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 1 2 3 843
All Clear for Takeoff: Evidence from Airports on the Effects of Infrastructure Privatization 0 0 0 4 1 2 4 14
All Clear for Takeoff: Evidence from Airports on the Effects of Infrastructure Privatization 0 0 0 12 3 5 11 37
Assessing Managerial Ability: Implications for Corporate Governance 0 0 0 26 2 2 3 38
Assessing Managerial Ability: Implications for Corporate Governance 0 0 0 44 0 1 4 97
Boards of Directors as an Endogenously Determined Institution: A Survey of the Economic Literature 1 1 4 916 5 12 39 2,853
Borrow Cheap, Buy High? The Determinants of Leverage and Pricing in Buyouts 0 0 0 36 1 2 2 194
Borrow Cheap, Buy High? The Determinants of Leverage and Pricing in Buyouts 0 0 1 40 2 4 8 219
Borrow Cheap, Buy High? The Determinants of Leverage and Pricing in Buyouts 1 1 1 123 3 3 9 482
Borrow Cheap, Buy High? The Determinants of Leverage and Pricing in Buyouts 0 0 0 52 2 2 4 192
Borrow cheap, buy high? The determinants of leverage and pricing in buyouts 0 0 0 1 1 4 4 7
Borrow cheap, buy high? The determinants of leverage and pricing in buyouts 0 1 1 13 3 5 6 98
Buyouts: A Primer 0 0 0 5 1 1 1 28
Buyouts: A Primer 0 0 10 26 0 2 20 46
CEO Investment Cycles 0 0 0 15 1 4 7 130
CEO Investment Cycles 0 0 1 32 1 1 3 72
Climate Change, Demand Uncertainty, and Firms' Investments: Evidence from Planned Power Plants 0 0 1 12 4 5 11 26
Climate Change, Operating Flexibility and Corporate Investment Decisions 1 1 1 48 3 6 12 94
Climate Change, Operating Flexibility, and Corporate Investment Decisions 0 0 0 32 0 1 1 30
Corporate Demand for Liquidity 0 0 1 425 8 9 14 1,334
Corporate Financial and Investment Policies When Future Financing Is Not Frictionless 0 0 0 76 2 4 7 330
Corporate Financial and Investment Policies when Future Financing is not Frictionless 0 0 0 161 2 2 4 672
Corporate Governance and Hostile Takeover 0 0 0 1 1 1 1 1,707
Corporate Liquidity Management: A Conceptual Framework and Survey 1 1 1 44 9 9 11 230
Corporate Liquidity Management: A Conceptual Framework and Survey 0 0 2 193 5 10 24 810
Corporate Liquidity, Acquisitions, and Macroeconomic Conditions 0 0 0 19 0 1 2 79
Corporate Liquidity, Acquisitions, and Macroeconomic Conditions 0 0 0 11 1 1 2 41
Cross-Border Mergers and Acquisitions 0 0 2 15 1 2 11 37
Cross-Border Mergers and Acquisitions 0 0 4 41 1 3 13 50
Did Securitization Affect the Cost of Corporate Debt? 0 0 0 33 2 2 5 176
Did Securitization Affect the Cost of Corporate Debt? 0 0 0 24 0 0 2 117
Discount Rate Risk in Private Equity: Evidence from Secondary Market Transactions 0 0 0 13 0 0 3 40
Discount Rate Risk in Private Equity: Evidence from Secondary Market Transactions 0 0 1 12 5 6 10 46
Do Acquisitions Relieve Target Firms' Financial Constraints? 0 0 1 24 0 0 3 87
Do Acquisitions Relieve Target Firms' Financial Constraints? 0 0 0 82 0 1 3 186
Do Firms Go Public to Raise Capital? 0 0 1 254 2 3 5 1,072
Does Uncertainty about Management Affect Firms' Costs of Borrowing? 0 0 0 5 1 1 2 44
Does Uncertainty about Management Affect Firms’ Costs of Borrowing? 0 0 0 14 0 0 0 54
Endogenously Chosen Boards of Directors and Their Monitoring of the CEO 0 1 3 585 3 6 24 1,999
Endogenously Chosen Boards of Directors and Their Monitoring of the CEO 1 2 6 510 2 8 31 1,583
Equity-Holding Institutional Lenders: Do They Receive Better Terms? 0 0 0 13 2 2 4 93
Equity-Holding Institutional Lenders: Do they Receive Better Terms? 0 0 0 8 0 0 1 92
Financing-Motivated Acquisitions 0 0 0 19 3 3 3 82
Financing-Motivated Acquisitions 0 0 0 8 0 1 4 45
Horses and Rabbits? Optimal Dynamic Capital Structure from Shareholder and Manager Perspectives 0 0 0 395 0 0 1 1,607
