Browsing Discussion papers (FOR) by Author "Kisser, Michael"
Now showing items 1-2 of 2
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Do all-equity firms destroy value by holding cash?
Kisser, Michael (Discussion paper, Working paper, 2010-12)Empirical evidence shows that as of 2006, nearly every fifth large U.S. public corporation was all-equity financed and that the corresponding average cash holding were nearly twice as high as of the average U.S. firm. ... -
A shot at regulating securitization
Kiff, John; Kisser, Michael (Discussion paper, Working paper, 2011-04)