Scott Hirst

Boston University - School of Law

765 Commonwealth Avenue

Boston, MA 02215

United States

European Corporate Governance Institute (ECGI)

c/o the Royal Academies of Belgium

Rue Ducale 1 Hertogsstraat

1000 Brussels

Belgium

  • Boston University - School of Law

  • European Corporate Governance Institute (ECGI)

SCHOLARLY PAPERS

21

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27,796

TOTAL CITATIONS
Rank 6,138

SSRN RANKINGS

Top 6,138

in Total Papers Citations

235

Scholarly Papers (21)

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1.

Index Funds and the Future of Corporate Governance: Theory, Evidence, and Policy

Downloads 5,984 ( 2,899)
Citation 48

Index Funds and the Future of Corporate Governance: Theory, Evidence, and Policy

Columbia Law Review, Vol. 119, December 2019, pp. 2029-2146, European Corporate Governance Institute (ECGI) - Law Working Paper No. 433/2018, Harvard Law School John M. Olin Center Discussion Paper No. 986
Number of pages: 125 Posted: 14 Nov 2018 Last Revised: 31 Jul 2020
Lucian A. Bebchuk and Scott Hirst
Harvard Law School and Boston University - School of Law
Downloads 5,882 (2,939)
Citation 13

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Index funds, passive investing, institutional investors, corporate governance, stewardship, engagement, monitoring, agency problems, shareholder activism, hedge fund activism

Index Funds and the Future of Corporate Governance: Theory, Evidence, and Policy

NBER Working Paper No. w26543
Number of pages: 106 Posted: 16 Dec 2019 Last Revised: 12 Jul 2023
Lucian A. Bebchuk and Scott Hirst
Harvard Law School and Boston University - School of Law
Downloads 102 (564,415)
Citation 35

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2.

The Agency Problems of Institutional Investors

Journal of Economic Perspectives, Vol. 31 pp. 89-102 (Summer 2017)., Harvard Law School Olin Discussion Paper No. 930
Number of pages: 26 Posted: 09 Jun 2017 Last Revised: 05 May 2020
Lucian A. Bebchuk, Alma Cohen and Scott Hirst
Harvard Law School, Harvard Law School and Boston University - School of Law
Downloads 4,877 (4,144)
Citation 109

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institutional investors, investment managers, mutual funds, index funds, hedge fund activism

3.

The Specter of the Giant Three

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Citation 44

The Specter of the Giant Three

Boston University Law Review, Vol. 99, 2019, pp. 721-741, Harvard Law School John M. Olin Center Discussion Paper No. 1004, European Corporate Governance Institute (ECGI) - Finance Working Paper No. 608/2019
Number of pages: 32 Posted: 10 May 2019 Last Revised: 20 Mar 2020
Lucian A. Bebchuk and Scott Hirst
Harvard Law School and Boston University - School of Law
Downloads 4,106 (5,396)
Citation 44

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index funds, passive investing, institutional investors, ETFs, Big Three, stewardship, engagement, shareholder activism, corporate voting, ownership concentration

The Specter of the Giant Three

NBER Working Paper No. w25914
Number of pages: 21 Posted: 11 Jun 2019 Last Revised: 23 Apr 2023
Lucian A. Bebchuk and Scott Hirst
Harvard Law School and Boston University - School of Law
Downloads 147 (422,503)

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4.

Big Three Power, and Why it Matters

Boston University Law Review, Volume 102, pp. 1547-1600
Harvard Law School John M. Olin Center Discussion Paper No. 1087
Harvard Law School Program on Corporate Governance Working Paper 2022-8
Number of pages: 59 Posted: 13 Dec 2022 Last Revised: 19 Apr 2023
Lucian A. Bebchuk and Scott Hirst
Harvard Law School and Boston University - School of Law
Downloads 1,977 (17,802)

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Index funds, passive investing, institutional investors, ETFs, Big Three, stewardship, engagement, monitoring, shareholder activism, corporate voting, ownership concentration

5.

How Much Do Investors Care About Social Responsibility?

