Daniel Wolfenzon

Columbia University - Columbia Business School, Finance

Kravis Professor of Business

3022 Broadway

New York, NY 10027

United States

National Bureau of Economic Research (NBER)

Faculty Research Fellow

1050 Massachusetts Avenue

Cambridge, MA 02138

United States

SCHOLARLY PAPERS

19

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SSRN CITATIONS
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Top 421

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1,050

CROSSREF CITATIONS

1,210

Scholarly Papers (19)

The Investment Behavior of Buyout Funds: Theory and Evidence

Number of pages: 44 Posted: 20 Dec 2003 Last Revised: 04 Sep 2017
Centre for Economic Policy Research (CEPR)Swedish House of Finance, New York University (NYU) - Department of Finance and Columbia University - Columbia Business School, Finance
Downloads 3,120 (5,228)
Citation 40

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Private equity; Buyout funds; Alternative investments; Fund management

The Investment Behavior of Buyout Funds: Theory and Evidence

NYU Working Paper No. S-FI-03-11
Number of pages: 44 Posted: 11 Nov 2008 Last Revised: 04 Sep 2017
Centre for Economic Policy Research (CEPR)Swedish House of Finance, New York University (NYU) - Department of Finance and Columbia University - Columbia Business School, Finance
Downloads 731 (47,431)
Citation 3

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Private equity; Buyout funds; Alternative investments; Fund management

The Investment Behavior of Buyout Funds: Theory and Evidence

NYU Working Paper No. SC-AM-03-12
Number of pages: 44 Posted: 04 Nov 2008 Last Revised: 04 Sep 2017
Centre for Economic Policy Research (CEPR)Swedish House of Finance, New York University (NYU) - Department of Finance and Columbia University - Columbia Business School, Finance
Downloads 312 (132,457)
Citation 1

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Private equity; Buyout funds; Alternative investments; Fund management

The Investment Behavior of Buyout Fund: Theory and Evidence

NYU Working Paper No. FIN-03-029
Number of pages: 44 Posted: 11 Nov 2008 Last Revised: 04 Sep 2017
Centre for Economic Policy Research (CEPR)Swedish House of Finance, New York University (NYU) - Department of Finance and Columbia University - Columbia Business School, Finance
Downloads 122 (310,238)

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Private equity; Buyout funds; Alternative investments; Fund management

A Theory of Pyramidal Ownership and Family Business Groups

Number of pages: 50 Posted: 17 May 2005
Heitor Almeida and Daniel Wolfenzon
University of Illinois at Urbana-Champaign and Columbia University - Columbia Business School, Finance
Downloads 2,375 (8,119)
Citation 17

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pyramids, business groups, family firms, investor protection, ownership structure, dual-class shares.

A Theory of Pyramidal Ownership and Family Business Groups

NBER Working Paper No. w11368
Number of pages: 51 Posted: 24 Jun 2005 Last Revised: 26 Jul 2010
Heitor Almeida and Daniel Wolfenzon
University of Illinois at Urbana-Champaign and Columbia University - Columbia Business School, Finance
Downloads 131 (293,920)
Citation 17

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The Investment Behavior of Buyout Funds: Theory and Evidence

ECGI - Finance Working Paper No. 174/2007, AFA 2008 New Orleans Meetings Paper, 20th Australasian Finance & Banking Conference 2007 Paper
Number of pages: 44 Posted: 20 Mar 2007 Last Revised: 04 Sep 2017
Centre for Economic Policy Research (CEPR)Swedish House of Finance, New York University (NYU) - Department of Finance and Columbia University - Columbia Business School, Finance
Downloads 1,869 (11,959)
Citation 22

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Private equity; Buyout funds; Alternative investments; Fund management

The Investment Behavior of Buyout Funds: Theory and Evidence

NYU Working Paper No. FIN-07-020
Number of pages: 44 Posted: 03 Nov 2008 Last Revised: 04 Sep 2017
Centre for Economic Policy Research (CEPR)Swedish House of Finance, New York University (NYU) - Department of Finance and Columbia University - Columbia Business School, Finance
Downloads 168 (240,340)

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Private equity; Buyout funds; Alternative investments; Fund management

