Details about Henri Servaes

Access statistics for papers by Henri Servaes.

Last updated 2024-11-07. Update your information in the RePEc Author Service.

Short-id: pse218

Working Papers

2024

1. Sexism, culture, and firm value: evidence from the Harvey Weinstein scandal and the #MeToo movement
   LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library

2023

2. Do Consumers Care About ESG? Evidence from Barcode-Level Sales Data
   CEPR Discussion Papers, C.E.P.R. Discussion Papers

2022

3. Trust, social capital, and the bond market benefits of ESG performance
   LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library View citations (11)
   See also Journal Article Trust, social capital, and the bond market benefits of ESG performance, Review of Accounting Studies, Springer (2023) View citations (6) (2023)

2020

4. Gender, Culture, and Firm Value: Evidence from the Harvey Weinstein Scandal and the #MeToo Movement
   CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (3)

2019

5. Social capital, trust, and corporate performance: how CSR helped companies during the financial crisis (and why it can keep helping them)
   LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library View citations (8)
   See also Journal Article Social Capital, Trust, and Corporate Performance: How CSR Helped Companies During the Financial Crisis (and Why It Can Keep Helping Them), Journal of Applied Corporate Finance, Morgan Stanley (2019) View citations (14) (2019)

2018

6. The costs and benefits of performance fees in mutual funds
   CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (1)
   See also Journal Article The Costs and Benefits of Performance Fees in Mutual Funds, Journal of Financial Intermediation, Elsevier (2022) View citations (4) (2022)

2017

7. A Matter of Trust? The Bond Market Benefits of Corporate Social Capital during the Financial Crisis
   CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (17)
8. Social capital, trust, and firm performance: the value of corporate social responsibility during the financial crisis
   LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library View citations (708)
   See also Journal Article Social Capital, Trust, and Firm Performance: The Value of Corporate Social Responsibility during the Financial Crisis, Journal of Finance, American Finance Association (2017) View citations (950) (2017)
9. The role of social capital in corporations: a review
   LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library View citations (37)

2015

10. Credit Ratings and Acquisitions
    CEPR Discussion Papers, C.E.P.R. Discussion Papers
    See also Journal Article Credit ratings and acquisitions, Journal of Corporate Finance, Elsevier (2021) View citations (11) (2021)
11. Social Capital, Trust, and Firm Performance during the Financial Crisis
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (9)

2014

12. Distressed Acquisitions
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (5)

2011

13. Have Rating Agencies Become More Conservative? Implications for Capital Structure and Debt Pricing
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (4)
    See also Journal Article Have Rating Agencies Become More Conservative? Implications for Capital Structure and Debt Pricing, Journal of Finance, American Finance Association (2014) View citations (112) (2014)

2006

14. Portfolio Manager Ownership and Fund Performance
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (3)
    See also Journal Article Portfolio manager ownership and fund performance, Journal of Financial Economics, Elsevier (2007) View citations (49) (2007)

2004

15. Changes in Equity Ownership and Changes in the Market Value of the Firm
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (9)

2002

16. Corporate Liquidity
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (12)

1998

17. The Cost of Diversity: The Diversification Discount and Inefficient Investment
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (26)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (1998) View citations (80)
    CRSP working papers, Center for Research in Security Prices, Graduate School of Business, University of Chicago View citations (147)
    CRSP working papers, Center for Research in Security Prices, Graduate School of Business, University of Chicago View citations (147)
    See also Journal Article The Cost of Diversity: The Diversification Discount and Inefficient Investment, Journal of Finance, American Finance Association (2000) View citations (623) (2000)

Journal Articles

2023

1. The economics of prepackaged bankruptcy
   Journal of Applied Corporate Finance, 2023, 35, (1), 16-19 View citations (2)
   Also in Journal of Applied Corporate Finance, 1991, 4, (2), 93-98 (1991) View citations (3)
2. Trust, social capital, and the bond market benefits of ESG performance
   Review of Accounting Studies, 2023, 28, (2), 421-462 View citations (6)
   See also Working Paper Trust, social capital, and the bond market benefits of ESG performance, LSE Research Online Documents on Economics (2022) View citations (11) (2022)

2022

3. The Costs and Benefits of Performance Fees in Mutual Funds
   Journal of Financial Intermediation, 2022, 50, (C) View citations (4)
   See also Working Paper The costs and benefits of performance fees in mutual funds, CEPR Discussion Papers (2018) View citations (1) (2018)

2021

4. Credit ratings and acquisitions
   Journal of Corporate Finance, 2021, 69, (C) View citations (11)
   See also Working Paper Credit Ratings and Acquisitions, CEPR Discussion Papers (2015) (2015)

2020

5. The Benefits of Buying Distressed Assets
   Journal of Applied Corporate Finance, 2020, 32, (4), 105-116

2019

6. Social Capital, Trust, and Corporate Performance: How CSR Helped Companies During the Financial Crisis (and Why It Can Keep Helping Them)
   Journal of Applied Corporate Finance, 2019, 31, (2), 59-71 View citations (14)
   See also Working Paper Social capital, trust, and corporate performance: how CSR helped companies during the financial crisis (and why it can keep helping them), LSE Research Online Documents on Economics (2019) View citations (8) (2019)
7. The Bright Side of Fire Sales
   The Review of Financial Studies, 2019, 32, (11), 4228-4270 View citations (13)

