“...The way in which securities are traded is very different from the idealized picture of a frictionless and self-equilibrating market offered by the typical...”

“...We present a rational expectations model of optimal executive compensation in a setting where managers are in a position to manipulate short-term stock prices...”

“...This paper documents aggregate trends in the foreign listings of companies, and analyzes their distinctive prelisting characteristics and postlisting...”

“...This paper reviews the pattern of bank failures during the financial crisis and asks whether there was a link with corporate governance. It revisits the theory...”

“...Trading systems differ in their degree of transparency, here defined as the extent to which market makers can observe the size and direction of the current...”

“...This study traces the evolution of corporate governance and financing structures in the Netherlands during the second half of the twentieth century. A...”

“...Despite the increasing integration of capital markets, geography has not yet become irrelevant to finance. Between 1986 and 1997, European public companies...”

“...This paper considers a securities market in which orders are channeled through professional broker-dealers such as London's market makers or the large banks...”

“...In this paper we estimate price effects of trading on the Paris Bourse. We use several methods to decompose price effects into transitory and permanent parts...”