DP4706 Is There a Political Support for the Double Burden on Prolonged Activity?
Author(s):Pierre Pestieau, Helmuth Cremer and Georges Casamatta
Publication Date: 23/10/2004

DP4521 The Real Effects of the Euro: Evidence from Corporate Investments
Author(s):Arturo Bris, Yrjö Koskinen and Mattias Nilsson
Publication Date: 23/08/2004

DP4286 Universal Banks and Relationships with Firms
Author(s):Jan Pieter Krahnen and Ralf Elsas
Publication Date: 23/03/2004

DP4287 Multiple Lenders and Corporate Distress: Evidence on Debt Restructuring
Author(s):Jan Pieter Krahnen and Antje Brunner
Publication Date: 23/03/2004

DP4239 A New Test of Capital Structure
Author(s):Colin Mayer and Oren Sussman
Publication Date: 23/02/2004

DP4180 Confidence Building on Euro Conversion: Theory and Evidence from Currency Options
Author(s):Enrico C Perotti and Joost Driessen
Publication Date: 23/01/2004

DP4181 Stakeholders, Transparency and Capital Structure
Author(s):Javier Suarez, Sheridan Titman and Andres Almazan
Publication Date: 23/01/2004

DP4182 Awareness and Stock Market Participation
Author(s):Luigi Guiso and Tullio Jappelli
Publication Date: 23/01/2004

DP4148 Multinational Bank Regulation with Deposit Insurance and Diversification Effects
Author(s):Alan Morrison and Gyöngyi Lóránth
Publication Date: 23/12/2003

DP4163 Conflicts of Interest and Efficient Contracting in IPOs
Author(s):Alexander P Ljungqvist
Publication Date: 23/12/2003

DP3996 Credit, Wages and Bankruptcy Laws
Author(s):Bruno Biais and Thomas Mariotti
Publication Date: 23/08/2003

DP4017 Investor Protection and Equity-Holdings: An Explanation of Two Puzzles?
Author(s):Yrjö Koskinen and Mariassunta Giannetti
Publication Date: 23/08/2003

DP3910 The Euro is Good After All: Evidence from Corporate Valuations
Author(s):Arturo Bris, Yrjö Koskinen and Mattias Nilsson
Publication Date: 25/05/2003

DP3914 The Political Economy of Bank and Equity Dominance
Author(s):Ernst-Ludwig von Thadden and Enrico C Perotti
Publication Date: 23/05/2003

DP3915 Financial Distress and Bank Restructuring of Small to Medium Size UK Companies
Author(s):Julian R Franks and Oren Sussman
Publication Date: 23/05/2003

DP3822 The Origination and Evolution of Ownership and Control
Author(s):Julian R Franks, Colin Mayer and Stefano Rossi
Publication Date: 23/03/2003

DP3476 The Great Divide and Beyond - Financial Architecture in Transition
Author(s):Patrick Bolton and Erik Berglöf
Publication Date: 20/02/2003

DP3721 Capital Requirements, Market Power and Risk-Taking in Banking
Author(s):Rafael Repullo
Publication Date: 23/01/2003

DP3644 Bids and Allocations in European IPO Bookbuilding
Author(s):Tim Jenkinson and Howard Jones
Publication Date: 20/11/2002

DP3649 Managers, Workers and Corporate Control
Author(s):Marco Pagano and Paolo Volpin
Publication Date: 20/11/2002

DP3610 Fighting for Talent: Risk-Shifting, Corporate Volatility, and Organizational Change
Author(s):Guido Friebel and Mariassunta Giannetti
Publication Date: 20/10/2002

DP3536 In-Kind Finance
Author(s):Tore Ellingsen and Mike Burkart
Publication Date: 20/09/2002

DP3457 An Analysis of Shareholder Agreements
Author(s):Alexander P Ljungqvist, Gilles Chemla and Michel Antoine Habib
Publication Date: 20/07/2002

DP3462 Venture Capital Meets Contract Theory: Risky Claims or Formal Control?
Author(s):Giacinta Cestone
Publication Date: 20/07/2002

DP3340 Sources of Funds and Investment Activities of Venture Capital Funds: Evidence from Germany, Israel, Japan and the UK
Author(s):Colin Mayer, Yishay Yafeh and Koen Schoors
Publication Date: 20/04/2002

DP3347 Courts and Banks: Effects of Judicial Enforcement on Credit Markets
Author(s):Marco Pagano, Tullio Jappelli and Magda Bianco
Publication Date: 20/04/2002

