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Making Disclosure Work for Start-up Employees

Equity-based compensation of startup employees is attracting growing and skeptical attention in academia and the media. Legal and finance scholars have raised concerns that employees are misinformed regarding the value of their equity grants in a …

Beyond Covenants Not to Compete: Equilibrium in High-Tech Startup Labor Markets

The literature analyzing the relationship between enforceability of covenants not to compete and the success of Silicon Valley is incomplete. The microstructure of the employee stock options market, combined with California’s strong public policy …

The Effect of Specialised Courts over Time

This article investigates the effect of creating a specialized economic court on subsequent litigation rates, forum selection, and court performance. To do so, we utilized a quasi-experimental research design and compared court decisions under two …

From Delaware to Israel: Evaluating Israel's Quasi Experiment of a Specialized Corporate Court

The Delaware Court of Chancery’s success has made the court a role model for both specialized economic courts in the United States and worldwide. Specialized economic courts are perceived by international organizations such as the World Bank and the …