RESEARCH

Fracking Can Lead to Elevated Salt Levels in Surface Water, Study Finds

A new study finds that fracking can lead to increased salt levels in water surfaces, especially during the early stages of production...

How Interest Groups Utilize Reverse Revolving Doors to Influence Legislative Voting

A new study finds that legislators who worked for interest groups before taking office influence the voting behavior of their colleagues when...

What Are They Hiding? What Firms Don’t Want Us to Know About Their Economic Development Incentives

State and local governments offer firms all kinds of incentives in hopes of spurring local economic development. New research finds that a...

“Comments for Sale”: Charitable Donations Can Lead Non-profits to Support Corporate Regulatory Agendas

A new paper shows how financial ties between companies and non-profits can subvert rulemaking process and lead to regulations that favor the...

The Rise of Business Politicians

Over the last two decades, the share of senior corporate executives holding national political office has increased in the United States as...

The Costs of Political Misalignment: Forest Fires and Bank Loans in Turkey

Recent wildfires in Turkey have not only destroyed more than 95,000 hectares of its coastal forestland but also divided the country further...

How Unusual is the Recent Boom in Profits and Values of US Listed Corporations?

In the past decades, the US stock market and business profits have been growing much faster than the rest of the economy....

The Digital Divide During Epidemics: Who Benefits From New Financial Technologies?

A new paper finds that exposure to an epidemic in the current year significantly increases the likelihood that an individual completes financial...

Reaching for Influence: Do Banks Use Loans to Establish Political Connections?

A new study examines whether privately-owned banks seek political influence by offering preferred loan terms to corporate borrowers with valuable political connections,...

A New Antitrust Under Biden? Lessons From the Presidency of Theodore Roosevelt

The early history of the Sherman Antitrust Act offers relevant insights to contemporary debates on how to best enforce antitrust laws. In...

Latest news

The NCAA Goes After College Athletes’ NIL Money—Here are the Antitrust Implications for Workers and Consumers

Having lost in the Supreme Court on student-athlete academic benefits, the NCAA has signaled a continuing attempt to suppress competition in the...

Have Business Roundtable Companies Lived Up to Their Stakeholder Commitments?  

In 2019, more than 100 CEOs of US public companies signed a Business Roundtable statement in which they pledged to deliver value...

Do Protests Matter At All for Shifting Government Policy Around Economic Redistribution?

New research on the effectiveness of protests on government distributions provides insights into the political incentives of a country’s leadership and the...

Mergers and Smoking Guns

A recently uncovered memo from George Stigler and Richard Posner reveals how they thought about antitrust and merger policy in advising the...

Will “Portfolio Primacy” Throw a Monkey Wrench in Elon Musk’s Plans to Acquire Twitter?

The SEC's definition of fiduciary duty allows institutional shareholders to vote against Elon Musk's Twitter takeover bid thanks to portfolio primacy.

How Europe Can Enforce the Digital Markets Act Effectively 

As the European Commission gets ready to embark on the complicated task of implementing the recently agreed-upon Digital Market Act, which would...

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...