We provide a theoretical analysis of the relationship between investor protection and the performance of corporations with concentrated ownership and apply it to analyze two types of investor protection. First, we analyze the cost and benefits of imposing super-majority requirements on certain...

The spring load restriction policy of Minnesota has been in effect for over 50 years with little consideration given to the cost that it imposes on the freight industry. A cost-benefit study was recently commissioned to examine the policy. The cost-benefit analysis required a precise estimate of...