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Program on Corporate Governance Advisory Board
- Peter Atkins
- David Bell
- Kerry E. Berchem
- Richard Brand
- Daniel Burch
- Paul Choi
- Jesse Cohn
- Arthur B. Crozier Christine Davine
- Renata J. Ferrari
- Andrew Freedman
- Ray Garcia
- Byron Georgiou
- Joseph Hall
- Jason M. Halper William P. Mills
- David Millstone
- Theodore Mirvis
- Philip Richter
- Elina Tetelbaum
- Sebastian Tiller
- Marc Trevino Jonathan Watkins
- Steven J. Williams
HLS Faculty & Senior Fellows
Author Archives: Harvard Law School Forum on Corporate Governance and Financial Regulation
Sexual Harassment in Today’s Workplace
In recent months, sexual harassment allegations against well-known figures across a growing number of industries have become a common feature in news headlines. In the wake of these allegations, many companies have concluded that their current policies and procedures related to sexual harassment and discrimination are inadequate. Against the backdrop of this rapidly evolving landscape, […]
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Posted in Accounting & Disclosure, Boards of Directors, Practitioner Publications
Tagged Accountability, Boards of Directors, Compliance & ethics, Corporate culture, Disclosure, Management, Misconduct, Reputation, Risk, Risk management, Whistleblowers
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Firm Level Decisions in Response to the Crisis: Shareholders vs. Other Stakeholders
One of the interesting features of the 2008 financial crisis is the wide range of relationships between changes in a country’s output and changes in unemployment. Spain and Ireland had very large increases in unemployment despite quite different falls in output. This is perhaps not very surprising because both had significant construction industries that were […]
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Posted in Academic Research, Comparative Corporate Governance & Regulation, Financial Crisis, International Corporate Governance & Regulation
Tagged Fiduciary duties, Financial crisis, France, Germany, International governance, Japan, Labor markets, Okun's law, Shareholder primacy, Shocks, UK
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Freedom of Contract in LLCs
On February 1, 2018, the Delaware Court of Chancery granted defendants’ motion to dismiss an action brought by minority unitholders of Trumpet Search, LLC (“Trumpet” or the “Company”). The defendants were other unitholders that collectively held a majority of the membership units in Trumpet and, under the governing operating agreement (“OA”), had the power to […]
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Posted in Boards of Directors, Court Cases, Mergers & Acquisitions, Practitioner Publications
Tagged Boards of Directors, Contracts, Corporate forms, Delaware cases, Delaware law, Fairness review, Fiduciary duties, Merger litigation, Mergers & acquisitions, Shareholder suits
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Rethinking Corporate Law During a Financial Crisis
After each financial crisis, policy and academic discussions debate what went wrong with the law of financial regulation and how the law can be improved to prevent future crises. For instance, the Panic of 1907 prompted the establishment of the Federal Reserve (the “Fed”) as the lender of last resort. In response to the banking […]
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Posted in Academic Research, Banking & Financial Institutions, Comparative Corporate Governance & Regulation, Financial Crisis, Financial Regulation, Mergers & Acquisitions, Securities Regulation
Tagged Appraisal rights, Banks, Corporate forms, Fiduciary duties, Financial crisis, Financial institutions, Financial regulation, Mergers & acquisitions, Shareholder primacy, Shareholder voting
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Key Governance Issues—Ways for the Future
In early November 2017, a group of senior representatives from leading investors, large companies, academia and regulators met for a roundtable symposium under Chatham House Rules to discuss particularly timely issues for the future of corporate governance. The three introductory presentations of the moderators and the main results of the engaged discussions are set out […]
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Posted in Academic Research, Boards of Directors, Comparative Corporate Governance & Regulation, Corporate Elections & Voting, Executive Compensation, Institutional Investors, International Corporate Governance & Regulation, Securities Regulation
Tagged Blockchain, Board communication, Board independence, Boards of Directors, Compensation disclosure, Fund managers, Institutional Investors, International governance, Ownership, Proxy materials, Proxy voting, Say on pay, Securities regulation, Shareholder voting
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UN Investor Summit Highlights
Every two years, investors, executives and industry leaders gather at the United Nations for a unique summit on the state of climate risks and opportunities in the capital markets. This year’s convening of the UN Investor Summit on Climate Risk in late January took place in a dramatically different environment than the last meeting in […]
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Posted in Accounting & Disclosure, Corporate Social Responsibility, International Corporate Governance & Regulation, Practitioner Publications
Tagged Climate change, Disclosure, Engagement, Environmental disclosure, ESG, International governance, Long-Term value, Risk management, SASB, Sustainability, United Nations
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Limited Liability and the Known Unknown
Limited liability is a double-edged sword. On the one hand, limited liability may help overcome investors’ risk aversion and facilitate capital formation and economic growth. On the other hand, limited liability is widely believed to contribute to excessive risk taking and externalization of losses to the public. Limited liability cannot eliminate risk. Limited liability can […]
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Posted in Academic Research, Accounting & Disclosure, Comparative Corporate Governance & Regulation, Corporate Social Responsibility
Tagged Corporate Social Responsibility, Information asymmetries, Information environment, Liability standards, Peer groups, Public interest, Risk, Risk management, Taxation, Transparency
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