Meziane Lasfer

Cass Business School, City, University of London

Professor

106 Bunhill Row

London, EC1Y 8TZ

Great Britain

http://www.cass.city.ac.uk/faculty/m.a.lasfer/

  • Cass Business School, City, University of London

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SCHOLARLY PAPERS

40

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11

CROSSREF CITATIONS

81

Scholarly Papers (40)

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1.

Managerial Ownership, Board Structure and Firm Value: The UK Evidence

Cass Business School Research Paper
Number of pages: 42 Posted: 23 Sep 1999
Mara Faccio and Meziane Lasfer
Purdue University - Krannert School of Management and Cass Business School, City, University of London
Downloads 3,709 (2,730)
Citation 1

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2.

Board Structure and Agency Costs

EFMA 2002 London Meetings, Cass Business School Research Paper
Number of pages: 47 Posted: 20 Jun 2002
Meziane Lasfer
Cass Business School, City, University of London
Downloads 1,108 (19,737)
Citation 16

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Corporate Governance; Growth opportunities, Non-executive directors; Split of roles of chairman and CEO

3.

The Trading Behaviour of UK Institutional Investors

EFMA 2001 Lugano Meetings, Cass Business School Research Paper
Number of pages: 37 Posted: 12 May 2001
Aslihan Ersoy-Bozcuk and Meziane Lasfer
City University Business School and Cass Business School, City, University of London
Downloads 684 (39,106)
Citation 2

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Institutional trading, Corporate monitoring, UK institutions

4.

Does Duality Destroy Value?

Cass Business School Research Paper
Number of pages: 30 Posted: 24 Mar 2005
Maria Carapeto, Meziane Lasfer and Katerina Machera
The London Institute of Banking & Finance, Cass Business School, City, University of London and Cass Business School - Faculty of Finance
Downloads 596 (46,987)
Citation 5

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Agency conflicts, board structure, Cadbury recommendations, combined roles of the chairman and the CEO, financial performance

5.

Why Do Companies Lease Their Real Estate Assets?

Cass Business School Research Paper
Number of pages: 37 Posted: 06 Mar 2005
Meziane Lasfer
Cass Business School, City, University of London
Downloads 530 (54,586)

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Leasing, leverage, taxes, agency costs, financing

6.

IPO Lockup Arrangements and Trading by Insiders

Downloads 505 ( 57,966)
Citation 2

IPO Lockup Arrangements and Trading by Insiders

EFA 2009 Bergen Meetings Paper
Number of pages: 58 Posted: 17 Feb 2009 Last Revised: 19 Jun 2009
Hafiz Hoque and Meziane Lasfer
University of York and Cass Business School, City, University of London
Downloads 280 (114,001)
Citation 1

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Initial public Offering, Lockup, insider trades, information asymmetry, London Stock Exchange.

Insider Trading Before IPO Lockup Expiry Dates: The UK Evidence

Number of pages: 45 Posted: 17 Mar 2009
Hafiz Hoque and Meziane Lasfer
University of York and Cass Business School, City, University of London
Downloads 225 (142,608)
Citation 1

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Initial public Offering, Lockup, insider trades, information asymmetry, London Stock Exchange

7.

The Tax Impact on the Ex-Dividend Dates: Evidence from European Firms

EFA 2003 Annual Conference Paper No. 885, Cass Business School Research Paper
Number of pages: 49 Posted: 19 Jul 2003
Maria P. Zenonos and Meziane Lasfer
City University London - Faculty of Finance and Cass Business School, City, University of London
Downloads 479 (61,874)
Citation 3

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Income and capital gains taxes in Europe, Ex-day pricing, Short-term trading

8.

Why Do Corporate Insiders Trade? The UK Evidence

Data Not Availalbe, Cass Business School Research Paper
Number of pages: 48 Posted: 28 Apr 2003
Eva Gonzalez Calvo and Meziane Lasfer
Universidad Autonoma de Madrid and Cass Business School, City, University of London
Downloads 474 (62,701)
Citation 1

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Insider trading, Disclosure timing, Private information

9.

The Market Valuation of Share Repurchases in Europe. A Cross Country Analysis

Journal of Banking and Finance, Vol. 55, 2015
Number of pages: 39 Posted: 28 Jan 2009 Last Revised: 17 Jan 2019
Meziane Lasfer and Dimitris Andriosopoulos
Cass Business School, City, University of London and Strathclyde Business School
Downloads 325 (97,467)
Citation 2

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Share repurchases, information asymmetry, undervaluation, ownership structure, regulatory frameworks

10.

Does Cross-Listing Mitigate Insider Trading?

