Now showing items 61-70 of 241
Corporate Tax Evasion with Agency Costs
(2003)
This paper examines corporate tax evasion in the context of the contractual relationship between the shareholders of a firm and a tax manager who possesses private information regarding the extent of legally permissible ...
Government Sponsored Enterprises and Resource Allocation: With Some Implications for Urban Economies
(2007-01)
About half of the money that finances housing in the U.S comes from three government-related “Agencies:” two government-sponsored enterprises (GSEs): Fannie Mae and Freddie Mac, and a government owned enterprise, Ginnie ...
Capital Liquidity, Productivity Dispersion and Market Structure
(2007-05)
We propose an industry-level index of capital liquidity -- defined as the share of used capital in aggregate industry capital expenditure -- that relates (inversely) to sunkenness of capital investment. We then test the ...
Assessment of the Construct Validity of Environmental Strategy Measures
(2008-05)
The natural-resource-based view of the firm is emerging to be a dominant paradigm for understanding the intersection of strategic management and the natural environment. Firms that proactively incorporate a natural ...
The Future of the Attorney-Client Privilege in Corporate Criminal Investigations
(2009-07)
This manuscript discusses how the Department of Justice (DOJ) has viewed waiver of the attorney-client privilege as an important factor evidencing cooperation when determining whether to enter non-prosecution or deferred ...
Annual Report Readability, Earnings, and Stock Returns
(2006)
This paper examines the relationship between annual report readability and firm performance. This is motivated by the Securities and Exchange Commission’s plain English disclosure regulations that attempt to make corporate ...