Business Scholarship Podcast

Ep.274 – Jared Mayer on AI and Corporate Restructuring

Mon, 06 Apr 2026 10:03:00 -0000

Jared Mayer, assistant professor of law at Yeshiva University Cardozo School of Law, joins the Business Scholarship Podcast to discuss his article The Corporate Restructuring Machine: Introducing an Open Platform Approach to Workouts. The article is co-authored with Horst Eidenmüller of the University of Oxford.

This episode is hosted by Andrew Jennings, associate professor of law at Emory University, and was edited by Alec Johnson, a law student at Emory University.

Ep.273 – Robert Miller on Liability-Management Exercises

Wed, 11 Mar 2026 04:00:00 -0000

Robert Miller, associate professor of law at the University of South Dakota, joins the Business Scholarship Podcast to discuss his paper Liability Management Exercises Mature.

This episode is hosted by Andrew Jennings, associate professor of law at Emory University, and was edited by Alec Johnson, a law student at Emory University.

Ep.272 – Farshad Ghodoosi and Tal Kastner on Against-the-Drafter Doctrine

Mon, 16 Feb 2026 06:00:00 -0000

Farshad Ghodoosi, assistant professor of business law at California State University, Northridge, and Tal Kastner, associate professor of law at Rutgers University, join the Business Scholarship Podcast to discuss their article Against the Drafter: An Empirical and Theoretical Analysis of the Doctrine of Contra Proferentem.

This episode is hosted by Andrew Jennings, associate professor of law at Emory University, and was edited by Alec Johnson, a law student at Emory University.

Ep.271 – Sean Vanatta on the History of Bank Supervision

Mon, 02 Feb 2026 05:00:00 -0000

Sean Vanatta, senior lecturer in financial history and policy at the University of Glasgow, joins the Business Scholarship Podcast to discuss his book Private Finance, Public Power: A History of Bank Supervision in America, which he co-authored with Peter Conti-Brown.

This episode is hosted by Andrew Jennings, associate professor of law at Emory University, and was edited by Alec Johnson, a law student at Emory University.

Ep.270 – Stratos Pahis on Investor-State Dispute Resolution

Thu, 22 Jan 2026 11:03:00 -0000

Stratos Pahis, associate professor of law at Brooklyn Law School, joins the Business Scholarship Podcast to discuss his article Are Investment Treaties Redundant? Evidence from Investor-State Disputes.

This episode is hosted by Andrew Jennings, associate professor of law at Emory University, and was edited by Alec Johnson, a law student at Emory University.

Ep.269 – Atinuke Adediran on Disclosureland

Thu, 08 Jan 2026 05:00:00 -0000

Atinuke Adediran, associate professor of law at Fordham University, joins the Business Scholarship Podcast to discuss her book Disclosureland: How Corporate Words Constrain Racial Progress.

This episode is hosted by Andrew Jennings, associate professor of law at Emory University, and was edited by Alec Johnson, a law student at Emory University.

Ep.268 – Adam Bozman, Douglas Fairhurst, and Daniel Greene on AI and M&A Success

Tue, 30 Dec 2025 05:00:00 -0000

Adam Bozman, a PhD student in finance at Washington State University; Douglas Fairhurst, associate professor of finance at Washington State University; and Daniel Greene, associate professor of finance at Clemson University, join the Business Scholarship Podcast to discuss their paper Better Than a Coin Flip? Merger Success and Artificial Intelligence Models.

This episode is hosted by Andrew Jennings, associate professor of law at Emory University, and was edited by Alec Johnson, a law student at Emory University.

Ep.267 – Brian Feinstein on Small-Business Favoritism

Mon, 08 Dec 2025 05:00:00 -0000

Brian Feinstein, associate professor of legal studies and business ethics at the University of Pennsylvania, joins the Business Scholarship Podcast to discuss his paper Small Business Favoritism.

This episode is hosted by Andrew Jennings, associate professor of law at Emory University, and was edited by Alec Johnson, a law student at Emory University.

Ep.266 – Gregory Burke and Riley League on Crowdfunding Compliance

Mon, 01 Dec 2025 05:00:00 -0000

Gregory Burke, assistant professor of accounting and business law at Loyola University Chicago, and Riley League, assistant professor of finance at the University of Illinois at Urbana-Champaign, join the Business Scholarship Podcast to discuss their paper Equity Crowdfunding "Rules": Compliance with Mandated Ongoing Financial Reporting in an Unenforced Environment.

This episode is hosted by Andrew Jennings, associate professor of law at Emory University, and was edited by Alec Johnson, a law student at Emory University.

Ep.265 – Aaron Zimbelman on Indirect Earnings Management

Mon, 24 Nov 2025 05:00:00 -0000

Aaron Zimbelman, associate professor of accounting at the University of South Carolina, joins the Business Scholarship Podcast to discuss his article Indirect Earnings Management. The article is co-authored with Scott Jackson and Jason Rasso, both also of the University of South Carolina.

This episode is hosted by Andrew Jennings, associate professor of law at Emory University, and was edited by Alec Johnson, a law student at Emory University.

Ep.264 – Patrick Corrigan on Bank Leaks

Tue, 11 Nov 2025 06:00:00 -0000

Patrick Corrigan, professor of law at the University of Notre Dame, joins the Business Scholarship Podcast to discuss his paper Is Confidential Supervisory Information Material to Investors? Evaluating the Conflict between Banking and Securities Law. The paper is co-authored with Peter Conti-Brown of the University of Pennsylvania and Jeffrey Zhang of the University of Michigan.

This episode is hosted by Andrew Jennings, associate professor of law at Emory University, and was edited by Alec Johnson, a law student at Emory University.

Ep.263 – Narine Lalafaryan on Chameleon Capital

Fri, 31 Oct 2025 10:03:00 -0000

Narine Lalafaryan, assistant professor of corporate law at the University of Cambridge, joins the Business Scholarship Podcast to discuss her paper Chameleon Capital.

This episode is hosted by Andrew Jennings, associate professor of law at Emory University, and was edited by Alec Johnson, a law student at Emory University.

Ep.262 – Maria Lucia Passador on Loyalty Voting

Mon, 27 Oct 2025 10:03:00 -0000

Maria Lucia Passador, assistant professor of law at Bocconi University, joins the Business Scholarship Podcast to discuss her articles Game of Votes: Loyalty Shares and the New Battleground for Corporate Control, Game of Votes: The Lifecycle Effects of Tenure Voting, and Sunset Clauses in Tenure Voting Structures: When Corporate Power Faces the Inevitable Twilight.

This episode is hosted by Andrew Jennings, associate professor of law at Emory University, and was edited by Alec Johnson, a law student at Emory University.

Ep.261 – Darren Rosenblum on Corporate Governance and the Closet

Fri, 17 Oct 2025 10:03:00 -0000

Darren Rosenblum, professor of law at St. John’s University, joins the Business Scholarship Podcast to discuss their article Queers, Closets, and Corporate Governance.

This episode is hosted by Andrew Jennings, associate professor of law at Emory University, and was edited by Alec Johnson, a law student at Emory University.

Ep.260 – Nathan Herrmann, Sara Toynbee and Matthew Kubic on Criminal Securities Cases

Mon, 22 Sep 2025 10:03:00 -0000

Nathan Herrmann, a PhD student in accounting at the University of Texas at Austin; Sara Toynbee, an associate professor of accounting at the University of Texas at Austin; and Matthew Kubic, an assistant professor of accounting at the University of Texas at Austin, join the Business Scholarship Podcast to discuss their paper Beyond Misconduct: What Explains DOJ Involvement in SEC Enforcement?.

This episode is hosted by Andrew Jennings, associate professor of law at Emory University, and was edited by Alec Johnson, a law student at Emory University.

Ep.259 – Anika Singh Lemar on Slum Managers

Tue, 09 Sep 2025 11:28:35 -0000

Anika Singh Lemar, clinical professor of law at Yale University, joins the Business Scholarship Podcast to discuss her article Slum Managers.

This episode is hosted by Andrew Jennings, associate professor of law at Emory University, and was edited by Alec Johnson, a law student at Emory University.

Ep.258 – Melinda Roth on Sports Prediction Markets

Mon, 18 Aug 2025 12:23:00 -0000

Melinda Roth, visiting associate professor of law at Washington & Lee University, joins the Business Scholarship Podcast to discuss her paper Betting on Event Contracts: The Legal Landscape of Prediction Markets for Politics and Sports.

This episode is hosted by Andrew Jennings, associate professor of law at Emory University.

Ep.257 – Kevin Keller on State Capitalism

Thu, 14 Aug 2025 10:03:00 -0000

Kevin Keller, visiting fellow in East Asian legal studies at Harvard Law School and a fellow in history and policy at the Harvard Kennedy School, joins the Business Scholarship Podcast to discuss his paper “The World Bank, the World Trade Organization, and the Fall of the Global Neoliberal Economic Order.”

This episode is hosted by Andrew Jennings, associate professor of law at Emory University, and was edited by Dean Saridakis, a law student at Emory University.

Ep.256 – Ahson Azmat on Half-Truths

Mon, 11 Aug 2025 13:30:37 -0000

Ahson Azmat, a securities litigator with a PhD in philosophy, joins the Business Scholarship Podcast to discuss his new paper Doing Things With Half-Truths.

This episode is hosted by Andrew Jennings, associate professor of law at Emory University, and was edited by Dean Saridakis, a law student at Emory University.

Ep.255 – Suneal Bedi and Todd Haugh on Profitable Compliance

Thu, 07 Aug 2025 10:03:00 -0000

Suneal Bedi, associate professor of business law and ethics at Indiana University, and Todd Haugh, also associate professor of business law and ethics at Indiana University, join the Business Scholarship Podcast to discuss their article Retheorizing Corporate Compliance.

This episode is hosted by Andrew Jennings, associate professor of law at Emory University, and was edited by Dean Saridakis, a law student at Emory University.

Ep.254 – Jessica Shoemaker and James Tierney on Financializing Farmland

Mon, 04 Aug 2025 10:03:00 -0000

Jessica Shoemaker, professor of law at the University of Nebraska, and James Tierney, assistant professor of law at Chicago-Kent College of Law, Illinois Institute of Technology, join the Business Scholarship Podcast to discuss their article Trading Acres.

This episode is hosted by Andrew Jennings, associate professor of law at Emory University, and was edited by Dean Saridakis, a law student at Emory University.

Ep.253 – Hilary Allen on Silicon Valley Ruining Things

Thu, 31 Jul 2025 10:03:00 -0000

Hilary Allen, professor of law at American University, joins the Business Scholarship Podcast to discuss her free, serialized book FinTech Dystopia: A Summer Beach Read About Silicon Valley Ruining Things.

This episode is hosted by Andrew Jennings, associate professor of law at Emory University, and was edited by Dean Saridakis, a law student at Emory University.

Ep.252 – Adam Callister, Andrew Granato and Belisa Pang on Expert Witnesses

Mon, 21 Jul 2025 10:03:00 -0000

Adam Callister, a JD/PhD student at Yale University; Andrew Granato, also a JD/PhD student at Yale University; and Belisa Pang, an assistant professor of law at the University of Michigan, join the Business Scholarship Podcast to discuss their article Expert Asymmetry: Evidence from Securities Litigation.

This episode is hosted by Andrew Jennings, associate professor of law at Emory University, and was edited by Dean Saridakis, a law student at Emory University.

Ep.251 – Gad Weiss on VC Pay-to-Play

Tue, 15 Jul 2025 12:35:16 -0000

Gad Weiss, fellow in law and business at the New York University School of Law, joins the Business Scholarship Podcast to discuss his article Pay-to-Play.

This episode is hosted by Andrew Jennings, associate professor of law at Emory University, and was edited by Dean Saridakis, a law student at Emory University.

Ep.250 – Nicole Cade, Joshua Gunn & Alex Vandenberg on List Experiments and Earnings Manipulation

Mon, 23 Jun 2025 10:03:00 -0000

Nicole Cade, associate professor of business administration at the University of Pittsburgh; Joshua Gunn, associate professor of business administration at the University of Pittsburgh; and Alex Vandenberg, assistant professor of accountancy at the University of Illinois Urbana-Champaign, join the Business Scholarship Podcast to discuss their article Measuring the Prevalence of Earnings Manipulations: A Novel Approach.

This episode is hosted by Andrew Jennings, associate professor of law at Emory University, and was edited by Brynn Radak, a recent law graduate at Emory University.

Ep.249 – Sergio Alberto Gramitto Ricci and Christina Sautter on Shareholder Democracy

Thu, 19 Jun 2025 13:29:37 -0000

Sergio Alberto Gramitto Ricci, associate professor of law at Hofstra University, and Christina Sautter, professor of law at Southern Methodist University, join the Business Scholarship Podcast to discuss their article The Shareholder Democracy Lie. Their co-author is Daniel Greenwood of Hofstra University.

This episode is hosted by Andrew Jennings, associate professor of law at Emory University, and was edited by Dean Saridakis, a law student at Emory University.

Ep.248 – Ilya Beylin on Event-Contract Regulation

Thu, 12 Jun 2025 10:03:00 -0000

Ilya Beylin, associate professor of law at Seton Hall University, joins the Business Scholarship Podcast to discuss his article Event Contracts Are a Step Too Far for Derivatives Regulation.

This episode is hosted by Andrew Jennings, associate professor of law at Emory University, and was edited by Dean Saridakis, a law student at Emory University.

Ep.247 – Scott Dodson and Joseph Grundfest on Leftover Money

Tue, 27 May 2025 11:50:00 -0000

Scott Dodson, professor of law at UC Law San Francisco, and Joseph Grundfest, professor of law and business emeritus at Stanford University, join the Business Scholarship Podcast to discuss their article The Missing Millions: Cy Pres in Federal Securities Class Actions.

This episode is hosted by Andrew Jennings, associate professor of law at Emory University, and was edited by Dean Saridakis, a law student at Emory University.

Ep.246 – Trang (Mae) Nguyen on Global Company Towns

Mon, 19 May 2025 10:03:00 -0000

Trang (Mae) Nguyen, associate professor of law at Temple University, joins the Business Scholarship Podcast to discuss her article Global Company Towns.

This episode is hosted by Andrew Jennings, associate professor of law at Emory University, and was edited by Dean Saridakis, a law student at Emory University.

Ep.245 – Kaleb Byars on Corporate Recidivists

Wed, 30 Apr 2025 10:03:00 -0000

Kaleb Byars, assistant professor of law at Mercer University, joins the Business Scholarship Podcast to discuss his article Recidivist Organizational Offenders and the Organizational Sentencing Guidelines.

This episode is hosted by Andrew Jennings, associate professor of law at Emory University.

Ep.244 – Jessica Erickson on Small-Business Litigation

Tue, 15 Apr 2025 10:03:00 -0000

Jessica Erickson, professor of law at the University of Richmond, joins the Business Scholarship Podcast to discuss her article Beyond Wall Street: Inside the Legal Battles of Private Companies.

This episode is hosted by Andrew Jennings, associate professor of law at Emory University, and was edited by Brynn Radak, a law student at Emory University.

Ep.243 – Robert Breunig on Round Numbers

Tue, 01 Apr 2025 10:06:00 -0000

Robert Breunig, professor of economics at Australia National University, joins the Business Scholarship Podcast to discuss his article Rounded Up: Using Round Numbers to Identify Tax Evasion. His co-authors are Nathan Deutscher and Steven Hamilton.

This episode is hosted by Andrew Jennings, associate professor of law at Emory University, and was edited by Brynn Radak, a law student at Emory University.

Ep.242 – Andrew Verstein on the Corporate Census

Mon, 03 Mar 2025 11:03:00 -0000

Andrew Verstein, professor of law at the University of California, Los Angeles, joins the Business Scholarship Podcast to discuss his paper The Corporate Census.

This episode is hosted by Andrew Jennings, associate professor of law at Emory University.

Ep.241 – Jason Sockin and Avner Ben-Ner on Employee Stock Ownership

Wed, 26 Feb 2025 11:03:00 -0000

Jason Sockin, assistant professor at the Cornell University ILR School, and Avner Ben-Ner, professor of work and organization at the University of Minnesota, join the Business Scholarship Podcast to discuss their paper Sharing Is Caring: Employee Stock Ownership Plans and Employee Well-Being in U.S. Manufacturing. Their co-authors are Ainhoa Urtasun, of Universidad Pública de Navarra, and Adrianto, of the University of Minnesota.

This episode is hosted by Andrew Jennings, associate professor of law at Emory University, and was edited by Brynn Radak, a law student at Emory University.

Ep.240 – William Megginson on the Space Economy

Wed, 05 Feb 2025 05:00:00 -0000

William Megginson, professor of finance at the University of Oklahoma, joins the Business Scholarship Podcast to discuss his paper The Financial Economics of Spaceflight.

This episode is hosted by Andrew Jennings, associate professor of law at Emory University, and was edited by Brynn Radak, a law student at Emory University.

Ep.239 – Ziv Granov on Director Resignations

Mon, 13 Jan 2025 11:03:00 -0000

Ziv Granov, a law student at the Hebrew University of Jerusalem, joins the Business Scholarship Podcast to discuss his article The Sound of Silence in Director Resignations. The article is co-authored with Asaf Eckstein, associate professor of law at the Hebrew University of Jerusalem.

This episode is hosted by Andrew Jennings, associate professor of law at Emory University, and was edited by Brynn Radak, a law student at Emory University.

Ep.238 – Yuliya Guseva on Decentralized Markets and Self-Regulation

Mon, 30 Dec 2024 11:03:00 -0000

Yuliya Guseva, professor of law at Rutgers University, joins the Business Scholarship Podcast to discuss her article Decentralized Markets and Self-Regulation.

This episode is hosted by Andrew Jennings, associate professor of law at Emory University, and was edited by Brynn Radak, a law student at Emory University.

Ep.237 – Maria Lucia Passador on Governance Outsourcing

Mon, 16 Dec 2024 11:03:00 -0000

Maria Lucia Passador, assistant professor of law at Bocconi University, joins the Business Scholarship Podcast to discuss her article Exploring Governance Gambits and Business Judgment in In/Out-Sourcing Tactics.

This episode is hosted by Andrew Jennings, associate professor of law at Emory University.

Ep.236 – Paul Weitzel on AI Corporate Theory

Mon, 02 Dec 2024 11:03:00 -0000

Paul Weitzel, assistant professor of law at the University of Nebraksa, joins the Business Scholarship Podcast to discuss his article AI Governance through Corporate Theory.

This episode is hosted by Andrew Jennings, associate professor of law at Emory University, and was edited by Brynn Radak, a law student at Emory University.

Ep.235 – Roberto Tallarita and Kenneth Khoo on Shareholder ESG Proposals

Mon, 11 Nov 2024 11:02:00 -0000

Roberto Tallarita, assistant professor of law at Harvard University, and Kenneth Khoo, lecturer at the National University of Singapore Faculty of Law, join the Business Scholarship Podcast to discuss their article Expanding Shareholder Voice: The Impact of SEC Guidance on Environmental and Social Proposals.

