Marc Deloof

University of Antwerp

Professor of Finance

Prinsstraat 13

Faculteit TEW

Antwerpen, 2000

Belgium

http://https://www.uantwerpen.be/en/staff/marc-deloof/

University of Antwerp - Antwerp Management School

Boogkeers 5

Antwerp, 2000

Belgium

  • University of Antwerp

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    • Fax: +32 3 265 47 99

  • University of Antwerp - Antwerp Management School

SCHOLARLY PAPERS

33

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45

CROSSREF CITATIONS

22

Scholarly Papers (33)

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1.

The Valuation of Ipos by Investment Banks and the Stock Market: Empirical Evidence

Number of pages: 29 Posted: 28 Jan 2002
Wouter De Maeseneire, Marc Deloof and Koen Inghelbrecht
Vlerick Business School, University of Antwerp and Ghent University - Department of Economics
Downloads 3,038 (7,305)
Citation 2

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Company Valuation, Investment Banks, Initial Public Offering

2.

Why Do Holding Companies Trade at a Discount? A Clinical Study (*)

Number of pages: 37 Posted: 27 Jan 2004
An Rommens, Marc Deloof and Marc Jegers
University of Antwerp, University of Antwerp and Free University of Brussels (VUB) - Micro-Economics for Profit and Non Profit Sector (MICE)
Downloads 2,374 (10,750)
Citation 1

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holding companies, closed-end fund discount, pyramidal groups, private benefits, case study

3.

Earnings Management within Multinational Corporations

The Accounting Review 94 (4): 45-76
Number of pages: 99 Posted: 04 May 2010 Last Revised: 29 Aug 2019
Christof Beuselinck, Stefano Cascino, Marc Deloof and Ann Vanstraelen
Catholic University of Lille - IESEG School of Management, London School of Economics, University of Antwerp and Maastricht University
Downloads 2,366 (10,818)
Citation 10

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Earnings management, Multinational corporations, Subsidiaries, Consolidation, Regulatory arbitrage, Enforcement, Regulation

4.

The Debt Maturity Structure of Small Firms in a Creditor Oriented Environment

Number of pages: 26 Posted: 25 Jun 2003
Dries Heyman, Marc Deloof and Hubert Ooghe
Ghent University - Department of Financial Economics, University of Antwerp and Vlerick Business School
Downloads 497 (99,141)
Citation 11

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debt maturity, capital structure, small firms

5.

Headquarters–Subsidiary Interdependencies and the Design of Performance Evaluation and Reward Systems in Multinational Enterprises

European Accounting Review Forthcoming
Number of pages: 50 Posted: 07 Aug 2009 Last Revised: 04 Oct 2012
Yan Du, Marc Deloof and Ann Jorissen
EDHEC Business School, University of Antwerp and University of Antwerp - Department of Accounting & Finance
Downloads 397 (129,206)

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headquarters–subsidiary interdependencies, performance evaluation and rewards, control systems, multinational enterprises

6.

Dividend Growth and Return Predictability: A Long-Run Re-Examination of Conventional Wisdom

Journal of Empirical Finance, Vol. 52, 2019
Number of pages: 65 Posted: 29 Nov 2018 Last Revised: 08 Oct 2019
Gertjan Verdickt, Jan Annaert and Marc Deloof
KU Leuven, Department Accounting, Finance and Insurance, University of Antwerp Department of Accounting & Finance and University of Antwerp
Downloads 387 (132,988)
Citation 2

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return predictability, dividend growth predictability, equity duration, financial history

7.

Determinants of Corporate Financial Disclosure in an Unregulated Environment: Evidence from the Early 20th Century

European Accounting Review, Forthcoming
Number of pages: 48 Posted: 02 Mar 2008 Last Revised: 07 Jan 2009
Wouter Van Overfelt, Ann Vanstraelen and Marc Deloof
affiliation not provided to SSRN, Maastricht University and University of Antwerp
Downloads 365 (141,872)
Citation 2

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financial disclosure, financial reporting regulation, investor protection, bank relationships, pre-World War I Belgium

8.

