Patent attorneys are responsible for obtaining patents that bring the highest expected profits
for their corporate clients. We investigate the role of patent attorney capability in determining …

I show that the decline in interest rates and corporate tax rates over the past three decades
accounts for the majority of the period's exceptional stock market performance. Lower …

When firms have discretion in valuing their balance sheet debt, how do they make this
valuation decision given its impact on firm value? Firms make extensive use of operating …

Despite the importance of green innovation in combating climate change, green patent
announcements do not increase shareholder wealth. This finding persists regardless of …

The new lease standard (ASC 842) allows firms to keep variable leases off-balance-sheet,
in part based on the assumption that future expenses are difficult to estimate reliably. We …

This study examines how the implementation of the new lease accounting standard (ASC
842) affects banks' internal credit ratings for their clients. Leveraging ASC 842's staggered …

Despite the importance of green innovation in fighting climate change, we find that green
patent announcements do not have a positive effect on shareholder wealth. Even green …

The market value of leverage is generally lower than the corresponding book leverage,
displays pronounced time variation, and tends to spike during periods of financial markets …

Patent attorneys are responsible for obtaining patents that bring the highest expected profits
for their corporate clients. We investigate the role of patent attorney capability in determining …

This thesis consists of six chapters which focus on patents and what determines their value.
In the first chapter, I present an overview of the thesis. The second chapter provides …