Robert H. Frank, author of the Sunday Times bestseller The Economic Naturalist. He is the Henrietta Louis Johnson Professor of Management and Professor of Economics at Cornell University’s Johnson Graduate School of Management. Chair: Tim Harford, economist and FT journalist

Panelists:  Alice Rivlin, Senior Fellow, Brookings Institution and former Vice-Chairman of the Federal Reserve; former Director of the Congressional Budget Office (CBO); and former Director of the Office of Management and Budget (OMB); Brian Riedl, Grover M. Hermann Fellow for Federal Budgetary Affairs, Heritage Foundation; former Staff Analyst for Wisconsin Governor Tommy Thompson; Diane Lim Rogers, Chief Economist at the Concord Coalition; former Chief Economist for the House Budget Committee; Eugene Steuerle, Vice President, The Peterson Foundation; former Senior Fellow at the Urban Institute; and former Deputy Assistant Secretary of the Treasury for Tax Analysis

The Symposium addresses a wide range of issues in the corporate and securities field, including: Shareholder voting, SEC proxy rules on shareholder voting and shareholder proposals; the role of proxy advisory services; the validity of shareholder initiatives in corporate governance; the role of hedge funds and sovereign wealth funds in corporate governance; the role of tender offers and defenses against tender offers (including staggered boards and poison pills); the propriety of current levels of executive compensation, the effectiveness of various elements of executive compensation as appropriate incentives, the role of shareholders in approving executive compensation; and the effects of devices that separate voting rights from the economic interests of common stock ownership.

Pt 1
Pt 2
Pt 3

Andrew Bernard is Jack Byrne Professor of International Economics and director of the Center for International Business at the Tuck School of Business at Dartmouth, USA.

Lawrence H. Summers, Director, National Economic Council; Assistant to the President for Economic Policy
Presider:  Carla A. Hills, Chairman and CEO, Hills & Company; Co-Chairman, Council on Foreign Relations

Transcript