DP3295 Financial Development, Property Rights and Growth
Author(s):Stijn Claessens and Luc Laeven
Publication Date: 12/04/2002

DP3229 Governance with Poor Investor Protection: Evidence from Top Executive Turnover in Italy
Author(s):Paolo Volpin
Publication Date: 20/02/2002

DP3231 The Political Economy of Finance
Author(s):Marco Pagano and Paolo Volpin
Publication Date: 20/02/2002

DP3234 Family Firms
Author(s):Andrei Shleifer, Fausto Panunzi and Mike Burkart
Publication Date: 20/02/2002

DP3076 Screening Risk Averse Agents Under Moral Hazard
Author(s):Bruno Jullien, François Salanié and Bernard Salanié
Publication Date: 31/10/2001

DP3030 Corporate Debt Restructuring: Evidence on Lending Coordination in Financial Distress
Author(s):Jan Pieter Krahnen and Antje Brunner
Publication Date: 23/10/2001

DP2988 Evidence of Information Spillovers in the Production of Investment Banking Services
Author(s):Alexander P Ljungqvist, Lawrence M Benveniste, William J Wilhelm Jr and Xiaoyun Yu
Publication Date: 10/10/2001

DP2949 Who Disciplines Management in Poorly Performing Companies?
Author(s):Julian R Franks, Colin Mayer and Luc Renneboog
Publication Date: 22/09/2001

DP2933 Last Bank Standing: What Do I Gain if You Fail?
Author(s):Enrico C Perotti and Javier Suarez
Publication Date: 29/08/2001

DP2892 Corporate Finance and the Monetary Transmission Mechanism
Author(s):Xavier Freixas and Patrick Bolton
Publication Date: 26/07/2001

DP2898 Ownership and Control of German Corporations
Author(s):Julian R Franks and Colin Mayer
Publication Date: 23/07/2001

DP2733 Outside Finance, Dominant Investors and Strategic Transparency
Author(s):Ernst-Ludwig von Thadden and Enrico C Perotti
Publication Date: 27/03/2001

DP2708 Agency Conflicts, Ownership Concentration, and Legal Shareholder Protection
Author(s):Fausto Panunzi and Mike Burkart
Publication Date: 27/02/2001

DP2682 The Political Economy of Corporate Governance
Author(s):Marco Pagano and Paolo Volpin
Publication Date: 30/01/2001

Becht, Marco (ECARES), Patrick Bolton (Princeton) and Ailsa Roëll (Princeton) 2000, "Corporate Governance and Control", Literature survey prepared for the Handbook of the Economics of Finance, edited by George Constantinides, Milton Harris and René Stulz, North-Holland, forthcoming 2002

Berglöf, E. (SITE), and Howard Rosenthal (Princeton), 2000, "The Political Economy of American Bankruptcy: Evidence from Roll Call Voting, 1800-1978," mimeo, Princeton University (presented at the Understanding Financial Architecture Conference "The Political Economy of Financial Architecture).

Berglöf, E. (SITE), and P. Bolton (Princeton), 2001, "The Great Divide – Financial Architecture in Transition," Journal of Economic Perspectives.

Berglöf, E. (SITE), Gerard Roland (ECARES) and Ernst-Ludwig von Thadden (CEPR), 2000, "An Incomplete Contracting Theory of Debt and Bankruptcy," mimeo, Stockholm School of Economics (presented at the European Economic Association in Lausanne in August 2001).

Berglöf, E. (SITE), Howard Rosenthal (Princeton) and Ernst-Ludwig von Thadden (CEPR), 2001, "The Formation of Legal Institutions for Bankruptcy: A Comparative Study of the Legislative History." Background paper for the World Development Report, The World Bank.

Biais, Bruno (IDEI) and Marco Pagano (Salerno) Financial Market Reader, edited by, Oxford University Press, 2001.

Franks, J. (CEPR) and Mayer, C (Oxford), 2001, "Ownership and Control of German Corporations", Review of Financial Studies.

Franks, J (CEPR) and Mayer, C (Oxford), 2001, "Who Disciplines Poorly Performing Management", Journal of Financial Intermediation.

Pagano, Marco (Salerno), Michael Manove and Jorge Padilla (both CEMFI), 2001 "Collateral vs. Project Screening: A Model of Lazy Banks", CSEF Working Paper No. 10, and CEPR Discussion Paper No. 2439, September 1998, forthcoming in the RAND Journal of Economics.

