On May 29, Exxon Mobil held its 2024 corporate election. Before the election, the company sued two investors over their proposal to include a commitment in its proxy statement to accelerate the company’s reduction of greenhouse gas emissions. Sarah Haan argues that the election and the lawsuit shed more light on current upheavals in corporate democracy than they do on the success of the ESG movement.
In new research, Marc Jacob, Barton E. Lee and Gabriele Gratton argue that legislative gridlock is not only a consequence of Congress’ polarization but also a cause of it. In sum, both polarization and gridlock fuel one another generating a vicious spiral toward political mire.
James Wood explores the sources of populism in the United Kingdom, its recent developments, and what this means for the country’s 2024 general election.
Pablo Balán explains that family ties provide firms with an edge in collective action that enables them to be politically active through campaign donations, to engage in financial rent-seeking by obtaining subsidized state credit, and to bypass regulation seeking to curtail the influence of business by substituting individual contributions for corporate contributions. Scholars and advocates can benefit from a deeper understanding of organizational constraints to programmatic reform.
The Stigler Center for the Study of the Economy and the State hosted its annual antitrust and competition conference in late April. The following is a transcript of the Tim Wu's keynote in conversation with Binyamin Appelbaum of The New York Times.
The Stigler Center for the Study of the Economy and the State hosted with the Rustandy Center for Social Sector Innovation, in partnership with the Financial Times, a virtual event discussing shareholder democracy with Lisa Fairfax, Alex Thaler and Luigi Zingales. The following is a transcript of the event.
A political movement in the U.S. is encouraging municipalities and states to adopt ranked choice voting as a supposedly more representative voting method. In...
Democratic elections suffer from several shortcomings, including low voter turnout and the effects of inaccurate polling. Sergiu Hart suggests adopting a simple repeat voting...
Most work on populism has investigated the reasons why voters choose populist leaders and governments. In new research, Moritz Schularick, Christoph Trebesch, and Manuel...
Social pressures, market forces and elected leaders influence corporate decisions on environmental, social and governance (ESG) issues. Journalist Stephanie Tondo examines the state of...