Alexei Zhdanov

Pennsylvania State University

Assistant Professor of Finance

University Park

State College, PA 16802

United States

http://www.alexeizhdanov.com

SCHOLARLY PAPERS

23

DOWNLOADS
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Top 2,029

in Total Papers Downloads

16,259

SSRN CITATIONS
Rank 4,105

SSRN RANKINGS

Top 4,105

in Total Papers Citations

147

CROSSREF CITATIONS

115

Scholarly Papers (23)

1.

The Dynamics of Mergers and Acquisitions

Simon School of Business Working Paper No. FR 01-11
Number of pages: 29 Posted: 30 Aug 2001
Erwan Morellec and Alexei Zhdanov
Ecole Polytechnique Fédérale de Lausanne and Pennsylvania State University
Downloads 3,628 (2,732)
Citation 18

Abstract:

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Takeovers, Option Games, Real Options, Learning

2.

Real Options, Volatility, and Stock Returns

Journal of Finance, Vol. 67, pp. 1499-1536, 2012
Number of pages: 49 Posted: 08 Mar 2008 Last Revised: 25 Mar 2013
Gustavo Grullon, Evgeny Lyandres and Alexei Zhdanov
Rice University - Jesse H. Jones Graduate School of Business, Boston University and Pennsylvania State University
Downloads 1,374 (13,764)
Citation 19

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Volatility, Risk, Stock Returns, Real Options

3.
Downloads 1,214 ( 16,645)
Citation 12

A Theory of Merger-Driven IPOs

Journal of Financial and Quantitative Analysis (JFQA), Vol. 46, pp. 1367-1405, 2011
Number of pages: 64 Posted: 06 Feb 2008 Last Revised: 14 Mar 2013
Evgeny Lyandres, Alexei Zhdanov and Jim Hsieh
Boston University, Pennsylvania State University and George Mason University
Downloads 1,214 (16,329)
Citation 12

Abstract:

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Takeovers, IPOs, Valuation Uncertainty, Real Options

4.

A Theory of Strategic Mergers

Review of Finance, Vol. 16, pp. 517-575, 2011
Number of pages: 54 Posted: 07 Mar 2008 Last Revised: 12 Nov 2013
University of Miami - Department of Finance, Boston University and Pennsylvania State University
Downloads 1,196 (17,023)
Citation 8

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horizontal mergers, competition, strategic interaction, real options

5.

Accelerated Investment Effect of Risky Debt

Journal of Banking and Finance, Vol. 34, pp. 2587-2599, 2010
Number of pages: 31 Posted: 18 Mar 2008 Last Revised: 13 Mar 2013
Evgeny Lyandres and Alexei Zhdanov
Boston University and Pennsylvania State University
Downloads 1,142 (18,270)
Citation 3

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accelerated investment, underinvestment, leverage, real options

6.

Financing Investment: The Choice between Bonds and Bank Loans

HEC Paris Research Paper No. FIN-2013-1010, Swiss Finance Institute Research Paper No. 14-04
Number of pages: 48 Posted: 18 Oct 2012 Last Revised: 16 May 2014
Erwan Morellec, Philip Valta and Alexei Zhdanov
Ecole Polytechnique Fédérale de Lausanne, University of Bern and Pennsylvania State University
Downloads 949 (23,980)
Citation 5

Abstract:

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debt structure, capital structure, investment, credit supply, competition

7.

Earnings and Equity Valuation in the Biotech Industry: Theory and Evidence

Number of pages: 45 Posted: 23 May 2007
Philip Joos and Alexei Zhdanov
Tilburg University and Pennsylvania State University
Downloads 925 (24,932)
Citation 6

Abstract:

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real options, research and development

8.
Downloads 694 ( 37,115)
Citation 2

Misvaluation and Return Anomalies in Distress Stocks

Swiss Finance Institute Research Paper No. 12-12
Number of pages: 50 Posted: 16 Mar 2012
Assaf Eisdorfer, Amit Goyal and Alexei Zhdanov
University of Connecticut - Department of Finance, University of Lausanne and Pennsylvania State University
Downloads 369 (81,276)
Citation 1

Abstract:

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Financial Distress, Return Anomalies, Misvaluation

Misvaluation and Return Anomalies in Distress Stocks

AFA 2013 San Diego Meetings Paper
Number of pages: 47 Posted: 17 Mar 2012
Assaf Eisdorfer, Amit Goyal and Alexei Zhdanov
University of Connecticut - Department of Finance, University of Lausanne and Pennsylvania State University
Downloads 325 (94,038)
Citation 2

Abstract:

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financial distress, return anomalies, misvaluation

9.

Investment Opportunities and Bankruptcy Prediction

Journal of Financial Markets, 16 (3), 439-476
Number of pages: 42 Posted: 22 Nov 2006 Last Revised: 19 Apr 2018
Evgeny Lyandres and Alexei Zhdanov
Boston University and Pennsylvania State University
Downloads 694 (37,115)
Citation 5

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Growth options, Bankruptcy prediction, Default threhsold

10.

Financing and Takeovers

Swiss Finance Institute Research Paper No. 06-22
Number of pages: 47 Posted: 19 Jul 2006
Erwan Morellec and Alexei Zhdanov
Ecole Polytechnique Fédérale de Lausanne and Pennsylvania State University
Downloads 643 (41,103)
Citation 6

Abstract:

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takeovers, option games, real options, capital structure

11.