This episode is hosted by Andrew Jennings, associate professor of law at Emory University, and was edited by Brynn Radak, a law student at Emory University.

Ep.234 – James Tierney on Securities Industry Bars

Mon, 28 Oct 2024 10:03:00 -0000

James Tierney, assistant professor of law at Chicago-Kent College of Law, joins the Business Scholarship Podcast to discuss his article Reconsidering Securities Industry Bars.

This episode is hosted by Andrew Jennings, associate professor of law at Emory University, and was edited by Brynn Radak, a law student at Emory University.

Ep.233 – Melissa Jacoby on Unjust Debts

Mon, 14 Oct 2024 10:03:00 -0000

Melissa Jacoby, professor of law at the University of North Carolina, joins the Business Scholarship Podcast to discuss her book Unjust Debts: How Our Bankruptcy System Makes America More Unequal.

This episode is hosted by Andrew Jennings, associate professor of law at Emory University, and was edited by Brynn Radak, a law student at Emory University.

Ep.232 – James Park on the SEC as an Entrepreneurial Enforcer

Thu, 03 Oct 2024 05:00:00 -0000

James Park, professor of law at the University of California, Los Angeles, joins the Business Scholarship Podcast to discuss his article The SEC as an Entrepreneurial Enforcer.

This episode is hosted by Andrew Jennings, associate professor of law at Emory University, and was edited by Brynn Radak, a law student at Emory University.

Ep.231 – Susan Morse on Safe Harbors

Wed, 25 Sep 2024 16:10:03 -0000

Susan Morse, professor of law at the University of Texas at Austin, joins the Business Scholarship Podcast to discuss her article The Truth About Safe Harbors. This episode is hosted by Andrew Jennings, associate professor of law at Emory University, and was edited by Brynn Radak, a law student at Emory University.

Ep.230 – Mitu Gulati, Ugo Panizza, and Mark Weidemaier on a Podcast Experiment

Thu, 12 Sep 2024 10:06:00 -0000

Mitu Gulati, professor of law at the University of Virginia; Ugo Panizza, professor of international economics at the Geneva Graduate Institute; and Mark Weidemaier, professor of law at the University of North Carolina, join the Business Scholarship Podcast to discuss their paper Obscure Contract Terms: An Inadvertent Pricing Experiment. The paper was co-authored with Stephen Choi of New York University and Robert Scott of Columbia University.

This episode is hosted by Andrew Jennings, associate professor of law at Emory University, and was edited by Brynn Radak, a law student at Emory University.

Ep.229 – Hester Peirce on Regulators and Academics

Thu, 05 Sep 2024 05:00:00 -0000

Hester Peirce, a commissioner of the U.S. Securities and Exchange Commission, joins the Business Scholarship Podcast to discuss her career, how regulators use the work of academic experts, and how academics can contribute to the regulatory process.

This episode is hosted by Andrew Jennings, associate professor of law at Emory University, and was edited by Brynn Radak, a law student at Emory University.

Ep.228 – Travis Laster on Judges and Academics

Wed, 21 Aug 2024 10:03:00 -0000

Travis Laster, a vice chancellor of the Delaware Court of Chancery, joins the Business Scholarship Podcast to discuss his career, how judges use the work of academic experts, and how academics can contribute to the judicial process.

This episode is hosted by Andrew Jennings, associate professor of law at Emory University, and was edited by Brynn Radak, a law student at Emory University.

Ep.227 – Alison Frankel on Journalists and Academics

Wed, 14 Aug 2024 10:03:00 -0000

Alison Frankel, a journalist covering high-stakes commercial litigation at Reuters, joins the Business Scholarship Podcast to discuss her career, how journalists work with academic experts, and how academics can contribute to the process of journalism.

This episode is hosted by Andrew Jennings, associate professor of law at Emory University, and was edited by Brynn Radak, a law student at Emory University.

Ep.226 – Stephen Sachs on Corporate Jurisdiction

Mon, 05 Aug 2024 10:03:00 -0000

Stephen Sachs, professor of law at Harvard University, joins the Business Scholarship Podcast to discuss his article Dormant Commerce and Corporate Jurisdiction.

This episode is hosted by Andrew Jennings, associate professor of law at Emory University, and was edited by Brynn Radak, a law student at Emory University.

Ep.225 – Ifeoma Ajunwa on Quantified Workers

Thu, 01 Aug 2024 10:03:00 -0000

Ifeoma Ajunwa, professor of law at Emory University, joins the Business Scholarship Podcast to discuss her book The Quantified Worker: Law and Technology in the Modern Workplace.

This episode is hosted by Andrew Jennings, associate professor of law at Emory University, and was edited by Brynn Radak, a law student at Emory University.

Ep.224 – Stelios Michalopoulos and Christopher Rauh on Movies

Wed, 24 Jul 2024 10:03:00 -0000

Stelios Michalopoulos, professor of political economy at Brown University, and Christopher Rauh, professor of economics and data science at the University of Cambridge, join the Business Scholarship Podcast to discuss their article Movies.

This episode is hosted by Andrew Jennings, associate professor of law at Emory University, and was edited by Brynn Radak, a law student at Emory University.

Ep.223 – George Werner on the Tobacco Trust

Tue, 09 Jul 2024 10:03:00 -0000

George Werner, a recent graduate of Duke Law School, joins the Business Scholarship Podcast to discuss his note Norm Commandeering and the Tobacco Trust.

This episode is hosted by Andrew Jennings, associate professor of law at Emory University, and was edited by Brynn Radak, a law student at Emory University.

Ep.222 – William Bunting and Tomer Stein on Business Amici

Mon, 24 Jun 2024 10:03:00 -0000

Special Note: KFilings—the free SEC EDGAR email alerts service mentioned by the host at the top of the show—is available at https://kfilings.com.

William Bunting, assistant professor of law at Stetson University, and Tomer Stein, assistant professor of law at the University of Tennessee Knoxville, join the Business Scholarship Podcast to discuss their article Amicus Lobbying: Friends of the Court or Friends of the Industry?.

This episode is hosted by Andrew Jennings, associate professor of law at Emory University, and was edited by Brynn Radak, a law student at Emory University.

Ep.221 – Alexandra Roberts on MLM Lies

Tue, 18 Jun 2024 10:03:00 -0000

Alexandra Roberts, professor of law and media at Northeastern University, joins the Business Scholarship Podcast to discuss her article Multilevel Lies.

This episode is hosted by Andrew Jennings, associate professor of law at Emory University, and was edited by Brynn Radak, a law student at Emory University.

Ep.220 – Brian Highsmith on Megadeals

Thu, 13 Jun 2024 10:03:00 -0000

Brian Highsmith, an academic fellow in law and political economy at Harvard Law School and a Ph.D. candidate in government and social policy at Harvard University, joins the Business Scholarship Podcast to discuss his article Regulating Location Incentives.

This episode is hosted by Andrew Jennings, associate professor of law at Emory University, and was edited by Brynn Radak, a law student at Emory University.

Ep.219 – William Clayton on Private-Funds Regulation

Mon, 03 Jun 2024 10:03:00 -0000

William Clayton, professor of law at Brigham Young University, joins the Business Scholarship Podcast to discuss his article High-End Securities Regulation: Reflections on the SEC’s 2022-23 Private Funds Rulemaking.

This episode is hosted by Andrew Jennings, associate professor of law at Emory University, and was edited by Brynn Radak, a law student at Emory University.

Ep.218 – Christine Abely on the Russia Sanctions

Thu, 30 May 2024 03:33:56 -0000

Christine Abely, assistant professor of law at New England Law School Boston, joins the Business Scholarship Podcast to discuss her new book, The Russia Sanctions: The Economic Response to Russia's Invasion of Ukraine.

This episode is hosted by Andrew Jennings, associate professor of law at Emory University, and was edited by Brynn Radak, a law student at Emory University.

Ep.217 – Geeyoung Min on Strategic Compliance

Wed, 08 May 2024 10:03:00 -0000

Geeyoung Min, associate professor of law at Michigan State University, joins the Business Scholarship Podcast to discuss her article Strategic Compliance.

This episode is hosted by Andrew Jennings, associate professor of law at Emory University, and was edited by Brynn Radak, a law student at Emory University.

Ep.216 – Yaron Nili and Roy Shapira on Specialist Directors

Mon, 29 Apr 2024 10:03:00 -0000

Yaron Nili, professor of law at the University of Wisconsin, and Roy Shapira, professor of law at Reichman University, join the Business Scholarship Podcast to discuss their article Specialist Directors.

This episode is hosted by Andrew Jennings, associate professor of law at Emory University, and was edited by Brynn Radak, a law student at Emory University.

Ep.215 – Steven Xiao on Consumers and ESG

Mon, 15 Apr 2024 10:03:00 -0000

Steven Xiao, associate professor of finance and managerial economics at the University of Texas at Dallas, joins the Business Scholarship Podcast to discuss his paper Do Consumers Care About ESG? Evidence from Barcode-Level Sales Data. The paper was co-authored with Jean-Marie Meier (University of Texas at Dallas), Henri Servaes (London Business School), and Jiaying Wei (Southwestern University of Finance and Economics).

This episode is hosted by Andrew Jennings, associate professor of law at Emory University, and was edited by Brynn Radak, a law student at Emory University.

Ep.214 – Nicole Iannarone on Securities Arbitration

Mon, 08 Apr 2024 10:03:00 -0000

Nicole Iannarone, associate professor of law at Drexel University, joins the Business Scholarship Podcast to discuss her article Small Claims Securities Arbitration. As part of the interview, Iannarone discusses how listeners can become securities arbitrators in the FINRA forum. Listeners can learn more at FINRA’s Become an Arbitrator page.

This episode is hosted by Andrew Jennings, associate professor of law at Emory University, and was edited by Brynn Radak, a law student at Emory University.

Ep.213 – Natalya Shnitser on 401(k) Governance

Mon, 01 Apr 2024 10:03:00 -0000

Natalya Shnitser, associate professor of law at Boston College, joins the Business Scholarship Podcast to discuss her article The 401(k) Conundrum in Corporate Law.

This episode is hosted by Andrew Jennings, associate professor of law at Emory University, and was edited by Brynn Radak, a law student at Emory University.

Ep.212 – Anat Admati on the Banker's New Clothes

Mon, 18 Mar 2024 12:00:00 -0000

Anat Admati, professor of finance and economics at Stanford Univeristy, joins the Business Scholarship Podcast to discuss her book The Bankers’ New Clothes: What’s Wrong with Banking and What to Do about It, which she co-authored with Martin Helwig.

This episode is hosted by Andrew Jennings, associate professor of law at Emory University, and was edited by Brynn Radak, a law student at Emory University.

Ep.211 – James An on the Direct-Derivative Distinction

Wed, 13 Mar 2024 10:03:00 -0000

James An, the teaching fellow for the LLM Program in Corporate Governance & Practice and a lecturer in law at Stanford University, joins the Business Scholarship Podcast to discuss his article The Direct-Derivative Distinction in Shareholder Suits.

This episode is hosted by Andrew Jennings, associate professor of law at Emory University, and was edited by Brynn Radak, a law student at Emory University.

Ep.210 – Anne Choike on Local Firm Governance

Mon, 04 Mar 2024 11:03:00 -0000

Anne Choike, associate clinical professor of law at Michigan State University, joins the Business Scholarship Podcast to discuss her article Local Firm Governance.

Programming Note: Since the original recording of this episode, Professor Choike has retitled the article Local Firm Governance. The forthcoming version of the article no longer uses the terminology “local corporate law,” as heard in the recording. Instead, the new version uses the terminology “local firm governance.” The substance of this episode is not materially affected by the updated terminology.

This episode is hosted by Andrew Jennings, associate professor of law at Emory University, and was edited by Brynn Radak, a law student at Emory University.

Ep.209 – Martin Sybblis on Decolonialization and Corporate Law

Thu, 29 Feb 2024 11:03:00 -0000

Martin Sybblis, associate professor of law at Emory University, joins the Business Scholarship Podcast to discuss his article Corporate Law as Decolonization.

This episode is hosted by Andrew Jennings, associate professor of law at Emory University, and was edited by Brynn Radak, a law student at Emory University.

Ep.208 – Adam Eckart on Corporate Activism

Thu, 08 Feb 2024 11:02:00 -0000

Adam Eckart, associate professor of legal writing at Suffolk University, joins the Business Scholarship Podcast to discuss his article In Business We Trust.

This episode is hosted by Andrew Jennings, associate professor of law at Emory University, and was edited by Brynn Radak, a law student at Emory University.

Ep.207 – Narine Lalafaryan on Private Credit Funds

Mon, 05 Feb 2024 11:02:00 -0000

Narine Lalafaryan, assistant professor of corporate law at the University of Cambridge, joins the Business Scholarship Podcast to discuss her article Private Credit: The Evolution of Corporate Finance and The Firm.

This episode is hosted by Andrew Jennings, associate professor of law at Emory University.

Ep.206 – J.W. Verret on Disgorgement

Thu, 01 Feb 2024 11:02:00 -0000

J.W. Verret, associate professor of law at George Mason University, joins the Business Scholarship Podcast to discuss his article Disgorgement Accounting After Liu v. SEC in Securities Enforcement Cases.

This episode is hosted by Andrew Jennings, associate professor of law at Emory University, and was edited by Brynn Radak, a law student at Emory University.

Ep.205 – André Mancha on Stolen Goods

Wed, 24 Jan 2024 11:02:00 -0000

André Mancha, a PhD in economics candidate at Insper, joins the Business Scholarship Podcast to discuss his paper Dismantling a Market for Stolen Goods: Evidence from the Regulation of Junkyards in Brazil.

This episode is hosted by Andrew Jennings, associate professor of law at Emory University, and was edited by Brynn Radak, a law student at Emory University.

Ep.204 – Michael Guttentag on the Value of Inside Information

Thu, 11 Jan 2024 11:06:00 -0000

Michael Guttentag, professor of law at Loyola Marymount University, joins the Business Scholarship Podcast to discuss his book chapter What Inside Information Is Worth and Why It Matters, which will be included in the forthcoming Research Handbook on Insider Trading (second edition).

This episode is hosted by Andrew Jennings, associate professor of law at Emory University, and was edited by Brynn Radak, a law student at Emory University.

Ep.203 – Miriam Baer on White-Collar Myths

Wed, 20 Dec 2023 11:02:00 -0000

Miriam Baer, professor of law at Brooklyn Law School, joins the Business Scholarship Podcast to discuss her new book Myths and Misunderstandings in White-Collar Crime.

This episode is hosted by Andrew Jennings, associate professor of law at Emory University, and was edited by Brynn Radak, a law student at Emory University.

Ep.202 – Daniel Listwa on Shareholder Lock-In and the First Amendment

Wed, 13 Dec 2023 12:21:00 -0000

Daniel Listwa, an associate at Wachtell, Lipton, Rosen & Katz LLP, joins the Business Scholarship Podcast to discuss his article Shareholder Lock-in and the Corporate Soul: Implications for the First Amendment.

This episode is hosted by Andrew Jennings, associate professor of law at Emory University, and was edited by Brynn Radak, a law student at Emory University.

Ep.201 – Panel on the Purdue Pharma Bankruptcy

Mon, 27 Nov 2023 11:05:00 -0000

Anthony Casey, professor of law at the University of Chicago; William Organek, assistant professor of law at the Baruch College Zicklin School of Business; and Lindsey Simon, associate professor of law at Emory University join the Business Scholarship Podcast to discuss the legal, commercial, and social issues at play in the Supreme Court’s upcoming Harrington v. Purdue Pharma L.P. bankruptcy case. This episode is hosted by Andrew Jennings, associate professor of law at Emory University, and was edited by Brynn Radak, a law student at Emory University.

Ep.200 – Mariana Pargendler on Heterodox Stakeholderism

Tue, 21 Nov 2023 11:03:00 -0000

Mariana Pargendler, professor at FGV São Paulo Law School, joins the Business Scholarship Podcast to discuss her paper Corporate Law in the Global South: Heterodox Stakeholderism, which examines how Global South jurisdictions innovate in their corporate laws to protect stakeholders, channel economic distribution, and address other social problems.

This episode is hosted by Andrew Jennings, associate professor of law at Emory University, and was edited by Brynn Radak, a law student at Emory University.

Ep.199 – Melissa Newham on Physician Gifts

Thu, 09 Nov 2023 11:03:00 -0000

Melissa Newham, a postdoctoral researcher at ETH Zurich, joins the Business Scholarship Podcast to discuss her paper The Cost of Influence: How Gifts to Physicians Shape Prescriptions and Drug Costs, which was co-authored with Marica Valente, assistant professor of economics at the University of Innsbruck.

This episode is hosted by Andrew Jennings, associate professor of law at Emory University, and was edited by Brynn Radak, a law student at Emory University.

Ep.198 – Andrew Tuch on SPAC Fairness Opinions

Thu, 26 Oct 2023 10:03:00 -0000

Andrew Tuch, professor of law at Washington University in St. Louis, joins the Business Scholarship Podcast to discuss his article Fairness Opinions and SPAC Reform. This article compares the use of financial fairness opinions in traditional M&A versus SPAC transactions and finds that the latter usage has been inadequate in light of the internal conflicts of interest inherent to SPACs.

This episode is hosted by Andrew Jennings, associate professor of law at Emory University, and was edited by Brynn Radak, a law student at Emory University.

Ep.197 – Laura Boudreau and Ada González-Torres on Detecting Harassment

Thu, 12 Oct 2023 10:05:00 -0000

Laura Boudreau, assistant professor of economics at the Columbia University Graduate School of Business, and Ada González-Torres, assistant professor of economics at Ben-Gurion University of the Negev, join the Business Scholarship Podcast to discuss their paper Monitoring Harassment in Organizations, which they co-authored with Sylvain Chassang of Princeton University and Rachel Heath of the University of Washington. In this paper the authors use a randomized control trial to demonstrate survey methods for detecting harassment and other interpersonal misconduct in the workplace.

This episode is hosted by Andrew Jennings, associate professor of law at Emory University, and was edited by Brynn Radak, a law student at Emory University.

Ep.196 – Guha Krishnamurthi on Caste Discrimination

Tue, 26 Sep 2023 10:03:00 -0000

Guha Krishnamurthi, associate professor of law at the University of Maryland, joins the Business Scholarship Podcast to discuss his essay Title VII and Caste Discrimination, which he co-authored with Charanya Krishnaswami. The essay introduces the South Asian caste system and analyzes the experience of caste discrimination in U.S. workplaces, along with remedies against caste discrimination under existing and new federal and state legislation.

This episode is hosted by Andrew Jennings, associate professor of law at Emory University, and was edited by Brynn Radak, a law student at Emory University.

Ep.195 – Andrew Schwartz on Crowdfunding

Wed, 20 Sep 2023 10:12:00 -0000

Andrew Schwartz, professor of law at the University of Colorado, joins the Business Scholarship Podcast to discuss his book Investment Crowdfunding.

