I find overlapping institutional ownership (OIO) in a customer and supplier increases the
duration of their supply chain relationship. Results are stronger when vertical holdup is more …

We study the impact of social capital on interfirm collaboration. Because social capital is
endogenous to the cultural environment, we employ adverse shocks to trust in cultural …

This thesis includes three essays in corporate finance and corporate governance. In the first
paper, we investigate the redistribution effects among firm stakeholders of increased …

The corporate governance literature typically focuses on the governance role played by
shareholders, product market competition, and government entities. This literature largely …

This paper presents new evidence that corporate customers play a governance role in
disciplining managerial behavior. Using a comprehensive dataset of customer-supplier …