Per Strömberg

Swedish House of Finance

Drottninggatan 98

111 60 Stockholm

Sweden

ECGI

c/o the Royal Academies of Belgium

Rue Ducale 1 Hertogsstraat

1000 Brussels

Belgium

http://https://www.hhs.se/en/houseoffinance/about/people/people-container/per-stromberg/

SCHOLARLY PAPERS

29

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51,383

SSRN CITATIONS
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Top 200

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2,107

CROSSREF CITATIONS

2,338

Scholarly Papers (29)

1.
Downloads 10,466 ( 868)
Citation 223

Leveraged Buyouts and Private Equity

Number of pages: 40 Posted: 03 Aug 2008 Last Revised: 14 Jan 2009
Steven N. Kaplan and Per Strömberg
University of Chicago - Booth School of Business and Swedish House of Finance
Downloads 9,824 (960)
Citation 29

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Private Equity

Leveraged Buyouts and Private Equity

NBER Working Paper No. w14207
Number of pages: 41 Posted: 04 Aug 2008 Last Revised: 29 Oct 2022
Steven N. Kaplan and Per Strömberg
University of Chicago - Booth School of Business and Swedish House of Finance
Downloads 642 (69,001)
Citation 124

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2.

Why are Buyouts Levered? The Financial Structure of Private Equity Funds

Charles A. Dice Center Working Paper No. 2008-15; Fisher College of Business Working Paper No. 2008-03-014, Journal of Finance, Forthcoming
Number of pages: 83 Posted: 12 Mar 2005 Last Revised: 28 Oct 2008
Ulf Axelson, Per Strömberg and Michael S. Weisbach
London School of Economics, Swedish House of Finance and Ohio State University (OSU) - Department of Finance
Downloads 5,578 (2,520)
Citation 9

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LBO funds, Capital Structure, Private Equity, Ex Ante Financing, Ex Post Financing, Incentives in Private Equity

Financial Contracting Theory Meets the Real World: An Empirical Analysis of Venture Capital Contracts

Number of pages: 74 Posted: 26 Apr 2000
Steven N. Kaplan and Per Strömberg
University of Chicago - Booth School of Business and Swedish House of Finance
Downloads 4,111 (4,178)
Citation 22

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Financial Contracting Theory Meets the Real World: An Empirical Analysis of Venture Capital Contracts

NBER Working Paper No. w7660
Number of pages: 74 Posted: 16 May 2000 Last Revised: 08 Dec 2022
Steven N. Kaplan and Per Strömberg
University of Chicago - Booth School of Business and Swedish House of Finance
Downloads 595 (75,976)
Citation 147

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Borrow Cheap, Buy High? The Determinants of Leverage and Pricing in Buyouts

Journal of Finance, Forthcoming
Number of pages: 66 Posted: 27 Apr 2010 Last Revised: 06 Dec 2018
London School of Economics, University of Oxford - Said Business School, Swedish House of Finance and Ohio State University (OSU) - Department of Finance
Downloads 3,769 (4,819)
Citation 11

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Private Equity, Capital Structure, Buyouts, Credit Cycles

Borrow Cheap, Buy High? The Determinants of Leverage and Pricing in Buyouts

NBER Working Paper No. w15952
Number of pages: 65 Posted: 03 May 2010 Last Revised: 02 Feb 2023
London School of Economics, University of Oxford - Said Business School, Swedish House of Finance and Ohio State University (OSU) - Department of Finance
Downloads 122 (381,037)

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Borrow Cheap, Buy High? The Determinants of Leverage and Pricing in Buyouts

Journal of Finance, Forthcoming, European Corporate Governance Institute (ECGI) - Finance Working Paper No. 329/2012
Number of pages: 72 Posted: 27 Apr 2010
London School of Economics, University of Oxford - Said Business School, Swedish House of Finance and Ohio State University (OSU) - Department of Finance
Downloads 63 (582,563)
Citation 38

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Private Equity, Capital Structure, Buyouts, Credit Cycles

Borrow Cheap, Buy High? The Determinants of Leverage and Pricing in Buyouts

CEPR Discussion Paper No. DP8914
Number of pages: 53 Posted: 04 Apr 2012
London School of Economics, University of Oxford - Said Business School, Swedish House of Finance and Ohio State University (OSU) - Department of Finance
Downloads 3 (1,049,823)
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capital structure, credit cycles, leveraged buyouts, Private equity

5.

