Ronan Powell

University College Dublin (UCD) - Michael Smurfit Graduate School of Business

Professor of Corporate Finance

Blackrock, Co. Dublin

Ireland

SCHOLARLY PAPERS

25

DOWNLOADS
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6,135

CITATIONS
Rank 8,426

SSRN RANKINGS

Top 8,426

in Total Papers Citations

54

Scholarly Papers (25)

1.

The Sources of Value Destruction in Acquisitions by Entrenched Managers

Journal of Financial Economics (JFE), Vol. 106, No. 2, 2012
Number of pages: 43 Posted: 02 Mar 2010 Last Revised: 30 Aug 2012
University of Washington, UNSW Business School and University College Dublin (UCD) - Michael Smurfit Graduate School of Business
Downloads 1,061 (15,775)
Citation 18

Abstract:

Corporate Governance, Mergers, Entrenchment, Overvalued Equity, Overpayment

Takeover Prediction Models and Portfolio Strategies: A Multinomial Approach

Multinational Finance Journal, Forthcoming
Number of pages: 38 Posted: 23 Nov 2004
Ronan Powell
University College Dublin (UCD) - Michael Smurfit Graduate School of Business
Downloads 771 (24,849)
Citation 9

Abstract:

Multinomial logit, takeover prediction, abnormal returns, size effect

Takeover Prediction Models and Portfolio Strategies: A Multinomial Approach

Multinational Finance Journal, Vol. 8, No. 1/2, p. 35-72, 2004
Number of pages: 38 Posted: 01 Jul 2015
Ronan Powell
University College Dublin (UCD) - Michael Smurfit Graduate School of Business
Downloads 27 (422,060)
Citation 9
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Abstract:

multinomial logit; takeover prediction; abnormal returns; size effect

3.

Excess Cash Holdings and Shareholder Value

Number of pages: 37 Posted: 12 Apr 2010
Edward Lee and Ronan Powell
affiliation not provided to SSRN and University College Dublin (UCD) - Michael Smurfit Graduate School of Business
Downloads 628 (26,049)
Citation 5

Abstract:

Transactions cost, Trade-off, Stock performance, Marginal value of cash, Persistence

4.

Information Quality, Auditor Reputation and Capitalization Effects: The Legacy of Enron

Number of pages: 36 Posted: 06 Apr 2005
Peter G. Dunne, Haim Falk, John Forker and Ronan Powell
Central Bank of Ireland, The Technion, Israel Institute of Technology, Queen's University Management School and University College Dublin (UCD) - Michael Smurfit Graduate School of Business
Downloads 490 (44,059)

Abstract:

Accounting information quality, Auditor reputation, Earnings-response-coefficients, Risk premium

5.

A Comparison of Error Rates for EVA, Residual Income, GAAP-Earnings, and Other Metrics Using a Long-Window Valuation Approach

Number of pages: 39 Posted: 19 Apr 2008
John Forker and Ronan Powell
Queen's University Management School and University College Dublin (UCD) - Michael Smurfit Graduate School of Business
Downloads 447 (49,970)

Abstract:

valuation errors, residual income, EVA, MVA, GAAP, IASB

6.

Firm Size, Takeover Profitability, and the Effectiveness of the Market for Corporate Control: Does the Absence of Anti-Takeover Provisions Make a Difference?

Journal of Corporate Finance, Vol. 17, No. 3, 2011, UNSW Australian School of Business Research Paper No. 2012 BFIN 12
Number of pages: 49 Posted: 02 Mar 2010 Last Revised: 03 Sep 2012
Mark Humphery-Jenner and Ronan Powell
UNSW Business School and University College Dublin (UCD) - Michael Smurfit Graduate School of Business
Downloads 309 (67,144)
Citation 7

Abstract:

Size Effect, Corporate Control, Takeovers, Empire Building, Entrenchment

7.

Method of Payment and Risk Mitigation in Cross-Border Mergers and Acquisitions

Asian Finance Association (AsianFA) 2014 Conference Paper, 27th Australasian Finance and Banking Conference 2014 Paper
Number of pages: 63 Posted: 26 Feb 2014 Last Revised: 19 Nov 2015
Peng Huang, Micah S. Officer and Ronan Powell
University of New South Wales - Australian School of Business, Loyola Marymount University - Department of Finance and Computer Information Systems and University College Dublin (UCD) - Michael Smurfit Graduate School of Business
Downloads 291 (43,615)

Abstract:

Cross-border M&As, information asymmetry, relative country-risk, overpayment

Are Corporate Restructuring Events Driven By Common Factors? Implications for Takeover Prediction

