A fundamental shift in how privacy and confidentiality are treated has emerged within many organizations. As a result, privacy and confidentiality pose many risks to an organization. Yet they are rarely viewed from a risk-based perspective. This paper examines the impact of privacy and...

This study fills a gap in the academic literature by examining the willingness of firms to utilize the Internet to conduct a securities offering without an underwriter, thereby replacing the traditional book-built offering. Through both qualitative and quantitative data collection, we find that...

This paper uses a transactions economics theory of financial governance to reconcile and integrate the evidence on inter‐ and intra‐country differences in corporate finance and corporate governance. We argue that one reason for the competitive advantage demonstrated by Japan in recent years...