M. Todd Henderson

University of Chicago - Law School

Professor

1111 E. 60th St.

Chicago, IL 60637

United States

  • University of Chicago - Law School

    • Email
    • Tel: 773-834-4168
    • Fax: 773-702-0730
SCHOLARLY PAPERS

41

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Top 2,839

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25,333

TOTAL CITATIONS
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Top 5,500

in Total Papers Citations

336

Scholarly Papers (41)

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1.

Everything Old is New Again: Lessons from Dodge v. Ford Motor Company

U of Chicago Law & Economics, Olin Working Paper No. 373
Number of pages: 39 Posted: 17 Dec 2007
M. Todd Henderson
University of Chicago - Law School
Downloads 2,959 (9,440)
Citation 37

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corporate law

2.

A Regulatory Classification of Digital Assets: Toward an Operational Howey Test for Cryptocurrencies, ICOs, and Other Digital Assets

2019 Columbia Business Law Review 444, University of Chicago Coase-Sandor Institute for Law & Economics Research Paper No. 858, U of Chicago, Public Law Working Paper No. 683
Number of pages: 52 Posted: 17 Oct 2018 Last Revised: 25 Mar 2025
M. Todd Henderson and Max Raskin
University of Chicago - Law School and New York University School of Law
Downloads 2,354 (13,652)
Citation 4

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cryptocurrency, initial coin offering, securities regulation, Howey, digital asset

3.

Credit Derivatives Are Not 'Insurance'

University of Chicago Law & Economics, Olin Working Paper No. 476
Number of pages: 59 Posted: 11 Aug 2009 Last Revised: 14 Mar 2010
M. Todd Henderson
University of Chicago - Law School
Downloads 1,517 (27,178)
Citation 33

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4.

Other People's Money

Stanford Law Review, Vol. 60, Symposium issue, 2008, U of Chicago Law & Economics, Olin Working Paper No. 359
Number of pages: 48 Posted: 27 Sep 2007 Last Revised: 13 Oct 2008
Douglas G. Baird and M. Todd Henderson
University of Chicago Law School and University of Chicago - Law School
Downloads 1,504 (27,551)
Citation 2

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5.

Hiding in Plain Sight: Can Disclosure Enhance Insiders’ Trade Returns?

U of Chicago Law & Economics, Olin Working Paper No. 411, CLEA 2008 Meetings Paper, Rock Center for Corporate Governance at Stanford University Working Paper No. 7
Number of pages: 33 Posted: 27 May 2008 Last Revised: 05 Aug 2012
M. Todd Henderson, Alan D. Jagolinzer and Karl A. Muller
University of Chicago - Law School, University of Cambridge Judge Business School and Pennsylvania State University - Department of Accounting
Downloads 1,336 (32,818)
Citation 4

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Rule 10b5-1, voluntary disclosure, insider trading

6.

Lawyer CEOs

Journal of Financial and Quantitative Analysis, volume 60, issue 2, 2025[10.1017/S0022109023001333]
Number of pages: 5 Posted: 25 Feb 2017 Last Revised: 13 Apr 2025
M. Todd Henderson, Irena Hutton, Danling Jiang and Matthew Pierson
University of Chicago - Law School, Florida State University - College of Business, College of Business, Stony Brook University and Wharton Research Data Services (WRDS)
Downloads 1,241 (36,507)
Citation 5

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CEOs, legal expertise, corporate litigation, value creation, Sarbanes-Oxley Act

7.

CEO Traits and Firm Outcomes: Do Early Childhood Experiences Matter?

Number of pages: 56 Posted: 17 May 2019
M. Todd Henderson and Irena Hutton
University of Chicago - Law School and Florida State University - College of Business
Downloads 1,067 (45,492)
Citation 6

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CEO Characteristics, risk preferences, social class

8.

