Professor David F. Larcker, director of the Corporate Governance Research Program and Rock Center for Corporate Governance
Highlighted Research and Events
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Rock Center for Corporate Governance lunch for students with Commissioner Preston DuFauchard, BA '79
Department of Corporations, California's Investment & Financing AuthorityTopic: Corporate Governance Challenges
Date: November 4, 2009 (Wed)
Time: 1:00pm-2:00pm
Location: Stanford Law School-Room 95
To register for this event, please click here - Legal Challenges in an Age of Robotics November 12, 2009 from 5:30 pm - 8:00 pm
- Rock Center luncheon lecture with Mark Latham, Director of VoterMedia.org and Proxy Democracy.
Topic: Voter Funded Media: Governance Reform for Corporations & Democracies
Date: November 16, 2009
Time: 1:00 pm - 2:00 pm
Location: Stanford Law School, Room 90
Lunch will be provided. To register for this event, please click here - Rock Center student breakfast lecture with Tom Russo, Former Vice Chairman and Chief Legal Officer of Lehman Brothers Inc.
Topic: The Credit Crisis: Its Roots and Aftermath
Date: November 17, 2009 (Tuesday)
Time: 7:30-8:30am
Location: Stanford Graduate School of Business, Room L107 (Littlefield Bldg.) Attendance limited to 20 GSB students Email: corpgovernance@gsb.stanford.edu if you would like to attend. We will select attendees by lottery if necessary - Rock Center Faculty lunch with Professors Anat Admati and Paul Pfleiderer discussing their paper on "Increased Liability Equity: A Proposal to Improve Capital Regulation of Large Financial Institutions”.
Date: November 19, 2009 (Thursday)
Time: Noon-1:30pm
Location: Stanford Law School Faculty lounge - Stanford Institutional Investors' Forum
Date: December 17, 2009
Time: 8:30 a.m. – 2:30 p.m.
Location: Stanford University - Frances C. Arrillaga Alumni Center
- Professor David Larcker research cited in The Conference Board Task Force on Executive Compensation (2009)
- More To Say On Executive Pay
Institutional Investor, September 2009
Stanford Graduate School finance Professor Dirk Jenter, in Institutional Investor “Any regulatory restriction on compensation can be and will be circumvented by any financial institution that wants to do so." - 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.
Corporate Governance Research Papers and
Case Studies for teaching
Series of corporate governance case studies (full list)
-The Management of Berkshire Hathaway NEW
-Selecting a CEO: The Leader, the Business Builder, or the Technologist 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
Changing the Debate About Corporate Governance
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The Rock Center 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. |

