This study presents an analysis of publication patterns and major themes in research on
mergers and acquisitions in finance and accounting. We find that takeovers as mechanisms …

We review accounting and finance research on corporate governance (CG). In the course of
our review, we focus on a particularly vexing issue, namely endogeneity in the relationships …

We study the relationship between corporate governance and firms׳ environmental
innovation. Exploiting changes in antitakeover legislation in the US, we show that worse …

This article examines managers' incentive to play it safe. We find that, after managers are
insulated by the adoption of an antitakeover law, they take value-destroying actions that …

This study evaluates the relation between hostile takeovers and 17 takeover laws from 1965
to 2014. Using a data set of largely exogenous legal changes, we find that certain takeover …

We study shock-based methods for credible causal inference in corporate finance research.
We focus on corporate governance research, survey 13,461 papers published between …

We argue and demonstrate empirically that a firm's institutional and legal context has first‐
order effects in tests that use state antitakeover laws for identification. A priori, the size and …

We examine the relation between corporate governance and firms' information
environments. We use the passage of state antitakeover laws in the US as a source of …

This paper revisits the staggered board debate focusing on the long-term association of firm
value with changes in board structure. We find no evidence that staggered board changes …

We argue that executives can affect firm outcomes only if they have influence over crucial
decisions. This study explores the impact of CEO power or CEO dominance on bond ratings …