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• Comparing Technology Innovation in the Private and Public Sectors

  Thu, 11 Jun 2009 00:00:00 GMT

  
  Technology can be a tool for making government better and democracy stronger. However, the public sector has continued to fall behind the private sector in technology innovation, writes Darrell West. Evaluating the web sites of leading U.S. corporations with state and national governments, West offers five reasons why the private sector has outpaced government in effective innovation, and ways the public sector could improve.

• Strengthening America's Global Development Partnerships

  Wed, 13 May 2009 00:00:00 GMT

  
  As the Obama administration and Congress work to reform an outdated foreign assistance system, they have an opportunity to adapt official U.S. efforts to more effectively and efficiently support global development in partnership with businesses and civil society. Jane Nelson and Noam Unger recommend ways the U.S. government can better position itself within the 21st century global development ecosystem.
  

• Risk, Reward and the Road to Economic Recovery

  Mon, 20 Apr 2009 09:00:00 GMT

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  • April 20, 2009, 9:00 AM to 11:00 AM

  Moving the economy toward sustainable long-term economic growth requires a more complete understanding of not only the root causes of the economic crisis, but both how it spread first to the financial sector and then to the real economy. On April 20, Brookings’s Initiative on Business and Public Policy hosted a discussion to explore Wall Street's role in triggering the economic crisis and the role Wall Street leaders may play in leading us out.

• Facing—and Fixing—"Too Big to Fail"

  Tue, 31 Mar 2009 09:15:00 GMT

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  • March 31, 2009, 9:15 AM to 11:30 AM
  
  

  As public outrage grows over bonuses paid to employees at private firms being bailed out by the government, many are asking whether some companies are "too big to fail" and the consequences of propping up firms at any cost. The Initiative on Business and Public Policy at Brookings hosted Minneapolis Federal Reserve President Gary H. Stern and Vice President Ron J. Feldman to discuss the issue, along with former Federal Reserve Chairman Alan Greenspan.

• The Financial Crisis and a Flaw in Corporate Capitalism

  Tue, 17 Mar 2009 00:00:00 GMT

  
  The current financial crisis and the events that preceded it do not reveal a new problem in capitalism, says Gary Burtless. They do, however, highlight problems that have been obvious to careful observers for many years, and in some cases for centuries. One central problem underscored by the present crisis is the disconnect between the financial interests of senior company managers and the owners of the companies they work for.

• Corporate Action on Climate Adaptation and Development

  Mon, 18 Aug 2008 00:00:00 GMT

  
  The 2008 Brookings Blum Roundtable recently convened representatives to focus on how the poor of the world will cope with climate change. With a few notable exceptions, the climate adaptation challenge, and the links between climate change, economic growth, human rights, and poverty alleviation, has not been high on the corporate agenda. Jane Nelson, an expert in corporate social responsibility, recommends the corporate community take action to address climate change adaptation in the developing world.

• U.S. Expanding the Law - Domestic and Foreign - to Benefit Corporations

  Sun, 17 Feb 2008 00:00:00 GMT

  In a recent op-ed, Ben Klemens addresses the issue of how the Office of the U.S. Trade Representative influences the restriction of generic drugs in the markets worldwide.

• Do Politically Connected Firms Undermine Their Own Competitiveness?

  Thu, 31 Jan 2008 00:00:00 GMT

  In a new Global working paper, Raj Desai and co-author Anders Olofsgård examines cronyism, specifically focusing on the competitiveness of politically favored firms, and finding that influential firms do innovate and invest less.

• Should Sovereign Wealth Funds Be Regulated?

  Thu, 06 Dec 2007 12:00:00 GMT

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  • December 06, 2007, 12:00 PM to 12:00
  
  

  Brookings recently hosted leading economists for a discussion on the breadth and depth of sovereign wealth funds and potential regulation.

