type here...

Albert H. Choi

Albert H. Choi is the Paul G. Kapuer Professor of Law at the University of Michigan. His research and teaching interests include corporate law, contract law, corporate finance, mergers and acquisitions, antitrust, and law and economics.
ESG, Corporate Governance & Future of the Firm

Did the Meme Stock Revolution Actually Change Anything?

Dhruv Aggarwal
Many financial commentators thought that the surge of retail investors participating in the stock market, the most notable of whom boosted “meme stocks” like GameStop, would democratize corporate governance and improve prosocial firm behavior, including the promotion of environmental, social, and governance (ESG) goals. In new research, Dhruv Aggarwal, Albert H. Choi, and Yoon-Ho Alex Lee find evidence that the exact opposite took place.

Latest news

View All

The publication of the Stigler Center at The University of Chicago Booth School of Business

ProMarket is dedicated to discussing how competition tends to be subverted by special interests. The posts represent the opinions of their writers, not necessarily those of the University of Chicago, the Booth School of Business, or its faculty. For more information, please visit ProMarket Policy.