We examine the market reaction to business method patents granted to publicly traded firms. Our findings suggest that the "State Street" decision represents a turning point not only for the growth in the number of business method patent filings, but also in the market's awareness and perception...

Since 2000, "Business Ethics" magazine has published a list of the 100 Best Corporate Citizens. Our event study finds significant positive abnormal returns for new companies added to the annual listing on the press release date of the survey, both initially and in subsequent survey releases....

This paper examines the impact of announcements of dividend changes by bank holding companies (BHCs) on equity returns. Many empirical studies of dividend behavior reveal positive market responses to dividend increases, which have been interpreted as confirmation of the signaling theory of...