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  • John C. Coffee, Jr.: Event Contracts and Prediction Markets Comment bubble 3 By John C. Coffee, Jr.
  • Leveraging Information Forcing in Good Faith By Hillary Sale
  • The Dark Side of Safe Harbors Comment bubble 2 By Susan C. Morse
  • John C. Coffee, Jr. – Mass Torts and Corporate Strategies: What Will the Courts Allow? By John C. Coffee, Jr.
  • Compliance’s Next Challenge: Polarization By Miriam H. Baer
  • Will the Common Good Guys Come to the Shootout in SEC v. Jarkesy? And Why It Matters By Eric W. Orts
  • Climate Disclosure Line-Drawing and Securities Regulation By Virginia Harper Ho
  • Board Committee Charters and ESG Accountability By Lisa M. Fairfax
Editor-At-Large Reynolds Holding

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Columbia Law School's Blog on Corporations and the Capital Markets

Editorial Board John C. Coffee, Jr. Edward F. Greene Kathryn Judge

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How Humans and AI Can Complement Each Other at Work and in the Financial Sector

By Isabella Loaiza and Roberto Rigobon June 20, 2025 by renholding

As AI systems evolve, there’s been a surge of attention and anxiety around how they are reshaping the workforce. The conversation often centers on which jobs are at risk of automation and what machines are capable of. While these are …

How Accurate Are Corporate AI Disclosures?

By John M. Barrios, John L. Campbell, Ryan G. Johnson and Christine Liu March 3, 2025 by renholding

Artificial intelligence (AI) is emerging as a general purpose technology (GPT) with the potential to transform industries. As a result, the potential benefits of AI give firms strong reasons to adopt it – but also provides opportunities to exaggerate their …

The Implications of Allowing Companies to Police Themselves

By Kentaro Asai and Tatsuhiko Inatani January 21, 2025 by renholding

A notable trend has emerged: outsourcing non-monetary sanctions to firms that enforce penalties internally and more efficiently for employee misconduct. In a new paper, we examine this trend, focusing on the deterrence and policy implications of transforming corporations into self-policing …

Wachtell Lipton Discusses FTC’s Sweeping Ban on Employment Non-Competes

By Nelson O. Fitts, Michael J. Schobel and Emily E. Samra April 25, 2024 by renholding

In a public meeting Tuesday, a divided Federal Trade Commission voted along party lines to issue a final rule prohibiting non-compete clauses for nearly all U.S. workers.  The FTC previously published the proposed ban in January 2023, drawing thousands of …

Ropes & Gray Discusses Supreme Court Ruling on SOX Retaliation Claims

By Greg Demers, Doug Brayley, Brendan Kearney and Jack Shaffery March 5, 2024 by renholding

Plaintiffs bringing retaliation claims under the Sarbanes-Oxley Act do not have to prove their employers’ “retaliatory intent,” only that their whistleblowing activity contributed to their termination, according to a recent ruling by the U.S. Supreme Court. In a unanimous opinion …

Do Employees Value ESG Initiatives?

By Ming D. Leung, Ben Lourie, Chuchu Liang and Chenqi Zhu August 30, 2023 by renholding

While environmental, social, and governance (ESG) initiatives undeniably shape corporate reputations and stakeholder perspectives, a crucial question arises: Does the modern workforce truly value these efforts? At one end of the spectrum, critics argue that employees might prioritize job security, …

Reimagining Board Committees to Accommodate Worker Voice

By Douglas K. Chia July 5, 2022 by renholding

Employees at U.S. public corporations have increasingly demanded that their concerns be heard at the very senior levels of management.  If current trends continue, boards of directors could also be challenged to accommodate “worker voice” more formally.  Rather than being …

The “S” in ESG: Human Capital Management

By George S. Georgiev March 16, 2022 by renholding

Over the past decade, ESG has morphed from a fringe concern into one of the most prominent topics in corporate governance – and a flourishing research area as well.[1] Nevertheless, some notable blindspots remain. Based on a recent survey, …

How Corporate Governance Codetermination Works in Practice

By Grant Hayden and Matthew Bodie June 3, 2021 by renholding

Codetermination is a system of shared corporate governance between workers and shareholders. While such a system has long been a staple of the European business world, it has been generally ignored by U.S. corporate governance scholars. When it has made …

Common Ownership and the Decline of the American Worker

By Zohar Goshen and Doron Levit June 1, 2021 by renholding

American workers are more productive than ever, but they take home the same pay they did 40 years ago.  While firms have enjoyed blockbuster profits—and the U.S. gross domestic product has tripled—most American households have not shared in this increasing …

The Underside of Hedge Fund Activism: Looting the Pension Fund

By John C. Coffee, Jr. April 14, 2021 by renholding

Hedge fund activism is a topic on which most law professors have closed their minds. They learned in student days that activist hedge funds are excellent agents of change that efficiently discipline managements at targeted firms and increase shareholder wealth. …

