Dr. Kobi Kastiel

מנהלת הפקולטה למשפטים סגל אקדמי בכיר
Dr. Kobi Kastiel
Office: Trubowicz - Law, 320


Kobi Kastiel is an Assistant Professor at Tel Aviv University, Faculty of Law. He teaches and researches in the fields of corporate law and corporate governance, with a particular focus on public companies with controlling shareholders, and shareholder activism. Kastiel earned his S.J.D. and LL.M. from Harvard Law School, where he also served as a John M. Olin Fellow in Law and Economics and as a fellow at the Program on Corporate Governance. He also holds an LL.B. degree (magna cum laude) and B.A. degree in economics from Tel Aviv University. Prior to joining Tel-Aviv University, he was a Research Director at the Harvard Law School Program on Corporate Governance, and a Co-Editor of the Harvard Law School Forum on Corporate Governance and Financial Regulation. He also practiced for four years in the corporate group of a top New York law firm, and clerked on the Israeli Supreme Court. 




S.J.D., Harvard Law School, Cambridge, MA


LL.M., Harvard Law School, Cambridge, MA


LL.B. (magna cum laude), Faculty of Law, Tel Aviv University


B.A., School of Economics, Tel Aviv University


Academic Appointments


Buchmann Faculty of Law, Tel-Aviv University, Assistant Professor


Former Positions


Research Director, The Project on Controlling Shareholders, Harvard Law School Program on Corporate Governance


Paul, Weiss, Rifkind, Wharton & Garrison LLP, Corporate Associate


Israel Supreme Court, Law Clerk to Justice Asher D. Grunis (formerly the Chief Justice of the Supreme Court) and Senior Law Clerk to Justice Salim Joubran


Full CV (pdf)

Research Interests

Corporate Law, Corporate Governance, Controlling Shareholders, Mergers and Acquisitions, Corporate Reorganization, Economic Analysis of the Law, Political Economy, Comparative Corporate Law

Representative Publications

The Perils of Small-Minority Controllers, Georgetown Law Journal (2019), Forthcoming (with Lucian A. Bebchuk)


The 'Hidden' Tax Cost of Executive Compensation, 70 Stanford Law Review Online 179 (2018) (with Noam Noked)


Calculating Expectation Damages in Risk-Intensive Ventures, 47 Hebrew University Law Review 413 (2018), (with Yotam Kaplan).


The Untenable Case for Perpetual Dual-class Stock, Virginia Law Review (2017), Forthcoming 
(with Lucian A. Bebchuk)

“Captured Boards”: The Rise of "Super Directors" and the Case for a Board Suite, Wisconsin Law Review (2017), Forthcoming (with Yaron Nili)
-  Won the Best Paper Award, Weinberg Center’s 2017 Corporate Governance Symposium


In Search of the “Absent Shareholders”: A New Solution to Retail Investors’ Apathy, 41 Delaware Journal of Corporate Law 55 (2016) (with Yaron Nili)

Against All Odds: Hedge Fund Activism in Controlled Companies, 16 Columbia Business Law Review 60 (2016)
-  Won the HLS Victor Brudney Prize for an outstanding paper in the area of corporate law


Executive Compensation in Controlled Companies, 90 Indiana Law Journal 1,131 (2015)
 -  Won the HLS John M. Olin Prize for an outstanding paper in the area of law & economics


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