Publications: Corporate Finance and Organizational Economics
"Profitability and leverage: Evidence from a quasi-natural experiment," with Davidson Heath.
Management Science, 68(11):pp 8386-8410, 2022. (Topic: Corporate Finance)
Management Science, 68(11):pp 8386-8410, 2022. (Topic: Corporate Finance)
The Going Public Decision of Business Group firms, with Borja Larrain and Francisco Urzua
Journal of Corporate Finance, 66, 2021 (Topic: Corporate Finance)
Journal of Corporate Finance, 66, 2021 (Topic: Corporate Finance)
Capital Structure Under Collusion, with Paul Povel, Daniel Ferres and Gaizka Ormazabal.
Journal of Financial Intermediation, 45, 2021 (Topic: Corporate Finance)
Journal of Financial Intermediation, 45, 2021 (Topic: Corporate Finance)
Corporate Finance, Industrial Organization, and Organizational Economics,
Journal of Corporate Finance, 64, 2020. (Topic: Corporate Finance; Organizational Economcis)
Journal of Corporate Finance, 64, 2020. (Topic: Corporate Finance; Organizational Economcis)
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)
Working papers and work in progress
Funding Contagion through Common Owners, with Borja Larrain and Francisco Urzua.
| funding_contagion_2022.pdf |
Ownership Concentration and Firm Value: New Evidence from Owner Stakes in IPOs, with Borja Larrain, Peter Roosenboom and Francisco Urzúa
| qownership2022.pdf |
How Do Foreign Labor Regulations Affect Firms’ Operating Strategies? , with Katie Moon
| operatingstrategies2022.pdf |
The Effects of Going Public on Firm Performance and Strategy, with Borja Larrain, Gordon Phillips and Francisco Urzua.
| ipo_profitability.pdf |
Control Without Ownership: Governance of Nonprofit Hospitals, with Katharina Lewellen and Gordon Phillips.
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 |
