Joan Farre-Mensa

Cornerstone Research

Senior Economist

Boston, MA 02115

United States

SCHOLARLY PAPERS

12

DOWNLOADS
Rank 1,194

SSRN RANKINGS

Top 1,194

in Total Papers Downloads

19,363

CITATIONS
Rank 2,215

SSRN RANKINGS

Top 2,215

in Total Papers Citations

254

Scholarly Papers (12)

Corporate Investment and Stock Market Listing: A Puzzle?

Review of Financial Studies 28, no. 2 (February 2015): 342-390
Number of pages: 61 Posted: 10 May 2010 Last Revised: 07 Feb 2015
John Asker, Joan Farre-Mensa and Alexander Ljungqvist
New York University - Leonard N. School of Business - Department of Economics, Cornerstone Research and New York University (NYU) - Department of Finance
Downloads 6,934 (624)
Citation 20

Abstract:

Corporate investment; Q theory; Short-termism; Managerial myopia; Managerial incentives; Agency costs; Private companies; IPOs

Does the Stock Market Harm Investment Incentives?

CEPR Discussion Paper No. DP7857
Number of pages: 58 Posted: 19 Jul 2010
John Asker, Joan Farre-Mensa and Alexander Ljungqvist
New York University - Leonard N. School of Business - Department of Economics, Cornerstone Research and New York University (NYU) - Department of Finance
Downloads 10 (522,859)
Citation 30
  • Add to Cart

Abstract:

Agency problems, Corporate investment, Empire building, IPOs, Managerial incentives, Managerial myopia, Private companies, Short-termism

2.
Downloads 2,187 ( 737)
Citation 193

Payout Policy

Ross School of Business Paper No. 1227
Number of pages: 119 Posted: 25 Feb 2014 Last Revised: 19 Nov 2016
Joan Farre-Mensa, Roni Michaely and Martin C. Schmalz
Cornerstone Research, Johnson@Cornell Tech, Cornell University and University of Michigan, Stephen M. Ross School of Business
Downloads 2,187 (4,736)
Citation 187

Abstract:

Payout Policy; Survey; Dividends; Share Repurchases

Payout Policy

Annual Review of Financial Economics, Vol. 6, pp. 75-134, 2014
Posted: 25 Nov 2014
Joan Farre-Mensa, Roni Michaely and Martin C. Schmalz
Cornerstone Research, Johnson@Cornell Tech, Cornell University and University of Michigan, Stephen M. Ross School of Business

Abstract:

Do Measures of Financial Constraints Measure Financial Constraints?

Review of Financial Studies 29, no. 2 (February 2016): 271-308
Number of pages: 61 Posted: 11 Oct 2013 Last Revised: 25 Jan 2016
Joan Farre-Mensa and Alexander Ljungqvist
Cornerstone Research and New York University (NYU) - Department of Finance
Downloads 2,587 (3,551)
Citation 2

Abstract:

Financial constraints

Do Measures of Financial Constraints Measure Financial Constraints?

NBER Working Paper No. w19551
Number of pages: 56 Posted: 18 Oct 2013
Joan Farre-Mensa and Alexander Ljungqvist
Cornerstone Research and New York University (NYU) - Department of Finance
Downloads 36 (385,429)
Citation 2

Abstract:

Do Measures of Financial Constraints Measure Financial Constraints?

CEPR Discussion Paper No. DP10326
Number of pages: 55 Posted: 23 Jan 2015
Joan Farre-Mensa and Alexander Ljungqvist
Cornerstone Research and New York University (NYU) - Department of Finance
Downloads 1 (580,104)
Citation 2
  • Add to Cart

Abstract:

Financial constraints

What Is a Patent Worth? Evidence from the U.S. Patent 'Lottery'

USPTO Economic Working Paper 2015-5
Number of pages: 57 Posted: 17 Dec 2015 Last Revised: 15 Mar 2017
Joan Farre-Mensa, Deepak Hegde and Alexander Ljungqvist
Cornerstone Research, New York University (NYU) - Leonard N. Stern School of Business and New York University (NYU) - Department of Finance
Downloads 2,251 (4,487)

Abstract:

Patents, innovation, R&D, entrepreneurship, venture capital

The Bright Side of Patents

NBER Working Paper No. w21959
Number of pages: 61 Posted: 08 Feb 2016
Joan Farre-Mensa, Deepak Hegde and Alexander Ljungqvist
Cornerstone Research, New York University (NYU) - Leonard N. Stern School of Business and New York University (NYU) - Department of Finance
Downloads 12 (511,633)
  • Add to Cart

Abstract:

The Bright Side of Patents

CEPR Discussion Paper No. DP11091
Number of pages: 62 Posted: 17 Feb 2016
Joan Farre-Mensa, Deepak Hegde and Alexander Ljungqvist
Cornerstone Research, New York University (NYU) - Leonard N. Stern School of Business and New York University (NYU) - Department of Finance
Downloads 0
  • Add to Cart

Abstract:

entrepreneurship, innovation, patents, R&D, venture capital

5.
Downloads 1,249 ( 12,330)
Citation 4

What do Private Firms Look Like?

