We document that employee bankruptcy costs affect corporate capital structure decisions via
their impact on the bargaining power of labor unions. We employ difference-in-differences …

This paper explores the role of employee disclosures of future business outlook in predicting
a firm's cessation as a going concern. Using a large sample from 2012 to 2021, we find that …

In this paper, I examine the strategic role of debt structure in improving the bargaining
position of a firm's management relative to its non-financial stakeholders. Debt structure is …

In the first chapter of this dissertation, I exploit the Covid-19 pandemic and associated
government restrictions as a natural experiment in order to study the resilience of …

More than one-third of US-listed companies had all-male corporate boards in 2015. Quotas
are discussed as policy levers to increase gender diversity, but there is much controversy …

• Financial resilience is a known issue for households• Resilience is also an important
concept for businesses• Important to understand how well a business sustain an unexpected …