Professor Andrew Johnston

School of Law

Professor of Company Law and Corporate Governance

Andrew.Johnston@sheffield.ac.uk
+44 114 222 6811

Full contact details

Professor Andrew Johnston
School of Law
Profile

I was appointed to a chair at ºù«Ӱҵ in January 2013. Before coming to ºù«Ӱҵ, I lectured at the Universities of Queensland, Cambridge, ºù«Ӱҵ (2003-5) and Warsaw. I teach and research in the fields of company law and corporate governance, broadly conceived. My latest research projects examine the contribution of corporate governance to sustainability and regulatory responses to the global financial crisis.

I studied law as an undergraduate at Cambridge and wrote my doctorate at the European University Institute in Florence. Before becoming an academic I practised as a solicitor with Herbert Smith and the Treasury Solicitor.

Qualifications
  • PhD, European University Institute, Florence;
  • BA/MA(law), University of Cambridge;
  • Diploma in Legal Practice, College of Law.
Research interests
  • Company Law
  • Corporate Governance
  • Corporate Social Responsibility
  • Law & Economics
  • Corporate Governance & Sustainability
Publications

Books

  • Johnston A (2009) EC Regulation of Corporate Governance. Cambridge: Cambridge University Press. RIS download Bibtex download
  • Marcelli E, Williams CC & Joassart P (2009) . RIS download Bibtex download
  • Wirtz JJ (2009) Introduction. RIS download Bibtex download
  • Cable C () . Routledge. RIS download Bibtex download
  • Basu B () . Routledge. RIS download Bibtex download
  • Anumba C () . Routledge. RIS download Bibtex download
  • Pelling M () . Routledge. RIS download Bibtex download
  • () . Routledge. RIS download Bibtex download

Journal articles

  • Johnston A, Veldman J, Eccles RG, Deakin S, Davis J, Djelic M-L, Pistor K, Segrestin B, Williams CA, Millon D , Ireland P et al (2019) Corporate Governance for Sustainability. RIS download Bibtex download
  • Johnston A & SjÃ¥fjell B (2019) The EU’s Approach to Environmentally Sustainable Business: Can Disclosure Overcome the Failings of Shareholder Primacy?. RIS download Bibtex download
  • Samanta N & Johnston A (2019) . Corporate Governance: The International Journal of Business in Society, 19(5), 845-848. RIS download Bibtex download
  • Segrestin B, Johnston A & Hatchuel A (2019) . Journal of Management History. RIS download Bibtex download
  • Johnston A, Segrestin B & Hatchuel A (2019) . Legal Studies, 39(1), 75-97. RIS download Bibtex download
  • Johnston A & Talbot L (2018) . King's Law Journal. RIS download Bibtex download
  • Johnston A & Sadiq K (2017) Beyond Country-by-Country Reporting: A Modest Proposal to Enhance Corporate Accountability. New Zealand Universities Law Review, 27(3), 569-600. RIS download Bibtex download
  • Johnston A (2017) The Shrinking Scope of CSR in UK Corporate Law. Washington and Lee Law Review, 74(2). RIS download Bibtex download
  • Johnston A (2015) . European Law Journal, 21(6), 758-786. RIS download Bibtex download
  • Morrow P & Johnston A (2015) Commentary on the OECD Principles of Corporate Governance. University of Oslo Faculty of Law Research Paper(2015). RIS download Bibtex download
  • Johnston A & Zhang Z (2015) Civil Liability for Commercial Bribery in China. Company Lawyer, 221-228. RIS download Bibtex download
  • Johnston A & Morrow P (2014) Commentary on the Shareholder Rights Directive. University of Oslo Faculty of Law Research Paper(2014). RIS download Bibtex download
  • Johnston A (2014) . Journal of Law and Society, 41(1), 6-27. RIS download Bibtex download
  • Johnston A (2014) Reforming English Company Law to Promote Sustainable Companies. European Company Law, 11(2), 63-66. RIS download Bibtex download
  • Johnston A (2013) Constructing Sustainability through CSR: A Critical Appraisal of ISO 26000. International and Comparative Law Journal. RIS download Bibtex download
  • Johnston A (2012) ISO 26000: Guiding Companies to Sustainability through Social Responsibility?. European Company Law, 9(2), 110-117. RIS download Bibtex download
  • Johnston A (2012) ‘Review of Teubner and Collins, Networks as Connected Contracts’. Industrial Law Journal, 41(3), 374-379. RIS download Bibtex download
  • Johnston A (2011) Incentivising private health insurance through the income tax regime: Capitalising on behavioural models. Australian Tax Forum, 26(4), 633-663. RIS download Bibtex download
  • Johnston A (2011) Towards a Sustainable European Company Law: A Normative Analysis of the Objectives of EU Law, with the Takeover Directive as a Test Case. EUROPEAN LAW REVIEW, 36(2), 302-305. RIS download Bibtex download
  • Johnston A (2011) . Griffith Law Review, 20(1), 221-244. RIS download Bibtex download
  • Orr G & Johnston A (2011) . Federal Law Review, 39(1), 71-101. RIS download Bibtex download
  • Johnston A (2011) Facing up to social cost: the real meaning of corporate social responsibility. Griffith Law Review. RIS download Bibtex download
  • Johnston A (2011) . Journal of Corporate Studies. RIS download Bibtex download
  • Lombardo S (2009) . European Business Organization Law Review, 10(4), 627-648. RIS download Bibtex download
  • Johnston A & Syrpis P (2009) Regulatory competition in European company law after Cartesio. EUROPEAN LAW REVIEW, 34(3), 378-404. RIS download Bibtex download
  • Johnston A (2007) . The Cambridge Law Journal, 66(2), 422-460. RIS download Bibtex download
  • Johnston A (2007) . Industrial Relations Journal, 38(1), 93-96. RIS download Bibtex download
  • Johnston A (2006) . European Business Organization Law Review, 7(4), 817-843. RIS download Bibtex download
  • Johnston A & Pugh T () . SSRN Electronic Journal. RIS download Bibtex download
  • Johnston A () . SSRN Electronic Journal. RIS download Bibtex download
  • Johnston A, Amaeshi K, Adegbite E & Osuji O () . Journal of Business Ethics. RIS download Bibtex download

