News

Wirecard Scandal: When All Lines of Defense Against Corporate Fraud Fail

Scandals such as Wirecard can destroy investor trust in capital markets working fairly and with integrity. A new policy brief commissioned by...

We Need More Research on Corporate Corruption

The last decade has seen a continuous drumbeat of revelations of corporate corruption and the current economic crisis is sure to reveal...

It is Not Just Small Investors Who Will Be Silenced Thanks to SEC’s New Rules

Shareholder proposals are one of the most effective forms of shareholder voice in corporate America. It is one of the main channels...

Don’t Blame Trump for the “Turbulent Twenties”. Blame Inequality.

Years ago, two academics predicted that an increase in economic inequality would lead to a period of political instability in 2020. Since...

The Trump FCC Can’t and Shouldn’t Be the Internet Speech Police

The debate over whether Section 230 needs to be updated is an important one. But the proper venue for that debate is...

Covid-19 Is Reducing Americans’ Confidence Across Institutions

Latest US household survey findings reveal that the Covid-19 crisis caused a sharp reduction in Americans’ confidence in institutions—whether or not they...

Bethany McLean’s Weekend Reading List: The Fed, the Google Antitrust Case, and Covid Bankruptcies

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

Digital Platforms Should Contribute to the Enforcement of Sector-Specific Regulations

Tech companies often rely on the European Union’s outdated e-Commerce Directive to oppose and undermine new laws and regulations. The EU should...

How Does the House Antitrust Report on Digital Markets Compare to Others Around the World?

While the House Majority Report on digital platforms, published earlier this month, differs from other analyses both in terms of its structure...

Tech Isn’t the Only Sector Deserving of Antitrust Investigation

The House Judiciary Committee’s antitrust report was a missed opportunity. The 450-page report focused solely on digital markets. But what about antitrust...

Latest news

Reversing the “Resource Curse” with Foreign Corruption Regulation

Anti-corruption regulation originating in developed countries is effective in changing corporate behavior and has a positive economic impact on developing countries.

The Death of Hong Kong’s Rule of Law

Hong Kong's rule of law has suffered a fatal blow. With the national security law, the authoritarian regime has all that it...

President-Elect Joe Biden and the Real Lessons of DuPont

Simply talking corporate America into being more responsible is not enough. It may get corporations to talk the talk, but not to...

How Companies Spin Off Environmental Liabilities to Avoid Legal Obligations

Environmental externalities are vexing for corporate decision makers, but some companies have figured out a way to deal with them: a spinoff....

How Pfizer’s Vaccine Announcement Demonstrates the Political Power of Firms

By timing the disclosure of the results of its vaccine trial, Pfizer could have influenced the 2020 presidential election. This is worrisome...

The Useful Distraction of Section 230

How the red-herring of a politicized Section 230 and “conservative censorship” distracts from a bipartisan national privacy act.

Institution Man: How Corporations Came to Dominate the US Economy

In the first chapter of his book Transaction Man, Nicholas Lemann explores how Adolf Berle, author of The Modern Corporation and Private...