Journal Article
The economics of the private placement market(summary of staff study 166)
Udell, Gregory F.; Prowse, Stephen D.; Rea, John; Carey, Mark S. (1994-01)
Federal Reserve Bulletin , Issue Jan , Pages 5-6

Journal Article
Is Texas' real estate boom a house of cards?
Prowse, Stephen D. (1995-05)
Southwest Economy , Issue May , Pages 1-2, 6

Journal Article
Corporate finance in international perspective: legal and regulatory influences on financial system development
Prowse, Stephen D. (1996-07)
In the postwar period, systems of corporate finance and governance have emerged in the United States, Japan, and Germany that are dramatically different from one another. To date, there has been little focus on why. Stephen Prowse argues that differences in three aspects of the legal and regulatory environments in these countries are responsible. First, the severity of legal and regulatory restraints on financial institutions being "active" investors in firms. Second, the degree to which corporate securities markets are suppressed by regulation. Finally, the degree to which securities ...
Economic and Financial Policy Review , Issue Q III , Pages 2-15

Journal Article
Alternative methods of corporate control in commercial banks
Prowse, Stephen D. (1995-07)
In this article, Stephen Prowse investigates how owners of commercial banks encourage management to follow value-maximizing policies. While the "corporate control mechanism" in nonfinancial firms is well documented, for the banking industry much less evidence is available. Moreover, unique factors in the operating environment of commercial banks may mean that their corporate control mechanism operates differently from that of nonfinancial firms. ; Prowse analyzes a sample of bank holding companies (BHCs) from 1987 to 1992 to determine how many underwent a change in corporate control by ...
Economic and Financial Policy Review , Issue Q III , Pages 24-36

Working Paper
The structure of corporate ownership in Japan
Prowse, Stephen D. (1991)
Finance and Economics Discussion Series , Paper 174

Journal Article
Recent developments in the market for privately placed debt
Prowse, Stephen D.; Rea, John; Carey, Mark S. (1993-02)
Federal Reserve Bulletin , Issue Feb , Pages 77-92

Conference Paper
Alternative methods of corporate control in commercial banks
Prowse, Stephen D. (1994)
Proceedings , Paper 45

Journal Article
Government deficits: good, bad or irrelevant?
Prowse, Stephen D. (1995-05)
Southwest Economy , Issue May , Pages 3-6

Working Paper
Alternative methods of corporate control in commercial banks
Prowse, Stephen D. (1995)
Working Papers , Paper 9507

Conference Paper
Equity capital and entrepreneurs
Prowse, Stephen D. (1999-08)
Proceedings – Rural and Agricultural Conferences , Issue Aug , Pages 11-26