Professor Brian Cheffins has been awarded a Leverhulme Major Research Fellowship to work on a project entitled Transformation of the Public Company.
For the purposes of his project, Professor Cheffins will analyze how and why the U.S. public company, which has dominated the American economy since the beginning of the 20th century, has been transformed since an era of "managerial capitalism" that prevailed in the 1950s and 1960s. Particular emphasis will be placed on how changing market conditions, a reconfiguration of corporate governance arrangements and legal reforms have altered the manner in which publicly traded companies are run. Professor Cheffins’ project is scheduled to culminate in the publication of a book with Oxford University Press.
Leverhulme Major Research Fellowships "enable well-established and distinguished researchers in the humanities and social sciences to devote themselves to a single research project of outstanding originality and significance, capable of completion within two or three years." Professor Cheffins’ Fellowship covers the academic years 2016-17 and 2017-18 and he will be on research leave during this period. Professor Cheffins will be based in Cambridge but will travel to the U.S. to conduct research.
Competition for the latest round of Leverhulme Major Research Fellowships was very keen, with the Leverhulme Trust emphasizing that the quality of the applications was extremely high. There were 233 applications and 33 Fellowships were awarded.
