You are here

› › › Research by the Corporate Governance Research Initiative

Research by the Corporate Governance Research Initiative

CGRI research spans these topics: general principles, board of directors, leadership and succession planning, compensation, audit and risk, shareholders, and proxy advisory.

Research Spotlight|

Dual-Class Shares

David F. Larcker, Brian Tayan
CGRI Research Spotlight Series. March
2019

This Research Spotlight provides a summary of the academic literature on how dual-class share structures influence firm value and corporate governance quality. It reviews the evidence of:

  • The relation
    • ...
Research Spotlight|

Environmental, Social, and Governance Activities

David F. Larcker, Brian Tayan
CGRI Research Spotlight Series. Corporate Governance Research Initiative (CGRI), March
2019

This Research Spotlight provides a summary of the academic literature on environmental, social, and governance (ESG) activities including:

  • The relation between ESG activities and firm value
  • The impact of
    • ...
Working Paper|

Where’s the Greenium?

David F. Larcker, Edward M. Watts
February 22, 2019

This study investigates whether investors are willing to trade-off wealth for societal benefits. We take advantage of unique institutional features of the municipal securities market to provide insight into this...

Working Paper|

Peer Group Choice and Chief Executive Officer Compensation

David F. Larcker, Charles McClure, Christina Zhu
February 11, 2019

We examine the selection of peer groups that boards of directors use when setting the level of CEO compensation. This choice is controversial because it is difficult to ascertain whether...

Stanford Closer Look|

Where Does Human Resources Sit at the Strategy Table?

Courtney Hamilton, David F. Larcker, Stephen A. Miles, Brian Tayan
Stanford Closer Look Series. Corporate Governance Research Initiative, February
2019

Two decades ago, McKinsey advanced the idea that large U.S. companies are engaged in a “war for talent” and that to remain competitive they need to make a strategic effort...

Working Paper|

Non-answers during Conference Calls

Ian D. Gow, David F. Larcker, Anastasia A. Zakolyukina
January 3, 2019

We construct a novel measure of disclosure choice by firms. Our measure uses linguistic analysis of conference calls to flag a manager’s response as providing an explicit “non-answer” to an...

Quick Guide|

CEO Compensation: Data

David F. Larcker, Brian Tayan
CGRI Quick Guide Series. Corporate Governance Research Initiative, January
2019

This Data Spotlight provides data and statistics on the level and structure of CEO compensation in the United States. This data supplements in the issues introduced in the Quick Guides...

Quick Guide|

Shareholders and Corporate Control: Data

David F. Larcker, Brian Tayan
CGRI Quick Guide Series. Corporate Governance Research Initiative, January
2019

This Data Spotlight provides data and statistics on shareholder activism and the market for corporate control. This data supplements the issues introduced in the Quick Guides “The Market for...

Stanford Closer Look|

The Wells Fargo Cross-Selling Scandal

Brian Tayan
Stanford Closer Look Series. Corporate Governance Research Initiative, January
2019

In this Closer Look, we examine the tensions between corporate culture, financial incentives, and employee conduct as illustrated by the Wells Fargo cross-selling scandal. In 2016, Wells Fargo admitted that...

Stanford Closer Look|

Scaling Up: The Implementation of Corporate Governance in Pre-IPO Companies

David F. Larcker, Brian Tayan
Stanford Closer Look Series. Corporate Governance Research Initiative, December
2018

Companies are required to have a reliable system of corporate governance in place at the time of IPO in order to protect the interests of public company investors and stakeholders....

man in a suit holding his smartphone in front of his laptop

Corporate Governance Insights by Stanford Business

March 15, 2019
Written

Businesses Behaving Badly: The State of Corporate Scandal in 2019

Expert panelists put corporate wrongdoing in its broader context.
Wells Fargo CEO John Stumpf arrives to testify before a Senate Banking Committee hearing on the firm’s sales practices on Capitol Hill in Washington, U.S., September 20, 2016. Credit: Reuters/Gary Cameron
December 19, 2018
Written

What Does “Value” Mean to You?

Stanford GSB faculty recommend books, articles, and movies related to the concept.
A contemplative figure. Credit: Jocelyn Tsaih
December 17, 2018
Written

What Can We Learn from the Downfall of Theranos?

The health company’s plummet carries valuable lessons for Silicon Valley.
Elizabeth Holmes. Credit: Reuters/Brendan McDermid
Twitter
@StanfordCorpGov
2

Programs for Individuals

Programs for Organizations

The Difference

Admission

Our Mission

Transformation Program

Coaches & Consultants

Student Internships

Research