Stanford Closer Look Series

The Stanford Closer Look series is a collection of short studies through which we explore topics, issues, and controversies in corporate governance. In each study, we take a targeted look at a specific issue and explain why it is important.

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The Artificially Intelligent Boardroom

David F. Larcker, Amit Seru, Brian Tayan, Laurie Yoler

Stanford Closer Look Series Corporate Governance Research Initiative March2025

Artificial intelligence has the potential to significantly transform boardroom practices — but perhaps in different ways than is commonly recognized. Four areas in particular are poised for impact, including how boards function, how boards…

The CEO Scorecard: How Directors Select a CEO When They Have Real Skin in the Game

A.J. Galainena, David F. Larcker, Mason Morfit, Bloor Redding, Amit Seru, Brian Tayan

Stanford Closer Look Series Corporate Governance Research Initiative December2024

Shareholders and stakeholders place considerable emphasis on the importance of reliable CEO succession planning. Nevertheless, it is far from clear that CEO succession planning is any better today than a decade or two ago.

In this …

Failed Say on Pay: How Do Companies Course Correct after a “No” Vote?

Amit Batish, David F. Larcker, Lucia Song, Brian Tayan, Courtney Yu

Stanford Closer Look Series Corporate Governance Research Initiative October2024

In this Closer Look, we take a deep dive into a sample of companies that failed their say-on-pay votes and the changes they implemented the subsequent year. We find many failed votes are in response to large, one-time special awards.…

Solar Flare Up: Systemic Organizational Risk in the Residential Solar Industry

David F. Larcker, Brian Tayan

Stanford Closer Look Series Corporate Governance Research Initiative August2024

The concept of systemic organizational risk is critically important in corporate governance. A systemic risk is one in which the system itself — through its incentives, structure, and culture — encourages or fails to detect behavior contrary to…

Boeing 737 MAX

David F. Larcker, Brian Tayan

Stanford Closer Look Series Corporate Governance Research Initiative May2024

In November 2018, a Boeing 737 MAX airplane crashed off the coast of Indonesia, killing all 189 passengers and crew members. Four months later, a second 737 MAX flying from Ethiopia to Nairobi crashed, killing 157 individuals. In this Closer Look…

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