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David Yermack

David L. Yermack is the Albert Fingerhut Professor of Finance and Business Transformation at New York University Stern School of Business. He serves as Chairman of the Finance Department and Director of the NYU Pollack Center for Law and Business. His primary research areas include boards of directors, executive compensation, and corporate finance. Professor Yermack teaches joint MBA - Law School courses in Restructuring Firms & Industries and Bitcoin & Cryptocurrencies, as well as PhD research courses in corporate governance, executive compensation, and distress and restructuring.
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"The Blockchain Is Going to Revolutionize Central Banking and Monetary Policy"

David Yermack
Will governments start using central banks to issue sovereign currency on blockchains? And if so, will that be the end of the fractional reserve...
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Blockchains and Corporate Finance: “In a Blockchain Market, Shareholder Activists Might Play Much Less of a Role”

David Yermack
Will blockchain technology lead to less shareholder activism and higher executive compensation? Watch David Yermack’s full Stigler Center lecture on the potential implications of blockchain...
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"I Expect That Within the Next 10 Years, Probably Half of the Banks Will be Gone”

David Yermack
Watch David Yermack's full Stigler Center lecture on the potential implications of blockchain technology for the future of finance. First part of a three-part series.  In...

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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.