Private Equity and the Resolution of Financial Distress

AFA 2012 Chicago Meetings Paper, ECGI - Finance Working Paper No. 331/2012
Number of pages: 61 Posted: 21 Mar 2011 Last Revised: 08 Jul 2021
Edith S. Hotchkiss, Per Strömberg and David C. Smith
Boston College - Carroll School of Management, Swedish House of Finance and University of Virginia - McIntire School of Commerce
Downloads 3,605 (5,332)
Citation 12

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Financial Distress, Bankruptcy, Private Equity, Capital Structure, Leveraged Loans, Covid-19

Should Investors Bet on the Jockey or the Horse? Evidence from the Evolution of Firms from Early Business Plans to Public Companies

CRSP Working Paper No. 603
Number of pages: 48 Posted: 16 Feb 2005
Steven N. Kaplan, Berk A. Sensoy and Per Strömberg
University of Chicago - Booth School of Business, Vanderbilt University - Finance and Swedish House of Finance
Downloads 2,502 (9,352)
Citation 243

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Entrepreneurship, Venture Capital, Theory of the firm

What are Firms? Evolution from Early Business Plans to Public Companies

Number of pages: 53 Posted: 14 Apr 2006
Steven N. Kaplan, Berk A. Sensoy and Per Strömberg
University of Chicago - Booth School of Business, Vanderbilt University - Finance and Swedish House of Finance
Downloads 639 (69,404)
Citation 4

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Entrepreneurship, Venture Capital, Theory of the firm

7.

The Economic and Social Impact of Private Equity in Europe: Summary of Research Findings

Number of pages: 24 Posted: 07 Jul 2009 Last Revised: 02 Oct 2009
Per Strömberg
Swedish House of Finance
Downloads 2,563 (9,155)
Citation 8

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private equity, economic policy

8.

Leverage and Pricing in Buyouts: An Empirical Analysis*

Swedish Institute for Financial Research Conference on The Economics of the Private Equity Market
Number of pages: 48 Posted: 02 Nov 2007
London School of Economics, University of Oxford - Said Business School, Ohio State University (OSU) - Department of Finance and Swedish House of Finance
Downloads 2,382 (10,268)
Citation 31

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Private equity, capital structure, buyouts

9.
Downloads 2,254 (11,264)
Citation 27

Private Equity and Industry Performance

Harvard Business School Entrepreneurial Management Working Paper No. 10-045, AFA 2011 Denver Meetings Paper
Number of pages: 49 Posted: 18 Dec 2009 Last Revised: 29 Aug 2011
Harvard University - Business School (HBS), Harvard Business School - Finance Unit, Dartmouth College - Tuck School of Business and Swedish House of Finance
Downloads 1,582 (19,261)

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Private Equity and Industry Performance

Netspar Discussion Paper No. 06/2014-023, Stanford University Graduate School of Business Research Paper No. 14-25
Number of pages: 47 Posted: 02 Jul 2014
Harvard University - Business School (HBS), Harvard Business School - Finance Unit, Dartmouth College - Tuck School of Business and Swedish House of Finance
Downloads 523 (89,281)
Citation 13

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Private Equity and Industry Performance

NBER Working Paper No. w15632
Number of pages: 40 Posted: 11 Jan 2010 Last Revised: 29 Oct 2022
Harvard University - Business School (HBS), Harvard Business School - Finance Unit, Dartmouth College - Tuck School of Business and Swedish House of Finance
Downloads 149 (325,757)
Citation 22

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Private Equity and Long-Run Investment: The Case of Innovation

