01654nas a2200169 4500008004100000245009600041210006900137260000900206520103700215653001201252653001701264100001801281700002001299700001901319700001801338856012801356 2023 eng d00aAre Family Firms More Efficient? Revisiting the U-Shaped Curve of Firm Scale and Efficiency0 aAre Family Firms More Efficient Revisiting the UShaped Curve of  c20233 aThis study applies a stochastic frontier model to examine the relationship between firm size and efficiency using a novel approach. The first novelty is that this study examines large and small firms separately to allow for heterogeneity between firm group sizes in terms of measuring the size-efficiency relationship. The second is that we use a modified frontier model which explicitly includes a family firm variable when measuring firm efficiency. Empirical results reveal that firms are in fact heterogeneous, with small-and-medium-sized enterprises (SMEs) exhibiting a U-shaped scale efficiency curve, while large enterprises (LE) exhibit an efficiency curve which is positive and linear. Robust results also confirm that family firms are relatively more efficient than non-family firms. In addition, while controlling for family firms does not appear to change the firm’s size-efficiency dynamics, failure to control for family firms leads to a bias in characterizing the nature of the firm’s production returns to scale.10aFinance10aOSU-Cascades1 aElston, Julie1 aZhang, Yingchao1 aChen, Ku-Hsieh1 aChen, Pei-Hwa u/biblio/are-family-firms-more-efficient-revisiting-u-shaped-curve-firm-scale-and-efficiency00421nas a2200121 4500008004100000245005100041210005000092260001800142653001200160653001700172100001800189856009200207 2022 eng d00aChinese Capital Structure: Theory and Evidence0 aChinese Capital Structure Theory and Evidence aChicagoc202210aFinance10aOSU-Cascades1 aElston, Julie u/biblio/chinese-capital-structure-theory-and-evidence-000422nas a2200121 4500008004100000245005100041210005000092260002100142653001200163653001700175100001800192856009000210 2022 eng d00aChinese Capital Structure: Theory and Evidence0 aChinese Capital Structure Theory and Evidence aChicago Ilc202210aFinance10aOSU-Cascades1 aElston, Julie u/biblio/chinese-capital-structure-theory-and-evidence00537nas a2200157 4500008004100000245009700041210006900138260000900207300001200216490000700228653001200235653001700247100001800264700002900282856006800311 2022 eng d00aAn Empirical Examination of Firm Growth in the MENA Region: Through the Lens of Gibrat's Law0 aEmpirical Examination of Firm Growth in the MENA Region Through  c2022 a121-1310 v6010aFinance10aOSU-Cascades1 aElston, Julie1 aWeidinger, Alois, Konrad uhttps://www.springer.com/economics/microeconomics/journal/4081200452nas a2200121 4500008004100000245006400041210006200105260002700167653001200194653001700206100001800223856008900241 2022 eng d00aMyths from Silicon Valley -Is Tech difference than Detroit?0 aMyths from Silicon Valley Is Tech difference than Detroit aVienna, Austria.c202210aFinance10aOSU-Cascades1 aElston, Julie u/biblio/myths-silicon-valley-tech-difference-detroit00452nas a2200121 4500008004100000245006400041210006300105260001900168653001200187653001700199100001800216856009600234 2022 eng d00aWhat Does Sustainable Growth look in the Technology Sector?0 aWhat Does Sustainable Growth look in the Technology Sector aSlovakiac202210aFinance10aOSU-Cascades1 aElston, Julie u/biblio/what-does-sustainable-growth-look-technology-sector00445nas a2200121 4500008004100000245005600041210005600097260003300153653001200186653001700198100001800215856009000233 2021 eng d00aChallenges and Opportunities of Research in Austria0 aChallenges and Opportunities of Research in Austria aInvited Online Webinarc202110aFinance10aOSU-Cascades1 aElston, Julie u/biblio/challenges-and-opportunities-research-austria00347nas a2200121 4500008004100000245002500041210002500066260002500091653001200116653001700128100001800145856006200163 2021 eng d00aFulbright in Austria0 aFulbright in Austria aWebinar onlinec202110aFinance10aOSU-Cascades1 aElston, Julie u/biblio/fulbright-austria00384nas a2200121 4500008004100000245003700041210003600078260002500114653001200139653001700151100001800168856007600186 2020 eng d00aAustria's Research Opportunities0 aAustrias Research Opportunities aOnline Webinarc202010aFinance10aOSU-Cascades1 aElston, Julie u/biblio/austrias-research-opportunities01925nas a2200133 4500008004100000245005400041210005200095260000900147520152000156653001201676653001701688100001801705856006801723 2019 eng d00aCorporate Governance: What We Know And Don't Know0 aCorporate Governance What We Know And Dont Know c20193 aThe corporate governance literature provides a rich framework for examining the theoretical models and related mechanisms by which a firm is operated and controlled, but there are a number of challenges for future research that remain. This paper identifies some of the key studies and contributions of the existing corporate governance literature, while identifying several fruitful areas for research where our understanding of corporate governance is incomplete. For example, what is the relationship between corporate governance and corporate social responsibility, and how might this change in different institutional environments? Expanding standard models to include more nuanced factors within diverse and dynamic institutional environments is one challenge we face in modeling governance more comprehensively. In addition, as data becomes more easily available on smaller countries, transitional economies, and in frontier and emerging markets, we also need to expand our studies beyond the large Western country context. Future empirical work should undertake to better understand and examine the institutional structures, systems, mechanisms and incentives within understudied regions around the world. Beyond the notion of replication studies, careful cross-country studies would enable us to compare outcomes with existing studies and better inform us on fundamental differences (and similarities) between systems, contributing to our discussions on the limits of conversion between governance systems.10aFinance10aOSU-Cascades1 aElston, Julie uhttps://www.springer.com/economics/microeconomics/journal/4081200507nas a2200121 4500008004100000245009200041210006900133260000900202653001200211653001700223100001800240856012700258 2019 eng d00aDr. Audretsch: or How I Learned to Stop Worrying and Love Doing Small Business Research0 aDr Audretsch or How I Learned to Stop Worrying and Love Doing Sm c201910aFinance10aOSU-Cascades1 aElston, Julie u/biblio/dr-audretsch-or-how-i-learned-stop-worrying-and-love-doing-small-business-research01314nas a2200157 4500008004100000245006400041210006400105260000900169520079400178653001500972653001200987653001700999100001801016700002101034856010101055 2019 eng d00aInternationalization and Regional Entrepreneurship in China0 aInternationalization and Regional Entrepreneurship in China c20193 aThis study examines the importance of geographic location on the empirical link between internationalization and