In 2010, to a Philadelphia audience, B Lab co-founder Jay Coen Gilbert claimed that “our capitalist system is not serving society; it's serving shareholders” and stated that “we can't run around expecting different outcomes until we change the rules of the game.” Since Gilbert's talk in...

Caught between the traditional classifications of ‘insider' and ‘outsider' orientation, or ‘liberal' and ‘coordinated' corporate governance models, the French approach borrows from both without being firmly attached to either. The French system of corporate governance offers a hybrid...

This paper investigates the implications of the fair value protections contemplated by the standard corporate contract (i.e., the standard contract form for which corporate law provides) for the entrepreneur-venture capitalist relationship, focusing, in particular, on unavoidable...