The separation of control and ownership ? the ability of a small group effectively to control a company though holding a minority of its cash flow rights ?...
More and more companies appear with strange abbreviations behind their business name. Consider Chrysler Group LLC (instead of Inc.) or LVMH Montres and...
Using the staggered adoption of US state-level Paid Family Leave (PFL) acts, we find that lowering labor market frictions for female workers leads to...
We examine the effects of a law amendment in Israel in 2011 that imposes a set of minimum corporate governance standards on privately held firms that issue...
In this paper, we examine the relation between innovation and a firm's financial dependence using a sample of privately-held and publicly-traded U.S....
We find that ownership changes much less over time in private firms than in public firms. The average largest shareholder in private (public) Norwegian...