The book, U.S. Corporate Law, from the prominent legal publisher Yuhikaku, is written in Japanese and designed for a Japanese audience. Students from the Class of 2007 wrote the individual chapters. Milhaupt edited the book.
“This was a unique collaboration between students and faculty,” said Milhaupt, Fuyo Professor of Japanese Law, and Professor of Comparative Corporate Law. “I worked with a group of highly motivated students, as evidenced by the fact that they worked extremely hard on this project long after they graduated and returned to their busy professional lives.”
The book provides an overview of the legal rules and market institutions that govern U.S. corporations. While it focuses on large, publicly traded companies, the structure and governance of non-corporate entities like partnerships and limited-liability companies are also discussed. The text also discusses securities fraud, insider trading, and the implications of the Sarbanes-Oxley Act.
“I’m hopeful the book provides new insights for Japanese readers into how corporations function in the U.S., as well as insights into how U.S. legal scholars approach questions of corporate governance,” Milhaupt said.
The Center for Japanese Legal Studies, directed by Milhaupt, is the first and only center of its kind based in the U.S. It strives to be the principal source for the intellectual exchange of ideas between the legal professions in the U.S. and Japan, and actively promotes research on Japanese law.
Columbia Law School, founded in 1858, stands at the forefront of legal education and of the law in a global society. Columbia Law School joins its traditional strengths in international and comparative law, constitutional law, administrative law, business law and human rights law with pioneering work in the areas of intellectual property, digital technology, sexuality and gender, criminal, national security, and environmental law.