This paper examines the effects of firm-level common ownership on the level and efficiency of investment when firms face uncertainty. There is a current debate about the costs and benefits of common ownership, whereby a firm owns large stakes in multiple companies in the same industry. Critics...

I examine whether telecommuting, a work arrangement in which employees do not travel to a workplace, affects the acquisition of new information in an environment where thorough search and acquisition of information are essential. On the one hand, telecommuting may impede information acquisition...