Sustainability is receiving increasing attention from issuers, investors, and regulators. The
desire to understand issuer sustainability practices and their relationship to economic …

The shareholder primacy norm defines the objective of the corporation as maximization of
shareholder wealth. Law and economics scholars have incorporated the shareholder primacy …

Using a dataset of proxy recommendations and voting results for uncontested director elections
from 2005 and 2006 at Standard & Poor's 1500 companies, we examine how advisors …

… 17,1996, § 3,1 (describing "trophy directors," well-connected, high-profile individuals who
sit on multiple boards but provide questionable value); Jill E. Fisch, Taking Boards Seriously, …

In this Article, Professor Fisch assesses current retroactivity doctrine and proposes a new
framework for retroactivity analysis. Current law has failed to reflect the complexity of defining …

Purpose is the hot topic in corporate governance. Not only are commentators demanding
that corporations formally articulate a purpose, they are insisting that corporate purpose …

Today's corporate world is taking corporate governance and, in particular, the role of the
board of directors, very seriously.'The focus on board composition and function has repeatedly …

Deal litigation is pervasive in the United States. Multiple teams of plaintiffs file lawsuits
challenging virtually every public company merger, 2 often in multiple jurisdictions. 3 Moreover, …

The market for sovereign debt differs from the market for corporate debt in several important
ways including the risk of opportunistic default by sovereign debtors, the importance of …

The collapse of the capital markets, following a series of corporate governance scandals,
has led to a variety of proposals for regulatory reform.'Largely absent from the public debate, …