We investigate the relation between Tobin's Q and the structure of equity ownership for a
sample of 1,173 firms for 1976 and 1,093 firms for 1986. We find a significant curvilinear …

Background Antiretroviral chemoprophylaxis before exposure is a promising approach for
the prevention of human immunodeficiency virus (HIV) acquisition. Methods We randomly …

We analyze the likelihood of government bailouts of 450 politically connected firms from 35
countries during 1997–2002. Politically connected firms are significantly more likely to be …

We survey two generations of research on corporate governance systems around the world,
concentrating on countries other than the US The first generation of international corporate …

… In constructing our database, we begin with the data employed by McConnell and Servaes
(… The procedure used to construct these samples is described in McConnell and Servaes. For …

… JJ McConnell and CJ Mu.wuellu, Cupid expewlrture plum … JJ McConnell and CJ Murcarella,
Capital expendltureplans … JJ McConnell and CJ Mwcarella, Ccprtal expenditure plans and …

… MCCONNELL A rapidly evolving view among financial economists is that banks play an
important, and perhap … Lumnwr and JJ McConnell, Bunk loans us signals of firm due …

This paper examines the hypothesis that an important role of corporate takeovers is to discipline
the top managers of poorly performing target firms. We document that the turnover rate …

We investigate the relation between corporate value and the proportion of the board made up
of independent directors in 799 firms with a dominant shareholder across 22 countries. We …

The importance of bankruptcy costs as a determinant of corporate financing policy has been
extensively debated in the finance literature. The origins of the debate can be traced to …