The second component of the Hoover Project on Commercializing Innovation focuses on the ways in which individuals can order their private affairs within collective organizations, or firms, and the ways in which governments can regulate securities markets. For example, we explore the ways in which the federal government cracked down on corporate America and Wall Street when it adopted important portions of the Sarbanes-Oxley Act. Recognizing the risk that the U.S. could lose its competitive edge in financial markets because of an overly-burdensome regulatory regime and excessive litigation, we study the actual impact of recent changes in the regulation of capital markets in general as well as several particular areas such as hedge funds, executive compensation, and board-CEO relations.
Selected works on Corporate Governance and Securities Regulation:
Backdating Options and Why Executive Compensation is Not All about Norms, 2 Corporate Governance Law Review 385 (2006) Geoffrey A. Manne and Joshua D. Wright.
Latin America's Quiet Revolution, Wall Street Journal, January 30, 2009, Stephen H. Haber
An Approach to Intellectual Property, Bankruptcy, and Corporate Control, 82 Washington University Law Quarterly 1313 (2004), F. Scott Kieff and Troy A. Paredes.
Perspectives on Corporate Governance (F. Scott Kieff and Troy A. Paredes, eds., Cambridge University Press 2010).
Reacting to the Spending Spree: Policy Changes We Can Afford (2009). A publication of the Hoover Institution's Task Force on Property Rights, Freedom, and Prosperity. Richard A. Epstein, Stephen Haber, F. Scott Kieff, Henry E. Smith, et al.
On the Importance of Property Rights in Intangibles like IP to Access, Competition, and Economic Development by F. Scott Kieff, presented to seminars Melbourne and Sydney and a conference in Singapore in Feb-Mar 2008.