Publications: René Stulz

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  • Affiliation: Professor of Finance, Ohio State University
  • Google Scholar ID: Jz0-RSMAAAAJ
  • Total Publications: 350

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Title Year Citations Score
The determinants and implications of corporate cash holdings
Journal of financial economics 52 (1), 3-46, 1999
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1999 5803 99.8%
Managerial discretion and optimal financing policies
Journal of financial Economics 26 (1), 3-27, 1990
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1990 6479 99.8%
Why do US firms hold so much more cash than they used to?
The journal of finance 64 (5), 1985-2021, 2009
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2009 4113 99.7%
Tobin's q, corporate diversification, and firm performance
Journal of political economy 102 (6), 1248-1280, 1994
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1994 4510 99.7%
The determinants of firms' hedging policies
Journal of financial and quantitative analysis 20 (4), 391-405, 1985
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1985 4891 99.7%
Why is there a home bias? An analysis of foreign portfolio equity ownership in Japan
Journal of Financial Economics 46 (1), 3-28, 1997
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1997 3769 99.6%
Managerial control of voting rights: Financing policies and the market for corporate control
Journal of financial Economics 20, 25-54, 1988
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1988 4128 99.5%
Firm size and the gains from acquisitions
Journal of financial economics 73 (2), 201-228, 2004
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2004 3351 99.5%
Globalization, corporate finance, and the cost of capital
Global Corporate Governance, 106-134, 2009
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2009 2494 99.4%
Dividend policy and the earned/contributed capital mix: a test of the life-cycle theory
Journal of Financial economics 81 (2), 227-254, 2006
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2006 2508 99.4%
Wealth destruction on a massive scale? A study of acquiring‐firm returns in the recent merger wave
The journal of finance 60 (2), 757-782, 2005
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2005 2150 99.2%
Why are foreign firms listed in the US worth more?
Journal of financial economics 71 (2), 205-238, 2004
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2004 2337 99.2%
The credit crisis around the globe: Why did some banks perform better?
Journal of financial economics 105 (1), 1-17, 2012
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2012 1812 99.1%
Rethinking risk management
Corporate Risk Management, 87-120, 2008
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2008 1949 99.1%
Culture, openness, and finance
Journal of financial Economics 70 (3), 313-349, 2003
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2003 2333 99.1%
Why do countries matter so much for corporate governance?
Journal of financial economics 86 (1), 1-39, 2007
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2007 1925 99.1%
Leverage, investment, and firm growth
Journal of financial Economics 40 (1), 3-29, 1996
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1996 2217 99.0%
How valuable is financial flexibility when revenue stops? Evidence from the COVID-19 crisis
The Review of Financial Studies 34 (11), 5474-5521, 2021
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2021 506 99.0%
Bank CEO incentives and the credit crisis
Journal of financial economics 99 (1), 11-26, 2011
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2011 1592 99.0%
A test of the free cash flow hypothesis: The case of bidder returns
Journal of financial economics 29 (2), 315-335, 1991
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1991 1860 98.9%
Managerial performance, Tobin's Q, and the gains from successful tender offers
Journal of financial Economics 24 (1), 137-154, 1989
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1989 1599 98.8%
Does the contribution of corporate cash holdings and dividends to firm value depend on governance? A cross‐country analysis
The Journal of Finance 61 (6), 2725-2751, 2006
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2006 1577 98.8%
The limits of financial globalization
The journal of finance 60 (4), 1595-1638, 2005
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2005 1499 98.7%
Optimal hedging policies
Journal of Financial and Quantitative analysis 19 (2), 127-140, 1984
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1984 1430 98.6%
Are internal capital markets efficient?
The Quarterly Journal of Economics 113 (2), 531-552, 1998
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1998 1641 98.5%
Do foreign investors destabilize stock markets? The Korean experience in 1997
Journal of Financial economics 54 (2), 227-264, 1999
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1999 1595 98.5%
A new approach to measuring financial contagion
The Review of Financial Studies 16 (3), 717-763, 2003
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2003 1624 98.4%
Why do markets move together? An investigation of US‐Japan stock return comovements
The Journal of Finance 51 (3), 951-986, 1996
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1996 1411 98.4%
A model of international asset pricing
Journal of financial economics 9 (4), 383-406, 1981
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1981 1170 98.3%
Contagion and competitive intra-industry effects of bankruptcy announcements: An empirical analysis
Journal of financial economics 32 (1), 45-60, 1992
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1992 1358 98.2%
Enterprise risk management: Theory and practice
Journal of applied corporate finance 18 (4), 8-20, 2006
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2006 1144 98.1%
On the effects of barriers to international investment
The Journal of Finance 36 (4), 923-934, 1981
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1981 1058 98.1%
Executive compensation: Where we are, and how we got there
Handbook of the Economics of Finance 2, 211-356, 2013
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2013 843 98.0%
Options on the minimum or the maximum of two risky assets: analysis and applications
Journal of Financial Economics 10 (2), 161-185, 1982
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1982 869 97.6%
An analysis of secured debt
Journal of financial Economics 14 (4), 501-521, 1985
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1985 1056 97.6%
Access to capital, investment, and the financial crisis
Journal of Financial economics 110 (2), 280-299, 2013
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2013 713 97.5%
Differences in governance practices between US and foreign firms: Measurement, causes, and consequences
The Review of financial studies 22 (8), 3131-3169, 2009
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2009 850 97.5%
Asset sales, firm performance, and the agency costs of managerial discretion
Journal of financial economics 37 (1), 3-37, 1995
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1995 949 97.3%
Risk management, firm reputation, and the impact of successful cyberattacks on target firms
Journal of Financial Economics 139 (3), 719-749, 2021
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2021 227 97.3%
Do domestic investors have an edge? The trading experience of foreign investors in Korea
The Review of Financial Studies 18 (3), 795-829, 2005
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2005 909 97.2%
The US listing gap
Journal of Financial Economics 123 (3), 464-487, 2017
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2017 527 97.2%
Do local analysts know more? A cross-country study of the performance of local analysts and foreign analysts
Journal of financial economics 88 (3), 581-606, 2008
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2008 820 97.1%
Credit default swaps and the credit crisis
Journal of Economic Perspectives 24 (1), 73-92, 2010
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2010 769 97.0%
Are financial assets priced locally or globally?
