Dorothy S. Lund

Articles and Essays

• "Purpose and Nonprofit Enterprise" (with Cathy Hwang), COLUM. L. REV. (forthcoming 2025).
• "Flows, Financing Decisions, and Institutional Ownership of the U.S. Equity Market" (with Alon Brav and Lin Zhao), J. OF CORP. L. (forthcoming 2026).
• "Fixing MFW: Fairness and Vision in Controller Self-Dealing" (with Zohar Goshen and Assaf Hamdani), HARV. L. & BUS. REV. (2025).
• "The Past, Present, and Future of Proxy Voting Choice," 50 J. CORP. L. 1075 (2025) (invited).
• “Toward a Dynamic View of Corporate Purpose,” 109 MINN. L. REV. 2089 (2025).
• “In Search of Good Corporate Governance,” 131 YALE L. J. FORUM 854 (2022) (invited).
• “The Corporate Governance Machine” (with Elizabeth Pollman), 121 COLUM. L. REV. 2563 (2021).
• “Corporate Crime and Punishment: An Empirical Study” (with Natasha Sarin) 100 TEX. L. REV. 285 (2021).
• “Corporate Finance for Social Good,” 121 COLUM. L. REV. 1617 (2021).
• “Validation Capital” (with Alon Brav and Edward Rock), 99 TEX. L. REV. 1247 (2021) (invited).
• “A Mission Statement for Mutual Funds in Shareholder Litigation” (with Sean J. Griffith), 87 U. CHI. L. REV. 1149 (2020).
• “Conflicted Mutual Fund Voting in Corporate Law” (with Sean J. Griffith), 99 BOSTON U. L. REV. 1151 (2019) (invited).
• “Nonvoting Shares and Efficient Corporate Governance,” 71 STAN. L. REV. 687 (2019).
• “Sexual Harassment and Corporate Law” (with Daniel Hemel), 118 COLUM. L. REV. 1583 (2018).
• “The Case Against Passive Shareholder Voting,” 43 J. OF CORP. L. 101 (2018).
• “Lessons from SEC v. Citigroup: The Optimal Scope for Judicial Review of Agency Consent Decrees,” 64 MICH. ST. J. BUS. & SEC. L. 63 (2014).
• “Time to Amend the Delaware Takeover Law” (with Stephen M. Shapiro), 39 DEL. J. OF CORP. L. 77 (2014).
• “A Competition Act by India, for India: The First Three Years of Enforcement Under the New Competition Act,” INDIAN J. OF INT’L ECON. L. 59 (2013).
• “Federalizing Fiduciary Duty: The Altered Scope of Officer Fiduciary Duty Following Orderly Liquidation Under Dodd-Frank,” 17 STAN. J. L. BUS. & FIN. 224 (2012).
• “Kiobel and Corporate Immunity Under the Alien Tort Statute,” 52 HARV. INT’L L. J. 209 (2011) (online comment).
• “Constitutional Limits on Punitive Damages Awards: An Analysis of Supreme Court Precedent,” 10 ENGAGE L. J. 15 (2009).

Book Chapters

• “Corporate Purpose” (with Elizabeth Pollman), Oxford Handbook of Corporate Law and Governance (Jeffrey N. Gordon and Wolf-Georg Ringe eds., Oxford University Press 2nd ed.)
• “Giant Asset Managers, the Big Three, and Index Investing” (with Adriana Z. Robertson), Board Shareholder Dialogue: Policy Debate, Legal Constraints and Best Practices (Luca Enriques and Giovanni Strampelli eds., Cambridge University Press, forthcoming)
• “Enlightened Shareholder Value, Stakeholderism, and the Quest for Managerial Accountability,” in Research Handbook On Corporate Purpose and Personhood (Elizabeth Pollman and Robert Thompson eds., Edward Elgar Publishing, 2021)
• “Passive Investing and Corporate Governance: A Law and Economics Analysis,” in Encyclopedia Of Corporate Law And Economics (Adam Badawi ed., 2nd edition, 2022)

Books

• Corporations and Other Business Associations (9th ed., Wolters Kluwer, Boston, 2021) (with Charles O’Kelley and Robert Thompson)

Selected Popular Publications and Shorter Works

• “Public Primacy in Corporate Law,” 47 SEATTLE U. L. REV. 365 (2024) (invited)
• “Toward a Fair and Sustainable Corporate Governance System,” 23 U. PENN. J. BUS. LAW (2022) (invited Festschrift essay honoring Leo Strine, Jr.)
• “Corporate Political Spending Is Bad Business: How to Minimize the Risks and Focus on What Counts,” (with Leo E. Strine, Jr.) Harvard Business Review (2022)
• “How Business Should Change After the Coronavirus Crisis,” New York Times Dealbook, April 10, 2020 (with Leo E. Strine, Jr.) (cover story)
• “Mutual Funds Should Use Litigation For Shareholders’ Benefit,” Law360, September 24, 2019 (with Sean Griffith)
• “The Case Against Passive Shareholder Voting,” FS Focus Magazine, August 2019
• “Delegating Portfolio Management to Index Creators: The Consequences for Corporate Governance,” 36 YALE J. ON REG.: NOTICE & COMMENT (July 2, 2019)
• “It May Not Matter What the Weinstein Company Knew,” The Atlantic, October 14, 2017 (with Daniel Hemel)
• “The Case for Nonvoting Stock,” The Wall Street Journal, September 5, 2017
• “Non-Voting Shares Response,” The Grumpy Economist, June 24, 2017 (with M. Todd Henderson)
• “Index Funds Are Great For Investors, Risky For Corporate Governance,” The Wall Street Journal, June 22, 2017 (with M. Todd Henderson)