A Dynamic Analysis of Takeover Deals with Competition and Imperfect Information

Simon School of Business Working Paper No. FR 03-15
Number of pages: 30 Posted: 21 May 2003
Erwan Morellec and Alexei Zhdanov
Ecole Polytechnique Fédérale de Lausanne and Pennsylvania State University
Downloads 452 (64,499)
Citation 2

Abstract:

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Takeovers, Real Options, Competition, Learning

12.

Convertible Debt and Investment Timing

Journal of Corporate Finance, 24, 21-37
Number of pages: 31 Posted: 22 Feb 2006 Last Revised: 19 Apr 2018
Evgeny Lyandres and Alexei Zhdanov
Boston University and Pennsylvania State University
Downloads 436 (67,283)
Citation 5

Abstract:

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Convertible Debt, Real Options, Investment, Capital Structure

13.

Equity Misvaluation and Default Options

Journal of Finance, Forthcoming
Number of pages: 62 Posted: 29 Oct 2016 Last Revised: 03 Feb 2018
Assaf Eisdorfer, Amit Goyal and Alexei Zhdanov
University of Connecticut - Department of Finance, University of Lausanne and Pennsylvania State University
Downloads 361 (84,107)
Citation 1

Abstract:

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Mispricing, Default Options, Stock Returns

14.

Misvaluation of Investment Options

Number of pages: 77 Posted: 09 Aug 2016 Last Revised: 03 Aug 2018
Evgeny Lyandres, Egor Matveyev and Alexei Zhdanov
Boston University, Massachusetts Institute of Technology (MIT) - Sloan School of Management and Pennsylvania State University
Downloads 311 (99,425)
Citation 1

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Misvaluation, Investment Options, Optimal Investment, Demand Uncertainty, Future Returns, Structural Estimation

Venture Capital Investments, Mergers and Competition Laws around the World

Tuck School of Business Working Paper No. 3072665
Number of pages: 69 Posted: 20 Nov 2017 Last Revised: 11 Nov 2019
Gordon M. Phillips and Alexei Zhdanov
Dartmouth College - Tuck School of Business and Pennsylvania State University
Downloads 286 (108,257)

Abstract:

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Venture Capital, Mergers and Acquisitions, Merger Waves, Takeover Laws

R&D and the Incentives from Merger and Acquisition Activity

Number of pages: 65 Posted: 27 Nov 2012
Gordon M. Phillips and Alexei Zhdanov
Dartmouth College - Tuck School of Business and Pennsylvania State University
Downloads 274 (113,303)

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mergers, innovation, R&D

R&D and the Incentives from Merger and Acquisition Activity

NBER Working Paper No. w18346
Number of pages: 58 Posted: 01 Sep 2012 Last Revised: 16 Oct 2014
Gordon M. Phillips and Alexei Zhdanov
Dartmouth College - Tuck School of Business and Pennsylvania State University
Downloads 23 (533,154)
Citation 7

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17.

Examining the Price-Earnings Relation in a Real Options Framework with Investor Learning

Number of pages: 58 Posted: 04 Nov 2005
Philip Joos and Alexei Zhdanov
Tilburg University and Pennsylvania State University
Downloads 295 (105,300)
Citation 1

Abstract:

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real options, research and development, price-earnings, valuation

18.

Competitive Equilibrium With Debt

Number of pages: 40 Posted: 06 Oct 2005
Alexei Zhdanov
Pennsylvania State University
Downloads 279 (111,789)
Citation 1

Abstract:

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Real Options, Capital Structure

19.

Maturity Driven Mispricing of Options

Number of pages: 51 Posted: 29 Nov 2016 Last Revised: 30 Aug 2018
Assaf Eisdorfer, Ronnie Sadka and Alexei Zhdanov
University of Connecticut - Department of Finance, Boston College - Carroll School of Management and Pennsylvania State University
Downloads 269 (116,093)

Abstract:

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Option returns; Investor inattention

20.

Product Market Competition and Option Prices

Swiss Finance Institute Research Paper No. 17-07
Number of pages: 57 Posted: 17 Feb 2017 Last Revised: 13 Apr 2018
Erwan Morellec and Alexei Zhdanov
Ecole Polytechnique Fédérale de Lausanne and Pennsylvania State University
Downloads 222 (140,926)

Abstract:

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Product market competition, Investment, Leverage effect, Option skew

21.

R&D and the Market for Acquisitions

Swiss Finance Institute Research Paper No. 11-22
Number of pages: 63 Posted: 31 May 2011
Gordon M. Phillips and Alexei Zhdanov
Dartmouth College - Tuck School of Business and Pennsylvania State University
Downloads 213 (146,584)
Citation 3

Abstract:

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Acquisitions, Research and Developement, Innovation, Competition

22.

Distress Anomaly and Shareholder Risk: International Evidence

Paris December 2015 Finance Meeting EUROFIDAI - AFFI
Number of pages: 36 Posted: 21 May 2013 Last Revised: 02 Oct 2015
Assaf Eisdorfer, Amit Goyal and Alexei Zhdanov
University of Connecticut - Department of Finance, University of Lausanne and Pennsylvania State University
Downloads 202 (154,120)
Citation 2

Abstract:

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Distress anomaly, International finance

23.

Default Option and the Cross-Section of Stock Returns

Number of pages: 50 Posted: 18 Sep 2015
Assaf Eisdorfer, Amit Goyal and Alexei Zhdanov
University of Connecticut - Department of Finance, University of Lausanne and Pennsylvania State University
Downloads 177 (173,820)
Citation 73

Abstract:

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Asset pricing, Default option