AW Lo, RT Thakor - Annual Review of Financial Economics, 2022 - annualreviews.org
We review the recent literature on financing biomedical innovation, with a specific focus on the drug development process and how it may be enhanced to improve outcomes. We begin …
C Leuz, PD Wysocki - Journal of accounting research, 2016 - Wiley Online Library
This paper discusses the empirical literature on the economic consequences of disclosure and financial reporting regulation, drawing on US and international evidence. Given the …
OK Hope, D Hu, H Lu - Review of Accounting Studies, 2016 - Springer
Practitioners have long criticized risk-factor disclosures in the 10-K as generic and boilerplate. In response, regulators emphasize the importance of being specific. By using a …
The number of public corporations in the United States has been in decline for almost twenty years. Alternative forms of organization, from LLCs and benefit corporations to Linux and …
MA Lemley, A McCreary - BUL Rev., 2021 - HeinOnline
ABSTRACT In Silicon Valley, the most important thing to think about when starting a company is how you're going to end it. The venture capital funding model that dominates the …
ME Barth, WR Landsman… - The Accounting Review, 2017 - publications.aaahq.org
This study examines the effect of the Jumpstart Our Business Startups Act (JOBS Act) on information uncertainty in IPO firms. The JOBS Act creates a new category of issuer, the …
S Chaplinsky, KW Hanley… - Journal of Accounting …, 2017 - Wiley Online Library
We examine the effects of Title I of the Jumpstart Our Business Startups Act for a sample of 312 emerging growth companies (EGCs) that filed for an initial public offering (IPO) from …
Nearly 40% of IPO firms redact information from their SEC registration filings. These firms exhibit characteristics consistent with the need to shield proprietary information from …
We investigate the impact of reporting regulation on corporate innovation activity. Exploiting thresholds in Europe's regulation and a major enforcement reform in Germany, we find that …