Joe Grundfest: "Without Luck, Nothing Good Happens."

Start of Episode [1:31]Luck and skill: "Without luck nothing good happens" [3:21]Joe's experience as a Commissioner of the Securities and Exchange Commission [5:33]Transition from the S.E.C. to Stanford Law School [8:16]The story of Financial Engines [11:04]Taking Financial Engines private [14:54]The Oracle Derivative Litigation Case (2003) [17:17]The KKR board [20:19]The story of Stanford's Directors' College [23:31]Federal-forum selection charter provisions and the Sciabacucchi case [27:34]Elon Musk's coverage of D&O insurance for Tesla directors [32:24]The rise of stakeholder capitalism and ESG [37:55]Global warming [40:38]Conflicts of interests in public and private companies [43:17]Control in startups [48:28]Rapid-fire questions [50:57]Joseph A. Grundfest is the William A. Franke Professor of Law and Business at Stanford Law School and is a Senior Faculty of the Rock Center for Corporate Governance at Stanford University. Professor Grundfest is a nationally prominent expert on capital markets, corporate governance, and securities litigation. __ Music/Soundtrack (found via Free Music Archive): Seeing The Future by Dexter Britain is licensed under a Attribution-Noncommercial-Share Alike 3.0 United States License  You can follow Evan on social media at:Website: boardroom-governance.comX: @evanepsteinLinkedIn: https://www.linkedin.com/in/epsteinevan/ Substack: https://evanepstein.substack.com/YouTube: https://www.youtube.com/@BoardroomGovernance__To support this podcast you can join as a subscriber of the Boardroom Governance Newsletter at https://evanepstein.substack.com/__Music/Soundtrack (found via Free Music Archive): Seeing The Future by Dexter Britain is licensed under a Attribution-Noncommercial-Share Alike 3.0 United States License