Firms that purport to value shareholders pay CEOs more, study finds

Ever wonder why CEOs at poorly performing companies continue to receive exorbitant pay packages? According to a study from a University of Illinois labor professor, firms that trumpet how much they value shareholders actually ...

Preferences, incentives matter for capital tax levels, study finds

(Phys.org)—Against the backdrop of a nation obsessed with the debate on taxes, Cornell assistant professor of economics Maxim Troshkin and colleagues have completed a study that could help determine the ideal capital tax ...

Evolution: Social exclusion leads to cooperation

Social exclusion as a punishment strategy helps explain the evolution of cooperation, according to new research published today in the Proceedings of the Royal Society B.

EU, US should abandon biofuels: UN rapporteur

The European Union and the United States should stop using biofuels as they are hampering food production, the UN's special rapporteur for the right to food Olivier De Schutter told AFP on Wednesday.

Megaupload wants piracy charges dismissed

Megaupload has filed papers in US District Court to dismiss the federal government's massive online piracy case against the file-sharing website and its founder, Kim Dotcom.

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