The Management Case for Inclusionary Corporate Purpose

By J.S. Nelson March 16, 2021 by renholding

The most vital and deeply practical argument for more broadly understanding corporate purpose comes from the management literature and the data on how to motivate people in organizations. Put simply, people in organizations do not work as hard or come …

Stakeholders Will Guide Companies Out of This Crisis – and the Next One, Too

By Stavros Gadinis and Amelia Miazad June 8, 2020 by renholding

Companies will not survive Covid-19 unless they communicate with their stakeholders. As the world around them transforms, corporate leaders must welcome input from those on the front lines of corporate activity – primarily employees and consumers, but also local communities, …

Financial Misconduct and Changes in Employee Satisfaction

By Yuqing Zhou and Christos Makridis November 22, 2019 by renholding

In a recent paper, we use new and proprietary micro-data from company-ratings site Glassdoor for the period between 2008 and 2016 to investigate changes in employees’ perception of firms and managers during  periods of financial misconduct and after the public …

What Comes After Shareholder Primacy? Employee Empowerment

By Grant Hayden and Matthew Bodie September 16, 2019 by renholding

In corporate law, the U.S. academic elite stubbornly clings to shareholder primacy as the foundational principle of the field. The concept is simple, even elegant: Shareholders should be given ultimate control of the corporation because they are entitled to the …

How Rank and File Equity Compensation Affects Earnings Management

By Kip Holderness, Adrienna A. Huffman and Melissa F. Lewis-Western August 23, 2019 by renholding

Equity compensation is a beneficial tool when it motivates employees to engage more intensely in performance-enhancing activities. One negative consequence of equity compensation, however, is that it provides incentives to manage earnings (i.e., to strategically present financial reports or structure …

How Can Humans Work With Artificial Intelligence?

By Andreas Fügener, Jörn Grahl, Alok Gupta and Wolfgang Ketter April 26, 2019 by renholding

How will artificial intelligence (AI) influence the workplace of the future and thereby the human working condition? The focus of this discussion has been on the rather tautological conclusion that many current jobs will eventually be performed by machines. In …

The Effect of Gig Workers on Stock Prices

By Kelly Carter January 11, 2019 by renholding

Gig workers, who are hired to complete a project, or “gig,” constitute a significant portion of the workforce.  The McKinsey Global Institute states that gig workers make up between 20 and 30 percent of all workers in the U.S. and …

How Substitutable Are Workers? Evidence from Worker Deaths

By Simon Jäger June 14, 2017 by renholding

The fluidity of labor markets depends on the ease with which one side of the market can fulfill the needs of the other: whether workers can find employment that suits their skills and firms can find adequate substitutes for workers …

How Tax Policy Favors Robots over Workers and What to Do About it

By Ryan Abbott and Bret Bogenschneider June 6, 2017 by renholding

There is a longstanding and growing public debate about the costs and benefits of automation. Earlier this year, Bill Gates argued that robots who take human jobs should pay taxes. Mark Zuckerberg recently warned the graduating class at Harvard University …

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Each business day, our team sifts through blog posts, news stories, and other sources to keep up-to-date on relevant recent developments. The following links will take you to our recommended selections. To see the sources we follow click Filter Sources.

