Access Statistics for Michael Steven Weisbach

Author contact details at EconPapers.

Working Paper File Downloads Abstract Views
Last month 3 months 12 months Total Last month 3 months 12 months Total
A Framework for Assessing Corporate Governance Reform 0 0 0 257 2 6 10 850
All Clear for Takeoff: Evidence from Airports on the Effects of Infrastructure Privatization 0 0 0 12 3 7 20 50
All Clear for Takeoff: Evidence from Airports on the Effects of Infrastructure Privatization 0 0 0 4 2 6 15 27
Assessing Managerial Ability: Implications for Corporate Governance 0 1 1 27 2 6 15 51
Assessing Managerial Ability: Implications for Corporate Governance 0 0 0 44 0 4 14 110
Boards of Directors as an Endogenously Determined Institution: A Survey of the Economic Literature 0 1 2 917 17 19 62 2,890
Borrow Cheap, Buy High? The Determinants of Leverage and Pricing in Buyouts 0 1 1 41 3 7 17 230
Borrow Cheap, Buy High? The Determinants of Leverage and Pricing in Buyouts 0 0 0 36 0 4 12 204
Borrow Cheap, Buy High? The Determinants of Leverage and Pricing in Buyouts 0 0 1 123 2 3 14 489
Borrow Cheap, Buy High? The Determinants of Leverage and Pricing in Buyouts 0 0 0 52 5 8 14 204
Borrow cheap, buy high? The determinants of leverage and pricing in buyouts 0 0 0 1 2 6 16 19
Borrow cheap, buy high? The determinants of leverage and pricing in buyouts 0 0 1 13 1 2 15 107
Buyouts: A Primer 0 0 0 5 4 4 10 37
Buyouts: A Primer 0 1 2 27 0 3 8 50
CEO Investment Cycles 0 0 0 15 3 4 17 141
CEO Investment Cycles 0 0 0 32 2 3 6 76
Climate Change, Demand Uncertainty, and Firms' Investments: Evidence from Planned Power Plants 0 0 0 12 0 2 18 38
Climate Change, Operating Flexibility and Corporate Investment Decisions 0 1 2 49 3 9 23 108
Climate Change, Operating Flexibility, and Corporate Investment Decisions 0 0 0 32 1 4 10 39
Corporate Demand for Liquidity 0 2 3 428 2 5 24 1,348
Corporate Financial and Investment Policies When Future Financing Is Not Frictionless 0 1 1 77 2 4 16 340
Corporate Financial and Investment Policies when Future Financing is not Frictionless 0 0 1 162 3 5 15 684
Corporate Governance and Hostile Takeover 0 0 0 1 3 3 10 1,716
Corporate Liquidity Management: A Conceptual Framework and Survey 0 1 1 194 3 11 43 836
Corporate Liquidity Management: A Conceptual Framework and Survey 0 0 1 44 5 6 18 239
Corporate Liquidity, Acquisitions, and Macroeconomic Conditions 0 0 0 11 2 2 8 48
Corporate Liquidity, Acquisitions, and Macroeconomic Conditions 0 1 1 20 5 6 13 91
Cross-Border Mergers and Acquisitions 0 0 0 15 0 3 9 41
Cross-Border Mergers and Acquisitions 0 2 5 43 3 9 22 65
Did Securitization Affect the Cost of Corporate Debt? 0 0 0 33 3 4 10 183
Did Securitization Affect the Cost of Corporate Debt? 0 0 0 24 1 4 8 123
Discount Rate Risk in Private Equity: Evidence from Secondary Market Transactions 0 0 0 13 3 3 8 45
Discount Rate Risk in Private Equity: Evidence from Secondary Market Transactions 0 1 1 13 2 8 22 60
Do Acquisitions Relieve Target Firms' Financial Constraints? 1 2 2 84 3 5 15 198
Do Acquisitions Relieve Target Firms' Financial Constraints? 0 0 0 24 2 3 7 94
Do Firms Go Public to Raise Capital? 0 1 1 255 2 4 7 1,076
Does Uncertainty about Management Affect Firms' Costs of Borrowing? 0 0 0 5 1 2 5 48
Does Uncertainty about Management Affect Firms’ Costs of Borrowing? 0 0 0 14 1 3 8 62
Endogenously Chosen Boards of Directors and Their Monitoring of the CEO 0 2 6 513 15 30 57 1,621
