The Resignation of David Sokol: Mountain or Molehill for Berkshire Hathaway

Title:

The Resignation of David Sokol: Mountain or Molehill for Berkshire Hathaway

GSB Authors:

David Larcker

Brian Tayan

All Authors:

Larcker, David F.

Tayan, Brian

Date:

2011-04-21

Abstract:

In 2011, David Sokol, CEO of Berkshire Hathaway’s energy subsidiary, purchased $10 million of Lubrizol stock days before recommending that Berkshire Hathaway acquire the firm. Did Sokol’s actions reflect a broad governance failure for the firm?

Publisher:

Corporate Governance Research Initiative

Collection:

Corporate Governance Research Initiative Collections

Faculty Publications

Subject:

Accounting

Corporate Governance

Rights:

Copyright held by David F. Larcker and Brian Tayan. Further inquiries about reproduction and use should be directed to the Corporate Governance Research Initiative.

Format:

PDF

Language:

English

Series:

Stanford Closer Look Series

DOI:

https://doi.org/10.58140/a2gc-br48

Publication Type:

Academic Publications