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Full-Text Articles in Law
Economic Growth And The Interests Of Future (And Past And Present) Generations: A Comment On Tyler Cowen, Matthew D. Adler
Economic Growth And The Interests Of Future (And Past And Present) Generations: A Comment On Tyler Cowen, Matthew D. Adler
Faculty Scholarship
No abstract provided.
Classified Boards And Firm Value, Michael D. Frakes
Classified Boards And Firm Value, Michael D. Frakes
Faculty Scholarship
Classified boards constitute one of the most potent takeover defenses for U.S. firms today. However, as with takeover defenses more generally, economic theory offers an ambiguous prediction as to the effect that classified boards have on bottom-line firm value. A resolution of this ambiguity will require sound and convincing empirical methodology. In an effort to address limitations in the existing empirical literature, this article approaches the relationship between corporate governance and firm value while taking various measures to account for unobserved sources of heterogeneity across firms. Using the instrumental variables model developed by Hausman and Taylor, I find evidence of …
The Race To The Center And Other Lessons Of Globalization, Jagdish N. Bhagwati
The Race To The Center And Other Lessons Of Globalization, Jagdish N. Bhagwati
Faculty Scholarship
An Interview with Kenta Tsuda, New York, NY, 1 June 2006.
]agdish Bhagwati is a professor of economics and law at Columbia University and senior fellow in international economics at the Council on Foreign Relations. His publications include The Economics of Underdeveloped Countries and In Defense of Globalization. He is the founder of the Journal of International Economics and Economics & Politics.