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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
Weekly Roundup: February 2–8, 2018
Stock Market Evaluation, Moon Shots, and Corporate Innovation Posted by Ming Dong (York University), David Hirshleifer (UC Irvine), and Siew Hong Teoh (UC Irvine), on Friday, February 2, 2018 Tags: Behavioral finance, Capital allocation, Capital formation, Firm valuation, Innovation, Long-Term value, Market efficiency, R&D, Risk-taking, Stock mispricing Compensation in the 2018 Proxy Season Posted by Holly M. Bauer, Bradd L. Williamson and Adam L. Kestenbaum, Latham […]
Click here to read the complete postWill Tenure Voting Give Corporate Managers Lifetime Tenure?
In the past decade, many household name companies, including Alibaba, Facebook and Google (now Alphabet, Inc.), have adopted management-friendly dual-class voting systems justified as giving their executives the freedom to operate the companies toward long term value maximization and sheltering them from shareholder pressures for short-term outcomes. However, many institutional investors dislike these structures because […]
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Posted in Academic Research, Boards of Directors, Corporate Elections & Voting, Empirical Research
Tagged Blockchain, Blockholders, Boards of Directors, Dual-class stock, Management, Ownership, Proxy contests, Proxy voting, Shareholder voting
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Cryptocurrency 2018
Blockchain technology and the virtual currency, or cryptocurrency, that uses this technology are revolutionizing the way businesses function and deliver goods and services. Even as cryptocurrency becomes a widely debated topic, gaining the critical attention of regulators and policymakers, individuals and businesses are investing billions of dollars in cryptocurrency annually. To understand how blockchain and […]
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Posted in Banking & Financial Institutions, Financial Regulation, Practitioner Publications, Securities Litigation & Enforcement, Securities Regulation
Tagged Banks, Bitcoin, Blockchain, Capital formation, Cryptocurrency, Cybersecurity, Financial institutions, Financial regulation, Financial technology, ICOs, Money laundering, SEC, SEC enforcement, Securities enforcement, Securities litigation, Securities regulation
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Virtual Currencies
I am pleased that the Committee is holding this hearing to bring greater focus to the important issues that cryptocurrencies, initial coin offerings (ICOs) and related products and activities present for American investors and our markets. I am also pleased to join my counterpart, Commodity Futures Trading Commission (CFTC) Chairman Christopher Giancarlo, for our second […]
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Posted in Financial Regulation, Regulators Materials, Securities Litigation & Enforcement, Securities Regulation, Speeches & Testimony
Tagged Blockchain, CFTC, Cryptocurrency, Exchange Act, Financial technology, ICOs, Innovation, Investor protection, SEC, Securities enforcement, Securities fraud
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Top Universities for Corporate Directors
With the college football season recently coming to a close, there’s no question who’s Number 1 on the field. When it comes to the top schools for turning out board members at public companies, there are also a couple of clear winners. A recent Equilar study using data from its BoardEdge platform uncovered the results.
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Posted in Boards of Directors, Practitioner Publications
Tagged Board composition, Boards of Directors, Director nominations, Director qualifications, Diversity, Social networks, Surveys
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Institutional Investor Engagement: How to Create a “Stewardship Culture”
Institutional investors matter. The share of equity investments held by institutional investors, such as mutual funds, pension funds, insurance companies and hedge funds, has increased significantly in recent years, and many such assets are now managed by specialized asset managers. A broad consensus has now emerged that involving these professional institutional investors can be an […]
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Posted in Academic Research, Boards of Directors, Institutional Investors, Securities Regulation
Tagged Boards of Directors, Engagement, Institutional Investors, Securities regulation, Shareholder voting, Stewardship
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HLS Forum Sets New Records in 2017
The operations of the Harvard Law School Forum on Corporate Governance during 2017 set several new records. These records include: Having more than 100,000 unique viewers in a month: Publishing over 800 posts during a year; Having visitors from over 220 countries and territories during the year; and More than 2 million page views. Established […]
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Posted in Program News & Events
Tagged Program on Corporate Governance
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BlackRock’s Call for Companies to Deliver Financial & Social Value
On Tuesday, January 16th, BlackRock Chairman and CEO Laurence Fink released his annual letter to CEOs outlining a bold vision linking the prosperity of companies to their ability to deliver both financial performance as well as positive contributions to society. Entitled “A Sense of Purpose,” the letter highlights BlackRock’s increasingly active approach to shareholder engagement, […]
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Posted in Corporate Elections & Voting, Corporate Social Responsibility, Institutional Investors, Practitioner Publications
Tagged BlackRock, Boards of Directors, Corporate Social Responsibility, Engagement, ESG, Index funds, Institutional Investors, Long-Term value, Mutual funds, Shareholder voting, Stewardship
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Dinner Table Human Capital and Entrepreneurship
We document three new facts about entrepreneurship. First, a majority of male entrepreneurs start a firm in the same or a closely related industry as their fathers’ industry of employment. Second, this tendency is correlated with intelligence: higher-IQ entrepreneurs are less likely to follow their fathers. Third, an entrepreneur that starts a firm in the […]
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Posted in Academic Research, International Corporate Governance & Regulation
Tagged Entrepreneurs, Family firms, Human capital, Innovation, International governance, Norway, Social capital, Social networks
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