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Foreign ownership, bank information environments, and the international mobility of corporate governance
16 references·1 citing·34 second hop
Foreign ownership, bank information environments, and the international mobility of corporate governance (2019)Foreign ownership, bank information envir…The Colonial Origins of Comparative Development: An Empirical Investigation: Reply (2012)The Colonial Origins of Compa…The law and economics of self-dealing (2008)The law and economics of self…Enjoying the Quiet Life? Corporate Governance and Managerial Preferences (2003)Enjoying the Quiet Life? Corp…The Colonial Origins of Comparative Development: An Empirical Investigation (2001)The Colonial Origins of Compa…Information asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature (2001)Information asymmetry, corpor…Why do Some Countries Produce So Much More Output Per Worker than Others? (1999)Why do Some Countries Produce…Law and Finance (1998)Law and FinanceInitial conditions and moment restrictions in dynamic panel data models (1998)Initial conditions and moment…An Empirical Analysis of the Relation between the Board of Director Composition and Financial Statement Fraud (1997)An Empirical Analysis of the …Causes and Consequences of Earnings Manipulation: An Analysis of Firms Subject to Enforcement Actions by the SEC* (1996)Causes and Consequences of Ea…Initial conditions and moment restrictions in dynamic panel data models (1995)Initial conditions and moment…Another look at the instrumental variable estimation of error-components models (1995)Another look at the instrumen…Increasing Returns and Economic Geography (1990)Increasing Returns and Econom…Limited-dependent and qualitative variables in econometrics (1983)Limited-dependent and qualita…Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Theory of the firm: Manageria…Risk, Return, and Equilibrium: Empirical Tests (1973)Risk, Return, and Equilibrium…State fragility and informal entrepreneurship: The moderating effects of human capital under varying temporal orientations (2022)State fragility and informal …Increasing Returns and Long-Run Growth (1986)On the mechanics of economic development (1988)Competing Technologies, Increasing Returns, and Lock-In by Historical Events (1989)Home Bias at Home: Local Equity Preference in Domestic Portfolios (1999)Related Variety, Unrelated Variety and Regional Economic Growth (2007)The Growth of Low-Skill Service Jobs and the Polarization of the US Labor Market (2013)Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations (1991)Econometric Analysis of Cross Section and Panel Data (2001)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)The Behavior of Stock-Market Prices (1965)THE VALUATION OF RISK ASSETS AND THE SELECTION OF RISKY INVESTMENTS IN STOCK PORTFOLIOS AND CAPITAL BUDGETS**This paper is another in a series of interrelated theoretical and statistical studies of corporate financial and investment policies being made under grants from the Rockefeller Foundation, and more recently the Ford Foundation, to the Harvard Business School. The generous support for this work is most gratefully acknowledged. The author is also much indebted to his colleagues Professors Bishop, Christenson, Kahr, Raiffa, and (especially) Schlaifer, for extensive discussion and commentary on an earlier draft of this paper; but responsibility for any errors or imperfections remains strictly his own.[Professor Sharpe's paper, “Capital Asset Prices: A Theory of Market Equilibrium Under Conditions of Risk” (Journal of Finance, September 1964) appeared after this paper was in final form and on its way to the printers. My first section, which parallels the first half of his paper (with corresponding conclusions), sets the algebraic framework for sections II, III and VI, (which have no counterpart in his paper) and for section IV on the equilibrium prices of risk assets, concerning which our results differ significantly for reasons which will be explored elsewhere. Sharpe does not take up the capital budgeting problem developed in section V below.] (1975)The Cross-Section of Expected Stock Returns (1992)Common risk factors in the returns on stocks and bonds (1993)On Persistence in Mutual Fund Performance (1997)Biases in Dynamic Models with Fixed Effects (1981)A finite sample correction for the variance of linear efficient two-step GMM estimators (2004)How to do Xtabond2: An Introduction to Difference and System GMM in Stata (2009)The Nature of the Firm (1937)The Pricing of Options and Corporate Liabilities (1973)Separation of Ownership and Control (1983)Corporate financing and investment decisions when firms have information that investors do not have (1984)The Cost of Capital, Corporation Finance and the Theory of Investment (1958)Legal Determinants of External Finance (1997)Corporate Ownership Around the World (1999)Investor protection and corporate governance (2000)Endogenous Technological Change (1990)Institutions, Institutional Change and Economic Performance (1990)Institutions, Institutional Change and Economic Performance (1991)Institutions Rule: The Primacy of Institutions Over Geography and Integration in Economic Development (2004)Corruption and Growth (1995)Chapter 6 Institutions as a Fundamental Cause of Long-Run Growth (2005)Does Foreign Direct Investment Increase the Productivity of Domestic Firms? In Search of Spillovers Through Backward Linkages (2004)Introductory Econometrics for Finance (2008)Does Corporate Social Responsibility Affect the Cost of Capital? (2010)
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References

  • 1976Theory of the firm: Managerial behavior, agency costs and ownership structure71,441 cited
  • 1998Initial conditions and moment restrictions in dynamic panel data models22,547 cited
  • 1995Another look at the instrumental variable estimation of error-components models19,861 cited
  • 1998Law and Finance17,902 cited
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  • 1973Risk, Return, and Equilibrium: Empirical Tests14,248 cited
  • 1983Limited-dependent and qualitative variables in econometrics13,257 cited
  • 1990Increasing Returns and Economic Geography12,326 cited
  • 2001The Colonial Origins of Comparative Development: An Empirical Investigation8,518 cited
  • 1999Why do Some Countries Produce So Much More Output Per Worker than Others?7,899 cited
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  • 2012The Colonial Origins of Comparative Development: An Empirical Investigation: Reply6,049 cited
  • 1996Causes and Consequences of Earnings Manipulation: An Analysis of Firms Subject to Enforcement Actions by the SEC*4,076 cited
  • 2003Enjoying the Quiet Life? Corporate Governance and Managerial Preferences3,773 cited

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1997
An Empirical Analysis of the Relation between the Board of Director Composition and Financial Statement Fraud
3,518 cited
  • 2008The law and economics of self-dealing3,514 cited
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    • 2022State fragility and informal entrepreneurship: The moderating effects of human capital under varying temporal orientations14 cited