Startup governance

E Pollman - U. Pa. L. Rev., 2019 - HeinOnline
The world's largest companies in 2019 by market capitalization-Apple, Alphabet, Microsoft,
and Amazon-all began as venture-backed startups.'They defied existing theory by growing …

Contracting out of the fiduciary duty of loyalty: An empirical analysis of corporate opportunity waivers

G Rauterberg, E Talley - Colum. L. Rev., 2017 - HeinOnline
For nearly two centuries, a cornerstone of Anglo-American corporate law has been the
fiduciary duty of loyalty, the most demanding and litigated fiduciary obligation imposed on …

Independent directors and controlling shareholders

LA Bebchuk, A Hamdani - University of Pennsylvania Law Review, 2017 - JSTOR
Independent directors are an important feature of modern corporate law. Courts and
lawmakers around the world increasingly rely on these directors to protect investors from …

Algorithmic entities

LM LoPucki - Wash. UL Rev., 2017 - HeinOnline
ABSTRACT In a 2014 article, Professor Shawn Bayern demonstrated that anyone can confer
legal personhood on an autonomous computer algorithm by putting it in control of a limited …

The shareholder value of empowered boards

KJ Cremers - Stan. L. Rev., 2016 - HeinOnline
In the last decade, the balance of power between shareholders and boards has shifted
dramatically. Changes in both the marketplace and the legal landscape governing it have …

The separation of voting and control: the role of contract in corporate governance

G Rauterberg - Yale J. on Reg., 2021 - HeinOnline
Every year, some or all of a corporation's board of directors are up for election. Who serves
on the board is decided by how the shareholders vote, and while usually sleepy affairs …

Codetermination: a poor fit for US corporations

J Dammann, H Eidenmuller - Colum. Bus. L. Rev., 2020 - HeinOnline
US corporate law gives shareholders-and only shareholders-the right to elect corporate
directors. 1 This governance arrangement is a natural choice if one subscribes to the idea …

Shareholder collaboration

JE Fisch, SM Sepe - Tex. L. Rev., 2019 - HeinOnline
Modern corporate law and corporate governance are poorly prepared to handle insider-
shareholder collaboration, however. The collaborative process places novel demands on …

Claim Durability and Bankruptcy's Tort Problem

VSJ Buccola, JC Macey - Yale J. on Reg., 2021 - HeinOnline
Five months after the New Yorker surfaced allegations of sexual impropriety against Harvey
Weinstein,'the famed producer's firm, the Weinstein Company, filed for bankruptcy. 2 New …

Commitment and entrenchment in corporate governance

KJ Cremers - Nw. UL Rev., 2015 - HeinOnline
Over the past twenty years, a growing number of empirical studies have provided evidence
that governance arrangements protecting incumbents from removal promote managerial …