Journal of Business Finance & Accounting, Forthcoming
Number of pages: 30 Posted: 27 Jan 2007
Ronan Powell and Alfred Yawson
University College Dublin (UCD) - Michael Smurfit Graduate School of Business and University of Adelaide Business School
Downloads 276 (90,561)
Citation 7

Abstract:

Corporate restructuring, Takeovers, Divestitures, Layoffs, Bankruptcies, Type II error

Are Corporate Restructuring Events Driven By Common Factors? Implications for Takeover Prediction

Journal of Business Finance & Accounting, Vol. 34, Issue 7-8, pp. 1169-1192, September/October 2007
Number of pages: 24 Posted: 15 Oct 2007
Ronan Powell and Alfred Yawson
University College Dublin (UCD) - Michael Smurfit Graduate School of Business and University of Adelaide Business School
Downloads 12 (507,858)
Citation 7
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Abstract:

9.

Cross-Border Mergers and Acquisitions for Innovation Opportunities

26th Australasian Finance and Banking Conference 2013, Asian Finance Association (AsianFA) 2014 Conference Paper
Number of pages: 59 Posted: 24 Jun 2013 Last Revised: 30 Apr 2016
University of Hong Kong, University of New South Wales - Australian School of Business, UNSW Business School and University College Dublin (UCD) - Michael Smurfit Graduate School of Business
Downloads 170 (97,419)

Abstract:

Innovation, mergers, acquisitions, cross-border

10.

Does the Market Value Innovative Investments? A Comparison of CAPEX with Investments in R&D and IT

Number of pages: 41 Posted: 30 Sep 2010
Kon Moltchanski, Fouad Nagm and Ronan Powell
University of New South Wales (UNSW), UNSW Australia Business School, School of Information Systems, Technology & Management and University College Dublin (UCD) - Michael Smurfit Graduate School of Business
Downloads 143 (154,551)

Abstract:

Information technology, innovative investments, dispersion of investor opinion, abnormal returns, myopia

11.

Firm Size, Sovereign Governance, and Value Creation: Evidence from the Acquirer Size Effect

Journal of Corporate Finance, 2014, Vol. 26, pp. 57-77, DOI: 10.1016/j.jcorpfin.2014.02.009
Number of pages: 41 Posted: 03 Mar 2011 Last Revised: 09 May 2014
Mark Humphery-Jenner and Ronan Powell
UNSW Business School and University College Dublin (UCD) - Michael Smurfit Graduate School of Business
Downloads 140 (150,493)

Abstract:

Governance, Regulation, Takeovers, Size-Effect

12.

Does Organizational Experience Matter? Evidence from Divestitures

UNSW Australian School of Business Research Paper No. 2013 BFIN 09, 26th Australasian Finance and Banking Conference 2013
Number of pages: 71 Posted: 18 Aug 2013 Last Revised: 02 Jun 2017
UNSW Business School, University College Dublin (UCD) - Michael Smurfit Graduate School of Business and Monash Business School
Downloads 136 (103,720)

Abstract:

Divestitures; Organizational Experience; Learning; Restructuring; Takeovers

13.

Formal Identification of Sentiment Effects in Asset Markets

Number of pages: 51 Posted: 22 Feb 2012
Central Bank of Ireland, Queen's University Management School, University College Dublin (UCD) - Michael Smurfit Graduate School of Business and Queen's University Management School
Downloads 114 (185,747)

Abstract:

bubbles, fundamental valuation, sentiment, early warning indicators

14.

Are Managers’ Perceptions that Investors are Myopic Justified? - A Comparison of the Market’s Assessment of the Returns to Expenditures on R&D, IT and CAPEX

Number of pages: 39 Posted: 14 Mar 2012
Ronan Powell, Kon Moltchanski and Fouad Nagm
University College Dublin (UCD) - Michael Smurfit Graduate School of Business, University of New South Wales (UNSW) and UNSW Australia Business School, School of Information Systems, Technology & Management
Downloads 41 (322,654)

Abstract:

information technology, innovative investments, dispersion of investor opinion, abnormal returns, myopia

15.

Measuring the Effectiveness of Australia's Statutory-Backed Continuous Disclosure Policy on ‘Innovative’ Investment Disclosures

CIFR Paper No. 51/2015
Number of pages: 48 Posted: 15 Jan 2015
Jarrad Harford and Ronan Powell
University of Washington and University College Dublin (UCD) - Michael Smurfit Graduate School of Business
Downloads 40 (296,201)

Abstract:

Continuous disclosure; Regulation change; Innovation; R&D; IT; Abnormal returns

16.

