A
Andrei Shleifer
Researcher at Harvard University
Publications - 519
Citations - 286543
Andrei Shleifer is an academic researcher from Harvard University. The author has contributed to research in topics: Government & Shareholder. The author has an hindex of 171, co-authored 514 publications receiving 271880 citations. Previous affiliations of Andrei Shleifer include National Bureau of Economic Research & University of Chicago.
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Agency Problems and Dividend Policies Around the World
TL;DR: In this article, two agency models of dividends are proposed: the outcome model and the substitute model, which predicts that stronger minority shareholders rights should be associated with higher dividend payouts; the second model predicts the opposite.
Posted Content
Trust in Large Organizations
Rafael La Porta,Rafael La Porta,Florencio Lopez de Silanes,Florencio Lopez de Silanes,Andrei Shleifer,Andrei Shleifer,Robert W. Vishny,Robert W. Vishny +7 more
TL;DR: In a cross-section of countries, evidence on government performance, participation in civic and professional societies, importance of large firms, and the performance of social institutions more generally supports this hypothesis.
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The Economic Consequences of Legal Origins
TL;DR: The authors argued that the historical origin of a country's laws is highly correlated with a broad range of its legal rules and regulations, as well as with economic outcomes, and they summarized this evidence and attempted a unified interpretation.
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Positive Feedback Investment Strategies and Destabilizing Rational Speculation
TL;DR: In this paper, the role of rational speculators in financial markets was analyzed and it was shown that an increase in the number of forward-looking rational traders can lead to increased volatility of prices about fundamentals.
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