Micah S. Officer

Loyola Marymount University - Department of Finance

Los Angeles, CA 90045

United States

SCHOLARLY PAPERS

42

DOWNLOADS
Rank 2,638

SSRN RANKINGS

Top 2,638

in Total Papers Downloads

24,504

SSRN CITATIONS
Rank 1,713

SSRN RANKINGS

Top 1,713

in Total Papers Citations

671

CROSSREF CITATIONS

349

Scholarly Papers (42)

1.

The Effect of Cultural Similarity on Mergers and Acquisitions: Evidence from Corporate Social Responsibility

Journal of Financial and Quantitative Analysis (JFQA), Volume 53, Issue 5, pp. 1995-2039, 2018
Number of pages: 74 Posted: 21 Feb 2017 Last Revised: 14 Oct 2018
Fred Bereskin, Seong K. Byun, Micah S. Officer and Jong-Min Oh
University of Missouri, Virginia Commonwealth University (VCU) - Department of Finance, Insurance & Real Estate, Loyola Marymount University - Department of Finance and SungKyunKwan University (SKKU) - SKK Business School
Downloads 2,242 (13,384)
Citation 12

Abstract:

Loading...

Mergers and acquisitions, Corporate culture, CSR

2.
Downloads 1,820 (18,589)
Citation 97

The Variability of IPO Initial Returns

Simon School Working Paper No. FR 06-06, forthcoming, Journal of Finance
Number of pages: 37 Posted: 07 Jul 2006 Last Revised: 13 Feb 2009
Micah S. Officer, Michelle Lowry and G. William Schwert
Loyola Marymount University - Department of Finance, Drexel University and University of Rochester - Simon Business School
Downloads 1,689 (20,509)

Abstract:

Loading...

IPO, Underpricing, Cycles, Information Asymmetry, Conditional Heteroskedasticity, Volatility

The Variability of IPO Initial Returns

NBER Working Paper No. w12295
Number of pages: 54 Posted: 16 Jun 2006 Last Revised: 07 Aug 2022
Micah S. Officer, Michelle Lowry and G. William Schwert
Loyola Marymount University - Department of Finance, Drexel University and University of Rochester - Simon Business School
Downloads 131 (419,917)
Citation 14

Abstract:

Loading...

3.

Risk Management Research Report - Spring 2010

Risk Management Research Report, Spring 2010
Number of pages: 16 Posted: 23 Apr 2010
HEC Paris - Finance Department, affiliation not provided to SSRN, University of Massachusetts Amherst - Department of Finance, Brooklyn College - CUNY, Drexel University, Loyola Marymount University - Department of Finance, University of Rochester - Simon Business School, Temple University - Department of Finance, Southern Illinois University - Department of Economics & Finance, University of California, Santa Barbara (UCSB) - Department of Economics, University of California, San Diego (UCSD) - Rady School of Management, University of Utah - David Eccles School of Business, Mitchell E. Daniels, Jr School of Business, Purdue University, HEC Paris - Finance Department, Harvard Law School, Columbia University - Columbia Business School, Finance, New York University (NYU) - Department of Finance, Texas A&M University - Department of Economics, Texas A&M University - Department of Economics, International Food Policy Research Institute (IFPRI)International Food Policy Research Institute (IFPRI), University of Navarra, IESE Business School, University of Georgia - Department of Banking and Finance, Southern Methodist University (SMU) - Finance Department, Pennsylvania State University, Smeal College of Business, University of California at Los Angeles - Anderson School of Management, INSEAD, University of South Florida - College of Business Administration, Fordham University, New York University (NYU) - Leonard N. Stern School of Business, Fordham University - Gabelli School of Business and Loyola University of Chicago - Department of Finance
Downloads 1,441 (26,516)

Abstract:

Loading...

Risk, Risk Management, Derivatives, Corporate Governance, Financial Derivatives, Value-At-Risk, VaR, Ethics, Volatility, Variance, Standard Deviation, Systemic, Systematic

4.

