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Corporate finance,industrial organization,and organizational economics
Affiliation:1. Bauer College of Business, University of Houston, Houston, TX 77204, United States;2. School of Business and Economics, Universidad de los Andes, Santiago, Chile
Abstract:In the last 35 years, research at the intersection of corporate finance, industrial organization, and organizational economics has grown substantially. This paper reviews work that combines elements from these fields of finance and economics, with an emphasis on recent developments. I discuss how product market competition, customer-supplier relations, firms’ organizational form, and ownership structures interact with firms’ financial policies. I also overview new developments in the literature from a special issue of the Journal of Corporate Finance.
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