2017

8. Social Capital, Trust, and Firm Performance: The Value of Corporate Social Responsibility during the Financial Crisis
   Journal of Finance, 2017, 72, (4), 1785-1824 View citations (950)
   See also Working Paper Social capital, trust, and firm performance: the value of corporate social responsibility during the financial crisis, LSE Research Online Documents on Economics (2017) View citations (708) (2017)

2014

9. Have Rating Agencies Become More Conservative? Implications for Capital Structure and Debt Pricing
   Journal of Finance, 2014, 69, (5), 1961-2005 View citations (112)
   See also Working Paper Have Rating Agencies Become More Conservative? Implications for Capital Structure and Debt Pricing, CEPR Discussion Papers (2011) View citations (4) (2011)
10. How Do Industry Peers Respond to Control Threats?
    Management Science, 2014, 60, (2), 380-399 View citations (39)

2013

11. The Impact of Corporate Social Responsibility on Firm Value: The Role of Customer Awareness
    Management Science, 2013, 59, (5), 1045-1061 View citations (681)

2011

12. Does Fair Value Reporting Affect Risk Management? International Survey Evidence
    Financial Management, 2011, 40, (3), 525-551 View citations (14)
13. What Drives Market Share in the Mutual Fund Industry?
    Review of Finance, 2011, 16, (1), 81-113 View citations (16)

2010

14. What drives corporate liquidity? An international survey of cash holdings and lines of credit
    Journal of Financial Economics, 2010, 98, (1), 160-176 View citations (258)

2009

15. Mutual Fund Fees Around the World
    The Review of Financial Studies, 2009, 22, (3), 1279-1310 View citations (94)
    Also in The Review of Financial Studies, 2009, 22, (3), 1279-1310 (2009) View citations (83)
16. The Theory and Practice of Corporate Risk Management*
    Journal of Applied Corporate Finance, 2009, 21, (4), 60-78 View citations (15)

2008

17. Changes in insider ownership and changes in the market value of the firm
    Journal of Corporate Finance, 2008, 14, (2), 92-106 View citations (41)

2007

18. Portfolio manager ownership and fund performance
    Journal of Financial Economics, 2007, 85, (1), 179-204 View citations (49)
    See also Working Paper Portfolio Manager Ownership and Fund Performance, CEPR Discussion Papers (2006) View citations (3) (2006)
19. Private Equity: Boom and Bust?
    Journal of Applied Corporate Finance, 2007, 19, (4), 44-53 View citations (14)

2005

20. Corporate Governance, Incentives, and Industry Consolidations
    The Review of Financial Studies, 2005, 18, (1), 241-270 View citations (10)
21. Explaining the size of the mutual fund industry around the world
    Journal of Financial Economics, 2005, 78, (1), 145-185 View citations (130)

2003

22. International Corporate Governance and Corporate Cash Holdings
    Journal of Financial and Quantitative Analysis, 2003, 38, (1), 111-133 View citations (491)

2002

23. Is Corporate Diversification Beneficial in Emerging Market?
    Financial Management, 2002, 31, (2) View citations (115)

2000

24. The Cost of Diversity: The Diversification Discount and Inefficient Investment
    Journal of Finance, 2000, 55, (1), 35-80 View citations (623)
    See also Working Paper The Cost of Diversity: The Diversification Discount and Inefficient Investment, NBER Working Papers (1998) View citations (26) (1998)

1999

25. International Evidence on the Value of Corporate Diversification
    Journal of Finance, 1999, 54, (6), 2215-2239 View citations (181)
26. The Determinants of Mutual Fund Starts
    The Review of Financial Studies, 1999, 12, (5), 1043-74 View citations (67)

1997

27. Analyst Following of Initial Public Offerings
    Journal of Finance, 1997, 52, (2), 507-29 View citations (202)

1996

28. The Role of Investment Banks in Acquisitions
    The Review of Financial Studies, 1996, 9, (3), 787-815 View citations (103)
29. The Value of Diversification during the Conglomerate Merger Wave
    Journal of Finance, 1996, 51, (4), 1201-25 View citations (271)

1995

30. Equity ownership and the two faces of debt
    Journal of Financial Economics, 1995, 39, (1), 131-157 View citations (229)

1994

31. Do Takeover Targets Overinvest?
    The Review of Financial Studies, 1994, 7, (2), 253-77 View citations (32)
32. Taxes and the Return to Foreign Acquisitions in the United States
    Financial Management, 1994, 23, (4) View citations (23)

1991

33. Tobin's Q and the Gains from Takeovers
    Journal of Finance, 1991, 46, (1), 409-19 View citations (196)

1990

34. Additional evidence on equity ownership and corporate value
    Journal of Financial Economics, 1990, 27, (2), 595-612 View citations (1333)