The ‘Kum Ba Yah’ Spirit in Cooperative Economics: A Conversation with George C.C. Parker

November 6, 2025 In this episode of Everything Co-op, Vernon speaks with George G. C. Parker, Dean Witter Distinguished Professor of Finance, Emeritus, at the Stanford Graduate School of Business. Together, they examine the “Kum Ba Yah” spirit of cooperative economics, the yin and yang of cooperative and capitalist models, and how the side-by-side coexistence of these two systems can strengthen and improve both. George G.C. Parker is the Dean Witter Distinguished Professor of Finance, Emeritus, at the Stanford Graduate School of Business, where he has taught in the MBA Program, the MSx Program and executive education since joining the faculty in 1973. He holds an MBA (1962) and PhD (1967) from Stanford, and previously taught finance at Columbia University from 1967-73. Parker’s teaching and research focus on corporate finance, financial institutions management, and corporate governance, and he has authored many case studies and journal articles in these areas. Prior to joining the faculty at Stanford in 1973, Parker was an assistant and associate professor of finance at Columbia University in New York City. Over his distinguished career, he has earned numerous honors including the 2006 Distinguished Teaching Award at Stanford. Parker was the recipient of the 2000 Robert T. Davis Award for Faculty Lifetime Achievement at Stanford Graduate School of Business and the 2006 Distinguished Teaching Award in the Stanford MBA Program. In addition, Parker serves on four boards of directors of listed, publicly traded companies, one mutual fund company, one privately held company, and one nonprofit organization.