The last two decades have witnessed a growing interest in corporate social responsibility (CSR)
worldwide by corporations, investors, policy makers, and researchers across different …

This paper examines the change in the financial and operating performance of 79 companies
from 21 developing countries that experienced full or partial privatization during the period …

We investigate the extent of political connections in newly privatized firms. Using a sample
of 245 privatized firms headquartered in 27 developing and 14 developed countries over the …

Motivated by recent research on the costs and benefits of political connection, we examine
the cost of equity capital of politically connected firms. Using propensity score matching …

Using a unique database of 381 newly privatized firms from 57 countries, we investigate the
impact of shareholders' identity on corporate risk-taking behavior. We find strong and robust …

We investigate the role of ownership structure and investor protection in postprivatization
corporate governance. Using a sample of 209 privatized firms from 39 countries over the period …

Using a large sample of 3,040 US firms and 16,606 firm-year observations over the 1991–2010
period, we find strong evidence that firm internationalization is positively related to the …

This paper seeks to provide an answer to the following question: when and how does
privatization work? Using a sample of 230 firms headquartered in 32 developing countries, we …

We investigate the impact of political institutions on corporate risk-taking. Using a large
sample of non-financial firms from 77 countries covering the period from 1988 to 2008, we find …

We explore the effect of governance on bond yield-spreads and ratings in a multinational
sample of firms. We find strong evidence that ultimate ownership (ie, the voting/cash-flow rights …