2015 Robert S. Marx Lecture featuring Jill E. Fisch
Date: Tuesday, March 3, 2015
Time/Location: 12:15pm – 1:15pm, Room 114 (College of Law)
CLE: 1 hour CLE has been submitted for OH/KY; approval is expected.
Webcast: Fisch Lecture
The Mess at Morgan: Risk, Incentives and Shareholder Empowerment
This lecture considers the focus on the “public” nature of the corporation following the financial crisis of 2008 and its relationship to policies increasing shareholder empowerment. Using the case of JP Morgan and the London whale, the lecture suggests that, rather than improving incentives for corporate decision-makers to engage in risky behavior, shareholder empowerment may increase those incentives. Thus the mess at Morgan highlights the potential limits of corporate governance.
Professor Jill Fisch
The University of Cincinnati College of Law is honored to present Jill E. Fisch, Perry Golkin Professor of Law at the University of Pennsylvania Law School, as the 2015 Robert S. Marx Lecturer. Fisch is an internationally known scholar, whose work focuses on the intersection of business and law, including the role of regulation and litigation in addressing limitations in the disciplinary power of the capital markets. Her work, which consists of more than 50 scholarly articles, has appeared in the top law reviews including the Harvard Law Review, the Yale Law Journal and the University of Pennsylvania Law Review. Current projects include the regulation of mutual funds, an empirical analysis of securities arbitration, and a reconceptualization of the structure of private securities fraud litigation. Recently Fisch traveled to China to meet with Chinese regulators and to lecture on regulatory issues resulting from the globalization of the capital markets. She received the Robert A. Gorman Award for Excellence in Teaching in 2010-2011.