Leo Strine

University of Pennsylvania Carey Law School

Adjunct Professor of Law

3501 Sansom Street

Philadelphia, PA 19104

United States

Wachtell, Lipton, Rosen & Katz

Of Counsel

51 W 52nd St

New York, NY 10019

United States

  • University of Pennsylvania Carey Law School

  • Wachtell, Lipton, Rosen & Katz

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SCHOLARLY PAPERS

58

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81

Scholarly Papers (58)

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1.

Director Liability

Delaware Journal of Corporate Law, Vol. 31, No. 3, pp. 1011-1045, 2006
Number of pages: 35 Posted: 20 Nov 2006
Lucian A. Bebchuk, Joseph E. Bachelder, Roel C. Campos, Byron S. Georgiou, Alan G. Hevesi, William Lerach, Robert Mendelsohn, Robert A.G. Monks, Toby Myerson, John F. Olson, Leo Strine and John C. Wilcox
Harvard Law School, Bachelder Law Offices, U.S. Securities and Exchange Commission, Lerach Coughlin Stoia Geller Rudman & Robbins LLP, New York State Office of the State Comptroller, Lerach Coughlin Stoia Geller Rudman & Robbins LLP, Royal & Sun Alliance, Harvard College, Paul, Weiss, Rifkind, Wharton & Garrison LLP, Gibson, Dunn & Crutcher LLP, and SODALI
Downloads 3,775 (3,590)
Citation 2

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delaware, journal, corporate, law, transcript, personal liability, directors, Harvard Law, Corporate governance, directors, boards, shareholders, shareholder suits, liability, plaintiffs lawyers, derivative suits, securities litigation, D&O insurance

2.

Loyalty's Core Demand: The Defining Role of Good Faith in Corporation Law

Georgetown Law Journal, Vol. 93, p. 629, 2010, Widener Law School Legal Studies Research Paper No. 09-13, Harvard Law and Economics Discussion Paper No. 630
Number of pages: 70 Posted: 27 Feb 2009 Last Revised: 09 Mar 2012
Leo Strine, Lawrence A. Hamermesh, R. Franklin Balotti and Jeffrey M. Gorris
, Widener University Delaware Law School, Richards, Layton & Finger and Friedlander & Gorris, P.A.
Downloads 2,898 (5,630)
Citation 2

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Good faith, Loyalty, Fiduciary duties, Corporate governance, Directors, Boards, Shareholders, Director liability, Monitoring

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labor, unions, gainsharing, sustainability, corporate governance, inequality, institutional investors, corporations, long-term investment, Business corporation law, corporate elections & governance, reform, institutional investors, corporate social responsibility, labor, collective bargaining

4.

Documenting the Deal: How Quality Control and Candor Can Improve Boardroom Decision-Making and Reduce the Litigation Target Zone

Downloads 2,571 ( 6,857)
Citation 1

Documenting the Deal: How Quality Control and Candor Can Improve Boardroom Decision-Making and Reduce the Litigation Target Zone

Forthcoming, The Business Lawyer, Harvard Law School John M. Olin Center Discussion Paper No. 794
Number of pages: 53 Posted: 25 Oct 2014 Last Revised: 31 Oct 2014
Leo Strine
Downloads 2,238 (8,377)

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Mergers, Acquisitions, Corporate Law, corporate governance, Delaware, plaintiffs lawyers, securities litigation, financial advisors, conflicts of interests

Documenting the Deal: How Quality Control and Candor Can Improve Boardroom Decision-Making and Reduce the Litigation Target Zone

Business Lawyer, May 2015 Forthcoming , U of Penn, Inst for Law & Econ Research Paper No. 15-9
Number of pages: 53 Posted: 14 Mar 2015 Last Revised: 15 Apr 2015
Leo Strine
Downloads 333 (117,671)

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Mergers and acquisitions, independent outside advisors, litigation avoidance, corporation law, business judgment rule, transparency, disclosure, discovery, independent directors, fiduciary responsibility, duty of loyalty

5.

