Capital-Market Effects of Securities Regulation: Prior Conditions, Implementation, and Enforcement

By Hans B. Christensen, Luzi Hail, Christian Leuz. 2016

346 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/a2005d5b2a0ad48185e4d8e54e57a9543791cf1f

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Citations in the corpus

The Real Effects of Mandatory Quarterly Reporting (2017, methodology): “Measuring Real Effects To measure RAM, we rely on prior studies (Roychowdhury 2006; Cohen et al. 2008). Following Zang (2012), we conduct our major analyses using a combined measure for income-increasing RAM that consists of overproduction (Abn_Prod) and reduced discretionary expenses (Abn_Disx mult”
Do Corporate Site Visits Impact Stock Prices? (2018, neutral): “Christensen et al. (2016) use this approach to address the event timing issue in their context.”
Mandatory CSR and sustainability reporting: economic analysis and literature review (2019, background): “…by evidence from settings such as the mandatory adoption of IFRS (e.g., Byard et al. 2011; Landsman et al. 2012; Christensen et al. 2013), the enactment of insider-trading laws (Bhattacharya and Daouk 2002), and the introduction of new securities regulation in the EU (Christensen et al. 2016).”
ESG practices and the cost of debt: Evidence from EU countries (2019, background): “…variation in the beneﬁts associated with ESG performance and disclosure, in the form of a lower cost of debt, is determined by the country sustainability characteristics (Ball et al., 2000; Ahmed et al., 2013; Christensen et al., 2016; Capelle-Blancard, Crifo, Diaye, Scholtens, & Oueghlissi, 2016).”
Sharing Risk with the Government: How Taxes Affect Corporate Risk Taking (2017, neutral): “In the next step, we follow Christensen et al. (2016) who propose a falsification test of the potential bias induced by selection on unobservables.”
Readability of 10‐K Reports and Stock Price Crash Risk (2019, neutral): “We next conduct a falsification test following Christensen et al. (2016) and Ljungqvist et al.”
The Economics of Disclosure and Financial Reporting Regulation: Evidence and Suggestions for Future Research (2015, background): “Examples for this approach in securities regulation are Bhattacharya and Daouk (2002) and Christensen et al. (2016).”