Professor David F. Larcker, director of the Corporate Governance Research Program and Rock Center for Corporate Governance
![[photo - Prof. David F. Larcker]](../../photos/faculty-Dave-Larker-023.JPG)
Highlighted Research and Events
- New Stanford research paper on corporate governance regulations finds that they decrease shareholder value
The Regulation of Corporate Governance (paper)
Working paper dated: January 18, 2010,
Authors: Prof. David F. Larcker and researchers Gaizka Ormazabal and Dan Taylor
Related: Altman Group cites Stanford paper
As We See It - Commentary from The Altman Group
"The most significant response to the SEC’s request came in the form of a new study from Prof. David F. Larcker (Stanford University, Rock Center on Corporate Governance), who submitted the results of an analysis examining general stock market reactions to “proxy access events” triggered by headlines regarding regulatory and legislative developments..."
- Fact Finding in White Collar Criminal Prosecutions: When Prosecutors Go Too Far (Register)
Panel discussion with Richard Marmaro, head of Skadden’s West Coast white collar defense practice, and Professors Joe Grundfest and Robert Weisberg.
Date: Wednesday, February 10, 2010
Location: Stanford Law School
5:30pm - Reception, Faculty Lounge
6:00 - 8:00pm - Presentation, Room 180 - Morrison & Foerster Lecture (Register)
Topic: The Beyond Agency Theory: The Hidden and Heretofore Inaccessible Power of Integrity
Date: February 11, 2010
Time: 6:00 pm - 8:00 pm
Location: Paul Brest Hall, Munger Graduate Residence
Speaker: Professor Michael C. Jensen, Jesse Isidor Straus Professor of Business Admin., Emeritus, Harvard Business School. - “Restoring Trust in Corporate Governance: The Six Essential Tasks of Boards of Directors and Business Leaders” with Ben Heineman, Former SVP and GC at General Electric
Date: February 24, 2010
Time: 5:30 pm - 8:00 pm
Location: Stanford Law School, Room 180 - Oracle's Acquisition of BEA Systems: An Overview of Hostile Takeover Tactics and Responses" with James Cole, Jr., Corporate Partner at Wachtell, Lipton, Rosen & Katz
Date: March 1, 2010
Time: 12:45 pm - 2:00 pm
Location: Stanford Law School, Room 280A - Directors' Consortium
Winter 2010 at Stanford
Date: March 3-5, 2010
Optional Finance Day: March 2, 2010
REGISTER NOW | BROCHURE
- Banks Should Make Swap Prices More Transparent
Business Week, January 11, 2010
The report was written by Theo Lubke, a senior vice president at the New York Fed; Darrell Duffie, a finance professor at Stanford University; and Ada Li, a New York Fed bank examiner. - Professor David Larcker research cited in The Conference Board Task Force on Executive Compensation (2009)
- Annual Moskowitz Prize, awarded at the Annual SRI in the Rockies Conference
This year's recipient was Professor David Baron, for his paper, "The Economics and Politics of Corporate Social Performance." (Paper available at SSRN) - 'Creating a Bigger Mess?' Battle Lines Are Drawn on the Proxy Access Rule
Knowledge@Wharton, September 02, 2009
"David F. Larcker... calls the SEC's proposal "a big deal. It's sort of like shareholder democracy," he says. "You're basically opening up the proxy machinery to an additional set of people. Once you change the board, if the board is active, it would have an impact on what the company does.... The proxy access [proposal] is not trivial by any stretch of the imagination."
Related: Debating Shareholder Democracy
The New York Times, September 4, 2009
Corporate Governance Research Program
The Corporate Governance Research Program is part of the Arthur and Toni Rembe Rock Center for Corporate Governance at Stanford University. The program was established in 2006 and is a leader in developing knowledge and education about domestic and international corporate governance.
Corporate governance refers to a broad collection of mechanisms used to guide the behavior of managers so that the interests of shareholders and stakeholders are protected. Despite the widespread attention that corporate governance receives from the press, equity investors, and government agencies, there is little empirical evidence that clearly demonstrates how, or whether, corporate governance practices (e.g. board independence, structure, etc.) affect outcomes important to investors. More basically, there is little understanding of which practices are the most important.
The program leverages the research scholarship of the Graduate School of Business faculty to generate new insights into the fundamental "big issues" surrounding corporate governance.
StanfordCorpGov on Twitter 
Corporate Governance Research Papers
The Rock Center for Corporate Governance Working Paper Series is located on the Corporate Governance Network(SSRN)
Case Studies
-Equity on Demand: The Netflix Approach to Compensation NEW
-Royal Dutch/Shell: A Shell Game with Oil Reserves (A) & Royal Dutch/Shell: A Shell Game with Oil Reserves - Governance Overhaul After Scandal (B) NEW
-Full List of corporate governance cases
Changing the Debate About Corporate Governance
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The Arthur and Toni Rembe Rock Center for Corporate Governance was created with the vision that advances in the understanding and practice of corporate governance are most likely to occur in a cross–disciplinary environment where academics, economists, lawyers, financial experts, political scientists, engineers and practitioners can meet and work together. |