Chapters

  • Johnston A (2019) Market-Led Sustainability through Information Disclosure: The UK Approach RIS download Bibtex download
  • Johnston A (2016) , China and International Commercial Dispute Resolution (pp. 195-227). Brill | Nijhoff RIS download Bibtex download
  • Johnston A (2015) Arbitrability of Company Law Disputes In Liu Q & Shan W (Ed.), China and International Commercial Dispute Resolution Brill Publishing RIS download Bibtex download
  • Johnston A, SjÃ¥fjell B, Anker-Sørensen L & Millon D (2015) Shareholder primacy: the main barrier to sustainable companies In SjÃ¥fjell B & Richardson B (Ed.), Company Law and Sustainability: Legal Barriers and Opportunities Cambridge: Cambridge University Press. RIS download Bibtex download
  • Johnston A & Morrow P (2015) Towards long-termism in Corporate Governance: the Shareholder Rights Directive and beyond, Long-term investment and the Sustainable Company: a stakeholder perspective Brussels: ETUI. RIS download Bibtex download
  • Johnston A & Njoya W (2014) , Voices at Work (pp. 400-420). Oxford University Press RIS download Bibtex download
  • Johnston A (2012) Recent Developments in Stakeholder Theory: from the Productive Coalition to the Governance of Social Cost In Vitols S & Heuschmid J (Ed.), European Company Law and the Sustainable Company – A Stakeholder Approach Brussels: ETUI/GOODCORP. RIS download Bibtex download
  • Johnston A (2010) , Company Law and Economic Protectionism (pp. 161-175). Oxford University Press RIS download Bibtex download
  • () In Dobson M & Ziemann B (Ed.) Routledge RIS download Bibtex download
  • Dobson M () Routledge RIS download Bibtex download
  • Atkinson R () Routledge RIS download Bibtex download
  • Johnston A () , EC Regulation of Corporate Governance (pp. 359-364). Cambridge University Press RIS download Bibtex download
  • Johnston A () , EC Regulation of Corporate Governance (pp. 365-386). Cambridge University Press RIS download Bibtex download
  • Johnston A () , EC Regulation of Corporate Governance (pp. 343-358). Cambridge University Press RIS download Bibtex download
  • Johnston A () , EC Regulation of Corporate Governance (pp. 311-342). Cambridge University Press RIS download Bibtex download
  • Johnston A () , EC Regulation of Corporate Governance (pp. 247-287). Cambridge University Press RIS download Bibtex download
  • Johnston A () , EC Regulation of Corporate Governance (pp. 288-310). Cambridge University Press RIS download Bibtex download
  • Johnston A () , EC Regulation of Corporate Governance (pp. 146-213). Cambridge University Press RIS download Bibtex download
  • Johnston A () , EC Regulation of Corporate Governance (pp. 214-244). Cambridge University Press RIS download Bibtex download
  • Johnston A () , EC Regulation of Corporate Governance (pp. 107-145). Cambridge University Press RIS download Bibtex download
  • Johnston A () , EC Regulation of Corporate Governance (pp. 1-18). Cambridge University Press RIS download Bibtex download
  • Johnston A () , EC Regulation of Corporate Governance (pp. 21-58). Cambridge University Press RIS download Bibtex download
  • Johnston A () , EC Regulation of Corporate Governance (pp. 59-104). Cambridge University Press RIS download Bibtex download

