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Corporate Governance and Internal Capital Markets
Cost vs Benefits Capital Markets Corporate Governance Taxation Ownership
2015/4/23
We exploit an exogenous shock to corporate ownership structures created by a recent tax reform in Germany to explore the link between corporate governance and internal capital markets. We find that fi...
Corporate Governance and Performance in Twentieth-Century Japan
Corporate Governance Performance Twentieth-Century Japan
2010/10/8
To understand the corporate performance of Japanese firms in the twentieth century, we have constructed a comprehensive database that includes asset, capital composition, profitability, and other vari...