Publications

September 1991
Article

A Theory of Workouts and the Effects of Reorganization Law

By: David S. Scharfstein and Robert Gertner

03 Oct 2016
Book

Clayton Christensen: The Theory of Jobs To Be Done

Keywords: by Dina Gerdeman

February 1979
Background Note

Note on the Theory of Optimal Capital Structure

By: William E. Fruhan Jr.

Examines the interrelationship between the maximization of the share value of a firm's common stock and the minimization of the firm's weighted average cost of capital. Presents a revised version of a case by J.W. Mullins, Jr. View Details

Keywords: Capital Structure; Cost of Capital; Stock Shares; Core Relationships; Value

Educators

Purchase

2017
Article

Computer Vision Uncovers Predictors of Physical Urban Change

By: Nikhil Naik, Scott Duke Kominers, Ramesh Raskar, Edward L. Glaeser and César A. Hidalgo

Which neighborhoods experience physical improvements? In this paper, we introduce a computer vision method to measure changes in the physical appearances of neighborhoods from time-series street-level imagery. We connect changes in the physical appearance of five U.S.... View Details

Keywords: Urban Economics; Gentrification; Urban Studies; Computer Vision; Nieghborhood Effects; Urban Development; Situation or Environment; Demographics; Economics; Change

24 Jul 2000
Research & Ideas

Value Maximization and Stakeholder Theory

important constituencies. Enlightened stakeholder theory adds the simple specification that the objective function of the firm is to maximize total long-term firm market value. In short, View Details

Keywords: by Michael C. Jensen

Article

Relational Contracts and the Theory of the Firm

By: George P. Baker, Robert Gibbons and Kevin J. Murphy

Keywords: Contracts; Theory; Business Ventures

27 Sep 2013
Conference Presentation

Towards a Contingency Theory of Enterprise Risk Management.

By: Anette Mikes

Video

Victor Ray presents "A Theory of Racialized Organizations"

1984
Chapter

Stable Coalition Formation: Aspects of a Dynamic Theory

By: A. E. Roth

Keywords: Alliances; Balance and Stability; Theory

2021
Working Paper

Impact Investing: A Theory of Financing Social Enterprises

By: Benjamin N. Roth

I present a model of financing social enterprises to delineate the role of impact investors relative to “pure” philanthropists. I characterize the optimal scale and structure of a social enterprise when financed by grants, and when financed by investments. Impact... View Details

Keywords: Impact Investing; Social Entrepreneurship; Finance; Investment; Mathematical Methods

SSRN

2015
Working Paper

Coactive Vicarious Learning: Towards a Relational Theory of Vicarious Learning in Organizations

By: Christopher G. Myers

Vicarious learning—a process of individual belief and behavior change that occurs through being exposed to, and making meaning of, another's experience—has long been recognized as a key driver of individual, team and organizational success. Yet existing perspectives on... View Details

Keywords: Organizations; Learning

SSRN

2001
Book

The Theory and Practice of International Financial Management

By: Reid W. Click and Joshua D. Coval

Keywords: Theory; Practice; Finance; Management

09 Mar 2020
Working Paper Summaries

Impact Investing: A Theory of Financing Social Entrepreneurship

Keywords: by Benjamin N. Roth; Financial Services

1980
Chapter

Tests of Capital Market Theory and Implications of the Evidence

By: Michael Jensen

Keywords: Capital Markets; Mathematical Methods

Article

Optimal Taxation in Theory and Practice

By: N. Gregory Mankiw, Matthew C. Weinzierl and Danny Yagan

We highlight and explain eight lessons from optimal tax theory and compare them to the last few decades of OECD tax policy. As recommended by theory, top marginal income tax rates have declined, marginal income tax schedules have flattened, redistribution has risen... View Details

Keywords: Taxation; Theory; Practice; Policy