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 …

Abstract Research Question/Issue Over the last decades, research on the relationship
between national institutions, governance mechanisms, and firm outcomes has been …

Firm innovation drives both firm competitiveness and economic growth. Constructing a novel
firm-patent panel database from 29 countries, I find that transparency directly boosts …

In recent years, companies' responsibilities towards society have expanded significantly,
and former business models have been revised in line with a more pluralist approach, which …

We examine whether institutional investors affect corporate governance by analyzing
portfolio holdings of institutions in companies from 23 countries during the period 2003 …

We examine the impact of corporate board reforms on firm value in 41 countries. Using a
difference-in-differences design, we find that board reforms increase firm value. Reforms …

The aim of this study is to analyse the possible relationship between integrated information
disclosure and the degree of information asymmetry. Additionally, we analyse this …

We examine whether an increase in ETF ownership is accompanied by a decline in pricing
efficiency for the underlying component securities. Our tests show an increase in ETF …

The primary objective of this paper is to examine the associations among managerial ability,
political connections and enforcement actions for financial reporting misrepresentation …

This paper examines the effect of the mandatory adoption of International Financial
Reporting Standards (IFRS) by the European Union on financial analysts' information …