Do Accounting Rules Matter? The Dangerous Allure of Mark to Market

U of Chicago Law & Economics, Olin Working Paper No. 458
Number of pages: 43 Posted: 16 Apr 2009 Last Revised: 08 Aug 2010
Richard A. Epstein and M. Todd Henderson
New York University School of Law and University of Chicago - Law School
Downloads 990 (50,575)
Citation 1

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financial bailout, mark-to-market, historical cost, bubbles, regulation, securities

9.

Boards-R-Us: Reconceptualizing Corporate Boards

University of Chicago Coase-Sandor Institute for Law & Economics Research Paper No. 646, UCLA School of Law, Law-Econ Research Paper No. 13-11
Number of pages: 74 Posted: 10 Jul 2013 Last Revised: 14 Aug 2013
Stephen M. Bainbridge and M. Todd Henderson
University of California, Los Angeles (UCLA) - School of Law and University of Chicago - Law School
Downloads 968 (52,190)
Citation 5

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boards of directors, corporate governance, corporate law

10.

From 'Seriatim' to Consensus and Back Again: A Theory of Dissent

U of Chicago Law & Economics, Olin Working Paper No. 363, U of Chicago, Public Law Working Paper No. 186
Number of pages: 47 Posted: 09 Oct 2007 Last Revised: 07 Apr 2008
M. Todd Henderson
University of Chicago - Law School
Downloads 779 (70,111)
Citation 34

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11.

Can Lawyers Stay in the Driver's Seat?

University of Chicago Institute for Law & Economics Olin Research Paper No. 629
Number of pages: 46 Posted: 16 Jan 2013
Daniel G. Currell and M. Todd Henderson
Gustavus Adolphus College and University of Chicago - Law School
Downloads 690 (82,121)
Citation 2

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12.

Prediction Markets for Corporate Governance

Notre Dame Law Review, Vol. 82, No. 4, 2007, U Chicago Law & Economics, Olin Working Paper No. 307, GWU Law School Public Law Research Paper No. 221, GWU Legal Studies Research Paper No. 221
Number of pages: 55 Posted: 08 Sep 2006 Last Revised: 08 Oct 2007
Michael Abramowicz and M. Todd Henderson
George Washington University Law School and University of Chicago - Law School
Downloads 679 (83,834)

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13.

Corporate Heroin: A Defense of Perks, Executive Loans, and Conspicuous Consumption

Number of pages: 53 Posted: 05 Oct 2004
M. Todd Henderson and James C. Spindler
University of Chicago - Law School and University of Texas School of Law
Downloads 640 (90,413)
Citation 1

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perks, motivation, employe incentives

14.

Corporate Philanthropy and the Market for Altruism

U of Chicago Law & Economics, Olin Working Paper No. 399, Columbia Law Review, Forthcoming
Number of pages: 45 Posted: 14 Apr 2008 Last Revised: 24 Oct 2008
M. Todd Henderson and Anup Malani
University of Chicago - Law School and University of Chicago - Law School
Downloads 593 (99,695)
Citation 5

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15.

Citing Fiction

The Green Bag: An Entertaining Journal of Law, Vol. 11, No. 2, Winter 2008, U of Chicago, Public Law Working Paper No. 212
Number of pages: 22 Posted: 28 Mar 2008
M. Todd Henderson
University of Chicago - Law School
Downloads 560 (107,117)

Abstract:

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judges, judicial opinions, literature

16.

Paying CEOs in Bankruptcy: Executive Compensation when Agency Costs are Low

Northwestern University Law Review, Vol. 101, No. 4, 2007, U Chicago Law & Economics, Olin Working Paper No. 306
Number of pages: 63 Posted: 29 Aug 2006 Last Revised: 24 Oct 2007
M. Todd Henderson
University of Chicago - Law School
Downloads 539 (112,486)
Citation 60

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Executive compensation, bankruptcy, corporations

17.

Insider Trading and CEO Pay

U of Chicago Law & Economics, Olin Working Paper No. 521, 5th Annual Conference on Empirical Legal Studies Paper
Number of pages: 42 Posted: 13 May 2010 Last Revised: 08 Aug 2010
M. Todd Henderson
University of Chicago - Law School
Downloads 535 (113,494)
Citation 8

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executive compensation, insider trading, corporate governance, corporate law, securities regulation

18.