Number of pages: 36 Posted: 16 Aug 2010 Last Revised: 30 Mar 2011
John Asker, Joan Farre-Mensa and Alexander Ljungqvist
New York University - Leonard N. School of Business - Department of Economics, Cornerstone Research and New York University (NYU) - Department of Finance
Downloads 1,099 (14,781)
Citation 4

Abstract:

Private firms

What Do Private Firms Look Like?

NYU Working Paper No. 2451/31351
Number of pages: 36 Posted: 14 Dec 2011
John Asker, Joan Farre-Mensa and Alexander Ljungqvist
New York University - Leonard N. School of Business - Department of Economics, Cornerstone Research and New York University (NYU) - Department of Finance
Downloads 150 (165,086)
Citation 4

Abstract:

6.

The Benefits of Selective Disclosure: Evidence from Private Firms

Harvard Business School Working Papers
Number of pages: 75 Posted: 06 Dec 2010 Last Revised: 22 Mar 2017
Joan Farre-Mensa
Cornerstone Research
Downloads 1,136 (9,367)
Citation 1

Abstract:

Private companies; Selective disclosure; Corporate cash; Precautionary motives; Market timing; Share issuance; IPOs

7.

Financing Payouts

Ross School of Business Paper No. 1263
Number of pages: 73 Posted: 09 Dec 2014 Last Revised: 12 Apr 2017
Joan Farre-Mensa, Roni Michaely and Martin C. Schmalz
Cornerstone Research, Johnson@Cornell Tech, Cornell University and University of Michigan, Stephen M. Ross School of Business
Downloads 566 (9,026)

Abstract:

Payout policy, financing decisions, debt issues, equity issues, capital structure

Corporate Investment and Stock Market Listing: A Puzzle?

NYU Working Paper No. FIN-11-016
Number of pages: 53 Posted: 14 Dec 2011 Last Revised: 22 Apr 2013
John Asker, Joan Farre-Mensa and Alexander Ljungqvist
New York University - Leonard N. School of Business - Department of Economics, Cornerstone Research and New York University (NYU) - Department of Finance
Downloads 126 (190,347)
Citation 23

Abstract:

Corporate investment, Q theory, Private companies, Managerial incentives, Agency costs, Short-termism, Managerial myopia, IPOs

Comparing the Investment Behavior of Public and Private Firms

NYU Working Paper No. 2451/31349
Number of pages: 51 Posted: 26 Jun 2013
John Asker, Joan Farre-Mensa and Alexander Ljungqvist
New York University - Leonard N. School of Business - Department of Economics, Cornerstone Research and New York University (NYU) - Department of Finance
Downloads 120 (197,703)
Citation 23

Abstract:

Comparing the Investment Behavior of Public and Private Firms

NBER Working Paper No. w17394
Number of pages: 51 Posted: 21 Sep 2011
John Asker, Joan Farre-Mensa and Alexander Ljungqvist
New York University - Leonard N. School of Business - Department of Economics, Cornerstone Research and New York University (NYU) - Department of Finance
Downloads 60 (307,644)
Citation 23

Abstract:

9.

Why Does Takeover Vulnerability Matter to Debtholders?

Number of pages: 40 Posted: 18 Nov 2009 Last Revised: 07 Oct 2011
Joan Farre-Mensa
Cornerstone Research
Downloads 274 (92,711)
Citation 2

Abstract:

Loan pricing, covenants, corporate governance, takeover defenses.

10.

The Evolution of the Private Equity Market and the Decline in IPOs

Number of pages: 59 Posted: 15 Aug 2017 Last Revised: 29 Aug 2017
Michael Ewens and Joan Farre-Mensa
California Institute of Technology - Division of the Humanities and Social Sciences and Cornerstone Research
Downloads 0 (206,009)

Abstract:

Initial Public Offerings (IPOs), Venture Capital, Private Equity, Founder Equity, NSMIA

11.

What is a Patent Worth? Evidence from the U.S. Patent “Lottery”

NBER Working Paper No. w23268
Number of pages: 57 Posted: 27 Mar 2017
Joan Farre-Mensa, Deepak Hegde and Alexander Ljungqvist
Cornerstone Research, New York University (NYU) - Leonard N. Stern School of Business and New York University (NYU) - Department of Finance
Downloads 0 (428,820)
  • Add to Cart

Abstract:

12.

Patent Trolls and Small Business Employment

Number of pages: 56 Posted: 19 Dec 2016 Last Revised: 22 Jul 2017
Ian Appel, Joan Farre-Mensa and Elena Simintzi
Boston College - Carroll School of Management, Cornerstone Research and University of British Columbia
Downloads 0 (64,036)

Abstract:

employment, patent trolls, NPEs, venture capital