EFA 2009 Bergen Meetings Paper
Number of pages: 49 Posted: 17 Feb 2008 Last Revised: 25 Oct 2014
Morten Sorensen, Per Strömberg and Josh Lerner
Dartmouth College - Tuck School of Business, Swedish House of Finance and Harvard Business School - Finance Unit
Downloads 1,569 (19,504)
Citation 3

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Buyouts, LBOs, Innovation, Patents

Private Equity and Long-Run Investment: The Case of Innovation

The Journal of Finance, Vol. 66, No. 2, pp. 445-477, 2010
Number of pages: 57 Posted: 27 Oct 2011
Morten Sorensen, Per Strömberg and Josh Lerner
Dartmouth College - Tuck School of Business, Swedish House of Finance and Harvard Business School - Finance Unit
Downloads 259 (196,248)
Citation 29

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Private Equity and Long-Run Investment: The Case of Innovation

NBER Working Paper No. w14623
Number of pages: 50 Posted: 15 Jan 2009 Last Revised: 17 Dec 2022
Josh Lerner, Morten Sorensen and Per Strömberg
Harvard Business School - Finance Unit, Dartmouth College - Tuck School of Business and Swedish House of Finance
Downloads 217 (233,367)
Citation 83

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Characteristics, Contracts and Actions: Evidence from Venture Capitalist Analyses

CRSP Working Paper No. 536
Number of pages: 52 Posted: 15 Jan 2002
Steven N. Kaplan and Per Strömberg
University of Chicago - Booth School of Business and Swedish House of Finance
Downloads 1,286 (26,283)
Citation 5

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Characteristics, Contracts, and Actions: Evidence from Venture Capitalist Analyses

Number of pages: 51 Posted: 28 Dec 2001
Per Strömberg and Steven N. Kaplan
Swedish House of Finance and University of Chicago - Booth School of Business
Downloads 487 (97,494)

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Characteristics, Contracts, and Actions: Evidence from Venture Capitalist Analyses

NBER Working Paper No. w8764
Number of pages: 52 Posted: 07 Feb 2002 Last Revised: 14 Dec 2022
Steven N. Kaplan and Per Strömberg
University of Chicago - Booth School of Business and Swedish House of Finance
Downloads 200 (251,869)
Citation 72

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Characteristics, Contracts and Actions: Evidence from Venture Capitalist Analyses

Number of pages: 54 Posted: 04 Apr 2002
Steven N. Kaplan and Per Strömberg
University of Chicago - Booth School of Business and Swedish House of Finance
Downloads 31 (785,060)
Citation 36
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Investment banking, venture capital, financing policy, capital and ownership structure, brokerage

12.
Downloads 1,617 (18,962)
Citation 2

Fiduciary Duties and Equity‐Debtholder Conflicts

Harvard Business School Finance Working Paper No. 10-070, ECGI - Finance Working Paper No. 330/2012
Number of pages: 57 Posted: 20 Feb 2010 Last Revised: 21 Mar 2012
Bo Becker and Per Strömberg
Stockholm School of Economics and Swedish House of Finance
Downloads 948 (40,863)
Citation 2

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Equity-Debtholder Conflicts and Capital Structure

AFA 2011 Denver Meetings Paper
Number of pages: 30 Posted: 17 Mar 2010
Per Strömberg and Bo Becker
Swedish House of Finance and Stockholm School of Economics
Downloads 669 (65,411)

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Bankruptcy, Costs of Financial Distress, Capital Structure

13.

Leverage and Pricing in Buyouts: An Empirical Analysis

EFA 2009 Bergen Meetings Paper
Number of pages: 53 Posted: 19 Feb 2009
London School of Economics, Swedish House of Finance, University of Oxford - Said Business School and Ohio State University (OSU) - Department of Finance
Downloads 1,498 (21,358)
Citation 25

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Private equity, capital structure, leveraged buyouts

14.

How Well Do Venture Capital Databases Reflect Actual Investments?

Number of pages: 30 Posted: 22 Oct 2006
Steven N. Kaplan, Per Strömberg and Berk A. Sensoy
University of Chicago - Booth School of Business, Swedish House of Finance and Vanderbilt University - Finance
Downloads 1,183 (30,274)
Citation 87

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venture capital, databases, investments

15.

