The Harvard Law School Corporate Governance Blog

This blog provides updates on working papers, seminars, speakers, and other activities sponsored by the Harvard Law School Program on Corporate Governance. "The blog will also provide a forum for communications about corporate governance by individuals associated with the program—faculty, fellows, and members of the program’s advisory board—as well as by guest contributors and others."

Author: Robert Jackson is the blawg's managing editor; among other HLS faculty contributors are Lucian Bebchuk, John C. Coates, Allen Ferrell, Reinier H. Kraakman and Robert H. Sitkoff. Other contributors: Theodore Mirvis, a partner at Wachtell, Lipton Rosen & Katz in New York City; Robert A.G. Monks, principal, Lens Governance Advisors; Lawrence A. Hamermesh, Widener University School of Law; Broc Romanek, who also authors TheCorporateCounsel.net and DealLawyers.com; Lynn A. Stout, University of California-Los Angeles School of Law; Andrea Unterberger, Corporation Service Company; Michael S. Weisbach, University of Illinois;J. Robert Brown, Jr., University of Denver Sturm College of Law; and Sandeep Gopalan, Arizona State University Sandra Day O'Connor College of Law; Brown and Gopalan also contribute to Race to the Bottom.

Recent Posts from The Harvard Law School Corporate Governance Blog

Merrill Bonuses Raised Issues in Merger with Bank of America
(Editor’s Note: This post comes is based on an article that first appeared in the New York Law Journal.) On Jan. 1, 2009, Merrill Lynch & Co. Inc. (”Merrill”) merged with Bank of America Corporation…
Should Bondholders be Bailed Out?
(Editor’s Note: This post is Lucian Bebchuk’s most recent column in his series of monthly commentaries titled “The Rules of the Game” for the international association of newspapers Project Syndicate, which are available here.) A…
Practical Solutions To Improve The Proxy Voting System
On October 21, 2009 The Altman Group submitted a proposal to the SEC titled Practical Solutions To Improve The Proxy Voting System (available here). Effective January 1, 2010 brokerage firms will no longer be able…
Opinions as Incentives
(Editor’s Note: This post comes to us from Yeon-Koo Che of Columbia University and Yonsei University and Navin Kartik of Columbia University.) Difference of opinion would be obviously valuable if it inherently entails a productive…
Professor Bebchuk Intervenes in Israel’s Largest Reorganization
At the request of one of Israel’s largest institutional investors, Professor Lucian Bebchuk submitted a report on whether the reorganization proposal of Africa-Israel Investments Ltd. would adequately protect the interests and contractual rights of public…
Risk Management Lessons from the Global Banking Crisis
(Editor’s Note: The following post comes to us from William L. Rutledge, executive vice president in charge of the Bank Supervision Group at the Federal Reserve Bank of New York, and Chairman of the Senior…
Fed Proposes Incentive Compensation Policies for Banking Organizations
(Editor’s Note: This post is based on a Sullivan & Cromwell LLP client memorandum. The approach followed by the Federal Reserve was advocated in Regulating Bankers’ Pay, a discussion paper by Lucian Bebchuk and Holger…
Creating Reform That Is Sustainable for Investors
(Editor’s Note: The post below by Commissioner Aguilar is a transcript of his remarks at the Hofstra Investment Management Conference, omitting introductory and conclusory remarks; the complete transcript is available here. The views expressed in…
A Costly Lesson in the Rule of “Loser Pays”
(Editor’s Note: This post is based on an op-ed piece published in today’s print edition of the Financial Times and is available here.) The UK is reviewing rules governing its civil justice system, including class…
Securitization and Moral Hazard
(Editor’s Note: This post comes from Ryan Bubb and Alex Kaufman of Harvard University.) Perhaps no academic paper has done more to convince scholars and policymakers that mortgage securitization led to lax screening by lenders…