Number of pages: 48 Posted: 17 Mar 2008
Adriana Korczak and Meziane Lasfer
University of Bristol - School of Economics, Finance and Management and Cass Business School, City, University of London
Downloads 312 (102,003)

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Legal and reputational bonding, directors' trades, international cross-listing, information asymmetry

11.

Insider Trading and the Long-Run Performance of IPOs

Number of pages: 62 Posted: 19 Mar 2010
Hafiz Hoque and Meziane Lasfer
University of York and Cass Business School, City, University of London
Downloads 263 (122,341)

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Long run IPO performance, insider trades, London Stock Exchange, market timing

12.

The Impact of Taxation on Dividends: A Cross-Country Analysis

Number of pages: 42 Posted: 17 Feb 2009 Last Revised: 24 Jun 2012
Mohammed Alzahrani and Meziane Lasfer
King Fahd University of Petroleum & Minerals and Cass Business School, City, University of London
Downloads 258 (124,933)
Citation 1

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Payout Policy, Double Taxation, OECD, Personal Income Tax, Imputation System, Integration System

13.

Why Do Companies Include Warrants in Seos: The Case of French Unit Offerings

Journal of Corporate Finance, Vol. 13, No. 25-42, 2007
Number of pages: 40 Posted: 24 Nov 2003 Last Revised: 17 Jun 2015
Jean-Francois Gajewski, Meziane Lasfer and Edith Ginglinger
University Savoie Mont-Blanc, IREGE, Cass Business School, City, University of London and Université Paris-Dauphine, PSL Research University
Downloads 245 (131,635)
Citation 1

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Equity issuance, Flotation method, Units offerings, Warrants

14.

To Trade or Not to Trade: The Strategic Trading of Insiders around News Announcements

Downloads 244 (132,174)
Citation 11

To Trade or Not to Trade: The Strategic Trading of Insiders around News Announcements

Journal of Business Finance and Accounting, Forthcoming
Number of pages: 58 Posted: 31 Mar 2009 Last Revised: 01 Dec 2009
Adriana Korczak, Piotr Korczak and Meziane Lasfer
University of Bristol - School of Economics, Finance and Management, University of Bristol - Department of Finance and Accounting and Cass Business School, City, University of London
Downloads 242 (132,706)
Citation 2

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Insider trading, Information disclosure, Regulation, Information asymmetries

To Trade or Not to Trade: The Strategic Trading of Insiders Around News Announcements

Journal of Business Finance & Accounting, Vol. 37, Issue 3-4, pp. 369-407, April/May 2010
Number of pages: 39 Posted: 12 May 2010
Adriana Korczak, Piotr Korczak and Meziane Lasfer
University of Bristol - School of Economics, Finance and Management, University of Bristol - Department of Finance and Accounting and Cass Business School, City, University of London
Downloads 2 (702,451)
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15.

Corporate Financial Distress and Recovery: The UK Evidence

Number of pages: 41 Posted: 08 Nov 2010
Meziane Lasfer and laxmi Remer
Cass Business School, City, University of London and City University London - Sir John Cass Business School
Downloads 242 (133,269)

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Financial Distress, Recovery Strategies, Financial Performance

16.

Taxes and Ex-Day Returns: Evidence from UK and Continental Europe

Number of pages: 48 Posted: 02 Mar 2007
Meziane Lasfer
Cass Business School, City, University of London
Downloads 204 (156,982)
Citation 1

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Income and capital gains taxes in Europe, Ex-day pricing, Short-term trading, market microstructure.

17.

Investor Protection, Taxation, and Dividends

Journal of Corporate Finance, Forthcoming
Number of pages: 51 Posted: 12 Jun 2012 Last Revised: 24 Jun 2012
Mohammed Alzahrani and Meziane Lasfer
King Fahd University of Petroleum & Minerals and Cass Business School, City, University of London
Downloads 190 (167,590)

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Shareholder rights, Dividend policy, Dividend taxation, Agency costs

18.

Shareholder Groups and Corporate Monitoring: The UK Evidence

European Financial Management Association (EFMA), Athens Meetings, Session 0028, Corporate Governance, 2000
Number of pages: 46 Posted: 28 Jan 2007
Aslihan Ersoy-Bozcuk and Meziane Lasfer
City University Business School and Cass Business School, City, University of London
Downloads 163 (191,741)
Citation 1

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Corporate governance, Pension funds, Board structure, Performance

19.

Market Behaviour of Foreign Versus Domestic Investors Following a Period of Stressful Circumstances

Number of pages: 45 Posted: 22 Mar 2007
Meziane Lasfer, Sharon Lin and Yaz Gulnur Muradoglu
Cass Business School, City, University of London, City University London - Sir John Cass Business School and Queen Mary University of London
Downloads 138 (220,201)

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Efficient Markets, Market Stress, Overreaction, Momentum, Optimism

20.

