The Hoover Institution at Stanford University will host the Inaugural Conference of the Working Group on Corporate Governance on May 30-31, 2024.
The American corporation is confronted by demands that it be fundamentally rethought. The inaugural conference will examine economic theory and evidence that can be used to assess proposed improvements to the shareholder primacy paradigm.
Some other questions the conference will explore include: are there significant consequences to society that a shareholder-oriented system is not accounting for? How have politics and law shaped corporate and board governance in the U.S.? What are the costs and benefits of a more stakeholder-oriented system?
| Thursday, May 30th | |||
|---|---|---|---|
| Time | Content | Presenters | Discussant/Chair |
|
8:30 AM |
Breakfast |
-- |
-- |
|
9:00 AM |
Welcome: Amit Seru, Hoover Institution & Stanford University |
|
|
|
9:15 AM |
“What Purpose Do Corporations Purport? Evidence from Letters to Shareholders” by Raghuram Rajan, Pietro Ramella and Luigi Zingales |
Presenter: Luigi Zingales, University of Chicago |
Discussant: Justin Grimmer, Hoover Institution and Stanford University Discussant: Roberta Romano, Yale University Chair: Dan Kessler, Hoover Institution and Stanford University |
|
10:30 am |
Break |
-- |
-- |
|
11:00 AM |
“Measuring the Long-Term Impact of Environmental Externalities” by Steffen Andersen, Luigi Guiso, Federico Marciano, Paola Sapienza, and Luigi Zingales |
Presenter: Paola Sapienza, Hoover Institution & Northwestern University |
Discussant: Vikrant Vig, Stanford University Discussant: Adi Sunderam, Harvard University Chair: Stephen Haber, Hoover Institution & Stanford University |
|
12:15 PM |
Break |
-- |
-- |
|
1:15 PM |
"What do Boards do during Board Meetings?" by John Kepler, David Larcker, and Amit Seru |
Presenter: John Kepler, Stanford University |
Discussant: Andy Hall, Stanford University Discussant: Nadya Malenko, Boston College Chair: Peter Henry, Hoover Institution |
|
2:30 PM |
Break |
-- |
-- |
|
3:00 PM |
Roundtable on University Governance |
-- |
Panelist: Stephen Haber, Hoover Institution & Stanford University Panelist: Luigi Zingales, University of Chicago Panelist: Paola Sapienza, Hoover Institution Panelist: John Etchemendy, Stanford University Chair: Ross Levine, Hoover Institution |
|
4:15 PM |
Conclusion |
-- |
-- |
|
6:00 PM |
Dinner |
-- |
-- |
| Friday, May 31st | |||
|---|---|---|---|
| Time | Content | Presenters | Discussant/Chair |
|
8:30 AM |
Breakfast |
-- |
-- |
|
9:00 AM |
“What Do Shareholders Want? Consumer Welfare and the Objective of the Firm” by Keith M. Ericson |
Presenter: Keith M. Ericson, Boston University |
Discussant: Ross Levine, Hoover Institution Discussant: Christian Leuz, University of Chicago Chair: Peter DeMarzo, Stanford University |
|
10:15 AM |
Break |
-- |
-- |
|
10:45 am |
“Investing in Influence: Investors, Portfolio Firms, and Political Giving” by Marianne Bertrand, Matilde Bombardini, Raymond Fisman, Francesco Trebbi and Eyub Yegen |
Presenter: Matilde Bombardini, UC Berkeley |
Discussant: Brandice Canes Wrone, Hoover Institution & Stanford University Discussant: Steven Callander, Stanford University Chair: Anat Admati, Stanford University |
|
12:00 PM |
Lunch |
-- |
-- |
|
1:00 PM |
Conclusion of conference |
-- |
-- |
