Vol. 134 No. 6 At the end of 2020, Americans held a collective $35 trillion in their retirement accounts. To put this in perspective, $35 trillion is larger...
Vol. 133 No. 5 Corporate law has long been concerned with issues of control. In few matters is this concern as salient as Delaware’s heightened standards of judicial...
Vol. 130 No. 2 Management buyouts (MBOs) are an economically and legally significant class of transaction: not only do they account for more than $10 billion in deal...
Vol. 124 No. 1 In Corporate Political Speech: Who Decides?, Professors Lucian Bebchuk and Robert Jackson consider the implications of Citizens United for corporations and corporate governance. They argue that political speech decisions – whether and how to engage in corporate political speech – differ significantly from and should not be subject to the rules governing ordinary business decisions for which corporate decisionmaking structures were designed. Professors Bebchuk and Jackson develop proposals for corporate law rules designed to align political speech decisions with shareholder interests and protect dissenting minority shareholders.