The role of the corporation in society is undergoing profound change. With a seismic shift towards the concentration of corporate ownership in the hands of institutional investors and the private ownership of companies, corporate boards and management are facing unprecedented shareholder and societal demands. This includes the proliferation of shareholder activism and institutional investor calls for sustainable investment strategies.
The mission of the Millstein Center is to positively shape and influence the future of the corporation in this new paradigm. Through engagement with business leaders, corporate boards, investors, the legal community and academics, the Center creates meaningful dialogue, while balancing conflicting points of view, to strengthen corporate governance and performance.
Podcasts from 2021
Podcast: Beyond Unprecedented S2 Ep0: Reintroducing Beyond Unprecedented, Eric L. Talley, Kate Waldock, and Stacey Vanek Smith
Podcast: Beyond Unprecedented S2 Ep1: You Can’t Hire Me, I Quit!, Eric L. Talley, Kate Waldock, and Kate Andrias
Podcast: Beyond Unprecedented, S2 Ep2: Meme Stock Mania, Eric L. Talley, Kate Waldock, and Joshua Mitts
Podcast: Beyond Unprecedented S2 Ep3: The Rise – and Results – of Shareholder Activism, Eric L. Talley, Kate Waldock, and Anne E. Robinson
Podcast: Beyond Unprecedented S2 Ep4: Nothing Ventured, Nothing Gained, Eric L. Talley, Kate Waldock, Talia B. Gillis, and Alejandro Gerrero
Podcasts from 2020
Podcast: Beyond "Unprecedented" S1 Ep0: Introduction, Eric L. Talley
Podcast: Beyond "Unprecedented" S1 Ep1: Essential – and Broke, Eric L. Talley, Katharina Pistor, and Michael J. Graetz
Podcast: Beyond "Unprecedented" S1 Ep2: Can the Fed Rescue Us?, Eric L. Talley, Peter Conti-Brown, and Kathryn Judge
Podcast: Beyond "Unprecedented" S1 Ep3: A New Chapter for Bankruptcy?, Eric L. Talley, Edward R. Morrison, and Kate Waldock
Podcast: Beyond "Unprecedented" S1 Ep4: Helping Small Businesses Survive – and Thrive, Eric L. Talley, Lynnise E. Pantin, and Tim Wu
Podcast: Beyond "Unprecedented" S1 Ep5: A Shareholder-Stakeholder Smackdown, Eric L. Talley, Ira M. Millstein, and Leo E. Strine Jr.
Podcast: Beyond "Unprecedented" S1 Ep6: Pandemic Pressures on Global Trade, Eric L. Talley, Anu Bradford, and Petros C. Mavroidis
Working Paper: Don't Go Chasing Waterfalls: Fiduciary Duties in Venture Capital Backed Startups, Sarath Sanga and Eric L. Talley
Working Paper: Global Investor-Director Survey on Climate Risk Management, Kristin Bresnahan, Jens Frankenreiter, Sophie L'Helias, Brea Hinricks, Nina Hodzic, Julian Nyarko, Sneha Pandya, and Eric L. Talley
Publications from 2019
Article: A Computational Analysis of Constitutional Polarization, David E. Pozen, Eric L. Talley, and Julian Nyarko
Article: Informed Trading and Cybersecurity Breaches, Joshua Mitts and Eric L. Talley
Working Paper: Being True to Trulia: Do Disclosure-Only Settlements in Merger Objection Lawsuits Harm Shareholders?, Eric L. Talley and Giuseppe Dari‐Mattiacci
Working Paper: Board 3.0 – An Introduction, Ronald J. Gilson and Jeffrey N. Gordon
Publications from 2018
Working Paper: The Origins of a Capital Market Union in the United States, Jeffrey N. Gordon and Kathryn Judge
Publications from 2017
Article: Contracting Out of the Fiduciary Duty of Loyalty: An Empirical Analysis of Corporate Opportunity Waivers, Gabriel Rauterberg and Eric L. Talley
Working Paper: Is EU Merger Control Used for Protectionism? An Empirical Analysis, Anu Bradford, Robert J. Jackson Jr., and Jonathon Zytnick
Publications from 2016
Working Paper: Appraising the "Merger Price" Appraisal Rule, Albert H. Choi and Eric L. Talley
Publications from 2015
Article: Anti-Herding Regulation, Ian Ayres and Joshua Mitts
Article: Mandatory Disclosure and Individual Investors: Evidence from the Jobs Act, Colleen Honisberg, Robert J. Jackson Jr., and Yu-Ting Forester Wong
Essay: Bank Resolution in the European Banking Union: A Transatlantic Perspective on What It Would Take, Jeffrey N. Gordon and Wolf-Georg Ringe
Publications from 2014
Article: Corporate Governance and Executive Compensation: Evidence from Japan, Robert J. Jackson Jr. and Curtis J. Milhaupt
Article: Finding Order in the Morass: The Three Real Justifications for Piercing the Corporate Veil, Jonathan Macey and Joshua Mitts
Article: Toward a Constitutional Review of the Poison Pill Essay, Lucian A. Bebchuk and Robert J. Jackson Jr.
Publications from 2013
Article: The Agency Costs of Agency Capitalism: Activist Investors and the Revaluation of Governance Rights, Ronald J. Gilson and Jeffrey N. Gordon
Publications from 2012
Article: Stock Unloading and Banker Incentives, Robert J. Jackson Jr.
Article: The Law and Economics of Blockholder Disclosure, Lucian A. Bebchuk and Robert J. Jackson Jr.
Publications from 2010
Article: Corporate Political Speech: Who Decides, Lucian A. Bebchuk and Robert J. Jackson Jr.
Publications from 2005
Article: Rethinking Retroactivity, Robert J. Jackson Jr.
Publications from 2004
Article: Nine Justices, Ten Years: A Statistical Retrospective, Robert J. Jackson Jr. and Thiruvendran Vignarajah
Publications from 2003
Article: Recent Cases: Appellate Procedure - Force of Circuit Precedent - Ninth Circuit Holds That Three-Judge Panels May Declare Prior Cases Overruled When Intervening Supreme Court Precedent Undercuts the Theory of Earlier Decisions, Robert J. Jackson Jr.