Laarni T. Bulan

Cornerstone Research

Senior Economist

Boston, MA

United States

  • Cornerstone Research

SCHOLARLY PAPERS

15

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7,395

SSRN CITATIONS
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Top 11,565

in Total Papers Citations

63

CROSSREF CITATIONS

64

Scholarly Papers (15)

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1.

Irreversible Investment, Real Options, and Competition: Evidence from Real Estate Development

Downloads 1,458 (23,048)
Citation 20

Irreversible Investment, Real Options, and Competition: Evidence from Real Estate Development

Journal of Urban Economics, Vol. 65, pp. 237-251, 2009
Number of pages: 44 Posted: 22 Jan 2003 Last Revised: 27 Jul 2011
Laarni T. Bulan, Christopher J. Mayer and C. Tsuriel Somerville
Cornerstone Research, Columbia University - Columbia Business School, Finance and University of British Columbia (UBC) - Division of Strategy and Business Economics
Downloads 1,322 (26,159)
Citation 23

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real options, real estate, uncertainty, investment

Irreversible Investment, Real Options, and Competition: Evidence from Real Estate Development

NBER Working Paper No. w12486
Number of pages: 37 Posted: 29 Sep 2006 Last Revised: 13 Feb 2022
Laarni T. Bulan, Christopher J. Mayer and C. Tsuriel Somerville
Cornerstone Research, Columbia University - Columbia Business School, Finance and University of British Columbia (UBC) - Division of Strategy and Business Economics
Downloads 69 (573,056)

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Irreversible Investment, Real Options, and Competition: Evidence from Real Estate Development

Journal of Urban Economics, Vol. 65, No. 3, pp. 237-51, 2009
Number of pages: 44 Posted: 26 Oct 2011
Laarni T. Bulan, Christopher J. Mayer and C. Tsuriel Somerville
Cornerstone Research, Columbia University - Columbia Business School, Finance and University of British Columbia (UBC) - Division of Strategy and Business Economics
Downloads 67 (582,595)

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2.

On the Timing of Dividend Initiations

Downloads 1,019 (38,793)
Citation 35

On the Timing of Dividend Initiations

Harvard Business School Negotiation, Organizations and Markets Unit, Research Paper Series, Forthcoming
Number of pages: 37 Posted: 04 Feb 2004
Laarni T. Bulan, Narayanan Subramanian and Lloyd Tanlu
Cornerstone Research, Cornerstone Research, Inc. - Boston Office and Washington and Lee University
Downloads 540 (88,714)
Citation 31

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Dividend Initiations, Maturity Hypothesis, Dividend Premium

On the Timing of Dividend Initiations

Financial Management, Vol. 36, No. 4, pp. 31-65, Winter 2007
Number of pages: 50 Posted: 08 Feb 2007 Last Revised: 20 Nov 2009
Laarni T. Bulan, Narayanan Subramanian and Lloyd Tanlu
Cornerstone Research, Cornerstone Research, Inc. - Boston Office and Washington and Lee University
Downloads 479 (102,822)

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Dividend Initiations, Maturity Hypothesis, Dividend Premium

3.

Firm Maturity and the Pecking Order Theory

Number of pages: 31 Posted: 13 Feb 2011
Laarni T. Bulan and Zhipeng Yan
Cornerstone Research and New Jersey Institute of Technology
Downloads 1,018 (38,846)
Citation 24

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Life Cycle, Pecking Order, Capital Structure

4.

Tests of the Pecking Order Theory and the Firm Life Cycle

Number of pages: 36 Posted: 21 Feb 2009 Last Revised: 28 Apr 2009
Laarni T. Bulan and Zhipeng Yan
Cornerstone Research and New Jersey Institute of Technology
Downloads 680 (67,241)
Citation 5

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Life Cycle, Pecking Order, Financing, Capital Structure

5.

When are Dividend Omissions Good News?

Number of pages: 39 Posted: 03 Jul 2007
Laarni T. Bulan, Narayanan Subramanian and Lloyd Tanlu
Cornerstone Research, Cornerstone Research, Inc. - Boston Office and Washington and Lee University
Downloads 600 (78,655)
Citation 2

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payout policy, dividend omissions, debt overhang

6.

