Can We Do Better by Ordinary Investors? A Pragmatic Reaction to the Dueling Ideological Mythologists of Corporate Law

The Harvard Law School Forum on Corporate Governance and Financial Regulation 2014-05-07

Summary:

Editor's Note: The following post is based on a recent Columbia Law Review article, earlier issued as a working paper of the Harvard Law School Program on Corporate Governance, by Leo Strine, Chief Justice of the Delaware Supreme Court and a Senior Fellow of the Program. The article, Can We Do Better by Ordinary Investors? A Pragmatic Reaction to the Dueling Ideological Mythologists of Corporate Law, is available here. The article is a response essay to an earlier Columbia Law Review article by Professor Lucian Bebchuk, available here and discussed on the Forum here.

Leo Strine, Chief Justice of the Delaware Supreme Court Review and a Senior Fellow of the Harvard Law School Program on Corporate Governance, recently published in the Columbia Law Review a response essay to an essay by Professor Lucian Bebchuk published in the Columbia Law Review several months earlier. Professor Bebchuk’s essay, The Myth that Insulating Boards Serves Long-Term Value, is available here and was featured on the Forum here. Chief Justice Strine’s essay, titled Can We Do Better by Ordinary Investors? A Pragmatic Reaction to the Dueling Ideological Mythologists of Corporate Law, is available here.

The abstract of Chief Justice Strine’s essay summarizes it briefly as follows:

Click here to read the complete post...

Link:

http://blogs.law.harvard.edu/corpgov/2014/05/07/can-we-do-better-by-ordinary-investors-a-pragmatic-reaction-to-the-dueling-ideological-mythologists-of-corporate-law-2/

From feeds:

Blogs.law Aggregation Hub » The Harvard Law School Forum on Corporate Governance and Financial Regulation

Tags:

academic research boards of directors board insulation entrenchment investor horizons leo strine long-term value lucian bebchuk shareholder activism short-termism takeover defenses

Authors:

Kobi Kastiel, Co-editor, HLS Forum on Corporate Governance and Financial Regulation,

Date tagged:

05/07/2014, 14:00

Date published:

05/07/2014, 09:04