Select Publications
Journal articles
, 1993, 'Common stock offerings across the business cycle. Theory and evidence', Journal of Empirical Finance, 1, pp. 3 - 31, http://dx.doi.org/10.1016/0927-5398(93)90003-A
, 1992, 'Adverse selection and the rights offer paradox', Journal of Financial Economics, 32, pp. 293 - 332, http://dx.doi.org/10.1016/0304-405X(92)90030-2
, 1991, 'An Investigation of Market Microstructure Impacts on Event Study Returns', Journal of Finance, 46, pp. 1523 - 1536, http://dx.doi.org/10.1111/j.1540-6261.1991.tb04629.x
, 1991, 'Repurchase tender offers and earnings information', Journal of Accounting and Economics, 14, pp. 217 - 251, http://dx.doi.org/10.1016/0165-4101(91)90013-E
, 1990, 'CORRELATIONS IN PRICE CHANGES AND VOLATILITY ACROSS INTERNATIONAL STOCK MARKETS', REVIEW OF FINANCIAL STUDIES, 3, pp. 281 - 307, http://dx.doi.org/10.1093/rfs/3.2.281
, 1988, 'Corporate Investment and Dividend Decisions under Differential Personal Taxation', Journal of Financial and Quantitative Analysis, 23, pp. 369 - 385, http://dx.doi.org/10.2307/2331077
, 1987, 'Changes in ownership structure. Conversions of mutual savings and loans to stock charter', Journal of Financial Economics, 18, pp. 29 - 59, http://dx.doi.org/10.1016/0304-405X(87)90060-2
, 1986, 'Seasoned equity offerings. An empirical investigation', Journal of Financial Economics, 15, pp. 91 - 118, http://dx.doi.org/10.1016/0304-405X(86)90051-6
, 1984, 'HOW BIG IS THE TAX-ADVANTAGE TO DEBT - DISCUSSION', JOURNAL OF FINANCE, 39, pp. 853 - 855
, 1984, 'The valuation effects of stock splits and stock dividends', Journal of Financial Economics, 13, pp. 461 - 490, http://dx.doi.org/10.1016/0304-405X(84)90011-4
, 1984, 'How Big is the Tax Advantage to Debt?: Discussion', The Journal of Finance, 39, pp. 853 - 853, http://dx.doi.org/10.2307/2327949
, 1983, 'The Impact of Capital Structure Change on Firm Value: Some Estimates', Journal of Finance, 38, pp. 107 - 126, http://dx.doi.org/10.1111/j.1540-6261.1983.tb03629.x
, 1982, 'Government intervention in the mortgage market. A study of anti-redlining regulations', Journal of Monetary Economics, 10, pp. 191 - 213, http://dx.doi.org/10.1016/0304-3932(82)90014-9
, 1980, 'LEVERAGE AND DIVIDEND IRRELEVANCY UNDER CORPORATE AND PERSONAL TAXATION', JOURNAL OF FINANCE, 35, pp. 453 - 464, http://dx.doi.org/10.2307/2327405
, 1980, 'Optimal capital structure under corporate and personal taxation', Journal of Financial Economics, 8, pp. 3 - 29, http://dx.doi.org/10.1016/0304-405X(80)90019-7
, 1980, 'STOCK REPURCHASE BY TENDER OFFER - AN ANALYSIS OF THE CAUSES OF COMMON STOCK-PRICE CHANGES', JOURNAL OF FINANCE, 35, pp. 305 - 319, http://dx.doi.org/10.2307/2327388
, 1980, 'The effects of capital structure change on security prices. A study of exchange offers', Journal of Financial Economics, 8, pp. 139 - 178, http://dx.doi.org/10.1016/0304-405X(80)90015-X
, 1976, 'The option pricing model and the risk factor of stock', Journal of Financial Economics, 3, pp. 53 - 81, http://dx.doi.org/10.1016/0304-405X(76)90020-9
, 'Monitoring the Monitor: Distracted Institutional Investors and Board Governance', SSRN Electronic Journal, http://dx.doi.org/10.2139/ssrn.2934755
Conference Papers
, 2020, 'Annual Report of the Society for Financial Studies for 2018-2019', in Review of Corporate Finance Studies, pp. 207 - 226, http://dx.doi.org/10.1093/rcfs/cfz009
, 2015, 'Internal Capital Markets in Family Business Groups during the Global Financial Crisis', Lake Louise, Canada, presented at Northern Finance Association, Lake Louise, Canada, 18 September 2015 - 20 September 2015