entrepreneurial intention. Integrating data from multiple sources to create a measure of internationalization intensity, this study directly contributes to the literature by revealing a significant and more complex relationship between internationalization and entrepreneurship than previously suggested in the literature. Specifically, while highly internationalized locations allow better access to resource markets they may also hinder entrepreneurship for several reasons, including the fact that these locations have higher competition for resources. Results provide direct empirical support to recent theories on the importance of within country comparative differences.10aAccounting10aFinance10aOSU-Cascades1 aElston, Julie1 aWeidinger, Alois u/biblio/internationalization-and-regional-entrepreneurship-china00519nas a2200121 4500008004100000245009500041210006900136260002100205653001200226653001700238100001800255856012400273 2018 eng d00aEvidence on the Dynamic Nature of Executive Compensation and Corporate Governance in China0 aEvidence on the Dynamic Nature of Executive Compensation and Cor aCopenhagenc201810aFinance10aOSU-Cascades1 aElston, Julie u/biblio/evidence-dynamic-nature-executive-compensation-and-corporate-governance-china-000626nas a2200157 4500008004100000245010700041210006900148260002100217653001500238653001200253653001700265100001800282700002100300700002000321856012700341 2018 eng d00aAn Examination of the Relationship Between Size and Growth of Listed Firms in the United Arab Emirates0 aExamination of the Relationship Between Size and Growth of Liste aOxford, UKc201810aAccounting10aFinance10aOSU-Cascades1 aElston, Julie1 aWeidinger, Alois1 aWidmer, Melanie u/biblio/examination-relationship-between-size-and-growth-listed-firms-united-arab-emirates01818nas a2200145 4500008004100000245006600041210006400107260000900171520132700180653001201507653001701519100001801536700001501554856010301569 2016 eng d00aBusiness Cultural Intelligence Quotient: A Five-Country Study0 aBusiness Cultural Intelligence Quotient A FiveCountry Study c20163 aCultural intelligence (CI) has often been linked to performance at the individual, team and firm levels as a key factor in international business success. Using a new measure of CI, the business cultural intelligence quotient (BCIQ), our study provides empirical evidence on several key antecedents of CI using data onbusiness professionals across five diverse countries (Austria, Colombia, Greece, Spain and USA). The findings suggest that the most important factors leading to cultural intelligence, in order of importance, are: the number of countries that business practitioners have lived in for more than six months, their level of education and the number of languages spoken. We find that cultural intelligence varies across countries, suggesting that some countries have a higher propensity for cross-cultural business interactions. By teasing out the common antecedents of BCIQ among professionals, our findings may help with screening and training professionals for international assignments. Future research may examine the environmental (country-specific) factors associated with a higher propensity for cultural intelligence (such as immigration, cultural diversity, languages spoken, and international trade) to explain the effect of country of origin on cultural intelligence in the professional community.10aFinance10aOSU-Cascades1 aElston, Julie1 aAlon, Ilan u/biblio/business-cultural-intelligence-quotient-five-country-study00523nas a2200133 4500008004100000245009500041210006900136260000900205490000600214653001200220653001700232100001800249856012200267 2016 eng d00aEvidence on the Dynamic Nature of Executive Compensation and Corporate Governance in China0 aEvidence on the Dynamic Nature of Executive Compensation and Cor c20160 v710aFinance10aOSU-Cascades1 aElston, Julie u/biblio/evidence-dynamic-nature-executive-compensation-and-corporate-governance-china00543nas a2200121 4500008004100000245011800041210006900159260001600228653001200244653001700256100001800273856013000291 2016 eng d00aInternationalization and Regional Entrepreneurship: Empirical Evidence on the Formation of New Ventures in China0 aInternationalization and Regional Entrepreneurship Empirical Evi aChinac201610aFinance10aOSU-Cascades1 aElston, Julie u/biblio/internationalization-and-regional-entrepreneurship-empirical-evidence-formation-new-000576nas a2200133 4500008004100000245011800041210006900159260001600228653001200244653001700256100001800273700002100291856013000312 2016 eng d00aInternationalization and Regional Entrepreneurship: Empirical Evidence on the Formation of New Ventures in China0 aInternationalization and Regional Entrepreneurship Empirical Evi aDubaic201610aFinance10aOSU-Cascades1 aElston, Julie1 aWeidinger, Alois u/biblio/internationalization-and-regional-entrepreneurship-empirical-evidence-formation-new-100496nas a2200121 4500008004100000245007600041210006900117260002600186653001200212653001700224100001800241856011500259 2016 eng d00aInternationalization, Geographic Location and Entrepreneurial Intention0 aInternationalization Geographic Location and Entrepreneurial Int aNew Orleans, LAc201610aFinance10aOSU-Cascades1 aElston, Julie u/biblio/internationalization-geographic-location-and-entrepreneurial-intention01508nas a2200205 4500008004100000245007800041210006900119260000900188300001000197490000700207520085100214653001501065653001201080653001701092653003301109100001801142700001601160700002101176856010501197 2016 eng d00aThe role of informal capital on new venture formation and growth in China0 arole of informal capital on new venture formation and growth in  c2016 a79-910 v463 aThis study examines the nature and role of informal capital used by micro-firms in the dynamic emerging market of China. Using a unique source of data for 260 urban entrepreneurs, this study provides empirical evidence that entrepreneurs’ personal savings and family funding are important sources of start-up capital. However, household income is the most important funding source in driving firm growth over time. This research directly addresses the lacuna of studies on entrepreneurship in emerging economies and contributes to our understanding of the critical role informal capital plays in the Chinese entrepreneurial process. Overall findings suggest that informal capital is still predominantly used over formal capital sources for financing firm start-up, underscoring the slow transition in China from an emerging to a modern economy.10aAccounting10aFinance10aOSU-Cascades10aOSU-Cascades Hospitality Mgt1 aElston, Julie1 aChen, Sandy1 aWeidinger, Alois u/biblio/role-informal-capital-new-venture-formation-and-growth-china00389nas a2200121 4500008004100000245003800041210003800079260002500117653001200142653001700154100001800171856007800189 2015 eng d00aCultural Intelligence Antecedents0 aCultural Intelligence Antecedents aWarsaw, Polandc201510aFinance10aOSU-Cascades1 aElston, Julie u/biblio/cultural-intelligence-antecedents00420nas a2200121 