Book reviews

  • Johnston A (2014) Book Review: Moore, 'Corporate Governance in the Shadow of the Law’. International Company and Commercial Law Review 31-3, 25(1), 31-33. RIS download Bibtex download

Reports

  • SjÃ¥fjell B, Mähönen J, Johnston A & Cullen J (2019) Obstacles to Sustainable Global Business. Towards EU Policy Coherence for Sustainable Development RIS download Bibtex download
  • Johnston A & Morrow P (2018) The Revised Shareholder Rights Directive 2017: Policy Implications for Workers RIS download Bibtex download
  • Johnston A, Cullen J, Morrow P & Xu T (2016) European Financial Regulation and Land Grabbing: Legal Analysis and Policy Recommendations RIS download Bibtex download
  • Johnston A & Morrow P (2015) Commentary on the OECD Principles of Corporate Governance RIS download Bibtex download
  • Johnston A & Morrow P (2014) Commentary on the Shareholder Rights Directive RIS download Bibtex download

Working papers

  • Johnston A (2018) Climate-Related Financial Disclosures: What Next for Environmental Sustainability?. University of Oslo Faculty of Law Research Paper. RIS download Bibtex download
  • Stout LA, Robé J-P, Ireland P, Deakin S, Greenfield K, Johnston A, Schepel H, Blair MM, Talbot LE, Dignam AJ , Dine J et al (2016) The Modern Corporation Statement on Company Law. RIS download Bibtex download
  • Johnston A & Morrow P (2016) Fiduciary Duties of European Institutional Investors: Legal Analysis and Policy Recommendations. University of Oslo Faculty of Law Research Paper. RIS download Bibtex download

Other

  • Pugh T & Johnston A () . SSRN Electronic Journal. RIS download Bibtex download
Research group
  • Member of the SICCL Research Cluster
  • Member of ºù«Ӱҵ Institute of Corporate and Commercial Law.

Areas of Research Supervision

  • Company Law (including European and comparative)
  • Corporate Governance
  • Regulation
  • Law & Economics
  • Financial Crisis
  • Financial Markets
  • Corporate Social Responsibility
Grants

Title/Description: Sustainable Market Actors for Responsible Trade

  • Awarding Body: EU Horizon 2020
  • People Involved: University of Oslo and SMART Network
  • Years Funded for: 2016 - 2020
  • Amount: £90,000 (to ºù«Ӱҵ)

Title/Description: ‘Institutional Activism in Corporate Governance: Qualified Foreign Institutional Investors in China’

  • Awarding Body: Marie Curie Sklodowska Fellowship Scheme
  • People Involved: Wenge Wang
  • Years Funded for: 2016 - 2018
  • Amount: £180,000

Title/Description: Law and Finance in China

  • Awarding Body: Economic and Social Research Council
  • People Involved: CBR, Cambridge (Simon Deakin), SICCL (Ding Chen, Navajyoti Samanta), Renmin University and Hunan University
  • Years Funded for: 2017 - 2018
  • Amount: £390,000
Teaching interests

I encourage students to think about the policies behind the law, and to make connections with other subjects they have studied earlier in their degree. As company law is highly topical, I always try to relate what we are studying to current events in the corporate and financial worlds. I also try to introduce economic perspectives wherever possible, explaining them in simple terms in order to demystify them.

