Submissions from 2005
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
Credit Ratings as Coordination Mechanisms, Arnoud W. A. Boot, Todd T. Milbourn, and Anjolein Schmeits
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
Incentive Compensation When Executives Can Hedge the Market: Evidence of Relative Performance Evaluation in the Cross Section, Gerald T. Garvey and Todd T. Milbourn
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
Asymmetric Benchmarking in Compensation: Executives are Paid for (Good) Luck But Not Punished for Bad, Gerald T. Garvey and Todd T. Milbourn
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
Evolution of Organizational Scale and Scope, Arnoud W. A. Boot, Anjan V. Thakor, and Todd T. Milbourn
Sunflower Management and Capital Budgeting, Arnoud W. A. Boot, Anjan V. Thakor, and Todd T. Milbourn
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
Do Stock Prices Incorporate the Potential Dilution of Employee Stock Options?, Gerald T. Garvey and Todd T. Milbourn
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
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
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
The Costs, Wealth Effects, and Determinants of International Capital Raising: Evidence from Public Yankee Bonds, Darius P. Miller and John Puthenpurackal
Does an Electronic Stock Exchange Need an Upstairs Market?, Kumar Venkataraman and Hendrik Bessembinder
Submissions from 2001
Corporate Equity Ownership, Strategic Alliances and Product Market Relationships, Jeffrey Allen and Gordon M. Phillips
B2b Emarketplace Announcements and Shareholder Wealth, Andrew H. Chen and Thomas F. Siems
Market Segmentation and the Cost of Capital in International Equity Markets, Vihang R. Errunza and Darius P. Miller
Market-Indexed Executive Compensation: Strictly for the Young, Gerald T. Garvey and Todd T. Milbourn
The Legal Environment and Corporate Valuation: Evidence from Cross-Border Takeovers, David R. Kuipers, Darius P. Miller, and Ajay Patel
Long-Run Performance Following Private Placements of Equity, James S. Linck, Michael G. Hertzel, Michael L. Lemmon, and Lynn L. Rees
Managerial Career Concerns and Investments in Information, Todd T. Milbourn, Anjan V. Thakor, and Richard L. Shockley
Political Constraints on Government Cartelization: The Case of Oil Production Regulation in Texas and Saudi Arabia, James L. Smith and Gary D. Libecap
Regulatory Remedies to the Common Pool: The Limits to Oil Field Unitization, James L. Smith and Gary D. Libecap
The Economic Evolution of Petroleum Property Rights in the United States, James L. Smith and Gary D. Libecap
The Impact of Regulation Fair Disclosure: Trading Costs and Information Asymmetry, Kumar Venkataraman, Rex Thompson, and Venkat Eleswarapu
Submissions from 2000
Corporate Equity Ownership, Strategic Alliances and Product Market Relationships, Jeffrey Allen and Gordon M. Phillips
Boundaries of the Firm: Evidence from the Banking Industry, James A. Brickley, James S. Linck, and Clifford W. Smith
Foreign Market Cash Flow Exposure: A Multi-Country, Firm-Level Study, Robert A. Connolly, Arzu Ozoguz, and David J. Ravenscraft
Bank Incentives, Economic Specialization, and Financial Crises in Emerging Economies, Amar Gande, Kose John, and Lemma W. Senbet
Corporate Call Policy for Nonconvertible Bonds, Tao-Hsien Dolly King and David C. Mauer
The Costs, Wealth Effects and Determinants of International Capital Raising: Evidence from Public Yankee Bonds, Darius P. Miller and John Puthenpurackal
Automated Versus Floor Trading: An Analysis of Execution Costs on the Paris and New York Exchanges, Kumar Venkataraman
Submissions from 1999
An Analysis of Percs, Andrew H. Chen, John Kensinger, and Hansong Pu
Bank Entry, Competition, and the Market for Corporate Securities Underwriting, Amar Gande, Manju Puri, and Anthony Saunders
Bank Entry, Competition, and the Market for Corporate Securities Underwriting, Amar Gande, Manju Puri, and Anthony Saunders
Long-Run Performance Following Private Placements of Equity, Michael G. Hertzel, Michael L. Lemmon, James S. Linck, and Lynn L. Rees
Prestige, Intrafirm Tournaments and Failure Aversion in Corporate Decisions, Todd T. Milbourn, Anjan V. Thakor, and Richard L. Shockley
Stock Splits: Signalling or Liquidity? The Case of Adr 'Solo-Splits', Chris J. Muscarella and Mike Vetsuypens
The Self-Enforcing Provisions of Oil and Gas Unit Operating Agreements: Theory and Evidence, James L. Smith and Gary D. Libecap
Submissions from 1998
Reinventing a Corporation: The "Satellite" Structure of Thermo Electron, Jeffrey Allen
Corporate Equity Ownership and Product-Market Relationships, Jeffrey Allen and Gordon M. Phillips
Cross Subsidies, External Financing Constraints, and the Contribution of the Internal Capital Market to Firm Value, Matthew T. Billett and David C. Mauer
Diversification and the Value of Internal Capital Markets: The Case of Tracking Stock, Matthew T. Billett and David C. Mauer
Expansion of Banking Scale and Scope: Don't Banks Know the Value of Focus?, Arnoud W. A. Boot, Anjan V. Thakor, and Todd T. Milbourn
Killing the Bearer of Ill Tidings: A Theory of Consensus-Provision Moral Hazard, Arnoud W. A. Boot, Anjan V. Thakor, and Todd T. Milbourn
What Happens to CEOs After They Retire? New Evidence on Career Concerns, Horizon Problems, and CEO Incentives, James A. Brickley, Jeffrey L. Coles, and James S. Linck
Valuing Flexible Manufacturing Facilities as Options, Andrew H. Chen, James A. Conover, and John Kensinger
Tests of a Signalling Hypothesis: The Choice between Fixed and Adjustable Rate Debt, José Correia Guedes and Rex Thompson
Market Segmentation and the Cost of Capital in International Equity Markets, Vihang R. Errunza and Darius P. Miller
Investment Under Uncertainty: The Case of Replacement Investment Decisions, David C. Mauer and Steven H. Ott
Can Takeover Losses Explain Spin-Off Gains?, John J. McConnell, Jeffrey Allen, Scott L. Lummer, and Debra K. Reed
Managerial Career Concerns and Project Cycle Time in Capital Budgeting, Todd T. Milbourn, Anjan V. Thakor, and Richard L. Shockley
The Determinants of Corporate Debt Maturity Structure, Mark Hoven Stohs and David C. Mauer
Submissions from 1997
The Management Buyout of White Hen Pantry, Inc., Jeffrey Allen and John J. McConnell
The Market Value and Dynamic Interest Rate Risk of Swaps, Andrew H. Chen and Mo Chaudhury
Bank Underwriting of Debt Securities: Modern Evidence, Amar Gande, Manju Puri, Anthony Saunders, and Ingo Walter
The Executive Compensation Puzzle: Theory and Evidence, Todd T. Milbourn
Submissions from 1996
On the Diversification, Observability, and Measurement of Estimation Risk, Peter Clarkson, José Correia Guedes, and Rex Thompson
Why Do Foreign Firms List in the United States?: An Empirical Analysis of the Depositary Receipt Market, Darius P. Miller
