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HLS Faculty & Senior Fellows
Program on Corporate Governance Advisory Board
- Peter Atkins
- David Bell
- Kerry E. Berchem
- Richard Brand
- Daniel Burch
- Paul Choi
- Jesse Cohn
- Arthur B. Crozier
- Renata J. Ferrari
- Andrew Freedman
- Ray Garcia
- Joseph Hall
- Jason M. Halper William P. Mills
- David Millstone
- Theodore Mirvis
- Philip Richter
- Elina Tetelbaum
- Sebastian Tiller
- Marc Trevino
- Steven J. Williams
Author Archives: Harvard Law School Forum on Corporate Governance and Financial Regulation
Say-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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CVS Caremark Adopts My Proposal and Amends its By-laws
Editor’s Note: This post is from Lucian Bebchuk of Harvard Law School. CVS Caremark and I have reached an agreement under which the company adopted a by-law provision limiting the adoption of poison pills. The adopted by-law is based on a shareholder proposal to amend the company’s by-laws that I submitted for the company’s upcoming […]
Click here to read the complete postThe Significance of Mercier v. Inter-Tel
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. I posted previously here on Vice Chancellor Strine’s decision in Mercier v. […]
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Posted in Corporate Elections & Voting, Court Cases, Securities Regulation
Tagged Delaware cases, Delaware law, Mercier v. Inter-Tel, Shareholder meetings
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A Practitioner’s Guide to Electronic Shareholder Forums
Our firm has recently released a Corporate Governance Commentary providing an overview of the recent proxy rule amendments designed to encourage the use of electronic shareholder forums (for convenience, referred to as “e-forums”). The amendments were hastily adopted at a time when most of the attention was on proxy access. While the amendments were intended […]
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Posted in Corporate Elections & Voting, Practitioner Publications
Tagged E-proxy, Proxy voting, Shareholder communications
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Forget Issuer Proxy Access and Focus on E-Proxy
I have just posted a forthcoming Vanderbilt Law Review article on issuer proxy access, Proxy Access in an Era of Increasing Shareholder Power: Forget Issuer Proxy Access and Focus on E-Proxy. The current draft is posted on SSRN here. The abstract is as follows: The current debate over shareholder access to the issuer’s proxy for […]
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Posted in Academic Research, Corporate Elections & Voting, Securities Regulation
Tagged E-proxy, Proxy access, Proxy voting
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Differences in Governance Practices Between U.S. and Foreign Firms
With my co-authors Reena Aggarwal (Georgetown), Isil Erel (Ohio State) and Rohan Williamson (Georgetown), I have recently completed a revision of the paper “Differences in Governance Practices between U.S. and Foreign Firms: Measurement, Causes, and Consequences.” The paper is available at SSRN. The paper is now forthcoming at The Review of Financial Studies. The paper […]
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Posted in Academic Research, Empirical Research, International Corporate Governance & Regulation
Tagged Firm valuation, Foreign firms, General governance, Internal control
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Bebchuk Ranks First Among Law Professors on SSRN
As indicated in a recent Harvard Law School announcement, statistics released by the Social Science Research Network (SSRN) indicate that, as of the end of 2007, the works of Harvard Law School’s corporate governance scholar Lucian Bebchuk have been downloaded more than the work of any other law professor. His papers have attracted a total […]
Click here to read the complete postNow Publicly Available: SEC’s Executive Compensation Comments and Responses
For the subset of the 350 companies that were both reviewed by the SEC’s Division of Corporate Finance as part of the executive compensation review project and have received one of these “all clear” letters from the Staff, you will soon find the SEC comment letter and the company response posted on the SEC’s EDGAR […]
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Posted in Executive Compensation, Practitioner Publications
Tagged Executive Compensation, SEC
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Tellabs redux
On Thursday, January 17, a Seventh Circuit Court of Appeals panel led by Judge Richard A. Posner handed down the Circuit’s second crack at the “strong inference” standard in the Tellabs matter. Makor Issues & Rights, Ltd. v. Tellabs, Inc., __ F.3d __, No. 04-1687, 2008 U.S. App. LEXIS 975 (7th Cir. Jan. 17, 2008). […]
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Posted in Court Cases, Practitioner Publications, Securities Regulation
Tagged Makor v. Tellabs, Securities fraud, Securities regulation, U.S. federal courts
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