There are a number of papers by me and others that have discussed the federal Corporate Transparency Act (CTA) in SSRN while waiting for the final rules to be published. We are still waiting for many of those rules to be finalized or, in some cases, even proposed. Herrick Lidstone’s article,...

During the recent times, the social nature of a corporation has become a heavily debated topic. Corporations gained a predominant position in the society due to the advent of the era of consumerism and digitalization. Given the overarching status that corporations hold in the society, it became...

Shareholder stewardship is a prominent topic in the field of corporate governance that has been high on the agenda of academics and policymakers for about a decade now. It is viewed by many as a necessary component to robust corporate governance and as a tool for long-term profitability....

This is the first part of a comprehensive essay on the Rawlsian view of corporate social responsibility (in short CSR). CSR is defined as a multi-stakeholder model of corporate governance and objective function based on the extension of fiduciary duties toward all the firm’s stakeholders. A...

10.2 trillion dollars have been lost in the US alone in the past two years. 45% of world’s wealth has been destroyed and three of the largest bankruptcies in the US have occurred in the past year. Just as the majority of observers thought lessons from Enron had been learned, crisis has struck...

Much contemporary analysis has concluded that the recent financial crisis and bank failures were, inter alia, the result of a breakdown in corporate governance regimes and market discipline. Reform of corporate governance structures and remuneration incentives is at the heart of regulatory...

This article shows how leximetric coding techniques, combined with econometric analysis, can be used to examine similarities and differences across a large number of different legal systems, and to address the question of the extent to which the ‘law matters'. The focus is on the...

This paper outlines the foundations of corporate governance. The discussion includes a review on the modern corporation, transaction costs theory, agency costs theory, legal investor protection, investor protection by corporate governance and its various mechanisms, as well as an overview of the...

This paper outlines the foundations of corporate governance. The discussion includes a review on the modern corporation, transaction costs theory, agency costs theory, legal investor protection, investor protection by corporate governance and its various mechanisms, as well as an overview of the...