Ne Research in Corporate Finance and Banking [Hardcover]

The selection of papers presented in these two volumes reflects the depth and breadth of the research interests of European scholars in financial economics. Topics discussed include asset pricing in the context of perfect markets and of market imperfections, the interaction between business cycle and financial imperfections, take over bids, and the interplay between banks and financial markets. These two volumes will provide an invaluable reference tool for scholars in the field.

Introduction,Bruno Biais and Marco Pagano
1.I. Going PublicWhy Do Companies Go Public?: An Empirical Analysis,Marco Pagano, Fabio Panetta, and Luigi Zingales
2. Underpricing, Ownership, and Control in Initial Public Offerings of Equity Securities in the UK,M. J. Brennan and J. Franks
3. Going Public and the Ownership Structure of the Firm,Antonio S. Mello and John E. Parsons
4. Toeholds and Takeovers,Jeremy Bulow, Ming, Huang, and Paul Klemperer
5. Underpricing and Entrepreneurial Wealth Losses in IPOs: Theory and Evidence,Michel A. Habib and Alexander P. Ljungqvist
6.II. Financial System ArchitectureFinancial System Architecture,Arnoud W. A. Boot and Anjan V. Thakor
7. Banking Scope and Financial Innovation,Arnoud W. A. Boot and Anjan V. Thakor
8.III. Design of Credit Contracts and InstitutionsOptimal Debt Structure and the Number of Creditors,Patrick Bolton and David S. Scharfstein
9. Information Sharing in Credit Markets,Marco Pagano and Tullio Jappelli
10. Endogenous Communication among Lenders and Entrepreneurial Incentives,A. Jorge Padilla and Marco Pagano
11.IV. Credit Market Imperfections and Economic ActivitySurvival of the Fittest or the Fattest?: Exit and Financing in the Trucking Industry,Luigi Zingales
12. Endogenous Cycles in a Stiglitz--Weiss Economy,JavierlCZ