Regulation
The SEC Proposal on Proxy Advisory Firms Will Provide Greater Transparency and Accountability
Proxy advisory firms lack transparency and their recommendations are not always in shareholders' interests. However, despite their poor performance, the two biggest firms' market...
Why CEOs and Regulators Clash With the Duopoly of Proxy Advisory Firms
Institutional investors that own between 70 and 80 percent of the market value of US public companies often rely on investment advisers voting on behalf of...
Fake Letters Poisoned the Debate on SEC's New Rules on Shareholder Votes and Proxy Advisory Firms
SEC Chairman Jay Clayton claimed that the draft regulation on shareholders' votes and proxy advisory firms received approval by hundreds of "Main Street" Americans....
The New SEC Proxy Rules Will Redefine American Capitalism: Let’s Debate Them
A new SEC proposal regarding proxy advisors will make it harder for shareholders to vote against CEOs' preferences. However, there is a 60-day period...
The SEC's Proposal on Proxy Advisor Regulation Shields CEOs From Accountability to Investors
SEC Commissioner Robert Jackson dissented from his SEC colleagues' proposal on how to reform proxy advisors regulation. New rules, he argues, would introduce a...
A Complicated Villain: Is Elizabeth Warren Right About Private Equity?
In a new episode of their podcast Capitalisn't, Kate Waldock and Luigi Zingales discuss one of the most hated industries of America: private equity. Democratic...
Why a New Digital Authority Is Necessary
A recent Washington Post op-ed claimed that creating a digital authority to regulate Big Tech would be a disaster because of high costs and the...
A Tale of Hubris and Excess: How Uber Fooled Portland Regulators
In an excerpt from his new book "Super Pumped: The Battle for Uber," New York Times reporter Mike Isaac reveals the details of Uber's...
How “Paperwork Sludge” Keeps Americans From Enjoying Fundamental Rights
Every year, Americans spend 9.78 billion hours filling out federal paperwork. These administrative burdens can make it difficult or impossible for people to vote...
How the “Watergate Babies” Released the Beast of Monopoly Upon America
Why did Washington respond to the 2008 financial crisis by pushing even more wealth and power into the hands of the same people that...
