Sustainability and CSR have become an integral part of business media across the continents. Despite the considerable amount of research done in this domain, CSR remains so far, a field of study within the broader discipline of Management. It is often defined as an ideology that pursues to...

We document that textual discussions in a sample of 363,952 analyst reports provide information to investors beyond that in the contemporaneously released earnings forecasts, stock recommendations, and target prices, and also assist investors in interpreting these signals. Cross-sectionally, we...

We investigate whether and how the federal judiciary affects corporate tax planning. We find that firms engage in less aggressive tax planning when Circuit Court and Tax Court judges are more liberal. This effect is economically significant and robust across various measures of tax planning. We...