Now showing items 1-13 of 13

    • The 'Antidirector Rights Index' Revisited 

      Spamann, Holger (Oxford University Press (OUP), 2010)
      The “antidirector rights index” has been used as a measure of shareholder protection in over a hundred articles since it was introduced by La Porta et al. (“Law and Finance.” 1998, Journal of Political Economy 106:1113–55). ...
    • Derivatives Trading and Negative Voting 

      Spamann, Holger (John M. Olin Center for Law, Economics, and Business, 2012)
      This paper exposits a model of parallel trading of corporate securities (shares, bonds) and derivatives in which a large trader can sometimes profitably acquire securities with their corporate control rights for the sole ...
    • Empirical Comparative Law 

      Spamann, Holger (Annual Reviews, 2015)
      I review the empirical comparative law literature with an emphasis on quantitative work. After situating the field and surveying its main applications to date, I turn to methodological issues. I discuss at length the ...
    • Essays in Applied Microeconomics 

      Spamann, Holger (2012-08-10)
      Chapter 1 develops a model of parallel trading of corporate securities (shares, bonds) and derivatives in which a large trader can sometimes profitably acquire securities and the corporate control rights inherent therein ...
    • Fixing Public Sector Finances: The Accounting and Reporting Lever 

      Naughton, James; Spamann, Holger (UCLA L. Rev., 2015)
      The finances of many states, cities, and other localities are in dire straits. In this Article, we argue that partial responsibility for this situation lies with the outdated and ineffective financial reporting regime for ...
    • Fixing Public Sector Finances: The Accounting and Reporting Lever 

      Spamann, Holger; Naughton, James P. (Harvard Law School, 2015)
      The finances of many states, cities, and other localities are in dire straits. In this Article, we argue that partial responsibility for this situation lies with the outdated and ineffective financial reporting regime for ...
    • Legal Origin or Colonial History? 

      Klerman, Daniel M.; Mahoney, Paul G.; Spamann, Holger; Weinstein, Mark I. (Oxford University Press (OUP), 2011)
      Economists have documented pervasive correlations between legal origins, modern regulation, and economic outcomes around the world. Where legal origin is exogenous, however, it is almost perfectly correlated with another ...
    • Legal Origins, Civil Procedure, and the Quality of Contract Enforcement 

      Spamann, Holger (Mohr, 2010)
      This paper empirically compares civil procedure in common-law and civil-law countries. Using World-Bank and hand-collected data, and unlike earlier studies that used predecessor data sets, this paper finds no systematic ...
    • The Myth of 'Rebalancing' Retaliation in WTO Dispute Settlement Practice 

      Spamann, Holger (Oxford University Press, 2006)
      It is generally assumed that trade retaliation under the WTO performs some kind of ‘rebalancing’ by allowing the injured Member to suspend ‘concessions and obligations’ vis-à-vis the violating Member of a level equivalent ...
    • Regulating Bankers' Pay 

      Bebchuk, Lucian Arye; Spamann, Holger (Georgetown University Law Center, 2010)
      This paper seeks to make three contributions to understanding how banks’ executive pay has produced incentives for excessive risk-taking and how such pay should be reformed. First, although there is now wide recognition ...
    • Regulating Bankers' Pay 

      Bebchuk, Lucian Arye; Spamann, Holger (Georgetown University Law Center, 2010)
      This paper seeks to make three contributions to understanding how banks’ executive pay has produced incentives for excessive risk-taking and how such pay should be reformed. First, although there is now wide recognition ...
    • The US Crime Puzzle: A Comparative Perspective on US Crime & Punishment 

      Spamann, Holger (2014)
      This paper compares actual US crime and incarceration rates to predicted rates from cross-country regressions. Global cross-country regressions of crime and incarceration on background characteristics explain much of the ...
    • The Wages of Failure: Executive Compensation at Bear Stearns and Lehman 2000-2008 

      Bebchuk, Lucian Arye; Cohen, Alma; Spamann, Holger (Yale Journal on Regulation, 2010)
      The standard narrative of the meltdown of Bear Stearns and Lehman Brothers assumes that the wealth of the top executives of these firms was largely wiped out along with their firms. In the ongoing debate about regulatory ...