NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

NBER Papers in JEL Code G3: Corporate Finance and Governance

2016
w22857 Kathleen Kahle
René M. Stulz

Is the American Public Corporation in Trouble?
w22865 Randall Morck
Masao Nakamura

Japan's Ultimately Unaccursed Natural Resources-Financed Industrialization
w22870 Yehuda Izhakian
David Yermack
Jaime F. Zender

Ambiguity and the Tradeoff Theory of Capital Structure
w22846 Kyle Herkenhoff
Gordon Phillips
Ethan Cohen-Cole

The Impact of Consumer Credit Access on Employment, Earnings and Entrepreneurship
w22846 Kyle Herkenhoff
Gordon Phillips
Ethan Cohen-Cole

The Impact of Consumer Credit Access on Employment, Earnings and Entrepreneurship
w22848 Laurent Frésard
Ulrich Hege
Gordon Phillips

Extending Industry Specialization through Cross-Border Acquisitions
w22828 Harry DeAngelo
Andrei S. Gonçalves
René M. Stulz

Corporate Deleveraging
w22828 Harry DeAngelo
Andrei S. Gonçalves
René M. Stulz

Corporate Deleveraging
w22828 Harry DeAngelo
Andrei S. Gonçalves
René M. Stulz

Corporate Deleveraging
w22799 Peter DeMarzo
Zhiguo He

Leverage Dynamics without Commitment
w22750 Bruce A. Blonigen
Justin R. Pierce

Evidence for the Effects of Mergers on Market Power and Efficiency
w22707 Ian R. Appel
Todd A. Gormley
Donald B. Keim

Standing on the Shoulders of Giants: The Effect of Passive Investors on Activism
w22707 Ian R. Appel
Todd A. Gormley
Donald B. Keim

Standing on the Shoulders of Giants: The Effect of Passive Investors on Activism
w22634 Assaf Hamdani
Eugene Kandel
Yevgeny Mugerman
Yishay Yafeh

Incentive Fees and Competition in Pension Funds: Evidence from a Regulatory Experiment
w22651 Barney Hartman-Glaser
Hanno Lustig
Mindy X. Zhang

National Income Accounting When Firms Insure Managers: Understanding Firm Size and Compensation Inequality.
w22612 Benjamin L. Collier
Andrew F. Haughwout
Howard C. Kunreuther
Erwann O. Michel-Kerjan
Michael A. Stewart

Firm Age and Size and the Financial Management of Infrequent Shocks
w22631 Yasin Ozcan
Shane Greenstein

Technological Leadership (de)Concentration: Causes in ICTE
w22587 Paul Gompers
William Gornall
Steven N. Kaplan
Ilya A. Strebulaev

How Do Venture Capitalists Make Decisions?
w22597 Adair Morse
Wei Wang
Serena Wu

Executive Lawyers: Gatekeepers or Strategic Officers?
w22597 Adair Morse
Wei Wang
Serena Wu

Executive Lawyers: Gatekeepers or Strategic Officers?
w22544 Ross Levine
Chen Lin
Wensi Xie

Geographic Diversification and Banks' Funding Costs
w22546 Bruce A. Blonigen
Donghyun Lee

Heterogeneous Frictional Costs Across Industries in Cross-border Mergers and Acquisitions
w22476 Thomas Philippon
The FinTech Opportunity
w22493 Gregory W. Brown
Oleg R. Gredil
Steven N. Kaplan

Do Private Equity Funds Manipulate Reported Returns?
w22435 Ian D. Gow
Steven N. Kaplan
David F. Larcker
Anastasia A. Zakolyukina

CEO Personality and Firm Policies
w22435 Ian D. Gow
Steven N. Kaplan
David F. Larcker
Anastasia A. Zakolyukina

CEO Personality and Firm Policies
w22414 Valentin Haddad
Erik Loualiche
Matthew Plosser

Buyout Activity: The Impact of Aggregate Discount Rates
w22396 Xavier Giroud
Holger M. Mueller

Redistribution of Local Labor Market Shocks through Firms' Internal Networks
w22364 Jaroslav Borovička
Lars Peter Hansen

Term Structure of Uncertainty in the Macroeconomy
w22368 Antonio Ciccone
Elias Papaioannou

Estimating Cross-Industry Cross-Country Interaction Models Using Benchmark Industry Characteristics
w22324 Adriano A. Rampini
Financing Durable Assets
w22286 Niklas Amberg
Tor Jacobson
Erik von Schedvin
Robert Townsend

Curbing Shocks to Corporate Liquidity: The Role of Trade Credit
w22273 Alon Brav
Wei Jiang
Song Ma
Xuan Tian

How Does Hedge Fund Activism Reshape Corporate Innovation?
w22273 Alon Brav
Wei Jiang
Song Ma
Xuan Tian

How Does Hedge Fund Activism Reshape Corporate Innovation?
w22195 Liangliang Jiang
Ross Levine
Chen Lin

Competition and Bank Liquidity Creation
w22195 Liangliang Jiang
Ross Levine
Chen Lin

Competition and Bank Liquidity Creation
w22146 Itzhak Ben-David
Justin Birru
Viktor Prokopenya

Uninformative Feedback and Risk Taking: Evidence from Retail Forex Trading
w22150 Ivo Welch
Levered Returns
w22150 Ivo Welch
Levered Returns
w22150 Ivo Welch
Levered Returns
w22153 Ross Levine
Chen Lin
Wensi Xie

Corporate Resilience to Banking Crises: The Roles of Trust and Trade Credit
w22116 Malcolm Baker
Mathias F. Hoeyer
Jeffrey Wurgler

The Risk Anomaly Tradeoff of Leverage
w22091 Yihui Pan
Tracy Yue Wang
Michael S. Weisbach

How Management Risk Affects Corporate Debt
w22091 Yihui Pan
Tracy Yue Wang
Michael S. Weisbach

How Management Risk Affects Corporate Debt
w22001 Chen Lin
Randall Morck
Bernard Yeung
Xiaofeng Zhao

Anti-Corruption Reforms and Shareholder Valuations: Event Study Evidence from China
w22001 Chen Lin
Randall Morck
Bernard Yeung
Xiaofeng Zhao

Anti-Corruption Reforms and Shareholder Valuations: Event Study Evidence from China
w21952 Peter Koudijs
Laura Salisbury

Bankruptcy and Investment: Evidence from Changes in Marital Property Laws in the U.S. South, 1840-1850
w21975 Kelly Shue
Richard Townsend

Growth through Rigidity: An Explanation for the Rise in CEO Pay
w21909 Alexander Ljungqvist
Lars Persson
Joacim Tåg

Private Equity's Unintended Dark Side: On the Economic Consequences of Excessive Delistings
w21919 Zhiguo He
Konstantin Milbradt

Dynamic Debt Maturity
w21919 Zhiguo He
Konstantin Milbradt

Dynamic Debt Maturity
w21919 Zhiguo He
Konstantin Milbradt

Dynamic Debt Maturity
w21919 Zhiguo He
Konstantin Milbradt

Dynamic Debt Maturity
w21876 Eric Zwick
James Mahon

Tax Policy and Heterogeneous Investment Behavior
2015
w21834 Alexander Ljungqvist
Liandong Zhang
Luo Zuo

Sharing Risk with the Government: How Taxes Affect Corporate Risk Taking
w21810 Hanming Fang
You Suk Kim
Wenli Li

The Dynamics of Adjustable-Rate Subprime Mortgage Default: A Structural Estimation
w21795 Carola Frydman
Dimitris Papanikolaou

In Search of Ideas: Technological Innovation and Executive Pay Inequality
w21802 David Yermack
Corporate Governance and Blockchains
w21707 Randall Morck
Gloria Y. Tian

Business Groups in Canada: Their Rise and Fall, and Rise and Fall Again
w21690 Murillo Campello
Mauricio Larrain

Enlarging the Contracting Space: Collateral Menus, Access to Credit, and Economic Activity
w21630 Kristopher Gerardi
Kyle F. Herkenhoff
Lee E. Ohanian
Paul S. Willen

Can't Pay or Won't Pay? Unemployment, Negative Equity, and Strategic Default
w21548 Andrew B. Abel
Optimal Debt and Profitability in the Tradeoff Theory
w21548 Andrew B. Abel
Optimal Debt and Profitability in the Tradeoff Theory
w21549 Andrew B. Abel
The Analytics of Investment, q, and Cash Flow
w21516 Aspen Gorry
Kevin A. Hassett
R. Glenn Hubbard
Aparna Mathur

The Response of Deferred Executive Compensation to Changes in Tax Rates
w21530 Brandon Gipper
Christian Leuz
Mark Maffett

Public Audit Oversight and Reporting Credibility: Evidence from the PCAOB Inspection Regime
w21507 Jamal Ibrahim Haidar
Takeo Hoshi

Implementing Structural Reforms in Abenomics: How to Reduce the Cost of Doing Business in Japan
w21491 Torben G. Andersen
Nicola Fusari
Viktor Todorov

The Pricing of Short-Term market Risk: Evidence from Weekly Options
w21424 Marco Ceccagnoli
Matthew J. Higgins
Hyunsung D. Kang

Corporate Venture Capital as a Real Option in the Markets for Technology
w21362 Roberta Romano
Sarath Sanga

The Private Ordering Solution to Multiforum Shareholder Litigation
w21364 Jean-Etienne de Bettignies
David T. Robinson

When Is Social Responsibility Socially Desirable?
w21328 Fernando Alvarez
Gadi Barlevy

Mandatory Disclosure and Financial Contagion
w21335 David Le Bris
William N. Goetzmann
Sébastien Pouget

The Development of Corporate Governance in Toulouse: 1372-1946
w21335 David Le Bris
William N. Goetzmann
Sébastien Pouget

The Development of Corporate Governance in Toulouse: 1372-1946
w21335 David Le Bris
William N. Goetzmann
Sébastien Pouget

The Development of Corporate Governance in Toulouse: 1372-1946
w21260 Nicola Gennaioli
Yueran Ma
Andrei Shleifer

Expectations and Investment
w21267 Andrew W. Lo
The Gordon Gekko Effect: The Role of Culture in the Financial Industry
w21227 Lucian A. Bebchuk
Alon Brav
Wei Jiang

The Long-Term Effects of Hedge Fund Activism
w21227 Lucian A. Bebchuk
Alon Brav
Wei Jiang

The Long-Term Effects of Hedge Fund Activism
w21227 Lucian A. Bebchuk
Alon Brav
Wei Jiang

The Long-Term Effects of Hedge Fund Activism
w21227 Lucian A. Bebchuk
Alon Brav
Wei Jiang

The Long-Term Effects of Hedge Fund Activism
w21245 Ross Levine
Chen Lin
Beibei Shen

Cross-border Acquisitions and Labor Regulations
w21245 Ross Levine
Chen Lin
Beibei Shen

Cross-border Acquisitions and Labor Regulations
w21181 Craig Doidge
G. Andrew Karolyi
René M. Stulz

The U.S. listing gap
w21181 Craig Doidge
G. Andrew Karolyi
René M. Stulz

The U.S. listing gap
w21181 Craig Doidge
G. Andrew Karolyi
René M. Stulz

The U.S. listing gap
w21131 Alex Edmans
Xavier Gabaix

Executive Compensation: A Modern Primer
w21133 Paul Gompers
Steven N. Kaplan
Vladimir Mukharlyamov

What Do Private Equity Firms Say They Do?
w21133 Paul Gompers
Steven N. Kaplan
Vladimir Mukharlyamov

What Do Private Equity Firms Say They Do?
w21133 Paul Gompers
Steven N. Kaplan
Vladimir Mukharlyamov

What Do Private Equity Firms Say They Do?
w21086 Nittai K. Bergman
Rajkamal Iyer
Richard T. Thakor

Financial Accelerator at Work: Evidence from Corn Fields
w21066 David Yermack
Donor Governance and Financial Management in Prominent U.S. Art Museums
w21066 David Yermack
Donor Governance and Financial Management in Prominent U.S. Art Museums
w21040 Takatoshi Ito
Satoshi Koibuchi
Kiyotaka Sato
Junko Shimizu

Exchange Rate Exposure and Risk Management: The case of Japanese Exporting Firms
w21000 Austan D. Goolsbee
Alan B. Krueger

A Retrospective Look at Rescuing and Restructuring General Motors and Chrysler
w21003 Danny Yagan
Capital Tax Reform and the Real Economy: The Effects of the 2003 Dividend Tax Cut
w21003 Danny Yagan
Capital Tax Reform and the Real Economy: The Effects of the 2003 Dividend Tax Cut
w21003 Danny Yagan
Capital Tax Reform and the Real Economy: The Effects of the 2003 Dividend Tax Cut
w20978 Christopher A. Hennessy
Ilya A. Strebulaev

Beyond Random Assignment: Credible Inference of Causal Effects in Dynamic Economies
w20979 Patrick Bolton
Neng Wang
Jinqiang Yang

A Theory of Liquidity and Risk Management Based on the Inalienability of Risky Human Capital
w20979 Patrick Bolton
Neng Wang
Jinqiang Yang

A Theory of Liquidity and Risk Management Based on the Inalienability of Risky Human Capital
w20930 Alexander Ljungqvist
Donghua Chen
Dequan Jiang
Haitian Lu
Mingming Zhou

State Capitalism vs. Private Enterprise
w20930 Alexander Ljungqvist
Donghua Chen
Dequan Jiang
Haitian Lu
Mingming Zhou

State Capitalism vs. Private Enterprise
w20930 Alexander Ljungqvist
Donghua Chen
Dequan Jiang
Haitian Lu
Mingming Zhou

State Capitalism vs. Private Enterprise
w20917 Joshua Aizenman
Yothin Jinjarak
Donghyun Park

Financial Development and Output Growth in Developing Asia and Latin America: A Comparative Sectoral Analysis
w20903 Richard T. Thakor
Andrew W. Lo

Competition and R&D Financing Decisions: Theory and Evidence from the Biopharmaceutical Industry
w20903 Richard T. Thakor
Andrew W. Lo

Competition and R&D Financing Decisions: Theory and Evidence from the Biopharmaceutical Industry
w20880 Jia Chen
Kewei Hou
René M. Stulz

Are Firms in "Boring" Industries Worth Less?
w20880 Jia Chen
Kewei Hou
René M. Stulz

Are Firms in "Boring" Industries Worth Less?
w20863 Ross Levine
Chen Lin
Wensi Xie

Spare Tire? Stock Markets, Banking Crises, and Economic Recoveries
w20863 Ross Levine
Chen Lin
Wensi Xie

Spare Tire? Stock Markets, Banking Crises, and Economic Recoveries
w20825 Camelia M. Kuhnen
Paul Oyer

Exploration for Human Capital: Evidence from the MBA Labor Market
2014
w20760 Liangliang Jiang
Ross Levine
Chen Lin

Competition and Bank Opacity
w20776 Christopher L. Culp
Yoshio Nozawa
Pietro Veronesi

Option-Based Credit Spreads
w20717 David Sraer
David Thesmar
Antoinette Schoar
Johan Hombert

Can Unemployment Insurance Spur Entrepreneurial Activity?
w20674 Yihui Pan
Tracy Yue Wang
Michael S. Weisbach

Does Uncertainty about Management Affect Firms' Costs of Borrowing?
w20674 Yihui Pan
Tracy Yue Wang
Michael S. Weisbach

Does Uncertainty about Management Affect Firms' Costs of Borrowing?
w20678 Anisha Ghosh
George M. Constantinides

Prices, Consumption, and Dividends Over the Business Cycle: A Tale of Two Regimes
w20665 Daron Acemoglu
Tarek A. Hassan
Ahmed Tahoun

The Power of the Street: Evidence from Egypt's Arab Spring
w20634 C. Fritz Foley
Kalina Manova

International Trade, Multinational Activity, and Corporate Finance
w20610 Patrick Bolton
Neng Wang
Jinqiang Yang

Investment Under Uncertainty and the Value of Real and Financial Flexibility
w20610 Patrick Bolton
Neng Wang
Jinqiang Yang

Investment Under Uncertainty and the Value of Real and Financial Flexibility
w20621 Lorenz Kueng
Mu-Jeung Yang
Bryan Hong

Sources of Firm Life-Cycle Dynamics: Differentiating Size vs. Age Effects
w20621 Lorenz Kueng
Mu-Jeung Yang
Bryan Hong

Sources of Firm Life-Cycle Dynamics: Differentiating Size vs. Age Effects
w20589 Francis Longstaff
Valuing Thinly-Traded Assets
w20592 Campbell R. Harvey
Yan Liu
Heqing Zhu

. . . and the Cross-Section of Expected Returns
w20578 Gordon Phillips
Giorgo Sertsios

Financing Decisions and Product Introductions of Private and Publicly Traded Firms
w20578 Gordon Phillips
Giorgo Sertsios

Financing Decisions and Product Introductions of Private and Publicly Traded Firms
w20578 Gordon Phillips
Giorgo Sertsios

Financing Decisions and Product Introductions of Private and Publicly Traded Firms
w20579 S. Katie Moon
Gordon M. Phillips

Outside Purchase Contracts, Human Capital and Firm Capital Structure
w20579 S. Katie Moon
Gordon M. Phillips

Outside Purchase Contracts, Human Capital and Firm Capital Structure
w20581 John Graham
Mark T. Leary
Michael R. Roberts

How Does Government Borrowing Affect Corporate Financing and Investment?
w20581 John Graham
Mark T. Leary
Michael R. Roberts

How Does Government Borrowing Affect Corporate Financing and Investment?
w20442 Andrea L. Eisfeldt
Tyler Muir

Aggregate External Financing and Savings Waves
w20442 Andrea L. Eisfeldt
Tyler Muir

Aggregate External Financing and Savings Waves
w20476 Alex Edmans
Luis Goncalves-Pinto
Yanbo Wang
Moqi Xu

Strategic News Releases in Equity Vesting Months
w20481 Timothy W. Guinnane
Ron Harris
Naomi R. Lamoreaux

Contractual Freedom and the Evolution of Corporate Control in Britain, 1862 to 1929
w20484 Michael R. Roberts
The Role of Dynamic Renegotiation and Asymmetric Information in Financial Contracting
w20468 Matthias Efing
Harald Hau
Patrick Kampkötter
Johannes Steinbrecher

Incentive Pay and Bank Risk-Taking: Evidence from Austrian, German, and Swiss Banks
w20420 Alex Edmans
Doron Levit
Devin Reilly

Governance and Comovement Under Common Ownership
w20372 Francis A. Longstaff
Ilya A. Strebulaev

Corporate Taxes and Capital Structure: A Long-Term Historical Perspective
w20372 Francis A. Longstaff
Ilya A. Strebulaev

Corporate Taxes and Capital Structure: A Long-Term Historical Perspective
w20345 Alberto Bisin
Piero Gottardi
Guido Ruta

Equilibrium Corporate Finance and Intermediation
w20345 Alberto Bisin
Piero Gottardi
Guido Ruta

Equilibrium Corporate Finance and Intermediation
w20350 Casey Dougal
Christopher A. Parsons
Sheridan Titman

Urban Vibrancy and Corporate Growth
w20350 Casey Dougal
Christopher A. Parsons
Sheridan Titman

Urban Vibrancy and Corporate Growth
w20356 Eric Hilt
History of American Corporate Governance: Law, Institutions, and Politics
w20336 Tatiana Didier
Ross Levine
Sergio L. Schmukler

Capital Market Financing, Firm Growth, Firm Size Distribution
w20286 Claudia M. Buch
Linda S. Goldberg

International Banking and Liquidity Risk Transmission: Lessons from Across Countries
w20310 Justin Murfin
Mitchell Petersen

Loans on sale: Credit market seasonality, borrower need, and lender rents
w20285 Ricardo Correa
Linda S. Goldberg
Tara Rice

Liquidity Risk and U.S. Bank Lending at Home and Abroad
w20300 Alex Edmans
Lucius Li
Chendi Zhang

