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The Financing the Real Economy programme investigates the links between the financial sector and the real economy, and the role that financial intermediaries have in creating value for the firms’ stakeholders and contributing to business growth and productivity. The latest research from its members is made available in our working papers collection. This cutting edge work is free to download, and designed to inspire scholarly debate.

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Discussion Papers

Agency, Firm Growth, and Managerial Turnover

We study managerial incentive provision under moral hazard in a firm subject to stochastic growth opportunities. In our model, managers are dismissed...

September 2012
DP 711
Ron Anderson
M. Cecilia Bustamante
Stéphane Guibaud

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Artificial Intelligence in the Boardroom

The Impact of Uncertainty Shocks on Workforce Composition

Bankruptcy Law and the Market for Corporate Influence

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