CGRI research spans these topics: general principles, board of directors, leadership and succession planning, compensation, audit and risk, shareholders, and proxy advisory.
Feet to the Fire: How Should Companies Tie Executive Compensation to Climate Targets?
In recent years, many companies have made voluntary pledges to reduce their carbon footprint. In this Closer Look, we examine how some companies…
2023 Survey of Investors, Retirement Savings, and ESG
In fall 2023, Stanford Graduate School of Business, the Hoover Institution Working Group on Corporate Governance at Stanford University, and the…
CEO Succession and The Walt Disney Company
CEO succession planning is a critical exercise for any organization. And yet, experience clearly demonstrates that many companies fail to…
Mega Grants: Why Would A Board Approve Nine-Figure CEO Pay?
Recent years have seen a reemergence of the practice of awarding “mega grants” to CEOs. Mega grants are large, one-time equity awards granted in…
The Art and Practice of Corporate Governance
The Art and Practice of Corporate Governance examines the central issues of corporate governance today, including board effectiveness,…
CEO Compensation: Data
This Data Spotlight provides data and statistics on the level and structure of CEO compensation in the United States. This data supplements in the…
Seven Gaping Holes in our Knowledge of Corporate Governance
In Closer Look, we highlight significant “holes” in our knowledge of corporate governance. These are central issues where insufficient or…
The Evolving Battlefronts of Shareholder Activism
In this Closer Look, we consider current trends in shareholder activism and their potential impact. We examine the introduction of universal…
Board of Directors: A Guide to Understanding Concepts of Corporate Governance
A roadmap to understanding the fundamental concepts of corporate governance based on theory, empirical research, and data. This guide will take an…
CEO Compensation: A Guide to Understanding Concepts of Corporate Governance
A roadmap to understanding the fundamental concepts of corporate governance based on theory, empirical research, and data. This guide takes an in-…
CEO Succession Planning: A Guide to Understanding Concepts of Corporate Governance
A roadmap to understanding the fundamental concepts of corporate governance based on theory, empirical research, and data. This guide takes an in-…
Core Concept: Shareholders & Stakeholders
A roadmap to understanding the fundamental concepts of corporate governance based on theory, empirical research, and data. This guide will take an…
The Principles of Corporate Governance: A Guide to Understanding Concepts of Corporate Governance
A roadmap to understanding the fundamental concepts of corporate governance based on theory, empirical research, and data. This guide takes an in-…
Environmental, Social, and Governance
This Research Spotlight provides a summary of the academic literature on environmental, social, and governance (ESG) activities including:
…ESG Ratings
This Research Spotlight provides a summary of the academic literature on environmental, social, and governance (ESG) ratings, including:
- …
ESG Investing: What Shareholders Do Fund Managers Represent?
In this Closer Look, we examine individual investor perception of ESG to gauge their concern for environmental and social issues, their view of…
2022 Survey of Investors, Retirement Savings, and ESG
In summer 2022, Stanford Graduate School of Business, the Hoover Institution Working Group on Corporate Governance at Stanford University, and…
Shall We Talk? The Role of Interactive Investor Platforms in Corporate Communication
Between 2010 and 2017, Chinese investors used an investor interactive platform (IIP) to ask public companies around 2.5 million…
ESG Ratings: A Compass without Direction
ESG ratings firms provide information to investors, analysts, and corporate managers about the relation between corporations and non-investor…
VICI Properties: Creating Value from the Ashes of Caesar’s Demise
In this Closer Look, we use the example of VICI Properties — a publicly traded REIT that emerged from the bankruptcy of Caesar’s Entertainment —…
CEO Succession: Data
This Quick Guide provides data and statistics on the attributes of the CEOs and CEO succession events at publicly traded companies in the United…
How Much Should We Trust Staggered Difference-In-Differences Estimates?
We explain when and how staggered difference-in-differences regression estimators, commonly applied to assess the impact of policy changes, are…
Independent and Outside Directors
This Research Spotlight provides a summary of the academic literature on outside (non-executive) directors and directors who are independent…
Independent Chairman
This Research Spotlight provides a summary of the academic literature on whether companies with an independent chairman of the board exhibit…