Meziane Lasfer

City University London - Sir John Cass Business School

Professor

106 Bunhill Row

London, EC1Y 8TZ

Great Britain

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

SCHOLARLY PAPERS

37

DOWNLOADS
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10,164

CITATIONS
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Top 5,520

in Total Papers Citations

93

Scholarly Papers (37)

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 City University London - Sir John Cass Business School
Downloads 3,065 (2,251)
Citation 32

Abstract:

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
City University London - Sir John Cass Business School
Downloads 1,025 (15,723)
Citation 8

Abstract:

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 City University London - Sir John Cass Business School
Downloads 652 (31,204)

Abstract:

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
City University London - Cass Business School - Faculty of Finance, City University London - Sir John Cass Business School and Cass Business School - Faculty of Finance
Downloads 523 (39,005)
Citation 3

Abstract:

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

5.
Downloads 461 ( 50,928)
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 City University London - Sir John Cass Business School
Downloads 254 (100,800)
Citation 2

Abstract:

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 City University London - Sir John Cass Business School
Downloads 207 (124,025)
Citation 2

Abstract:

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

6.

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 City University London - Sir John Cass Business School
Downloads 448 (50,400)
Citation 3

Abstract:

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

7.

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 City University London - Sir John Cass Business School
Downloads 442 (50,246)
Citation 1

Abstract:

Insider trading, Disclosure timing, Private information

8.

Why do Companies Lease their Real Estate Assets?

Cass Business School Research Paper
Number of pages: 37 Posted: 06 Mar 2005
Meziane Lasfer
City University London - Sir John Cass Business School
Downloads 395 (51,208)

Abstract:

Leasing, leverage, taxes, agency costs, financing

9.

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 City University London - Sir John Cass Business School
Downloads 284 (84,845)
Citation 2

Abstract:

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

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 City University London - Sir John Cass Business School
Downloads 236 (108,875)
Citation 3

Abstract:

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 City University London - Sir John Cass Business School
Downloads 2 (572,193)
Citation 3
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Abstract:

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 City University London - Sir John Cass Business School
Downloads 229 (103,913)

Abstract:

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

12.

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
University Savoie Mont-Blanc, IREGE, City University London - Sir John Cass Business School and Université Paris Dauphine
Downloads 218 (111,723)

Abstract:

Equity issuance, Flotation method, Units offerings, Warrants

13.

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

Number of pages: 48 Posted: 02 Mar 2007
Meziane Lasfer
City University London - Sir John Cass Business School
Downloads 178 (130,299)
Citation 16

Abstract:

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

14.

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 City University London - Sir John Cass Business School
Downloads 174 (116,687)
Citation 1

Abstract:

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

15.

Corporate Financial Distress and Recovery: The UK Evidence

Number of pages: 41 Posted: 08 Nov 2010
Meziane Lasfer and laxmi Remer
City University London - Sir John Cass Business School and City University London - Sir John Cass Business School
Downloads 169 (122,146)

Abstract:

Financial Distress, Recovery Strategies, Financial Performance

16.

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 City University London - Sir John Cass Business School
Downloads 152 (157,175)

Abstract:

Corporate governance, Pension funds, Board structure, Performance

17.

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
City University London - Sir John Cass Business School, City University London - Sir John Cass Business School and Queen Mary University of London
Downloads 129 (177,858)

Abstract:

Efficient Markets, Market Stress, Overreaction, Momentum, Optimism

18.

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 City University London - Sir John Cass Business School
Downloads 121 (158,850)
Citation 3

Abstract:

Shareholder rights, Dividend policy, Dividend taxation, Agency costs

19.

Why Do Directors Change Their Ownership During IPO Lockup Arrangements?

Number of pages: 45 Posted: 14 May 2014
Meziane Lasfer and Hafiz Hoque
City University London - Sir John Cass Business School and University of York
Downloads 65 (241,052)

Abstract:

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

20.

Book Reviews

Corporate Governance: An International Review, Vol. 12, No. 4, pp. 567-574, October 2004
Number of pages: 8 Posted: 21 Nov 2004
Independent, City University London - Sir John Cass Business School, Fairfield University and Institute of Development Studies
Downloads 30 (399,224)
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Abstract:

21.

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
City University London - Sir John Cass Business School
Downloads 27 (416,876)
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Abstract:

22.

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
City University London - Sir John Cass Business School
Downloads 26 (421,716)
Citation 19
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Abstract:

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 City University London - Sir John Cass Business School
Downloads 3 (563,791)
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Abstract:

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, 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 City University London - Sir John Cass Business School
Downloads 3 (563,791)

Abstract:

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

24.

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
Champagne School of Management (Groupe Esc Troyes), University of Luxembourg, unité de recherche CREA and City University London - Sir John Cass Business School
Downloads 0 (436,745)

Abstract:

Geography; Firm location; Excess control rights; Cash holdings

25.

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 City University London - Sir John Cass Business School
Downloads 0 (569,388)
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Abstract:

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

26.

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
City University London - Sir John Cass Business School and University of Birmingham - Birmingham Business School

Abstract:

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

27.

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, City University London - Sir John Cass Business School and City University London - Cass Business School - Faculty of Finance

Abstract:

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

28.

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

Number of pages: 39 Posted: 28 Jan 2009 Last Revised: 31 Aug 2017
Meziane Lasfer and Dimitris Andriosopoulos
City University London - Sir John Cass Business School and University of Strathclyde - Department of Accounting and Finance
Downloads 0 (90,603)
Citation 1

Abstract:

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

29.

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

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

Abstract:

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

30.

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
Akdeniz Univerisity IIBF and City University London - Sir John Cass Business School

Abstract:

Corporate governance; Ownership structure; Managerial ownership

31.

Why do Companies Include Warrants in Seasoned Equity Offerings?

Journal of Corporate Finance, Forthcoming, Cass Business School Research Paper
Posted: 05 Nov 2006
University Savoie Mont-Blanc, IREGE, City University London - Sir John Cass Business School and Université Paris Dauphine

Abstract:

Equity issue, Flotation method, Unit offerings, Warrants

32.

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, City University London - Sir John Cass Business School and University of Haifa - Department of Economics

Abstract:

Efficient markets, market dtress, overreaction

33.

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 City University London - Sir John Cass Business School

Abstract:

Orate governance, pension funds, board structure, performance

34.

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

Cass Business School Research Paper
Posted: 04 Nov 1998
Meziane Lasfer
City University London - Sir John Cass Business School

Abstract:

35.

Agency Costs, Taxes and Debt: The UK Evidence

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

Abstract:

36.

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 City University London - Sir John Cass Business School

Abstract:

37.

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
City University London - Sir John Cass Business School

Abstract: