Jonathan R. Macey
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Jonathan R. Macey (born 1955) is an American legal scholar who serves as the Sam Harris Professor of Corporate Law, Corporate Finance and Securities Law at
Yale Law School Yale Law School (YLS) is the law school of Yale University, a Private university, private research university in New Haven, Connecticut. It was established in 1824. The 2020–21 acceptance rate was 4%, the lowest of any law school in the United ...
. Macey is the 4th most cited legal scholar ever in the world in the field of corporate law.


Early life and education

Macey enrolled at
Harvard University Harvard University is a Private university, private Ivy League research university in Cambridge, Massachusetts, United States. Founded in 1636 and named for its first benefactor, the History of the Puritans in North America, Puritan clergyma ...
in 1973 as an undergraduate and earned his
B.A. A Bachelor of Arts (abbreviated B.A., BA, A.B. or AB; from the Latin ', ', or ') is the holder of a bachelor's degree awarded for an undergraduate program in the liberal arts, or, in some cases, other disciplines. A Bachelor of Arts degree ...
, ''
cum laude Latin honors are a system of Latin phrases used in some colleges and universities to indicate the level of distinction with which an academic degree has been earned. The system is primarily used in the United States. It is also used in some Sout ...
'', from
Harvard University Harvard University is a Private university, private Ivy League research university in Cambridge, Massachusetts, United States. Founded in 1636 and named for its first benefactor, the History of the Puritans in North America, Puritan clergyma ...
in 1977, and his J.D. from
Yale Law School Yale Law School (YLS) is the law school of Yale University, a Private university, private research university in New Haven, Connecticut. It was established in 1824. The 2020–21 acceptance rate was 4%, the lowest of any law school in the United ...
in 1982, where he was the article and book review editor of the ''
Yale Law Journal ''The Yale Law Journal'' (YLJ) is a student-run law review affiliated with the Yale Law School. Published continuously since 1891, it is the most widely known of the eight law reviews published by students at Yale Law School. The journal is one ...
''. In 1996, Macey received a Ph.D., ''
honoris causa An honorary degree is an academic degree for which a university (or other degree-awarding institution) has waived all of the usual requirements. It is also known by the Latin phrases ''honoris causa'' ("for the sake of the honour") or ''ad hono ...
'', from the
Stockholm School of Economics The Stockholm School of Economics (SSE; , HHS) is a private business school located in city district Vasastaden in the central part of Stockholm, Sweden. SSE offers BSc, MSc and MBA programs, along with PhD- and Executive education progr ...
. Following law school, Macey was a law clerk to Judge
Henry J. Friendly Henry Jacob Friendly (July 3, 1903 – March 11, 1986) was an American jurist who served as a federal circuit judge on the United States Court of Appeals for the Second Circuit from 1959 to 1986, and as the court's chief judge from 1971 to 1973. ...
on the U.S. Court of Appeals for the Second Circuit.


