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/

CEPR

London

United Kingdom

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

SCHOLARLY PAPERS

29

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CROSSREF CITATIONS

2,338

Scholarly Papers (29)

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1.

Leveraged Buyouts and Private Equity

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

3.

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

Downloads 4,706 ( 3,397)
Citation 544

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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4.

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

Downloads 3,957 ( 4,515)
Citation 80

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
Ulf Axelson, Tim Jenkinson, Per Strömberg and Michael S. Weisbach
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
Ulf Axelson, Tim Jenkinson, Per Strömberg and Michael S. Weisbach
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
Ulf Axelson, Tim Jenkinson, Per Strömberg and Michael S. Weisbach
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
Ulf Axelson, Tim Jenkinson, Per Strömberg and Michael S. Weisbach
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

6.

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

Downloads 3,141 ( 6,687)
Citation 107

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
Ulf Axelson, Tim Jenkinson, Michael S. Weisbach and Per Strömberg
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.

Private Equity and Industry Performance

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
Shai Bernstein, Josh Lerner, Morten Sorensen and Per Strömberg
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
Shai Bernstein, Josh Lerner, Morten Sorensen and Per Strömberg
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
Shai Bernstein, Josh Lerner, Morten Sorensen and Per Strömberg
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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10.

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

Downloads 2,045 (13,159)
Citation 183

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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11.

Characteristics, Contracts and Actions: Evidence from Venture Capitalist Analyses

Downloads 2,004 (13,576)
Citation 277

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.

Fiduciary Duties and Equity‐Debtholder Conflicts

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
Ulf Axelson, Per Strömberg, Tim Jenkinson and Michael S. Weisbach
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
Ulf Axelson, Tim Jenkinson, Per Strömberg and Michael S. Weisbach
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

17.

How Do Legal Differences and Learning Affect Financial Contracts?

Downloads 718 (60,472)
Citation 58

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
Gustav Martinsson, Per Strömberg, Laszlo Sajtos and Christian J. Thomann
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

23.

What are Firms? Evolution from Birth to Public Companies

Downloads 173 (286,918)
Citation 1

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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