“Independence” is a central corporate governance idea in the discussions of the Sarbanes-Oxley era. But have the SEC, public companies, mutual funds, stock exchanges, accountants, and proxy advisers gotten carried away by the pursuit of independence? What are its limitations and does it interfere with other essential elements of governance,...

Examiningtheir incentives and access to informationraises questions about whether a supermajority of independent directors should be the "gold standard" of corporate governance.

Congress and the stock exchanges rapidly answered the cry to act in the wake of corporate scandals.

The Financial Crisis Inquiry Commission issued its majority report in January 2011, stating that the 2007-2010 crisis was "avoidable" and caused by widespread failures in financial regulation. Commission member Peter Wallison disagreed.

At a recent ExxonMobil annual meeting, members of the Rockefeller family made news by backing a shareholder proposal to change company policy in an effort to alleviate global warming. The resulting media attention raised questions about the proper role of institutional investors in voting on political or social issues brought...

As the Senate votes on the financial regulatory reform bill, AEI scholars are available to comment on the impact of the bill.

Corporate governance is a major and neglected issue with respect to Fannie and Freddie.