Seminar - 2 hours. This seminar addresses advanced issues in the governance of publicly held corporations. In a public corporation, managers who run the business are distinct from shareholders who are said to own it. This separation of ownership and control is a central concern of corporate governance law. We explore how the law has addressed this issue at the theoretical level and in the context of topics such as the duties of corporate directors, shareholder voting rights, and competition among states to attract corporate charters. Grading is based on active class participation and a research paper to be presented in class.Prerequisite: 215 Business Associations.
Graduation Requirements: May meet Advanced Writing Requirement with the instructor's permission.
Class limit: 12 students.