Ayako Yasuda

University of California, Davis - Graduate School of Management

One Shields Avenue

Davis, CA 95616

United States

http://www.ayakoyasuda.com

SCHOLARLY PAPERS

19

DOWNLOADS
Rank 562

SSRN RANKINGS

Top 562

in Total Papers Downloads

35,823

CITATIONS
Rank 2,143

SSRN RANKINGS

Top 2,143

in Total Papers Citations

354

Scholarly Papers (19)

1.
Downloads 15,360 ( 195)
Citation 70

The Economics of Private Equity Funds

Review of Financial Studies, Vol. 23, pp. 2303-2341, Swedish Institute for Financial Research Conference on The Economics of the Private Equity Market
Number of pages: 57 Posted: 27 Jun 2007 Last Revised: 03 Aug 2010
Andrew Metrick and Ayako Yasuda
Yale School of Management and University of California, Davis - Graduate School of Management
Downloads 15,360 (192)
Citation 70

Abstract:

Loading...

private equity, venture capital, fund managers

The Economics of Private Equity Funds

The Review of Financial Studies, Vol. 23, Issue 6, pp. 2303-2341, 2010
Posted: 17 May 2010
Andrew Metrick and Ayako Yasuda
Yale School of Management and University of California, Davis - Graduate School of Management

Abstract:

Loading...

G1, G20, G24

2.

Venture Capital and the Finance of Innovation

VENTURE CAPITAL AND THE FINANCE OF INNOVATION, 2nd Edition, Andrew Metrick and Ayako Yasuda, eds., John Wiley and Sons, Inc., 2010
Number of pages: 44 Posted: 10 Sep 2006 Last Revised: 10 Jun 2012
Andrew Metrick and Ayako Yasuda
Yale School of Management and University of California, Davis - Graduate School of Management
Downloads 10,235 (413)
Citation 2

Abstract:

Loading...

venture capital, innovation, valuation, real options

3.

Impact Investing

Number of pages: 58 Posted: 20 Dec 2015 Last Revised: 12 Aug 2019
Brad M. Barber, Adair Morse and Ayako Yasuda
University of California, Davis, University of California, Berkeley - Haas School of Business and University of California, Davis - Graduate School of Management
Downloads 1,560 (10,818)
Citation 7

Abstract:

Loading...

Impact investing; venture capital; private equity; socially responsible investment; United Nations Principles of Responsible Investment (UNPRI); sustainable investing; public pension funds; willingness to pay; random utility discrete choice models

4.

Are Stars' Opinions Worth More? The Relation Between Analyst Reputation and Recommendation Values

Number of pages: 51 Posted: 22 Mar 2005 Last Revised: 21 Nov 2010
Lily H. Fang and Ayako Yasuda
INSEAD - Finance and University of California, Davis - Graduate School of Management
Downloads 1,310 (14,263)
Citation 18

Abstract:

Loading...

Analyst reputation; star analysts; star status; stock recommendations; analyst skill

5.
Downloads 1,239 ( 15,552)
Citation 36

Venture Capital and Other Private Equity: A Survey

Number of pages: 56 Posted: 12 Dec 2010
Andrew Metrick and Ayako Yasuda
Yale School of Management and University of California, Davis - Graduate School of Management
Downloads 840 (27,168)

Abstract:

Loading...

Private Equity, Venture Capital, Buyouts, Alternative Assets

Venture Capital and Other Private Equity: A Survey

NBER Working Paper No. w16652
Number of pages: 57 Posted: 01 Jan 2011 Last Revised: 29 Oct 2014
Andrew Metrick and Ayako Yasuda
Yale School of Management and University of California, Davis - Graduate School of Management
Downloads 395 (72,652)

Abstract:

Loading...

Venture Capital and Other Private Equity: A Survey

European Financial Management, Vol. 17, Issue 4, pp. 619-654, 2011
Number of pages: 36 Posted: 17 Aug 2011
Andrew Metrick and Ayako Yasuda
Yale School of Management and University of California, Davis - Graduate School of Management
Downloads 4 (645,881)
Citation 1
  • Add to Cart

Abstract:

Loading...

private equity, venture capital, buyouts, alternative assets, G2, G3, G24, G32, G34

Do Bank Relationships Affect the Firm's Underwriter Choice in the Corporate-Bond Underwriting Market?

Journal of Finance, Vol. 60, No. 3, pp. 1259-92, June 2005
Number of pages: 52 Posted: 04 Aug 2004
Ayako Yasuda
University of California, Davis - Graduate School of Management
Downloads 751 (31,715)
Citation 1

Abstract:

Loading...

Investment Banking, Universal Banking, Bank Relationships, Underwriting Market, Bank Competition

Do Bank-Firm Relationships Affect Bank Competition in the Corporate Bond Underwriting Market?

Number of pages: 57 Posted: 16 Aug 2010
Ayako Yasuda
University of California, Davis - Graduate School of Management
Downloads 126 (224,099)
Citation 2

Abstract:

Loading...