Pagano, Marco (Salerno), "What Makes Stock Exchanges Succeed? Evidence from Cross-Listing Decisions," with Ailsa Röell (Princeton), Otto Randl and Josef Zechner, European Economic Review, 45, May 2001.

Pagano, Marco (Salerno), "Sharing Default Information as a Borrower Discipline Device" (with Jorge Padilla, CEMFI), European Economic Review, 44, December 2000.

Perotti, Enrico C. (Amsterdam/CEPR) and Javier Suarez (CEMFI), "Last bank standing: What do I gain if you fail?", CEPR Discussion Paper No. 2933, August 2001.

Wymeersch, Eddy (ECARES) 2001, The Use of ICT in Company Law Matters. (Working Paper 2000-11). To be published in: Guido Ferrarini (Salerno) (Ed.), Capital Markets in the age of the Euro.

Agnblad, J., E. Berglöf (SITE), P. Högfeldt and J. Svancar, 2001, "Ownership and Control in Sweden: Strong Controlling Owners, Weak Minorities, Social Control," in Barca and Becht (eds.) The Control of Corporate Europe. Oxford University Press forthcoming.

Almazan, Andres and Javier Suarez (CEMFI), "Managerial compensation and the market reaction to bank loans", forthcoming in the Review of Financial Studies. Also in CEMFI Working Paper No. 0103, January 2001.

Almazan, Andres and Javier Suarez (CEMFI), "Entrenchment and severance pay in optimal corporate governance structures", forthcoming in the Journal of Finance.

Ambec, Stefan (Salerno, Young Researcher), Organizational Design of R&D Activities (with Michel Poitevin, University of Montreal), CSEF Working Paper no. 60, June 2001. Paper presented at the CEPR workshop on "The Firm and Its Stakeholders: The Evolving Role of Corporate Finance" (Courmayeur, Italy, 23-25 March 2001) and submitted to the RAND Journal of Economics.

Ambec , Stefan (Salerno, Young Researcher) "A Theoretical Foundation of the Porter Hypothesis" (with Philippe Barla, Laval University), CSEF Working Paper n. 54, February 2001. Submitted to Economics Letters.

Ambec, Stefan (Salerno, Young Researcher), "Allocation of control rights in venture capital contracts", Università di Salerno, 2001, mimeo.

Ambec, Stefan (Salerno, Young Researcher), "Financing Start-ups: Advising vs. Competing", CSEF Working Paper n. 64, July 2001.

Ambec, Stefan (Salerno, Young Researcher) "Asymmetries of information in electronic systems" (with Riccardo Calcagno, Tilburg university), CSEF Working Paper n. 63, July 2001.

Becht, Marco (ECARES) and Ekkehart Boehmer (2001), "Voting Control in German Corporations", International Review of Law and Economics, forthcoming.

Berglöf, Erik (SITE), 2000, "Corporate Restructuring in Transition – What Have We Learned?" in Backé (ed.), Completing Transition – The Challenges Ahead.

Brunner, Antje and Jan Krahnen (CFS), "Corporate debt restructuring: Evidence on lender coordination in financial distress", CEPR Working Paper, October 2001.

Burkart , Mike (SITE) and Tore Ellingsen, "A Liquidity-based Theory of Trade Finance", presented at the European Summer Symposium on Financial Markets in Gerzensee (ESSFM 2001).

Burkart, Mike (SITE), 2001, "Agency conflicts, Ownership Concentration, and Legal Shareholder Protection", co-authored by Fausto Panunzi. The paper was presented at the network workshop in Frankfurt

Elsas, Ralf (CFS), Löffler, Yvonne, 2001, "Equity-Carve-Outs and Corporate Control in Germany", Goethe-Universität Working Paper, Frankfurt.

Fabbri, Daniela (CSEF, Young Researcher), 2001, "The Legal Enforcement of Credit Contracts and the Level of Investment", CSEF Working Paper no. 57, April 2001.

Fabbri, Daniela (CSEF, Young Researcher), "Judicial Costs and Household Debt" (with Mario Padula, CSEF), paper presented at the Conference on "Courts, Banks and Firms" (Naples 11 May 2001), organised by CSEF jointly with Università di Napoli Federico II, Università Commerciale "Luigi Bocconi", and Università di Sassari, with financial support of the Italian Ministry for Universities and Scientific Research (MURST).

Franzke, Stefanie A. (CFS), "Underpricing of Venture-Backed and Non Venture-Backed IPOs: Germany’s Neuer Markt", CFS-Working Paper, No. 2001/01.

