http://www.truthonthemarket.com/2007/04/17/north-dakota-publicly-traded-corporation-act/ Academic commentary on law, business, economics and more Fri, 19 Mar 2010 20:08:11 -0700 http://wordpress.org/?v=2.8.5 hourly 1 http://www.truthonthemarket.com/2007/04/17/north-dakota-publicly-traded-corporation-act/comment-page-1/#comment-93096 M. Hodak Wed, 18 Apr 2007 03:52:04 +0000 http://www.truthonthemarket.com/2007/04/17/north-dakota-publicly-traded-corporation-act/#comment-93096 Of course, as companies continue to shun these provisions at the time of incorporation, we will be hearing complaints from the governance mavens about a "race to the bottom." These critics can't seem to accept the possibility that entrepreneurs and managers actually want to ATTRACT investment, and might possibly structure their corporation accordingly, with due regards to the trade-offs involved. Of course, as companies continue to shun these provisions at the time of incorporation, we will be hearing complaints from the governance mavens about a “race to the bottom.” These critics can’t seem to accept the possibility that entrepreneurs and managers actually want to ATTRACT investment, and might possibly structure their corporation accordingly, with due regards to the trade-offs involved.

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