Arthur and Toni Rembe Rock Center for Corporate Governance

About Us

The Arthur and Toni Rembe Rock Center for Corporate Governance is a joint initiative of Stanford Law School and Stanford Graduate School of Business. The Center was created to advance the understanding and practice of corporate governance in a cross-disciplinary environment where leading academics, business leaders, policymakers, practitioners and regulators can meet and work together. The Center is led by outstanding Faculty with active collaboration from its Advisory Board.

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Research

The Rock Center provides an environment focused on innovation and collaboration, drawing on the world-class resources of Stanford University, and serves as a focal point for sustained empirical research. The Center’s research applies rigorous methods to understand the performance consequences of corporate governance by taking an in-depth and interdisciplinary look at the inner workings of corporate boards, regulators, institutional investors, consultants, and others involved in the governance process.

LEARN MORE ABOUT ROCK CENTER RESEARCH

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The Rock Center Working Paper Series offers an e-library of research papers and abstracts on corporate governance topics. This continuously updated library is accessible through the Social Science Research Network (SSRN).

The Foreign Corrupt Practices Act (FCPA) Clearinghouse, a collaboration with Sullivan & Cromwell LLP, operates as a database, a repository of original source documents, and a supplier of analytics relating to the enforcement of the FCPA.

The Securities Class Action Clearinghouse (SCAC), a collaboration with Cornerstone Research, provides detailed information related to the prosecution, defense, and settlement of federal class action securities fraud litigation. The SCAC team maintains a filings database of more than 5,000 securities class action lawsuits filed since the passage of the Private Securities Litigation Reform Act of 1995.

The fully searchable COVID-19 Memo Database includes thousands of memoranda addressing the legal, regulatory, accounting, and governance issues raised by the current COVID-19 crisis.

 

 

The Corporate Governance Research Initiative develops insights into the practice of corporate governance to advance intellectual understanding of this critical area of business management.

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This latest Closer Look, Firing and Hiring the CEO, presents new statistics on CEO departures and a fresh analysis of succession planning: sensitivity of turnover to performance, board preparedness to name a successor, and the performance of internal and external successors.

In the recent Closer Look, Seven Myths of ESG, we explore commonly accepted myths surrounding ESG, many of which are not supported by empirical evidence. What problem is ESG expected to solve? Is ESG value-increasing, or does it represent a cost incurred for the betterment of society?

In the Closer Look Are Narcissistic CEOs All That Bad?, we test basic assumptions about the relation between narcissism and corporate outcomes using a sample of CEOs whose personality is formally assessed by directors. We find unexpected associations. Are narcissists better at corporate “window dressing” than their less narcissistic peers?

The recently updated Quick Guide, Independent Chairman, provides the latest research on whether companies with an independent board chair exhibit better governance quality than companies with a dual chair/CEO. Does separating Chair/CEO increase value? How do shareholders react? Does it improve oversight?

Upcoming Events

Recent Online Events

Rock Center Shorts

Brief video and podcast sessions with expert guests in conversation with Stanford faculty and Rock Center leadership. Topics focus on current issues in corporate governance for board members, corporate executive leaders and advisors.

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Executive Education Programs

 

The Rock Center hosts executive education programs for directors and senior executives, including our flagship program, Stanford Directors’ College, as well as Directors’ Consortium and the Stanford/NVCA Venture Capital Symposium.

 

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Leadership

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Michael Callahan

Michael Callahan

  • Professor of the Practice of Law
  • Executive Director of the Arthur and Toni Rembe Rock Center for Corporate Governance
Robert M. Daines

Robert M. Daines

  • Pritzker Professor of Law and Business
  • Associate Dean for Global Programs
  • Senior Faculty, Rock Center for Corporate Governance
David F. Larcker

David F. Larcker

  • James Irvine Miller Professor of Accounting, Emeritus, Graduate School of Business
  • Senior Faculty, Rock Center for Corporate Governance
Kristen Savelle 1

Kristen Savelle

  • Managing Director, Rock Center for Corporate Governance at Stanford University
  • Co-Director, Stanford/NVCA Venture Capital Symposium

Contact the Rock Center

559 Nathan Abbott Way
Stanford, CA 94305
rockcenter@law.stanford.edu

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