and the National Bureau of Economic Research (NBER), reviews and comments on the state of corporate governance research … governance project. Each of the papers represents state-of-the-art research in an important area of corporate governance research …

markets, such as natural disasters, terrorist attacks, and financial crises--as a problem of risk management. This is …

organization; and relationships with limited partners. In selecting investments, VCs see the management team as more important than …

, holding fixed firm size, soft information also favors flatter organizations with fewer layers of management. In contrast …, large hierarchical firms with multiple layers of management are at a comparative advantage when information can be …This paper assesses different organizational forms in terms of their ability to generate information about investment …

We introduce information frictions into a tractable quantitative multi-country multi-sector model with global value …' information sets with new quarterly data containing the frequencies of country-industry-specific economic news reports by 11 … information frictions are amplified by the global production network. These information frictions appear as correlated labor …

resistant to retractions (the revoking of earlier information). Our experimental design allows us to identify updating from … retractions - unlearning - and to compare it with updating from equivalent new information - learning. Across different kinds of … from equivalent new information. While we document a number of well-known biases in belief updating in our data, our …

A model of interest rate movements in response to new information on the money stock is developed.The model, which …