Handbook of the Economics of Finance 1, 975-1020, 2003
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2003 1015 97.0%
Seasoned equity offerings, market timing, and the corporate lifecycle
Journal of financial economics 95 (3), 275-295, 2010
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2010 754 97.0%
This time is the same: Using bank performance in 1998 to explain bank performance during the recent financial crisis
The Journal of Finance 67 (6), 2139-2185, 2012
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2012 586 96.5%
Fintech, bigtech, and the future of banks
Journal of Applied Corporate Finance 31 (4), 86-97, 2019
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2019 320 96.5%
Private benefits of control, ownership, and the cross‐listing decision
The Journal of Finance 64 (1), 425-466, 2009
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2009 663 96.5%
When are analyst recommendation changes influential?
The review of financial studies 24 (2), 593-627, 2011
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2011 560 95.8%
Liquid-claim production, risk management, and bank capital structure: Why high leverage is optimal for banks
Journal of financial economics 116 (2), 219-236, 2015
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2015 383 95.2%
Global financial markets and the risk premium on US equity
Journal of Financial Economics 32 (2), 137-167, 1992
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1992 584 95.0%
Has New York become less competitive than London in global markets? Evaluating foreign listing choices over time
Journal of Financial Economics 91 (3), 253-277, 2009
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2009 507 94.9%
Hedge fund contagion and liquidity shocks
The Journal of Finance 65 (5), 1789-1816, 2010
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2010 501 94.9%
Why do private acquirers pay so little compared to public acquirers?
Journal of Financial Economics 89 (3), 375-390, 2008
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2008 532 94.9%
The Squam Lake report: fixing the financial system
Journal of Applied Corporate Finance 22 (3), 8-21, 2010
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2010 494 94.8%
Why do firms appoint CEOs as outside directors?
Journal of Financial Economics 97 (1), 12-32, 2010
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2010 492 94.8%
Why did some banks perform better during the credit crisis? A cross-country study of the impact of governance and regulation
National Bureau of Economic Research, 2009
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2009 492 94.7%
Corporate governance and the home bias
Journal of financial and quantitative analysis 38 (1), 87-110, 2003
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2003 627 94.6%
International competition and exchange rate shocks: a cross-country industry analysis of stock returns
The review of Financial studies 14 (1), 215-241, 2001
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2001 632 94.5%
Is sell‐side research more valuable in bad times?
The journal of finance 73 (3), 959-1013, 2018
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2018 274 94.4%
The pricing of options with default risk
The Journal of Finance 42 (2), 267-280, 1987
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1987 447 94.2%
Corporate acquisitions, diversification, and the firm's life cycle
The Journal of Finance 71 (1), 139-194, 2016
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2016 302 94.1%
Is the US public corporation in trouble?
Journal of Economic Perspectives 31 (3), 67-88, 2017
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2017 278 93.9%
The distribution of target ownership and the division of gains in successful takeovers
The Journal of Finance 45 (3), 817-833, 1990
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1990 446 93.8%
Divestitures and the liquidity of the market for corporate assets
Journal of financial Economics 64 (1), 117-144, 2002
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2002 541 93.5%
Why are US stocks more volatile?
The Journal of Finance 67 (4), 1329-1370, 2012
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2012 357 93.4%
The economics of conflicts of interest in financial institutions
Journal of Financial Economics 85 (2), 267-296, 2007
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2007 434 93.3%
Financial globalization, governance, and the evolution of the home bias
Journal of Accounting Research 47 (2), 597-635, 2009
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2009 406 93.2%
How do diversity of opinion and information asymmetry affect acquirer returns?
The Review of Financial Studies 20 (6), 2047-2078, 2007
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2007 431 93.2%
How different is Japanese corporate finance? An investigation of the information content of new security issues
The review of financial studies 9 (1), 109-139, 1996
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1996 453 93.1%
Hedge funds: Past, present, and future
Journal of Economic Perspectives 21 (2), 175-194, 2007
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2007 413 92.9%
Handbook of the Economics of Finance SET
Elsevier Ltd., 2021
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2021 104 92.8%
Do investors trade more when stocks have performed well? Evidence from 46 countries
The Review of Financial Studies 20 (3), 905-951, 2007
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2007 406 92.8%
Do banking shocks affect borrowing firm performance? An analysis of the Japanese experience
The Journal of Business 73 (1), 1-23, 2000
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2000 494 92.5%
How much do banks use credit derivatives to hedge loans?
Journal of Financial Services Research 35, 1-31, 2009
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2009 358 92.2%
Managerial ownership dynamics and firm value
Journal of Financial Economics 92 (3), 342-361, 2009
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2009 357 92.1%
Are daily cross-border equity flows pushed or pulled?
Review of Economics and Statistics 86 (3), 641-657, 2004
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2004 425 92.1%
International portfolio flows and security markets
Working Paper, 1999
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1999 424 91.6%
The US left behind? Financial globalization and the rise of IPOs outside the US
Journal of Financial Economics 110 (3), 546-573, 2013
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2013 262 91.2%
Risk management & derivatives
(No Title), 2003
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2003 417 91.1%
Foreign equity investment restrictions, capital flight, and shareholder wealth maximization: Theory and evidence
The Review of Financial Studies 8 (4), 1019-1057, 1995
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1995 347 91.1%
Risk management failures: What are they and when do they happen?
Journal of Applied Corporate Finance 20 (4), 39-48, 2008
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2008 326 91.0%
Why do firms become widely held? An analysis of the dynamics of corporate ownership
The Journal of Finance 62 (3), 995-1028, 2007
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2007 334 90.9%
Does the stock market make firms more productive?
