This paper investigates the corporate social responsibility (CSR) structures of US listed
firms. We find evidence of a general tendency towards CSR specialization with almost three …

We empirically examine the effect of top management team (TMT) stability on corporate debt
concentration. Using a sample of A-share listed companies in China from 2003 to 2020, we …

This paper examines how strengthened creditor protection affects the real economy in view
of labor investment efficiency. Exploiting the implementation of the enterprise bankruptcy law …

Academics and practitioners are increasingly concerned about global zombieism, a term
used to describe insolvent firms that survive with the support of financial institutions …

We investigate the effect of board gender diversity (BGD) on investment outcomes. We
identify variation in BGD by compiling, for the first time, a global catalog of 83 BGD …

Leveraging the staggered introduction of specialized bankruptcy courts across China as an
exogenous shock, this study examines the impact of specialized bankruptcy courts on …

Motivated by existing research on the informational and monitoring role of social trust, we
examine how social trust affects firms' choice between bank debt and public debt. Using firm …

We examine how creditor rights affect the trade-off between non-debt and debt tax shields.
Using four bankruptcy reforms and a panel of private and public firms from Italy, we show …

Using the implementation of China's 2011 Social Insurance Law as a quasi-natural
experiment, we apply a difference-in-differences model to test the effect of social insurance …

Comprehensive granular data on firms' access to international credit markets and its
determinants is instrumental to answering a wide set of questions in international …