We examine the influence of corporate governance quality on firms' choice between convertible debt, straight debt, and equity using a Western European sample of security offerings made between 2000 and 2010. We find that weaker firm-specific and country-specific corporate governance quality...

Over thirty years, privatization of public enterprises was in the air. Before and during this period of neo-liberalism, and since the 2008 crisis, public enterprises were nonetheless created: they did what they were set up for and they frequently managed to get interesting results, as much on...