Alex Lee teaches securities regulation, business associations, and administrative law at Northwestern Pritzker School of Law. His interests include securities regulation, administrative law, cost-benefit analysis, law and economics, litigation and settlement models, theories of regulation, and consumer protection law. Lee previously taught at USC Gould School of Law. He served as senior council in the Division of Risk, Strategy, and Financial Innovation for the U.S. Securities and Exchange Commission. Lee clerked for the Honorable Thomas B. Griffith on the U.S. Court of Appeals for the D.C. Circuit. He received his B.A. in Mathematics from Harvard College and his M.A. in Mathematics from Cambridge University. He received his J.D. from Yale Law School and his Ph.D. in Economics from Yale Graduate School.
Many financial commentators thought that the surge of retail investors participating in the stock market, the most notable of whom boosted “meme stocks” like GameStop, would democratize corporate governance and improve prosocial firm behavior, including the promotion of environmental, social, and governance (ESG) goals. In new research, Dhruv Aggarwal, Albert H. Choi, and Yoon-Ho Alex Lee find evidence that the exact opposite took place.
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