We review and assess research findings from more than 120 papers in accounting, finance,
and law to evaluate the impact of the Sarbanes-Oxley Act. We describe significant …

The use of evidence and economic analysis in policymaking is on the rise, and accounting
standard setting and financial regulation are no exception. This article discusses the …

Venture capital is associated with some of the most high-growth and influential firms in the
world. Academics and practitioners have effectively articulated the strengths of the venture …

This paper discusses the empirical literature on the economic consequences of disclosure
and financial reporting regulation, drawing on US and international evidence. Given the …

In 2013, a new law required Indian firms, which satisfy certain profitability, net worth, and
size thresholds, to spend at least 2% of their net income on corporate social responsibility …

We show that firms׳ ability to avoid taxes is affected by the quality of their internal information
environment, with lower effective tax rates (ETRs) for firms that have high internal …

During 1980–2000, an average of 310 companies per year went public in the United States.
Since 2000, the average has been only 99 initial public offerings (IPOs) per year, with the …

Although recent research documents a positive relation between corporate transparency
and the proportion of independent directors, the direction of causality is unclear. We …

We study shock-based methods for credible causal inference in corporate finance research.
We focus on corporate governance research, survey 13,461 papers published between …

Public firms provide a large amount of information through their disclosures. In addition,
information intermediaries publicly analyze, discuss, and disseminate these disclosures …