This episode is hosted by Andrew Jennings, associate professor of law at Emory University, and was edited by Brynn Radak, a law student at Emory University.

Ep.194 – Lindsey Gallo & Kendall Lynch on Corporate Monitors

Mon, 11 Sep 2023 10:16:00 -0000

Lindsey Gallo, assistant professor of accounting at the University of Michigan, and Kendall Lynch, an accounting PhD candidate at the University of Michigan, join the Business Scholarship Podcast to discuss their article Out of Site, Out of Mind? The Role of the Government-Appointed Corporate Monitor. In this article, Gallo, Lynch, and co-author Rimmy Tomy find that post-enforcement corporate monitorships are associated with reductions in law violations during a monitor’s tenure but that those reductions may not persist after the monitorship.

This episode is hosted by Andrew Jennings, associate professor of law at Emory University, and was edited by Brynn Radak, a law student at Emory University.

Ep.193 – Hajin Kim on Stakeholder Expectations

Tue, 05 Sep 2023 10:18:00 -0000

Hajin Kim, assistant professor of law at the University of Chicago, joins the Business Scholarship Podcast to discuss her article Expecting Corporate Prosociality, which uses survey experiments to demonstrate a stakeholder-expectations theory for consumer, employment, and investment interactions with corporations.

This episode is hosted by Andrew Jennings, associate professor of law at Emory University.

Ep.192 – Jordan Neyland on Lawyers and IPO Outcomes

Tue, 22 Aug 2023 15:13:42 -0000

Jordan Neyland, assistant professor of law at George Mason University, joins the Business Scholarship Podcast to discuss his article Do Lawyers Matter in Initial Public Offerings?, which he co-authored with Thomas Bates of Arizona State University and Jin Roc Lv of Australian National University.

This episode is hosted by Andrew Jennings, associate professor of law at Emory University, and was edited by Warren Zhang.

Ep.191 – Todd Phillips on the MQD at the SEC

Fri, 18 Aug 2023 10:03:00 -0000

Todd Phillips, assistant professor at Georgia State University’s Robinson College of Business, joins the Business Scholarship Podcast to discuss his article The Major Questions Doctrine's Domain, which he co-authored with Beau Baumann of Yale University. In this article, Phillips and Baumann explain that the Supreme Court’s novel Major-Questions Doctrine does not apply in cases in which executive agencies bring judicial enforcement actions or seek to apply judicial precedent. In making their case, they use challenges to the Securities and Exchange Commission’s crypto enforcement actions as a case study.

Ep.190 – Helen Norton on Securities Regulation and Free Speech

Tue, 08 Aug 2023 10:12:00 -0000

Helen Norton, professor of law at the University of Colorado, joins the Business Scholarship Podcast to discuss her article What 21st-Century Free Speech Law Means for Securities Regulation. In her article Norton examines the deregulatory turn in the Supreme Court's First Amendment jurisprudence and argues that that turn should not affect the longstanding functioning of the nation's securities laws.

This episode is hosted by Andrew Jennings, associate professor of law at Emory University, and was edited by Warren Zhang, a rising second-year law student.

Ep.189 – Rachel Landy on Exit Engineering

Tue, 01 Aug 2023 10:02:00 -0000

Rachel Landy, visiting assistant professor at Cardozo School of Law, joins the Business Scholarship Podcast to discuss her article Exit Engineering. In this article Landy extends the existing literature on lawyers-as-transaction-engineers to theorize the role of early-stage startup lawyering on downstream exit events.

This episode is hosted by Andrew Jennings, associate professor of law at Emory University.

Ep.188 – Timothy Pollock on Celebrity CEOs

Fri, 28 Jul 2023 10:02:00 -0000

Timothy Pollock, professor of entrepreneurship at the University of Tennessee Knoxville, joins the Business Scholarship Podcast to discuss his article Not Like the Rest of Us? How CEO Celebrity Affects Quarterly Earnings Call Language, which he co-authored with Roberto Ragozzino of Nova School of Business and Economics and Dane Blevins of the University of Central Florida.

This episode is hosted by Andrew Jennings, associate professor of law at Emory University, and was edited by Warren Zhang, a rising second-year law student at Emory University.

Ep.187 – Dana Brakman Reiser and Steven Dean on For-Profit Philanthropy

Mon, 17 Jul 2023 10:02:00 -0000

Dana Brakman Reiser, professor of law at Brooklyn Law School, and Steven Dean, professor of law at Boston University, join the Business Scholarship Podcast to discuss their book For-Profit Philanthropy: Elite Power and the Threat of Limited Liability Companies, Donor-Advised Funds, and Strategic Corporate Giving.

This episode is hosted by Andrew Jennings, associate professor of law at Emory University, and was edited by Warren Zhang, a rising second-year law student at Emory University.

Ep.186 – Sneha Pandya on Creditor Violence

Thu, 06 Jul 2023 10:17:00 -0000

Sneha Pandya, a federal law clerk, joins the Business Scholarship Podcast to discuss her article Debt Textualism and Creditor-on-Creditor Violence: A Modest Plea to Keep the Faith, which was co-authored with Eric Talley of Columbia University. In this article, Pandya and her co-author track recent acrimony in the corporate-debt markets and consider how judicial interpretation of debt contracts might mitigate or exacerbate creditor-on-creditor conflict.

This episode is hosted by Andrew Jennings, associate professor of law at Emory University, and was edited by Warren Zhang, a rising second-year law student at Emory University.

Ep.185 – Joseph Borg on State Securities Regulation (Part II)

Tue, 20 Jun 2023 13:35:20 -0000

Joseph Borg, who recently retired from three decades as director of the Alabama Securities Commission, joins the Business Scholarship Podcast to discuss his career as a state securities regulator. Topics in this second part of a two-episode interview include public service in securities regulation; cooperation between state regulators, FINRA, and the SEC; and agency funding and resources.

This episode is hosted by Andrew Jennings, associate professor of law at Emory University, and Benjamin Edwards, associate professor of law at the University of Nevada, Las Vegas. The episode was edited by Warren Zhang, a rising second-year law student at Emory University.

Ep.184 – Joseph Borg on State Securities Regulation (Part I)

Tue, 13 Jun 2023 13:13:13 -0000

Joseph Borg, who recently retired from three decades as director of the Alabama Securities Commission, joins the Business Scholarship Podcast to discuss his career as a state securities regulator. Topics in this first part of a two-episode interview include agency building and administrative structure, state politics and financial regulation, cooperation between state and federal enforcement agencies, memorable enforcement actions, and insights on crypto enforcement by state securities regulators.

Ep.183 – Abby Lemert on Facebook's Corporate-Law Paradox

Tue, 06 Jun 2023 12:28:18 -0000

Abby Lemert, a recent graduate of Yale Law School, joins the Business Scholarship Podcast to discuss her article Facebook’s Corporate Law Paradox. In this article, Lemert identifies social harms associated with the Delaware-incorporated social-networking site Facebook and considers the constraints Delaware law imposes on the company’s ability to self-regulate toward mitigating those harms.

This episode is hosted by Andrew Jennings, associate professor of law at Emory University, and was edited by Warren Zhang, a rising second-year law student at Emory University.

Ep.182 – Martin Grace and Jingshu Luo on Model Laws

Mon, 15 May 2023 12:29:32 -0000

Martin Grace, professor of risk, insurance, and healthcare management at Temple University, and Jingshu Luo, assistant professor of finance at the University of Mississippi, join the Business Scholarship Podcast to discuss their article The Market for Model Laws: The Diffusion of NAIC’s Model Laws, which they co-authored with Charlotte Alexander of Georgia State University. In this article, the authors investigate pathways of state adoption of model insurance laws promulgated by the National Association of Insurance Commissioners.

This episode is hosted by Andrew Jennings, assistant professor at Brooklyn Law School, with editing by Christina Brown, a third-year student at Brooklyn Law School.

Ep.181 – Brett McDonnell on Stakeholder Engagement

Tue, 02 May 2023 12:01:42 -0000

Brett McDonnell, professor of law at the University of Minnesota, joins the Business Scholarship Podcast to discuss his article Stakeholder Engagement. In this article McDonnell examines how public companies engage with their non-shareholder stakeholders, including employees and civil society.

This episode is hosted by Andrew Jennings, assistant professor at Brooklyn Law School, with editing by Christina Brow, a third-year student at Brooklyn Law School.

Ep.180 – Stephen Bainbridge on the Profit Motive

Mon, 10 Apr 2023 10:22:00 -0000

Stephen Bainbridge, professor of law at the University of California, Los Angeles, joins the Business Scholarship Podcast to discuss his new book The Profit Motive: Defending Shareholder Value Maximization.

This episode is hosted by Andrew Jennings, assistant professor at Brooklyn Law School.

Ep.179 – Elise Maizel on Corporate Attorney-Client Privilege

Tue, 04 Apr 2023 11:50:44 -0000

Elise Maizel, acting assistant professor of lawyering at New York University, joins the Business Scholarship Podcast to discuss her article The Case for Downsizing the Corporate Attorney-Client Privilege. In this article, Maizel offers a comparative and historical analysis of the corporate attorney-client privilege versus the more familiar privilege enjoyed by individual clients. She finds the contemporary practice of corporate attorney-client privilege to be unworkable and socially costly and proposes reforms around channeling corporations’ attorney-client communications through board-level privileged-communications committees.

This episode is hosted by Andrew Jennings, assistant professor at Brooklyn Law School.

Ep.178 – Caleb Griffin on Humanizing Corporate Governance

Mon, 27 Mar 2023 10:12:00 -0000

Caleb Griffin, assistant professor of law at the University of Arkansas, joins the Business Scholarship Podcast to discuss his article Humanizing Corporate Governance. In this article Griffin investigates the voting preferences of retail investors in intermediated funds and presents results from an original survey study.

This episode is hosted by Andrew Jennings, assistant professor at Brooklyn Law School, with editing by Christina Brow, a third-year student at Brooklyn Law School.

Ep.177 – Vijay Raghavan on the Debt Tax

Mon, 20 Mar 2023 10:20:00 -0000

Vijay Raghavan, assistant professor of law at Brooklyn Law School, joins the Business Scholarship Podcast to discuss his article The Case Against the Debt Tax. In this article Raghavan challenges the bases for treating forgiven consumer debt as taxable income, including student-loan and other consumption debt. He also offers recommendations for reforms to tax procedure.

This episode is hosted by Andrew Jennings, assistant professor at Brooklyn Law School.

Ep.176 – Ann Lipton on the Internal-Affairs Doctrine

Mon, 06 Mar 2023 11:23:00 -0000

Ann Lipton, associate professor of business law and entrepreneurship at Tulane University, joins the Business Scholarship Podcast to discuss her essay Inside Out (or, One State to Rule them All): New Challenges to the Internal Affairs Doctrine. In this essay, Lipton observes a trend in which internal-affairs doctrine, via forum-selection bylaws, encroaches on substantive fields outside its corporate-governance heartland. This trend includes employment and securities disputes. She identifies concerns with this trend, including undermining states’ non-corporate regulatory policies and forcing disputes, like claims under the Exchange Act, into fora that lack subject-matter jurisdiction to hear them.

This episode is hosted by Andrew Jennings, assistant professor at Brooklyn Law School, with editing by Steven Rozenfeld, a third-year student at Brooklyn Law School.

Ep.175 – Todd Phillips on the Fracas at the FDIC

Mon, 27 Feb 2023 11:23:00 -0000

Todd Phillips, principal at Phillips Policy Consulting and former director of financial regulation and corporate governance at the Cato Institute, joins the Business Scholarship Podcast to discuss his essay The Fracas at the FDIC. In this essay Phillips examines a power struggle in late 2021 between the Federal Deposit Insurance Corporation board’s Republican chair and Democratic majority, including its implications for the possibility of fracases at the Federal Reserve’s Board of Governors.

This episode is hosted by Andrew Jennings, assistant professor at Brooklyn Law School, with editing by Christina Brown, a third-year student at Brooklyn Law School.

Ep.174 – Kish Parella on Corporate Foreign Policy in War

Mon, 20 Feb 2023 11:22:00 -0000

Kish Parella, professor of ethics and law at Washington & Lee University, joins the Business Scholarship Podcast to discuss her article Corporate Foreign Policy in War. Parella’s article uses the Russian invasion of Ukraine as a study in how multinational firms respond to war, including how public pressure, business models, and contractual arrangements drive firms’ decisional space and reactions.

This episode is hosted by Andrew Jennings, assistant professor at Brooklyn Law School, with editing by Steven Rozenfeld, a third-year student at Brooklyn Law School.

Ep.173 – Darian Ibrahim on Crypto Angels and Devils

Thu, 16 Feb 2023 11:22:00 -0000

Darian Ibrahim, professor of law at the College of William & Mary, joins the Business Scholarship Podcast to discuss his article Angels and Devils: The Early Crypto Entrepreneurs. In this article Ibrahim provides a typology in which crypto entrepreneurs are “angels” or “devils” and explains why these categories are analytically useful for framing the regulation of crypto assets, including under the Howey test for investment-contract securities.

This episode is hosted by Andrew Jennings, assistant professor at Brooklyn Law School, with editing by Steven Rozenfeld, a third-year student at Brooklyn Law School.

Ep.172 – Evelyn Atkinson on Telegraph Torts

Mon, 13 Feb 2023 11:22:00 -0000

Evelyn Atkinson, an incoming professor at Tulane Law School, joins the Business Scholarship Podcast to discuss her article Telegraph Torts: The Lost Lineage of the Public Service Corporation. In this article, Atkinson recounts the history of the telegraph tort, a private action against telegraph companies for failure to deliver messages about a loved one's death or illness. The telegraph tort, Atkinson observes, reflected affective relationships between telegraph companies and the public and points to early expectations that corporate purpose encompasses public service.

This episode is hosted by Andrew Jennings, assistant professor at Brooklyn Law School, with editing by Steven Rozenfeld, a third-year student at Brooklyn Law School.

Ep.171 – Joshua Blustein on Hyperinflation in the Łódź Ghetto

Mon, 06 Feb 2023 11:22:00 -0000

Joshua Blustein, a law student at the University of Chicago, joins the Business Scholarship Podcast to discuss his article Hyperinflation in the Łódź Ghetto, which he co-authored with Jonah Bennett, Natalia Stefanska, Przemysław Galach, and Steven Hanke. In this article, Blustein and his co-authors offer an economic history of the Łódź Ghetto—the last ghetto to be liquidated by the Nazis during the Holocaust—with a focus on its internal currency and the causes and effects of the currency’s hyperinflation.

This episode is hosted by Andrew Jennings, assistant professor at Brooklyn Law School.

Ep.170 – William Magnuson on the History of Corporations

Mon, 30 Jan 2023 12:54:04 -0000

William Magnuson, professor of law at Texas A&M University, joins the Business Scholarship Podcast to discuss his book For Profit: A History of Corporations.

This episode is hosted by Andrew Jennings, assistant professor at Brooklyn Law School, with editing by Steven Rozenfeld, a third-year student at Brooklyn Law School.

Ep.169 – David Grenardo on Black Owners in Sports

Mon, 23 Jan 2023 11:23:00 -0000

David Grenardo, professor of law at the University of St. Thomas, joins the Business Scholarship Podcast to discuss his article Getting to the Root of the Problem: Where Are All the Black Owners in Sports?. In this article Grenardo examines underrepresentation of people of color—particularly Black people—among owners, senior executives, and head coaches in professional sports teams. He theorizes explanations for these underrepresentations and proposes new league policies to reduce them.

This episode is hosted by Andrew Jennings, assistant professor at Brooklyn Law School, with editing by Steven Rozenfeld, a third-year student at Brooklyn Law School.

Ep.168 – Kristen Eichensehr and Cathy Hwang on National-Security Creep

Mon, 16 Jan 2023 11:23:00 -0000

Kristen Eichensehr and Cathy Hwang, professors of law at the University of Virginia, join the Business Scholarship Podcast to discuss their essay National Security Creep in Corporate Transactions. In this essay Eichensehr and Hwang document the expansion of national-security review in mergers and other corporate transactions. They consider the implications of this “national security creep” for contract theory and design and judicial deference to Congress and the executive branch in national-security matters.

This episode is hosted by Andrew Jennings, assistant professor at Brooklyn Law School, with editing by Steven Rozenfeld, a third-year student at Brooklyn Law School.

Ep.167 – Omari Scott Simmons on Political Risk Management

Thu, 12 Jan 2023 11:23:00 -0000

Omari Scott Simmons, professor of law at Wake Forest University, joins the Business Scholarship Podcast to discuss his article Political Risk Management. In this article Simmons locates political risk as a subset of enterprise risk management and analyzes its role in the contemporary business environment.

This episode is hosted by Andrew Jennings, assistant professor at Brooklyn Law School.

Ep.166 – Samantha Prince on Retirement Vesting

Tue, 20 Dec 2022 14:28:54 -0000

Samantha Prince, assistant professor of law at Penn State Dickinson Law, joins the Business Scholarship Podcast to discuss her article Megacompany Employee Churn Meets 401(k) Vesting Schedules: A Sabotage on Workers' Retirement Wealth. In this article Prince problematizes the use of vesting schedules in employer-sponsored 401(k) plans, especially at companies with employee-churn rates that make it likely that few employees ever actually receive promised 401(k) matching contributions. Given the disproportionate number of people of color working in such high-churn positions, Prince observes that the 401(k)-vesting problem has downstream effects on racial wealth inequality.

This episode is hosted by Andrew Jennings, assistant professor at Brooklyn Law School, with editing by Steven Rozenfeld, a third-year student at Brooklyn Law School.

Ep.165 – Brian Feinstein on White-Collar Favoritism

Thu, 15 Dec 2022 11:23:00 -0000

Brian Feinstein, assistant professor of legal studies and business ethics at the University of Pennsylvania’s Wharton School, joins the Business Scholarship Podcast to discuss his article In-Group Favoritism as Legal Strategy: Evidence from FCPA Settlements, which he co-authored with William Heaston and Guilherme Siqueira de Carvalho. In this article, the authors offer empirical findings that corporate targets of Foreign Corrupt Practices Act enforcement tend to hire Democratic attorneys during Democratic administrations and vice versa during Republican administrations. This finding, in turn, raises questions about the potential role of in-group identity and homophily and the integrity of white-collar enforcement.

This episode is hosted by Andrew Jennings, assistant professor at Brooklyn Law School, with editing by Steven Rozenfeld, a third-year student at Brooklyn Law School.

Ep.164 – Joan MacLeod Heminway on Friends-and-Family Insider Trading

Mon, 28 Nov 2022 11:23:00 -0000

Joan MacLeod Heminway, professor of law at the University of Tennessee, joins the Business Scholarship Podcast to discuss her article Criminal Insider Trading in Personal Networks. In this article, Heminway investigates insider trading occurring in the context of friendship, familial, or romantic relationships and presents findings from her empirical study of this friends-and-family insider trading.

