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Corporate Law Scholarship Excellence

September 27, 2022

A paper co-authored by Prof. Elizabeth Pollman has been awarded the European Corporate Governance Institute’s 2022 Gottlieb Prize for the Best Paper in the ECGI Law Working Paper Series.

The European Corporate Governance Institute (ECGI) has awarded the 2022 Gottlieb Prize for the Best Paper in the ECGI Law Working Paper Series to University of Pennsylvania Carey Law School Professor of Law Elizabeth Pollman and co-author Dorothy S. Lund of the University of Southern California Gould School of Law. Pollman is a research member of the ECGI.

The Corporate Governance Machine” sheds light on the U.S. system for public company governance composed of law, institutions, and culture that orients corporate decision-making toward shareholders. The authors’ account of the corporate governance machine has wide-ranging implications for multiple conversations in corporate law and the debate over corporate purpose.

“The 2022 winning papers typify the valuable work being carried out by leading academics around the globe on matters of practical importance. The two papers [in law and finance] provide insights that can make a significant contribution to current debates and inform the direction of public policy,” said Marco Becht, ECGI Executive Director. “ECGI congratulates the 2022 winners and thanks the sponsors, Intesa Sanpaolo and Cleary Gottlieb Steen & Hamilton LLP for their support of the series.” Pollman commented, “I’m so grateful and thrilled for this honor, the generous support of research in corporate governance, and the opportunity to engage with scholars and practitioners around the world.”

The award was presented at the “Capitalism Revisited” conference in Milan, Italy.

Pollman and Lund’s paper was published in the Columbia Law Review and was recognized as one of the Top 10 Corporate and Securities Articles of 2021 by the Corporate Practice Commentator; Pollman’s scholarship has appeared on this list five times in the past five years.

At Penn Carey Law, Pollman teaches and writes in the areas of corporate law and governance, as well as startups, venture capital, and entrepreneurship. She is a co-author of Business Organizations: A Contemporary Approach.

She serves as a Co-Director of the Institute for Law and Economics, is a member of the Corporate Laws Committee of the American Bar Association, and has served on the National Business Law Scholars Conference Board and the AALS Business Associations Executive Committee.

Pollman received the LLM Award for Excellence in Teaching in 2020-2021 and the Harvey Levin Memorial Teaching Award in 2021-2022. She teaches courses on corporations, corporate governance, mergers and acquisitions, and venture capital.

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