University of Southern California

John Matsusaka
Charles F. Sexton Chair in American Enterprise, Professor of Finance and Business Economics, & Executive Director of Initiative and Referendum Institute

USC Marshall School of Business
Los Angeles, CA 90089-0808

PhD, MA, University of Chicago; BA, University of Washington


John Matsusaka is an expert on direct democracy and corporate organization who publishes in economics, finance, law, and political science. He is the author of For the Many or the Few: The Initiative, Public Policy, and American Democracy. Professor Matsusaka provides commentary to media outlets including ABC News, CNN, Fox News, NPR, Wall Street Journal, New York Times, Washington Post, USA Today, and Los Angeles Times. He is executive director of the Initiative and Referendum Institute, held visiting appointments at Stanford, UCLA, Caltech, and University of Chicago, and consulted for the White House Council of Economic Advisors.


2012 Ballot Propositions 2013
Managerial Accommodation, Proxy Access, and the Cost of Shareholder Empowerment 2013
2011 Ballot Propositions 2012
When Are Outside Directors Effective? 2010
2009 Ballot Propositions 2010
A Case Study in Direct Democracy: Have Voter Initiatives Paralyzed the California Budget? 2010
Aggressive Enforcement of the Single Subject Rule 2010
Direct Democracy and Public Employees 2009
From Families to Formal Contracts: An Approach to Development 2009
2008 Ballot Propositions 2009
Direct Democracy and the Executive Branch 2008
For the Many or the Few: The Initiative, Public Policy, and American Democracy 2004
I&R in American Cities: Basic Patterns 2003
Corporate Diversification, Value Maximization, and Organizational Capabilities 2001
Fiscal Effects of the Voter Initiative: Evidence from the Last 30 Years 1995
Takeover Motives during the Conglomerate Merger Wave 1993
Economics of Direct Legislation 1992
2010 Ballot Propositions