article thumbnail

A Lawyer’s Guide to Empirical Corporate Governance

Reynolds Holding

Likewise, judges in cases involving corporate governance matters such as anti-takeover devices and fiduciary duties have cited those studies when assessing the consequences of different governance mechanisms for firm value. The second is to evaluate what happens to firmsvalues after they adopt or remove a governance provision.

article thumbnail

Data Update 1 for 2024: The data speaks, but what does it say?

Musings on Markets

Along the way, more people than I ever imagined have found my data of use, and while I still have no desire to be a data service, I have an obligation to be transparent about my data analysis processes.

article thumbnail

Data Update 1 for 2023: Setting the table!

Musings on Markets

That said, to use mean reversion in analysis or investing, you need to know what these averages are, either over time or across companies, and data can help in that pursuit. Data universe : In my sample, I include all publicly traded firms with market capitalizations that exceed zero, traded anywhere in the world.