Armstrong, Christopher S.; Balakrishnan, Karthik; … - In: Journal of Accounting and Economics 53 (2012) 1, pp. 185-204
We examine the relation between corporate governance and firms' information environments. We use the passage of state antitakeover laws in the U.S. as a source of exogenous variation in an important governance mechanism to identify changes in firms' information environments. We find that...