M&A announcements can result in substantial positive or negative abnormal acquiring-firm stock returns and sizeable associated dollar value gains or losses. Unfortunately for decision makers tasked with evaluating potential deals, the existing M&A literature focuses on the in-sample analysis of...

We examine the shareholder wealth effects of the adoption of the UK Modern Slavery Act (MSA) in 2015. The MSA's Transparency in Supply Chains clause introduced new reporting requirements mandating certain firms to provide an annual statement outlining their actions to tackle modern slavery in...

On February 15th 2022, Belgium became the first country in the world to agree on the legal adoption of a four-day workweek, allowing qualifying employees to work four days per week without reducing their total number of working hours. We examine shareholders’ assessment of the economic...