Laurent Frésard

Universita della Svizzera italiana (USI 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

18

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11,255

CITATIONS
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Top 8,402

in Total Papers Citations

54

Scholarly Papers (18)

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
Virginia Tech - Department of Finance, Insurance, and Business Law, Universita della Svizzera italiana (USI Lugano) and Babson College
Downloads 1,742 (8,811)

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corporate finance, identification, technology diffusion, causality

2.
Downloads 1,371 ( 13,020)
Citation 2

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: 16 Feb 2018
University of Toronto - Rotman School of Management, HEC Paris - Finance Department, Universita della Svizzera italiana (USI Lugano) and Princeton University
Downloads 1,371 (12,759)
Citation 2

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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, Universita della Svizzera italiana (USI Lugano) and Princeton University
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Citation 2
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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
Universita della Svizzera italiana (USI Lugano) and University of Bern
Downloads 1,300 (14,125)
Citation 3

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Corporate investment, Entry Threat, Strategic Interactions, Market Structures

4.

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
Universita della Svizzera italiana (USI Lugano) and University of Neuchatel
Downloads 993 (21,281)
Citation 9

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

5.

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
Universita della Svizzera italiana (USI Lugano)
Downloads 949 (22,706)
Citation 26

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Cash Holdings, Corporate Liquidity, Product Market Competition

6.

Innovation Activities and Integration through Vertical Acquisitions

Number of pages: 77 Posted: 31 Mar 2013 Last Revised: 08 May 2019
Laurent Frésard, Gerard Hoberg and Gordon M. Phillips
Universita della Svizzera italiana (USI Lugano), University of Southern California - Marshall School of Business - Finance and Business Economics Department and Dartmouth College - Tuck School of Business
Downloads 935 (23,186)

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Mergers and Acquisitions, Vertical Mergers, Vertical Integration

7.

Does Firm Investment Respond to Peers' Investment?

Robert H. Smith School Research Paper No. RHS 2827803
Number of pages: 60 Posted: 23 Aug 2016 Last Revised: 02 Jan 2018
Maria Cecilia Bustamante and Laurent Frésard
University of Maryland - Department of Finance and Universita della Svizzera italiana (USI Lugano)
Downloads 586 (44,158)

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investment, peer effect, competition, agglomeration economies

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 Universita della Svizzera italiana (USI Lugano)
Downloads 535 (48,969)

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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 Universita della Svizzera italiana (USI Lugano)
Downloads 39 (427,526)

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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 Universita della Svizzera italiana (USI 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 Universita della Svizzera italiana (USI Lugano)
Downloads 488 (55,682)
Citation 2

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Corporate Investment, Managerial Learning, Peers, Informed Trading

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
Universita della Svizzera italiana (USI Lugano), Toulouse School of Economics and Dartmouth College - Tuck School of Business
Downloads 423 (65,759)

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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
Universita della Svizzera italiana (USI Lugano), Toulouse School of Economics and Dartmouth College - Tuck School of Business
Downloads 8 (604,421)

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11.

The Negative Effects of Mergers and Acquisitions on the Value of Rivals

HEC Paris Research Paper No. FIN-2017-1204
Number of pages: 53 Posted: 01 May 2017 Last Revised: 04 Oct 2017
HEC Paris - Finance Department, Universita della Svizzera italiana (USI Lugano), HEC Paris (Groupe HEC), Finance Department and University of Bern
Downloads 399 (71,179)

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M&As

12.

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
Universita della Svizzera italiana (USI Lugano), HEC Paris - Finance Department and Lund University - Department of Economics
Downloads 288 (102,910)
Citation 3

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

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 Universita della Svizzera italiana (USI Lugano)
Downloads 278 (106,287)
Citation 5

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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 Universita della Svizzera italiana (USI Lugano)
Downloads 8 (604,421)
Citation 5
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Cross-listing, Investment-to-price sensitivity, Managerial learning, Price informativeness

14.

Technological Disruptiveness 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: 11 Apr 2019
Donald E. Bowen III, Laurent Frésard and Gerard Hoberg
Virginia Tech - Department of Finance, Insurance, and Business Law, Universita della Svizzera italiana (USI Lugano) and University of Southern California - Marshall School of Business - Finance and Business Economics Department
Downloads 249 (119,850)

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

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, Universita della Svizzera italiana (USI Lugano) and University of Grenoble
Downloads 223 (133,808)

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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 Universita della Svizzera italiana (USI Lugano)
Downloads 203 (146,327)
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 Universita della Svizzera italiana (USI Lugano)
Downloads 98 (264,609)

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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 Universita della Svizzera italiana (USI Lugano)
Downloads 31 (463,434)

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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
Universita della Svizzera italiana (USI Lugano)
Downloads 109 (244,349)
Citation 2

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