The separation of ownership and control publicized by Berle and Means in 1932 persists today. Domination of public companies by self-serving and ineffective executives costs America billions of dollars every year and contributed to the current economic meltdown. Repeated efforts to solve this problem--including the Sarbanes-Oxley Act, expanded disclosure duties, and more stringent requirements for director independence--have had little benefit and have sometimes made matters worse. The flaws in our corporate governance system are a growing problem for America’s economy as disillusioned investors increasingly place their capital in other countries. Nonetheless, proposals for greater shareholder power have encountered criticisms: various shar...
In recent times, there has been an unprecedented shift in power from managers to shareholders, a shi...
This Article examines corporate law from the perspective of personal investment and discusses the ec...
In a forthcoming Virginia Law Review article, Professor Lucian Bebchuk argues that the notion that s...
After more than eighty years of sustained attention, the master problem of U.S. corporate law—the se...
The shareholder empowerment provisions enacted as part of the recent bailout legislation are interna...
In a forthcoming Virginia Law Review article, Professor Lucian Bebchuk argues that the notion that s...
This Article evaluates two possible explanations for why shareholders of public corporations tolerat...
This Article evaluates two possible explanations for why shareholders of public corporations tolerat...
For most of the twentieth century, the conventional wisdom held—probably correctly—that shareholders...
We cannot completely overcome the difficulties caused by the separation of ownership and control. In...
The shareholder primacy model is dominant in Anglo-Saxon corporate governance and financial reportin...
For most of the twentieth century, the conventional wisdom held—probably correctly—that shareholders...
In a forthcoming Virginia Law Review article, Professor Lucian Bebchuk argues that the notion that s...
For most of the twentieth century, the conventional wisdom held—probably correctly—that shareholders...
In a forthcoming Virginia Law Review article, Professor Lucian Bebchuk argues that the notion that s...
In recent times, there has been an unprecedented shift in power from managers to shareholders, a shi...
This Article examines corporate law from the perspective of personal investment and discusses the ec...
In a forthcoming Virginia Law Review article, Professor Lucian Bebchuk argues that the notion that s...
After more than eighty years of sustained attention, the master problem of U.S. corporate law—the se...
The shareholder empowerment provisions enacted as part of the recent bailout legislation are interna...
In a forthcoming Virginia Law Review article, Professor Lucian Bebchuk argues that the notion that s...
This Article evaluates two possible explanations for why shareholders of public corporations tolerat...
This Article evaluates two possible explanations for why shareholders of public corporations tolerat...
For most of the twentieth century, the conventional wisdom held—probably correctly—that shareholders...
We cannot completely overcome the difficulties caused by the separation of ownership and control. In...
The shareholder primacy model is dominant in Anglo-Saxon corporate governance and financial reportin...
For most of the twentieth century, the conventional wisdom held—probably correctly—that shareholders...
In a forthcoming Virginia Law Review article, Professor Lucian Bebchuk argues that the notion that s...
For most of the twentieth century, the conventional wisdom held—probably correctly—that shareholders...
In a forthcoming Virginia Law Review article, Professor Lucian Bebchuk argues that the notion that s...
In recent times, there has been an unprecedented shift in power from managers to shareholders, a shi...
This Article examines corporate law from the perspective of personal investment and discusses the ec...
In a forthcoming Virginia Law Review article, Professor Lucian Bebchuk argues that the notion that s...