Employee Satisfaction, Labor Market Flexibility, and Stock Returns Around The World
w20274 René M. Stulz
Governance, Risk Management, and Risk-Taking in Banks
w20254 Efraim Benmelech
Nittai Bergman
Anna Milanez
Vladimir Mukharlyamov

The Agglomeration of Bankruptcy
w20254 Efraim Benmelech
Nittai Bergman
Anna Milanez
Vladimir Mukharlyamov

The Agglomeration of Bankruptcy
w20187 Jaewon Choi
Matthew P. Richardson
Robert F. Whitelaw

On the Fundamental Relation Between Equity Returns and Interest Rates
w20176 Stephen G. Dimmock
William C. Gerken
Zoran Ivković
Scott J. Weisbenner

Capital Gains Lock-In and Governance Choices
w20121 Murillo Campello
Rafael Perez Ribas
Yan Wang

Is the Stock Market Just a Side Show? Evidence from a Structural Reform
w20138 Jonathan B. Berk
Jules H. van Binsbergen
Binying Liu

Matching Capital and Labor
w20138 Jonathan B. Berk
Jules H. van Binsbergen
Binying Liu

Matching Capital and Labor
w20099 Paul Bergin
Ling Feng
Ching-Yi Lin

Financial Frictions and Firm Dynamics
w20081 Francesco Bianchi
Cosmin L. Ilut
Martin Schneider

Uncertainty Shocks, Asset Supply and Pricing over the Business Cycle
w20090 Raymond Fisman
Yongxiang Wang

Corruption in Chinese Privatizations
w20078 Howard Bodenhorn
Eugene N. White

The Evolution of Bank Boards of Directors in New York, 1840-1950
w20028 Benjamin E. Hermalin
Michael S. Weisbach

Understanding Corporate Governance Through Learning Models of Managerial Competence
w20038 Simon Gilchrist
Jae W. Sim
Egon Zakrajšek

Uncertainty, Financial Frictions, and Investment Dynamics
w20009 Patrick Bolton
Hui Chen
Neng Wang

Debt, Taxes, and Liquidity
w20009 Patrick Bolton
Hui Chen
Neng Wang

Debt, Taxes, and Liquidity
w19991 David Yermack
Yuanzhi Li

Evasive Shareholder Meetings
w19975 David Yermack
Yehuda Izhakian

Risk, Ambiguity, and the Exercise of Employee Stock Options
w19953 C. Fritz Foley
Paul Goldsmith-Pinkham
Jonathan Greenstein
Eric Zwick

Opting Out of Good Governance
w19957 Peter Koudijs
Hans-Joachim Voth

Leverage and Beliefs: Personal Experience and Risk Taking in Margin Lending
w19946 Konstantin Milbradt
Martin Oehmke

Maturity Rationing and Collective Short-Termism
w19946 Konstantin Milbradt
Martin Oehmke

Maturity Rationing and Collective Short-Termism
w19946 Konstantin Milbradt
Martin Oehmke

Maturity Rationing and Collective Short-Termism
w19947 Dirk Czarnitzki
Bronwyn H. Hall
Hanna Hottenrott

Patents as Quality Signals? The Implications for Financing Constraints on R&D
w19910 John Graham
Mark T. Leary
Michael R. Roberts

A Century of Capital Structure: The Leveraging of Corporate America
w19901 Serguey Braguinsky
Atsushi Ohyama
Tetsuji Okazaki
Chad Syverson

Acquisitions, Productivity, and Profitability: Evidence from the Japanese Cotton Spinning Industry
w19845 Manuel Adelino
Song Ma
David T. Robinson

Firm Age, Investment Opportunities, and Job Creation
w19799 Dalida Kadyrzhanova
Matthew Rhodes-Kropf

Governing Misvalued Firms
w19799 Dalida Kadyrzhanova
Matthew Rhodes-Kropf

Governing Misvalued Firms
w19799 Dalida Kadyrzhanova
Matthew Rhodes-Kropf

Governing Misvalued Firms
w19806 Charles W. Calomiris
Mark Carlson

Corporate Governance and Risk Management at Unprotected Banks: National Banks in the 1890s
w19809 Kathy Fogel
Liping Ma
Randall Morck

Powerful Independent Directors
w19809 Kathy Fogel
Liping Ma
Randall Morck

Powerful Independent Directors
w19809 Kathy Fogel
Liping Ma
Randall Morck

Powerful Independent Directors
w19782 Efraim Benmelech
Carola Frydman

Military CEOs
w19782 Efraim Benmelech
Carola Frydman

Military CEOs
w19782 Efraim Benmelech
Carola Frydman

Military CEOs
w19786 Geert Bekaert
Campbell R. Harvey
Christian T. Lundblad
Stephan Siegel

Political Risk Spreads
2013
w19691 Eugene Kandel
Konstantin Kosenko
Randall Morck
Yishay Yafeh

The Great Pyramids of America: A Revised History of US Business Groups, Corporate Ownership and Regulation, 1930-1950
w19707 Viral V. Acharya
Hanh Le
Hyun Song Shin

Bank Capital and Dividend Externalities
w19707 Viral V. Acharya
Hanh Le
Hyun Song Shin

Bank Capital and Dividend Externalities
w19707 Viral V. Acharya
Hanh Le
Hyun Song Shin

Bank Capital and Dividend Externalities
w19708 Viral V. Acharya
Zhaoxia Xu

Financial Dependence and Innovation: The Case of Public versus Private Firms
w19708 Viral V. Acharya
Zhaoxia Xu

Financial Dependence and Innovation: The Case of Public versus Private Firms
w19680 Martin C. Schmalz
David A. Sraer
David Thesmar

Housing Collateral and Entrepreneurship
w19669 Kerry Back
Tao Li
Alexander Ljungqvist

Liquidity and Governance
w19633 William Gornall
Ilya A. Strebulaev

Financing as a Supply Chain: The Capital Structure of Banks and Borrowers
w19633 William Gornall
Ilya A. Strebulaev

Financing as a Supply Chain: The Capital Structure of Banks and Borrowers
w19609 Annette Alstadsæter
Wojciech Kopczuk
Kjetil Telle

Are Closely-Held Firms Tax Shelters?
w19612 Morten Sorensen
Neng Wang
Jinqiang Yang

Valuing Private Equity
w19619 Pierre Collin-Dufresne
Vyacheslav Fos

Moral Hazard, Informed Trading, and Stock Prices
w19619 Pierre Collin-Dufresne
Vyacheslav Fos

Moral Hazard, Informed Trading, and Stock Prices
w19594 Thomas F. Cooley
Ramon Marimon
Vincenzo Quadrini

Risky Investments with Limited Commitment
w19606 Sumit Agarwal
Itzhak Ben-David
Vincent Yao

Collateral Valuation and Borrower Financial Constraints: Evidence from the Residential Real Estate Market
w19573 Alex Edmans
Blockholders and Corporate Governance
w19551 Joan Farre-Mensa
Alexander Ljungqvist

Do Measures of Financial Constraints Measure Financial Constraints?
w19551 Joan Farre-Mensa
Alexander Ljungqvist

Do Measures of Financial Constraints Measure Financial Constraints?
w19551 Joan Farre-Mensa
Alexander Ljungqvist

Do Measures of Financial Constraints Measure Financial Constraints?
w19557 Luigi Guiso
Paola Sapienza
Luigi Zingales

The Value of Corporate Culture
w19497 Linda S. Goldberg
Banking Globalization, Transmission, and Monetary Policy Autonomy
w19502 Heitor Almeida
Murillo Campello
Igor Cunha
Michael S. Weisbach

Corporate Liquidity Management: A Conceptual Framework and Survey
w19502 Heitor Almeida
Murillo Campello
Igor Cunha
Michael S. Weisbach

Corporate Liquidity Management: A Conceptual Framework and Survey
w19467 Patrick Bolton
Xavier Freixas
Leonardo Gambacorta
Paolo Emilio Mistrulli

Relationship and Transaction Lending in a Crisis
w19462 Hyunbae Chun
Jung-Wook Kim
Randall Morck

Productivity Growth and Stock Returns: Firm- and Aggregate-Level Analyses
w19420 Alex Edmans
Mirko Heinle
Chong Huang

The Real Costs of Disclosure
w19428 Claudio Loderer
René Stulz
Urs Waelchli

Limited Managerial Attention and Corporate Aging
w19432 Ing-Haw Cheng
Harrison Hong
Kelly Shue

Do Managers Do Good with Other People's Money?
w19432 Ing-Haw Cheng
Harrison Hong
Kelly Shue

Do Managers Do Good with Other People's Money?
w19395 William Mullins
Antoinette Schoar

How do CEOs see their Role? Management Philosophy and Styles in Family and Non-Family Firms
w19395 William Mullins
Antoinette Schoar

How do CEOs see their Role? Management Philosophy and Styles in Family and Non-Family Firms
w19407 Alex Edmans
Vivian W. Fang
Katharina A. Lewellen

Equity Vesting and Managerial Myopia
w19407 Alex Edmans
Vivian W. Fang
Katharina A. Lewellen

Equity Vesting and Managerial Myopia
w19415 Bo Becker
Jens Josephson

Insolvency Resolution and the Missing High Yield Bond Markets
w19415 Bo Becker
Jens Josephson

Insolvency Resolution and the Missing High Yield Bond Markets
w19378 Marc Martos-Vila
Matthew Rhodes-Kropf
Jarrad Harford

Financial vs. Strategic Buyers
w19379 Ramana Nanda
Matthew Rhodes-Kropf

Innovation and the Financial Guillotine
w19380 Ross Levine
Yona Rubinstein

Liberty for More: Finance and Educational Opportunities
w19358 Ulf Brüggemann
Aditya Kaul
Christian Leuz
Ingrid M. Werner

The Twilight Zone: OTC Regulatory Regimes and Market Quality
w19358 Ulf Brüggemann
Aditya Kaul
Christian Leuz
Ingrid M. Werner

The Twilight Zone: OTC Regulatory Regimes and Market Quality
w19330 Yihui Pan
Tracy Yue Wang
Michael S. Weisbach

CEO Investment Cycles
w19330 Yihui Pan
Tracy Yue Wang
Michael S. Weisbach

CEO Investment Cycles
w19347 Arthur Korteweg
Stefan Nagel

Risk-Adjusting the Returns to Venture Capital
w19276 Ross Levine
Yona Rubinstein

Smart and Illicit: Who Becomes an Entrepreneur and Do They Earn More?
w19278 Russell Cooper
Kalin Nikolov

Government Debt and Banking Fragility: The Spreading of Strategic Uncertainty
w19261 Lee Biggerstaff
David C. Cicero
Andy Puckett

Unethical Culture, Suspect CEOs and Corporate Misbehavior
w19261 Lee Biggerstaff
David C. Cicero
Andy Puckett

Unethical Culture, Suspect CEOs and Corporate Misbehavior
w19251 Joseph J. Gerakos
Chad Syverson

Competition in the Audit Market: Policy Implications
w19229 René M. Stulz
Dimitrios Vagias
Mathijs A. van Dijk

Do Firms Issue more equity when markets are more liquid?
w19204 Andrew G. Atkeson
Andrea L. Eisfeldt
Pierre-Olivier Weill

Measuring the Financial Soundness of U.S. Firms, 1926-2012
w19170 Thomas Chaney
Liquidity Constrained Exporters
w19139 Harry DeAngelo
René M. Stulz

Why High Leverage is Optimal for Banks
w19146 Rajnish Mehra
Asset Pricing Implications of Macroeconomic Interventions An Application to Climate Policy
w19120 Michael Ewens
Matthew Rhodes-Kropf

Is a VC Partnership Greater than the Sum of its Partners?
w19120 Michael Ewens
Matthew Rhodes-Kropf

Is a VC Partnership Greater than the Sum of its Partners?
w19078 Xavier Gabaix
Augustin Landier
Julien Sauvagnat

CEO Pay and Firm Size: an Update after the Crisis
w19081 T. Christopher Borek
Angelo Frattarelli
Oliver Hart

Tax Shelters or Efficient Tax Planning? A Theory of The Firm Perspective On the Economic Substance Doctrine
w19051 Tobias Berg
Manju Puri
Jorg Rocholl

Loan officer Incentives and the Limits of Hard Information
w19017 Randall Morck
Bernard Yeung
Wayne Yu

R-squared and the Economy
w19018 Malcolm Baker
Jeffrey Wurgler

Do Strict Capital Requirements Raise the Cost of Capital? Banking Regulation and the Low Risk Anomaly
w19004 Randall Morck
M. Deniz Yavuz
Bernard Yeung

State-run Banks, Money Growth, and the Real Economy
w18955 Howard Bodenhorn
Large Block Shareholders, Institutional Investors, Boards of Directors and Bank Value in the Nineteenth Century
w18943 Tobias Adrian
Hyun Song Shin

Procyclical Leverage and Value-at-Risk
w18903 Jongha Lim
Berk A. Sensoy
Michael S. Weisbach

Indirect Incentives of Hedge Fund Managers
w18909 Bo Becker
Victoria Ivashina

Reaching for Yield in the Bond Market
w18914 Stefano Giglio
Kelly Shue

No News is News: Do Markets Underreact to Nothing?
w18882 Yihui Pan
Tracy Yue Wang
Michael S. Weisbach

Learning about CEO Ability and Stock Return Volatility
w18882 Yihui Pan
Tracy Yue Wang
Michael S. Weisbach

Learning about CEO Ability and Stock Return Volatility
w18886 Tanja Artiga González
Markus Schmid
David Yermack

Smokescreen: How Managers Behave When They Have Something To Hide
w18890 Mary Amiti
David E. Weinstein

How Much do Bank Shocks Affect Investment? Evidence from Matched Bank-Firm Loan Data
w18891 Viral V. Acharya
Marco Pagano
Paolo Volpin

Seeking Alpha: Excess Risk Taking and Competition for Managerial Talent
w18891 Viral V. Acharya
Marco Pagano
Paolo Volpin

Seeking Alpha: Excess Risk Taking and Competition for Managerial Talent
w18892 Viral V. Acharya
Heitor Almeida
Filippo Ippolito
Ander Perez

Credit Lines as Monitored Liquidity Insurance: Theory and Evidence
w18892 Viral V. Acharya
Heitor Almeida
Filippo Ippolito
Ander Perez

Credit Lines as Monitored Liquidity Insurance: Theory and Evidence
w18895 Kris James Mitchener
Gary Richardson

Does "Skin in the Game" Reduce Risk Taking? Leverage, Liability and the Long-Run Consequences of New Deal Banking Reforms
w18868 Manuel Adelino
Antoinette Schoar
Felipe Severino

House Prices, Collateral and Self-Employment
w18840 Isil Erel
Yeejin Jang
Michael S. Weisbach

Do Acquisitions Relieve Target Firms' Financial Constraints?
w18840 Isil Erel
Yeejin Jang
Michael S. Weisbach

Do Acquisitions Relieve Target Firms' Financial Constraints?
w18857 Augustin Landier
David Sraer
David Thesmar

Banks' Exposure to Interest Rate Risk and The Transmission of Monetary Policy
w18793 Berk A. Sensoy
Yingdi Wang
Michael S. Weisbach

Limited Partner Performance and the Maturing of the Private Equity Industry
w18762 Jing Wu
Joseph Gyourko
Yongheng Deng

Is There Evidence of a Real Estate Collateral Channel Effect on Listed Firm Investment in China?
w18766 Jaromir Nosal
Guillermo Ordoñez

Uncertainty as Commitment
w18766 Jaromir Nosal
Guillermo Ordoñez

Uncertainty as Commitment
w18724 Robert L. McDonald
Measuring Margin
w18677 Alex Edmans
William Mann

Financing Through Asset Sales
w18677 Alex Edmans
William Mann

Financing Through Asset Sales
2012
w18634 Nolan Miller
Alexander F. Wagner
Richard J. Zeckhauser

Solomonic Separation: Risk Decisions as Productivity Indicators
w18650 Laura Alfaro
Anusha Chari

Deregulation, Misallocation, and Size: Evidence from India
w18650 Laura Alfaro
Anusha Chari

Deregulation, Misallocation, and Size: Evidence from India
w18592 Xavier Giroud
Holger M. Mueller

Capital and Labor Reallocation Inside Firms
w18600 Jennie Bai
Shang-Jin Wei

When Is There a Strong Transfer Risk from the Sovereigns to the Corporates? Property Rights Gaps and CDS Spreads
w18609 Sumit Agarwal
Efraim Benmelech
Nittai Bergman
Amit Seru

Did the Community Reinvestment Act (CRA) Lead to Risky Lending?
w18561 Kalina Manova
Zhihong Yu

How Firms Export: Processing vs. Ordinary Trade with Financial Frictions
w18537 Robin Greenwood
Augustin Landier
David Thesmar

Vulnerable Banks
w18549 Tobias Adrian
Brian Begalle
Adam Copeland
Antoine Martin

Repo and Securities Lending
w18516 Viral V. Acharya
Ramin P. Baghai
Krishnamurthy V. Subramanian

Wrongful Discharge Laws and Innovation
w18472 Jesse Edgerton
Investment, Accounting, and the Salience of the Corporate Income Tax
w18476 Harrison Hong
Jeffrey D. Kubik
Jose A. Scheinkman

Financial Constraints on Corporate Goodness
w18476 Harrison Hong
Jeffrey D. Kubik
Jose A. Scheinkman

Financial Constraints on Corporate Goodness
w18476 Harrison Hong
Jeffrey D. Kubik
Jose A. Scheinkman

Financial Constraints on Corporate Goodness
w18452 Pierre Collin-Dufresne
Vyacheslav Fos

Do prices reveal the presence of informed trading?
w18452 Pierre Collin-Dufresne
Vyacheslav Fos

Do prices reveal the presence of informed trading?
w18414 Bruce A. Blonigen
Lionel Fontagné
Nicholas Sly
Farid Toubal

Cherries for Sale: Export Networks and the Incidence of Cross-Border M&A
w18415 Peter Egger
Christian Keuschnigg
Valeria Merlo
Georg Wamser

Corporate Taxes and Internal Borrowing within Multinational Firms
w18360 Guillermo Ordoñez
The Asymmetric Effects of Financial Frictions
w18395 Steven N. Kaplan
Executive Compensation and Corporate Governance in the U.S.: Perceptions, Facts and Challenges
w18395 Steven N. Kaplan
Executive Compensation and Corporate Governance in the U.S.: Perceptions, Facts and Challenges
w18356 Jongha Lim
Bernadette A. Minton
Michael Weisbach

Syndicated Loan Spreads and the Composition of the Syndicate
w18367 Hui Chen
Yu Xu
Jun Yang

Systematic Risk, Debt Maturity, and the Term Structure of Credit Spreads
w18367 Hui Chen
Yu Xu
Jun Yang

Systematic Risk, Debt Maturity, and the Term Structure of Credit Spreads
w18346 Gordon M. Phillips
Alexei Zhdanov

R&D and the Incentives from Merger and Acquisition Activity
w18346 Gordon M. Phillips
Alexei Zhdanov

R&D and the Incentives from Merger and Acquisition Activity
w18297 Albert N. Link
Christopher J. Ruhm
Donald S. Siegel

Private Equity and the Innovation Strategies of Entrepreneurial Firms: Empirical Evidence from the Small Business Innovation Research Program
w18270 Craig B. Merrill
Taylor D. Nadauld
René M. Stulz
Shane Sherlund

Did Capital Requirements and Fair Value Accounting Spark Fire Sales in Distressed Mortgage-Backed Securities?
w18274 Nicolas Berman
José De Sousa
Philippe Martin
Thierry Mayer

Time to Ship During Financial Crises
w18263 Florian Heider
Alexander Ljungqvist

As Certain as Debt and Taxes: Estimating the Tax Sensitivity of Leverage from Exogenous State Tax Changes
w18242 Malcolm Baker
Jeffrey Wurgler

Dividends as Reference Points: A Behavioral Signaling Approach
w18208 Jennifer Brown
David A. Matsa

Boarding a Sinking Ship? An Investigation of Job Applications to Distressed Firms
w18208 Jennifer Brown
David A. Matsa

Boarding a Sinking Ship? An Investigation of Job Applications to Distressed Firms
w18211 Ulrike Malmendier
Marcus Matthias Opp
Farzad Saidi

Target Revaluation after Failed Takeover Attempts - Cash versus Stock
w18141 Paul Gompers
Vladimir Mukharlyamov
Yuhai Xuan

The Cost of Friendship
w18147 Murillo Campello
Erasmo Giambona

Real Assets and Capital Structure
w18148 Stewart C. Myers
James A. Read
Jr.

