Search Results - "Perotti, E C"

Inertial credit and opportunistic arrears in transition by Perotti, E.C.

“…In a transition economy, enterprise restructuring may exhibit a Laffer-curve response to tighter credit as a result of rational collective inertia. In the…”
Get full text

Strategic Growth Options by Kulatilaka, Nalin, Perotti, Enrico C

“…We provide a strategic rationale for growth options under uncertainty and imperfect competition. In a market with strategic competition, investment confers a…”
Get full text

Privatization, political risk and stock market development in emerging economies by Perotti, Enrico C, van Oijen, Pieter

“…This paper investigates whether privatization in emerging economies has a significant indirect effect on local stock market development through the resolution…”
Get full text

Red barons or robber barons? Governance and investment in Russian financial–industrial groups by Perotti, Enrico C, Gelfer, Stanislav

“…We study the governance role of Russian financial–industrial groups (FIG) and their impact on the allocation of capital. We compare member firms of groups with…”
Get full text

Credible Privatization by Perotti, Enrico C

“…Privatization shifts residual income and control to private investors, restricting redistribution and improving incentives; thus rapid privatization should be…”
Get full text

Last bank standing: What do I gain if you fail? by Perotti, Enrico C, Suarez, Javier

“…Banks attitude towards speculative lending is typically regarded as the result of trading-off the short-term gains from risk-taking against the risk of loss of…”
Get full text

Dominant Investors and Strategic Transparency by Perotti, Enrico C., von Thadden, Ernst-Ludwig

“…This article proposes a theory of corporate transparency and its determinants. We show that under imperfect product market competition, the corporate…”
Get full text

Do foreign cross-listings increase firm value? by Perotti, E. C., Cordfunke, E.

Get full text

Depersonalization of Business in Ancient Rome by ABATINO, BARBARA, DARI-MATTIACCI, GIUSEPPE, PEROTTI, ENRICO C.

“…A crucial step in economic development is the depersonalization of business, which enables an enterprise to operate as a separate entity from its owners and…”
Get full text

The Political Economy of Corporate Control and Labor Rents by Perotti, Enrico C., von Thadden, Ernst‐Ludwig

“…In a democracy, a political majority can influence both the corporate governance structure and the return to human and financial capital. We argue that when…”
Get full text

Symposium on finance by Maug, E, Perotti, E C, Suarez, J, Décamps, J P, Faure-Grimaud, A, Cespa, G, Bossaerts, P, Fine, L, Ledyard, J, Bernhardt, D, Hughson, E

Get full text

Enterprise finance and investment in listed Hungarian firms by Perotti, Enrico C., Vesnaver, Luka

“…This paper studies the financing of enterprise investment in listed Hungarian firms during the first years of transition. These firms were selected for listing…”
Get full text

Capital Structure as a Bargaining Tool: The Role of Leverage in Contract Renegotiation by Perotti, Enrico C., Spier, Kathryn E.

“…This paper presents a strategic model of temporarily high leverage. When the repayment of senior claims depends in part upon further investment, shareholders…”
Get full text

Strategic Transparency and Informed Trading: Will Capital Market Integration Force Convergence of Corporate Governance? by Perotti, Enrico C., Von Thadden, Ernst-Ludwig

“…Dominant investors can influence the publicly available information about firms by affecting the cost of information collection. Under strategic competition,…”
Get full text

Corporate Governance and the Distribution of Wealth: A Political-Economy Perspective by Perotti, Enrico C., von Thadden, Ernst-Ludwig

“…We present a theory in which the corporate governance structure in a country is determined by a political majority and show how this decision is related to the…”
Get full text

The Structure of Privatization Plans by Perotti, Enrico C., Guney, Serhat E.

“…In the last decade, large-scale privatization programs have transformed the structure of corporate ownership in many countries, and are a major cause of the…”
Get full text