MAY 2004

CEOs Don't Always Take Their Top Team with Them
The departure of the CEO doesn't necessarily mean the entire top management is in jeopardy, says Prof. Paul Oyer. What really matters is how much the CEO and the top-level executive have invested in their relationship. [Details]

The Economics of Bribery
In the 1990s Peru's chief of the secret police systematically bribed opposition parties, the media and the judiciary—and kept detailed records. Research into those records shows that in efforts to undermine a democracy, the biggest bribes went to the news media. [Details]

Measuring Executive Accountability
Shareholders are demanding incentives to force executives to focus on creating corporate value. This trend may mean that managers are less willing to put their efforts into long-range projects that increase value in the future. [Details]

Video Games Launch Their Own Reality
The $10 billion video game industry is moving into a new universe where the players can make up their own scenarios. But leaders at the Future of Entertainment Conference said they worry the industry is losing its creativity and that violence and other issues could create a cultural backlash. [Details]

MORE STORIES
Building Markets with a Diverse Workforce [Details]

Benefit of Tough Times
Companies win or lose the battle for market share during the tough times, not the boom periods, Cisco Systems CEO John Chambers told the Business School's first Technology Industry Conference. [Details]

Policing Nonprofits
Susan Berresford, president of the Ford Foundation, urged the nation's 60,000 nonprofit foundations to band together to police themselves and improve their industry's accountability, warning the foundation world is at a crossroads. [Details]

MORE STORIES
Global Business and Global Poverty Conference [Details]

The California Fiscal Crisis
Video File [Details]

Stanford Executive Program June 20 to August 3 [Details]

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When You Inherit Wealth
Successful estate plans for wealthy families require open communication and participation across generations. Preparing Heirs, a new book by Victor Preisser, Stanford MBA '64, and Roy Williams, explores how families can preserve both their cohesiveness and their fortune. [Details]

Global Coffee Trade
In 2003, coffee prices were at a 100-year low. A Business School case examines coffee supply and demand, efforts by governments, non-governmental organizations (NGOs), and roasters to help farmers earn enough money to support themselves. It asks what changes in the market, or actions by governments, can help to correct the existing market problems. [Details]

MORE STORIES
The Modern Firm [Details]

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Stanford Business magazine
Executive Education
Stanford Social Innovation Review

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