Real Options, Taxes and Financial Leverage
w18148 Stewart C. Myers
James A. Read
Jr.

Real Options, Taxes and Financial Leverage
w18160 Douglas W. Diamond
Zhiguo He

A Theory of Debt Maturity: The Long and Short of Debt Overhang
w18154 Loukas Karabarbounis
Brent Neiman

Declining Labor Shares and the Global Rise of Corporate Saving
w18154 Loukas Karabarbounis
Brent Neiman

Declining Labor Shares and the Global Rise of Corporate Saving
w18120 Lee Pinkowitz
René M. Stulz
Rohan Williamson

Multinationals and the High Cash Holdings Puzzle
w18107 Mihir A. Desai
C. Fritz Foley
James R. Hines Jr.

Trade Credit and Taxes
w18107 Mihir A. Desai
C. Fritz Foley
James R. Hines Jr.

Trade Credit and Taxes
w18082 Christopher L. Foote
Kristopher S. Gerardi
Paul S. Willen

Why Did So Many People Make So Many Ex Post Bad Decisions? The Causes of the Foreclosure Crisis
w18024 Ulrike Malmendier
Enrico Moretti
Florian S. Peters

Winning by Losing: Evidence on the Long-Run Effects of Mergers
w18001 Robert Davidson
Aiyesha Dey
Abbie J. Smith

Executives' "Off-The-Job" Behavior, Corporate Culture, and Financial Reporting Risk
w18001 Robert Davidson
Aiyesha Dey
Abbie J. Smith

Executives' "Off-The-Job" Behavior, Corporate Culture, and Financial Reporting Risk
w18001 Robert Davidson
Aiyesha Dey
Abbie J. Smith

Executives' "Off-The-Job" Behavior, Corporate Culture, and Financial Reporting Risk
w17981 Yan Leung Cheung
P. Raghavendra Rau
Aris Stouraitis

How much do firms pay as bribes and what benefits do they get? Evidence from corruption cases worldwide
w17935 Zhiguo He
Wei Xiong

Debt Financing in Asset Markets
w17940 David Yermack
Tailspotting: Identifying and profiting from CEO vacation trips
w17942 David T. Robinson
Berk A. Sensoy

Do Private Equity Managers Earn Their Fees? Compensation, Ownership, and Cash Flow Performance
w17945 Steven Grenadier
Andrey Malenko
Ilya A. Strebulaev

Investment Busts, Reputation, and the Temptation to Blend in with the Crowd
w17945 Steven Grenadier
Andrey Malenko
Ilya A. Strebulaev

Investment Busts, Reputation, and the Temptation to Blend in with the Crowd
w17945 Steven Grenadier
Andrey Malenko
Ilya A. Strebulaev

Investment Busts, Reputation, and the Temptation to Blend in with the Crowd
w17946 Ilya A. Strebulaev
Baozhong Yang

The Mystery of Zero-Leverage Firms
w17946 Ilya A. Strebulaev
Baozhong Yang

The Mystery of Zero-Leverage Firms
w17946 Ilya A. Strebulaev
Baozhong Yang

The Mystery of Zero-Leverage Firms
w17946 Ilya A. Strebulaev
Baozhong Yang

The Mystery of Zero-Leverage Firms
w17950 Robert G. Eccles
Ioannis Ioannou
George Serafeim

The Impact of Corporate Sustainability on Organizational Processes and Performance
w17920 Zhiguo He
Gregor Matvos

Debt and Creative Destruction: Why Could Subsidizing Corporate Debt be Optimal?
w17909 Charles A.E. Goodhart
Anil K Kashyap
Dimitrios P. Tsomocos
Alexandros P. Vardoulakis

Financial Regulation in General Equilibrium
w17904 Nikolai Roussanov
Pavel G. Savor

Status, Marriage, and Managers' Attitudes To Risk
w17856 Jongha Lim
Bernadette A. Minton
Michael S. Weisbach

Equity-Holding Institutional Lenders: Do they Receive Better Terms?
w17856 Jongha Lim
Bernadette A. Minton
Michael S. Weisbach

Equity-Holding Institutional Lenders: Do they Receive Better Terms?
w17867 Isil Erel
Yeejin Jang
Michael S. Weisbach

Financing-Motivated Acquisitions
w17867 Isil Erel
Yeejin Jang
Michael S. Weisbach

Financing-Motivated Acquisitions
w17867 Isil Erel
Yeejin Jang
Michael S. Weisbach

Financing-Motivated Acquisitions
w17873 Nicola Cetorelli
Linda S. Goldberg

Follow the Money: Quantifying Domestic Effects of Foreign Bank Shocks in the Great Recession
w17874 Robert S. Harris
Tim Jenkinson
Steven N. Kaplan

Private Equity Performance: What Do We Know?
w17854 Kay Giesecke
Francis A. Longstaff
Stephen Schaefer
Ilya Strebulaev

Macroeconomic Effects of Corporate Default Crises: A Long-Term Perspective
w17831 Atif R. Mian
Amir Sufi
Francesco Trebbi

Resolving Debt Overhang: Political Constraints in the Aftermath of Financial Crises
w17831 Atif R. Mian
Amir Sufi
Francesco Trebbi

Resolving Debt Overhang: Political Constraints in the Aftermath of Financial Crises
w17797 Bo Becker
Daniel Bergstresser
Guhan Subramanian

Does Shareholder Proxy Access Improve Firm Value? Evidence from the Business Roundtable Challenge
w17797 Bo Becker
Daniel Bergstresser
Guhan Subramanian

Does Shareholder Proxy Access Improve Firm Value? Evidence from the Business Roundtable Challenge
w17797 Bo Becker
Daniel Bergstresser
Guhan Subramanian

Does Shareholder Proxy Access Improve Firm Value? Evidence from the Business Roundtable Challenge
w17805 Murillo Campello
Dirk Hackbarth

The Firm-Level Credit Multiplier
w17805 Murillo Campello
Dirk Hackbarth

The Firm-Level Credit Multiplier
w17808 Howard Bodenhorn
Voting Rights, Share Concentration, and Leverage at Nineteenth-Century US Banks
w17760 Raghuram Rajan
The Corporation in Finance
w17763 Juan Carlos Gozzi
Ross Levine
Maria Soledad Martinez Peria
Sergio L. Schmukler

How Firms Use Domestic and International Corporate Bond Markets
2011
w17717 Gregor Matvos
Amit Seru

Resource Allocation within Firms and Financial Market Dislocation: Evidence from Diversified Conglomerates
w17719 Philip Bond
Alex Edmans
Itay Goldstein

The Real Effects of Financial Markets
w17719 Philip Bond
Alex Edmans
Itay Goldstein

The Real Effects of Financial Markets
w17696 Viral V. Acharya
Bart M. Lambrecht

A Theory of Income Smoothing When Insiders Know More Than Outsiders
w17696 Viral V. Acharya
Bart M. Lambrecht

A Theory of Income Smoothing When Insiders Know More Than Outsiders
w17660 Martin Goetz
Luc Laeven
Ross Levine

The Valuation Effects of Geographic Diversification: Evidence from U.S. Banks
w17663 Dirk Jenter
Katharina Lewellen

CEO Preferences and Acquisitions
w17663 Dirk Jenter
Katharina Lewellen

CEO Preferences and Acquisitions
w17663 Dirk Jenter
Katharina Lewellen

CEO Preferences and Acquisitions
w17661 Bo Becker
Per Strömberg

Fiduciary Duties and Equity-Debtholder Conflicts
w17661 Bo Becker
Per Strömberg

Fiduciary Duties and Equity-Debtholder Conflicts
w17631 Hui Tong
Shang-Jin Wei

Does Trade Globalization Induce or Inhibit Corporate Transparency? Unbundling the Growth Potential and Product Market Competition Channels
w17599 Patrick Bolton
Martin Oehmke

Should Derivatives be Privileged in Bankruptcy?
w17582 Alex Edmans
Itay Goldstein
Wei Jiang

Feedback Effects and the Limits to Arbitrage
w17590 Antoinette Schoar
Luo Zuo

Shaped by Booms and Busts: How the Economy Impacts CEO Careers and Management Styles
w17590 Antoinette Schoar
Luo Zuo

Shaped by Booms and Busts: How the Economy Impacts CEO Careers and Management Styles
w17590 Antoinette Schoar
Luo Zuo

Shaped by Booms and Busts: How the Economy Impacts CEO Careers and Management Styles
w17567 Alex Edmans
Vivian W. Fang
Emanuel Zur

The Effect of Liquidity on Governance
w17567 Alex Edmans
Vivian W. Fang
Emanuel Zur

The Effect of Liquidity on Governance
w17548 Elias Albagli
Christian Hellwig
Aleh Tsyvinski

A Theory of Asset Pricing Based on Heterogeneous Information
w17518 Todd A. Gormley
Simon Johnson
Changyong Rhee

Ending "Too Big To Fail": Government Promises vs. Investor Perceptions
w17516 John Y. Campbell
João F. Cocco

A Model of Mortgage Default
w17517 Alon Brav
Wei Jiang
Hyunseob Kim

The Real Effects of Hedge Fund Activism: Productivity, Asset Allocation, and Labor Outcomes
w17517 Alon Brav
Wei Jiang
Hyunseob Kim

The Real Effects of Hedge Fund Activism: Productivity, Asset Allocation, and Labor Outcomes
w17509 Miriam Schwartz-Ziv
Michael Weisbach

What do Boards Really Do? Evidence from Minutes of Board Meetings
w17481 Bo Becker
Marcus Jacob
Martin Jacob

Payout Taxes and the Allocation of Investment
w17481 Bo Becker
Marcus Jacob
Martin Jacob

Payout Taxes and the Allocation of Investment
w17463 Asli M. Arikan
René M. Stulz

Corporate Acquisitions, Diversification, and the Firm's Lifecycle
w17468 Efraim Benmelech
Eyal Dvir

Does Short-Term Debt Increase Vulnerability to Crisis? Evidence from the East Asian Financial Crisis
w17468 Efraim Benmelech
Eyal Dvir

Does Short-Term Debt Increase Vulnerability to Crisis? Evidence from the East Asian Financial Crisis
w17387 John R. Graham
Sonali Hazarika
Krishnamoorthy Narasimhan

Corporate Governance, Debt, and Investment Policy during the Great Depression
w17387 John R. Graham
Sonali Hazarika
Krishnamoorthy Narasimhan

Corporate Governance, Debt, and Investment Policy during the Great Depression
w17387 John R. Graham
Sonali Hazarika
Krishnamoorthy Narasimhan

Corporate Governance, Debt, and Investment Policy during the Great Depression
w17393 Bo Becker
Henrik Cronqvist
Rüdiger Fahlenbrach

Estimating the Effects of Large Shareholders Using a Geographic Instrument
w17393 Bo Becker
Henrik Cronqvist
Rüdiger Fahlenbrach

Estimating the Effects of Large Shareholders Using a Geographic Instrument
w17394 John Asker
Joan Farre-Mensa
Alexander Ljungqvist

Comparing the Investment Behavior of Public and Private Firms
w17394 John Asker
Joan Farre-Mensa
Alexander Ljungqvist

Comparing the Investment Behavior of Public and Private Firms
w17394 John Asker
Joan Farre-Mensa
Alexander Ljungqvist

Comparing the Investment Behavior of Public and Private Firms
w17399 Steven J. Davis
John C. Haltiwanger
Ron S. Jarmin
Josh Lerner
Javier Miranda

Private Equity and Employment
w17368 John R. Graham
Si Li
Jiaping Qiu

Managerial Attributes and Executive Compensation
w17370 John R. Graham
Campbell R. Harvey
Manju Puri

Capital Allocation and Delegation of Decision-Making Authority within Firms
w17370 John R. Graham
Campbell R. Harvey
Manju Puri

Capital Allocation and Delegation of Decision-Making Authority within Firms
w17370 John R. Graham
Campbell R. Harvey
Manju Puri

Capital Allocation and Delegation of Decision-Making Authority within Firms
w17303 Carola Frydman
Raven Molloy

Pay Cuts for the Boss: Executive Compensation in the 1940s
w17321 Marcin Kacperczyk
Philipp Schnabl

Implicit Guarantees and Risk Taking: Evidence from Money Market Funds
w17321 Marcin Kacperczyk
Philipp Schnabl

Implicit Guarantees and Risk Taking: Evidence from Money Market Funds
w17330 Elias Albagli
Christian Hellwig
Aleh Tsyvinski

Information Aggregation, Investment, and Managerial Incentives
w17333 Malcolm Baker
Jeffrey Wurgler

Behavioral Corporate Finance: An Updated Survey
w17333 Malcolm Baker
Jeffrey Wurgler

Behavioral Corporate Finance: An Updated Survey
w17333 Malcolm Baker
Jeffrey Wurgler

Behavioral Corporate Finance: An Updated Survey
w17333 Malcolm Baker
Jeffrey Wurgler

Behavioral Corporate Finance: An Updated Survey
w17333 Malcolm Baker
Jeffrey Wurgler

Behavioral Corporate Finance: An Updated Survey
w17333 Malcolm Baker
Jeffrey Wurgler

Behavioral Corporate Finance: An Updated Survey
w17290 Armen Hovakimian
Ayla Kayhan
Sheridan Titman

Are Corporate Default Probabilities Consistent with the Static Tradeoff Theory?
w17290 Armen Hovakimian
Ayla Kayhan
Sheridan Titman

Are Corporate Default Probabilities Consistent with the Static Tradeoff Theory?
w17281 Darrell Duffie
Systemic Risk Exposures: A 10-by-10-by-10 Approach
w17285 Xiaoji Lin
Lu Zhang

Covariances versus Characteristics in General Equilibrium
w17292 Clemens Sialm
T. Mandy Tham

Spillover Effects in Mutual Fund Companies
w17233 Gordon M. Phillips
Giorgo Sertsios

How Do Firm Financial Conditions Affect Product Quality and Pricing?
w17237 Michelle J. White
Corporate and Personal Bankruptcy Law
w17221 Gerard Hoberg
Gordon M. Phillips

Conglomerate Industry Choice and Product Differentiation
w17192 Efraim Benmelech
Nittai K. Bergman
Ricardo Enriquez

Negotiating with Labor Under Financial Distress
w17192 Efraim Benmelech
Nittai K. Bergman
Ricardo Enriquez

Negotiating with Labor Under Financial Distress
w17197 Robin Greenwood
Samuel G. Hanson

Issuer Quality and the Credit Cycle
w17169 Chongyang Chen
Zhonglan Dai
Douglas Shackelford
Harold Zhang

Does Financial Constraint Affect Shareholder Taxes and the Cost of Equity Capital?
w17169 Chongyang Chen
Zhonglan Dai
Douglas Shackelford
Harold Zhang

Does Financial Constraint Affect Shareholder Taxes and the Cost of Equity Capital?
w17127 Lucian A. Bebchuk
Alma Cohen
Charles C.Y. Wang

Staggered Boards and the Wealth of Shareholders: Evidence from Two Natural Experiments
w17127 Lucian A. Bebchuk
Alma Cohen
Charles C.Y. Wang

Staggered Boards and the Wealth of Shareholders: Evidence from Two Natural Experiments
w17134 Jingjing Chai
Raimond Maurer
Olivia S. Mitchell
Ralph Rogalla

Lifecycle Impacts of the Financial and Economic Crisis on Household Optimal Consumption, Portfolio Choice, and Labor Supply
w17136 Viral V. Acharya
Itamar Drechsler
Philipp Schnabl

A Pyrrhic Victory? - Bank Bailouts and Sovereign Credit Risk
w17144 Efraim Benmelech
Nittai K. Bergman
Amit Seru

Financing Labor
w17144 Efraim Benmelech
Nittai K. Bergman
Amit Seru

Financing Labor
w17146 Leora F. Klapper
Luc Laeven
Raghuram Rajan

Trade Credit Contracts
w17149 Bryan T. Kelly
Hanno Lustig
Stijn Van Nieuwerburgh

Too-Systemic-To-Fail: What Option Markets Imply About Sector-wide Government Guarantees
w17061 Antoinette Schoar
Ebonya L. Washington

Are the Seeds of Bad Governance Sown in Good Times?
w17065 Christopher J. Mayer
Edward Morrison
Tomasz Piskorski
Arpit Gupta

Mortgage Modification and Strategic Behavior: Evidence from a Legal Settlement with Countrywide
w17010 Mike Burkart
Denis Gromb
Holger M. Mueller
Fausto Panunzi

Legal Investor Protection and Takeovers
w16995 Viral V. Acharya
Sergei A. Davydenko
Ilya A. Strebulaev

Cash Holdings and Credit Risk
w16995 Viral V. Acharya
Sergei A. Davydenko
Ilya A. Strebulaev

Cash Holdings and Credit Risk
w17000 Viral V. Acharya
Alberto Bisin

Counterparty Risk Externality: Centralized Versus Over-the-counter Markets
w16975 Daniel Paravisini
Veronica Rappoport
Philipp Schnabl
Daniel Wolfenzon

Dissecting the Effect of Credit Supply on Trade: Evidence from Matched Credit-Export Data
w16922 Thomas F. Hellmann
Noam Wasserman

The First Deal: The Division of Founder Equity in New Ventures
w16941 Isil Erel
Brandon Julio
Woojin Kim
Michael S. Weisbach

Macroeconomic Conditions and Capital Raising
w16916 Craig Doidge
G. Andrew Karolyi
René M. Stulz

The U.S. Left Behind: The Rise of IPO Activity Around the World
w16905 Kalina Manova
Shang-Jin Wei
Zhiwei Zhang

Firm Exports and Multinational Activity Under Credit Constraints
w16896 Viral V. Acharya
Irvind Gujral
Nirupama Kulkarni
Hyun Song Shin

Dividends and Bank Capital in the Financial Crisis of 2007-2009
w16896 Viral V. Acharya
Irvind Gujral
Nirupama Kulkarni
Hyun Song Shin

Dividends and Bank Capital in the Financial Crisis of 2007-2009
w16896 Viral V. Acharya
Irvind Gujral
Nirupama Kulkarni
Hyun Song Shin

Dividends and Bank Capital in the Financial Crisis of 2007-2009
w16870 Randall Morck
Finance and Governance in Developing Economies
w16871 Yongheng Deng
Randall Morck
Jing Wu
Bernard Yeung

Monetary and Fiscal Stimuli, Ownership Structure, and China's Housing Market
w16871 Yongheng Deng
Randall Morck
Jing Wu
Bernard Yeung

Monetary and Fiscal Stimuli, Ownership Structure, and China's Housing Market
w16874 Vikas Mehrotra
Randall Morck
Jungwook Shim
Yupana Wiwattanakantang

Adoptive Expectations: Rising Sons in Japanese Family Firms
w16875 Viral V. Acharya
Lars A. Lochstoer
Tarun Ramadorai

Limits to Arbitrage and Hedging: Evidence from Commodity Markets
w16842 Yingcong Lan
Neng Wang
Jinqiang Yang

The Economics of Hedge Funds: Alpha, Fees, Leverage, and Valuation
w16843 Chong Wang
Neng Wang
Jinqiang Yang

A Unified Model of Entrepreneurship Dynamics
w16849 Taylor D. Nadauld
Michael S. Weisbach

Did Securitization Affect the Cost of Corporate Debt?
w16801 Andrew Ang
Sergiy Gorovyy
Gregory B. van Inwegen

Hedge Fund Leverage
w16808 Patrick Bolton
Hui Chen
Neng Wang

Market Timing, Investment, and Risk Management
w16812 Carola Frydman
Raven S. Molloy

