In this paper, we offer evidence that disclosure of corporate social responsibility (CSR) in the 10-K provides information about firms' competitive advantages. We create a textual measure of CSR disclosure that aggregates CSR keywords found in 10-Ks. We measure firms' competitive advantages by...

This study investigates the effects on initial public offering (IPO) outcomes of the existence and type of financial expertise of chief executive officers (CEOs) and chief financial officers (CFOs) serving on their own IPO firms' boards. For brevity we refer to these executives as executive...

The persistent downturn in productivity growth during the past two decades has cast doubts on global economic prospects. Frequently cited causes include a dearth of productivity-enhancing ideas, an aging population, and a shift to service-based economies. While we acknowledge the role each of...