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Measuring the Effect of Multimarket Contact on Competition:Evidence from Mergers Following Radio Broadcast Ownership Deregulation
Marketing Communications Markets Geographic Location Advertising Ownership Price
2015/5/13
This paper examines the effects of multimarket contact on advertising prices in the U.S. radio broadcasting industry. While it is in general difficult to measure the effect of multimarket contact on c...
Executive Ownership and Control in Newly Public Firms:The Role of Venture Capitalists
Equity Ownership Motivation and Incentives lnitial Public Offering Investment Venture Capital
2015/5/13
We study the implications of CEO equity ownership for incentives and control in a sample of 1,011 newly public firms. Before an initial public offering, equity investments by venture capitalists reduc...