Black Hole Entropy in M-Theory
Juan Maldacena, Andrew Strominger, Edward Witten

TL;DR
This paper computes the microscopic entropy of extremal black holes in M-theory using a two-dimensional sigma model and finds exact agreement with the macroscopic entropy calculations, confirming the microscopic origin of black hole entropy.
Contribution
It provides a detailed microscopic derivation of black hole entropy in M-theory, including quantum corrections, and compares it with macroscopic formulas.
Findings
Exact agreement between microscopic and macroscopic entropy calculations.
Inclusion of one-loop quantum corrections in the entropy.
Validation of the sigma model approach for black hole microstates.
Abstract
Extremal black holes in M-theory compactification on are microscopically represented by fivebranes wrapping , where is a Calabi-Yau threefold and is a four-cycle in . Additional spacetime charges arise from momentum around the and expectation values for the self-dual three-form field strength in the fivebrane. The microscopic entropy of the fivebrane as a function of all the charges is determined from a two-dimensional sigma model whose target space includes the fivebrane moduli space. This entropy is compared to the macroscopic formula. Precise agreement is found for both the tree-level and one-loop expressions.
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