Frei-hube, Thorsten, Jan Krahnen and Erik Theissen (CFS), "Market Structure, Intermediation, and Liquidity"; Goethe Universität-Working Paper, October 2001.

Giannetti, Mariassunta (SITE, Young Researcher), 2001, "Do better Institutions mitigate agency problems? Evidence from corporate finance choices".

Giannetti, Mariassunta (SITE, Young Researcher), 2001, "Risk sharing and the growth of firms".

Giannetti, Mariassunta SITE, Young Researcher), 2001, "Bank-firm relationships and contagious banking crises", forthcoming in Journal of Money Credit and Banking.

Giannetti, Mariassunta, (SITE, Young Researcher), 2001, "On the causes of Overlending: Are guarantees on deposits the culprit?".

Gutiérrez, María (CEMFI), "A contractual approach to the regulation of corporate directors’ fiduciary duties", CEMFI Working Paper No. 0013, October 2000.

Gutiérrez, María (CEMFI), "An economic analysis of corporate directors’ fiduciary duties", CEMFI Working Paper No. 0014, October 2000.

Hansmann, Henry (Yale), 2000, "The Essential Role of Organizational Law", 110 Yale L. J. 387 (2000) (coauthored with Reinier Kraakman).

Hansmann, Henry (Yale), 2001, "The End of History for Corporate Law", 89 Georgetown L. J. 439 (co-authored with Reinier Kraakman).

Hansmann, Henry (Yale), 2001,"Royalties for Artists Versus Royalties for Authors and Composers", 25 Journal of Cultural Economics 259-81 (co-authored with Marina Santilli).

Hansmann, Henry (Yale), 2001, "A Reform Agenda for the Law of Nonprofit Organizations", in Klaus Hopt & Dieter Reuter, eds., Stiftungsrecht in Europa, 241-72 (Carl Heymanns Verlag, 2001).

Koskinen, Y. (SITE),"Corporate Financial Policies and Performance Prior to Currency Crises", (joint with Arturo Bris and Vicente Pons, both from Yale).

Krahnen, Jan (CFS) and Martin Weber, 2001, "Generally Accepted Rating Principles: A Primer, Journal of Banking and Finance, 25, pp. 2-24.

Kehr, Carl-Heinrich and Jan Krahnen (CFS), Erik Theissen, 2001, "The anatomy of call market", Journal of Financial Intermediation, forthcoming.

Krahnen, Jan (CFS), Martin Weber, 2001, "Market-making in the laboratory: Does competition matter?", Experimental Economics 4: 55-85.

Mayer, Colin (Oxford), "Regulatory Principles and the Financial Services and Markets Act", Oxford Financial Research Centre Working Paper No. 2001-FE-09.

Mayer, Colin (Oxford), "Institutional Investment and Private Equity in the UK", Oxford Financial Research Centre Working Paper No. 2001-FE-10.

Menichini, Annamaria, 2001, "The Role of Bargaining Initiative under No Commitment to Audit", Scottish Journal of Political Economy, 48 (3), August 2001.

Menichini, Annamaria, 2000, "Multiple Auditors", work in progress.

Nowak, Erik (CFS), "Corporate Control Changes and Dual Class Share IPOs in a World of Private Benefits" (with Olaf Ehrhardt), Working Paper, March 2001.

Nowak, Eric (CFS), "Venture Capital, Underwriter Reputation, and the Expiration of Mandatory and Voluntary IPO Lock-up Provisions - Evidence from Germany’s Neuer Markt", (with Alexandra Gropp), April 2001.

Nowak, Erik (CFS), "Ist der Ablauf der Lock-up Frist bei Neuemissionen ein kursrelevantes Ereignis? Eine empirische Analyse von Unternehmen des Neuen Marktes", (with Alexandra Gropp), Schmalenbachs Zeitschrift für betriebswirtschaftliche Forschung (zfbf), Vol. 54, 1/2002, forthcoming.

Nowak, Erik (CFS), "The Effect of IPOs on German Family-Owned Firms: Governance Changes, Ownership Structure, and Performance" (with Olaf Ehrhardt), Journal of Small Business Management, 2001, conditionally accepted.

Pagano, Marco (Salerno) and Paolo Volpin (LBS) (2001) "The Political Economy of Finance" (with Paolo Volpin), June 2001, forthcoming in the Oxford Economic Policy Review.Pagano, Marco (Salerno), "Information Sharing, Lending and Defaults: Cross-Country Evidence" (with Tullio Jappelli, Salerno/CEPR), revised version of the paper "Information Sharing in Credit Markets: International Evidence," CSEF Working Paper No. 22, and CEPR Discussion Paper No 2184, May 1999, forthcoming in the Journal of Banking and Finance.

