Browsing Law School by Author "Blair, Margaret M., 1950-"

Now showing items 1-17 of 17

    • Boards of Directors as Mediating Hierarchs 
      Blair, Margaret M., 1950- (Seattle University Law Review, 2015)
      In June of 2014, the board of directors of Demoulas Supermarkets, Inc.-better known as Market Basket, a mid-sized chain of grocery stores in New England-decided to oust the man who had been CEO for the previous six years, ...
    • A Contractarian Defense of Corporate Philanthropy 
      Blair, Margaret M., 1950- (Stetson Law Review, 1998)
      Statutory and case law make it clear that corporate officers and directors have very wide discretion to direct reasonable amounts of corporate resources toward artistic, educational, and humanitarian causes, even if those ...
    • Corporate Personhood and the Corporate Persona 
      Blair, Margaret M., 1950- (University of Illinois Law Review, 2013)
      In 2010, the U.S. Supreme Court held in Citizens United v. FEC that restrictions on corporate political speech were unconstitutional because of the First Amendment rights granted corporations as a result of their status ...
    • Director Accountability and the Mediating Role of the Corporate Board 
      Blair, Margaret M., 1950-; Stout, Lynn A., 1957- (Washington University Law Quarterly, 2001)
      One of the most pressing questions facing both corporate scholars and businesspeople today is how corporate directors can be made accountable. Before addressing this issue, however, it seems important to consider two ...
    • Directors' Duties in a Post-Enron World: Why Language Matters 
      Blair, Margaret M., 1950- (Wake Forest Law Review, 2003)
      This essay observes that, in the face of corporate scandals of the last few years, a number of prominent advocates for shareholder primacy have retreated to the position that directors and officers should attempt to maximize ...
    • The Economics of Post-September 11 Financial Aid to Airlines 
      Blair, Margaret M., 1950- (Indiana Law Review, 2003)
      This Article considers the economic and policy merits of the Air Transportation Safety and System Stabilization Act, passed by Congress and signed into law in the immediate aftermath of the Sept. 11, 2001 terrorist attacks. ...
    • Locking in Capital: What Corporate Law Achieved for Business Organizers in the Nineteenth Century 
      Blair, Margaret M., 1950- (UCLA Law Review, 2003)
      This Article argues that corporate status became popular in the nineteenth century as a way to organize production because of the unique manner in which incorporation permitted organizers to lock in financial capital. ...
    • Making Money: Leverage and Private Sector Money Creation 
      Blair, Margaret M., 1950- (Seattle University Law Review, 2013)
      In the wake of the financial crisis of 2008-2009, practitioners and theorists in law, finance, and economics are rethinking our theories about how the financial sector influences the real economy. In particular, they are ...
    • The New Role for Assurance Services in Global Commerce 
      Blair, Margaret M., 1950-; Lin, Li-Wen (Journal of Corporation Law, 2008)
      In this Article we examine the rapid emergence and expansion of a private-sector compliance and enforcement infrastructure that we believe increasingly may be providing a substitute for public and legal regulatory ...
    • Outsourcing, Modularity, and the Theory of the Firm 
      O'Connor, Erin O'Hara, 1965-; Kirchhoefer, Gregg; Blair, Margaret M., 1950- (Brigham Young University Law Review, 2011)
      Firms have increasingly moved productive activities from within to outside the firm through outsourcing arrangements. According to some estimates, the value of outsourcing contracts has been nearly 100 billion dollars per ...
    • Ownership and control : rethinking corporate governance for the twenty-first century 
      Blair, Margaret M., 1950- (Brookings Institution, 1995)
    • Reforming Corporate Governance: What History Can Teach Us 
      Blair, Margaret M., 1950- (Berkeley Business Law Journal, 2004)
      In this Article, I turn to the history of corporate law for insight into the role that the corporate form plays in the organization of business enterprises. I then draw implications from this history for thinking about ...
    • Specific Investment and Corporate Law 
      Blair, Margaret M., 1950-; Stout, Lynne A., 1957- (European Business Organization Law Review, 2006)
      At the close of the twentieth century, U.S. corporate scholarship was dominated by a principal-agent paradigm that assumed that shareholders were the principals or sole residual claimants in public corporations, and also ...
    • Specific Investment: Explaining Anomalies in Corporate Law 
      Blair, Margaret M., 1950-; Stout, Lynn A. (Journal of Corporation Law, 2006)
      This essay has two goals: to praise Professor Robert Clark as a remarkable corporate scholar, and to explore how his work has helped to advance our understanding of corporations and corporate law. Clark wrote his classic ...
    • Team Production in Business Organizations: An Introduction 
      Blair, Margaret M., 1950-; Stout, Lynne A., 1957- (Journal of Corporation Law, 1999)
      For the past two decades, legal and economic scholarship has tended to assume that the central economic problem addressed by corporation law is getting managers and directors to act as faithful agents for shareholders. ...
    • A Team Production Theory of Corporate Law 
      Blair, Margaret M., 1950-; Stout, Lynn A., 1957- (Virginia Law Review, 1999)
      Contemporary corporate scholarship generally assumes that the central economic problem addressed by corporation law is getting managers and directors to act as loyal agents for shareholders. We take issue with this approach ...
    • Trust, Trustworthiness, and the Behavioral Foundations of Corporate Law 
      Blair, Margaret M., 1950-; Stout, Lynne A., 1957- (University of Pennsylvania Law Review, 2001)
      Conventional legal and economic analysis assumes that opportunistic behavior is discouraged and cooperation encouraged within firms primarily through the use of legal and market incentives. This presumption is embodied in ...