Ugur Lel

University of Georgia - Department of Banking and Finance

Associate Professor

Terry College of Business

Athens, GA 30602-6253

United States

SCHOLARLY PAPERS

17

DOWNLOADS
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Top 2,311

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14,303

CITATIONS
Rank 5,176

SSRN RANKINGS

Top 5,176

in Total Papers Citations

100

Scholarly Papers (17)

1.

Friends or Foes? Target Selection Decisions of Sovereign Wealth Funds and Their Consequences

Journal of Financial Economics, Vol. 101, 360–381, 2011
Number of pages: 71 Posted: 30 Aug 2008 Last Revised: 21 Nov 2014
Jason D. Kotter and Ugur Lel
Brigham Young University - Department of Finance and University of Georgia - Department of Banking and Finance
Downloads 1,836 (8,090)
Citation 7

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International finance, sovereign wealth fund, cross-border investment, market efficiency, transparency

2.

The Use of Foreign Currency Derivatives, Corporate Governance, and Firm Value Around the World

Darden Business School Working Paper No. 03-10
Number of pages: 40 Posted: 17 Mar 2008 Last Revised: 25 Jul 2018
University of Virginia - Darden School of Business, University of Georgia - Department of Banking and Finance and Southern Methodist University (SMU) - Finance Department
Downloads 1,805 (8,328)
Citation 2

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Risk Management, Hedging, Corporate Governance, Firm Value

3.

Currency Hedging and Corporate Governance: A Cross-Country Analysis

FEDS Discussion Paper No. 858, Indiana University Working Paper
Number of pages: 47 Posted: 28 May 2003 Last Revised: 25 Aug 2015
Ugur Lel
University of Georgia - Department of Banking and Finance
Downloads 1,800 (8,367)
Citation 9

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Risk management, hedging, corporate governance, derivatives, international

Say on Pay Laws, Executive Compensation, Pay Slice, and Firm Valuation around the World

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 57 Posted: 28 Apr 2014 Last Revised: 17 Aug 2016
Ricardo Correa and Ugur Lel
Board of Governors of the Federal Reserve System and University of Georgia - Department of Banking and Finance
Downloads 1,107 (17,743)
Citation 3

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Executive compensation, say on pay laws, regulations, CEO pay slice, corporate governance, firm valuation, international.

Say on Pay Laws, Executive Compensation, Pay Slice, and Firm Value around the World

FRB International Finance Discussion Paper No. 1084
Number of pages: 58 Posted: 21 Sep 2013 Last Revised: 02 Apr 2014
Ricardo Correa and Ugur Lel
Board of Governors of the Federal Reserve System and University of Georgia - Department of Banking and Finance
Downloads 272 (108,858)
Citation 3

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Executive compensation, say on pay laws, regulations, pay structure, CEO pay slice, firm valuation, corporate governance

Say on Pay Laws, Executive Compensation, CEO Pay Slice, and Firm Value Around the World

FRB International Finance Discussion Paper No. 1084
Number of pages: 55 Posted: 30 May 2017
Ricardo Correa and Ugur Lel
Board of Governors of the Federal Reserve System and University of Georgia - Department of Banking and Finance
Downloads 64 (341,922)
Citation 1

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5.

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 and Computer Information Systems, University of Rochester - Simon Business School, Temple University - Department of Finance, Southern Illinois University at Edwardsville - 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, Purdue University - Krannert School of Management, HEC Paris - Finance Department, Harvard Law School, Columbia Business School - Finance and Economics, New York University (NYU) - Department of Finance, Department of Economics, Texas A&M University, Texas A&M University - Department of Economics, International Food Policy Research Institute (IFPRI), Catolica Lisbon School of Business and Economics, 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 - Gabelli School of Business, New York University (NYU) - Department of Finance, Fordham University - Gabelli School of Business and Loyola University of Chicago - Department of Finance
Downloads 1,334 (13,565)

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

6.

Does Takeover Activity Cause Managerial Discipline? Evidence from International M&A Laws

Review of Financial Studies, Forthcoming
Number of pages: 79 Posted: 24 Dec 2010 Last Revised: 24 Nov 2014
Ugur Lel and Darius P. Miller
University of Georgia - Department of Banking and Finance and Southern Methodist University (SMU) - Finance Department
Downloads 856 (26,377)
Citation 1

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threat of takeover, managerial discipline, mergers and acquisitions laws, corporate control

International Cross-Listing, Firm Performance and Top Management Turnover: A Test of the Bonding Hypothesis

FRB International Finance Discussion Paper No. 877
Number of pages: 59 Posted: 28 Aug 2006
Darius P. Miller and Ugur Lel
Southern Methodist University (SMU) - Finance Department and University of Georgia - Department of Banking and Finance
Downloads 526 (50,069)
Citation 51

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Bonding hypothesis, CEO turnover, International cross listing, Corporate governance, Functional convergence

International Cross-Listing, Firm Performance and Top Management Turnover: A Test of the Bonding Hypothesis

Journal of Finance, Forthcoming
Number of pages: 59 Posted: 28 Apr 2007
Darius P. Miller and Ugur Lel
Southern Methodist University (SMU) - Finance Department and University of Georgia - Department of Banking and Finance
Downloads 263 (112,722)
Citation 51

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CEO turnover, cross-listing, bonding

8.

