Mark Roe, a professor at Harvard Law School, is an expert on securities law and financial markets. He is the author of numerous studies of the impact of politics on corporate organization and corporate governance around the world.
Mark Roe, a professor at Harvard Law School, is an expert on securities law and financial markets. He is the author of numerous studies of the impact of politics on corporate organization and corporate governance around the world.
CAMBRIDGE – I recently examined the problem of corporate short-termism from two nonstandard angles. One was that some short-termism is sensi…
CAMBRIDGE – In a recent commentary, I examined whether increasing pressure from more rapid stock trading is inducing corporate managers to o…
CAMBRIDGE – Economic trends are sometimes more closely related to one another than news reports make them seem. For example, one regularly e…
CAMBRIDGE – The United States Securities and Exchange Commission (SEC) recently rejected proposed rules aimed at making money-market funds s…
CAMBRIDGE – America’s long-controversial Glass-Steagall Act of 1933, which separated deposit-taking commercial banks from securities-trading…
CAMBRIDGE – Is austerity dead? At last month’s G-8 meeting at Camp David, the German-led austerity program for the eurozone’s troubled south…
CAMBRIDGE – Brazilian President Dilma Rousseff’s visit last week to Washington, DC, offers an occasion to consider how some once-poor countr…
CAMBRIDGE – European leaders are seriously considering a Tobin tax, which would put a small levy on financial transactions, thereby dampenin…
CAMBRIDGE – Sometimes, we just don’t learn.After the financial crisis, the United States enacted the Dodd-Frank Act to overhaul American fin…
CAMBRIDGE – To reduce the chance that a financial meltdown like that of 2007-2008 will recur, regulators are now seeking to buttress institu…
Are Stock Markets Really Becoming More Short Term?
PROCYON MUKHERJEE: Here we are dealing with a number of issues, firstly the measurement paradigm itself, which needs a statistical treatment as distributions are highly skewed (either convex or cancave) and we could mak…
Corporate Short-Termism in the Fiscal Cliff’s Shadow
Alexander Stingl: Not unconnected.... Indeed. With all respect to Mark Roe, who I know as a skilled analyst, but there is little of substance in this piece.... Like many analysis of the temporality problem between econ…