Submissions from 2011
Why Do U.S. Securities Laws Matter to Non-U.S. Firms? Evidence from Private Class-Action Lawsuits, Amar Gande and Darius P. Miller
Why Do U.S. Securities Laws Matter to Non-U.S. Firms? Evidence from Private Class-Action Lawsuits, Amar Gande and Darius P. Miller
Does Shareholder Coordination Matter? Evidence from Private Placements, Nickolay Gantchev and Indraneel Chakraborty
Refinancing Risk and Cash Holdings, Jarrad Harford, Sandy Klasa, and William F. Maxwell
The Breakdown of Standard Microstructure Techniques: And What to Do About it, Craig W. Holden and Stacey E. Jacobsen
The Flash Crash: High-Frequency Trading in an Electronic Market, Andrei A. Kirilenko, Albert S. Kyle, Mehrdad Samadi, and Tugkan Tuzun
Submissions from 2010
Penny Wise, Dollar Foolish: Buy-Sell Imbalances On and Around Round Numbers, Utpal Bhattacharya, Craig W. Holden, and Stacey E. Jacobsen
Vertical Integration to Avoid Contracting with Potential Competitors: Evidence from Bankers’ Banks, James A. Brickley, James S. Linck, and Clifford W. Smith
Know Thy Neighbor: Industry Clusters, Information Spillovers and Market Efficiency, Joseph Engelberg, Arzu Ozoguz, and Sean Wang
The Costs of Shareholder Activism: Evidence from a Sequential Decision Model, Nickolay Gantchev
Shareholder Voting and Corporate Governance Around the World, Peter Iliev, Karl V. Lins, Darius P. Miller, and Lukas Roth
Uninvited U.S. Investors? Economic Consequences of Involuntary Cross-Listings, Peter Iliev, Darius P. Miller, and Lukas Roth
The 'Real' Value of Conflicted Analyst Coverage, Stacey E. Jacobsen, Irina Stefanescu, and Xiaoyun Yu
Does Takeover Activity Cause Managerial Discipline? Evidence from International M&A Laws, Ugur Lel and Darius P. Miller
Can Managers Use Discretionary Accruals to Ease Financial Constraints? Evidence from Discretionary Accruals Prior to Investment, James S. Linck, Jeffry M. Netter, and Tao Shu
Analyst Forecast Characteristics and the Cost of Debt, Sattar Mansi, William F. Maxwell, and Darius P. Miller
Bankruptcy Prediction Models and the Cost of Debt, Sattar Mansi, William F. Maxwell, and Andrew (Jianzhong) Zhang
Risk Management Research Report - Spring 2010, Christophe Perignon, Daniel R Smith, Bing Liang, and Hyuna Park
Submissions from 2009
Institutional Trading and Stock Resiliency: Evidence from the 2007-2009 Financial Crisis, Amber Anand, Andy Puckett, Paul J. Irvine, and Kumar Venkataraman
Measuring Abnormal Bond Performance, Hendrik Bessembinder, Kathleen M. Kahle, William F. Maxwell, and Danielle Xu
Regulatory Pressure and Fire Sales in the Corporate Bond Market, Andrew Ellul, Chotibhak Jotikasthira, and Christian T. Lundblad
Regulatory Pressure and Fire Sales in the Corporate Bond Market, Andrew Ellul, Chotibhak Jotikasthira, and Christian T. Lundblad
Asset Fire Sales and Purchases and the International Transmission of Funding Shocks, Chotibhak Jotikasthira, Christian T. Lundblad, and Tarun Ramadorai
The Effects and Unintended Consequences of the Sarbanes-Oxley Act on the Supply and Demand for Directors, James S. Linck, Jeffry M. Netter, and Tina Yang
Do Country Level Investor Protections Impact Security Level Contract Design? Evidence from Foreign Bond Covenants, Darius P. Miller and Natalia Reisel
Do Country-Level Investor Protections Impact Security-Level Contract Design? Evidence from Foreign Bond Covenants, Darius P. Miller and Natalia Reisel
Good Times or Bad Times? Investors' Uncertainty and Stock Returns, Arzu Ozoguz
Submissions from 2008
The Use of Foreign Currancy Derivatives, Corporate Governance, and Firm Value Around the World, George Allayannis, Ugur Lel, and Darius P. Miller
Performance of Institutional Trading Desks: An Analysis of Persistence in Trading Cost, Amber Anand, Paul J. Irvine, Andy Puckett, and Kumar Venkataraman
Earnings Quality and Information Asymmetry: Evidence from Trading Costs, Neil Bhattacharya, Hemang Desai, and Kumar Venkataraman
Penny Wise, Dollar Foolish: The Left-Digit Effect in Security Trading, Utpal Bhattacharya, Craig W. Holden, and Stacey E. Jacobsen
