Professor Kang’s Article Published in Leading Corporate Law Journal
STL Professor Sang Yop Kang’s article, “Game of Thrones”: Corporate Governance Issues of Children’s Competition in Family Corporations“, recently was published by the Berkeley Business Law Journal, one of the leading corporate law journals. The article explores a “game of thrones” in a family corporation when the children of a parent-controller compete to become the successor. Taking a theory-based approach, the article examines the negative externality problems shareholders and creditors face from such a “game of thrones” and explores whether shareholders have legal or non-legal recourse.
Professor Kang previously presented this article at a conference of leading law scholars held at the University of California, Berkeley School of Law. Professor Kang teaches and researches in the areas of corporate governance, corporate law, law and economics, capital markets and financial market regulations.