The Returns to Public Investment in Innovation: Do R&D Grants Influence Corporate Innovation, Performance, and Employment?

28th Australasian Finance and Banking Conference
Number of pages: 46 Posted: 20 Aug 2015 Last Revised: 28 Sep 2016
Dublin City University Business School, UNSW Business School, UCD Michael Smurfit Business School and University College Dublin (UCD) - Michael Smurfit Graduate School of Business
Downloads 13 (210,987)

Abstract:

R&D, innovation, grants, export intensity, employment growth

17.

Ownership Structure, Managerial Turnover and Takeovers: Further U.K. Evidence on the Market for Corporate Control

Multinational Finance Journal, Vol. 2, No. 1, p. 62-83 , 1998
Number of pages: 24 Posted: 17 Jul 2015
Jay Dahya and Ronan Powell
City University of New York, CUNY Baruch College, Zicklin School of Business and University College Dublin (UCD) - Michael Smurfit Graduate School of Business
Downloads 5 (445,999)
Citation 2
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Abstract:

managerial control; hostile takeover; top management turnover; friendly takeover; ownership structure

18.

Internal Restructuring and Firm Survival

International Review of Finance, Vol. 12, Issue 4, pp. 435-467, 2012
Number of pages: 33 Posted: 06 Dec 2012
Ronan Powell
University College Dublin (UCD) - Michael Smurfit Graduate School of Business
Downloads 1 (546,924)
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Abstract:

19.

Excess Cash Holdings and Shareholder Value

Accounting & Finance, Vol. 51, Issue 2, pp. 549-574, 2011
Number of pages: 26 Posted: 04 May 2011
Edward Lee and Ronan Powell
University of New South Wales (UNSW) and University College Dublin (UCD) - Michael Smurfit Graduate School of Business
Downloads 1 (546,924)
Citation 5
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Abstract:

Transactions cost, Trade-off, Stock performance, Marginal value of cash, Persistence

20.

Audit Committee Indices, Firm Value, and Accounting Outcomes

Number of pages: 59 Posted: 28 Apr 2017
Wael Almaqoushi and Ronan Powell
University College Dublin (UCD) and University College Dublin (UCD) - Michael Smurfit Graduate School of Business
Downloads 0 (258,975)

Abstract:

Audit Committee, Firm Value, Internal Controls, Earnings Management, Principal Component Analysis

21.

The Impact of Economic Nationalism in Europe on the Returns to Rivals of Crossborder M&A Bids

Number of pages: 43 Posted: 22 Mar 2017 Last Revised: 16 Aug 2017
Ronan Powell, Sarah Prendergast and Ruchira Sharma
University College Dublin (UCD) - Michael Smurfit Graduate School of Business, Independent and Dublin City University Business School
Downloads 0 (415,509)

Abstract:

Economic nationalism, takeovers, rivals, abnormal returns, contagion

22.

The Choice of Acquisition Form Around the World

29th Australasian Finance and Banking Conference 2016
Number of pages: 53 Posted: 25 Aug 2016 Last Revised: 11 Feb 2017
Peng Huang, Mark Humphery-Jenner and Ronan Powell
University of Waikato, UNSW Business School and University College Dublin (UCD) - Michael Smurfit Graduate School of Business
Downloads 0 (353,176)

Abstract:

mergers, major acquisitions, minority acquisitions, cross-country, cross-border

23.

European Trade Credit Use and Firm Survival

Number of pages: 50 Posted: 30 Mar 2015 Last Revised: 03 Jun 2016
Gerard McGuinness, Teresa Hogan and Ronan Powell
Dublin City University, Dublin City University Business School and University College Dublin (UCD) - Michael Smurfit Graduate School of Business
Downloads 0 (363,292)

Abstract:

Trade credit, financial crisis, SMEs, panel data, survival, financial distress, country effects

24.

Industry Aspects of Takeovers and Divestitures: Evidence from the UK

Journal of Banking and Finance, Forthcoming
Posted: 24 Nov 2004
Ronan Powell and Alfred Yawson
University College Dublin (UCD) - Michael Smurfit Graduate School of Business and University of Adelaide Business School

Abstract:

Corporate restructuring, Industry shocks, Deregulation, Technology, Panel data

25.

Does Operating Performance Increase Post-takeover for UK Takeovers? A Comparison of Performance Measures and Benchmarks

Journal of Corporate Finance, Forthcoming
Posted: 24 Nov 2004
Ronan Powell and Andrew W. Stark
University College Dublin (UCD) - Michael Smurfit Graduate School of Business and University of Manchester - Manchester Business School

Abstract:

Takeovers, Operating cash flows, Benchmarks, Market validation