Details about Ronald Masulis

Access statistics for papers by Ronald Masulis.

Last updated 2024-12-26. Update your information in the RePEc Author Service.

Short-id: pma1319

Working Papers

2016

1. Regulation and Firm Value: Curious Case of Transparency and Disclosure Laws in Russia
   IZA Discussion Papers, Institute of Labor Economics (IZA) View citations (1)

2012

2. Do Independent Expert Directors Matter?
   MPRA Paper, University Library of Munich, Germany View citations (12)

2008

3. Corporate venture capital, strategic alliances, and the governance of newly public firms
   CEI Working Paper Series, Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University View citations (2)

1982

4. The Impact on Firm Value of Capital Structure Change, Some Estimates
   University of California at Los Angeles, Anderson Graduate School of Management, Anderson Graduate School of Management, UCLA

Journal Articles

2024

1. Do Employee Interests Affect Target Board Decisions About Acquisition Offers? Evidence from Changes in Unemployment Insurance
   Management Science, 2024, 70, (12), 8344-8365

2023

2. Bank Lines of Credit as a Source of Long-Term Finance
   Journal of Financial and Quantitative Analysis, 2023, 58, (4), 1701-1733
3. Crises as Opportunities for Growth: The Strategic Value of Business Group Affiliation
   Journal of Financial and Quantitative Analysis, 2023, 58, (4), 1508-1546
4. Influential independent directors' reputation incentives: Impacts on CEO compensation contracts and financial reporting
   Journal of Corporate Finance, 2023, 82, (C) View citations (2)
5. The sources of value creation in acquisitions of intangible assets
   Journal of Banking & Finance, 2023, 154, (C) View citations (1)

2021

6. Why CEO option compensation can be a bad option for shareholders: Evidence from major customer relationships
   Journal of Financial Economics, 2021, 142, (1), 453-481 View citations (8)

2020

7. Annual Report of the Society for Financial Studies for 2018–2019
   The Review of Financial Studies, 2020, 33, (2), 990-1008
8. Employee-Manager Alliances and Shareholder Returns from Acquisitions
   Journal of Financial and Quantitative Analysis, 2020, 55, (2), 473-516 View citations (9)
9. Monitoring the Monitor: Distracted Institutional Investors and Board Governance
   The Review of Financial Studies, 2020, 33, (10), 4489-4531 View citations (27)

2019

10. How valuable are independent directors? Evidence from external distractions
    Journal of Financial Economics, 2019, 132, (3), 226-256 View citations (40)
11. Shareholder Wealth Consequences of Insider Pledging of Company Stock as Collateral for Personal Loans
    The Review of Financial Studies, 2019, 32, (12), 4810-4854 View citations (68)

2018

12. Deal Initiation in Mergers and Acquisitions
    Journal of Financial and Quantitative Analysis, 2018, 53, (6), 2389-2430 View citations (32)
13. Seasoned equity offerings and customer–supplier relationships
    Journal of Financial Intermediation, 2018, 33, (C), 98-114 View citations (7)

2015

14. Agency Problems of Corporate Philanthropy
    The Review of Financial Studies, 2015, 28, (2), 592-636 View citations (247)
15. Board Structure and Monitoring: New Evidence from CEO Turnovers
    The Review of Financial Studies, 2015, 28, (10), 2770-2811 View citations (102)
16. Trading rules, competition for order flow and market fragmentation
    Journal of Financial Economics, 2015, 115, (2), 330-348 View citations (59)

2014

17. Independent director incentives: Where do talented directors spend their limited time and energy?
    Journal of Financial Economics, 2014, 111, (2), 406-429 View citations (153)
18. Jurisdictional Effects in M&A Litigation
    Journal of Empirical Legal Studies, 2014, 11, (1), 132-158

2013

19. Contracting under asymmetric information: Evidence from lockup agreements in seasoned equity offerings
    Journal of Financial Economics, 2013, 110, (3), 607-626 View citations (31)
20. Law Firm Expertise and Merger and Acquisition Outcomes
    Journal of Law and Economics, 2013, 56, (1), 189 - 226 View citations (28)
21. The Supply of Corporate Directors and Board Independence
    The Review of Financial Studies, 2013, 26, (6), 1561-1605 View citations (211)

2012

22. Globalizing the boardroom—The effects of foreign directors on corporate governance and firm performance
    Journal of Accounting and Economics, 2012, 53, (3), 527-554 View citations (258)
23. Shareholder litigation in mergers and acquisitions
    Journal of Corporate Finance, 2012, 18, (5), 1248-1268 View citations (28)

2011

24. Are All Inside Directors the Same? Evidence from the External Directorship Market
    Journal of Finance, 2011, 66, (3), 823-872 View citations (127)
25. Do more reputable financial institutions reduce earnings management by IPO issuers?
    Journal of Corporate Finance, 2011, 17, (4), 982-1000 View citations (51)
26. Family Business Groups around the World: Financing Advantages, Control Motivations, and Organizational Choices
    The Review of Financial Studies, 2011, 24, (11), 3556-3600 View citations (152)
27. Venture Capital Conflicts of Interest: Evidence from Acquisitions of Venture-Backed Firms
    Journal of Financial and Quantitative Analysis, 2011, 46, (2), 395-430 View citations (47)
28. Venture Capital Reputation, Post-IPO Performance, and Corporate Governance
    Journal of Financial and Quantitative Analysis, 2011, 46, (5), 1295-1333 View citations (136)

