Creating conditions for less firm failure; The litigant perspective upon courts; LEPC 2022
Creating conditions for less firm failure
The difficulties of firms like Theranos, WeWork and FTX have led to debates about the role of investors in improving the working of firms. My column in the Business Standard today, Improving the win rate in firms, argues that a key source of failure is the idea of handing over power to the CEO. Investors can create conditions in which their firms fare better by creating conditions in which there is more knowledge on the table, better debates, and more course-correction.
The litigant perspective upon courts
In the conventional wisdom about measurement of the working of courts, the litigant is given a low priority. In a new XKDR Forum working paper, Evaluating contract enforcement by courts in India: a litigant’s lens, Pavithra Manivannan, Susan Thomas and Bhargavi Zaveri-Shah bring a fresh perspective into the discussion. How do courts work, as viewed by the litigant, and how does this knowledge reshape the optimisation of the litigant? They have a paper and an unveiling blog article.
The Law Economics and Policy Conference (LEPC), 2022, is at Flame University starting today.