The Adverse Effect of Information on Governance and Leverage
Published Online:21 Feb 2017https://doi.org/10.1287/mnsc.2016.2599
References
- (1997) Formal and real authority in organizations. J. Political Econom. 105(1):1–29.Crossref, Google Scholar
- (2000) Capital budgeting, the hold-up problem and information system design. Management Sci. 46(2):205–216.Link, Google Scholar
- Basel Committee on Banking Supervision (2011) Operational risk—Supervisory guidelines for the Advanced Measurement Approaches. Discussion paper, Bank for International Settlements, Basel, Switzerland. http://www.bis.org/publ/bcbs184.pdf.Google Scholar
- Board of Banking Supervision/Bank of England (1995) Report of the Board of Banking Supervision inquiry into the circumstances of the collapse of Barings. Report, HMSO, London. https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/235622/0673.pdf.Google Scholar
- (2004) Financial accounting information, organizational complexity and corporate governance systems. J. Accounting Econom. 37(1):167–201.Crossref, Google Scholar
- (2000) The optimal size of a bank: Costs and benefits of diversification. Eur. Econom. Rev. 44(9):1701–1726.Crossref, Google Scholar
- (1987) Signaling games and stable equilibria. Quart. J. Econom. 102(2):179–221.Crossref, Google Scholar
- (1995) Arm’s length relationships. Quart. J. Econom. 110(2):275–295.Crossref, Google Scholar
- (2010) Kerviel found guilty in SocGen scandal. Financial Times (October 5), https://www.ft.com/content/bd166528-d05b-11df-afe1-00144feabdc0.Google Scholar
- (2007) The monitoring role of insiders. J. Accounting Econom. 44(3):359–377.Crossref, Google Scholar
- (2012) Incentives for innovation and centralized versus delegated capital budgeting. J. Accounting Econom. 53(3):592–611.Crossref, Google Scholar
- Financial Crisis Inquiry Commission (2011) The financial crisis inquiry report: Final report of the National Commission on the Causes of the Financial and Economic Crisis in the United States. Report, Financial Crisis Inquiry Commission, Washington, DC. https://www.gpo.gov/fdsys/pkg/GPO-FCIC/pdf/GPO-FCIC.pdf.Google Scholar
- (2012) Information disclosure and corporate governance. J. Finance 67(1):195–233.Crossref, Google Scholar
- (1997) Financial intermediation, loanable funds, and the real sector. Quart. J. Econom. 112(3):663–691.Crossref, Google Scholar
- (2001) Limited liability and incentive contracting with multiple projects. RAND J. Econom. 32(3):514–526.Crossref, Google Scholar
- (2008) Why do firms go dark? Causes and economic consequences of voluntary SEC deregistrations. J. Accounting Econom. 45(2–3):181–208.Crossref, Google Scholar
- (2014) The Sarbanes–Oxley Act and cross-listed foreign private issuers. J. Accounting Econom. 58(1):21–40.Crossref, Google Scholar
- (2007) Executive compensation and capital structure: The effects of convertible and straight debt on CEO pay. J. Accounting Econom. 43(1):69–93.Crossref, Google Scholar
- (2001) Strategic interaction in auditing: An analysis of auditors’ legal liability, internal control system quality, and audit effort. Accounting Rev. 76(3):333–356.Crossref, Google Scholar
- (2012) Securitization, disclosure, and liquidity. Rev. Financial Stud. 25(8):2417–2453.Crossref, Google Scholar
- Permanent Subcommittee on Investigations (2011) Wall Street and the financial crisis: Anatomy of a financial collapse. Majority and Minority Staff report, U.S. Senate, Washington, DC. http://www.hsgac.senate.gov//imo/media/doc/Financial_Crisis/FinancialCrisisReport.pdf.Google Scholar
- (2014) Corporate governance, auditing, and reporting distortions. J. Accounting, Auditing Finance 29(3):306–339.Crossref, Google Scholar
- (2005) The Sarbanes-Oxley Act and the making of quack corporate governance. Yale Law J. 114(7):1521–1611.Google Scholar
- (1994) Benefits of narrow business strategies. Amer. Econom. Rev. 84(5):1330–1349.Google Scholar
- Securities and Exchange Commission (2009) Study of the Sarbanes-Oxley Act of 2002 Section 404 internal control over financial reporting requirements. Report, Office of Economic Analysis, Securities and Exchange Commission, Washington, DC.Google Scholar
- (2013) Robert Diamond’s next life. New York Times (May 2), http://www.nytimes.com/2013/05/05/magazine/robert-diamonds-next-life.html.Google Scholar

