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Should Directors Reduce Executive Pay?
(Hastings Law Journal, 2003)
This paper examines internal pay disparities in American public corporations and argues that wide gaps between the top and bottom of the pay scale can, in certain circumstances, directly and adversely affect firm value, ...
Common Challenges Facing Shareholder Suits in Europe and the United States
(European Company and Financial Law Review, 2009)
Episodic and even sometimes systematic misbehavior by businessmen and
corporate entities is ubiquitous. While Enron and WorldCom were the battle
cries for corporate reform in the U.S. so it was with Ahold and Parmalat ...
The Increasing Role of Empirical Research in Corporate Law Scholarship
(The Georgetown Law Journal, 2004)
This is a review of Professor Mark Roe's book, The Political Determinants of Corporate Governance. It seeks to accomplish two goals. First, in Part I, it summarizes the theoretical arguments made in Political Determinants ...