May 12, 2015
Has The Harvard Shareholder's Rights Project Shut Down?
Posted by David Zaring

Breakingviews says yes, here's an announcement on the HLS website:

During the previous three academic years (2011-2012 through 2013-2014), the SRP operated a clinic that assisted institutional investors (several public pension funds and a foundation) in moving S&P 500 and Fortune 500 companies towards annual elections. This work contributed to board declassification at about 100 S&P 500 and Fortune 500 companies. With work on the declassification project completed last summer, the clinic has not been operating during the current academic year. This website provides information about the work done by the SRP clinic during its three years of operation; a detailed final report on this work will be issued in 2015. 

The clinic has indeed changed a great deal about corporate governance; it was also the target of that paper by Gallagher and Grundfest about whether it had conducted securities fraud in its various proxy campaigns by not discussing research that did not support its position on staggered boards, a paper with less importance, perhaps, if the thing it was complaining about was no longer in existence.  I thought the project was interesting, in that it was actually giving students a chance, it seemed to me, to do corporate law in a clinical setting, which is difficult to pull off.  But perhaps it was at the natural end of its efforts anyway.

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