4500008004100000245005300041210005100094260001600145653001200161653001700173100001800190856009000208 2015 eng d00aA Hierarchy of Cultural Intelligence Antecedents0 aHierarchy of Cultural Intelligence Antecedents aIndiac201510aFinance10aOSU-Cascades1 aElston, Julie u/biblio/hierarchy-cultural-intelligence-antecedents-000434nas a2200121 4500008004100000245005300041210005100094260003200145653001200177653001700189100001800206856008800224 2015 eng d00aA Hierarchy of Cultural Intelligence Antecedents0 aHierarchy of Cultural Intelligence Antecedents aVancouver, BC, Canadac201510aFinance10aOSU-Cascades1 aElston, Julie u/biblio/hierarchy-cultural-intelligence-antecedents00383nas a2200121 4500008004100000245003600041210003600077260002500113653001200138653001700150100001800167856007600185 2015 eng d00aMeasuring Cultural Intelligence0 aMeasuring Cultural Intelligence aAbu Dhabi, UAEc201510aFinance10aOSU-Cascades1 aElston, Julie u/biblio/measuring-cultural-intelligence00410nas a2200121 4500008004100000245005200041210004800093260002100141653001200162653001700174100001800191856007900209 2015 eng d00aThe Role of Informal Capital in Growth in China0 aRole of Informal Capital in Growth in China aDubai, UAEc201510aFinance10aOSU-Cascades1 aElston, Julie u/biblio/role-informal-capital-growth-china01313nas a2200181 4500008004100000245005400041210005400095260000900149490000600158520076400164653001200928653001700940100001800957700001700975700003000992710001801022856009101040 2014 eng d00aExecutive Compensation and Agency Issues in Italy0 aExecutive Compensation and Agency Issues in Italy c20140 v53 aFrom a theoretical perspective, we posit that that dividend policies may be relevant in resolving agency issues even in a governance environment dominated by family controlled firms. Earlier research has found that in more market based systems such as the US and Canada, dividends are in fact instrumental in solving agency issues. Prior empirical research has also found that dividends have a role in mitigating agency conflicts in a bank-dominated corporate environments like that in Germany (Elston and Goldberg, 2003). This paper extends the findings of earlier research by empirically investigating whether dividends retain their importance as the mechanism for resolving residual agency issues in a family controlled governance environment like Italy10aFinance10aOSU-Cascades1 aElston, Julie1 aRondi, Laura1 aBhattacharyya, Nalanaksha1 aEmptyAuthNode u/biblio/executive-compensation-and-agency-issues-italy00374nas a2200121 4500008004100000245003500041210003500076260001700111653001200128653001700140100001800157856007700175 2014 eng d00aInternational Entrepreneurship0 aInternational Entrepreneurship aViennac201410aFinance10aOSU-Cascades1 aElston, Julie u/biblio/international-entrepreneurship-000423nas a2200121 4500008004100000245005100041210004900092260002200141653001200163653001700175100001800192856009100210 2013 eng d00aBusiness Cultural Intelligence Quotient (BCIQ)0 aBusiness Cultural Intelligence Quotient BCIQ aOrlando, FLc201310aFinance10aOSU-Cascades1 aElston, Julie u/biblio/business-cultural-intelligence-quotient-bciq-000613nas a2200169 4500008004100000245008800041210006900129260000900198300001200207490000700219653001200226653001700238653003300255100001800288700001600306856012100322 2013 eng d00aEntrepreneurial motives and characteristics: An analysis of small restaurant owners0 aEntrepreneurial motives and characteristics An analysis of small c2013 a294-3050 v3510aFinance10aOSU-Cascades10aOSU-Cascades Hospitality Mgt1 aElston, Julie1 aChen, Sandy u/biblio/entrepreneurial-motives-and-characteristics-analysis-small-restaurant-owners00616nas a2200133 4500008004100000245012700041210006900168260001700237520004900254653001200303653001700315100001800332856013200350 2013 eng d00aFinancing the Entrepreneurial Decision: An Empirical Approach Using Experimental Data on US High Technology Entrepreneurs0 aFinancing the Entrepreneurial Decision An Empirical Approach Usi aLondonc20133 aPublic Policy in the Entrepreneurial Society10aFinance10aOSU-Cascades1 aElston, Julie u/biblio/financing-entrepreneurial-decision-empirical-approach-using-experimental-data-us-high-400389nas a2200121 4500008004100000245003500041210003500076260003200111653001200143653001700155100001800172856007700190 2013 eng d00aInternational Entrepreneurship0 aInternational Entrepreneurship aBratislava, Slovakia.c201310aFinance10aOSU-Cascades1 aElston, Julie u/biblio/international-entrepreneurship-100459nas a2200121 4500008004100000245006200041210006100103260002500164653001200189653001700201100001800218856010100236 2013 eng d00aMeasuring Risk Attitudes of High-Technology Entrepreneurs0 aMeasuring Risk Attitudes of HighTechnology Entrepreneurs aVienna Austriac201310aFinance10aOSU-Cascades1 aElston, Julie u/biblio/measuring-risk-attitudes-high-technology-entrepreneurs-000535nas a2200121 4500008004100000245010100041210006900142260002200211653001200233653001700245100001800262856013300280 2013 eng d00aMeasuring the Impacts of Risk Attitudes and Entrepreneurship of US High Technology Entrepreneurs0 aMeasuring the Impacts of Risk Attitudes and Entrepreneurship of  aRome, Italyc201310aFinance10aOSU-Cascades1 aElston, Julie u/biblio/measuring-impacts-risk-attitudes-and-entrepreneurship-us-high-technology-entrepreneurs-000481nas a2200121 4500008004100000245007500041210006900116260001700185653001200202653001700214100001800231856011000249 2013 eng d00aRisk Attitudes, Wealth and Sources of Entrepreneurial Start-Up Capital0 aRisk Attitudes Wealth and Sources of Entrepreneurial StartUp Cap aLondonc201310aFinance10aOSU-Cascades1 aElston, Julie u/biblio/risk-attitudes-wealth-and-sources-entrepreneurial-start-capital-200558nas a2200121 4500008004100000245012500041210006900166260002400235653001200259653001700271100001800288856013000306 2012 eng d00a“Internationalization and Regional Entrepreneurship: Empirical Evidence on the Formation of New Ventures in China”0 aInternationalization and Regional Entrepreneurship Empirical Evi aWashington DCc201210aFinance10aOSU-Cascades1 aElston, Julie u/biblio/internationalization-and-regional-entrepreneurship-empirical-evidence-formation-new-200516nas a2200121 4500008004100000245010000041210006900141260001700210653001200227653001700239100001800256856012000274 2012 eng d00a“Regional Entrepreneurship: Empirical Evidence on the Formation of New Ventures in China”0 aRegional Entrepreneurship Empirical Evidence on the Formation of aBostonc201210aFinance10aOSU-Cascades1 aElston, Julie u/biblio/regional-entrepreneurship-empirical-evidence-formation-new-ventures-china-000583nas a2200157 4500008004100000245008900041210006900130260000900199300001000208490000700218653001200225653001700237100001800254700003000272856012300302 2011 eng d00aDividends, Executive Compensation, and Agency Costs: Empirical Evidence From Germany0 aDividends Executive Compensation and Agency Costs Empirical Evid c2011 a11-200 v1110aFinance10aOSU-Cascades1 aElston, Julie1 aBhattacharyya, Nalanaksha u/biblio/dividends-executive-compensation-and-agency-costs-empirical-evidence-germany-000361nas