Jackson Library

Library friend Michelle Gutman, Program Manager for Global Center & Corporate Governance Research, brings two new corporate governance cases to our attention: Attention Shoppers: Executive Compensation at Kroger, Safeway, Costco and Whole Foods 2008 and Say on Pay: Does the Buck Stop Here? 2008, both authored by GSB Professor David F. Larcker and GSB Alum / case writer Brian Tayan. Members of the GSB community can download these for free; others should contact Case Services.

Library friend Michelle Gutman continues to keep us up to date with the latest corporate governance activities on campus. This time it is the 'Governance Lunch for Students' at the Stanford Law School, April 8; the lunch speaker will be Andrew Vollmer, Deputy General Counsel of the SEC. Followed by a reception and panel discussion on Stoneridge Security v Scientific-Atlanta, considered by many "the most important securities case in a generation". Both events are sponsored by the Rock Center for Corporate Governance.

Michelle Gutman of GSB Corporate Governance Research informs us of the latest addition to their corporate governance case study series:

Models of Corporate Governance: Who’s the Fairest of Them All?
Case Number: CG-11 Publication Year: 2008 Authors: David F. Larcker; Brian Tayan

In 2007, corporate governance became a well-discussed topic in the business press. Central to these stories was the assumption that somehow corporate governance was to blame. That is, there was a functional failure in the system of checks and balances established to prevent abuse by executives. This case explores the various corporate governance systems that have been adopted in the United States and in various countries in Europe and Asia. The issues of control, director independence, auditor independence, dual-board vs. unitary-board structure, comply-or-explain, and legislative versus market-driven solutions are explored. Readers are asked to evaluate what governance systems or elements they consider to be most effective. Plentiful examples -- Johnson & Johnson, BMW Group, Michelin, Heineken, Toyota, Samsung, Posco, PetroChina, Infosys, and many others -- are included.

A searchable list of available GSB cases can be found on the GSB website.