Faculty Viewpoints
Saudi Arabia’s Sabotage of the Economy Will Backfire
With its surprise cut in oil production, write Yale SOM’s Jeffrey Sonnenfeld and Steven Tian and Congressman Ro Khanna LAW ’01, Saudi Arabia has chosen to side with the Russian war machine.
We’ve Got Climate Solutions. Now We Need a Movement.
Most Americans agree that the planet faces dire consequences if we don’t do more to address climate change. Anthony Leiserowitz, director of the Yale Program on Climate Change Communication, outlines how businesses and individuals can push for action.
Lessons on the Role of Business in Society, from a Timber Baron
Yale SOM leadership expert Jeffrey Sonnenfeld remembers George Weyerhaeuser, who led his family’s timber business for decades. He died earlier this year at 95.
What’s the Right Price for Russia’s Oil?
Negotiation expert Prof. Barry Nalebuff argues that setting the price cap either too high or too low could lead to failure and defeat the effort to make Putin pay for his aggression.
Loopholes Persist in the Dragnet around Russia’s Economy
Yale SOM’s Jeffrey Sonnenfeld and Steven Tian, who have been tracking companies’ disengagement from Russia, write that Asian airlines, European aviation giants, and sanctions evaders are gaming the system and gaining an advantage over their American competitors.
What Makes the UK a Model for Managing Risks to the Financial System
Yale’s Sigrídur Benediktsdottir and Greg Feldberg recently led an in-depth assessment of the UK’s systemic risk oversight as part of the IMF’s Financial Sector Assessment Program. They came away with new insights into one of the world’s leading models for managing financial system risk.
The Myth of Putin as World Energy Czar Is Running Out of Gas
Media commentary suggests that Russia is using its energy resources to hold the rest of the world hostage. To the contrary, write Yale SOM’s Jeffrey Sonnenfeld and Steven Tian, Russia’s actions have devastated its own economy and undermined its status as an energy exporter.
Are the Companies That Promised Withdrawal from Russia Following Through?
In some cases, those pledges have not been fully honored, Jeffrey Sonnenfeld’s team has found. He writes that boards play a key oversight role in ensuring that companies genuinely end their exposure.
Businesses Staying in Russia Are Underperforming the Market
A new analysis from Prof. Jeffrey Sonnenfeld and his team suggests that the firms cutting ties with Russia are seeing markedly better shareholder returns.
Can We Reduce Risk from the Shadow Banking System?
According to Prof. Andrew Metrick, new rules on banks have helped push risk to non-bank firms that aren’t subject to the same limitations. In a recent paper, Metrick and former Fed governor Daniel Tarullo propose ways to bring regulation of banks and this “shadow banking system” into better alignment.