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
Antitrust and Competition
How Will the FTC Evaluate Vertical Mergers?
The Federal Trade Commission’s recent withdrawal of its 2020 vertical merger guidelines is flatly incorrect as a matter of microeconomic theory and...
Antitrust and Competition
Announcing the Participants in the Fall 2021 Stigler Center Journalists in Residence Program
This month, the Stigler Center will welcome eight world-class journalists from the United Kingdom, Brazil, China, Romania, Ukraine, Slovenia, and the United...
Antitrust and Competition
The Roots of America’s Competition Revolution
Proponents of the current transformation in America’s competition policy managed to shape legislative reform proposals, push public antitrust agencies to boost enforcement, and successfully...
Economic History Series
Looks Can Be Deceiving: Ronald Coase and the Chicago School
Ronald Coase is typically thought of as one of the Chicago School’s brightest lights. But Coase’s relationship with Chicago was always an...
Antitrust and Competition
A New Browser Extension Aims to Bring Transparency to Big Tech Funding
As Congress prepares to debate a series of new antitrust bills​, the​ Big Tech Funding browser extension encourages lawmakers to be mindful...
Antitrust and Competition
What Are They Hiding? What Firms Don’t Want Us to Know About Their Economic Development Incentives
State and local governments offer firms all kinds of incentives in hopes of spurring local economic development. New research finds that a...
Corporate Governance
Two Years After the Business Roundtable Statement: Pointing in the Right Direction
The 2019 Business Roundtable statement was a welcome break from the position that the nation’s top corporate CEOs took in 1997, when...
