Details

This course will examine a broad range of issues in corporate law. The aim is to expose the students to current topics in corporate law. Light economic and game theory reasoning shall often be applied. The only prerequisite is a course in corporate law. Formal training in economics or finance is not a necessity but some interest or at least tolerance to these disciplines shall be assumed. Each meeting shall be devoted to a single topic in corporate theory and will consider one or two articles on the topic of the session. There will be no exam in the course. Instead, students will submit short 1-2 pages long memos on the readings prior to each session (opting out of 4 memos submission is allowed). Topics to be covered include corporate acquisitions (defensive tactics, lock-ups, corporate freezeouts, and sale of control blocks), executive pay, gatekeepers, the corporate contract, and the corporate ownership structure (dispersion vs. concentration). Before engaging in the corporate discussions we shall devote 2.5 meetings to learn basic game theory concepts and reasoning that will assist us along the way. PREREQUISITES: Corporations, Corporations (KSM) or Business Association required.