The Corporate Practice Commentator is pleased to announce the results of its poll on the best corporate and securities articles published during 1995. Experienced teachers in corporate and securities laws were asked to select the seven best corporate and seven best securities articles from a list of all articles published during 1995. Because of the vagaries of publication and mailing some articles published in 1995 contain a 1994 date and not all articles containing a 1995 date were published in time to be included in this list. The line between corporate and securities law is not always clearly defined and there are some on one list that could have been included on the other. The articles, listed in alphabetical order, are:
Corporations
Arlen, Jennifer and Deborah M. Weiss A Political Theory of Corporate Taxation,. 105 Yale L.J. 325-391 (1995).
Elson, Charles M.The Duty of Care, Compensation, and Stock Ownership, 63 U. Cin. L. Rev. 649 (1995).
Hu, Henry T.C.Heeding Expectations: "Derivative Reality" and the Law and Finance of the Corporate Objective, 73 Tex. L. Rev. 985-1040 (1995).
Kahan, Marcel The Qualified Case Against Mandatory Terms in Bonds, 89 Nw. U.L. Rev. 565-622 (1995).
Klausner, Michael Corporations, Corporate Law, and Networks of Contracts, 81 Va. L. Rev. 757-852 (1995).
Mitchell, Lawrence E. Cooperation and Constraint in the Modern Corporation: An Inquiry Into the Causes of Corporate Immorality, 73 Tex. L. Rev. 477-537 (1995).
Siegel, Mary Back to the Future: Appraisal Rights in the Twenty-First Century, 32 Harv. J. on Legis. 79-143 (1995).
Securities Regulation
Grundfest, Joseph A.Why Disimply? 108 Harv. L. Rev. 727-747 (1995).
Lev, Baruch and Meiring de Villiers Stock Price Crashes and 10b-5 Damages: A Legal Economic, and Policy Analysis, 47 Stan. L. Rev. 7-37 (1994).
Mahoney, Paul G.Mandatory Disclosure as a Solution to Agency Problems, 62 U. Chi. L. Rev. 1047-1112 (1995).
Seligman, Joel The Merits Do Matter, 108 Harv. L. Rev. 438 (1994).
Seligman, Joel The Obsolescence of Wall Street: A Contextual Approach to the Evolving Structure of Federal Securities Regulation, 93 Mich. L. Rev. 649-702 (1995).
Stout, Lynn A. Are Stock Markets Costly Casinos? Disagreement, Mark Failure, and Securities Regulation, 81 Va. L. Rev. 611 (1995).
Weiss, Elliott J. and John S. Beckerman Let the Money Do the Monitoring: How Institutional Investors Can Reduce Agency Costs in Securities Class Actions, 104 Yale L.J. 2053-2127 (1995).
The panel participants in the selection included: Richard Booth - University of Maryland School of Law; James Cox - Duke University School of Law; Donald Langevoort - Vanderbilt University School of Law; Jonathan Macey - Cornell Law School; Larry Ribstein - George Mason University School of Law; Robert B. Thompson - Washington University School of Law.
