Apart from their assigned mod courses, 1L students may only enroll in courses offered as 1L electives. A complete list of these courses can be found on the 1L Elective Listings page. 1L students must use the 1L class number listed on the course description when enrolling.
251.78 sec. 001 - Corporate Social Impact (Spring 2025)
Instructor: Ofer Eldar (view instructor's teaching evaluations - degree students only)
View all teaching evaluations for this course - degree students only
Units: 2
Grading Designation: Graded
Mode of Instruction: In-Person
Meeting:
M 3:35 PM - 5:25 PM
Location: Law 136
From January 13, 2025
To April 29, 2025
Course End: April 29, 2025
Class Number: 32961
Enrollment info:
Enrolled: 10
Waitlisted: 0
Enroll Limit: 18
As of: 01/16 11:35 AM
Profit-seeking corporations are increasingly pressured to address social and environmental problems. This class critically examines the legal and policy frameworks underlying recent developments that enable or require firms to take on more active roles in addressing these issues. Topics include the economic structure of nonprofit organizations, debates over corporate purpose and the profit-maximization norm, the rise and backlash against ESG investing, the proliferation of new legal hybrid forms, nonprofit ownership of business enterprises (e.g., OpenAI), recent developments in managerial fiduciary duties, the roles of microfinance and fair trade in promoting development, and tax and subsidy policies designed to encourage corporations to pursue social goals. The course primarily focuses on identifying legal and economic structures that best align investors’ profit-making interests with diverse social purposes. Students may choose to write a 15-page Option 1 paper or a take-home exam.
Students in the class will have the option to earn credit outside the scope of the class by writing a paper on a topic related to corporate social impact under Law 299, subject to the instructor's approval.
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Requirements Satisfaction:
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Submit teaching evaluations for this course between 14-APR-25 and 29-APR-25
Exam Notes: (TH/P) Take-home examination or paper option: students option
(Subject to change by faculty member only through the first two weeks of instruction)
Exam Length: 8 hours
Course Category: Business Law
This course is listed in the following sub-categories:
Social Justice and Public Interest
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Readers:
No reader.
Books:
Instructor has indicated that no books will be assigned.