Jan Bena

University of British Columbia - Sauder School of Business

Associate Professor

2053 Main Mall

Vancouver, BC V6T 1Z2

Canada

http://www.janbena.com

SCHOLARLY PAPERS

20

DOWNLOADS

10,694

SSRN CITATIONS

725

CROSSREF CITATIONS

27

Scholarly Papers (20)

1.
Downloads 2,318 (11,958)
Citation 195

Corporate Innovations and Mergers and Acquisitions

Journal of Finance, Forthcoming
Number of pages: 78 Posted: 26 Aug 2011 Last Revised: 06 Nov 2014
Jan Bena and Kai Li
University of British Columbia - Sauder School of Business and University of British Columbia (UBC) - Sauder School of Business
Downloads 1,196 (32,451)
Citation 40

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Innovation, mergers and acquisitions, R&D expenses, patents, synergies, technological overlap

Corporate Innovations and Mergers and Acquisitions

AFA 2012 Chicago Meetings Paper
Number of pages: 66 Posted: 18 Dec 2010 Last Revised: 29 Jul 2014
Jan Bena and Kai Li
University of British Columbia - Sauder School of Business and University of British Columbia (UBC) - Sauder School of Business
Downloads 1,122 (35,458)
Citation 173

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Asset complementarities, innovation, mergers and acquisitions, synergies, technological overlaps

2.

Machines Could Not Compete with Chinese Labor: Evidence from U.S. Firms’ Innovation

Number of pages: 116 Posted: 02 Jun 2015 Last Revised: 18 Oct 2023
Jan Bena and Elena Simintzi
University of British Columbia - Sauder School of Business and Centre for Economic Policy Research (CEPR)
Downloads 1,621 (20,935)
Citation 3

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process innovation, technological change, labor, China

Are Foreign Investors Locusts? The Long-Term Effects of Foreign Institutional Ownership

Journal of Financial Economics (JFE), Forthcoming, Darden Business School Working Paper No. 2860849
Number of pages: 82 Posted: 29 Oct 2016
University of British Columbia - Sauder School of Business, Nova School of Business and Economics, University of Virginia - Darden School of Business and Nova School of Business and Economics
Downloads 776 (59,322)
Citation 9

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Innovation, Institutional ownership, Investment, Monitoring, Patents

Are Foreign Investors Locusts? The Long-Term Effects of Foreign Institutional Ownership

European Corporate Governance Institute (ECGI) - Finance Working Paper No. 468/2016, Darden Business School Working Paper No. 2640045
Number of pages: 81 Posted: 06 Aug 2015 Last Revised: 21 Dec 2016
University of British Columbia - Sauder School of Business, Nova School of Business and Economics, University of Virginia - Darden School of Business and Nova School of Business and Economics
Downloads 659 (73,386)
Citation 110

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Corporate innovation, R&D, Patents, Institutional ownership, Financial globalization, Monitoring, Short-termism

4.

Shielding Firm Value: Employment Protection and Process Innovation

Number of pages: 82 Posted: 14 Aug 2018 Last Revised: 11 Aug 2021
University of British Columbia - Sauder School of Business, University of British Columbia (UBC) - Sauder School of Business and Centre for Economic Policy Research (CEPR)
Downloads 917 (47,883)
Citation 27

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Process innovation, Knowledge capital, Labor market frictions, Wrongful discharge laws

5.

Competition and Ownership Structure of Closely-Held Firms

Review of Financial Studies (2017)
Number of pages: 86 Posted: 18 Nov 2013 Last Revised: 07 Feb 2018
Jan Bena and Ting Xu
University of British Columbia - Sauder School of Business and University of Toronto, Rotman School of Management
Downloads 868 (51,725)
Citation 2

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Ownership structure, closely-held firms, inside ownership, ownership concentration, product market competition, corporate governance

The International Propagation of Economic Downturns Through Multinational Companies: The Real Economy Channel

Fisher College of Business Working Paper No. 2017-03-011, Charles A. Dice Center Working Paper No. 2017-11, Journal of Financial Economics (JFE), Forthcoming
Number of pages: 82 Posted: 03 May 2017 Last Revised: 03 Nov 2021
Jan Bena, Serdar Dinc and Isil Erel
University of British Columbia - Sauder School of Business, Rutgers University and Ohio State University (OSU) - Department of Finance
Downloads 609 (81,098)
Citation 1

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Propagation, Contagion, Real Economy Channel, Investment, MNC

The International Propagation of Economic Downturns Through Multinational Companies: The Real Economy Channel

NBER Working Paper No. w27873
Number of pages: 105 Posted: 28 Sep 2020 Last Revised: 10 Jul 2023
Jan Bena, Serdar Dinc and Isil Erel
University of British Columbia - Sauder School of Business, Rutgers University and Ohio State University (OSU) - Department of Finance
Downloads 19 (984,060)
Citation 18

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7.

Patent Intensity, Firm Life-Cycle Dynamics and the Pricing of Technological Innovators

Proceedings of the EUROFIDAI-ESSEC Paris December Finance Meeting 2023
Number of pages: 80 Posted: 27 Sep 2022 Last Revised: 11 Jan 2024
University of British Columbia - Sauder School of Business, University of British Columbia (UBC) - Sauder School of Business, Said Business School, University of Oxford and University of British Columbia (UBC) - Sauder School of Business
Downloads 385 (142,529)

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Technological innovation, patent intensity, stock returns, firm life-cycle, risk dynamics

8.

