Pricing Corporate Governance

Albert H. Choi Volume 75, Issue 1, 67-114 Scholars and practitioners have long theorized that by penalizing firms with unattractive governance features, the stock market incentivizes firms to adopt the optimal governance structure at their initial public offerings...

Restraining ChatGPT

Roee Sarel Volume 75, Issue 1, 115-174 ChatGPT is a prominent example of how Artificial Intelligence (AI) has stormed into our lives. Within a matter of weeks, this new AI—which produces coherent and humanlike textual answers to questions—managed to become an object...