-
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
UK Announces Consultation on Bank Levy
In his Budget statement, delivered on 22 June, 2010, the Chancellor of the Exchequer announced that the UK will introduce a tax based on banks’ balance sheets from 1 January, 2011, to be known as “bank levy”. Once fully in place this tax is expected to generate around £2.5 billion annually. A consultation has now […]
Click here to read the complete postDifferent Approaches to Corporate Reporting Regulation
In the paper, Different Approaches to Corporate Reporting Regulation: How Jurisdictions Differ and Why, which was recently made publicly available on SSRN, I discuss differences in countries’ approaches to reporting regulation and explore reasons why they exist in the first place and why they are likely to persist. After delineating various regulatory choices and discussing […]
Click here to read the complete post
Posted in Academic Research, Accounting & Disclosure, International Corporate Governance & Regulation
Tagged IFRS, Reporting regulation
Comments Off on Different Approaches to Corporate Reporting Regulation
Review of the UK Takeover Code
At the beginning of this month, the UK Panel on Takeovers and Mergers (the Panel) announced a wide-ranging review of a number of fundamental principles of UK takeover regulation contained in the Panel’s City Code on Takeovers and Mergers (the Code). Responses are required by 27 July 2010. This review has been prompted in part […]
Click here to read the complete postWhy Stewardship is Proving Elusive for Institutional Investors
As the dominant owners of listed companies in many developed markets, institutional investors have been under increasing pressure to act as responsible shareholders. In the UK, where institutions own more than 70% of the stock market, a Stewardship Code has been developed to encourage pension funds, insurance companies, and their asset managers to monitor and […]
Click here to read the complete post
Posted in Institutional Investors, Practitioner Publications
Tagged Fiduciary duties, Fund managers, Stewardship
3 Comments
What to Expect from Dodd-Frank in the 2011 Proxy Season
Editor’s Note: Holly Gregory is a Corporate Partner specializing in corporate governance at Weil, Gotshal & Manges LLP. This post is based on an extract from a Weil Gotshal Briefing; the complete article is available here. Other posts relating to the Dodd-Frank Act are available here. The new requirements of the Dodd-Frank Act and current […]
Click here to read the complete postBoards of Banks
In our paper, Boards of Banks, which was recently made publicly available on SSRN, we assemble the most complete data set on boards of banks to date. Our data allow us to draw a detailed picture of bank board composition up to and including the crisis period. The data reveal a number of new empirical […]
Click here to read the complete postErosion of the Fiduciary Duty Requirement in Insider Trading Actions
Every decade or so, a new wave of interest in prosecuting insider trading emerges. We see this now. Just as the tides of interest in insider trading ebb and flow, so too do the contours of the offense itself. Given the present environment, of course, one would expect regulators to step up insider-trading enforcement, and […]
Click here to read the complete postHow to Pay a Banker
Editor’s Note: This post is Lucian Bebchuk’s most recent op-ed in his column series titled “The Rules of the Game,” written for the international association of newspapers Project Syndicate, which can be found here. This op-ed builds on his article Regulating Bankers’ Pay, co-authored with Holger Spamann, which is available here. The United States’ Federal […]
Click here to read the complete postA New World for Whistleblowers
Section 922 of the Dodd-Frank Wall Street Reform and Consumer Protection Act, signed into law by President Obama on July 21, creates an elaborate new regime of financial incentives to encourage whistleblowers to come forward to the SEC with information about securities law violations. An unfortunate likely effect of this new regime, however, may be […]
Click here to read the complete post