We study the impact of underwriter competition on corporate bond contracts. We develop a new measure of underwriter … that lack of underwriter competition results in material costs for corporate bond issuers …

behind governance transparency is product market competition. Tougher competition leads to more firms competing for funding …

product markets. Using various proxies for product market competition, and reductions of import tariffs to capture exogenous … changes to a firm's competitive environment, I find that competition has a significantly positive effect on the cost of bank … debt. Moreover, the analysis reveals that the effect of competition is greater in industries in which firms face …

market competition. In markets with effective competition, horizontal multiple directorships turn out to be an efficient … firms have no significant influence on financial performance, irrespective of the level of competition intensity …

market competition affects the economic gain firms can obtain from innovation. Empirical evidence is lacking because the … innovation value is not observable, and the innovation-competition relationship is endogenous. This paper adopts a stock market … empirical challenges. Empirical analyses suggest a negative relationship between market competition and patent value and that a …