This episode is hosted by Andrew Jennings, assistant professor at Brooklyn Law School, with editing by Steven Rozenfeld, a third-year student at Brooklyn Law School.

Ep.163 – Giovanni Patti and Peter Robau on SEC Regional Offices

Thu, 17 Nov 2022 11:23:00 -0000

Giovanni Patti, head of research for the Securities Enforcement Empirical Database (SEED) at NYU, and Peter Robau, senior professional fellow at NYU’s Pollack Center for Law & Business, join the Business Scholarship Podcast to discuss their article SEC Regional Offices. In the article Patti and Robau present the history of the SEC’s eleven regional offices, including their pragmatic and ideological origins, the gradual centralization of the SEC’s enforcement policy, and new developments in regional specialization. Patti and Robau use data from SEED to extend this historical account and situate the regional SEC offices in the literature on regional administration of federal power.

This episode is hosted by Andrew Jennings, assistant professor at Brooklyn Law School, with editing by Steven Rozenfeld, a third-year student at Brooklyn Law School.

Ep.162 – Andrew Granato, John Bowers, and Arisa Herman on Empirical Legal Scholarship

Thu, 03 Nov 2022 10:20:00 -0000

Andrew Granato, executive editor and empirical scholarship editor of the Yale Journal on Regulation; John Bowers, empirical scholarship editor of the Yale Law Journal; and Arisa Herman, senior articles editor of the Cornell Law Review, join the Business Scholarship Podcast to discuss the state of empirical legal scholarship and the recently announced Joint Law Review Statement on Data and Code Transparency.

This episode is hosted by Andrew Jennings, assistant professor at Brooklyn Law School.

Ep.161 – Marc Steinberg on Fiduciary Duty

Thu, 27 Oct 2022 12:54:37 -0000

Marc Steinberg, professor of law at SMU, joins the Business Scholarship Podcast to discuss his article To Call a Donkey a Racehorse — The Fiduciary Duty Misnomer in Corporate and Securities Law. In this article Steinberg considers the rhetoric and reality of corporate fiduciary duty and concludes that directors, officers, and controlling shareholders are not fiduciaries strictly speaking but rather should be understood as having corporate-law-specific duties.

This episode is hosted by Andrew Jennings, assistant professor at Brooklyn Law School, with editing by Steven Rozenfeld, a third-year student at Brooklyn Law School.

Ep.160 – Allison Herren Lee, Anat-Alon Beck, and John Livingstone on Public and Private Markets

Wed, 19 Oct 2022 17:49:40 -0000

Allison Herren Lee, former commissioner and acting chair of the U.S. Securities and Exchange Commission; Anat Alon-Beck, assistant professor of law at Case Western Reserve University; and John Livingstone, research fellow at Case Western Reserve University, join the Business Scholarship Podcast to discuss special-purpose vehicles and the divide in public and private markets. Alon-Beck and Livingstone are the authors of Mythical Unicorns and How to Find Them: The Disclosure Revolution.

This episode is hosted by Andrew Jennings, assistant professor at Brooklyn Law School, with editing by Steven Rozenfeld, a third-year student at Brooklyn Law School.

Ep.159 – Jennifer Fan on Startup Boards

Mon, 03 Oct 2022 10:18:00 -0000

Jennifer Fan, professor of law at the University of Washington, joins the Business Scholarship Podcast to discuss her article The Landscape of Startup Corporate Governance in the Founder-Friendly Era. In this article, Fan offers an empirical investigation of startup boards, including their governance models at different lifecycle and economic stages and their distinctions from public-company boards.

This episode is hosted by Andrew Jennings, assistant professor at Brooklyn Law School, with editing by Steven Rozenfeld, a third-year student at Brooklyn Law School.

Ep.158 – George Georgiev on Human-Capital Management

Fri, 23 Sep 2022 11:59:40 -0000

George Georgiev, associate professor of law at Emory University, joins the Business Scholarship Podcast to discuss his article The Human Capital Management Movement in U.S. Corporate Law. In this article Georgiev gives an account of the move toward understanding workers as essential “assets” of a corporation, which in turn requires boards to consider workforces within their monitoring and oversight responsibilities. He evaluates recent SEC regulations mandating human-capital management (HCM) disclosures and previews future HCM regulatory developments.

This episode is hosted by Andrew Jennings, assistant professor at Brooklyn Law School, with editing by Steven Rozenfeld, a third-year student at Brooklyn Law School.

Ep.157 – Robert Anderson on the Sea Corporation

Tue, 06 Sep 2022 11:41:31 -0000

Robert Anderson, professor of law at Pepperdine University, joins the Business Scholarship Podcast to discuss his article The Sea Corporation. In this article, Anderson traces the origins of “the sea corporation”—the separate legal personality of ships that partly parallels the legal and economic attributes of modern-day business corporations—and considers its implications for business-organization theory.

This episode is hosted by Andrew Jennings, assistant professor at Brooklyn Law School, with editing by Steven Rozenfeld, a third-year student at Brooklyn Law School.

Ep.156 – John Rice on Rainbow-Washing

Thu, 25 Aug 2022 11:42:51 -0000

John Rice, visiting assistant professor of law at Duquesne University, joins the Business Scholarship Podcast to discuss his article Rainbow-Washing. In this article Rice confronts the dichotomy between corporate expressions of support for the LGBTQIA+ community, on the one hand, and actions inconsistent with those commitments, on the other hand. Rice situates this problem in state-law fiduciary duties and federal securities-law obligations and identifies rainbow-washing litigation risks firms might face.

This episode is hosted by Andrew Jennings, assistant professor at Brooklyn Law School.

Ep.155 – Christiana Ochoa on Deals in the Heartland

Thu, 11 Aug 2022 13:12:18 -0000

Christiana Ochoa, professor of law at Indiana University Bloomington, joins the Business Scholarship Podcast to discuss her article Deals in the Heartland, which she co-authored with Kacey Cook and Hanna Weil. In this article, Ochoa and her co-authors conduct an ethnography around disputes over wind-farm construction in rural Indiana. Their findings suggest that contracting practices, including formality and transparency, affect the stability of relationships among members of tight-knit communities and the relationships between community members and outside parties. With implications for both contract theory and the race to adopt clean-energy technology, this contractual stability Ochoa and her co-authors identify can, in turn, help wind-farm operators overcome local regulatory barriers.

This episode is hosted by Andrew Jennings, assistant professor at Brooklyn Law School, with editing by Steven Rozenfeld, a third-year student at Brooklyn Law School.

Ep.154 – Lécia Vicente on Ownership Piercing

Fri, 29 Jul 2022 00:52:34 -0000

Lécia Vicente, who teaches business law at Louisiana State University, joins the Business Scholarship Podcast to discuss her article Ownership Piercing. In this article, Vicente theorizes the unique aspects of the separation of ownership and control in limited liability companies (LLCs) and proposes that in manager-managed LLCs, courts should assess ownership through an evaluative “ownership piercing” process.

This episode is hosted by Andrew Jennings, assistant professor at Brooklyn Law School, with editing by Steven Rozenfeld, a third-year student at Brooklyn Law School.

Ep.153 – Jared Ellias on Bankruptcy Directors

Wed, 20 Jul 2022 12:22:37 -0000

Jared Ellias, professor of law at Harvard University, joins the Business Scholarship Podcast to discuss his article The Rise of Bankruptcy Directors, which he co-authored with Ehud Kamar and Kobi Kastiel of Tel Aviv University. In this article Ellias and his co-authors present an empirical study of the rise of independent directors—traditionally a corporate-law concept—in Chapter 11 bankruptcies. The study finds that although “bankruptcy directors” may be presented as neutral experts who help maximize creditor recoveries, their appointments are associated with on average 20% reductions in unsecured-creditor recoveries.

This episode is hosted by Andrew Jennings, assistant professor at Brooklyn Law School, with editing by Steven Rozenfeld, a third-year student at Brooklyn Law School.

Ep.152 – Joseph Pileri on Street Vending

Thu, 07 Jul 2022 11:18:20 -0000

Joseph Pileri, chief legal officer at Mission Driven Finance, joins the Business Scholarship Podcast to discuss his article Who Gets to Make a Living? Street Vending in America. Pileri outlines the history and place of street vending in America’s cities, how the business model works and why entrepreneurs pursue it, and the regulatory barriers to entry they face. He closes with proposed reforms to address the distributional and criminalization effects of current street-vending regulations.

This episode is hosted by Andrew Jennings, assistant professor at Brooklyn Law School, with editing by Steven Rozenfeld, a third-year student at Brooklyn Law School.

Ep.151 – Afra Afsharipour & Darren Rosenblum on the C-Suite

Thu, 23 Jun 2022 11:20:00 -0000

Afra Afsharipour, professor of law at the University of California, Davis, and Darren Rosenblum, professor of law at McGill University, join the Business Scholarship Podcast to discuss their essay Power and Pay in the C-Suite. In this essay, Afsharpiour and Rosenblum extend the board-diversity literature to examine diversity in the next layer of the corporate hierarchy: the C-suite occupied by the chief executive, financial, legal, HR, and other senior officers.

This episode is hosted by Andrew Jennings, assistant professor at Brooklyn Law School, with editing by Daniel Hamilton, a third-year student at Brooklyn Law School.

Ep.150 – Local-Journalism Symposium: Corporate Misconduct and Local Journalism

Mon, 06 Jun 2022 12:42:00 -0000

Gerardo Pérez Cavazos, assistant professor at the University of California San Diego; Karen Woody, professor at Washington & Lee University; and Joseph Borg, director of the Alabama Securities Commission, join the Business Scholarship Podcast to discuss Corporate Misconduct and Local Journalism as part of the podcast’s Local Journalism, Business, and Society symposium.

Pérez Cavazos is the author, with Jonas Heese and Caspar David Peter, of When the Local Newspaper Leaves Town: The Effects of Local Newspaper Closures on Corporate Misconduct.

This episode is hosted by Andrew Jennings, assistant professor at Brooklyn Law School, with editing by Daniel Hamilton, a third-year student at Brooklyn Law School.

Ep.149 – Local-Journalism Symposium: Workplaces and Local Journalism

Mon, 06 Jun 2022 12:41:00 -0000

Sinja Leonelli, a PhD student at the University of Chicago; Aneesh Raghunandan, assistant professor at the London School of Economics; and John Howard, director of the National Institute for Occupational Safety and Health, join the Business Scholarship Podcast to discuss Workplaces and Local Journalism as part of the podcast’s Local Journalism, Business, and Society symposium.

Leonelli is the author of Are Newspaper Deserts an Oasis for Leniency? The Effect of Information Dissemination on Regulator Activity.

This episode is hosted by Andrew Jennings, assistant professor at Brooklyn Law School, with editing by Daniel Hamilton, a third-year student at Brooklyn Law School.

Ep.148 – Local-Journalism Symposium: Private Equity and Local Journalism

Mon, 06 Jun 2022 12:40:00 -0000

Michael Ewens, professor at the California Institute of Technology; RonNell Andersen Jones, professor at the University of Utah; and Steven Waldman, co-founder and president of Report for America, join the Business Scholarship Podcast to discuss Private Equity and Local Journalism as part of the podcast’s Local Journalism, Business, and Society symposium.

Ewens is the author, with Arpit Gupta and Sabrina Howell, of Local Journalism under Private Equity Ownership.

This episode is hosted by Andrew Jennings, assistant professor at Brooklyn Law School, with editing by Daniel Hamilton, a third-year student at Brooklyn Law School.

Ep.147 – Tracey George, Eva Davis & Germaine Gurr on Gender, Credentials and M&A

Mon, 23 May 2022 10:53:22 -0000

Tracey George, professor of law and political science at Vanderbilt University, joins the Business Scholarship Podcast to discuss her article Gender, Credentials and M&A, which she co-authored with Albert Yoon, professor of law and economics at the University of Toronto and Mitu Gulati, professor of law at the University of Virginia. George’s article offers an empirical examination of gender gaps in M&A deal leadership and how the signaling effects of attorney credentials influence those gaps. George is joined on the panel by practitioners Eva Davis, a partner and chair of the transactions department at Winston & Strawn, and Germaine Gurr, a partner in the M&A practice of White & Case.

This episode is hosted by Andrew Jennings, assistant professor at Brooklyn Law School, with editing by Daniel Hamilton, a third-year student at Brooklyn Law School.

Ep.146 – Yesha Yadav on Bond Markets

Tue, 10 May 2022 12:46:09 -0000

Yesha Yadav, professor of law at Vanderbilt University, joins the Business Scholarship Podcast to discuss her article The Broken Bond Market, which she co-authored with Jonathan Brogaard, professor of finance at the University of Utah. In this article, Yadav and Brogaard observe an inverse relationship between bond liquidity and governance bespokeness, which forces a tradeoff between tradability and investor protection. They recommend private-ordering solutions to reduce this dichotomy.

This episode is hosted by Andrew Jennings, assistant professor at Brooklyn Law School, with editing by Daniel Hamilton, a third-year student at Brooklyn Law School.

Ep.145 – George Georgiev on the Public-Private Divide

Thu, 05 May 2022 10:07:00 -0000

George Georgiev, associate professor of law at Emory University, joins the Business Scholarship Podcast to discuss his article The Breakdown of the Public–Private Divide in Securities Law: Causes, Consequences, and Reforms. In this article Georgiev traces a breakdown in the division between public and private capital markets as stemming from two decades of deregulatory developments. This breakdown, he contends, has reduced the explanatory value of the public-private divide in securities regulation, a condition that can likely only be remedied through congressional action.

This episode is hosted by Andrew Jennings, assistant professor at Brooklyn Law School, with editing by Daniel Hamilton, a third-year student at Brooklyn Law School.

Ep.144 – Madison Condon on Climate Risk and Asset Pricing

Thu, 14 Apr 2022 13:13:49 -0000

Madison Condon, associate professor of law at Boston University, joins the Business Scholarship Podcast to discuss her article Market Myopia’s Climate Bubble. In this article Condon identifies the causes and consequences of mispricing the climate risk inherent in financial assets. Later in the interview, Condon offers her initial views on the SEC’s proposed climate-disclosure rules.

This episode is hosted by Andrew Jennings, assistant professor at Brooklyn Law School, with editing by Daniel Hamilton, a third-year student at Brooklyn Law School.

Ep.143 – Alexander Platt on Section 13(f) and Corporate Governance

Thu, 31 Mar 2022 11:09:39 -0000

Alexander Platt, associate professor of law at the University of Kansas, joins the Business Scholarship Podcast to discuss his article Beyond "Market Transparency": Investor Disclosure and Corporate Governance. In this article Platt explores twenty governance impacts driven by Exchange Act Section 13(f)—which requires institutional shareholders to periodically disclose their holdings to the public—including on common ownership and competition and shareholder activism. Drawing from these examples, Platt observes that far from a neutral transparency device, Section 13(f) has substantive effects on corporate governance.

This episode is hosted by Andrew Jennings, assistant professor at Brooklyn Law School, with editing by Daniel Hamilton, a third-year student at Brooklyn Law School.

Ep.142 – Anat-Alon Beck & Darren Rosenblum on the Duty to Diversify

Mon, 14 Mar 2022 12:09:25 -0000

Anat Alon-Beck, assistant professor of law at Case Western Reserve University, and Darren Rosenblum, professor of law at McGill University, join the Business Scholarship Podcast to discuss their articles No More Old Boys’ Club: Institutional Investors’ Fiduciary Duty to Advance Board Gender Diversity and A Duty to Diversify, which were co-authored with Michal Agmon-Gonnen. In these articles, Alon-Beck and Rosenblum articulate directors’ and institutional investors’ fiduciary duties as including a duty to foster diversity in senior corporate leadership.

This episode is hosted by Andrew Jennings, assistant professor at Brooklyn Law School, with editing by Daniel Hamilton, a third-year student at Brooklyn Law School.

Ep.141 – William Moon on Anonymous Companies

Wed, 02 Mar 2022 11:22:00 -0000

William Moon, associate professor of law at the University of Maryland, joins the Business Scholarship Podcast to discuss his article Anonymous Companies. In this article Moon challenges the push for greater transparency of corporate ownership by recognizing legitimate economic, safety, anti-discrimination, and related interests that entrepreneurs might have in corporate anonymity.

This episode is hosted by Andrew Jennings, assistant professor at Brooklyn Law School, with editing by Daniel Hamilton, a third-year student at Brooklyn Law School.

Ep.140 – Akshaya Kamalnath on Diversity Short-Termism

Thu, 17 Feb 2022 16:03:20 -0000

Akshaya Kamalnath, senior lecturer at Australian National University College of Law, joins the Business Scholarship Podcast to discuss her article Social Movements, Diversity, and Corporate Short-Termism. In this article, Kamalnath investigates how social movements, often powered by social media, influence corporate commitments to diversity, equity, and inclusion. She observes, however, that these commitments can suffer from corporate short-termism, particularly as social pressure wanes.

This episode is hosted by Andrew Jennings, assistant professor at Brooklyn Law School, with editing by Daniel Hamilton, a third-year student at Brooklyn Law School.

Ep.139 – Richard Crowley on Executive Tweets

Tue, 01 Feb 2022 11:59:46 -0000

Richard Crowley, assistant professor of accounting at Singapore Management University, joins the Business Scholarship Podcast to discuss his paper Executive Tweets, which he co-authored with Wenli Huang of Hong Kong Polytechnic University and Hai Lu of the University of Toronto. In the paper the co-authors find that larger market reactions follow financially relevant tweets posted to executives’ personal Twitter accounts compared to similar tweets posted to corporate accounts. This result is consistent with a person-to-person trust mechanism.

This episode is hosted by Andrew Jennings, assistant professor at Brooklyn Law School, with editing by Daniel Hamilton, a third-year student at Brooklyn Law School.

Ep.138 – Christina Skinner on Central-Bank Activism

Thu, 20 Jan 2022 11:40:15 -0000

Christina Skinner, assistant professor of legal studies and business ethics at the University of Pennsylvania’s Wharton School, joins the Business Scholarship Podcast to discuss her article Central Bank Activism. In this article, Skinner critically analyzes demands that central banks like the Federal Reserve step beyond their traditional monetary mandates to tackle other fiscal and social challenges, such as climate change, income and racial inequality, or foreign and small-business aid.

This episode is hosted by Andrew Jennings, assistant professor at Brooklyn Law School, with editing by Daniel Hamilton, a third-year student at Brooklyn Law School.

Ep.137 – Emmanuel Yimfor on Misconduct Synergies

Tue, 11 Jan 2022 11:13:00 -0000

Emmanuel Yimfor, assistant professor of finance at the University of Michigan, joins the Business Scholarship Podcast to discuss his paper Misconduct Synergies, which was co-authored with Heather Tookes of Yale University. In this paper, Yimfor and Tookes conduct a study of M&A in the investment-advisory industry and find that following mergers, a large share employees of the acquired firm who have prior misconduct leave the combined firm. Contrary to some expectations in the literature, the authors find that firms with high or low misconduct tend to acquire firms with similar misconduct histories.

