We document a new channel through which a family business group's internal capital market supports its members. Using data from 44 countries, we provide...
The SEC adopted Regulation FD (Reg FD) to address the selective disclosure by issuers of material nonpublic information. Selective disclosure results...
We find that corporate giving represents a private benefit of control that distorts corporate investment and financing activity, consistent with free...
This Article provides a comprehensive legal analysis of the Federal Reserve’s response to the 2020 economic and financial crisis. First, it examines...