Michael Klausner
Nancy and Charles Munger Professor of Business and Professor of Law

Publications & Cases

Recent Publications

Michael Klausner, Outside Directors' Liability: Have WorldCom and Enron Changed the Rules? Stanford Lawyer, Winter 2005, p. 36.
Michael Klausner, Failing to Govern? The Disconnect Between Theory and Reality on Nonprofit Boards, and How to Fix It, 3 Stanford Social Innovation Review 42 (2005). (with Jonathan Small)
Michael Klausner, Outside Directors, Liability Risk and Corporate Governance: A Comparative Analysis, University of Texas School of Law, Law and Economics Research Paper, no. 31 (2005). (with Brian R. Cheffins and Bernard S. Black)
Michael Klausner. Outside Directors and Lawsuits: What are the Real Risks? 2004 MCKINSEY QUARTERLY 70 (2004). (with Bernard S. Black and Brian R. Cheffins)
Michael Klausner. In the Line of Fire? , 44 EUROPEAN LAWYER 31 (2004/2005). (with Bernard Black, Brian Cheffins, and Simon Witney)
Michael Klausner, The Limits of Corporate Law in Promoting Good Corporate Governance, Stanford Law School, Working Paper (December 2004). 5 pages.
Robert M. Daines and Michael Klausner, Agents Protecting Agents: An Empirical Study of Takeover Defenses in Spinoffs, Stanford University Law School. Working Paper (December 16, 2004). 39 pages.
Bernard S. Black, Brian R. Cheffins, and Michael Klausner, Shareholder Suits and Outside Director Liability: The Case of Korea, Stanford Law and Economics Olin Working Paper No. 298 (November 2004).
Michael Klausner, When Time Isn't Money: Foundation Payouts and the Time Value of Money, 41 Exempt Organization Tax Review 421-428 (September 2003).
Michael Klausner, When Time Isn't Money: Foundation Payouts and the Time Value of Money, 1 Stanford Social Innovation Review 51-59 (Spring 2003).
Bernard S. Black, Michael D. Klausner and Brian R. Cheffins, Outside Director Liability, Stanford Law & Economics Olin Working Paper No. 250, 73 pages, (November 2003).
Robert M. Daines and Michael Klausner, Do IPO Charters Maximize Firm Value? Antitakeover Protection in IPOs, 17 Journal of Law, Economics, & Organization 83-120 (April 2001).
Michael Klausner, Corporations, Corporate Law, and Networks of Contracts, 81 Virginia Law Review 757-852 (1995).

klausner@stanford.edu

650 723.6433

Curriculum Vitae

Education:

BA University of Pennsylvania 1976
MA (economics) Yale University Graduate School of Arts and Sciences 1981
JD Yale Law School 1981

Expertise:

Banking and Financial Institutions
Business and Corporate Law
Corporate Governance
Law and Economics
Nonprofit Organizations