Administration

203.432.9689
stephen.m.davis@yale.edu

Stephen M. Davis, Ph.D. is Project Director and Lecturer at the Yale University School of Management’s Millstein Center for Corporate Governance and Performance. He oversees global programming, covering capital markets, mutual fund governance, corporate board chairmanship, board-shareowner communications, voting standards and the Tomorrow’s Investor project.

Dr. Davis’s book (with Jon Lukomnik and David Pitt-Watson) The New Capitalists: How Citizen Investors are Reshaping the Corporate Agenda (Harvard Business School Press, 2006) was named by the Wall Street Journal, Financial Times and Australian Financial Review as one of the best business books of 2006. Davis is president of Davis Global Advisors, which consults to institutional investors, professional associations and international organizations. Davis founded and edits the weekly Global Proxy Watch newsletter, now owned by Newsmarkets. He is a member of the board of EOS, the shareowner engagement arm of Hermes Pensions Management, the UK’s largest retirement fund, of the International Investment Advisory Board of NYSE Euronext, and the advisory board of Cartica Capital. Davis co-chaired The Conference Board’s Working Group on Hedge Funds and is a member of the National Association of Corporate Directors’ Blue Ribbon Commission on Board and Shareholder Communications. He has also written regular opinion columns for the Financial Times and Compliance Week and is a frequent media commentator on corporate governance. He has testified on corporate governance and foreign policy at US congressional hearings. Davis was named by Directorship as among the 100 most influential figures in corporate governance. He is a Fellow of the Royal Society for the encouragement of Arts, Manufactures & Commerce.

Before establishing DGA, in 1988, Davis pioneered the field of international corporate governance when he founded the global unit at the IRRC, in Washington, DC. His Shareholder Rights Abroad: A Handbook for the Global Investor (1989) was the first study comparing corporate governance practices in top markets. He has been a founding partner in GovernanceMetrics International and g3 [global governance group], a partnership working with the World Bank Group. Dr. Davis is a co-founder of the International Corporate Governance Network, which represents the interests of institutional shareowners with US$10 trillion in assets, and served as its governor between 2000 and 2003. He was named as ICGN representative to the OECD. Dr. Davis was a member of the UNEP steering group which produced global Principles for Responsible Investment and former UK Prime Minister Tony Blair’s Policy Network working group on economic reform. Dr. Davis earned his doctorate in international business and security studies at the Fletcher School of Law and Diplomacy, Tufts University and completed undergraduate studies at Tufts and the London School of Economics. Other books include Apartheid’s Rebels: Inside South Africa’s Hidden War (Yale University Press, 1987), which was nominated for a Pulitzer Prize.