Career

From 1991 to 2004, Macey was J. DuPratt White Professor of Law, director of the John M. Olin Program in Law and Economics at
Cornell Law School Cornell Law School is the law school of Cornell University, a private university, private, Ivy League university in Ithaca, New York. One of the five Ivy League law schools, Cornell Law School offers four degree programs (Juris Doctor, JD, Maste ...
, and professor of law and business at
Cornell University Cornell University is a Private university, private Ivy League research university based in Ithaca, New York, United States. The university was co-founded by American philanthropist Ezra Cornell and historian and educator Andrew Dickson W ...
's Johnson Graduate School of Business. Macey has taught at major universities throughout the world, including Bocconi University (Milan), the University of Tokyo; the University of Toronto; the University of Turin, the University of Amsterdam Department of Finance, and the Stockholm School of Economics, Department of Law. He also has been professor of law at the
University of Chicago The University of Chicago (UChicago, Chicago, or UChi) is a Private university, private research university in Chicago, Illinois, United States. Its main campus is in the Hyde Park, Chicago, Hyde Park neighborhood on Chicago's South Side, Chic ...
(1990) and visiting professor of law at Harvard Law School (1999). Macey is a senior research fellow at the International Centre for Economic Research (ICER) in Turin, Italy. Macey also serves on the academic advisory board (Comitato Scientifico) of the Associazione Disiano Preite for the study of corporate law (per lo studio del diritto dell'impresa). In 1995, Macey was awarded the Paul M. Bator Award for excellence in Teaching, Scholarship and Public Service by the Federalist Society for Law and Public Policy. In 1996, he received a Ph.D., honoris causa from the Stockholm School of Economics. And in 1998, he received the D.P. Jacobs prize for the most significant paper in volume 6 of the ''Journal of Financial Intermediation'' for his paper (co-authored with Maureen O'Hara), "The Law & Economics of Best Execution." In 1999 Macey was made an honorary fellow of the Society For Advanced Legal Studies. In 2000, Macey became a member of the legal advisory committee to the board of directors of the New York Stock Exchange. In 2001 Macey was appointed a Bertil Daniellson Distinguished Visiting Professor in Banking and Finance at the Stockholm School of Economics. In 2002 Macey was appointed to the economic advisory board of the National Association of Securities Dealers (NASD). In 2004 Macey was awarded a Teaching Award by the Yale Law Women in recognition of his "commitment to excellence in teaching, mentoring and inspiring." In 2005 Macey became a member of the board of editors of Thomson West Publishing Company.


Works

Macey is the author of several books, including the two-volume treatise, ''Macey on Corporation Laws'', published in 1998 (Aspen Law & Business), and co-author of two leading casebooks, ''Corporations: Including Partnerships and Limited Liability Companies'' (2003 Thomson West), which is in its eighth edition, and ''The Law of Financial Institutions'',"(2013 Wolters Kluwer Law & Business), which is now in its fifth edition. He also is the author of over 100 scholarly articles. His recent articles have appeared in the ''Banking Law Journal'', the ''University of Chicago Law Review'', the ''Stanford Law Review'', the ''Yale Law Journal'', the ''Cornell Law Review'', the ''
Journal of Law and Economics ''The Journal of Law and Economics'' is an academic journal published by the University of Chicago Press. It publishes articles on the economic analysis of regulation and the behavior of regulated firms, the political economy of legislation and leg ...
'', and the Brookings Wharton Papers on Financial Institutions. He has published numerous editorials in such publications as the ''
Wall Street Journal ''The Wall Street Journal'' (''WSJ''), also referred to simply as the ''Journal,'' is an American newspaper based in New York City. The newspaper provides extensive coverage of news, especially business and finance. It operates on a subscriptio ...
'', ''
Forbes ''Forbes'' () is an American business magazine founded by B. C. Forbes in 1917. It has been owned by the Hong Kong–based investment group Integrated Whale Media Investments since 2014. Its chairman and editor-in-chief is Steve Forbes. The co ...
'', the ''
Los Angeles Times The ''Los Angeles Times'' is an American Newspaper#Daily, daily newspaper that began publishing in Los Angeles, California, in 1881. Based in the Greater Los Angeles city of El Segundo, California, El Segundo since 2018, it is the List of new ...
'' and the ''National Law Journal''. Macey is also the author of ''Corporate Governance: Promises Kept, Promises Broken'', which was published in October 2008 by Princeton University Press.


Bibliography

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References


External links


Macey's homepage at Yale Law School

Video: Interview
on ''
The Daily Show ''The Daily Show'' is an American late-night talk show, late-night talk and news satire television program. It airs each Monday through Thursday on Comedy Central in the United States, with extended episodes released shortly after on Paramount+ ...
'' 2012 {{DEFAULTSORT:Macey, Jonathan R. Living people Cornell University faculty Yale Law School faculty Yale Law School alumni Harvard University alumni Finance law scholars Academic staff of the Stockholm School of Economics Stockholm School of Economics alumni Academic staff of Bocconi University Academic staff of the University of Tokyo Academic staff of the University of Toronto Academic staff of the University of Amsterdam University of Chicago faculty Scholars of securities law American legal scholars Cato Institute people 1955 births