Prof. John Coffee (Columbia Law School) presents his paper on "Activist Directors and Agency Costs: What happens When an Activist Director Goes on the Board?" at the "Corporate Governance And Ownership With Diverse Shareholders" conference at IESE Business School, Barcelona. The full paper and slides from this presentation can be downloaded here:!event-programme

17 January 2020


An extensive literature has debated the accountability of administrative agencies, and in particular, their relationship to Congress. A well-established strand in the literature emphasizes that Congress retains control over agencies by their design, and in particular, the structure and process by which agency decisionmaking is undertaken.

February 29 2024