Using a comprehensive hedge fund activism dataset, we find that activist hedge funds are about 52% more likely to target firms with female CEOs compared to firms with male CEOs. We find that firm fundamentals, the existence of a “glass cliff,” gender discrimination bias, and hedge fund...

We investigate how shareholder-and-debtholder conflicts of interest affect corporate tax avoidance using a unique setting of the affiliated and unaffiliated commercial bankers’ board representation. We find that appointing affiliated banker directors, but not unaffiliated banker directors,...

We investigate how shareholder-and-debtholder conflicts of interests affect the corporate tax avoidance using a unique setting of the affiliated and unaffiliated commercial bankers’ board representation. We find that the appointment of affiliated banker directors, but not unaffiliated banker...