Value
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Growing Up Under Mao and Deng: On the Ideological Determinants of Corporate Policies
Throughout history, economic activities have been fundamentally shaped by ideology.
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Does Bankruptcy Risk Increase Value? Puzzles and Diversification
We usually compare the market price of different companies thinking we are comparing their fundamental values.
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The Intangibles Song in Takeover Announcements: Good Tempo, Hollow Tune
Takeovers are major corporate actions; they significantly impact the future of the acquiring company.
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Shadow Pills and Long-Term Firm Value
Whether antitakeover defenses are beneficial or inimical to shareholder interests is the subject of a perennial debate in the corporate f