This paper examines the relation between managerial power and compensation for Chief Executive Officers of S&P 500 companies from 1993 through 2012. We find that more-powerful CEOs earn more than less-powerful CEOs. We refer to this additional compensation as a “power premium” and...

Among the 41 items from five corporate social responsibility dimensions: community, diversity, employee relations, environment, and human rights, we examine which corporate social deeds influence institutional investors' motivated equity ownership most in the U.S. We find that enforcing...

We investigate the relationship between pricing in an initial public offering (IPO) and the prestige of the participating underwriters' law firm. We hypothesize law firm quality affects how law firms perform their obligations in IPOs - more prestigious law firms acting more independently....