Michael Bradley

Duke University - Fuqua School of Business

F.M. Kirby Professor of Investment Banking and Professor of Law

Box 90120

Durham, NC 27708-0120

United States

SCHOLARLY PAPERS

22

DOWNLOADS
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in Total Papers Downloads

21,068

SSRN CITATIONS
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SSRN RANKINGS

Top 2,534

in Total Papers Citations

335

CROSSREF CITATIONS

387

Scholarly Papers (22)

1.
Downloads 7,378 ( 1,851)
Citation 254

The Structure and Pricing of Corporate Debt Covenants

Number of pages: 43 Posted: 04 Dec 2003
Michael Bradley and Michael R. Roberts
Duke University - Fuqua School of Business and The Wharton School - University of Pennsylvania; National Bureau of Economic Research (NBER)
Downloads 4,784 (3,840)
Citation 6

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Keywords: Bond Covenants, Costly Contracting hypothesis, Bank Loans, Corporate Debt, Agency Costs, Simultaneity

The Structure and Pricing of Corporate Debt Covenants

6th Annual Texas Finance Festival
Number of pages: 46 Posted: 31 Aug 2004
Michael Bradley and Michael R. Roberts
Duke University - Fuqua School of Business and The Wharton School - University of Pennsylvania; National Bureau of Economic Research (NBER)
Downloads 2,594 (10,383)
Citation 226

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2.

The Purposes and Accountability of the Corporation in Contemporary Society: Corporate Governance at a Crossroads

Law and Contemporary Problems, Vol. 62, No. 3, Summer 1999
Number of pages: 78 Posted: 14 Jun 2000
Duke University - Fuqua School of Business, University of Michigan, Stephen M. Ross School of Business, Tuck School of Business at Dartmouth and University of Michigan, Stephen M. Ross School of Business
Downloads 3,815 (5,699)
Citation 15

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3.

Acquisitions and Performance: A Re-Assessment of the Evidence

Number of pages: 53 Posted: 18 Sep 2004 Last Revised: 29 Jul 2009
Michael Bradley and Anant K. Sundaram
Duke University - Fuqua School of Business and Tuck School of Business at Dartmouth
Downloads 2,612 (10,457)
Citation 27

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Mergers, acquisitions, public targets, non-public targets, acquirer strategy

4.

Inflation and the Constant-Growth Valuation Model: A Clarification

Simon School of Business Working Paper No. FR 03-04
Number of pages: 50 Posted: 10 Feb 2003
Michael Bradley and Gregg A. Jarrell
Duke University - Fuqua School of Business and University of Rochester - Simon School
Downloads 2,315 (12,650)
Citation 10

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Valuation, Inflation, WACC

5.

Collective Action Clauses for the Eurozone: An Empirical Analysis

Number of pages: 53 Posted: 24 Oct 2011 Last Revised: 25 Dec 2014
Michael Bradley and Mitu Gulati
Duke University - Fuqua School of Business and University of Virginia School of Law
Downloads 773 (63,854)
Citation 24

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6.

The Emergence of Shareholder Value in the German Corporation

Number of pages: 49 Posted: 14 Nov 2003
Michael Bradley and Anant K. Sundaram
Duke University - Fuqua School of Business and Tuck School of Business at Dartmouth
Downloads 773 (63,854)
Citation 8

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Corporate Governance, Shareholder Value, Germany, Corporate Goals

7.

Costly Communication, Shareholder Activism, and Limits to Arbitrage

AFA 2007 Chicago Meetings Paper
Number of pages: 51 Posted: 07 Nov 2005
Michael Bradley, Alon Brav, Itay Goldstein and Wei Jiang
Duke University - Fuqua School of Business, Duke University - Fuqua School of Business, University of Pennsylvania - The Wharton School - Finance Department and Emory University Goizueta Business School
Downloads 754 (65,976)
Citation 11

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Limits to Arbitrage, Communication, Shareholder Activism, Closed-End Funds

8.

Corporate Governance and the Cost of Debt: Evidence from Director Limited Liability and Indemnification Provisions

Journal of Corporate Finance, 2011, vol. 17, issue 1, p83-107
Number of pages: 58 Posted: 20 Feb 2010 Last Revised: 11 Aug 2014
Michael Bradley and Dong Chen
Duke University - Fuqua School of Business and University of Baltimore
Downloads 517 (106,310)
Citation 27

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limited liability provision, indemnification, corporate governance, cost of debt, risk taking, board of directors

9.

Diaspora Bonds: Patriotism or Investment?

Capital Markets Law Journal (forthcoming), Virginia Public Law and Legal Theory Research Paper No. 2024-15, Virginia Law and Economics Research Paper No. 2024-9
Number of pages: 29 Posted: 07 Feb 2024 Last Revised: 09 Feb 2024
Duke University - Fuqua School of Business, Duke University and University of Virginia School of Law
Downloads 398 (144,697)
Citation 1

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Diaspora Bonds, Sovereign Bonds, GDP-Indexed Bonds

10.
Downloads 346 (168,899)
Citation 1

Lawyers: Gatekeepers of the Sovereign Debt Market?

International Review of Law and Economics, Forthcoming, Economic Research Initiatives at Duke (ERID) Working Paper No. 162
Number of pages: 47 Posted: 30 Aug 2013 Last Revised: 25 Dec 2014
Duke University - Fuqua School of Business, Duke University and University of Virginia School of Law
Downloads 194 (299,682)

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Lawyers, Gatekeepers, Reputational Intermediaries, Sovereign Debt

Lawyers: Gatekeepers of the Sovereign Debt Market?

