Jonathan R. Macey

Yale Law School

Sam Harris Professor of Corporate Law, Corporate Finance, and Securities Law

P.O. Box 208215

New Haven, CT 06520-8215

United States

European Corporate Governance Institute (ECGI)

c/o the Royal Academies of Belgium

Rue Ducale 1 Hertogsstraat

1000 Brussels

Belgium

SCHOLARLY PAPERS

36

DOWNLOADS
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Top 1,238

in Total Papers Downloads

32,072

SSRN CITATIONS
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SSRN RANKINGS

Top 5,804

in Total Papers Citations

76

CROSSREF CITATIONS

151

Scholarly Papers (36)

1.

The Corporate Governance of Banks

Economic Policy Review, Vol. 9, No. 1, April 2003
Number of pages: 17 Posted: 07 Sep 2005
Jonathan R. Macey and Maureen O'Hara
Yale Law School and Cornell University - Samuel Curtis Johnson Graduate School of Management
Downloads 11,459 (600)
Citation 13

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corporate governance, commercial banks, fiduciary duties

2.

Finding Order in the Morass: The Three Real Justifications for Piercing the Corporate Veil

Cornell Law Review, Forthcoming, Yale Law & Economics Research Paper No. 488
Number of pages: 80 Posted: 19 Feb 2014 Last Revised: 25 Sep 2014
Jonathan R. Macey and Joshua Mitts
Yale Law School and Columbia Law School
Downloads 6,751 (1,506)
Citation 8

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3.

Down and Out in the Stock Market: The Law and Finance of the Delisting Process

Number of pages: 51 Posted: 31 Aug 2004
Jonathan R. Macey, Maureen O'Hara and David Pompilio
Yale Law School, Cornell University - Samuel Curtis Johnson Graduate School of Management and Cornell University - Samuel Curtis Johnson Graduate School of Management
Downloads 1,731 (14,521)
Citation 46

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4.

Was Arthur Andersen Different? An Empirical Examination of Major Accounting Firms' Audits of Large Clients

Cornell Legal Studies Research Paper No. 04-03, Yale Law & Economics Research Paper No. 287
Number of pages: 35 Posted: 26 Nov 2003
Theodore Eisenberg and Jonathan R. Macey
Cornell University, Law School (Deceased) and Yale Law School
Downloads 1,193 (25,394)
Citation 15

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5.

Reducing Systemic Risk: The Role of Money Market Mutual Funds as Substitutes for Federally Insured Bank Deposits

Yale Law & Economics Research Paper No. 422
Number of pages: 63 Posted: 05 Jan 2011 Last Revised: 23 Jan 2011
Jonathan R. Macey
Yale Law School
Downloads 1,038 (31,068)
Citation 2

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banks, financial institutions, mutual funds, money market mutual funds, net asset value, regulation, securities, Securities and Exchange Commission, Rule 2a-7

6.

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 945 (35,437)
Citation 2

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7.

Observations on the Role of Commodification, Independence and Governance in the Accounting Industry

Yale Law & Economics Research Paper No. 294; and Villanova Law/Public Policy Research Paper No. 2003-18
Number of pages: 23 Posted: 08 Dec 2003
Jonathan R. Macey and Hillary A. Sale
Yale Law School and Georgetown University Law Center
Downloads 798 (44,742)
Citation 10

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Enron, Corporate Governance, Securities Law, Securities Regulation, Corporate Law, Sarbanes-Oxley

8.

Objectivity, Proximity and Adaptability in Corporate Governance

Number of pages: 30 Posted: 15 Jul 2000
Arnoud W. A. Boot and Jonathan R. Macey
University of Amsterdam - Amsterdam Business School and Yale Law School
Downloads 783 (45,840)
Citation 5

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9.

The Central Role of Myth in Corporate Law

European Corporate Governance Institute - Law Working Paper No. 519/2020
Number of pages: 68 Posted: 14 Aug 2019 Last Revised: 26 May 2020
Jonathan R. Macey
Yale Law School
Downloads 757 (48,011)
Citation 3

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corporations, myth, legitimization

10.

Helping Law Catch Up to Markets: Applying Broker-Dealer Law to Subprime Mortgages

Journal of Corporation Law, Vol. 33, 2009, Yale Law & Economics Research Paper No. 359, Johnson School Research Paper Series No. #12-09
Number of pages: 55 Posted: 23 Nov 2008 Last Revised: 15 Jul 2009
Yale Law School, New York University School of Law, Cornell University - Samuel Curtis Johnson Graduate School of Management and Davis Polk & Wardwell LLP
Downloads 692 (54,212)

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securities law, subprime, reves test, crisis, mortgage

11.

