Prof. Roy Shapira
Harry Radzyner Law School
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Research and Teaching Expertise
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Corporate Social Responsibility -
Law and Reputation
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Corporate Governance
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Economic Regulation
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Law and Social Norms
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Roy Shapira focuses on reputation, regulation, and corporate governance. His research features in leading law reviews, such as Stanford Law Review, University of Chicago Law Review, Michigan Law Review, Vanderbilt Law Review, and Yale Journal on Regulation. His book on these topics, titled "Law and Reputation", was published by Cambridge University Press in 2020. Shapira is a Research Member at ECGI (European Corporate Governance Institute) and a Director at International Corporate Governance Society, and was previously visiting professor at Berkeley Law.
Shapira received his SJD and LLM degrees from Harvard Law School, where both his Master's and doctoral theses won the Victor Brudney Prize (for best paper on corporate governance). During his time in Harvard Shapira also received the Olin Corporate Governance and Clark Byse fellowships. Prior to joining Harvard Shapira practiced law, specializing in commercial litigation. He got an LLM (summa cum laude, 1st in class) and an LLB and BA (finance) (summa cum laude, 1st in class) from the IDC.
Prior to joining Reichman University, Shapira headed the research efforts of the Stigler Center at the Booth School of Business (University of Chicago), and has taught for six years a seminar on the interactions between laws, reputation and social norms at Harvard's Economics Department (winning six teaching excellence awards).
Shapira also practiced law and reputation, providing consulting and thought leadership services to leading business companies. He is currently working on projects on the difficulties in holding big business accountable, the role of gatekeepers in corporate compliance, and the information-production aspects of private law's basic doctrines.
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Rivalros Remedies, 80 Vanderbilt Law Review (forthcoming) (with Shay Lavie)
Is Pollution Value-Maximizing?, 50 Harvard Environmental Law Review 43 (2026) (with Luigi Zingales)
Conceptualizing Caremark, 100 Indiana Law Journal 467 (2025)
Consumerist Waste: Looking Beyond Repair, 122 Michigan Law Review 1161 (2024)
Specialist Directors, 41 Yale Journal on Regulation 652 (2024) (with Yaron Nili)
Compliance Gatekeepers, 41 Yale Journal on Regulation 469 (2024) (with Asaf Eckstein)
When Does Shaming Translate Into Reputational Fallouts? In The Legal Aspects of Shaming 79 (Meital Pinto & Guy Seidman, eds., 2023)
The Challenge of Holding Big Business Accountable, 44 Cardozo Law Review 203 (2022)
The "New Property" and the Old Status Quo, 5 Law, Society and Culture 173 (2022) [Hebrew]
How Emerging Technologies May Hurt Consumer Protection, in: Emerging Technologies in Israeli Law 39 (Gaon, Greenbaum & Zemer, eds., (2022) [Hebrew]
The New Caremark Era: Causes and Consequences, 98 Washington University Law Review 1857 (2021)
Comprehensibility and Accountability, 41 Oxford Journal of Legal Studies 1227 (2021)
Be Like Delaware, 45 Tel-Aviv University Law Review 683 (2021) [Hebrew]
Director Oversight Duties, 24 Law & Business 559 (2021) [Hebrew]
Law and Reputation (Cambridge University Press, 2020)
Amenable Controls: How Companies Shape Laws, Reputation and Morals, in: The Cambridge Handbook of Corporate Law, Corporate Governance, and Sustainability 641 (2019)
Mandatory Arbitration and the Market for Reputation, 99 Boston University Law Review 873 (2019)
Reputational Sanctions and the Legal Process, 23 Law & Business 79 (2019) [Hebrew]
Law as Source, 37 Yale Law & Policy Review 153 (2018)
Legal Sanctions, in; The Sage Encyclopedia of Corporate Reputation (Carroll, ed., 2016)
A Reputational Theory of Corporate Law, 26 Stanford Law & Policy Review 1 (2015)
Corporate Philanthropy as Signaling and Co-optation, 80 Fordham Law Review 1889 (2012).
