This dissertation consists of three distinct but related essays in corporate finance and financial intermediation. In the first two essays, I examine how the deregulation and consolidation of banking industry in the US affect two types of business customers, namely newly formed businesses and publicly traded corporations. The third essay, taking a law and finance perspective, examine how state regulations on covenants not to compete affect the going public process of entrepreneurial companies.2.3.1 Unit of Analysis and Data Collection As discussed earlier, I use Labor Market Areas (LMAs) as my unit of consolidation to investigate the effect of banking consolidation on entrepreneurship. There are 394 LMAs within the U.S., which areanbsp;...
|Title||:||Three Essays on Corporate Finance and Intermediation|
|Publisher||:||ProQuest - 2008|