We review accounting and finance research on corporate governance (CG). In the course of
our review, we focus on a particularly vexing issue, namely endogeneity in the relationships …

This article reviews tax research related to domestic and multinational capital structure,
payout policy, compensation policy, risk management, and organizational form. For each …

We survey and interview more than 400 executives to determine the factors that drive
reported earnings and disclosure decisions. We find that managers would rather take …

This book is intended to be a practical study guide that complements the growing body of
guidance on research methodology, and in particular complements the specialised niche of …

We survey 885 institutional venture capitalists (VCs) at 681 firms to learn how they make
decisions. Using the framework in Kaplan and Strömberg (2001), we provide detailed …

This paper uses surveys to document CFO perspectives on corporate planning, investment,
capital structure, payout, and shareholder versus stakeholder focus. Comparing policy …

Using governance metrics based on antitakeover provisions and inside ownership, we find
that firms with weaker corporate governance structures actually have smaller cash reserves …

We provide insights into earnings quality from a survey of 169 CFOs of public companies
and in-depth interviews of 12 CFOs and two standard setters. CFOs believe that (i) above all …

We propose that the decision to pay dividends is driven by prevailing investor demand for
dividend payers. Managers cater to investors by paying dividends when investors put a …

We empirically examine whether firms engage in a dynamic rebalancing of their capital
structures while allowing for costly adjustment. We begin by showing that the presence of …