The William Davidson Institute is a non-profit, independent, educational, research and policy institute established at the University of Michigan Business School in 1992. Integrating research, management training, and practical project-based assistance, the Institute offers unique opportunities to companies operating in transition/emerging economies. The objective of the Institute is to develop knowledge and capability that will help improve policy towards the effectiveness of firms and their business environment. The Davidson Institute conducts research on a wide range of business and economic issues related to transition/emerging economies. The faculty lead many initiatives including Accounting and Performance Measurement, Banking and Investment, Corporate Governance, Finance, Foreign Investment, Trade and Productivity, Labor Economics & Human Resources, Marketing and Organizational Change. Each year, the Institute holds several research conferences featuring academic, government, and business speakers. The Institute has programs ranging from seminar series to visiting scholar programs and a working paper series showcasing research results. The Davidson Institute offers Business Assistance Projects to companies seeking assistance in a key area of their operations. The Institute works with companies to establish a project focus. Under the guidance of the Institute’s faculty and staff, multi-functional teams of MBA graduate students are selected to work abroad at the partner company to analyze specific business issues and make recommendations for improvement. The Institute has completed over 70 projects with over 40 companies in 13 different countries. The Davidson Institute conducts executive education programs geared to the specific needs of companies operating in transition/emerging economies. Programs train local senior-level managers or address the needs of multinational firms exploring entry into these regions. The Institute’s faculty works with companies to identify needs and design program content. These programs have provided management training to over 600 managers.