Towards a New Theory of Corporate Governance: Objectivity Versus Proximity

Number of pages: 35 Posted: 21 Mar 2005
Arnoud W. A. Boot, Jonathan R. Macey and Anjolein Schmeits
University of Amsterdam - Amsterdam Business School, Yale Law School and New York University (NYU) - Leonard N. Stern School of Business
Downloads 653 (58,264)
Citation 3

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Corporate governance, monitoring, asset structure

12.

ESG Investing: Why Here? Why Now?

Yale Law & Economics Research Paper Forthcoming, Law & Economics Center at George Mason University Scalia Law School Research Paper Series No. 22-013
Number of pages: 34 Posted: 26 Oct 2021 Last Revised: 10 Mar 2022
Jonathan R. Macey
Yale Law School
Downloads 637 (60,146)

Abstract:

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Corporate Governance, ESG Investing

13.

Securities Regulation as Class Warfare

Columbia Business Law Review, Forthcoming
Number of pages: 31 Posted: 25 Feb 2021
Jonathan R. Macey
Yale Law School
Downloads 590 (66,328)

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Securities Regulation, Efficiency, Fairness, GameStop, Robinhood, Reddit

14.

Stealing Fannie and Freddie

Number of pages: 7 Posted: 29 Apr 2014
Jonathan R. Macey and Logan Beirne
Yale Law School and Yale University - Law School
Downloads 544 (73,498)

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15.

Bank Corporate Governance: A Proposal for the Post-Crisis World

Economic Policy Review, Issue Aug, pp. 85-105, 2016
Number of pages: 21 Posted: 23 Aug 2016 Last Revised: 16 Dec 2017
Jonathan R. Macey and Maureen O'Hara
Yale Law School and Cornell University - Samuel Curtis Johnson Graduate School of Management
Downloads 469 (88,060)
Citation 4

Abstract:

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banks, corporate governance, risk management, bank holding companies, BHC

16.

Asking the Right Question: The Statutory Right of Appraisal and Efficient Markets

Yale Law & Economics Research Paper, European Corporate Governance Institute (ECGI) - Law Working Paper No. 428/2018, Columbia Law and Economics Working Paper No. 596
Number of pages: 67 Posted: 19 Nov 2018 Last Revised: 20 Dec 2018
Jonathan R. Macey and Joshua Mitts
Yale Law School and Columbia Law School
Downloads 424 (98,998)

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merger, acquisitions, appraisal, arbitrage, law, finance, efficient, markets

17.

From Orders to Markets

Regulation, Vol. 28, No. 2, pp. 62-70, Summer 2005, Yale Law & Economics Research Paper No. 321
Number of pages: 11 Posted: 10 Aug 2005
Jonathan R. Macey and Maureen O'Hara
Yale Law School and Cornell University - Samuel Curtis Johnson Graduate School of Management
Downloads 416 (101,222)

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Brokers, best execution, traders, securities law

18.
Downloads 412 (102,394)
Citation 5

Judicial Review of Class Action Settlements

NYU Law and Economics Research Paper No. 07-34
Number of pages: 54 Posted: 26 Sep 2007
Jonathan R. Macey and Geoffrey P. Miller
Yale Law School and New York University School of Law
Downloads 211 (204,426)
Citation 4

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Judicial Review of Class Action Settlements

The Journal of Legal Analysis, Vol. 1, No. 1, p. 167-205, 2009
Number of pages: 40 Posted: 26 Feb 2009
Jonathan R. Macey and Geoffrey P. Miller
Yale Law School and New York University School of Law
Downloads 201 (213,840)
Citation 1

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judicial review, class action settlements

19.

Banks: Fundamental Concepts

Carnell, Macey & Miller: The Law of Banking and Financial Institutions (Wolters Kluwer 2017 Forthcoming), NYU Law and Economics Research Paper No. 16-37, Fordham Law Legal Studies Research Paper No. 2847297
Number of pages: 86 Posted: 05 Oct 2016
Richard Scott Carnell, Jonathan R. Macey and Geoffrey P. Miller
Fordham University School of Law, Yale Law School and New York University School of Law
Downloads 307 (141,460)

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20.

Extended Shareholder Liability for Systemically Important Financial Institutions

American University Law Review, Forthcoming, European Corporate Governance Institute - Law Working Paper No. 477/2019
Number of pages: 60 Posted: 21 Oct 2019 Last Revised: 01 Dec 2019
Alessandro Romano, Luca Enriques and Jonathan R. Macey
Bocconi University - Department of Law, University of Oxford Faculty of Law and Yale Law School
Downloads 293 (148,578)
Citation 1

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Corporate Law, Financial Regulation, Systemically Important Financial Institutions, Limited Liability, Too-Big-To-Fail, Shareholder Liability

21.

Government as Contractual Claimant: Tax Policy and the State

Yale Law & Economics Research Paper No. 327, Yale Law School, Public Law Working Paper No. 105, Social Philosophy and Policy, Summer 2006
Number of pages: 54 Posted: 25 Jan 2006
Jonathan R. Macey
Yale Law School
Downloads 276 (157,837)

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Tax Policy, Finance, law and economics

22.

