Search Results - "Perotti, Enrico C."

Does Father Know Best? A Formal Model of the Paternal Influence on Childhood Social Anxiety by Bögels, Susan M., Perotti, Enrico C.

“…We explore paternal social anxiety as a specific risk factor for childhood social anxiety in a rational optimization model. In the course of human evolution,…”
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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…”
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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…”
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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…”
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The Emergence of the Corporate Form by Dari-Mattiacci, Giuseppe, Gelderblom, Oscar, Jonker, Joost, Perotti, Enrico C.

“…We describe how, during the 17th century, the business corporation gradually emerged in response to the need to lock in long-term capital to profit from trade…”
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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…”
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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…”
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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…”
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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…”
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Pay, Stay, or Delay? How to Settle a Run by Matta, Rafael, Perotti, Enrico

“…Abstract The classic view assumes banks prioritize immediate repayment by selling assets until default. We endogenize run frequency and study how general…”
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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…”
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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…”
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The Good, the Bad, and the Missed Boom by Perotti, Enrico, Rola-Janicka, Magdalena

“…Abstract Some credit booms result in financial crises. While excessive risk-taking could plausibly explain the boom-to-bust cycle, many investors do not…”
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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,…”
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Finance and inequality: Channels and evidence by Claessens, Stijn, Perotti, Enrico

“…We provide a framework to interpret the recent literature on financial development and inequality. In many developing countries, access to funding and…”
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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…”
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The Circulation of Ideas in Firms and Markets by Hellmann, Thomas, Perotti, Enrico

“…This paper models the generation, circulation, and completion of new ideas, showing how markets and innovative firms complement each other in a symbiotic…”
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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…”
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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…”
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Machiavellian Privatization by Biais, Bruno, Perotti, Enrico

“…We analyze politically motivated privatization in a bipartisan environment. When median-class voters a priori favor redistributive policies, a strategic…”
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