Essays in corporate finance, political economy, and competition

Ekaterina Neretina

Research output: ThesisDoctoral Thesis

312 Downloads (Pure)


This thesis consists of three chapters and it highlights the implications of limited competition in Financial Economics. The first chapter shows negative externalities from corporate lobbying on the market value of competitor companies that do lobby themselves. It also demonstrates that the competitors do not lobby when they lack voting power to support lawmakers in the elections, or when they fail to coordinate in trade associations. Two other chapters focus on implications of limited competition in intermediation industries. The second chapter shows that segmentation in the corporate bond market results in limited choice of underwriters to the issuers, providing underwriters with high bargaining power and oligopolistic rents. The third chapter shows that dominant plaintiff law firms that charge premium fees for their services do not improve the settlement outcomes for their clients, but merely use their ability to select large and profitable lawsuits.
Original languageEnglish
QualificationDoctor of Philosophy
Awarding Institution
  • Tilburg University
  • Renneboog, Luc, Promotor
  • Ferrell, A., Promotor, External person
Award date3 Jun 2019
Place of PublicationTilburg
Print ISBNs978 90 5668 591 1
Publication statusPublished - 2019


Dive into the research topics of 'Essays in corporate finance, political economy, and competition'. Together they form a unique fingerprint.

Cite this