In the last 35 years, research at the intersection of corporate finance, industrial organization,
and organizational economics has grown substantially. This paper reviews work that …

This paper examines whether high-ability managers' earnings smoothing is motivated by the
need to mitigate the adverse effects of heightened information asymmetry triggered by …

We examine the within-and across-firm shipment decisions of tens of thousands of goods-
producing and goods-distributing establishments. This allows us to quantify the normally …

Empirical evidence on the relation between managers and risk is mixed, with data mostly
from developed countries, and aggregated risk measures are used in the study of this …

Integration process performance, capturing the extent to which integration teams realize
their integration milestones, is significant in absorption acquisitions, because it constitutes …

Using data on 10,769 firms across 22 emerging markets, we show that both credit
constraints and weak green management hold back corporate investment in green …

Using Census microdata on 14,000 manufacturing plants, we examine how firms manage
employee retention concerns in response to local wage pressure. We validate our measure …

As climate has changed over the last 4 decades so has awareness of the severe
consequences that such changes can bring. Most companies, however,“are underestimating …

Despite the continuing US hospital merger wave, it remains unclear how mergers change, or
fail to change, hospital behavior and performance. We open the “black box” of hospital …

Based on the serial mergers and acquisitions (M&A) data of Chinese A-share listed
companies from 2010 to 2019, this paper discusses whether there are geographical peer …