This paper develops a unified framework to synthesize the growing stream of positive
research on the role of individual decision makers in sha** observed accounting …

A Survey of Corporate Governance - Shleifer - 1997 - The Journal of Finance - Wiley Online
Library Skip to Article Content Skip to Article Information Wiley Online Library Wiley Online …

We use supervisory loan-level data to document that small firms (SMEs) obtain shorter
maturity credit lines than large firms, post more collateral, have higher utilization rates, and …

Macro-finance analyses commonly link firms' borrowing constraints to the liquidation value
of physical assets. For US nonfinancial firms, we show that 20% of debt by value is based on …

The increasing pervasiveness of technology-driven firms that offer financial services has led
to growing pressure on traditional banks to modernize their core business activities and …

This paper develops a theory of financing of entrepreneurial ventures via crypto tokens,
which is not limited to platform-based ventures. We compare token financing with traditional …

The world's largest companies in 2019 by market capitalization-Apple, Alphabet, Microsoft,
and Amazon-all began as venture-backed startups.'They defied existing theory by growing …

The work on incomplete contracts cited by the prize committee began in the summer of
1983, but it may be useful to say a bit about how I reached that point. As a graduate student …

We review recent literature on the role of financial reporting transparency in reducing
governance-related agency conflicts among managers, directors, and shareholders, as well …

We investigate the determinants of capital structure choice by analyzing the financing
decisions of public firms in the major industrialized countries. At an aggregate level, firm …