Publications

Understanding Bank Payouts During the Crisis of 2007-2009 (with Christian Laux and Gyöngyi Lóránth)

Review of Corporate Finance Studies, 2024, 13(1): 191-234

• • • FDIC/JFSR Annual Conference 2015, AFA 2016, CICF 2016

    • Coverage: Vox EU, Harvard Law School Forum on Corporate Governance

The Dollar Profits to Insider Trading (with Jasmin Gider)

Review of Finance, 2021, 25(5): 1547-1580

• ABFER 2017, CICF 2017, EFA 2017, AFA 2019, The Rodney L. White Center Conference on Financial Decisions and Asset Markets 2019, MARC 2019, UBC Summer Finance Conference 2019

• Coverage: Columbia Law School's Blue Sky Blog, The Academic Times, National Affairs

What Do Insiders Know? Evidence From Insider Trading Around Share Repurchases and SEOs (with Evgeny Lyandres and Roni Michaely)

Journal of Corporate Finance, 2021, 66: 101544

• • • CICF 2016, EFA 2016, CFEA 2016, AFA 2018

    • Coverage: Harvard Law School Forum on Corporate Governance

Asymmetric Attention and Stock Returns (with Jordi Mondria and Thomas Wu)

Management Science, 2021, 67(1): 48-71

• • SFS Cavalcade 2011, SED 2011, EEA 2011, AFA 2012, Wolfe Virtual Global Quantitative and Macro Investment Conference 2020

CEO Turnover and Volatility Under Long-Term Employment Contracts (with Moqi Groen-Xu)    [JFQA summary video]

Journal of Financial and Quantitative Analysis, 2020, 55(6): 1757-1791; lead article

• • • CEAR/GSU Symposium on Corporate Control Mechanisms and Risk 2014, LBS Summer Symposium 2014, EFA 2014, FIRS 2015, Texas A&M Young Scholars Finance Consortium 2016

    • Coverage: Harvard Law School Forum on Corporate Governance

Trading by Bank Insiders Before and During the 2007-2008 Financial Crisis    [Internet Appendix]  

Journal of Financial Intermediation, 2018, 33: 58-82

• • • Adam Smith Corporate Finance 2012, IDC Rothschild Caesarea Center Conference 2013

    • Coverage: Harvard Law School Forum on Corporate Governance, National Affairs

Corporate Governance Rules and Insider Trading Profits (with Peter de Goeij and Luc Renneboog)

Review of Finance, 2014, 18(1): 67-108

• • • Summarized in the CFA Digest, August 2014

Shareholder Activism Through Proxy Proposals: The European Perspective (with Luc Renneboog and Peter G. Szilagyi)

European Financial Management, 2010, 16(5): 738-777

Reprinted in: Institutional Investor Activism: Hedge Funds and Private Equity, Economics and Regulation, 

edited by William Bratton and Joseph A. McCahery, Oxford University Press, 2015

• • • Coverage: The Independent, S&P Global Market Intelligence

Working Papers

The Market for CEOs (with Dirk Jenter)

Revise and resubmit, Journal of Finance

• • • Finance in the Cloud IV 2020, NBER SI Corporate Finance 2020, EFA 2020, WMS Empirical Management Conference 2020, AFA 2021, SOLE 2021, SFS Cavalcade 2021, ECGI Global Corporate Governance Colloquia 2022, CICF 2023

    • Coverage: Harvard Law School Forum on Corporate Governance, University of Toronto News, Pour l'Éco (in French)

Credentials Matter, but Only for Men: Evidence from the S&P 500 (with Adriana Robertson)

• • • Bank of Italy/CEPR/EIEF Conference on "Ownership, Governance, Management & Firm Performance" 2020, ALEA 2021, FSU SunTrust Beach Conference 2022, SOLE 2022, AEA 2024

    • Coverage: National Affairs, Columbia Law School's Blue Sky Blog

When Bill Rolls Off: Continuity and Change on Corporate Boards (with Adriana Robertson)

• • • Coverage: Harvard Law School Forum on Corporate Governance