Students of the policymaking process are familiar with the fashion in which the policies
underlying crisis-driven legislation are gradually eroded during the implementation process …

We examine the role of general counsel (GC) in firms' financial reporting quality. GCs have a
broad oversight role within the firm, including keeping the firm in compliance with laws and …

The corporate legal department has become an indispensable business function. Led by the
Chief Legal Officer (CLO),'in-house lawyers acting as corporate counsel2 carry out a wide …

This paper examines whether bond market participants alter their credit risk assessments of
firms that appoint the corporate general counsel (GC) to senior management. GCs may …

During the last three decades, the star of corporate general counsel has risen. Taking a
position as general counsel of a corporation was once considered a respectable exit …

We examine whether and how corporate top management counsel (TMC) influences stock
liquidity and document a significant positive association. Our results remained robust to a …

This problem-based book reflects the authors' broad range of teaching, clinical, and policy-
making experience. The book's carefully crafted ethical problems challenge students to …

Globalization carries both the power to build and disrupt. Open markets, human rights, rule
of law: all require the creation of new institutions and methods of governance. Yet in the …

A publicly-held corporation maintains a system of governance through separation of
ownership and control of the firm. Under this framework, corporations attract capital and …

This paper examines the relation between the dispersion in pay‐performance sensitivities
(PPS) among top management team (TMT) members and earnings quality. Prior research …