Distracted Directors: Does Board Busyness Hurt Shareholder Value?

Number of pages: 51 Posted: 31 May 2013 Last Revised: 12 Dec 2013
Board of Governors of the Federal Reserve System, Georgia State University and University of Georgia - Department of Banking and Finance
Downloads 780 (30,015)
Citation 3

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Busy directors, multiple directorship, firm valuation, independent directors, director and CEO death

9.

The Role of Foreign Institutional Investors in Restraining Earnings Management Activities across Countries

Number of pages: 49 Posted: 24 Feb 2013 Last Revised: 12 Dec 2018
Ugur Lel
University of Georgia - Department of Banking and Finance
Downloads 715 (33,788)

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corporate governance, earnings management, foreign and domestic institutional investors, investor protection, management incentives, monitoring

10.

The Labor Market for Directors and Externalities in Corporate Governance: Evidence from the International Labor Market

Number of pages: 69 Posted: 01 Jan 2015 Last Revised: 18 Jul 2018
Ugur Lel and Darius P. Miller
University of Georgia - Department of Banking and Finance and Southern Methodist University (SMU) - Finance Department
Downloads 653 (38,210)

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Labor market for directors, investor protection, global reputation, ex-post settling hypothesis, director reputation

11.

Blockholders, Debt Agency Costs and Legal Protection

FRB International Finance Discussion Paper No. 908
Number of pages: 51 Posted: 22 Mar 2005 Last Revised: 12 May 2014
Andrew Ellul, Levent Guntay and Ugur Lel
Indiana University - Kelley School of Business - Department of Finance, Federal Deposit Insurance Corporation (FDIC) and University of Georgia - Department of Banking and Finance
Downloads 649 (38,474)
Citation 6

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ownership structure, family firms, agency costs, corporate governance

12.

Escape from New York: The Market Impact of Loosening Disclosure Requirements

EFA 2008 Athens Meetings Paper
Number of pages: 55 Posted: 06 Mar 2008 Last Revised: 02 Oct 2012
Catolica Lisbon School of Business and Economics, University of Georgia - Department of Banking and Finance and Southern Methodist University (SMU) - Finance Department
Downloads 463 (59,492)
Citation 16

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12h-6, SEC registration, disclosure, cross-listing

13.

Explaining Top Management Turnover in Private Corporations: The Role of Cross-Country Legal Institutions and Capital Market Forces

Number of pages: 49 Posted: 12 Jul 2013 Last Revised: 11 Nov 2018
University of Georgia - Department of Banking and Finance, Southern Methodist University (SMU) - Finance Department and Fordham University
Downloads 400 (70,965)

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Corporate governance, agency problems, private and public ownership, management turnover

Financial Protectionism, M&A Activity, and Shareholder Wealth

SMU Cox School of Business Research Paper No. 18-23
Number of pages: 69 Posted: 28 Mar 2018 Last Revised: 11 Jan 2019
University of Illinois at Urbana-Champaign, University of Georgia - Department of Banking and Finance and Southern Methodist University (SMU) - Finance Department
Downloads 232 (128,249)

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FINSA, CFIUS, financial protectionism, economic nationalism, mergers and acquisitions, event study analysis, corporate control.

Financial Protectionism, M&A Activity, and Shareholder Wealth

SMU Cox School of Business Research Paper No. 18-23
Number of pages: 69 Posted: 23 Jul 2018 Last Revised: 09 Jan 2019
University of Illinois at Urbana-Champaign, University of Georgia - Department of Banking and Finance and Southern Methodist University (SMU) - Finance Department
Downloads 68 (330,951)

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mergers and acquisitions, event study analysis, corporate control, financial protectionism, economic nationalism, FINSA, CFIUS.

15.

In Sickness and in Health: Firm Performance and Managerial Health

Number of pages: 45 Posted: 04 Oct 2012 Last Revised: 06 Jun 2017
Sara B. Holland and Ugur Lel
University of Oklahoma - Michael F. Price College of Business and University of Georgia - Department of Banking and Finance
Downloads 277 (107,247)

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16.

Investor Horizon and Managerial Short-Termism

Number of pages: 50 Posted: 02 Aug 2018 Last Revised: 11 Mar 2019
Ugur Lel and Mete Tepe
University of Georgia - Department of Banking and Finance and Institutional Shareholder Services
Downloads 177 (165,756)

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Investor Horizon, CEO Myopia, Short-Termism, Pay Duration, Hedge Fund Activism

17.

Delegated Monitoring, Institutional Ownership, and Corporate Misconduct Spillovers

Number of pages: 47 Posted: 11 Apr 2019
Ugur Lel and Zhongling Qin
University of Georgia - Department of Banking and Finance and University of Georgia - Department of Finance
Downloads 26 (476,449)

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corporate misconduct, spillovers, institutional investors, monitoring failures