Who Bleeds When the Wolves Bite? A Flesh-and-Blood Perspective on Hedge Fund Activism and Our Strange Corporate Governance System

Yale Law Journal, Vol. 126, Pg. 1870, 2017, U of Penn, Inst for Law & Econ Research Paper No. 17-5, Harvard Law School, John M. Olin Institute for Law, Economics, and Business Discussion Paper no. 899
Number of pages: 103 Posted: 22 Feb 2017 Last Revised: 20 Apr 2017
Leo Strine
Downloads 2,495 (7,180)
Citation 7

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Business corporation law, securities regulation, activist hedge funds, wolf pack activism, corporate governance, social responsibility, money managers, disclosure, transparency, private equity, inequality, longtermism, long-termism, shorttermism, short-termism, retirement, savings

6.

The Dangers of Denial: The Need for a Clear-Eyed Understanding of the Power and Accountability Structure Established by the Delaware General Corporation Law

Wake Forest Law Review, Vol. 50, Pg. 761, 2015, U of Penn, Inst for Law & Econ Research Paper No. 15-08
Number of pages: 43 Posted: 11 Mar 2015 Last Revised: 30 Sep 2016
Leo Strine
Downloads 1,819 (11,959)
Citation 5

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Corporations, Delaware General Corporation Law, DGCL, fiduciary duties, duty of loyalty, short-term profit maximization, Dodge v. Ford Motor Co., Revlon, Inc. v. MacAndrews & Forbes Holdings, Inc., Unocal v. Mesa Petroleum Co., corporate constituency statutes

7.

Can We Do Better by Ordinary Investors? A Pragmatic Reaction to the Dueling Ideological Mythologists of Corporate Law

Columbia Law Review, Vol. 114, No. 2, pp 449-502, March 2014, Harvard Law and Economics Discussion Paper No. 766, U of Penn, Inst for Law & Econ Research Paper No. 14-43
Number of pages: 56 Posted: 08 Apr 2014 Last Revised: 19 Nov 2014
Leo Strine
Downloads 1,707 (13,238)
Citation 5

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Short-termism, myopia, corporate governance, shareholders, boards, managers, long-term value, investor horizons, shareholder rights, shareholder power, shareholder activism, takeovers, corporate elections, entrenchment, antitakeover defenses, market efficiency, hedge funds

8.

Towards a True Corporate Republic: A Traditionalist Response to Bebchuk's Solution for Improving Corporate America

Harvard Law Review, Vol. 119, p. 1759, 2006, Harvard Law and Economics Discussion Paper No. 541
Number of pages: 25 Posted: 14 Feb 2006 Last Revised: 25 Nov 2014
Leo Strine
Downloads 1,692 (13,436)
Citation 24

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corporate governance, shareholders, managers, directors, boards, proxy contests, precatory resolutions, corporate charters, corporate elections

9.

The New Federalism of the American Corporate Governance System: Preliminary Reflections of Two Residents of One Small State

University of Pennsylvania Law Review, Vol. 152, P. 953, 2003, NYU, Ctr for Law and Business Research Paper No. 03-01, U of Penn, Inst for Law & Econ Research Paper No. 03-03
Number of pages: 54 Posted: 08 Jan 2003 Last Revised: 21 Nov 2014
William B. Chandler and Leo Strine
Government of the State of Delaware - Court of Chancery and
Downloads 1,446 (17,125)
Citation 10

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10.

The Siren Song of Unlimited Contractual Freedom

Research Handbook on Partnerships, LLCs and Alternative Forms of Business Organizations (Robert W. Hillman and Mark J. Loewenstein eds.) (Edward Elgar Publishing, 2015, Forthcoming) , Harvard Law School John M. Olin Center Discussion Paper No. 789
Number of pages: 33 Posted: 18 Aug 2014 Last Revised: 30 Aug 2014
Leo Strine and J. Travis Laster
and Court of Chancery of the State of Delaware
Downloads 1,366 (18,675)

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Alternative entities, contractual freedom, standardization, transaction costs, defaults, fiduciary duty

11.

