The University of Chicago Law Review ( IF 1.9 ) Pub Date : 2023-01-01 Aneil Kovvali
The fields of antitrust, bankruptcy, corporate, and securities law are undergoing tumultuous debates. On one side in each field is the dominant view that each field should focus exclusively on a specific constituency—antitrust on consumers, bankruptcy on creditors, corporate law on shareholders, and securities regulation on financial investors. On the other side is a growing insurgency that seeks to broaden the focus to a larger set of stakeholders, including workers, the environment, and political communities. But these conversations have largely proceeded in parallel, with each debate unfolding within the framework and literature of a single field. Studying these debates together reveals deep commonalities and unlocks useful insights. It can also suggest new theoretical and policy directions while avoiding the dangers of a blinkered approach.
中文翻译:
利益相关者筒仓破坏
反托拉斯法、破产法、公司法和证券法领域正在经历激烈的辩论。每个领域的一方都有一种主流观点,即每个领域都应该只关注特定的选区——针对消费者的反垄断、针对债权人的破产、针对股东的公司法以及针对金融投资者的证券监管。另一方面是越来越多的叛乱,试图将重点扩大到更多的利益相关者,包括工人、环境和政治团体。但这些对话在很大程度上是平行进行的,每场辩论都在单一领域的框架和文献中展开。一起研究这些辩论揭示了深刻的共性并解锁了有用的见解。它还可以提出新的理论和政策方向,同时避免盲目做法的危险。