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RESEARCH

Corporate Governance

Do Companies Invest In Corporate Social Responsibility At the Expense of Their Employees?

Guglielmo Briscese
The past decade has seen companies increasing investments in initiatives of corporate social responsibility (CSR), such as donating a share of profits...
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Corporate Governance

Millennials and Gen Z Are Willing to Accept Lower Wages to Work in More Sustainable Firms

Daniel Metzger, Philipp Krüger, Jiaxin Wu
Firms in more environmentally friendly sectors are better able to attract and retain talent and at lower wages. Millennials and Gen Z,...
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Corporate Governance

How Corporate Purpose Affects Firms

Claudine Gartenberg
A company’s purpose is a core aspect of the organization: it influences the financial performance of company, and relates to its ownership...
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News

What Happens When Multinationals Appear in Reporting on Activist Assassinations? High-Profile Media Has Bite

David Kreitmeir, Nathaniel Lane, Paul Raschky
A new report finds that being linked to human rights abuses—merely appearing in reporting around high-profile events—can significantly influence a company’s stock...
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Coronavirus

Lack of Trust in Doctors Undermines Covid-19 Vaccination Strategy

Fabio da Silva Soares
Recent data from the Financial Trust Index (FTI) reveals that Americans are not as willing to be vaccinated as the government expects....
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Coronavirus

Why Is All Covid-19 News Bad News?

Bruce Sacerdote, Ranjan Sehgal, Molly Cook
A new paper finds that media coverage of the Covid-19 pandemic, including vaccine development, tends to be more negative in the US...
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Antitrust and Competition

What Is the Price of a Prescription Drug?

Robin Feldman
Due to lack of transparency and mystery rebates, which are considered trade secrets, figuring out the price of a prescription drug is...
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Capitalisn't

The Effects of Student Debt Forgiveness

Marco Di Maggio
While student loan forgiveness is undoubtedly expensive, research suggests that individuals whose debt is forgiven get better jobs, experience higher mobility, and...
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Antitrust and Competition

Giving Away Our Data for Free is a Market Failure

Nicholas Economides, Ioannis Lianos
By convincing users to give away their data for free, digital platforms have caused a market failure. This failure benefits them and...
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Inequality

The End of the Capitalist-Worker Dichotomy and the Rise of a New Elite?

Yonatan Berman, Branko Milanovic
Economists typically assume that capitalists and workers are different people. A new study, however, finds that the intersection between the top decile...
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Latest news

Corporate Governance

Do Companies Invest In Corporate Social Responsibility At the Expense of Their Employees?

Guglielmo Briscese
The past decade has seen companies increasing investments in initiatives of corporate social responsibility (CSR), such as donating a share of profits...
Read more
Corporate Governance

Millennials and Gen Z Are Willing to Accept Lower Wages to Work in More Sustainable Firms

Daniel Metzger, Philipp Krüger, Jiaxin Wu
Firms in more environmentally friendly sectors are better able to attract and retain talent and at lower wages. Millennials and Gen Z,...
Read more
News

Fahmi Quadir: “Short Sellers are Always an Easy Boogeyman”

Jana Kasperkevic
In an interview with ProMarket, short-seller Fahmi Quadir, who has shorted companies like Wirecard and Valeant, discussed the public perception of short-sellers...
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Antitrust and Competition

How the FTC Protected the Market Power of Pharmacy Benefit Managers

Stacy Mitchell, Zach Freed
Pharmacy Benefit Managers (PBMs) were established in the 1960s to control drug costs but have since morphed into one of the most...
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Money in Politics

Recovering from Kleptocracy: A 10-Step Program

Larry Diamond
In his book Ill Winds: Saving Democracy from Russian Rage, Chinese Ambition, and American Complacency, Larry Diamond highlights 10 steps to close existing loopholes...
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Corporate Governance

How Corporate Purpose Affects Firms

Claudine Gartenberg
A company’s purpose is a core aspect of the organization: it influences the financial performance of company, and relates to its ownership...
Read more
Antitrust and Competition

Market Power and Money in Politics

ProMarket writers
A Stigler Center webinar explores how businesses lobby and compete for political power and whether mergers and industry concentration affect lobbying. 
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ProMarket is dedicated to discussing how competition tends to be subverted by special interests. The posts represent the opinions of their writers, not necessarily those of the University of Chicago, the Booth School of Business, or its faculty. For more information, please visit ProMarket Policy.

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