Beyond the Personal Benefit Test: The Economics of Tipping by Insiders

Journal of Law and Public Affairs Vol. 2 (2) 2017, Forthcoming, Yale Law & Economics Research Paper No. 565
Number of pages: 54 Posted: 17 Nov 2016 Last Revised: 07 Jan 2017
Jonathan R. Macey
Yale Law School
Downloads 258 (168,898)

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insider trading, tippee liability, Rule 10b-5, corporate finance, Securities Regulation, corporations

23.

Commission Gallagher's and Professor Grundfest's Wrongful Attack on the Shareholder Rights Project

Yale Law & Economics Research Paper No. 526
Number of pages: 38 Posted: 29 Apr 2015 Last Revised: 06 Aug 2015
Jonathan R. Macey
Yale Law School
Downloads 176 (240,314)

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Shareholder Rights Project, Daniel Gallagher, Joseph Grundfest, Rule 14a-8, shareholder proposals, classified boards, staggered boards, declassification, destaggering

24.

Agency Costs, Corporate Governance and the American Labor Union

Number of pages: 49 Posted: 08 Dec 2019
Jonathan R. Macey
Yale Law School
Downloads 153 (269,925)

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labor law, labor unions, corporate governance, agency costs

25.

Fair Credit Markets: Using Household Balance Sheets to Promote Consumer Welfare

Forthcoming, Texas Law Review, Vol. 100, No. 1, 2022
Number of pages: 57 Posted: 25 Feb 2021
Jonathan R. Macey
Yale Law School
Downloads 138 (293,036)

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consumer protection, predatory lending, payday loans

26.

Extended Shareholder Liability for Systemically Important Financial Institutions

European Banking Institute Working Paper Series – no. 52 (2019)
Number of pages: 58 Posted: 28 Oct 2019
Alessandro Romano, Luca Enriques and Jonathan R. Macey
Bocconi University - Department of Law, University of Oxford Faculty of Law and Yale Law School
Downloads 96 (377,948)
Citation 2

Abstract:

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Corporate Law, Financial Regulation, Systemically Important Financial Institutions, Limited Liability, Too-Big-To-Fail, Shareholder Liability

27.

Toward a "Tender Offer" Market for Labor Representation

Boston College Law Review, Forthcoming, U of Chicago, Public Law Working Paper No. 785, University of Chicago Coase-Sandor Institute for Law & Economics Research Paper No. 947
Number of pages: 55 Posted: 18 Feb 2022 Last Revised: 23 Feb 2022
Aneil Kovvali and Jonathan R. Macey
University of Chicago Law School and Yale Law School
Downloads 74 (441,047)

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labor law, labor unions, agency costs, collective bargaining, market for corporate control

28.

The Value of Reputation in Corporate Finance and Investment Banking (and the Related Roles of Regulation and Market Efficiency)

Journal of Applied Corporate Finance, Vol. 22, Issue 4, pp. 18-29, 2010
Number of pages: 14 Posted: 03 Jan 2011
Jonathan R. Macey
Yale Law School
Downloads 9 (816,605)
Citation 3

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29.

Creditors Versus Capital Formation: The Case Against the European Legal Capital Rules

Posted: 06 Jan 2002
Luca Enriques and Jonathan R. Macey
University of Oxford Faculty of Law and Yale Law School

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30.

The Business of Banking: Before and after Gramm-Leach-Bliley

Posted: 05 Jan 2001
Jonathan R. Macey
Yale Law School

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31.

Measuring the Effectiveness of Different Corporate Governance Systems: Toward a More Scientific Approach

Bank of America Journal of Applied Corporate Finance, Vol. 63, No. 2, 1998.
Posted: 05 Oct 1998
Jonathan R. Macey
Yale Law School

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32.

Flexibility in Determining the Role of the Board of Directors in the Age of Information

In the Cardozo Law Review, Vol. 19, No. 2, 1997.
Posted: 02 Oct 1998
Jonathan R. Macey and Jim Holdcroft
Yale Law School and affiliation not provided to SSRN

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33.

Objectivity, Control, and Adaptability in Corporate Governance

Posted: 23 Sep 1998
Arnoud W. A. Boot and Jonathan R. Macey
University of Amsterdam - Amsterdam Business School and Yale Law School

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35.

The Law and Economics of Best Execution

In the Journal of Financial Intermediation, Vol. 6, No. 3 (1997).
Posted: 08 Oct 1997
Maureen O'Hara and Jonathan R. Macey
Cornell University - Samuel Curtis Johnson Graduate School of Management and Yale Law School

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36.

An Economic Analysis of Conflicts of Interest Regulation

Iowa Law Review, Vol. 82, No. 3 (1997).
Posted: 31 Jan 1997
Jonathan R. Macey and Geoffrey P. Miller
Yale Law School and New York University School of Law

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