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Bloomberg
U.S. Refunds $22 Billion in Tariffs
June 10, 2026
Wall Street Journal
Fidelity to Make 401(k)s Like Pensions
June 10, 2026
New York Times
SpaceX’s IPO Could Turn 4,400 Employees Into Millionaires
June 10, 2026
Freshfields' A Fresh Take
EEOC Issues DEI Enforcement Plan
June 10, 2026
Financial Times
Top Goldman Exec Opposed David Solomon’s Backing of GC Ruemmler
June 10, 2026
Wall Street Journal
Kalshi to Require User Disclosures
June 9, 2026
Bloomberg
Social Security in Unexpected Trouble
June 9, 2026
Freshfields' A Fresh Take
FinCEN Whistleblower Program Debuts
June 9, 2026
Financial Times
SpaceX’s $1.78 Trln IPO Asks Investors to Buy Musk’s Moonshots
June 9, 2026
D&O Diary
Company Sues Over Short-and-Distort
June 9, 2026
New York Times
SpaceX About to Be in Your 401(k)
June 8, 2026
Freshfields' A Fresh Take
Congress Eyes China Biotech Deals
June 8, 2026
Financial Times
OpenAI Files to Go Public
June 8, 2026
D&O Diary
Why Exxon’s Texas Move Is Different
June 8, 2026
Deal Lawyers.com
Delaware Chancery Nixes Fiduciary Claims Over Failed Sale Process
June 8, 2026
Bloomberg
CFTC Ends Settlement Gag Rule
June 7, 2026
Reuters
Trump Pardons Congress Fraudster
June 7, 2026
New York Post
Short-Seller Andrew Left Seeks Mistrial
June 7, 2026
Corporate & Securities Law Blog
Scotus Upholds SEC Disgorgement
June 7, 2026
Business Law Prof Blog
Disclosure Does More Than Inform
June 7, 2026
Wall Street Journal
Anthropic Urges Global Pause in AI
June 4, 2026
The Governance Beat
Are Open SEC Meetings Done For?
June 4, 2026
ABC News
George Santos in Insider Trading Probe
June 4, 2026
Securities and Exchange Commission
Draft Strategic Plan Issued for Comment
June 4, 2026
Deal Lawyers.com
Chancery Says Membership Interest Purchase Deal Time-Bars Damages
June 4, 2026
Wall Street Journal
Buffett Successor Puts Stamp on Berkshire Hathaway With Two Deals
June 3, 2026
New York Times
How One Tech Company Created 13 New Types of Jobs Because of AI
June 3, 2026
Cleary Enforcement Watch
DOJ Fast-Tracks Benefits Fraud Cases
June 3, 2026
Financial Times
Vanguard ETF Tops $1 Trln in Assets
June 3, 2026
Bloomberg
Milbank, McDermott Raise Associate Salaries Up to $455,000
June 3, 2026
D&O Diary
Supply Chain Woes Lead to Securities Suit Against EV Company
June 2, 2026
Wall Street Journal
SEC Removes Faddish Climate Rule
June 2, 2026
Sidley Enhanced Scrutiny
Delaware Chancery Rules No Control When Corporate Records Fake
June 2, 2026
Deal Lawyers.com
Chancery Addresses Creditor Claims After Failed Sale Process
June 2, 2026
Business Law Prof Blog
The Latest on Reincorporations
June 2, 2026
Dealbook
Diller Plans Bid for MGM Resorts
June 1, 2026
Financial Times
Anthropic Files for Blockbuster IPO
June 1, 2026
D&O Diary
SpaceX IPO Filings Include Extreme “Litigation Aversion” Provisions
June 1, 2026
Bloomberg
SpaceX Hype Spurs Crypto Shadow Market for Pre-IPO Bets
June 1, 2026
Corporate & Securities Law Blog
Second Circuit Affirms Dismissal of Fraud Claim Over Risk Disclosures
June 1, 2026
Government Executive
SEC Robbed During Budget Shutdown
May 31, 2026
CoinDesk
Kalshi Sues Minnesota Over Law Criminalizing Prediction Markets
May 31, 2026
Bloomberg
DOJ Restores Financial Crime Team
May 31, 2026
FTI Consulting
How Geopolitics Is Shaping Deals
May 31, 2026
Business Law Prof Blog
Why ISS Backs Reincorporation of Natural Gas Corp. from Colorado to Texas
May 31, 2026
D&O Diary
AI-Linked Securities Suits Rising
May 28, 2026
CoinDesk
CFTC Files to Drop Gemini Settlement
May 28, 2026
Bloomberg
Polymarket’s Losers Are Discovering the Wisdom of Crowds
May 28, 2026
Justice Department
Google Worker Hit for Insider Trading
May 28, 2026
Financial Times
Kirkland to Spend $500 Mln on AI Tech
May 28, 2026
Deal Lawyers.com
Delaware Chancery Addresses the Duties of Constituency Directors
May 28, 2026
Wall Street Journal
Amazon Strikes $6 Billion Chip Deal
May 27, 2026
Freshfields' A Fresh Take
SEC Action in Footer Locker Case Big News for Whistleblower System
May 27, 2026
Financial Times
Dimon Says JPMorgan Has $20 Billion to Spend on Possible Acquisition
May 27, 2026
D&O Diary
Cybersecurity-Related Securities Suit Hits Cloud Data Storage Company
May 27, 2026
Securities Regulation and Corporate Governance Monitor
SEC Exempts Officers, Directors of Some Foreign Private Issuers from 16(a)
