In Publicly Held Corporations: A Lawyer's Guide Howard M. Friedman provides readers with an introduction to the vast array of legal material that governs the several thousand largest economic entities in the United States publicly held corporations and their real-world operational
characteristics.

Written from the perspective of the transactional lawyer, Publicly Held Corporations covers issues of financing the publicly held company, including use of commercial paper, the role of rating agencies, use of bank loans and legal requirements for follow-on stock offerings. Extensive attention is
given to the shareholders' role in governance matters, the special role of institutional investors, the complex system of street-name ownership of shares and SEC proxy rules. The book also examines the array of protections for shareholders as investors. The increasingly important role of
independent directors is examined in detail, as is the committee structure of modern corporate boards and director liability. Executive compensation and trading in shares by company executives are both examined. Issues of corporate structure to avoid piercing the corporate veil are explained.
Separate chapters on friendly acquisitions and hostile tender offers simplify this complex field. Finally, special ethical obligations of corporate counsel are examined in detail. The book was completed several months after the enactment of the Dodd-Frank Wall Street Reform and Consumer Protection
Act and integrates the vast amount of new regulation imposed by that statute into a broader perspective.
About the Author:
Howard M. Friedman is distinguished Professor of Law Emeritus at the University of Toledo. He has written three other books and numerous articles on corporate and securities law as well as in other areas of law. He received his B.A. from Ohio State University, his J.D. from Harvard Law School and
an LL.M. degree from Georgetown University. Before entering teaching, Prof. Friedman worked at the Securities and Exchange Commission. He has also taught at the University of North Dakota, Case Western Reserve University, St. John's University and Notre Dame University. He has served as chairman
of the Ohio State Bar Association Corporation Law Committee and has testified before Congress and state legislative committees. In 2002 he was awarded the Outstanding Research Award by the Ohio State Bar Foundation. He has spoken at continuing legal education programs around the country.