Bhagat, Sanjai; Romano, Roberta - In: American Law and Economics Review 4 (2002) 2, pp. 380-423
corporate governance issues. Event studies have played an important role in the making of corporate law and in corporate law … corporate law is to increase shareholder wealth, and event studies provide a metric for measurement of the impact upon stock … effects of regulation. While event studies' usefulness for policy analysis is by now familiar in the corporate law setting, we …