Document Type
Article
Publication Title
The Journal of Corporation Law
Abstract
This is a contribution to the Journal of Corporation Law’s 2020 symposium on blockchain technology and corporate governance. The thesis is that blockchain technology is well suited to the monitoring function in corporate governance; that monitoring as the primary function of corporate governance is a particularly legal conception; and that the business conception of governance has far more to do with leadership, strategy, and operations. If the legal and business conceptions of governance tend to be ships passing in the night (at least in this somewhat exaggerated rendering), it is because prevailing economic and legal theoretical models have a difficult time incorporating human qualities that underlie leadership, intuition, insight, and creativity. Law schools have long taught litigation skills and transactional skills have come into vogue as well. Teaching leadership to aspiring business lawyers is the next challenge.
First Page
965
Last Page
980
Publication Date
2021
Recommended Citation
Jeffrey M. Lipshaw, Governance ≠ Leadership: What Blockchain and AI Won't Do for Corporate Lawyers, 46 The J. of Corp. L. 965 (2021).
Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License