Journal of Financial Economics 136 (2), 281-306, 2020
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2020 120 90.8%
Do US firms hold more cash than foreign firms do?
The Review of Financial Studies 29 (2), 309-348, 2016
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2016 204 90.8%
Asset pricing and expected inflation
The Journal of Finance 41 (1), 209-223, 1986
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1986 292 90.3%
Does financial structure matter for economic growth? A corporate finance perspective
Financial Structure and Economic Growth: A Cross-Country Comparison of Banks …, 2001
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2001 357 89.6%
International portfolio choice and asset pricing: An integrative survey
Handbooks in operations research and management science 9, 201-223, 1995
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1995 293 89.3%
Why does fast loan growth predict poor performance for banks?
The Review of Financial Studies 31 (3), 1014-1063, 2018
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2018 149 88.9%
Should we fear derivatives?
Journal of Economic perspectives 18 (3), 173-192, 2004
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2004 309 88.8%
Do firms in countries with poor protection of investor rights hold more cash?
National Bureau of Economic Research, 2003
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2003 309 88.0%
Eclipse of the public corporation or eclipse of the public markets?
Journal of Applied Corporate Finance 30 (1), 8-16, 2018
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2018 136 87.7%
Financial structure, corporate finance and economic growth
International Review of Finance 1 (1), 11-38, 2000
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2000 303 87.4%
Firm rigidities and the decline in growth opportunities
Management Science 63 (9), 3000-3020, 2017
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2017 143 87.2%
Why do foreign firms leave US equity markets?
The Journal of Finance 65 (4), 1507-1553, 2010
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2010 225 86.9%
Firm value, risk, and growth opportunities
National bureau of economic research, 2000
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2000 284 86.5%
Do shareholders of acquiring firms gain from acquisitions?
National Bureau of Economic Research, 2003
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2003 262 85.8%
Corporate deleveraging and financial flexibility
The Review of Financial Studies 31 (8), 3122-3174, 2018
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2018 116 85.6%
Risk‐taking and risk management by banks
Journal of Applied Corporate Finance 27 (1), 8-18, 2015
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2015 149 85.5%
The underreaction hypothesis and the new issue puzzle: Evidence from Japan
The review of financial studies 12 (3), 519-534, 1999
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1999 225 84.2%
Why high leverage is optimal for banks
National Bureau of Economic Research, 2013
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2013 155 84.1%
An equilibrium model of exchange rate determination and asset pricing with nontraded goods and imperfect information
Journal of Political Economy 95 (5), 1024-1040, 1987
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1987 168 84.0%
Do independent director departures predict future bad events?
The Review of Financial Studies 30 (7), 2313-2358, 2017
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2017 114 83.9%
Do firms issue more equity when markets become more liquid?
Journal of Financial Economics 133 (1), 64-82, 2019
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2019 84 83.7%
Why are firms with more managerial ownership worth less?
Journal of financial economics 140 (3), 699-725, 2021
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2021 51 83.6%
The Eurobond market and corporate financial policy: A test of the clientele hypothesis
Journal of Financial Economics 22 (2), 189-205, 1988
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1988 180 83.6%
The pricing of stock index options in a general equilibrium model
Journal of Financial and Quantitative Analysis 24 (1), 1-12, 1989
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1989 167 83.4%
Handbook of the Economics of Finance: Corporate finance
Elsevier, 2003
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2003 221 83.4%
Have exchange-listed firms become less important for the economy?
Journal of Financial Economics 143 (2), 927-958, 2022
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2022 31 83.2%
US banks, crises, and bailouts: From Mexico to LTCM
American Economic Review 90 (2), 28-31, 2000
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2000 213 82.5%
Do domestic investors have more valuable information about individual stocks than foreign investors?
National bureau of economic research, 2001
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2001 204 82.2%
Tobin's q and the gains from successful tender offers
College of Business, Ohio State University, 1988
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1988 152 80.9%
The effect of market conditions on initial public offerings
Graduate School of Business, University of Chicago, 1995
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1995 157 80.9%
Why did holdings of highly rated securitization tranches differ so much across banks?
The Review of Financial Studies 27 (2), 404-453, 2014
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2014 117 80.3%
Pricing capital assets in an international setting: An introduction
Journal of International Business Studies 15, 55-73, 1984
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1984 121 80.0%
Is there a US high cash holdings puzzle after the financial crisis?
Fisher College of Business working paper, 07, 2013
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2013 122 79.9%
Handbook of the Economics of Finance
A Survey of Behavioral Finance (1052-1090), Elsevier Science BV, 2003
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2003 173 79.5%
Banks, the IMF, and the Asian crisis
Pacific-Basin Finance Journal 8 (2), 177-216, 2000
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2000 176 79.4%
What is the impact of successful cyberattacks on target firms?
National Bureau of Economic Research, 2018
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2018 80 79.2%
Multinationals and the high cash holdings puzzle
National Bureau of Economic Research, 2012
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2012 125 79.1%
Securities laws, disclosure, and national capital markets in the age of financial globalization
Journal of Accounting Research 47 (2), 349-390, 2009
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2009 141 79.1%
Why don't all banks practice regulatory arbitrage? Evidence from usage of trust-preferred securities
The Review of Financial Studies 29 (7), 1821-1859, 2016
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2016 94 78.8%
Interest rates and monetary policy uncertainty
Journal of Monetary Economics 17 (3), 331-347, 1986
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1986 122 78.7%
Is post-crisis bond liquidity lower?