Bank relationships, Underwriting, Commercial banks, Glass-Steagall Act, Corporate Bonds, Bank Competition

The Effectiveness of Reputation as a Disciplinary Mechanism in Sell-Side Research

EFA 2006 Zurich Meetings, Review of Financial Studies, Vol. 22, pp. 3735-3777
Number of pages: 46 Posted: 11 Sep 2004 Last Revised: 03 Aug 2010
Lily H. Fang and Ayako Yasuda
INSEAD - Finance and University of California, Davis - Graduate School of Management
Downloads 716 (33,847)
Citation 4

Abstract:

Loading...

Analyst research, Earnings forecast, Analyst reputation, Bank reputation, Conflict of interest, Investment banking

The Effectiveness of Reputation as a Disciplinary Mechanism in Sell-Side Research

The Review of Financial Studies, Vol. 22, Issue 9, pp. 3735-3777, 2009
Posted: 08 Sep 2009
Lily H. Fang and Ayako Yasuda
INSEAD - Finance and University of California, Davis - Graduate School of Management

Abstract:

Loading...

G14, G24, G28, D82, J44

8.

The Best Venture Capitalists

A. Metrick & A. Yasuda, VENTURE CAPITAL AND THE FINANCE OF INNOVATION, p. 83, Wiley, September 2010
Number of pages: 17 Posted: 06 Oct 2010
Andrew Metrick and Ayako Yasuda
Yale School of Management and University of California, Davis - Graduate School of Management
Downloads 701 (35,368)

Abstract:

Loading...

Venture Capital, Carried Interest

9.

Interim Fund Performance and Fundraising in Private Equity

Journal of Financial Economics (JFE), Vol. 124, No. 1, 2017
Number of pages: 60 Posted: 23 Nov 2013 Last Revised: 23 Jan 2018
Brad M. Barber and Ayako Yasuda
University of California, Davis and University of California, Davis - Graduate School of Management
Downloads 656 (38,633)
Citation 8

Abstract:

Loading...

private equity, venture capital, buyouts, fundraising, fund evaluation, fund returns, institutional investors

The Role of Institutional Investors in Propagating the Crisis of 2007-2008

UC Davis Graduate School of Management Research Paper No. 04-10
Number of pages: 53 Posted: 15 Aug 2009 Last Revised: 01 Dec 2010
Alberto Manconi, Massimo Massa and Ayako Yasuda
Bocconi University - Department of Finance, INSEAD - Finance and University of California, Davis - Graduate School of Management
Downloads 470 (58,807)
Citation 2

Abstract:

Loading...

crisis transmission, securitized debt, corporate bonds

The Behavior of Intoxicated Investors: The Role of Institutional Investors in Propagating the Crisis of 2007-2008

Number of pages: 78 Posted: 17 Aug 2010
Alberto Manconi, Massimo Massa and Ayako Yasuda
Bocconi University - Department of Finance, INSEAD - Finance and University of California, Davis - Graduate School of Management
Downloads 108 (251,220)
Citation 4

Abstract:

Loading...

crisis transmission, securitized debt, corporate bonds

The Behavior of Intoxicated Investors: The Role of Institutional Investors in Propagating the Crisis of 2007-2008

NBER Working Paper No. w16191
Number of pages: 55 Posted: 19 Jul 2010 Last Revised: 29 Sep 2010
Alberto Manconi, Massimo Massa and Ayako Yasuda
Bocconi University - Department of Finance, INSEAD - Finance and University of California, Davis - Graduate School of Management
Downloads 28 (487,574)

Abstract:

Loading...

Investment Horizon of the Bond Investor Base and the Leverage of the Firm

AFA 2009 San Francisco Meetings Paper
Number of pages: 54 Posted: 25 Mar 2008 Last Revised: 12 Oct 2010
Massimo Massa, Ayako Yasuda and Lei Zhang
INSEAD - Finance, University of California, Davis - Graduate School of Management and University of Queensland - Business School
Downloads 316 (94,025)
Citation 4

Abstract:

Loading...

institutional investors; corporate bonds; investment horizon; corporate finance; capital structure; leverage; clientele; investor base

Investment Horizon of the Bond Investor Base and the Leverage of the Firm

INSEAD Business School Research Paper No. 2007/57/FIN/ACGRD
Number of pages: 54 Posted: 18 Oct 2007 Last Revised: 12 Oct 2010
Massimo Massa, Ayako Yasuda and Lei Zhang
INSEAD - Finance, University of California, Davis - Graduate School of Management and University of Queensland - Business School
Downloads 203 (148,520)
Citation 4

Abstract:

Loading...

institutional investors; corporate bonds; investment horizon; corporate finance; capital structure; leverage; clientele; investor base

Bank Relationships and Underwriter Competition: Evidence from Japan

Journal of Financial Economics, Vol. 86, No. 2, pp. 369-404, November 2007
Number of pages: 56 Posted: 29 Sep 2006 Last Revised: 06 Oct 2007
Ayako Yasuda
University of California, Davis - Graduate School of Management
Downloads 289 (103,728)

Abstract:

Loading...

