firm

The Most Famous Article on the Theory of the Firm is Widely Misunderstood

Michael Jensen and William Meckling’s famous 1976 Journal of Financial Economics article has been cited nearly 100,000 times and is often regarded...

How Were the PPP’s $660 Billion for Small and Medium Firms Allocated?

A new study suggests that the Payroll Protection Program's funds were primarily allocated based on 2019’s estimated payroll, which is how the...

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The Social Responsibility of Business Includes Profits

Profits these days are often seen as a dirty word, but it is wrong to demonize profits. A company’s responsibility is not...

Academic Gatekeepers, Real and Imagined, Are Threatening the Credibility of the Field of Political Finance 


One objective of political finance is to hold power to account. However, gatekeeping, both direct and indirect, is keeping important work from...

A Call for Comments: Have You Been Affected by Academic Gatekeeping?

On Friday, ProMarket published a piece by Renée Adams about the impact of academic gatekeeping in the political finance. Do you have...

How Big Data Fuels Big Tech’s Anticompetitive Conduct and Gatekeeping Power

Achieving a truly open internet is only possible through robust online competition free from the control of today’s digital gatekeepers like Facebook...

The Corporate Power Narrative: How Corporations Benefit from Economic Globalization

In an excerpt from their new book, Six Faces of Globalization: Who Wins, Who Loses, and Why It Matters, Anthea Roberts and...