Author Archives: Bryce Schonberger

Does Sensationalism Affect Executive Compensation? Evidence from Pay Ratio Disclosure Reform

By | September 28, 2022

A rise in chief executive officer (CEO) compensation in recent decades has attracted intense criticism from the media and public, with a frequent focus on excessive levels of executive compensation relative to rank-and-file employees. In response to such criticism, Congress passed Section 953(b) of the Dodd–Frank Act (hereafter, the pay ratio disclosure mandate) on July… Read More »

Private Information Acquisition via Freedom of Information Act Requests

By | May 4, 2020

Courtesy of Stephen Glaeser, Bryce Schonberger, Charles E. Wasley, and Jason Xiao Theoretical models explore when and why individuals incur costs to acquire information about a firm that is not publicly available (often referred to as private information acquisition). Empirical evidence of these theories’ implications is virtually non-existent due to the difficulty of observing private… Read More »