Does Tax Policy Affect Executive Compensation? Evidence from Postwar Tax Reforms
w16787 Santiago Carbo-Valverde
Edward J. Kane
Francisco Rodriguez-Fernandez

Safety-Net Benefits Conferred on Difficult-to-Fail-and-Unwind Banks in the US and EU Before and During the Great Recession
w16770 Ravi Jagannathan
Iwan Meier
Vefa Tarhan

The Cross-Section of Hurdle Rates for Capital Budgeting: An Empirical Analysis of Survey Data
w16770 Ravi Jagannathan
Iwan Meier
Vefa Tarhan

The Cross-Section of Hurdle Rates for Capital Budgeting: An Empirical Analysis of Survey Data
w16727 Thomas Philippon
Philipp Schnabl

Informational Rents, Macroeconomic Rents, and Efficient Bailouts
w16724 Heitor Almeida
Murillo Campello
Dirk Hackbarth

Liquidity Mergers
w16724 Heitor Almeida
Murillo Campello
Dirk Hackbarth

Liquidity Mergers
w16724 Heitor Almeida
Murillo Campello
Dirk Hackbarth

Liquidity Mergers
w16724 Heitor Almeida
Murillo Campello
Dirk Hackbarth

Liquidity Mergers
w16737 Hans B. Christensen
Luzi Hail
Christian Leuz

Capital-Market Effects of Securities Regulation: Prior Conditions, Implementation, and Enforcement
w16747 Laura Xiaolei Liu
Lu Zhang

A Model of Momentum
w16752 Russell Cooper
Hubert Kempf

Deposit Insurance Without Commitment: Wall St. Versus Main St
w16676 Jesse Ellis
Sara B. Moeller
Frederik P. Schlingemann
René M. Stulz

Globalization, Governance, and the Returns to Cross-Border Acquisitions
w16676 Jesse Ellis
Sara B. Moeller
Frederik P. Schlingemann
René M. Stulz

Globalization, Governance, and the Returns to Cross-Border Acquisitions
w16676 Jesse Ellis
Sara B. Moeller
Frederik P. Schlingemann
René M. Stulz

Globalization, Governance, and the Returns to Cross-Border Acquisitions
2010
w16642 Andrei Shleifer
Robert W. Vishny

Fire Sales in Finance and Macroeconomics
w16642 Andrei Shleifer
Robert W. Vishny

Fire Sales in Finance and Macroeconomics
w16648 Ralph S.J. Koijen
Stijn Van Nieuwerburgh

Predictability of Returns and Cash Flows
w16622 Murillo Campello
Chen Lin
Yue Ma
Hong Zou

The Real and Financial Implications of Corporate Hedging
w16622 Murillo Campello
Chen Lin
Yue Ma
Hong Zou

The Real and Financial Implications of Corporate Hedging
w16622 Murillo Campello
Chen Lin
Yue Ma
Hong Zou

The Real and Financial Implications of Corporate Hedging
w16620 Julio J. Rotemberg
A Behavioral Model of Demandable Deposits and its Implications for Financial Regulation
w16607 Markus K. Brunnermeier
Martin Oehmke

The Maturity Rat Race
w16585 Carola Frydman
Dirk Jenter

CEO Compensation
w16574 Vicente Cuñat
Mireia Gine
Maria Guadalupe

The Vote is Cast: The Effect of Corporate Governance on Shareholder Value
w16577 Jonathan A. Parker
Annette Vissing-Jorgensen

The Increase in Income Cyclicality of High-Income Households and its Relation to the Rise in Top Income Shares
w16558 Randall Morck
Shareholder Democracy in Canada
w16558 Randall Morck
Shareholder Democracy in Canada
w16497 Xavier Giroud
Holger M. Mueller
Alex Stomper
Arne Westerkamp

Snow and Leverage
w16497 Xavier Giroud
Holger M. Mueller
Alex Stomper
Arne Westerkamp

Snow and Leverage
w16484 Viral V. Acharya
Ramin P. Baghai
Krishnamurthy V. Subramanian

Labor Laws and Innovation
w16485 Viral V. Acharya
Peter M. DeMarzo
Ilan Kremer

Endogenous Information Flows and the Clustering of Announcements
w16490 Randall Morck
Bernard Yeung

Agency Problems and the Fate of Capitalism
w16432 Tamim Bayoumi
Hui Tong
Shang-Jin Wei

The Chinese Corporate Savings Puzzle: A Firm-level Cross-country Perspective
w16437 Lauren Cohen
Christopher Malloy

Friends in High Places
w16437 Lauren Cohen
Christopher Malloy

Friends in High Places
w16445 Joseph P.H. Fan
Sheridan Titman
Garry Twite

An International Comparison of Capital Structure and Debt Maturity Choices
w16445 Joseph P.H. Fan
Sheridan Titman
Garry Twite

An International Comparison of Capital Structure and Debt Maturity Choices
w16394 Viral V. Acharya
Yakov Amihud
Sreedhar T. Bharath

Liquidity Risk of Corporate Bond Returns: A Conditional Approach
w16394 Viral V. Acharya
Yakov Amihud
Sreedhar T. Bharath

Liquidity Risk of Corporate Bond Returns: A Conditional Approach
w16369 Ji-Woong Chung
Berk A. Sensoy
Lea H. Stern
Michael S. Weisbach

Pay for Performance from Future Fund Flows: The Case of Private Equity
w16377 Olivier Jeanne
Anton Korinek

Managing Credit Booms and Busts: A Pigouvian Taxation Approach
w16336 Frederico Belo
Chen Xue
Lu Zhang

Cross-sectional Tobin's Q
w16340 Vikas Mehrotra
Randall Morck
Jungwook Shim
Yupana Wiwattanakantang

Must Love Kill the Family Firm?
w16340 Vikas Mehrotra
Randall Morck
Jungwook Shim
Yupana Wiwattanakantang

Must Love Kill the Family Firm?
w16309 Murillo Campello
Erasmo Giambona
John R. Graham
Campbell R. Harvey

Liquidity Management and Corporate Investment During a Financial Crisis
w16309 Murillo Campello
Erasmo Giambona
John R. Graham
Campbell R. Harvey

Liquidity Management and Corporate Investment During a Financial Crisis
w16310 Kathleen M. Kahle
René M. Stulz

Financial Policies and the Financial Crisis: How Important Was the Systemic Credit Contraction for Industrial Corporations?
w16310 Kathleen M. Kahle
René M. Stulz

Financial Policies and the Financial Crisis: How Important Was the Systemic Credit Contraction for Industrial Corporations?
w16228 Francesco Giavazzi
Alberto Giovannini

Central Banks and the Financial System
w16206 Richard Stanton
Nancy Wallace

CMBS Subordination, Ratings Inflation, and the Crisis of 2007-2009
w16210 Bart M. Lambrecht
Stewart C. Myers

A Litner Model of Payout and Managerial Rents
w16214 Ravi Jagannathan
Andrei Jirnyi
Ann Sherman

Why Don't Issuers Choose IPO Auctions? The Complexity of Indirect Mechanisms
w16215 Itzhak Ben-David
John R. Graham
Campbell R. Harvey

Managerial Miscalibration
w16215 Itzhak Ben-David
John R. Graham
Campbell R. Harvey

Managerial Miscalibration
w16215 Itzhak Ben-David
John R. Graham
Campbell R. Harvey

Managerial Miscalibration
w16215 Itzhak Ben-David
John R. Graham
Campbell R. Harvey

Managerial Miscalibration
w16216 Aldo Musacchio
Law and Finance c. 1900
w16216 Aldo Musacchio
Law and Finance c. 1900
w16197 Ali Hortaçsu
Gregor Matvos
Chad Syverson
Sriram Venkataraman

Are Consumers Affected by Durable Goods Makers' Financial Distress? The Case of Auto Manufacturers
w16200 Efraim Benmelech
Nittai K. Bergman

Credit Traps
w16200 Efraim Benmelech
Nittai K. Bergman

Credit Traps
w16175 Antje Berndt
Burton Hollifield
Patrik Sandås

The Role of Mortgage Brokers in the Subprime Crisis
w16176 Ing-Haw Cheng
Harrison Hong
Jose A. Scheinkman

Yesterday's Heroes: Compensation and Creative Risk-Taking
w16178 Andrew Ellul
Vijay Yerramilli

Stronger Risk Controls, Lower Risk: Evidence from U.S. Bank Holding Companies
w16151 Hui Chen
Macroeconomic Conditions and the Puzzles of Credit Spreads and Capital Structure
w16151 Hui Chen
Macroeconomic Conditions and the Puzzles of Credit Spreads and Capital Structure
w16157 François Gourio
Jianjun Miao

Transitional Dynamics of Dividend and Capital Gains Tax Cuts
w16122 Viral V. Acharya
Heitor Almeida
Murillo Campello

Aggregate Risk and the Choice between Cash and Lines of Credit
w16129 Jennifer Blouin
Jana Raedy
Douglas Shackelford

Dividends, Share Repurchases, and Tax Clienteles: Evidence from the 2003 Reductions in Shareholder Taxes
w16129 Jennifer Blouin
Jana Raedy
Douglas Shackelford

Dividends, Share Repurchases, and Tax Clienteles: Evidence from the 2003 Reductions in Shareholder Taxes
w16079 Viral V. Acharya
Philipp Schnabl

Do Global Banks Spread Global Imbalances? The Case of Asset-Backed Commercial Paper During the Financial Crisis of 2007-09
w16080 V.V. Chari
Ali Shourideh
Ariel Zetlin-Jones

Adverse Selection, Reputation and Sudden Collapses in Secondary Loan Markets
w16060 Thomas Chaney
David Sraer
David Thesmar

The Collateral Channel: How Real Estate Shocks Affect Corporate Investment
w15999 Patrick Bolton
Martin Oehmke

Credit Default Swaps and the Empty Creditor Problem
w15999 Patrick Bolton
Martin Oehmke

Credit Default Swaps and the Empty Creditor Problem
w16023 Jules H. van Binsbergen
John Graham
Jie Yang

The Cost of Debt
w16023 Jules H. van Binsbergen
John Graham
Jie Yang

The Cost of Debt
w16023 Jules H. van Binsbergen
John Graham
Jie Yang

The Cost of Debt
w16023 Jules H. van Binsbergen
John Graham
Jie Yang

The Cost of Debt
w15987 Alex Edmans
Xavier Gabaix

Risk and the CEO Market: Why Do Some Large Firms Hire Highly-Paid, Low-Talent CEOs?
w15992 Hernán Ortiz-Molina
Gordon M. Phillips

Asset Liquidity and the Cost of Capital
w15974 Nicola Cetorelli
Linda S. Goldberg

Global Banks and International Shock Transmission: Evidence from the Crisis
w15948 Robin Greenwood
Samuel Hanson

Characteristic Timing
w15948 Robin Greenwood
Samuel Hanson

Characteristic Timing
w15951 Heitor Almeida
Murillo Campello
Antonio F. Galvao Jr.

Measurement Errors in Investment Equations
w15952 Ulf Axelson
Tim Jenkinson
Per Strömberg
Michael S. Weisbach

Borrow Cheap, Buy High? The Determinants of Leverage and Pricing in Buyouts
w15952 Ulf Axelson
Tim Jenkinson
Per Strömberg
Michael S. Weisbach

Borrow Cheap, Buy High? The Determinants of Leverage and Pricing in Buyouts
w15924 Luigi Pistaferri
Luigi Guiso
Fabiano Schivardi

Credit within the firm
w15937 Andrew Ang
Nicolas P.B. Bollen

Locked Up by a Lockup: Valuing Liquidity as a Real Option
w15937 Andrew Ang
Nicolas P.B. Bollen

Locked Up by a Lockup: Valuing Liquidity as a Real Option
w15906 John R. Graham
Campbell R. Harvey
Manju Puri

A Corporate Beauty Contest
w15910 Sergey Chernenko
C. Fritz Foley
Robin Greenwood

Agency Costs, Mispricing, and Ownership Structure
w15910 Sergey Chernenko
C. Fritz Foley
Robin Greenwood

Agency Costs, Mispricing, and Ownership Structure
w15912 Lucian A. Bebchuk
Alma Cohen
Charles C.Y. Wang

Learning and the Disappearing Association Between Governance and Returns
w15912 Lucian A. Bebchuk
Alma Cohen
Charles C.Y. Wang

Learning and the Disappearing Association Between Governance and Returns
w15917 Rüdiger Fahlenbrach
Angie Low
René M. Stulz

The dark side of outside directors: Do they quit when they are most needed?
w15917 Rüdiger Fahlenbrach
Angie Low
René M. Stulz

The dark side of outside directors: Do they quit when they are most needed?
w15917 Rüdiger Fahlenbrach
Angie Low
René M. Stulz

The dark side of outside directors: Do they quit when they are most needed?
w15917 Rüdiger Fahlenbrach
Angie Low
René M. Stulz

The dark side of outside directors: Do they quit when they are most needed?
w15884 Randall Morck
Fan Yang

The Shanxi Banks
w15817 Marcus Miller
Joseph E. Stiglitz

Leverage and Asset Bubbles: Averting Armageddon with Chapter 11?
w15817 Marcus Miller
Joseph E. Stiglitz

Leverage and Asset Bubbles: Averting Armageddon with Chapter 11?
w15817 Marcus Miller
Joseph E. Stiglitz

Leverage and Asset Bubbles: Averting Armageddon with Chapter 11?
w15837 Viral V. Acharya
S. Viswanathan

Leverage, Moral Hazard and Liquidity
w15839 Lauren Cohen
Joshua D. Coval
Christopher Malloy

Do Powerful Politicians Cause Corporate Downsizing?
w15848 Kay Giesecke
Francis A. Longstaff
Stephen Schaefer
Ilya Strebulaev

Corporate Bond Default Risk: A 150-Year Perspective
w15806 Gara Afonso
Anna Kovner
Antoinette Schoar

Stressed not Frozen: The Fed Funds Market in the Financial Crisis
w15792 Yuriy Gorodnichenko
Monika Schnitzer

Financial constraints and innovation: Why poor countries don't catch up
w15763 Linda S. Goldberg
Craig Kennedy
Jason Miu

Central Bank Dollar Swap Lines and Overseas Dollar Funding Costs
w15735 Efraim Benmelech
Nittai K. Bergman

Vintage Capital and Creditor Protection
w15735 Efraim Benmelech
Nittai K. Bergman

Vintage Capital and Creditor Protection
w15718 Joseph E. Stiglitz
Risk and Global Economic Architecture: Why Full Financial Integration May Be Undesirable
w15708 Efraim Benmelech
Nittai K. Bergman

Bankruptcy and the Collateral Channel
w15710 Kris James Mitchener
David C. Wheelock

Does the Structure of Banking Markets Affect Economic Growth? Evidence from U.S. State Banking Markets
w15674 Viral V. Acharya
Douglas Gale
Tanju Yorulmazer

Rollover Risk and Market Freezes
w15674 Viral V. Acharya
Douglas Gale
Tanju Yorulmazer

Rollover Risk and Market Freezes
w15653 Zhiguo He
Wei Xiong

Rollover Risk and Credit Risk
w15659 Ulrike Malmendier
Geoffrey Tate
Jonathan Yan

Overconfidence and Early-life Experiences: The Impact of Managerial Traits on Corporate Financial Policies
w15659 Ulrike Malmendier
Geoffrey Tate
Jonathan Yan

Overconfidence and Early-life Experiences: The Impact of Managerial Traits on Corporate Financial Policies
w15659 Ulrike Malmendier
Geoffrey Tate
Jonathan Yan

Overconfidence and Early-life Experiences: The Impact of Managerial Traits on Corporate Financial Policies
w15631 Charles Yuji Horioka
Shizuka Sekita

The Degree of Judicial Enforcement and Credit Markets: Evidence from Japanese Household Panel Data
w15632 Shai Bernstein
Josh Lerner
Morten Sørensen
Per Strömberg

Private Equity and Industry Performance
w15636 Ricardo J. Caballero
The "Other" Imbalance and the Financial Crisis
2009
w15575 Randall Morck
M. Deniz Yavuz
Bernard Yeung

Banking System Control, Capital Allocation, and Economy Performance
w15551 Malcolm Baker
Xin Pan
Jeffrey Wurgler

A Reference Point Theory of Mergers and Acquisitions
w15552 Murillo Campello
John Graham
Campbell R. Harvey

The Real Effects of Financial Constraints: Evidence from a Financial Crisis
w15567 Viral V. Acharya
Hyun Song Shin
Tanju Yorulmazer

Crisis Resolution and Bank Liquidity
w15568 Viral V. Acharya
Stewart C. Myers
Raghuram Rajan

The Internal Governance of Firms
w15568 Viral V. Acharya
Stewart C. Myers
Raghuram Rajan

The Internal Governance of Firms
w15568 Viral V. Acharya
Stewart C. Myers
Raghuram Rajan

The Internal Governance of Firms
w15569 Viral V. Acharya
Yakov Amihud
Lubomir Litov

Creditor rights and corporate risk-taking
w15569 Viral V. Acharya
Yakov Amihud
Lubomir Litov

Creditor rights and corporate risk-taking
w15569 Viral V. Acharya
Yakov Amihud
Lubomir Litov

Creditor rights and corporate risk-taking
w15569 Viral V. Acharya
Yakov Amihud
Lubomir Litov

Creditor rights and corporate risk-taking
w15545 Alex Edmans
Xavier Gabaix

Tractability in Incentive Contracting
w15537 Lucian A. Bebchuk
Michael S. Weisbach

The State of Corporate Governance Research
w15515 Christian Laux
Christian Leuz

Did Fair-Value Accounting Contribute to the Financial Crisis?
w15454 Katheryn N. Russ
Diego Valderrama

A Theory of Banks, Bonds, and the Distribution of Firm Size
w15426 Gian Luca Clementi
Thomas F. Cooley

Executive Compensation: Facts
w15356 Stelios Michalopoulos
Luc Laeven
Ross Levine

Financial Innovation and Endogenous Growth
w15324 Alex Edmans
Xavier Gabaix
Tomasz Sadzik
Yuliy Sannikov

Dynamic Incentive Accounts
w15325 Bronwyn H. Hall
Josh Lerner

The Financing of R&D and Innovation
w15327 Clemens Sialm
Laura Starks

Mutual Fund Tax Clienteles
w15273 Gary B. Gorton
Andrew Metrick

Haircuts
w15283 Atif R. Mian
Amir Sufi

House Prices, Home Equity-Based Borrowing, and the U.S. Household Leverage Crisis
w15283 Atif R. Mian
Amir Sufi

House Prices, Home Equity-Based Borrowing, and the U.S. Household Leverage Crisis
w15283 Atif R. Mian
Amir Sufi

House Prices, Home Equity-Based Borrowing, and the U.S. Household Leverage Crisis
w15248 Michael Faulkender
Mitchell Petersen

Investment and Capital Constraints: Repatriations Under the American Jobs Creation Act
w15248 Michael Faulkender
Mitchell Petersen

Investment and Capital Constraints: Repatriations Under the American Jobs Creation Act
w15248 Michael Faulkender
Mitchell Petersen

Investment and Capital Constraints: Repatriations Under the American Jobs Creation Act
w15207 Hui Tong
Shang-Jin Wei

The Composition Matters: Capital Inflows and Liquidity Crunch during a Global Economic Crisis
w15212 Rüdiger Fahlenbrach
René M. Stulz

Bank CEO Incentives and the Credit Crisis
w15197 Douglas W. Diamond
Raghuram G. Rajan

Illiquidity and Interest Rate Policy
w15175 Bo Becker
Zoran Ivković
Scott Weisbenner

Local Dividend Clienteles
w15175 Bo Becker
Zoran Ivković
Scott Weisbenner

Local Dividend Clienteles
w15177 John R. Graham
Hyunseob Kim

The Effects of the Length of the Tax-Loss Carryback Period on Tax Receipts and Corporate Marginal Tax Rates
w15180 Andrea Beltratti
René M. Stulz

Why Did Some Banks Perform Better During the Credit Crisis? A Cross-Country Study of the Impact of Governance and Regulation
w15180 Andrea Beltratti
René M. Stulz

Why Did Some Banks Perform Better During the Credit Crisis? A Cross-Country Study of the Impact of Governance and Regulation
w15184 Stefano DellaVigna
Joshua M. Pollet

Capital Budgeting vs. Market Timing: An Evaluation Using Demographics
w15184 Stefano DellaVigna
Joshua M. Pollet

Capital Budgeting vs. Market Timing: An Evaluation Using Demographics
w15185 James R. Hines
Jr.