Pay for Regulator Performance

Downloads 527 (115,670)
Citation 21

Pay for Regulator Performance

U of Chicago Law & Economics, Olin Working Paper No. 574, Boston Univ. School of Law, Law and Economics Research Paper No. 11-43, Boston Univ. School of Law, Public Law Research Paper No. 11-43
Number of pages: 78 Posted: 28 Aug 2011 Last Revised: 12 Sep 2011
Frederick Tung and M. Todd Henderson
Boston University School of Law and University of Chicago - Law School
Downloads 376 (170,165)
Citation 21

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bank, bank examiner, banking regulation, incentive pay, pay for performance, financial crisis

Pay for Regulator Performance

Number of pages: 76 Posted: 17 Jan 2012
M. Todd Henderson and Frederick Tung
University of Chicago - Law School and Boston University School of Law
Downloads 151 (421,574)

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19.

Predicting Crime

U of Chicago Law & Economics, Olin Working Paper No. 402
Number of pages: 64 Posted: 14 Apr 2008
M. Todd Henderson, Justin Wolfers and Eric Zitzewitz
University of Chicago - Law School, University of Michigan at Ann Arbor - Department of Economics and Dartmouth College - Department of Economics
Downloads 525 (116,240)
Citation 1

Abstract:

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20.

Making a Market for Corporate Disclosure

35 Yale Journal on Regulation 383 (2018), University of Chicago Coase-Sandor Institute for Law & Economics Research Paper No. 769
Number of pages: 55 Posted: 25 Jul 2016 Last Revised: 09 Apr 2025
Kevin S. Haeberle and M. Todd Henderson
University of California, Irvine School of Law and University of Chicago - Law School
Downloads 479 (130,412)

Abstract:

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Corporate Disclosure, Securities Regulation

21.

Becoming a Fifth Branch

Cornell Law Review, Vol. 99, 2013, University of Chicago Institute for Law & Economics Olin Research Paper No. 618
Number of pages: 70 Posted: 09 Nov 2012 Last Revised: 19 Nov 2013
William A. Birdthistle and M. Todd Henderson
Chicago-Kent College of Law - Illinois Institute of Technology and University of Chicago - Law School
Downloads 466 (134,262)
Citation 6

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22.

Deconstructing Duff & Phelps

University of Chicago Law Review, Vol. 74, 2007, U of Chicago Law & Economics, Olin Working Paper No. 338
Number of pages: 28 Posted: 30 Mar 2007
M. Todd Henderson
University of Chicago - Law School
Downloads 428 (148,383)

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Judge Richard A. Posner, case law, corporate and securities practice

23.

Introduction to 'The Going Private Phenomenon: Causes and Implications'

U of Chicago Law & Economics, Olin Working Paper No. 430
Number of pages: 5 Posted: 19 Sep 2008
M. Todd Henderson and Richard A. Epstein
University of Chicago - Law School and New York University School of Law
Downloads 392 (163,960)
Citation 2

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24.

Information-Dissemination Law: The Regulation of How Market-Moving Information Is Revealed

101 Cornell Law Review 1373 (2016)
Number of pages: 72 Posted: 27 Apr 2016 Last Revised: 12 Jul 2024
Kevin S. Haeberle and M. Todd Henderson
University of California, Irvine School of Law and University of Chicago - Law School
Downloads 370 (174,983)
Citation 2

Abstract:

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corporate disclosure, securities regulation, Regulation FD

25.

The Nanny Corporation

U of Chicago Law & Economics, Olin Working Paper No. 456
Number of pages: 77 Posted: 26 Feb 2009 Last Revised: 19 Feb 2010
M. Todd Henderson
University of Chicago - Law School
Downloads 364 (178,149)
Citation 5

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26.

