In any significant corporate governance controversy, the de facto “deciders” are the largest institutional investors. This new balance of power sets the policy and research agenda. The Institute for Corporate Governance & Finance was launched in 2016 to address these issues, taking advantage of the concentration of finance, talent, and activity in New York and at New York University. Whatever the issue—activist shareholders, short-term versus long-term investment horizons, compensation, control contests, going private, spinoffs, etc.—the central questions should be “what do the big institutions think?” and “what should the big institutions think?” The institute brings key people together to understand these questions and encourage the development of institutional investors as a responsible force in corporate governance.
Edward Rock named a fellow of the European Corporate Governance Institute
The European Corporate Governance Institute (ECGI) announces the appointment office new Fellows to add to its distinguished ranks. The new Fellows, who were drawn from academia in Europe and the United States, were elected by their peers, the existing Fellows of ECGI. The committee responsible for the process is currently chaired by Professor Julian Franks,Professor of Finance, London Business School.
Edward Rock named Reporter of American Law Institute's Corporate Governance Restatement
Edward Rock accepted the position of Reporter for the American Law Institute's new project of the reinstatement on corporate governance.
Edward Rock named fellow of American College of Governance Counsel
Edward Rock has joined the American College of Governance Counsel, a professional, educational, and honorary association of lawyers widely-recognized for their achievements in the field of governance, as a fellow. Fellows are chosen from the ranks of lawyers who display a high level of professionalism and commitment to the advancement of the governance practice.
The Institute is Launched
At the March 9 launch event, Martin Lipton ’55, founding partner of Wachtell, Lipton, Rosen & Katz and a member of NYU Law’s Board of Trustees, presented his “New Paradigm for Corporate Governance,” with commentary from Chief Justice Leo Strine Jr., of the Delaware Supreme Court; Matthew Mallow ’67, LLM ’68, vice chairman of BlackRock and formerly at Skadden, Arps, Slate, Meagher & Flom; Jean-Pierre Rosso, of the World Economic Forum; and Robert Schumer, chair of the corporate department at Paul, Weiss, Rifkind, Wharton & Garrison.