Karthik Ramanna

Karthik Ramanna is Professor of Business & Public Policy and Director of the Master of Public Policy Program at the University of Oxford’s Blavatnik School of Government.^[1]

Ramanna's scholarship has explored regulation and decision-making at the Financial Accounting Standards Board and the International Accounting Standards Board.^[2] He has also written about the costs and benefits of fair value accounting.^[3] His 2015 book Political Standards posits that accounting rule-making is an exemplar of a "thin political market," a regulatory setting of economic consequence in which the general public is largely disinterested and where corporate special interests possess relevant tacit knowledge. This situation can result in regulatory capture.^[4]

Ramanna is a proponent of reforming business ethics education, arguing that corporate managers have unique capabilities and duties to steward the basic institutions of capitalism.^[5] Prior to Oxford, Ramanna taught leadership, ethics, and financial reporting at Harvard Business School, where he won the International Case Centre’s Outstanding Case-Writer prize, dubbed by the Financial Times as “the business school Oscars.”^[6]

Publications

• Ramanna, K. Political Standards: Corporate Interest, Ideology, and Leadership in the Shaping of Accounting Rules for the Market Economy, Chicago: University of Chicago Press, 2015; ISBN 0-2262-1074-X

References

External links

• Blavatnik School of Government, University of Oxford
• Harvard Business School
• The Case Centre