Hospital Governance, Performance Objectives, and Organizational Form 0 0 0 1,104 3 4 5 4,625
How Financial Management Affects Institutional Investors’ Portfolio Choices: Evidence from Insurers 0 0 0 25 0 0 0 52
How Management Risk Affects Corporate Debt 0 0 0 33 0 0 1 74
How Management Risk Affects Corporate Debt 0 0 0 49 2 3 5 90
Incentives of Divisional Managers: Evidence from Texax Banks 0 0 0 0 0 0 0 230
Incentives of Private Equity General Partners from Future Fundraising 0 0 1 39 1 2 8 143
Indirect Incentives of Hedge Fund Managers 0 0 0 14 1 2 3 48
Indirect Incentives of Hedge Fund Managers 0 0 0 38 2 4 7 80
Information Disclosure and Corporate Governance 2 2 2 153 2 3 3 469
Information Disclosure and Corporate Governance 0 0 1 130 0 1 4 376
Learning about CEO Ability and Stock Return Volatility 0 0 1 27 0 0 2 89
Learning about CEO Ability and Stock Return Volatility 0 0 0 19 1 5 7 104
Leverage and Pricing in Buyouts: An Empirical Analysis 1 1 5 267 4 5 15 711
Leverage and Pricing in Buyouts: An Empirical Analysis 1 1 2 204 1 1 3 528
Limited Partner Performance and the Maturing of the Private Equity Industry 0 0 0 11 1 1 2 65
Limited Partner Performance and the Maturing of the Private Equity Industry 0 0 2 18 0 1 7 118
Macroeconomic Conditions and Capital Raising 0 0 5 92 1 4 12 449
Macroeconomic Conditions and Capital Raising 0 0 0 56 2 2 3 239
Macroeconomic Conditions and Capital Raising 0 0 0 112 1 2 6 419
Management Risk and the Cost of Borrowing 0 0 0 7 0 0 2 81
Market Conditions and the Structure of Securities 0 0 0 20 0 1 3 85
Market Conditions and the Structure of Securities 0 0 0 29 0 0 3 194
Measuring Institutional Investors' Skill from Their Investments in Private Equity 0 0 0 9 0 2 2 38
Measuring Institutional Investors’ Skill from Their Investments in Private Equity 0 0 0 3 1 2 4 35
Measuring Investment Distortions when Risk-Averse Managers Decide Whether to Undertake Risky Projects 0 0 0 210 1 2 5 752
Motivations for Public Equity Offers: An International Perspective 0 0 1 143 2 3 10 479
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 1 2 212 0 2 8 852
Pay for Performance from Future Fund Flows: The Case of Private Equity 0 0 0 43 2 2 4 176
Pay for Performance from Future Fund Flows: The Case of Private Equity 0 0 0 13 1 1 3 132
Price Risk, Production Flexibility, and Liquidity Management: Evidence from Electricity Generating Firms 0 0 0 47 1 2 4 58
Price Risk, Production Flexibility, and Liquidity Management: Evidence from Electricity Generating Firms 0 0 0 25 2 2 2 37
Private Benefits and Cross-Listings in the United States 0 0 1 174 1 1 5 658
Private Equity Indices Based on Secondary Market Transactions 1 1 1 20 4 10 19 98
Private Equity Indices Based on Secondary Market Transactions 0 0 0 1 1 2 2 25
Protection of Minority Shareholder Interests, Cross-listings in the United States, and Subsequent Equity Offerings 0 0 0 800 1 3 6 5,159
Relationship-Specific Investments and Firms' Boundaries: Evidence from Textual Analysis of Patents 0 0 0 11 4 5 11 25
Risk Perceptions, Board Networks, and Directors' Monitoring 0 0 0 2 0 1 3 11
Risk Perceptions, Board Networks, and Directors’ Monitoring 0 0 0 14 1 4 6 34
Risk-Adjusting the Returns to Private Debt Funds 0 0 2 59 4 5 17 135
Risk-Adjusting the Returns to Private Debt Funds 0 0 2 2 0 1 9 10
Selecting Directors Using Machine Learning 1 2 2 51 3 6 8 143
Selecting Directors Using Machine Learning 0 0 0 89 1 5 8 174
Specialized Investments and Firms' Boundaries: Evidence from Textual Analysis of Patents 0 0 0 8 1 1 3 30
Specialized Investments and Firms’ Boundaries: Evidence from Textual Analysis of Patents 0 0 0 14 3 4 8 57