Endogenously Chosen Boards of Directors and Their Monitoring of the CEO 0 1 3 587 15 20 40 2,027
Equity-Holding Institutional Lenders: Do They Receive Better Terms? 0 0 0 13 1 2 9 100
Equity-Holding Institutional Lenders: Do they Receive Better Terms? 0 0 0 8 0 2 8 99
Financing-Motivated Acquisitions 0 0 0 19 5 6 16 95
Financing-Motivated Acquisitions 0 0 0 8 2 2 5 48
Horses and Rabbits? Optimal Dynamic Capital Structure from Shareholder and Manager Perspectives 0 0 0 395 0 2 8 1,614
Hospital Governance, Performance Objectives, and Organizational Form 0 1 1 1,105 5 9 22 4,642
How Financial Management Affects Institutional Investors’ Portfolio Choices: Evidence from Insurers 0 0 0 25 2 2 6 58
How Management Risk Affects Corporate Debt 0 0 0 49 1 5 16 101
How Management Risk Affects Corporate Debt 0 0 0 33 4 9 20 94
Incentives of Divisional Managers: Evidence from Texax Banks 0 0 0 0 0 1 4 234
Incentives of Private Equity General Partners from Future Fundraising 0 0 1 40 1 3 14 152
Indirect Incentives of Hedge Fund Managers 0 0 0 14 1 1 5 50
Indirect Incentives of Hedge Fund Managers 0 0 0 38 2 6 18 92
Information Disclosure and Corporate Governance 0 0 0 130 2 3 9 383
Information Disclosure and Corporate Governance 0 0 2 153 1 2 11 477
Learning about CEO Ability and Stock Return Volatility 0 0 0 27 1 1 6 94
Learning about CEO Ability and Stock Return Volatility 0 0 0 19 2 3 12 109
Leverage and Pricing in Buyouts: An Empirical Analysis 0 0 4 267 2 2 19 720
Leverage and Pricing in Buyouts: An Empirical Analysis 0 0 3 205 3 5 14 539
Limited Partner Performance and the Maturing of the Private Equity Industry 0 0 0 11 2 2 7 70
Limited Partner Performance and the Maturing of the Private Equity Industry 1 1 3 19 3 4 12 124
Macroeconomic Conditions and Capital Raising 0 0 0 56 4 5 12 249
Macroeconomic Conditions and Capital Raising 0 1 1 113 4 6 17 434
Macroeconomic Conditions and Capital Raising 0 0 2 93 5 7 22 466
Management Risk and the Cost of Borrowing 0 0 0 7 2 2 9 89
Market Conditions and the Structure of Securities 0 0 0 29 3 3 7 201
Market Conditions and the Structure of Securities 0 0 0 20 2 2 5 88
Measuring Institutional Investors' Skill from Their Investments in Private Equity 0 0 0 9 4 5 9 45
Measuring Institutional Investors’ Skill from Their Investments in Private Equity 0 0 0 3 4 4 14 45
Measuring Investment Distortions when Risk-Averse Managers Decide Whether to Undertake Risky Projects 0 0 0 210 2 2 6 756
Motivations for Public Equity Offers: An International Perspective 0 0 1 143 1 2 14 486
Optimal Executive Compensation vs. Managerial Power: A Review of Lucian Bebchuk and Jesse Fried's "Pay without Performance: The Unfulfilled Promise of Executive Compensation" 0 2 3 214 5 11 31 877
Pay for Performance from Future Fund Flows: The Case of Private Equity 1 1 1 14 3 5 10 139
Pay for Performance from Future Fund Flows: The Case of Private Equity 1 1 1 44 2 4 14 187
Price Risk, Production Flexibility, and Liquidity Management: Evidence from Electricity Generating Firms 0 0 0 25 6 6 12 47
Price Risk, Production Flexibility, and Liquidity Management: Evidence from Electricity Generating Firms 0 0 0 47 5 7 14 68
Private Benefits and Cross-Listings in the United States 0 0 0 174 1 1 9 666
Private Equity Indices Based on Secondary Market Transactions 0 0 0 1 1 1 5 28
Private Equity Indices Based on Secondary Market Transactions 0 0 3 22 8 15 43 125