Toward Common Sense and Common Ground? Reflections on the Shared Interests of Managers and Labor in a More Rational System of Corporate Governance

Journal of Corporation Law, Fall 2007, U of Penn, Inst for Law & Econ Research Paper No. 07-25, Harvard Law and Economics Discussion Paper No. 585
Number of pages: 40 Posted: 30 May 2007
Leo Strine
Downloads 1,104 (25,601)
Citation 20

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Directors, Boards, Shareholders, Corporate governance, Managers, Corporate elections, Institutional investors, Corporate social responsibility, CSR, Social welfare, Organized labor, Accountability, Durable wealth creation

12.

The Delaware Way: How We Do Corporate Law and Some of the New Challenges We (and Europe) Face

Delaware Journal of Corporate Law, Vol. 30, No. 3, pp. 673-696, 2005
Number of pages: 24 Posted: 31 Mar 2006
Leo Strine
Downloads 1,044 (27,732)
Citation 3

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Delaware, Journal, Corporate, Law, challenges, globalization, international, Europe

13.

Putting Stockholders First, Not the First-Filed Complaint

Business Lawyer, Vol. 69, 2013, Harvard John M. Olin Center for Law, Economics, and Business Discussion Paper No. 740, Widener Law School Legal Studies Research Paper No. 13-25
Number of pages: 105 Posted: 17 Jan 2013 Last Revised: 15 Jan 2014
Leo Strine, Lawrence A. Hamermesh and Matthew Jennejohn
, Widener University Delaware Law School and Brigham Young University - J. Reuben Clark Law School
Downloads 1,008 (29,194)
Citation 2

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class actions, derivative suits, forum non conveniens, first-filed rule, multi-forum litigation, internal affairs doctrine, choice of law, choice of forum, state of incorporation

14.

Citizens United As Bad Corporate Law

U of Penn, Inst for Law & Econ Research Paper No. 18-28, Harvard Law School, John M. Olin Institute for Law, Economics, and Business Discussion Paper No. 972, Yale Law & Economics Research Paper No. 598
Number of pages: 106 Posted: 05 Sep 2018 Last Revised: 12 Sep 2018
Jonathan R. Macey and Leo Strine
Yale Law School and
Downloads 899 (34,276)
Citation 2

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15.

Corporate Power is Corporate Purpose I: Evidence from My Hometown

Oxford Review of Economic Policy, Forthcoming, U of Penn, Inst for Law & Econ Research Paper No. 16-34, Harvard Law School John M. Olin Center for Law, Economics, and Business Discussion Paper no. 895
Number of pages: 41 Posted: 27 Jan 2017 Last Revised: 28 Feb 2017
Leo Strine
Downloads 832 (38,140)

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short-termism, institutional investors, corporate law, corporations, fiduciary duties, Dodge v. Ford, corporate constituency statutes, corporate governance, social responsibility, CSR, stakeholders, activist investors, myopia, shareholders, boards, managers, DuPont, need for stakeholder protections

16.

Duty and Diversity

U of Penn, Inst for Law & Econ Research Paper No. 21-08, Columbia Law and Economics Working Paper No. 642, Vanderbilt Law Review, Forthcoming
Number of pages: 90 Posted: 19 Feb 2021 Last Revised: 31 Mar 2021
Chris Brummer and Leo Strine
Georgetown University Law Center and
Downloads 828 (38,471)
Citation 1

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corporate law, purpose & governance; racial & gender equality; demographic dilemma; inequality; sustainable firm profitability; reputation; diversity, equity, inclusion; DEI initiatives; fiduciary duty principles covering directors & officers; duty of loyalty; Caremark

17.

Conservative Collision Course?: The Tension between Conservative Corporate Law Theory and Citizens United

Cornell Law Review, Vol. 100, P. 335, 2015, Harvard Law School John M. Olin Center Discussion Paper No. 788, U of Penn, Inst for Law & Econ Research Paper No. 14-42
Number of pages: 57 Posted: 17 Aug 2014 Last Revised: 26 Feb 2015
Leo Strine and Nicholas Walter
and Wachtell, Lipton, Rosen & Katz
Downloads 818 (39,068)
Citation 2

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Corporate governance, political spending, Citizens United, conservative corporate theory, regulatory externalities, lobbying, profit maximization, constitutional law, election law, labor law

18.