Income Misattribution under Formula Apportionment
w15132 Isil Erel
Rose C. Liao
Michael S. Weisbach

World Markets for Mergers and Acquisitions
w15139 Bruce Ian Carlin
Simon Gervais
Gustavo Manso

When Does Libertarian Paternalism Work?
w15143 Cindy R. Alexander
Mark A. Chen
Duane J. Seppi
Chester S. Spatt

The Role of Advisory Services in Proxy Voting
w15143 Cindy R. Alexander
Mark A. Chen
Duane J. Seppi
Chester S. Spatt

The Role of Advisory Services in Proxy Voting
w15145 Luigi Guiso
Paola Sapienza
Luigi Zingales

Moral and Social Constraints to Strategic Default on Mortgages
w15042 Randall Morck
Bernard Yeung

Never Waste a Good Crisis: An Historical Perspective on Comparative Corporate Governance
w15044 Francois Gourio
Jianjun Miao

Firm Heterogeneity and the Long-run Effects of Dividend Tax Reform
w15044 Francois Gourio
Jianjun Miao

Firm Heterogeneity and the Long-run Effects of Dividend Tax Reform
w15045 Efraim Benmelech
Jennifer Dlugosz

The Credit Rating Crisis
w15051 Randall Morck
Generalized Agency Problems
w15058 Stavros Panageas
Bailouts, the Incentive to Manage Risk, and Financial Crises
w15058 Stavros Panageas
Bailouts, the Incentive to Manage Risk, and Financial Crises
w15023 Dhammika Dharmapala
C. Fritz Foley
Kristin J. Forbes

Watch What I Do, Not What I Say: The Unintended Consequences of the Homeland Investment Act
w14983 Heitor Almeida
Sang Yong Park
Marti Subrahmanyam
Daniel Wolfenzon

The Structure and Formation of Business Groups: Evidence from Korean Chaebols
w14983 Heitor Almeida
Sang Yong Park
Marti Subrahmanyam
Daniel Wolfenzon

The Structure and Formation of Business Groups: Evidence from Korean Chaebols
w14990 Heitor Almeida
Murillo Campello
Bruno Laranjeira
Scott Weisbenner

Corporate Debt Maturity and the Real Effects of the 2007 Credit Crisis
w14990 Heitor Almeida
Murillo Campello
Bruno Laranjeira
Scott Weisbenner

Corporate Debt Maturity and the Real Effects of the 2007 Credit Crisis
w14952 Isil Erel
Brandon Julio
Woojin Kim
Michael Weisbach

Market Conditions and the Structure of Securities
w14943 Andrei Shleifer
Robert W. Vishny

Unstable Banking
w14944 Gary B. Gorton
Lixin Huang
Qiang Kang

The Limitations of Stock Market Efficiency: Price Informativeness and CEO Turnover
w14929 Thomas Philippon
Philipp Schnabl

Efficient Recapitalization
w14929 Thomas Philippon
Philipp Schnabl

Efficient Recapitalization
w14932 Joseph Golec
John Vernon

What's the "Interest" in FDA Drug Advisory Committee Conflicts of Interest?
w14931 Söhnke M. Bartram
Gregory Brown
René M. Stulz

Why Do Foreign Firms Have Less Idiosyncratic Risk than U.S. Firms?
w14877 Xavier Giroud
Holger M. Mueller

Does Corporate Governance Matter in Competitive Industries?
w14881 Richard A. Lambert
Christian Leuz
Robert E. Verrecchia

Information Asymmetry, Information Precision, and the Cost of Capital
w14889 Zhi Da
Re-Jin Guo
Ravi Jagannathan

CAPM for Estimating the Cost of Equity Capital: Interpreting the Empirical Evidence
w14890 Darren J. Kisgen
Philip E. Strahan

Do Regulations Based on Credit Ratings Affect a Firm's Cost of Capital?
w14892 Eric Hilt
Wall Street's First Corporate Governance Crisis: The Panic of 1826
w14897 Christian Leuz
Catherine Schrand

Disclosure and the Cost of Capital: Evidence from Firms' Responses to the Enron Shock
w14858 Randall Morck
The Riddle of the Great Pyramids
w14845 Patrick Bolton
Hui Chen
Neng Wang

A Unified Theory of Tobin's q, Corporate Investment, Financing, and Risk Management
w14845 Patrick Bolton
Hui Chen
Neng Wang

A Unified Theory of Tobin's q, Corporate Investment, Financing, and Risk Management
w14848 Hui Chen
Jianjun Miao
Neng Wang

Entrepreneurial Finance and Non-diversifiable Risk
w14848 Hui Chen
Jianjun Miao
Neng Wang

Entrepreneurial Finance and Non-diversifiable Risk
w14786 Anusha Chari
Wenjie Chen
Kathryn M.E. Dominguez

Foreign Ownership and Firm Performance: Emerging-Market Acquisitions in the United States
w14769 Philippe Aghion
John Van Reenen
Luigi Zingales

Innovation and Institutional Ownership
w14724 Leonce L. Bargeron
Frederik P. Schlingemann
René M. Stulz
Chad J. Zutter

Do Target CEOs Sell Out Their Shareholders to Keep Their Job in a Merger?
w14724 Leonce L. Bargeron
Frederik P. Schlingemann
René M. Stulz
Chad J. Zutter

Do Target CEOs Sell Out Their Shareholders to Keep Their Job in a Merger?
w14727 Markus K. Brunnermeier
Motohiro Yogo

A Note on Liquidity Risk Management
w14727 Markus K. Brunnermeier
Motohiro Yogo

A Note on Liquidity Risk Management
w14661 Hanno Lustig
Chad Syverson
Stijn Van Nieuwerburgh

Technological Change and the Growing Inequality in Managerial Compensation
w15611 Stefano Battiston
Domenico Delli Gatti
Mauro Gallegati
Bruce C. Greenwald
Joseph E. Stiglitz

Liaisons Dangereuses: Increasing Connectivity, Risk Sharing, and Systemic Risk
w14650 Joseph P.H. Fan
Jun Huang
Randall Morck
Bernard Yeung

Vertical Integration, Institutional Determinants and Impact: Evidence from China
2008
w14615 Susanto Basu
Robert Inklaar
J. Christina Wang

The Value of Risk: Measuring the Service Output of U.S. Commercial Banks
w14614 J. Christina Wang
Susanto Basu

Risk Bearing, Implicit Financial Services and Specialization in the Financial Industry
w14616 J. Christina Wang
Susanto Basu
John G. Fernald

A General-Equilibrium Asset-Pricing Approach to the Measurement of Nominal and Real Bank Output
w14623 Josh Lerner
Morten Sørensen
Per Strömberg

Private Equity and Long-Run Investment: The Case of Innovation
w14625 Patrick Bajari
Chenghuan Sean Chu
Minjung Park

An Empirical Model of Subprime Mortgage Default From 2000 to 2007
w14548 Charles R. Hulten
Xiaohui Hao

What is a Company Really Worth? Intangible Capital and the "Market to Book Value" Puzzle
w14581 Robert E. Hall
Equity Depletion from Government-Guaranteed Debt
w14531 Kalina Manova
Credit Constraints, Heterogeneous Firms, and International Trade
w14557 C. Fritz Foley
Robin Greenwood

The Evolution of Corporate Ownership After IPO: The Impact of Investor Protection
w14525 Thomas J. Brennan
Andrew W. Lo

Impossible Frontiers
w14494 Alan J. Auerbach
Michael P. Devereux
Helen Simpson

Taxing Corporate Income
w14480 Harold L. Cole
Self-Enforcing Stochastic Monitoring and the Separation of Debt and Equity Claims
w14486 Renée Adams
Benjamin E. Hermalin
Michael S. Weisbach

The Role of Boards of Directors in Corporate Governance: A Conceptual Framework and Survey
w14488 Joshua D. Rauh
Amir Sufi

Capital Structure and Debt Structure
w14488 Joshua D. Rauh
Amir Sufi

Capital Structure and Debt Structure
w14465 Amir E. Khandani
Andrew W. Lo

What Happened To The Quants In August 2007?: Evidence from Factors and Transactions Data
w14427 Alexander W. Blocker
Laurence J. Kotlikoff
Stephen A. Ross

The True Cost of Social Security
w14401 Takeo Hoshi
Anil K Kashyap

Will the U.S. Bank Recapitalization Succeed? Eight Lessons from Japan
w14331 Phillip Leslie
Paul Oyer

Managerial Incentives and Value Creation: Evidence from Private Equity
w14289 Gerard Hoberg
Gordon M. Phillips

Product Market Synergies and Competition in Mergers and Acquisitions: A Text-Based Analysis
w14289 Gerard Hoberg
Gordon M. Phillips

Product Market Synergies and Competition in Mergers and Acquisitions: A Text-Based Analysis
w14290 Gerard Hoberg
Gordon M. Phillips

Real and Financial Industry Booms and Busts
w14291 Vojislav Maksimovic
Gordon Phillips
N. R. Prabhala

Post-Merger Restructuring and the Boundaries of the Firm
w14291 Vojislav Maksimovic
Gordon Phillips
N. R. Prabhala

Post-Merger Restructuring and the Boundaries of the Firm
w14245 Craig Doidge
G. Andrew Karolyi
René M. Stulz

Why Do Foreign Firms Leave U.S. Equity Markets?
w14250 Manju Puri
Rebecca Zarutskie

On the Lifecycle Dynamics of Venture-Capital- and Non-Venture-Capital-Financed Firms
w14218 René M. Stulz
Securities Laws, Disclosure, and National Capital Markets in the Age of Financial Globalization
w14219 Robert E. Hall
Susan E. Woodward

The Burden of the Nondiversifiable Risk of Entrepreneurship
w14232 Lauren Cohen
Andrea Frazzini
Christopher Malloy

Hiring Cheerleaders: Board Appointments of "Independent" Directors
w14205 Hui Tong
Shang-Jin Wei

Real Effects of the Subprime Mortgage Crisis: Is it a Demand or a Finance Shock?
w14207 Steven N. Kaplan
Per Strömberg

Leveraged Buyouts and Private Equity
w14207 Steven N. Kaplan
Per Strömberg

Leveraged Buyouts and Private Equity
w14195 Steven N. Kaplan
Mark M. Klebanov
Morten Sorensen

Which CEO Characteristics and Abilities Matter?
w14179 Michelle J. White
Ning Zhu

Saving Your Home in Chapter 13 Bankruptcy
w14179 Michelle J. White
Ning Zhu

Saving Your Home in Chapter 13 Bankruptcy
w14183 Yeon-Koo Che
Kathryn E. Spier

Strategic Judgment Proofing
w14183 Yeon-Koo Che
Kathryn E. Spier

Strategic Judgment Proofing
w14187 Shourun Guo
Edie S. Hotchkiss
Weihong Song

Do Buyouts (Still) Create Value?
w14187 Shourun Guo
Edie S. Hotchkiss
Weihong Song

Do Buyouts (Still) Create Value?
w14189 Toby Stuart
Soojin Yim

Board Interlocks and the Propensity to be Targeted in Private Equity Transactions
w14140 Ulrike Malmendier
Geoffrey Tate

Superstar CEOs
w14145 Carola Frydman
Raven E. Saks

Executive Compensation: A New View from a Long-Term Perspective, 1936-2005
w14148 Alexander Peter Groh
Oliver Gottschalg

The Opportunity Cost of Capital of US Buyouts
w14101 Nicola Cetorelli
Linda S. Goldberg

Banking Globalization, Monetary Transmission, and the Lending Channel
w14113 Luc Laeven
Ross Levine

Bank Governance, Regulation, and Risk Taking
w14085 Sharon Katz
Earnings Quality and Ownership Structure: The Role of Private Equity Sponsors
w14087 Robin Greenwood
Samuel Hanson
Jeremy C. Stein

A Gap-Filling Theory of Corporate Debt Maturity Choice
w14078 Olivia S. Mitchell
John Piggott
Cagri Kumru

Managing Public Investment Funds: Best Practices and New Challenges
w14059 Efraim Benmelech
Nittai K. Bergman

Liquidation Values and the Credibility of Financial Contract Renegotiation: Evidence from U.S. Airlines
w14059 Efraim Benmelech
Nittai K. Bergman

Liquidation Values and the Credibility of Financial Contract Renegotiation: Evidence from U.S. Airlines
w14027 Kathy Fogel
Randall Morck
Bernard Yeung

Big Business Stability and Social Welfare
w13984 Jiandong Ju
Shang-Jin Wei

When Is Quality of Financial System a Source of Comparative Advantage?
w13914 Susan Perkins
Randall Morck
Bernard Yeung

Innocents Abroad: The Hazards of International Joint Ventures with Pyramidal Group Firms
w13914 Susan Perkins
Randall Morck
Bernard Yeung

Innocents Abroad: The Hazards of International Joint Ventures with Pyramidal Group Firms
w13874 Efraim Benmelech
Nittai K. Bergman

Collateral Pricing
w13874 Efraim Benmelech
Nittai K. Bergman

Collateral Pricing
w13858 Anton Korinek
Joseph E. Stiglitz

Dividend Taxation and Intertemporal Tax Arbitrage
w13858 Anton Korinek
Joseph E. Stiglitz

Dividend Taxation and Intertemporal Tax Arbitrage
w13794 Cristina Arellano
Narayana R. Kocherlakota

Internal Debt Crises and Sovereign Defaults
w13802 Evan Gatev
Philip Strahan

Liquidity Risk and Syndicate Structure
w13774 Charles Calomiris
Raymond Fisman
Yongxiang Wang

Profiting from Government Stakes in a Command Economy: Evidence from Chinese Asset Sales
w13786 Joseph Chen
Samuel Hanson
Harrison Hong
Jeremy C. Stein

Do Hedge Funds Profit From Mutual-Fund Distress?
w13762 Malcolm Baker
Robin Greenwood
Jeffrey Wurgler

Catering Through Nominal Share Prices
w13756 Simeon Djankov
Tim Ganser
Caralee McLiesh
Rita Ramalho
Andrei Shleifer

The Effect of Corporate Taxes on Investment and Entrepreneurship
w13738 Marianne Bertrand
Simon Johnson
Krislert Samphantharak
Antoinette Schoar

Mixing Family With Business: A Study of Thai Business Groups and the Families Behind Them
w13721 Woochan Kim
Taeyoon Sung
Shang-Jin Wei

How Does Corporate Governance Risk at Home Affect Investment Choices Abroad?
w13726 Julia Coronado
Olivia S. Mitchell
Steven A. Sharpe
S. Blake Nesbitt

Footnotes Aren't Enough: The Impact of Pension Accounting on Stock Values
w13732 Efraim Benmelech
Eugene Kandel
Pietro Veronesi

Stock-Based Compensation and CEO (Dis)Incentives
2007
w13701 Lucian A. Bebchuk
Martijn Cremers
Urs Peyer

CEO Centrality
w13701 Lucian A. Bebchuk
Martijn Cremers
Urs Peyer

CEO Centrality
w13702 Lucian A. Bebchuk
Zvika Neeman

Investor Protection and Interest Group Politics
w13706 Brandon Julio
Woojin Kim
Michael Weisbach

What Determines the Structure of Corporate Debt Issues?
w13706 Brandon Julio
Woojin Kim
Michael Weisbach

What Determines the Structure of Corporate Debt Issues?
w13708 John R. Graham
Si Li
Jiaping Qiu

Corporate Misreporting and Bank Loan Contracting
w13709 John R. Graham
Lillian F. Mills

Using Tax Return Data to Simulate Corporate Marginal Tax Rates
w13711 Itzhak Ben-David
John R. Graham
Campbell R. Harvey

Managerial Overconfidence and Corporate Policies
w13711 Itzhak Ben-David
John R. Graham
Campbell R. Harvey

Managerial Overconfidence and Corporate Policies
w13711 Itzhak Ben-David
John R. Graham
Campbell R. Harvey

Managerial Overconfidence and Corporate Policies
w13711 Itzhak Ben-David
John R. Graham
Campbell R. Harvey

Managerial Overconfidence and Corporate Policies
w13660 Andres Almazan
Adolfo de Motta
Sheridan Titman
Vahap Uysal

Financial Structure, Liquidity, and Firm Locations
w13660 Andres Almazan
Adolfo de Motta
Sheridan Titman
Vahap Uysal

Financial Structure, Liquidity, and Firm Locations
w13660 Andres Almazan
Adolfo de Motta
Sheridan Titman
Vahap Uysal

Financial Structure, Liquidity, and Firm Locations
w13641 Vladimir Atanasov
Vladimir Ivanov
Kate Litvak

The Impact of Litigation on Venture Capitalist Reputation
w13640 Murillo Campello
John Graham

Do Stock Prices Influence Corporate Decisions? Evidence from the Technology Bubble
w13601 Jennifer L. Blouin
Jana Smith Raedy
Douglas A. Shackelford

Did Firms Substitute Dividends for Share Repurchases after the 2003 Reductions in Shareholder Tax Rates?
w13601 Jennifer L. Blouin
Jana Smith Raedy
Douglas A. Shackelford

Did Firms Substitute Dividends for Share Repurchases after the 2003 Reductions in Shareholder Tax Rates?
w13604 Joseph H. Golec
John A. Vernon

Financial Risk in the Biotechnology Industry
w13570 Ulrike Malmendier
Geoffrey Tate
Jonathan Yan

Corporate Financial Policies With Overconfident Managers
w13570 Ulrike Malmendier
Geoffrey Tate
Jonathan Yan

Corporate Financial Policies With Overconfident Managers
w13570 Ulrike Malmendier
Geoffrey Tate
Jonathan Yan

Corporate Financial Policies With Overconfident Managers
w13584 Thomas Philippon
Yuliy Sannikov

Real Options in a Dynamic Agency Model, with Applications to Financial Development, IPOs, and Business Risk
w13584 Thomas Philippon
Yuliy Sannikov

Real Options in a Dynamic Agency Model, with Applications to Financial Development, IPOs, and Business Risk
w13584 Thomas Philippon
Yuliy Sannikov

Real Options in a Dynamic Agency Model, with Applications to Financial Development, IPOs, and Business Risk
w13538 Raj Chetty
Emmanuel Saez

An Agency Theory of Dividend Taxation
w13525 Jin Ginger Wu
Lu Zhang
X. Frank Zhang

Understanding the Accrual Anomaly
w13525 Jin Ginger Wu
Lu Zhang
X. Frank Zhang

Understanding the Accrual Anomaly
w13475 George-Marios Angeletos
Guido Lorenzoni
Alessandro Pavan

Wall Street and Silicon Valley: A Delicate Interaction
w13426 Bronwyn H. Hall
Grid Thoma
Salvatore Torrisi

The market value of patents and R&D: Evidence from European firms
w13427 Siddhartha G. Dastidar
Raymond Fisman
Tarun Khanna

Testing Limits to Policy Reversal: Evidence from Indian Privatizations
w13435 Joseph P.H. Fan
Randall Morck
Lixin Colin Xu
Bernard Yeung

Institutions and Foreign Investment: China versus the World
w13405 Thomas Philippon
Why Has the U.S. Financial Sector Grown so Much? The Role of Corporate Finance.
w13387 Paola Sapienza
Anna Toldra
Luigi Zingales

Understanding Trust
w13399 Kaoru Hosono
Koji Sakai
Kotaro Tsuru

Consolidation of Banks in Japan: Causes and Consequences
w13372 Alex Edmans
Xavier Gabaix
Augustin Landier

