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<p>This document contains presentation slides for the American Finance Association's Presidential Address of January 4, 2020. The address is based on the paper "Social Transmission Bias in Economics and Finance."</p><p>The paper: "https://ssrn.com/abstract=3550880" https://ssrn.com/abstract=3550880...</p>
Persistent link: https://www.econbiz.de/10012844892
The regulation of corpora ... …
Persistent link: https://www.econbiz.de/10012927807
Purpose – This paper aims to examine the relationship between corporate governance, corruption and disclosure of … report was individually examined and coded to obtain the disclosure of forward-looking information index. Descriptive … governance factors on transparency and disclosure of forward-looking information. This study contributes to the literature on the …
Persistent link: https://www.econbiz.de/10012955478
This paper examines the relationship between firm performance and the recommendations provided by proxy advisory firms in the United States, regarding shareholder votes in stock option exchange programs. Using a comprehensive sample of stock option exchanges announced between 2004 and 2009, we...
Persistent link: https://www.econbiz.de/10013093579
systemic risk, the article focuses on one critical aspect of hedge fund regulation, namely the choice between direct regulation …This article studies the regulatory strategies to address the potential systemic risk of hedge funds operation in … and indirect regulation. Having defined the distinction between direct and indirect regulation, also mapping its …
Persistent link: https://www.econbiz.de/10013035084
This chapter provides a critical review and survey of aspects of formal and informal contracting particularly relevant to the study of corporate governance. Two types of modeling, hidden-information agency and informal (relational) contracting that are perhaps under-utilized in governance...
Persistent link: https://www.econbiz.de/10014023373
Since August 1998, Russia has been suffering from a severe banking crisis. In finding a solution, two peculiarities of the Russian economy need to be taken into account: the substantial foreign liabilities of commercial banks and the failure of the government to service its liabilities. Apart...
Persistent link: https://www.econbiz.de/10011475137
insurance by strictly-risk averse agents and risk-neutral firms when they enjoy limited liability. When exposed to a bankrupting …
Persistent link: https://www.econbiz.de/10012614542
Since August 1998, Russia has been suffering from a severe banking crisis. In finding a solution, two peculiarities of the Russian economy need to be taken into account: the substantial foreign liabilities of commercial banks and the failure of the government to service its liabilities. Apart...
Persistent link: https://www.econbiz.de/10010260518
Persistent link: https://www.econbiz.de/10010237710