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Kent Greenfield is an American lawyer, Professor of Law and Law Fund Research Scholar at Boston College, and frequent commentator to The Huffington Post . [1] He is the author of The Myth of Choice: Personal Responsibility in a World of Limits and The Failure of Corporate Law: Fundamental Flaws and Progressive Possibilities, published by University of Chicago Press in 2006, and scholarly articles. [2] He is best known for his "stakeholder" critique of the conventional legal doctrine and theory of corporate law, [3] and for his leadership in a legal battle between law schools and the Pentagon over free speech and gay rights.
Greenfield spent most of his childhood in Princeton, Kentucky, where his father worked as a Baptist minister and his mother as a school teacher. Greenfield earned an A.B. in economics and history with honors from Brown University in 1984. After graduating, he worked as a corporate policy advisor at Levi Strauss & Co. in San Francisco, and traveled through South America.
Greenfield graduated with honors from the University of Chicago Law School in 1992 where he served as Topics and Comments Editor of the University of Chicago Law Review and became a member of the Order of the Coif. Upon graduation, he briefly practiced at the law firm Covington & Burling in Washington, D.C.
Kent Greenfield clerked for Justice David H. Souter of the United States Supreme Court and Judge Levin H. Campbell of the United States Court of Appeals for the First Circuit before joining the law faculty at Boston College in 1995. He was Visiting Professor of Law at the University of Connecticut School of Law in 2002, Visiting Wallace S. Fujiyama Professor at University of Hawai’i William S. Richardson School of Law in 2005, and Visiting Professor of Political Science at Brown University in 2006. From 2007 to 2008, he served as the Distinguished Faculty Fellow at the Center on Corporations, Law and Society, at the Seattle University School of Law. He has also served as chair of the Business Associations Section of the American Association of Law Schools.
In 2002, Greenfield became involved with a number of legal academics who believed the federal government's policy of excluding gay, lesbian, and bisexual people from service in the military under "Don't Ask, Don't Tell" conflicted with law schools' non-discrimination policies. [4] [5] [6] Law schools typically require potential employers to sign pledges that they will not discriminate against students on various grounds. [7] [8] Recruiters from the military services refused to sign those pledges, and under the so-called Solomon Amendment, law schools and their parent universities stood to lose federal funding federal if they failed to permit military recruiters equal access to recruiting facilities. Greenfield founded and served as the president of the Forum for Academic and Institutional Rights (FAIR), an organization of over thirty law schools and other institutions, which was the named plaintiff in a lawsuit to contest the Solomon Amendment. [9] The suit won in the U.S. Court of Appeals for the Third Circuit but was overturned by the Supreme Court on March 6, 2006. Multiple news outlets, including the New York Times, the Boston Globe, and the Wall Street Journal, have covered Kent Greenfield's activism with FAIR. [10] [11] [12]
The Failure of Corporate Law was called "simply the best and most well-reasoned progressive critique of corporate law yet written" by professor Joseph Singer of Harvard Law School. [13] Professor Singer also noted Failure for challenging conventional wisdom and seeking to broaden the scope of corporate management. Greenfield has published journal articles in the Yale Law Journal, [14] the Virginia Law Review, [15] the Boston College Law Review, [16] the George Washington Law Review, [17] the Tulane Law Review, [18] and others. Greenfield has lectured and presented at numerous institutions nationally and internationally, including at Harvard University, Yale University, Brown University, Stanford University, the University of Chicago, the University of Michigan, and the London School of Economics.
Greenfield's second book The Myth of Choice, forthcoming in October 2011 from Yale University Press, probes the role of free choice theory in American law, sociology, economics, and political theory. [19] Greenfield uses anecdotes, hard data, and judicial opinions to draw inferences about choice in American society and offer policy recommendations and personal advice. Noah Feldman has written that The Myth of Choice unsettles our beliefs, our judgments, and our values.
Greenfield's "stakeholder" critique of the conventional theory of corporate law has been criticized for undercutting economic efficiency. [20] Critics argue that the stakeholder theory of corporate governance would damage the American economy by inducing capital to escape the added costs of accountability to more players than corporate shareholders.
Jonathan L. Zittrain is an American professor of Internet law and the George Bemis Professor of International Law at Harvard Law School. He is also a professor at the Harvard Kennedy School, a professor of computer science at the Harvard School of Engineering and Applied Sciences, and co-founder and director of Harvard's Berkman Klein Center for Internet & Society. Previously, Zittrain was Professor of Internet Governance and Regulation at the Oxford Internet Institute of the University of Oxford and visiting professor at the New York University School of Law and Stanford Law School. He is the author of The Future of the Internet and How to Stop It as well as co-editor of the books, Access Denied, Access Controlled, and Access Contested.
Corporate governance are mechanisms, processes and relations by which corporations are controlled and operated ("governed").
