Laurent Frésard

University of Maryland - Robert H. Smith School of Business

College Park, MD 20742-1815

United States

SCHOLARLY PAPERS

15

DOWNLOADS
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7,657

CITATIONS
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SSRN RANKINGS

Top 8,889

in Total Papers Citations

50

Scholarly Papers (15)

1.

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 Maryland - Robert H. Smith School of Business and University of Bern
Downloads 1,113 (13,790)
Citation 3

Abstract:

Corporate investment, Entry Threat, Strategic Interactions, Market Structures

2.

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 Maryland - Robert H. Smith School of Business and University of Neuchatel
Downloads 866 (18,093)
Citation 9

Abstract:

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

3.

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: 29 Oct 2015
Donald E. Bowen III, Laurent Frésard and Jérôme Taillard
University of Maryland, Robert H. Smith School of Business, Students, University of Maryland - Robert H. Smith School of Business and Babson College
Downloads 823 (10,254)

Abstract:

4.

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 Maryland - Robert H. Smith School of Business
Downloads 745 (21,107)
Citation 23

Abstract:

Cash Holdings, Corporate Liquidity, Product Market Competition

Ripple Effects of Noise on Corporate Investment

Rotman School of Management Working Paper No. 2707999, HEC Paris Research Paper No. FIN-2016-1127
Number of pages: 64 Posted: 26 Dec 2015 Last Revised: 16 Dec 2016
University of Toronto - Rotman School of Management, HEC Paris - Finance Department, University of Maryland - Robert H. Smith School of Business and Princeton University
Downloads 632 (31,211)

Abstract:

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 Maryland - Robert H. Smith School of Business and Princeton University
Downloads 0

Abstract:

informational efficiency, investment, learning, noise

6.

Innovation Activities and the Incentives for Vertical Acquisitions and Integration

Number of pages: 60 Posted: 31 Mar 2013 Last Revised: 15 Feb 2016
Laurent Frésard, Gerard Hoberg and Gordon M. Phillips
University of Maryland - Robert H. Smith School of Business, University of Southern California - Marshall School of Business and Tuck School of Business at Dartmouth
Downloads 386 (31,550)
Citation 2

Abstract:

Mergers and Acquisitions, Vertical Mergers, Vertical Integration

7.

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 Maryland - Robert H. Smith School of Business
Downloads 338 (57,524)

Abstract:

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
University of Maryland - Robert H. Smith School of Business, Toulouse School of Economics and Tuck School of Business at Dartmouth
Downloads 326 (71,320)

Abstract:

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 Maryland - Robert H. Smith School of Business, Toulouse School of Economics and Tuck School of Business at Dartmouth
Downloads 4 (528,857)

Abstract:

Corporate Strategy, Conformism, and the Stock Market

HEC Paris Research Paper No. FIN-2015-1099
Number of pages: 54 Posted: 02 Aug 2015 Last Revised: 19 Jan 2016
Thierry Foucault and Laurent Frésard
HEC Paris - Finance Department and University of Maryland - Robert H. Smith School of Business
Downloads 301 (77,958)

Abstract:

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 Maryland - Robert H. Smith School of Business
Downloads 0

Abstract:

Managerial Learning, Peers, Product Differentiation, Stock price Informativeness

10.

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 Wilhelmsson
University of Maryland - Robert H. Smith School of Business, HEC Paris - Finance Department and Lund University - Department of Economics
Downloads 259 (87,541)
Citation 3

Abstract:

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 University of Maryland - Robert H. Smith School of Business
Downloads 241 (99,426)
Citation 6

Abstract:

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 Maryland - Robert H. Smith School of Business
Downloads 8 (508,239)
Citation 6

Abstract:

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

12.

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 Maryland - Robert H. Smith School of Business
Downloads 170 (129,220)
Citation 1

Abstract:

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

13.

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 Maryland - Robert H. Smith School of Business and University of Grenoble
Downloads 167 (127,910)

Abstract:

14.

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 Maryland - Robert H. Smith School of Business
Downloads 71 (227,571)
Citation 2

Abstract:

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

15.

Does Firm Investment Respond to Peers' Investment?

Robert H. Smith School Research Paper No. RHS 2827803
Number of pages: 53 Posted: 23 Aug 2016 Last Revised: 25 Jan 2017
Maria Cecilia Bustamante and Laurent Frésard
University of Maryland - Department of Finance and University of Maryland - Robert H. Smith School of Business
Downloads 0 (148,778)

Abstract:

investment, peer effect, competition, agglomeration economies