Long Run Stock Returns: Evidence from Belgium 1838-2010

Number of pages: 30 Posted: 04 Oct 2012
Jan Annaert, Frans Buelens and Marc Deloof
University of Antwerp Department of Accounting & Finance, University of Antwerp and University of Antwerp
Downloads 344 (151,362)
Citation 2

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long run stock returns, equity premium, size effect, 19th and 20th centuries, Brussels stock exchange

9.

Earnings Management in Business Groups: Tax Incentives or Expropriation Concealment?

Number of pages: 43 Posted: 26 Jul 2006 Last Revised: 11 Dec 2013
Christof Beuselinck and Marc Deloof
Catholic University of Lille - IESEG School of Management and University of Antwerp
Downloads 322 (162,443)
Citation 9

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business groups; earnings management; marginal tax rate; ownership structure

10.

Do Universal Banks Create Value? Universal Bank Affiliation and Company Performance in Belgium, 1905-1909

Downloads 258 (204,083)
Citation 10

Do Universal Banks Create Value? Universal Bank Affiliation and Company Performance in Belgium, 1905-1909

Number of pages: 43 Posted: 08 Feb 2007
Wouter Van Overfelt, Jan Annaert, Marc J. K. de Ceuster and Marc Deloof
affiliation not provided to SSRN, University of Antwerp Department of Accounting & Finance, University of Antwerp - Faculty of Applied Economics - City Campus and University of Antwerp
Downloads 258 (203,155)
Citation 10

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Universal Banking, Company Performance, Company Risk, Director Interlocks

Do Universal Banks Create Value? Universal Bank Affiliation and Company Performance in Belgium, 1905-1909

Explorations in Economic History, Forthcoming
Posted: 17 Sep 2008
Wouter Van Overfelt, Jan Annaert, Marc J. K. de Ceuster and Marc Deloof
affiliation not provided to SSRN, University of Antwerp Department of Accounting & Finance, University of Antwerp - Faculty of Applied Economics - City Campus and University of Antwerp

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Company Performance, Company Risk, Universal Banks, Director Interlocks

11.

Business Elites, Political Connections, and Economic Entrenchment: Evidence from Belgium 1858-1909

Number of pages: 44 Posted: 07 Jan 2010
Mihaela Livia Ghita, Ludo Cuyvers and Marc Deloof
University of Antwerp, affiliation not provided to SSRN and University of Antwerp
Downloads 215 (243,288)
Citation 1

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business elites, political connections, nobility, economic entrenchment, resource dependency, first and second industrial revolution, pre-World War I Belgium

12.

Who's Afraid of Universal Banks? Bank Affiliations and Corporate Dividend Policy in Pre-World War I Belgium

EFA 2007 Ljubljana Meetings Paper
Number of pages: 49 Posted: 21 Feb 2007
Marc Deloof, Annelies Roggeman and Wouter Van Overfelt
University of Antwerp, University of Antwerp and affiliation not provided to SSRN
Downloads 200 (259,968)
Citation 6

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Dividend policy, universal banks, bank directors, investor protection, pre-World War I Belgium

13.

Were Modern Capital Structure Theories Valid Before World War I?

Number of pages: 37 Posted: 21 Feb 2007
Marc Deloof and Wouter Van Overfelt
University of Antwerp and affiliation not provided to SSRN
Downloads 195 (265,902)

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capital structure, corporate income tax, investor protection, bank relationships, universal banks

14.

Who's Afraid of Foreigners? Religion, Trust, and Directors in Multinational Corporations

Number of pages: 39 Posted: 22 Dec 2006
Marc Deloof and Catherine Campo
University of Antwerp and Independent
Downloads 187 (276,079)

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religion, trust, national culture, multinational corporations, subsidiary control, board of directors

15.

