Financial and Investment Policy
How firms make financing and investment decisions, including dividend policy, capital structure, and the real effects of financial constraints on corporate behaviour.
Scholarship
Research
Lena Larkin's research bridges corporate finance and product markets.
Areas of inquiry
Intangible Capital
The growing role of intangibles — patents, brands, and innovation — in firm value, and how intangible capital reshapes investment and competition.
Product Markets
The interplay between corporate finance and product market competition, including industry concentration and how competitive dynamics feed back into financial decisions.
Output
Selected publications & working papers
- 2025 Corporate Environmental Footprint and Product Market Competition Working paper
- 2025 Supply Chain Information and Short-Term Investors Working paper — how short-term investors benefit from the ability to process public supply chain information.
- 2020 Are US Industries Becoming More Concentrated? Review of Finance
Funding
Research grants
- 2017–2024Multiple SSHRC grants supporting projects on patents, corporate social responsibility, product market concentration, and short interest.