Since Fundamental Analysis is the foundation of our management philosophy, studying is for Dynamo an essential and cotidian tool.

Bibliographic References Dynamo Reports 85 and 86

Booz&co (2012) O Custo da Burocracia no Imóvel

Eklund, J. e Desai, S. (2013)  Entry Regulation and Persistence of Profits in Incumbent Firms

Fiesp (2013) O Peso da Burocracia Tributária na Indústria de Transformação

Gete, P. (2014) Dealing with Construction Permits, Interest Rate Shocks and Macroeconomic Dynamics.

Gillanders, R.  e Whelan, K. (2010) Open For Business? Institutions, Business Environment and Economic Development,University College Dublin

Haidar,  J. (2012) The impact of business regulatory reforms on economic

Growth,  J. Japanese Int. Economies 26

Klapper, L., Laeven, L. e Rajan, R. (2006) Entry regulation as a barrier to entrepreneurship,  Journal of Financial Economics 82

Messaoud, B. e Teheni, Z.  (2013) Business regulations and economic growth: What can be explained? International Strategic Management Review 2

World Bank Group (2015) Doing Business – Going Beyond Efficiency. 12th edition

Click on the title above and meet the bibliography covering the issues in the text of the Dynamo Reports 85 e 86.

Bibliographic References Dynamo Reports 81 and 82

Bevelin, P. (2003) Seeking Wisdom from Darwin to Munger. Walsworth Publishing Co.

Brockman, J. ed. (2013) Thinking. The new science of decision-making, problem solving, and precdiction. HarperCollins, NY.

Camerer, C., Loewenstein, G., Prelec, D. (2005) Neuroeconomics: how neuroscience can inform economics. Journal of Economic Literature Vol. XLIII (March 2005).

Chabris, C., Simons D. (2010) The Invisible Gorilla and other ways our intuitions deceive us. Crown, NY.

Coates, J. (2012) The Hour between Dog and Wolf. Risk taking, gut feelings and the biology of boom and bust. The Pienguin Press, NY.

Damasio, A. (1994) Descartes´ Error: emotion, reason and the human brain. New York, G. P, Putnam.

Finkelstein, S., Sanford, S. (2000) Learning from corporate mistakes: the rise and fall of Iridium.

Finkelstein, S., Whitehead, J., and Campbell, A. (2008) Think Again. Why good leaders make bad decisions and how to keep it from happening to you. Harvard Business Press, Boston.

Gladwell, M. (2005) Blink. The power of thinking without thinking. Little, Brown and Co, NY.

Glimcher, P., Camerer, C., Fehr, E., Poldrack, (2009) R. Neuroecnomics. Decision making and the brain. Elsevier.

Kahneman, D. (2011) Thinking, Fast and Slow. Farrar, Straus and Giroux, NY.

Kahneman, D., Klein, G (2009) Conditions for Intuitive Expertise. A failure to disagree. American Psychologist, September 2009.

Klein, G. (1999) Sources of Power. How people make decisions. The MIT Press, England.

Klein, G. (2011) Streetlights and Shadows. Searching for the keys to adaptive decision making. The MIT Press, London.

Klein, G. (2013) Seeing What Others Don´t. The remarkable way we gain insights. Public Affairs, NY.

Lo, A., Repin, D. (2002) The psychophysiology of real-time financial risk processing. Journal of Cognitive Neuroscience, 14(3).

LeDoux, J. (1996) The Emotional Brain: The mysterious underpinnings of emotional life. New York, Simon and Schuster.

Mauboussin, M. (2009) Think Twice. Harnessing the power of counterintuition. Harvard Business Press, Boston.

Simon, H. (1992) What is an explanation of behavior? Psychological Science, 3.

 Williams, K. (2012) Business Intuition: the mortar among the bricks of analysis. Journal of Management Policy and Practice vol. 13(5).

Click on the title above and meet the bibliography covering the issues in the text of the Dynamo Reports 81 e 82.

Bibliographic References Dynamo Reports 75 and 76

De Grazia, S. (1989) Machiavelli in hell. Princeton University Press.

Ekeland, I. (1991) The broken dice and other mathematical takes of chance. The University of Chicago Press.

Gigerenzer, G. at al. (1989) The Empire of choice. How probability changed science and everyday life. Cambridge University Press.

Roscher, N. (1995) Luck: The brilliant randomness of everyday life. University of Pittsburgh Press.

Pinker, S. (1997) How the mind works. W.W. Norton & Company.

Skinner, Q. (1978) The Foundations of modern political thought, vol I: The Renaissance. Cambridge University Press.

Click on the title above and meet the bibliography covering the issues in the text of the Dynamo Reports 75 e76.

Bibliographic References Dynamo Reports 73 and 74

Arnold, M. (2011) The economics costs of excessive short-termism. Hyperion Asset Management, III Portfolio Construction Forum.

Baber, W. et al. (1991) The effect of concern about reported income on discretionary spending decisions – the case of R&D. The Accounting Review 66.

Barton, D. (2011) Capitalism for the long term. Harvard Business Review.

Bartov, E. (1993) The timing of asset sales and earnings manipulation. The Accounting Review, n. 68.

