Carol Liao

Peter A. Allard School of Law

Associate Professor and UBC Sauder Distinguished Scholar

University of British Columbia

1822 East Mall

Vancouver, British Columbia V6T 1Z1

Canada

http://allard.ubc.ca/about-us/our-people/carol-liao

SCHOLARLY PAPERS

19

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Scholarly Papers (19)

1.

Corporate Governance for Sustainability

Number of pages: 6 Posted: 07 Jan 2020 Last Revised: 30 Jun 2020
Warwick Law School, Nyenrode Business university, University of Oxford - Said Business School, University of Cambridge - Centre for Business Research (CBR), University of Michigan, Institut d'Etudes Politiques de Paris (Sciences Po), Columbia University School of Law, École Nationale Supérieure des Mines de Paris - Centre de Gestion Scientifique (CGS), Indiana University Maurer School of Law, Washington and Lee University - School of Law, University of Bristol, University of Oslo - Faculty of Law, University of Georgia School of Law, University of York - York Law School, City University London - The Business SchoolCardiff Business School, University of Bristol, Peter A. Allard School of Law, Ecole Universitaire de Management Clermont-Ferrand, University of Essex, University of San Francisco - School of Business and Management, University of New South Wales (UNSW) - UNSW Law & Justice, Drucker Institute, Essex Business School, Frank Bold, Morgan State University, Durham Business School, Liverpool Hope University, The University of Manchester - School of Law, De Montfort University - Faculty of Business and Law, Wellesley College - Department of Economics, University of Birmingham, Linnaeus University, Edge Hill University School of Law, Criminology and Policing, Queen Mary University of London - School of Law, University of California, Davis - School of Law, Queen's University Belfast - School of Law, affiliation not provided to SSRN, University of South Australia, University of Leicester - Management Centre, University of York, HEC Paris, University of Glasgow, University College London - Faculty of Laws, School of Law, King's College, London; Centre for Business Research, University of Cambridge, Royal Holloway, University of London, The City Law School, University of Sheffield, University College London, Faculty of LawsUniversity College London, Faculty of Laws, Nyenrode Business University, University of Oregon - Department of Management, Rotterdam School of Management, Erasmus University, University of Westminster, Universidad Andres Bello, University of Colorado at Boulder, University of Alberta - Department of Accounting, Operations & Information Systems, Queen’s University, School of Business and Economics, Linnaeus University, University of Auckland Business School, Zefat Academic College, University of Leeds, University of Dundee - Department of Accountancy & Business Finance, affiliation not provided to SSRN, Oxford Brookes Business School, University of Leicester, Hofstra University College of Law, The Open University - Department of Political Economics, University of Leeds - School of Law, University of Massachusetts, University of Sheffield, School of Law, ICCE, Goldsmiths, University of London, University of Glasgow and College of Business, United Arab Emirates University
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Citation 4

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corporate governance, company law, director duties, board obligations, sustainable finance action plan, sustainability strategy, ESG, shareholder primacy, sustainable development, climate change

2.

The Modern Corporation Statement on Company Law

Number of pages: 4 Posted: 29 Oct 2016
Cornell Law School - Jack G. Clarke Business Law Institute (deceased), SciencesPo, University of Bristol, University of Cambridge - Centre for Business Research (CBR), Boston College Law School, Warwick Law School, University of Kent - Kent Law School, Vanderbilt University - Law School, University of York - York Law School, Queen Mary University of London - School of Law, Queen Mary, University of London, (CCLS), Washington and Lee University - School of Law, University of Oslo - Faculty of Law, University of Bristol, Indiana University Maurer School of Law, University of Essex - School of Law, University of York (UK), University of Michigan, Stephen M. Ross School of Business, The University of ManchesterUniversity of Manchester - School of Law, The Business School, University of Colorado Denver, University of Leeds - School of Law, University College London, Faculty of LawsUniversity College London, Faculty of Laws, Deakin University, Geelong, Australia - Deakin Law School, University of Waikato - Management School, The University of Hong Kong - School of Business, University of Leeds, University of Georgia School of Law, University of California, Davis - School of Law, Hofstra University College of Law, University of Technology, Sydney, Washington and Lee University - School of Law, University of Brescia, Wachtell, Lipton, Rosen & Katz, Peter A. Allard School of Law, University of Victoria - Faculty of Law, Case Western Reserve University School of Law, Seyfarth Shaw LLP, Audencia School of Management, University of California, Berkeley - School of Law, INSEAD, Alvares Penteado School of Business (Fecap), Independent, Universidad Complutense de Madrid (UCM) - Colegio Universitario de Estudios Financieros (CUNEF)Universidad Complutense de Madrid (UCM) - Colegio Universitario de Estudios Financieros (CUNEF), Université Grenoble Alpes, São Paulo Law School of Fundação Getulio Vargas FGV DIREITO SP, University of Glasgow, Griffith University Law School, NYU School of Law, University of South Australia, University of Greenwich - School of Law, Queen's University Belfast - School of Law, Independent, City University London - The Business SchoolCardiff Business School, Nyenrode Business university and UN Special Rapporteur for Freedom of Expression
Downloads 2,841 (7,813)
Citation 6

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Company, Law, Corporate, Governance

3.

