The Corporate Governance Research Program (CGRP), established in 2006, is a leader in developing knowledge and education about domestic and international corporate governance. The CGRP is a companion program to the Rock Center for Corporate Governance at Stanford University.
Corporate governance refers to a broad collection of mechanisms used to guide the behavior of managers so that the interests of shareholders and stakeholders are protected. Despite the widespread attention that corporate governance receives from the press, investors, and regulators, there is little empirical evidence that clearly demonstrates how, or whether, corporate governance practices affect outcomes important to investors. More broadly, there is little understanding of which practices are the most important.
• Advance the intellectual understanding of corporate governance
• Engage academics, regulators, and professionals, bridging the gap between theory and practice
• Strengthen corporate governance as an independent area of teaching and scholarship in business schools worldwide
• Generate new insights into the fundamental “big issues” surrounding corporate governance