Bauman, Z. (2000) Modernidade líquida.

Bens, D, et al. (2002) The relationship between stock options and stock repurchases.

Bens, D, et al. (2003) Employee stock options, EPS dilution, and stock repurchases. Journal of Accounting Economics, 36.

Bogle, J. (2005) The mutual fund industry sixty years later: for better and worse? Essay for the 60th anniversary of the Financial Analysts Journal.

Booth, P. (2011) Are financial markets ‘short-termist’? A crucial gap in Haldane´s argument.

Buffett, W. (1983) Berkshire Hathaway, Letter to Shareholders.

Bushee, B. (1998) The influence of institutional investor in myopic R&D investment behavior. Accounting Review 73.

CFA Institute (2005) Breaking the short-term cycle. Discussion and recommendations on how corporate leaders, asset managers, investors, and analysts can refocus on long-term value.

Cheng, M. et al (2007) Earnings guidance and managerial myopia.

Dallas, L. (2011) Short-termism, the financial crises and corporate governance. University of San Diego, Legal Studies Research Paper Series, n. 11-052.

Dechow, P., Sloan, R. (1991) Executive incentives and the horizon problem: an empirical investigation. Journal of Accounting and Economics, 14.

Kahneman, D. (2011) Thinking fast and slow.

Dierickx, I., Cool, K. (1989) Asset stock accumulation and sustainability of competitive advantage. Management Science, vol. 35, n.12.

Frederick, S. et al. (2002) Time discounting and time preference: a critical review. Journal of Economic Literature, vol 40, n. 2.

Graham, J. et al. (2006) Value destruction and financial reporting decisions. Financial analysts Journal, v. 62, n. 6.

Gorga, E (2008) Changing the paradigm of stock ownership from concentrated towards dispersed ownership? Evidence from Brazil and consequences for emerging countries. Cornell Law Library, FGV Law School-SP.

Greenwood, D. (2005) Democracy and Delaware: the mysterious race to the top/bottom. University of Utah, S.J. Quinney College of Law.

Ferrarini, G., Miller, G. (2009) Takeover regulation in the United States and Europe. Cornell International Law Journal, vol. 42.

Friedlander, J. (2008) Overturn Time-Warner three different ways. Delaware Journal of Corporate Law, vol. 33.

Gilson, R. (2000) Unocal fifteen years later (and what we can do about it).

Haldane, A. (2010) Patience and Finance. Bank of England, Speech at the Oxford China Business Forum, Beijing.

Haldane, A. (2011) The Short long. Bank of England, Speech at the 29th Sociètè Universitaire Européenne de Recherches Financieres, Brussels.

Institute for Sustainable Futures (2007) Causes of short-termism in the financial sector.

James III, R. (2010) Applying neuroscience to financial planning practice: framework and review. Texas Tech University.

Karlsson, P. et al. (2008) CEO succession 2007: the performance paradox.

Keynes, J. M. (1936) The general theory of employment, interest and money.

Laibson, D. (1997) Golden eggs and hyperbolic discounting. The Quarterly Journal of Economics.

Laverty, K. (1996) Economic “short-termism”: the debate, the unresolved issues, and the implications for management practice and research. The Academy of Management Review, vol 21, n.

Marathon Club (2006) Long-term, long-only investing, a consultation paper.

Mauboussin, M. (2006) Long-term investing in a short-term world. How psychology and incentives shape the investment industry. Legg Mason Capital Management.

McClure, S. et al. (2004) Separate neural systems value immediate and delayed monetary rewards. American Association for the Advancement of Science, vol 306, n. 5695.

Mizik, N. (2010) The theory and practice of myopic management. Journal of Marketing Research, vol XLVII.

Metcalfe, J.e Mischel, W. (1999) A hot/cool-system analysis of delay of gratification: dynamics of willpower. Psychological Review, 106.

Montier, J. (2007) Behavioral investing. John Wiley and Sons.

Rappaport, A. (2005) The Economics of short-term performance obsession. Financial analysts Journal, vol 61, n.3.

Repenning, N., Henderson, R. (2010) Making the numbers? “Short termism” & the puzzle of only occasional disaster, NBER, working paper 16367.

Roychowdhury, S. (2006) Earnings management through real activities manipulation. Sloan School of Management, MIT.

Sanfey, A. et al. (2006) Neuroeconomics: cross-currents in research on decision-making. Trends in Cognitive Science, 10(3).

Shleifer, A. e Vishy, R. (1990) The new theory of the firm; equilibrium short horizons of investors and firms. AEA Papers and Proceedings, vol 80, n.2.

Click on the title above and meet the bibliography covering the issues in the text of the Dynamo Reports 73 e74.

Bibliographic References Dynamo Reports 71 and 72

Ahdieh, R. (2009) The (misunderstood) genius of American corporate law. Emory University School of Law, research paper n. 10-57.

Armour, J., Skeel, D. (2006) Who whites the rules for hostile takeovers, and why? - The peculiar divergence of US and UK takeover regulation. Center for Business Research, University of Cambridge.

Armour, J. et alli (2010) A comparative analysis of hostile takeover regimes in the US, UK and Japan (with implications for emerging markets).

