Merritt B. Fox

Michael E. Patterson Professor of Law, NASDAQ Professor for Law and Economics of Capital Markets

Office: 435 West 116th Street
Room 845
New York NY 10027
Tel: 212.854.9766
Fax: 212.854.7946
Email: mfox1@law.columbia.edu

Assistant Info

Name: Laura Miller (contact Prof. Fox directly to schedule appts)
Phone: 212-854-0617
Email: lmiller@law.columbia.edu

Publications

Securities Class Actions Foreign Issuers, 64 Stan. L. Rev. 1173 (2012)

Ongoing Issues in Russian Corporate Governance, National Council on Corporate Governance Russian National Corporate Governance Report (2012)

Promoting Innovation: The Law of Publicly Traded Corporations, 5 Capitalism and Society 1 (2010, Issue 3)

Short Selling and the News: A Preliminary Report on an Empirical Study, 54 N.Y.L.S. Rev 645 (2010) (with Lawrence Glosten and Paul Tetlock)

Civil Liability and Mandatory Disclosure, 109 Colum. L. Rev. 237 (2009)

Why Civil Liability for Disclosure Violations When Issuers do not Trade, 2009 Wisconsin L. Rev. 299

Regulation and the Competitiveness of U.S. Securities Markets in Sesquicentennial Essays of the Faculty of Columbia Law School (2008)

Gatekeeper Failures: Why Important, What to Do, 106 Mich. L. Rev. 1089 (2008)

Corporate Governance Lessons from Transitional Economies (Princeton University Press) (2006) (co-edited with Michael Heller).

What is Good Corporate Governance?, in Corporate Governance Lessons from Transition Economy Reforms, Merritt B. Fox and Michael Heller, eds. (Princeton University Press (2006)

The Unexplored Role of Initial Conditions, in Corporate Governance Lessons from Transition Economy Reforms, Merritt B. Fox and Michael Heller, eds. (Princeton University Press (2006)

After Dura: Causation in Fraud-on-the-Market Actions, 31 J. Corp. L. (2005-2006)

Comment on Russian Corporate Governance Today, 1 Corporate Governance in Russia and Transitional Economics (2006)

Understanding Dura, 60 Bus. Law. 1547 (2005).

Demystifying Causation in Fraud-on-the-Market Actions, 60 Bus. Law. 507 (2005).
     
Corporate and Securities Law Conditions in the Acquis Communautaire: A Comment on Pistor and Berglof and Pajuste in LAW AND GOVERNANCE IN AN ENLARGED EUROPEAN UNION, George A. Bermann and Katharina Pistor, eds.  Portland: Hart Publishing, 2004, pp. 377-389.
  
Measuring Share Price Accuracy, 1 Berkeley Bus. L. J. 113 (2004).

What's So Special About Multinational Enterprises: A Comment on Avi-Yonah, 42 Columbia J. Transnat'l L. 551 (2004).   
  
Law, Share Price Accuracy and Economic Performance:  The New Evidence (with Artyom Durnev, Randall Morck, Bernard Yeung), 102 Mich. L. Rev. 331 (2003).
 
Optimal Regulatory Areas for Securities Disclosure, 81 Wash. U.L.Q. 1017 (2003).
  
U.S. Perspectives on Global Securities Market Regulation:  A Critical Review, 3 Eur. Bus. Org. Rev. 337 (2002). 

Imposing Liability for Losses from Aggressive War:  An Economic Analysis of the UNCC, 13 Eur. J. Int'l Law 201 (2002).

The Issuer Choice Debate, 2 Theoretical Inquiries in Law 563 (2001).

Regulation FD and Foreign Issuers:  Globalization's Strains and Opportunities, 41 Va. J. Int'l. Law 653 (2001).

Company Registration and the Private Placement Exemption, 51 Case Western Reserve L. Rev. 455 (2001).

Ownership Structures and the Decision to Go Public:  A Comment on Bebchuk and Zingales, in CONCENTRATED CORPORATE OWNERSHIP, Randall Morck, ed. NBER and University of Chicago Press (2000).

The Securities Globalization Disclosure Debate, 78 Wash. U. L. Q. 567 (2000).

Corporate Governance Lessons from Russian Enterprise Fiascoes, 75 N.Y.U. L.. Rev. 1720 (2000) (with Michael Heller).

Required Disclosure and Corporate Governance, 62 Law & Contemp. Prob. 113 (1999) (revised version of book article of same title). 
  
Retaining Mandatory Securities Disclosure:  Why Issuer Choice is Not Investor Empowerment, 85 Va. L. Rev. 1335 (1999). 

The Political Economy of Statutory Reach: U.S. Disclosure Rules in a Globalizing Market for Securities, 97 Mich. L. Rev. 696 (1998).

Required Disclosure and Corporate Governance, in Klaus Hopt, Mark Roe & Eddy Wymeersch, eds. COMPARATIVE CORPORATE GOVERNANCE: THE STATE OF THE ART AND EMERGING RESEARCH, Oxford University Press (1998).

Mandatory Disclosure in a Globalizing Market For Securities: Who Should Regulate Whom?, 39 Corp. Prac. Commentator 565 (1998) (republication of 1997 article of same title).

Rethinking Disclosure Liability in the Modern Era, 75 Wash. U. L. Q. 903 (1997).

Securities Disclosure in a Globalizing Market:  Who Should Regulate Whom?, 95 Mich. L. Rev. 2498 (1997).

The Legal Environment of International Finance: Thinking About Fundamentals, 17 Mich J. Int'l. L. 721 (1996).

Thinking to be Paid versus Being Paid to Think, 38 Law Quad Notes (Fall 1995) (abridged version of 1994 article of same title).

Insider Trading Deterrence versus Managerial Incentives: A Unified Theory of Section 16(b), 92 Mich. L. Rev. 2088 (1994).

Thinking to be Paid versus Being Paid to Think, 19 J. Corp. Law 761 (1994).

Insider Trading in a Globalizing Market:  Who Should Regulate What, 26 Securities Law Review 355 (1994).  (reprint of 1992 article of same title).

Insider Trading in a Globalizing Securities Market:  Who Should Regulate What,  55 Law and Contemp. Prob. 263 (1992).

Corporate Successors Under Strict Liability: A General Economic Theory and the Case of CERCLA, 26 Wake Forest L. Rev. 183 (1991) (symposium issue on environmental law and the corporate entity).

The Role of the Market Model in Corporate Law Analysis:  A Comment on Weiss and White, 76 Calif. L. Rev. 1015 (1988).

FINANCE AND INDUSTRIAL PERFORMANCE IN A DYNAMIC ECONOMY: THEORY, PRACTICE AND POLICY (Columbia University Press, 1987) (455 pp.).

Shelf Registration, Integrated Disclosure, and Underwriter Due Diligence:  An Economic Analysis, 70 Va. L. Rev. 1005-1034 (1984).

The Legal Environment For International Business, BUSINESS LAW: PRINCIPLES AND CASES, Lusk, Hewitt, Donnell and Barnes, ed. (Richard D. Irwin, 6th edition, 1985) (revision of 1982 piece).

The Legal Environment For International Business, BUSINESS LAW: PRINCIPLES AND CASES, Lusk, Hewitt, Donnell and Barnes, ed. (Richard D. Irwin, 5th edition, 1982).

THE SIGNATURE OF POWER: BUILDINGS, COMMUNICATION AND POLICY (Transaction Books, 1979) (collaborator with Harold D. Lasswell).

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Selected working papers can be found on Professor Fox's SSRN Web page.