Fewer but Smarter? Human Capital, Finance, and Entrepreneurial Success (with Vojislav Maksimovic), Revise and Resubmit, Management Science

Partisan Friendshoring (with Janet Gao and Pengfei Ma), 2024, Revise and Resubmit, Journal of Finance

• Finalist for the John L. Weinberg/IRRCi Research Paper Award , 2025 University of Delaware Weinberg Center Corporate Governance Symposium 

Open Payment Infrastructure and Market Participation: The Role of Interoperability in Financial Inclusion  (with Yuxi Cheng, Pulak Ghosh, and Nirupama Kulkarni), 2025

Automation under Constraints (with Vojislav Maksimovic, Ariel Weinberger, and Rodimiro Rodrigo), 2025

Macroprudential Regulations and Firm Performance (with Thorsten Beck and Maria Soledad Martinez Peria), 2016

Does Local Financial Development Matter for Firm Lifecycle? Evidence from India (with Asli Demirguc-Kunt and Vojislav Maksimovic), 2014

“Institutions, Firm Financing and Growth” (with Asli Demirguc-Kunt and Vojislav Maksimovic) in Handbook of Development and Institutions, in Jean-Marie Baland, Francois Bourguignon, Jean-Philippe Platteau, and Theirry Verdier eds., Princeton University Press. 2019.

“Financing SMEs and Economic Development” (with Demirguc-Kunt and Vojislav Maksimovic) in Handbook of Finance and Development, in Thorsten Beck, and Ross Levine, eds., Edward Elgar Publishing. 2018.

“Financing in Developing Countries” (with Asli Demirguc-Kunt and Vojislav Maksimovic) in Handbook of the Economics of Finance Vol. 2, in George M Constantinides, Milton Harris, and Rene Stulz, eds., Elsevier B.V. 2013.

Road to Stock Market Participation (with Sumit Agarwal, Yuxi Cheng, and Pulak Ghosh),  Accepted, Management Science

Firm Resiliency: The Role of Spillovers, (with Yuxi Cheng and Ariel Weinberger)

Journal of Financial and Quantitative Analysis, 2025, 60(3): 1527-1557.

The Rise of Star Firms: Intangible Capital and Competition (with Asli Demirguc-Kunt and Vojislav Maksimovic)

Review of Financial Studies 37(3), 2024, 882-949 

Minimum Wage Increases and Employer Performance: Role of Employer Heterogeneity (with Sumit Agarwal and Renata Kosova)

Management Science 70(1), 2023, 225-254.

Access to finance and job growth: Firm-level evidence across developing countries (with Pedro Juarros, Maria Soledad Martinez Peria, and Sandeep Singh)

Review of Finance 25(5), 2021, 1473-1496.

How common are credit-less recoveries? Firm-level evidence on the role of financial markets in crisis recovery (with Asli Demirguc-Kunt and Vojislav Maksimovic) Journal of Corporate Finance, 69, 2021, 102016.

Are large firms born or made? Evidence from developing countries (with Asli Demirguc-Kunt and Vojislav Maksimovic)

Small Business Economics 57(1), 2021, 191-219.

Politics, State Ownership, and Corporate Investments (with Shashwat Alok) 

Review of Financial Studies 33(7), 2020, 3031-3087.

Finance and Poverty: Evidence from India (with Thorsten Beck and Mohammad Hoseini) 

Journal of Corporate Finance 60, 2020, 101-515.

What determines entrepreneurial outcomes across the world? Role of Initial Conditions (with Asli Demirguc-Kunt and Vojislav Maksimovic) Review of Financial Studies 30(7), 2017, 2478-2522.

Strategic Responses to FDI in Emerging Markets: Are Core Members More Responsive than Peripheral Members of Business Groups (with Luis Dau and Jennifer Spencer) 

Academy of Management Journal 58(6), 2015, 1869-1894

Academy of Management Best Paper Proceedings, 2009.

Bribe Payments and Innovation in Developing Countries: Are Innovating Firms Disproportionately Affected (with Asli Demirguc-Kunt and Vojislav Maksimovic) 

Journal of Financial and Quantitative Analysis 49(1), 2014, 51-75.

Who creates jobs in developing countries? (with Asli Demirguc-Kunt and Vojislav Maksimovic) 

Small Business Economics 43, 2014, 75-99.

What determines protection of property rights? An Analysis of Direct and Indirect Effects (with Asli Demirguc-Kunt and Vojislav Maksimovic) 

Journal of Financial Econometrics 11(4), 2013, 610-649.

Firm Innovation in Emerging Markets: Role of Governance and Finance (with Asli Demirguc-Kunt and Vojislav Maksimovic)

Journal of Financial and Quantitative Analysis, Vol. 46, 2011, 1545-1580 (Lead article).

Formal versus Informal Finance: A Case Study of China (with Asli Demirguc-Kunt and Vojislav Maksimovic) 

Review of Financial Studies Vol. 23 (8), 2010, 3048-3097.

Does cross-listing facilitate changes in corporate ownership and control? (with Craig Doidge)

Journal of Banking and Finance Vol. 34(1), 2010,  208-223.

Does FDI facilitate Domestic Entrepreneurship: Evidence from the Czech Republic (with Renata Kosova)

Review of International Economics Vol. 18(1), 2010, 14-29.

How well do Institutional Theories Explain Firms Perceptions of Property Rights? (with Asli Demirguc-Kunt and Vojislav Maksimovic)

Review of Financial Studies 21(4), 2008, 1833-1871.

How Important are Financing Constraints? The role of finance in the business environment (with Asli Demirguc-Kunt and Vojislav Maksimovic) 

World Bank Economic Review 22(3), 2008, 483-516.

Small and Medium Enterprises across the Globe (with Thorsten Beck and Asli Demirguc-Kunt)

Small Business Economics 29(4), 2007, 415-434.