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Kobi Kastiel

Kobi Kastiel is an Assistant Professor at Tel Aviv University, Faculty of Law. He also serves as a Senior Fellow at the Harvard Law School Program on Corporate Governance. Kastiel teaches and researches in the fields of corporate law and corporate governance, with a particular focus on public companies with controlling shareholders, and shareholder activism.
Corporate Governance

How Enlightened is Enlightened Shareholder Value?

There has been growing support for replacing the traditional corporate purpose with so-called “enlightened shareholder value,” which would guide firms to consider...
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Corporate Governance

Are “Bankruptcy Directors” Bad for Creditors?

A new paper studies the rise of so-called “bankruptcy directors,” typically former bankruptcy lawyers, investment bankers, or distressed debt traders who join...
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Coronavirus

How the Covid-19 Pandemic Put Corporate Stakeholder Promises to the Test

Prior to the outbreak of Covid-19, corporate leaders pledged to look after all stakeholders, not just deliver value to shareholders. Did they...
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Friedman 50 Years Later

For Whom Corporate Leaders Bargained: What the Past Can Teach Us About the Questionable Promise of Implementing Stakeholder Capitalism Today

The debate about stakeholder capitalism should seek to learn from our experience with constituency statutes, which authorized corporate leaders to take into...
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Latest news

Uncategorized

Democratize Work

Isabelle Ferreras, Julie Battilana, Dominique Méda
An excerpt from a new book, Democratize Work: The Case for Reorganizing the Economy, advocates democratizing firms and decommodifying work.
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Antitrust and Competition

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

Tommaso Valletti, Luigi Zingales, José Azar, Thomas Philippon, Jan Eeckhout, Basile Grassi, Cristina Caffarra
At a recent Centre for Economic Policy Research (CEPR) event, panelists, including the Stigler Center's own Luigi Zingales, reflected on the roles...
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Antitrust and Competition

Data is Abundant But is it Accessible to Researchers?

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

Private Labels in Online Marketplaces

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

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

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

2023 Antitrust and Competition Conference: Call for Papers

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

ProMarket Seeks New Deputy Managing Editor

ProMarket writers
We're hiring! Many ProMarket readers will now know that Asher Schechter, former deputy editor at...
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ProMarket is dedicated to discussing how competition tends to be subverted by special interests. The posts represent the opinions of their writers, not necessarily those of the University of Chicago, the Booth School of Business, or its faculty. For more information, please visit ProMarket Policy.

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