Contracts
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Deal Insurance: Representation & Warranty Insurance in M&A Contracting
Parties to M&A transactions now commonly purchase insurance against breaches of the reps and warranties. In a forthcoming artic
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Corporate Capture of Blockchain Governance
All blockchains have rules that govern their operations. As blockchains evolve they may need to change their rules.
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Will Tenure Voting Give Corporate Managers Lifetime Tenure?
Dual-class voting systems have been widely employed in recent initial public offerings by large American tech companies, but have been ro
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Optimal Short-Termism
Corporate short-termism has often been criticized because it could harm long-term performance.
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Executive Compensation: A Survey of Theory and Evidence
This paper reviews the theoretical and empirical literature on executive compensation.
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Governance and Stakeholders
Economic models routinely assume firms maximize shareholder value; but common law legal systems only require that officers and directors
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Governance by Contract: The Implications for Corporate Bylaws
Boards and shareholders are increasingly using charter and bylaw provisions to customize their corporate governance.
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