Reading list
Required book:
Hart, O: Firms, Contracts, and Financial Structure., 1995. Clarendon Press. Pp. 1-125, i.e. the Introduction and chapters 1-5.
Articles
References marked with K will be part of a compendium and for sale at Kopiutsalget, Akademika. For other references, a link to the internet is given to find them by looking at Jstor
Brander, J.A.; Lewis, T.R.: Oligopoly and Financial Structure: The Limited Liability Effect., 1986. American Economic Review, 76. Pp. 956-970. Jstor.
Harris and Raviv: A theory of captial structure, Journal of Finance vol. 46, 1991. K.
Jensen, M.C.: Meckling, W.H.: “Theory of the Firm: Managerial Behavior, Agency Costs, and Ownership Structure”, Journal of Financial Economics vol 3. , 1976. Pp. 305-360 K.
Landier and Thesmar: Financial Contracting with Optimistic Entrepreneurs: Theory and Evidence, Journal of Financial Economics vol 3, 1976.
La Porta R, Lopez-de-Silanes F, Shleifer A, Vishny R: Law and finance, Journal of Political Economy vol. 106, 1998. Jstor.
Myers and Majluf: Corporate financing and investment decisions when firms have information that investors do not have, Journal of Financial Economics vol. 13, 1984. K.
Tirole J: Hierarchies and Bureaucracies: On the Role of Collusion in Organizations, Journal of Law, Economics and Organization vol. 2, 1986.
Taxation of firms and shareholders
Articles
Sandmo, A: Investment, tax incentives and the criterion of neutrality, Discussion papers NHH 6/80 K.
Atkinson A. B. and J. E. Stiglitz: Lectures on Public Economics, Lecture 5 Taxation and the firm, 1980. Pp. 128-149. McGrawHill, London. ISBN0070841063.
S?rensen, P. B: Neutral Taxation of Shareholder Income, International Tax and Public Finance 12 (6), pp. 777-801, 205. K.
Firms in distress: bankruptcy, takeovers and legal actions
Book
Hart, O: Firms, Contracts and Financial Structure, 1995. Claredon Press. Chapters 7-8.
Articles
White, M.J.: “The Corporate Bankruptcy Decision”, Journal of Economic Perspectives vol 3 no 2. , 1989. Pp. 129-152. Jstor.
Hirshleifer, D.: “Mergers and Acquisitions: Strategic and Informational Issues”, Handbooks in Operations Research and Management Science, Vol 9: Finance, 1995. (R.A. Jarrow, V. Maksimovic, & W.T. Ziemba, eds.). Pp. 839-885 K.
Stein, J.: “Takeover Threats and Managerial Myopia”, Journal of Political Economy vol 96. , 1988. Pp. 61-80 . Jstor.
Hirshleifer, J and E Osborne: Truth, effort and the legal battle,
Posner, R: An economic approach to legal procedure and judicial administration, Journal of Legal Studies, Vol. 2, No. 2, pp. 399-458, 1973. Jstor.
Shavell, S: Any frequency of plaintiff victory at trial is possible, The Journal of Legal Studies, Vol. 25, No. 2, pp. 493-501, 1996. Jstor.