Protection of Minority Shareholder Interests, Cross-listings in the United States, and Subsequent Equity Offerings 0 0 0 800 2 2 13 5,168
Relationship-Specific Investments and Firms' Boundaries: Evidence from Textual Analysis of Patents 0 1 3 14 3 7 21 39
Risk Perceptions, Board Networks, and Directors' Monitoring 0 0 0 2 0 2 5 14
Risk Perceptions, Board Networks, and Directors’ Monitoring 0 0 0 14 2 2 12 41
Risk-Adjusting the Returns to Private Debt Funds 0 0 1 59 5 8 17 145
Risk-Adjusting the Returns to Private Debt Funds 0 1 1 3 6 10 17 25
Selecting Directors Using Machine Learning 0 0 0 89 1 1 15 184
Selecting Directors Using Machine Learning 0 0 2 51 1 3 14 150
Selling to Yourself: Continuation Funds in Private Equity 0 3 7 7 4 8 17 17
Specialized Investments and Firms' Boundaries: Evidence from Textual Analysis of Patents 0 0 0 8 0 1 6 34
Specialized Investments and Firms’ Boundaries: Evidence from Textual Analysis of Patents 0 0 0 14 2 5 16 67
Syndicated Loan Spreads and the Composition of the Syndicate 0 0 0 17 4 4 10 118
Syndicated Loan Spreads and the Composition of the Syndicate 0 0 1 18 1 1 9 86
THE ECONOMIC EFFECTS OF FRANCHISE TERMINATION LAWS 0 0 0 2 0 1 4 926
The Cash Flow Sensitivity of Cash: Replication, Extension, and Robustness 0 4 9 33 2 18 36 99
The Corporate Finance of Multinational Firms 0 0 3 17 4 6 20 77
The Corporate Finance of Multinational Firms 1 1 1 32 12 16 27 173
The Economics of Has-Beens 0 0 1 89 3 4 10 539
The Economics of PIPEs 0 1 1 10 4 5 15 78
The Liquidity Cost of Private Equity Investments: Evidence from Secondary Market Transactions 0 1 1 25 4 6 19 97
The Liquidity Cost of Private Equity Investments: Evidence from Secondary Market Transactions 0 0 0 8 6 6 15 58
The Role of Boards of Directors in Corporate Governance: A Conceptual Framework and Survey 1 2 3 246 7 10 25 936
The Role of Boards of Directors in Corporate Governance: A Conceptual Framework and Survey 0 2 5 924 7 12 50 3,859
The Role of Financial Conditions in Portfolio Choices: The Case of Insurers 0 0 0 17 2 2 5 60
The State of Corporate Governance Research 1 1 1 583 8 18 32 1,609
The State of Corporate Governance Research 0 0 1 173 4 6 17 332
The Success of Acquisitions: Evidence From Disvestitures 0 0 3 227 2 4 26 792
Transparency and Corporate Governance 0 0 1 415 3 5 23 1,636
Understanding Corporate Governance Through Learning Models of Managerial Competence 0 0 0 37 2 6 17 140
Understanding Corporate Governance through Learning Models of Managerial Competence 0 0 0 9 2 4 10 58
What Determines the Structure of Corporate Debt Issues? 0 0 1 118 5 7 13 510
What Determines the Structure of Corporate Debt Issues? 0 0 0 57 0 1 5 244
What Do Boards Really Do? Evidence from Minutes of Board Meetings 0 1 1 34 1 4 12 118
What do Boards Really Do? Evidence from Minutes of Board Meetings 0 0 0 42 3 5 19 231
Why Are Buyouts Levered? The Financial Structure of Private Equity Funds 0 0 0 140 1 8 15 347
Why are Buyouts Leveraged? The Financial Structure of Private Equity Firms 0 0 0 505 1 4 11 1,170
Why are Buyouts Levered: The Financial Structure of Private Equity Funds 0 1 1 745 1 6 15 2,135
Why are Buyouts Levered? The Financial Structure of Private Equity Funds 0 0 0 358 3 6 14 930
World Market for Mergers and Acquisitions 0 0 0 89 1 3 11 235
World Markets for Mergers and Acquisitions 0 0 0 95 2 3 11 234
World Markets for Mergers and Acquisitions 0 0 0 43 0 2 7 114
