While it is difficult to foresee the triggers for crisis, continuous monitoring and assessment of the buildup of risks need to be an integral part of any policy framework for maintaining overall economic and financial stability. This paper is an attempt in that direction. This paper initially...

Despite the prominence of management consulting firms, there is little systematic evidence in the finance and economic literature of their impact on corporate performance. This paper assembles a unique dataset of companies that announce their relationships with a management consulting firm...