Armour, J. et alli (2011) The evolution of hostile takeover regimes in develop and emerging markets: an analytical framework. Harvard International Law Journal, vol. 52.

Bebchuk, L. (1992) Federalism and the corporation: the desirable limits on state competition in corporate law. Harvard Law Review, vol. 105. n.7.

Bebchuk, L. (2002) The case against board veto in corporate takeovers. The University of Chicago Law Review, vol. 69.

Bebchuk, L., Ferrel, A. (1999) Federalism and Takeover law: the race to protect managers from takeovers.

Bebchuk, L., Ferrel, A. (2001) A new approach to takeover law and regulatory competition. NBER, working paper n. 8148.

Bebchuk, L., Ferrel, A. (2002) On takeover law and regulatory competition. Harvard Law School. Harvard Law School, discussion paper n. 363.

Bebchuk, L., Hamdani, A. (2002) Optimal defaults for corporate law evolution. Harvard Law School, discussion paper n. 343.

Bebchuk, L., Hamdani, A. (2002) Vigorous race or leisurely walk: reconsidering the competition over corporate charters. Harvard Law School, discussion paper n. 376.

Black, B. (2001) The principal fiduciary duties of boards of directors. Presentation at 3th Asian Roundtable on Corporate Governance.

Black, B., Kraakman, R. (2002) Delaware´s takeover law: the uncertain search for hidden value. Northwestern University Law Review, vol 96, n. 2.

Comissão de Valores Imobiliários (2007) Instrução n. 461.

Comissão de Valores Imobiliários (2010) Instrução n. 487.

Davidoff, S. (2007) The SEC and the failure of federal takeover regulation. Florida State University Law Review, vol n. 34.

Davies, H (2004) What´s left for self-regulation.

Davies, P. at alli. (2010) The takeover directive as a protectionist tool? ECGI, working paper n. 141.

Eizirik, N., at alli (2010), Proposta de criação do CAF, submetida à BM&Bovespa.

Gorga, E (2008) Changing the paradigm of stock ownership from concentrated towards dispersed ownership? Evidence from Brazil and consequences for emerging countries. Cornell Law Library, FGV Law School-SP.

Greenwood, D. (2005) Democracy and Delaware: the mysterious race to the top/bottom. University of Utah, S.J. Quinney College of Law.

Ferrarini, G., Miller, G. (2009) Takeover regulation in the United States and Europe. Cornell International Law Journal, vol. 42.

Friedlander, J. (2008) Overturn Time-Warner three different ways. Delaware Journal of Corporate Law, vol. 33.

Gilson, R. (2000) Unocal fifteen years later (and what we can do about it).

Hamermesh, L. (2006) The policy foundations of Delaware corporate law. Columbia Law Review, working paper, vol 106, n. 7, forthcoming.

Hamermesh, L. (2007) How we make law in Delaware, and what to expect from us in the future. Journal of Business & Technology Law, vol 2.

Hill, J. (2010) Takeovers, poison pills and protectionism in comparative corporate governance. University of Sidney, Faculty Law.

Iantosca, J. (2007) corporate board authority in takeover bids: a comparative analysis of the EU and US approaches. University of Lund, Faculty of Law.

Jordan, C, Hughes, P. (2007) Which way for market institutions: the fundamental question of self-regulation. Berkeley Business Law Journal.

Jr, Leo S. (2005) The Delaware way: how we do corporate law and some of the new challenges we (and Europe) face. Delaware Journal of Corporate Law, vol. 30.

Jr, Lewis B. (2007) Why corporations choose Delaware? Delaware Department of State.

Kahan, M., Rock, E. (2005) Symbiotic federalism and the structure of corporate law. Vanderbilt Law Review, vol.58.

Kihlstrom, R., Watcher, M. (2005) Corporate policy and the coherence of Delaware takeover law. University of Pennsylvania Law School.

Lipton, M. at alli (2001) pills, polls and professors: a reply to professor Gilson. New York University, Center for Law and Business.

Magnuson, W. (2009) Takeover regulation in the US and Europe: an institution approach. Harvard Law School.

Mukwiri, J. (2011) The myth of tactical litigation in UK takeovers. Durham University Research.

Nilsen, A. (2004) The EU takeover directive and the competitiveness of European industry. OCGG Economy analysis, n. 1.

Patricia, K (2011) Use of derivatives by shareholder activists. Torys on M&A.

Roe, M. (1994) Strong managers, weak owners: The political roots of American corporate finance. Princeton University Press.

Roe, M. (2005) Delaware´s Politics. Harvard Law School, discussion paper n. 511.

Roe, M. (2009) Delaware and Washington as corporate lawmakers. Delaware Journal of Corporate Law, vol n. 34.

Rosenzweig, B. (2007) Private versus public regulation: a comparative analysis of British and American takeover controls. Duke University School of Law.

Securities and Exchange Commission (2011) Beneficial ownership reporting requirements and security-based swaps.

Scalia, A. (1995) Common-law courts in a civil-law system: the role of US Federal Couts in interpreting the Constitution and laws. The Tanner Lectures on Human Values, Princeton University.

