Business Scholarship Podcast

Gina-Gail Fletcher , professor of law at Duke University; Christina Skinner , assistant professor of legal studies and business ethics at the University of Pennsylvania's Wharton School; and Kurt Wolfe , an associate at Troutman Pepper Hamilton Sanders LLP, join the Business Scholarship Podcast to discuss Banking & Financial Regulation as part of the Financial and Corporate Regulation in the B...

Suneal Bedi , assistant professor of business law and ethics at Indiana University's Kelley School of Business, and William Marra , investment manager at Validity Finance, LLC, join the Business Scholarship Podcast to discuss their article The Shadows of Litigation Finance . In their article, Bedi and Marra present a normative framework for analyzing litigation finance's welfare effects, including...

Felix Chang , professor of law at the University of Cincinnati, joins the Business Scholarship Podcast to discuss his article Ethnically Segmented Markets . In this article, Chang introduces the concept of ethnically segmented and misaligned markets (ESMs)–markets in which buyers and sellers are members of distinct ethnic communities–through a case study of the market for wigs and hair extensions....

Yaron Nili , assistant professor of law at the University of Wisconsin, and Kobi Kastiel , assistant professor of law at Tel Aviv University, join the Business Scholarship Podcast to discuss their article The Giant Shadow of Corporate Gadflies . In this article Nili and Kastiel examine the work of a handful of retail investors who frequently submit shareholder proposals, a group they dub "corporat...

Jenifer Varzaly , assistant professor of commercial and corporate law at Durham University, joins the Business Scholarship Podcast to discuss her article The Effectiveness of Disclosure Law Enforcement in Australia . In this article, Varzaly introduces novel datasets for disclosure-based public and private securities enforcement in Australia. In considering the joint effects of these enforcement m...

Christina Skinner , assistant professor of legal studies and business ethics at the University of Pennsylvania's Wharton School, joins the Business Scholarship Podcast to discuss her article Presidential Pendulums in Finance . In this article, Skinner reviews the emerging role of the presidency in financial regulation, an area that was long the preserve of congressional and agency policymaking. Af...

Ramsi Woodcock , assistant professor of law at the University of Kentucky, joins the Business Scholarship Podcast to discuss his article The Market as a Learning Algorithm: Consequences for Regulation and Antitrust . In this article, Woodcock questions the Chicago School's reliance on skepticism and the metaphor of evolutionary biology to undermine pre-1970s antitrust enforcement. Rather than the...

Brando Cremona , a PhD candidate at Bocconi University, and Maria Passador , an academic fellow at Bocconi University, join the Business Scholarship Podcast to discuss their recent article Shareholder Activism Today: Did Barbarians Storm the Gate? . In this article, Cremona and Passador trace the rise of shareholder activism in a comparative analysis of its practice and effects in the United State...

Sean Griffith , professor of law at Fordham University, and Abraham Cable , professor of law at UC Hastings, join the Business Scholarship Podcast to discuss their recent works on representation-and-warranty insurance in mergers and acquisitions. Griffith is the author of Deal Insurance: Representation & Warranty Insurance in Mergers and Acquisitions . Cable is the author of Comment on Gri...

Spencer Williams , associate professor of law at Golden Gate University, joins the Business Scholarship Podcast to discuss his article Contracts as Systems . In this article, Williams considers complex-systems theory, which has its origins in fields like engineering, computer science, ecology, and economics, and extends it to contracts. In doing so he adds to a literature challenging reductionist...

David Hoffman , professor of law at the University of Pennsylvania, and Cathy Hwang , professor of law at the University of Virginia, join the Business Scholarship Podcast to discuss their essay The Social Cost of Contract . In their essay, Hoffman and Hwang examine when unexpected changes would cause contracts, if performed, to produce intolerable public costs, such as when epidemics and pandemic...

Afra Afsharipour , professor of law at UC Davis, joins the Business Scholarship Podcast to discuss her essay Bias, Identity and M&A . In this essay, Afsharipour considers the non-value maximizing behavioral biases that can influence M&A activity, with a particular focus on senior management and a board's ability to monitor senior management in the deal process. As part of this discussi...

