Luca Enriques

Luca Enriques is a Professor of Corporate Law at the University of Oxford Faculty of Law. He is a European Corporate Governance Institute (ECGI) Research Fellow, a member of ECGI's board, a Fellow Academic Member of the European Banking Institute, and one of the founding academic editors of the Oxford Business Law Blog.

Missing in Today’s Shareholder Value Maximization Credo: The Shareholders

Today’s corporate world is very different from the one Milton Friedman wrote in. In a world where the question of whether managers...

How Governments Can Harness Private Donations in the Fight Against Covid-19

Private donations alone cannot do much to tackle the Covid-19 health care emergency, but a more efficient allocation of this form of funding could...

The Business Roundtable CEOs’ Statement: Same Old, Same Old

Despite the media hype about corporate CEOs having abandoned their shareholder value maximization credo, the recent statement from the Business Roundtable contains nothing new...

The 'Argumentum a Crise': So Powerful, So Prone to Misuse

Since the financial crisis and the related euro debt crisis, the use of the argumentum a crise has been ubiquitous. A more selective use...

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Voters Still Believe Politics is About the Common Good, Not Just Rent-Seeking

Do voters still believe that politics can be a source for common-good policies and not just partisan bickering and rent-seeking? With political...

How to Design Data Protection Laws That Actually Work 

More and more countries are passing data protection laws, yet empirical studies show that these laws rarely deliver on their promises. A...

Are Monopolists or Cartels the True Source of Anticompetitive US Political Power?

Trade associations are often the biggest obstacles to competitive markets, especially when those organizations use their influence to change public policy in...

The Uber Files Reveal The Risk of Private Interests Controlling Our Data

Researchers discovered that the introduction of Uber had negative impacts on transportation, findings that required cooperation with public authorities when Uber refused...

Google’s Anticompetitive Conduct and the Remedies to Prevent It

The Stigler Center, of which ProMarket is a part, recently hosted a panel discussion looking at the antitrust case against Google and...

“Uber Has Higher Prices and Worse Service Than the Taxi Industry Had Ten Years Ago”

Following the Uber Files leaks, transportation expert Hubert Horan explains why Uber is “hopelessly uneconomic” and how its engagement with policymakers and...

The FTC Should Quickly Issue New Section 5 Enforcement Guidelines

Unfair methods of competition are prohibited by Section 5 of the Federal Trade Commission (FTC) Act. The FTC has withdrawn the existing...