Politics and Policy
Companies That Receive State Subsidies Are More Likely to Break Workplace Laws
In a new study, Yale SOM’s Aneesh Raghunandan finds that state officials are then less likely to penalize companies that receive subsidies for corporate misconduct—and their leniency seems to encourage firms to ignore regulations.

Why the Texas Power Market Failed
Texas-based energy economist Ed Hirs ’81 says the February 2021 power crisis exposed longstanding, fatal flaws in the state’s energy market design and oversight.
To Reduce Risk, Build Trust, in Developing Countries and the U.S.
Mena Cammett ’12 of the World Bank says that the tools used to analyze risk in emerging markets are increasingly relevant to the United States. To mitigate vulnerabilities, build trust.
Can Business Leaders Be a Force for Democracy?
In the wake of the presidential election, Yale SOM leadership expert Jeffrey Sonnenfeld hosted three urgent discussions with top CEOs, where they discussed their concern about attempts to overturn the results and made a much-reported pledge to freeze donations to legislators who voted to reject election results.
Business Leaders Are Deeply Concerned about Public Safety—and Democracy
At a virtual meeting convened by Yale SOM leadership expert Jeffrey Sonnenfeld in the wake of the attack on the Capitol, CEOs voiced worries and brainstormed ideas for how business can help strengthen democracy.
Day-One Advice for President Joe Biden, from Yale Experts
Joe Biden and Kamala Harris will take on an array of monumental challenges, including controlling COVID-19, making progress on the climate crisis, and confronting racial injustice. We asked faculty members who specialize in these and other subjects what research-based counsel they would give to America’s new leaders.
‘Snapshots’ of Migrants in Mexico Suggest U.S. Undocumented Population Is Much Larger than Previous Estimates
A new study from Yale SOM’s Edward Kaplan and Scott Rodilitz, making use of data on migrants who have returned to Mexico, suggests that there are an estimated 19.6 million undocumented immigrants in the United States.
Weakening Unions Can Lead to Gender Gap in Wages
In 2011, legislation in Wisconsin reduced the power of unions to negotiate teachers’ salaries. Within five years, male teachers started earning more than women did.
Trump’s Reluctant Goodbye
In the final act of Donald Trump‘s presidency, Yale SOM's Jeffrey Sonnenfeld sees echoes of “monarchical” CEOs who purge truth-tellers and surround themselves with sycophants—and invariably make an involuntary exit from the C-suite.
CEOs Urge Respect for Election Integrity
In a hastily assembled call on November 6, corporate leaders agreed on the importance of smooth transition process and encouraged GOP leaders to endorse the integrity of the election.
Business Leaders Mobilize for a Fair Vote
As the U.S. approaches a divisive election, writes Yale SOM leadership expert Jeffrey Sonnenfeld, business leaders are calling for patience while ballots are counted and a peaceful transfer of power.