Zobrazeno 1 - 10
of 14
pro vyhledávání: '"Michael D. Wittry"'
Autor:
Michael D. Wittry
Publikováno v:
The Review of Financial Studies. 34:1699-1746
I study the empirical importance of debt overhang using a unique data set on resource extraction firms that provides ex ante measures of investment opportunities and important variation in terms of a firm’s obligations. In particular, unsecured rec
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::2373bed53e495035b213d6ff1a6b5707
https://doi.org/10.1093/rfs/hhaa070
https://doi.org/10.1093/rfs/hhaa070
Autor:
Jonathan M. Karpoff, Michael D. Wittry
Publikováno v:
SSRN Electronic Journal.
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::682c65f383b57fc3f4aff1ad628685b8
https://doi.org/10.2139/ssrn.4211798
https://doi.org/10.2139/ssrn.4211798
Publikováno v:
SSRN Electronic Journal.
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::5ac7425642ef5591e9675a8af06cc975
https://doi.org/10.2139/ssrn.4198367
https://doi.org/10.2139/ssrn.4198367
Autor:
Erik Gilje, Michael D. Wittry
We study how ownership structure, in particular public listing status, affects workplace safety and productivity tradeoffs. Theory offers competing hypotheses on how listing related frictions affect these tradeoffs. We exploit detailed asset-level da
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::79475714973fa324d48200bd365c2013
https://doi.org/10.3386/w28798
https://doi.org/10.3386/w28798
Autor:
Erik Gilje, Michael D. Wittry
Publikováno v:
SSRN Electronic Journal.
We study how ownership structure, in particular public listing status, affects workplace safety and productivity tradeoffs. Theory offers competing hypotheses on how listing related frictions affect these tradeoffs. We exploit detailed asset-level da
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::16e76433b160d52376676f0da8987a23
https://doi.org/10.2139/ssrn.3847543
https://doi.org/10.2139/ssrn.3847543
Autor:
Michael D. Wittry, Paul H. Décaire
Publikováno v:
SSRN Electronic Journal.
Using detailed project-level data, we document a novel mechanism through which information externalities distort investment. Firms anticipate information spillover from peers’ investment decisions and delay project exercise to learn from their
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::516e0719ffdbeac5fa09537e03b648e7
https://doi.org/10.2139/ssrn.3923811
https://doi.org/10.2139/ssrn.3923811
Autor:
Ofer Eldar, Michael D. Wittry
Publikováno v:
The Review of Corporate Finance Studies
We show that a large number of firms adopt poison pills during periods of market turmoil. Specifically, during the coronavirus pandemic, many firms adopted poison pills following declines in valuations, and stock prices increased upon the announcemen
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::1f19ac5437e8b18c3fa03abd8d4b53c4
http://europepmc.org/articles/PMC7798525
http://europepmc.org/articles/PMC7798525
Autor:
Jonathan M. Karpoff, Michael D. Wittry
Publikováno v:
The Journal of Finance. 73:657-714
We argue and demonstrate empirically that a firm's institutional and legal context has first‐order effects in tests that use state antitakeover laws for identification. A priori, the size and direction of a law's effect on a firm's takeover protect
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::e5b508ad9ef079d9c9a9da38047898ea
https://doi.org/10.1111/jofi.12600
https://doi.org/10.1111/jofi.12600
Autor:
Michael D. Wittry, Ofer Eldar
Publikováno v:
SSRN Electronic Journal.
We show that a large number of firms adopt poison pills during periods of market turmoil. Specifically, during the coronavirus pandemic, many firms adopted poison pills following declines in valuations, and stock prices increased upon the announcemen
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::a19fb77c56450d146f99409dc4a6f1c0
https://doi.org/10.2139/ssrn.3583428
https://doi.org/10.2139/ssrn.3583428
Publikováno v:
SSRN Electronic Journal.
We examine the labor market consequences for directors who adopt poison pills. These directors experience a decrease in shareholder votes, an increase in termination rates across all their directorships, and a decrease in the likelihood of new board
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::ad93e46d1a21a3744d003562a98646ab
https://doi.org/10.2139/ssrn.3460201
https://doi.org/10.2139/ssrn.3460201