Law and economics, or economic analysis of law, is the application of microeconomic theory to the analysis of law, which emerged primarily from scholars of the Chicago school of economics. Economic concepts are used to explain the effects of laws, to assess which legal rules are economically efficient, and to predict which legal rules will be promulgated. There are two major branches of law and economics; one based on the application of the methods and theories of neoclassical economics to the positive and normative analysis of the law, and a second branch which focuses on an institutional analysis of law and legal institutions, with a broader focus on economic, political, and social outcomes, and overlapping with analyses of the institutions of politics and governance.
Douglas Howard Ginsburg is an American lawyer, jurist, and academic who serves as a senior judge on the U.S. Court of Appeals for the District of Columbia Circuit. He was appointed to that court in October 1986 by President Ronald Reagan, and served as its chief judge from 2001 until 2008. In October 1987, Reagan announced his intention to nominate Ginsburg as an associate justice of the United States Supreme Court. But Ginsburg withdrew his name from consideration before being formally nominated, after news reports that he had smoked marijuana in the past created controversy.
Michael Cole "Mike" Jensen is an American economist who works in the area of financial economics. Between 2000 and 2009 he worked for the Monitor Company Group, a strategy-consulting firm which became "Monitor Deloitte" in 2013. He holds the position of Jesse Isidor Straus Professor of Business Administration, Emeritus, at Harvard University.
Jonathan R. Macey is an American legal scholar who serves as the Sam Harris Professor of Corporate Law, Corporate Finance and Securities Law at Yale Law School.
John C. Coffee Jr. is the Adolf A. Berle Professor of Law and director of the Center on Corporate Governance at Columbia Law School.
Christine Jolls is the Gordon Bradford Tweedy Professor of Law and Organization at Yale Law School, where she has been since 2006. She is known for her work in the emerging theory of behavioral economics and law. Her areas of research include employment law and contracts.
Paul Lyndon Davies KC (Hon), FBA is Allen & Overy Professor of Corporate Law Emeritus at the University of Oxford, Emeritus Fellow of Balliol College, Oxford, Emeritus Fellow of Jesus College, Oxford, and Emeritus Professor of Law at the London School of Economics, where he was the Cassel Professor of Commercial Law from 1998 to 2009. He is an honorary Bencher of Gray’s Inn.
Vikramaditya Khanna is a professor of law at the University of Michigan Law School, and the founding and current editor of the India Law Abstracts and the White Collar Crime Abstracts on the Social Science Research Network.
Douglas Gordon Baird is an American legal scholar, the Harry A. Bigelow Distinguished Service Professor and a former dean of the University of Chicago Law School. He joined the faculty in 1980 and served as the dean from 1994 to 1999. He is a leader in the field of bankruptcy law.
D. Gordon Smith is the current dean of the J. Reuben Clark Law School of Brigham Young University (BYU). Smith has taught classes in business associations, contracts, corporate finance, law & entrepreneurship, and securities regulation.
Zachary Daniel Coleman Kaufman is a law professor, political scientist, author, and social entrepreneur. He is currently associate professor of Law and Political Science at the University of Houston Law Center, where he teaches Criminal Law, International Law, and International and Transitional Justice. He also holds appointments at the university's Department of Political Science, Hobby School of Public Affairs, and Elizabeth D. Rockwell Center on Ethics and Leadership. Kaufman specializes in criminal law, international law, international and transitional justice, international courts and tribunals, human rights, atrocity crimes, atrocity prevention and response, legislation, bystanders and upstanders, U.S. foreign policy and national security, the United Nations, social entrepreneurship, and Africa.
Rebecca Tushnet is an American legal scholar. She serves as the Frank Stanton Professor of First Amendment Law at Harvard Law School. Her scholarship focuses on copyright, trademark, First Amendment, and false advertising.
Dan L. Burk is Chancellor's Professor of Law at the University of California, Irvine School of Law and is a founding member of the law faculty. His areas of expertise include intellectual property, gene patenting, digital copyright, electronic commerce and computer trespass.
Anita Nancy Bernstein is an American tort law scholar, with expertise in feminist jurisprudence and legal ethics. She is the Anita and Stuart Subotnick Professor of Law at Brooklyn Law School.
Jennifer Taub is a law professor, advocate, and commentator focusing on corporate governance, financial market regulation, and white collar crime.
Henrik Cronqvist is the Robert J. and Carolyn A. Waltos Dean and Professor of Economics of the George L. Argyros School of Business and Economics at Chapman University in Orange, California, a position he has held since August 2022. He previously served as a professor of finance, Bank of America scholar, and vice dean for faculty and research at the University of Miami School of Business, where he conducted interdisciplinary research and taught finance and management courses at both undergraduate and graduate levels.
Benjamin W. Heineman Jr. is an American journalist, lawyer, government official, business executive, academic and author. He is currently a Distinguished Senior Fellow at Harvard Law School's Program on the Legal Profession as well as Senior Fellow at the Belfer Center for Science and International Affairs at Harvard's Kennedy School of Government. He is also a lecturer at Yale Law School. He frequently speaks to professional groups and at universities around the globe.
Stephen E. Sachs is an American legal scholar who serves as the Antonin Scalia Professor of Law at Harvard Law School. He is a scholar of constitutional law, civil procedure, conflict of laws, and originalism.