An important tenet of a burgeoning 'law and finance' literature is that stock market development is contingent upon corporate law offering ample protection to shareholders. This paper addresses this claim, using as its departure point developments occurring in the United States between 1930 and...

This article deals with the latest developments in the regulation of cross-border tender offers in the U.S., in Germany, and in the European Union. In the U.S. the SEC issued a new release concerning Cross-Border Tender and Exchange Offers, Business Combinations and Rights Offerings. The new...

Stock and bond returns since 1802 -- Risk, return, and portfolio allocation : why stocks are less risky than bonds in the long-run -- Stock indexes: proxies for the market -- The S&P 500 index: a half-century of U.S. corporate history -- The impact of taxes on stock and bond returns : stocks...