The Investment Behavior of Buyout Funds: Theory and Evidence

NBER Working Paper No. w14180
Number of pages: 43 Posted: 21 Jul 2008 Last Revised: 01 Apr 2022
Centre for Economic Policy Research (CEPR)Swedish House of Finance, New York University (NYU) - Department of Finance and Columbia University - Columbia Business School, Finance
Downloads 55 (499,749)

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4.
Downloads 1,975 ( 10,792)
Citation 79

Investor Protection and Equity Markets

Number of pages: 35 Posted: 29 Oct 2000
Andrei Shleifer and Daniel Wolfenzon
Harvard University - Department of Economics and Columbia University - Columbia Business School, Finance
Downloads 1,331 (20,222)
Citation 62

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Investor Protection and Equity Markets

Number of pages: 32 Posted: 12 Oct 2000
Andrei Shleifer and Daniel Wolfenzon
Harvard University - Department of Economics and Columbia University - Columbia Business School, Finance
Downloads 530 (71,860)
Citation 9

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Investor Protection and Equity Markets

NYU Working Paper No. FIN-01-054
Number of pages: 41 Posted: 03 Nov 2008
Andrei Shleifer and Daniel Wolfenzon
Harvard University - Department of Economics and Columbia University - Columbia Business School, Finance
Downloads 60 (479,435)

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Investor Protection and Equity Markets

NBER Working Paper No. w7974
Number of pages: 33 Posted: 22 Oct 2000 Last Revised: 17 Apr 2022
Andrei Shleifer and Daniel Wolfenzon
Harvard University - Department of Economics and Columbia University - Columbia Business School, Finance
Downloads 54 (504,073)
Citation 16

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Investor Protection and Equity Markets

University of Illinois at Urbana-Champaign's Academy for Entrepreneurial Leadership Historical Research Reference in Entrepreneurship
Posted: 24 Nov 2009
Andrei Shleifer and Daniel Wolfenzon
Harvard University - Department of Economics and Columbia University - Columbia Business School, Finance

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Public offerings, Initial public offerings (IPO), Shareholders, Legal protection, Management decisions

5.

Do Ceos Matter?

NYU Working Paper No. FIN-06-032
Number of pages: 35 Posted: 03 Nov 2008
INSEAD - Economics and Political Sciences, National Bureau of Economic Research (NBER) and Columbia University - Columbia Business School, Finance
Downloads 1,889 (12,020)

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Inside the Family Firm: The Role of Families in Succession Decisions and Performance

ECGI - Finance Working Paper No. 132/2006
Number of pages: 54 Posted: 22 Aug 2006
INSEAD - Economics and Political Sciences, Copenhagen Business School - Department of Finance, National Bureau of Economic Research (NBER) and Columbia University - Columbia Business School, Finance
Downloads 1,474 (17,313)
Citation 140

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family firms, successions, CEO turnover, governance

Inside the Family Firm: The Role of Families in Succession Decisions and Performance

NBER Working Paper No. w12356
Number of pages: 48 Posted: 20 Jul 2006 Last Revised: 11 Apr 2022
INSEAD - Economics and Political Sciences, Copenhagen Business School - Department of Finance, National Bureau of Economic Research (NBER) and Columbia University - Columbia Business School, Finance
Downloads 93 (373,777)
Citation 3

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The Investment Behavior of Buyout Funds: Theory and Evidence

RICAFE Working Paper No. 005
Number of pages: 44 Posted: 31 Dec 2003 Last Revised: 04 Sep 2017
Centre for Economic Policy Research (CEPR)Swedish House of Finance, New York University (NYU) - Department of Finance and Columbia University - Columbia Business School, Finance
Downloads 1,318 (20,863)
Citation 11

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Private equity; Buyout funds; Alternative investments; Fund management

8.