, 2012, 'Shareholder Litigation in mergers and Acquisitions', in Journal of Finance, http://www.afajof.org/details/landingpage/2866101/About-the-AFA.html, Chicago USA, presented at 6th Annual Conference on Empirical Legal Studies, Chicago USA, 06 January 2012 - 08 January 2012, http://dx.doi.org/10.1016/j.jcorpfin.2012.08.004
Conference Presentations
, 2016, 'Shareholder wealth consequence of insider pledging of company stock as collateral for personal loans', presented at 2016 Western Finance Association Annual Meeting, Park City, Utah, U.S.A., 19 June 2016 - 23 June 2016
Conference Abstracts
, 1993, 'OVERNIGHT AND DAYTIME STOCK RETURN DYNAMICS ON THE LONDON-STOCK-EXCHANGE', in JOURNAL OF FINANCE, AMER FINANCE ASSN, Vol. 48, pp. 1110 - 1110, https://www.webofscience.com/api/gateway?GWVersion=2&SrcApp=PARTNER_APP&SrcAuth=LinksAMR&KeyUT=WOS:A1993LV00500081&DestLinkType=FullRecord&DestApp=ALL_WOS&UsrCustomerID=891bb5ab6ba270e68a29b250adbe88d1
Reports
, 2024, AUSTRALIAN NOT-FORPROFIT INVESTMENT GOVERNANCE, http://dx.doi.org/10.26190/unsworks/30995
Working Papers
, 2024, Governing Through Votes: Shareholder Responses to Major Environmental and Social Incidents, http://dx.doi.org
, 2024, Investment delegation of private foundations, http://dx.doi.org10.26190/unsworks/30994
, 2019, Internal Capital Markets in Family Business Groups during the Global Financial Crisis, http://dx.doi.org
, 2008, Corporate venture capital, strategic alliances, and the governance of newly public firms, 2008-15, http://dx.doi.org, https://ideas.repec.org/p/hit/hitcei/2008-15.html
, 1982, The Impact on Firm Value of Capital Structure Change, Some Estimates, http://dx.doi.org
Preprints
, 2016, Why Do Family Business Groups Expand by Creating New Public Firms, http://dx.doi.org/10.2139/ssrn.2515164
, A Survey of Recent Evidence on Boards of Directors and CEO Incentives, http://dx.doi.org/10.2139/ssrn.3520265
, Agency Problems at Dual-Class Companies, http://dx.doi.org/10.2139/ssrn.961158
, Agency Problems of Corporate Philanthropy, http://dx.doi.org/10.2139/ssrn.2234221
, Are All Inside Directors the Same? Evidence from the External Directorship Market., http://dx.doi.org/10.2139/ssrn.1108036
, Board Structure and Monitoring: New Evidence from CEO Turnover, http://dx.doi.org/10.2139/ssrn.1787172
, Board Structure and Monitoring: New Evidence from CEO Turnover, http://dx.doi.org/10.2139/ssrn.1746396
, Certification or Expropriation? Business Groups in IPO Markets, http://dx.doi.org/10.2139/ssrn.2024635
, Certification or Expropriation? Business Groups in IPO Markets, http://dx.doi.org/10.2139/ssrn.1721815
, Compensation Gaps Among Top Corporate Executives, http://dx.doi.org/10.2139/ssrn.2517182
, Compensation Gaps Among Top Executives: Evidence of Tournament Incentives or Productivity Differentials?, http://dx.doi.org/10.2139/ssrn.2275455
, Compensation Gaps Among Top Executives: Evidence of Tournament Incentives or Productivity Differentials?, http://dx.doi.org/10.2139/ssrn.2021584
, Corporate Governance and Acquirer Returns, http://dx.doi.org/10.2139/ssrn.697501
, Deal Initiation in Mergers and Acquisitions, http://dx.doi.org/10.2139/ssrn.2297817
, Director Liability Protection and Board Quality, http://dx.doi.org/10.2139/ssrn.3329220
, Directors: Older and Wiser, or Too Old to Govern?, http://dx.doi.org/10.2139/ssrn.3284874
, Do Independent Directors Matter?, http://dx.doi.org/10.2139/ssrn.2022831
, Do Independent Expert Directors Matter?, http://dx.doi.org/10.2139/ssrn.2347187
, Do Independent Expert Directors Matter?, http://dx.doi.org/10.2139/ssrn.2082379
, Do More Transparency & Disclosure Necessarily Enhance Firm Performance?, http://dx.doi.org/10.2139/ssrn.2437021