We find that connections CEOs develop with top executives and directors through their
appointment decisions increase the risk of corporate fraud. Appointment‐based CEO …

T his Article questions the basic allocation of power between boards and shareholders
under US corporate law. I present the case for allowing shareholders to initiate and vote to …

This is the long-awaited third edition of this highly regarded comparative overview of
corporate law. This edition has been comprehensively revised and updated to reflect the …

Let's start concrete before we get theoretical. Suppose clear-cut-ting is profitable and legal,
but is nonetheless regarded as environmentally irresponsible under prevailing social norms …

For nearly two centuries, a cornerstone of Anglo-American corporate law has been the
fiduciary duty of loyalty, the most demanding and litigated fiduciary obligation imposed on …

The# MeToo movement has shaken corporate America in recent months, leading to the
departures of several high-profile executives as well as sharp stock price declines at a …

The world's largest businesses must routinely police other businesses. By public mandate,
Facebook monitors app developers' privacy safeguards, Citibank audits call centers for …

An increasingly popular view holds that institutions--in particular, the rule of law--are the
keys to unlocking the develo** world's full growth potential. But what exactly does this …

Modern politics is an alternative explanation for divergent ownership structures and the
differing depths of securities markets in the world's richer nations. Some legislatures respect …

Corporate governance has become a constant fixture of the academic and policy debates of
our time. 2 It not only figured prominently in the Sarbanes-Oxley Act of 2002 and the Dodd …