Corporate Governance
The Surprising Failure Of Food Labeling
If lawmakers want to improve the dietary choices of Americans, the first thing they need to recognize is that the problem is not information.
(Note:...
Who Killed Corporate Reputation?
Regulation and reputation are not independent of each other. Regulation can substitute, crowd out, or even implement the power of reputational concerns. A better understanding...
Raghuram Rajan Unexpectedly Leaves RBI
In an unexpected move that will likely reverberate throughout India’s political system and financial sector, Rajan announced he will not seek a second term...
“If Uber Was a Government Program, There Would be Parades Thrown”: David Plouffe on Uber, Regulation, and Disruption
Uber’s chief advisor in a conversation with Chicago Booth professor Guy Rolnik: “We’re called a disruptive company—I think it’s more accurate to call us...
RBI Governor Rajan’s Fight Against Crony Capitalism
The Governor of India’s Central Bank, Raghuram Rajan, is attacked for fighting the inefficiency of the banking system.
In any country in the world, a...
A Moment To Reform Accounting Rulemaking?
The European Parliament is due to formally adopt a cross-party report that is strongly critical of accounting standard-setting institutions, in particular the International Accounting...
Alan Rusbridger is Gone from The Guardian, But Is There Still a Business Model for Independent Journalism?
Many people like to think of media as another market where competition drives innovation, quality, and integrity. But this is not always the case.
The following...
Are Newspapers Captured by Banks? Evidence From Italy
The inaugural piece of a new ProMarket mini-paper series.
Preamble
In the intellectual debate there is a gap between academic papers and policy opinions, even those...
Who are the 30 Worst Brokers in America When Measured By Misconduct?
The ProMarket blog seeks to provide indexes that make markets work better. The data on brokers’ misconduct supplied by FINRA is very detailed, but...
Why Most Boards Fail
A Stigler Center panel debate examines the impact of activist shareholders and the role of dissenting board members.
Corporate governance has seen some substantial reforms...