This episode is hosted by Andrew Jennings, assistant professor at Brooklyn Law School, with editing by Daniel Hamilton, a third-year student at Brooklyn Law School.

Ep.136 – Angela Aneiros on D&O Insurance and Social Change

Tue, 04 Jan 2022 13:09:48 -0000

Angela Aneiros, lecturer at Indiana University’s Kelley School of Business, joins the Business Scholarship Podcast to discuss her article The Unlikely Pressure for Accountability: The Insurance Industry’s Role in Social Change. In this article Aneiros examines the role of D&O insurance in shaping corporate directors’ decisions around diversity, equity, and inclusion.

This episode is hosted by Andrew Jennings, assistant professor at Brooklyn Law School, with editing by Daniel Hamilton, a third-year student at Brooklyn Law School.

Ep.135 – Paolo Saguato on Clearinghouses

Mon, 20 Dec 2021 11:20:00 -0000

Paolo Saguato, assistant professor of law at George Mason University, joins the Business Scholarship Podcast to discuss his articles Financial Regulation, Corporate Governance, and the Hidden Costs of Clearinghouses and The Ownership of Clearinghouses: When 'Skin in the Game' Is Not Enough, the Remutualization of Clearinghouses. In these articles, Saguato conducts political-economy analyses of securities clearinghouses and their systemic risks.

This episode is hosted by Andrew Jennings, assistant professor at Brooklyn Law School, with editing by Daniel Hamilton, a third-year student at Brooklyn Law School.

Ep.134 – Benjamin Ho on Corporate Apologies

Tue, 07 Dec 2021 13:21:26 -0000

Benjamin Ho, associate professor of economics at Vassar College, joins the Business Scholarship Podcast to discuss his paper Do Investors Care about Corporate Apologies? Evidence from Chemical Disasters, which he co-authored with Sijia Fan, Qi Ge, and Lirong Ma. In this paper, Ho and his co-authors study impacts on stock prices when companies apologize after chemical disasters. They find that although admissions of error might help restore trust with the public and regulators, those apologies can also reduce investors’ perceptions of firm competence, leading to drops in stock price.

This episode is hosted by Andrew Jennings, assistant professor at Brooklyn Law School, with editing by Daniel Hamilton, a third-year student at Brooklyn Law School.

Ep.133 – Melissa Jacoby on Shocking Business Bankruptcy

Tue, 23 Nov 2021 11:33:00 -0000

Melissa Jacoby, professor of law at the University of North Carolina at Chapel Hill, joins the Business Scholarship Podcast to discuss her essay Shocking Business Bankruptcy Law. In this essay Jacoby examines what she dubs “ad hoc” and “off-label” business bankruptcies as opportunistic uses of Chapter 11 for purposes other than managing overindebtedness.

This episode is hosted by Andrew Jennings, assistant professor at Brooklyn Law School, with editing by Daniel Hamilton, a third-year student at Brooklyn Law School.

Ep.132 – David Kershaw & Edmund Schuster on Purposeful Corporations

Thu, 18 Nov 2021 11:33:00 -0000

David Kershaw, dean and professor at the London School of Economics Law School, and Edmund Schuster, associate professor at the London School of Economics Law School, join the Business Scholarship Podcast to discuss their article The Purposive Transformation of Corporate Law. In this article Kershaw and Schuster frame the long-standing question of what is a corporation’s purpose in terms of aspirational mission-purpose. This frame, the authors argue, in turn requires either that shareholders be purposeful themselves or that corporate law insulate purpose from shareholders.

This episode is hosted by Andrew Jennings, assistant professor at Brooklyn Law School, with editing by Daniel Hamilton, a third-year student at Brooklyn Law School.

Ep.131 – Panel on Unicorns

Thu, 04 Nov 2021 10:15:00 -0000

Four scholars join the Business Scholarship Podcast to discuss their recent work on unicorn startups. Abraham Cable, professor of law at the University of California Hastings, is the author of Time Enough for Counting: A Unicorn Retrospective; Alexander Platt, associate professor of law at the University of Kansas, is the author of Unicorniphobia; Matthew Wansley, assistant professor of law at Yeshiva University, is the author of Taming Unicorns; and Amy Deen Westbrook, professor of law at Washburn University, is the author of We('re) Working on Corporate Governance: Stakeholder Vulnerability in Unicorn Companies.

This episode is hosted by Andrew Jennings, assistant professor at Brooklyn Law School, with editing by Daniel Hamilton, a third-year student at Brooklyn Law School.

Ep.130 – Tom Gosling on CEO Pay

Thu, 21 Oct 2021 11:15:42 -0000

Tom Gosling, executive fellow of finance at the London Business School, joins the Business Scholarship Podcast to discuss his article CEO Compensation: Evidence From the Field, which he co-authored with Alex Edmans of the London Business School and Dirk Jenter of the London School of Economics. In their article, Gosling and his co-authors conduct an interview-based field study of public-company directors and investors on how boards set CEO compensation and under what constraints they make those decisions.

This episode is hosted by Andrew Jennings, assistant professor at Brooklyn Law School, with editing by Daniel Hamilton, a third-year student at Brooklyn Law School.

Ep.129 – Harwell Wells on Civil-Rights Shareholder Activism

Thu, 14 Oct 2021 11:40:00 -0000

Harwell Wells, professor of law at Temple University, joins the Business Scholarship Podcast to discuss his article Shareholder Meetings and Freedom Rides: The Story of Peck v Greyhound. In this article, Wells recounts the efforts of Bayard Rustin and James Peck to use the proxy rules and their purchase of Greyhound shares to protest the bus company’s segregationist policies. These efforts were ultimately thwarted, Wells explains, by the SEC’s re-writing of the proxy rules to undermine civil-rights shareholder activism.

This episode is hosted by Andrew Jennings, assistant professor at Brooklyn Law School, with editing by Daniel Hamilton, a third-year student at Brooklyn Law School.

Ep.128 – Afra Afsharipour on Women & M&A

Thu, 07 Oct 2021 10:20:37 -0000

Afra Afsharipour, professor of law at the University of California, Davis, joins the Business Scholarship Podcast to discuss her article Women and M&A. In this empirical study Afsharipour highlights the dearth of women among lead lawyers in the largest public-company M&A deals. She relates this gap to prior literatures on board and executive gender diversity and proposes steps to help close it.

This episode is hosted by Andrew Jennings, assistant professor at Brooklyn Law School, with editing by Daniel Hamilton, a third-year student at Brooklyn Law School.

Ep.127 – Jeremy Kress on Bank Boards

Thu, 30 Sep 2021 11:07:39 -0000

Jeremy Kress, assistant professor of business law at the University of Michigan Ross School of Business, joins the Business Scholarship Podcast to discuss his article Who's Looking Out For The Banks?. Kress examines the risk of exploitation that national banks face when they are part of financial conglomerates whose nonbank affiliates might seek to benefit from banking subsidies. He locates this risk in director overlap between the boards of banks and their parent companies and proposes reforms to bolster the independence of bank subsidiaries’ boards.

This episode is hosted by Andrew Jennings, assistant professor at Brooklyn Law School.

Ep.126 – Colleen Honigsberg on Broker Recidivism

Tue, 14 Sep 2021 10:23:00 -0000

Colleen Honigsberg, associate professor of law at Stanford University, joins the Business Scholarship Podcast to discuss her article Deleting Misconduct: The Expungement of BrokerCheck Records, which she co-authored with Matthew Jacob. In the article Honigsberg examines 6,660 requests for expungement of alleged misconduct by securities brokers, including what those requests and their outcomes mean for brokers’ subsequent careers and recidivism risk.

This episode is hosted by Andrew Jennings, assistant professor at Brooklyn Law School.

Ep.125 – Steven Boivie & Scott Graffin on the Role of Directors

Tue, 07 Sep 2021 11:25:41 -0000

Steven Boivie, professor at Texas A&M University Mays Business School, and Scott Graffin, professor at the University of Georgia Terry College of Business, join the Business Scholarship Podcast to discuss their article Corporate Directors' Implicit Theories of the Roles and Duties of Boards. In this interview-based study, Boivie and Graffin, along with co-authors Michael Withers and Kevin Corley, find that contrary to agency-cost theory, corporate directors view their role as supporting, not monitoring, management.

This episode is hosted by Andrew Jennings, assistant professor at Brooklyn Law School.

Ep.124 – Rebecca Jarvis on the Trial of Elizabeth Holmes

Mon, 30 Aug 2021 10:33:00 -0000

Rebecca Jarvis, ABC News Chief Business, Technology & Economics Correspondent and host of The Dropout podcast, joins the Business Scholarship Podcast to discuss what to expect in the criminal trial of former Theranos founder and CEO Elizabeth Holmes.

This episode is hosted by Andrew Jennings, assistant professor at Brooklyn Law School.

Ep.123 – Christina Sautter & Sergio Grammito Ricci on Retail Investors

Thu, 19 Aug 2021 10:28:32 -0000

Christina Sautter, professor of law at Louisiana State University, and Sergio Gramitto Ricci, lecturer at Monash University, join the Business Scholarship Podcast to discuss their article Corporate Governance Gaming: The Power of Retail Investors. Sautter and Grammito Ricci identify the rise of wireless investors, a cohort of Millennial and Gen Z investors who seek community and emphasize environmental, social, and governance factors. This new kind of investor is poised to shake up corporate governance, they explain, as seen in the “meme stock” phenomenon and growing retail-shareholder bases at companies favored by wireless investors.

This episode is hosted by Andrew Jennings, assistant professor at Brooklyn Law School.

Ep.122 – Eliot Brown on WeWork

Tue, 17 Aug 2021 10:33:00 -0000

Eliot Brown, a reporter at the Wall Street Journal, joins the Business Scholarship Podcast to discuss his book The Cult of We: WeWork, Adam Neumann, and the Great Startup Delusion, which he co-authored with fellow reporter Maureen Farrell.

This episode is hosted by Andrew Jennings, assistant professor at Brooklyn Law School. Special thanks to Ann Lipton, associate professor at Tulane Law School, and Anat Alon-Beck, assistant professor of law at Case Western Reserve University, for invaluable feedback.

Ep.121 – Christine Abely on Consumer Debt and Judgment Interest

Thu, 12 Aug 2021 10:33:00 -0000

Christine Abely, faculty fellow at New England Law Boston, joins the Business Scholarship Podcast to discuss her article Adjusting Pre- and Post-Judgment Interest Rates for Consumer Debt Collection Actions. In this article Abely explains that fixed statutory rates for pre- and post-judgement interest can result in windfalls for creditors that come at the expense of consumer debtors. Because consumers often cannot hedge against this risk—as non-consumer judgment debtors can—Abely recommends legislative reforms to protect consumers from paying above-market judgment interest rates.

This episode is hosted by Andrew Jennings, assistant professor at Brooklyn Law School.

Ep.120 – Andrea Fried on Standards

Tue, 10 Aug 2021 10:33:00 -0000

Andrea Fried, associate professor at Linköping University, joins the Business Scholarship Podcast to discuss her book Understanding Deviance in a World of Standards. In the book Fried and co-authors explore the rise of standards and standardization across global industries, standardization’s effects on innovation, and the negative and positive aspects of organizational deviation from standards.

This episode is hosted by Andrew Jennings, assistant professor at Brooklyn Law School.

Ep.119 – Julian Arato on International Corporate Law

Thu, 05 Aug 2021 10:05:00 -0000

Julian Arato, professor of law at Brooklyn Law School, joins the Business Scholarship Podcast to discuss his article The Elastic Corporate Form in International Law. In this article, Arato confronts a tendency by arbitral panels in investor-state disputes to reach decisions that are inconsistent with domestic corporate laws. Examples include allowing shareholders to press claims for third-party harms to a corporation, something domestic laws ordinarily do not permit. This practice, Arato explains, could increase the cost of capital and thus undermine investment treaties’ goal of fostering efficient investment.

This episode is hosted by Andrew Jennings, assistant professor at Brooklyn Law School.

Ep.118 – Amelia Miazad on Prosocial Antitrust

Thu, 29 Jul 2021 10:33:00 -0000

Amelia Miazad, faculty director of the Business in Society Institute at UC Berkeley, joins the Business Scholarship Podcast to discuss her article Prosocial Antitrust. Miazad argues that antitrust agencies should become more accommodating to collaboration between competitors in areas of systemic risk, like climate change and environmental protection. Such collaborations could be especially compelling, Miazad explains, if the negative externalities they mitigate are greater than any reductions in consumer welfare.

This episode is hosted by Andrew Jennings, assistant professor at Brooklyn Law School.

Ep.117 – Patrick Bolton, Mitu Gulati & Ugo Panizza on Sovereign Debt Crises

Thu, 22 Jul 2021 10:33:00 -0000

Patrick Bolton, professor of business at Columbia University; Mitu Gulati, professor of law at the University of Virginia; and Ugo Panizza, professor of international economics at the Graduate Institute Geneva, join the Business Scholarship Podcast to discuss their article Legal Air Cover. In the article, the authors consider the impact of the COVID-19 pandemic on emerging-market sovereign debt, the risk of concurrent sovereign-debt crises, and potential interventions for managing that scenario.

This episode is hosted by Andrew Jennings, assistant professor at Brooklyn Law School.

Ep.116 – Elisabeth de Fontenay and Eric Talley on Mistaken Payments

Thu, 15 Jul 2021 10:26:45 -0000

Elisabeth de Fontenay, professor of law at Duke University and Eric Talley, professor of law at Columbia University, join the Business Scholarship Podcast to discuss Citibank’s mistaken payment of $900M to Revlon lenders, the resulting litigation, and the implications for the future of New York commercial and contract law. De Fontenay is the author of The $900 Million Mistake: In re Citibank August 11, 2020 Wire Transfers (S.D.N.Y. Feb. 16, 2021) and Talley is the organizer of a scholars’ amicus brief in the Second Circuit appeal of the case.

This episode is hosted by Andrew Jennings, assistant professor at Brooklyn Law School.

Ep.115 – John Coyle on Cruise Contracts

Thu, 08 Jul 2021 10:33:00 -0000

John Coyle, professor of law at the University of North Carolina, joins the Business Scholarship Podcast to discuss his article Cruise Contracts, Public Policy, and Foreign Forum Selection Clauses, which examines how cruise companies embed forum-selection and choice-of-law clauses in their tickets in an effort to avoid federal law barring damages caps for injured passengers.

This episode is hosted by Andrew Jennings, assistant professor at Brooklyn Law School.

Ep.114 – Leandra Lederman on the Fraud Triangle and Tax Evasion

Thu, 01 Jul 2021 10:33:00 -0000

Leandra Lederman, professor of tax law at Indiana University Bloomington, joins the Business Scholarship Podcast to discuss her article The Fraud Triangle and Tax Evasion. Lederman uses the fraud triangle, a well-studied topic in the accounting literature that is often missing in other contexts, to frame and examine tax fraud and compliance.

This episode is hosted by Andrew Jennings, assistant professor at Brooklyn Law School.

Ep.113 – Benjamin Means on Business Succession and King Lear

Tue, 22 Jun 2021 10:12:00 -0000

Benjamin Means, professor of law at the University of South Carolina, joins the Business Scholarship Podcast to discuss his article Solving the 'King Lear Problem', which recasts the story of King Lear as a case study on business succession, corporate governance, and fiduciary duty.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.112 – Steven Dean on Tax Havens

Thu, 10 Jun 2021 10:33:00 -0000

Steven Dean, professor of law at Brooklyn Law School, joins the Business Scholarship Podcast to discuss Ten Truths About Tax Havens: Inclusion and the ‘Liberia’ Problem and A Plea to President Biden to Stop Perpetuating Racist Tax Policy. In these pieces, Dean challenges prevailing culture stories around tax non-compliance and the Global South and instead identifies opportunities for the Global North to address tax compliance without casting aspersions on majority Black and Brown jurisdictions.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.111 – Lawrence Cunningham on Quality Shareholders

Tue, 01 Jun 2021 10:33:00 -0000

Lawrence Cunningham, research professor of law at George Washington University, joins the Business Scholarship Podcast to discuss his articles The Case for Empowering Quality Shareholders and Ask the Smart Money: Shareholder Votes by a "Majority of the Quality Shareholders". In these articles, Cunningham examines the unique role that "quality shareholders"—concentrated, long-term investors—can play compared to indexed or transient investors. In considering these three cohorts, he concludes that majority-of-the-minority voting for conflicted corporate transactions is often inadequate to the purpose. As a private-ordering solution to this problem, Cunningham proposes that boards adopt majority-of-the-quality-shareholder voting, as well.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.110 – Anita Krug on Temporary Securities Regulation

Tue, 25 May 2021 10:33:00 -0000

Anita Krug, dean and professor of law at Chicago-Kent College of Law, joins the Business Scholarship Podcast to discuss her article Temporary Securities Regulation. Krug presents case studies of SEC temporary rulemaking in times of crisis, including those made in the aftermath of the 9-11 attacks and at the outset of the COVID-19 pandemic. Drawing on these case studies, she proposes that temporary rulemaking could encourage salutary regulatory experimentation. She cautions, however, that crisis rulemaking risks curtailing investor protections just when they are needed most.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.109 – Richard Gentry, Timothy Quigley & Steven Boivie on CEO Turnover

Thu, 20 May 2021 10:33:00 -0000

Richard Gentry, associate professor at the University of Mississippi; Timothy Quigley, associate professor at the University of Georgia; and Steven Boivie, professor at Texas A&M University, join the Business Scholarship Podcast to discuss their article A Database of CEO Turnover and Dismissal in S&P 1500 Firms, 2000–2018, which was co-authored with Joseph Harrison. The authors identify accuracy and efficiency gaps in existing CEO-succession datasets and research. To address these gaps, they produce an open-source, documented dataset of CEO turnover and dismissals at S&P 1500 firms and demonstrate their dataset's potential use in future CEO-succession studies.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.108 – Samantha Prince on Worker Classification

Tue, 18 May 2021 15:00:00 -0000

Samantha Prince, associate professor of lawyering skills and entrepreneurship at Penn State Dickinson Law, joins the Business Scholarship Podcast to discuss her article The AB5 Experiment – Should States Adopt California’s Worker Classification Law?. Prince introduces the high stakes involved for workers, employers, and governments in classifying workers as employees or independent contractors. She presents a case study of California's new classification law, AB5, and successive rounds of political pushback and revision it has prompted. This case study, Prince explains, exemplifies experimental federalism and offers learnings for policymakers in other states.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.107 – Roberta Karmel on Securities Regulation (Part II)

Tue, 11 May 2021 10:33:00 -0000

Roberta Karmel, professor of law at Brooklyn Law School, joins the Business Scholarship Podcast to discuss her career as a securities scholar, teacher, practitioner, and regulator. This episode is the second in a two-part series and covers Karmel's scholarship, views on securities policy, advice to scholars and new SEC chair Gary Gensler, and perspectives on teaching.