Club Deals in Leveraged Buyouts

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 55 Posted: 05 May 2008 Last Revised: 16 Dec 2009
Micah S. Officer, Oguzhan Ozbas and Berk A. Sensoy
Loyola Marymount University - Department of Finance, Bilkent University - Faculty of Business Administration and Vanderbilt University - Finance
Downloads 1,434 (26,705)
Citation 44

Abstract:

Loading...

5.

Large Wealth Creation in Mergers and Acquisitions

AFA 2013 San Diego Meetings Paper
Number of pages: 63 Posted: 13 Mar 2012 Last Revised: 08 Nov 2017
Eliezer M. Fich, Tu Nguyen and Micah S. Officer
Drexel University - Department of Finance, University of Waterloo - School of Accounting and Finance and Loyola Marymount University - Department of Finance
Downloads 1,208 (34,307)
Citation 2

Abstract:

Loading...

Mergers and acquisitions; wealth creation; financial reporting irregularities

6.

CEOs’ Military Experience, Agency Costs and Acquisition Decisions

Number of pages: 43 Posted: 23 Sep 2011 Last Revised: 25 Oct 2013
Chen Lin, Yue Ma, Micah S. Officer and Hong Zou
The University of Hong Kong - Faculty of Business and Economics, City University of Hong Kong (CityU) - Department of Economics & Finance, Loyola Marymount University - Department of Finance and The University of Hong Kong - Faculty of Business and Economics
Downloads 1,162 (36,270)
Citation 9

Abstract:

Loading...

military service, agency costs, mergers and acquisitions

7.

Peer Selection and Valuation in Mergers and Acquisitions

Journal of Financial Economics (JFE), Vol. 146, 2022, pp. 230-255
Number of pages: 78 Posted: 13 Apr 2021 Last Revised: 03 Nov 2022
Gregory W. Eaton, Feng Guo, Tingting Liu and Micah S. Officer
University of Georgia, Iowa State University - Department of Accounting and Finance, The University of Tennessee, Knoxville and Loyola Marymount University - Department of Finance
Downloads 1,070 (40,829)
Citation 19

Abstract:

Loading...

8.

Target-Firm Information Asymmetry and Acquirer Returns

Review of Finance, Forthcoming
Number of pages: 37 Posted: 22 Nov 2005 Last Revised: 30 Jul 2008
Micah S. Officer, Annette B. Poulsen and Mike Stegemoller
Loyola Marymount University - Department of Finance, University of Georgia - Department of Banking and Finance and Baylor University
Downloads 1,046 (42,206)
Citation 66

Abstract:

Loading...

Acquisitions, Private firms, Method of payment, Intangibles

9.

Overinvestment, Corporate Governance, and Dividend Initiations

Number of pages: 41 Posted: 03 Aug 2006
Micah S. Officer
Loyola Marymount University - Department of Finance
Downloads 1,035 (42,834)
Citation 28

Abstract:

Loading...

Dividend policy, payout policy, initiation returns, governance, overinvestment

10.

Does Competition Affect Earnings Management? Evidence from a Natural Experiment

Number of pages: 59 Posted: 21 Nov 2013 Last Revised: 08 Dec 2016
Chen Lin, Micah S. Officer and Xintong Zhan
The University of Hong Kong - Faculty of Business and Economics, Loyola Marymount University - Department of Finance and Department of Finance, School of Management, Fudan University
Downloads 1,013 (44,171)
Citation 5

Abstract:

Loading...

earnings management, foreign competition, trade liberalization

11.

Inter-Firm Linkages and the Wealth Effects of Financial Distress Along the Supply Chain

Journal of Financial Economics, Vol. 87, No. 2, pp. 374-387
Number of pages: 32 Posted: 10 Jul 2006 Last Revised: 22 Jan 2009
Arizona State University (ASU) - Finance Department, Loyola Marymount University - Department of Finance, Chapman University - The George L. Argyros College of Business and Economics and Pennsylvania State University - Department of Finance
Downloads 989 (45,674)
Citation 132

Abstract:

Loading...

