In this volume, specialists from traditionally separate areas in economics and finance investigate issues at the conjunction of their fields. They argue that financial decisions of the firm can affect real economic activity-and this is true for enough firms and consumers to have significant...

Over-the-counter (OTC) markets for derivatives, collateralized debt obligations, and repurchase agreements played a significant role in the global financial crisis. Rather than being traded through a centralized institution such as a stock exchange, OTC trades are negotiated privately between...

Cover -- EDITORIAL ADVISORY BOARD -- Guest editorial -- Firm-specific corporate governance and analysts' earnings forecast characteristics -- Gender diversity in employees and discretionary accruals: the Korean evidence -- SOX 404 and debt contracting value of accounting information -- A review...