Imagine you're the Minister for Education, deciding how large to make a school district. Larger school districts offer parents more school choice. You
How Proxy Advisors Influence Voting Outcomes
Proxy advisors are playing an increasingly influential role in corporate governance, by providing investors with guidance on how to vote in director
The UK’s Brexit Options
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CEOs Cut Investment To Sell Their Own Shares At High Prices
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"Myopia [short-termism] is a first-order problem faced by the modern firm. In the last century, firms were predominantly capital-intensive, but
Conflicts of Interest Among Proxy Advisors
The Importance of Proxy Advisors Proxy advisors play a critical role in corporate governance. One important way in which shareholders exert
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"Unless we look more creatively about how we engage everyone in physical activity, we may win medals but we will be bottom of the league table on
Why has CEO pay risen so much faster than worker pay?
Arguably the most convincing "smoking gun" evidence that CEO pay is excessive is how it's risen much faster than median worker pay. In the U.S., CEO