Details about Ugur Lel

Access statistics for papers by Ugur Lel.

Last updated 2025-09-12. Update your information in the RePEc Author Service.

Short-id: ple394

Working Papers

2022

1. The rising tide lifts some interest rates: climate change, natural disasters, and loan pricing
   International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) View citations (4)

2013

2. Say on pay laws, executive compensation, CEO pay slice, and firm value around the world
   International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) View citations (6)

2008

3. Escape from New York: the market impact of SEC Rule 12h-6
   International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) View citations (7)
4. Friends or foes? The stock price impact of sovereign wealth fund investments and the price of keeping secrets
   International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) View citations (30)

2007

5. External governance and debt agency costs of family firms
   International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) View citations (14)

2006

6. Currency hedging and corporate governance: a cross-country analysis
   International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) View citations (5)
   See also Journal Article Currency hedging and corporate governance: A cross-country analysis, Journal of Corporate Finance, Elsevier (2012) View citations (55) (2012)
7. International cross-listing, firm performance and top management turnover: a test of the bonding hypothesis
   International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) View citations (6)
   See also Journal Article International Cross‐Listing, Firm Performance, and Top Management Turnover: A Test of the Bonding Hypothesis, Journal of Finance, American Finance Association (2008) View citations (96) (2008)

Journal Articles

2025

1. Toxic Chief Executive Officers; Environmental, Social, and Governance Institutional Investors as Watchdogs; and the Labor Market Outcomes
   Management Science, 2025, 71, (7), 5722-5745

2023

2. Delegated Monitoring, Institutional Ownership, and Corporate Misconduct Spillovers
   Journal of Financial and Quantitative Analysis, 2023, 58, (4), 1547-1581
3. U.S. national security and de-globalization
   Journal of International Business Studies, 2023, 54, (8), 1471-1494 View citations (6)

2021

4. Investor horizon and managerial short-termism
   The Quarterly Review of Economics and Finance, 2021, 80, (C), 1-20 View citations (1)

2019

5. Explaining top management turnover in private corporations: The role of cross-country legal institutions and capital market forces
   Journal of International Business Studies, 2019, 50, (5), 720-739 View citations (6)
6. The labor market for directors and externalities in corporate governance: Evidence from the international labor market
   Journal of Accounting and Economics, 2019, 68, (1) View citations (12)
7. The role of foreign institutional investors in restraining earnings management activities across countries
   Journal of International Business Studies, 2019, 50, (6), 895-922 View citations (44)

2016

8. Say on pay laws, executive compensation, pay slice, and firm valuation around the world
   Journal of Financial Economics, 2016, 122, (3), 500-520 View citations (52)

2015

9. Does Takeover Activity Cause Managerial Discipline? Evidence from International M&A Laws
   The Review of Financial Studies, 2015, 28, (6), 1588-1622 View citations (82)

2014

10. Distracted directors: Does board busyness hurt shareholder value?
    Journal of Financial Economics, 2014, 113, (3), 404-426 View citations (103)

2012

11. Currency hedging and corporate governance: A cross-country analysis
    Journal of Corporate Finance, 2012, 18, (2), 221-237 View citations (55)
    See also Working Paper Currency hedging and corporate governance: a cross-country analysis, International Finance Discussion Papers (2006) View citations (5) (2006)
12. The use of foreign currency derivatives, corporate governance, and firm value around the world
    Journal of International Economics, 2012, 87, (1), 65-79 View citations (74)

2011

13. Friends or foes? Target selection decisions of sovereign wealth funds and their consequences
    Journal of Financial Economics, 2011, 101, (2), 360-381 View citations (77)

2010

14. Escape from New York: The market impact of loosening disclosure requirements
    Journal of Financial Economics, 2010, 95, (2), 129-147 View citations (31)

2008

15. International Cross‐Listing, Firm Performance, and Top Management Turnover: A Test of the Bonding Hypothesis
    Journal of Finance, 2008, 63, (4), 1897-1937 View citations (96)
    See also Working Paper International cross-listing, firm performance and top management turnover: a test of the bonding hypothesis, International Finance Discussion Papers (2006) View citations (6) (2006)

2004

16. Political uncertainty and asset valuation: Evidence from business relocations in Canada
    Journal of Banking & Finance, 2004, 28, (9), 2237-2258 View citations (10)