Restoration: The Role Stakeholder Governance Must Play in Recreating a Fair and Sustainable American Economy - A Reply to Professor Rock

Business Lawyer, Vol. 76 (forthcoming Spring 2021)., U of Penn, Inst for Law & Econ Research Paper No. 21-03, Columbia Law and Economics Working Paper No. 637, Harvard Law School Program on Corporate Governance Working Paper No. 2020-10
Number of pages: 71 Posted: 16 Dec 2020 Last Revised: 05 Jan 2021
Leo Strine
Downloads 770 (42,556)
Citation 1

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labor, gainsharing, sustainability, corporate governance, corporate governance reform, inequality, institutional investors, corporations, long-term investment, reform, corporate social responsibility, stakeholder capitalism, stakeholder governance, fair economy, sustainable economy, corporate law, t

19.

Fiduciary Principles and Delaware Corporation Law: Searching for the Optimal Balance by Understanding that the World is Not

Oxford Handbook of Fiduciary Law, Forthcoming, U of Penn, Inst for Law & Econ Research Paper No. 17-40
Number of pages: 44 Posted: 29 Sep 2017 Last Revised: 11 Oct 2017
Lawrence A. Hamermesh and Leo Strine
Widener University Delaware Law School and
Downloads 699 (48,337)
Citation 1

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fiduciary duties, directors, fiduciaries

20.

A Job Is Not a Hobby: The Judicial Revival of Corporate Paternalism and Its Problematic Implications

Journal of Corporation Law, Vol. 41, P. 71, 2015, U of Penn, Inst for Law & Econ Research Paper No. 15-2
Number of pages: 76 Posted: 28 Jan 2015 Last Revised: 08 Apr 2016
Leo Strine
Downloads 671 (51,020)
Citation 4

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Hobby Lobby; corporate law; corporate paternalism

21.

Caremark and ESG, Perfect Together: A Practical Approach to Implementing an Integrated, Efficient, and Effective Caremark and EESG Strategy

Iowa Law Review, Vol. 106, pp. 1885-1922 (2021), U of Penn, Inst for Law & Econ Research Paper No. 20-45
Number of pages: 38 Posted: 30 Jul 2020 Last Revised: 02 Jul 2021
Leo Strine, Kirby Smith and Reilly Steel
, Independent and Princeton University
Downloads 551 (65,873)

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Corporate Governance, Social Responsibility, ESG, EESG, Caremark, Sustainability, Corporations, Corporate Social Responsibility, Corporate Purpose

22.

Human Freedom and Two Friedmen: Musings on the Implications of Globalization for the Effective Regulation of Corporate Behavior

U of Penn, Inst for Law & Econ Research Paper No. 07-26
Number of pages: 50 Posted: 25 Oct 2007
Leo Strine
Downloads 529 (69,033)

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Corporate governance, Shareholders, Labor, Managers, Globalization, Corporate social responsibility, CSR, Shareholder value, Accountability, Sovereignty, International regulation, Economic liberty, New Deal, Externalities, Regulatory arbitrage, International norms and cooperation

23.

Corporate Power Ratchet: The Courts' Role in Eroding 'We the People's' Ability to Constrain Our Corporate Creations

Harvard Civil Rights-Civil Liberties Law Review (CR-CL), Vol. 51, P. 423, 2016, U of Penn, Inst for Law & Econ Research Paper No. 15-37
Number of pages: 58 Posted: 27 Oct 2015 Last Revised: 24 Feb 2017
Leo Strine
Downloads 489 (75,982)

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Citizens United, constitutional law, First Amendment, election law, political spending, corporate law, moneyed interests, dark money, administrative law, public law, agency rulemaking

24.

Delaware Corporate Law and the Model Business Corporation Act: A Study in Symbiosis

Law and Contemporary Problems, Vol. 74, p. 107, 2011, Widener Law School Legal Studies Research Paper No. 11-15
Number of pages: 15 Posted: 26 Mar 2011
Jeffrey M. Gorris, Lawrence A. Hamermesh and Leo Strine
Friedlander & Gorris, P.A., Widener University Delaware Law School and
Downloads 468 (80,118)
Citation 1

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Delaware, corporation law, corporate law, model business corporation act, corporations

25.