Swift, J. (2011) Takeover panel sweetens code for targets after Cadbury lesson.

The Panel on Takeovers and Mergers (2009). The Takeover Code. Ninth edition.

The Panel on Takeovers and Mergers (2010) Review of certain aspects of the regulation of takeover bids.

US Court of Appeals for the Second Circuit (2008) CSX x The Children´s Investment Fund Mgmt.

Williams, A. (2004) An economics theory of self-regulation. London School of Economics and Political Science.

Click on the title above and meet the bibliography covering the issues in the text of the Dynamo Reports 71 e72.

Bibliographic References Dynamo Reports 69 and 70

Attuch, R., Zagatti, F. (2011) ‘Demystifying’ debt affordability in Brazil. Barclays Capital. Equity Research.

Barrajas, A., Dell´Ariccia, G. (2007) Credit booms: the good, the bad, the ugly. IMF Research Department.

Banco Central do Brasil. (abril 2011). Relatório de Estabilidade Financeira.

Banco Central do Brasil (junho 2011) Pesquisa trimestral de condições de crédito no Brasil. Trabalhos para discussão, n. 245.

Beck, T., Demirguç-Kunt, A., Levine, R. (2005) Bank concentration, competition, and crises: first results.

Coelho, C., Funchal, B., Mello, J. (2010) The Brazilian payroll lending experiment. PUC-RJ, Texto para Discussão, n. 573.

D´Arista, J. (2009) Financial concentration. Wall Street Watch, Working Paper n. 3.

Dell´Ariccia, G., Igan, D., Laeven, L. (2008) Credit booms and lending standards: evidence from the subprime mortgage market. IMF Research Department.

Djankov, S., McLiesh, C., Shleifer, A. (2005) Private credit in 129 countries. NBER.

Dodd, C. (2007) Hearing on preserving the American dream: predatory lending practices and home foreclosures. Opening Statement. 07.02.2007.

Dynan, K., Kohn, D. (2007) The rise in US household indebtedness: causes and consequences. Federal Reserve Board. Washington, DC.

Faria, J. (2011) A closer look at Brazil´s credit boom. Deutsche Bank Economics. EM Special Publication, 22.07.2011

Federal Reserve of New York (2010) Why is the market share of adjustable-rate mortgages so low? Current Issues in Economics and Finance, vol. 16, n.8.

Foote, C., Gerardi, K., Goette, L., Willen,. P. (2008) Subprime facts: what (we think) we kwnow about the subprime crisis and what we don´t. Federal Reserve Bank of Boston. Public Policy, Discussion Papers.

Gartner, A., Vanolini, F., Loes, A. (2011) Brazil credit bubble: myth or reality? HSBC Global Research.

Gourinchas, P., Valdés, R., Landerretche, O. (2001) Lending booms: Latin America and the world. NBER.

Guiso, L., Sapienza, P., Zingales, L. (2009) Moral and social constraints to strategic default on mortgages. NBER, Working Paper, n. 15145.

Haldane, A. (2009) Rethinking the financial network. Bank of England.

Haldane, A. (2010) What is the contribution of the financial sector – miracle or mirage? The Future of Finance Report, LSE.

Hale, G. (2011) Bank relationships, business cycles, and financial crisis. Federal Reserve Bank of San Francisco.

Keys, B., Mukherjee, T., Seru, A., Vig. V. (2008) Did Securitization lead to lax screening? Evidence from subprime loans.

Leblon Equities (2011). Carta n. 7, Julho 2011.

Leahy, J. Brazil credit bubble fear as defaults rise. Financial Times, 19.06.2011.

Maki, D. (2000) The growth of consumer credit and the household debt service burden. Board of Governors of the Federal Reserve System.

Marshall, P. Brazil may be heading for a subprime crisis. Financial Times, 21.02.2011.

Marshall, P., Rajpal, A. Brazil risks tumbling from boom to bust. Financial Times, 04.07.2011.

Muellbauer, J. (2007) Housing, Credit, and Consumer Expenditure. Nuffield College, Oxford.

Partnoy, F. The coming world of smaller banks. Financial Times, 10.08.2011.

Reinhart, C., Rogoff, K. (2008) Is the US sub-prime financial crisis so different? An international historical comparison. NBER.

Sharma, D. (2009) Testimony before the US House of Representatives.

Zywicki, T., Okloski, G. (2009) The housing market crash. Working Paper, Mercatus Center, George Mason University.

Click on the title above and meet the bibliography covering the issues in the text of the Dynamo Reports 69 e70.

Bibliographic References Dynamo Reports 62 and 63.

Akerlof, G., Shiller, R. (2009) Animal Spirits: How Human Psychology Drives the Economy, and Why It Matters for Global Capitalism. Princeton University Press.

Amin, M. (2007) New Directions for Understanding Systematic Risk. National Academy of Sciences, Washington, DC.

Barabási, A. (2002) Linked. A Plume Book.

Bookstaber, R. (2007) A Demon of Our Own Design: Markets, Hedge Funds, and the Perils of Financial Innovation. John Wiley & Sons, New Jersey.