Is Group Affiliation Profitable in Developed Countries? Not in Belgium

Number of pages: 32 Posted: 21 Feb 2005
An Buysschaert, Marc Deloof and Marc Jegers
Vrije Universiteit Brussel (VUB) - Micro-economics for Profit and Non Profit Sector (MICE), University of Antwerp and Free University of Brussels (VUB) - Micro-Economics for Profit and Non Profit Sector (MICE)
Downloads 179 (286,831)
Citation 1

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business groups, internal capital markets, company performance

16.

Banking on Innovation: Listed and Non-listed Equity Investing, Evidence from Société Générale de Belgique, 1850-1934

Number of pages: 30 Posted: 08 Nov 2022 Last Revised: 18 Oct 2023
Marc Deloof and Gertjan Verdickt
University of Antwerp and KU Leuven, Department Accounting, Finance and Insurance
Downloads 150 (333,355)

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Private Equity, Universal Banking, Holding Companies

17.

The Value of Stable Ownership During the Global Financial Crisis

Number of pages: 42 Posted: 05 May 2013
Andy Lardon, Christof Beuselinck and Marc Deloof
University of Antwerp, Catholic University of Lille - IESEG School of Management and University of Antwerp
Downloads 148 (337,005)
Citation 9

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Ownership Stability, Ownership Concentration, Global Financial Crisis, Stock Returns, Idiosyncratic Risk, Investments

18.

The Long-Run Persistence of Dividend Policy

Number of pages: 45 Posted: 07 Jul 2020 Last Revised: 22 Jun 2023
Leentje Moortgat, Jan Annaert and Marc Deloof
Ghent University, University of Antwerp and University of Antwerp
Downloads 133 (366,463)

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Dividend policy, Dividend smoothing, Imprinting, Financial history, Belgium

19.

Internal Capital Markets and the Debt Policy of Belgian Firms

Number of pages: 17 Posted: 28 Sep 2021
Marc Deloof
University of Antwerp
Downloads 122 (391,157)

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Internal capital markets, debt policy, Belgium, multinational corporations, business groups

20.

Trade Credit and Bank Relationships: Evidence from Pre-World War I Belgium

Number of pages: 27 Posted: 18 Jan 2009
Marc Deloof and Wouter Van Overfelt
University of Antwerp and affiliation not provided to SSRN
Downloads 119 (398,368)
Citation 2

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Trade credit policies, accounts receivable, bank relationships, pre-World War 1 Belgium

21.

The Flight Home Effect in Multinational Internal Capital Markets During the Great Recession

Paris December 2017 Finance Meeting EUROFIDAI - AFFI
Number of pages: 37 Posted: 29 May 2017
Marc Deloof and Fabiola Montalto
University of Antwerp and University of Antwerp
Downloads 118 (400,778)

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Internal capital markets, flight home effect, multinational firms, Great Recession, Italy

22.

Bonds for the Long Run? The Rate of Return on Corporate Bonds in Belgium, 1838-1939

Number of pages: 83 Posted: 01 Jun 2022
Kevin Van Mencxel, Jan Annaert and Marc Deloof
University of Antwerp - Department of Accounting & Finance, University of Antwerp Department of Accounting & Finance and University of Antwerp
Downloads 105 (436,081)

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Indices, Long-Run Returns, Corporate Bonds, Historical Bond Markets, Data Bias

23.

The Value of Bank Relationships: Evidence from Belgium at the Start of the Great Depression

Number of pages: 35 Posted: 07 Sep 2010
Marc Deloof and Veronique Vermoesen
University of Antwerp and University of Antwerp
Downloads 102 (445,226)

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Bank relationships, Interlocking directorships, Busy directors, Firm value, Great Depression, Belgium

24.

When Do Firms Go Public? Stock and Bond IPOs in Belgium, 1839-1935

Number of pages: 38 Posted: 04 Sep 2020
Marc Deloof, Abe de Jong and Wilco Legierse
University of Antwerp, Monash University and Erasmus University Rotterdam (EUR) - Rotterdam School of Management (RSM)
Downloads 57 (621,101)

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Stock IPO, Bond IPO, Regulation, Investor Protection, Belgium

25.