Wisconsin Law Review (2023), 977-1039, European Corporate Governance Institute - Law Working Paper No. 674/2023
Number of pages: 70 Posted: 02 Jun 2022 Last Revised: 08 Apr 2024
Scott Hirst, Kobi Kastiel and Tamar Kricheli‐Katz
Boston University - School of Law, Tel Aviv University - Buchmann Faculty of Law and Tel Aviv University - Buchmann Faculty of Law
Downloads 1,320 (32,868)
Citation 5

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social responsibility, stakeholders, corporate purpose, socially responsible investing

6.

Corporations & Corporate Law (from Corporations in 100 Pages)

Corporations in 100 Pages, 2020, U of Michigan Law & Econ Research Paper No. 20-035
Number of pages: 13 Posted: 22 Aug 2020 Last Revised: 09 Jun 2021
Holger Spamann, Scott Hirst and Gabriel V. Rauterberg
Harvard Law School, Boston University - School of Law and University of Michigan Law School
Downloads 1,133 (41,115)

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Corporations, Corporate Law, Delaware, Public, Private, Governance, Limited Liability

7.

Private Ordering and the Proxy Access Debate

The Business Lawyer, Vol. 65, No. 2, pp. 329–360, February 2010., Harvard Law and Economics Discussion Paper No. 653
Number of pages: 39 Posted: 27 Nov 2009 Last Revised: 09 Aug 2012
Lucian A. Bebchuk and Scott Hirst
Harvard Law School and Boston University - School of Law
Downloads 1,119 (41,904)
Citation 1

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Proxy access, Securities and Exchange Commission, shareholder voting, corporate elections, corporate governance, directors, default rules, private ordering, boards

8.

Social Responsibility Resolutions

Journal of Corporation Law, 2017, Forthcoming, Harvard Law School Program on Corporate Governance Working Paper 2016-06
Number of pages: 39 Posted: 03 May 2016 Last Revised: 13 Oct 2016
Scott Hirst
Boston University - School of Law
Downloads 993 (49,504)
Citation 7

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Shareholder Resolutions, Corporate Social Responsibility, Shareholder Voting, Mutual Funds, Fiduciary Duties, Shareholder Proposals, ESG

9.

The Harvard Law School Proxy Access Roundtable

Harvard Law and Economics Discussion Paper No. 661
Number of pages: 102 Posted: 21 Jan 2010 Last Revised: 06 Feb 2010
Lucian A. Bebchuk and Scott Hirst
Harvard Law School and Boston University - School of Law
Downloads 872 (59,283)
Citation 9

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Proxy access, Securities and Exchange Commission, shareholder voting, corporate elections, corporate governance, directors, boards

10.

Universal Proxies

Yale Journal on Regulation, Vol. 35, No. 2, (Forthcoming)
Number of pages: 77 Posted: 07 Jul 2016 Last Revised: 29 Oct 2022
Scott Hirst
Boston University - School of Law
Downloads 702 (78,998)

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Proxy Contests, Director Elections, Shareholder Activism, Proxy Voting, Universal Proxies

11.

Mergers & Acquisitions (from Corporations in 100 Pages)

Corporations in 100 Pages, 2020
Number of pages: 23 Posted: 14 Oct 2020
Holger Spamann, Scott Hirst and Gabriel V. Rauterberg
Harvard Law School, Boston University - School of Law and University of Michigan Law School
Downloads 691 (80,559)

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Mergers, acquisitions, hostile, tender offer, Williams Act, squeeze-out, appraisal, poison pill, Unocal, Revlon

12.

The Misguided Attack on Common Ownership

Harvard Public Law Working Paper No. 19-10, Duke Law School Public Law & Legal Theory Series
Number of pages: 11 Posted: 11 Dec 2018 Last Revised: 01 Apr 2019
Lucian A. Bebchuk and Scott Hirst
Harvard Law School and Boston University - School of Law
Downloads 648 (87,499)
Citation 1

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institutional investors, common ownership, stewardship

13.

