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Articles 1 - 9 of 9

Full-Text Articles in Law

Getting In A Bind—Comparing Executive Compensation Regulations In The U.S. And The U.K., Bobby V. Reddy Aug 2024

Getting In A Bind—Comparing Executive Compensation Regulations In The U.S. And The U.K., Bobby V. Reddy

Notre Dame Journal of International & Comparative Law

No abstract provided.


2023-2024 Annual Report, Heyman Center On Corporate Governance May 2024

2023-2024 Annual Report, Heyman Center On Corporate Governance

Heyman Center Annual Reports

The 2023-2024 Annual Report of the Samuel & Ronnie Heyman Center on Corporate Governance highlights the Center's activities, faculty expertise, student programs, and impact in business and corporate law. Featuring clinics like the Filmmakers Legal Clinic, renowned faculty, and the Heyman Scholars Program, the report showcases the Center's commitment to preparing students for successful careers in corporate governance through academic excellence and practical experience.


Beyond Profit Motives, William J. Moon Apr 2024

Beyond Profit Motives, William J. Moon

Michigan Law Review

A review of The Profit Motive: Defending Shareholder Value Maximization By Stephen M. Bainbridge.


How A “Superstar” Ceo Exposes The Necessity For Third Party D&O Insurance, Angela N. Aneiros, Karen Woody Jan 2024

How A “Superstar” Ceo Exposes The Necessity For Third Party D&O Insurance, Angela N. Aneiros, Karen Woody

Scholarly Articles

he influence that “superstar” CEOs have over a company’s board of directors can be alarming. Among other things, Elon’s ability to skirt personal liability for seemingly obvious breaches of duty has raised concerns within the realm of corporate governance and corporate regulation. While much has been written on Elon’s influence on Tesla’s board of directors, one area of the law that often gets overlooked that has exacerbated Elon’s corporate governance issues, is that of directors and officers (D&O) liability insurance. While personally insuring board members seems like a very "Elon" move, it could have broader implications beyond Elon. Are “superstar” …


Public Primacy In Corporate Law, Dorothy S. Lund Jan 2024

Public Primacy In Corporate Law, Dorothy S. Lund

Faculty Scholarship

This Article explores the malleability of agency theory by showing that it could be used to justify a “public primacy” standard for corporate law that would direct fiduciaries to promote the value of the corporation for the benefit of the public. Employing agency theory to describe the relationship between corporate management and the broader public sheds light on aspects of firm behavior, as well as the nature of state contracting with corporations. It also provides a lodestar for a possible future evolution of corporate law and governance: minimize the agency costs created by the divergence of interests between management and …


Coster V. Uip Companies, Inc.: Corporate - Delaware Board Elections, William Gass Jan 2024

Coster V. Uip Companies, Inc.: Corporate - Delaware Board Elections, William Gass

Transactions: The Tennessee Journal of Business Law

No abstract provided.


Corporate Purpose And The Road, William P. Murray, J. Haskell Murray Jan 2024

Corporate Purpose And The Road, William P. Murray, J. Haskell Murray

Transactions: The Tennessee Journal of Business Law

No abstract provided.


The Structure Of Corporate Law Revolutions, William Savitt Jan 2024

The Structure Of Corporate Law Revolutions, William Savitt

Seattle University Law Review

Since, call it 1970, corporate law has operated under a dominant conception of governance that identifies profit-maximization for stockholder benefit as the purpose of the corporation. Milton Friedman’s essay The Social Responsibility of Business is to Increase Its Profits, published in September of that year, provides a handy, if admittedly imprecise, marker for the coronation of the shareholder-primacy paradigm. In the decades that followed, corporate law scholars pursued an ever-narrowing research agenda with the purpose and effect of confirming the shareholder-primacy paradigm. Corporate jurisprudence followed a similar path, slowly at first and later accelerating, to discover in the precedents and …


A History Of Corporate Law Federalism In The Twentieth Century, William W. Bratton Jan 2024

A History Of Corporate Law Federalism In The Twentieth Century, William W. Bratton

Seattle University Law Review

This Article describes the emergence of corporate law federalism across a long twentieth century. The period begins with New Jersey’s successful initiation of charter competition in 1888 and ends with the enactment of the Sarbanes-Oxley Act in 2002. The federalism in question describes the interrelation of state and federal regulation of corporate internal affairs. This Article takes a positive approach, pursuing no normative bottom line. It makes six observations: (1) the federalism describes a division of subject matter, with internal affairs regulated by the states and securities issuance and trading regulated by the federal government; (2) the federalism is an …