Professor Anita Anand, J.R. Kimber Chair in Investor Protection and Corporate Governance
J.R. Kimber Chair in Investor Protection and Corporate Governance & Academic Director, Centre for the Legal Profession and Program on Ethics in Law and Business (on leave)

Jackman Law Building
78 Queen's Park
Toronto, Ontario M5S 2C5 

Anita Indira Anand is currently serving as the Member of Parliament for Oakville, Ontario. She is on leave from the Faculty of Law for the duration of her appointment.

Prior to assuming her role as MP, Professor Anand, a Professor of Law, held the J.R. Kimber Chair in Investor Protection and Corporate Governance. She served as Associate Dean from 2007-2009 and since 2010, served as the Academic Director of the Centre for the Legal Profession and its Program on Ethics in Law and Business. She is a Senior Fellow of Massey College and cross-appointed to the Rotman School of Management and the Munk School of Global Affairs and Public Policy. In 2019, the Royal Society of Canada awarded her the Yvain Allaire medal for her outstanding contributions in governance relating to private and public organizations.

During the 2009-2010 academic year, Professor Anand was a Visiting Scholar at the Bank of Canada and a Herbert Smith Visitor at the University of Cambridge. In 2005-2006, she was a Canada-U.S. Fulbright Scholar and Visiting Olin Scholar in Law and Economics at Yale Law School. During the Fall 2005, she was a Visiting Lecturer in Law at Yale Law School where she taught comparative corporate governance. In Fall 2017, she was appointed Director of Policy and Research at the Capital Markets Institute, Rotman School of Management at the University of Toronto where she also taught in the Directors' Education Program.

She is the recipient of research grants from the Social Sciences and Humanities Research Council of Canada (four awards), the Law Foundation of Ontario, the Foundation for Legal Research (three awards), the Connaught Foundation as well as the Canadian Association of Law Teachers' Scholarly Paper Award (2003).  In Fall 2004, she received the Queen's Law Students' Society Award for Excellence in Teaching and in Fall 2006, she and co-authors Frank Milne and Lynnette Purda were awarded the Best Paper in Managerial Finance by the International Journal of Managerial Finance for their empirical research relating to corporate governance. 

In 2015, Professor Anand was appointed by Ontario's Minister of Finance to the Expert Committee to Consider Financial Advisory and Financial Planning Policy Alternatives. She has conducted research for Ontario's Five-Year Review Committee, the federal Wise Person's Committee, the Task Force to Modernize Securities Legislation in Canada and the Commission of Inquiry into the Investigation of the Bombing of Air India Flight 182.  She was the inaugural Chair of the Ontario Securities Commission's Investor Advisory Panel (2010-2012) and the president of the Canadian Law and Economics Association (2009-2011).

In 2012, she was appointed to the Bertha Wilson Honour Society by the Schulich School of Law for service to the legal profession.  She is the Editor of Canadian Law eJournal, published by the Legal Scholarship Network. She has served on the Ontario Rhodes Scholar Selection Committee and the U.S.-Canada Fulbright Committee as well as public company and non-profit boards of directors. Her main research areas relate to the regulation of capital markets with a specific focus on corporate governance, enforcement, capital raising techniques and systemic risk.

Canadian Business Law Blog

Twitter: @AnitaAnand2

Podcast on Cooperative Securities Regulator: https://www.buzzsprout.com/5821/514460-anita-anand-episode-59-mp3

Education
B.A. (Hons Political Studies) - Queen's University (1989)
B.A. (Hons Jurisprudence) - University of Oxford (1991)
LL.B. - Dalhousie University (1992)
LL.M. - University of Toronto (1996)
Called to the Bar of Ontario (1994)
Academic appointments
J.R. Kimber Chair in Investor Protection and Corporate Governance (2016-2019)
Director of Policy and Research, Capital Markets Institute, U of T (2017- 2019)
Cross-appointed to the Rotman School of Management (2017-present)
Senior Fellow, Massey College (2012-present)
Cross-appointed to the Munk School of Global Affairs and Public Policy (2009-present)
Fellow-in-Residence, C.D. Howe Institute (2014-2017)
Herbert Smith Visitor, University of Cambridge (2010)
Visiting Scholar, Bank of Canada (2009-2010)
Visiting Olin Scholar in Law and Economics, Yale Law School (2005-2006)
Visiting Lecturer in Law, Yale Law School (2005-2006)
Associate Professor, Queen's Law School (2003-2006)
Assistant Professor, Queen's Law School (1999-2003)
Assistant Professor (adjunct), Western Law School (1997-1999)
Awards and distinctions
Royal Society of Canada - Yvain Allaire Medal (2019)
Social Sciences and Humanities Research Council awards (2018, 2011, 2006, 2001)
Law Foundation of Ontario Research Award (2016)
Trailblazer Award Canadian Association of South Asian Lawyers (2013)
Foundation for Legal Research award (2012)
Bertha Wilson Honour Society, Schulich School of Law (2012)
Best Paper in Managerial Finance (with L. Purda and F. Milne), International Journal of Managerial Finance (2006)
Canada-U.S. Fulbright Scholar Award (2005-2006)
Queen’s Law Students’ Society Excellence in Teaching Award, Queen’s University (Fall 2004)
Foundation for Legal Research awards (2004, 2002)
Canadian Association of Law Teachers’ Scholarly Paper Award (2003)
Medal in Political Studies, Queen’s University (1989)
Rhodes Scholar Finalist (1988)
Governor General's Medal (1985)
Other service
Member, Securities Advisory Committee, Ontario Securities Commission (2018-2019)
Advisory Board, India Canada Association (2018-2019)
Ontario Rhodes Scholarship Selection Committee (2018)
Grant Review Committee, U.S.-Canada Fulbright Foundation (2017-2019)
Special Advisor to the Board of FAIR Canada (2017)
Member, Governing Board, Massey College (2016-2019)
Member, Board of Trustees, Canadian Business Law Journal (2016-2019)
Member, Province of Ontario Expert Committee to Consider Financial Advisory and Financial Planning Policy Alternatives (2015-2016)
Member, National Council, C.D. Howe Institute (2014- 2019)
Member, Editorial Board, Mowat Centre (2014-2019)
Member, Academic Advisory Board, Can. Coalition for Good Governance (2013-2019)
Inaugural Chair, Ontario Securities Commission Investor Advisory Panel (2010-2012)
Researcher, Commission of Inquiry into the Investigation of the Bombing of Air India Flight 182 (2006-2007)
Researcher, Task Force to Modernize Securities Legislation in Canada (2006)
Researcher, Five-Year Review Committee (2001-2003)
Other info