Buchanan, M. (2002) Nexus: Small Worlds and the Groundbreaking Theory of Networks. W.W. Norton.

Fama, E., French, K. (2005) Disagreement, Tastes, and Asset Prices.

Foster, J. (2004) From Simplistic to Complex Systems in Economics. University of Queensland, Discussion Paper n. 335.

Fox, Justin (2009) The Myth of the Rational: Market A History of Risk, Reward, and Delusion on Wall Street. Harper Business/Harper Collins Publishers.

Fleckenstein, W., Sheehan, F. (2008) Greenspan\'s Bubbles : The Age of Ignorance at the Federal Reserve. New York, McGraw-Hill.

Gigerenzer, G. (2007) Gut Feelings: The Intelligence of the Unconscious. Penguin Books, London.

Grantham, J (2009) Lesson Not Learned: On Redesigning Our Current Financial System. GMO, Quarterly Letter, Special Topic.

Greenspan, A. (2000) Technology and the Economy. Remarks. NY City.

Greenspan, A. (2007) The Age of Turbulence: Adventures in a New World. The Penguin Press.

Haldane, A. (2009) Rethinking the Financial Network. Bank of England.

Herrmann-Pillath, C. (2009) Foundations of Evolutionary Economics. Edward Elgar.

Jansen, M. (1978) Some Anomalous Evidence Regarding Market Efficiency. Journal of Financial Economics 6, ns 2/3.

Jansen, M (2004) Agency Costs of Overvaluaded Equity. European Corporate Governance Institute, Working Paper n. 39.

Krugman, P. (2009) School for Scoundrels. NY Times, 06.08.2009.

Lo, A.W. (2004) The Adaptive Market Hypothesis: Market Efficient from an Evolutionary Perspective. The Journal of Portfolio Management. 30th anniversary issue.

Lo, A.W. (2005) Reconciling Efficient Markets with Behavioral Finance: The Adaptive Markets Hypothesis.

Lo, A.W. (2008) Hedge Funds, Systematic Risk, and Financial Crisis of 2007-2008. Testimony Prepared for the US House of Representatives Committee on Oversight and Government Reform. Hearing on Hedge Funds

May, R., Levin, S., Sugihara, G. (2008) Complex Systems: Ecology for Bankers. Nature 451, Feb-2008

Mills, J. (2006) Biodiversity Loss and Emerging Infectious Disease: An Example from the Rodent-borne Hemorrhagic Fevers. Biodiversity, 7 (1), 2006.

Nier, E., Yang, J. Yorulmazer, T, Alentorn, A. (2008) Network Models and Financial Stability. Bank of England.

Pröpper, M., Lelyveld, I., Heijmans, R. (2008) Towards a Network Description of Interbank Payment Flows. DNB (DE Nederlandsche Bank) Working Paper.

Shefrin, H. (2000) Beyond Greed and Fear: Understanding Behavioral Finance and the Psychology of Investing. Harvard Business School Press.

Shiller, R.J. (2000) Irrational Exuberance. Princeton. NJ: Princeton University Press.

Soros, G (1987) The Alchemy of Finance. John Wiley & sons, New Jersey.

Watts, D. (2003) Six Degrees: The Science of a Connected Age. WW Norton.

Watts, D., Strogatz, S. (1998) Collective Dynamics of ‘Small-World’ Networks. Nature vol. 393-4.

Click on the title above and meet the bibliography covering the issues in the text of the Dynamo Reports 62 e 63.

Bibliographic References Dynamo Reports 55 and 56

Arthur, B. W. (1990) Positive feedbacks in economy. Scientific American, Feb.

Arthur, B. W. (1995) Increasing returns and path dependence in the economy. Michigan.

Arthur, B.W., Durlauf, S., Lane, D. (1997) The Economy as an evolving complex system II. SFI.

Ash, S. Opinions and Social Pressure. Scientific American, 193.

Axelrod, R. (1990) The evolution of cooperation. Penguin Books

Bak, P. (1996) How nature works: the science of self-organized criticality. Copernicus, NY.

Ball, P. (2006) Critical mass: how one thing leads to another. Farran, Straus and Giroux, NY.

Beinhocker, E. (2006) The origin of wealth. Evolution, complexity, and the radical remaking of economics. Harvard Business School.

Bookstaber, R. (2007) A demon of our own design. Markets, hedge funds, and the perils of financial innovation. John Wiley & Sons.

Buchanan, M. (2000) Ubiquity. Why catastrophes happen. Three Rivers Press.

Checkland, P. (1981) Systems thinking, systems practice. John Wiley & Sons

Cowan, G., Pines, D., Meltzer, D. (1994) Complexity: metaphors, models and reality. SFI.

Cutler, D., Poterba, J., Summers L. (1993) What moves stock prices? - In Advance in Behavioral Finance, Thaler, R. (ed.) Russell Sage. NY.

Epstein, J. & Axtel, R. (1996) Growing artificial societies: social science from the bottom up. Brookings Institution Press.

Gleick, J. (1987) Chaos: making a new science. Cardinal, Archweld & Co.

Hayek, F. (1948) Individualism and economic order. Chicago University Press.

Hagstrom, R. (2000) Investing: the last liberal art. Texere, NY.