Fiduciary Blind Spot: The Failure of Institutional Investors to Prevent the Illegitimate Use of Working Americans’ Savings for Corporate Political Spending

Harvard Law School, John M. Olin Institute for Law, Economics, and Business Discussion Paper No. 1022, U of Penn, Inst for Law & Econ Research Paper No. 19-03
Number of pages: 61 Posted: 20 Dec 2018 Last Revised: 06 Jan 2021
Leo Strine
Downloads 465 (80,740)
Citation 3

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Corporate Governance, Institutional Investors, Shareholder Activism, Passive Investing, Index Funds, Mutual Funds, Shareholder Voting, Corporate Political Spending, Citizens United, Social Responsibility

26.

Optimizing The World’s Leading Corporate Law: A 20-Year Retrospective and Look Ahead

Business Lawyer, Forthcoming, U of Penn, Inst for Law & Econ Research Paper No. 21-29, Harvard Law School Program on Corporate Governance Working Paper No. 2021-12
Number of pages: 90 Posted: 03 Nov 2021 Last Revised: 14 Dec 2021
Lawrence Hamermesh, Jack B. Jacobs and Leo Strine
Institute for Law & Economics, University of Pennsylvania Carey Law School, Young Conaway Stargatt & Taylor, LLP and
Downloads 461 (81,654)

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Business corporation law, corporate governance, Delaware, standards of review, independent director decision-making, demands of excusal in derivative cases, disinterested or controlling shareholders, substantive coercion, targeting officers with negligence claims in derivative suits, books & records

27.

Making it Easier for Directors to 'Do the Right Thing'?

Harvard Business Law Review, Vol. 4, P. 235, 2014, U of Penn, Inst for Law & Econ Research Paper No. 14-41
Number of pages: 21 Posted: 18 Dec 2014
Leo Strine
Downloads 457 (82,526)
Citation 1

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Law and economics, corporate governance, social responsibility, stakeholders, benefit corporations, mergers and acquisitions, M&A, Delaware corporation law, social entrepreneurship, sustainability, return on investment, profitability

28.

Stewardship 2021: The Centrality of Institutional Investor Regulation to Restoring a Fair and Sustainable American Economy

U of Penn, Inst for Law & Econ Research Paper No. 20-55, Columbia Law and Economics Working Paper No. 633
Number of pages: 35 Posted: 11 Nov 2020
Leo Strine
Downloads 448 (84,636)

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Shareholder Activism, Index Funds, Mutual Funds, Shareholder Voting, Corporate Political Spending, Citizens United, corporate purpose, corporate social responsibility, stakeholders, stakeholder governance, stakeholder capitalism, corporate constituencies, EESG, gainsharing, sustainability, corporate

29.

The Soviet Constitution Problem in Comparative Corporate Law: Testing the Proposition that European Corporate Law is More Stockholder Focused than U.S. Corporate Law

89 S. Cal. L. Rev. 1239 (2016), U of Penn, Inst for Law & Econ Research Paper No. 15-39
Number of pages: 70 Posted: 11 Nov 2015 Last Revised: 31 Mar 2017
Leo Strine
Downloads 409 (93,872)
Citation 3

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shareholder, stockholder, rights, power, voting, profit, profit maximization, returns, corporation, company, corporate law, comparative law, corporate governance, directors, fiduciary duty, regulation, government, M&A, takeover, non frustration rule, United States, Europe, member states, Delaware

30.

Corporate Power is Corporate Purpose II: An Encouragement for Future Consideration from Professors Johnson and Millon

Washington and Lee Law Review, Forthcoming, U of Penn, Inst for Law & Econ Research Paper No. 16-35, Harvard Law School, John M. Olin Institute for Law, Economics, and Business Discussion Paper no. 896
Number of pages: 13 Posted: 28 Jan 2017 Last Revised: 04 Mar 2019
Leo Strine
Downloads 408 (94,121)

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Corporate law, corporations, fiduciary duties, corporate purpose, corporate governance, Hobby Lobby, institutional ownership and control, board of directors, corporate inversions, social responsibility, stakeholders, shareholders, corporate constituency statutes, Delaware General Corporation Law

31.

