The Revolving Door for Financial Regulators
Review of Finance, Volume 21, Issue 4, 1 July 2017, Pages 1445–1484,https://doi.org/10.1093/rof/rfw035
Public attention and media coverage often focus on the migration of employees between regulatory agencies and regulated firms.… Read more...
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The Impact of Public Guarantees on Bank Risk-Taking: Evidence from a Natural Experiment
Review of Finance, Volume 18, Issue 2, 1 April 2014, Pages 457–488,https://doi.org/10.1093/rof/rft014
Public guarantees in the wake of the financial crisis of 2007/2008 have been wide-spread.… Read more...
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The Cost of Political Connections
Review of Finance, Volume 22, Issue 3, 1 May 2018, Pages 849–876, https://doi.org/10.1093/rof/rfy008
Existing research generally shows that political connections are of significant value to firms, because political leaders grant favors to the connected firms.… Read more...
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Can Socially Responsible Firms Survive Competition? An Analysis of Corporate Employee Matching Grant Schemes
Ning Gong; Bruce D Grundy
Review of Finance, Volume 23, Issue 1, 1 February 2019, Pages 199–243, https://doi.org/10.1093/rof/rfx025
Coordinating Employees Charitable Giving through Employee Matching Grants
In 2017, total US corporate giving amounted to $20.77 billion and approximately one third of S&P 1500 firms offer matching grants to support employee charitable giving.… Read more...
The Effects of Horizontal Merger Operating Efficiencies on Rivals, Customers, and Suppliers
Gennaro Bernile; Evgeny Lyandres
Review of Finance, Volume 23, Issue 1, 1 February 2019, Pages 117–160, https://doi.org/10.1093/rof/rfy017
Mergers and acquisitions can impact not only the merging firms, but also firms that are economically linked to them: those competing with the merging firms in product markets (rivals) as well as those operating along the merging firms’ supply chains (corporate customers and suppliers).… Read more...
The Personal Wealth Interests of Politicians and Government Intervention in the Economy
Ahmed Tahoun; Laurence van Lent
Review of Finance, Volume 23, Issue 1, 1 February 2019, Pages 37–74, https://doi.org/10.1093/rof/rfy015
With Mr. Trump’s ascendancy to the Presidency, the broader question of how the personal wealth interests of politicians influence their voting and lawmaking has gained significant urgency.… Read more...
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(This post is thanks to Editor Amit Goyal)
The lead article in Volume 23, Issue 1 of the Review of Finance is “Which Factors?” by Kewei Hou, Haitao Mo, Chen Xue, and Lu Zhang.
A factor model proposes why different stocks have different returns.… Read more...