Handbook of the Economics of Finance

Corporate Finance

Edited by

  • George M. Constantinides, University of Chicago, Chicago, IL, USA
  • Milton Harris, University of Chicago, Chicago, IL, USA
  • Rene M. Stulz, The Ohio State University, Columbus, OH, USA

In the 11 articles in this first of two parts, top scholars summarize and analyze recent scholarship in corporate finance.  Covering subjects from corporate taxes to behavioral corporate finance and econometric issues, their articles reveal how specializations resonate with each other and indicate likely directions for future research. By including both established and emerging topics, Volume 2 will have the same long shelf life and high citations that characterize Volume 1 (2003).
View full description


Graduate students and professors worldwide working in all subdisciplines of economics and finance.


Book information

  • Published: December 2012
  • Imprint: NORTH-HOLLAND
  • ISBN: 978-0-444-53594-8


"A scholarly compendium of contemporary research in Financial Economics which will be of great value not only for researchers in finance but also for researchers in many other of economics including money and banking, growth and development, international economics, public finance, and macro economics."

Edward C. Prescott, Nobel Laureate, Arizona State University

"This Handbook provides a timely and comprehensive account of the state-of-the-art of Financial Economics, including corporate finance and asset pricing, written by many of the leading names in their respective fields."

Harry M.Markowitz, Nobel Laureate, University of California, San Diego

Table of Contents

  1. Securitization (G. Gorton, A. Metrick)
  2. Dynamic Security Design and Corporate Financing (Y. Sannikov)
  3. Do Taxes Affect Corporate Decisions? A Review (J. Graham)
  4. Executive Compensation: Where We are, and How We Got There (K. Murphy)
  5. Behavioral Corporate Finance: An Updated Survey (M. Baker, J. Wurgler)
  6. Law and Finance After a Decade of Research (R. La Porta, F. Lopez-de-Silanes, A. Shleifer)
  7. Endogeneity in Empirical Corporate Finance (M. Roberts, T. Whited)
  8. A Survey of Venture Capital Research (M. Da Rin, T. Hellman, M. Puri)
  9. Entrepreneurship and the Family Firm (V. Mehrotra, R. Morck)
  10. Financing in Developing Countries (M. Ayyagari, A. Demirguc-Kunt, V. Maksimovic)
  11. Financial Intermediation, Markets, and Alternative Financial Sectors (F. Allen, E. Carletti, J. Qian)