• Brookings Study Details Economic Cost of Recent Corporate Crises

  Fri, 05 Oct 2007 19:09:26 GMT

  News Release by the Brookings Office of Communications, July 2002

• Volunteering for Impact: Best Practices in International Corporate Volunteering

  Sun, 30 Sep 2007 00:00:00 GMT

   

• Rehabilitating the Business Income Tax

  Fri, 01 Jun 2007 00:00:00 GMT

  This paper introduces the Business Enterprise Income Tax (BEIT), a comprehensive and detailed proposal for reforming business income taxation. Current law fails to tax all business income consistently and comprehensively. It distorts economic behavior and diverts managerial effort toward tax avoidance.

• Reforming Corporate Taxation in a Global Economy: A Proposal to Adopt Formulary Apportionment

  Fri, 01 Jun 2007 00:00:00 GMT

  The current system of taxing multinational firms relies on separate accounting: firms account for earnings and costs in each location in which they operate. This system generates a large tax incentive to earn income in low-tax countries, and multinational firms respond by earning disproportionate profits in low-tax locations.

• Investigating Public Transparency Policies

  Tue, 01 May 2007 00:00:00 GMT

  Interview with Mary Graham, The NewsHour with Jim Lehrer (5/1/07)

• Unfriendly Skies

  Mon, 18 Dec 2006 00:00:00 GMT

  Robert Crandall and Clifford Winston argue that policy-makers take the wrong approach in opposing recent merger attempts in the airline industry. While enforcement of antitrust laws can improve consumer welfare in some cases, Crandall and Winston conclude that government efforts to prevent such mergers "do little to improve consumer welfare and sometimes actually reduce it."

• Leading in a Global Environment

  Tue, 24 Oct 2006 00:00:00 GMT

  Presentation by Lael Brainard (11/2006)

• Corporate Citizenship and Urban Problem Solving: The Changing Civic Role of Business Leaders in American Cities

  Fri, 01 Sep 2006 00:00:00 GMT

  This paper, along with two detailed case studies, traces the shifting landscape of business-civic organizations in 19 U.S. metropolitan areas.

• The AT&T/BellSouth Merger: The Breakdown of 'Breakup'

  Thu, 09 Mar 2006 00:00:00 GMT

  This week's stunning announcement by AT&T that it had reached an agreement to acquire BellSouth for $67 billion is surely an affront to proponents of a strong antitrust policy for two reasons.

• Equity Markets, The Corporation and Economic Development

  Wed, 01 Feb 2006 00:00:00 GMT

  Modern economies are heavily dependent on the corporate form of doing business. The sheer scale of modern commercial activity, once it goes beyond the individual store and workshop, increasingly demands capital beyond the resources of most individual entrepreneurs.

• The Big Telecomm Mergers: Nothing to Fear

  Fri, 18 Nov 2005 00:00:00 GMT

  Robert Litan writes that the FCC-approved mergers of AT&T and SBC, and MCI and Verizon are a profound reshaping of the large companies that provide communications services. But, while these mergers certainly merit a watchful eye by antitrust authorities and regulators, the new facts in telecomm should significantly ease concerns that the mergers are anti-competitive.

• The Corporate Scandals, Why They Happened And Why They May Not Happen Again

  Tue, 13 Jul 2004 00:00:00 GMT

  Speech by Larry D. Thompson, Chautauqua Institution (7/13/04)

• America's Role in the Fight Against Global Poverty

  Thu, 01 Jul 2004 00:00:00 GMT

  America’s role in the fight against global poverty was the focus of the first annual Brookings Blum Roundtable in 2004. Discussion centered on the imperative of political will, using foreign assistance, trade and financing for development, and how best to reinforce commitment and sustain development efforts.

• Corporate Social Responsibility: The New Social Contract

  Mon, 01 Sep 2003 00:00:00 GMT

  Article by Ann Florini, What's Next? (Sept. 2003)

• A Law That's Out of Date: Anti-Tying Restrictions On Banks

  Tue, 27 May 2003 00:00:00 GMT

  Opinion by Robert E. Litan (5/27/03)

• Congress Morphs an 'Itty-Bitty' Tax Cut Into a Budget Buster

  Tue, 20 May 2003 00:00:00 GMT

  Opinion by Leonard E. Burman and Peter R. Orszag (5/20/2003)

• Banks Must Be Untied from an Outdated Law

  Tue, 06 May 2003 00:00:00 GMT

  Opinion by Robert E. Litan (5/06/03)

