This review evaluates the four major theories of corporate financing: (1) the Modigliani-Miller theory of capital ….Further progress in understanding corporate financing decisions will require a deeper understanding of agency issues when value …

This essay surveys the body of research that asks how the efficiency of corporate investment is influenced by problems …

importance to corporate finance and asset pricing. It is important to understand the degree to which investor taxes are impounded …

Corporate governance is concerned with the resolution of collective action problems among dispersed investors and the … reconciliation of conflicts of interest between various corporate claimholders. In this survey we review the theoretical and … empirical research on the main mechanisms of corporate control, discuss the main legal and regulatory institutions in different …

are low. When examining a large class of corporate financing activities, including equity offerings, convertible bond …. Only recently have papers begun to focus on the corporate financing implications if firms face variations in the cost of …

lend to companies that need resources for investment. In contrast, in capital markets investors contract directly with … possible moral hazard problems emanating from deposit insurance and on the roles of bank corporate governance and capital …