, inside ownership, and the marginal cost of capital. We discuss implications for the determinants of firm size, the …We investigate the cost of capital in a model with an agency conflict between inside managers and outside shareholders …. Inside ownership reflects the classic tradeoff between incentives and risk diversification, and the severity of agency costs …

Assets are an important means of coping with adverse events in developing countries but the role of gendered ownership … of assets, but relative ownership varies by type of asset. Controlling for unobserved heterogeneity across households and …