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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
Corporate Short-Termism in the Fiscal Cliff’s Shadow
Editor’s Note: Mark Roe is the David Berg Professor of Law at Harvard Law School, where he teaches bankruptcy and corporate law. This post is Professor Roe’s most recent op-ed written for the international association of newspapers Project Syndicate, which can be found here. Economic trends are sometimes more closely related to one another than […]
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Posted in HLS Research, Op-Eds & Opinions
Tagged Management, Short-termism, Stock performance
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Corporate Governance at Silicon Valley Companies 2012
Since 2003, Fenwick has collected a unique body of information on the corporate governance practices of publicly traded companies that is useful for all Silicon Valley companies and publicly-traded technology and life science companies across the U.S. as well as public companies and their advisors generally. Fenwick’s annual survey covers a variety of corporate governance […]
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Posted in Boards of Directors, Comparative Corporate Governance & Regulation, Practitioner Publications
Tagged Board composition, Board independence, Board leadership, Boards of Directors, Majority voting, Shareholder activism, Staggered boards, Surveys, Tech companies
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December 2012 Dodd-Frank Progress Report
This posting, the December 2012 Davis Polk Dodd-Frank Progress Report, is one in a series of Davis Polk presentations that illustrate graphically the progress of the rulemaking work that has been done and is yet to occur under the Dodd-Frank Act. The Progress Report has been prepared using data from the Davis Polk Regulatory Tracker™, […]
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Posted in Legislative & Regulatory Developments, Practitioner Publications
Tagged CFTC, Dodd-Frank Act
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Towards a Legal Theory of Finance
The paper, Towards a Legal Theory of Finance, develops the building blocks for a legal theory of finance (LTF). By placing law at the center of the analysis of financial systems LTF sheds light on the construction of financial markets, their interconnectedness and thus vulnerability to crisis, and situates power where law is elastic or […]
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Posted in Academic Research, Banking & Financial Institutions, Financial Regulation
Tagged Financial institutions, Financial regulation, Legal systems
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Don’t Ask, Don’t Waive Standstills
A recent transcript ruling in the Delaware Court of Chancery could have a significant impact on the market for control of public companies, particularly in an auction context, if broadly adopted. Vice Chancellor Laster’s bench decision in In Re Complete Genomics, Inc. Shareholder Litigation questions the enforceability of a standstill agreement that prohibits the bidder […]
Click here to read the complete postVoluntary Disclosure on Corporate Political Spending Is Not Enough
In an article published today by New York Times DealBook, as part of Lucian Bebchuk’s column series, we focus on the expected SEC consideration of the rulemaking petition urging adoption of rules that would require public companies to disclose information about their political spending. Opponents of mandatory disclosure rules can be expected to claim that […]
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Posted in Academic Research, Corporate Elections & Voting, Program News & Events
Tagged Citizens United v. FEC, Disclosure, Political spending, Rulemaking Petition on Corporate Political Spending, SEC, Transparency
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Not All Money Market Funds Are Equal
Editor’s Note: Robert Pozen is a senior lecturer at Harvard Business School and a senior fellow at the Brookings Institution. This post is based on an article by Mr. Pozen and Theresa Hamacher that originally appeared in the Financial Times. There is a sensible compromise to the debate over money market fund reform that regulators […]
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Posted in Banking & Financial Institutions, Institutional Investors, Op-Eds & Opinions
Tagged Financial institutions, Financial reform, Institutional Investors, Money market funds, Systemic risk
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Enhancing the Relevance, Credibility and Transparency of Audits
Editor’s Note: James R. Doty is chairman of the Public Company Accounting Oversight Board. This post is based on Chairman Doty’s remarks before the AICPA National Conference on Current SEC and PCAOB Developments, available here. The views expressed in the post are those of Chairman Doty and should not be attributed to the PCAOB as […]
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Posted in Accounting & Disclosure, Regulators Materials, Speeches & Testimony
Tagged Accounting standards, Audits, Financial reporting, Misreporting, PCAOB
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Board Oversight of Management’s Risk Appetite and Tolerance
In the aftermath of the financial crisis, companies and their boards have been grappling with new disclosure requirements related to board risk oversight in the United States, Canada, and Europe. Unfortunately, many organizations that have wanted to improve their risk management capabilities have attempted to implement a traditional form of what is generally known as […]
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Posted in Boards of Directors, Financial Crisis, Practitioner Publications, Securities Regulation
Tagged Boards of Directors, Management, NACD, Risk management, Risk oversight, Risk Oversight Inc., SEC, Securities regulation, SOX, The Conference Board
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Cybersecurity Risks and the Board of Directors
As boards of directors examine the risks that their companies face, corporate cybersecurity issues loom large. Forty-eight percent of directors (and 55 percent of general counsel) cited data security as their top concern in a recent study by Corporate Board Member/FTI Consulting. These numbers have roughly doubled since 2008, when only a quarter of directors […]
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Posted in Boards of Directors, Practitioner Publications
Tagged Boards of Directors, Management, Risk management
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