Syndicated Loan Spreads and the Composition of the Syndicate 0 0 0 17 1 2 3 110
Syndicated Loan Spreads and the Composition of the Syndicate 0 1 1 18 1 2 3 79
THE ECONOMIC EFFECTS OF FRANCHISE TERMINATION LAWS 0 0 0 2 0 0 1 922
The Cash Flow Sensitivity of Cash: Replication, Extension, and Robustness 0 1 5 27 1 4 13 71
The Corporate Finance of Multinational Firms 1 1 4 16 2 5 19 65
The Corporate Finance of Multinational Firms 0 0 1 31 0 2 17 154
The Economics of Has-Beens 0 0 0 88 4 4 4 533
The Economics of PIPEs 0 0 0 9 2 3 7 70
The Liquidity Cost of Private Equity Investments: Evidence from Secondary Market Transactions 0 0 0 24 3 6 8 85
The Liquidity Cost of Private Equity Investments: Evidence from Secondary Market Transactions 0 0 0 8 3 6 8 51
The Role of Boards of Directors in Corporate Governance: A Conceptual Framework and Survey 1 1 5 921 8 14 43 3,836
The Role of Boards of Directors in Corporate Governance: A Conceptual Framework and Survey 0 1 1 244 2 7 13 921
The Role of Financial Conditions in Portfolio Choices: The Case of Insurers 0 0 0 17 0 0 0 55
The State of Corporate Governance Research 0 0 0 582 1 4 8 1,581
The State of Corporate Governance Research 0 0 0 172 0 0 7 321
The Success of Acquisitions: Evidence From Disvestitures 1 1 2 226 3 6 19 778
Transparency and Corporate Governance 0 0 2 415 3 3 11 1,620
Understanding Corporate Governance Through Learning Models of Managerial Competence 0 0 0 37 2 3 5 127
Understanding Corporate Governance through Learning Models of Managerial Competence 0 0 0 9 3 3 4 51
What Determines the Structure of Corporate Debt Issues? 0 0 1 117 0 2 3 499
What Determines the Structure of Corporate Debt Issues? 0 0 0 57 1 1 3 240
What Do Boards Really Do? Evidence from Minutes of Board Meetings 0 0 0 33 2 4 6 110
What do Boards Really Do? Evidence from Minutes of Board Meetings 0 0 0 42 3 5 14 223
Why Are Buyouts Levered? The Financial Structure of Private Equity Funds 0 0 1 140 1 1 3 333
Why are Buyouts Leveraged? The Financial Structure of Private Equity Firms 0 0 0 505 2 2 6 1,164
Why are Buyouts Levered: The Financial Structure of Private Equity Funds 0 0 0 744 1 2 4 2,124
Why are Buyouts Levered? The Financial Structure of Private Equity Funds 0 0 0 358 1 1 5 919
World Market for Mergers and Acquisitions 0 0 0 89 1 2 3 226
World Markets for Mergers and Acquisitions 0 0 0 95 1 1 2 224
World Markets for Mergers and Acquisitions 0 0 0 43 1 1 2 109
World Markets for Raising New Capital 0 0 0 278 1 1 5 938
Total Working Papers 14 22 95 14,440 194 343 839 55,039


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 1 3 14 881
Boards of directors as an endogenously determined institution: a survey of the economic literature 2 6 19 1,642 15 28 85 5,638
Borrow Cheap, Buy High? The Determinants of Leverage and Pricing in Buyouts 3 8 19 146 12 35 83 628
CEO Investment Cycles 0 0 0 42 1 2 9 205
CEO turnover and the firm's investment decisions 2 2 5 225 4 6 15 521
Corporate Liquidity Management: A Conceptual Framework and Survey 1 5 6 157 3 18 46 676
Corporate Liquidity, Acquisitions, and Macroeconomic Conditions 0 0 3 13 1 2 8 61
Corporate financial and investment policies when future financing is not frictionless 1 1 10 152 5 13 56 771
Corporate governance and hostile takeovers 0 0 0 94 0 0 2 230
Determinants of Cross‐Border Mergers and Acquisitions 9 14 45 205 23 42 123 492
Did securitization affect the cost of corporate debt? 0 1 1 66 0 4 12 351
Discount‐Rate Risk in Private Equity: Evidence from Secondary Market Transactions 0 0 3 20 6 10 28 91
Do Acquisitions Relieve Target Firms’ Financial Constraints? 0 0 4 73 1 2 13 366
