more likely to be replaced if the takeover is disciplinary …

more passive shareholders (lower ownership per non-institutional shareholder) are less likely to be takeover targets, less … likely to be acquired and command higher premiums. Using the adoption of anti-takeover law in Delaware as an exogenous shock … to anti-takeover protection, we show that the passiveness of shareholder base decreases as the takeover threat subsides …

Despite its large and increasing size in the U.S. and Europe, there is relatively little research on the private debt … European investors with private debt assets under management (AuM) of over $300 billion. These investors are primarily direct … lending funds. We ask the general partners (GPs) how they source, select, and evaluate deals, how they think of private debt …

Banks play a role in the corporate governance of firms as well as acting as debt financiers around the world. Universal …

, but not in the euro area. This difference may be due to euro-area firms getting sufficient financing from banks …

reporting practices. We consider debt financing (bank financing, leasing, and government guarantees), equity financing (family …This article provides a comprehensive assessment of private firms' financing sources and their relation with financial … ownership, government ownership, employee ownership, and private-equity financing,), and trade credit (supplier credit and …

reporting practices. We consider debt financing (bank financing, leasing, and government guarantees), equity financing (family …This article provides a comprehensive assessment of private firms' financing sources and their relation with financial … ownership, government ownership, employee ownership, and private-equity financing,), and trade credit (supplier credit and …