Comments on: Shareholder vs. Stockholder http://www.truthonthemarket.com/2006/05/21/shareholder-vs-stockholder/ Academic commentary on law, business, economics and more Wed, 17 Mar 2010 17:31:51 -0700 http://wordpress.org/?v=2.8.5 hourly 1 By: Marcia Shuman http://www.truthonthemarket.com/2006/05/21/shareholder-vs-stockholder/comment-page-1/#comment-143902 Marcia Shuman Thu, 26 Jun 2008 22:54:17 +0000 http://www.truthonthemarket.com/2006/05/21/shareholder-vs-stockholder/#comment-143902 Why would a private company change its designation from shareholder to stockholder? In Indiana. Why would a private company change its designation from shareholder to stockholder? In Indiana.

]]> By: Maggie Richardson http://www.truthonthemarket.com/2006/05/21/shareholder-vs-stockholder/comment-page-1/#comment-141405 Maggie Richardson Sun, 02 Mar 2008 23:15:43 +0000 http://www.truthonthemarket.com/2006/05/21/shareholder-vs-stockholder/#comment-141405 I'm still confused. Does one have to be a lawyer to understand the difference? I’m still confused. Does one have to be a lawyer to understand the difference?

]]> By: karla http://www.truthonthemarket.com/2006/05/21/shareholder-vs-stockholder/comment-page-1/#comment-33969 karla Mon, 20 Nov 2006 15:23:35 +0000 http://www.truthonthemarket.com/2006/05/21/shareholder-vs-stockholder/#comment-33969 so, in consequence there isnt any difference between the 2 terms, is it?? so, in consequence there isnt any difference between the 2 terms, is it??

]]> By: Conglomerate http://www.truthonthemarket.com/2006/05/21/shareholder-vs-stockholder/comment-page-1/#comment-3661 Conglomerate Tue, 23 May 2006 06:59:06 +0000 http://www.truthonthemarket.com/2006/05/21/shareholder-vs-stockholder/#comment-3661 <strong>Shareholder v. Stockholder: The Delaware Canard...</strong> Bill Sjostrom is one of my favorite bloggers, but I have to call him out for endorsing one of the... Shareholder v. Stockholder: The Delaware Canard…

Bill Sjostrom is one of my favorite bloggers, but I have to call him out for endorsing one of the…

]]> By: TRUTH ON THE MARKET » Defining Words http://www.truthonthemarket.com/2006/05/21/shareholder-vs-stockholder/comment-page-1/#comment-3658 TRUTH ON THE MARKET » Defining Words Tue, 23 May 2006 04:01:29 +0000 http://www.truthonthemarket.com/2006/05/21/shareholder-vs-stockholder/#comment-3658 [...] Yesterday, Bill raised the issue of using the term “stockholdersâ€? instead of “shareholdersâ€? and vice versa.  His post met some interesting comments (read here).  A couple of days before that, I had posted about defining “good faithâ€? and “not in good faith.â€?  See “Nowicki on Good Faithâ€? here and, in its first iteration, here.  In Bill’s post, he was ruminating about how careful he needed to be (or did not need to be) when using the words “stockholderâ€? and “shareholderâ€? in his academic writing.  In my post, I was ranting about the bastardization of the phrase “not in good faith.â€?  [...] [...] Yesterday, Bill raised the issue of using the term “stockholdersâ€? instead of “shareholdersâ€? and vice versa.  His post met some interesting comments (read here).  A couple of days before that, I had posted about defining “good faithâ€? and “not in good faith.â€?  See “Nowicki on Good Faithâ€? here and, in its first iteration, here.  In Bill’s post, he was ruminating about how careful he needed to be (or did not need to be) when using the words “stockholderâ€? and “shareholderâ€? in his academic writing.  In my post, I was ranting about the bastardization of the phrase “not in good faith.â€?  [...]

]]> By: Dave Hoffman http://www.truthonthemarket.com/2006/05/21/shareholder-vs-stockholder/comment-page-1/#comment-3649 Dave Hoffman Mon, 22 May 2006 18:33:11 +0000 http://www.truthonthemarket.com/2006/05/21/shareholder-vs-stockholder/#comment-3649 I'm with Kate, and not just because securities *litigators* are taught to elide the distinction, for judges' sakes. I’m with Kate, and not just because securities *litigators* are taught to elide the distinction, for judges’ sakes.

