Publications: Corporate Finance and Organizational Economics
Capital Structure Under Collusion, with Paul Povel, Daniel Ferres and Gaizka Ormazabal.
Journal of Financial Intermediation, forthcoming (Topic: Corporate Finance)
Journal of Financial Intermediation, forthcoming (Topic: Corporate Finance)
The Effects of Losing Business Group Affiliation, with Borja Larrain and Francisco Urzua.
Review of Financial Studies, 32(8): pp 3036-3074, 2019. (Topic: Corporate Finance)
Review of Financial Studies, 32(8): pp 3036-3074, 2019. (Topic: Corporate Finance)
An Empirical Analysis of Self-Enforcement Mechanisms, with Renata Kosova,
Management Science, 64(1): pp 43-63, 2018. (Topic: Organizational Economcis)
Management Science, 64(1): pp 43-63, 2018. (Topic: Organizational Economcis)
Financing and New Product Decisions of Private and Publicly Traded Firms , with Gordon Phillips
Review of Financial Studies, 30 (5): pp 1744-1789, 2017 (Topic: Corporate Finance)
Review of Financial Studies, 30 (5): pp 1744-1789, 2017 (Topic: Corporate Finance)
An Experimental Analysis of Risk Shifting Behavior, with Pablo Hernandez and Paul Povel
Review of Corporate Finance Studies, 6 (1): pp 68-101. 2017 (Topic: Corporate Finance)
Review of Corporate Finance Studies, 6 (1): pp 68-101. 2017 (Topic: Corporate Finance)
Boom and Gloom, with Paul Povel, Renata Kosova and Praveen Kumar.
Journal of Finance, 71 (5): pp 2287-2332, 2016. (Topic: Corporate Finance)
Journal of Finance, 71 (5): pp 2287-2332, 2016. (Topic: Corporate Finance)
Bonding through Investments: Evidence from Franchising.
Journal of Law, Economics & Organizations, 31 (1): pp 187-212, 2015. (Topic: Organizational Economcis)
Journal of Law, Economics & Organizations, 31 (1): pp 187-212, 2015. (Topic: Organizational Economcis)
Getting to Know Each Other: The Role of Toeholds in Acquisitions, with Paul Povel.
Journal of Corporate Finance, 26: pp 201-224, 2014 (Topic: Corporate Finance)
Journal of Corporate Finance, 26: pp 201-224, 2014 (Topic: Corporate Finance)
How Do Firm Financial Conditions Affect Product Quality and Pricing?, with Gordon Phillips.
Management Science 59 (8): pp. 1764-82, 2013. (Topic: Corporate Finance)
Management Science 59 (8): pp. 1764-82, 2013. (Topic: Corporate Finance)
Survey papers
Corporate Finance, Industrial Organization, and Organizational Economics,
Journal of Corporate Finance, forthcoming. (Topic: Corporate Finance; Organizational Economcis)
Journal of Corporate Finance, forthcoming. (Topic: Corporate Finance; Organizational Economcis)
Working papers and work in progress
"Profitability and Financial Leverage: Evidence from a quasi-natural experiment," with Davidson Heath.
Reject & resubmit, Management Science
Reject & resubmit, Management Science
| heath_sertsios_july_2020.pdf |
The Going Public Decision of Business Group firms, with Borja Larrain and Francisco Urzua
Revise and Resubmit, Journal of Corporate Finance
Revise and Resubmit, Journal of Corporate Finance
| lsu_may_2020.pdf |
Funding Contagion through Common Owners, with Borja Larrain and Francisco Urzua.
| ownothershocks_sep2020.pdf |
Ownership Concentration and Firm Value: New Evidence from Owner Stakes in IPOs, with Borja Larrain, Peter Roosenboom and Francisco Urzúa
| qownership_092020.pdf |
Endogenous Operating Leverage: Foreign Labor Protection and Firm Boundaries, with Katie Moon
| moonsertios_09_23_2020.pdf |
IPO & Profitability, with Borja Larrain, Gordon Phillips and Francisco Urzua.
Draft: Coming soon
Draft: Coming soon
Pre-Doctoral Publications
Can the Design of a Sport Contest Affect its Attendance? Latin American Journal of Economics, 2007, vol 44, pp. 59-89. (Published in Spanish as: ¿Puede el Diseño de un Torneo Deportivo Afectar su Asistencia?)
| sertsios_laje_2007.pdf |