Fiduciary Duties (from Corporations in 100 Pages)

Corporations in 100 Pages, 2020 , U of Michigan Law & Econ Research Paper No. 20-039
Number of pages: 13 Posted: 14 Oct 2020 Last Revised: 09 Jun 2021
Holger Spamann, Scott Hirst and Gabriel V. Rauterberg
Harvard Law School, Boston University - School of Law and University of Michigan Law School
Downloads 624 (91,825)

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Fiduciary duties, duty of care, duty of loyalty, business judgment rule, entire fairness, Caremark, corporate opportunities

14.

Towards the Declassification of S&P 500 Boards

Harvard Business Law Review, Vol. 3, No. 1, pp.157-184 (2013).
Number of pages: 28 Posted: 28 Feb 2014 Last Revised: 24 May 2016
Lucian A. Bebchuk, Scott Hirst and June Rhee
Harvard Law School, Boston University - School of Law and Yale University - Yale Program on Financial Stability
Downloads 497 (121,972)
Citation 5

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Staggered boards, classified boards, shareholder proposals, shareholder voting, shareholder activism, public pension funds, corporate governance

15.

Corporate Governance by Index Exclusion

Boston University Law Review, Vol. 99, 2019, 1229-1278, Boston Univ. School of Law, Law and Economics Research Paper No. 19-12
Number of pages: 51 Posted: 12 Jun 2019 Last Revised: 10 Sep 2019
Scott Hirst and Kobi Kastiel
Boston University - School of Law and Tel Aviv University - Buchmann Faculty of Law
Downloads 423 (147,797)
Citation 1

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Corporate Governance, Index Funds, Index Providers, Dual-Class Shares, Institutional Investors

16.

Hidden Agendas in Shareholder Voting

39 Yale Journal on Regulation (Forthcoming, 2022)
Number of pages: 52 Posted: 03 May 2021 Last Revised: 10 Jun 2022
Scott Hirst and Adriana Robertson
Boston University - School of Law and University of Chicago Law School
Downloads 411 (152,802)
Citation 4

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hidden agendas, securities lending, shareholder voting, proxy statements, record dates, corporate law, securities law, institutional investors, fiduciary duties

17.

The Agency Problems of Institutional Investors: Presentation Slides

Number of pages: 25 Posted: 02 Jun 2020
Lucian A. Bebchuk, Alma Cohen and Scott Hirst
Harvard Law School, Harvard Law School and Boston University - School of Law
Downloads 377 (168,309)
Citation 1

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institutional investors, investment managers, mutual funds, index funds, hedge fund activism

18.

The Case for Investor Ordering

Harvard Business Law Review, Vol. 8, No. 2, 2018
Number of pages: 63 Posted: 01 Aug 2017 Last Revised: 01 Apr 2018
Scott Hirst
Boston University - School of Law
Downloads 333 (192,825)

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Corporate Law, Regulation, Cost Benefit Analysis, Investor Ordering, Private Ordering, Mandatory Rules

19.

Saving Climate Disclosure

Boston Univ. School of Law Research Paper No. 4134822, 28 Stanford Journal of Law, Business, and Finance 91 (2023), European Corporate Governance Institute - Law Working Paper No. 675/2023
Number of pages: 88 Posted: 28 Jun 2022 Last Revised: 11 Apr 2023
Scott Hirst
Boston University - School of Law
Downloads 292 (221,935)

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climate change, greenhouse gas emissions, disclosure, mandatory disclosure, judicial review, administrative procedure act

20.

Frozen Charters

34(1) Yale Journal on Regulation 91-166 (2017)
Number of pages: 102 Posted: 11 Feb 2016 Last Revised: 03 Jul 2017
Scott Hirst
Boston University - School of Law
Downloads 265 (245,122)

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Shareholder voting, corporate governance, charter amendment, broker voting

21.

The Thrusts and Parries of Policy Arguments

Number of pages: 64 Posted: 29 Apr 2024 Last Revised: 10 Apr 2025
Scott Hirst
Boston University - School of Law
Downloads 5 (1,293,512)

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policy, regulation, argumentation