Purpose: Exploiting an exogenous regulatory shock and a novel measure of asset redeployability, this paper aims to explore the effect of independent directors on asset redeployability. In particular, the authors use an innovative measure of asset redeployability recently developed by Kim and...

Purpose: Exploiting an exogenous regulatory shock and a novel measure of asset redeployability, we explore the effect of independent directors on asset redeployability. In particular, we employ an innovative measure of asset redeployability recently developed by Kim and Kung (2017). This novel...

Purpose: We investigate the effect of uncertain times on LGBT-supportive corporate policies, exploiting a novel text-based measure of economic policy uncertainty (EPU) recently constructed by Baker et al. (2016). LGBT-supportive policies have attracted a great deal of attention in the media...