Holland, J. (1995) Hidden order: how adaptation builds complexity. Helix Books, NY.

Jensen, H. (1998) Self-organized criticality. Emergent complex behavior in physical and biological systems. Cambridge.

Johnson, S. (2001) Emergence. Scriben. NY

Lewin, R. (1999) Complexity life at the edge of chaos. Chicago.

Mandelbrot, B. (2004) The (mis)behavior of markets: a fractal view od risk, ruin, and reward. Basic Books.

Mauboussin, M. (2006) More than you know: finding financial wisdom in unconventional places. Columbia University Press.

Miller, J. & Page, S. (2007) Complex adaptive systems: an introduction to computational models of social life. Princeton.

Mittleton-Kelly, E. (2003) Complex Systems and Evolutionary Perspectives on Organization. Elsevier, UK.

Nicolis, G. & Prigogine, I. (1989) Exploring Complexity. W. H. Freeman.

Page, S. (2007) The difference: how the power of diversity creates better groups, firms, schools, and societies. Princeton.

Seeley, T. (1996) The wisdom of the hive: the social physiology of honey bee colonies. Harvard University Press.

Simon, H. (1996) The Sciences of the artificial. Cambridge.

Sornette, D. (2003) Why stock markets crash: critical events in complex financial systems, Princeton.

Surowiecki, J. (2004) The wisdom of crowds. Doubleday.

Varela, F. & Maturana, H. (1992) The Tree of Knowledge. Shambhala.

Waldrop, M. (1992) Complexity. Simon & Schuster Paperbacks, NY.

Watts, D. (2003) Six Degrees. The science of a connected age. WW Norton & Company.

Click on the title above and meet the bibliography covering the issues in the text of the Dynamo Reports 55 and 56.

Bibliographic References Dynamo Reports 51 and 52

Atanassov, J. (2005) Quiet Life of Managerial Myopia: The Impact of Antitakeover Legislation on Technological Innovation. Department of Finance, University of Michigan.

Baker, G., Smith, G. (1998) The New Financial Capitalists: KKR and the Creation of Corporate Value. Cambridge University Press.

Bebchuk, L., Roe, M. (1999) A Theory of Path Dependence in Corporate Governance and Ownership. Columbia Law School.

Bebchuk, L., Hart, O. (1999) A Rent-Protection Theory of Corporate Ownership and Control. NBER, Working paper n. 7203

Bebchuk, L., Hart, O. (2001) Takeover Bid vs. Proxy Fights in Contests for Corporate Control. NBER, Working paper n. 8633

Bebchuk, L., Coates IV, J., Subramanian, G. (2002) The Powerful Antitakeover Force of Staggered Boards: Theory, Evidence and Policy. NBER, Working paper n. 8974

Bebchuk, L. (2002) The Case Against Board Veto in Corporate Takeovers. NBER, Working paper n. 9078

Bebchuk, L. (2003) Why Do Firms Adopt Antitakeover Arrangements. NBER, Working Paper n. 10.190

Bebchuk, L., Coehn, A. (2005) The Costs of Entrenched Boards. Journal of Finance Economics, 78.

Bertrand, M., Mullainathan, S. (2003) Enjoying the Quiet Life? Corporate Governance and Managerial Preferences. Journal of Political Economy 111.

Bolton, P., von Thadden, E. (1998) Blocks, Liquidity, and Corporate Control. Journal of Finance, 53.

Borokhovich, K., Brunarski, K., Parino, R. (1997) CEO Contract and Antitakeover Amendments. The Journal of Finance, 52.

Bratton, W., McCahery, J. (2002) Comparative Corporate Governance and Barriers to Global Cross Reference, in McCahery at all ed.

Caton, G., Goh, J. (2003) Shareholder Rights and Shareholder Rights Plans: Poison, Placebo or Prescription? Washington & Singapore Universities.

Chandler, A (1988) The Essential Alfred Chandler. Essays Toward a Historical Theory of Big Business. Cambridge, Harvard University Press.

Cheffins, B. (2003) Mergers and Corporate Ownership Structure: The United States and Germany at the Turn of 20th Century. The American Journal of Comparative Law, vol 51.

Cheffins, B. (2004) Mergers and the Evolution of Patterns of Corporate Ownership and Control: The British Experience. University of Chicago.

Chi, J., Lee, S. (2005) The Conditional Nature of the Value of Corporate Governance. North Dakota & Texas Universities.

Coats IV, (2000a) J. Takeovers Defenses in the Shadow of the Pill: A Critique of the Scientific Evidence, 79 Tex L Rev 271, 337.

Coats IV, (2000b) Explaining Variation in Takeover Defenses: Failure in the Corporate Law Market. Harvard Law School, discussion Paper n. 297.

Coffee, J. Jr, Lowenstein, L., Rose-Ackerman, S. (ed.) (1988) Knights, Raiders & Targets – The Impact of the Hostile Takeover. New York, Oxford University Press.

Coffee, J. Jr (2001) The Rise of Dispersed Ownership: The Role of Law in the Separation of Ownership and Control. Columbia Law School.