Pagano, Marco (Salerno), "Defusing Default: Incentives and Institutions", edited by Marco Pagano, Johns Hopkins University Press, 2001.

Pagano, Marco (Salerno), "Law and Equity Markets: A Simple Model" (with Davide Lombardo), CSEF Working Paper No. 25, October 1999, and CEPR Discussion Paper No. 2276, November 1999, forthcoming in Con vergence and diversity of corporate governance regimes and capital markets, edited by Luc Renneboog, Joe McCahery, Pieter Moerland and Theo Raaijmakers, Oxford University Press.

Pagano, Marco (Salerno), "The Performance of European Stock Exchanges: Evidence from Listing Decisions," forthcoming in Capital Markets in the Age of the Euro, edited by Guido Ferrarini, Kluwer International.

Pagano, Marco (Salerno), "Information Sharing in Credit Markets: Theory and Evidence" (with Tullio Jappelli, Salerno/CEPR), forthcoming in Defusing Default: Incentives and Institutions, edited by Marco Pagano, Johns Hopkins University Press.

Pagano, Marco (Salerno), "Courts and Banks: Effects of Judicial Enforcement on Credit Markets" (with Tullio Jappelli, Salerno/CEPR), CSEF Working Paper No. 36, June 2001.

Pagano, Marco (Salerno), "Workers, Managers, and Corporate Rents" (with Paolo Volpin), July 2001.

Repullo, Rafael (CEMFI), "A model of takeovers of foreign banks", CEMFI Working Paper No. 0015, October 2000 and Spanish Economic Review, Vol 3 (2001), pp. 1-21.

Romano, Roberta (Yale), "Less is More: Making Institutional Investor Activism a Valuable Mechanism of Corporate Governance", Yale Journal on Regulation 174 (2001); a slightly different version will be published in J. McCahery and L. Reeneboog, eds., Convergence and Diversity in Corporate Governance Regimes and Capital Markets, Oxford University Press, forthcoming.

Romano, Roberta (Yale), "The Need for Competition in International Securities Regulation", in Two Theoretical Inquiries in Law 387, (2001).

Romano, Roberta (Yale), "The Advantage of Competitive Federalism for Securities Regulation", AEI Press, forthcoming 2001.

Romano, Roberta (Yale), with Sanjai Bhagat, "Event Studies and the Law – Parts I and II", American Law and Economics Review, forthcoming 2002.

Schmidt, Reinhard H., (CFS), 2000, "Komplementarität und Finanzsystem" ‘Complementarity and Financial System’), Finance and Accounting Working Paper No. 45, University Frankfurt/M, March 2000, 40 pp. Forthcoming in Kredit und Kapital, Beiheft 15 "Neue finanzielle Arrangements: Märkte im Umbruch", 2000 (co-authored with Andreas Hackethal).

Wymeersch, Eddy (ECARES) 2001, Some Recent Trends and Developments in Company Law. (WP 2001-07).

Wymeersch, Eddy (ECARES) 2001, Company Law in Europe and European Company Law.(WP 2001-06).

Wymeersch, Eddy 2001 (ECARES), Current Company Law Reform Initiatives in the OECD Countries- Challenges and Opportunities (Working Paper 2001-04).

Wymeersch, Eddy (ECARES) 2000, The Harmonisation of Securities Regulation in Europe in the New Trading Environment. (Working Paper 2000-16).

Wymeersch, Eddy (ECARES), Financial Institutions as Members of Company Groups in the Law of the European Union. (Working Paper 2000-08). forthcoming in Festschrift Marcus Lutter, Bonn, 2000.

von Thadden, Ernst-Ludwig (Lausanne/CEPR) and Enrico Perotti (Amsterdam/CEPR), "Investor Dominance and Strategic Transparency: On the Role of Corporate Governance for Product and Capital Market Competition", forthcoming in Convergence and diversity of corporate governance regimes and capital markets, edited by Luc Renneboog, Joe McCahery, Pieter Moerland and Theo Raaijmakers, Oxford University Press.

von Thadden, Ernst-Ludwig (Lausanne/CEPR) and Enrico Perotti (Amsterdam, CEPR), "Dominant Investors and Strategic Transparency", manuscript, January 2001.