National Bureau of Economic Research, 2017
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2017 85 78.4%
The cost of capital in internationally integrated markets: The case of Nestlé
European Financial Management 1 (1), 11-22, 1995
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1995 135 78.3%
Information, trading and stock returns: Lessons from dually-listed securities
Journal of Banking & Finance 20 (7), 1161-1187, 1996
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1996 140 78.1%
Currency preferences, purchasing power risks, and the determination of exchange rates in an optimizing model
Journal of Money, Credit and Banking 16 (3), 302-316, 1984
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1984 108 78.0%
Ways companies mismanage risk
Harvard Business Review 87 (3), 2009
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2009 133 77.9%
Portable country governance and cross-border acquisitions
Journal of International Business Studies 48, 148-173, 2017
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2017 83 77.9%
Risk management, governance, culture, and risk taking in banks
Economic Policy Review, Issue Aug, 43-60, 2016
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2016 88 77.4%
Why are corporate payouts so high in the 2000s?
Journal of Financial Economics 142 (3), 1359-1380, 2021
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2021 37 77.4%
Macroeconomic time-series, business cycles and macroeconomic policies
Carnegie-Rochester Conference Series on Public Policy 22, 9-53, 1985
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1985 112 77.4%
Public versus private equity
Oxford Review of Economic Policy 36 (2), 275-290, 2020
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2020 50 76.9%
Do US firms have the best corporate governance? A cross-country examination of the relation between corporate governance and shareholder wealth
National Bureau of Economic Research, 2007
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2007 131 76.7%
On takeover resistance, managerial discretion, and shareholder wealth
Journal of Financial Economics 20 (1/2), 25-54, 1988
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1988 114 76.1%
Globalization of capital markets and the cost of capital: The case of Nestlé
Journal of Applied Corporate Finance 8 (3), 30-38, 1995
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1995 115 75.4%
How much do banks use credit derivatives to reduce risk?
National Bureau of Economic Research, 2005
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2005 123 74.4%
Corporate cash holdings
Journal of applied corporate finance 14 (1), 55-67, 2001
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2001 129 74.2%
Dividend policy, agency costs, and earned equity
National Bureau of Economic Research, 2004
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2004 127 74.1%
Is there a global market for convertible bonds?
Journal of Business, 75-91, 1992
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1992 101 73.9%
Redistribution by insurance market regulation: Analyzing a ban on gender-based retirement annuities
Journal of financial economics 91 (1), 38-58, 2009
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2009 103 72.6%
Did capital requirements and fair value accounting spark fire sales in distressed mortgage-backed securities?
National Bureau of Economic Research, 2012
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2012 88 71.5%
An analysis of the wealth effects of Japanese offshore dollar-denominated convertible and warrant bond issues
Journal of Financial and Quantitative Analysis 30 (2), 257-270, 1995
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1995 93 71.3%
The dark side of outside directors: Do they quit when they are most needed?
National Bureau of Economic Research, 2010
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2010 96 71.2%
Is bank-centered corporate governance worth it? A cross-sectional analysis of the performance of Japanese firms during the asset price deflation
National Bureau of Economic Research, 1997
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1997 101 71.2%
Why does capital no longer flow more to the industries with the best growth opportunities?
National Bureau of Economic Research, 2016
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2016 66 70.8%
What's wrong with modern capital budgeting?
Dice Center Working Paper, 1999
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1999 102 70.7%
Why Does Equity Capital Flow out of High Tobin’s Industries?
The Review of Financial Studies 34 (4), 1867-1906, 2021
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2021 28 70.6%
Why did small business Fintech lending dry up during March 2020?
National Bureau of Economic Research, 2021
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2021 27 69.8%
The risks of financial institutions
University of Chicago Press, 2007
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2007 94 69.7%
On the effects of barriers to international asset pricing
Journal of Finance 25, 783-794, 1981
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1981 60 66.9%
The US left behind: The rise of IPO activity around the world
National Bureau of Economic Research, 2011
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2011 75 66.7%
How companies can use hedging to create shareholder value
Journal of Applied Corporate Finance 25 (4), 21-29, 2013
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2013 65 65.8%
Does joining the S&P 500 index hurt firms?
National Bureau of Economic Research, 2020
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2020 31 65.2%
Equity-market liberalizations as country IPO's
American Economic Review 93 (2), 97-101, 2003
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2003 83 65.2%
Financial policies and the financial crisis: How important was the systemic credit contraction for industrial corporations?
National Bureau of Economic Research, 2010
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2010 71 64.4%
Why did some banks perform better during the credit crisis
A Cross-Country Study of the Impact of Governance and Regulation, Fischer …, 2009
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2009 70 63.9%
Are the largest banks valued more highly?
The Review of Financial Studies 32 (12), 4604-4652, 2019
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2019 34 62.9%
The demand for foreign bonds
Journal of International Economics 15 (3-4), 225-238, 1983
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1983 47 62.2%
The risks of financial institutions
National Bureau of Economic Research, 2005
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2005 69 62.2%
Identifying and quantifying exposures
Fisher College of Business, The Ohio State University, 1996
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1996 61 62.2%
Merton Miller and modern finance
Financial Management, 119-131, 2000
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2000 72 61.9%
Properties of daily stock returns from the Pacific Basin stock markets: Evidence and implications
Pacific-Basin capital markets research 1, 155-171, 1990
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1990 54 61.8%
Globalization, governance, and the returns to cross-border acquisitions
National Bureau of Economic Research, 2011
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2011 61 61.6%
Why do foreign firms have less idiosyncratic risk than US firms?
National Bureau of Economic Research, 2009
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2009 63 61.5%
Diversification to mitigate expropriation in the tobacco industry
Journal of Financial Economics 89 (1), 136-157, 2008
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2008 65 61.5%
Shareholder wealth and firm risk
Dice Center Working Paper, 2000
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2000 70 61.3%
Governance, risk management, and risk-taking in banks
National Bureau of Economic Research, 2014
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2014 52 60.9%
Do firms with specialized M&A staff make better acquisitions?
Journal of Financial Economics 147 (1), 75-105, 2023
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2023 7 60.9%
Were there fire sales in the RMBS market?
Journal of Monetary Economics 122, 17-37, 2021
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2021 19 60.2%
The role of equity markets in international capital flows
International capital flows, 235-306, 1999
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1999 60 59.9%
Does the cost of capital differ across countries? An agency perspective
European Financial Management 2 (1), 11-22, 1996
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1996 54 59.6%
Is there hedge fund contagion?