The Impact of Legal and Political Institutions on Equity Trading Costs: A Cross-Country Analysis, Venkat Eleswarapu and Kumar Venkataraman
Escape from New York: The Market Impact of Loosening Disclosure Requirements, Nuno Fernandes, Ugur Lel, and Darius P. Miller
Valuation Effects of Global Diversification, Amar Gande, Christoph Schenzler, and Lemma W. Senbet
On Economies of Scale and Persistent Performance in Corporate-Bond Mutual Funds, Roberto C. Gutierrez, William F. Maxwell, and Danielle Xu
Transparency and the Corporate Bond Market, William F. Maxwell and Hendrik Bessembinder
Submissions from 2007
Do Foreigners Facilitate Information Transmission in Emerging Markets?, Kee-Hong Bae, Arzu Ozoguz, Hongping Tan, and Tony S. Wirjanto
Hidden Liquidity: An Analysis of Order Exposure Strategies in Electronic Stock Markets, Hendrik Bessembinder, Marios A. Panayides, and Kumar Venkataraman
Does Earnings Quality Affect Information Asymmetry? Evidence from Trading Costs, Neil Bhattacharya, Hemang Desai, and Kumar Venkataraman
On Distinguishing Between Valuation and Arbitrage Motivated Short Selling, Hemang Desai, Srinivasan Krishnamurthy, and Kumar Venkataraman
A Reexamination of the Tradeoff Between the Future Benefit and Riskiness of R&D Increases, Allan Eberhart, William F. Maxwell, and Akhtar R. Siddique
Corporate Governance and Firm Cash Holdings, Jarrad Harford, Sattar Mansi, and William F. Maxwell
The Strategic Use of Corporate Cash Holdings in Collective Bargaining with Labor Unions, Sandy Klasa, William F. Maxwell, and Hernan Ortiz-Molina
International Cross-Listing, Firm Performance and Top Management Turnover: A Test of the Bonding Hypothesis, Darius P. Miller and Ugur Lel
Endogeneity and the Dynamics of Internal Corporate Governance, M. Babajide Wintoki, James S. Linck, and Jeffry M. Netter
Submissions from 2006
Externalities and Corporate Investment, Evrim Akdogu and Peter MacKay
Investment and Competition, Evrim Akdogu and Peter MacKay
Stockholder and Bondholder Wealth Effects of CEO Incentive Grants, Matthew T. Billett, David C. Mauer, and Yilei Zhang
How the Amt Affect Long-Term Capital Gain Rates, Charles Carslaw, Richard Mason, and John Mills
Does the Stock Market Underreact to R&D Increases?, Allan Eberhart, William F. Maxwell, and Akhtar R. Siddique
Shareholder Initiated Class Action Lawsuits: Shareholder Wealth Effects and Industry Spillovers, Amar Gande and Craig M. Lewis
Are Banks Still Special When There is a Secondary Market for Loans?, Amar Gande and Anthony Saunders
The Valuation Consequences of Voluntary Accounting Changes, James S. Linck, Thomas J. Lopez, and Lynn L. Rees
Creditor Protection Laws and the Cost of Debt, Sattar Mansi, William F. Maxwell, and John K. Wald
The Collateral Value of Fine Art, Rex Thompson and Clare McAndrew
The Value of the Designated Market Maker, Kumar Venkataraman and Andy Waisburd
Submissions from 2005
Measuring Abnormal Bond Performance, Hendrik Bessembinder, Kathleen M. Kahle, William F. Maxwell, and Danielle Xu
Market Transparency, Liquidity Externalities, and Institutional Trading Costs in Corporate Bonds, Hendrik Bessembinder, William F. Maxwell, and Kumar Venkataraman
Market Transparency, Liquidity Externalities, and Institutional Trading Costs in Corporate Bonds, Hendrik Bessembinder, William F. Maxwell, and Kumar Venkataraman
Private Benefits of Control, Ownership, and the Cross-Listing Decision, Craig Doidge, George Andrew Karolyi, René M. Stulz, and Karl V. Lins
The Impact of Legal and Political Institutions on Equity Trading Costs: A Cross-Country Analysis, Venkat Eleswarapu and Kumar Venkataraman
Bank Debt Versus Bond Debt: Evidence from Secondary Market Prices, Amar Gande, Edward I. Altman, and Anthony Saunders
The Influence of Product Market Dynamics on the Firm's Cash Holdings and Hedging Behavior, David Haushalter, Sandy Klasa, and William F. Maxwell
The Valuation Consequences of Voluntary Accounting Changes, James S. Linck, Thomas J. Lopez, and Lynn L. Rees
The Determinants of Board Structure, James S. Linck, Jeffry M. Netter, and Tina Yang
