Most people in power choose nominees without any outside option, because such people are willing to do anything to be reappointed. Raghuram Rajan is not one of those.
Read more
ProMarket Interview: Alan Blinder on Over-Regulating Financial Markets
In order to get optimal regulation in the financial world, says Alan Blinder, the former Vice Chair of the Federal Reserve, one should seek to over-regulate.
Read more
Raghuram Rajan Unexpectedly Leaves RBI
In an unexpected move that will likely reverberate throughout India’s political system and financial sector, Rajan announced he will not seek a second term as governor.
Read more
“If Uber Was a Government Program, There Would be Parades Thrown”: David Plouffe on Uber, Regulation, and Disruption
Uber’s chief advisor in a conversation with Chicago Booth professor Guy Rolnik: “We’re called a disruptive company—I think it’s more accurate to call us an additive company.”
Read more
RBI Governor Rajan’s Fight Against Crony Capitalism
The Governor of India’s Central Bank, Raghuram Rajan, is attacked for fighting the inefficiency of the banking system.
Read more
A Moment To Reform Accounting Rulemaking?
The European Parliament is due to formally adopt a cross-party report that is strongly critical of accounting standard-setting institutions, in particular the International Accounting Standards Board (IASB). This is an opportunity to reexamine the accounting rulemaking establishment in the United States as well.
Read more
Are Business Schools Responsible For Strengthening Ethical Norms Among Students and Alumni?
A panel at Fordham University discusses the social signals business schools communicate to students.
Read more
Why Most Boards Fail
A Stigler Center panel debate examines the impact of activist shareholders and the role of dissenting board members.
Read more
ProMarket Graph: Is There a Correlation Between Perception Measures and Reported Levels of Corruption?
New graph compares corruption perception indexes with reported cases of corruption.
Read more
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 corporate boards.
Read more
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 lobbying and the extent to which it takes place.
Read more
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.
Read more