Active Catering to Dividend Clienteles: Evidence from Takeovers

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 57 Posted: 09 Aug 2018 Last Revised: 29 Dec 2019
Andrey Golubov, Meziane Lasfer and Valeriya Vitkova
University of Toronto - Rotman School of Management, Cass Business School, City, University of London and City University London - Sir John Cass Business School
Downloads 136 (222,731)

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Dividend Policy, Mergers and Acquisitions, Clientele Effect

21.

Why Do Directors Change Their Ownership During IPO Lockup Arrangements?

Number of pages: 45 Posted: 14 May 2014
Meziane Lasfer and Hafiz Hoque
Cass Business School, City, University of London and University of York
Downloads 103 (273,113)

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Initial public offering, Lockup agreements, Director ownership, Information asymmetry, London Stock Exchange

22.

The Performance of Acquisitions by High Default Risk Bidders

Journal of Banking and Finance, Forthcoming
Number of pages: 56 Posted: 25 Jan 2019
Evy Bruyland, Meziane Lasfer, Wouter De Maeseneire and Wei Song
Ghent University, Cass Business School, City, University of London, Vlerick Business School and Swansea University - School of Management
Downloads 56 (387,323)

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Mergers and Acquisitions, High Default Risk Bidders, Long-Term Performance, Short-Term Market Reaction, Agency Conflicts, Distress

23.

Geographic Location, Excess Control Rights, and Cash Holdings

International Review of Financial Analysis, Forthcoming
Number of pages: 46 Posted: 30 Aug 2016 Last Revised: 02 Sep 2016
Sabri Boubaker, Imen Derouiche and Meziane Lasfer
University Paris-Est Créteil (UPEC) - Institut de Recherche en Gestion, University of Luxembourg, unité de recherche CREA and Cass Business School, City, University of London
Downloads 44 (429,707)

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Geography; Firm location; Excess control rights; Cash holdings

24.

Taxes, Governance, and Debt Maturity Structure: International Evidence

Journal of International Financial Markets, Institutions and Money, Forthcoming
Number of pages: 48 Posted: 31 Oct 2018 Last Revised: 08 Nov 2018
Eilnaz Kashefi-Pour and Meziane Lasfer
University of Birmingham - Birmingham Business School and Cass Business School, City, University of London
Downloads 42 (437,461)

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Debt Maturity, Debt Overhang, Risk-Shifting, Signalling, Classical and Imputation Tax Systems

25.

Book Reviews

Corporate Governance: An International Review, Vol. 12, No. 4, pp. 567-574, October 2004
Number of pages: 8 Posted: 21 Nov 2004
Allen Sykes, Meziane Lasfer, James J. Keenan and S. B. Dahiya
Independent, Cass Business School, City, University of London, Fairfield University and Institute of Development Studies
Downloads 31 (485,622)
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26.

Discussion of Separation of Ownership from Control and Acquiring Firm Performance: The Case of Family Ownership in Canada

Journal of Business Finance & Accounting, Vol. 33, Issue 3-4, pp. 544-549, April 2006
Number of pages: 6 Posted: 25 May 2006
Meziane Lasfer
Cass Business School, City, University of London
Downloads 27 (506,509)
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27.

The Interrelationship between Managerial Ownership and Board Structure

Journal of Business Finance & Accounting, Vol. 33, No. 7-8, pp. 1006-1033, September/October 2006
Number of pages: 28 Posted: 03 Oct 2006
Meziane Lasfer
Cass Business School, City, University of London
Downloads 26 (512,130)
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28.

Why Do Companies Pay Stock Dividends? The Case of Bonus Distributions in an Inflationary Environment

Downloads 21 (541,645)
Citation 5

Why Do Companies Pay Stock Dividends? The Case of Bonus Distributions in an Inflationary Environment

Journal of Business Finance & Accounting, Vol. 38, No. 5‐6, pp. 601-627, 2011
Number of pages: 44 Posted: 12 Jul 2011 Last Revised: 01 Mar 2017
Cahit Adaoglu and Meziane Lasfer
Eastern Mediterranean University - Department of Banking and Finance and Cass Business School, City, University of London
Downloads 18 (580,391)

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bonus distributions, bonus shares, stock dividends, paid‐in capital, signaling, retained earnings, liquidity, attention‐getting

Why Do Companies Pay Stock Dividends? The Case of Bonus Distributions in an Inflationary Environment

Journal of Business Finance & Accounting, Vol. 38, Issue 5‐6, pp. 601-627, 2011
Number of pages: 27 Posted: 07 Jul 2011
Cahit Adaoglu and Meziane Lasfer
Eastern Mediterranean University - Department of Banking and Finance and Cass Business School, City, University of London
Downloads 3 (691,599)
Citation 1
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bonus distributions, bonus shares, stock dividends, paid‐in capital, signaling, retained earnings, liquidity, attention‐getting

29.

