Michael M. Koerner (1949) Professor of Entrepreneurship
Professor of Finance
Biography | Selected Publications
"Trading Partners in the Interbank Lending Market." Gara Afonso, Anna Kovner, Antoinette Schoar. MIT Sloan Working Paper 5117-14 (2014)
"Trading Partners in the Interbank Lending Market." Gara Afonso, Anna Kovner, and Antoinette Schoar. MIT Sloan Research Paper Series (2014)
Banking Deregulation and Industry Structure: Evidence from the 1985 French Banking Act, joint with Marianne Bertrand and David Thesmar, April 2007, The Journal of Finance.
CEO Careers and Styles, July 2007.
Judge Specific Differences in Chapter 11 and Firm Outcomes, joint with Tom Chang, February 2007.
Secrets of the Academy: The Drivers of University Endowment Success (2007)
Smart Institutions, Foolish Choices: The Limited Partner Performance Puzzle, joint with Josh Lerner and Wan Wong, April 2007, The Journal of Finance.
Does Legal Enforcement Affect Financial Transactions? The Contractual Channel in Private Equity, joint with Josh Lerner, Quarterly Journal of Economics, February 2005. Reprinted in Stijn Claessens and Luc Laeven, editors, Readings in International Corporate Finance, Washington: World Bank, 2006.
The Role of Family in Family Firms, joint Marianne Bertrand, Spring 2006, Journal of Economic Perspectives.
Credit and Product Market Effects of Banking Deregulation: Evidence from the French Experience, joint with Marianne Bertrand and David Thesmar, DICE Report- Journal for Institutional Comparisons, October 2005.
Private Equity Performance: Returns, Persistence and Capital Flows, joint with Steve Kaplan, August 2005 The Journal of Finance.
Mixing Family With Business: A Study of Thai Business Groups and the Families behind them, joint with Marianne Bertrand, Simon Johnson and Kris Samphantharak, May 2004, under revision at Journal of Financial Economics.
Politically connected CEOs and Corporate Outcomes: Evidence from France joint with Marianne Bertrand, Francis Kramarz and David Thesmar, August 2004.
The Illiquidity Puzzle: Evidence from Private Equity Partnerships, joint with Josh Lerner, April 2004, The Journal of Financial Economics.
Managing with Style: The Effect of Managers on Corporate Policy, joint with Marianne Bertrand, November 2003, Quarterly Journal of Economics.
Efficiency of Internal Capital Markets in Diversified Firms, June 2002.
The Effect of Diversification on Firm Productivity, December 2002, The Journal of Finance.
Bankruptcy; Capital budgeting; Corporate finance; Diversification, corporate; Entrepreneurial finance; Europe; Financial services; Germany; India; Personal finance; Private equity