a2200121 4500008004100000245003000041210003000071260002200101653001200123653001700135100001800152856006900170 2011 eng d00aEntrepreneurship in China0 aEntrepreneurship in China aOrlando, FLc201110aFinance10aOSU-Cascades1 aElston, Julie u/biblio/entrepreneurship-china-001431nas a2200169 4500008004100000245012600041210006900167260000900236300001200245490000700257520079300264653001201057653001701069100001801086700002501104856013201129 2011 eng d00aFinancing the Entrepreneurial Decision: An Empirical Approach Using Experimental Data on US High Technology Entrepreneurs0 aFinancing the Entrepreneurial Decision An Empirical Approach Usi c2011 a209-2220 v363 aThis paper empirically examines the role of risk attitudes and wealth on financing choices for successful US entrepreneurs. Our approach uses both survey data and data from economics based field experiments, which enables us control for the risk attitudes of entrepreneurs. Empirical findings suggest that lower levels of wealth increase the probability of using a Small Business Innovation Research (SBIR) grant, but lower levels of wealth also reduce the probability of using loan financing. In addition results show that higher levels of risk aversion, but not wealth, increase the probability of financing firm start-ups with earnings from a second job. Overall, findings suggest that both wealth and risk attitudes may play an important role in the financing choice of entrepreneurs.10aFinance10aOSU-Cascades1 aElston, Julie1 aAudretsch, David, B. u/biblio/financing-entrepreneurial-decision-empirical-approach-using-experimental-data-us-high-200510nas a2200121 4500008004100000245008800041210006900129260002000198653001200218653001700230100001800247856012300265 2010 eng d00aAgency Costs, Dividends and Executive Compensation: Empirical Evidence from Germany0 aAgency Costs Dividends and Executive Compensation Empirical Evid aTampa, FLc201010aFinance10aOSU-Cascades1 aElston, Julie u/biblio/agency-costs-dividends-and-executive-compensation-empirical-evidence-germany-000443nas a2200121 4500008004100000245005700041210005400098260002600152653001200178653001700190100001800207856009600225 2010 eng d00aDIVIDENDS, EXECUTIVE COMPENSATION, AND AGENCY COSTS:0 aDIVIDENDS EXECUTIVE COMPENSATION AND AGENCY COSTS aChicago Il, USAc201010aFinance10aOSU-Cascades1 aElston, Julie u/biblio/dividends-executive-compensation-and-agency-costs-100414nas a2200121 4500008004100000245004600041210004600087260002400133653001200157653001700169100001800186856008800204 2010 eng d00aFinancing Entrepreneurship and Innovation0 aFinancing Entrepreneurship and Innovation aWashington DCc201010aFinance10aOSU-Cascades1 aElston, Julie u/biblio/financing-entrepreneurship-and-innovation-000379nas a2200121 4500008004100000245003500041210003300076260002700109653001200136653001700148100001800165856007400183 2010 eng d00aFirm Growth and Gibrat’s Law0 aFirm Growth and Gibrat s Law aStockholm Swedenc201010aFinance10aOSU-Cascades1 aElston, Julie u/biblio/firm-growth-and-gibrats-law-001242nas a2200157 4500008004100000245007500041210006900116260000900185300001000194490000700204520079300211653001201004653001701016100001801033856003301051 2010 eng d00aRisk Attitudes, Wealth and Sources of Entrepreneurial Start-up Capital0 aRisk Attitudes Wealth and Sources of Entrepreneurial Startup Cap c2010 a82-890 v763 aThis paper empirically examines the role of risk attitudes and wealth on financing choices for successful US entrepreneurs. Our approach uses both survey data and data from economics based field experiments, which enables us control for the risk attitudes of entrepreneurs. Empirical findings suggest that lower levels of wealth increase the probability of using a Small Business Innovation Research (SBIR) grant, but lower levels of wealth also reduce the probability of using loan financing. In addition results show that higher levels of risk aversion, but not wealth, increase the probability of financing firm start-ups with earnings from a second job. Overall, findings suggest that both wealth and risk attitudes may play an important role in the financing choice of entrepreneurs.10aFinance10aOSU-Cascades1 aElston, Julie uwww.elsevier.com/locate/jebo01697nas a2200169 4500008004100000245010700041210006900148260000900217300001200226490000700238520108600245653001201331653001701343100001801360700001601378856013301394 2010 eng d00aVenture Capital, Ownership Structure, Accounting Standards and IPO Underpricing: Evidence from Germany0 aVenture Capital Ownership Structure Accounting Standards and IPO c2010 a517-5360 v623 aThis study investigates the impact of venture capital (VC), ownership structure, and accounting standards on initial public offering (IPO) underpricing in Germany. Using data from Germany's Neuer Markt (NM), we test two key hypotheses regarding IPO underpricing; first, whether VC ownership and higher levels of post-IPO insider ownership result in lower underpricing, and second, whether additional information disclosure results in lower underpricing. Besides the standard underpricing measure, we also use a modified underpricing measure to better assess true entrepreneurial wealth loss. Robust findings indicate that none of these factors are significant in lowering IPO underpricing, which suggests the importance of examining standard theories within alternative institutional environments. Results are consistent with the stylized fact that Germany's NM firms had relatively minimal use of VC financing, which may point to not only a weaker role for venture capitalists in Germany but fewer incentives to reduce information asymmetry arising from outside ownership.

10aFinance10aOSU-Cascades1 aElston, Julie1 aYang, Jimmy u/biblio/venture-capital-ownership-structure-accounting-standards-and-ipo-underpricing-evidence-001361nas a2200169 4500008004100000245008200041210006900123260000900192300001200201490000700213520078900220653001201009653001701021100001801038700001701056856011801073 2009 eng d00aCorporate Governance and Capital Accumulation: Firm Level Evidence from Italy0 aCorporate Governance and Capital Accumulation Firm Level Evidenc c2009 a634-6610 v563 aThis study investigates the impact of investor protection on firm ownership and investment decisions in a model where investor protection is allowed to vary across firms. Using firm panel data for Italy, we construct firm level variables to capture the degree of investor protection which is specific to the firm and observable by outside shareholders. Empirical evidence indicates that the stronger the investor protections the lower the fraction of equity that is owned by insiders. Results also suggest that higher insider equity ownership is linked to a larger risk premium and higher costs of capital for the firm. Finally, our findings indicate that the magnitude of capital stock distortions is important when shareholder protection is weak and ownership concentration is high.10aFinance10aOSU-Cascades1 aElston, Julie1 aRondi, Laura u/biblio/corporate-governance-and-capital-accumulation-firm-level-evidence-italy-000439nas a2200121 