Curtis Milhaupt Receives 'Best Paper' Award, Recently Appointed ECGI Fellow

Curtis Milhaupt Receives 'Best Paper' Award, Recently Appointed ECGI Fellow

The European Corporate Governance Institute (ECGI) honors Stanford Law School's Milhaupt for his 2023 paper, “The (Geo)Politics of Controlling Shareholders.” Milhaupt, who is a senior fellow, by courtesy, at the Freeman Spogli Institute and a faculty affiliate at Shorenstein APARC, has also been appointed a Fellow of the ECGI.
Curtis Milhaupt speaking from a podium at Encina Hall, Stanford University.

This article originally appeared on the Stanford Law School's website.


Curtis J. Milhaupt, the William F. Baxter-Visa International Professor of Law at Stanford Law School, recently received a “Best Paper” award from the European Corporate Governance Institute (ECGI) for his 2023 working paper, “The (Geo)Politics of Controlling Shareholders.” Milhaupt is also a senior fellow, by courtesy, at the Freeman Spogli Institute for International Studies and affiliated faculty at Shorenstein APARC.

Milhaupt’s paper “makes a substantial and novel contribution to the literature on corporate governance and controlling shareholders by analyzing how the features of firms with controlling shareholders enhance their geopolitical significance,” according to a press release from ECGI. His paper advocates for the study of corporate governance to extend beyond traditional economic analysis to incorporate geopolitical and political-economic dimensions.

“Corporate governance scholarship on controlling shareholders has focused almost exclusively on shareholder wealth diversion and creation,” said Milhaupt, who was appointed a Fellow of the ECGI in January 2024. The ECGI selects as fellows individuals who have demonstrated scientific excellence or other outstanding achievements in the area of corporate governance and stewardship.

“It is an honor to be recognized for my effort to analyze the complex interplay between corporate control and wide-ranging geopolitical and domestic political concerns,” he said.

Milhaupt focuses his research and teaching on comparative corporate governance, the legal systems of East Asia, and Chinese state capitalism. In addition to numerous scholarly articles, he has co-authored or edited seven books, including Regulating the Visible Hand? The Institutional Implications of Chinese State Capitalism (Oxford, 2016), Law and Capitalism: What Corporate Crises Reveal about Legal Systems and Economic Development Around the World (Chicago, 2008) and Transforming Corporate Governance in East Asia (Routledge, 2008).

The prize will be awarded at the ECGI Annual Conference in Brussels on October 8, 2024.

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