The first episode in the series focuses on Karmel's early career as an SEC enforcement attorney and supervisor, private practitioner, and SEC commissioner—the first woman to serve in that position—and her transition to legal academia.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.106 – Roberta Karmel on Securities Regulation (Part I)

Tue, 04 May 2021 10:33:00 -0000

Roberta Karmel, professor of law at Brooklyn Law School, joins the Business Scholarship Podcast to discuss her career as a securities scholar, teacher, practitioner, and regulator. This episode is the first in a two-part series and covers Karmel's early career as an SEC enforcement attorney and supervisor, private practitioner, and SEC commissioner—the first woman to serve in that position—and her transition to legal academia. The next episode focuses on Karmel's scholarship, views on securities policy, and perspectives on teaching.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.105 – Roy Shapira on a New Caremark Era

Thu, 29 Apr 2021 19:45:00 -0000

Roy Shapira, associate professor at IDC Herzliya, joins the Business Scholarship Podcast to discuss his article A New Caremark Era: Causes and Consequences. Shapira observes that Delaware's Caremark doctrine, which has long imposed compliance duties on boards without much opportunity for shareholders to bring related claims, has entered a new era in a recent quartet of cases. He predicts that this turn of Caremark claims surviving motions to dismiss is the result of parallel developments around shareholders' Section 220 inspection rights. Shapira closes by highlighting the potential for a "new" Caremark to complement other compliance-enforcement mechanisms.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.104 – Cathy Hwang & Yaron Nili on Cleaning Corporate Governance

Thu, 22 Apr 2021 10:33:00 -0000

Cathy Hwang, professor of law at the University of Virginia, and Yaron Nili, assistant professor of law at the University of Wisconsin, join the Business Scholarship Podcast to discuss their article Cleaning Corporate Governance, which is co-authored with Jens Frankenreiter and Eric Talley. In this article the authors recreate a dataset of public-company charters on which numerous empirical studies have been based, finding a roughly 80% error rate in the prior data. The authors demonstrate the uses of their new dataset with a replication study of Corporate Governance and Equity Prices, a foundational work in empirical corporate governance.

The dataset and its underlying documents are freely available at publiccompanycharters.com.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.103 – Carliss Chatman on Corporate Family Matters

Thu, 15 Apr 2021 10:33:00 -0000

Carliss Chatman, associate professor of law at Washington & Lee University, joins the Business Scholarship Podcast to discuss her article Corporate Family Matters. In this article Chatman observes that contemporary large businesses operate through entity networks. She explains that siloed entities within such "corporate families" could facilitate organizational misconduct. To address this problem, she proposes a state-law definition of corporate families applicable to materiality judgments, reporting obligations, and conflicts of interest.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.102 – Sadie Blanchard on Contracts Without Courts or Clans

Tue, 13 Apr 2021 10:33:00 -0000

Sadie Blanchard, associate professor of law at the University of Notre Dame, joins the Business Scholarship Podcast to discuss her article Contracts Without Courts or Clans: How Business Networks Govern Exchange. In this article Blanchard explains that under some conditions contracts can be formed and successfully carried out without enforcement by public courts or tight-knit social groups. She presents a case study of the reinsurance trade circa 1980 to demonstrate this point, which shows that the reinsurance industry long thrived on an international basis that did not require judicial or localized reputational enforcement.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.101 – Grant Hayden and Matthew Bodie on Codetermination

Tue, 06 Apr 2021 10:33:00 -0000

Grant Hayden, professor of law at Southern Methodist University, and Matthew Bodie, professor of law at Saint Louis University, join the Business Scholarship Podcast to discuss their article Codetermination in Theory and Practice. In this article, Hayden and Bodie reexamine the literature on codetermination—the inclusion of workers in high-level corporate policymaking—and explain why it deserves a fresh look in an era of challenges to the shareholder-primacy model of corporate governance.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.100 – Dorothy Lund and Elizabeth Pollman on the Corporate-Governance Machine

Tue, 30 Mar 2021 10:33:00 -0000

Dorothy Lund, assistant professor of law the University of Southern California, and Elizabeth Pollman, professor of law at the University of Pennsylvania, join the Business Scholarship Podcast to discuss their article The Corporate Governance Machine. In this article, Lund and Pollman identify the origins of the term "corporate governance" and explain corporate governance's emergence as a shareholder-focused system supported by law, markets, and culture. This system, the authors find, has served to arrest the development of and innovations in corporate governance and law.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.99 – Elizabeth Tippett on Enslaved Agents

Thu, 25 Mar 2021 10:33:00 -0000

Elizabeth Tippett, associate professor of law at the University of Oregon, joins the Business Scholarship Podcast to discuss her article Enslaved Agents: Business Transactions Negotiated by Slaves in the Antebellum South. In this article, Tippett analyzes 18th- and 19th-century judicial decisions that spotlight the historical practice of enslaved workers serving as business agents to slaveholders. This analysis, she explains, sheds new light on the legal-economic history of slavery and the law of agency.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.98 – Edmund Schuster on Blockchain Hype

Thu, 18 Mar 2021 10:33:00 -0000

Edmund Schuster, associate professor of corporate law at the London School of Economics, joins the Business Scholarship Podcast to discuss his article Cloud Crypto Land. In this article, Schuster explains why enthusiasm around blockchain and smart-contract technologies must confront rule-of-law concerns that would make their application to new legal and economic use-cases doubtful. Instead, he argues, these technologies should not be expected to meaningfully expand outside the realm of cryptocurrency.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.97 – Michael Klausner on SPACs

Thu, 11 Mar 2021 19:14:00 -0000

Michael Klausner, professor of business and law at Stanford University, joins the Business Scholarship Podcast to discuss his article A Sober Look at SPACs, which was written with co-authors Michael Ohlrogge and Emily Ruan. In this paper, Klausner and his co-authors conduct an empirical examination of special-purpose acquisition companies (SPACs), finding that in their sample period SPAC structures created $3.60 in dilution per $10 raised in SPACs' initial public offerings. The authors explain how this result is partly driven by current U.S. securities regulation and recommend reforms to address differential regulatory treatment of SPACs and traditional IPOs.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.96 – Sarah Haan on the Feminization of Capital

Tue, 09 Mar 2021 11:33:00 -0000

Sarah Haan, professor of law at Washington & Lee University, joins the Business Scholarship Podcast to discuss her article Corporate Governance and the Feminization of Capital. In this legal history, Haan shows that in the first half of the twentieth century, women were a significant share of stockholders in the public markets and were a majority in some firms. She then connects this feminization of capital to early corporate theory and examines how gendered stereotypes of women shareholders influenced the rise of institutional investing.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.95 – Charlotte Haendler and Rawley Heimer on Financial-Services Complaints

Thu, 04 Mar 2021 11:33:00 -0000

Charlotte Haendler, a PhD student in finance at Boston College, and Rawley Heimer, an assistant professor of finance at Boston College, join the Business Scholarship Podcast to discuss their article The Financial Restitution Gap in Consumer Finance: Insights from Complaints Filed with the CFPB. In this paper, Haendler and Heimer use data from customer complaints submitted to the Consumer Financial Protection Bureau to examine how financial-services providers treat customers of different socioeconomic statuses. After finding racial and income gaps in the likelihood that complaints result in restitution, the authors examine potential mechanisms, including financial industry reaction to changing presidential administrations.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.94 – Charles McClure on Disclosure and Managerial Learning

Tue, 02 Mar 2021 11:33:00 -0000

Charles McClure, assistant professor of accounting at the University of Chicago, joins the Business Scholarship Podcast to discuss his paper Disclosure Processing Costs and Market Feedback Around the World, which was written with co-authors Shawn Shi and Edward Watts. In this paper, McClure and his co-authors exploit international introductions of centralized electronic disclosure systems, like the SEC's EDGAR database, to examine how disclosure technologies affect managers' learning from securities prices and investors' information processing.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.93 – Amanda Dixon, Madison Sherrill & Hadar Tanne on Willful Breach in M&A

Tue, 23 Feb 2021 11:33:00 -0000

Amanda Dixon, Madison Sherrill, and Hadar Tanne, students at Duke University School of Law, join the Business Scholarship Podcast to discuss their article Damages as a Function of Fault: Willful Breach in M&A Contracts, which was written with co-authors Theresa Arnold and Mitu Gulati. In this article, Dixon, Sherrill, and Tanne investigate why sophisticated parties incorporate the concept of willful non-performance into contracts despite the black-letter doctrine that contract law follows strict liability for breaches.

This article is the third by the Duke contracts group. Their prior papers are The Myth of Optimal Expectation Damages and 'Lipstick on a Pig': Specific Performance Clauses in Action.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.92 – Gregory Burke on SEC Staff and Shareholder Proposals

Tue, 16 Feb 2021 11:33:00 -0000

Gregory Burke, a PhD student in accounting at Duke University, joins the Business Scholarship Podcast to discuss his paper SEC Rule 14a-8 Shareholder Proposals: No-Action Requests, Determinants, and the Role of SEC Staff. In this paper, Burke examines shareholder proposals submitted by firms to the SEC's Division of Corporation Finance for no-action relief. He tests whether four determinants (legal characteristics, pressure, proposal attributes, and individual staff) are associated with higher probabilities of no-action relief being granted and finds that there are statistically significant associations for each.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.91 – Laura Coordes on Bespoke Bankruptcy

Thu, 11 Feb 2021 11:33:00 -0000

Laura Coordes, associate professor of law at Arizona State University, joins the Business Scholarship Podcast to discuss her article Bespoke Bankruptcy. This article considers instances in which debtors require bankruptcy-like protections despite not fitting within the Bankruptcy Code's existing chapters. Coordes offers examples of how Congress addresses these scenarios through "bespoke bankruptcy" provisions, which she concludes sometimes fill important needs even as they raise new concerns about the nature of bankruptcy law.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.90 – Emily Strauss on Everything as Securities Fraud

Thu, 04 Feb 2021 11:33:00 -0000

Emily Strauss, clinical professor of law at Duke University, joins the Business Scholarship Podcast to discuss her article Is Everything Securities Fraud?. In this article, Strauss analyzes the extent to which corporate harms to non-shareholders—such as victims of oil spills, tainted medicines, or defective automobiles—come to serve as the basis for securities litigation. Based on her findings, she concludes that this event-driven securities litigation could have deterrent effects but is likely a suboptimal mechanism for mitigating harms to non-shareholder victims of corporate misconduct.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.89 – Asaf Raz on Arbitration and Corporate Law

Tue, 02 Feb 2021 11:30:00 -0000

Asaf Raz, a research fellow at the University of Pennsylvania Carey Law School, joins the Business Scholarship Podcast to discuss his article Mandatory Arbitration and the Boundaries of Corporate Law. In this article, Raz considers whether case developments point toward mandatory arbitration clauses being incorporated into corporate charters and bylaws, which he predicts would have a negative impact on corporate governance. He further examines whether a contractarian view of the corporation—which, under the Federal Arbitration Act, could justify such provisions—should hold or whether corporate law should be viewed as a distinct body of law.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.88 – Kish Parella on Business and Human Rights

Thu, 28 Jan 2021 11:23:00 -0000

Kish Parella, associate professor of law at Washington & Lee University, joins the Business Scholarship Podcast to discuss her works Improving Social Compliance in Supply Chains and Compliance as an Exchange of Legitimacy for Influence. In these works, Parella examines the legal institutions and reputational mechanisms that foster human-rights compliance by transnational enterprises, as well as how that compliance might be influenced by developments like the draft UN business-and-human-rights treaty.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.87 – Carlos Berdejó on Financing Minority Entrepreneurship

Thu, 21 Jan 2021 11:33:00 -0000

Carlos Berdejó, professor of law at Loyola Law School, joins the Business Scholarship Podcast to discuss his article Financing Minority Entrepreneurship. In this article, Berdejó examines barriers faced by minority-owned businesses and frames information asymmetry as a cause of racial disparities in entrepreneurship. He also uses this framework in explaining why policy interventions designed to foster minority-owned businesses have failed to correct those disparities.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.86 – Anat Alon-Beck on Alternative Venture Capital

Thu, 14 Jan 2021 11:22:00 -0000

Episode Notes

Anat Alon-Beck, assistant professor of law at Case Western Reserve University, joins the Business Scholarship Podcast to discuss her article Alternative Venture Capital: The New Unicorn Investors. In this article, Alon-Beck examines the emergence of "alternative" venture capitalists—including family offices, high-net-worth individuals, and sovereign-wealth funds—and how their participation in financing affects governance arrangements in high-growth unicorn startups.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School. here

Ep.85 – Biden Symposium: Enforcement & Policing

Mon, 04 Jan 2021 11:25:00 -0000

Miriam Baer, professor of law at Brooklyn Law School; Jacob Elberg, associate professor of law at Seton Hall University; and Karen Woody, associate professor of law at Washington & Lee University, join the Business Scholarship Podcast to discuss Enforcement & Policing as part of the Financial and Corporate Regulation in the Biden Administration symposium.

Related to the panel conversation, Baer is the author of Compliance Elites and Sorting Out White-Collar Crime; Elberg is the author of A Path to Data-Driven Health Care Enforcement and Health Care Fraud Means Never Having to Say You're Sorry.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.84 – Biden Symposium: Corporate Power

Mon, 04 Jan 2021 11:24:00 -0000

Carliss Chatman, associate professor of law at Washington & Lee University; Anthony Michael Kreis, assistant professor of law at Georgia State University; and Barak Richman, professor of law at Duke University, join the Business Scholarship Podcast to discuss Corporate Power as part of the Financial and Corporate Regulation in the Biden Administration symposium.

Related to the panel conversation, Chatman is the author of Corporate Family Matters; Richman is the author of Stateless Commerce: The Diamond Network and the Persistence of Relational Exchange and How to Save Democracy From Technology: Ending Big Tech’s Information Monopoly.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.83 – Biden Symposium: Consumer Protection & Finance

Mon, 04 Jan 2021 11:23:00 -0000

Christopher Odinet, professor of law at the University of Iowa; Nitzan Packin, associate professor at Baruch College Zicklin School of Business; and Spencer Williams, associate professor of law at Golden Gate University, join the Business Scholarship Podcast to discuss Consumer Protection & Finance as part of the Financial and Corporate Regulation in the Biden Administration symposium.

Related to the panel conversation, Packin is the author of In Too-Big-To-Fail We Trust: Ethics and Banking in the Era of COVID-19 and Show Me the (Data About the) Money!.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.82 – Biden Symposium: Investor Protection & Corporate Finance

Mon, 04 Jan 2021 11:22:00 -0000

Laura Posner, partner at Cohen Milstein Sellers & Toll PLLC; Jennifer Schulp, director of financial regulation studies at the Cato Institute's Center for Monetary and Financial Alternatives; and James Fallows Tierney, assistant professor at the University of Nebraska College of Law, join the Business Scholarship Podcast to discuss Investor Protection & Corporate Finance as part of the Financial and Corporate Regulation in the Biden Administration symposium.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.81 – Biden Symposium: Banking & Financial Regulation

Mon, 04 Jan 2021 11:21:00 -0000

Gina-Gail Fletcher, professor of law at Duke University; Christina Skinner, assistant professor of legal studies and business ethics at the University of Pennsylvania's Wharton School; and Kurt Wolfe, an associate at Troutman Pepper Hamilton Sanders LLP, join the Business Scholarship Podcast to discuss Banking & Financial Regulation as part of the Financial and Corporate Regulation in the Biden Administration symposium.

Related to the panel conversation, Skinner is the author of Regulating Nonbanks: A Plan for SIFI Lite, Nonbank Credit, and Central Banks and Climate Change.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.80 – Suneal Bedi and William Marra on Litigation Finance

Tue, 15 Dec 2020 11:19:00 -0000

Suneal Bedi, assistant professor of business law and ethics at Indiana University's Kelley School of Business, and William Marra, investment manager at Validity Finance, LLC, join the Business Scholarship Podcast to discuss their article The Shadows of Litigation Finance. In their article, Bedi and Marra present a normative framework for analyzing litigation finance's welfare effects, including its effects on pre-dispute contracting and commercial behavior.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.79 – Felix Chang on Ethnically Segmented Markets

Tue, 01 Dec 2020 11:15:00 -0000

Felix Chang, professor of law at the University of Cincinnati, joins the Business Scholarship Podcast to discuss his article Ethnically Segmented Markets. In this article, Chang introduces the concept of ethnically segmented and misaligned markets (ESMs)–markets in which buyers and sellers are members of distinct ethnic communities–through a case study of the market for wigs and hair extensions. He observes that ESMs can be partly understood in terms of antitrust, and that they present challenges to antitrust doctrine and raise questions for interethnic equity and relations.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.78 – Yaron Nili and Kobi Kastiel on Corporate Gadflies

Tue, 17 Nov 2020 11:08:00 -0000

Yaron Nili, assistant professor of law at the University of Wisconsin, and Kobi Kastiel, assistant professor of law at Tel Aviv University, join the Business Scholarship Podcast to discuss their article The Giant Shadow of Corporate Gadflies. In this article Nili and Kastiel examine the work of a handful of retail investors who frequently submit shareholder proposals, a group they dub "corporate gadflies." After presenting empirical findings on how gadflies influence corporate governance, Nili and Kastiel consider policy and regulatory implications for gadflies' work.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.77 – Jenifer Varzaly on Australian Securities Enforcement

Wed, 11 Nov 2020 11:00:00 -0000

Jenifer Varzaly, assistant professor of commercial and corporate law at Durham University, joins the Business Scholarship Podcast to discuss her article The Effectiveness of Disclosure Law Enforcement in Australia. In this article, Varzaly introduces novel datasets for disclosure-based public and private securities enforcement in Australia. In considering the joint effects of these enforcement modalities, she concludes that Australia has a moderately effective securities-enforcement system and identifies areas for improvement.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.76 – Christina Skinner on Presidential Financial Regulation

Tue, 27 Oct 2020 10:01:00 -0000

Christina Skinner, assistant professor of legal studies and business ethics at the University of Pennsylvania's Wharton School, joins the Business Scholarship Podcast to discuss her article Presidential Pendulums in Finance. In this article, Skinner reviews the emerging role of the presidency in financial regulation, an area that was long the preserve of congressional and agency policymaking. After introducing evidence for presidential involvement in financial regulation, Skinner discusses the normative and pragmatic implications for this involvement on business cycles.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.75 – Ramsi Woodcock on Antitrust Skepticism

Tue, 20 Oct 2020 10:20:00 -0000

Ramsi Woodcock, assistant professor of law at the University of Kentucky, joins the Business Scholarship Podcast to discuss his article The Market as a Learning Algorithm: Consequences for Regulation and Antitrust. In this article, Woodcock questions the Chicago School's reliance on skepticism and the metaphor of evolutionary biology to undermine pre-1970s antitrust enforcement. Rather than the evolutionary metaphor, he explains that machine learning more aptly describes how antitrust and other forms of economic regulation can foster social advancement and guard against social predation.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.74 – Brando Cremona and Maria Passador on Comparative Shareholder Activism

