Raghuram G. Rajan
For Corporations, Secured Debt Is Out
The last century has seen a dramatic shift toward unsecured debt thanks to improved accounting practices and a desire for financial flexibility.
Researchers: Efraim Benmelech, Nitish Kumar and Raghuram G. Rajan
August 23, 2024
Does Function Follow Organizational Form?
Lending practices of large and small banks
Researchers: Allen N. Berger, Nathan H. Miller, Mitchell A. Petersen, Raghuram G. Rajan and Jeremy C. Stein
November 1, 2008