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Full-Text Articles in Law
Gen Y More Black Corporate Directors, Chaz Brooks
Gen Y More Black Corporate Directors, Chaz Brooks
Articles in Law Reviews & Other Academic Journals
Corporate diversity has been in the spotlight for decades. Recent efforts have followed years of legal scholarship, arguments on the business rationale for greater diversity, and more recently, the racial unrest during the summer of 2020. Called by some, a “racial reckoning,” the summer of 2020 catalyzed many corporate declarations on the importance of diversity, and more to the point of this article, the necessity of righting the economic disadvantages of Black Americans. This article looks specifically at one intervention by a corporate player following summer 2020, Nasdaq’s volley to increase corporate diversity through required disclosure. This article reviews the …
Who Is The Client? Rethinking Professional Responsibility For Benefit Corporations, Joseph Pileri
Who Is The Client? Rethinking Professional Responsibility For Benefit Corporations, Joseph Pileri
Articles in Law Reviews & Other Academic Journals
A growing social enterprise movement has led companies to increasingly opt into the benefit corporation form, and those companies are hiring lawyers. Benefit corporations challenge the notion that corporate law’s primary focus is on furthering shareholder interests. While many have written about the benefit corporation with respect to corporate fiduciary law, this Article is the first to explore the form’s ethical implications for lawyers. Ethical obligations necessarily reflect substantive law governing client organizations; changes to the corporate form presented by benefit corporation legislation should reverberate in legal ethics. The legal profession, however, has not addressed how to lawyer to a …