Eldar Maksymov , assistant professor at Arizona State University W.P. Carey School of Business, and Matthew Ege , assistant professor at Texas A&M University Mays Business School, join the Business Scholarship Podcast to discuss their paper The Revival of Large Consulting Practices at the Big 4 and Audit Quality . In their paper, Maksymov, Ege, and their co-authors Dain Donelson and Andy Imdie...

Aisha Saad , research scholar in law and Bartlett Research Fellow at Yale Law School, joins the Business Scholarship Podcast to discuss her recent article The Corporate Waqf in Law and Practice . In this article, Saad discusses the share waqf as a contemporary form of the waqf, a trust-like entity in Islamic law used for carrying out charitable purposes. Unlike waqfs that hold real estate or cash,...

Aditi Bagchi , professor of law at Fordham University, joins the Business Scholarship Podcast to discuss her recent essay Risk Averse Contract Interpretation . In this essay, Bagchi argues that boilerplate does not require its own doctrine of contract interpretation, but rather it should incorporate external references in an approach that defies both interpretive contextualism and formalism. This...

Blair Bullock , visiting assistant professor of law at Tulane University, joins the Business Scholarship Podcast to discuss her forthcoming article Uncovering Harassment Retaliation . In this article, Bullock identifies gaps in employment law's protection of workers who report workplace harassment. Bullock then provides novel empirical results showing that reporting harassment by a supervisor incr...

Benjamin Edwards , associate professor of law at the University of Nevada, Las Vegas, joins the Business Scholarship Podcast to discuss his forthcoming article Adversarial Failure . In this article, Edwards examines the expungement process used by brokers to secure removal of customer complaints from their public records. He questions whether this process is sufficiently adversarial to protect the...

Anat Alon-Beck , assistant professor of law at Case Western Reserve University, joins the Business Scholarship Podcast to discuss her essay Times They Are a-Changin': When Tech Employees Revolt! . In this essay, Alon-Beck reviews recent activism by employees in the tech industry along with responses from firms' leadership. In doing so, she uses employee activism as a frame for investigating the si...

Donna Nagy , professor of business law at Indiana University Bloomington's Maurer School of Law, joins the Business Scholarship Podcast to discuss her essay Chiarella v. United States and its Indelible Impact on Insider Trading Law . In this essay, Nagy presents an original oral history of the first insider-trading criminal prosecution in the United States. In providing this history, Nagy traces t...

Andrew Baker , academic fellow at Stanford University's Rock Center for Corporate Governance and a PhD candidate at Stanford's Graduate School of Business, joins the Business Scholarship Podcast to discuss his forthcoming article Machine Learning and Predicted Returns for Event Studies in Securities Litigation . In this article, Baker and co-author Jonah Gelbach identify limitations on single-firm...

Andrew Verstein , professor of law at UCLA, joins the Business Scholarship Podcast to discuss his forthcoming article Mixed Motives Insider Trading . In this article, Verstein observes that individuals often have proper and improper motivations to trade securities (e.g., needing cash for a child's tuition while being in possession of material non-public information about bad financials results), w...

Saule Omarova , professor of law at Cornell University, joins the Business Scholarship Podcast to discuss her proposal for a National Investment Authority (NIA), which she introduced in her article Private Wealth and Public Goods: A Case for a National Investment Authority and her white paper Why We Need a National Investment Authority . In these papers, Omarova discusses the potential for an NIA...

Yonathan Arbel , assistant professor of law at the University of Alabama, joins the Business Scholarship Podcast to discuss his forthcoming article Payday . In this article, Arbel asks why workers wait weeks to receive their earned wages and offers an historical and structural account for the rise of the modern payday. He explains why the payday has the perverse effect of making workers short-term...

Miriam Baer , professor of law at Brooklyn Law School, joins the Business Scholarship Podcast to discuss her forthcoming article Compliance Elites . In this article, Baer evaluates the tendency of firms to hire "elite" chief compliance officers (CCOs) who have had successful prior careers in private law firms and government enforcement agencies. Although this practice does potentially signal a fir...

Mihailis Diamantis , associate professor of law at the University of Iowa, joins the Business Scholarship Podcast to discuss his forthcoming article The Corporate Insanity Defense . In this article, Diamantis complicates the respondeat superior doctrine of corporate criminal liability and considers whether a doctrine from individual prosecution–the insanity defense–could support more suitable resp...