Scholars, public officials, corporate executives, money managers and others have long
debated the merits of socially motivated investing and corporate management. 1 The …

The effects of climate change on the natural, economic, political, and social environments of
business will be broad and substantial. The legal environment of business is not immune …

Corporate law has embraced private ordering-tailoring a firm's corporate governance to
meet its individual needs. Firms are increasingly adopting firm-specific governance through …

The first two decades of the 21st century were a busy and turbulent time for securities law.
The regulatory regime, which had grown in a slow and adaptive fashion since its inception …

This article examines the decades-long decline of investor protections enshrined in the
Securities Act of 1933, most notably Section 11, which imposes near strict liability on …

The stakes for proper nonprofit governance are extremely high. Over 1.5 million nonprofits
are registered with the Internal Revenue Service (IRS), collectively employing twelve million …

In academic and public commentary, entrepreneurial finance is usually portrayed as a
quintessential American success story, an institutional structure whereby expert venture …

The legal rules governing business transactions place great confidence in the ability of
contracting parties to bargain effectively. Contract law, for example, is built on the …

Until the last decade, most startups that grew to become valuable businesses chose to
become public companies. The gold standard of success for a startup was an initial public …

Venture-backed startups famously aim for a successful" exit" by going public or selling to
another company through an acquisition deal and achieving financial return for all equity …