Reputation

Working Paper

04 June 2021

Boosting International Investment: The Role of Expert Assessments of Corporate Governance

Global investors often demand independent assessments of firms’ governance mechanisms. However, the supply of such evaluations is subject to two important limitations: assessment error and lack of coverage in certain regions....

Pietro Bonetti | Gaizka Ormazabal
01 September 2014

Zealous Advocates or Self-interested Actors? Assessing the Value of Plaintiffs? Law Firms in Merger Litigation

Using a hand-collected sample of 1,739 class actions that challenge the fairness of M&A transactions from the period 2003 through 2012, we examine the effectiveness of plaintiffs? law firms. We divide plaintiff law firms into...

C.N.V. Krishnan | Steven Davidoff Solomon | Randall Thomas
27 August 2017

What Makes the Bonding Stick? A Natural Experiment Testing the Legal Bonding Hypothesis

We use a US Supreme Court case, Morrison v. National Australia Bank (2010), as a natural experiment to test the legal bonding hypothesis. By decreasing the potential liability of US-listed foreign firms, particularly due to class...

Amir Licht | Christopher Poliquin | Jordan Siegel | Xi Li
13 February 2021

Climate Regulation and Emissions Abatement: Theory and Evidence from Firms’ Disclosures

We construct measures of firms' beliefs about climate regulation, plans for future abatement, and current emissions mitigation from responses to the Carbon Disclosure Project. These measures vary in a pronounced, distinctive...

Tarun Ramadorai | Federica Zeni

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