US corporate law and, in particular, Delaware law, which leaves ample room to freedom of contract, has been one of the reasons for the successful creation...
In order to identify the relevant sources of firms' financing constraints, we ask what financial frictions matter for corporate policies. To that end,...
We use equity crowdfunding data to ask how fundraising amounts can be explained by what entrepreneurs ask for, versus what investors want to invest. The...
In this paper, we investigate whether reform of EU company law is needed to make corporate governance more sustainable through an analysis of some of the...
Informal finance is often believed to be expensive and in limited supply. But most informal investors -- family and friends -- offer funds cheaply; and...