We examine the current state of the American public corporation and how it has evolved over the last forty years. There are fewer public corporations now...
This paper develops a theory of the joint allocation of control and cash-flow rights in venture capital deals. When the need for VC advice and support...
This study documents how group trademarks, comprising the business group’s name and logo, can be used for the benefit of controlling families at the...
This paper examines how executive pay is set when a firm is a business group member. Using Korea as a laboratory setting, we find that member firm?s cash...
In this paper we revisit a classic idea in finance and economics, namely the hypothesis that dividend changes convey information about firms’...Read more
A trademark is a type of intellectual property comprising a recognizable word, phrase, symbol, and/or design that distinguishes products or...Read more