Dorothy S. Lund
USC Gould School of Law

Dorothy Lund’s research focuses on corporate law, corporate governance, securities regulation, contracts, and mergers and acquisitions. Her research has appeared or is forthcoming in the Stanford Law Review, the Columbia Law Review, the University of Chicago Law Review, the Journal of Corporation Law, the Delaware Journal of Corporation Law and the Stanford Journal of Law, Business, and Finance. Her op-eds and other writing have appeared in The New York Times, The Atlantic and The Wall Street Journal. Lund received a JD from Harvard Law School, where she was an Olin Fellow in Law and Economics. She then clerked for Chief Justice Leo E. Strine Jr. of the Delaware Supreme Court and Judge Joel M. Flaum of the U.S. Court of Appeals for the Seventh Circuit. Before entering academia, Lund practiced corporate law at Sullivan & Cromwell LLP in New York.

Books

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

Articles and Book Chapters

• "The Corporate Governance Machine," 122 Columbia Law Review (with Elizabeth Pollman) (forthcoming 2022). - (SSRN)
• "Corporate Crime and Punishment: An Empirical Study," 100 Texas Law Review (with Natasha Sarin) (forthcoming 2021). - (SSRN)
• "Corporate Finance for Social Good," 121 Columbia Law Review (forthcoming 2021). - (SSRN)
• "Validation Capital," 100 Texas Law Review (with Alon Brav & Edward B. Rock) (forthcoming 2021). - (SSRN)
• "Enlightened Shareholder Value, Stakeholderism, and the Quest for Managerial Accountability," in Research Handbook on Corporate Purpose and Personhood, Elizabeth Pollman & Robert Thompson eds., (Edward Elgar Publishing, forthcoming 2021).
• "Passive Investing and Corporate Governance: A Law and Economics Analysis," in Encyclopedia for Law and Economics, Adam Badawi, ed, (Edward Elgar Publishing, forthcoming 2020). - (SSRN)
• "Toward a Mission Statement for Mutual Funds in Shareholder Litigation," 87 University of Chicago Law Review (with Sean J. Griffith) (forthcoming 2020). - (SSRN)
• "Conflicted Mutual Fund Voting in Corporate Law," 99 Boston University Law Review 1151 (2019) (with Sean J. Griffith). - (SSRN) - (Hein)
• "Nonvoting Shares and Efficient Corporate Governance," 71 Stanford Law Review 687 (2019). - (SSRN) - (Hein)
• "Sexual Harassment and Corporate Law,"  (with Daniel Jacob Hemel) 118 Columbia Law Review 1583 (2018)  - (SSRN) - (www)
• “The Case Against Passive Shareholder Voting,” 43 Journal of Corporation Law  493 (2018)  - (SSRN) - (Hein)
• “Lessons from SEC v. Citigroup: The Optimal Scope for Judicial Review of Agency Consent Decrees,” 15 Journal of Business & Securities Law 63 (2014). - (Hein) - (SSRN)
• "Time to Amend the Delaware Takeover Law," 39 Delaware Journal of Corporation Law 77 (2014)  (with Stephen M. Shapiro). - (Hein)
• "A Competition Act by India, for India: The First Three Years of Enforcement," 5 Indian Journal of International Economic Law 59 (2012). - (Hein)
• "Federalizing Fiduciary Duty: The Altered Scope of Officer Fiduciary Duty Following Orderly Liquidation Under Dodd-Frank," 17 Stanford Journal of Law, Business & Finance 223 (2012). - (Hein)
• “Kiobel and Corporate Immunity Under the Alien Tort Statute,” 52 Harvard International Law Journal 209 (2011) (online comment). - (PDF)

FACULTY IN THE NEWS

West Central Tribune
September 7, 2021
Re: Susan Estrich

Susan Estrich wrote an op-ed about the hypocrisy of certain laws in Texas. "You have to hand it to those Texans," she wrote. "On one hand, they believe in liberty — to not wear a mask. But for the victim of rape or incest to have control over her body? No way."

RECENT SCHOLARSHIP

Thomas D. Lyon
July, 2021

“Use of global trait cues helps to explain older adults’ decrements in detecting children’s lies” (with Alison O’Connor, Micaela Wiens, & Angela D. Evans) (in press), Legal and Criminological Psychology.

Thomas D. Lyon
July, 2021

“Causal indicators for assessing the truthfulness of child speech in forensic interviews” (with Zane Durante, Victor Ardulov, Manoj Kumar, Jennifer Gongola, & Shrikanth Narayanan) (in press), Computer Speech & Language.

Thomas D. Lyon
July, 2021

“The difficulty of teaching adults to recognize referential ambiguity in children's testimony: The influence of explicit instruction and sample questions” (with Breanne Wylie, Jennifer Gongola, & Angela D. Evans) (in press), Applied Cognitive Psychology.