We examine the effects of a law amendment in Israel in 2011 that imposes a set of minimum corporate governance standards on privately held firms that issue...
What are the implications of artificial intelligence (AI) for corporate law? In this essay, we consider the trajectory of AI’s evolution, analyze the...
The global financial crisis highlighted the interconnectedness of international financial markets and the risk of contagion it posed. The crisis also...
We exploit the UK Bribery Act 2010 to test whether the pricing of audit services changes with the risk of the client-firm engaging in bribery. Adopting a...
We show that firms reduce emissions at their local plants following EPA enforcement actions against nearby plants of peer firms operating in the same...
This paper revisits the controversy on regulation and applies its insights to the debate on corporate governance and mutual funds. The general result of...