Columbia University

Merritt Fox is the Michael E. Patterson Professor of Law, NASDAQ Professor for the Law and Economics of Capital Markets, and Co-Director of the Center for Law and Economic Studies at the Columbia Law School. He is a graduate of the Yale Law School and also received a Ph.D. in economics from Yale. Prior to entering academia, Professor Fox practiced with the New York City firm of Cleary, Gottlieb, Steen & Hamilton. His teaching and research have centered in the areas of corporate and securities law, law and economics, and international securities regulation and comparative corporate law. His recent work has focused on the regulation of corporate disclosure, the appropriate reach of U.S. securities regulation with respect to transnational transactions, reform of private securities litigation, and the impact of securities and corporate law on the level of innovation in the economy. Professor Fox is past chair of the Business Associations section of the American Association of Law Schools.


  • Corporate Governance Lessons for Transition Economy Reforms

    Ed. Merritt B. Fox and Michael A. Heller
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    Corporate Governance Lessons from Transition Economy Reforms explores a timely topic at the intersection of economics, law, and policy reform. To date, most sophisticated theoretical work on corporate governance has focused on advanced market economies. In post-socialist countries, corporate finance and transition economics scholars have often done little more than convey the received theory to transition policymakers.

    This volume focuses, for the first time, on the reverse concern: what, if anything, do the reform experiences of transition countries teach about corporate governance theory more generally? To investigate this question, Merritt Fox and Michael Heller have assembled a stellar group of corporate governance theorists. The answers are startling.

    Together, these essays present a comprehensive new view on a provocative theme. Written in an accessible style, they will be of interest to a broad range of scholars, commentators, and policymakers. (Princeton University Press)