Working Paper


The Threat of Intervention

One of the fundamental issues in modern corporate finance is the problem of separation of firm ownership from control. The gap between management...Read more

Vyacheslav Fos
Charles Kahn
27 May 2019

Shareholder Conflicts and Dividends

Controlling shareholders may feel tempted to capture benefits for themselves at other shareholders’ expense. For instance, the majority...Read more

Janis Berzins
Øyvind Bøhren
Bogdan Stacescu
06 October 2017

A Theory of Financial Media

In this paper we aim to better understand the economic role of financial journalists. Although there is a growing body of empirical research...Read more

Eitan Goldman
Jordan Martel
Jan Schneemeier
25 March 2020