Corporate Governance

This seminar focuses on corporate governance and the financial crisis. Specifically, we will examine the institutions, financial products, markets, and economic theories at the core of the recent financial crisis. Then, we will explore how, if at all, corporate law and related disciplines played a role in the crisis and/or should play a role in regulating financial firms and markets. Topics will include traditional fiduciary obligations, the shareholder empowerment movement, executive compensation, the legislative/regulatory response to the crisis, and the question of "too big to fail."