The worldwide expansion of institutional investors’ share of public equity has given a new impetus to the discussion of the corporate gov

The board of directors is the highest decision-making authority in a corporation. But sometimes boards struggle to make decisions.

A large empirical literature studies the effects of U.S.

The interaction between household finance and corporate finance may be particularly strong in private firms.

INVITATION AND CALL FOR PAPERS

Over the last 15 years and especially since the global financial crisis, investors around the world have been increasingly paying attenti

In our paper ‘It’s Not So Bad: Director Bankruptcy Experience and Corporate Risk Taking,” we evaluate the extent to which a director’s co

A variety of professional data vendors nowadays provide firm-level Environmental, Social, and Governance (ESG) ratings (or scores).

While disclosure regulation is often viewed as critical in promoting capital formation and the well-functioning of capital markets, tight

In this paper we revisit a classic idea in finance and economics, namely the hypothesis that dividend changes convey information about fi

Modern finance is fast moving, complex, and the source of pervasive unknowns.