Bankruptcy, Financial Distress, Contagion, Supply Chain

12.

The Price of Corporate Liquidity: Acquisition Discounts for Unlisted Targets

Journal of Financial Economics, Vol. 83, No. 3, pp.571-598
Number of pages: 37 Posted: 01 Jun 2005
Micah S. Officer
Loyola Marymount University - Department of Finance
Downloads 971 (46,879)
Citation 45

Abstract:

Loading...

Mergers and acquisitions, unlisted targets, private targets, valuation

13.

Directors’ and Officers’ Liability Insurance and Loan Spreads

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 64 Posted: 20 Jun 2011 Last Revised: 15 Aug 2013
Chen Lin, Micah S. Officer, Rui Wang and Hong Zou
The University of Hong Kong - Faculty of Business and Economics, Loyola Marymount University - Department of Finance, Lingnan University and The University of Hong Kong - Faculty of Business and Economics
Downloads 867 (54,894)
Citation 14

Abstract:

Loading...

Directors’ and officers’ liability insurance, Loan spreads, Credit risk, Cost of debt financing

14.

Acquisitions Driven by Stock Overvaluation: Are They Good Deals?

Journal of Financial Economics (JFE), 2013, 109, 24-39
Number of pages: 44 Posted: 04 Feb 2009 Last Revised: 29 Sep 2014
Fangjian Fu, Leming Lin and Micah S. Officer
Singapore Management University - Lee Kong Chian School of Business, University of Pittsburgh - Katz Graduate School of Business and Loyola Marymount University - Department of Finance
Downloads 804 (60,687)
Citation 66

Abstract:

Loading...

Mergers and acquisitions, Stock overvaluation, Operating performance, Agency costs, CEO compensation

15.

Are Performance Based Arbitrage Effects Detectable? Evidence from Merger Arbitrage

Journal of Corporate Finance, Vol. 15, No. 5, pp. 793-812
Number of pages: 35 Posted: 19 May 2005 Last Revised: 30 Jul 2008
Micah S. Officer
Loyola Marymount University - Department of Finance
Downloads 710 (71,445)
Citation 5

Abstract:

Loading...

Performance based arbitrage, merger arbitrage, arbitrage losses

16.

Managerial Risk-Taking Incentives and Merger Decisions

Journal of Financial and Quantitative Analysis (JFQA), Forthcoming
Number of pages: 76 Posted: 16 Mar 2013 Last Revised: 29 Mar 2017
Chen Lin, Micah S. Officer and Beibei Shen
The University of Hong Kong - Faculty of Business and Economics, Loyola Marymount University - Department of Finance and Shanghai University of Finance and Economics
Downloads 618 (85,128)
Citation 4

Abstract:

Loading...

Managerial risk-taking incentives; Vertical integration; Shareholder wealth

17.

Directors’ and Officers’ Liability Insurance and Acquisition Outcomes

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 45 Posted: 18 Jul 2010 Last Revised: 23 Jul 2011
Chen Lin, Micah S. Officer and Hong Zou
The University of Hong Kong - Faculty of Business and Economics, Loyola Marymount University - Department of Finance and The University of Hong Kong - Faculty of Business and Economics
Downloads 502 (110,434)
Citation 34

Abstract:

Loading...

D&O Insurance, Merger and Acquisition

18.

Rethinking Measures of Mergers & Acquisitions Deal Premiums

Journal of Financial and Quantitative Analysis (JFQA), Vol. 56, 2021, pp. 1097-1126
Number of pages: 76 Posted: 08 Mar 2018 Last Revised: 22 Apr 2021
Gregory W. Eaton, Tingting Liu and Micah S. Officer
University of Georgia, The University of Tennessee, Knoxville and Loyola Marymount University - Department of Finance
Downloads 468 (120,034)
Citation 3

Abstract:

Loading...

measure takeover premiums, deal initiation, CEO career preferences, anchoring bias, target price runup

19.