A Canadian Model of Corporate Governance

Dalhousie Law Journal, Vol 37, No 2, Fall 2014
Number of pages: 43 Posted: 16 Nov 2013 Last Revised: 15 Jul 2015
Carol Liao
Peter A. Allard School of Law
Downloads 1,238 (28,336)

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corporate governance, corporate law, Canada, shareholder primacy, stakeholder interests, fiduciary duties, common law, BCE, poison pills, Canadian Securities Adminstrators, proposed NI 62-105, shareholder rights, securities regulation, OSC, TSX, institutional investors

4.

Corporate Governance Reform for the 21st Century: A Critical Reassessment of the Shareholder Primacy Model

Ottawa Law Review, Vol. 43(2), Forthcoming
Number of pages: 46 Posted: 03 Nov 2012 Last Revised: 29 Nov 2018
Carol Liao
Peter A. Allard School of Law
Downloads 536 (87,508)
Citation 1

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corporate governance, shareholder primacy, global financial crisis, Glass-Steagall act, originate-to-distribute model of lending, subprime mortgage crisis, Chicago school law and economics, institutional law and economics, new institutional economics

5.

The Next Stage of CSR for Canada: Transformational Corporate Governance, Hybrid Legal Structures, and the Growth of Social Enterprise

McGill International Journal of Sustainable Development Law and Policy, Vol. 9, No. 1, p. 54, 2013
Number of pages: 34 Posted: 31 May 2013 Last Revised: 04 Feb 2019
Carol Liao
Peter A. Allard School of Law
Downloads 526 (89,601)

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corporate law, corporate governance, corporate social responsibility, shareholder primacy, BCE, Peoples, team production theory, hybrid, social enterprise, co-operative ownership, community interest company, community contribution company, benefit corporation, transformational, Canada, US, UK

6.

Power Without Property, Still: Unger, Berle, and the Derivatives Revolution

Seattle University Law Review, Vol. 33, p. 889, 2010
Number of pages: 41 Posted: 24 Feb 2010 Last Revised: 09 Jun 2010
Cristie Ford and Carol Liao
Peter A. Allard School of Law and Peter A. Allard School of Law
Downloads 387 (128,761)
Citation 1

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destabilization rights, property, Unger, Berle, derivatives, legal theory

7.

A Critical Canadian Perspective on the Benefit Corporation

"The Benefit Corporation and the Firm Commitment Universe" Special Symposium Edition of the Seattle University Law Review, Vol. 40, No. 2, 2017
Number of pages: 34 Posted: 07 Mar 2017 Last Revised: 18 Oct 2018
Carol Liao
Peter A. Allard School of Law
Downloads 283 (180,349)

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benefit corporation, B Corporation, social enterprise, corporate law, stakeholder interests, hybrid organizations, Canada

8.

Early Lessons in Social Enterprise Law

Forthcoming in The Cambridge Handbook for Social Enterprise Law (Cambridge University Press) B. Means & J. Yockey, eds.
Number of pages: 21 Posted: 19 Jul 2018 Last Revised: 10 Sep 2018
Carol Liao
Peter A. Allard School of Law
Downloads 270 (189,082)
Citation 2

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Social enterprise, social entrepreneur, corporate law, benefit corporation, community interest company, low-profit limited liability company, hybrid corporations

9.

A Canadian Model of Corporate Governance: Where Do Shareholders Really Stand?

Director Journal of the Institute of Corporate Directors, January/February 2014, p. 36.
Number of pages: 3 Posted: 16 Jan 2014
Carol Liao
Peter A. Allard School of Law
Downloads 239 (213,282)
Citation 1

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corporate governance, corporate law, Canada, shareholder primacy, stakeholder interests, fiduciary duties, common law, poison pills, Canadian Securities Administrators, proposed NI 62-105, shareholder rights, securities regulation

10.

Disruptive Innovation and the Global Emergence of Hybrid Corporate Legal Structures

European Company Law, Volume 11, Issue 2, University of Oslo Faculty of Law Research Paper No. 2014-16
Number of pages: 13 Posted: 09 Jul 2014 Last Revised: 12 Jul 2014
Carol Liao
Peter A. Allard School of Law
Downloads 221 (229,953)

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Disruptive innovation; corporate governance; corporate law; social enterprises; social value; corporate social responsibility; for-profit corporation; non-profit organization

11.

Innovating Business for a Sustainable Post-Pandemic Future

Chapter 1 in Beate Sjåfjell, Carol Liao and Aikaterini Argyrou (eds), Innovating Business for Sustainability: Regulatory Approaches in the Anthropocene (Edward Elgar Publishing, 2022). , University of Oslo Faculty of Law Research Paper No. 2022-13, Nordic & European Company Law Working Paper No. 22-10
Number of pages: 14 Posted: 14 Jan 2022 Last Revised: 08 Dec 2022
Peter A. Allard School of Law, University of Oslo - Faculty of Law and Utrecht University, School of Law, Students
Downloads 194 (259,105)

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planetary boundaries, social foundations, regulation, law, gender sustainability

12.

