In a time of climate change, racial and economic inequality, and crisis stemming from the
global pandemic, corporations are alternately maligned for their conduct and embraced as a …

We investigate how the availability of traded credit default swaps (CDSs) affects the
referenced firms' voluntary disclosure choices. CDSs enable lenders to hedge their credit …

In conventional accounts of corporate governance, corporate law occupies center stage as
the exclusive mechanism for constraining managerial discretion. Creditor influence is …

BANKRUPTCY priority rules are fixed-or so it seems. Absolute priority is central to the
structure of business reorganization and is, quite appropriately, bankruptcy's most important …

The conventional wisdom is that debt and start-ups don't mix.'Rapid-growth, high-tech start-
ups without track records, positive cash flows, or tangible collateral appear to be a risk …

The separation of ownership and control publicized by Berle and Means in 1932 persists
today. Domination of public companies by selfserving and ineffective executives costs …

The legal origins literature overlooks a key area of corporate governance-the governance of
state-owned enterprises (" SOEs"). There are key theoretical differences between SOEs and …

Debt and equity are like sibling rivals within the traditional agency cost framing of the firm.
Shareholders, within that construct, may be inclined to resist new investment that principally …

For over a half-century, the legal profession has debated whether lawyers should be
directors of public corporations.'The accepted wisdom has been that lawyers should steer …

Sustainable Finance & China's Green Credit Reforms: A Test Case for Bank Monitoring of
Environmental Risk Page 1 Sustainable Finance & China's Green Credit Reforms: A Test …