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General Counsel as Critical Ally

If the general counsel is not a consistent face in the boardroom, and thereby limited in their ability to forge a credible relationship with the company’s board of directors, the directors should be alert to the absence and ask why....

Contested Visions: The Value of Systems Theory for Corporate Law

Activist investors have used the rhetoric of shareholder value as a cudgel to browbeat boards into selling assets, repurchasing shares, and cutting payroll and research and development to achieve short-term share price increases....

Can Corporate Social Responsibility Fill Institutional Voids?

Our results show that firms’ environmental scores and social scores receive higher valuation in countries with weaker institutions. Overall, our findings suggest that CSR creates value for firms by filling institutional voids in their home country....

Governance, Compliance, and Risk in the Trump Pence Era

This Essay... outline[s] how general counsel, boards, compliance officers, and institutional investors should think about risk during an increasingly volatile administration....

Changing Role of General Counsel in Germany

A tension exists for the legal function between becoming too close to business and becoming isolated in a functional silo....

Value Creation, Risk Management and US Bank Holding Company Governance

An executive committee... may create an atmosphere of “elitism.” Yet, holding companies with such committees were priced with higher price/book valuations...

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