Entrepreneurial Finance without Investor Protection: Evidence from IPOs in pre-World War I Belgium

Number of pages: 45 Posted: 09 Sep 2022
Marc Deloof and Ine Paeleman
University of Antwerp and University of Antwerp
Downloads 56 (626,300)

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entrepreneurial finance, investor protection, international entrepreneurship, IPOs; first era of globalization

26.

Investing for the Long Run: The Rise and Fall of Société Générale De Belgique, 1835-1988

Number of pages: 31 Posted: 29 May 2023
Gertjan Verdickt and Marc Deloof
KU Leuven, Department Accounting, Finance and Insurance and University of Antwerp
Downloads 15 (931,240)

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Private Equity, Universal Banking, Holding Companies

27.

Financial Reporting, Disclosure, and Corporate Governance

The Oxford handbook of Corporate Governance, Oxford University Press, 2013, Chapter 13, pp. 290-307, ISBN 9780199642007
Posted: 05 Apr 2016
Christof Beuselinck, Marc Deloof and Sophie Manigart
Catholic University of Lille - IESEG School of Management, University of Antwerp and Vlerick Business School

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voluntary disclosure, information, disclosure regulations, private firms, public firms

28.

Cross-Jurisdictional Income Shifting and Tax Enforcement: Evidence from Public versus Private Multinationals

Review of Accounting Studies, Forthcoming
Posted: 13 Dec 2014
Christof Beuselinck, Marc Deloof and Ann Vanstraelen
Catholic University of Lille - IESEG School of Management, University of Antwerp and Maastricht University

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tax planning, income shifting, tax enforcement, composite tax score

29.

Long-Term Debt Maturity and Financing Constraints of SMEs During the Global Financial Crisis

Small Business Economics, Forthcoming
Posted: 10 Jun 2012
Veronique Vermoesen, Marc Deloof and Eddy Laveren
University of Antwerp, University of Antwerp and University of Antwerp

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Privately held SMEs, financing constraints, long-term debt maturity, Global Financial Crisis, Belgium

30.

Financial Disclosure by SMEs Listed on a Semi-Regulated Market: Evidence from the Euronext Free Market

Small Business Economics, Vol. 42, No. 2, 2014
Posted: 07 Aug 2011 Last Revised: 08 Oct 2014
Andy Lardon and Marc Deloof
University of Antwerp and University of Antwerp

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Euronext Free Market, Financial disclosure regulation, Small and Medium Sized Enterprises, Firm value, Stock liquidity, Financial crisis

31.

How Does Intragroup Financing Affect Leverage? Belgian Evidence

Journal of Accounting, Auditing and Finance, Vol. 31, No. 1, Winter 2006
Posted: 08 Dec 2005
Ilse Verschueren and Marc Deloof
Vrije Universiteit Brussel (VUB) and University of Antwerp

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Leverage, business groups

32.

Private Equity Investments and Disclosure Policy

European Accounting Review Vol. 17, No. 4, December 2008
Posted: 11 Nov 2004 Last Revised: 10 Jan 2011
Christof Beuselinck, Marc Deloof and Sophie Manigart
Catholic University of Lille - IESEG School of Management, University of Antwerp and Vlerick Business School

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Disclosure choice, private equity, unlisted firms, corporate governance

33.

Equity Sales in Belgian Corporate Groups: Expropriation of Minority Shareholders? A Clinical Study

Posted: 22 Sep 2003
An Buysschaert, Marc Deloof and Marc Jegers
Vrije Universiteit Brussel (VUB) - Micro-economics for Profit and Non Profit Sector (MICE), University of Antwerp and Free University of Brussels (VUB) - Micro-Economics for Profit and Non Profit Sector (MICE)

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corporate groups, private benefits, tunneling, event study