Corporate Law

Recent Faculty Scholarship

Great scholarship serves the community in many ways. Brooklyn Law School’s faculty have produced a remarkable collection of work on a wide range of topics that have reached readers worldwide. They have influenced legislation, judicial decisions, and teaching methodologies. In this section is a small sampling of some of the more recent research that is a source of great pride for the Law School. Read more about the scholarship produced in the last several years.

Dana Brakman Reiser
Dana Brakman Reiser

Dana Brakman Reiser and Steven Dean
Hunting Stag with FLY Paper: A Hybrid Financial Instrument for Social Enterprise
54 B.C. L. Rev. 1495

Social entrepreneurs and socially motivated investors share a belief in the power of social enterprise, ventures that pursue a “double bottom line” of profit and social good. Unfortunately, they also share a deep mutual suspicion. Recognizing that social ventures — just like traditional for- and non-profit enterprises — need capital to flourish, this Article offers a financing tool to transform that skepticism into commitment.

Steven Dean
Steven Dean

Unlike the array of new entities that have emerged in recent years — including L3Cs, benefit corporations and flexible purpose corporations — the hybrid financial instrument it describes provides a robust and transparent solution to the puzzle that lies at the heart of every social enterprise: how to blend a profit motive with a social mission. Recognizing their shared dilemma as an example of what economists call a stag hunt, FLY Paper strikes that elusive balance by allowing investors and entrepreneurs to credibly signal a reciprocal commitment to the pursuit of a dual bottom line.

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