CEOs
The Flaws and Limits of ESG-Based Compensation
Companies increasingly use ESG metrics in their compensation packages for CEOs. A new empirical study suggests that this practice has questionable promise and produces...
The Digital Society: “We Live in a World Obsessed With Cost Cutting”
In an interview about his new book, The Inglorious Years, economist Daniel Cohen explores the emergence of the digital society and its never-ending pursuit...
Holding Corporations and Executives Accountable Depends on Our Legal System
How can the law prevent and deter corporate wrongdoing? The answer might lie in identifying what factors are associated with greater wrongdoing and how...
My American Board: On Ken Dayton and Good Governance
In the second chapter of his book On Board, John Tusa describes his experience on the board of American Public Radio, which he joined...
How Corporate Purpose Affects Firms
A company’s purpose is a core aspect of the organization: it influences the financial performance of company, and relates to its ownership characteristics, compensation...
Is There Really a Conflict Between Better Corporate Governance and More Competitive Product Markets?
A new study shows that the supposed tradeoff between better corporate governance and more competitive product markets may not exist. More commonly-owned firms have...
Are Large Institutional Investors Actually Effective in Getting Companies to Reduce Their CO2 Emissions?
Large institutional investors have been accused of not doing
enough to reduce CO2 emissions. However, a new study finds that firms like
BlackRock, Vanguard, and State...
President-Elect Joe Biden and the Real Lessons of DuPont
Simply talking corporate America into being more responsible is not enough. It may get corporations to talk the talk, but not to walk the...
The Social Voice of CEOs
A new working paper examines the phenomenon of CEO activism and finds that while statements by activist CEOs are more likely to have a...
Why CEOs and Regulators Clash With the Duopoly of Proxy Advisory Firms
Institutional investors that own between 70 and 80 percent of the market value of US public companies often rely on investment advisers voting on behalf of...
