Quality disclosure and certification: Theory and practice
This essay reviews the theoretical and empirical literature on quality disclosure and
certification. After comparing quality disclosure with other quality assurance mechanisms …
certification. After comparing quality disclosure with other quality assurance mechanisms …
Event study methodology in the marketing literature: an overview
Event studies examine stock price movements around corporate events. These events can
be voluntary firm announcements (eg, new product introduction, alliance formation, channel …
be voluntary firm announcements (eg, new product introduction, alliance formation, channel …
[HTML][HTML] The effect of mandatory CSR disclosure on firm profitability and social externalities: Evidence from China
We examine how mandatory disclosure of corporate social responsibility (CSR) impacts firm
performance and social externalities. Our analysis exploits China's 2008 mandate requiring …
performance and social externalities. Our analysis exploits China's 2008 mandate requiring …
The economics of disclosure and financial reporting regulation: Evidence and suggestions for future research
C Leuz, PD Wysocki - Journal of accounting research, 2016 - Wiley Online Library
This paper discusses the empirical literature on the economic consequences of disclosure
and financial reporting regulation, drawing on US and international evidence. Given the …
and financial reporting regulation, drawing on US and international evidence. Given the …
The economic consequences of legal origins
In the last decade, economists have produced a considerable body of research suggesting
that the historical origin of a country's laws is highly correlated with a broad range of its legal …
that the historical origin of a country's laws is highly correlated with a broad range of its legal …
The law and economics of self-dealing
We present a new measure of legal protection of minority shareholders against
expropriation by corporate insiders: the anti-self-dealing index. Assembled with the help of …
expropriation by corporate insiders: the anti-self-dealing index. Assembled with the help of …
The short-run and long-run effects of behavioral interventions: Experimental evidence from energy conservation
We document three remarkable features of the Opower program, in which social comparison-
based home energy reports are repeatedly mailed to more than six million households …
based home energy reports are repeatedly mailed to more than six million households …
International differences in the cost of equity capital: Do legal institutions and securities regulation matter?
This paper examines international differences in firms' cost of equity capital across 40
countries. We analyze whether the effectiveness of a country's legal institutions and …
countries. We analyze whether the effectiveness of a country's legal institutions and …
Information immobility and the home bias puzzle
Many argue that home bias arises because home investors can predict home asset payoffs
more accurately than foreigners can. But why does global information access not eliminate …
more accurately than foreigners can. But why does global information access not eliminate …
Does mandatory adoption of International Financial Reporting Standards in the European Union reduce the cost of equity capital?
S Li - The accounting review, 2010 - publications.aaahq.org
This study examines whether the mandatory adoption of International Financial Reporting
Standards (IFRS) in the European Union (EU) in 2005 reduces the cost of equity capital …
Standards (IFRS) in the European Union (EU) in 2005 reduces the cost of equity capital …