This paper examines how market and political forces interacted to create the American mutual fund industry and its regulation between 1936 and 1942. Contrary to previous scholarly work, this paper argues that the key elements of regulation that now differentiate modern mutual funds from modern...

This independent research delves into one of the most influential topics in recent times – the use of brand value as a financial performance indicator. A firm's financial performance is often the outcome of a complex interaction of forces within the firm, as well as with its external...

This paper demonstrates that intangible assets play an important role in financial policy. Using a proprietary database of consumer brand evaluation, I show that positive consumer attitude toward a firm's products alleviates financial frictions and provides additional net debt capacity, as...