'Since You're So Rich, You Must Be Really Smart': Talent and the Finance Wage Premium

Riksbank Research Paper Series No. 137, Sveriges Riksbank Working Paper Series No. 313, Swedish House of Finance Research Paper No. 18-3, European Corporate Governance Institute (ECGI) - Finance Working Paper No. 553/2018
Number of pages: 105 Posted: 19 May 2016 Last Revised: 07 Jun 2018
Michael J. Böhm, Daniel Metzger and Per Strömberg
University of Bonn, Erasmus University Rotterdam (EUR) - Rotterdam School of Management (RSM) and Swedish House of Finance
Downloads 984 (39,303)
Citation 4

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Industry Wage Premia; Talent Allocation; Earnings Inequality; Compensation in Financial Sector

16.

The Financing of Large Buyouts: An Empirical Analysis

AFA 2008 New Orleans Meetings Paper
Number of pages: 47 Posted: 17 Mar 2007
London School of Economics, University of Oxford - Said Business School, Swedish House of Finance and Ohio State University (OSU) - Department of Finance
Downloads 744 (57,661)
Citation 1

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Private equity, capital structure, buyouts

How Do Legal Differences and Learning Affect Financial Contracts?

Number of pages: 43 Posted: 21 Jun 2004
Steven N. Kaplan, Per Strömberg and Frederic Martel
University of Chicago - Booth School of Business, Swedish House of Finance and UBS Global Asset Management
Downloads 588 (77,117)
Citation 2

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Venture Capital, financial contracting, law and finance, capital and ownership structure

How Do Legal Differences and Learning Affect Financial Contracts?

NBER Working Paper No. w10097
Number of pages: 38 Posted: 17 Nov 2003 Last Revised: 05 Aug 2022
Steven N. Kaplan, Frederic Martel and Per Strömberg
University of Chicago - Booth School of Business, UBS Global Asset Management and Swedish House of Finance
Downloads 98 (446,795)
Citation 1

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How Do Legal Differences and Learning Affect Financial Contracts?

Number of pages: 40 Posted: 12 Jan 2004
Steven N. Kaplan, Frederic Martel and Per Strömberg
University of Chicago - Booth School of Business, UBS Global Asset Management and Swedish House of Finance
Downloads 32 (776,903)
Citation 2
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18.

A Theory of Liquidity in Private Equity

Swedish House of Finance Research Paper No. 20-8, Proceedings of Paris December 2020 Finance Meeting EUROFIDAI - ESSEC
Number of pages: 60 Posted: 25 Feb 2020 Last Revised: 15 Oct 2020
Vincent Maurin, David T. Robinson and Per Strömberg
Swedish House of Finance, Fuqua School of Business, Duke University and Swedish House of Finance
Downloads 587 (78,233)
Citation 5

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Private Equity, Fund Structure, Return Persistence, Liquidity Premium, Secondary Markets

19.

Carbon Pricing and Firm-Level CO2 Abatement: Evidence from a Quarter of a Century-Long Panel

European Corporate Governance Institute – Finance Working Paper No. 842/2022, 2022
Number of pages: 72 Posted: 16 Sep 2022
Stockholm University - Stockholm Business School, Swedish House of Finance, Stockholm School of Economics - Department of Finance, Students and INDEK, Royal Institute of Technology (KTH)
Downloads 334 (151,455)

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Carbon taxation, Emissions trading, Climate Policy, Climate change, Green growth, Tax policy

20.

Venture Capitalists as Principals: Contracting, Screening, and Monitoring

NBER Working Paper No. w8202
Number of pages: 14 Posted: 31 Mar 2001 Last Revised: 01 Dec 2022
Steven N. Kaplan and Per Strömberg
University of Chicago - Booth School of Business and Swedish House of Finance
Downloads 306 (166,222)
Citation 38

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21.

Why are Buyouts Levered: The Financial Structure of Private Equity Funds

NBER Working Paper No. w12826
Number of pages: 51 Posted: 12 Jan 2007 Last Revised: 20 Jul 2022
Michael S. Weisbach, Ulf Axelson and Per Strömberg
Ohio State University (OSU) - Department of Finance, London School of Economics and Swedish House of Finance
Downloads 197 (255,677)
Citation 12

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22.

