Corporate Culture

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...

Let Data Guide Legislation: Stifling Shareholders in the CHOICE Act?

In improving the current shareholder proposal process, legislators should trade the butcher knife for the scalpel.   What influence, if any, should shareholders have over...

Where Friedman Was Wrong

A new paper by Oliver Hart and Luigi Zingales argues that a company’s objective should be the maximization of shareholders’ welfare, not value.  In 1970,...

What Differentiates White-Collar Criminals From Other Executives? A Q&A With Eugene Soltes

Video: Harvard Business School professor Eugene Soltes discusses his new book and explains why he considers white-collar crime to be a failure of intuition, not reasoning. What drives...

LATEST NEWS