Using natural language processing, we identify and categorize the corporate goals in the shareholder letters of the 150 largest companies in the United...
Corporate governance may be on the verge of entering a new stage. After the managerialism that dominated the view of the corporation into the 1970s and the...
Public attention to a firm may provide valuable monitoring, but it may also have a dark side by constraining management’s decisions and distracting...
We provide the first systematic evidence of contractual innovation in the terms of poison pill plans. In response to the increase in hedge fund activism,...