Cleaning Corporate Governance

Although empirical scholarship dominates the field of law and finance, much of it shares a common vulnerability: an abiding faith in the accuracy and integrity of a small, specialized collection of corporate governance data. In this Article, we unveil a novel collection of three decades’ worth of corporate charters for thousands of public companies, which shows that this faith is misplaced.

Visiting Professor, Washington University in St. Louis School of Law. Barron F. Black Research Professor, University of Virginia School of Law. Associate Professor of Law and Smith-Rowe Faculty Fellow in Business Law, University of Wisconsin Law School. Isidor & Seville Sulzbacher Professor and Faculty Co-Director of the Ira M. Millstein Center for Global Markets and Corporate Ownership, Columbia Law School.

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Cleaning Corporate Governance