Corporate Governance

Corporate Governance Externalities: How Directors’ Reputational Concerns Shape Governance of Other Firms

A new paper by Wharton’s Doron Levit and Carroll’s Nadya Malenko fleshes out the role that reputation plays in shaping the structure and effectiveness of...

The US Government Loses As Much As $111 Billion Annually Due to Corporate Tax Dodging

Report: For every dollar spent on lobbying, the 50 largest corporations received more than $4,000 in government support. The U.S. government is losing as much...

Stigler Center Talk: Uber and the Future of Work-On-Demand

David Plouffe,  board member and Chief Advisor at Uber, is coming to give a talk at the Stigler Center. Within seven years, Uber has managed...

Does a CEO Have a Duty to Lobby?

We need not only more disclosure, but also more work in alerting people in general (and students in particular) about the distortive effects of...

Is There a Crisis in the Economic Theory of the Firm? Participants at Harvard Business School Conference Agree: Firms Try to Change the Rules...

A novel conference at Harvard Business School brought together top scholars in order to answer the question: Is Milton Friedman’s dictum that firms that...

The Heirs of John D. Rockefeller Divest from Fossil Fuels, Slam Exxon Mobil as “Morally Reprehensible”

The Rockefeller Family Fund announced on Wednesday that it will be divesting entirely from fossil fuels, due to the industry’s stance on climate change.   The...

Stigler Center Talk: Robert Bilott on How to Protect Our Drinking Water

The lawyer who has been dubbed "DuPont's Worst Nightmare" will discuss the legal, regulatory, political, and scientific challenges of addressing unregulated chemical contaminants in drinking...

“The United States Has Lost the Will and Ability to Prosecute Top Corporate Executives”

Pulitzer-Prize winning journalist Jesse Eisinger speaks about executive impunity and the key to justice in America.    In January, Sen. Elizabeth Warren released a scathing indictment...

Can a CEO in Good Conscience Not Be a Crony Capitalist?

The above question — posed by Brucest1, a reader of this blog — is extremely important and deserves a fully articulated answer. Brucest1 seems to conclude that a...

Latest news

What Comes Next for Economic Policies to Combat Covid-19? A Conversation Between Six Booth Faculty

As the Covid-19 crisis evolves from a temporary shock into what seems like a long-term catastrophe, six finance scholars from Chicago Booth—Douglas...

A New Stigler Center Case Study Explores the Link Between Italy’s Morandi Bridge Disaster and Crony Capitalism

Two years ago, the Morandi bridge collapse claimed 43 lives. Based on financial statements, Italian government documents, and interviews with independent experts...

Few Bad Apples? New Study Finds That 40 Percent of Officers in a Large Police Force Are Discriminatory

A new paper seeks to examine whether police misbehavior is concentrated or diffuse by identifying whether highway patrol officers in Florida are...

Bethany McLean’s Weekend Reading List: Wirecard, Shale Oil, and the Fall of Chuck E. Cheese

Corruption, lobbying, corporate malfeasance, and frauds: a weekly unconventional selection of must-read articles by investigative journalist Bethany McLean. 

Should Small Businesses Consider Bankruptcy? A New Capitalisn’t Reading List

The coronavirus has taken a heavy toll on most businesses, but it has been especially hard on small businesses. Should those businesses...

The Pandemic Has Revealed America’s Impatience. But America Will Need Patience in the 2020 Election

The proliferation of mail-in voting is likely to make knowing who won the election take much longer than Americans are used to....

Regulators Turn Their Attention Towards Apple’s Exploitation of App Developers. Now What?

Congress could level the playing field for independent app developers by looking to regulatory templates in music.