National Bureau of Economic Research, 2006
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2006 60 59.3%
Were there fire sales in the RMBS market?
Charles A. Dice Center Working Paper, 2014
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2014 48 58.8%
Risk bearing, labor contracts, and capital markets
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1983 38 58.0%
Are larger banks valued more highly?
National Bureau of Economic Research, 2017
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2017 37 57.8%
An analysis of divisional investment policies
National Bureau of Economic Research, 1996
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1996 47 56.9%
Why do US firms hold so much more cash than they used to?
Fisher College of Business Working Paper, 006, 2008
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2008 48 54.6%
Fundamentals, market timing, and seasoned equity offerings
National Bureau of Economic Research, 2007
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2007 48 54.5%
Cash holdings, dividend policy, and corporate governance: a cross-country analysis
Journal of Applied Corporate Finance 19 (1), 81-87, 2007
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2007 47 54.0%
On the determinants of net foreign investment
The Journal of Finance 38 (2), 459-468, 1983
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1983 30 53.3%
Why does idiosyncratic risk increase with market risk?
National Bureau of Economic Research, 2016
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2016 34 53.2%
Why does fast loan growth predict poor performance for banks?
National Bureau of Economic Research, 2016
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2016 34 53.2%
Financial derivatives
The Milken Institute Review, 20-31, 2005
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2005 45 53.2%
Is financial globalization in reverse after the 2008 global financial crisis? Evidence from corporate valuations
National Bureau of Economic Research, 2020
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2020 20 53.1%
Why do private acquirers pay so little compared to public acquirers?
National Bureau of Economic Research, 2007
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2007 44 52.6%
The forward exchange rate and macroeconomics
Journal of International Economics 12 (3-4), 285-299, 1982
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1982 31 52.6%
Managerial discretion and capital structure
Journal of Financial Economics 26, 3-28, 1990
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1990 34 52.5%
Handbook of the Economics of Finance
Endogeneity in empirical corporate finance 2, 493-572, 2013
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2013 37 51.4%
Why did US banks invest in highly-rated securitization tranches?
National Bureau of Economic Research, 2011
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2011 39 51.0%
Handbook of the Economics of Finance
chap 15, 939-974, 2003
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2003 40 50.5%
Stock market trading and market conditions
National Bureau of Economic Research, 2004
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2004 40 50.1%
Corporate focusing and internal capital markets
National Bureau of Economic Research, 1999
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1999 36 49.8%
Financial globalization, corporate governance, and Eastern Europe
National Bureau of Economic Research, 2006
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2006 38 49.6%
Contracting costs, inflation, and relative price variability
Journal of Money, Credit and Banking 25 (3), 585-601, 1993
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1993 29 49.3%
This time is the same: Using bank performance in 1998 to explain bank performance during the recent financial crisis
National Bureau of Economic Research, 2011
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2011 35 48.6%
Financial policies, investment, and the financial crisis: Impaired credit channel or diminished demand for capital?
Fisher College of Business Working Paper, 2011
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2011 35 48.6%
Why risk management is not rocket science
Financial Times 27, 2000
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2000 36 48.5%
Are Analyst Short‐Term Trade Ideas Valuable?
The Journal of Finance 77 (3), 1829-1875, 2022
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2022 8 48.0%
Market institutions, financial market risks, and the financial crisis
National Bureau of Economic Research, 2010
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2010 34 47.8%
Do target CEOs sell out their shareholders to keep their job in a merger?
National Bureau of Economic Research, 2009
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2009 33 47.3%
Why is contagion asymmetric during the European sovereign crisis?
Journal of International Money and Finance 99, 102081, 2019
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2019 19 46.8%
Why Has Idiosyncratic Risk Been Historically Low in Recent Years?
National Bureau of Economic Research, 2018
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2018 22 46.7%
Capital mobility and the current account
Journal of International Money and Finance 7 (2), 167-180, 1988
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1988 25 46.6%
Hedge fund contagion and liquidity
National Bureau of Economic Research, 2008
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2008 31 45.6%
Corporate governance and the home bias
National Bureau of Economic Research, 2001
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2001 29 45.3%
Derivatives, risk management, and financial engineering
SouthwesternPublishing, forthcoming, 2000
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2000 29 44.7%
Handbook of the Economics of Finance
GM Constantinides & M. Harris & R M. Stulz (ed.), 2003
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2003 28 44.2%
Handbook of the Economics of Finance
Elsevier, 337-429, 2003
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2003 27 43.6%
How Important Is Moral Hazard for Distressed Banks?
Fisher College of Business Working Paper, 009, 2020
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2020 14 43.1%
Why do banks practice regulatory arbitrage? Evidence from usage of trust preferred securities
National Bureau of Economic Research, 2014
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2014 25 42.8%
Do firms issue more equity when markets are more liquid?
National Bureau of Economic Research, 2013
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2013 25 42.2%
What is the shareholder wealth impact of target CEO retention in private equity deals?
Journal of Corporate Finance 46, 186-206, 2017
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2017 20 41.9%
Bank sovereign bond holdings, sovereign shock spillovers, and moral hazard during the European crisis
National Bureau of Economic Research, 2015
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2015 23 41.8%
Culture, openness, and finance
NBER Working Paper, 2001
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2001 22 40.6%
The limits of financial globalization
Global Corporate Governance, 3-16, 2009
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2009 23 40.5%
The dark side of outside directors: Do they quit ahead of trouble
Dice Center WP 7, 2010
View Details
2010 23 39.9%
Handbook of the Economics of Finance
executive compensation: where we are, and how we got there, 2013
View Details
2013 22 39.6%
Leverage and Cash Dynamics
Review of Finance 26 (5), 1101-1144, 2022
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2022 6 39.4%
Risk‐taking and risk management by banks
Journal of Applied Corporate Finance 34 (1), 95-105, 2022
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2022 6 39.4%
Enterprise risk management: theory and practice
Journal of Applied Corporate Finance 34 (1), 81-94, 2022
View Details
2022 6 39.4%
Are Acquisition Premiums Lower Because of Target CEOs' Conflicts of Interest?
