SLS’s Curtis Milhaupt Receives ‘Best Paper’ Award, Recently Appointed ECGI Fellow

SLS’s Curtis Milhaupt Receives ‘Best Paper’ Award, Recently Appointed ECGI Fellow
Professor Curtis Milhaupt

Curtis J. Milhaupt, William F. Baxter-Visa International Professor of Law at Stanford Law School (SLS), recently received a “Best Paper” award from the European Corporate Governance Institute (ECGI) for his 2023 working paper, “The (Geo)Politics of Controlling Shareholders.” Milhaupt is also a Senior Fellow, by courtesy, of the Freeman Spogli Institute for International Studies at Stanford University.

Milhaupt’s paper “makes a substantial and novel contribution to the literature on corporate governance and controlling shareholders by analyzing how the features of firms with controlling shareholders enhance their geopolitical significance,” according to a press release from ECGI. His paper advocates for the study of corporate governance to extend beyond traditional economic analysis to incorporate geopolitical and political-economic dimensions.

“Corporate governance scholarship on controlling shareholders has focused almost exclusively on shareholder wealth diversion and creation,” said Milhaupt, who was appointed a Fellow of the ECGI in January 2024. The ECGI selects as fellows individuals who have demonstrated scientific excellence or other outstanding achievements in the area of corporate governance and stewardship. 

“It is an honor to be recognized for my effort to analyze the complex interplay between corporate control and wide-ranging geopolitical and domestic political concerns,” he said.

Milhaupt focuses his research and teaching on comparative corporate governance, the legal systems of East Asia, and Chinese state capitalism. In addition to numerous scholarly articles, he has co-authored or edited seven books, including Regulating the Visible Hand? The Institutional Implications of Chinese State Capitalism (Oxford, 2016), Law and Capitalism: What Corporate Crises Reveal about Legal Systems and Economic Development Around the World (Chicago, 2008) and Transforming Corporate Governance in East Asia (Routledge, 2008).

The prize will be awarded at the ECGI Annual Conference in Brussels on October 8, 2024.

Read the ECGI’s Press Release

Read The (Geo)Politics of Controlling Shareholders

About the ECGI

The European Corporate Governance Institute (ECGI), founded in 2002, is an international scientific non-profit association operating under Belgian law. It was established to improve corporate governance through fostering independent scientific research and related activities.

About Stanford Law School

Stanford Law School is one of the nation’s leading institutions for legal scholarship and education. Its alumni are among the most influential decision makers in law, politics, business and high technology. Faculty members argue before the Supreme Court, testify before Congress, produce outstanding legal scholarship and empirical analysis, and contribute regularly to the nation’s press as legal and policy experts. Stanford Law School has established a new model for legal education that provides rigorous interdisciplinary training, hands-on experience, global perspective and focus on public service, spearheading a movement for change.