Joe Grundfest: "The Biggest Governance Trend for 2024 is the Corporation as a Piñata."

Joe Grundfest is the William A. Franke Professor of Law and Business Emeritus at Stanford Law School and Senior Faculty of the Rock Center for Corporate Governance. He is a former Commissioner of the SEC and co-founded Financial Engines with Professor William F. Sharpe, the 1990 Nobel Prize winner in Economics. He formerly served as a director of KKR and Oracle. In this podcast, we review 2023 and talk about corporate governance trends for the coming year. Among other topics, we discuss: 1) The SVB and the banking crisis of 2023, 2) The current state and future of private markets and unicorns, 3) The growth of AI and the OpenAI boardroom crisis – including some geopolitical concerns, 4) The fate of Crypto and its regulation, and 5) The increasing politicization of ESG and DEI and how boards should address these concerns. We also talk about: 1) Biggest winner and looser in business of 2023; 2) Biggest business surprise from last year; 3) Best and worst corporate governance trends last year; and 4) Biggest corporate governance trend to watch out for in 2024. If you like this show, please consider subscribing, leaving a review or sharing this podcast on social media. You can also contribute as a Patron on the link patreon.com/BoardroomGovernancePod or you can subscribe to the Boardroom Governance Newsletter at evanepstein.substack.com This podcast is sponsored by the American College of Governance Counsel.