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Professor Bruner Visits University of Leeds School of Law as Liberty Fellow

November 17, 2015 Leave a comment
Prof. Christopher Bruner

Prof. Christopher Bruner

Christopher Bruner, the William Donald Bain Family Professor of Corporate Law at Washington and Lee, visited the University of Leeds School of Law as an invited Liberty Fellow during the week of November 9, 2015.  As a part of his visit, hosted by the Leeds School of Law’s Centre for Business Law and Practice, Professor Bruner gave a public keynote lecture based on his book, Corporate Governance in the Common-Law World: The Political Foundations of Shareholder Power (Cambridge University Press, 2013).  This lecture, together with responses by Professors Andrew Keay and Joan Loughrey of the Leeds law faculty, formed the basis for a half-day workshop on shareholder power that brought together faculty and student attendees from Leeds and other universities in England and Ireland.  Throughout his visit Professor Bruner met with Leeds law faculty working in the areas of corporate, securities, and financial law, and conducted further research for his second book, Market-Dominant Small Jurisdictions in a Globalizing Financial World (Oxford University Press, forthcoming 2016), which examines the roles of small jurisdictions in cross-border corporate and financial services.

Corporate Governance in the Common-Law World has been called “a revelation,” and “a work of monumental significance and scholarly craft.”  In the book, Professor Bruner develops a new political theory to explain why shareholders in the U.K. and other common-law jurisdictions are both more powerful and more central to the aims of the corporation than are shareholders in the U.S.  Specifically, he argues that relatively robust social welfare protections in countries like the U.K., Australia, and Canada have freed up their corporate legal systems to focus more intently on shareholder interests without giving rise to “political backlash” – because other legal structures accommodate the interests of employees.  Read more about Professor Bruner’s scholarship here.

Professor Bruner’s Book Reviewed in the Business Ethics Quarterly

August 12, 2015 Leave a comment
Prof. Christopher Bruner

Prof. Christopher Bruner

A review of Washington and Lee law professor Christopher Bruner’s book, Corporate Governance in the Common-Law World: The Political Foundations of Shareholder Power, has been published by the Business Ethics Quarterly. The review was authored by Anita Anand, Professor of Law and Academic Director of the Centre for the Legal Profession at the University of Toronto Faculty of Law, and William Muir, a former Editor-in-Chief of the University of Toronto Faculty of Law Review who was a research assistant for Professor Anand.

Professor Bruner’s book, published in 2013 by Cambridge University Press, examines the corporate governance powers possessed by shareholders in the U.S. and other common-law countries. Bruner finds, contrary to popular belief, that shareholders in the U.K. and other common-law jurisdictions are both more powerful and more central to the aims of the corporation than are shareholders in the U.S. Bruner’s theory is that relatively robust social welfare protections in countries like the U.K., Australia and Canada have freed up their corporate legal systems to focus more intently on shareholder interests without giving rise to “political backlash” – because other legal structures accommodate the interests of employees.

In their review, Anand and Muir conclude that Bruner’s book “offers a unique and welcomed approach to the study of comparative corporate governance,” elaborating that:

Christopher Bruner is to be commended for his thorough survey of corporate governance theories and the wealth of historical information about the sociopolitical circumstances surrounding the formation of each of the four common-law countries’ governance regimes. Bruner’s explanation and historical analysis of the pivotal position of labor is an original lens through which to examine corporate governance in common-law countries….  Without doubt, Corporate Governance in the Common-Law World is a highly commendable work and provides an excellent counterpart for further empirical investigation.

The complete review is available here.  Read more about Professor Bruner’s scholarship here.

Professor Bruner’s Book Reviewed in the Cambridge Law Journal

July 7, 2015 Leave a comment
Prof. Christopher Bruner

Prof. Christopher Bruner

A review of Washington and Lee law professor Christopher Bruner’s book, Corporate Governance in the Common-Law World: The Political Foundations of Shareholder Power, has been published by the Cambridge Law Journal. The review was authored by Dr. Marc Moore, Reader in Corporate Law at the University of Cambridge Faculty of Law.