World Markets for Raising New Capital 0 0 0 278 2 5 14 947
Total Working Papers 7 45 110 14,508 353 644 1,845 56,328


Journal Article File Downloads Abstract Views
Last month 3 months 12 months Total Last month 3 months 12 months Total
An Agency Perspective on Franchising 0 0 0 0 2 9 29 898
Boards of directors as an endogenously determined institution: a survey of the economic literature 3 9 25 1,653 23 62 141 5,722
Borrow Cheap, Buy High? The Determinants of Leverage and Pricing in Buyouts 2 11 28 159 9 38 125 689
CEO Investment Cycles 1 1 2 44 4 7 20 220
CEO turnover and the firm's investment decisions 0 0 3 226 2 2 18 530
Corporate Liquidity Management: A Conceptual Framework and Survey 2 4 11 162 11 17 59 707
Corporate Liquidity, Acquisitions, and Macroeconomic Conditions 0 0 1 14 0 0 9 65
Corporate financial and investment policies when future financing is not frictionless 1 2 7 155 10 20 75 810
Corporate governance and hostile takeovers 0 0 0 94 2 4 10 239
Determinants of Cross‐Border Mergers and Acquisitions 6 18 52 227 18 55 166 577
Did securitization affect the cost of corporate debt? 0 0 1 66 2 4 14 358
Discount‐Rate Risk in Private Equity: Evidence from Secondary Market Transactions 1 3 5 24 6 13 45 116
Do Acquisitions Relieve Target Firms’ Financial Constraints? 0 0 1 73 2 6 18 379
Endogenously Chosen Boards of Directors and Their Monitoring of the CEO 2 8 28 880 20 37 110 2,726
Financial flexibility and the choice between dividends and stock repurchases 2 8 23 862 7 22 81 2,181
Governance, performance objectives and organizational form: evidence from hospitals 0 0 2 95 2 5 15 417
Horses and Rabbits? Trade-Off Theory and Optimal Capital Structure 0 0 1 82 0 2 7 290
How Management Risk Affects Corporate Debt 0 0 0 9 0 2 13 76
Indirect Incentives of Hedge Fund Managers 0 1 1 16 3 7 22 141
Information Disclosure and Corporate Governance 4 4 10 168 11 18 75 736
Learning About CEO Ability and Stock Return Volatility 0 0 0 29 3 7 20 216
Limited partner performance and the maturing of the private equity industry 0 0 7 128 12 20 57 535
Macroeconomic Conditions and Capital Raising 1 1 3 140 3 3 17 600
Measuring Institutional Investors’ Skill at Making Private Equity Investments 1 2 4 29 2 4 18 126
Measuring Investment Distortions when Risk-Averse Managers Decide Whether to Undertake Risky Projects 0 0 0 0 2 5 10 557
Measuring investment distortions arising from stockholder-bondholder conflicts 0 1 2 318 1 3 14 887
Motivations for public equity offers: An international perspective 0 1 11 400 3 8 45 1,139
Open-end mutual funds and capital-gains taxes 0 0 0 30 3 3 9 133
Optimal Executive Compensation versus Managerial Power: A Review of Lucian Bebchuk and Jesse Fried's Pay without Performance: The Unfulfilled Promise of Executive Compensation 0 0 0 7 3 3 13 362
Outside directors and CEO turnover 6 16 40 2,407 23 45 117 5,987
Pay for Performance from Future Fund Flows: The Case of Private Equity 0 2 6 63 0 9 36 346
Private benefits and cross-listings in the United States 0 0 0 83 2 2 11 359
Protection of minority shareholder interests, cross-listings in the United States, and subsequent equity offerings 2 2 6 249 9 15 42 1,063
Reversions of Excess Pension Assets after Takeovers 0 0 0 29 4 4 6 311
Selecting Directors Using Machine Learning 0 0 1 16 6 8 33 109
Syndicated loan spreads and the composition of the syndicate 0 0 2 168 1 5 15 676
The Cash Flow Sensitivity of Cash: Replication, Extension, and Robustness 1 4 11 11 8 21 48 48
