Culture Political Connections Cause Resource Misallocation: Evidence from the Fall of Fascism in Italy The fall of fascism in Italy in 1943-1944 was followed by the issuance of laws and decrees that made former fascist politicians ineligible for political... Read more Mara FaccioJohn J. McConnell 20 November 2023 Go To Working Paper Read Share Pocket Facebook Twitter LinkedIn Email Copy URL Download More of this topic More of this author
Capital Does Market Timing or Past Profitability Determine Capital Structure? Read more 01 July 2004 Go To Working Paper Read Share Pocket Facebook Twitter LinkedIn Email Copy URL Download More of this topic More of this author
Political Economy Political Connections and Preferential Access to Finance: The Role of Campaign Contributions Using novel indicators of political connections constructed from campaign contribution data, we show that Brazilian firms that provided... Read more Stijn ClaessensErik FeyenLuc Laeven 01 June 2007 Go To Working Paper Read Share Pocket Facebook Twitter LinkedIn Email Copy URL Download More of this topic More of this author
Cross-listing Equity Cross-Listings in the U.S. and the Price of Debt Read more Luzi Hail 01 January 2010 Go To Working Paper Read Share Pocket Facebook Twitter LinkedIn Email Copy URL Download More of this topic More of this author
Insider Trading Insider Trading and Financing Constraints Insider trading may alleviate financing constraints by conveying value-relevant information to the market (the information effect) or may... Read more Marc Goergen 01 June 2013 Go To Working Paper Read Share Pocket Facebook Twitter LinkedIn Email Copy URL Download More of this topic More of this author
Ownership Taxes, Ownership and Capital Structure This paper studies the ownership connection between two units that share a common controlling entity. Our results generate diverse organizations,... Read more Giovanna Nicodano 01 October 2015 Go To Working Paper Read Share Pocket Facebook Twitter LinkedIn Email Copy URL Download More of this topic More of this author
Innovation The Promise and Perils of Crowdfunding: Between Corporate Finance and Consumer Contracts ‘Crowdfunding’ — raising capital through large numbers of small contributions — is a burgeoning phenomenon, spurred by the internet’s... Read more John ArmourLuca Enriques 18 September 2017 Go To Working Paper Read Share Pocket Facebook Twitter LinkedIn Email Copy URL Download More of this topic More of this author
Capital Revealed Preferences for Corporate Leverage Read more 01 December 2003 Go To Working Paper Read Share Pocket Facebook Twitter LinkedIn Email Copy URL Download More of this topic More of this author
Capital Market Liquidity, Investor Participation and Managerial Autonomy: Why do Firms go Private? Read more Anjan Thakor 01 October 2005 Go To Working Paper Read Share Pocket Facebook Twitter LinkedIn Email Copy URL Download More of this topic More of this author
Capital Debt, Equity, and Hybrid Decoupling: Governance and Systemic Risk Implications We extend here our prior work, which focused on equity decoupling (Hu and Black, 2006, 2007, 2008), by providing a systematic treatment of debt... Read more Bernard Black 01 January 2008 Go To Working Paper Read Share Pocket Facebook Twitter LinkedIn Email Copy URL Download More of this topic More of this author
Tax Transparency, Tax Pressure and Access to Finance In choosing transparency, firms must trade off the benefits from better access to finance against the cost of a greater tax burden. We study this... Read more Andrew EllulTullio JappelliMarco PaganoFausto Panunzi 01 April 2012 Go To Working Paper Read Share Pocket Facebook Twitter LinkedIn Email Copy URL Download More of this topic More of this author
Regulation The Empty Call for Benefit-Cost Analysis in Financial Regulation ?Benefit-cost analysis? as applied to financial regulation is a serious category mistake that has the potential to stymie regulation aimed at the... Read more Jeffrey Gordon 01 January 2014 Go To Working Paper Read Share Pocket Facebook Twitter LinkedIn Email Copy URL Download More of this topic More of this author