Bank Relationships, Bank Shareholding, Investment Banking, Universal Banking, Bank Competition, Underwriting Market, Comparing Financial Systems

Bank Relationships and Underwriter Competition: Evidence from Japan

Number of pages: 54 Posted: 07 Nov 2005
Ayako Yasuda
University of California, Davis - Graduate School of Management
Downloads 106 (254,605)

Abstract:

Loading...

Bank Relationships, Bank Equity Holdings, Investment Banking, Universal Banking, Bank Competition, Underwriting Market, Comparing Financial Systems

13.
Downloads 383 ( 76,005)
Citation 1

A Model of Private Equity Fund Compensation

Number of pages: 26 Posted: 06 Oct 2011
Wonho Wilson Choi, Andrew Metrick and Ayako Yasuda
KAIST, Yale School of Management and University of California, Davis - Graduate School of Management
Downloads 215 (140,576)

Abstract:

Loading...

private equity, venture capital, fund managers, managerial compensation, corporate governance

A Model of Private Equity Fund Compensation

International Economic Association, Proceedings of the Sixteenth World Congress, Forthcoming
Number of pages: 26 Posted: 23 Oct 2012
Wonho Wilson Choi, Andrew Metrick and Ayako Yasuda
KAIST, Yale School of Management and University of California, Davis - Graduate School of Management
Downloads 144 (201,304)

Abstract:

Loading...

private equity, venture capital, fund managers, managerial compensation, corporate governance

A Model of Private Equity Fund Compensation

NBER Working Paper No. w17568
Number of pages: 27 Posted: 04 Nov 2011
Wonho Wilson Choi, Andrew Metrick and Ayako Yasuda
KAIST, Yale School of Management and University of California, Davis - Graduate School of Management
Downloads 24 (511,278)

Abstract:

Loading...

14.

Private Company Valuations by Mutual Funds

Number of pages: 55 Posted: 08 Nov 2017 Last Revised: 09 Jun 2019
Georgia State University, University of California, Davis, Chinese University of Hong Kong - Department of Finance, National University of Singapore (NUS) - Department of Finance and University of California, Davis - Graduate School of Management
Downloads 325 (91,713)
Citation 1

Abstract:

Loading...

Mutual funds, Venture capital, Entrepreneurial firm, Private valuation, Stale prices

Are Stars’ Opinions Worth More? The Relation between Analyst Reputation and Recommendation Values

Number of pages: 48 Posted: 17 Dec 2011
Lily H. Fang and Ayako Yasuda
INSEAD - Finance and University of California, Davis - Graduate School of Management
Downloads 150 (194,678)
Citation 10

Abstract:

Loading...

Analyst reputation, star status, stock recommendations, institutional investors, performance evaluation

Are Stars’ Opinions Worth More? The Relation between Analyst Reputation and Recommendation Values

Journal of Financial Services Research 46, 235-269, 2014
Number of pages: 46 Posted: 22 Nov 2013 Last Revised: 12 Dec 2014
Lily H. Fang and Ayako Yasuda
INSEAD - Finance and University of California, Davis - Graduate School of Management
Downloads 97 (270,649)

Abstract:

Loading...

Analyst reputation, star status, stock recommendations, institutional investors, performance evaluation

16.

Are Stars' Opinions Worth More? Evidence from Stock Recommendations 1994-2009

Number of pages: 43 Posted: 08 Mar 2011
Lily H. Fang and Ayako Yasuda
INSEAD - Finance and University of California, Davis - Graduate School of Management
Downloads 214 (141,551)
Citation 3

Abstract:

Loading...

Analyst reputation, star analysts, star status, stock recommendations, analyst skill, reg-FD, Government policy and regulation, conflict-of-interest reforms, Institutional investors

17.

The Role of Institutional Investors in Propagating the Crisis of 2007-2008

Journal of Financial Economics (JFE), Vol. 104, No. 3, 2012
Number of pages: 59 Posted: 20 Mar 2013
Alberto Manconi, Massimo Massa and Ayako Yasuda
Bocconi University - Department of Finance, INSEAD - Finance and University of California, Davis - Graduate School of Management
Downloads 176 (169,463)

Abstract:

Loading...

crisis transmission, securitized bonds, corporate bonds, liquidity channel

18.

Supply Uncertainty of the Bond Investor Base and the Leverage of the Firm

Journal of Financial Economics 110, 185–214.
Number of pages: 61 Posted: 06 Mar 2013 Last Revised: 11 Jan 2015
Massimo Massa, Ayako Yasuda and Lei Zhang
INSEAD - Finance, University of California, Davis - Graduate School of Management and University of Queensland - Business School
Downloads 167 (177,438)

Abstract:

Loading...

institutional investors, corporate bonds, capital supply uncertainty, corporate finance, capital structure, leverage, clientele, investor base

19.

The Effectiveness of Institutional Investors in Evaluating Analysts

Number of pages: 54 Posted: 03 Feb 2012
Lily H. Fang and Ayako Yasuda
INSEAD - Finance and University of California, Davis - Graduate School of Management
Downloads 137 (209,081)

Abstract:

Loading...

Institutional investors; performance evaluation; analyst skill; stock recommendations; star analysts; star status; reputation.