Author name: Patricia Ponce

Securities law precedents, legal liability, and financial reporting quality
Benedikt Franke, Allen H Huang, Reeyarn Z Li, Hui Wang
Review of Finance, Volume 28, Issue 2, March 2024, Pages 413–445, https://doi.org/10.1093/rof/rfad032

Securities class actions are a major source of legal liability for US firms and should deter financial misreporting by increasing expected litigation costs for violating securities law.… Read more...

Securities law precedents, legal liability, and financial reporting quality Read More »

Asymmetric Information and Corporate Lending: Evidence from SME Bond Markets
Alessandra Iannamorelli, Stefano Nobili, Antonio Scalia, Luana Zaccaria
Review of Finance, Volume 28, Issue 1, January 2024, Pages 163–201, https://doi.org/10.1093/rof/rfad024

Different existing theories offer opposite predictions regarding the unobservable credit quality of firms that access bond financing in lieu of bank loans.… Read more...

Asymmetric Information and Corporate Lending: Evidence from SME Bond Markets Read More »

Firms do not operate in isolation but interact within product markets. These interactions delineate the boundaries of markets, their dynamics, and the resulting intensity of competition (or the lack of it). A vast research effort over the last forty years unambiguously concludes that product market considerations have first-order effects on firms’ decisions, performance, and valuation.… Read more...

Call for Papers for Review of Finance Special Issue on Finance and Product Markets Read More »

Scroll to Top