In recent years universities have been taken by a new wave of entrepreneurial activities. Originally universities engaged with entrepreneurship mostly in terms of commercializing innovations based on research in the sciences. The new initiatives are instead focused on students and recent alumni,...

This paper documents large micro-heterogeneity and forecasting skill in the cross-section of survey based bond risk premia. We reject informationally constrained rational expectations but show a learning model distorted by sentiment is consistent with the data. Aggregating, we propose a belief...

This paper is the first to examine the information contained in executives’ voluntary supplementary disclosures in footnotes on SEC Form 4 filings that accompany stock sales. Analysing these supplementary disclosures we are able to distinguish between discretionary sales, for which insiders...

While corporate boards, audit committees and remuneration committees have been subject to extensive analysis and research, one of the most important elements of corporate governance has been largely disregarded: the nomination committee. This paper suggests that the nomination committee (NC)...

Adopting Responsible Investment values in wealth funds has not restricted their practices, but has led to innovation. Analysis of innovative management in large wealth funds has shown that they offer examples of the types of mutual business relationship developed by investors with long term...