How Best to Report Carbon Emissions
Make rules that are simple and apply to all companies.
How Best to Report Carbon EmissionsHow banks monitor borrowers without financial statements
When financial statements aren’t mandatory in small commercial loans, banks also look to reputation, collateral, and tax returns to keep tabs on borrowers.
When lending to smaller companies, banks are 25% more likely to ask for financial statements from those whose risk is in the middle quintile.
Michael Minnis and Andrew Sutherland, “Financial Statements as Monitoring Mechanisms: Evidence from Small Commercial Loans,” Working paper, February 2014.
Make rules that are simple and apply to all companies.
How Best to Report Carbon EmissionsIncreased enforcement of a decades-old statute had far-flung positive consequences.
How a US Anti-Corruption Law Boosted Economic Growth in Rural AfricaToo much detail can overload investors, to the detriment of their decision making.
In Accounting, Less Information Can Be More UsefulYour Privacy
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