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This seminar shall explore four broad (often overlapping) areas of controversy in corporate law today: (1) the nature of the corporation (e.g., is the corporation a nexus of contracts, or an entity owned by its shareholders?); (2) corporate governance (e.g., should the board of directors follow the shareholder primacy norm, or a multi-fiduciary stakeholder model instead?); (3) corporate social responsibility (e.g., can and should a corporation adopt more environmentally sound practices if that would come at the expense of corporate profitability and shareholder returns?); and (4) the Constitution and the corporation. Each student in the seminar shall draft and present a paper within one of these general areas (of his or her choosing), and finalize the paper in response to the feedback received. Prerequisite: Business Organizations Prerequisite or Co-requisite: Securities Regulation |
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