Subtle Discrimination
We introduce the concept of subtle discrimination - biased acts that cannot be objectively ascertained as discriminatory - and study its implications...
DP 909
Research highlight
Corporate Capture of Blockchain Governance
Review of Financial Studies, 36 (4), 1364–1407
Shareholder Empowerment and Bank Bailouts
We investigate the hypothesis that shareholder empowerment may have led to more bank bailouts during the recent financial crisis. To test this...
DP 714
Boards of Banks
We show that country characteristics explain most of the cross-sectional variation in bank board independence. In contrast, country characteristics...
DP 664