Firms' Decisions Where to Incorporate
This paper empirically investigates the decisions of publicly traded firms where to incorporate. We study the features of states that make them...
Read moreThis paper empirically investigates the decisions of publicly traded firms where to incorporate. We study the features of states that make them...
Read moreThe primary way in which directors obtain necessary information is by attending board meetings. Bank directors, in particular, are strongly urged to...
Read moreSome members of Congress, the D.C. Circuit, and legal academia are promoting a particular, abstract form of cost-benefit analysis for financial...
Read moreInadequate regulation of the financial system is widely thought to have contributed to the financial crisis. The purpose of the book is to articulate a...
Read moreThe European Commission has proposed a directive on ‘preventive restructuring frameworks’ for financially distressed firms. I demonstrate that...
Read moreRelying on a hand-collected data set of European asset securitizations, we analyze risk retention, a key regulatory reform requirement after the...
Read moreAuditing failures and scandals have become commonplace. In response, reformers (including the Kingman Review in the U.K and a recent report of the...
Read moreDuring the recent COVID-19 pandemic crisis, stock markets around the world have witnessed an abrupt decline in security prices and an unprecedented...
Read moreWe use the enactment of limited liability legislation across Canadian provinces to examine the effect of the change in liability status on firm outcomes...
Read moreWhat is the purpose of a corporation? This fundamental question is as old as corporate law itself and traditionally it is asked with reference to the...
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