The Adam Smith Professorship in Corporate Governance is an endowed chair established at the University of Cambridge, assigned to the Cambridge Judge Business School. It is one of many endowed chairs at Cambridge.
From 2001 until 2011 the chair was named the Robert Monks Professorship in Corporate Governance, after Robert A. G. Monks. The professorship was established in 2001 by a gift of US$4,000,000 from the Tyco Corporation of the United States of America and its CEO, Dennis Kozlowski. However, in 2002 after Tyco and Kozlowski became embroiled in a financial scandal [1] based in part on lavish personal spending of corporate funds including the gift to Cambridge, [2] Cambridge was pressured to return the donation. [3] The university ended up keeping the money, but the scandal tainted the chair and made it difficult to find qualified professors to hold it. [2] In 2011, the university renamed the chair after Adam Smith, acting on a request from Robert Monks. [4]
Gresham College is an institution of higher learning located at Barnard's Inn Hall off Holborn in Central London, England. It does not enroll students or award degrees. It was founded in 1596 under the will of Sir Thomas Gresham, and hosts over 140 free public lectures every year. Since 2001, all lectures have also been made available online.
Tyco International plc was a security systems company incorporated in the Republic of Ireland, with operational headquarters in Princeton, New Jersey, United States. Tyco International was composed of two major business segments: security solutions and fire protection.
The Serena Professorship of Italian is the senior professorship in the study of Italian language, literature and culture at the University of Cambridge, University of Oxford, University of Manchester and University of Birmingham. At Cambridge, it was founded in 1917 by a donation of £10,000 from Arthur Serena, a shipbroker and son of the Venetian patriot Leone Serena. He also endowed the Serena Medal awarded annually by the British Academy for furtherance of the study of Italian history, philosophy, music, literature, art and economics.
A financial endowment is a legal structure for managing, and in many cases indefinitely perpetuating, a pool of financial, real estate, or other investments for a specific purpose according to the will of its founders and donors. Endowments are often structured so that the inflation-adjusted principal or "corpus" value is kept intact, while a portion of the fund can be spent each year, utilizing a prudent spending policy.
Leo Dennis Kozlowski is a former CEO of Tyco International, convicted in 2005 of crimes related to his receipt of $81 million in unauthorized bonuses, the purchase of art for $14.725 million and the payment by Tyco of a $20 million investment banking fee to Frank Walsh, a former Tyco director.
The White's Chair of Moral Philosophy was endowed in 1621 by Thomas White, Canon of Christ Church as the oldest professorial post in philosophy at the University of Oxford.
The Professor of Logic and Rhetoric is a professorship at the University of Glasgow. The Nova Erectio of King James VI of Scotland shared the teaching of moral philosophy, logic and natural philosophy among the Regents.
The Adam Smith Chair of Political Economy is a chair at the University of Glasgow, named for Adam Smith, pioneering economist, author of The Wealth of Nations, and one of the university's most famous sons. It was established in 1896 from a lectureship which had been endowed in 1892 by Andrew Stewart, founder of Stewarts & Lloyds tube-manufacturers. Occupants are appointed by the University Court acting with a representative of the Merchants' House of Glasgow, the Trades House of Glasgow and the Chamber of Commerce of Glasgow.
Richard William "Ric" Weiland was a computer software pioneer, programmer and philanthropist. He was the second employee at Microsoft Corporation, joining the company during his final year at Stanford University. At 35, he left Microsoft to focus his time on investment management and philanthropy, becoming a quiet but well-respected donor to the LGBTQ social justice movement, the environment, health and human services, and education. After his death, the Chronicle of Philanthropy called Weiland's bequest the 11th largest charitable gift in the nation with more than $165 million distributed between 20 nonprofit beneficiaries.
The Charles H. Kellstadt Graduate School of Business is part of the DePaul University Driehaus College of Business, a business school located in the Chicago Loop, Illinois, United States. The Driehaus College of Business was founded in 1912 and is one of the ten oldest business schools in the U.S. The school is accredited by the Association to Advance Collegiate Schools of Business-International. In the fall of 2012, Kellstadt enrolled 2,107 students.
Robert Augustus Gardner Monks is an American shareholder activist and co-founder of Institutional Shareholder Services, Lens Investment Management, Lens Governance Advisors and The Corporate Library. He is the author of Corpocracy and The New Global Investors and, with Nell Minow, Watching the Watchers, Corporate Governance and Power & Accountability. He was the Republican nominee for the U.S. Senate from Maine in 1976, losing in a landslide to Democratic Senator Edmund Muskie. He again ran for Senate in 1996, but lost that Republican primary to Susan Collins. He also unsuccessfully challenged longtime Republican Senator Margaret Chase Smith in the 1972 Republican primary.
Review of the role and effectiveness of non-executive directors was a report chaired by Derek Higgs on corporate governance commissioned by the UK government, published on 20 January 2003. It reviewed the role and effectiveness of non-executive directors and of the audit committee, aiming at improving and strengthening the existing Combined Code.
The Shell Professor of Chemical Engineering is an endowed chair in chemical engineering at the University of Cambridge, one of many endowed chairs at Cambridge.
The Montague Burton Professorship of International Relations is a named chair at the University of Oxford and the London School of Economics and Political Science. Created by the endowment of Montague Burton in UK universities, the Oxford chair was established in 1930 and is associated with a Fellowship of Balliol College, Oxford, while the chair at LSE was established in 1936.
Gishan Dissanaike is a financial economist and holds the Adam Smith Professorial Chair in Corporate Governance at the University of Cambridge. He was, until recently, the Head of the Finance & Accounting Subject Group at Cambridge University’s Judge Business School. He was also the Director of the Cambridge MPhil Programme in Finance, a cross-faculty programme involving three faculties - the Faculty of Economics, Faculty of Mathematics and Cambridge Judge Business School. He is the son of George Dissanaike.
The Perkins Professorship of Astronomy and Mathematics is an endowed professorship established at Harvard College in 1842 by James Perkins, Jr., (1761–1822).
The Faculty of Classics is one of the constituent departments of the University of Cambridge. It teaches the Classical Tripos. The Faculty is divided into five caucuses ; literature, ancient philosophy, ancient history, Classical art and archaeology, linguistics, and interdisciplinary studies.
The Faculty of History is one of the constituent departments of the University of Cambridge.
The Cyrus Fogg Brackett Chair of Physics is an endowed professorship established at Princeton University in 1927 by a donation from Thomas D. Jones in honor of Cyrus Fogg Brackett (1833–1915), who was a professor of physics at Princeton University and founder of Princeton University's electrical engineering department.