4500008004100000245005600041210005400097260002300151653001200174653001700186100001800203856009600221 2009 eng d00aDividends, Executive Compensation, and Agency Costs0 aDividends Executive Compensation and Agency Costs aMilan, Italyc200910aFinance10aOSU-Cascades1 aElston, Julie u/biblio/dividends-executive-compensation-and-agency-costs-200556nas a2200121 4500008004100000245012700041210006900168260001800237653001200255653001700267100001800284856013200302 2009 eng d00aFinancing the Entrepreneurial Decision: An Empirical Approach Using Experimental Data on US High Technology Entrepreneurs0 aFinancing the Entrepreneurial Decision An Empirical Approach Usi aGermanyc200910aFinance10aOSU-Cascades1 aElston, Julie u/biblio/financing-entrepreneurial-decision-empirical-approach-using-experimental-data-us-high-300474nas a2200121 4500008004100000245006500041210006400106260003400170653001200204653001700216100001800233856010100251 2008 eng d00aDividends and Agency Issues: Empirical Evidence From Germany0 aDividends and Agency Issues Empirical Evidence From Germany aSt. John's Newfoundlandc200810aFinance10aOSU-Cascades1 aElston, Julie u/biblio/dividends-and-agency-issues-empirical-evidence-germany-000474nas a2200121 4500008004100000245006500041210006400106260003400170653001200204653001700216100001800233856010100251 2008 eng d00aDividends and Agency Issues: Empirical Evidence From Germany0 aDividends and Agency Issues Empirical Evidence From Germany aSt. John's Newfoundlandc200810aFinance10aOSU-Cascades1 aElston, Julie u/biblio/dividends-and-agency-issues-empirical-evidence-germany-100368nas a2200121 4500008004100000245003100041210003100072260002300103653001200126653001700138100001800155856007300173 2008 eng d00aFinancing Entrepreneurship0 aFinancing Entrepreneurship aJena Germanyc200810aFinance10aOSU-Cascades1 aElston, Julie u/biblio/financing-entrepreneurship-200583nas a2200133 4500008004100000245012300041210006900164260002000233653001200253653001700265100001600282700001800298856013300316 2008 eng d00aThe impact of accounting standards and ownership structure on IPO underpricing: evidence from Germany’s Neuer Market0 aimpact of accounting standards and ownership structure on IPO un aLas Vegasc200810aFinance10aOSU-Cascades1 aYang, Jimmy1 aElston, Julie u/biblio/impact-accounting-standards-and-ownership-structure-ipo-underpricing-evidence-germanys-100584nas a2200133 4500008004100000245012000041210006900161260002400230653001200254653001700266100001600283700001800299856013300317 2008 eng d00aThe Impact of Accounting Standards and Ownership Structure on IPO Underpricing: Evidence from Germany's Neuer Markt0 aImpact of Accounting Standards and Ownership Structure on IPO Un aLas Vegas, NVc200810aFinance10aOSU-Cascades1 aYang, Jimmy1 aElston, Julie u/biblio/impact-accounting-standards-and-ownership-structure-ipo-underpricing-evidence-germanys-000382nas a2200121 4500008004100000245003600041210003600077260002600113653001200139653001700151100001800168856007400186 2007 eng d00aCharacterizing the Entrepreneur0 aCharacterizing the Entrepreneur aRiverwalk Hotelc200710aFinance10aOSU-Cascades1 aElston, Julie u/biblio/characterizing-entrepreneur-000373nas a2200121 4500008004100000245003100041210003100072260002800103653001200131653001700143100001800160856007300178 2007 eng d00aFinancing Entrepreneurship0 aFinancing Entrepreneurship aTegernsee Germanyc200710aFinance10aOSU-Cascades1 aElston, Julie u/biblio/financing-entrepreneurship-300368nas a2200121 4500008004100000245003100041210003100072260002300103653001200126653001700138100001800155856007300173 2007 eng d00aFinancing Entrepreneurship0 aFinancing Entrepreneurship aOSU Cascadesc200710aFinance10aOSU-Cascades1 aElston, Julie u/biblio/financing-entrepreneurship-401371nas a2200169 4500008004100000245009100041210006900132260000900201300001200210490000700222520078800229653001201017653001701029100001801046700001701064856012001081 2007 eng d00aShareholder Protection and the Cost of Capital: Evidence from German and Italian Firms0 aShareholder Protection and the Cost of Capital Evidence from Ger c2007 a153-1720 v183 aWe investigate the interaction of investor protection, ownership concentration and firms’ financing and investment decisions in a model where investor protection is allowed to vary across firms. Using firm panel data for Italy, we construct firm level variables to capture the degree of investor protection which is specific to the firm and observable by outside shareholders. We find that the stronger the investor protections the lower the fraction of equity that is owned by insiders. We also find that the higher the insider equity ownership the higher the idiosyncratic risk premium in the cost of capital. Finally, our results indicate that the magnitude of capital stock distortions is quite important when shareholder protection is weak and ownership concentration is high.10aFinance10aOSU-Cascades1 aElston, Julie1 aRondi, Laura u/biblio/shareholder-protection-and-cost-capital-evidence-german-and-italian-firms-001602nas a2200169 4500008004100000245010200041210006900143260000900212300000900221490000700230520098700237653001201224653001701236100002501253700001801278856013601296 2006 eng d00aCan Institutional Change Impact High-Technology Firm Growth: Evidence from Germany's Neuer Markt0 aCan Institutional Change Impact HighTechnology Firm Growth Evide c2006 a9-230 v253 aTo facilitate the transformation of the German economy from the traditional manufacturing industries towards emerging new technologies, a new segment of the Frankfurt exchange was introduced in 1997 — the Neuer Markt. To examine whether the Neuer Markt was successful, we compare the relationship between firm size and growth for firms listed on the Neuer Markt and contrast the results with two benchmarks: (1) for German firms prior to the 1990s (to reflect the older traditional manufacturing sector) and (2) for the stylized results for the US. This study provides evidence that not only did many new firms obtain funding from the Neuer Markt; but that for the first time in recent history, Germany succeeded in enabling smaller firms to grow faster than larger firms. This suggests that the new policies were not only successful in promoting a new type of firm that otherwise might not exist, but in transforming the sources of growth and innovation within the German economy.10aFinance10aOSU-Cascades1 aAudretsch, David, B.1 aElston, Julie u/biblio/can-institutional-change-impact-high-technology-firm-growth-evidence-germanys-neuer-markt-001243nas a2200169 4500008004100000245008000041210006900121260000900190300001000199490000700209520067200216653001200888653001700900100002500917700001800942856011300960 2006 eng d00aFinance, Control and Profitability: An Evaluation of German Bank Influence0 aFinance Control and Profitability An Evaluation of German Bank I c2006 a69-880 v593 aBank intermediated finance has been cited frequently as the preferred means for channeling funds from savers to firms. Germany is the prototypical economy where powerful universal banks allegedly exert substantial