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The world now faces an economic inequality crisis with few policy options. Some recent U.S. Federal Reserve data suggest that both income and wealth inequal

The U.S. bank oligarchy has become bigger, more profitable, and more resistant to public regulation after the global financial crisis. Simon Johnson and

Is higher stock market concentration good or bad for Corporate America? In recent years, S&P 500 stock market returns exhibit spectacular concentrati

U.S. federalism and domestic institutional arrangements A given country is federal when both of its national and sub-national governments exercise separa

Corporate ownership governance theory and practice  The genesis of modern corporate governance and ownership studies traces back to the seminal work

CBS and its special committee of independent directors have decided to sue the Redstone controlling shareholders because these directors might have breached