Why firms from around the world seek to cross-list their shares on overseas exchanges has
intrigued scholars during the past two decades. A general dissatisfaction with the …

We compare US firms' earnings with reconciled earnings for cross-listed non-US firms. Non-
US firms' earnings exhibit more evidence of smoothing, greater tendency to manage towards …

The study tests the functional convergence hypothesis, which states that foreign firms can
leapfrog their countries' weak legal institutions by listing equities in New York and agreeing …

In their seminal survey of corporate governance, Shleifer and Vishny distill the issue into a
blunt question:" How do [the suppliers of finance] make sure that managers do not steal the …

This Article explores the policy bases for, and the political economy of, the law's
longstanding discrimination against corporate political speech. This Article also explores the …

This article considers the extent to which countries or companies can successfully borrow
foreign corporate governance elements to improve their own corporate governance system …

ARTICLES MAKING MARKETS: NETWORK EFFECTS AND THE ROLE OF LAW IN THE
CREATION OF STRONG SECURITIES MARKETS Page 1 ARTICLES MAKING MARKETS …

This Essay tackles a pervasive misperception on the part of regulators that director
independence significantly increases the efficacy of corporate boards. In this Essay, I assert …

ABSTRACT On April 3, 2018, Spotify Technology SA-a music streaming company valued in
excess of $20 billion-went public by direct listing on the New York Stock Exchange (NYSE) …

This Article contributes to the literature by providing evidence for such an effect from an
Israeli regulatory program aimed to lure Is-raeli issuers listed only on US markets to list their …