Author pages are created from data sourced from our academic publisher partnerships and public sources.
- Publications
- Influence
What Matters in Corporate Governance?
- L. Bebchuk, A. Cohen, A. Ferrell
- 1 September 2004
We investigate which provisions, among a set of twenty-four governance provisions followed by the Investor Responsibility Research Center (IRRC), are correlated with firm value and stockholder… Expand
The Costs of Entrenched Boards
- L. Bebchuk, A. Cohen
- Business
- 1 June 2004
This paper investigates empirically how the value of publicly traded firms is overall affected by arrangements protecting management from removal. A majority of U.S. public companies have staggered… Expand
Testing for Adverse Selection in Insurance Markets
- A. Cohen, Peter Siegelman
- Business
- 1 November 2009
This paper reviews and evaluates the empirical literature on adverse selection in insurance markets. We focus on empirical work that seeks to test the basic coverage-risk prediction of adverse… Expand
Firms' Decisions Where to Incorporate
- L. Bebchuk, A. Cohen
- Economics, Business
- 1 August 2002
This Paper empirically investigates the decisions of US publicly traded firms on where to incorporate. We study the features of states that make them attractive to incorporating firms and the… Expand
Learning and the Disappearing Association Between Governance and Returns
- L. Bebchuk, A. Cohen, C. C. Wang
- Economics, Business
- 1 April 2010
In an important and influential work, Gompers, Ishii, and Metrick (2003) show that a trading strategy based on an index of 24 governance provisions (G-Index) would have earned abnormal returns during… Expand
The Wages of Failure: Executive Compensation at Bear Stearns and Lehman 2000-2008
- L. Bebchuk, A. Cohen, Holger Spamann
- Economics
- 24 November 2009
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… Expand
Asymmetric Information and Learning: Evidence from the Automobile Insurance Market
- A. Cohen
- Economics
- 1 May 2005
This paper tests the predictions of adverse-selection models using data from the automobile insurance market. I find that, in contrast to what recent research suggests, the evidence is consistent… Expand
The Effect of Automobile Insurance and Accident Liability Laws on Traffic Fatalities*
- A. Cohen, Rajeev H. Dehejia
- Computer Science, Economics
- The Journal of Law and Economics
- 1 April 2003
TLDR
The Effects of Mandatory Seat Belt Laws on Driving Behavior and Traffic Fatalities
This paper investigates the effects of mandatory seat belt laws on driver behavior and traffic fatalities. Using a unique panel data set on seat belt usage in all U.S. jurisdictions, we analyze how… Expand
How Do Staggered Boards Affect Shareholder Value ? Evidence from a Natural Experiment
- A. Cohen
- 2013
The well-established negative correlation between staggered boards (SBs) and firm value could be due to SBs leading to lower value or a reflection of low-value firms’ greater propensity to maintain… Expand