The Governor of India’s Central Bank, Raghuram Rajan, is attacked for fighting the inefficiency of the banking system.
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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.
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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.
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Why Most Boards Fail
A Stigler Center panel debate examines the impact of activist shareholders and the role of dissenting board members.
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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.
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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.
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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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