The Influence of the Financial Revolution on the Nature of Firms

Raghuram Rajan and Luigi Zingales

No 2782, CEPR Discussion Papers from C.E.P.R. Discussion Papers

Abstract: Major technological, regulatory, and institutional changes have made finance more widely available in recent years, amounting to a bona fide ?financial revolution?. In this article, we focus on the impact the financial revolution has had on the way firms are (or should be) organized and managed, and on the policy consequences.

Keywords: Financial revolution; Theory of the firm; Corporate governance (search for similar items in EconPapers)
JEL-codes: L20 (search for similar items in EconPapers)
Date: 2001-05
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Citations: View citations in EconPapers (52)

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Journal Article: The Influence of the Financial Revolution on the Nature of Firms (2001)
Working Paper: The Influence of the Financial Revolution on the Nature of Firms (2001)
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