Crisis and Proposed Solution: Half a Century of Corporate Law. 59 Connecticut Bar Journal 283 (1985)
"Greenmail" refers to purchases, at a premium over the market price, of shares of a corporation's stock from persons making a takeover bid. Greenmail can be seen as an aspect of the self- regulatory process, the combination of business practices and legal formalities, which defines United States capitalism. The reality of the system characterized by greenmail, however, involves a good deal more than self-regulation.
Date of Authorship for this Version
Greenmail, stock, capitalism, corporate stock
Deutsch, Jan Ginter, "Crisis And Proposed Solution: Half A Century Of Corporate Law" (1985). Faculty Scholarship Series. Paper 3985.