How do Executives Exercise Their Stock Options?
We analyze how 14,000 US top executives exercise their stock options. Factors suggested by existing theories have low or moderate explanatory power....
Read moreWe analyze how 14,000 US top executives exercise their stock options. Factors suggested by existing theories have low or moderate explanatory power....
Read moreThis Article provides a comprehensive legal analysis of the Federal Reserve’s response to the 2020 economic and financial crisis. First, it examines...
Read moreThe disclosure of inside information is a core component of EU capital market regulation. It underpins the market abuse regime, providing information...
Read moreEvent studies, a half-century-old approach to measuring the effect of events on stock prices, are now ubiquitous in securities fraud litigation. In...
Read moreMost securities fraud class actions under SEC Rule 10b-5 involve revelation of negative information about the defendant company that should have been...
Read moreWe explore differences in the levels of dispersed ownership that lead to a second returns-based free float hedging factor, which augments the capital...
Read moreThis paper explores the concept of abuse of law in the context of the choice of the state or country of incorporation: Can the choice of a particular...
Read moreLarge business enterprises, from the railroad barons of nineteenth century America to Amazon and Google today, are often perceived as important for...
Read moreWe empirically examine whether and how the doctrine of enhanced judicial scrutiny that emerged from Revlon and its progeny actually affects M&A...
Read moreA high profile public debate is taking place over one of the oldest questions in corporate law, namely, “For whom is the corporation managed?” In...
Read moreEU policy-makers have focused on the creation of a “Capital Market Union” to advance the economic vitality of the EU in the aftermath of the Global...
Read moreShareholder inspection rights allow a shareholder to access the relevant documents of the company in which they hold an interest, so as to address the...
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