Margaret Blair is an economist who focuses on corporate law and finance. Her current research focuses on six areas: team production and the role of corporate boards of directors, the legal concept of “personhood,” legal issues in the governance of supply chains, the...

Jay W. Lorsch is the Louis E. Kirstein Professor of Human Relations at the Harvard Business School. He is an internationally recognized expert on corporate governance with a specific focus on boards of directors and the author of two path-breaking books about corporate boards:...