José Maria Liberti
Skip to content

José Maria Liberti

Joseph Jr. and Carole Levy Chair in Entrepreneurship; Clinical Professor of Finance

Kellogg Faculty Page →

What Is the Purpose of a Corporation Today?

Has anything changed in the three years since the Business Roundtable declared firms should prioritize more than shareholders?

Researchers: Aaron Yoon, Ravi Jagannathan, Carola Frydman, Robert Korajczyk and José Maria Liberti

January 17, 2023

Finance & Accounting

How Is the Twitter–Musk Showdown Likely to Play Out? An Expert Weighs In.

“In my view, there is a lot of hypocrisy here from Musk.”

Researchers: José Maria Liberti

Family Businesses Are Experiencing the COVID-19 Crisis in Unique Ways

Lower debt, diversified portfolios, and longer-term horizons may be shielding family firms from the existential threats facing many other businesses.

Researchers: José Maria Liberti

September 3, 2020

Entrepreneurship

The COVID-19 Crisis Reveals How Short-Term, Shareholder-First Thinking Still Rules the Day

From questionable buybacks to overly restrictive M&A clauses, a recent pledge to consider other stakeholders is ringing hollow.

Researchers: José Maria Liberti

April 17, 2020

Finance & Accounting

Is Maximizing Shareholder Value a Thing of the Past?

Top CEOs recently “redefined” the purpose of a corporation. Kellogg faculty weigh in.

Researchers: Carola Frydman, Ravi Jagannathan, Robert Korajczyk, José Maria Liberti and Aaron Yoon

September 19, 2019

Finance & Accounting

Which Businesses Are More Likely to Get a Loan During a Credit Crunch?

Banks get picky when cash dries up.

Researchers: José Maria Liberti and Jason Sturgess

November 6, 2018

Finance & Accounting

Beefing Up Collateral Laws Could Encourage Banks to Lend

In many emerging economies, businesses without real estate struggle to access credit.

Researchers: Charles W. Calomiris, Mauricio Larrain, José Maria Liberti and Jason Sturgess

October 3, 2016

Finance & Accounting