We document a novel strategic motive for family business groups to utilize their internal capital markets (ICMs) during financial crises. We find that...
This article examines the post-financial crisis trends in the private equity industry. Although most research has followed the pre-crisis trends, we...
Inadequate regulation of the financial system is widely thought to have contributed to the financial crisis. The purpose of the book is to articulate a...
In this essay, we propose a principled approach for government bailouts of critical/systemic firms who find themselves in COVID-19-induced financial...