Dickerson, A., Gibson, H., Tsakalotos, E. (1988) Takeover Risk and the Market for Corporate Control: The Experience of British Firms in the 1970s and 1980s. University of Kent at Cantebury.

Dyck, A. (2000) Ownership Structure, Legal Protections and Corporate Governance. Harvard Business School.

Earle, J., Kucsera, C., Telegdy, A. (2004) Ownership Concentration and Corporate Performance on the Budapest Stock Exchange: Do Too Many Cooks Spoil the Goulash? Upjohn Institute Staff ,Working Paper, n. 03-93.

Edwards, J., Weichenrieder, A. (1999) Ownership Concentration and Share Valuation: Evidence from Germany. University of Cambridge & CESifo, Munich.

Forstinger, C. (2002) Takeover Law in the EU and the USA: A Comparative Analysis. Kluwer Law International

Georgakopoulos, N. (1997) Corporate Defense Law for Dispersed Ownership. University of Connecticut School of Law.

Goergen, M., Martynova, M., Renneboog, L. (2005) Corporate Governance Convergence: Evidence from Takeover Regulation Reforms in Europe. Tjalling C. Koompmans Research Institute. Utrecht University of Economics.

Gordon, J. Corporations and the Realm of the Market . Columbia University School of Law, Working Paper n. 47.

Gordon, J. (1997) Just Say Never? Poison Pills, Deadhand Pills, and Shareholder-Adopted Bylaws: An Essay for Warren Buffett. Columbia University School of Law, Working Paper n. 134.

Gordon, J. (1997) The Shaping Force of Corporate Law in the New Economic Order University of Richmond Law Review, vol 31.

Gordon, J., Roe, M. (2004) Convergence and Persistence in Corporate Governance, Cambridge University Press.

Gilson, R., Gordon, J. Controlling Controlling Shareholders. Columbia Law School, Working Paper n. 228.

Gompers, P., Ishii, J., Metrick, A. (2003) Corporate Governance and Equity Prices. Quaterly Journal of Economics, 118.

Haan, M., Riyanto, Y. (2006) The Effects of Takeover Threats on Shareholders and Firm Value. Journal of Economic Behavior & Organization, vol. 56.

Hannes, S. (2002) The hidden Virtue of Antitakeover Defenses. Harvard Law School, Discussion Paper n. 354.

Hannes, S. (2003) A Demand-Side Theory of Antitakeover Defenses. Berkeley Program in Law & Economics, Working Paper n. 93.

Helwege,J., Pirinsky, C., Stulz, R. (2005) Why Do Firms Become Widely Held? An Analysis of the Dynamics of Corporate Ownership. NBER, Working Paper n. 11.505.

Herrigel, G. (2006) Corporate Governance: History Without Historians University of Chicago.

Holderness, C., (2003) A Survey of Blockholders and Corporate Control. FRBNY Economic Policy Review, apr.

Jensen, M (1988) Takeovers: Their Causes and Consequences. Harvard Business School

Jensen, M (2000) A Theory of the Firm – Governance, Residual Claims, and Organizational Forms. Massachusets, Harvard University Press.

Laeven, L., Levine, R. (2006) Complex Ownership Structures and Corporate Valuations, NBER, Working Paper n. 12675.

La Porta, R., Lopez-De-Silanez, F., Shleifer, A., Vishny, R. Investor Protection and Corporate Governance.

La Porta, R., Lopez-De-Silanez, F., Shleifer, A., Vishny, R. (1997) Legal Determinants of External Finance. The Journal of Finance, vol. 52, n. 3.

La Porta, R., Lopez-De-Silanez, F., Shleifer, A., Vishny, R. (1998) Law and Finance. The Journal of Political Economy, vol. 106, n. 6.

La Porta, R., Lopez-De-Silanez, F., Shleifer, A., Vishny, R. (1999) Corporate Ownership Around the World. The Journal of Finance, vol. 54, n. 2.

La Porta, R., Lopez-De-Silanez, F., Shleifer, A., Vishny, R. (2000) Agency Problems and Dividend Policies around the World. The Journal of Finance, vol. 55, n. 1.

Lins, K. (2002) Equity Ownership and Firm Value in Emerging Markets. Draft: forthcoming in The Journal of Financial and Quantitative Analysis.

McCahery, J., Moerland, P., Raaijmakers, T., Renneboog, L. (2002) Corporate Governance Regimes. Oxford University Press, New York.

Mahoney, JM, Sundaramurthy, C., Mahoney, JT (1997) The Effects of Corporate Antitakeover Provisions on Long-term Investment: Empirical Evidence. Managerial and Decision Economics, vol. 18.

Mikkelson, W e Partch M (1997) The Decline of Takeovers and Disciplinary Managerial Turnover. Journal of Financial Economics 44.

Monks, R., Minow., N. (1995) Corporate Governance. Blackwell Publishers, Massachussets.

Oprea, R. (2005) Free Cash Flow and Takeover Threats: An Experimental Study. Interdisciplinary Center for Economic Science.

O`Sullivan, M. (2000) Contests for Corporate Control. Corporate Governance and Economic Performance in the United States and Germany. New York, Oxford University Press.

