Corporate Governance
Does Finance Make Us Less Religious?
Do religious congregations provide informal insurance against the risk of income loss for their congregants? A new paper examines the impact of an expansion...
How the Market Can Help Break the Glass Ceiling for Women in Management
A new CEPR working paper investigates how product market competition and gender-specific management career hurdles affect the gender wage gap for managers. The findings...
Editors’ Briefing: This Week in Political Economy (August 11–18)
Elizabeth Warren’s new bill seeks to radically alter US corporate governance; America’s top CEOs earned 312 times more than their average workers last year; regulators...
Is Lionizing CEOs Dangerous for Society?
In an interview with ProMarket, Open University's Peter Bloom talks about his provocative new book CEO Society and why he believes celebrating corporate CEOs...
The Foundation of Corporate Personhood: A Look at the Charles River Bridge Case of 1837
Some 130 years before Friedman could begin arguing that a corporation’s sole responsibility was to make a profit for its shareholders, Boston’s Charles River...
Depositors Disciplining Banks: The Impact of Scandals
Can depositor activism make a real difference? New research set to be presented at the upcoming Stigler Center Political Economy of Finance conference examines the Dakota...
Do Firms Use Capital and Labor Efficiently? Evidence and Implications of Resource Misallocation
Economists have for a decade or so theorized that moving productive inputs like labor and capital into the firms that make the best use...
Investing in Quality Early Childcare Is Good for Vulnerable Kids—and Good Economics, Too

Early childcare can be a major contributor to eliminating inequality of opportunity and even lay the foundations for a more productive workforce in the...
Do We Need to Mandate Firms’ Reporting And Auditing?
Back in the 1960s, George Stigler called into question whether states should require firms to publicly report their financials. A recent Stigler Center working...
Are Innovators Born or Made?
The question of whether people are born with innovative talent or can develop it has knock-on effects to issues ranging from productivity growth in...
