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It is not unusual for baseball general managers (GMs) to have network ties to their potential trading partners, either to the other teams’ GMs or to the teams themselves. This article investigates whether these connections affect the degree of trading activity between specific team pairs....
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Government fluoridation of public water systems to promote dental health has long been advocated by many health associations, based on the findings of mainstream scientific studies. Despite this, fluoridation remains a controversial issue. Some in the public are antithetical to the science...
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This paper examines outside director compensation for a sample of 237 Fortune 500 firms over the 1998-2004 period. We document a trend towards fixed-value equity compensation and away from cash only and fixed-number equity compensation. Adjustments to director compensation are consistent with...
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We study the causes and effects of the competition for order flow by U.S. regional stock exchanges. We trace the origins of competition for order flow to a change in the role of regional exchanges from being venues for listing local securities to being more direct competitors for the order flow...
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