One Hat Too Many?: Investment Desegregation in Private Equity

University of Chicago Law Review, Vol. 76, No. 45, 2009, U of Chicago Law & Economics, Olin Working Paper No. 427
Number of pages: 40 Posted: 07 Sep 2008 Last Revised: 12 Mar 2013
William A. Birdthistle and M. Todd Henderson
Chicago-Kent College of Law - Illinois Institute of Technology and University of Chicago - Law School
Downloads 354 (183,683)
Citation 37

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27.

Two Visions of Corporate Law

U of Chicago Law & Economics, Olin Working Paper No. 449
Number of pages: 19 Posted: 15 Jan 2009
M. Todd Henderson
University of Chicago - Law School
Downloads 321 (204,238)
Citation 22

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28.

Judicial Noncompliance with Mandatory Procedural Rules Under the PSLRA

44 Journal of Legal Studies S87 (2015), University of Chicago Coase-Sandor Institute for Law & Economics Research Paper No. 671, U of Chicago, Public Law Working Paper No. 455
Number of pages: 37 Posted: 11 Jan 2014 Last Revised: 28 Aug 2015
M. Todd Henderson and William H. J. Hubbard
University of Chicago - Law School and University of Chicago Law School
Downloads 309 (212,827)
Citation 1

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29.

Congress's Commissioners: Former Hill Staffers at the SEC and Other Independent Regulatory Commissions

Yale Journal on Regulation, Vol. 38, pp. 175-245, University of Chicago Coase-Sandor Institute for Law & Economics Research Paper No. 875, U of Chicago, Public Law Working Paper No. 703
Number of pages: 72 Posted: 11 Mar 2019 Last Revised: 14 Jan 2025
Brian D. Feinstein and M. Todd Henderson
University of Pennsylvania - The Wharton School and University of Chicago - Law School
Downloads 270 (245,141)

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Independent Regulatory Commissions, Appointments, Executive Appointments, Congress

30.

Justifying Jones

University of Chicago Law Review, Forthcoming, U of Chicago Law & Economics, Olin Working Paper No. 491
Number of pages: 21 Posted: 04 Nov 2009 Last Revised: 07 Dec 2009
M. Todd Henderson
University of Chicago - Law School
Downloads 200 (328,505)

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Jones v. Harris Associates, Supreme Court, Frank Easterbrook

31.

Self-Regulation for the Mortgage Industry

University of Chicago Coase-Sandor Institute for Law & Economics Research Paper No. 638
Number of pages: 47 Posted: 31 Mar 2013
M. Todd Henderson
University of Chicago - Law School
Downloads 196 (334,696)
Citation 30

Abstract:

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32.

A New Market-Based Approach to Securities Law

85 University of Chicago Law Review 1313 (2018)
Number of pages: 81 Posted: 27 Aug 2018 Last Revised: 12 Jul 2024
Kevin S. Haeberle and M. Todd Henderson
University of California, Irvine School of Law and University of Chicago - Law School
Downloads 182 (358,207)
Citation 1

Abstract:

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Securities Regulation, Securities Litigation

33.

Proposed Brief of Current and Retired Practitioners and Professors as Amici Curiae in Support of Reversal in In re Tesla, Inc. Derivative Litigation

Fordham Law Legal Studies Research Paper No. 5184169, U Iowa Legal Studies Research Paper No. 2025-23
Number of pages: 33 Posted: 15 Apr 2025 Last Revised: 22 May 2025
Stanley Keller, John Olson, David Schellhase, Marc Sonnenfeld, Robert Anderson, Stephen M. Bainbridge, Jeffrey L. Coles, Ronald J. Colombo, Benjamin Edwards, Martin Edwards, Richard Epstein, Caleb N. Griffin, Sean J. Griffith, M. Todd Henderson, Swaminathan L. Kalpathy, Steven N. Kaplan, Jeremy Kidd, Jonathan R. Macey, Ivan Marinovic, Robert T. Miller, George A. Mocsary, Seth Oranburg, Charles R.T. O'Kelley, Keith Sharfman, Kelly Shue, JW Verret and Charles K. Whitehead
Troutman Sanders LLP, affiliation not provided to SSRN, affiliation not provided to SSRN, affiliation not provided to SSRN, University of Arkansas, Fayetteville - School of Law, University of California, Los Angeles (UCLA) - School of Law, University of Utah - Department of Finance, Hofstra University - Maurice A. Deane School of Law, University of Nevada, William S. Boyd School of Law, The University of Mississippi School of Law, New York University School of Law, University of North Carolina School of Law, Fordham University School of Law, University of Chicago - Law School, Texas Christian University - M.J. Neeley School of Business, University of Chicago - Booth School of Business, Drake University - Law School, Yale Law School, Graduate School of Business, Stanford University, University of Iowa College of Law, University of Wyoming College of Law, University of New Hampshire Franklin Pierce School of Law, Adolf A. Berle, Jr. Center on Corporations, Law and Society, Seattle University School of Law, St. John's University School of Law, Yale School of Management, affiliation not provided to SSRN and Cornell Law School
Downloads 165 (390,749)

