The Corporate Shell Game

69 Pages Posted: 5 Feb 2016

See all articles by J.S. Nelson

J.S. Nelson

Villanova Law School; Villanova School of Business; The Wharton School, University of Pennsylvania; Institute for Corruption Studies

Date Written: January 27, 2016

Abstract

This Article identifies for the first time the hardening of the corporate shell. It provides compelling evidence that shell-hardening pushes and disguises the way that corporations and agents commit large-scale wrongdoing, and it traces the contributing legal streams that protect the agents who engage in this behavior. The only way to combat widespread frauds that inflict damage on the public is for the corporate shell to become less opaque.

Keywords: Citizens United, corporate law, Hobby Lobby, criminal conspiracy, civil conspiracy, corporate conspiracy, Volkswagen, Libor, financial crisis, DOJ, SEC, securities fraud, securities crime, intracorporate conspiracy, wrongdoing, corporate social responsibility, paper dragon, animation

Suggested Citation

Nelson, Josephine, The Corporate Shell Game (January 27, 2016). Available at SSRN: https://ssrn.com/abstract=2727496 or http://dx.doi.org/10.2139/ssrn.2727496

Josephine Nelson (Contact Author)

Villanova Law School ( email )

299 N. Spring Mill Road
Villanova, PA 19085
United States

Villanova School of Business ( email )

800 Lancaster Avenue
Villanova, PA 19085-1678
United States

The Wharton School, University of Pennsylvania ( email )

3730 Walnut Street
Room 668 Jon M. Huntsman Hall
Philadelphia, PA 19104-6340
United States

Institute for Corruption Studies

Stevenson Hall 425
Normal, IL 61790-4200
United States

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