We examine if the effectiveness of business tax subsidies varies based on state disclosure
laws. The prior accounting literature on government disclosure documents substantial …

This paper examines the effect of state-level monitoring on municipal governance, focusing
on outcomes in financial reporting quality, local corruption, political entrenchment, and …

We examine how open procurement data affect the competitiveness of award procedures
and the execution of government contracts. The European Union recently made its historical …

The distribution of power in the political system shapes the financial reporting opacity of
banks. Specifically, banks located in states with senators on the Senate Banking Committee …

Approximate Bayesian Computation (ABC) enables statistical inference in simulatorbased
models whose likelihoods are difficult to calculate but easy to simulate from. ABC constructs …

Adaptation is critical in reducing the inevitable impact of climate change. Here we study
cities' adaptation to elevated flood risk by introducing a linguistic measure of adaptation …

This study examines the impact of government spending on CEO equity incentives. Using
changes in US Senate committee chairs as a source of exogenous variation in state-level …

Purpose In this study, we examine regulated public accessibility to municipalities' financial
reports and bond interest cost. In particular, we examine whether there is information content …

This study investigates whether municipal bond prices reflect adverse outcomes (ie, material
noncompliance with laws and regulations and questioned costs) and the interactive effect of …

We use the exogenous nature of political scandals to test whether political connections in
the form of campaign contributions expose firms to reputational risk. We hand‐collect a …