Board member and Chair of Governance and Nominating Committee, Diversified Royalty Corp. (2018-2019)

Board member, Economic Investment Trust Ltd. (2018-2019)

Board member and Governance Committee chair, Lighthouse for Grieving Children (2017-2019)

Board member and corporate secretary, Saint Mildred's-Lightbourn School (2014-2016)

Board member, Oakville Hydro Electricity Distribution Inc. (2014-2016)

Board member, Oakville Hospital Foundation (2013-2016)

Chair and board member, Canadian Museum of Indian Civilization (2006-2007; 2012-2015)

Articling Student (1992-1993) and Associate Lawyer (1994-1997 with LL.M leave), Torys LLP

 

Selected publications

"An Empirical Comparison of Insider Trading Enforcement in Canada and the United States" (2018) 57 International Review of Law and Economics 49-59 (with S. Choi, P. Puri and A. Pritchard).

"Securities Settlements as Examples of Crisis-driven Regulation" (2018) 55 International Review of Law and Economics 41-57 (with Andrew Green).

"Governance Complexities in Firms with Dual Class Shares" (2018) 3:3 Annals of Corporate Governance 184-275.

"Independence and Accountability in Public and Private Governance" (2018) 61:1 Canadian Public Administration (with Lorne Sossin).

“Constitutional Aspects of Commercial Law” in Peter Oliver et al The Oxford Handbook of Canadian Constitutional Law (Oxford University Press, 2017).

"An Empirical Analysis of Advance Notice Provisions in Corporate Bylaws: Evidence from Canada" (2017) International Review of Law and Economics (with Michele Dathan).

Systemic Risk, Institutional Design, and the Regulation of Financial Markets, Anita Anand, ed. (Oxford: Oxford University Press, 2016).

“Diversity on Boards” (2016) 58:2 Canadian Business Law Journal 165 (with Vijay Jog).

“Offloading the Burden of Being Public: An Analysis of Multi-voting Share Structures” (2016) Virginia Law and Business Review.

 “Shareholder Rights and Directors’ Duties in Takeover Bids” (2015) 61:1 McGill Law Journal.

 “Large Law Firms and Capture: Towards a Nuanced Understanding of Self-Regulation of the Legal Profession" (2015) 92 Canadian Bar Review.

“Is Crowdfunding Bad for Investors?” (2014) 55:2 Canadian Business Law Journal.

“Direct Access in Ontario: A Call to Reexamine” (2014) 18:1 The Labour and Employment Law Journal 123 (with Gita Anand) 

“The Value of Governance” (2013) 6 Rotman International Journal of Pension Management 38-43.

“Private Regulation of Insider Trading in the Shadow of Lax Public Enforcement (and a Strong Neighbor): Evidence from Canadian Firms” (2013) 3: 2 Harvard Business Law Review 215-256 (with Laura Beny).

“Domestic and International Influences on Firm-level governance: Evidence from Canada” (2012) 14 American Law and Economics Review 68-110 (with Frank Milne and Lynnette Purda).

“Was Magna in the Public Interest?” (2012) 49 Osgoode Hall Law Journal 311-332.

“Regulating Financial Institutions: The Value of Opacity” (2012) 57:3 McGill Law Journal 399-428 (with Andrew Green).

 “Side-Payments, Opt-ins and Power: Creating a National Securities Regulator in Canada” (2011) 51(1) Canadian Business Law Journal 1-26 (with Andrew Green).

 “An Empirical Examination of the Governance Choices of Income Trusts” (2011) 8:1 Journal of Empirical Legal Studies 110-139 (with Edward Iacobucci).