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34.

Impact of the Rakoff Ruling

Number of pages: 20 Posted: 26 Feb 2010
M. Todd Henderson
University of Chicago - Law School
Downloads 156 (410,044)

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Securities, settlement, judges

35.

Reverse Regulatory Arbitrage: An Auction Approach to Regulatory Assignments

University of Chicago Institute for Law & Economics Olin Research Paper No. 610, U of Chicago, Public Law Working Paper No. 397, Boston Univ. School of Law, Law and Economics Research Paper No. 12-49, Boston Univ. School of Law, Public Law Research Paper No. 12-49
Number of pages: 63 Posted: 13 Aug 2012
M. Todd Henderson and Frederick Tung
University of Chicago - Law School and Boston University School of Law
Downloads 141 (445,310)
Citation 1

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36.

The Influence of F.A. Hayek on Law: An Empirical Analysis

NYU Journal of Law & Liberty, Vol. 1, p. 249, 2005
Number of pages: 42 Posted: 24 Mar 2010
M. Todd Henderson
University of Chicago - Law School
Downloads 113 (529,719)

Abstract:

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Economists, citations, Nobel Prize

37.

Paying Bank Examiners for Performance

Regulation, Vol. 35, No. 1, Spring 2012, Boston Univ. School of Law, Law and Economics Research Paper No. 12-20, Boston Univ. School of Law, Public Law Research Paper No. 12-20
Number of pages: 9 Posted: 03 Apr 2012
M. Todd Henderson and Frederick Tung
University of Chicago - Law School and Boston University School of Law
Downloads 104 (563,496)

Abstract:

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38.

Ads Aren’t Stocks, or How Bad Analogies Make Bad Law

Number of pages: 54 Posted: 03 Apr 2023 Last Revised: 13 Apr 2023
M. Todd Henderson
University of Chicago - Law School
Downloads 102 (571,449)

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digital advertising, securities regulation

39.

The Impotence of Delaware's Taxes: A Short Response to Professor Barzuza's 'Delaware's Compensation'

In Brief (Online Magazine of the Virginia Law Review), Forthcoming, U of Chicago Law & Economics, Olin Working Paper No. 439
Number of pages: 9 Posted: 27 Oct 2008
M. Todd Henderson
University of Chicago - Law School
Downloads 86 (637,606)

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corporate income tax, corporate governance

40.

Voice versus Exit in Health Care Policy

Pathology Case Reviews, Vol. 17, No. 4, July/August 2012, University of Chicago Institute for Law & Economics Olin Research Paper No. 613, U of Chicago, Public Law Working Paper No. 402
Number of pages: 9 Posted: 27 Oct 2012
M. Todd Henderson
University of Chicago - Law School
Downloads 83 (651,274)

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law and economics, federalism, health care policy, birth control

41.

The Boundaries of 'Team' Production of Corporate Governance

Seattle University Law Review, Vol. 38, No. 2, 2015
Number of pages: 31 Posted: 07 Apr 2021
Anthony Casey and M. Todd Henderson
University of Chicago Law School and University of Chicago - Law School
Downloads 49 (858,921)

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