The past 25 years have seen an exponential growth in the number of China studies in the
leading accounting journals. The rise in China-related research mirrors the country's …

We survey the literature on global capital allocation. We begin by reviewing the rise of cross-
border investment, the shift toward portfolio investment, and the literature focusing on …

Nonfinancial performance measures, such as environmental, social, and governance (ESG)
measures, are potentially leading indicators of companies' financial performance. In the …

This article reviews the existing literature about the most prevalent form of corporate
ownership around the world: ownership by individuals—particularly founders—and families …

The power of finance vis-à-vis the nonfinancial sector is changing. Macroeconomic
developments and financial innovations have reduced financial actors' exit options, thus …

EU securities regulation has established a taxonomy of environmentally sustainable
activities. This article discusses, from a law and economics standpoint, the potential of this …

In this paper, we show how corporate governance reforms and research have been mutually
reinforcing in emerging markets and propose a research agenda going forward …

We revisit the relationship between foreign investment and productivity of acquired firms.
First, we construct a panel firm-level dataset for eight advanced European countries …

Abstract The first Global Climate Strike on March 15, 2019, represented a historical turning
point in climate activism. We investigate the cross-section of stock price reactions to this …

We conduct a large-scale, nondeceptive field experiment to elicit preferences for
government participation in China's venture capital and private equity market. Our main …