A Calibratable Model of Optimal CEO Incentives in Market Equilibrium
w13315 Simon Gilchrist
Jae W. Sim

Investment during the Korean Financial Crisis: A Structural Econometric Analysis
w13288 Reena Aggarwal
Isil Erel
René Stulz
Rohan Williamson

Differences in Governance Practices between U.S. and Foreign Firms: Measurement, Causes, and Consequences
w13288 Reena Aggarwal
Isil Erel
René Stulz
Rohan Williamson

Differences in Governance Practices between U.S. and Foreign Firms: Measurement, Causes, and Consequences
w13288 Reena Aggarwal
Isil Erel
René Stulz
Rohan Williamson

Differences in Governance Practices between U.S. and Foreign Firms: Measurement, Causes, and Consequences
w13288 Reena Aggarwal
Isil Erel
René Stulz
Rohan Williamson

Differences in Governance Practices between U.S. and Foreign Firms: Measurement, Causes, and Consequences
w13265 Michelle J. White
Bankruptcy Reform and Credit Cards
w13268 Jeremy I. Bulow
Paul D. Klemperer

When are Auctions Best?
w13270 Steven N. Kaplan
Joshua Rauh

Wall Street and Main Street: What Contributes to the Rise in the Highest Incomes?
w13274 Jarrad Harford
Dirk Jenter
Kai Li

Conflicts of Interests Among Shareholders: The Case of Corporate Acquisitions
w13274 Jarrad Harford
Dirk Jenter
Kai Li

Conflicts of Interests Among Shareholders: The Case of Corporate Acquisitions
w13282 Long Chen
Lu Zhang

Neoclassical Factors
w13282 Long Chen
Lu Zhang

Neoclassical Factors
w13283 Mihir A. Desai
Li Jin

Institutional Tax Clienteles and Payout Policy
w13285 Harry DeAngelo
Linda DeAngelo
René M. Stulz

Fundamentals, Market Timing, and Seasoned Equity Offerings
w13285 Harry DeAngelo
Linda DeAngelo
René M. Stulz

Fundamentals, Market Timing, and Seasoned Equity Offerings
w13285 Harry DeAngelo
Linda DeAngelo
René M. Stulz

Fundamentals, Market Timing, and Seasoned Equity Offerings
w13250 Jianjun Miao
Neng Wang

Investment, Consumption, and Hedging under Incomplete Markets
w13251 Rui Albuquerque
Neng Wang

Agency Conflicts, Investment, and Asset Pricing
w13240 Joshua Rauh
Risk Shifting versus Risk Management: Investment Policy in Corporate Pension Plans
w13240 Joshua Rauh
Risk Shifting versus Risk Management: Investment Policy in Corporate Pension Plans
w13202 Rüdiger Fahlenbrach
René M. Stulz

Managerial Ownership Dynamics and Firm Value
w13171 Randall Morck
Masao Nakamura

Business Groups and the Big Push: Meiji Japan's Mass Privatization and Subsequent Growth
w13132 Mihir A. Desai
Dhammika Dharmapala

Taxes, Institutions and Foreign Diversification Opportunities
w13092 Guido Lorenzoni
Karl Walentin

Financial Frictions, Investment and Tobin's q
w13093 Eric Hilt
When did Ownership Separate from Control? Corporate Governance in the Early Nineteenth Century
w13079 Craig Doidge
G. Andrew Karolyi
Rene M. Stulz

Has New York Become Less Competitive in Global Markets? Evaluating Foreign Listing Choices Over Time
w13061 Leonce Bargeron
Frederik Schlingemann
Rene M. Stulz
Chad Zutter

Why Do Private Acquirers Pay So Little Compared to Public Acquirers?
w13056 Robert E. Hall
Susan E. Woodward

The Incentives to Start New Companies: Evidence from Venture Capital
w13005 Hirofumi Uchida
Gregory F.Udell
Wako Watanabe

Bank Size and Lending Relationships in Japan
w13011 Hyunbae Chun
Jung-Wook Kim
Randall Morck
Bernard Yeung

Creative Destruction and Firm-Specific Performance Heterogeneity
w13014 Jonathan B. Berk
Richard Stanton
Josef Zechner

Human Capital, Bankruptcy and Capital Structure
w13014 Jonathan B. Berk
Richard Stanton
Josef Zechner

Human Capital, Bankruptcy and Capital Structure
w13014 Jonathan B. Berk
Richard Stanton
Josef Zechner

Human Capital, Bankruptcy and Capital Structure
w12990 Kristian R. Miltersen
Eduardo S. Schwartz

Real Options With Uncertain Maturity and Competition
w12952 Yael V. Hochberg
Paola Sapienza
Annette Vissing-Jorgensen

A Lobbying Approach to Evaluating the Sarbanes-Oxley Act of 2002
w12952 Yael V. Hochberg
Paola Sapienza
Annette Vissing-Jorgensen

A Lobbying Approach to Evaluating the Sarbanes-Oxley Act of 2002
w12918 Charles W. Calomiris
Doron Nissim

Activity-Based Valuation of Bank Holding Companies
w12882 Alexander Dyck
Adair Morse
Luigi Zingales

Who Blows the Whistle on Corporate Fraud?
w12875 Benjamin E. Hermalin
Michael S. Weisbach

Transparency and Corporate Governance
w12875 Benjamin E. Hermalin
Michael S. Weisbach

Transparency and Corporate Governance
w12851 Efraim Benmelech
Tobias J. Moskowitz

The Political Economy of Financial Regulation: Evidence from U.S. State Usury Laws in the 19th Century
w12855 Pol Antràs
Mihir A. Desai
C. Fritz Foley

Multinational Firms, FDI Flows and Imperfect Capital Markets
w12833 Francesco Caselli
Nicola Gennaioli

Economics and Politics of Alternative Institutional Reforms
w12847 Borja Larrain
Motohiro Yogo

Does Firm Value Move Too Much to be Justified by Subsequent Changes in Cash Flow?
w12847 Borja Larrain
Motohiro Yogo

Does Firm Value Move Too Much to be Justified by Subsequent Changes in Cash Flow?
w12819 Reena Aggarwal
Isil Erel
Rene M. Stulz
Rohan Williamson

Do U.S. Firms Have the Best Corporate Governance? A Cross-Country Examination of the Relation between Corporate Governance and Shareholder Wealth
w12819 Reena Aggarwal
Isil Erel
Rene M. Stulz
Rohan Williamson

Do U.S. Firms Have the Best Corporate Governance? A Cross-Country Examination of the Relation between Corporate Governance and Shareholder Wealth
w12819 Reena Aggarwal
Isil Erel
Rene M. Stulz
Rohan Williamson

Do U.S. Firms Have the Best Corporate Governance? A Cross-Country Examination of the Relation between Corporate Governance and Shareholder Wealth
w12819 Reena Aggarwal
Isil Erel
Rene M. Stulz
Rohan Williamson

Do U.S. Firms Have the Best Corporate Governance? A Cross-Country Examination of the Relation between Corporate Governance and Shareholder Wealth
w12826 Ulf Axelson
Per Stromberg
Michael S. Weisbach

Why are Buyouts Levered: The Financial Structure of Private Equity Funds
w12826 Ulf Axelson
Per Stromberg
Michael S. Weisbach

Why are Buyouts Levered: The Financial Structure of Private Equity Funds
2006
w12798 Michael S. Weisbach
Optimal Executive Compensation vs. Managerial Power: A Review of Lucian Bebchuk and Jesse Fried's "Pay without Performance: The Unfulfilled Promise of Executive Compensation"
w12807 Simeon Djankov
Oliver Hart
Caralee McLiesh
Andrei Shleifer

Debt Enforcement Around the World
w12811 Lucian A. Bebchuk
Yaniv Grinstein
Urs Peyer

Lucky Directors
w12811 Lucian A. Bebchuk
Yaniv Grinstein
Urs Peyer

Lucky Directors
w12792 Lubos Pastor
Lucian Taylor
Pietro Veronesi

Entrepreneurial Learning, the IPO Decision, and the Post-IPO Drop in Firm Profitability
w12771 Lucian A. Bebchuk
Yaniv Grinstein
Urs Peyer

Lucky CEOs
w12771 Lucian A. Bebchuk
Yaniv Grinstein
Urs Peyer

Lucky CEOs
w12773 Heitor Almeida
Murillo Campello
Michael S. Weisbach

Corporate Financial and Investment Policies when Future Financing is not Frictionless
w12773 Heitor Almeida
Murillo Campello
Michael S. Weisbach

Corporate Financial and Investment Policies when Future Financing is not Frictionless
w12765 Enrichetta Ravina
Paola Sapienza

What Do Independent Directors Know? Evidence from Their Trading
w12765 Enrichetta Ravina
Paola Sapienza

What Do Independent Directors Know? Evidence from Their Trading
w12739 Holger M. Mueller
Thomas Philippon

Family Firms, Paternalism, and Labor Relations
w12724 Dirk Jenter
Katharina Lewellen
Jerold B. Warner

Security Issue Timing: What Do Managers Know, and When Do They Know It?
w12724 Dirk Jenter
Katharina Lewellen
Jerold B. Warner

Security Issue Timing: What Do Managers Know, and When Do They Know It?
w12724 Dirk Jenter
Katharina Lewellen
Jerold B. Warner

Security Issue Timing: What Do Managers Know, and When Do They Know It?
w12705 Edward J. Kane
Basel II: A Contracting Perspective
w12675 Luc Laeven
Ross Levine

Complex Ownership Structures and Corporate Valuations
w12675 Luc Laeven
Ross Levine

Complex Ownership Structures and Corporate Valuations
w12675 Luc Laeven
Ross Levine

Complex Ownership Structures and Corporate Valuations
w12649 C. Fritz Foley
Jay C. Hartzell
Sheridan Titman
Garry Twite

Why do firms hold so much cash? A tax-based explanation
w12649 C. Fritz Foley
Jay C. Hartzell
Sheridan Titman
Garry Twite

Why do firms hold so much cash? A tax-based explanation
w12626 Jerry Cao
Josh Lerner

The Performance of Reverse Leveraged Buyouts
w12644 Charles Calomiris
Devaluation with Contract Redenomination in Argentina
w12644 Charles Calomiris
Devaluation with Contract Redenomination in Argentina
w12612 Atif Mian
Asim Ijaz Khwaja

Tracing the Impact of Bank Liquidity Shocks: Evidence from an Emerging Market
w12555 Dmitry Livdan
Horacio Sapriza
Lu Zhang

Financially Constrained Stock Returns
w12555 Dmitry Livdan
Horacio Sapriza
Lu Zhang

Financially Constrained Stock Returns
w12534 Thomas W. Bates
Kathleen M. Kahle
Rene M. Stulz

Why Do U.S. Firms Hold So Much More Cash Than They Used To?
w12534 Thomas W. Bates
Kathleen M. Kahle
Rene M. Stulz

Why Do U.S. Firms Hold So Much More Cash Than They Used To?
w12534 Thomas W. Bates
Kathleen M. Kahle
Rene M. Stulz

Why Do U.S. Firms Hold So Much More Cash Than They Used To?
w12525 Alexander Dyck
Natalya Volchkova
Luigi Zingales

The Corporate Governance Role of the Media: Evidence from Russia
w12500 John Ammer
Sara B. Holland
David C. Smith
Francis E. Warnock

Look at Me Now: What Attracts U.S. Shareholders?
w12462 Thomas Philippon
The Bond Market's q
w12463 Alan J. Auerbach
Why Have Corporate Tax Revenues Declined? Another Look
w12465 Steven N. Kaplan
Bernadette Minton

How has CEO Turnover Changed? Increasingly Performance Sensitive Boards and Increasingly Uneasy CEOs
w12438 Leemore Dafny
David Dranove

Regulatory Exploitation and the Market for Corporate Controls
w12389 Bong-Chan Kho
René M. Stulz
Francis E. Warnock

Financial Globalization, Governance, and the Evolution of the Home Bias
w12389 Bong-Chan Kho
René M. Stulz
Francis E. Warnock

Financial Globalization, Governance, and the Evolution of the Home Bias
w12365 Xavier Gabaix
Augustin Landier

Why Has CEO Pay Increased So Much?
w12356 Morten Bennedsen
Kasper M. Nielsen
Francisco Pérez-González
Daniel Wolfenzon

Inside the Family Firm: The Role of Families in Succession Decisions and Performance
w12356 Morten Bennedsen
Kasper M. Nielsen
Francisco Pérez-González
Daniel Wolfenzon

Inside the Family Firm: The Role of Families in Succession Decisions and Performance
w12359 Yingjin Hila Gan
Christopher Mayer

Agency Conflicts, Asset Substitution, and Securitization
w12308 Urban Jermann
Vincenzo Quadrini

Financial Innovations and Macroeconomic Volatility
w12288 Malcolm Baker
Stefan Nagel
Jeffrey Wurgler

The Effect of Dividends on Consumption
w12292 Roger Gordon
Martin Dietz

Dividends and Taxes
w12295 Michelle Lowry
Micah S. Officer
G. William Schwert

The Variability of IPO Initial Returns
w12297 Vojislav Maksimovic
Gordon Phillips

The Industry Life Cycle and Acquisitions and Investment: Does Firm Organization Matter?
w12276 Mihir A. Desai
C. Fritz Foley
James R. Hines Jr.

Capital Structure with Risky Foreign Investment
w12220 Fang Cai
Francis E. Warnock

International Diversification at Home and Abroad
w12222 Christian Leuz
Karl V. Lins
Francis E. Warnock

Do Foreigners Invest Less in Poorly Governed Firms?
w12203 Andrew Ang
Li Gu
Yael V. Hochberg

Is IPO Underperformance a Peso Problem?
w12129 Ricardo J. Caballero
Takeo Hoshi
Anil K. Kashyap

Zombie Lending and Depressed Restructuring in Japan
w12151 Ravi Jagannathan
Ann E. Sherman

Why Do IPO Auctions Fail?
w12127 Galina Hale
Assaf Razin
Hui Tong

Institutional Weakness and Stock Price Volatility
w12107 Patrick Bolton
Jose Scheinkman
Wei Xiong

Pay for Short-Term Performance: Executive Compensation in Speculative Markets
w12068 Dirk Jenter
Fadi Kanaan

CEO Turnover and Relative Performance Evaluation
w12068 Dirk Jenter
Fadi Kanaan

CEO Turnover and Relative Performance Evaluation
w12087 Heitor Almeida
Murillo Campello

Financial Constraints, Asset Tangibility, and Corporate Investment
w12050 Benjamin E. Hermalin
Michael S. Weisbach

A Framework for Assessing Corporate Governance Reform
w12050 Benjamin E. Hermalin
Michael S. Weisbach

A Framework for Assessing Corporate Governance Reform
w12042 Steven R. Grenadier
Neng Wang

Investment Under Uncertainty and Time-Inconsistent Preferences
w11989 Justin Wolfers
Diagnosing Discrimination: Stock Returns and CEO Gender
w11950 Kevin F. Hallock
Craig Olson

The Value of Stock Options to Non-Executive Employees
w11961 Sanjiv Das
Darrell Duffie
Nikunj Kapadia
Leandro Saita

Common Failings: How Corporate Defaults are Correlated
w11962 Darrell Duffie
Leandro Siata
Ke Wang

Multi-Period Corporate Default Prediction With Stochastic Covariates
w11912 Rene M. Stulz
Financial Globalization, Corporate Governance, and Eastern Europe
w11914 A. Burak Güner
Ulrike Malmendier
Geoffrey Tate

Financial Expertise of Directors
2005
w11907 Lucian A. Bebchuk
Robert J. Jackson
Jr.

Executive Pensions
w11907 Lucian A. Bebchuk
Robert J. Jackson
Jr.

Executive Pensions
w11907 Lucian A. Bebchuk
Robert J. Jackson
Jr.

Executive Pensions
w11882 Owen A. Lamont
Jeremy C. Stein

Investor Sentiment and Corporate Finance: Micro and Macro
w11882 Owen A. Lamont
Jeremy C. Stein

Investor Sentiment and Corporate Finance: Micro and Macro
w11883 Simeon Djankov
Rafael LaPorta
Florencio Lopez-de-Silanes
Andrei Shleifer

The Law and Economics of Self-Dealing
w11883 Simeon Djankov
Rafael LaPorta
Florencio Lopez-de-Silanes
Andrei Shleifer

The Law and Economics of Self-Dealing
w11886 Lucian Bebchuk
Yaniv Grinstein

Firm Expansion and CEO Pay
w11886 Lucian Bebchuk
Yaniv Grinstein

Firm Expansion and CEO Pay
w11797 Woojin Kim
Michael S. Weisbach

Motivations for Public Equity Offers: An International Perspective
w11757 Itay Goldstein
Assaf Razin

An Information-Based Trade Off between Foreign Direct Investment and Foreign Portfolio Investment
w11728 Raghuram G. Rajan
Has Financial Development Made the World Riskier?
w11683 Stefano DellaVigna
Joshua Pollet

Investor Inattention, Firm Reaction, and Friday Earnings Announcements
w11685 Heitor Almeida
Thomas Philippon

The Risk-Adjusted Cost of Financial Distress
w11624 Zsuzsanna Fluck
Kedran Garrison
Stewart C. Myers

Venture Capital Contracting and Syndication: An Experiment in Computational Corporate Finance
w11581 Steven N. Kaplan
Berk A. Sensoy
Per Strömberg

What Are Firms? Evolution from Birth to Public Companies
w11573 Simi Kedia
Thomas Philippon

The Economics of Fraudulent Accounting
w11536 Michelle J. White
Economic Analysis of Corporate and Personal Bankruptcy Law
w11498 Thorsten Beck
Asli Demirguc-Kunt
Ross Levine

Bank Supervision and Corruption in Lending
w11499 Luc Laeven
Ross Levine

Is There a Diversification Discount in Financial Conglomerates?
w11505 Jean Helwege
Christo Pirinsky
René M. Stulz

Why Do Firms Become Widely Held? An Analysis of the ynamics of Corporate Ownership
w11505 Jean Helwege
Christo Pirinsky
René M. Stulz

Why Do Firms Become Widely Held? An Analysis of the ynamics of Corporate Ownership
w11526 Andrea Frazzini
Owen A. Lamont

Dumb Money: Mutual Fund Flows and the Cross-Section of Stock Returns
w11478 Michael Greenstone
Paul Oyer
Annette Vissing-Jorgensen

Mandated Disclosure, Stock Returns, and the 1964 Securities Acts Amendments
w11450 Andrew A. Toole
Dirk Czarnitzki

Biomedical Academic Entrepreneurship Through the SBIR Program
w11459 Evgeny Lyandres
Le Sun
Lu Zhang

Investment-Based Underperformance Following Seasoned Equity Offerings
w11459 Evgeny Lyandres
Le Sun
Lu Zhang

Investment-Based Underperformance Following Seasoned Equity Offerings
w11469 Mihir A. Desai
Dhammika Dharmapala
Winnie Fung

Taxation and the Evolution of Aggregate Corporate Ownership Concentration
w11443 Lucian Bebchuk
Yaniv Grinstein

The Growth of Executive Pay
w11443 Lucian Bebchuk
Yaniv Grinstein

The Growth of Executive Pay
w11424 Daron Acemoglu
Simon Johnson
Todd Mitton

Determinants of Vertical Integration: Finance, Contracts, and Regulation
w11424 Daron Acemoglu
Simon Johnson
Todd Mitton

Determinants of Vertical Integration: Finance, Contracts, and Regulation
w11409 Nittai K. Bergman
Dirk Jenter

Employee Sentiment and Stock Option Compensation
w11391 Viral V. Acharya
Heitor Almeida
Murillo Campello

Is Cash Negative Debt? A Hedging Perspective on Corporate Financial Policies
w11368 Heitor Almeida
Daniel Wolfenzon

A Theory of Pyramidal Ownership and Family Business Groups
w11357 Joshua D. Coval
Erik Stafford

Asset Fire Sales (and Purchases) in Equity Markets
w11364 Gary Gorton
Matthias Kahl
Richard Rosen

