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Program on Corporate Governance Advisory Board
- William Ackman
- Peter Atkins
- David Bell
- Kerry E. Berchem
- Richard Brand
- Daniel Burch
- Paul Choi
- Jesse Cohn
- Arthur B. Crozier Christine Davine
- Renata J. Ferrari
- John Finley
- Andrew Freedman
- Ray Garcia
- Byron Georgiou
- Joseph Hall
- Jason M. Halper
- Paul Hilal
- Carl Icahn William P. Mills
- David Millstone
- Theodore Mirvis
- Philip Richter
- Elina Tetelbaum
- Sebastian Tiller
- Marc Trevino Jonathan Watkins
- Steven J. Williams
- Daniel Wolf
HLS Faculty & Senior Fellows
Author Archives: Harvard Law School Forum on Corporate Governance and Financial Regulation
The Shifting Balance of Power Between Shareholders and the Board
I have recently completed a paper, entitled “The Shifting Balance of Power Between Shareholders and the Board: News Corp’s Exodus to Delaware and Other Antipodean Tales”. The paper is posted on SSRN here. The abstract to the paper is as follows: The balance of power between shareholders and the board of directors is a contentious […]
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Posted in Academic Research, Boards of Directors, Financial Regulation, Institutional Investors
Tagged Boards of Directors, Delaware cases, Delaware law, Incorporations, Institutional Investors, Shareholder power
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Contractarians, Waiver of Liability Provisions, and the Race to the Bottom
We have just posted a paper on SSRN, Opting Only In: Contractarians, Waiver of Liability Provisions, and the Race to the Bottom, challenging one of the core positions of the contractarian approach to corporate law. Contractarians espouse an enabling approach to regulation allowing corporations to opt in or opt out and oppose a mandatory approach […]
Click here to read the complete post‘Law and Finance’ Revisited
I have just released a working paper on the measurement of shareholder protection around the world, entitled “’Law and Finance’ Revisited” and available on SSRN here. The abstract is as follows: The “Antidirector Rights Index” from La Porta et al.’s “Law and Finance” (1998) has been used as a measure of shareholder protection in almost […]
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Posted in Academic Research, Empirical Research, HLS Research, International Corporate Governance & Regulation
Tagged Investor protection, Legal systems
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Blog and Program Members Included in the “500 Leading Lawyers” List
Lawdragon magazine presented its third annual list of the “500 Leading Lawyers in America,” and the list includes eight individuals who are affiliated with the Harvard Law School Program on Corporate Governance and/or the Harvard Law School Corporate Governance Blog. The 500 Leading Lawyers list includes professor Lucian Bebchuk (Harvard Law School), who serves as […]
Click here to read the complete postSEC Advisory Committee Interim Report on Improvements to Financial Reporting
On February 14, the SEC Advisory Committee on Improvements to Financial Reporting presented its interim report to the Securities and Exchange Commission. The report includes 12 developed proposals, conceptual approaches representing the Committee’s initial views on matters, and currently identified matters for further consideration. The key themes of the report are the following: increasing emphasis […]
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Posted in Accounting & Disclosure, Legislative & Regulatory Developments, Securities Regulation
Tagged Financial reporting, GAAP, IFRS, PCAOB, SEC
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Shareholder-Centric vs. Director-Centric Corporate Governance
I’ve been giving some thought to the dust up last year between Marty Lipton and other governance experts as to whether Pfizer’s initiative of having several of its independent directors meet with its largest institutional investors represented a landmark in the decline of director-centric corporate governance, and have also been thinking about what we mean […]
Click here to read the complete postDoes a Director Qua Director Have Standing to Sue Derivatively?
Editor’s Note: This post is from Steven M. Haas of Hunton & Williams LLP. This post is part of the Delaware law series, which is cosponsored by the Forum and Corporation Service Company; links to other posts in the series are available here. Does a Director Qua Director Have Standing to Sue Derivatively? No, so […]
Click here to read the complete postSay-on-Pay in the UK and Australia – and now in the US?
Verizon, Par Pharmaceutical and Aflac became the first US companies over the last year to adopt policies requiring an advisory vote of shareholders on company executive compensation practices. A network of over 70 institutional and individual investors lead by AFSCME and Walden Asset Management announced in January that adoption of this ‘say on pay’ policy […]
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Posted in Corporate Elections & Voting, Executive Compensation, International Corporate Governance & Regulation
Tagged Australia Council, Executive Compensation, Proxy voting, Reinhart, Say on pay
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On Being a Corporate Lawyer
On Monday February 4, HLS Professor John C. Coates IV delivered his inaugural lecture “On Being a Corporate Lawyer” on the occasion of his appointment as the John F. Cogan, Jr. Professor of Law and Economics. Coates’ lecture surveyed recent trends in corporate law practice—the field, he said, which continues to draw the majority of […]
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Posted in Program News & Events
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