In an award ceremony held in New York City last month, the Investor Responsibility Research Center Institute (IRRCi) announced the winners of its the 2013 prize competition. The academic award went to Harvard Law School Professor Lucian Bebchuk LL.M. ’80 S.J.D. 84, HLS Senior Fellow and Tel-Aviv University Professor Alma Cohen, and Harvard Business School Professor Charles Wang. The trio received the award for their study, “Learning and the Disappearing Association between Governance and Returns,” which was published last month by the Journal of Financial Economics.
In the April 19 edition of The New York Times’ DealBook, Harvard Law School Professor Lucian Bebchuk defends the of work of his Shareholder Rights Project (SRP) at HLS in light of a recent memo criticizing the project. The SRP is a clinical program that assists public pension funds and charitable organizations in improving corporate governance at publicly traded companies.
A new HLS clinic, in its first year of operation, has already contributed to significant governance reforms in numerous S&P 500 companies. The Harvard Law School Shareholder Rights Project (SRP) is a clinical program at Harvard Law School through which faculty and students assist public pension funds and charitable organizations to improve corporate governance at publicly traded companies in which they are shareowners.