2009

29. Agency Problems at Dual‐Class Companies
    Journal of Finance, 2009, 64, (4), 1697-1727 View citations (148)
30. Financial contracting with strategic investors: Evidence from corporate venture capital backed IPOs
    Journal of Financial Intermediation, 2009, 18, (4), 599-631 View citations (30)
31. Seasoned equity offerings: Quality of accounting information and expected flotation costs
    Journal of Financial Economics, 2009, 92, (3), 443-469 View citations (104)

2007

32. Corporate Governance and Acquirer Returns
    Journal of Finance, 2007, 62, (4), 1851-1889 View citations (601)

2006

33. Political Connections and Corporate Bailouts
    Journal of Finance, 2006, 61, (6), 2597-2635 View citations (957)

2005

34. The Choice of Payment Method in European Mergers and Acquisitions
    Journal of Finance, 2005, 60, (3), 1345-1388 View citations (270)

2003

35. Trading activity and stock price volatility: evidence from the London Stock Exchange
    Journal of Empirical Finance, 2003, 10, (3), 249-269 View citations (33)

2002

36. Does Market Structure Affect the Immediacy of Stock Price Responses to News?
    Journal of Financial and Quantitative Analysis, 2002, 37, (4), 617-648 View citations (24)

2000

37. Seasoned public offerings: resolution of the 'new issues puzzle'
    Journal of Financial Economics, 2000, 56, (2), 251-291 View citations (174)

1999

38. FX Spreads and Dealer Competition across the 24-Hour Trading Day
    The Review of Financial Studies, 1999, 12, (1), 61-93 View citations (58)

1996

39. Energy shocks and financial markets
    Journal of Futures Markets, 1996, 16, (1), 1-27 View citations (507)

1995

40. Overnight and Daytime Stock-Return Dynamics on the London Stock Exchange: The Impact of the "Big Bang" and the 1987 Stock-Market Crash
    Journal of Business & Economic Statistics, 1995, 13, (4), 365-78 View citations (13)

1993

41. Common stock offerings across the business cycle: Theory and evidence
    Journal of Empirical Finance, 1993, 1, (1), 3-31 View citations (244)

1992

42. Adverse selection and the rights offer paradox
    Journal of Financial Economics, 1992, 32, (3), 293-332 View citations (137)

1991

43. An Investigation of Market Microstructure Impacts on Event Study Returns
    Journal of Finance, 1991, 46, (4), 1523-36 View citations (64)
44. Repurchase tender offers and earnings information
    Journal of Accounting and Economics, 1991, 14, (3), 217-251 View citations (49)

1990

45. Correlations in Price Changes and Volatility across International Stock Markets
    The Review of Financial Studies, 1990, 3, (2), 281-307 View citations (954)

1988

46. Corporate Investment and Dividend Decisions under Differential Personal Taxation
    Journal of Financial and Quantitative Analysis, 1988, 23, (4), 369-385 View citations (29)

1987

47. Changes in ownership structure: Conversions of mutual savings and loans to stock charter
    Journal of Financial Economics, 1987, 18, (1), 29-59 View citations (47)

1986

48. Seasoned equity offerings: An empirical investigation
    Journal of Financial Economics, 1986, 15, (1-2), 91-118 View citations (254)

1984

49. How Big Is the Tax Advantage to Debt? Discussion
    Journal of Finance, 1984, 39, (3), 853-55
50. The valuation effects of stock splits and stock dividends
    Journal of Financial Economics, 1984, 13, (4), 461-490 View citations (176)

1983

51. The Impact of Capital Structure Change on Firm Value: Some Estimates
    Journal of Finance, 1983, 38, (1), 107-26 View citations (81)

1982

52. Government intervention in the mortgage market: A study of anti-redlining regulations
    Journal of Monetary Economics, 1982, 10, (2), 191-213 View citations (4)

1980

53. Leverage and Dividend Irrelevancy under Corporate and Personal Taxation
    Journal of Finance, 1980, 35, (2), 453-64 View citations (35)
54. Optimal capital structure under corporate and personal taxation
    Journal of Financial Economics, 1980, 8, (1), 3-29 View citations (771)
55. Stock Repurchase by Tender Offer: An Analysis of the Causes of Common Stock Price Changes
    Journal of Finance, 1980, 35, (2), 305-19 View citations (55)
56. The effects of capital structure change on security prices: A study of exchange offers
    Journal of Financial Economics, 1980, 8, (2), 139-178 View citations (108)

1976

57. The option pricing model and the risk factor of stock
    Journal of Financial Economics, 1976, 3, (1-2), 53-81 View citations (342)