Working Papers

These papers are working drafts of research which often appear in final form in academic journals. The published versions may differ from the working versions provided here.

SSRN Research Paper Series

The Social Science Research Network’s Research Paper Series includes working papers produced by Stanford GSB the Rock Center.

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Academic Area
Centers & Initiatives
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On Stockholder Unanimity in Making Production and Financial Decisions

Sanford J. Grossman, Joseph E. Stiglitz
1976

Abstract not available.

The Efficiency and Profitability of Minority Controlled Savings and Loan Associations

Lewis J. Spellman, Alfred E. Osborne, William D. Bradford
1976

Abstract not available.

The Structure and Management of Dual Purpose Funds

Robert H. Litzenberger, Howard B. Sosin
1976

Abstract not available.

Welfare Effects of Changes in the Variability of Prices and of Outputs

George M. Feiger
1976

Abstract not available.

A Bayesian Approach to the Production of Information and Learning By Doing

Sanford J. Grossman, Richard E. Kihlstrom, Leonard J. Mirman
1975

Abstract not available.

Capital Market Equilibrium with Marketability Restrictions

Ney O. Brito
1975

Abstract not available.

How Do Institutional Investors Perceive Risk?

Jack McDonald, R. Stehle
1975

Monetary Rules and the Nominal Rate of Interest Under Uncertainty

Frederick L.A. Grauer, Robert H. Litzenberger
1975

Abstract not available.

On Mean Variance Models of Capital Structure and the Absurdity of Their Predictions

Nestor Gonzalez, Robert H. Litzenberger, Jacques Rolfo
1975

Abstract not available.

Sharing Rules and Equilibrium in an International Capital Market Under Uncertainty

Frederick L.A. Grauer, Robert H. Litzenberger, Richard E. Stehle
1975

Abstract not available.

The Theory of Recapitalizations Under Incomplete Capital Markets and the Evidence of Dual Purpose Funds

Robert H. Litzenberger, Howard B. Sosin
1975

Abstract not available.

Closed-End Investment Companies in the United States: Risk and Return

William F. Sharpe, Howard B. Sosin
1974

Abstract not available.

Corporate Liquidity and Bankruptcy Costs

James C. Van Horne (1935–2025)
1974

In this paper, the valuation of corporate liquidity is analyzed under conditions of perfect and complete capital markets as well as under conditions where bankruptcy costs exist. Heretofore, the valuation of liquidity has not been examined in a…

Dividend, Investment And Financing Decisions: Empirical Evidence On French Firms

Jack McDonald, Bertrand Jacquillat, Maurice Nussenbaum
1974

Abstract not available.