The Top 10 Corporate and Securities Articles of 1996

     The Corporate Practice Commentator is pleased to announce the results of its annual poll on the 10 best corporate and securities articles. Teachers in corporate and securities laws were asked to select the best corporate and best securities articles from a list of all articles published during 1996. Because of the vagaries of publication and mailing some articles published in 1996 contain a 1995 date and not all articles containing a 1996 date were published in time to be included in this list. The articles, listed in alphabetical order, are:
  • Black, Bernard and Reinier Kraakman   A Self-Enforcing Model of Corporate Law, 109 Harv. L. Rev. 1911 (1996)
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  • Gilson, Ronald J.  Corporate Governance and Economic Efficiency: When Do Institutions Matter?, 74 Wash. U. L.Q. 327 (1996)

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  • Hu, Henry T.C.  Hedging Expectations: "Derivative Reality" and the Law and Finance of the Corporate Objective, 21 J. Corp. L. 3 (1995)
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  • Kahan, Marcel & Michael Klausner  Path Dependence in Corporate Contracting: Increasing Returns, Herd Behavior and Cognitive Biases, 74 Wash. U. L.Q. 347 (1996)
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  • Kitch, Edmund W.  The Theory and Practice of Securities Disclosure, 61 Brooklyn L. Rev. 763 (1995)
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  • Langevoort, Donald C.  Selling Hope, Selling Risk: Some Lessons for Law From Behavioral Economics About Stockbrokers and Sophisticated Customers, 84 Cal. L. Rev. 627 (1996)
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  • Lin, Laura  The Effectiveness of Outside Directors as a Corporate Governance Mechanism: Theories and Evidence, 90 Nw. U.L. Rev. 898 (1996)
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  • Millstein, Ira M.  The Professional Board, 50 Bus. Law 1427 (1995)

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  • Thompson, Robert B. Exit, Liquidity, and Majority Rule: Appraisal's Role in Corporate Law, 84 Geo. L.J. 1 (1995)
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  • Triantis, George G. and Daniels, Ronald J.  The Role of Debt in Interactive Corporate Governance. 83 Cal. L. Rev. 1073 (1995)
    •  The "10 best" articles were chosen from more than 300 corporate and securities articles published during the year. Three dozen law professors participated in this year's selection.

    Best Articles 2001 Best Articles 2000Best Articles 1999Best Articles 1998
    Best Articles 1997 Best Articles 1995Best Articles 1994