Lenore Palladino
Biographic Data
| ID | 3743419 |
|---|---|
| NAME | Lenore Palladino |
| GIVEN NAMES | Lenore |
| FAMILY NAME | Palladino |
| SIGNATURE | PALLADINO L |
| AFFILIATIONS | University of Massachusetts Amherst |
| ORCID | 0000-0001-9225-2843 |
| VERIFIED | Yes |
| TOTAL WORKS | 10 |
| TOTAL CITATIONS | 10 |
| AUTHOR COUNT | 10 |
| EDITOR COUNT | 0 |
| FIRST PUBLICATION YEAR | 2019 |
| LATEST PUBLICATION YEAR | 2025 |
| H-INDEX | 2 |
The Potential Macroeconomic Effects of the Build Back Better Care Investments
How Corporate Guardrails Can Improve Industrial Policy for Workers
The auto industry is a central force in the US economy and is in the midst of a profound global transition from gas-powered to electric vehicles. While public investment is necessary for such a complex and urgent transformation of a major sector of the economy, the government's engagement with the auto sector runs into a major challenge: the shareholder primacy orientation in US corporate governance, which allows companies to use the public fundi…
Establishing a public option for asset management in the United States
Asset managers – financial institutions like BlackRock, State Street, and Vanguard – manage trillions of dollars of US household financial assets, including public pension funds at the federal, state, and municipal level. The structural power of asset managers means they play a decisive role in corporate decision-making, while the conflicts of interest inherent in their business model and a short-term interpretation of their fiduciary duties mean…
Taking our lives out of their portfolios
Brett Christophers' Our Lives in Their Portfolios documents the rising dominance of asset managers in tangible assets that matter to society, such as housing and infrastructure. He rightly describes the social harm of asset managers who focus on short-term wealth extraction from assets that require long-term investment. Where Christophers focuses less is on another structural question raised: why are the financial assets of working people in publ…
Economic Policies for Innovative Enterprises: Implementing Multi-Stakeholder Corporate Governance
Large corporations dominate economic and social life in the United States and around the globe. The mainstream corporate governance ideology of “shareholder primacy” claims that the exclusive purpose of a corporation is to generate returns for shareholders, which means that governance decisions should be exclusively in their hands. However, shareholder primacy lacks a theory of how companies innovate, and instead focuses solely on allocation of c…
The Contribution of Shareholder Primacy to the Racial Wealth Gap
The US racial wealth gap is substantial and growing, stemming from a history of structural racism and the intergenerational transmission of wealth. This article investigates the role of corporate equity and mutual fund ownership on the racial wealth gap over time. 92.1 percent of US corporate equity and mutual fund value is owned by white households; Black households own 1.5 percent while Hispanic households own 1.9 percent. I use the Federal Res…
Winning battles but losing the war? Labor in the age of finance
Economic Democracy at Work: Why (and How) Workers Should be Represented on US Corporate Boards
Workers should have representation on corporate boards of directors in the United States. Employees are key stakeholders whose contribution is necessary for the success of innovative enterprises. In contrast to the “shareholder primacy” theory of corporate governance, which claims that only shareholders should have decision-making authority, the argument made here is that also granting employees a voice on the corporate board will have positive e…
Public Investment in Home Healthcare in the United States During the Covid-19 Pandemic: A Win-Win Strategy
Home healthcare – to the elderly and those with chronic health conditions – is growing in importance in the COVID-19 pandemic era. In the United States, public investment in home healthcare can be a win-win strategy for public health and economic security. Yet, home healthcare has remained chronically underpaid and neglected in the policy response to the COVID-19 crisis. This article examines the impacts of large-scale public investment in the ho…
Democratizing Investment
Americans have trillions of dollars invested in public and private companies, yet stock ownership is highly unequal: the wealthiest 1 percent of households possess 40 percent of all wealth, and there is a large and persistent racial wealth gap. What if innovations in distributed technologies allowed for democratic facilitation of new opportunities for wealth and a rebalancing of power within the capital markets? This article proposes using innova…
Democratizing Investment
Americans have trillions of dollars invested in public and private companies, yet stock ownership is highly unequal: the wealthiest 1 percent of households possess 40 percent of all wealth, and there is a large and persistent racial wealth gap. What if innovations in distributed technologies allowed for democratic facilitation of new opportunities for wealth and a rebalancing of power within the capital markets? This article proposes using innova…
The Contribution of Shareholder Primacy to the Racial Wealth Gap
The US racial wealth gap is substantial and growing, stemming from a history of structural racism and the intergenerational transmission of wealth. This article investigates the role of corporate equity and mutual fund ownership on the racial wealth gap over time. 92.1 percent of US corporate equity and mutual fund value is owned by white households; Black households own 1.5 percent while Hispanic households own 1.9 percent. I use the Federal Res…
