Publication series

Perspectives on Leveraged Finance and Fintech


Volume: 28 Topics in Corporate Finance

Author(s): R. de Weijs, A. Jonkers & A. Boot et al.

Year: 2020

ISBN: 978-90-77859-71-1

Price: € 20.00

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This ACCF Topics in Corporate Finance is dedicated to two key public policy issues in finance: one focuses on how to contain highly leveraged financial structures in the economy, the other on the fintech revolution in financial services, and the challenges for banks and policymakers that it may entail. The first contribution by Rolef de Weijs (Professor of Insolvency Law at the University of Amsterdam) and Aart Jonkers (Assistant Professor at the University of Amsterdam Law School) focuses on how to contain financial leverage in Leveraged Buy Outs (LBOs), but also in firms in general. Their basic premise is that limitations on borrowing are needed not only to prevent excessive leverage with its associated (societal) costs, but also to prevent wealth transfers from uncompensated debtors to shareholders. And all this should not stand in the way of legitimate borrowing to finance investment and the operations of the firm. They discuss several approaches in detail, and come to a very interesting discussion when comparing them. 

 

The second contribution, by ECB economists, Peter Hoffmann, Luc Laeven and Lev Ratnovski, together with Arnoud Boot, discusses technological changes and innovations in the financial sector – the emergence of fintech and bigtech (Google, etc.) – and the consequences of that for banks and the challenges that it poses for policymakers. They discuss limitations to these challenges, and the resulting policy implications.

Publications Topics in Corporate Finance

VolumeYearAuthorTitlePrice
282020R. de Weijs, A. Jonkers & A. Boot et al.Perspectives on Leveraged Finance and Fintech€ 20.00
272019Dirk Schoenmaker, Rens van Tilburg, Elisa Achterberg and Max van SonSustainable Finance and Government Policy€ 20.00
262018Arnoud W.A. Boot, Jeroen E. Ligterink and Jens K. MartinUnderstanding Fintech and Private Equity€ 20.00
252017Jeroen E. Ligterink en Jens K. MartinPrivate equity: waardecreatie, herverdeling en excessen€ 20.00
242015Tanju YorulmazerUnderstanding the Crisis: Bank Funding Structures as Source of Instability€ 20.00
232014Anat R. AdmatiTowards a Better Understanding of the Capitalization of Banks€ 20.00
222013Arnoud W.A. BootTransactiemaatschappij en financiële markten: op zoek naar een nieuwe balans€ 20.00
212012Lans BovenbergMacro-oplossingen gezocht: naar integrale oplossingen voor de onevenwichtigheden in wonen, pensioen, ouderenzorg en het bancaire landschap€ 20.00
202011Paul De Grauwe and Arnoud W.A. BootTowards a Fundamental Resolution of the Eurocrisis€ 20.00
192010David T. LlewellynThe Global Banking Crisis and the Post-Crisis Banking and Regulatory Scenario€ 20.00
182010Ludovic PhalippouRegulating Private Equity€ 20.00
172009Frank Partnoy, Arnoud W.A. Boot and Anjan V. ThakorTowards a Fundamental Understanding of Financial Sector Developments€ 20.00
162008Arnoud W. A. BootCorporate finance theorie en financiële crisis in breder perspectief € 20.00
152007Arnoud W.A. Boot, meerdere auteursPrivate equity en aandeelhoudersactivisme€ 20.00
142007X. Vives and V. Strauss-KahnHeadquarters and innovation: does location matter? € 20.00
132006L. Bouchez, M. Knubben, J.A. McCahery and L. Timmerman (eds)The Quality of Corporate Law and the Role of Corporate Law € 20.00
122005J. McCahery and E. VermeulenUnderstanding (Un)incorporated Business Forms € 20.00
112005D. Cumming, G. Fleming and A. SchwienbacherRecent research on the investment behavior of private equity fund managers€ 20.00
102005M.J.G.C. Raaijmakers, G. van Solinge en P. Frentrop Corporate governance: een agenda voor de toekomst€ 20.00
92004Amar BhidéEntrepreneurship and Venture Capital€ 20.00
82004V. Maksimovic, D. Brounen, A. de Jong and K. KoedijkPerspectives on the Theory and Practice of Corporate Finance € 20.00
72003J.J.A. LeenaarsSecuritisatie: Economics en Europees Perspectief€ 20.00
62003U. BhattacharyaGlobal Corporate Governance and Accounting Transparency € 20.00
52002A. Saunders and A. SchmeitsThe Role of Bank Funding for the Corporate Sector: the Netherlands in an International Perspective € 20.00
42001Todd T. MilbournManagement Compensation in the Netherlands: Theory, Evidence, and Best Practice € 12.50
32000A.W.A. Boot and J.E. LigterinkDe Efficiëntie van de Nederlandse Faillissements€ 15.00
22000E.I. Altman and A. Saunders, and A.W.A. Boot, T. Milbourn, and S. DezelanPerspectives on the Regulation of the Financial Services Industry € 12.50
11999I. Walter and A.W.A. BootThe Future of Banking: Two Essays on the Consolidation in the Financial Sector€ 15.00