Directors' Dealing and Post‐IPO Performance

European Financial Management, Vol. 21, Issue 1, pp. 178-204, 2015
Number of pages: 27 Posted: 29 Jan 2015
Hafiz Hoque and Meziane Lasfer
University of York and Cass Business School, City, University of London
Downloads 0 (700,186)
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long run IPO performance, insider trades, London Stock Exchange, market timing

30.

Why Do Companies De-List Voluntarily from the Stock Market?

Journal of Banking and Finance, Forthcoming
Posted: 06 Sep 2013
Meziane Lasfer and Eilnaz Kashefi-Pour
Cass Business School, City, University of London and University of Birmingham - Birmingham Business School

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small firms, AIM, London Stock Exchange, leverage, de-listing, IPO

31.

The Determinants of Capital Structure Across Firms’ Sizes: The U.K Main and AIM Markets Evidence

Posted: 22 Sep 2010
Eilnaz Kashefi-Pour, Meziane Lasfer and Maria Carapeto
University of Birmingham - Birmingham Business School, Cass Business School, City, University of London and The London Institute of Banking & Finance

Abstract:

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Capital Structure, Trade-Off Theory, Pecking Order Theory, Partial Adjustment Model, Dynamic Panel Data

32.

Taxes and Ex-Day Returns: Evidence from Germany and the U.K.

National Tax Journal, Forthcoming
Posted: 23 Jan 2009
Meziane Lasfer
Cass Business School, City, University of London

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Income and capital gains taxes in Germany and the U.K., Ex-day pricing, Short-term trading, market microstructure

33.

Changes in Block Ownership in the London Stock Exchange

International Journal of Business, Vol. 13, No. 1, 2008
Posted: 10 Jun 2008
Aslihan Bozcuk and Meziane Lasfer
Bond University, Australia and Cass Business School, City, University of London

Abstract:

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Corporate governance; Ownership structure; Managerial ownership

34.

Why Do Companies Include Warrants in Seasoned Equity Offerings?

Journal of Corporate Finance, Forthcoming, Cass Business School Research Paper
Posted: 05 Nov 2006
Jean-Francois Gajewski, Meziane Lasfer and Edith Ginglinger
University Savoie Mont-Blanc, IREGE, Cass Business School, City, University of London and Université Paris-Dauphine, PSL Research University

Abstract:

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Equity issue, Flotation method, Unit offerings, Warrants

35.

Short Term Reaction of Stock Markets in Stressful Circumstances

Cass Business School Research Paper
Posted: 13 Jun 2001
Dylan C. Thomas, Meziane Lasfer and Arie Melnik
Queen Mary Unversity of London, Cass Business School, City, University of London and University of Haifa - Department of Economics

Abstract:

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Efficient markets, market dtress, overreaction

36.

Do Occupational Pension Funds Monitor Companies in Which They Hold Large Stakes?

Journal of Corporate Finance, Vol. 6, No. 1, March 2000, Cass Business School Research Paper
Posted: 21 Mar 2001
Mara Faccio and Meziane Lasfer
Purdue University - Krannert School of Management and Cass Business School, City, University of London

Abstract:

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Orate governance, pension funds, board structure, performance

37.

Ex-Day Behaviour: Tax or Short-Term Trading Effects

Cass Business School Research Paper
Posted: 04 Nov 1998
Meziane Lasfer
Cass Business School, City, University of London

Abstract:

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38.

Agency Costs, Taxes and Debt: The UK Evidence

EUROPEAN FINANCIAL MANAGEMENT JOURNAL, Cass Business School Research Paper
Posted: 10 Oct 1998
Meziane Lasfer
Cass Business School, City, University of London

Abstract:

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39.

The Determinants of Leasing Decisions of Small and Large Companies

European Financial Management, Vol. 4 No. 2, July 1998, Cass Business School Research Paper
Posted: 06 Mar 1998
Mario Levis and Meziane Lasfer
City University London - Cass Business School and Cass Business School, City, University of London

Abstract:

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40.

Scrip Dividends: The Management's View

EUROPEAN FINANCIAL MANAGEMENT, Vol. 3 No. 2, 1997, Cass Business School Research Paper
Posted: 14 Oct 1996
Meziane Lasfer
Cass Business School, City, University of London

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