Otten, J., Heugens, P., Schenk, E (2006) Corporate Governance Reforms and Firm Ownership around the World. Tjalling C. Koompmans Research Institute. Utrecht University of Economics.

Rajan, R., Zingales, L (2003) Saving Capitalists from the Capitalists. Princeton: Princeton University Press

Roe, M. Political Determinants of Corporate Governance: Political Context, Corporate Impact. Harvard Law School. Discussion Paper n. 451.

Roe, M (2006) Legal Origins and Stock Markets in the Twentieth Century. Harvard University.

Santaló, J (2004) Determinants of Corporate Anti-takeover Provisions. Department of Strategic Management, Instituto de Empresa, Madri.

Scott, J. (2000) Drexel Burnham Lambert: A Ten-Year Retrospective. Austrian Scholar´s Conference. Auburn University.

Shleifer, A., Vishny, R. (1988) Value Maximization and the Acquisition Process. Journal of Economic Perspectives, 2.

Sholten, R. (2004) The Impact of the Changes in the Takeover Market on Managerial Entrenchment. University of Florida.

Sokolyk, T. (2006) Effects of Anti-takeovers Provisions on Acquisition Targets. Pennsylvania State University.

Stein, J (1988) Takeover Threats and Managerial Myopia. Journal of Political Economy, 96.

Villalonga, B., Amit, R. (2004) How Do Family Ownership, Control, and Management Affect Firm Value? Harvard Business School & The Wharton School

Zhao, M. (2002) Acquisition Decisions and CEO Turnover: Do Bad Bidders Get Fired? University of Pittsburgh.

Click on the title above and meet the bibliography covering the issues in the text of the Dynamo Reports 51 e 52.

Bibliographic References Dynamo Reports 49 and 50

Kahneman, D. (ed.) Judgment under Uncertainty: Heuristics and Biases. Cambridge University Press, 1982.

Amihud, Y., Hauser, S., Kirsh, A. Allocations, Adverse Selection, and Cascades in IPO: Evidence from the Tel Aviv Stock Exchange. Journal of Finance Economics 68 (2003) 137-158.

Boehme, R., Danielsen, B., R., Sorescu, S. The Valuation Effects of Dispersion of Opinion: Premium or Discount? Draft Out-2002

Brau, J., Fawcett, S. Initial Public Offerings: An Analysis of Theory and Practice. Submitted to The Journal of Finance, 2004.

Cornelli, F., Goldreich, D., Ljungqvist, A. Investor Sentiment and Pre-IPO Markets.

Degeorge, F., Derrien F., Womack., K. Analyst Hype in IPOs: Explaining the Popularity of Bookbuilding. Draft set-2005.

Fields, L. Is Institutional Investment in Initial Public Offerings Related to the Long-run Performance of these Firms? Working Paper, UCLA, 1995.

Freitas, R., Passoni, P. Brazilian Capital Markets and Private Equity: a New Reality or Just a Fad? Harvard Business School, May-2006.

Hurt, C. Moral Hazard and Initial Public Offering. University of Texas School of Law. Draft Mar-2004.

Ibbotson, R., Jaffe, J. ‘Hot Issue’ Markets. Journal of Finance 30, 1027-1042, 1975.

Jagannathan, R., Sherman, A. Why Do IPO Auctions Fail? NBER Working Paper 12.151, Mar-2006.

Leal, R. Using Accounting Information in Prospectuses to Invest in Brazilian IPOs during High inflation Years. Feb-2004.

Lowry, M., Schwert G. Biases in the IPO Pricing Process. NBER Working Paper 8.586, Nov-2001.

Lowry, M., Schwert, W. IPO Market Cycles: Bubbles or Sequential Learning? The Journal of Finance, vol LXVII, n. 3, jun 2002.

Lowry, M. Why Does IPO Volume Fluctuate so Much? Submitted to Journal of Financial Economics 2002.

Ljungqvist, A., Nanda, V., Singh, R. Hot Markets, Investor Sentiment, and IPO Pricing. Nov-2003.

Miller, E. Risk, Uncertainty, and Divergence of Opinion. Journal of Finance, 1151-1168, 1977.

Miller., E. Long Run Underperformance of Initial Public Offerings: An Explanation. University of New Orleans, Feb-2000.

Pagano, M., Panetta, F., Zingales, L. Why Do Companies Go Public? An Empirical Analysis. NBER Working Paper 5.367, Nov-1995.

Ritter, J. The Long Run Performance of Initial Public Offerings in Advances in Behavioral Finance, ed. Thaler, R., 1993

Ritter, J. Initial Public Offerings. University of Florida, Spring-1998.

Ritter, J., Welch, I. A Review of IPO Activity, Pricing, and Allocations. NBER, Working Paper 8.805, fev-2002.

Rocholl, J. How Does the Underwriter Match Allocation and Demand in IPO Bookbuilding? University of North Carolina at Chapel Hill, Apr-2004.

Schultz, P. Pseudo Market Timing and the Long-Run Underperformance of IPOs. University of Notre Dame, Apr-2002.

Click on the title above and meet the bibliography covering the issues in the text of the Dynamo Reports 49 and 50.