Empirical Research in Banking and Corporate Finance is the 21st volume of Advances in Financial Economics and deals with International Corporate Governance. Explored in detail are the role of corporate cultures, social responsibility, stock liquidity, securitization, leveraged buyouts and the...

This volume contains a set of empirical papers by a set of global scholars who examine corporate governance and market regulation from a variety of perspectives. Jiang, Kim and Zhang argue that in certain cases an ex post increase in CEO pay can prevent the ex ante problem of managerial...

Advances in Financial Economics Volume 19 deals with International Corporate Governance, particularly the role played by boards of directors, internal organization design and governance mechanisms, franchise agreements, the effect of regulation and policy, the market for corporate control, and...

Volume 17 of Advances in financial economics, entitled "Corporate governance in the US and global settings" will provide further insights into corporate governance in the US & global economic and financial environment by publishing international, within-country and cross-country comparative...

Advances in Financial Economics volume 20 deals with International Corporate Governance, particularly the role played by boards of directors, internal organization design and governance mechanisms, franchise agreements, the effect of regulation and policy, the market for corporate control, and...

Advances in Financial Economics, volume 18, will present research on corporate governance both in the US and globally. Papers will deal with the role played by boards of directors, internal organization design and governance mechanisms, franchise agreements, the effect of regulation and policy,...

Based on received financial theory, we empirically examine the role of the following firm-specific determinants of leverage: bankruptcy costs, growth, variability, non-debt tax shields, collateral value, profitability, and size. For our sample, to focus on firm-specific aspects, we purposely use...