Roy Shapira

Roy Shapira focuses on reputation, regulation, and corporate governance. His book on these topics, titled "Law and Reputation", was published by Cambridge University Press on September 2020. Shapira also published on the topic at leading law reviews, such as University of Chicago Law Review, Washington University Law Review, Vanderbilt Law Review, and Boston University Law Review.

Shapira received his SJD and LLM degrees from Harvard Law School, where both his Master's and doctoral theses won the Victor Brudney Prize (for best paper on corporate governance). During his time in Harvard Shapira also received the Olin Corporate Governance and Clark Byse fellowships. Prior to joining Harvard Shapira practiced law, specializing in commercial litigation. He got an LLM (summa cum laude, 1st in class) and an LLB and BA (finance) (summa cum laude, 1st in class) from the IDC. Prior to joining the IDC faculty Shapira headed the research efforts of the Stigler Center at the Booth School of Business (University of Chicago), and has taught for six years a seminar on the interactions between laws, reputation and social norms at Harvard's Economics Department (winning six teaching excellence awards).

Shapira also practiced law and reputation, providing consulting and thought leadership services to leading business companies. He is currently working on projects on the difficulties in holding big business accountable, the role of gatekeepers in corporate compliance, and the information-production aspects of private law's basic doctrines.

Areas of expertise

• Corporate Social Responsibility
• Law and Reputation
• Corporate Governance
• Economic Regulation
• Law and Social Norms

Publications

An Information-Production Theory of Liability Rules, 89 University of Chicago Law Review (forthcoming, 2022) (with Assaf Jacob)

The Challenge of Holding Big Business Accountable, 44 Cardozo Law Review (forthcoming, 2022)

Mission Critical ESG and the Scope of Director Oversight Duties, 2022 Columbia Business Law Review (forthcoming, 2022)

Max Oversight Duties: How Boeing Signifies a Shift in Corporate Law, 48 Journal of Corporation Law (forthcoming, 2022)

The "New Property" and the Old Status Quo, 5 Law, Society and Culture 173 (2022) [Hebrew]

How Emerging Technologies May Hurt Consumer Protection, in: Emerging Technologies in Israeli Law (Gaon, Greenbaum & Zemer, eds.) (2022) [Hebrew]

The New Caremark Era: Causes and Consequences, 98 Washington University Law Review 1857 (2021)

Comprehensibility and Accountability, 41 Oxford Journal of Legal Studies 1227 (2021)

The Power of the Narrative in Corporate Lawmaking, 11 Harvard Business Law Review 233 (2021) (with Mark J. Roe)

Corporate Law, Retooled: How Books and Records Revamped Judicial Oversight, 42 Cardozo Law Review 1949 (2021)

Be Like Delaware, 45 Tel-Aviv University Law Review 683 (2021) [Hebrew]

Director Oversight Duties, 24 Law & Business 559 (2021) [Hebrew]

Revolving Doors and the Ineffectiveness of Cooling-Off Periods, 34 Bar-Ilan University Law Review (2021) [Hebrew]

Shaming and Reputation, in: The Legal Aspects of Shaming (Seidman et al., eds.) (forthcoming, 2021)

Law and Reputation (Cambridge University Press, 2020)

Theory of the Nudnik: The Future of Consumer Activism and What Can We Do to Stop it, 73 Vanderbilt Law Review 929 (2020) (with Yonathan Arbel)

Consumer Activism: From the Informed Minority to the Crusading Minority, 69 DePaul Law Review 233 (2020) (with Yonathan Arbel)

When Should Judges Defer to Agency Interpretation? A Regulatory Capture Perspective, 44 Tel-Aviv University Law Review Online (2020) [Hebrew]

Amenable Controls: How Companies Shape Laws, Reputation and Morals, in: The Cambridge Handbook of Corporate Law, Corporate Governance, and Sustainability 641 (2019)

Mandatory Arbitration and the Market for Reputation, 99 Boston University Law Review 873 (2019)

Reputational Sanctions and the Legal Process, 23 Law & Business 79 (2019) [Hebrew]

Law as Source, 37 Yale Law & Policy Review 153 (2018)

Is Pollution Value Maximizing? The DuPont Case (NBER working paper no. 23866, 2017) (with Luigi Zingales)

Reputation Through Litigation: How the Legal System Shapes Behavior by Producing Information, 91 Washington Law Review 1193 (2016)

Legal Sanctions, in; The Sage Encyclopedia of Corporate Reputation (Carroll, ed., 2016)

A Reputational Theory of Corporate Law, 26 Stanford Law & Policy Review 1 (2015)

Corporate Philanthropy as Signaling and Co-optation, 80 Fordham Law Review 1889 (2012).

Justice and Efficiency in Civil Procedure: Toward a Novel Interpretative Approach, 7 Law & Business 75 (2007) (with Alon Klement) [Hebrew]