In this paper, we investigate the relation between firm-level corporate governance and firm value based on a large and previously unused dataset from Governance Metrics International (GMI) comprising 6,663 firm-year observations from 22 developed countries over the period from 2003 to 2007....

This paper examines how personal taxes affect the pricing of stocks that are simultaneously listed and traded on multiple exchanges around the globe and what role cross-country arbitrage plays in the dissipation of any such effect. Specifically, we study how an unexpected reduction in U.S....