Private Benefits and Corporate Investment and Financing Decisions: The Case of Corporate Philanthropy
What is the (opportunity) cost of private benefits of control?
Financing
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May the Force be With You: Investor Power and Company Valuations
Large investors often have market power in private equity markets, such as in venture capital, growth capital, or private placements.
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Initial Coin Offerings: Financing Growth with Cryptocurrency Token Sales
Initial coin offerings (ICOs) may be a significant innovation in entrepreneurial finance.
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Finance and investment: Europe’s lost decade
The financial crisis of 2008 and the ensuing sovereign debt crises of 2010 to 2012 had devastating consequences for European economies, n
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Why Do Family Business Groups Expand by Creating New Public Firms? The Role of Internal Capital Markets
In public equity markets around the world, corporations pursue distinctly different approaches to funding investment opportunities w
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