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Inheritance law and investment in family firms

Ellul, Andrew; Pagano, Marco; Panunzi, Fausto - 2008

Persistent link: https://www.econbiz.de/10003773947

IPO underpricing and after-market liquidity

Ellul, Andrew; Pagano, Marco - In: The review of financial studies 19 (2006) 2, pp. 381-421

Persistent link: https://www.econbiz.de/10003355128

Reputation effects in trading on the New York Stock Exchange

Battalio, Robert H.; Ellul, Andrew; Jennings, Robert H. - In: The journal of finance : the journal of the American … 62 (2007) 3, pp. 1243-1271

Persistent link: https://www.econbiz.de/10003477350

External governance and debt agency costs of family firms

Ellul, Andrew; Guntay, Levent; Lel, Ugur - 2007

Persistent link: https://www.econbiz.de/10003997617

Investors' horizons and the amplification of market shocks

Cella, Cristina; Ellul, Andrew; Giannetti, Mariassunta - 2010

Persistent link: https://www.econbiz.de/10008796807

Inheritance law and investment in family firms

Panunzi, Fausto; Ellul, Andrew; Pagano, Marco - 2009

Entrepreneurs may be constrained by the law to bequeath a minimal stake to non-controlling heirs. The size of this stake can reduce investment in family firms, by reducing the future income they can pledge to external financiers. Using a purpose-built indicator of the permissiveness of...