The Market Pricing of Implicit Options in Merger Collars

Journal of Business, Vol. 79, No. 1, January 2006
Number of pages: 36 Posted: 20 May 2005
Micah S. Officer
Loyola Marymount University - Department of Finance
Downloads 451 (125,307)
Citation 2

Abstract:

Loading...

Mergers and acquisitions, collars, method-of-payment

20.

Currency Appreciation Shocks and Shareholder Wealth Creation in Cross-Border Mergers and Acquisitions

27th Australasian Finance and Banking Conference 2014 Paper
Number of pages: 61 Posted: 31 Jul 2013 Last Revised: 23 Nov 2014
Chen Lin, Micah S. Officer and Beibei Shen
The University of Hong Kong - Faculty of Business and Economics, Loyola Marymount University - Department of Finance and Shanghai University of Finance and Economics
Downloads 439 (129,417)
Citation 5

Abstract:

Loading...

Cross-border mergers and acquisitions, Currency appreciation, Investor protection, Corporate governance, Shareholder wealth

21.

Analyst Coverage and Acquisition Returns: Evidence from Natural Experiments

Number of pages: 58 Posted: 18 Apr 2017 Last Revised: 31 Jul 2018
Eliezer M. Fich, Jennifer L. Juergens and Micah S. Officer
Drexel University - Department of Finance, Cornerstone Research, Inc. and Loyola Marymount University - Department of Finance
Downloads 431 (132,213)
Citation 3

Abstract:

Loading...

Acquisitions; Agency Costs; Analyst Coverage; Natural Experiments

22.

Public news, stock-market reactions, and bidding behavior in private merger negotiations

Number of pages: 60 Posted: 30 May 2019 Last Revised: 10 Jun 2021
Tingting Liu and Micah S. Officer
The University of Tennessee, Knoxville and Loyola Marymount University - Department of Finance
Downloads 416 (137,776)
Citation 5

Abstract:

Loading...

Private merger negotiations; market reactions to public news releases; bidding strategies; target initiation; takeover premiums

23.

Intellectual Property Rights and Cross-Border Mergers and Acquisitions

Number of pages: 47 Posted: 04 May 2017 Last Revised: 07 May 2017
Azizjon Alimov and Micah S. Officer
IESEG School of Management LEM-CNRS UMR 9221 and Loyola Marymount University - Department of Finance
Downloads 406 (141,691)
Citation 2

Abstract:

Loading...

Intellectual Property Rights, Cross-Border Mergers and Acquisitions

24.

The Oscar Goes to…: High-tech Firms’ Acquisitions in Response to Rivals’ Technology Breakthroughs

Number of pages: 71 Posted: 28 Jul 2016 Last Revised: 29 Jun 2020
I‐Ju Chen, Po-Hsuan Hsu, Micah S. Officer and Yanzhi Wang
Yuan Ze University - College of Management, National Tsing Hua University - Department of Quantitative Finance, Loyola Marymount University - Department of Finance and National Taiwan University - Department of Finance
Downloads 282 (210,056)
Citation 10

Abstract:

Loading...

Mergers and acquisitions, R&D; innovation, patents, R&D 100 Award

25.

Determinants of the Method of Payment in M&A Transactions: Updated Evidence

Number of pages: 48 Posted: 18 Feb 2021
Eric de Bodt, Jean-Gabriel Cousin and Micah S. Officer
NHH, Univ. Lille, ULR 4112 - LUMEN and Loyola Marymount University - Department of Finance
Downloads 275 (215,623)

Abstract:

Loading...

merger and acquisition, method of payment

26.

Do Acquirers Benefit from Retaining Target CEOs?

