Based on four empirical studies, this thesis investigates the interrelation of corporate governance, information intermediation, and earnings management. First, the thesis complements the discussion initiated by the European Securities and Market Authorities about the role of proxy advisors at...

Die vorliegende Arbeit erforscht Informationsvorteile durch aktuelle Rechnungslegungsregulierung für gelistete Unternehmen anhand dreier Studien. Aus einer breiteren Marktperspektive leistet die Arbeit einen Beitrag zur Erforschung von Informationsvorteilen aus der Einführung eines...

This paper investigates equity market reactions to the regulation of executive compensation. We exploit a natural experimental setting in Germany, where recent legislation introduces restrictions on the relative amount and on the components of board executive compensation packages, and invokes...

We examine the effects of CSR information on stakeholder decision-making, specifically on supply-chain contracting decisions. To obtain plausibly exogenous variation in CSR information, we exploit the 2017 CSR rating coverage expansion from Russell 1000 to Russell 2000 firms (hereafter,...

Diese Dissertation untersucht die Informationsverbreitungs- und -produktionsfunktion der Medien. Die Finanzpresse ist ein wichtiger Informationsintermediär, welcher potentiell die größte und diverseste Zielgruppe unter den Investoren und anderen Stakeholdern erreicht. Folglich hat die Presse...

The level of regulation of disclosure and corporate governance on the national and supranational level has increased substantially in the last decade. With that in mind, and in the light of the demand for evidence-based financial reporting and disclosure regulation (Buijink, 2006; Gassen and...