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Megafirms
(North Carolina Law Review, 2001)
This paper documents and explains the amazing growth of the largest firms in law, accounting, and investment banking. Scholars to date have used various supply-side theories to explain the growth, and have generally examined ...
Whither the Race? A Comment on the Effects of the Delawarization of Corporate Reorganizations
(Vanderbilt Law Review, 2001)
Recent empirical work has demonstrated that large, publicly held firms tend to file for bankruptcy in Delaware. In our previous work, we have documented this trend, and argued that it may be efficient for prepackaged ...
Litigating Challenges to Executive Pay: An Exercise in Futility?
(Washington University Law Quarterly, 2001)
This paper is an empirical analysis of plaintiffs' success rates in executive compensation litigation. Using data from publicly available files, this study examines a sample of 124 cases where shareholders have challenged ...