Number of pages: 53 Posted: 10 Feb 2016
Eliezer M. Fich, Micah S. Officer and Anh L. Tran
Drexel University - Department of Finance, Loyola Marymount University - Department of Finance and Bayes Business School (formerly Cass Business School), City University of London
Downloads 265 (223,674)
Citation 4

Abstract:

Loading...

Acquisitions, CEO retention, Managerial quality

27.

Acquirer Overvaluation and Stock Payment in M&A Transactions: What Explains the Spurious Correlation?

Number of pages: 52 Posted: 10 Jun 2019
Eric de Bodt, Jean-Gabriel Cousin and Micah S. Officer
NHH, Univ. Lille, ULR 4112 - LUMEN and Loyola Marymount University - Department of Finance
Downloads 252 (235,026)

Abstract:

Loading...

Mergers and acquisitions; Mode of payment; Pooling of interest; Valuation

28.

Anticipation and Returns in Event Studies

Number of pages: 37 Posted: 07 Jan 2013
David Offenberg and Micah S. Officer
Loyola Marymount University - Department of Finance and Loyola Marymount University - Department of Finance
Downloads 252 (235,026)
Citation 1

Abstract:

Loading...

anticipation, event study, abnormal returns, methodology

29.

The Deterrence Effect of M&A Regulatory Enforcements

Number of pages: 59 Posted: 31 Mar 2020 Last Revised: 12 Feb 2024
NHH, Univ. Lille, ULR 4112 - LUMEN, Loyola Marymount University - Department of Finance and California Institute of Technology
Downloads 249 (237,824)
Citation 1

Abstract:

Loading...

Merger and Acquisition, Antitrust Regulation, Deterrence

30.

Is Skin in the Game a Game Changer? Evidence from Mandatory Changes to D&O Insurance Policies

Journal of Accounting & Economics (JAE), Forthcoming
Number of pages: 54 Posted: 29 Mar 2017 Last Revised: 29 Jan 2019
Chen Lin, Micah S. Officer, Thomas Schmid and Hong Zou
The University of Hong Kong - Faculty of Business and Economics, Loyola Marymount University - Department of Finance, The University of Hong Kong - Faculty of Business and Economics and The University of Hong Kong - Faculty of Business and Economics
Downloads 227 (260,295)
Citation 1

Abstract:

Loading...

Directors and officers (D&O) liability, D&O insurance, deductibles, firm value, risk taking

31.

The (Un)intended Consequences of M&A Regulatory Enforcements

Proceedings of Paris December 2021 Finance Meeting EUROFIDAI - ESSEC
Number of pages: 58 Posted: 03 Feb 2022
NHH, Univ. Lille, ULR 4112 - LUMEN, Loyola Marymount University - Department of Finance and California Institute of Technology
Downloads 218 (270,238)

Abstract:

Loading...

Regulatory uncertainty, merger and acquisition, deterrence

32.

Does Freezing a Defined Benefit Pension Plan Affect Firm Risk?

Number of pages: 48 Posted: 10 Feb 2012 Last Revised: 21 Feb 2012
Hiu Lam Choy, Juichia Lin and Micah S. Officer
Drexel University, National Taiwan University and Loyola Marymount University - Department of Finance
Downloads 212 (277,412)
Citation 21

Abstract:

Loading...

33.

How Do Equity Analysts Impact Takeovers?

Number of pages: 45 Posted: 15 Apr 2020
Eliezer M. Fich, Tingting Liu and Micah S. Officer
Drexel University - Department of Finance, The University of Tennessee, Knoxville and Loyola Marymount University - Department of Finance
Downloads 175 (330,182)
Citation 1

Abstract:

Loading...

Mergers and acquisitions; Private merger negotiations; Analyst coverage; Analyst price forecasts

34.

Negotiation, Auction, or Negotiauction?! Evidence from the Field

Number of pages: 62 Posted: 11 May 2023 Last Revised: 22 Dec 2023
Tingting Liu, Micah S. Officer and Danni Tu
The University of Tennessee, Knoxville, Loyola Marymount University - Department of Finance and Southern Illinois University at Carbondale
Downloads 154 (368,087)

Abstract:

Loading...