influence over firms. Despite frequent assertions about the advantages of a bank relation, empirical support is mixed. With a unique dataset and a focus on the fragility/sturdiness of inferences, this paper evaluates German bank influence in terms of three hypotheses: (1) do bank influenced firms enjoy lower finance costs? (No); (2) is bank influence a solution to control problems? (Yes); (3) do bank influenced firms have higher profitability? (No).10aFinance10aOSU-Cascades1 aChirinko, Robert, S.1 aElston, Julie u/biblio/finance-control-and-profitability-evaluation-german-bank-influence-200365nas a2200121 4500008004100000245003000041210003000071260002300101653001200124653001700136100001800153856007200171 2006 eng d00aFinancing Entrpreneurship0 aFinancing Entrpreneurship aJena Germanyc200610aFinance10aOSU-Cascades1 aElston, Julie u/biblio/financing-entrpreneurship-000449nas a2200145 4500008004100000245005000041210004900091260000900140300001000149490000600159653001200165653001700177100001800194856009100212 2004 eng d00aBank Influence, Firm Performance and Survival0 aBank Influence Firm Performance and Survival c2004 a65-710 v110aFinance10aOSU-Cascades1 aElston, Julie u/biblio/bank-influence-firm-performance-and-survival-000462nas a2200121 4500008004100000245006200041210006100103260002600164653001200190653001700202100001800219856010300237 2004 eng d00aDividend Policy, Agency Costs and Institutional Ownership0 aDividend Policy Agency Costs and Institutional Ownership aBerlin, Germanyc200410aFinance10aOSU-Cascades1 aElston, Julie u/biblio/dividend-policy-agency-costs-and-institutional-ownership-000534nas a2200121 4500008004100000245010200041210006900143260002300212653001200235653001700247100001800264856013000282 2004 eng d00aShareholder Protection and the Cost of Capital: Empirical Evidence from German and Italian Firms0 aShareholder Protection and the Cost of Capital Empirical Evidenc aJena Germanyc200410aFinance10aOSU-Cascades1 aElston, Julie u/biblio/shareholder-protection-and-cost-capital-empirical-evidence-german-and-italian-firms-000548nas a2200121 4500008004100000245010300041210006900144260002900213653001200242653001700254100001800271856013700289 2004 eng d00aValuation Differences under 3 Accounting Standards: Empirical Evidence from Germany's Neuer Markt0 aValuation Differences under 3 Accounting Standards Empirical Evi aFrankfurt, Germanyc200410aFinance10aOSU-Cascades1 aElston, Julie u/biblio/valuation-differences-under-3-accounting-standards-empirical-evidence-germanys-neuer-markt-100543nas a2200121 4500008004100000245010300041210006900144260002400213653001200237653001700249100001800266856013700284 2004 eng d00aValuation Differences under 3 Accounting Standards: Empirical Evidence from Germany's Neuer Markt0 aValuation Differences under 3 Accounting Standards Empirical Evi aJena, Germanyc200410aFinance10aOSU-Cascades1 aElston, Julie u/biblio/valuation-differences-under-3-accounting-standards-empirical-evidence-germanys-neuer-markt-200482nas a2200121 4500008004100000245007300041210006900114260001900183653001200202653001700214100001800231856011100249 2003 eng d00aDividend Policy, Agency Costs and Institutional Ownership in Germany0 aDividend Policy Agency Costs and Institutional Ownership in Germ aTampa FLc200310aFinance10aOSU-Cascades1 aElston, Julie u/biblio/dividend-policy-agency-costs-and-institutional-ownership-germany-300472nas a2200121 4500008004100000245007300041210006900114260000900183653001200192653001700204100001800221856011100239 2003 eng d00aDividend Policy, Agency Costs and Institutional Ownership in Germany0 aDividend Policy Agency Costs and Institutional Ownership in Germ c200310aFinance10aOSU-Cascades1 aElston, Julie u/biblio/dividend-policy-agency-costs-and-institutional-ownership-germany-200984nas a2200169 4500008004100000245005500041210005500096260000900151300001400160490000700174520047200181653001200653653001700665100001800682700002000700856009400720 2003 eng d00aExecutive Compensation and Agency Costs in Germany0 aExecutive Compensation and Agency Costs in Germany c2003 a1391-14100 v273 aWith the growth of international mergers like DaimlerChrysler, interest in executive compensation practices abroad, particularly in Germany, has increased. Using unique data sources for Germany, we find that similar to US firms, German firms also have agency problems caused by the separation of ownership from control, with ownership dispersion leading to higher compensation. In addition, there is evidence that bank influence has a negative impact on compensation.10aFinance10aOSU-Cascades1 aElston, Julie1 aGoldberg, Larry u/biblio/executive-compensation-and-agency-costs-germany-200496nas a2200121 4500008004100000245008000041210006900121260002400190653001200214653001700226100001800243856011300261 2003 eng d00aFinance, Profitability and Control: An Evaluation of German Bank Influence0 aFinance Profitability and Control An Evaluation of German Bank I aSan Diego, CAc200310aFinance10aOSU-Cascades1 aElston, Julie u/biblio/finance-profitability-and-control-evaluation-german-bank-influence-001344nas a2200193 4500008004100000245012800041210006900169260000900238300001200247490000700259520064000266653001200906653001700918100001800935700001800953700002200971700001900993856013801012 2003 eng d00aFinancial Factors and Investment in Belgium, France, Germany, and the United Kingdom: A Comparison Using Company Panel Data0 aFinancial Factors and Investment in Belgium France Germany and t c2003 a153-1650 v853 aWe construct company panel data sets for manufacturing firms in Belgium, France, Germany, and the United Kingdom, covering the period 1978-1989. These data sets are used to estimate empirical investment equations, and to investigate the role played by financial factors in each country. A robust finding is that cash flow and profits terms appear to be both statistically and quantitatively more significant in the United Kingdom than in the three continental European countries. This is consistent with the suggestion that financial constraints on investment may be relatively severe in the more market-oriented U.K. financial system.10aFinance10aOSU-Cascades1 aBond, Stephen1 aElston, Julie1 aMairesse, Jacques1 aMulkay, Benoit u/biblio/financial-factors-and-investment-belgium-france-germany-and-united-kingdom-comparison-using-000499nas a2200121 4500008004100000245008400041210006900125260002200194653001200216653001700228100001800245856011400263 2003 eng d00aFinancing Technology Growth in the 21st Century: Can Policy Make a Difference?0 aFinancing Technology Growth in the 21st Century Can Policy Make  aFairfax, VAc200310aFinance10aOSU-Cascades1 aElston, Julie u/biblio/financing-technology-growth-21st-century-can-policy-make-difference-000482nas a2200121 4500008004100000245007600041210006900117260002100186653001200207653001700219100001800236856010600254 2003 eng d00aFinancing Technology Growth in the 21st Century: Germany in Transition0 aFinancing Technology Growth in the 21st Century Germany in Trans aAlbany, NYc200310aFinance10aOSU-Cascades1 aElston, Julie