4th Annual Berle Symposium
The Future of Financial/Securities Markets
June 14 – 15, 2012
Faculty of Laws
University College London
Bentham House, Moot Court Room
Endsleigh Gardens
London WC1H 0EG
Thursday 14 June
9:00am
Welcome
Professor and Director | Adolf A. Berle, Jr. Center on Corporations | Law and Society Seattle University School of Law
Senior Lecturer and Deputy Director | Centre for Commercial Law| Faculty of Laws | University College London.
Setting the Scene
9:15am
Framing Address: A Framework for Analyzing Financial Market Transformation
Stanley A. Star Professor of Law & Business | Duke University
9:45am
Why Global Finance Needs an Institutional Bing Bang? How it can be achieved?
Professor of International Banking Law and Finance | School of Law | University of Edinburgh
10:15am
Break
10:30am
What are the Purposes of Financial Markets, and how do the Current Arrangements Fare when Judged Pragmatically against Achievement of those Purposes?
Professor | University of Illinois College of Law
The Parameters of Financial/Securities Regulation
11:00am
Securities Regulation vs. Financial Regulation
Associate Professor of Law and Finance | Mortiz College of Law | Ohio State University
Professor and James L. Krusemark Chair in Law | University of Minnesota Law
11:30am
Law, Systemic Risk and Resilience - are we asking the Right Questions?
Professor of Financial Regulation | Newcastle Law School | Newcastle University
David Bholat
Newcastle Law School | Newcastle University
12:00pm
Revisiting "Truth in Securities' Revisited": Drawing the Line between Private and Public Markets
Frances and George Skestos Professor of Law | University of Michigan Law School
12:30-1:30pm
Lunch (Keeton Room, Bentham House )
Regulating Risk in Financial/Securities Markets
1:30pm
Due Diligence with Residential Mortgage-Backed Securities
Michael E. Patterson Professor of Law | Columbia Law School
2:00pm
Members Undercover - Hedge Funds, Risk-Decoupling, and the Empty Voting Problem
DAAD Lecturer in Law and Director | Institute of European and Comparative Law | University of Oxford Faculty of Law
2:30pm
Making Money: Leverage and Private Sector Money Creation
Milton R. Underwood Chair in Free Enterprise | Vanderbilt University Law School
3:00pm
Break
Managing Financial/Securities Market Failure
3:15pm
Deep Stall: The Problem of Unmanageable Technical Failures in Finance
Karel Williams (with Julie Froud & John Law)
Professor of Accounting and Political Economy | Director, Centre for the Study of Socio-Cultural Change | Manchester Business School | The University of Manchester
3:45pm
Rethinking Private Placement Liability
Professor of Law | James E. Rogers College of Law | The University of Arizona
4:15pm
Shareholder Democracy in the Shadow of the Financial Crisis
Professor of Corporate Law | School of Law | Queen Mary University of London
The Regulatory Architecture of Finance
4:45pm
Can't see the Wood from the Trees? Measuring and Evaluating Regulatory Performance in the Aftermath of the Global Financial Crisis through a CEDAR Prism
Professor of Law | Faculty of Law | University of New South Wales
5:15pm
The Long Road Back: Business Roundtable and the Implications for Future SEC Rule-Making
Perry Golkin Professor of Law | Co-Director, Institute for Law and Economics | University of Pennsylvania Law School
5:45pm
Who Wants to Watch? The emergence of financial consumers as regulatory actors in post-crisis international financial regulation
Professor | Kent Law School | University of Kent
6:15pm
Conclusion
7:00pm
Symposium Dinner (UCL Terrace Restaurant)
Friday, 15 June 2012
8:45am
Institutional Shareholder Engagement: Prospects and Limitations
Who Beneficially Owns the Shares Whose Value We are Maximizing?
Nicholas F. Gallicchio Professor of Law | Co-Director, Institute for Law and Economics | University of Pennsylvania Law School
9:15am
The Potential of Stewardship
Professor | Queen's University Belfast
9:45am
International Institutions in U.S. Shareholder Litigation
Associate Professor of Law | Boston University School of Law
10:15am
Break
Financialization and the Corporate Objective
10:30am
The Financialization of the US Corporation
Professor and Director | Center for Industrial Competitiveness | University of Massachusetts Lowell
11:00am
Berle and Means, Veblen and the Critique of the Rentier
Professor | Kent Law School | University of Kent
11:30am
What Do Shareholders Really Value?
Goldberg Visiting Professor (Spring 2012) | Cornell University Law School
12:00 - 1:00pm
Lunch (Keeton Room | Bentham House)
Rethinking Corporate Governance after the Financial Crisis
1:00pm
Conceptions of Corporate Purpose in Post-Crisis Financial Firms
Associate Professor of Law | Washington and Lee University School of Law
1:30pm
The Market for Corporate Control-New Insights from the Financial Crisis
Associate Professor | School of Law | University College Dublin
2:00pm
Social Capitalism and Custodial Regulation
Professor | State University of New York at Buffalo Law School
Corporate Responsibility and Social Justice
2:30pm
CSR and CSR Reports
Lecturer | Queen's University Belfast
3:00pm
Shareholder Social Responsibility
J. B. Stombock Professor of Law | Washington and Lee University School of Law
3:30pm
Executive pay: could distributive justice theory get us out of this mess?
Professor | University of Bristol Law School
Evolutions in (and Challenges to) Financial Capitalism
4:00pm
Central bank-led capitalism? Undisclosed, unchallenged and unsustainable
Ismail Erturk (with Sukhdev Johal, Adam Leaver & Mick Moran)
Senior Lecturer in Banking | Manchester Business School |The University of Manchester
4:30pm
The Modern Corporation Magnified: Managerial Accountability in Financial Services Holding Companies
Assistant Professor |University of Washington School of Law
5:00pm
The Governance and Disclosure of the Firm as an Enterprise Entity
Tenured Research Fellow | National Center for Scientific Research, France
5:30pm
Banking and Competition in Exceptional Times
Assistant Professor, Department of Social and Economic Geography | Uppsala University
6:00pm
Conclusion