A Closer Look at Dividend Omissions: Payout Policy, Investment and Financial Flexibility

Number of pages: 55 Posted: 31 Jan 2009
Laarni T. Bulan and Narayanan Subramanian
Cornerstone Research and Cornerstone Research, Inc. - Boston Office
Downloads 545 (88,651)
Citation 2

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Payout Policy, Dividend Omission, Dividend Resumption, Debt Overhang, Financial Flexibility, Management Quality

7.

Regulatory Risk, Market Risk and Capital Structure: Evidence from U.S. Electric Utilities

Number of pages: 40 Posted: 17 Aug 2005 Last Revised: 09 Nov 2008
Paroma Sanyal and Laarni T. Bulan
Brandeis University - Department of Economics and Cornerstone Research
Downloads 527 (92,495)
Citation 2

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Capital structure, leverage, deregulation, electric utilities

8.

Real Options, Irreversible Investment and Firm Uncertainty: New Evidence from U.S. Firms

Review of Financial Economics, Special Issue on Real Options,Vol.14, pp. 255-279, 2005
Number of pages: 45 Posted: 15 Sep 2005 Last Revised: 20 Nov 2009
Laarni T. Bulan
Cornerstone Research
Downloads 411 (124,352)
Citation 8

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Real Options, Irreversible Investment, Uncertainty

9.

A Few Bad Apples: An Analysis of CEO Performance Pay and Firm Productivity

Journal of Economics and Business, Forthcoming
Number of pages: 66 Posted: 27 May 2008 Last Revised: 28 Feb 2010
Laarni T. Bulan, Paroma Sanyal and Zhipeng Yan
Cornerstone Research, Brandeis University - Department of Economics and New Jersey Institute of Technology
Downloads 286 (184,237)
Citation 1

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CEO, Executive Compensation, Pay-Performance Sensitivity, Productivity

10.

Innovation, R&D and Managerial Compensation

Number of pages: 53 Posted: 09 Apr 2010
Paroma Sanyal and Laarni T. Bulan
Brandeis University - Department of Economics and Cornerstone Research
Downloads 281 (187,551)
Citation 1

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Patents, R&D, Incentive Alignment, Executive Compensation Contracts, Pay-Performance Sensitivity

11.

To Cut or Not to Cut a Dividend

Number of pages: 53 Posted: 20 Nov 2010
Laarni T. Bulan
Cornerstone Research
Downloads 247 (213,365)
Citation 4

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12.

Is There Room for Growth? Debt, Growth Opportunities and the Deregulation of U.S. Electric Utilities

Number of pages: 29 Posted: 07 Dec 2005 Last Revised: 23 Feb 2009
Laarni T. Bulan and Paroma Sanyal
Cornerstone Research and Brandeis University - Department of Economics
Downloads 170 (300,540)
Citation 1

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Capital Structure, Growth Opportunities, Deregulation, Electric Utility

13.

Incentivizing Managers to Build Innovative Firms

Number of pages: 24 Posted: 30 Sep 2010
Laarni T. Bulan and Paroma Sanyal
Cornerstone Research and Brandeis University - Department of Economics
Downloads 99 (455,191)

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Patents, Executive Compensation, Pay-for-Performance Sensitivity

14.

The Impact of Technical Defaults on Dividend Policy

Journal of Banking and Finance, Vol. 37, No. 3, 2013
Number of pages: 38 Posted: 15 Jan 2013 Last Revised: 02 Oct 2015
Laarni T. Bulan and Tyler Hull
Cornerstone Research and University of Massachusetts Boston
Downloads 54 (638,249)
Citation 1

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Dividend policy, Loan covenants, Technical default

15.

The Pecking Order Theory and the Firm's Life Cycle

Banking and Finance Letters, Vol. 1, No. 3, 2009
Posted: 25 Feb 2010 Last Revised: 19 Nov 2010
Laarni T. Bulan and Zhipeng Yan
Cornerstone Research and New Jersey Institute of Technology

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Life Cycle, Pecking Order, Financing