Now showing items 1-10 of 60
The Questionable Case for Using Auctions to Select Lead Counsel
This Article analyzes the shortcomings of using auctions for selecting lead counsel in class action cases. In contrast to what proponents of auctions suggest, the outcome of an auction is likely to diverge considerably ...
Does the Evidence Favor State Competition in Corporate Law
(California Law Review Inc., 2002)
A Plan for Addressing the Financial Crisis
(Harvard John M. Olin Center for Law, Economics, and Business, 2008)
This paper critiques the proposed emergency legislation for spending $700 billion on purchasing financial firms’ troubled assets to address the 2008 financial crisis. It also puts forward a superior alternative for ...
Unfreezing Credit Markets
(Harvard John M. Olin Center, 2008)
Despite the large infusion of capital into the financial sector and low interest rates, the flow of financing to operating firms has failed to return to normal levels. One explanation suggested is that banks still lack ...
Why Firms Adopt Antitakeover Arrangements
(University of Pennsylvania, 2003)
Firms going public have increasingly been incorporating antitakeover provisions in their IPO charters, while shareholders of existing companies have increasingly been voting in opposition to such charter provisions. This ...
Harvard Law School Proxy Access Roundtable
(John M. Olin Center for Law, Economics, and Business. Harvard Law School., 2010)
This paper contains the proceedings of the Proxy Access Roundtable that was held by the Harvard Law School Program on Corporate Governance on October 7, 2009. The Roundtable brought together prominent participants in the ...
What Matters in Corporate Governance?
(Oxford University Press (OUP), 2009)
We investigate the relative importance of the twenty-four provisions followed by the Investor Responsibility Research Center (IRRC) and included in the Gompers, Ishii, and Metrick governance index (Gompers, Ishii, and ...