Research Groups

Research Groups
  • About
  • Privacy and Data Capitalism
  • Philanthropy, Markets and their Intersections
  • Theories of the Firm and their Legal Implications
  • Work in Progress
  • Global Value Chains (GVC) Reading Group
  • Artificial Intelligence (AI)
  • Research Grants
  • Call for Research Grants 2020-21

Coordinators: Prof. Ron Harris & Prof. Assaf Hamdani

This research group will explore the prevalent theories of the firm and their implications for the design of law and legal institutions. Modern corporations benefit society in many ways: they produce the good and provide the services that underlie the modern economy, advance technology and innovation, and employ millions of people around the world. But corporations can cause great harm: pollute the environment, engage in bribery, securities fraud and other forms of misconduct, and trigger financial crises. The dominance of corporations in the modern era is also presented at times as a threat to the autonomy of their employees and the sovereignty of the states in which they operate.  

The scholarly treatment of corporations tends to be incomplete and fragmented. While corporate law scholars focus on the internal relationship between corporate insiders and capital providers—the conflicts mangers and shareholders or creditors—other theorists generally view corporate actors who own property, enter into contracts or engage in wrongdoing as a “black box” that is no different than any other actors. This group will bring together scholars with different legal interests and methodological orientations to critically evaluate the prevalent theories of the firm, rethink the underlying justifications of the corporate entity, and address some of the new challenges of the firm triggered by the global financial crisis, populism, and the new emergence of state capitalism. 




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