Abstract

This Online Appendix contains additional discussion of the exogeneity of the legal shock on which we rely, as well as additional results for Black, Kim, and Nasev, The Effect of Board Structure on Firm Disclosure and Behavior: A Case Study of Korea and a Comparison of Research Designs (Journal of Empirical Legal Studies, 2021). The underlying article is available from SSRN at http://ssrn.com/abstract=2133283.

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