]]> By: Kate Litvak http://www.truthonthemarket.com/2006/05/21/shareholder-vs-stockholder/comment-page-1/#comment-3647 Kate Litvak Mon, 22 May 2006 17:37:09 +0000 http://www.truthonthemarket.com/2006/05/21/shareholder-vs-stockholder/#comment-3647 Precision in scholarship is caring about details that matter for the research question. The distinction between "shareholders" and "stockholders" is as relevant for scholarly precision as remembering to italicize the comma after "e.g." Precision in scholarship is caring about details that matter for the research question. The distinction between “shareholders” and “stockholders” is as relevant for scholarly precision as remembering to italicize the comma after “e.g.”

]]> By: Bill Sjostrom http://www.truthonthemarket.com/2006/05/21/shareholder-vs-stockholder/comment-page-1/#comment-3645 Bill Sjostrom Mon, 22 May 2006 17:18:38 +0000 http://www.truthonthemarket.com/2006/05/21/shareholder-vs-stockholder/#comment-3645 Kate:  I agree that the distinction likely adds nothing to the academic study of corporate law. I look at though from the perspective of both a corporate law scholar and teacher. For the practice of corporate law, the distinction can be important, so I teach my students this and other seemingly trivial distinctions. Hence, I feel inclined to use the same degree of precision in my scholarship, i.e., to practice what I preach. Kate:  I agree that the distinction likely adds nothing to the academic study of corporate law. I look at though from the perspective of both a corporate law scholar and teacher. For the practice of corporate law, the distinction can be important, so I teach my students this and other seemingly trivial distinctions. Hence, I feel inclined to use the same degree of precision in my scholarship, i.e., to practice what I preach.

]]> By: Kate Litvak http://www.truthonthemarket.com/2006/05/21/shareholder-vs-stockholder/comment-page-1/#comment-3643 Kate Litvak Mon, 22 May 2006 17:05:32 +0000 http://www.truthonthemarket.com/2006/05/21/shareholder-vs-stockholder/#comment-3643 Just use whichever word you like without apologies, footnotes, and substitutions. Nobody cares. These sorts of word plays make cute practitioner trivia, but I see no reason why they should enlighten academic study of corporate law. You can use “hippopotamus� for all I care, so long as you define it upfront. Just use whichever word you like without apologies, footnotes, and substitutions. Nobody cares.

These sorts of word plays make cute practitioner trivia, but I see no reason why they should enlighten academic study of corporate law. You can use “hippopotamus� for all I care, so long as you define it upfront.

]]> By: Elizabeth Nowicki http://www.truthonthemarket.com/2006/05/21/shareholder-vs-stockholder/comment-page-1/#comment-3639 Elizabeth Nowicki Mon, 22 May 2006 16:02:30 +0000 http://www.truthonthemarket.com/2006/05/21/shareholder-vs-stockholder/#comment-3639 No - strong no. No - strong no. No. I made the same mistake years ago. Reason number 459 why I think it is important for academics in our field to actually have practiced at some point. No – strong no.
No – strong no.
No.
I made the same mistake years ago. Reason number 459 why I think it is important for academics in our field to actually have practiced at some point.

]]> By: Securities Guy http://www.truthonthemarket.com/2006/05/21/shareholder-vs-stockholder/comment-page-1/#comment-3548 Securities Guy Sun, 21 May 2006 23:28:50 +0000 http://www.truthonthemarket.com/2006/05/21/shareholder-vs-stockholder/#comment-3548 My first thought upon reading this was that I made the same mistake as a junior associate at a law firm. My second thought was that this is a perfect illustration of why so many people hate lawyers. My first thought upon reading this was that I made the same mistake as a junior associate at a law firm.

My second thought was that this is a perfect illustration of why so many people hate lawyers.

]]> By: q http://www.truthonthemarket.com/2006/05/21/shareholder-vs-stockholder/comment-page-1/#comment-3459 q Sun, 21 May 2006 18:30:07 +0000 http://www.truthonthemarket.com/2006/05/21/shareholder-vs-stockholder/#comment-3459 Stockholder...shareholder...that was my very first mistake as a first year corporate law associate!! You'd be surprised. People care. I doubt that any law review editors will have learned not to make this mistake by the time they are reading your article, but might as well fix it. Stockholder…shareholder…that was my very first mistake as a first year corporate law associate!! You’d be surprised. People care. I doubt that any law review editors will have learned not to make this mistake by the time they are reading your article, but might as well fix it.

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