uncertainty provide evidence of pecking order theory and market timing theory in raising capital …

This article develops a basic typological framework for understanding and analyzing financial risk from a political … economy perspective. It is motivated by growing awareness of the contemporary significance of financial risk and by the fact … that the political-economic literature on such risk currently lacks a workable heuristic. The framework distinguishes …

Capitalism as capture -- Arbitrage in theory -- Arbitrage IRL -- The Postonian turn : from exploitation to abstract … capitalism, that principle is labor. In financial capitalism, that principle is risk. The idea that we must take on risky debt to … our taken-for-granted understandings of how risk works in financial markets allows arbitrage capture to take place even …