Economic Research Initiatives at Duke (ERID) Working Paper No. 2178487
Number of pages: 60 Posted: 21 Nov 2012
Duke University - Fuqua School of Business, Duke University and University of Virginia School of Law
Downloads 152 (371,629)

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11.

The Market Reaction to Legal Shocks and Their Antidotes: Lessons from the Sovereign Debt Market

Duke Law School Public Law & Legal Theory Paper No. 211
Number of pages: 38 Posted: 29 May 2008
Michael Bradley, James D. Cox and Mitu Gulati
Duke University - Fuqua School of Business, Duke University School of Law and University of Virginia School of Law
Downloads 294 (200,840)
Citation 10

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12.

A Sovereign's Cost of Capital: Go Foreign or Stay Local

Duke Law School Public Law & Legal Theory Series No. 2015-50
Number of pages: 39 Posted: 26 Oct 2015 Last Revised: 24 Jun 2016
Duke University - Fuqua School of Business, Duke University - Graduate School and University of Virginia School of Law
Downloads 244 (242,150)

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bond pricing, financial economics, sovereign debt, contracts

13.

Activist Arbitrage: A Study of Open-Ending Attempts of Closed-End Funds

Journal of Financial Economics, Vol. 95, No. 1, pp. 1-19, 2008
Number of pages: 43 Posted: 22 Oct 2011
Michael Bradley, Alon Brav, Itay Goldstein and Wei Jiang
Duke University - Fuqua School of Business, Duke University - Fuqua School of Business, University of Pennsylvania - The Wharton School - Finance Department and Emory University Goizueta Business School
Downloads 229 (257,655)
Citation 3

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14.

Does Board Independence Reduce the Cost of Debt?

Financial Management, Volume 44, Issue 1, Pages 1–239, Spring 2015
Number of pages: 45 Posted: 06 Feb 2014 Last Revised: 25 Mar 2016
Michael Bradley and Dong Chen
Duke University - Fuqua School of Business and University of Baltimore
Downloads 177 (326,186)
Citation 8

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corporate governance, Sarbanes-Oxley Act, board independence, risk-taking, credit condition, leverage, bondholder/shareholder conflict, cost of debt, propensity score

15.

Pricing Sovereign Debt: Foreign versus Local Parameters

Duke Law School Public Law & Legal Theory Series No. 2017-58
Number of pages: 44 Posted: 11 Sep 2017
Duke University - Fuqua School of Business, Duke University School of Law, Duke University and University of Virginia School of Law
Downloads 161 (354,137)

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Contracts, Pricing, Bonds, Sovereign Debt, Efficient Markets

16.

A Silver Lining to Russia's Sanctions-Busting Clause?

Virginia Public Law and Legal Theory Research Paper No. 2022-77, Virginia Law and Economics Research Paper No. 2022-28
Number of pages: 15 Posted: 19 Oct 2022 Last Revised: 06 Dec 2022
Duke University - Fuqua School of Business, Duke University, University of North Carolina School of Law and University of Virginia School of Law
Downloads 159 (357,815)

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Russia, Ukraine, sanctions, sovereign bonds, innovation, original sin

17.

Risk, Contract Terms and Maturity in the Sovereign Bond Market

Virginia Public Law and Legal Theory Research Paper No. 2023-39, Virginia Law and Economics Research Paper No. 2023-09
Number of pages: 36 Posted: 08 May 2023 Last Revised: 17 May 2023
Duke University - Fuqua School of Business, Duke University - Graduate School, University of Virginia School of Law and Graduate Institute of International and Development Studies (IHEID) - Department of Economics
Downloads 71 (626,316)

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sovereign debt, maturity, foreign v. local parameters

18.

The Impact of Issuing Foreign Debt on Maturity

Virginia Public Law and Legal Theory Research Paper No. 2022-37, Virginia Law and Economics Research Paper No. 2022-09
Number of pages: 22 Posted: 26 May 2022
Duke University - Fuqua School of Business, Duke University and University of Virginia School of Law
Downloads 52 (727,570)

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maturity, sovereign bonds, foreign versus local

19.

Nonlinear Business Cycle Dynamics: Cross-Country Evidence on the Persistence of Aggregate Shocks

Economic Inquiry, Volume XXXV, Number 3, July 1997
Posted: 25 Mar 1998
Michael Bradley and Dennis W. Jansen
Duke University - Fuqua School of Business and Texas A&M University - Department of Economics

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20.

A Re-Examination of the Effect of the 1978 Bankruptcy Reform Act on the Wealth of Corporate Stockholders

Posted: 15 May 1997
Michael Bradley
Duke University - Fuqua School of Business

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21.

Dividend Policy Revisited: The Role of Cash Flow Uncertainty

Posted: 09 Sep 1996
Michael Bradley, Dennis R. Capozza and Paul J. Seguin
Duke University - Fuqua School of Business, Ross School of Business, University of Michigan and University of Minnesota - Twin Cities - Carlson School of Management

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22.

Insider Trading, Outside Search and Resource Allocation: Why Firms and Society May Disagree on Insider Trading Restrictions

REVIEW OF FINANCIAL STUDIES Volume 7, Number 3, 1994
Posted: 30 May 1994
Naveen Khanna, Steve L. Slezak and Michael Bradley
Michigan State University, University of Cincinnati - Department of Finance - Real Estate and Duke University - Fuqua School of Business

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