Publications:
"Ownership Concentration and Firm Value: New Evidence from Owner Stakes in IPOs," with Borja Larrain, Peter Roosenboom and Francisco Urzúa.
Forthcoming, Management Science.
Forthcoming, Management Science.
"Funding Contagion through Common Owners," with Borja Larrain and Francisco Urzua.
Forthcoming, Review of Corporate Finance Studies.
Forthcoming, Review of Corporate Finance Studies.
"Profitability and leverage: Evidence from a quasi-natural experiment," with Davidson Heath.
Management Science, 68(11):pp 8386-8410, 2022.
Management Science, 68(11):pp 8386-8410, 2022.
The Going Public Decision of Business Group firms, with Borja Larrain and Francisco Urzua
Journal of Corporate Finance, 66, 2021
Journal of Corporate Finance, 66, 2021
Capital Structure Under Collusion, with Paul Povel, Daniel Ferres and Gaizka Ormazabal.
Journal of Financial Intermediation, 45, 2021
Journal of Financial Intermediation, 45, 2021
Corporate Finance, Industrial Organization, and Organizational Economics,
Journal of Corporate Finance, 64, 2020.
Journal of Corporate Finance, 64, 2020.
The Effects of Losing Business Group Affiliation, with Borja Larrain and Francisco Urzua.
Review of Financial Studies, 32(8): pp 3036-3074, 2019.
Review of Financial Studies, 32(8): pp 3036-3074, 2019.
An Empirical Analysis of Self-Enforcement Mechanisms, with Renata Kosova,
Management Science, 64(1): pp 43-63, 2018.
Management Science, 64(1): pp 43-63, 2018.
Financing and New Product Decisions of Private and Publicly Traded Firms , with Gordon Phillips
Review of Financial Studies, 30 (5): pp 1744-1789, 2017
Review of Financial Studies, 30 (5): pp 1744-1789, 2017
An Experimental Analysis of Risk Shifting Behavior, with Pablo Hernandez and Paul Povel
Review of Corporate Finance Studies, 6 (1): pp 68-101. 2017
Review of Corporate Finance Studies, 6 (1): pp 68-101. 2017
Boom and Gloom, with Paul Povel, Renata Kosova and Praveen Kumar.
Journal of Finance, 71 (5): pp 2287-2332, 2016.
Journal of Finance, 71 (5): pp 2287-2332, 2016.
Bonding through Investments: Evidence from Franchising.
Journal of Law, Economics & Organizations, 31 (1): pp 187-212, 2015.
Journal of Law, Economics & Organizations, 31 (1): pp 187-212, 2015.
Getting to Know Each Other: The Role of Toeholds in Acquisitions, with Paul Povel.
Journal of Corporate Finance, 26: pp 201-224, 2014
Journal of Corporate Finance, 26: pp 201-224, 2014
How Do Firm Financial Conditions Affect Product Quality and Pricing?, with Gordon Phillips.
Management Science 59 (8): pp. 1764-82, 2013.
Management Science 59 (8): pp. 1764-82, 2013.
Working papers and work in progress
How Do Foreign Labor Regulations Affect Firms’ Operating Strategies? , with Katie Moon

operatingstrategies2022.pdf | |
File Size: | 1705 kb |
File Type: |
The Effects of Going Public on Firm Performance and Strategy, with Borja Larrain, Gordon Phillips and Francisco Urzua.

ipo_profitability__march_23_.pdf | |
File Size: | 695 kb |
File Type: |
Control Without Ownership: Governance of Nonprofit Hospitals, with Katharina Lewellen and Gordon Phillips.

nonprofit_governance_lps_march_2023.pdf | |
File Size: | 1542 kb |
File Type: |
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 | |
File Size: | 224 kb |
File Type: |