Corporate Finance and Governance

Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers

A Survey of Corporate Governance

THE VALUATION OF RISK ASSETS AND THE SELECTION OF RISKY INVESTMENTS IN STOCK PORTFOLIOS AND CAPITAL BUDGETS**This paper is another in a series of interrelated theoretical and statistical studies of corporate financial and investment policies being made under grants from the Rockefeller Foundation, and more recently the Ford Foundation, to the Harvard Business School. The generous support for this work is most gratefully acknowledged. The author is also much indebted to his colleagues Professors Bishop, Christenson, Kahr, Raiffa, and (especially) Schlaifer, for extensive discussion and commentary on an earlier draft of this paper; but responsibility for any errors or imperfections remains strictly his own.[Professor Sharpe's paper, “Capital Asset Prices: A Theory of Market Equilibrium Under Conditions of Risk” (Journal of Finance, September 1964) appeared after this paper was in final form and on its way to the printers. My first section, which parallels the first half of his paper (with corresponding conclusions), sets the algebraic framework for sections II, III and VI, (which have no counterpart in his paper) and for section IV on the equilibrium prices of risk assets, concerning which our results differ significantly for reasons which will be explored elsewhere. Sharpe does not take up the capital budgeting problem developed in section V below.]

Investor protection and corporate governance

Corporate Governance and Equity Prices

The theory and practice of corporate finance: evidence from the field

Corporate governance, chief executive officer compensation, and firm performance

Enjoying the Quiet Life? Corporate Governance and Managerial Preferences

Principles of Corporate Finance.

Corporate social responsibility and access to finance

Corporate Governance, Board Diversity, and Firm Value

A Modest Proposal for Improved Corporate Governance

What Matters in Corporate Governance?

Earnings management and corporate governance: the role of the board and the audit committee

Politically connected CEOs, corporate governance, and Post-IPO performance of China's newly partially privatized firms☆

Stockholders and Stakeholders: A New Perspective on Corporate Governance

The Pricing of Options and Corporate Liabilities

A Three-Dimensional Conceptual Model of Corporate Performance

Corporate financing and investment decisions when firms have information that investors do not have

Corporate Social Responsibility: A Theory of the Firm Perspective