September 8

Introduction

September 15

Theories of the Firm

• Mallin, “Theories of Corporate Governance.”

• Boatright “The Financial Theory of the Firm”

• Oliver Hart, “An Economist’s Perspective on the Theory of the Firm,”

September 22

Capitalism, The Corporation and the Business System

• Fligstein, “Corporate Control in Capitalist Societies.”

• Fligstein, “The Transformation of Corporate Control.”

• Roy, Socializing Capital: “The Rise of the Large Industrial Corporation in America”

September 29

Introducing Governance Issues

• Halpern, “Systemic Perspective on Corporate Governance Systems.”

• Blair, “The neglected benefits of the corporate form: Entity status and the separation of asset ownership from control.”

October 6

**No Class**

October 13

Problems with the Shareholder Primacy Model

• Englander and Kaufman , “The end of managerial ideology: From corporate social responsibility to corporate social indifference”

• Ireland, “Shareholder primacy and the distribution of wealth”

October 20

Ethics and Stakeholders in Governance

• Stout, “Bad and Not-So-Bad Arguments for Shareholder Primacy.”

• Heath and Norman, “Stakeholder theory, corporate governance and public management: What can the history of state-run enterprises teach us in the post-enron era?”

• Kogut and Kornelius, “Creating the responsible firm: In search for a new corporate governance paradigm.”

October 27

Forms and Varieties of Capitalism

• Hall and Soskice, “Introduction to Varieties of Capitalism

November 3

Convergence and Divergence of Corp Gov Systems

• Haansman, Kraakman, , “The end of history for corporate law” (Internet: http://www.law.harvard.edu/programs/olin_center/corporate_governance/papers/No280.00.Hansmann-Kraakman.pdf)

• Jackson, “Origins of Non-Liberal Corporate Governance in Germany and Japan”

• Roe, “Modern Politics and Ownership Separation.”

November 10

Europe

• Woolcock, “Competition among forms of corporate governance in the european community: The case of great britain”

• Jackson, “Corporate governance in germany and japan: Liberalization pressures and responses during the 1990's”

• Edwards, “Corporate governance, industrial relations and trends in company-level restructuring in europe: Convergence towards the anglo-american model?”

November 17

Asia, Canada, other countries

• Higgins, “Corporate governance in japan: Role of banks, keiretsus and japanese traditions”

• Reading on Canada: T.B.A.

November 24

Governance and Labour

• Blair, “Firm-Specific Human Capital and Theories of the Firm.”

December 1

Alternative Systems

• MacCleod (4043 Kit 1 – pp. 497-507)

• Smith (4043 Kit 1 – pp. 508-526)

January 5

Corporate Crime and Liability I : The Enron Case

• Deakin, “Learning from Enron” (internet: http://www.cbr.cam.ac.uk/pdf/wp274.pdf)

• Windolf, “Corruption, fraud and corporate governance: A report on Enron”

• Coffee, “A Theory of Corporate Scandals: Why the USA and Europe Differ”

January 12

Corporate Crime and Liability II.

• Glasbeek, “’It’s not a Crime:’ Reclassifying Corporate Deviance”

• Passas, “Lawful but Awful: ‘Legal Corporate Crimes’”

January 19

Regulation

• Muchlinski, “A Brief History of Business Regulation” Kit vol. 2

• Noll, “Internationalizing Regulatory Reform” Kit vol. 2

• Arthurs, “Reinventing Labor Law for the Global Economy” Kit vol.2

January 26

Trade

• Vogel, “The California Effect” Kit vol. 2

• Baker, “International Trade in Media Products” Kit vol. 2

February 2

Consumer Law

• Trebilcock, “Information-Based Principles for Rethinking Consumer Protection Policy” Kit vol. 2

• Wilhelmsson, “Consumer Law and Social Justice” Kit vol. 2

February 9

Anti-Trust

• Rubinfeld, “Antitrust Policy” Kit vol. 2.

• Abramson, “Mortal Combat,” Kit vol. 2

February 23

Intellectual Property

• Posner, "Intellectual Property: The Law and Economics Approach," Kit vol. 2

• Lerner and Tirole “Economics of Technology Sharing” (Internet http://papers.ssrn.com/sol3/Delivery.cfm/SSRN_ID620904_code170891.pdf?abstractid=620904&mirid=1)

March 2

International Issues in Intellectual Property

• Drahos, “Developing Countries and International Intellectual Property Standard Setting”http://www.iprcommission.org/papers/pdfs/study_papers/sp8_drahos_study.pdf

• Commission on Intellectual Property Rights, ch. 1 (Internet http://www.iprcommission.org/graphic/documents/final_report.htm)

March 9

Communications and Infrastructure

• Frischmann, “An Economic Theory of Infrastructure and Commons Management” (Internet http://papers.ssrn.com/sol3/Delivery.cfm/SSRN_ID704463_code232991.pdf?abstractid=704463&mirid=1)

March 16

Environmental Regulation

• Crals and Vereeck, ”Taxes, Tradeable Rights and Transaction Costs” Kit vol. 2

March 23

Presentations

March 30

Presentations and Conclusions