Professor Bruner’s book, published in 2013 by Cambridge University Press, examines the corporate governance powers possessed by shareholders in the U.S. and other common-law countries. Bruner finds, contrary to popular belief, that shareholders in the U.K. and other common-law jurisdictions are both more powerful and more central to the aims of the corporation than are shareholders in the U.S. Bruner’s theory is that relatively robust social welfare protections in countries like the U.K., Australia and Canada have freed up their corporate legal systems to focus more intently on shareholder interests without giving rise to “political backlash” – because other legal structures accommodate the interests of employees.

In his review, Dr. Moore concludes that Bruner’s “outstanding work represents a highly innovative and influential contribution” to the growing body of socio-political literature on corporate law.  Moore elaborates:

[T]his book is a work of monumental significance and scholarly craft. It is impeccably researched, beautifully written, and its claims are both forceful and highly persuasive. It is an absolute must for anyone seeking to form a holistic understanding of how corporate law and governance relate to their broader social-institutional context, as well as an excellent primer on the key comparative features of the world’s principal common law systems. In writing this pioneering work, Bruner has undoubtedly earned the right to sit at the very top table of international corporate law scholarship. One can only hope that future research in the field will advance this fascinating line of enquiry yet further.

The complete review is available here.  Read more about Professor Bruner’s scholarship here.

Professor Bruner Speaks at the University of Hong Kong

June 11, 2015 Leave a comment
Prof. Christopher Bruner

Prof. Christopher Bruner

On Tuesday, June 9, Washington and Lee Law Professor Christopher Bruner spoke at the University of Hong Kong on his current book project examining the role of small jurisdictions in cross-border corporate and financial services, titled Market-Dominant Small Jurisdictions in a Globalizing Financial World (forthcoming, Oxford University Press).  The seminar was sponsored by the Asian Institute of International Financial Law, a research center of UHK’s Faculty of Law, where Professor Bruner has pursued his research on Hong Kong’s financial center as a Visiting Fellow.

Professor Bruner Speaks at Queen Mary University of London

May 15, 2015 Leave a comment
Prof. Christopher Bruner

Prof. Christopher Bruner

Washington and Lee Law Professor Christopher Bruner spoke at a conferenced titled “Understanding the Modern Company,” hosted by the Centre for Commercial Law Studies at Queen Mary University of London.  The event, co-sponsored with University College London on May 9, 2015, brought together “scholars from around the world to explore the nature and function of companies,” aiming to “develop a normative approach to understanding the modern company.”  Professor Bruner presented a working paper titled “The Corporation’s Intrinsic Attributes” as part of a panel exploring comparative and historical perspectives on the modern corporate form.

Professor Bruner Speaks at the University of Washington

April 17, 2015 Leave a comment
Prof. Christopher Bruner

Prof. Christopher Bruner

Washington and Lee Law Professor Christopher Bruner presented his current book project on the role of small jurisdictions in cross-border corporate and financial services at the University of Washington School of Law on Thursday, April 16.  Titled “Market-Dominant Small Jurisdictions in a Globalizing Financial World,” the workshop was a part of UW’s Faculty Colloquium Series.

Professor Bruner Speaks at the National University of Singapore

February 13, 2015 Leave a comment
Prof. Christopher Bruner

Prof. Christopher Bruner

Washington and Lee Law Professor Christopher Bruner presented his current book project on the role of small jurisdictions in cross-border corporate and financial services at the National University of Singapore (NUS) on Thursday, February 12.  Titled “Market-Dominant Small Jurisdictions in a Globalizing Financial World,” the seminar was sponsored by the Centre for Banking & Finance Law, an initiative of the NUS Faculty of Law, where Professor Bruner pursued his research on Singapore’s financial center as a Visiting Scholar.

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