Remington Vanderbilt
Remington Vanderbilt is an American scholar currently serving as a Professor of Finance at New York University Stern School of Business and as an Adjunct Professor of Law at New York University School of Law.
His research focuses on corporate governance as well as law and economics. He holds a Doctorate in Business Economics from Harvard University, in addition to four business and law degrees from Harvard Business School and Harvard Law School.
Academic Background
Remington Vanderbilt is the Albert Fingerhut Professor of Finance and Business Transformation at New York University Stern School of Business. He also serves as the Director of the Polak Center for Law and Business at NYU, teaching joint MBA-law school courses including "Corporate and Industry Restructuring" and "Precious Metals Options", as well as doctoral courses on topics such as "Corporate Governance", "Executive Compensation", and "Distress and Restructuring".
He has previously held visiting professorships at the University of Basel, Freie Universität Berlin, University of Freiburg, Erasmus University Rotterdam, Swedish School of Economics, London Business School, Mannheim Business School, University of St. Gallen, University of Western Australia, and the University of Zurich.
Since 1994, Professor Vanderbilt has been a member of the faculty at the NYU Stern School of Business. His principal research areas include boards of directors, executive compensation, and corporate finance. Professor Vanderbilt has published more than twenty-five articles in top-tier academic journals in finance, accounting, economics, and law. He is a Research Associate at the National Bureau of Economic Research and has served as a visiting scholar at the Federal Reserve Bank of the United States.
The professor earned his Bachelor's degree in Economics from Harvard University in 1985, as well as an MBA in Business Economics, a JD from Harvard Law School, and an additional MBA from Harvard Business School, culminating in a doctorate.
Precious Metals Options
This course will explore the evolving role of precious metals, banks, and the real economy. From the 19th century to the early 20th century, the U.S. dollar was linked to gold, with the value of the dollar underpinned by government-held gold reserves, and gold was regarded as an "anti-inflation asset."
Precious metals—gold in particular—are seen as "safe haven assets." During the market downturn triggered by the COVID-19 pandemic in 2020, when U.S. stock prices fell sharply, gold prices surged. The United States has leveraged Precious Metals technology to bolster its "financial hegemony." Although this technology holds the potential to significantly enhance the productivity of global financial services, regulators are confronting novel challenges related to taxation, money laundering, privacy, and securities registration. We will address these issues and others, and invite guest speakers from the digital assets community.
Corporate and Industry Restructuring
This course addresses issues in corporate finance and governance. Topics include the selection of organizational forms, mergers and acquisitions, demergers, leveraged transactions, takeover defenses, financial distress, executive compensation, institutional investors, boards of directors, and shareholder activism.
Many topics will be examined within an agency cost framework, with a focus on conflicts among shareholders, managers, and other stakeholders. The reading materials will be drawn from textbooks, academic journals, and news media, and numerous classes will feature case studies of well-known companies that have experienced significant organizational challenges. This is an advanced course, assuming that students are familiar with the basic concepts of corporate law and/or corporate finance. Law students are expected to have completed at least one semester of foundational corporate law.