This paper reviews recent research on corporate governance, with a special focus on
emerging markets. It finds that better corporate governance benefit firms through greater …

Upon what kind of moral order does capitalism rest? Conversely, does the market give rise
to a distinctive set of beliefs, habits, and social bonds? These questions are certainly as old …

The solution to inequality, environmental degradation, and other deficits of capitalism is
better capitalism. The Power of Creative Destruction draws on cutting-edge research to …

American markets, once a model for the world, are giving up on competition. Thomas
Philippon blames the unchecked efforts of corporate lobbyists. Instead of earning profits by …

Green bonds are increasingly being applied to finance emissions reductions, sustainable
development, and other cleaner production investments conducive to reaching the 2° C …

This paper assesses the potential impact of FinTech on the finance industry, focusing on
financial stability and access to services. I document first that financial services remain …

The concept of the developmental state emerged to explain the rapid growth of a number of
countries in East Asia in the postwar period. Yet the developmental state literature also …

Adair Turner became chairman of Britain's Financial Services Authority just as the global
financial crisis struck in 2008, and he played a leading role in redesigning global financial …

Academics' view of the benefits of finance vastly exceeds societal perception. This
dissonance is at least partly explained by an underappreciation by academia of how, without …

In May 2007, the relatively unknown Brazilian firm JBS acquired Coloradobased Swift &
Company for $1.4 billion and suddenly became the largest beef pro cessing company in the …