Evaluating investments in unlisted equity for the Norwegian Government Pension Fund Global (GPFG)

Swedish House of Finance Research Paper No. 23-03
Number of pages: 152 Posted: 06 Jun 2022 Last Revised: 27 Mar 2023
Trond Døskeland and Per Strömberg
NHH Norwegian School of Economicsaffiliation not provided to SSRN and Swedish House of Finance
Downloads 196 (258,010)
Citation 3

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Private equity

What are Firms? Evolution from Birth to Public Companies

NBER Working Paper No. w11581
Number of pages: 57 Posted: 19 Oct 2005 Last Revised: 25 Aug 2022
Steven N. Kaplan, Berk A. Sensoy and Per Strömberg
University of Chicago - Booth School of Business, Vanderbilt University - Finance and Swedish House of Finance
Downloads 147 (329,379)

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What are Firms? Evolution from Birth to Public Companies

CEPR Discussion Paper No. 5224
Number of pages: 59 Posted: 24 Oct 2005
Steven N. Kaplan, Per Strömberg and Berk A. Sensoy
University of Chicago - Booth School of Business, Swedish House of Finance and Vanderbilt University - Finance
Downloads 26 (827,060)
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Entrepreneurship, theory of the firm, venture capital

24.

"Since You're so Rich, You Must Be Really Smart": Talent, Rent Sharing, and the Finance Wage Premium

IZA Discussion Paper No. 15337
Number of pages: 57 Posted: 31 May 2022 Last Revised: 14 Apr 2023
Michael Boehm, Daniel Metzger and Per Strömberg
University of Bonn, Erasmus University Rotterdam (EUR) - Rotterdam School of Management (RSM) and Swedish House of Finance
Downloads 79 (506,939)

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earnings inequality, rent sharing, talent allocation, industry wage premia, compensation in financial sector

25.

Fiduciary Duties and Equity-Debtholder Conflicts

NBER Working Paper No. w17661
Number of pages: 53 Posted: 17 Dec 2011 Last Revised: 05 Apr 2023
Bo Becker and Per Strömberg
Stockholm School of Economics and Swedish House of Finance
Downloads 53 (622,815)
Citation 6

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26.

Why are Buyouts Leveraged? The Financial Structure of Private Equity Firms

CEPR Discussion Paper No.DP6133
Number of pages: 53 Posted: 19 May 2008
Ulf Axelson, Per Strömberg and Michael S. Weisbach
London School of Economics, Swedish House of Finance and Ohio State University (OSU) - Department of Finance
Downloads 12 (931,605)
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Capital structure, leveraged buyouts, private equity

27.

'Since You're so Rich, You Must Be Really Smart': Talent and the Finance Wage Premium

CEPR Discussion Paper No. DP12711
Number of pages: 100 Posted: 20 Feb 2018
Michael J. Böhm, Daniel Metzger and Per Strömberg
University of Bonn, Erasmus University Rotterdam (EUR) - Rotterdam School of Management (RSM) and Swedish House of Finance
Downloads 1 (1,023,772)
Citation 7
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Sectoral Wage Premia; Talent Allocation; Earnings Inequality; Compensation in Financial Industry

28.

How Do Legal Differences and Learning Affect Financial Contracts?

University of Illinois at Urbana-Champaign's Academy for Entrepreneurial Leadership Historical Research Reference in Entrepreneurship
Posted: 01 Dec 2009
Steve Kaplan, Frederic Martel and Per Strömberg
University of Chicago, UBS Global Asset Management and Swedish House of Finance

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Common law systems, Control rights, Legal systems, Organizational learning, Contracts & agreements, Investments, Venture capital, Commercial law, Financial contracts

29.

Conflicts of Interest and Market Illiquidity in Bankruptcy Auctions: Theory and Tests

Posted: 21 Jul 1998
Per Strömberg
Swedish House of Finance

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