Charles A. Dice Center Working Paper, 2010
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2010 22 39.1%
Why are foreign firms listed in the US worth more?
증권법연구 3 (2), 162-165, 2002
View Details
2002 20 38.6%
Why were there fire sales of mortgage-backed securities by financial institutions during the financial crisis?
Charles A. Dice Center Working Paper, 2013
View Details
2013 21 38.6%
Handbook of the Economics of Finance
GM Constantinides, M. Harris, & RM Stulz (Eds.) 1, 975-1020, 2003
View Details
2003 19 38.0%
Why do foreign firms leave US equity markets?
National Bureau of Economic Research, 2008
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2008 20 37.5%
Asset liquidity and segment divestitures
National Bureau of Economic Research, 2000
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2000 18 36.9%
Managerial control of voting rights, shareholder wealth and the market for corporate control
Center for Research in Security Prices, Graduate School of Business …, 1986
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1986 13 36.9%
Capital mobility in the world economy: Theory and measurement A comment
Carnegie-Rochester Conference Series on Public Policy 24, 105-113, 1986
View Details
1986 13 36.9%
Are corporate payouts abnormally high in the 2000s?
National Bureau of Economic Research, 2020
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2020 11 36.7%
Handbook of the Economics of Finance SET: Volumes 2A & 2B: Corporate Finance and Asset Pricing
Newnes, 2013
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2013 19 36.6%
Aligning incentives at systemically important financial institutions: A proposal by the Squam Lake Group
Journal of Applied Corporate Finance 25 (4), 37-40, 2013
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2013 19 36.6%
Do acquirers with more uncertain growth prospects gain less from acquisitions?
National Bureau of Economic Research, 2004
View Details
2004 18 36.4%
Is bank-centered corporate governance worth it?
National Bureau of Economic Research, 1997
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1997 16 36.2%
Financial engineering and risk management
Southwestern Publishing, New York, 2000
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2000 17 36.0%
Public versus private equity
Fisher College of Business Working Paper, 027, 2019
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2019 12 35.4%
Handbook of the Economics of Finance
GM Constantinides, M. Harris y R. Stulz (Eds.), 1-109, 2003
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2003 16 35.4%
Creating value with risk management
Derivatives, Risk Management and Financial Engineering. Southwestern College …, 2001
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2001 15 34.7%
Limited managerial attention and corporate aging
National Bureau of Economic Research, 2013
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2013 17 34.5%
This time is the same: Using the events of 1998 to explain bank returns during the financial crisis
Ohio State University (Working Paper), 2011
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2011 17 34.5%
The determinants of bank liquid asset holdings
National Bureau of Economic Research, 2022
View Details
2022 5 34.2%
Why did financial institutions sell RMBS at fire sale prices during the financial crisis?
Financial Institutions Center, Wharton School, University of Pennsylvania, 2012
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2012 17 34.0%
Do distressed banks really gamble for resurrection?
National Bureau of Economic Research, 2019
View Details
2019 11 33.5%
Does corporate diversification create value?
New York University, Leonard N. Stern School of Business, 1992
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1992 12 32.9%
Information, trading and stock returns: lessons from dually-traded securities
Journal of Financial Economics 32, 137-167, 1992
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1992 12 32.9%
Merton Miller's Contributions to Modern Finance
Journal of Applied Corporate Finance 13 (4), 8-28, 2001
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2001 13 32.6%
Information, trading and stock returns: Lessons from dually-listed securities
The Korean Journal of Financial Studies 2 (2), 221-256, 1995
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1995 12 32.5%
Has the stock market become less representative of the economy?
National Bureau of Economic Research, 2020
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2020 9 31.9%
Has New York become less competitive in global markets? Evaluating foreign listing decisions over time
Working paper, Ohio State University, 2007
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2007 14 31.8%
The shrinking universe of public firms: Facts, causes, and consequences
NBER Reporter, 12-15, 2018
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2018 11 30.5%
The economics of conflicts of interest in financial institutions
National Bureau of Economic Research, 2006
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2006 12 30.1%
Optimal hedging of stock portfolios against foreign exchange risk: theory and applications
Global Finance Journal 3 (2), 97-113, 1992
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1992 10 29.8%
Introduction to" The Risks of Financial Institutions"
The Risks of Financial Institutions, 1-26, 2007
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2007 12 29.4%
Does investor diversity of opinion, information asymmetry, or uncertainty resolution affect acquirer returns?
Charles A. Dice Center Working Paper No. WP 19, 2004
View Details
2004 11 29.0%
Should We Fear Capital Flows?
International financial markets: the challenge of globalization, 103, 2003
View Details
2003 10 28.5%
Globalization of equity markets and the cost of capital, The Ohio State University
Dice Center, Working Paper 99-1, 1999
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1999 10 28.4%
The Unicorn Puzzle
National Bureau of Economic Research, 2022
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2022 4 27.9%
American Finance Association, Report of the Managing Editor of the Journal of Finance for the Year 1994
The Journal of Finance 50 (3), 1013-1024, 1995
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1995 9 27.9%
Time-varying risk premia, imperfect information and the forward: Exchange rate
International Journal of Forecasting 3 (1), 171-177, 1987
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1987 8 27.8%
Why do country characteristics matter so much for corporate governance
European Corporate Governance Institute Discussion Paper, 2004
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2004 10 27.7%
Why do bank boards have risk committees?
National Bureau of Economic Research, 2021
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2021 6 27.6%
Essays on international asset pricing.
Massachusetts Institute of Technology, 1980
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1980 7 27.6%
Do US firms hold more cash?
View Details
2014 11 27.2%
Does target CEO retention in acquisitions involving private equity acquirers harm target shareholders?
