Steven Kaplan
Steven Neil Kaplan is the Neubauer Family Professor of Entrepreneurship and Finance at the University of Chicago Booth School of Business. He conducts research on issues in private equity, venture capital, entrepreneurial finance, corporate governance and corporate finance. He has published papers in a number of academic and business journals. He has testified to the U.S. Senate Finance Committee and the U.S. House Financial Services Committee about his research. Kaplan is a research associate at the National Bureau of Economic Research and an associate editor of the Journal of Financial Economics. Kaplan teaches advanced MBA and executive courses in entrepreneurial finance and private equity, corporate finance, corporate governance, and wealth management. BusinessWeek named him one of the top 12 business school teachers in the country. Professor Kaplan has been a member of the Chicago Booth faculty since 1988 and co-founded the entrepreneurship program at Booth.
Friedman 50 Years Later
The Enduring Wisdom of Milton Friedman
Shareholder value maximization has been extremely successful globally in the way that matters most because, in many cases, maximizing shareholder value is...
Corporate Governance
The SEC Proposal on Proxy Advisory Firms Will Provide Greater Transparency and Accountability
Proxy advisory firms lack transparency and their recommendations are not always in shareholders' interests. However, despite their poor performance, the two biggest firms' market...
Rent seeking
(God Knows) Wall Street Isn’t Perfect, But It Has Helped Make the World A Lot Better Off
If the criticisms against Wall Street had been accurate, the U.S. corporate sector today would be ailing. Instead, corporate profits are at historical highs...
Latest news
News
OpenLux: Despite Reform Efforts, Luxembourg Remains an “Offshore Hub in the Heart of Europe”
Dozens of foreign citizens linked to corruption, embezzlement of public funds, organized crime, and tax crime have opened companies in Luxembourg, seemingly...
Antitrust and Competition
Why Are Google and Facebook Now Okay with Australia’s News Media Bargaining Code?
A week of commercial deals and government negotiations has resulted in a series of amendments to the legislation aimed at making Google...
Corporate Governance
Do Companies Invest In Corporate Social Responsibility At the Expense of Their Employees?
The past decade has seen companies increasing investments in initiatives of corporate social responsibility (CSR), such as donating a share of profits...
Corporate Governance
Millennials and Gen Z Are Willing to Accept Lower Wages to Work in More Sustainable Firms
Firms in more environmentally friendly sectors are better able to attract and retain talent and at lower wages. Millennials and Gen Z,...
News
Fahmi Quadir: “Short Sellers are Always an Easy Boogeyman”
In an interview with ProMarket, short-seller Fahmi Quadir, who has shorted companies like Wirecard and Valeant, discussed the public perception of short-sellers...
Antitrust and Competition
How the FTC Protected the Market Power of Pharmacy Benefit Managers
Pharmacy Benefit Managers (PBMs) were established in the 1960s to control drug costs but have since morphed into one of the most...
Money in Politics
Recovering from Kleptocracy: A 10-Step Program
In his book Ill Winds: Saving Democracy from Russian Rage, Chinese Ambition, and American Complacency, Larry Diamond highlights 10 steps to close existing loopholes...
