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Thomas Y. To

University of Sydney Business School

Cnr. of Codrington and Rose Streets

Sydney, NSW 2006

Australia

  • University of Sydney Business School

SCHOLARLY PAPERS

13

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2,439

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48

Scholarly Papers (13)

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1.

Board Reforms, Stock Liquidity, and Stock Market Development

Review of Corporate Finance Studies, Forthcoming
Number of pages: 62 Posted: 09 Aug 2022
Buhui Qiu and Thomas Y. To
The University of Sydney - Discipline of Finance and University of Sydney Business School
Downloads 483 (149,551)
Citation 1

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Board Reforms, Stock Liquidity, Stock Market Development

2.

Analyst Coverage and the Quality of Corporate Investment Decisions

Journal of Corporate Finance, Vol. 51, 164-181, 2018
Number of pages: 51 Posted: 16 Jul 2018 Last Revised: 28 May 2019
Thomas Y. To, Marco A. Navone and Eliza Wu
University of Sydney Business School, Finance Discipline Group - UTS Business School and The University of Sydney - Business School
Downloads 293 (261,408)
Citation 19

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Equity Analysts, Productivity, Information Asymmetry, Corporate Governance, Corporate Investment

3.

COVID-19 Pandemic and Global Corporate CDS Spreads

Journal of Banking and Finance, Vol. 147, 106618, 2023
Number of pages: 50 Posted: 11 Jun 2021 Last Revised: 23 May 2024
Iftekhar Hasan, Miriam Marra, Thomas Y. To, Eliza Wu and Gaiyan Zhang
Fordham University, University of Reading - ICMA Centre, Henley Business School, University of Sydney Business School, The University of Sydney - Business School and University of Missouri at Saint Louis
Downloads 275 (277,355)
Citation 10

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Global corporate CDS, COVID-19 pandemic, employee health policies, government anti-COVID-19 policies, vaccine news

4.

Are All Insiders on the Inside? Evidence from the Initiation of CDS Trading and Short Selling in the Financial Sector

Journal of International Financial Markets, Institutions and Money, Vol. 54, 114-129, 2018
Number of pages: 35 Posted: 20 Jan 2017 Last Revised: 28 May 2019
Thomas Y. To, Sirimon Treepongkaruna and Eliza Wu
University of Sydney Business School, The University of Western Australia and The University of Sydney - Business School
Downloads 257 (298,892)
Citation 4

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Insider Trading, Short-Sales, SHO Regulation, Financial firms, CDS Trading

5.

Shareholder Litigation Rights and Corporate Acquisitions

Journal of Corporate Finance, Vol. 62, 101599, 2020
Number of pages: 63 Posted: 12 Dec 2017 Last Revised: 25 Jul 2022
Chune Young Chung, Incheol Kim, Monika K. Rabarison, Thomas Y. To and Eliza Wu
Chung-Ang University - College of Business & Economics, University of Texas Rio Grande Valley (UTRGV) (Formerly University of Texas-Pan American) - College of Business and Entrepreneurship, The University of Texas Rio Grande Valley, University of Sydney Business School and The University of Sydney - Business School
Downloads 235 (327,463)
Citation 1

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Shareholder litigation, corporate governance, corporate acquisitions

6.

Tournament Incentives and Acquisition Performance

Review of Corporate Finance Studies, Vol. 9, 384-419, 2020
Number of pages: 56 Posted: 25 Jan 2018 Last Revised: 25 Jul 2022
Iftekhar Hasan, Marco A. Navone, Thomas Y. To and Eliza Wu
Fordham University, Finance Discipline Group - UTS Business School, University of Sydney Business School and The University of Sydney - Business School
Downloads 214 (357,858)
Citation 1

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Tournament Incentives, Executive Compensation, Corporate Acquisitions, Promotion-based Incentives

7.

The Probability of Informed Trading and Mergers and Acquisitions

Accounting and Finance, Vol. 61, 169-203, 2021
Number of pages: 45 Posted: 26 Jan 2018 Last Revised: 25 Jul 2022
Martin Bugeja, Meiting Lu, Yaowen Shan and Thomas Y. To
University of Technology, Sydney, Macquarie University - Faculty of Business and Economics, University of Technology Sydney and University of Sydney Business School
Downloads 165 (461,984)
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Mergers and Acquisitions; Probability of Information-based Trading; Method of payment

8.

The bright side of bank lobbying: Evidence from the corporate loan market

Journal of Corporate Finance, Forthcoming
Number of pages: 55 Posted: 28 Jan 2022 Last Revised: 23 May 2024
Manthos D. Delis, Iftekhar Hasan, Thomas Y. To and Eliza Wu
Audencia Business School, Fordham University, University of Sydney Business School and The University of Sydney - Business School
Downloads 163 (464,454)
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Bank lobbying, Firm performance, Syndicated loans, Information-transmission theory; Opaque firms

9.

Global Board Reforms and Corporate Acquisition Performance

Number of pages: 47 Posted: 25 Jun 2024
Thomas Y. To, Eliza Wu and Diya Zhao
University of Sydney Business School, The University of Sydney - Business School and London School of Economics & Political Science (LSE)
Downloads 93 (742,061)
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Mergers and Acquisitions, Corporate Governance, Investor Protection, Board Reforms

10.

Mind the Sovereign Ceiling on Corporate Performance

Journal of Corporate Finance, Vol. 75, 102253, 2022
Number of pages: 39 Posted: 30 Jul 2022 Last Revised: 23 May 2024
Thomas Y. To, Eliza Wu and Lambert Zhang
University of Sydney Business School, The University of Sydney - Business School and The University of Sydney
Downloads 77 (844,901)
Citation 7

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11.

Are Credit Rating Disagreements Priced in the M&A Market?

Journal of International Financial Markets, Institutions and Money, Vol. 72, 101335, 2021
Number of pages: 41 Posted: 22 Mar 2021 Last Revised: 26 Jul 2022
Iftekhar Hasan, He Huang and Thomas Y. To
Fordham University, The University of Sydney and University of Sydney Business School
Downloads 71 (891,180)

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Bond ratings, Method of payment, Merger and acquisitions

12.

Corporate Watchdogs

Financial Management, Vol. 49, 925-947, 2020
Number of pages: 43 Posted: 12 Jun 2019 Last Revised: 26 Jul 2022
Marco A. Navone and Thomas Y. To
Finance Discipline Group - UTS Business School and University of Sydney Business School
Downloads 68 (899,324)

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Financial Analysts, Litigation Risk, Managerial Misbehavior

13.

The Information Effect of U.S. Monetary Policy on Global Corporate Credit Risk

Number of pages: 58 Posted: 12 Feb 2026 Last Revised: 10 Mar 2026
Buhui Qiu, Thomas Y. To and Shang‐Jin Wei
The University of Sydney - Discipline of Finance, University of Sydney Business School and Columbia University
Downloads 45 (1,183,237)

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U.S. Interest Rate Changes, Corporate Credit Risk, Information Signal