The Effects and Unintended Consequences of the Sarbanes-Oxley Act on the Supply and Demand for Directors, James S. Linck, Jeffry M. Netter, and Tina Yang
Analyst Forecast Characteristics and the Cost of Debt, Sattar Mansi, William F. Maxwell, and Darius P. Miller
Diversification and the Value of Exploration Portfolios, James L. Smith and Rex Thompson
The Value of the Designated Market Maker, Kumar Venkataraman and Andy Waisburd
Submissions from 2004
Shareholder Wealth Effects and Bid Negotiation in Freeze-Out Deals: Are Minority Shareholders Left Out in the Cold?, Thomas W. Bates, Michael L. Lemmon, and James S. Linck
Does Corporate International Diversification Destroy Value? Evidence from Cross-Border Mergers and Acquisitions, Marcelo Braga Dos Santos, Vihang R. Errunza, and Darius P. Miller
Do Short Sellers Target Firms with Poor Earnings Quality? Evidence from Earnings Restatements, Hemang Desai, Srinivasan Krishnamurthy, and Kumar Venkataraman
An Examination of Long-Term Abnormal Stock Returns and Operating Performance Following R&D Increases, Allan Eberhart, William F. Maxwell, and Akhtar R. Siddique
Testing for Negative Expected Market Return Premia, Venkat Eleswarapu and Rex Thompson
The Impact of Legal and Political Institutions on Equity Trading Costs: A Cross-Country Analysis, Venkat Eleswarapu and Kumar Venkataraman
Creating Pay-for-Performance in Financially Troubled Companies, Stuart C. Gilson and Mike Vetsuypens
Do Managers Listen to the Market?, James B. Kau, James S. Linck, and Paul H. Rubin
Does Corporate Governance Matter to Bondholders?, Mark Klock, Sattar Mansi, and William F. Maxwell
Does Corporate Governance Matter to Bondholders?, Mark Klock, Sattar Mansi, and William F. Maxwell
Concentrated Control, Analyst Following and Valuation: Do Analysts Matter Most When Investors are Protected Least?, Mark H. Lang, Karl V. Lins, and Darius P. Miller
Does Auditor Quality and Tenure Matter to Investors? Evidence from the Bond Market, Sattar Mansi, William F. Maxwell, and Darius P. Miller
Security Fungibility and the Cost of Capital: Evidence from Global Bonds, Darius P. Miller and John Puthenpurackal
Good Times or Bad Times? Investors' Uncertainty and Stock Returns, Arzu Ozoguz
Managing a Portfolio of Real Options: Sequential Exploration of Dependent Prospects, James L. Smith and Rex Thompson
Submissions from 2003
Value-Maximizing Managers, Value-Increasing Mergers and Overbidding, Evrim Akdogu
Universal Banking Under Bilateral Information Asymmetry, Sanjay Banerji, Andrew H. Chen, and Sumon C. Mazumdar
The Impact of Regulation Fair Disclosure: Trading Costs and Information Asymmetry, Venkat Eleswarapu, Rex Thompson, and Kumar Venkataraman
News Spillovers in the Sovereign Debt Market, Amar Gande and David C. Parsley
Does Auditor Quality and Tenure Matter to Investors? Evidence from the Bond Market, Sattar Mansi, William F. Maxwell, and Darius P. Miller
Do Spin-Offs Expropriate Wealth from Bondholders?, William F. Maxwell and Ramesh P. Rao
The Wealth Effects of Repurchases on Bondholders, William F. Maxwell and Clifford P. Stephens
Distinguishable Patterns of Competition, Collusion, and Parallel Action, James L. Smith
Inscrutable OPEC: Behavioral Tests of the Cartel Hypothesis, James L. Smith
The Option to Drill Again: Valuing a Sequence of Dependent Trials, James L. Smith
Does an Electronic Stock Exchange Need an Upstairs Market?, Kumar Venkataraman and Hendrik Bessembinder
Submissions from 2002
Bondholder Wealth Effects in Mergers and Acquisitions: New Evidence from the 1980s and 1990s, Matthew T. Billett, Dolly King, and David C. Mauer
Proven Ways to Increase Share Value, Andrew H. Chen, James A. Conover, and John Kensinger
Can Ownership Restrictions Enhance Security Value? Evidence from a Natural Experiment, Amar Gande and Manju Puri
Are Stock Splits Credible Signals? Evidence from Short-Interest Data, Padmaja Kadiyala and Mike Vetsuypens
Adrs, Analysts, and Accuracy: Does Cross Listing in the U.S. Improve a Firm's Information Environment and Increase Market Value?, Mark H. Lang, Karl V. Lins, and Darius P. Miller
