Laurent Frésard

University of Lugano

Lugano, 900

Switzerland

Swiss Finance Institute

c/o University of Geneva

40, Bd du Pont-d'Arve

CH-1211 Geneva 4

Switzerland

SCHOLARLY PAPERS

19

DOWNLOADS
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Top 3,067

in Total Papers Downloads

12,261

SSRN CITATIONS
Rank 5,474

SSRN RANKINGS

Top 5,474

in Total Papers Citations

75

CROSSREF CITATIONS

121

Scholarly Papers (19)

1.

What's your Identification Strategy? Innovation in Corporate Finance Research

Robert H. Smith School Research Paper
Number of pages: 47 Posted: 13 Jan 2014 Last Revised: 24 Sep 2018
Donald E. Bowen III, Laurent Frésard and Jérôme Taillard
Lehigh University, University of Lugano and Babson College
Downloads 1,803 (8,959)
Citation 2

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corporate finance, identification, technology diffusion, causality

2.
Downloads 1,538 ( 11,564)
Citation 12

Noisy Stock Prices and Corporate Investment

Rotman School of Management Working Paper No. 2707999, HEC Paris Research Paper No. FIN-2016-1127
Number of pages: 67 Posted: 26 Dec 2015 Last Revised: 10 Aug 2019
University of Toronto - Rotman School of Management, HEC Paris - Finance Department, University of Lugano and Princeton University
Downloads 1,538 (11,352)
Citation 14

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Ripple Effects of Noise on Corporate Investment

CEPR Discussion Paper No. DP11081
Number of pages: 59 Posted: 02 Feb 2016
University of Toronto - Rotman School of Management, HEC Paris - Finance Department, University of Lugano and Princeton University
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informational efficiency, investment, learning, noise

3.

How Does Corporate Investment Respond to Increased Entry Threat?

Number of pages: 59 Posted: 16 Mar 2012 Last Revised: 29 Oct 2015
Laurent Frésard and Philip Valta
University of Lugano and University of Bern
Downloads 1,328 (14,623)
Citation 12

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Corporate investment, Entry Threat, Strategic Interactions, Market Structures

4.

Innovation Activities and Integration through Vertical Acquisitions

Review of Financial Studies, Forthcoming, Swiss Finance Institute Research Paper No. 19-36
Number of pages: 79 Posted: 31 Mar 2013 Last Revised: 13 Jul 2019
Laurent Frésard, Gerard Hoberg and Gordon M. Phillips
University of Lugano, University of Southern California - Marshall School of Business - Finance and Business Economics Department and Dartmouth College - Tuck School of Business
Downloads 1,194 (17,181)
Citation 10

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Mergers and Acquisitions, Vertical Mergers, Vertical Integration

5.

The Value of Excess Cash and Corporate Governance: Evidence from U.S. Cross-listings

EFA 2007 Ljubljana Meetings Paper, Journal of Financial Economics (JFE), Forthcoming
Number of pages: 55 Posted: 22 Jan 2007 Last Revised: 10 Jun 2009
Laurent Frésard and Carolina Salva
University of Lugano and University of Neuchatel
Downloads 1,005 (22,207)
Citation 1

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International cross-listing, corporate governance, cash holdings, liquidity

6.

Financial Strength and Product Market Behavior: The Real Effects of Corporate Cash Holdings

Journal of Finance, Forthcoming
Number of pages: 55 Posted: 03 Mar 2008 Last Revised: 31 Aug 2009
Laurent Frésard
University of Lugano
Downloads 982 (22,986)
Citation 20

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Cash Holdings, Corporate Liquidity, Product Market Competition

7.

Does Firm Investment Respond to Peers' Investment?

Robert H. Smith School Research Paper No. RHS 2827803
Number of pages: 54 Posted: 23 Aug 2016 Last Revised: 21 Nov 2019
Maria Cecilia Bustamante and Laurent Frésard
University of Maryland - Department of Finance and University of Lugano
Downloads 660 (39,978)

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investment, peer effect, competition, agglomeration economies

8.
Downloads 613 ( 44,129)
Citation 4

Corporate Strategy, Conformism, and the Stock Market

HEC Paris Research Paper No. FIN-2015-1099
Number of pages: 106 Posted: 02 Aug 2015 Last Revised: 02 Apr 2018
Thierry Foucault and Laurent Frésard
HEC Paris - Finance Department and University of Lugano
Downloads 571 (47,853)
Citation 2

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Conformism, Product Differentiation, Managerial Learning, Peers, Stock Price Informativeness

Corporate Strategy, Conformism, and the Stock Market

Swiss Finance Institute Research Paper No. 18-51
Number of pages: 108 Posted: 07 Aug 2018 Last Revised: 13 Dec 2018
Thierry Foucault and Laurent Frésard
HEC Paris - Finance Department and University of Lugano
Downloads 42 (438,195)
Citation 3

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Conformism, Product Differentiation, Managerial Learning, Peers, Informational efficiency

Corporate Strategy, Conformism, and the Stock Market

CEPR Discussion Paper No. DP11073
Number of pages: 56 Posted: 02 Feb 2016
Thierry Foucault and Laurent Frésard
HEC Paris - Finance Department and University of Lugano
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Managerial Learning, Peers, Product Differentiation, Stock price Informativeness

9.

Learning from Peers' Stock Prices and Corporate Investment

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 67 Posted: 26 Jul 2012 Last Revised: 27 Aug 2013
Thierry Foucault and Laurent Frésard
HEC Paris - Finance Department and University of Lugano
Downloads 519 (54,681)
Citation 20

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Corporate Investment, Managerial Learning, Peers, Informed Trading

10.

