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RESEARCH

Corporate Governance

Public’s Perception of Large Corporations Has Direct Impact on the Public Support of Corporate Bailouts

Emanuele Colonnelli, Niels J. Gormsen
A new Stigler Center working paper finds that the likelihood of someone signing an online petition or contacting their US senators to...
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News

“Drive and Wave”: In Response to 1998 Police Reform, LAPD Officers Disengaged from Policing

Jana Kasperkevic
A new paper documents how LAPD officers responded to two police reforms—one in 1998 and one in late 2002. It finds that...
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Coronavirus

One Year Into the Pandemic: Who Maintains Social Distancing and Who Doesn’t

Tim Besley, Sacha Dray
A new study measures factors associated with the adoption of social distancing across America and finds that widespread adoption of social distancing...
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Corporate Governance

Do Employees Benefit From Worker Representation on Corporate Boards?

Magne Mogstad, Ola L. Vestad, Peter Nilsson, Christine Blandhol
Mandated legislation of worker representation is unlikely to be the magic bullet some policy-makers have pictured. A new paper finds workers may...
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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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Latest news

Antitrust and Competition

A New Browser Extension Aims to Bring Transparency to Big Tech Funding

Jana Kasperkevic
As Congress prepares to debate a series of new antitrust bills​, the​ Big Tech Funding browser extension encourages lawmakers to be mindful...
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Antitrust and Competition

What Are They Hiding? What Firms Don’t Want Us to Know About Their Economic Development Incentives

Nathan Jensen, Calvin Thrall
State and local governments offer firms all kinds of incentives in hopes of spurring local economic development. New research finds that a...
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Corporate Governance

Two Years After the Business Roundtable Statement: Pointing in the Right Direction

Margaret Blair
The 2019 Business Roundtable statement was a welcome break from the position that the nation’s top corporate CEOs took in 1997, when...
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Economic History Series

The Complicated Legacy of the “Chicago Boys” in Chile

Daniel Matamala
How did a group of Chicago-trained economists manage to turn Chile into the cradle of neoliberalism? As the country aims to move...
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Corporate Governance

“Comments for Sale”: Charitable Donations Can Lead Non-profits to Support Corporate Regulatory Agendas

Marianne Bertrand, Matilde Bombardini, Ray Fisman, Brad Hackinen, Francesco Trebbi
A new paper shows how financial ties between companies and non-profits can subvert rulemaking process and lead to regulations that favor the...
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Antitrust and Competition

The DOJ’s “New Madison” Doctrine Disregards Both the Economics and the Law of Innovation

Herbert Hovenkamp
DOJ’s “New Madison” approach to antitrust and intellectual property law dictates that antitrust should stay out of disputes over patents, even when...
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Corporate Governance

Two Years Later, Has the Business Roundtable Statement Transformed Capitalism?

Alex Edmans
Two years after the Business Roundtable redefined its statement of Purpose of a Corporation to include “a fundamental commitment to all of...
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