Anita Anand

Professor & Academic Director, Centre for the Legal Profession and Program on Ethics in Law and Business

Falconer Hall
Room 301
84 Queen's Park
Toronto, Ontario M5S 2C5 

Tel.: 416-946-4002

Research interests
Business Corporations
Economic Analysis of Law
Legal Ethics
Securities Regulation

BA (Hons) (Queen's) 1989, BA (Hons Juris) (Oxon) 1991, LLB (Dalhousie) 1992, LLM (Toronto) 1996, joined the University of Toronto Faculty of Law from Queen's University in 2006. She is a Professor at the Faculty of Law at Toronto and served as Associate Dean (JD Program) from 2007-2009. She is the Academic Director of the Centre for the Legal Profession including its Program on  Ethics in Law and Business. She is also Senior Fellow, Massey College and is cross-appointed to the University of Toronto's School of Public Policy and Governance. During the 2009-2010 academic year, Professor Anand was a Visiting Scholar at the Bank of Canada in Ottawa and a Herbert Smith Visitor at the University of Cambridge.

In 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. She is the recipient of research grants from the Social Sciences and Humanities Research Council of Canada (three awards), 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. 

Professor Anand has conducted research for the Five Year Review Committee, the Wise Person's Committee, and the Task Force to Modernize Securities Legislation in Canada.  She was the inaugural Chair of the Ontario Securities Commission's Investor Advisory Panel from 2010-2012, the Editor of Canadian Law eJournal, published by the Legal Scholarship Network, and the past president of the Canadian Law and Economics Association. In 2012, she was appointed to the Bertha Wilson Honour Society by the Schulich School of Law for service to the legal profession. Since 2010, she has served on the Chief Justice of Ontario's Advisory Committee on Professionalism. Her main research areas relate to the regulation of capital markets and include a focus on corporate and securities law as well as ethics and the corporation.

Education
B.A. (Hons) - Queen's University (1989)
B.A. (Hons Jurisprudence) - University of Oxford (1991)
LL.B. - Dalhousie University (1992)
LL.M. - University of Toronto (1996)
Academic appointments
Senior Fellow, Massey College (2012-present)
Cross-appointed to the School of Public Policy and Governance (2009-present)
Herbert Smith Visitor, University of Cambridge (2010)
Visiting Scholar, Bank of Canada, Ottawa, Ontario (2009-2010)
Visiting Olin Scholar in Law and Economics, Yale Law School (2005-2006)
Assistant Professor, Queen’s University (2003-2006)
Visiting Lecturer in Law, Yale Law School (2005-2006)
Awards and distinctions
Foundation for Legal Research award (2012)
Bertha Wilson Honour Society, Schulich School of Law (2012)
Social Sciences and Humanities Research Council awards (2001, 2006, 2011)
Best Paper in Managerial Finance (with Lynnette Purda and Frank Milne) from the International Journal of Managerial Finance (2006)
Canada U.S. Fulbright Scholar (2005-2006)
Queen’s Law Students’ Society Excellence in Teaching Award, Queen’s University (Fall 2004)
Canadian Association of Law Teachers’ Scholarly Paper Award (2003)
Foundation for Legal Research (2000, 2004)
Gold Medal in Political Studies, Queen’s University (1989)
Other service
Inaugural Chair, Ontario Securities Commission Investor Advisory Panel (2010-2012)
Researcher for the Commission of Inquiry into the Investigation of the Bombing of Air India Flight 182 (2006-2007)
Researcher for the Task Force to Modernize Securities Legislation in Canada (committee struck by the Investment Dealers’ Association of Canada to examine securities regulation in Canada) (2006)
Researcher for Wise Persons’ Committee (federal committee to examine the securities regulatory regime in Canada) (2003)
Researcher for Five Year Review Committee (provincial committee to review securities legislation in Ontario) (2000-2003)
Selected Publications

Anita I Anand, Frank Milne & Lynnette Purda, “Domestic and International Influences on Firm-level Governance” (2011) Am L & Econ Rev [forthcoming  2011].

Anita I Anand & Edward M Iacobucci, “An Empirical Examination of the Governance Choices of Income Trusts” (2011) 8:1 J Empirical Legal Stud 147.

Anita I Anand, “Is Systemic Risk relevant to Securities Regulation?” (2010) 60 UTLJ 940. (download article)

Anita I Anand, “Rules v. Principles as Approaches to Financial Market Regulation” (2009) 49 Harv Int’l LJ Online 111.

Anita I Anand “Is the Dutch Auction IPO a Good Idea?’ (2006) 11:2 Stan JL Bus & Fin 233.