Using an event study, we examine whether the stock market considers corporate lobbying to be a value-enhancing investment. On January 3, 2006, lobbyist...
Using a novel text-based measure of top management team diversity, covering over 70,000 top executives in over 6,500 U.S. firms from 1999 to 2014, we show...
A half century ago, corporate legal theory pursued an institutional vision in which corporations and the law that creates them protect people from...Read more
Recent regulatory reforms in advanced economies have empowered shareholders by letting them vote on executive compensation, corporate transactions...Read more
Today's changing global businesses and corporate environments have brought about a new wave of corporate social responsibility (CSR) activities....Read more