This paper provides a short overview of corporate governance mechanisms in newly listed companies. Although such firms differ in large from the archetypical Berle-Means-Corporation in the corporate governance literature, our overview is also aligned to some extend to the framework provided by...

We document high economy-wide correlations between the Equity Risk Premium (ERP) and the aggregate volume (rho=-0.69) and value (rho=-0.75) of patenting activity by public firms in the United States over the 1977-2018 period, contradicting Schumpeter's (1939) opportunity-costs hypothesis of...