Originalist or Original: The Difficulties of Reconciling Citizens United with Corporate Law History

The Harvard John M. Olin Discussion Paper No. 812
Number of pages: 94 Posted: 16 Feb 2015 Last Revised: 26 Feb 2015
Leo Strine and Nicholas Walter
and Wachtell, Lipton, Rosen & Katz
Downloads 388 (99,730)
Citation 2

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Citizens United, corporate law, originalism, legal history

32.

Toward Fair Gainsharing and a Quality Workplace for Employees: How a Reconceived Compensation Committee Might Help Make Corporations More Responsible Employers and Restore Faith in American Capitalism

U of Penn, Inst for Law & Econ Research Paper No. 20-37 Harvard John M. Olin Discussion Paper No. 1035
Number of pages: 28 Posted: 12 Jun 2020 Last Revised: 15 Jan 2021
Leo Strine and Kirby Smith
and Independent
Downloads 385 (100,665)

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Corporate Governance, Social Responsibility, ESG, Employee Benefits, Compensation Committee, labor, unions, gainsharing, sustainability, inequality, institutional investors, corporations, institutional investors, corporate social responsibility, collective bargaining

33.

The Inescapably Empirical Foundation of the Common Law of Corporations

Number of pages: 26 Posted: 22 Nov 2003
Leo Strine
Downloads 347 (113,062)

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34.

Our Continuing Struggle with the Idea that For-Profit Corporations Seek Profit

Wake Forest Law Review, Vol. 47, P. 135, 2012
Number of pages: 38 Posted: 15 Nov 2014
Leo Strine
Downloads 336 (117,265)
Citation 2

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Law and economics, shareholder primacy, corporate governance, business ethics, risk management

35.

Realigning the Standard of Review of Director Due Care with Delaware Public Policy: A Critique of Van Gorkom and its Progeny as a Standard of Review Problem

Northwestern University Law Review, Vol. 96, P. 449, 2002
Number of pages: 18 Posted: 22 Nov 2014
William T. Allen, Jack B. Jacobs and Leo Strine
New York University School of Law, Young Conaway Stargatt & Taylor, LLP and
Downloads 298 (133,337)
Citation 2

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36.

Lifting Labor’s Voice: A Principled Path Toward Greater Worker Voice And Power Within American Corporate Governance

U of Penn, Inst for Law & Econ Research Paper No. 21-09, Columbia Law and Economics Working Paper No. 643, Minnesota Law Review, Forthcoming
Number of pages: 66 Posted: 25 Feb 2021 Last Revised: 01 Apr 2021
Leo Strine, Aneil Kovvali and Oluwatomi Williams
, University of Chicago Law School and Wachtell, Lipton, Rosen & Katz
Downloads 286 (139,118)

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board codetermination, European codetermination, comparative law, election system & administration, corporate governance, board operation with worker representatives, shareholder primacy, stakeholder governance, EESG disclosure requirements, workforce committee, labor law reform, inequality, duties

37.

The Social Responsibility of Boards of Directors and Stockholders in Charge of Control Transactions: Is There Any 'There' There?

Southern California Law Review, Vol. 75, P. 1169, 2002
Number of pages: 19 Posted: 22 Nov 2014 Last Revised: 24 Nov 2014
Leo Strine
Downloads 263 (152,124)

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38.

'Mediation Only' Filings in the Delaware Court of Chancery: Can New Value Be Added by One of America's Business Courts?

Duke Law Journal, Vol. 53, P. 585, 2003
Number of pages: 12 Posted: 12 Jun 2003 Last Revised: 24 Nov 2014
Leo Strine
Downloads 240 (165,901)

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Delaware Court of Chancery, business disputes, mediation

39.

Securing Our Nation's Economic Future: A Sensible, Nonpartisan Agenda to Increase Long-Term Investment and Job Creation in the United States

U of Penn, Inst for Law & Econ Research Paper No. 15-41
Number of pages: 51 Posted: 09 Dec 2015
Leo Strine
Downloads 190 (206,298)
Citation 2

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short-termism, tax policy, infrastructure, climate change, institutional investors, benefit corporation, carbon tax, trading tax, basic research

40.