Tue, 06 Oct 2020 10:24:00 -0000

Brando Cremona, a PhD candidate at Bocconi University, and Maria Passador, an academic fellow at Bocconi University, join the Business Scholarship Podcast to discuss their recent article Shareholder Activism Today: Did Barbarians Storm the Gate?. In this article, Cremona and Passador trace the rise of shareholder activism in a comparative analysis of its practice and effects in the United States and European jurisdictions.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.73 – Sean Griffith and Abraham Cable on Deal Insurance

Thu, 24 Sep 2020 10:15:00 -0000

Sean Griffith, professor of law at Fordham University, and Abraham Cable, professor of law at UC Hastings, join the Business Scholarship Podcast to discuss their recent works on representation-and-warranty insurance in mergers and acquisitions. Griffith is the author of Deal Insurance: Representation & Warranty Insurance in Mergers and Acquisitions. Cable is the author of Comment on Griffith’s Deal Insurance: The Continuing Scramble Among Professionals.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.72 – Spencer Williams on Contracts as Systems

Tue, 15 Sep 2020 10:20:00 -0000

Spencer Williams, associate professor of law at Golden Gate University, joins the Business Scholarship Podcast to discuss his article Contracts as Systems. In this article, Williams considers complex-systems theory, which has its origins in fields like engineering, computer science, ecology, and economics, and extends it to contracts. In doing so he adds to a literature challenging reductionist interpretation of contract terms and offers a new account of contractual complexity that turns on interactions between individual contract terms.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.71 – David Hoffman and Cathy Hwang on the Social Cost of Contract

Tue, 08 Sep 2020 10:00:00 -0000

David Hoffman, professor of law at the University of Pennsylvania, and Cathy Hwang, professor of law at the University of Virginia, join the Business Scholarship Podcast to discuss their essay The Social Cost of Contract. In their essay, Hoffman and Hwang examine when unexpected changes would cause contracts, if performed, to produce intolerable public costs, such as when epidemics and pandemics render contracts too dangerous to perform. Hoffman and Hwang then apply a contract-law anti-canon to predict how courts would enforce such contracts and how parties should renegotiate under the shadow of courts' likely enforcement behavior.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.70 – Afra Afsharipour on Bias, Identity, and M&A

Tue, 01 Sep 2020 10:14:00 -0000

Afra Afsharipour, professor of law at UC Davis, joins the Business Scholarship Podcast to discuss her essay Bias, Identity and M&A. In this essay, Afsharipour considers the non-value maximizing behavioral biases that can influence M&A activity, with a particular focus on senior management and a board's ability to monitor senior management in the deal process. As part of this discussion, Afsharipour reviews recent empirical research on the relationship between management identity and M&A behavior.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.69 – Eldar Maksymov & Matthew Ege on Audit Quality and M&A

Thu, 27 Aug 2020 10:19:00 -0000

Eldar Maksymov, assistant professor at Arizona State University W.P. Carey School of Business, and Matthew Ege, assistant professor at Texas A&M University Mays Business School, join the Business Scholarship Podcast to discuss their paper The Revival of Large Consulting Practices at the Big 4 and Audit Quality. In their paper, Maksymov, Ege, and their co-authors Dain Donelson and Andy Imdieke, use a multi-method approach to assess whether mergers and acquisitions of consulting firms by audit firms have positive or negative effects on the quality of audits conducted by the acquiring firms.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.68 – Aisha Saad on Corporate Waqfs

Tue, 25 Aug 2020 10:28:00 -0000

Aisha Saad, research scholar in law and Bartlett Research Fellow at Yale Law School, joins the Business Scholarship Podcast to discuss her recent article The Corporate Waqf in Law and Practice. In this article, Saad discusses the share waqf as a contemporary form of the waqf, a trust-like entity in Islamic law used for carrying out charitable purposes. Unlike waqfs that hold real estate or cash, share wafs hold significant, even controlling, stakes in firms. In offering case studies of corporate waqfs in Turkey, India, and Malaysia, Saad draws comparisons to northern European foundations. Together, these two institutions challenge agency-cost theory and U.S. concepts of corporate governance.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.67 – Aditi Bagchi on Interpreting Boilerplate

Thu, 13 Aug 2020 10:29:00 -0000

Aditi Bagchi, professor of law at Fordham University, joins the Business Scholarship Podcast to discuss her recent essay Risk Averse Contract Interpretation. In this essay, Bagchi argues that boilerplate does not require its own doctrine of contract interpretation, but rather it should incorporate external references in an approach that defies both interpretive contextualism and formalism.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.66 – Blair Bullock on Harassment Retaliation

Thu, 06 Aug 2020 10:23:00 -0000

Blair Bullock, visiting assistant professor of law at Tulane University, joins the Business Scholarship Podcast to discuss her forthcoming article Uncovering Harassment Retaliation. In this article, Bullock identifies gaps in employment law's protection of workers who report workplace harassment. Bullock then provides novel empirical results showing that reporting harassment by a supervisor increases the probability that a worker also reports retaliation. She closes the article with a call to close gaps in retaliation coverage that could enable employers to take action against those who report harassment.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.65 – Benjamin Edwards on Broker Complaints

Tue, 28 Jul 2020 10:21:00 -0000

Benjamin Edwards, associate professor of law at the University of Nevada, Las Vegas, joins the Business Scholarship Podcast to discuss his forthcoming article Adversarial Failure. In this article, Edwards examines the expungement process used by brokers to secure removal of customer complaints from their public records. He questions whether this process is sufficiently adversarial to protect the interests of the investing public and state regulators and offers recommendations for reform.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.64 – Anat Alon-Beck on Human Capital and Corporate Governance

Tue, 21 Jul 2020 10:22:00 -0000

Anat Alon-Beck, assistant professor of law at Case Western Reserve University, joins the Business Scholarship Podcast to discuss her essay Times They Are a-Changin': When Tech Employees Revolt!. In this essay, Alon-Beck reviews recent activism by employees in the tech industry along with responses from firms' leadership. In doing so, she uses employee activism as a frame for investigating the significance of human capital in the shareholder-versus-stakeholder debate.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.63 – Donna Nagy on the Story of Chiarella

Thu, 16 Jul 2020 10:17:00 -0000

Donna Nagy, professor of business law at Indiana University Bloomington's Maurer School of Law, joins the Business Scholarship Podcast to discuss her essay Chiarella v. United States and its Indelible Impact on Insider Trading Law. In this essay, Nagy presents an original oral history of the first insider-trading criminal prosecution in the United States. In providing this history, Nagy traces the central role of lawyers and lawyering in the development of Rule 10b-5 theory and practice.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.62 – Andrew Baker on Event Studies

Thu, 09 Jul 2020 10:22:00 -0000

Andrew Baker, academic fellow at Stanford University's Rock Center for Corporate Governance and a PhD candidate at Stanford's Graduate School of Business, joins the Business Scholarship Podcast to discuss his forthcoming article Machine Learning and Predicted Returns for Event Studies in Securities Litigation. In this article, Baker and co-author Jonah Gelbach identify limitations on single-firm event studies in securities litigation and offer methods to improve their accuracy and consistency across experts.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.61 – Andrew Verstein on Insider-Trading Motives

Tue, 07 Jul 2020 10:21:00 -0000

Andrew Verstein, professor of law at UCLA, joins the Business Scholarship Podcast to discuss his forthcoming article Mixed Motives Insider Trading. In this article, Verstein observes that individuals often have proper and improper motivations to trade securities (e.g., needing cash for a child's tuition while being in possession of material non-public information about bad financials results), which complicates liability analysis for insider trading. To resolve that complication, he proposes a mixed-motives approach that balances the need to hold illicit traders accountable with the need to permit labor-intense market research.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.60 – Saule Omarova on a National Investment Authority

Tue, 30 Jun 2020 10:22:00 -0000

Saule Omarova, professor of law at Cornell University, joins the Business Scholarship Podcast to discuss her proposal for a National Investment Authority (NIA), which she introduced in her article Private Wealth and Public Goods: A Case for a National Investment Authority and her white paper Why We Need a National Investment Authority. In these papers, Omarova discusses the potential for an NIA to be a long-term investing complement to the Federal Reserve's monetary role and the Treasury's fiscal role. In particular, she explains how an NIA could have mitigated the Covid-19 crisis and how it can help the nation navigate future crises.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.59 – Yonathan Arbel on Payday

Tue, 16 Jun 2020 10:13:00 -0000

Yonathan Arbel, assistant professor of law at the University of Alabama, joins the Business Scholarship Podcast to discuss his forthcoming article Payday. In this article, Arbel asks why workers wait weeks to receive their earned wages and offers an historical and structural account for the rise of the modern payday. He explains why the payday has the perverse effect of making workers short-term creditors to their employers. To avoid this effect, Arbel discusses means for transitioning from the payday to daily pay.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.58 – Miriam Baer on Compliance Elites

Tue, 09 Jun 2020 10:07:00 -0000

Miriam Baer, professor of law at Brooklyn Law School, joins the Business Scholarship Podcast to discuss her forthcoming article Compliance Elites. In this article, Baer evaluates the tendency of firms to hire "elite" chief compliance officers (CCOs) who have had successful prior careers in private law firms and government enforcement agencies. Although this practice does potentially signal a firm's commitment to its compliance function, Baer considers the risk that elite CCOs who have always been high performers may have "performance blind spots." These blind spots, in turn, could reduce elite CCOs' ability to assess whether performance results reflect, or performance goals encourage, fraud or other misconduct.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.57 – Mihailis Diamantis on a Corporate Insanity Defense

Thu, 04 Jun 2020 10:20:00 -0000

Mihailis Diamantis, associate professor of law at the University of Iowa, joins the Business Scholarship Podcast to discuss his forthcoming article The Corporate Insanity Defense. In this article, Diamantis complicates the respondeat superior doctrine of corporate criminal liability and considers whether a doctrine from individual prosecution–the insanity defense–could support more suitable responses to corporate crime and corporate-crime prevention.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.56 – Yerv Melkonyan on Reg BI and the States

Tue, 26 May 2020 10:11:00 -0000

Yerv Melkonyan, a student at Columbia Law School, joins the Business Scholarship Podcast to discuss his forthcoming note Regulation Best Interest and the State – Agency Conflict. In this note, Melkonyan considers the potential for conflicts between the SEC's new standard for broker-dealer conduct and standards adopted by the states, including whether and, if so, to what degree, state standards have been preempted by Regulation BI.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.55 – Ann Eisenberg on Rural America

Thu, 21 May 2020 10:30:00 -0000

Ann Eisenberg, assistant professor of law at the University of South Carolina, joins the Business Scholarship Podcast to discuss her forthcoming article Economic Regulation and Rural America. In this article, Eisenberg identifies a cycle of deregulation as leading to a decline in rural infrastructure and amenities. She explains, though, that rural America still has much to offer the nation, which recommends policy interventions to overcome rural diseconomies of scale.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.54 – Faith Stevelman on Information Governance

Tue, 19 May 2020 10:00:00 -0000

Faith Stevelman, professor of law at New York Law School, joins the Business Scholarship Podcast to discuss her forthcoming article Boards in Information Governance. In this article, Stevelman and co-author Sarah Haan explain why the paradigm of the "monitoring" board is challenged by secular economic and technological trends. In its place, they identify an emerging paradigm, "information governance," in which boards focus on the coordination and strategic management of information.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.53 – Megan Shaner on Corporate Officers

Thu, 14 May 2020 10:00:00 -0000

Megan Shaner, professor of law at the University of Oklahoma, joins the Business Scholarship Podcast to discuss her article The Corporate Chameleon. In this article, Shaner identifies the conceptual difficulty of identifying with certainty just who a corporation's "officers" are. In response to this difficulty, she proposes a prototype-centered definition of "officer" to aid courts, firms, and potential officers in making that assessment.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.52 – Alexander Platt on Piggyback Securities Litigation

Tue, 12 May 2020 09:00:00 -0000

Alexander Platt, Climenko Fellow and lecturer on law at Harvard Law School, joins the Business Scholarship Podcast to discuss his forthcoming article Gatekeeping in the Dark: SEC Control over Private Securities Litigation Revisited. In this article, Platt considers the potential for SEC enforcement actions to catalyze "piggyback" litigation by private plaintiffs. To mitigate the potential for nonoptimal combinations of public plus private enforcement, he calls on the SEC to use its existing authority to account for potential "piggyback" effects in its own enforcement activities.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.51 – Brian Frye on Selling Art

Thu, 07 May 2020 10:00:00 -0000

Brian Frye, associate professor of law at the University of Kentucky, joins the Business Scholarship Podcast to discuss his forthcoming article Against Deaccessioning Rules. In this article, Frye questions the bases for professional ethical rules that prohibit charitable art museums from selling works of art. Going further, as a matter of corporate governance, he explores situations in which museum directors may have a fiduciary duty to sell art, especially if doing so means the difference for the institution's survival.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.50 – Hilary Allen on Regulating Fintech

Tue, 05 May 2020 16:02:24 -0000

Hilary Allen, associate professor of law at American University, joins the Business Scholarship Podcast to discuss her essay Experimental Strategies for Regulating Fintech. In this essay, Allen reviews the challenges of regulating financial innovation and proposes that to keep up, agencies must themselves innovate and adopt new technologies to support their regulatory functions, a concept she dubs "SupTech."

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.49 – David Hoffman on Transactional Scripts

Tue, 28 Apr 2020 09:00:00 -0000

David Hoffman, professor of law at the University of Pennsylvania, joins the Business Scholarship Podcast to discuss his forthcoming article Transactional Scripts in Contract Stacks. In this article, Hoffman and co-author Shaanan Coheny take a critical view of "self-executing" contractual scripts, which they describe as still susceptible to long-standing contract problems and doctrines.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.48 – J.W. Verret & Gregory Shill on the 2020 Crisis and Congressional Insider Trading

Fri, 17 Apr 2020 05:27:55 -0000

J.W. Verret, associate professor of law at George Mason University, and Gregory Shill, associate professor of law at the University of Iowa, join the Business Scholarship Podcast to discuss the 2020 crisis and congressional insider trading. Verret is the author of Applying Insider Trading Law to Congressmen, Government Officials, and the Political Intelligence Industry and Shill is the author of Congressional Securities Trading.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.47 – Daniel Schwarcz on the 2020 Crisis and Insurance

Thu, 16 Apr 2020 09:19:00 -0000

Daniel Schwarcz, professor of law at the University of Minnesota, joins the Business Scholarship Podcast to discuss the 2020 crisis and issues related to insurance coverage and regulation.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.46 – Nakita Cuttino on Early Wage Access

Tue, 14 Apr 2020 04:36:41 -0000

Nakita Cuttino, visiting assistant professor of law at Duke University, joins the Business Scholarship Podcast to discuss her forthcoming article The Rise of ‘Fringetech’: Regulatory Risks in Early Wage Access. In this article, Cuttino evaluates and considers regulatory challenges related to early-wage-access programs, a new generation of tech-enabled financial services targeted at low-income workers.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.45 – David Zaring on the 2020 Crisis and Banking Regulators

Tue, 07 Apr 2020 02:10:35 -0000

David Zaring, professor of business studies and legal ethics at the Wharton School of the University of Pennsylvania, joins the Business Scholarship Podcast to discuss the 2020 crisis and the role of banking regulators in this crisis and crises more broadly.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.44 – Josephine Nelson on Workplace Surveillance

Mon, 30 Mar 2020 02:08:08 -0000

Josephine Nelson, associate professor of law at Villanova University, joins the Business Scholarship Podcast to discuss her recent article Management Culture and Surveillance on critical issues and historical perspectives related to workplace surveillance.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.43 – Yonah Freemark on the 2020 Crisis and Transit

Mon, 23 Mar 2020 10:00:00 -0000

Yonah Freemark, a PhD candidate in urban policy at MIT, joins the Business Scholarship Podcast to discuss the 2020 crisis, its impact on transit, and what should be done to preserve the economic role of transit.

Guest co-host Gregory Shill, associate professor of law at the University of Iowa, joins host Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.42 – Paul Mahoney on Soft Dollars

Tue, 17 Mar 2020 10:00:00 -0000

Paul Mahoney, distinguished professor of law at the University of Virginia, joins the Business Scholarship Podcast to discuss his forthcoming article Soft Dollars, Hard Choices: Reconciling US and EU Policies on Sell-Side Research. In this article, Mahoney discusses the quandary U.S. broker-dealers find themselves in with respect to the EU's MiFID II rule banning the bundling of brokerage services and sell-side research, on one hand, and the U.S. regulatory schemes for broker-dealers and investment advisers, on the other. He proposes a U.S. regulatory approach that allows broker-dealers to remain compliant with the two jurisdictions' contradictory rules.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.41 – Kevin Douglas on Michael Milken

Tue, 03 Mar 2020 10:55:00 -0000

Kevin Douglas, visiting assistant professor of law at George Mason University, joins the Business Scholarship Podcast to discuss his forthcoming article Michael Milken: A Case Study in America’s Moral Schism. In this article, Douglas explores the life and times of Michael Milken as a financier and financial innovator and uses the competing views on Milken's work as a case study for how Americans understand, and disagree about, economic inequality and fairness.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.40 – Tom Lin on Financial AI

Tue, 25 Feb 2020 11:31:00 -0000

Tom Lin, professor of law at Temple University, joins the Business Scholarship Podcast to discuss his recent article Artificial Intelligence, Finance, and the Law. In this article, Lin explores the promises and opportunities of artificial intelligence in the financial sector, as well its risks and limitations, including bias, consumer harm, systemic risk, and financial accidents.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.39 – Verity Winship on Enforcement Networks

Tue, 18 Feb 2020 11:02:00 -0000

Verity Winship, professor of law at the University of Illinois, joins the Business Scholarship Podcast to discuss her new article Enforcement Networks. In this article, Winship presents an empirical network analysis of acknowledgments in SEC litigation and press releases. These acknowledgments shed light on how the SEC sources enforcement actions, including through referrals from the FBI, FINRA, and even small-town police departments. In presenting these findings, Winship demonstrates a method that can be extended for reaching deeper understanding of cross-agency interactions.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.38 – Jeremy Kress & Matthew Turk on Community-Bank Deregulation

Tue, 11 Feb 2020 11:00:00 -0000

Jeremy Kress, assistant professor of business law at the University of Michigan Ross School of Business, and Matthew Turk, assistant professor of business law and ethics at Indiana University Kelly School of Business, join the Business Scholarship Podcast to discuss their forthcoming article Too Many to Fail: Against Community Bank Deregulation. In their article Kress and Turk identify myths about community banking that have been used to justify that sector's deregulation and explain why deregulation increases the risk of future community-bank failures.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.37 – Michael Cappucci on Proxy Advisors

Tue, 04 Feb 2020 11:16:00 -0000

Michael Cappucci, managing director for compliance and sustainable investing at Harvard Management Company, joins the Business Scholarship Podcast to discuss his new paper The Proxy War against Proxy Advisors. In this paper, Cappucci traces the growing influence of proxy advisors and addresses common criticisms about their business practices, accuracy, and role within U.S. corporate governance. He considers recent proposed regulations affecting the proxy-advisor industry and evaluates their likely effects on corporate governance and institutional shareholders and asset managers.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.36 – Letian Zhang on M&A and Workplace Equality

Tue, 28 Jan 2020 11:01:00 -0000

Letian Zhang, assistant professor of business administration at Harvard Business School, joins the Business Scholarship Podcast to discuss his working paper Shaking Things Up: Unintended Consequences of Firm Acquisitions on Racial and Gender Inequality. In this paper, Zhang uses EEOC data to examine the effects of mergers on racial and gender equality in acquired companies. He finds that although mergers may exacerbate inequality between high-skill and low-skill workers, they are associated with reductions in racial and gender inequality.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.35 – Anne Tucker on Citizens United at 10

Tue, 21 Jan 2020 08:07:00 -0000

Anne Tucker, associate professor of law at Georgia State University, joins the Business Scholarship Podcast Citizens United at 10 podcast symposium to discuss her work on Citizens United and the decision's implications for corporate law, money in politics, and American democracy. Works discussed include Flawed Assumptions: A Corporate Law Analysis of Free Speech and Corporate Personhood in Citizens United, Rational Coercion: Citizens United and a Modern Day Prisoner's Dilemma, The Citizen Shareholder: Modernizing the Agency Paradigm to Reflect How and Why a Majority of Americans Invest in the Market, and Locked In: The Competitive Disadvantage of Citizen Shareholders.

