-
Supported By:
Subscribe or Follow
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
The Further Erosion of Investor Protection: Expanded Exemptions, SPAC Mergers, and Direct Listings
Since at least the 1930s, when the federal securities framework was adopted, most companies undertaking initial public offerings (IPOs) have relied on firm-commitment underwriters to act as intermediaries between themselves and investors. The close relationship between IPOs and underwriting, governed by Section 11 of the Securities Act of 1933, is implicit in a regime that […]
Click here to read the complete post
Posted in Academic Research, Mergers & Acquisitions, Securities Litigation & Enforcement, Securities Regulation
Tagged Capital formation, Direct listings, Investor protection, IPOs, Mergers & acquisitions, PSLRA, Securities litigation, Securities regulation, SPACs, Special purpose vehicles
Comments Off on The Further Erosion of Investor Protection: Expanded Exemptions, SPAC Mergers, and Direct Listings
SEC Proposes Additional Private Fund Disclosures
On January 26, 2022, the US Securities and Exchange Commission (SEC or Commission) voted in favor of proposing amendments to Form PF, which is the confidential reporting form that certain SEC-registered investment advisers to private funds must file with the SEC. In the SEC’s press release regarding the proposed amendments, Chair Gary Gensler pointed to the decade […]
Click here to read the complete post
Posted in Accounting & Disclosure, Institutional Investors, Practitioner Publications, Private Equity, Securities Regulation
Tagged Disclosure, Dodd-Frank Act, Form PF, Hedge funds, Institutional Investors, Private equity, Private funds, SEC, SEC rulemaking, Securities regulation
Comments Off on SEC Proposes Additional Private Fund Disclosures
Weekly Roundup: February 25-March 3, 2022
SEC Proposes Substantial Increases to Form PF Reporting Posted by Marc E. Elovitz, Schulte, Roth & Zabel LLP, on Friday, February 25, 2022 Tags: Disclosure, Financial reporting, Form PF, Hedge funds, Investment advisers, Private equity, Private funds, SEC, Securities regulation ESG: 2021 Trends and Expectations for 2022 Posted by Greg Norman and Simon Toms, Skadden, Arps, Slate, Meagher & Flom LLP, on Friday, February 25, 2022 […]
Click here to read the complete post
Posted in Weekly Roundup
Tagged Weekly Roundup
Comments Off on Weekly Roundup: February 25-March 3, 2022
The Rise of Climate Litigation
Climate litigation is an increasingly common and accessible area of environmental law, and is being used to hold countries and public corporations to account for their climate mitigation efforts and historical contributions to the problem of climate change. A Global Surge in Litigation There is a clear upward trend in the use of climate litigation. […]
Click here to read the complete postPrivate or Public Equity? The Evolving Entrepreneurial Finance Landscape
The U.S. entrepreneurial finance market has undergone dramatic changes over the last two decades. Capital raised by privately-held venture capital (VC)-backed startups grew from $28.9 billion in 2002 to $118.2 billion in 2019 (in real 2012 dollars). At the same time, the number of annual IPOs in the U.S. has declined from an average of […]
Click here to read the complete post
Posted in Academic Research, Private Equity, Securities Regulation
Tagged Capital formation, Capital markets, Entrepreneurs, IPOs, Private equity, Private firms, Public firms, Venture capital firms
Comments Off on Private or Public Equity? The Evolving Entrepreneurial Finance Landscape
C-Suite and Board Engagement in a COVID-19 Environment
Facilitating board interactions in a COVID-19 environment Boards fulfill an essential oversight role for CEOs and their management teams. C-suite executives can help the board to carry out its responsibilities, including providing critical information and insights. As companies continue to navigate the pandemic and the associated economic fallout, it is particularly critical that executives provide […]
Click here to read the complete post
Posted in Boards of Directors, Practitioner Publications
Tagged Board dynamics, Board performance, Boards of Directors, CFOs, COVID-19, Engagement, Management
Comments Off on C-Suite and Board Engagement in a COVID-19 Environment
Is Economic Nationalism in Corporate Governance Always a Threat?
During the past decades, participants in corporate law and corporate governance academic debates around the world have generally been skeptical of policies implementing economic ‘Nationalism’ or ‘protectionism.’ While these are chiefly subjects of other areas of law, such as foreign direct investment or international trade law, literature in recent years has documented a close interaction […]
Click here to read the complete post
Posted in Academic Research, Comparative Corporate Governance & Regulation, International Corporate Governance & Regulation
Tagged COVID-19, Globalization, Institutional Investors, International governance, Protectionism, Stakeholders
Comments Off on Is Economic Nationalism in Corporate Governance Always a Threat?
SEC Proposes Unprecedented Cybersecurity Rules
On February 9, 2022, the SEC voted to propose rules mandating sweeping cybersecurity measures for registered advisers and funds. The proposal reflects the first SEC rules specifically addressing cybersecurity programs and reporting. Most notably, the rules would impose a rapid reporting requirement when advisers face serious cyberattacks. Advisers would have to report any “significant cybersecurity […]
Click here to read the complete post
Posted in Accounting & Disclosure, Practitioner Publications, Private Equity, Securities Regulation
Tagged Cybersecurity, Disclosure, Private equity, Private funds, SEC, SEC rulemaking, Securities regulation
Comments Off on SEC Proposes Unprecedented Cybersecurity Rules
The Need for Disclosure About Worker Voice
An Introduction to Worker Voice Despite an increasing focus on company disclosures about workforce-related policies and practices, little attention has been given to very important issues of worker voice: the opportunity and ability of workers to speak out and up about their experience at the workplace and how what they say is heard, discussed, and […]
Click here to read the complete post
Posted in Academic Research, ESG
Tagged Disclosure, ESG, Human capital, Labor markets, Stakeholders, Unions
Comments Off on The Need for Disclosure About Worker Voice