I believe it is essential for students to understand these perspectives – and their limits – because they have such a firm grip on policymakers’ imaginations. More specifically, I encourage students to consider the best way in which the social costs companies can create can be dealt with, or governed, and the role the law should play in this. In doing so, I draw on my research on corporate governance and the financial crisis, as well as my involvement in the ‘Sustainable Companies’ and SMART projects based at the University of Oslo.

I use a variety of teaching methods in the seminars I lead. In the second year module on Private Law Aspects of Company Law, we often focus on problem solving and applying the law to the facts. The module provides a foundation for the study of advanced corporate and financial modules in the third year.

The module on the Law of Public Companies is research-led, and involves discussions about the policy behind the law. I try to encourage student participation in lectures, whilst in seminars, students work in small groups to develop and deliver presentations, drawing on lectures and their own independent research.

I encourage students to read widely around the area of corporate governance, drawing on legal and other social science materials. Students are then given detailed feedback on their presentations, both by their peers and by me, as seminar leader. I ensure that I am accessible to students to discuss their research, whether at the end of lectures and seminars, or during my office hour.

Teaching activities

Undergraduate

  • Private Law Aspects of Company Law
  • The Law of Public Companies

LLM

  • Introduction to Company Law and Corporate Governance
  • Current Issues in Company Law and Corporate Governance
Professional activities and memberships
  • Research Associate at Centre for Business Research, University of Cambridge
  • Member, Sustainable Companies Network and Sustainable Market Actors for Responsible Trade Project, University of Oslo
  • Member, GOODCORP Research Network, European Trade Union Institute, Brussels
  • Associate Fellow, ºù«Ӱҵ Political Economy Research Institute (SPERI)
  • Visiting Professor Mines ParisTech (March 2016) and Queensland University of Technology (July 2016)
  • Acted as consultant (with Frank Bold, Jay Cullen and Ting Xu) advising Global Witness and Friends of the Earth on Landgrabbing and Financial Regulation (November 2015 to February 2016).

Recent Invited Papers and Keynote Lectures

  • Invited presentation on ‘Employee voice in European Corporate Governance Regulation: History and Prospects’ at ‘Workshop on Corporate Governance and Workers’ Voice in Europe’, organised by Hans-Böckler Foundation and Hertie School of Governance, CGIL, Rome, 14th March 2017
  • Research seminar, ‘The Rise and Fall of the Enterprise: How the Law Forgot about Management’, 3CL, University of Cambridge Faculty of Law, 7th March 2017
  • Invited presentation on ‘The changing scope of CSR in UK company law’ at the Lara D. Gass Annual Symposium on Corporate Law, Governance, and Purpose: A Tribute to the Scholarship of Lyman Johnson and David Millon, held at Washington and Lee University School of Law, 21st-22nd October 2016.
  • Invited presentation on ‘Incentivising Long-Term Shareholding’ at Creating Sustainable Companies summit, organised by Frank Bold and Cass Business School, Brussels, 28th September 2016
  • Invited presentation ‘Constructing Shareholder Primacy’ at Company Law Roundtable, University of Southampton Law School 16th June 2016
  • Invited presentation ‘The Rise and Eclipse of the Enterprise in Law’ (with Blanche Segrestin) at Shaping the Corporate Landscape Symposium 14th-15th June 2016, Centre of Law and Enterprise, University of Bristol Law School
  • Invited presentation entitled ‘Nobody owns corporations – so how should they be governed?’ at ETHOS Corporate Governance Roundtable discussion on ‘Who Owns the Corporation?’ at Cass Business School on 17th December 2015. The other speakers were John Plender of the Financial Times and Anita Skipper, Corporate Governance Advisor at Aviva Investors.
  • Research seminar ‘Regulating Hedge Funds for Systemic Stability’, Durham University, Institute of Corporate and Commercial Law, 25th November 2015
  • Invited research seminar entitled ‘Regulating Hedge Funds for Systemic Stability: the EU’s Approach’ presented at Renmin University Law School, 20th October 2015 and Durham University Law School, 25th November 2015.