John C. Coffee, Jr., Zohar Goshen, and Joshua R. Mitts were among the authors of two of the best corporate and securities articles last year, the Corporate Practice Commentator has announced. The Columbia Law School professors were joined by Robert J. Jackson, Jr., a former professor at Columbia Law School and commissioner of the U.S. Securities and Exchange Commission and now a professor at NYU School of Law.
The Corporate Practice Commentator’s Robert Thompson, a professor at Georgetown University Law Center, conducted the 26th annual poll to compile the list. Teachers of corporate and securities law voted to select the best of almost 400 articles. There are normally 10 selected, but this year there were 11, because of a tie.
The top 11 articles, listed in alphabetical order by last name of the initial author, are:
Ian Ayres, Edward Fox. Alpha Duties: The Search for Excess Returns and Appropriate Fiduciary Duties. 97 Tex. L. Rev. 445-515 (2019).
Adam Badawi, Elisabeth de Fontenay. Is There a First-Drafter Advantage in M&A? 107 Calif. L. Rev. 1119-1172 (2019).
Lucian Bebchuk, Scott Hirst. Index Funds and the Future of Corporate Governance: Theory, Evidence, and Policy. 119 Columbia L. Rev. 2029-2146 (2019).
John C. Coffee, Jr., Robert J. Jackson, Jr., Joshua R. Mitts, & Robert E. Bishop. Activist Directors and Agency Costs: What Happens When an Activist Director Goes on the Board? 104 Cornell L. Rev. 381- 466 (2019).
Lisa M. Fairfax. The Securities Law Implications of Financial Illiteracy. 104 Va. L. Rev. 1065-1122 (2018).
Jill E. Fisch, Assaf Hamdani & Steven Davidoff Solomon. The New Titans of Wall Street: A Theoretical Framework for Passive Investors. 168 U. Pa. L. Rev. 17-72 (2019).
Zohar Goshen, Sharon Hannes. The Death of Corporate Law. 94 N.Y.U. L. Rev. 263-315 (2019).
Henry T. C. Hu, John D. Morley. A Regulatory Framework for Exchange-traded Funds. 91 S. Cal. L. Rev. 839-942 (2018).
Elizabeth Pollman. Corporate Disobedience. 68 Duke L.J. 709-765 (2019).
Elizabeth Pollman. Startup Governance. 168 U. Pa. L. Rev. 155-221 (2019).
Adriana Z. Robertson. Passive in Name Only: Delegated Management and “Index” Investing. 36 Yale J. on Reg. 795-851 (2019).
The announcement can be found here.