Suchergebnisse
Filter
14 Ergebnisse
Sortierung:
SSRN
The Effect of Auditor Litigation Risk on Client Access to Bank Debt: Evidence from a Quasi-Experiment
In: Journal of Accounting & Economics (JAE), Forthcoming
SSRN
Marijuana Liberalization and Public Finance: A Capital Market Perspective on the Passage of Medical Use Laws
In: Forthcoming, Journal of Accounting and Economics
SSRN
Working paper
Marijuana liberalization and public finance: A capital market perspective on a public health policy
In recent years, marijuana liberalization in the U.S. has garnered increasing support from legislators and voters. We provide evidence on such legislation's public finance effect. The staggered passage of state-level laws that legalize marijuana for medical use increases states' borrowing costs by 7 to 9 basis points. Consistent with economic theory on substance use suggesting that marijuana legalization increases local consumption of the drug (by expanding its availability and reducing its perceived risks), we predict and find that increased consumption represents an important mechanism that explains the higher state bond spreads. We also show that following such laws' passage, states incur higher marijuana-consumption-related expenditures, including for police, corrections, and public welfare.
BASE
MD&A Textual Similarity and Auditors
In: Auditing: A Journal of Practice & Theory 39 (3): 79–96. https://doi.org/10.2308/ajpt-52790
SSRN
SSRN
Working paper
The effect of disclosure on the pay-performance relation
In: Journal of accounting and public policy, Band 32, Heft 5, S. 319-341
ISSN: 0278-4254
Fixed Income Conference Calls
In: Journal of Accounting & Economics (JAE), Band 75, Heft 1
SSRN
SSRN
Peer Choice in CEO Compensation
SSRN
Peer Choice in CEO Compensation
In: Journal of Financial Economics, 108: 160 – 181.
SSRN
SSRN
The Impact of Credit Market Development on Auditor Choice: Evidence from Banking Deregulation
In: Nanyang Business School Research Paper No. 22-07
SSRN
Riding the Blockchain Mania: Public Firms' Speculative 8-K Disclosures
In: Forthcoming, Management Science
SSRN