Power and the Gender Imperative in Corporate Law

In Creating Corporate Sustainability. Gender as an Agent for Change, Beate Sjåfjell and Irene Lynch Fannon (eds), Cambridge University Press, 2018, University of Oslo Faculty of Law Research Paper No. 2018-17
Number of pages: 23 Posted: 16 May 2018 Last Revised: 30 Jul 2021
Carol Liao
Peter A. Allard School of Law
Downloads 146 (330,522)
Citation 1

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Power, gender, corporate law, corporate governance, business, capital, shareholder primacy, feminist legal theory, sustainability, implicit bias

13.

Limits to Corporate Reform and Alternative Legal Structures

Company Law and Sustainability: Legal Barriers and Opportunities, Beate Sjåfjell and Benjamin Richardson, eds. (Cambridge University Press, 2015). , University of Oslo Faculty of Law Research Paper No. 2015-32
Number of pages: 41 Posted: 22 Sep 2015 Last Revised: 19 Jun 2018
Carol Liao
Peter A. Allard School of Law
Downloads 132 (357,569)

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shareholder primacy, corporate law, corporate governance, path dependence, co-operative ownership, community interest company, low profit limited liability company, B Corporation, benefit corporation, community contribution company, United Kingdom, United States, Canada

14.

Social Enterprise Law: Friend or Foe to Corporate Sustainability?

In Beate Sjåfjell and Christopher M. Bruner (eds), Cambridge Handbook of Corporate Law, Corporate Governance and Sustainability (Cambridge University Press, 2019), Chapter 46. , University of Oslo Faculty of Law Research Paper No. 2019-50
Number of pages: 19 Posted: 08 May 2019 Last Revised: 30 Jul 2021
Carol Liao
Peter A. Allard School of Law
Downloads 92 (462,031)

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social purpose, social enterprise certification, benefit corporation, social cooperative, community interest company

15.

The Global Social Enterprise Lawmaking Phenomenon: State Initiatives on Purpose, Capital, and Taxation

Windsor Yearbook of Access to Justice (2019) 86
Number of pages: 31 Posted: 27 Nov 2020
Peter A. Allard School of Law, affiliation not provided to SSRN and affiliation not provided to SSRN
Downloads 59 (591,988)

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social enterprise; social enterprise law; corporate purpose; taxation; stakeholders; cooperative; social cooperative; work integration social enterprise; social welfare enterprise; benefit corporation; community interest company; community company; social capital

16.

The Questionable Rise of ‘Good’ Corporations and Hybrid Business Law: Theoretical Trappings, Methodological Challenges, and Transdisciplinary Futures

Chapter 7 in Beate Sjåfjell, Roseanne Russell and Maja van der Velden (eds), Interdisciplinary Research for Sustainable Business: Perspectives of Women Business Scholars (Springer, in print 2022), University of Oslo Faculty of Law Research Paper No. 2022-33
Posted: 11 Feb 2022
Carol Liao
Peter A. Allard School of Law

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Benefit corporation, B Corporation, corporate sustainability, corporate social responsibility, shareholder primacy myth

17.

Corporate Law and Sustainability in a Reimagined Post-Pandemic World

Chapter 13 in Beate Sjåfjell, Carol Liao and Aikaterini Argyrou (eds), Innovating Business for Sustainability: Regulatory Approaches in the Anthropocene (Edward Elgar Publishing, 2022). , University of Oslo Faculty of Law Research Paper No. 2022-24
Posted: 14 Jan 2022 Last Revised: 22 Sep 2022
Peter A. Allard School of Law, University of Oslo - Faculty of Law and Utrecht University, School of Law, Students

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Anthropocene, Commons, Collaboration, Regulation, Law, Business

18.

Regulation by Litigation on the Path to Sustainable Corporations

Chapter 11 in Beate Sjåfjell, Carol Liao and Aikaterini Argyrou (eds), Innovating Business for Sustainability: Regulatory Approaches in the Anthropocene (Edward Elgar Publishing, 2022). , University of Oslo Faculty of Law Research Paper No. 2022-22
Posted: 14 Jan 2022 Last Revised: 23 Sep 2022
Carol Liao
Peter A. Allard School of Law

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doing by suing; climate litigation; human rights; sustainability; oppression remedy; fiduciary duties

19.

Designing Social Value Architecture for the For-Profit Company

Canadian Review of Social Policy, Vol. 67, p. 85, 2012
Posted: 04 Nov 2012 Last Revised: 09 Nov 2012
Carol Liao
Peter A. Allard School of Law

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corporate law, corporate governance, for-profit corporation, dual mission, social value, social policy, social economy