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ESG, Corporate Governance & Future of the Firm

The system of formal and informal rules by which a company is governed. Corporate governance shapes more than just a given’s company value – it dictates who controls the capital in the economy and so how this capital is being put the use. Corporate governance therefore affects and is affected by the degree of cronyism and rent-seeking in society.

ESG, Corporate Governance & Future of the Firm

“The United States Has Lost the Will and Ability to Prosecute Top Corporate Executives”

Asher Schechter
Pulitzer-Prize winning journalist Jesse Eisinger speaks about executive impunity and the key to justice in America.   In January, Sen. Elizabeth Warren released a scathing indictment...
ESG, Corporate Governance & Future of the Firm

Can a CEO in Good Conscience Not Be a Crony Capitalist?

Luigi Zingales
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...
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The publication of the Stigler Center at The University of Chicago Booth School of Business

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.