Select Publications
Book Chapters
, 2015, 'Chapter 7: Ownership and control in family business groups around the world', in Research Handbook on Shareholder Power, Edward Elgar Publishing, pp. 131 - 167, http://dx.doi.org/10.4337/9781782546856.00018
, 2015, 'Ownership and control in family business groups around the world', in Research Handbook on Shareholder Power, Edward Elgar Publishing, Edward Elgar Cheltenham United Kingdom and Edward Elgar Massachusetts USA, pp. 131 - 167, http://dx.doi.org/10.4337/9781782546856.00018
Journal articles
, 2026, 'Does common ownership raise antitrust concerns?', Journal of Corporate Finance, 100, http://dx.doi.org/10.1016/j.jcorpfin.2026.103037
, 2026, 'Venture capitalists versus deep-pocketed incumbents: startup financing strategies in the presence of competitive threats', Review of Finance, 30, pp. 1227 - 1259, http://dx.doi.org/10.1093/rof/rfaf070
, 2026, 'Does Stakeholder Outrage Determine Executive Pay?', Review of Corporate Finance Studies, 15, pp. 227 - 268, http://dx.doi.org/10.1093/rcfs/cfae022
, 2022, 'Crises as Opportunities for Growth: The Strategic Value of Business Group Affiliation', Journal of Financial and Quantitative Analysis, forthcoming
, 2021, 'Eyes on the Prize: Do Industry Tournament Incentives Shape the Structure of Executive Compensation?', Journal of Financial and Quantitative Analysis, http://dx.doi.org/10.1017/S0022109021000570
, 2020, 'Inventor CEOs', Journal of Financial Economics, 132, pp. 505 - 527, http://dx.doi.org/10.1016/j.jfineco.2019.06.009
, 2020, 'Family Business Group Expansion through IPOs: The Role of Internal Capital Markets in Financing Growth while Preserving Control', Management Science, 66, pp. 5191 - 5215, http://dx.doi.org/10.1287/mnsc.2019.3418
, 2019, 'Shareholder Wealth Consequences of Insider Pledging of Company Stock as Collateral for Personal Loans', The Review of Financial Studies, 32, pp. 4810 - 4854, http://dx.doi.org/10.1093/rfs/hhz034
, 2014, 'Filling the Capital Gap: The Financing Case for Crowd Sourced Equity Funding in Australia', Journal of Banking and Finance: Law and Practice
, 2013, 'Creating Value by Changing the Old Guard: The Impact of Controlling Shareholder Heterogeneity on Firm Performance and Corporate Policies', Journal of Financial and Quantitative Analysis, 48, pp. 1781 - 1811, http://dx.doi.org/10.1017/s0022109014000039
, 2012, 'Corporate Governance and the Cost of Capital: Evidence from Australian Companies', Journal of Applied Corporate Finance, 24, pp. 84 - 93, http://dx.doi.org/10.1111/j.1745-6622.2012.00392.x
, 2011, 'Family Business Groups around the World: Costs and Benefits of Pyramids', Review of Financial Studies, 24, pp. 3556 - 3600, http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1363878
, 2006, 'When financial institutions are large shareholders: The role of macro corporate governance environments', Journal of Finance, 61, pp. 2975 - 3007, http://dx.doi.org/10.1111/j.1540-6261.2006.01009.x
, 2004, 'Predicting financial volatility: High-frequency time-series forecasts vis-à-vis implied volatility', Journal of Futures Markets, 24, pp. 1005 - 1028, http://dx.doi.org/10.1002/fut.20126
Conference Papers
, 2018, 'Employee Satisfaction and Corporate Innovation: Evidence from Quasi-Exogenous Natural Experiments', Tianjin, presented at China International Conference in Finance, Tianjin, 10 July 2018 - 13 July 2018
, 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
Working Papers
, 2024, Does Fundraising Pressure Incentivize Strategic Venture Capital Deal Pricing?, Cambridge University Press, http://dx.doi.org
, 2024, Patient VCs vs. Deep-Pocketed Incumbents: VC Financing Strategies in the Presence of Competitive Threats, Oxford University Press, http://dx.doi.org
, 2022, Do Incidental Encounters Strengthen Economic Ties? Evidence from Venture Capital Syndications, http://dx.doi.org
, 2015, Do Bilateral Investment Treaties Matter? Evidence from the Global M&A Market, http://dx.doi.org
, 2015, Why do Foreigners Become Blockholders? Theory and Evidence, http://dx.doi.org
, 2014, Technology Transfers through Mergers and Acquisitions, http://dx.doi.org
, 2014, Does Corporate Governance Matter to Institutional Shareholders, http://dx.doi.org
, 2014, Control Rights and Corporate Governance: The Threat of Covenant Violation, http://dx.doi.org
, 2013, Value at the End of the Tunnel: Business Groups in the M&A Market, http://dx.doi.org
Preprints
, 2023, Does Being In-Person Matter? Evidence from Venture Capital Syndication, http://dx.doi.org/10.2139/ssrn.4324956
, 2023, Venture Capitalists vs. Deep-Pocketed Incumbents: Startup Financing Strategies in the Presence of Competitive Threats, http://dx.doi.org/10.2139/ssrn.4538140
, 2022, <div> Can ESG Performance be Attributed to <span>Managerial Styles?</span> </div>, http://dx.doi.org/10.2139/ssrn.4266516
, 2022, Does a VC’s Commitment Lead to Improved Investment Outcomes? Evidence From Climate Startups, http://dx.doi.org/10.2139/ssrn.4211750
, 2022, Does Stakeholder Outrage Determine Executive Pay?, http://dx.doi.org/10.2139/ssrn.4053057
, 2011, Family Business Groups around the World: Financing Advantages, Control Motivations and Organizational Choices, http://dx.doi.org/10.2139/ssrn.1363878