How are and should corporations be run and regulated, and how do and should modern financial markets and products function? This seminar tackles timeless and timely questions. Here are some possible examples. What are the legal and public policy considerations in determining what a corporation’s goals should be—and what do the corporations actually do? In this connection, what does the moniker “ESG” mean and what are the pluses and minuses of considering “ESG” factors for shareholders, other stakeholders, and society? What should a prospective lawyer (or judge, legislator, or regulator) who was a college history major know about matters such as stock market behavior, efficient markets, portfolio diversification, derivatives, and new financial products? How do such matters relate to corporate goals, corporate governance and the role of institutional investors, bank and securities regulation, world financial stability--and your personal finances? No business or finance background required! Both students with and without such backgrounds have presented and written fascinating analytical papers on a very wide variety of topics in this seminar. It is recommended (although not required) that students either have already taken or simultaneously take Business Associations or Business Associations (Enriched).
Hu, Henry T. C.