Muir and Turner gather an international roster of pension experts who present what they think would be the ideal pension systems for their countries and why. Those countries include the United States, the UK, Ireland, Denmark, Germany, Belgium, France, Switzerland, Poland, and Japan.

The financial crisis will result in far-reaching reform of the regulatory system affecting the U.S. financial services industry, financial markets, and government interactions with the markets. This Article considers the effect that regulatory reform will have on the regulation of retirement...

State law seems to be ratcheting up the scrutiny of corporate behavior including the behavior of officers and executives. In this article we consider the issues that are likely to arise as officer conduct is scrutinized more closely using state corporate fiduciary principles. The challenge is...

In this essay, five business law professors with specialties in five different doctrinal areas analyze Justice Sonia Sotomayor’s jurisprudence in those areas and consider the implications of her appointment to the Supreme Court. Each of the areas, intellectual property, antitrust, securities,...

This Article breaks new ground by using agency costs analysis to conceptualize the relationship between benefit plan sponsors and plan participants. The analysis provides normative insights on how governance mechanisms may mitigate agency costs. It also illuminates how those normative insights...

We focus on the regulatory use of finance theory, particularly the efficient market hypothesis (EMH), in two related areas where securities pricing is at issue: shareholder appraisal cases and the use of employer stock in company-sponsored employee investment plans. Regarding shareholder...

Both the United States and Australia have increased the use of default settings in defined contribution (DC) plans such as 401(k)s. However, policy makers in the two countries have taken different approaches to important aspects of default investment products. This article discusses the...