Originalist or Original: The Difficulties of Reconciling Citizens United with Corporate Law History

Notre Dame Law Review, Vol. 91, Pg. 877, 2016, U of Penn, Inst for Law & Econ Research Paper No. 15-3
Number of pages: 59 Posted: 21 Feb 2015 Last Revised: 30 Sep 2016
Leo Strine and Nicholas Walter
and Wachtell, Lipton, Rosen & Katz
Downloads 186 (210,207)
Citation 1

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Jurisprudence, constitutional interpretation, original intent, original understanding, originalism, election law, campaign finance reform, corporate personhood, general corporation statutes, political speech, First National Bank of Boston v. Bellotti, Santa Clara County v. Southern Pacific Railroad

41.

Made for this Moment: The Enduring Relevance of Adolf Berle's Belief in a Global New Deal

Harvard Law School John M. Olin Center for Law, Economics, and Business Discussion Paper no. 968, U of Penn, Inst for Law & Econ Research Paper No. 18-21
Number of pages: 85 Posted: 01 Aug 2018 Last Revised: 21 Aug 2018
Leo Strine
Downloads 149 (253,615)

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New Deal, Global New Deal, international trade, inequality, economic security, social security, Berle, FDR, labor, populism, globalism, Benefit Corporation, corporate responsibility, corporate social responsibility

42.

Duty & the Death Penalty

Widener Law Review, Vol. 21, P. 1, 2015
Number of pages: 26 Posted: 25 Oct 2014 Last Revised: 25 Feb 2015
Leo Strine
Downloads 139 (268,039)

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43.

Criminal Justice and (a) Catholic Conscience

Santa Clara Law Review, Vol. 56, P. 631, 2016, U of Penn Law School, Public Law Research Paper No. 16-6
Number of pages: 46 Posted: 19 Feb 2016 Last Revised: 03 Feb 2017
Leo Strine
Downloads 136 (272,637)

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criminal justice, ethics, capital punishment, Catholicism, Christianity, redemption, incarceration rates, law enforcement, mandatory minimum sentences, race, discriminatory sentences, bail, poor, income gap

44.

Toward Racial Equality: The Most Important Things The Business Community Can Do

U of Penn, Inst for Law & Econ Research Paper No. 20-56, Columbia Law and Economics Working Paper No. 635
Number of pages: 11 Posted: 11 Nov 2020
Leo Strine
Downloads 134 (275,789)

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Corporations, corporate governance, institutional investors, boards, corporate & boardroom diversity, inclusion, systemic racism, racial diversity & equity, equal opportunity, wealth gap, increased economic & income inequality, pay equity, living wage, labor, workers, fair pay, duty of fairness

45.

Delaware's Constitutional Mirror Test: Our Moral Obligation to Make the Promise of Equality Real

U of Penn Law School, Public Law Research Paper No. 17-43, Harvard Public Law Working Paper No. 17-47
Number of pages: 60 Posted: 29 Sep 2017 Last Revised: 10 Dec 2017
Leo Strine
Downloads 130 (282,000)

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public education, school districts, Brown v. Board of Education, incarceration rates, school to prison pipeline, resegregation, desegregation, equality, inequality, Delaware, Wilmington, New Castle County

46.

Looking Back with a Legend: Ira Millstein Reflects on the Impact of Milton Friedman’s Views on Corporate Governance

The Business Lawyer (Vol. 76)
Number of pages: 10 Posted: 10 Sep 2021
Ira M. Millstein, Leo Strine and Eric L. Talley
Weil Gotshal & Manges LLP, and Columbia University - School of Law
Downloads 129 (283,653)

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Friedman Doctrine, Corporate Law, Corporate Governance, Purpose of the Corporation, Shareholder Primacy, ESG

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labor, unions, gainsharing, sustainability, corporate governance, inequality, institutional investors, corporations, long-term investment, transition to clean economy, fairness for workers, consumers & ordinary investors

48.