35.

Overvaluation, Diminishing Profitability, and Acquisitions

Number of pages: 33 Posted: 10 Jan 2022
Donghun Kim, Jiyoon Lee and Micah S. Officer
George Washington University - Department of Finance, Yonsei University and Loyola Marymount University - Department of Finance
Downloads 122 (444,792)

Abstract:

Loading...

Overvaluation, Information Asymmetry, M&A, Profitability

36.

The Totality of Change-in-Control Payments

Journal of Corporate Finance, Volume 29, Pages 1-710 (December 2014)
Number of pages: 35 Posted: 05 Jul 2014 Last Revised: 26 Feb 2016
David Offenberg and Micah S. Officer
Loyola Marymount University - Department of Finance and Loyola Marymount University - Department of Finance
Downloads 111 (474,507)

Abstract:

Loading...

golden parachute, change-in-control, accelerated vesting, executive compensation, acquisitions

37.

Mitigating the Effects of National Culture: How Does International Migration Affect Cross-Border Mergers and Acquisitions?

Number of pages: 59 Posted: 26 Apr 2023
Ning Gong, Micah S. Officer and Hong Feng Zhang
Deakin University, Loyola Marymount University - Department of Finance and Deakin University - Deakin Business School
Downloads 95 (528,620)

Abstract:

Loading...

cross-border mergers and acquisitions; national culture; international migration

38.

The Role of Growth Strategies in Acquisitions

Number of pages: 44 Posted: 18 Apr 2024
Yang Bai, Fred Bereskin, Micah S. Officer and Jing Wang
California State University, Fullerton - Department of Finance, University of Missouri, Loyola Marymount University - Department of Finance and University of Missouri at Columbia
Downloads 72 (622,634)

Abstract:

Loading...

Assortative Matching, Job Skill, Merger and Acquisition, Skill Demand

39.

Method of Payment and Risk Mitigation in Cross-Border Mergers and Acquisitions

Asian Finance Association (AsianFA) 2014 Conference Paper, 27th Australasian Finance and Banking Conference 2014 Paper
Posted: 26 Feb 2014 Last Revised: 09 Aug 2021
Peng Huang, Micah S. Officer and Ronan Powell
University of New South Wales - Australian School of Business, Loyola Marymount University - Department of Finance and University College Dublin (UCD) - Michael Smurfit Graduate School of Business

Abstract:

Loading...

Cross-border M&As, information asymmetry, relative country-risk, overpayment

40.

Target-Firm Information Asymmetry and Acquirer Returns

Review of Finance, Vol. 13, Issue 3, pp. 467-493, 2009
Posted: 18 Aug 2009
Micah S. Officer, Annette B. Poulsen and Mike Stegemoller
Loyola Marymount University - Department of Finance, University of Georgia - Department of Banking and Finance and affiliation not provided to SSRN

Abstract:

Loading...

G34, G32

41.

Termination Fees in Mergers and Acquisitions

Posted: 19 May 2005
Micah S. Officer
Loyola Marymount University - Department of Finance

Abstract:

Loading...

Mergers and acquisitions, takeovers, termination fees, takeover premiums

42.

Collars and Renegotiation in Mergers and Acquisitions

Posted: 19 May 2005
Micah S. Officer
Loyola Marymount University - Department of Finance

Abstract:

Loading...

Mergers and acquisitions, collars, method-of-payment

Other Papers (1)

Total Downloads: 36
1.

Industry Contagion in Loan Spreads

Posted: 19 Mar 2010
Michael G. Hertzel and Micah S. Officer
Arizona State University (ASU) - Finance Department and Loyola Marymount University - Department of Finance
Downloads 36

Abstract:

Loading...

Bankruptcy, Financial distress, Contagion, Loan spreads