Fisher College of Business Working Paper, 026, 2013
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2013 11 27.1%
Why is there a secular decline in idiosyncratic risk in the 2000s?
Fisher College of Business Working Paper, 019, 2019
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2019 8 27.0%
Derivatives and risk management
Southwestern Publishing, 2003
View Details
2003 9 27.0%
Why do firms appoint CEOs as outside directors?
Fisher College of Business Working Paper, 009, 2008
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2008 10 27.0%
Corporate deleveraging
National Bureau of Economic Research, 2016
View Details
2016 10 26.4%
Contracts, delivery lags, and currency risks
Journal of International Money and Finance 8 (1), 89-103, 1989
View Details
1989 8 26.3%
Do shareholders of acquiring firms gain from acquisitions?(No. w9523)
National Bureau of Economic Research, 2003
View Details
2003 8 25.3%
Investment opportunities, managerial decisions, and the security issue decision
National Bureau of Economic Research, 1994
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1994 8 25.2%
The valuation premium for non-US stocks listed in US markets
Rotman School of Managenet, University of Toronto, Working Paper, 2005
View Details
2005 8 24.8%
Do independent director departures predict future bad events?
European Corporate Governance Institute (ECGI)-Finance Working Paper, 2010
View Details
2010 9 24.8%
Is the American public corporation in trouble?
National Bureau of Economic Research, 2016
View Details
2016 9 24.8%
Are Firms in" Boring" Industries Worth Less?
National Bureau of Economic Research, 2015
View Details
2015 9 24.3%
FOREIGN EQUITY INVESTMENT RESTRICTIONS AND SHAREHOLDER WEALTH MAXIMIZATION-THEORY AND EVIDENCE
JOURNAL OF FINANCE 48 (3), 1119-1120, 1993
View Details
1993 7 23.9%
Corporate governance and financial globalization
NBER Reporter, 13-15, 2005
View Details
2005 7 23.0%
Why Do Hedge Funds' Worst Returns Cluster? Common Liquidity Shocks vs. Contagion
Contagion (November 10, 2008). Fisher College of Business Working Paper, 007, 2008
View Details
2008 7 22.1%
Are analyst trade ideas valuable?
National Bureau of Economic Research, 2019
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2019 6 22.0%
Crisis Risk and Risk Management
National Bureau of Economic Research, 2023
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2023 2 21.2%
Globalization, country governance, and corporate investment decisions: An analysis of cross-border acquisitions
Ohio State University, Charles A. Dice Center for Research in Financial …, 2012
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2012 7 20.8%
Rethinking Risk Management
Journal of Applied Corporate Finance 34 (1), 32-46, 2022
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2022 3 20.7%
Financial Globalization, Governance, and the Evolution of the Home Bias
National Bureau of Economic Research, 2006
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2006 6 20.6%
Securities laws, bank monitoring, and the choice between cov-lite loans and bonds for highly levered firms
Fisher College of Business Working Paper, 01, 2020
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2020 5 20.0%
Leverage and cash dynamics
National Bureau of Economic Research, 2021
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2021 4 19.1%
Risk management, firm reputation, and the impact of successful cyberattacks on target firms
Fisher College of Business Working Paper, 004, 2019
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2019 5 19.0%
Securities laws and the choice between loans and bonds for highly levered firms
Ohio State University, Charles A. Dice Center for Research in Financial …, 2019
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2019 5 19.0%
Program trading, portfolio insurance, and the crash of 1987
Financial Markets and Portfolio Management 1, 11-22, 1988
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1988 5 18.5%
oForeign Equity Investment Restrictions
Capital flight, and Shareholder wealth maximization: Theory and evidence 8 (4), 1995
View Details
1995 5 18.3%
The Financial Crisis: An Inside View. Comments and Discussion
Brookings Papers on Economic Activity 2009, 64-78, 2009
View Details
2009 5 17.8%
Liquidity Shocks and Hedge Fund Contagion
Journal of Investment Management, Second Quarter, 2012
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2012 5 16.6%
Handbook of the Economics of Finance, Volume 2, Part B
Elsevier, 2013
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2013 5 16.6%
International capital markets
Edward Elgar Publishing, 2003
View Details
2003 4 15.5%
Leverage, investment, and firm growth
NBER: National Bureau of Economic Research, 1995
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1995 4 15.3%
Foreign equity investment restrictions: Theory and evidence
College of Business, the Ohio State University, 1992
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1992 4 15.3%
Financial globalization, governance, and the evolution of the home bias? forthcoming in the Journal of Accounting Research
View Details
2009 4 15.2%
Equity flows, banks, and Asia
NBER Reporter, Winter 1999, 20-24, 1998
View Details
1998 4 15.1%
Free cash flows, Tobin's q, and bidder gains in successful tender offers
Journal of Financial Economics 24, 137-154, 1989
View Details
1989 4 14.9%
Why do US firms hold so much more debt than they used to
Working Paper. University of Arizona, 2008
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2008 4 14.9%
Does Capital Flow More to High Tobin's Q Industries?
Fisher College of Business Working Paper, 008, 2018
View Details
2018 4 14.8%
Reforming Money Market Funds
Tuck School of Business Working Paper, 12-13, 2011
View Details
2011 4 14.5%
Liquidity Shocks and Hedge Fund Contagion
Fisher College of Business Working Paper, 012, 2011
View Details
2011 4 14.5%
Does the Community Reinvestment Act Increase Small Business Lending in Lower Income Neighborhoods?
IZA Discussion Paper, 2021
View Details
2021 3 14.2%
Keeping Up with the Joneses and the Real Effects of S&P 500 Inclusion
Fisher College of Business Working Paper, 07, 2021
View Details
2021 3 14.2%
Do firms with specialized M&A staff make better acquisitions?
National Bureau of Economic Research, 2021
View Details
2021 3 14.2%
Trust-preferred securities and regulatory arbitrage
EPFL CDM SFI, 2013
View Details
2013 4 14.1%
Who Benefits from Analyst “Top Picks”?