Eat or Be Eaten: A Theory of Mergers and Merger Waves
w11333 Charles W. Calomiris
Donna M. Hitscherich

Banker Fees and Acquisition Premia for Targets in Cash Tender Offers: Challenges to the Popular Wisdom on Banker Conflicts
w11294 Armando Gomes
Gordon Phillips

Why Do Public Firms Issue Private and Public Securities?
w11280 Mitchell A. Petersen
Estimating Standard Errors in Finance Panel Data Sets: Comparing Approaches
w11241 Mihir A. Desai
Dhammika Dharmapala

Corporate Tax Avoidance and Firm Value
w11254 Olubunmi Faleye
Vikas Mehrotra
Randall Morck

When Labor Has a Voice in Corporate Governance
w11229 Joseph Golec
Shantaram Hegde
John A. Vernon

Pharmaceutical Stock Price Reactions to Price Constraint Threats and Firm-Level R&D Spending
w11190 Gary Gorton
Nicholas Souleles

Special Purpose Vehicles and Securitization
w11197 Woojin Kim
Michael Weisbach

Do Firms Go Public to Raise Capital?
w11162 Craig Doidge
G. Andrew Karolyi
Karl V. Lins
Darius P. Miller
Rene M. Stulz

Private Benefits of Control, Ownership, and the Cross-Listing Decision
w11126 Marianne Bertrand
Sendhil Mullainathan

Profitable Investments or Dissipated Cash? Evidence on the Investment-Cash Flow Relationship From Oil and Gas Lease Bidding
w11140 Mihir A. Desai
Robert J. Yetman

Constraining Managers without Owners: Governance of the Not-for-Profit Enterprise
w11062 Randall K. Morck
Lloyd Steier

The Global History of Corporate Governance: An Introduction
w11070 Rene M. Stulz
The Limits of Financial Globalization
w11071 Patrick Bolton
Olivier Jeanne

Structuring and Restructuring Sovereign Debt: The Role of Seniority
w11078 Simeon Djankov
Caralee McLiesh
Andrei Shleifer

Private Credit in 129 Countries
w11078 Simeon Djankov
Caralee McLiesh
Andrei Shleifer

Private Credit in 129 Countries
w11082 Bart Lambrecht
Stewart C. Myers

A Theory of Takeovers and Disinvestment
w11083 Andrew Atkeson
Harold Cole

A Dynamic Theory of Optimal Capital Structure and Executive Compensation
w11050 Claudio Michelacci
Vincenzo Quadrini

Financial Markets and Wages
2004
w11011 David J. Brophy
Paige P. Ouimet
Clemens Sialm

PIPE Dreams? The Performance of Companies Issuing Equity Privately
w10998 Malcolm Baker
Joshua Coval
Jeremy C. Stein

Corporate Financing Decisions When Investors Take the Path of Least Resistance
w10998 Malcolm Baker
Joshua Coval
Jeremy C. Stein

Corporate Financing Decisions When Investors Take the Path of Least Resistance
w10999 Philippe Aghion
Jeremy C. Stein

Growth vs. Margins: Destabilizing Consequences of Giving the Stock Market What it Wants
w11002 Jeffrey R. Brown
Nellie Liang
Scott Weisbenner

Executive Financial Incentives and Payout Policy: Firm Responses to the 2003 Dividend Tax Cut
w11002 Jeffrey R. Brown
Nellie Liang
Scott Weisbenner

Executive Financial Incentives and Payout Policy: Firm Responses to the 2003 Dividend Tax Cut
w11004 Efraim Benmelech
Mark J. Garmaise
Tobias Moskowitz

Do Liquidation Values Affect Financial Contracts? Evidence from Commercial Loan Contracts and Zoning Regulation
w11005 Luigi Guiso
Paola Sapienza
Luigi Zingales

Cultural Biases in Economic Exchange
w11006 Mark J. Garmaise
Tobias J. Moskowitz

Bank Mergers and Crime: The Real and Social Effects of Credit Market Competition
w10978 Mihir A. Desai
Alexander Dyck
Luigi Zingales

Theft and Taxes
w10944 Randall Morck
How to Eliminate Pyramidal Business Groups - The Double Taxation of Inter-Corporate Dividends and Other Incisive Uses of Tax Policy
w10933 Ilan Guedj
David Scharfstein

Organizational Scope and Investment: Evidence from the Drug Development Strategies and Performance of Biopharmaceutical Firms
w10908 Stephen G. Cecchetti
Stefan Krause

Deposit Insurance and External Finance
w10891 Peter M. DeMarzo
Ilan Kremer
Andrzej Skrzypacz

Bidding With Securities: Auctions and Security Design
w10863 Malcolm Baker
Richard S. Ruback
Jeffrey Wurgler

Behavioral Corporate Finance: A Survey
w10863 Malcolm Baker
Richard S. Ruback
Jeffrey Wurgler

Behavioral Corporate Finance: A Survey
w10863 Malcolm Baker
Richard S. Ruback
Jeffrey Wurgler

Behavioral Corporate Finance: A Survey
w10863 Malcolm Baker
Richard S. Ruback
Jeffrey Wurgler

Behavioral Corporate Finance: A Survey
w10872 Anusha Chari
Paige P. Ouimet
Linda L. Tesar

Acquiring Control in Emerging Markets: Evidence from the Stock Market
w10841 Raj Chetty
Emmanuel Saez

Dividend Taxes and Corporate Behavior: Evidence from the 2003 Dividend Tax Cut
w10823 Malcolm P. Baker
Ryan Taliaferro
Jeffrey Wurgler

Pseudo Market Timing and Predictive Regressions
w10807 Ulrike Malmendier
Geoffrey Tate

CEO Overconfidence and Corporate Investment
w10807 Ulrike Malmendier
Geoffrey Tate

CEO Overconfidence and Corporate Investment
w10813 Ulrike Malmendier
Geoffrey Tate

Who Makes Acquisitions? CEO Overconfidence and the Market's Reaction
w10813 Ulrike Malmendier
Geoffrey Tate

Who Makes Acquisitions? CEO Overconfidence and the Market's Reaction
w10771 Boyan Jovanovic
The Pre-Producers
w10773 Sara B. Moeller
Frederik P. Schlingemann
Rene M. Stulz

Do Acquirers With More Uncertain Growth Prospects Gain Less From Acquisitions?
w10773 Sara B. Moeller
Frederik P. Schlingemann
Rene M. Stulz

Do Acquirers With More Uncertain Growth Prospects Gain Less From Acquisitions?
w10773 Sara B. Moeller
Frederik P. Schlingemann
Rene M. Stulz

Do Acquirers With More Uncertain Growth Prospects Gain Less From Acquisitions?
w10742 Lucian Arye Bebchuk
Jesse M. Fried

Stealth Compensation Via Retirement Benefits
w10742 Lucian Arye Bebchuk
Jesse M. Fried

Stealth Compensation Via Retirement Benefits
w10743 Darrell Duffie
Ke Wang

Multi-Period Corporate Failure Prediction with Stochastic Covariates
w10665 Patrick Bajari
John Krainer

An Empirical Model of Stock Analysts' Recommendations: Market Fundamentals, Conflicts of Interest, and Peer Effects
w10671 Jennifer Dlugosz
Rudiger Fahlenbrach
Paul Gompers
Andrew Metrick

Large Blocks of Stock: Prevalence, Size, and Measurement
w10687 Thorsten Beck
Asli Demirguc-Kunt
Ross Levine

Law and Firms' Access to Finance
w10635 Randall Morck
Michael Percy
Gloria Tian
Bernard Yeung

The Rise and Fall of the Widely Held Firm - A History of Corporate Ownership in Canada
w10641 Peter Hogfeldt
The History and Politics of Corporate Ownership in Sweden
w10644 Randall Morck
Behavioral Finance in Corporate Governance - Independent Directors, Non-Executive Chairs, and the Importance of the Devil's Advocate
w10613 Tarun Khann
Krishna Palepu

The Evolution of Concentrated Ownership in India Broad patterns and a History of the Indian Software Industry
w10615 Peter M. DeMarzo
Yuliy Sannikov

A Continuous-Time Agency Model of Optimal Contracting and Capital Structure
w10628 Julian Franks
Colin Mayer
Stefano Rossi

Spending Less Time with the Family: The Decline of Family Ownership in the UK
w10599 Harry DeAngelo
Linda DeAngelo
Rene Stulz

Dividend Policy, Agency Costs, and Earned Equity
w10599 Harry DeAngelo
Linda DeAngelo
Rene Stulz

Dividend Policy, Agency Costs, and Earned Equity
w10587 Lucian Bebchuk
Alma Cohen

The Costs of Entrenched Boards
w10587 Lucian Bebchuk
Alma Cohen

The Costs of Entrenched Boards
w10559 Malcolm Baker
C. Fritz Foley
Jeffrey Wurgler

The Stock Market and Investment: Evidence from FDI Flows
w10563 Christopher Polk
Paola Sapienza

The Real Effects of Investor Sentiment
w10572 Raj Chetty
Emmanuel Saez

Do Dividend Payments Respond to Taxes? Preliminary Evidence from the 2003 Dividend Tax Cut
w10550 John R. Graham
Campbell R. Harvey
Shiva Rajgopal

The Economic Implications of Corporate Financial Reporting
w10550 John R. Graham
Campbell R. Harvey
Shiva Rajgopal

The Economic Implications of Corporate Financial Reporting
w10536 Patricia M. Danzon
Andrew Epstein
Sean Nicholson

Mergers and Acquisitions in the Pharmaceutical and Biotech Industries
w10537 Simon Gilchrist
Charles P. Himmelberg
Gur Huberman

Do Stock Price Bubbles Influence Corporate Investment?
w10526 Ayla Kayhan
Sheridan Titman

Firms' Histories and Their Capital Structures
w10494 Raghuram Rajan
Julie Wulf

Are Perks Purely Managerial Excess?
w10471 Mihir A. Desai
Dhammika Dharmapala

Corporate Tax Avoidance and High Powered Incentives
w10380 Leora Klapper
Luc Laeven
Raghuram Rajan

Business Environment and Firm Entry: Evidence from International Data
w10298 Boyan Jovanovic
Peter L. Rousseau

Interest Rates and Initial Public Offerings
w10301 Jennifer L. Blouin
Jana Smith Raedy
Douglas A. Shackelford

Did Dividends Increase Immediately After the 2003 Reduction in Tax Rates?
w10258 Kristian R. Miltersen
Eduardo S. Schwartz

R&D Investments with Competitive Interactions
w10240 Paul A. Gompers
Joy Ishii
Andrew Metrick

Incentives vs. Control: An Analysis of U.S. Dual-Class Companies
w10224 Evangelos Benos
Michael S. Weisbach

Private Benefits and Cross-Listings in the United States
w10225 Brian J. Henderson
Narasimhan Jegadeesh
Michael S. Weisbach

World Markets for Raising New Capital
w10200 Sara B. Moeller
Frederik P. Schlingemann
Rene M. Stulz

Wealth Destruction on a Massive Scale? A Study of Acquiring-Firm Returns in the Recent Merger Wave
w10200 Sara B. Moeller
Frederik P. Schlingemann
Rene M. Stulz

Wealth Destruction on a Massive Scale? A Study of Acquiring-Firm Returns in the Recent Merger Wave
2003
w10190 Lucian Arye Bebchuk
Why Firms Adopt Antitakeover Arrangements
w10190 Lucian Arye Bebchuk
Why Firms Adopt Antitakeover Arrangements
w10184 Kenneth A. Froot
Risk Management, Capital Budgeting and Capital Structure Policy for Insurers and Reinsurers
w10188 Lee Pinkowitz
Rene M. Stulz
Rohan Williamson

Do Firms in Countries with Poor Protection of Investor Rights Hold More Cash?
w10153 Mihir Desai
William M. Gentry

The Character and Determinants of Corporate Capital Gains
w10158 Gerard Caprio
Luc Laeven
Ross Levine

Governance and Bank Valuation
w10165 Mihir Desai
Paul Gompers
Josh Lerner

Institutions, Capital Constraints and Entrepreneurial Firm Dynamics: Evidence from Europe
w10114 Eduardo S. Schwartz
Patents and R&D as Real Options
w10115 Gordon M. Bodnar
Bernard Dumas
Richard D. Marston

Cross-Border Valuation: The International Cost of Equity Capital
w10097 Steven N. Kaplan
Frederic Martel
Per Stromberg

How Do Legal Differences and Learning Affect Financial Contracts?
w10101 Andres Almazan
Javier Suarez
Sheridan Titman

Stakeholder, Transparency and Capital Structure
w10041 Jason C. Hsu
Eduardo S. Schwartz

A Model of R&D Valuation and the Design of Research Incentives
w9995 Malcolm Baker
Jeffrey Wurgler

Appearing and Disappearing Dividends: The Link to Catering Incentives
w9949 Eric Friedman
Simon Johnson
Todd Mitton

Propping and Tunneling
w9951 Sheridan Titman
K.C. John Wei
Feixue Xie

Capital Investments and Stock Returns
w9930 Michael Faulkender
Mitchell A. Petersen

Does the Source of Capital Affect Capital Structure?
w9813 Lucian Arye Bebchuk
Jesse M. Fried

Executive Compensation as an Agency Problem
w9758 James Dow
Gary Gorton
Arvind Krishnamurthy

Equilibrium Asset Prices Under Imperfect Corporate Control
w9763 Walter Novaes
Luigi Zingales

Bureaucracy as a Mechanism to Generate Information
w9715 Mihir A. Desai
C. Fritz Foley
James R. Hines
Jr.

A Multinational Perspective on Capital Structure Choice and Internal Capital Markets
w9722 Patrick Bolton
Jose Scheinkman
Wei Xiong

Executive Compensation and Short-termist Behavior in Speculative Markets
w9644 Patrick McGuire
Bank Ties and Bond Market Access: Evidence on Investment-Cash Flow Sensitivity in Japan
w9651 Randall Morck
Why Some Double Taxation Might Make Sense: The Special Case of Inter-corporate Dividends
w9657 Alon Brav
John R. Graham
Campbell R. Harvey
Roni Michaely

Payout Policy in the 21st Century
w9657 Alon Brav
John R. Graham
Campbell R. Harvey
Roni Michaely

Payout Policy in the 21st Century
w9613 Bengt Holmstrom
Steven N. Kaplan

The State of U.S. Corporate Governance: What's Right and What's Wrong?
w9620 Thorsten Beck
Asli Demirguc-Kunt
Ross Levine

Bank Supervision and Corporate Finance
w9574 Chen-Chien Hsun
Shih Hui-Tzu

Initial Public Offering and Corporate Governance in China's Transitional Economy
w9575 Youngjae Lim
Sources of Corporate Financing and Economic Crisis in Korea: A Micro-evidence
w9542 Malcolm Baker
Jeffrey Wurgler

A Catering Theory of Dividends
w9523 Sara B. Moeller
Frederik P. Schlingemann
Rene M. Stulz

Do shareholders of acquiring firms gain from acquisitions?
w9523 Sara B. Moeller
Frederik P. Schlingemann
Rene M. Stulz

Do shareholders of acquiring firms gain from acquisitions?
w9527 Bruce Blonigen
Rossitza B. Wooster

CEO Turnover and Foreign Market Participation
w9469 William N. Goetzmann
Matthew Spiegel
Andrey Ukhov

Modeling and Measuring Russian Corporate Governance: The Case of Russian Preferred and Common Shares
w9432 Gayane Hovakimian
Sheridan Titman

Corporate Investment with Financial Constraints: Sensitivity of Investment to Funds from Voluntary Asset Sales
w9432 Gayane Hovakimian
Sheridan Titman

Corporate Investment with Financial Constraints: Sensitivity of Investment to Funds from Voluntary Asset Sales
2002
w9385 Takero Doi
Takeo Hoshi

Paying for the FILP
w9386 Yishay Yafeh
An International Perspective of Japan's Corporate Groups and their Prospects
w9371 Patrick Bolton
Marco Becht
Alisa Röell

Corporate Governance and Control
w9371 Patrick Bolton
Marco Becht
Alisa Röell

Corporate Governance and Control
w9380 Lucian Bebchuk
Alma Cohen
Allen Ferrell

Does the Evidence Favor State Competition in Corporate Law?
w9380 Lucian Bebchuk
Alma Cohen
Allen Ferrell

Does the Evidence Favor State Competition in Corporate Law?
w9323 James R. Barth
Gerard Caprio
Jr.
Ross Levine

Bank Regulation and Supervision: What Works Best?
w9327 Nengjiu Ju
Robert Parrino
Allen M. Poteshman
Michael S. Weisbach

Horses and Rabbits? Optimal Dynamic Capital Structure from Shareholder and Manager Perspectives
w9327 Nengjiu Ju
Robert Parrino
Allen M. Poteshman
Michael S. Weisbach

Horses and Rabbits? Optimal Dynamic Capital Structure from Shareholder and Manager Perspectives
w9309 Alexander Dyck
Luigi Zingales

The Corporate Governance Role of the Media
w9250 Olivia S. Mitchell
Stephen P. Utkus

The Role of Company Stock in Defined Contribution Plans
w9253 Heitor Almeida
Murillo Campello
Michael S. Weisbach

Corporate Demand for Liquidity
w9253 Heitor Almeida
Murillo Campello
Michael S. Weisbach

Corporate Demand for Liquidity
w9214 Patric H. Hendershott
Charles W.R. Ward

Valuing and Pricing Retail Leases with Renewal and Overage Options
w9146 Josh Lerner
Antoinetter Schoar

The Illiquidity Puzzle: Theory and Evidence from Private Equity
w9156 Oren Bar-Gill
Michal Barzuza
Lucian Bebchuk

The Market for Corporate Law
w9156 Oren Bar-Gill
Michal Barzuza
Lucian Bebchuk

The Market for Corporate Law
w9126 Roberta Romano
Does Confidential Proxy Voting Matter?
w9107 Lucian Bebchuk
Alma Cohen

Firms' Decisions Where to Incorporate
w9107 Lucian Bebchuk
Alma Cohen

Firms' Decisions Where to Incorporate
w9078 Lucian Arye Bebchuk
The Case Against Board Veto in Corporate Takeovers
w9078 Lucian Arye Bebchuk
The Case Against Board Veto in Corporate Takeovers
w9068 Lucian Arye Bebchuk
Jesse M. Fried
David I. Walker

Managerial Power and Rent Extraction in the Design of Executive Compensation
w9070 Reena Aggarwal
Nagpurnanand R. Prabhala
Manju Puri

Institutional Allocation In Initial Public Offerings: Empirical Evidence
w9049 Owen A. Lamont
Evaluating Value Weighting: Corporate Events and Market Timing
w9059 Brian J. Hall
Thomas A. Knox

Managing Option Fragility
w9032 Peter MacKay
Gordon M. Phillips

Is There an Optimal Industry Financial Structure?
w9009 Boyan Jovanovic
Serguey Braguinsky

Bidder Discounts and Target Premia in Takeovers
w9001 Denis Gromb
David Scharfstein

Entrepreneurship in Equilibrium
w8989 Henry Hansmann
Daniel Kessler
Mark McClellan

Ownership Form and Trapped Capital in the Hospital Industry
w8974 Lucian Arye Bebchuk
John C. Coates IV
Guhan Subramanian

The Powerful Antitakeover Force of Staggered Boards: Theory, Evidence and Policy
w8974 Lucian Arye Bebchuk
John C. Coates IV
Guhan Subramanian

The Powerful Antitakeover Force of Staggered Boards: Theory, Evidence and Policy
w8954 Michael R. Darby
Lynne G. Zucker

Going Public When You Can in Biotechnology
w8921 Edward L. Glaeser
The Governance of Not-For-Profit Firms
w8874 Mark J. Garmaise
Tobias J. Moskowitz

Informal Financial Networks: Theory and Evidence
w8877 Mark J. Garmaise
Tobias J. Moskowitz

Confronting Information Asymmetries: Evidence from Real Estate Markets
w8866 Mihir A. Desai
The Corporate Profit Base, Tax Sheltering Activity, and the Changing Nature of Employee Compensation
w8848 Rafael La Porta
Florencio Lopez-de-Silane
Guillermo Zamarripa

Related Lending
w8764 Steven N. Kaplan
Per Stromberg

Characteristics, Contracts, and Actions: Evidence from Venture Capitalist Analyses
w8773 Bronwyn H. Hall
The Financing of Research and Development
w8776 Mike Burkart
Fausto Panunzi
Andrei Shleifer

Family Firms
w8750 Malcolm Baker
Jeremy C. Stein
Jeffrey Wurgler

When Does the Market Matter? Stock Prices and the Investment of Equity-Dependent Firms
w8763 Robert Parrino
Allen M. Poteshman
Michael S. Weisbach

Measuring Investment Distortions when Risk-Averse Managers Decide Whether to Undertake Risky Projects
w8711 Alexander Dyck
Luigi Zingales

Private Benefits of Control: An International Comparison
w8719 Ravi Jagannathan
Iwan Meier

Do We Need CAPM for Capital Budgeting?
w8698 Mihir A. Desai
C. Fritz Foley
James R. Hines Jr.

