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...
In this essay, we propose a principled approach for government bailouts of critical/systemic firms who find themselves in COVID-19-induced financial...
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...