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In Search of New Foundations / Luigi Zingales.
- Format:
- Book
- Author/Creator:
- Zingales, Luigi.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w7706.
- NBER working paper series no. w7706
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 2000.
- Summary:
- In this paper I argue that corporate finance theory, empirical research, practical applications, and policy recommendations are deeply rooted in an underlying theory of the firm. I also argue that while the existing theories have delivered very important and useful insights, they seem to be quite ineffective in helping us cope with the new type of firms that are emerging. I outline the characteristics that a new theory of the firm should satisfy and how such a theory could change the way we do corporate finance, both theoretically and empirically.
- Notes:
- Print version record
- May 2000.
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