Establishing a public option for asset management in the United States
Asset managers – financial institutions like BlackRock, State Street, and Vanguard – manage trillions of dollars of US household financial assets, including public pension funds at the federal, state, and municipal level. The structural power of asset managers means they play a decisive role in corporate decision-making, while the conflicts of interest inherent in their business model and a short-term interpretation of their fiduciary duties mean…
Public Investment in Home Healthcare in the United States During the Covid-19 Pandemic: A Win-Win Strategy
Home healthcare – to the elderly and those with chronic health conditions – is growing in importance in the COVID-19 pandemic era. In the United States, public investment in home healthcare can be a win-win strategy for public health and economic security. Yet, home healthcare has remained chronically underpaid and neglected in the policy response to the COVID-19 crisis. This article examines the impacts of large-scale public investment in the ho…
Democratizing Investment
Americans have trillions of dollars invested in public and private companies, yet stock ownership is highly unequal: the wealthiest 1 percent of households possess 40 percent of all wealth, and there is a large and persistent racial wealth gap. What if innovations in distributed technologies allowed for democratic facilitation of new opportunities for wealth and a rebalancing of power within the capital markets? This article proposes using innova…
Economic Democracy at Work: Why (and How) Workers Should be Represented on US Corporate Boards
Workers should have representation on corporate boards of directors in the United States. Employees are key stakeholders whose contribution is necessary for the success of innovative enterprises. In contrast to the “shareholder primacy” theory of corporate governance, which claims that only shareholders should have decision-making authority, the argument made here is that also granting employees a voice on the corporate board will have positive e…
Public Investment in Home Healthcare in the United States During the Covid-19 Pandemic: A Win-Win Strategy
Home healthcare – to the elderly and those with chronic health conditions – is growing in importance in the COVID-19 pandemic era. In the United States, public investment in home healthcare can be a win-win strategy for public health and economic security. Yet, home healthcare has remained chronically underpaid and neglected in the policy response to the COVID-19 crisis. This article examines the impacts of large-scale public investment in the ho…
Economic Policies for Innovative Enterprises: Implementing Multi-Stakeholder Corporate Governance
Large corporations dominate economic and social life in the United States and around the globe. The mainstream corporate governance ideology of “shareholder primacy” claims that the exclusive purpose of a corporation is to generate returns for shareholders, which means that governance decisions should be exclusively in their hands. However, shareholder primacy lacks a theory of how companies innovate, and instead focuses solely on allocation of c…
The Contribution of Shareholder Primacy to the Racial Wealth Gap
The US racial wealth gap is substantial and growing, stemming from a history of structural racism and the intergenerational transmission of wealth. This article investigates the role of corporate equity and mutual fund ownership on the racial wealth gap over time. 92.1 percent of US corporate equity and mutual fund value is owned by white households; Black households own 1.5 percent while Hispanic households own 1.9 percent. I use the Federal Res…
Winning battles but losing the war? Labor in the age of finance
Establishing a public option for asset management in the United States
Asset managers – financial institutions like BlackRock, State Street, and Vanguard – manage trillions of dollars of US household financial assets, including public pension funds at the federal, state, and municipal level. The structural power of asset managers means they play a decisive role in corporate decision-making, while the conflicts of interest inherent in their business model and a short-term interpretation of their fiduciary duties mean…
Taking our lives out of their portfolios
Brett Christophers' Our Lives in Their Portfolios documents the rising dominance of asset managers in tangible assets that matter to society, such as housing and infrastructure. He rightly describes the social harm of asset managers who focus on short-term wealth extraction from assets that require long-term investment. Where Christophers focuses less is on another structural question raised: why are the financial assets of working people in publ…
The Potential Macroeconomic Effects of the Build Back Better Care Investments
How Corporate Guardrails Can Improve Industrial Policy for Workers
The auto industry is a central force in the US economy and is in the midst of a profound global transition from gas-powered to electric vehicles. While public investment is necessary for such a complex and urgent transformation of a major sector of the economy, the government's engagement with the auto sector runs into a major challenge: the shareholder primacy orientation in US corporate governance, which allows companies to use the public fundi…
Economics (8 works) · Business (6 works) · Housing, Finance, and Neoliberalism (6 works) · Finance (5 works) · Political science (5 works) · Politics (4 works) · Corporate governance (3 works) · Finance (3 works) · Labour economics (3 works) · Law (3 works)