To test for private information leakages from government to corporate executives, we exploitthe 2008-2010 bank bailouts after Lehman's failure using insider trading and political connections.In politically-connected banks, insider buying during the pre-TARP period is associatedwith increases in...

We revisit the relationship between foreign investment and productivity of acquired firms. First, we construct a panel firm-level dataset for eight ad- vanced European countries covering domestic and foreign acquisitions together with detailed balance sheet information for the years 1999–2012....

We revisit the relationship between foreign investment and productivity of acquired firms. First, we construct a panel firm-level dataset for eight advanced European countries covering domestic and foreign acquisitions together with detailed balance sheet information for the years 1999{2012....

Innovative startups are frequently acquired by large incumbent firms. On the one hand, these acquisitions provide an incentive for startup creation and may transfer ideas to more efficient users. On the other hand, incumbents might acquire startups just to "kill" their ideas, and acquisitions...

Special interest influence via lobbying is increasingly controversial and legislative efforts to deal with this issue have centered on the principle of transparency. In this paper we evaluate the effectiveness of the current regulatory framework provided by the US Lobbying Disclosure Act (LDA)....