Coase-Sandor Working Paper Series in Law and Economics
The effect of mandatory securities regulation on firm value has been a longstanding concern across law, economics and finance. In 2012, Congress enacted the Jumpstart Our Business Startups (“JOBS”) Act, relaxing disclosure and compliance obligations for a
Dhammika Dharmapala & Vikramaditya Khanna, "The Costs and Benefits of Mandatory Securities Regulation: Evidence from Market Reactions to the JOBS Act of 2012" (Coase-Sandor Institute for Law & Economics Working Paper No. 701, 2014).