Nicola Sharpe

Professor Sharpe’s earlier articles such as, “Improving Corporate Board Process through Organizational Behavior,” published in the Southern California Law Review, and “The Cosmetic Independence of Corporate Boards” published in Seattle University Law Review’s Adolf A. Berle, Jr. Center on Corporations, Law & Society symposium issue (“Berle II”) tackle one of the most heavily discussed questions in corporate governance: How can boards govern more effectively? For regulators, the dominant response has been structural changes to the board of directors – for example, requiring “outside” or “independent” directors. Such regulations are often based on conventional theories of corporate governance, particularly agency theory, which frames the firm in strictly economic terms. These theories have provided an important part of the corporate governance puzzle, but they are still incomplete. To fill this gap, Professor Sharpe advocates a novel process-oriented approach that provides a stark contrast to conventional regulation.

The potential impact of her research on corporate boards earned her the Arnold O. Beckman Award from the University of Illinois Campus Research Board. This award is given to projects of special distinction, promise, or resource value. She has presented her research at the Annual Meeting of the Society of Socio-Economists co-sponsored by the Law and Economics Center at Boalt Hall School of Law. Additionally, she has made presentations at Indiana University Law School, Loyola University Chicago Law School, Notre Dame Law School, University of Illinois College of Law, University of Iowa College of Law, University of Maryland School of Law, and Washington University in St. Louis School of Law.

Prior to joining the University of Illinois, Professor Sharpe served as a visiting assistant professor at Northwestern University School of Law. Professor Sharpe earned her law degree from Yale Law School, her MBA from Yale School of Management, and her BA from Cornell University. Before entering law teaching, she was an associate with the antitrust group of Shearman & Sterling LLP, where she counseled corporate clients on a wide variety of antitrust matters.