Notes
1 Matthew Bishop and Michael Green, Philanthrocapitalism: How the Rich Can Save the World, London: Bloomsbury Press, 2008.
2 Michael Edwards, Small Change: Why Business Won’t Save the World, San Francisco: Berrett-Koehler Publishers, 2010; Garry W. Jenkins, “Who’s Afraid of Philanthrocapitalism?” Case Western Reserve Law Review, 61, 2011; Linsey McGoey, “Philanthrocapitalism and its Critics,” Poetics, 40, 2012; Gavin Fridell and Martijn Konings, eds., Age of Icons: Exploring Philanthrocapitalism in the Contemporary World, Toronto: University of Toronto Press, 2013.
3 Ruth McCambridge, “Underestimating the Power of Nonprofit Governance,” Nonprofit Quarterly, Winter 2012.
4 Steven N. Kaplan and Joshua Rauh, “It’s the Market: The Broad-Based Rise in the Return of Top Talent,” Journal of Economic Perspectives, 27, 2013, p. 40.
5 Paul Krugman, “Why We’re in a New Gilded Age,” New York Review of Books, May 8, 2014.
6 Charlie Eaton et al., “Bankers in the Ivory Tower: The Financialization of Governance at the University of California,” Institute for Research on Labor and Employment, University of California at Berkeley, Working Paper No. 151-13, 2013.
7 Daniel P. Forbes and Frances J. Milliken, “Cognition and Corporate Governance: Understanding Boards of Directors as Strategic Decision-Making Groups,” Academy of Management Review, 24, 1999, p. 494.
8 Stephen M. Bainbridge, “Why a Board? Group Decisionmaking in Corporate Governance,” Vanderbilt Law Review, 55, 2002, p. 12.
9 Irving Janis, Victims of Groupthink: A Psychological Study of Foreign-Policy Decisions and Fiascos, Boston: Houghton Mifflin, 1972; Marleen A. O’Connor, “The Enron Board: The Perils of Groupthink,” University of Cincinnati Law Review, 71, 2003, pp. 1257-64.
10 Melanie B. Leslie, “The Wisdom of Crowds? Groupthink and Nonprofit Governance,” Florida Law Review, 62, 2010, p. 1183.
11 U.S. Equal Employment Opportunity Commission, 2012 EEO-1 National Aggregate Report by NAICS-3 Code 523: Securities, Commodity Contracts, and Other Financial Investments and Related Activities, 2012 Job Patterns for Minorities and Women in Private Industry.
12 U.S. Equal Employment Opportunity Commission, 2012 EEO-1 National Aggregate Report by NAICS-5 Code 52311: Investment Banking and Securities Dealing, 2012 Job Patterns for Minorities and Women in Private Industry.
13 See note 11.
14 William G. Bowen, The Board Book: An Insider’s Guide for Directors and Trustees, New York: W. W. Norton & Co., 2008, pp. 142-43.
Garry W. Jenkins is the John C. Elam/Vorys Sater Professor of Law, director and co-founder of the Program on Law and Leadership, and associate dean for academic affairs at The Ohio State University Moritz College of Law. Before joining the university in 2004, Jenkins was the chief operating officer, general counsel, and corporate secretary of the Goldman Sachs Foundation.