May 27, 2026
Bloomberg
Lawyer Seeks JPMorgan Sex Suit Exit
May 26, 2026
New York Times
BP Ousts Chair Over Conduct Concerns
May 26, 2026
D&O Diary
Vanguard Settles AGs’ Anti-ESG Suit
May 26, 2026
Telegraph
Violence Up Against Crypto Billionaires
May 26, 2026
Delaware Corporate & Commercial Litigation Blog
Chancery Rules on Overlapping LLC, Employment Agreement Claims
May 26, 2026
Bloomberg
Pope Calls for Disarming AI
May 25, 2026
Financial Times
Meta, Google AI Safety Easily Stripped
May 25, 2026
Wall Street Journal
Kalshi, Polymarket Probed on Inside Info
May 25, 2026
New York Times
Crypto, Prediction Markets Blunt CFTC
May 25, 2026
Business Law Prof Blog
SpaceX Sticks It to Shareholder Suits
May 25, 2026
Wall Street Journal
Social Media Settle Youth-Harm Case
May 21, 2026
Bloomberg
Oura Rings Files IPO Confidentially
May 21, 2026
Freshfields' A Fresh Take
OFAC Focuses on “Sham Transactions”
May 21, 2026
The Governance Beat
SEC Plans to Ease Form S-3 Eligibility
May 21, 2026
Financial Times
Trump Abruptly Postpones AI Order
May 21, 2026
Bloomberg
OpenAI Prepares to File for IPO
May 20, 2026
Wall Street Journal
SpaceX Files for Massive IPO
May 20, 2026
Financial Times
Congressman Barney Frank Dies at 86
May 20, 2026
Sidley Enhanced Scrutiny
Delaware Chancery Rejects Fiduciary Duty, Veil-Piercing in Crypto Case
May 20, 2026
Corporate & Securities Law Blog
ISS Challenges Adviser Disclosure Law
May 20, 2026
D&O Diary
Exxon Wins Rare Securities Suit Trial
May 19, 2026
Wall Street Journal
Hidden Judges Settle Polymarket Tiffs
May 19, 2026
Bloomberg
CFTC’s Ex-Leaders Doubt It Can Handle Crypto and Prediction Markets
May 19, 2026
CoinDesk
Lawmakers Urge Trump to Fill CFTC
May 19, 2026
Delaware Corporate & Commercial Litigation Blog
Delaware Chancery Examines Fiduciary Duties of Blockholder Directors
May 19, 2026
Reuters
New Fed Chair to Be Sworn in Friday
May 18, 2026
Wall Street Journal
NextEra-Dominion Energy in $67 Bln Deal
May 18, 2026
Bloomberg
Musk Loses Case Over OpenAI Future
May 18, 2026
Delaware Corporate & Commercial Litigation Blog
Chancery Issues Civility Guidelines
May 18, 2026
Securities and Exchange Commission
SEC Rescinds No Denial Policy
May 18, 2026
The Hill
New Whistleblower Rules Encourage a Nation of Paid Informants
May 17, 2026
Financial Times
PCAOB Mulls Cutting Accounting Cops
May 17, 2026
Securities and Exchange Commission
SEC Proposes Final Adani Judgment
May 17, 2026
New York Post
Is Wall Street Bashing a Dallas Boon?
May 17, 2026
Business Law Prof Blog
How Corporate Jurisdictions Compare
May 17, 2026
Reuters
Tema Plans Prediction Markets ETF
May 14, 2026
Bloomberg
Boards Now Less Than 30% Women
May 14, 2026
New York Times
AI Chip Maker Soars Over IPO Price
May 14, 2026
Freshfields' A Fresh Take
SEC Shifts Insider Trading Playbook
May 14, 2026
Yahoo Finance
Judge Sees Musk-SEC Deal Red Flags
May 14, 2026
Deal Lawyers.com
Delaware Bankruptcy Court Refuses to Dismiss Fraudulent Transfer Claim
May 14, 2026
D&O Diary
SEC Seeking More Individual Liability
May 13, 2026
Wall Street Journal
1MDB-Scandal’s Villain Seeks Pardon
May 13, 2026
Bloomberg
Senate Confirms Fed Chair Warsh
May 13, 2026
New York Times
Geothermal Energy Firm Goes Public
May 13, 2026
Financial Times
Judge Questions Musk-SEC Resolution
May 13, 2026
Cooley M&A
SEC Cuts Minimum Tender Offer Period
May 12, 2026
Delaware Business Litigation Report
Delaware Supreme Court Addresses Implied Covenant in Earnout Dispute
May 12, 2026
New York Times
EBay Rejects GameStop’s $55 Bln Bid
May 12, 2026
Financial Times
Oil Majors Return to Alaska
May 12, 2026
Sidley Enhanced Scrutiny
U.S. Court Enforces Texas’ 3% Ownership Rule for Derivative Claims
May 12, 2026
Bloomberg
SEC Moves to End “Gag Rule”
May 12, 2026
Blog Roll Header
  • Business Law Prof Blog
  • Corporate & Securities Law Blog
  • DealLawyers
  • Delaware Corporate and Commercial Litigation Blog
  • Gibson Dunn Securities Regulation and Corporate Governance Monitor
  • Harvard Law School Forum on Corporate Governance
  • How Appealing
  • PubCo @ Cooley
  • Securities Docket
  • Sidley Enhanced Scrutiny Blog
  • The D&O Diary
  • Truth on the Market
  • White Collar Crime Prof Blog
The Blue Sky Blog is Sponsored by Columbia Law School's Center on Corporate Governance.
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