u/biblio/financing-technology-growth-21st-century-germany-transition-300474nas a2200121 4500008004100000245007600041210006900117260001300186653001200199653001700211100001800228856010600246 2003 eng d00aFinancing Technology Growth in the 21st Century: Germany in Transition0 aFinancing Technology Growth in the 21st Century Germany in Trans aTXc200310aFinance10aOSU-Cascades1 aElston, Julie u/biblio/financing-technology-growth-21st-century-germany-transition-400485nas a2200121 4500008004100000245007600041210006900117260002400186653001200210653001700222100001800239856010600257 2003 eng d00aFinancing Technology Growth in the 21st Century: Germany in Transition0 aFinancing Technology Growth in the 21st Century Germany in Trans aFullerton, CAc200310aFinance10aOSU-Cascades1 aElston, Julie u/biblio/financing-technology-growth-21st-century-germany-transition-200301nas a2200121 4500008004100000245001300041210001300054260000900067653001200076653001700088100001800105856005600123 2003 eng d00aUntitled0 aUntitled c200310aFinance10aOSU-Cascades1 aElston, Julie u/biblio/untitled-1800475nas a2200121 4500008004100000245007000041210006800111260002000179653001200199653001700211100001800228856010700246 2002 eng d00aChanging Policies and New Economic Growth: Germany in Transition0 aChanging Policies and New Economic Growth Germany in Transition aMalibu CAc200210aFinance10aOSU-Cascades1 aElston, Julie u/biblio/changing-policies-and-new-economic-growth-germany-transition-200480nas a2200121 4500008004100000245007000041210006800111260002500179653001200204653001700216100001800233856010700251 2002 eng d00aChanging Policies and New Economic Growth: Germany in Transition0 aChanging Policies and New Economic Growth Germany in Transition aBloomington INc200210aFinance10aOSU-Cascades1 aElston, Julie u/biblio/changing-policies-and-new-economic-growth-germany-transition-100338nas a2200121 4500008004100000245002500041210002000066260002100086653001200107653001700119100001800136856006200154 2002 eng d00aThe Digital Economy?0 aDigital Economy aOrlando FLc200210aFinance10aOSU-Cascades1 aElston, Julie u/biblio/digital-economy-000545nas a2200121 4500008004100000245011000041210006900151260002200220653001200242653001700254100001800271856013400289 2002 eng d00aA Preliminary Examination of the Relationship Between Firm Size, Growth, and Liquidity in the Neuer Markt0 aPreliminary Examination of the Relationship Between Firm Size Gr aAtlanta, GAc200210aFinance10aOSU-Cascades1 aElston, Julie u/biblio/preliminary-examination-relationship-between-firm-size-growth-and-liquidity-neuer-markt-200544nas a2200121 4500008004100000245011000041210006900151260002100220653001200241653001700253100001800270856013400288 2002 eng d00aA Preliminary Examination of the Relationship Between Firm Size, Growth, and Liquidity in the Neuer Markt0 aPreliminary Examination of the Relationship Between Firm Size Gr aSeattle WAc200210aFinance10aOSU-Cascades1 aElston, Julie u/biblio/preliminary-examination-relationship-between-firm-size-growth-and-liquidity-neuer-markt-100383nas a2200121 4500008004100000245003800041210003600079260002500115653001200140653001700152100001800169856007400187 2002 eng d00aWhat's New About the New Economy?0 aWhats New About the New Economy aWinter Park FLc200210aFinance10aOSU-Cascades1 aElston, Julie u/biblio/whats-new-about-new-economy-101719nas a2200169 4500008004100000245007100041210006900112260000900181300001200190490000700202520116400209653001201373653001701385100002201402700001801424856010701442 2001 eng d00aBank-firm relationships, financing and firm performance in Germany0 aBankfirm relationships financing and firm performance in Germany c2001 a225-2320 v723 aClose bank”firm relationships that characterize the financial systems in Germany and Japan are often credited for reducing agency costs and increasing access to capital, thus improving the performance of firms. Critics of these banking systems cite the alternative possibility that conflicts of interests may also arise from both the banks' multiple roles with the firm, and the opportunity the banks have to use private information to shift risk or to otherwise participate in rent-seeking activities. We extend the empirical literature by systematically investigating the impact of bank-influence on the financing choices and performance of the firm. We find that bank-influenced firms in Germany do benefit from increased access to capital. There is, however, no evidence to support the hypothesis of either higher profitability or growth for bank-influenced firms. Results suggest that the interest payments to debt ratio is significantly higher for bank-influenced firms, which supports the hypothesis that German universal banks may engage in rent-seeking activities and provides evidence of a conflicting interests between creditors and shareholders.10aFinance10aOSU-Cascades1 aAgarwal, Rajshree1 aElston, Julie u/biblio/bank-firm-relationships-financing-and-firm-performance-germany01309nas a2200169 4500008004100000245011400041210006900155260000900224300000900233490000700242520068700249653001200936653001700948100002500965700001800990856013101008 2001 eng d00aDoes firm size matter? Evidence on the impact of liquidity constraints on firm investment behavior in Germany0 aDoes firm size matter Evidence on the impact of liquidity constr c2001 a1-170 v203 aThis paper examines the link between liquidity constraints and investment behavior for German firms of different sizes from 1970 to 1986. Results indicate that medium sized firms appear to be more liquidity constrained in their investment behavior than either the smallest or largest firms in the study, suggesting that the unique German infrastructure designed to assist the small firm has indeed succeeded in alleviating, to some degree, such liquidity constraints. Findings also support the hypothesis that the emerging competition and internationalism which characterized the German financial markets in the 1980s, have been improving access to capital for some groups of firms.10aFinance10aOSU-Cascades1 aAudretsch, David, B.1 aElston, Julie u/biblio/does-firm-size-matter-evidence-impact-liquidity-constraints-firm-investment-behavior-000471nas a2200133 4500008004100000245005500041210005500096260002500151653001200176653001700188100001800205700002000223856009400243 2001 eng d00aExecutive Compensation and Agency Costs in Germany0 aExecutive Compensation and Agency Costs in Germany aDublin Irelandc200110aFinance10aOSU-Cascades1 aElston, Julie1 aGoldberg, Larry u/biblio/executive-compensation-and-agency-costs-germany-300369nas a2200121 4500008004100000245003200041210003200073260002400105653001200129653001700141100001800158856007100176 2001 eng d00aGrowth of Neuer Markt Firms0 aGrowth of Neuer Markt Firms aWashington DCc200110aFinance10aOSU-Cascades1 aElston, Julie u/biblio/growth-neuer-markt-firms-000416nas a2200121 4500008004100000245004900041210004300090260002900133653001200162653001700174100001800191856008500209 2001 eng d00aThe Neuer Markt: Real and Financial Factors,0 aNeuer Markt Real and Financial Factors aFrankfurt, Germanyc200110aFinance10aOSU-Cascades1 