Dividend Policy inside the Firm
w8703 Lucian Arye Bebchuk
Assaf Hamdani

Optimal Defaults for Corporate Law Evolution
w8703 Lucian Arye Bebchuk
Assaf Hamdani

Optimal Defaults for Corporate Law Evolution
2001
w8678 John R. Graham
Campbell R. Harvey

Expectations of Equity Risk Premia, Volatility and Asymmetry from a Corporate Finance Perspective
w8694 Randall S. Kroszner
Philip E. Strahan

Throwing Good Money After Bad? Board Connections and Conflicts in Bank Lending
w8652 Arturo Bris
Ivo Welch

The Optimal Concentration of Creditors
w8661 Lucian Arye Bebchuk
Jesse M. Fried
David I. Walker

Executive Compensation in America: Optimal Contracting or Extraction of Rents?
w8633 Lucian Bebchuk
Oliver Hart

Takeover bids vs. Proxy Fights in Contests for Corporate Control
w8633 Lucian Bebchuk
Oliver Hart

Takeover bids vs. Proxy Fights in Contests for Corporate Control
w8586 Michelle Lowry
G. William Schwert

Biases in the IPO Pricing Process
w8507 Mihir A. Desai
C. Fritz Foley
James R. Hines Jr.

Repatriation Taxes and Dividend Distortions
w8538 Craig Doidge
G. Andrew Karolyi
Rene M. Stulz

Why are Foreign Firms Listed in the U.S. Worth More?
w8452 Campbell R. Harvey
Karl V. Lins
Andrew H. Roper

The Effect of Capital Structure When Expected Agency Costs are Extreme
w8452 Campbell R. Harvey
Karl V. Lins
Andrew H. Roper

The Effect of Capital Structure When Expected Agency Costs are Extreme
w8486 William M. Gentry
Deen Kemsley
Christopher J. Mayer

Dividend Taxes and Share Prices: Evidence from Real Estate Investment Trusts
w8438 Ann E. Harrison
Margaret S. McMillan

Does Direct Foreign Investment Affect Domestic Firms' Credit Constraints?
w8439 Andrei Shleifer
Robert W. Vishny

Stock Market Driven Acquisitions
w8449 Paul A. Gompers
Joy L. Ishii
Andrew Metrick

Corporate Governance and Equity Prices
w8367 Luis Garicano
Tano Santos

Referrals
w8388 Lucian Arye Bebchuk
Ex Ante Costs of Violating Absolute Priority in Bankruptcy
w8399 Edward J. Kane
Using Deferred Compensation to Strengthen the Ethicsof Financial Regulation
w8276 Lucian Arye Bebchuk
Jesse M. Fried

A New Approach to Valuing Secured Claims in Bankruptcy
w8285 Oliver Hart
Financial Contracting
w8286 Oliver Hart
Norms and the Theory of the Firm
w8201 Leslie Eldenburg
Benjamin E. Hermalin
Michael S. Weisbach
Marta Wosinska

Hospital Governance, Performance Objectives, and Organizational Form
w8202 Steven N. Kaplan
Per Stromberg

Venture Capitalists As Principals: Contracting, Screening, and Monitoring
w8203 Alan J. Auerbach
Taxation and Corporate Financial Policy
w8220 Bengt Holmstrom
Steven N. Kaplan

Corporate Governance and Merger Activity in the U.S.: Making Sense of the 1980s and 1990s
w8222 Rene M. Stulz
Rohan Williamson

Culture, Openness, and Finance
w8148 Lucian Arye Bebchuk
Allen Ferrell

A New Approach to Takeover Law and Regulatory Competition
w8161 Benjamin E. Hermalin
Michael S. Weisbach

Boards of Directors as an Endogenously Determined Institution: A Survey of the Economic Literature
w8164 William A. Reese
Jr.
Michael S. Weisbach

Protection of Minority Shareholder Interests, Cross-listings in the United States, and Subsequent Equity Offerings
w8177 Raghuram G. Rajan
Luigi Zingales

The Influence of the Financial Revolution on the Nature of Firms
w8178 Raghuram G. Rajan
Luigi Zingales

The Great Reversals: The Politics of Financial Development in the 20th Century
w8089 Lucian Arye Bebchuk
David I. Walker

The Overlooked Corporate Finance Problems of a Microsoft Breakup
w8093 Artyom Durnev
Randall Morck
Bernard Yeung

Does Firm-specific Information in Stock Prices Guide Capital Allocation?
2000
w7935 Michelle Lowry
G. William Schwert

IPO Market Cycles: Bubbles or Sequential Learning?
w7945 Gary Gorton
Frank Schmid

Class Struggle Inside the Firm: A Study of German Codetermination
w7945 Gary Gorton
Frank Schmid

Class Struggle Inside the Firm: A Study of German Codetermination
w7952 Marianne Bertrand
Paras Mehta
Sendhil Mullainathan

Ferreting Out Tunneling: An Application to Indian Business Groups
w7958 Raghuram G. Rajan
Luigi Zingales

The Governance of the New Enterprise
w7974 Andrei Shleifer
Daniel Wolfenson

Investor Protection and Equity Markets
w7974 Andrei Shleifer
Daniel Wolfenson

Investor Protection and Equity Markets
w7873 Frederik P. Schlingemann
Rene M. Stulz
Ralph A. Walkling

Asset Liquidity and Segment Divestitures
w7873 Frederik P. Schlingemann
Rene M. Stulz
Ralph A. Walkling

Asset Liquidity and Segment Divestitures
w7921 Oliver Hart
Different Approaches to Bankruptcy
w7821 Alan J. Auerbach
Kevin A. Hassett

On the Marginal Source of Investment Funds
w7842 Nancy L. Rose
Catherine Wolfram

Regulating Executive Pay: Using the Tax Code to Influence CEO Compensation
w7794 John DiNardo
Kevin F. Hallock

When Unions "Mattered": Assessing the Impact of Strikes on Financial Markets: 1925-1937
w7803 Owen Lamont
Christopher Polk

Does Diversification Destroy Value? Evidence From Industry Shocks
w7808 Hyun-Han Shin
Rene M. Stulz

Firm Value, Risk, and Growth Opportunities
w7808 Hyun-Han Shin
Rene M. Stulz

Firm Value, Risk, and Growth Opportunities
w7232 Lucian Arye Bebchuk
Allen Ferrell

Federalism and Takeover Law: The Race to Protect Managers from Takeovers
w7232 Lucian Arye Bebchuk
Allen Ferrell

Federalism and Takeover Law: The Race to Protect Managers from Takeovers
w7705 Jeremy C. Stein
Information Production and Capital Allocation: Decentralized vs. Hierarchical Firms
w7706 Luigi Zingales
In Search of New Foundations
w7720 Ricardo J. Caballero
Mohamad L. Hammour

Institutions, Restructuring, and Macroeconomic Performance
w6919 Lucian Arye Bebchuk
Christine Jolls

Managerial Value Diversion and Shareholder Wealth
w7660 Steven N. Kaplan
Per Stromberg

Financial Contracting Theory Meets the Real World: An Empirical Analysis of Venture Capital Contracts
w6521 Lucian Arye Bebchuk
Andrew T. Guzman

An Economic Analysis of Transnational Bankruptcies
w7587 Eitan Goldman
Gary Gorton

The Visible Hand, the Invisible Hand and Efficiency
w7596 Brian J. Hall
Jeffrey B. Liebman

The Taxation of Executive Compensation
w7604 Marianne Bertrand
Sendhil Mullainathan

Do CEOs Set Their Own Pay? The Ones Without Principals Do
w7614 Lucian Arye Bebchuk
Using Options to Divide Value in Corporate Bankruptcy
w7614 Lucian Arye Bebchuk
Using Options to Divide Value in Corporate Bankruptcy
w7209 Charles P. Himmelberg
R. Glenn Hubbard
Darius Palia

Understanding the Determinants of Managerial Ownership and the Link Between Ownership and Performance
w7523 Simon Johnson
Rafael La Porta
Florencio Lopez-de-Silanes
Andrei Shleifer

Tunnelling
w7523 Simon Johnson
Rafael La Porta
Florencio Lopez-de-Silanes
Andrei Shleifer

Tunnelling
1999
w7396 Owen Lamont
Christopher Polk

The Diversification Discount: Cash Flows vs. Returns
w7403 Rafael La Porta
Florencio Lopez-deSilanes
Andrei Shleifer
Robert W. Vishny

Investor Protection and Corporate Valuation
w7403 Rafael La Porta
Florencio Lopez-deSilanes
Andrei Shleifer
Robert W. Vishny

Investor Protection and Corporate Valuation
w7334 Rajesh K. Aggarwal
Andrew A. Samwick

Performance Incentives Within Firms: The Effect of Managerial Responsibility
w7335 Rajesh K. Aggarwal
Andrew A. Samwick

Empire-Builders and Shirkers: Investment, Firm Performance, and Managerial Incentives
w7325 David Ikenberry
Josef Lakonishok
Theo Vermaelen

Stock Repurchases in Canada: Performance and Strategic Trading
w7203 Lucian Arye Bebchuk
A Rent-Protection Theory of Corporate Ownership and Control
w7208 Krishna B. Kumar
Raghuram G. Rajan
Luigi Zingales

What Determines Firm Size?
w7151 Stephen G. Cecchetti
Legal Structure, Financial Structure, and the Monetary Policy Transmission Mechanism
w7123 Gary Gorton
Matthias Kahl

Blockholder Identity, Equity Ownership Structures, and Hostile Takeovers
w7124 John M. Abowd
David S. Kaplan

Executive Compensation: Six Questions that Need Answering
w7085 G. William Schwert
Hostility in Takeovers: In the Eyes of the Beholder?
w6938 Lucian Arye Bebchuk
Marcel Kahan

The 'Lemons Effect' in Corporate Freeze-Outs
w6947 Tor Jakob Klette
Jarle Møen
Zvi Griliches

Do Subsidies to Commercial R&D Reduce Market Failures? Microeconomic Evaluation Studies
w6951 Lucian Bebchuk
Reinier Kraakman
George Triantis

Stock Pyramids, Cross-Ownership, and the Dual Class Equity: The Creation and Agency Costs of Seperating Control from Cash Flow Rights
w6882 Iain Cockburn
Rebecca Henderson
Scott Stern

Balancing Incentives: The Tension Between Basic and Applied Research
1998
w6823 Edward J. Kane
Kimberly DeTrask

Covering Up Trading Losses: Opportunity-Cost Accounting as an Internal Control Mechanism
w6745 Jonathan B. Berk
Richard C. Green
Vasant Naik

Valuation and Return Dynamics of New Ventures
w6678 Jonathan B. Berk
A Simple Approach for Deciding When to Invest
w6634 Rajesh Aggarwal
Andrew A. Samwick

The Other Side of the Tradeoff: The Impact of Risk on Executive Compensation
w6649 Charles W. Calormiris
Berry Wilson

Bank Capital and Portfolio Management: The 1930's Capital Crunch and Scramble to Shed Risk
w6615 James R. Hines Jr.
Investment Ramifications of Distortionary Tax Subsidies
w6625 Rafael La Porta
Florencio Lopez-de-Silane
Andrei Shleifer

Corporate Ownership Around the World
w6625 Rafael La Porta
Florencio Lopez-de-Silane
Andrei Shleifer

Corporate Ownership Around the World
w6550 Clifford G. Holderness
Randall S. Kroszner
Dennis P. Sheehan

Were the Good Old Days That Good? Changes in Managerial Stock Ownership Since the Great Depression
w6550 Clifford G. Holderness
Randall S. Kroszner
Dennis P. Sheehan

Were the Good Old Days That Good? Changes in Managerial Stock Ownership Since the Great Depression
w6561 Stewart C. Myers
Outside Equity Financing
w6490 Lubos Pastor
Robert F. Stambaugh

Costs of Equity Capital and Model Mispricing
w6539 R. Glenn Hubbard
Darius Palia

A Re-Examination of the Conglomerate Merger Wave in the 1960s: An Internal Capital Markets View
w6467 Christine Jolls
Stock Repurchases and Incentive Compensation
w6467 Christine Jolls
Stock Repurchases and Incentive Compensation
w6472 Lucian Arye Bebchuk
Jesse Fried

The Uneasy Case for the Priority of Secured Claims in Bankruptcy: Further Thoughts and a Reply to Critics
w6421 Oliver Hart
John Moore

Cooperatives vs. Outside Ownership
w6352 David S. Scharfstein
The Dark Side of Internal Capital Markets II: Evidence from Diversified Conglomerates
w6352 David S. Scharfstein
The Dark Side of Internal Capital Markets II: Evidence from Diversified Conglomerates
w6368 Raghuram Rajan
Henri Servaes
Luigi Zingales

The Cost of Diversity: The Diversification Discount and Inefficient Investment
1997
w6309 Luigi Zingales
Corporate Governance
w6278 Oliver Hart
Rafael La Porta Drago
Florencio Lopez-de-Silane
John Moore

A New Bankruptcy Procedure that Uses Multiple Auctions
w6210 Owen Lamont
Christopher Polk
Jesus Saa-Requejo

Financial Constraints and Stock Returns
w6224 Gordon M. Bodnar
Charles Tang
Joseph Weintrop

Both Sides of Corporate Diversification: The Value Impacts of Geographic and Industrial Diversification
w6172 Fumio Hayashi
The Main Bank System and Corporate Investment: An Empirical Reassessment
w6068 Assem Safieddine
Sheridan Titman

Debt and Corporate Performance: Evidence from Unsuccessful Takeovers
w6068 Assem Safieddine
Sheridan Titman

Debt and Corporate Performance: Evidence from Unsuccessful Takeovers
w5996 R. Glenn Hubbard
Capital-Market Imperfections and Investment
w5961 Owen Lamont
Jeremy C. Stein

Leverage and House-Price Dynamics in U.S. Cities
w5902 David F. Bradford
Kyle D. Logue

The Influence of Income Tax Rules on Insurance Reserves
w5907 Oliver Hart
John Moore

Default and Renegotiation: A Dynamic Model of Debt
1996
w5779 Gary Gorton
Bruce D. Grundy

Executive Compensation and the Optimality of Managerial Entrenchment
w5648 Rajesh Aggarwal
Andrew A. Samwick

Executive Compensation, Strategic Competition, and Relative Performance Evaluation: Theory and Evidence
w5682 B. Douglas Bernheim
Lee Redding

Optimal Money Burning: Theory and Application to Corporate Dividend Policy
w5602 Mitchell A. Petersen
Raghuram G. Rajan

Trade Credit: Theories and Evidence
w5498 Sudipto Dasgupta
Sheridan Titman

Pricing Strategy and Financial Policy
w5498 Sudipto Dasgupta
Sheridan Titman

Pricing Strategy and Financial Policy
w5499 Owen Lamont
Cash Flow and Investment: Evidence from Internal Capital Markets
w5462 Steven M. Fazzari
R. Glenn Hubbard
Bruce C. Petersen

Financing Constraints and Corporate Investment: Response to Kaplan and Zingales
1995
w5233 James Dow
Gary Gorton

Stock Market Efficiency and Economic Efficiency: Is There a Connection?
w5143 Stewart C. Myers
Raghuram G. Rajan

The Paradox of Liquidity
w5079 R. Glenn Hubbard
Darius Palia

Benefits of Control, Managerial Ownership, and the Stock Returns of Acquiring Firms
1994
w4976 Paul L. Joskow
Nancy L. Rose

CEO Pay and Firm Performance: Dynamics, Asymmetries, and Alternative Performance Measures
w4875 Raghuram G. Rajan
Luigi Zingales

What Do We Know About Capital Structure? Some Evidence from International Data
w4704 R. Glenn Hubbard
Darius Palia

Executive Pay and Performance: Evidence from the U.S. Banking Industry
w4722 Lakshmi Shyam-Sunder
Stewart C. Myers

Testing Static Trade-off Against Pecking Order Models of Capital Structure
w4723 Nancy L. Rose
Andrea Shepard

Firm Diversification and CEO Compensation: Managerial Ability or Executive Entrenchment?
1993
w4421 Takeo Hoshi
Anil Kashyap
David Scharfstein

The Choice Between Public and Private Debt: An Analysis of Post-Deregulation Corporate Financing in Japan
w4392 R. Glenn Hubbard
Anil K Kashyap
Toni M. Whited

Internal Finance and Firm Investment
w4316 Robert Comment
G. William Schwert

Poison or Placebo? Evidence on the Deterrent and Wealth Effects of Modern Antitakeover Measures
w4316 Robert Comment
G. William Schwert

Poison or Placebo? Evidence on the Deterrent and Wealth Effects of Modern Antitakeover Measures
w4288 Charles W. Calomiris
R. Glenn Hubbard

Internal Finance and Investment: Evidence from the Undistributed Profits Tax of 1936-1937
w4309 Jeffrey I. Bernstein
M. Ishaq Nadiri

Production, Financial Structure and Productivity Growth in U.S. Manufacturing
1992
w4244 B. Douglas Bernheim
Adam Wantz

A Tax-Based Test of the Dividend Signaling Hypothesis
w4175 Robert S. Pindyck
Investments of Uncertain Cost
w4092 Frank R. Lichtenberg
George. M Pushner

Ownership Structure and Corporate Performance in Japan
w4096 Bronwyn H. Hall
Investment and Research and Development at the Firm Level: Does the Source of Financing Matter?
w4101 David Neumark
Steven A. Sharpe

Hostile Takeovers and Expropriation of Extramarginal Wages: A Test
w4084 Kenneth A. Froot
David S. Scharfstein
Jeremy C. Stein

Risk Management: Coordinating Corporate Investment and Financing Policies
w4084 Kenneth A. Froot
David S. Scharfstein
Jeremy C. Stein

Risk Management: Coordinating Corporate Investment and Financing Policies
1991
w3942 Paul Asquith
Robert Gertner
David Scharfstein

Anatomy of Financial Distress: An Examination of Junk-Bond Issuers
w3942 Paul Asquith
Robert Gertner
David Scharfstein

Anatomy of Financial Distress: An Examination of Junk-Bond Issuers
w3906 Oliver Hart
John Moore

A Theory of Debt Based on the Inalienability of Human Capital
w3906 Oliver Hart
John Moore

A Theory of Debt Based on the Inalienability of Human Capital
w3873 Bruce N. Lehmann
Asset Pricing and Intrinsic Values: A Review Essay
w3798 Francois Degeorge
Richard Zeckhauser

Information Handling and Firm Performance: Evidence from Reverse LBOs
w3781 Jeffrey K. MacKie-Mason
Roger H. Gordon

How Much Do Taxes Discourage Incorporation.
w3794 Bronwyn H. Hall
Corporate Restructuring and Investment Horizons
w3730 James R. Hines Jr.
Dividends and Profits: Some Unsubtle Foreign Influences

Generated on Sat Dec 3 00:00:02 2016

 
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