• Conference on Public Disclosure of Tax Returns

  Fri, 25 Apr 2003 08:00:00 GMT

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  • April 25, 2003, 8:00 AM to 4:45 PM

• A Case of "Enronitis"? Opaque Self-Dealing and the Global Financial Effect

  Tue, 01 Apr 2003 00:00:00 GMT

  The revelation of corporate scandals and the financial crises in the developing countries have persuaded many people around the world that "Enronitis," in its various guises, can seriously damage people's confidence in a financial system and retard economic development. Shang-Jin Wei and Heather Milkiewicz argue that an invigorated, worldwide reform effort will reduce the chance of future economic devastation that could result from poor public and corporate governance.

• Business and Global Governance: The Growing Role of Corporate Codes of Conduct

  Sat, 01 Mar 2003 00:00:00 GMT

  The lack of effective international (and often national) regulation to protect workers, communities, and the environment has spurred the development of a powerful movement aimed at promoting corporate social responsibility.

• A Global Crossing for Enronitis?: How Opaque Self-Dealing Damages Financial Markets around the World

  Sat, 01 Mar 2003 00:00:00 GMT

  The revelation of corporate scandals and the financial crises in the developing countries have persuaded many people around the world that "Enronitis," in its various guises, can seriously damage people's confidence in a financial system and retard economic development. Shang-Jin Wei and Heather Milkiewicz argue that an invigorated, worldwide reform effort will reduce the chance of future economic devastation that could result from poor public and corporate governance.

• Following the Money : The Enron Failure and the State of Corporate Disclosure

  Wed, 26 Feb 2003 00:00:00 GMT

  
  Following the Money focuses on the disjunction between national systems of corporate disclosure and the increasingly global character of capital markets. The authors offer recommendations for public and private decision makers on the accountin

• The Transformation of Corporate Governance in France

  Wed, 01 Jan 2003 00:00:00 GMT

  Analysis by Michel Goyer, MIT, for the Center on the U.S. and France, January 2003

• Creating and Sustaining the Strong Director

  Sun, 01 Dec 2002 00:00:00 GMT

  Opinion by Constance Horner, Guest Scholar, Governmental Studies, the Brookings Instituion, in Directors & Boards, Winter 2002

• Alternative Measures of Corporate Profits

  Fri, 01 Nov 2002 00:00:00 GMT

  Jack E. Triplett asks questions about economic and accounting concepts of profits and their implementations that cross the boundaries of the accounting and economics professions.

• Cooking the Books

  Wed, 04 Sep 2002 09:30:00 GMT

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  • September 04, 2002, 9:30 AM to 11:00 AM

• The Costs of Book-Cooking

  Wed, 04 Sep 2002 00:00:00 GMT

  Opinion by Carol Graham, Vice President and Director, Governance Studies, the Brookings Institution, and Robert E. Litan, Vice President and Director, Economic Studies, the Brookings Institution in the Christian Science Monitor, September 4, 2002

• Democracy by Disclosure : The Rise of Technopopulism

  Sun, 01 Sep 2002 00:00:00 GMT

  
  Since the mid-1980s, Congress and state legislatures have approved scores of new disclosure laws to fight racial discrimination, reduce corruption, improve services, and reduce risks of everyday life. Graham argues that these requirements, enhanced b

• Fixing Corporate Disclosure After Enron

  Fri, 16 Aug 2002 00:00:00 GMT

  Article by Robert E. Litan, Vice President and Director, Economic Studies at the Brookings Institution, August 22, 2002

• Cooking the Books: The Cost to the Economy

  Thu, 01 Aug 2002 00:00:00 GMT

  Policy Brief #106, by Carol Graham, Robert Litan, and Sandip Sukhtanker (July 2002)

• Shares Crash Has a Silver Lining

  Thu, 25 Jul 2002 00:00:00 GMT

  Opinion by Carol Graham, Vice President and Director, Governance Studies, the Brookings Institution, and Robert E. Litan, Vice President and Director, Economic Studies, the Brookings Institution, in the Australian Financial Review, July 25, 2002