Governance Problems in Closely-Held Corporations

Journal of Financial and Quantitative Analysis (JFQA), Forthcoming
Number of pages: 36 Posted: 31 Oct 2008 Last Revised: 10 Jan 2010
Venky Nagar, Kathy R. Petroni and Daniel Wolfenzon
University of Michigan, Stephen M. Ross School of Business, Michigan State University - Eli Broad College of Business and Eli Broad Graduate School of Management and Columbia University - Columbia Business School, Finance
Downloads 841 (39,805)
Citation 6

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Close corporations, Closely-held corporations, Performance, Expropriation, Control Dilution, Ownership

Should Business Groups Be Dismantled? The Equilibrium Costs of Efficient Internal Capital Markets

AFA 2005 Philadelphia Meetings
Number of pages: 40 Posted: 05 Jan 2005
Heitor Almeida and Daniel Wolfenzon
University of Illinois at Urbana-Champaign and Columbia University - Columbia Business School, Finance
Downloads 454 (86,791)
Citation 3

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capital allocation, conglomerates, investor protection, internal capital markets

Should Business Groups Be Dismantled? The Equilibrium Costs of Efficient Internal Capital Markets

Journal of Financial Economics, Forthcoming
Number of pages: 51 Posted: 01 Jun 2005
Heitor Almeida and Daniel Wolfenzon
University of Illinois at Urbana-Champaign and Columbia University - Columbia Business School, Finance
Downloads 214 (193,466)
Citation 6

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Capital allocation, Conglomerates, Investor protection, Internal capital markets

10.
Downloads 509 ( 76,246)
Citation 326

Corporate Governance, Economic Entrenchment and Growth

NYU Working Paper No. 2451/26135
Number of pages: 65 Posted: 13 Oct 2008
Bernard Yin Yeung, Randall Morck and Daniel Wolfenzon
National University of Singapore - Business School, University of Alberta - Department of Finance and Statistical Analysis and Columbia University - Columbia Business School, Finance
Downloads 358 (114,166)
Citation 19

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Corporate Governance, Economic Entrenchment and Growth

NBER Working Paper No. w10692
Number of pages: 65 Posted: 09 Sep 2004 Last Revised: 21 Mar 2021
Randall Morck, Bernard Yin Yeung and Daniel Wolfenzon
University of Alberta - Department of Finance and Statistical Analysis, National University of Singapore - Business School and Columbia University - Columbia Business School, Finance
Downloads 151 (262,895)
Citation 13

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Corporate Governance, Economic Entrenchment and Growth

Journal of Economic Literature, Vol. 43, No. 3, 2005, University of Alberta School of Business Research Paper No. 2013-246
Posted: 27 May 2013 Last Revised: 04 Jun 2013
Randall Morck, Daniel Wolfenzon and Bernard Yin Yeung
University of Alberta - Department of Finance and Statistical Analysis, Columbia University - Columbia Business School, Finance and National University of Singapore - Business School

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The Structure and Formation of Business Groups: Evidence from Korean Chaebols

NYU Working Paper No. FIN-08-012
Number of pages: 57 Posted: 09 Mar 2009 Last Revised: 15 Sep 2011
University of Illinois at Urbana-Champaign, Yonsei University, New York University (NYU) - Leonard N. Stern School of Business and Columbia University - Columbia Business School, Finance
Downloads 400 (100,556)
Citation 13

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Business groups, family firms, firm performance, pyramids, cross-shareholdings, parent company discount

The Structure and Formation of Business Groups: Evidence from Korean Chaebols

NBER Working Paper No. w14983
Number of pages: 48 Posted: 26 May 2009 Last Revised: 11 Dec 2021
University of Illinois at Urbana-Champaign, Yonsei University, New York University (NYU) - Leonard N. Stern School of Business and Columbia University - Columbia Business School, Finance
Downloads 40 (571,573)

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Do Cash Windfalls Affect Entrepreneurship? Evidence from the Spanish Christmas Lottery

Number of pages: 46 Posted: 20 Dec 2018 Last Revised: 02 Feb 2022
ESADE Business School, Nova School of Business and Economics, Columbia University - Columbia Business School, Finance and University of Notre Dame - Mendoza College of Business
Downloads 338 (121,803)
Citation 3

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Entrepreneurship, Firm Creation, Employment Growth, Economic Conditions, Local Income, Aggregate Effects, Financial Constraints

Entrepreneurship and Regional Windfall Gains: Evidence from the Spanish Christmas Lottery

CEPR Discussion Paper No. DP14638
Number of pages: 61 Posted: 08 May 2020
ESADE Business School, Nova School of Business and Economics, Columbia University - Columbia Business School, Finance and University of Notre Dame - Mendoza College of Business
Downloads 2 (879,001)
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Aggregate income, entrepreneurship, Financial Development, firm creation, Local demand, public policy, Self-employment

13.