aElston, Julie u/biblio/neuer-markt-real-and-financial-factors-000381nas a2200121 4500008004100000245003700041210003600078260002400114653001200138653001700150100001800167856007400185 2001 eng d00aWhat's New About the New Economy0 aWhats New About the New Economy aWashington DCc200110aFinance10aOSU-Cascades1 aElston, Julie u/biblio/whats-new-about-new-economy-200407nas a2200121 4500008004100000245004400041210004400085260002300129653001200152653001700164100001800181856008600199 1999 eng d00aExecutive Compensation and Agency Costs0 aExecutive Compensation and Agency Costs aSan Diego CAc199910aFinance10aOSU-Cascades1 aElston, Julie u/biblio/executive-compensation-and-agency-costs-000387nas a2200121 4500008004100000245003700041210003700078260002700115653001200142653001700154100001800171856007600189 1999 eng d00aFunding Gaps in Germany Industry0 aFunding Gaps in Germany Industry aWarwick, Englandc199910aFinance10aOSU-Cascades1 aElston, Julie u/biblio/funding-gaps-germany-industry-001235nas a2200181 4500008004100000245008700041210006900128260000900197300001200206490000700218520063100225653001200856653001700868100001800885710001800903710001800921856011400939 1999 eng d00aMarket Linkages Between the US and Japan: An Application to the Fisheries Industry0 aMarket Linkages Between the US and Japan An Application to the F c1999 a517-5300 v113 aRecent trends in globalization of Pacific Basin commodity markets raises important questions concerning the nature of market integration and price linkages. This paper examines this issue by testing for price linkages between the United States and Japan for two species whose exports from the U.S. to Japan have risen considerably over the past decade. Empirical results indicate segmentation of price linkages for sablefish but probable price linkages for some thornyhead markets. Findings suggest that markets for these species may be less sensitive to price changes in Japan than would be expected based on commodity flows.10aFinance10aOSU-Cascades1 aElston, Julie1 aEmptyAuthNode1 aEmptyAuthNode u/biblio/market-linkages-between-us-and-japan-application-fisheries-industry-001429nas a2200169 4500008004100000245003700041210003700078260000900115300001100124490000600135520097500141653001201116653001701128100002101145700001801166856007501184 1997 eng d00aFinancing the German Mittelstand0 aFinancing the German Mittelstand c1997 a97-1100 v93 aThis paper describes how the German Mittelstand, or small- and medium-sized enterprises, are financed in Germany. The role of the German Mittelstand, both in a static and in a dynamic framework, is described and contrasted with that of the same size group in other leading industrialised countries. We find that in general, the Mittelstand has played a mmore important role in Germany than in other industrialised nations, such as the United States or the United Kingdom. The traditional success of the German Mittelstand is partly attributable to a system of finance that is richly layered by complementary institutions designed to meet the financial needs of both large and smaller enterprises. However, we find evidence that even under the German system of finance liquidity constraints exist and are greater for smaller firms. The German system of finance moreover seems particularly deficient in the channeling of funds to new firm startups in the newer industries.10aFinance10aOSU-Cascades1 aAudretsch, David1 aElston, Julie u/biblio/financing-german-mittelstand-001197nas a2200157 4500008004100000245007500041210006900116260000900185300001200194490000700206520066800213653001200881653001700893100001800910856011100928 1996 eng d00aDividend policy and investment: Theory and evidence from US panel data0 aDividend policy and investment Theory and evidence from US panel c1996 a267-2750 v173 aThis paper examines the importance of dividend policy and liquidity constraints in the context of the firm's investment behaviour. While early financial literature has argued that dividend policy should be independent of firm investment decisions, recent studies indicate that linkages are probable in a world of imperfect capital markets. This study develops an alternative Q specification which incorporates the actual dividend payment of the firm in order to test the hypothesis of independence. Empirical results suggest that after controlling for the firm's dividend payment, liquidity constraints remain an important determinant of firm investment behavior.10aFinance10aOSU-Cascades1 aElston, Julie u/biblio/dividend-policy-and-investment-theory-and-evidence-us-panel-data-000493nas a2200121 4500008004100000245007900041210006900120260002200189653001200211653001700223100001800240856011300258 1996 eng d00aFinance, Control and Profitability: An Evaluation of German Bank Influence0 aFinance Control and Profitability An Evaluation of German Bank I aPasadena CAc199610aFinance10aOSU-Cascades1 aElston, Julie u/biblio/finance-control-and-profitability-evaluation-german-bank-influence-300498nas a2200121 4500008004100000245007900041210006900120260002700189653001200216653001700228100001800245856011300263 1996 eng d00aFinance, Control and Profitability: An Evaluation of German Bank Influence0 aFinance Control and Profitability An Evaluation of German Bank I aSan Francisco CAc199610aFinance10aOSU-Cascades1 aElston, Julie u/biblio/finance-control-and-profitability-evaluation-german-bank-influence-400477nas a2200157 4500008004100000245004700041210004700088260000900135300001200144490000600156653001200162653001700174100002100191700001800212856008900230 1996 eng d00aLe Financement de la Mittelstand Allemande0 aLe Financement de la Mittelstand Allemande c1996 a121-1470 v810aFinance10aOSU-Cascades1 aAudretsch, David1 aElston, Julie u/biblio/le-financement-de-la-mittelstand-allemande-000480nas a2200145 4500008004100000245006200041210006000103260000900163300001200172490000600184653001200190653001700202100001800219856009700237 1995 eng d00aBanks, Finance and Investment in German: A Review Article0 aBanks Finance and Investment in German A Review Article c1995 a475-4790 v710aFinance10aOSU-Cascades1 aElston, Julie u/biblio/banks-finance-and-investment-german-review-article-000510nas a2200157 4500008004100000245006100041210006100102260000900163300000900172490000600181653001200187653001700199100001800216700001800234856010000252 1994 eng d00aBank Affiliations and Firm Capital Investment in Germany0 aBank Affiliations and Firm Capital Investment in Germany c1994 a1-150 v110aFinance10aOSU-Cascades1 aElston, Julie1 aAlbach, Horst u/biblio/bank-affiliations-and-firm-capital-investment-germany-000551nas a2200121 4500008004100000245011500041210006900156260002500225653001200250653001700262100001800279856013200297 1994 eng d00aDoes Firm Size Matter? Evidence on the Impacts of Liquidity Constraints on firm Investment Behavior in Germany0 aDoes Firm Size Matter Evidence on the Impacts of Liquidity Const aChania, Greecec199410aFinance10aOSU-Cascades1 aElston, Julie u/biblio/does-firm-size-matter-evidence-impacts-liquidity-constraints-firm-investment-behavior-0