• The Bigger They Are, The Harder They Fall: An Estimate of the Costs of the Crisis in Corporate Governance

  Mon, 22 Jul 2002 00:00:00 GMT

  Working paper by Carol Graham, Robert Litan, and Sandip Sukhtankar, the Brookings Institution, for the Brookings Website

• Toughening Corporate Disclosure Rules After Enron

  Mon, 08 Jul 2002 10:00:00 GMT

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  • July 08, 2002, 10:00 AM to 12:00 PM

• The Tax Treatment of Foreign Income: Issues and Options

  Thu, 09 May 2002 00:00:00 GMT

  Testimony by William G. Gale, Senior Fellow, the Brookings Institution, before the House Committee on Ways and Means, Subcommittee on Select Revenue Measures, May 9, 2002

• Injunctive Relief in Sherman Act Monopolization Cases

  Wed, 24 Apr 2002 00:00:00 GMT

  Paper by Robert W. Crandall and Kenneth G. Elzinga (4/24/2002)

• The Enron Failure and the State of Corporate Disclosure

  Mon, 01 Apr 2002 00:00:00 GMT

  Policy Brief #97, by Robert E. Litan (April 2002)

• The Red Cross is No Enron

  Wed, 06 Mar 2002 00:00:00 GMT

  Opininion by Paul C. Light, Vice President and Director, Governmental Studies, the Brookings Institution, in The Christian Science Monitor, March 6, 2002

• The New York City Investment Fund: An Emerging Model For Corporate Engagement in Urban Development

  Mon, 01 Oct 2001 00:00:00 GMT

  This article traces the evolution of the New York City Investment Fund, and discusses the opportunities and challenges it encounters in its efforts to generate profit while producing positive social outcomes.

• Unseen Wealth

  Wed, 23 May 2001 00:00:00 GMT

  
  Unseen Wealth stresses the importance of developing standards for identifying, measuring, and accounting for intangible assets, and recommends actions to government and business for improving the quality and quantity of available information about in

• No Longer Business as Usual : Fighting Bribery and Corruption

  Thu, 01 Mar 2001 00:00:00 GMT

  
  This book provides the key elements needed to build and preserve corruption-free institutions, systems, and private enterprises.

• Corporate Disclosure in the Internet Age

  Wed, 24 May 2000 00:00:00 GMT

  Corporate Disclosure in the Internet Age, opinion in the Financial Times, May 24, 2000, by Robert Litan, Vice President and Director, Economic Studies, Peter Wallison, American Enterprise Institute

• Public Sector Corruption : An International Survey of Prevention Measures

  Sat, 01 Apr 2000 00:00:00 GMT

  
  This book surveys the measures that 15 OECD countries are currently using to protect their domestic public institutions against corruption. It is a companion to Ethics in the Public Service: Current Issues and Practice, (OECD 1996).

• Sports, Jobs, and Taxes : The Economic Impact of Sports Teams and Stadiums

  Tue, 21 Oct 1997 00:00:00 GMT

  
  This book assesses the case for government subsidies for sports teams by examining the economic impact of new stadiums and the presence of a sports franchise on the local economy.

• Business Taxes and the Flat Tax

  Thu, 07 Mar 1996 00:00:00 GMT

  Opinion by William Gale, Senior Fellow, The Brookings Institution

• The Deal Decade Handbook

  Wed, 16 Jun 1993 00:00:00 GMT

  
  In this companion handbook, Margaret Blair and Girish Uppal present summary statistics and details on the corporate restructuring movement of the 1980s.

• Brookings Papers on Economic Activity, Microeconomics 1993:1

  Fri, 11 Jun 1993 00:00:00 GMT

  For almost thirty years, Brookings Papers on Economic Activity (BPEA) has provided academic and business economists, government officials, and members of the financial and business communities with timely research of current economic issues.

• The Deal Decade : What Takeovers and Leveraged Buyouts Mean for Corporate Governance

  Mon, 01 Feb 1993 00:00:00 GMT

  
  Since the 1980s, U.S. companies have been reeling from the takeovers, leveraged buyouts, re-capitalizations, and junk bond issues affecting corporations. In this book, distinguished economists and scholars in the business administration, management,