The Determinants of Board Composition 0 1 8 705 4 10 49 2,124
The Economic Effects of Franchise Termination Laws 0 0 0 3 0 0 13 434
The Economics of Has-beens 0 0 1 99 1 3 7 610
The Effects of Board Composition and Direct Incentives on Firm Performance 0 0 0 0 6 22 101 4,198
The Role of Boards of Directors in Corporate Governance: A Conceptual Framework and Survey 3 8 16 523 17 38 126 2,106
The State of Corporate Governance Research 1 1 3 96 4 11 28 493
The Success of Acquisitions: Evidence from Divestitures 0 1 8 742 6 15 45 2,322
The economics of PIPEs 2 2 2 18 6 13 37 104
The liquidity cost of private equity investments: Evidence from secondary market transactions 1 5 11 37 7 16 49 187
The role of financial conditions in portfolio choices: The case of insurers 0 1 2 15 5 7 22 74
What do boards really do? Evidence from minutes of board meetings☆☆Miriam Schwartz-Ziv is from Harvard University and Northeastern University, e-mail: miriam.schwartz@mail.huji.ac.il. Michael S. Weisbach is from Ohio State University, NBER, and SIFR, e-mail: weisbach@fisher.osu.edu. Miriam Schwartz-Ziv is very grateful to Eugene Kandel and Michael Weisbach, the co-advisors of her Hebrew University doctoral dissertation, upon which this paper is based. We thank the executive and non-executive employees of the Government Companies Authority of Israel who allowed us both formally and practically to conduct this research; the companies studied that kindly provided us with private and sensitive data; and seminar participants at Babson University, Brown University, Northeastern University, Ohio State University, Purdue University, the European Financial Management Association 2011 conference, the Western Economic Association 2012 conference, and the Financial Management Association 2012 conference, as well as the following people who shared their thoughts and advice at different stages of the preparation of this paper: Renée Adams, Amir Barnea, Steven Davidoff, Ada Demb, Dave Denis, Alon Eizenberg, Isil Erel, Rudi Fahlenbrach, Julian Franks, Ann Gillette, Ilan Guttman, Assaf Hamdani, Randal Heron, E. Han Kim, Stephanie Kramer, Saul Lach, Alexander Ljungqvist, Udi Nisan, Nadya Malenko, Avri Ravid, Artur Raviv, Karen Selody, Daniel Schwartz, Schraga Schwartz, Eytan Sheshinski, Léa Stern, Yuhai Xuan, Jun Yang, Scott Yonker, Tammar Zilber, and Clifford Smith, the referee, Miriam Schwartz-Ziv also thanks the Israeli Ministry of Science and Technology and Hebrew University's School of Business Administration for financial support 1 1 2 54 8 10 17 883
Why Are Buyouts Levered? The Financial Structure of Private Equity Funds 1 5 10 335 9 16 41 986
World markets for raising new capital 0 0 0 178 2 3 10 606
Total Journal Articles 44 123 357 11,921 294 659 2,108 46,458


Book File Downloads Abstract Views
Last month 3 months 12 months Total Last month 3 months 12 months Total
Corporate Governance 0 0 0 0 1 5 24 215
Total Books 0 0 0 0 1 5 24 215


Chapter File Downloads Abstract Views
Last month 3 months 12 months Total Last month 3 months 12 months Total
Cross-border mergers and acquisitions 0 2 14 22 5 17 62 102
Selecting Directors Using Machine Learning 0 0 0 0 4 7 22 46
The State of Corporate Governance Research 0 0 0 0 2 6 46 328
The State of Corporate Governance Research 0 0 0 0 1 26 65 75
Total Chapters 0 2 14 22 12 56 195 551


Statistics updated 2026-05-06