National Bureau of Economic Research, 2020
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2020 3 12.4%
Why Do US Firms Hold So Much More Cash Than They Used To?.
national bureau of economic research, 2006
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2006 3 12.0%
Merton Miller
View Details
2006 3 12.0%
Applied corporate finance
Journal of Applied Corporate Finance 34 (1), 2022
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2022 2 11.9%
Banks, the IMF, and the Asian Crisis
National Bureau of Economic Research, 1999
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1999 3 11.6%
Globalization of equity markets and the cost of equity
working paper, 1999
View Details
1999 3 11.6%
Firm Value, Risk, and Growth Opportunities
NBER Working Paper Series, 7808, 2000
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2000 3 11.5%
Report of the Editor for His Tenure and 1999
The Journal of Finance 55 (4), 1861-1892, 2000
View Details
2000 3 11.5%
Risk and the economy: a finance perspective
Financial Risk: Theory, Evidence and Implications: Proceedings of the …, 1989
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1989 3 11.2%
Gene Fama’s Impact
The Fama Portfolio: Selected Papers of Eugene F. Fama, 2017
View Details
2017 3 11.2%
Financial Globalization and the Rise of IPOs Outside the US
Fisher College of Business Working Paper, 013, 2013
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2013 3 10.9%
Does the Stock Market Make Firms More Productive?
Fisher College of Business Working Paper, 029, 2018
View Details
2018 2 6.9%
A New Approach to Measuring
View Details
2001 2 6.9%
CITATION INDEX RATINGS OF THE JOURNAL-OF-FINANCIAL-ECONOMICS
Journal of Financial Economics 18 (1), 3-6, 1987
View Details
1987 2 6.8%
An analysis of divisional investment policies
NBER: National Bureau of Economic Research, 1996
View Details
1996 2 6.8%
Why Did Some Banks Perform Better During the Credit Crisis?: A Cross-Country Study of the Impact of Governance and Regulation
National Bureau of Economic Research, 2009
View Details
2009 2 6.8%
Why Is There a Home Bias? An Analysis of Foreign Portfolio Equity Ownership in lapan
Tournai of Financial Economics 46, 2-28, 1997
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1997 2 6.8%
Do Banks Learn from Crisis
View Details
2011 2 6.7%
Foreign equity investment restrictions and shareholder wealth maximization
National Bureau of Economic Research, 1992
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1992 2 6.7%
Handbook of the Economics of Finance SET: Volumes 2A & 2B
North Holland, 2013
View Details
2013 2 6.6%
Why do foreign firms leave US equity markets? An analysis of deregistrations under SEC Exchange Act Rule 12h-6
Why Do Foreign Firms Leave US Equity Markets? An Analysis of Deregistrations …, 2010
View Details
2010 2 6.6%
International Capital Markets, Vol. 1-3
Edward Elgar, 2003
View Details
2003 2 6.6%
Handbook of the Economi s of Finance: Corporate Finance
North-Holland, 2003
View Details
2003 2 6.6%
Rethinking risk management
The New Corporate Finance. New York, McGraw Hill, 1993
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1993 2 6.5%
Market institutions and financial market risk
National Bureau of Economic Research, 2012
View Details
2012 2 6.3%
The pricing of currency options: A review
College of Business, Ohio State University, 1990
View Details
1990 2 6.2%
The Current Account, Optimal Consumption Choices and Unanticipated Changes in the Terms of Trade
Ohio State University, College of Administrative Science, 1984
View Details
1984 1 0.0%
RISK-BEARING, LABOR CONTRACTS
and CapitalMarkets,(Working Paper Series No. MERC 82-19 Univ. Rochester …, 1986
View Details
1986 1 0.0%
The Pricing of options with default risk
Center for Research in Security Prices, Graduate School of Business …, 1986
View Details
1986 1 0.0%
Portfolio Management in International Capital Markets, A Swiss Per-spective
Financial Markets and Portfolio Manage-ment1, 18-23, 1986
View Details
1986 1 0.0%
Global financial markets and the risk premium on US equity
NBER: National Bureau of Economic Research, 1992
View Details
1992 1 0.0%
Leverage, investment, and firm growth
Mimeographed. Columbus: Ohio State University, 1994
View Details
1994 1 0.0%
Earnings and Returns
The Journal of Finance 50 (1), 1995
View Details
1995 1 0.0%
Report of the Editor of" The Journal of Finance" for the Year 1998
Journal of Finance, 1531-1545, 1999
View Details
1999 1 0.0%
Do Firms in Countries with Poor Protection of Investor Rights Hold More Cash?
NBER: National Bureau of Economic Research, 2003
View Details
2003 1 0.0%
Front matter, the risks of financial institutions
The risks of financial institutions, -13-0, 2007
View Details
2007 1 0.0%
Why did some banks perform better during the credit crisis?
A cross, 2009
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2009 1 0.0%
Financial markets and asset pricing
(No Title), 2013
View Details
2013 1 0.0%
How Important Was Contagion Through Banks During the European Sovereign Crisis?
Fisher College of Business Working Paper, 015, 2017
View Details
2017 1 0.0%
The shrinking number of public corporations in the US
USApp-American Politics and Policy Blog, 2017
View Details
2017 1 0.0%
How Companies Can Use Hedging to Create Shareholder Value
Journal of Applied Corporate Finance 34 (1), 58-66, 2022
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2022 1 0.0%
Risk Management Failures: What Are They and When Do They Happen?
Journal of Applied Corporate Finance 34 (1), 47-57, 2022
View Details
2022 1 0.0%
Does Greater Public Scrutiny Hurt a Firm’s Performance?
National Bureau of Economic Research, 2023
View Details
2023 1 0.0%
Why are bank holdings of liquid assets so high?
Fisher College of Business Working Paper, 009, 2023
View Details
2023 1 0.0%