Drivers of Effort: Evidence from Employee Absenteeism

INSEAD Working Paper No. 2017/53/EPS
Number of pages: 53 Posted: 07 Aug 2017 Last Revised: 23 Aug 2017
Morten Bennedsen, Margarita Tsoutsoura and Daniel Wolfenzon
INSEAD - Economics and Political Sciences, Cornell University and Columbia University - Columbia Business School, Finance
Downloads 191 (215,046)
Citation 1

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family firms; organizational structure; employee effort

14.

The Family Behind the Family Firm: Evidence from Successions in Danish Firms

NYU Working Paper No. CLB-06-002
Number of pages: 40 Posted: 31 Oct 2008
INSEAD - Economics and Political Sciences, Copenhagen Business School - Department of Finance and Columbia University - Columbia Business School, Finance
Downloads 191 (215,046)

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Dissecting the Effect of Credit Supply on Trade: Evidence from Matched Credit-Export Data

Number of pages: 48 Posted: 15 Mar 2011 Last Revised: 10 Jun 2013
London School of Economics & Political Science (LSE), London School of Economics & Political Science (LSE), New York University (NYU) - Department of Finance and Columbia University - Columbia Business School, Finance
Downloads 86 (392,664)
Citation 76

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Dissecting the Effect of Credit Supply on Trade: Evidence from Matched Credit-Export Data

NYU Working Paper No. FIN-11-008
Number of pages: 49 Posted: 06 Nov 2011
London School of Economics & Political Science (LSE), London School of Economics & Political Science (LSE), New York University (NYU) - Department of Finance and Columbia University - Columbia Business School, Finance
Downloads 36 (593,988)

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Dissecting the Effect of Credit Supply on Trade: Evidence from Matched Credit-Export Data

NBER Working Paper No. w16975
Number of pages: 41 Posted: 25 Apr 2011 Last Revised: 20 Nov 2021
London School of Economics & Political Science (LSE), London School of Economics & Political Science (LSE), New York University (NYU) - Department of Finance and Columbia University - Columbia Business School, Finance
Downloads 19 (714,439)
Citation 10

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16.
Downloads 86 (388,981)
Citation 11

Do Firms Respond to Gender Pay Gap Transparency?

NBER Working Paper No. w25435
Number of pages: 71 Posted: 15 Jan 2019 Last Revised: 01 Jan 2022
INSEAD - Economics and Political Sciences, University of North Carolina Kenan-Flagler Business School, Cornell University and Columbia University - Columbia Business School, Finance
Downloads 86 (392,664)

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Do Firms Respond to Gender Pay Gap Transparency?

CEPR Discussion Paper No. DP14237
Number of pages: 73 Posted: 14 Jan 2020 Last Revised: 06 May 2020
INSEAD - Economics and Political Sciences, University of North Carolina Kenan-Flagler Business School, Cornell University and Columbia University - Columbia Business School, Finance
Downloads 0
Citation 12
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Difference-in-Discontinuities, Gender pay gap, transparency

17.

Dissecting the Effect of Credit Supply on Trade

NYU Working Paper No. 2451/31297
Number of pages: 49 Posted: 26 Jun 2013
New York University (NYU) - Department of Finance, London School of Economics & Political Science (LSE), London School of Economics & Political Science (LSE) and Columbia University - Columbia Business School, Finance
Downloads 30 (614,755)

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18.

The Effect of External Finance on the Equilibrium Allocation of Capital

Journal of Financial Economics, Forthcoming
Posted: 01 Sep 2004
Heitor Almeida and Daniel Wolfenzon
University of Illinois at Urbana-Champaign and Columbia University - Columbia Business School, Finance

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capital reallocation, financial development, investor protection, external finance

19.

The Balance of Power in Closely Held Corporations

Posted: 18 May 2001
Morten Bennedsen and Daniel Wolfenzon
INSEAD - Economics and Political Sciences and Columbia University - Columbia Business School, Finance

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Closely held corporations; Ownership structure; Control dilution; Controlling coalition; One-share - one vote