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.
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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.
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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.
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Stigler Center Talk: Corporate Governance in an Era of Shareholder Activism
The Stigler Center will host a panel on the prevalence of shareholder activism and how to improve corporate oversight on May 3rd.
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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.
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Is There a Crisis in the Economic Theory of the Firm? Participants at Harvard Business School Conference Agree: Firms Try to Change the Rules of the Game
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 maximize shareholder value maximize social value as well still relevant in a post-Citizens United world?
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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.
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“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.
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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 good CEO ought to be a crony capitalist: “Given the deep and often perverse immersion of our governments in business, how can a CEO in good conscience not be a Crony Capitalist.”
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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 water on March 31st.
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