In addition to discussing her scholarship, Tucker reflects on the tenth anniversary of Citizens United, including what's surprised her, what hasn't, and what she is watching over the next ten years.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.34 – Ciara Torres-Spelliscy on Citizens United at 10

Tue, 21 Jan 2020 08:06:00 -0000

Ciara Torres-Spelliscy, professor of law at Stetson University, joins the Business Scholarship Podcast Citizens United at 10 podcast symposium to discuss her work on Citizens United and the decision's implications for corporate law, money in politics, and American democracy. Works discussed include Corporate Citizen? An Argument for the Separation of Corporation and State and Political Brands.

In addition to discussing her scholarship, Torres-Spelliscy reflects on the tenth anniversary of Citizens United, including what's surprised her, what hasn't, and what she is watching over the next ten years.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.33 – Michael Rocca on Citizens United at 10

Tue, 21 Jan 2020 08:05:00 -0000

Michael Rocca, associate professor of political science at the University of New Mexico, joins the Business Scholarship Podcast Citizens United at 10 podcast symposium to discuss his articles The Effects of Citizens United on Corporate Spending in the 2012 Presidential Election and The Impact of Citizens United on Large Corporations and Their Employees. In these articles, Rocca and his co-authors find that the Citizens United decision did not lead to observable increases in direct campaign spending by firms or their employees, although it did mark a substantial increase in expenditures by a small set of high-spending individuals.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.32 – Elizabeth Pollman on Citizens United at 10

Tue, 21 Jan 2020 08:04:00 -0000

Elizabeth Pollman, professor of law at the University of Pennsylvania, joins the Business Scholarship Podcast Citizens United at 10 podcast symposium to discuss her work on Citizens United and the decision's implications for corporate law, money in politics, and American democracy. Works discussed include Citizens Not United: The Lack of Stockholder Voluntariness in Corporate Political Speech, A Corporate Right to Privacy, The Derivative Nature of Corporate Constitutional Rights, and Constitutionalizing Corporate Law.

In addition to discussing her scholarship, Pollman reflects on the tenth anniversary of Citizens United, including what's surprised her, what hasn't, and what she is watching over the next ten years.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.31 – Anna Harvey on Citizens United at 10

Tue, 21 Jan 2020 08:03:00 -0000

Anna Harvey, professor of politics at New York University, joins the Business Scholarship Podcast Citizens United at 10 podcast symposium to discuss her article Does Money Have a Conservative Bias? Estimating the Causal Impact of Citizens United on State Legislative Preferences. In this article, Harvey and her co-author find that after Citizens United not only did states whose campaign-finance laws were affected by the decision see flips in control of legislative seats, but also that elected Republican legislators held more conservative policy preferences.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.30 – Sarah Haan on Citizens United at 10

Tue, 21 Jan 2020 08:02:00 -0000

Sarah Haan, associate professor of law at Washington & Lee University, joins the Business Scholarship Podcast Citizens United at 10 podcast symposium to discuss her work on Citizens United and the decision's implications for corporate law, money in politics, and American democracy. Works discussed include Voter Primacy and Shareholder Proposal Settlements and the Private Ordering of Public Elections.

In addition to discussing her scholarship, Haan reflects on the tenth anniversary of Citizens United, including what's surprised her, what hasn't, and what she is watching over the next ten years.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.29 – Kent Greenfield on Citizens United at 10

Tue, 21 Jan 2020 08:01:00 -0000

Kent Greenfield, professor of law at Boston College, joins the Business Scholarship Podcast Citizens United at 10 podcast symposium to discuss his work on Citizens United and the decision's implications for corporate law, money in politics, and American democracy. Works discussed include Corporations Are People Too (And They Should Act Like It).

In addition to discussing his scholarship, Greenfield reflects on the tenth anniversary of Citizens United, including what's surprised him, what hasn't, and what he is watching over the next ten years.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.28 – Elizabeth Pollman on Startup Governance

Tue, 14 Jan 2020 08:03:00 -0000

Elizabeth Pollman, professor of law at the University of Pennsylvania, joins the Business Scholarship Podcast to discuss her forthcoming article Startup Governance. In this article, Pollman offers a framework for understanding governance issues unique to startup firms, including complicated vertical and horizontal principal-agent conflicts that can accrete over multiple funding rounds.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.27 – Omari Scott Simmons on Executive-Search Firms and Governance

Mon, 06 Jan 2020 10:39:45 -0000

Omari Scott Simmons, professor of business law at Wake Forest University, joins the Business Scholarship Podcast to discuss his forthcoming article Forgotten Gatekeepers: Executive Search Firms and Corporate Governance. In this article, Simmons introduces the history, role, and practice of executive-search firms (ESFs), firms that help companies source and recruit senior executives and directors. He further makes the case that, similar to compensation consultants and proxy firms, ESFs are a significant player in a trend toward outsourcing corporate governance.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.26 – Menesh Patel on Merger Breakups

Wed, 18 Dec 2019 05:25:43 -0000

Menesh Patel, acting professor of law at UC Davis, joins the Business Scholarship Podcast to discuss his recent article Merger Breakups. In this article, Patel considers whether and when antitrust agencies should challenge consummated mergers that were previously reviewed and cleared through the Hart-Scott-Rodino process. This question in turn interacts with contemporary conversations about antitrust enforcement, particularly in the technology sector.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.25 – Jessica Erickson on Automating Securities Class-Action Settlements

Sun, 08 Dec 2019 20:56:10 -0000

Jessica Erickson, professor of law at the University of Richmond, joins the Business Scholarship Podcast to discuss her article Automating Securities Class Action Settlements. In the article, Erickson explores a contradiction in securities class-action settlements: although Civil Rule 23 defaults to opt-out class membership, the difficulty of identifying securities class members makes settlement administration effectively opt-in. She proposes two solutions for overcoming this problem: a market-based approach involving banks and brokers, and a regulatory approach using the SEC's forthcoming consolidated audit trail.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School

Ep.24 – Joseph Grundfest on Federal-Forum Provisions

Tue, 03 Dec 2019 09:49:00 -0000

Joseph Grundfest, professor of law and business at Stanford University, joins the Business Scholarship Podcast to discuss his recent article The Limits of Delaware Corporate Law: Internal Affairs, Federal Forum Provisions, and Sciabacucchi. He explains that the Chancery Court's Sciabacucchi decision erroneously held Securities Act claims to be external to a corporation's governance, meaning that charters cannot require securities claims to be filed in federal, rather than state, court. He notes that this holding was not only wrong as a matter of Delaware law, but it also raises troubling federalism questions and could lead to higher D&O insurance premia.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.23 – Sarah Haan on Civil Rights and Shareholder Activism

Mon, 25 Nov 2019 06:53:37 -0000

Sarah Haan, associate professor of law at Washington and Lee University, joins the Business Scholarship Podcast to discuss her article Civil Rights and Shareholder Activism: SEC v. Medical Committee for Human Rights. Haan traces the civil-rights roots of shareholder activism and chronicles the legal history of SEC v. Medical Committee for Human Rights, a case stemming from activists' opposition to Dow Chemical's manufacture of napalm during the Vietnam War era. Although Medical Committee receded from memory after it was vacated as moot by the Supreme Court, Haan explains how it can inform contemporary debates over the meaning of corporate democracy.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.22 – Gina-Gail Fletcher on Engineered Credit-Default Swaps

Tue, 19 Nov 2019 17:28:00 -0000

Gina-Gail Fletcher, associate professor at Indiana University Maurer School of Law, joins the Business Scholarship Podcast to discuss her forthcoming article Engineered Credit Default Swaps: Innovative or Manipulative?. Fletcher's article examines the phenomenon of engineered credit-default-swap transactions. In these transactions, CDS buyers or sellers induce borrowers either to default or avoid default on debt referenced by CDS contracts, thus allowing them to directly affect the values of the contracts. Fletcher considers the costs and benefits of this controversial practice and sketches possible regulatory and market responses to it.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.21 – Gregory Shill on Driving, Motordom, and Political Economy

Tue, 12 Nov 2019 10:00:00 -0000

Gregory Shill, associate professor of law at the University of Iowa, joins the Business Scholarship Podcast to discuss his article Should Law Subsidize Driving?. In this article and a companion piece in The Atlantic, Shill explores how law and policy subsidize driving as the dominant form of transportation.

He explains that this subsidization hurts everyone in terms of auto-related deaths, negative health effects, and quality of life, but that these costs are disproportionately borne by people of color, the disabled, and senior citizens. He offers hope, however, that rather than being preordained, these effects are the result of changeable policy choices.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.20 – Rory Van Loo on Regulatory Monitors

Wed, 06 Nov 2019 10:00:00 -0000

Rory Van Loo, associate professor of law at Boston University, joins the Business Scholarship Podcast to discuss his recent article Regulatory Monitors: Policing Firms in the Compliance Era. He explains that regulatory agencies are not solely driven by enforcement and regulatory attorneys. Rather, large workforces of inspectors, examiners, engineers, and other professionals monitor firms day-to-day and in large part drive decisions around when and how the law is enforced and how regulation is developed.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.19 – Preeti Choudhary on Materiality Judgments

Tue, 05 Nov 2019 10:00:00 -0000

Preeti Choudhary, associate professor of accounting at the University of Arizona, joins the Business Scholarship Podcast to discuss her recent paper Auditors’ Quantitative Materiality Judgments: Properties and Implications for Financial Reporting Reliability. In this paper, Choudhary and her co-authors use PCAOB examination data to quantify auditors' materiality judgments. Their findings examine the effect of materiality judgments on financial-statement reliability and dispel the myth that auditors simply apply a 5%-of-net-income heuristic.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.18 – Ann Lipton on Mandatory Stakeholder Disclosure

Wed, 30 Oct 2019 21:06:42 -0000

Ann Lipton, associate professor in business law at Tulane University, joins the Business Scholarship Podcast to discuss her recent article Not Everything is About Investors: The Case for Mandatory Stakeholder Disclosure. In this article, Lipton questions the use of securities filings for non-investor-centric disclosures and calls instead for disclosure by large enterprises that is rooted in social interest, rather than public-company status.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.17 – Veronica Root Martinez on the Compliance Process

Thu, 24 Oct 2019 01:53:44 -0000

Veronica Root Martinez, professor of law at the University of Notre Dame, joins the Business Scholarship Podcast to discuss her recent article The Compliance Process. She explains why corporate compliance programs have focused on preventing and detecting legal violations yet miss the logical next steps of investigating and remediating them.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.16 – John Coyle on the History of the Choice-of-Law Clause

Tue, 15 Oct 2019 14:58:26 -0000

John Coyle, professor of law at the University of North Carolina, joins the Business Scholarship Podcast to discuss his recent article A Short History of the Choice-of-Law Clause. Coyle uses a historical survey of published cases and form books to trace the growth of the contractual choice-of-law clause from early domestic and commercial uses in the late 19th century through the adoption of the Uniform Commercial Code and the "Conflicts Revolution" in the 1950s and 1960s.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.15 – Jennifer Arlen on Overseas Deferred-Prosecution Agreements

Wed, 09 Oct 2019 17:24:23 -0000

Jennifer Arlen, professor of law at New York University, joins the Business Scholarship Podcast to discuss her recent paper The Potential Promise and Perils of Introducing Deferred Prosecution Agreements Outside the U.S. In this paper, Arlen examines recent British and French efforts to introduce U.S.-style DPAs in corporate enforcement. She explains that although these efforts offer rule-of-law improvements over the U.S. approach, they are not yet fully aligned to helping prosecutors detect and deter corporate misconduct.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.14 – Yaron Nili on Successor CEOs

Wed, 02 Oct 2019 03:42:38 -0000

Yaron Nili, assistant professor of law at the University of Wisconsin, joins the Business Scholarship Podcast to discuss his recent article Successor CEOs. In this article, Nili explores why combo CEO/chairs sometimes give up the CEO role but remain chair of the board of directors, versus the more common transition of a CEO/chair giving up the chair.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.13 – Claire Hill on #MeToo and Profit Maximization

Tue, 24 Sep 2019 15:58:55 -0000

Claire Hill, professor of law at the University of Minnesota, joins the Business Scholarship Podcast to discuss her recent article #MeToo and the Convergence of CSR and Profit Maximization. In this article, Hill explores the #MeToo movement's implications for corporate social responsibility (CSR) and environmental, social, and governance (ESG) concerns and their potential convergence.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.12 – Benjamin Edwards & Anthony Rickey on Hidden Conflicts in Securities Litigation

Tue, 17 Sep 2019 23:10:31 -0000

Benjamin Edwards, associate professor of law at the University of Nevada, Las Vegas, and Anthony Rickey, founder of Margrave Law LLC, join the Business Scholarship Podcast to discuss their recent article Uncovering the Hidden Conflicts in Securities Class Action Litigation: Lessons From the State Street Case. Edwards and Rickey examine potential plaintiff-side attorney conflicts in securities class actions that persist despite passage of reform legislation in the 1990s. They propose new litigation disclosures as a way to combat those potential conflicts.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.11 – Natasha Sarin on Making Consumer Finance Work

Tue, 10 Sep 2019 20:46:32 -0000

Natasha Sarin, assistant professor of law at the University of Pennsylvania, joins the Business Scholarship Podcast to discuss her recent article Making Consumer Finance Work. Sarin analyzes the outcomes of three Dodd-Frank era reforms to explain when regulatory interventions work, when they lead to "whack-a-mole," and how the less wealthy subsidize other consumers in consumer finance markets.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.10 – Emily Kadens on Reputation and Cheating

Wed, 28 Aug 2019 12:35:00 -0000

Emily Kadens, professor of law at Northwestern University, joins the Business Scholarship Podcast to discuss her recent articles Cheating Pays and The Dark Side of Reputation. In these articles, Kadens uses archival records from litigation among 17th century English merchants to examine the limits of reputation as a tool for market discipline and sanction.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.9 – Robert Anderson on a Property Theory of Corporate Law

Thu, 22 Aug 2019 17:43:27 -0000

Robert Anderson, professor of law at Pepperdine University, joins the Business Scholarship Podcast to discuss his new article A Property Theory of Corporate Law. In this article, Anderson questions the contractarian theory of the corporation and explains why a property-based theory better accounts for some features of corporate law.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.8 – Lev Menand on the Monetary Basis of Bank Supervision

Thu, 15 Aug 2019 00:05:55 -0000

Lev Menand, associate in law, lecturer in law, and postdoctoral fellow at Columbia Law School, joins the Business Scholarship Podcast to discuss his new paper The Monetary Basis of Bank Supervision. In our conversation, he situates bank supervision and its safety-and-soundness concept as being historically rooted in banks' role as creators of money.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.7 – Dorothy Lund on Nonvoting Shares and Efficient Corporate Governance

Tue, 13 Aug 2019 01:31:35 -0000

Dorothy Lund, assistant professor of law at the University of Southern California, joins the Business Scholarship Podcast to discuss her recent article Nonvoting Shares and Efficient Corporate Governance. In our conversation, she explains how nonvoting shares have the potential to enhance corporate governance and shareholder value.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.6 – Sehwa Kim & Seil Kim on Fragmented Securities Regulation

Thu, 08 Aug 2019 02:37:09 -0000

Sehwa Kim, assistant professor of accounting at Columbia Business School, and Seil Kim, assistant professor of accountancy at Baruch College Zicklin School of Business, join the Business Scholarship Podcast to discuss their new article Fragmented Securities Regulation: Neglected Insider Trading in Stand-Alone Banks. In our conversation, the authors explain why some publicly held banks file their securities disclosures with the FDIC (not the SEC) and what implications this fragmented system might have for capital markets.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.5 – Victoria Schwartz on Celebrity Stock Markets

Sun, 04 Aug 2019 20:06:44 -0000

Victoria Schwartz, associate professor of law at Pepperdine University, joins the Business Scholarship Podcast to discuss her recent article The Celebrity Stock Market, which evaluates new markets for funding aspiring celebrities (like athletes, actors, and musicians) and their ethical, contractual, and securities-law implications.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.4 – Jonathan Lipson on the Secret Life of Priority

Wed, 24 Jul 2019 05:38:00 -0000

Jonathan Lipson, professor of law at Temple University Beasley School of Law, joins the Business Scholarship Podcast to discuss his recent article The Secret Life of Priority: Corporate Reorganization After Jevic.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.3 – Adriana Robertson on Index Investing

Tue, 25 Jun 2019 00:17:11 -0000

Adriana Robertson, assistant professor in the University of Toronto Faculty of Law and Rotman School of Management, joins the Business Scholarship Podcast to discuss her new article Passive in Name Only: Delegated Management and 'Index' Investing.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.2 – Cathy Hwang on Deal Momentum and Faux Contracts

Tue, 25 Jun 2019 00:13:40 -0000

Cathy Hwang, associate professor of law at the University of Utah S.J. Quinney College of Law, joins the Business Scholarship Podcast to discuss her recent and forthcoming articles Deal Momentum and Faux Contracts.

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.

Ep.1 – Aneesh Raghunandan on Financial and Non-Financial Misconduct

Tue, 25 Jun 2019 00:03:11 -0000

Aneesh Raghunandan, assistant professor of accounting at the London School of Economics, joins the Business Scholarship Podcast to discuss his new article How Are Non-Financial and Financial Misconduct Related?

This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.