Based on four empirical studies, this thesis investigates the interrelation of corporate governance, information intermediation, and earnings management. First, the thesis complements the discussion initiated by the European Securities and Market Authorities about the role of proxy advisors at...

We investigate the role of banks information policies in fostering the accumulation of financial knowledge. In Italy, banks belonging to the PattiChiari Consortium implement policies aimed at increasing transparency and procedural simplification, without offering services at lower cost with...

Finanzanalysten wurden lange Zeit als 'Propheten der Wallstreet' gefeiert. Spätestens seit dem Platzen der Dotcom-Blase um die Jahrtausendwende ist jedoch eine kritischere und differenziertere Auseinandersetzung mit der tatsächlichen Analystenleistung nötig. Finden und verarbeiten Analysten...

We investigate the degree of correspondence between parents' reports on child behavioral and educational outcomes using the most recent available wave of a rich Danish longitudinal survey of children (the DALSC). All outcomes are measured at age 11 when the children are expected to be in fifth...

We analyze information and knowledge transfer in a sample of 16 German regional innovation networks with almost 300 firms and research organizations involved. The results indicate that strong ties are more beneficial for the exchange of knowledge and information than weak ties. Moreover, our...