Owner Culture and Pay Inequality within Firms

Number of pages: 66 Posted: 08 Apr 2022 Last Revised: 01 May 2023
Iris Wang, Jan Bena and Guangli Lu
University of British Columbia (UBC) - Sauder School of Business, University of British Columbia - Sauder School of Business and Chinese University of Hong Kong, Shenzhen
Downloads 378 (145,555)

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national culture, pay inequality, individualism, immigration

9.

Financing the Global Shift to Electric Mobility

Jacobs Levy Equity Management Center for Quantitative Financial Research Paper
Number of pages: 76 Posted: 02 Aug 2023 Last Revised: 27 Mar 2024
Jan Bena, Bo Bian and Huan Tang
University of British Columbia - Sauder School of Business, University of British Columbia and University of Pennsylvania - The Wharton School
Downloads 339 (163,985)

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Green financing, Car loans, Electric vehicle, Electric vehicle battery, Carbon-transition risk, Technological risk, Technological obsolescence

10.

Pyramidal Ownership and the Creation of New Firms

Number of pages: 69 Posted: 23 Sep 2010 Last Revised: 05 Sep 2012
Jan Bena and Hernan Ortiz-Molina
University of British Columbia - Sauder School of Business and University of British Columbia (UBC) - Sauder School of Business
Downloads 300 (186,690)
Citation 2

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Ownership pyramids, Parent companies, Startups, New firms, Access to capital

11.

Corporate Innovation and Returns

Number of pages: 59 Posted: 28 Oct 2019
Jan Bena and Lorenzo Garlappi
University of British Columbia - Sauder School of Business and University of British Columbia (UBC) - Sauder School of Business
Downloads 274 (205,045)
Citation 5

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Competition in innovation, Patent races, Cross section of returns, Cost of capital

12.

Token-based Decentralized Governance, Data Economy and Platform Business Model

Number of pages: 60 Posted: 19 Oct 2022 Last Revised: 12 Dec 2023
Jan Bena and Shiqi Zhang
University of British Columbia - Sauder School of Business and University of British Columbia (UBC) - Sauder School of Business
Downloads 271 (207,363)
Citation 2

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Decentralized governance, Governance token, Tokenomics, DAO, Data economy, Personal data, Privacy concerns, Platform business model

13.

Mutual Fund Disagreement and Firm Value: Passive vs. Active Voice

Number of pages: 85 Posted: 23 Aug 2021 Last Revised: 14 Nov 2022
Jan Bena and Iris Wang
University of British Columbia - Sauder School of Business and University of British Columbia (UBC) - Sauder School of Business
Downloads 266 (211,234)

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Corporate governance, Voting, Disagreement

14.

Heterogeneous Innovations, Firm Creation and Destruction, and Asset Prices

Number of pages: 54 Posted: 12 Mar 2015 Last Revised: 25 Sep 2015
University of British Columbia - Sauder School of Business, University of British Columbia (UBC) - Sauder School of Business and Latvijas Banka
Downloads 223 (250,875)
Citation 6

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Economic uncertainty, Creative destruction, Innovation, Firm entry, Long-run risk

15.

Relative Pricing of Private and Public Debt: The Role of Money Creation Channel

Number of pages: 67 Posted: 31 Aug 2021 Last Revised: 23 Nov 2022
University of British Columbia, University of British Columbia - Sauder School of Business and Antai College of Economics & Management, Shanghai Jiaotong University
Downloads 190 (290,676)

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16.

Relationship-Specific Investments and Firms’ Boundaries: Evidence from Textual Analysis of Patents

Fisher College of Business Working Paper No. 2023-03-027, Charles A. Dice Center Working Paper No. 2023-27
Number of pages: 80 Posted: 13 Dec 2023
University of British Columbia - Sauder School of Business, Ohio State University (OSU) - Department of Finance, Ohio State University (OSU) - Department of Finance and Ohio State University (OSU) - Department of Finance
Downloads 142 (372,340)
Citation 1

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Textual Analysis, Patents, Investment Specificity, M&A, Mergers and Acquisitions

17.

The Effect of Credit Rationing on the Shape of the Competition-Innovation Relationship

EFA 2009 Bergen Meetings Paper
Number of pages: 65 Posted: 12 Feb 2009
Jan Bena
University of British Columbia - Sauder School of Business
Downloads 103 (474,122)
Citation 2

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Innovation, R&D, Competition, Financial constraints, Credit rationing

18.

Specialized Investments and Firms’ Boundaries: Evidence from Textual Analysis of Patents

NBER Working Paper No. w29174
Number of pages: 45 Posted: 23 Aug 2021 Last Revised: 20 Mar 2022
University of British Columbia - Sauder School of Business, Ohio State University (OSU) - Department of Finance, Ohio State University (OSU) - Department of Finance and Ohio State University (OSU) - Department of Finance
Downloads 34 (818,282)
Citation 1

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19.

Financial Development and Growth in Direct Firm-Level Comparisons

CEPR Discussion Paper No. DP6395
Number of pages: 40 Posted: 30 May 2008
Jan Bena and Stepan Jurajda
University of British Columbia - Sauder School of Business and CERGE-EI
Downloads 1 (1,114,330)
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Access to financial markets, Corporate growth, Financial development

20.

Which Firms Benefit More from Financial Development?

CEPR Discussion Paper No. DP6392
Number of pages: 54 Posted: 29 May 2008
Jan Bena and Stepan Jurajda
University of British Columbia - Sauder School of Business and CERGE-EI
Downloads 1 (1,114,330)
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Corporate growth, Financial development, Information Asymmetry