This course focuses on the firm's strategic interactions with nonmarket players, like politicians, regulators and bureaucrats. These players work within the public institutions that determine the 'rules of the game' for market activity. Their interventions, like passing a new piece of legislation or writing new regulatory standards, shape market competition and the opportunities available to firms. The goal of the course is to build a deeper understanding of and appreciation for what goes on beyond the market, and to develop tools and frameworks with which to analyze it. We will focus on building integrated strategies for optimal firm performance that combine elements from within and beyond markets. The course is case-based, drawing on case studies from a variety of countries and institutional environments.
3 units · GSB Letter Graded
This course focuses on the firm's strategic interactions with nonmarket players, like politicians, regulators and bureaucrats. These players work within the public institutions that determine the 'rules of the game' for market activity. Their interventions, like passing a new piece of legislation or writing new regulatory standards, shape market competition and the opportunities available to firms. The goal of the course is to build a deeper understanding of and appreciation for what goes on beyond the market, and to develop tools and frameworks with which to analyze it. We will focus on building integrated strategies for optimal firm performance that combine elements from within and beyond markets. The course is case-based, drawing on case studies from a variety of countries and institutional environments.
Offered in Winter 2027 at Stanford University.