Many companies have recently been following the so-called corporate purpose concept that is recommended by leading management scholars. To this end,...
One of the oldest corporate law issues – for whom is the corporation managed? – has become one of the hottest public policy issues of corporate law. The...
We examine the role of corporate taxation and institutional quality in aligning privately optimal investments with those that are socially optimal. We...
Corporate governance may be on the verge of entering a new stage. After the managerialism that dominated the view of the corporation into the 1970s and the...
We propose a theory of strategic Corporate Social Responsibility (CSR). Value maximizing shareholders play an industry CSR game where they can opt for...
Corporate purpose is currently hotly debated amidst much speculation that American public companies are forsaking shareholder centrality in favor of...