Endogenously Chosen Boards of Directors and Their Monitoring of the CEO 2 8 25 868 10 27 93 2,671
Financial flexibility and the choice between dividends and stock repurchases 0 9 30 854 6 19 71 2,141
Governance, performance objectives and organizational form: evidence from hospitals 0 0 2 94 1 2 6 406
Horses and Rabbits? Trade-Off Theory and Optimal Capital Structure 0 0 2 82 1 1 3 285
How Management Risk Affects Corporate Debt 0 0 1 9 2 3 7 69
Indirect Incentives of Hedge Fund Managers 0 0 0 15 5 9 10 128
Information Disclosure and Corporate Governance 2 2 8 163 9 14 41 688
Learning About CEO Ability and Stock Return Volatility 0 0 0 29 1 1 8 201
Limited partner performance and the maturing of the private equity industry 0 1 7 125 7 16 40 506
Macroeconomic Conditions and Capital Raising 1 1 3 139 3 4 11 591
Measuring Institutional Investors’ Skill at Making Private Equity Investments 0 1 3 26 1 4 15 115
Measuring Investment Distortions when Risk-Averse Managers Decide Whether to Undertake Risky Projects 0 0 0 0 1 2 7 551
Measuring investment distortions arising from stockholder-bondholder conflicts 0 1 2 317 0 1 10 878
Motivations for public equity offers: An international perspective 2 5 10 396 6 15 44 1,124
Open-end mutual funds and capital-gains taxes 0 0 1 30 0 1 4 126
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 1 1 1 350
Outside directors and CEO turnover 1 10 37 2,388 9 25 84 5,926
Pay for Performance from Future Fund Flows: The Case of Private Equity 0 1 5 61 2 5 28 328
Private benefits and cross-listings in the United States 0 0 0 83 2 2 4 352
Protection of minority shareholder interests, cross-listings in the United States, and subsequent equity offerings 1 2 4 246 4 10 29 1,038
Reversions of Excess Pension Assets after Takeovers 0 0 0 29 0 0 1 305
Selecting Directors Using Machine Learning 1 1 4 16 3 5 19 88
Syndicated loan spreads and the composition of the syndicate 1 1 3 168 2 3 13 667
The Cash Flow Sensitivity of Cash: Replication, Extension, and Robustness 1 4 4 4 2 7 7 7
The Determinants of Board Composition 0 2 9 703 4 9 33 2,097
The Economic Effects of Franchise Termination Laws 0 0 0 3 2 3 7 425
The Economics of Has-beens 1 1 1 99 1 2 5 606
The Effects of Board Composition and Direct Incentives on Firm Performance 0 0 0 0 10 21 112 4,158
The Role of Boards of Directors in Corporate Governance: A Conceptual Framework and Survey 0 2 7 512 21 33 71 2,030
The State of Corporate Governance Research 0 0 4 95 1 3 24 473
The Success of Acquisitions: Evidence from Divestitures 1 2 12 739 2 7 33 2,294
The economics of PIPEs 0 0 1 16 4 7 11 76
The liquidity cost of private equity investments: Evidence from secondary market transactions 1 3 6 31 2 13 26 158
The role of financial conditions in portfolio choices: The case of insurers 0 0 2 14 3 4 15 61
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 0 0 1 53 0 0 8 871
Why Are Buyouts Levered? The Financial Structure of Private Equity Funds 3 3 17 329 6 9 43 961
World markets for raising new capital 0 0 1 178 1 4 6 601
Total Journal Articles 36 97 327 11,756 207 457 1,444 45,263


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 4 4 7 197
Total Books 0 0 0 0 4 4 7 197


Chapter File Downloads Abstract Views
Last month 3 months 12 months Total Last month 3 months 12 months Total
Cross-border mergers and acquisitions 2 3 10 15 9 15 44 67
Selecting Directors Using Machine Learning 0 0 0 0 3 5 9 33
The State of Corporate Governance Research 0 0 0 0 1 2 5 13
The State of Corporate Governance Research 0 0 0 0 3 7 18 293
Total Chapters 2 3 10 15 16 29 76 406


Statistics updated 2025-12-06