Mar 1, 2019 | Accounting Law, Article, Brent J. Horton, Law and Economics
By Brent J. Horton Abstract On April 3, 2018, Spotify Technology S.A.—a music streaming company valued in excess of $20 billion—went public by direct listing on the New York Stock Exchange (NYSE). A direct listing is distinguishable from the more traditional initial...
Mar 1, 2018 | Article, Gregory Crespi, Law and Economics, Legal Education
By Gregory Crespi Abstract “Law and Economics” courses are sometimes criticized for inadequately explaining the normative criterion of “economic efficiency” and then applying this criterion throughout the course in a superficial and biased manner that pejoratively...