"Shareholders" are individuals who personally own shares of stock; agents should not be included in this category.

Discussions of corporate governance today too often neglect important developments in how principals and agents interact.

During two closed sessions before the luncheon, committee members discussed the latest in financial regulation issues. At a luncheon briefing following these sessions, SFRC members gave several statements and answered questions.

 Everybody knows that an important part of the unsolved problem of our uncompetitive tax system for businesses is the double taxation of corporate dividends.

On Wednesday 8, 2012, the House Committee on Ways and Means held a testimony on "The Interaction of Tax and Financial Accounting on Tax Reform." Here, Aparna Mathur contributes to their discussion.  

Can financial reports audited by firms of independent accountants be trusted?

On April 5, 2012, the President signed into law the Jumpstart Our Business Startups (JOBS) Act, which passed by a large bipartisan majority in the Congress. The Act is designed to facilitate the equity funding of new companies. Recent research has documented that from 1980 through the 2008-09 recession new companies have been main drivers of job creation in the United States. 

Ignoring Deutsche Telekom’s needs, the DOJ and FCC blocked the proposed merger between AT&T and T-Mobile. As a result, an uncompetitive firm is now trapped in a market it wanted to leave.