John G. Matsusaka

John G. Matsusaka is the Charles F. Sexton Chair in American Enterprise in the Marshall School of Business, Gould School of Law, and Department of Political Science and International Relations at the University of Southern California. His research focuses on political economy and corporate government, in particular on direct democracy and representation. He teaches classes on corporate finance, corporate governance, political economy, and microeconomics. His research has been published in leading journals in economics, finance, political science, and law, and he is the author of two books, most recently, Let the People Rule: How Direct Democracy Can Meet the Challenge of Population (2020).

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...

A Challenge for Stakeholder Capitalism: Solving the Paradoxes of Voting

If corporations are to maximize shareholder welfare, managers need to discover what shareholders value; political theory shows how difficult this can be.

How to Get Police Reform Done? Use Direct Democracy

Instead of just imploring their representatives to fix things, Americans can use the tools of direct democracy to take charge and promote...

Turning Corporations into Democracies

The problem with encouraging firms to maximize shareholder welfare is how to prevent managers and special interests from diverting corporate resources in the name of shareholder...

Does Empowering Shareholders Also Empower Special Interests?

The merits of increasing shareholder power are less obvious than reforms that increase companies' exposure to pressure from activist shareholders, since increasing shareholder power tends to...

Enhancing Competition? The Role of Governance in Increasing Exposure to Competition

Contemporary corporate governance reform has been a mixed bag: reforms that increase a company’s exposure to competition through the control market have been helpful,...

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Democratize Work

An excerpt from a new book, Democratize Work: The Case for Reorganizing the Economy, advocates democratizing firms and decommodifying work.

Antitrust Enforcement, Inflation and Corporate Greed: What do we know?

At a recent Centre for Economic Policy Research (CEPR) event, panelists, including the Stigler Center's own Luigi Zingales, reflected on the roles...

Data is Abundant But is it Accessible to Researchers?

Despite the wide availability of data, ensuring independent access to data sources has never been more crucial. How can researchers engage in...

Private Labels in Online Marketplaces

On their store shelves, Walmart has its own products under the "Great Value” brand, and Tesco has its own “Everyday Value” products....

Bolsonaro’s reelection may become a setback for ESG in Brazil

Social pressures, market forces and elected leaders influence corporate decisions on environmental, social and governance (ESG) issues. Journalist Stephanie Tondo examines the...

2023 Antitrust and Competition Conference: Call for Papers

The Stigler Center is inviting submissions of short academic articles (up to 3000 words) focused on the development of a legal/economic...

ProMarket Seeks New Deputy Managing Editor

We're hiring! Many ProMarket readers will now know that Asher Schechter, former deputy editor at...