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Cambridge University Press Blog: on my forthcoming book, Law and Reputation
Columbia Law School blog: on the "books and records" era in corporate law
TheMarker [Hebrew]: on what deters pollution
TheMarker: how effective cooling-off periods really are in mitigating "revolving doors" between the
The Houston Chronicle: Is pollution value maximizing? Coverage by the Houston media
Jotwell: Coverage of the DuPont paper
Chicago Booth Review: Coverage of the DuPont paper
Harvard's corporate governance blog: is mandatory arbitration of shareholder claims desirable
Global Investigative Reporters Blog: on how the law serves as source
Podcast on the theory of the nudnik
Marginal Revolution Blog: on the theory of the nudnik
Business media coverage of the theory of the nudnik
Wall St. J mention of my study on the counterintuitive interactions between law and reputation
Harvard corporate governance blog: on the power of narratives
Columbia's corporate governance blog: The reputational theory of corporate law
Columbia's corporate governance blog: Reputation through litigation
Harvard's corporate governance blog: The positive and negative aspects of corporate philanthropy
Harvard's corporate governance blog: Is pollution value maximizing
The Naked Capitalism: Is pollution value maximizing? (coverage in the Naked Capitalism blog)
Prof. Bainbridge recommends our article on the power of narratives in corporate lawmaking
Jotwell: Coverage of the DuPont paper
Chicago Booth Review: Coverage of the DuPont paper
President-Elect Biden and the Lessons from the DuPont project and the Short-Termism project
Harvard Corporate Governance Blog, on director oversight duties
Prof. Bainbridge on Director Oversight Duties
Director Insurance Blog - on director oversight duties
JOTWELL review of my paper on director oversight duties
פודקסט באנגלית על שינויים בחובות ההשגחה של דירקטורים
Prof. Bainbridge on my Boeing essay
CLS blog post on the Boeing piece
Stigler Center blog post on the Boeing case
Columbia Law School blog on the challenge of controlling big business
Oxford blog on the challenge of controlling bigness
ProMarket blog: on regulators' enforcement priorities and the difficulties in controlling bigness
FinReg blog on An Information-Production Theory of Contract Law
Compliance Gatekeepers featured in Harvard Corporate Governance Blog
FinReg blog on compliance gatekeepers
Prof. Bainbridge Recommends Specialist Directors
Harvard Blog on Specialist directors
Video: conversation on specialist directors
Planet Money podcast (Indicator) on profiting from lawbreaking
Podcast on Specialist Directors
Harvard Blog on Special Litigation Committees
Oxford blog on how to determine directors' bad faith
A blog post on the relationship between class actions and regulation [in Hebrew]
The Regulatory Review on Compliance Gatekeepers
Harvard Blog on how the CS3D will reshape corporate America
Columbia blog on proposed amendment to shareholder inspection rights
Oxford blog post on the EU's impact on corporate sustainability
Columbia Blog on the Political Dimensions of the CS3D's impact
JOTWELL on the CS3D-Caremark Combo
A Wired article on the ramifications of limiting shareholder inspection rights
CLS blog on accountability for flawed corporate culture
Corporate Crime Reporter Magazine on Accountability for Flawed Corporate Culture
BU podcast on corporate governance
Panel on Corporate Reputation (Australia)
Panel on Specialist Directors (Australia)
Podcast on geopolitics in corporate governance
YouTube: geopolitics in corporate governance panel
Harvard Blog Post on Board Overload
Bainbridge Blog on Board Overload
Oxford blog on Rivalrous Remedies
NYU Compliance blog on Board Overload
JOTWELL review of Rivalrous Remedies
Harvard Blog on The End of the Beginning in Corporate Law
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Law and Reputation - the book's webpage
A blog post at the Harvard Forum on the book
Podcast on my Law and Reputation book