The Revaluation of Industry Assets Following Acquisitions of Public or Private Targets

Number of pages: 57 Posted: 01 May 2017 Last Revised: 12 Jul 2019
HEC Paris - Finance Department, University of Lugano, HEC Paris (Groupe HEC), Finance Department and University of Bern
Downloads 449 (65,434)

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Merger & acquisitions; Information; Revaluation; Stock returns; Peers; Misvaluation

Extending Industry Specialization through Cross-Border Acquisitions

Number of pages: 57 Posted: 02 Aug 2014 Last Revised: 04 Nov 2016
Laurent Frésard, Ulrich Hege and Gordon M. Phillips
University of Lugano, Toulouse School of Economics and Dartmouth College - Tuck School of Business
Downloads 431 (68,080)

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Extending Industry Specialization Through Cross-Border Acquisitions

NBER Working Paper No. w22848
Number of pages: 58 Posted: 21 Nov 2016
Laurent Frésard, Ulrich Hege and Gordon M. Phillips
University of Lugano, Toulouse School of Economics and Dartmouth College - Tuck School of Business
Downloads 12 (611,607)
Citation 1

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12.

Technological Disruptive Potential and the Evolution of IPOs and Sell-Outs

Finance Down Under 2019 Building on the Best from the Cellars of Finance, Swiss Finance Institute Research Paper No. 19-22
Number of pages: 66 Posted: 25 Sep 2018 Last Revised: 05 Dec 2019
Donald E. Bowen III, Laurent Frésard and Gerard Hoberg
Lehigh University, University of Lugano and University of Southern California - Marshall School of Business - Finance and Business Economics Department
Downloads 371 (82,064)
Citation 1

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Initial Public Offerings (IPOs), Acquisitions, Sell-Outs, Technology, Disruptiveness, Venture Capital

Cross-Listing, Investment Sensitivity to Stock Price and the Learning Hypothesis

Number of pages: 59 Posted: 15 Sep 2010 Last Revised: 15 Mar 2013
Thierry Foucault and Laurent Frésard
HEC Paris - Finance Department and University of Lugano
Downloads 291 (107,026)
Citation 1

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Cross-listing, Managerial learning, Investment-to-price sensitivity, Price informativeness

Cross-Listing, Investment Sensitivity to Stock Price and the Learning Hypothesis

CEPR Discussion Paper No. DP8331
Number of pages: 58 Posted: 20 Apr 2011
Thierry Foucault and Laurent Frésard
HEC Paris - Finance Department and University of Lugano
Downloads 8 (640,425)
Citation 3
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Cross-listing, Investment-to-price sensitivity, Managerial learning, Price informativeness

14.

The Pernicious Effects of Contaminated Data in Risk Management

Number of pages: 43 Posted: 15 Jan 2010 Last Revised: 14 Mar 2013
Laurent Frésard, Christophe Perignon and Anders Vilhelmsson
University of Lugano, HEC Paris - Finance Department and Lund University - Department of Economics
Downloads 289 (108,425)
Citation 1

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Regulatory capital, proprietary trading, backtesting, value-at-risk, profit-and-loss

15.

Regulating Conflicts of Interest: The Effect of Sanctions and Enforcement

Review of Finance (Forthcoming)
Number of pages: 46 Posted: 19 Mar 2011 Last Revised: 31 Mar 2013
Michel Dubois, Laurent Frésard and Pascal Dumontier
University of Neuchatel - Institute of Financial Analysis, University of Lugano and University of Grenoble
Downloads 227 (138,884)
Citation 4

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16.

To What Extent do Cross-Listing Firms Integrate into the U.S. Environment?

Number of pages: 60 Posted: 05 Mar 2010 Last Revised: 16 Mar 2012
Carolina Salva and Laurent Frésard
University of Neuchatel and University of Lugano
Downloads 206 (152,393)
Citation 1

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Cross-listing, Valuation, Familiarity, Home Bias, Corporate Governance, International Finance, Financial Integration

Finance, Talent Allocation, and Growth

Number of pages: 61 Posted: 29 Jan 2018 Last Revised: 26 Sep 2018
Francesco D'Acunto and Laurent Frésard
Boston College and University of Lugano
Downloads 113 (252,290)

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Finance Wage Premium, Skilled Labor, Misallocation, Growth, Innovation, STEM Education, Patents, Banking Sector, Value Added, Social Value of Finance

Finance, Talent Allocation, and Growth

CESifo Working Paper Series No. 6883
Number of pages: 57 Posted: 09 Apr 2018
Francesco D'Acunto and Laurent Frésard
Boston College and University of Lugano
Downloads 33 (479,018)

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finance wage premium, skilled labor, misallocation, growth, innovation, banking sector

18.

Corporate Savings and Price Informativeness

Review of Finance, Forthcoming
Number of pages: 37 Posted: 09 Oct 2009 Last Revised: 15 Mar 2012
Laurent Frésard
University of Lugano
Downloads 109 (257,518)

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Corporate Savings, Cash Holdings, Price Informativeness, Private Information, Managerial Learning

Knowledge Cycles and Corporate Investment

Number of pages: 63 Posted: 11 Jul 2019
Maria Cecilia Bustamante, Julien Cujean and Laurent Frésard
University of Maryland - Department of Finance, University of Maryland - Robert H. Smith School of Business and University of Lugano
Downloads 80 (317,525)

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Experimentation, Exploration, Investment, Knowledge, Information Aversion, Intangibles.

Knowledge Cycles and Corporate Investment

CEPR Discussion Paper No. DP14152
Number of pages: 66 Posted: 04 Dec 2019
Maria Cecilia Bustamante, Julien Cujean and Laurent Frésard
University of Maryland - Department of Finance, University of Maryland - Robert H. Smith School of Business and University of Lugano
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Experimentation, exploration, Information Aversion, Intangibles, investment, Knowledge