The Great Takeover Debate: A Meditation on Bridging the Conceptual Divide

University of Chicago Law Review, Vol. 69, P. 1067, 2002
Number of pages: 32 Posted: 22 Nov 2014
William T. Allen, Jack B. Jacobs and Leo Strine
New York University School of Law, Young Conaway Stargatt & Taylor, LLP and
Downloads 120 (299,261)

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49.

Perfectly Frank: A Reflection on Quality Lawyering in Honor of R. Franklin Balotti

Business Lawyer, Forthcoming, U of Penn, Inst for Law & Econ Research Paper No. 17-19
Number of pages: 31 Posted: 05 May 2017
Leo Strine, James J. Hanks Jr., John F. Olson, A. Gilchrist Sparks, E. Norman Veasey and Gregory Willilams
, Ballard Spahr LLP, Gibson, Dunn & Crutcher LLP, Morris, Nichols, Arsht & Tunnell, Attorneys At Law, Supreme Court of Delaware and Richards, Layton & Finger
Downloads 97 (345,946)

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corporate law, ethics, legal profession, empathy, Delaware, clients, directors, buyers, stockholders, mergers and acquisitions, M&A, business judgment, owners, judgment, integrity

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Business law, legal education

51.

Poor Pitiful or Potently Powerful Preferred?

University of Pennsylvania Law Review, Vol. 161, P. 2057, 2013
Number of pages: 16 Posted: 16 Nov 2014
Leo Strine
Downloads 91 (360,208)
Citation 1

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Law and economics, corporate finance and governance, securities law, equity, contracts

52.

Development on a Cracked Foundation: How the Incomplete Nature of New Deal Labor Reform Presaged its Ultimate Decline

Harvard Journal on Legislation, Vol. 57, p. 67, 2020, Harvard Public Law Working Paper No. 19-48, U of Penn, Inst for Law & Econ Research Paper No. 19-43
Number of pages: 24 Posted: 22 Nov 2019 Last Revised: 03 Mar 2020
Leo Strine
Downloads 69 (422,746)

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labor & employment law, American political development, law & economics, worker protections, economic security, racial inequality, industrial relations, unions & collective bargaining, administrative & regulatory state, NLRB, market-based economy, globalization, Great Depression, global New Deal

53.

The Professorial Bear Hug: The ESB Proposal as a Conscious Effort to Make the Delaware Courts Confront the Basic 'Just Say No' Question

Stanford Law Review, Vol. 55, P. 863, 2002
Number of pages: 21 Posted: 20 Nov 2014
Leo Strine
Downloads 55 (472,612)

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Law and economics, mergers and acquisitions, M&A, Delaware corporation law, corporate governance, effective staggered board

54.

Regular (Judicial) Order as Equity: The Enduring Value of the Distinct Judicial Role

Temple Law Review, Vol. 87, P. 99, 2014
Number of pages: 10 Posted: 23 Oct 2014 Last Revised: 05 May 2015
Leo Strine
Downloads 35 (564,118)

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56.

The Win-Win That Wasn’t: Managing to the Stock Market’s Negative Effects on American Workers and Other Corporate Stakeholders

University of Chicago Coase-Sandor Institute for Law & Economics Research Paper No. 940, U of Penn, Inst for Law & Econ Research Paper No. 22-01
Number of pages: 44 Posted: 13 Jan 2022 Last Revised: 19 Jan 2022
Aneil Kovvali and Leo Strine
University of Chicago Law School and
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Corporations, corporate law, governance, & decisionmaking, profit & shareholder value maximization, short-termism, cost & risk shifting, political process & power, flawed assumptions, stakeholders, labor, societal interests, externalities, sustainable wealth creation, Frank Easterbrook, Dan Fischel

57.

Session IV: The Law, Corporate Governance, and Economic Justice

Journal of Applied Corporate Finance, Vol. 31, Issue 3, pp. 44-63, 2019
Number of pages: 22 Posted: 27 May 2020
Leo Strine, Eric L. Talley, Mark J. Roe, Jill Fisch and Bruce Kogut
, Columbia University - School of Law, Harvard Law School, affiliation not provided to SSRN and Columbia University - Sociology/Columbia Business School
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