Onur Bayar

University of Texas at San Antonio - Carlos Alvarez College of Business

Professor of Finance

The University of Texas at San Antonio

One UTSA Circle

San Antonio, TX 78249

United States

SCHOLARLY PAPERS

18

DOWNLOADS
Rank 11,233

SSRN RANKINGS

Top 11,233

in Total Papers Downloads

5,452

SSRN CITATIONS
Rank 13,952

SSRN RANKINGS

Top 13,952

in Total Papers Citations

29

CROSSREF CITATIONS

56

Scholarly Papers (18)

1.

IPOs versus Acquisitions and the Valuation Premium Puzzle: A Theory of Exit Choice by Entrepreneurs and Venture Capitalists

Journal of Financial and Quantitative Analysis (JFQA), December 2011, 46 (6), 1755-1793
Number of pages: 71 Posted: 28 Feb 2007 Last Revised: 19 Jun 2015
Onur Bayar and Thomas J. Chemmanur
University of Texas at San Antonio - Carlos Alvarez College of Business and Boston College - Carroll School of Management
Downloads 1,598 (14,057)
Citation 9

Abstract:

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IPOs, acquisitions, venture capital, entrepreneurial finance, exit strategy, product market competition

2.

Peer Monitoring, Syndication, and the Dynamics of Venture Capital Interactions: Theory and Evidence

Journal of Financial and Quantitative Analysis (JFQA), September 2020, 55(6), 1875-1914
Number of pages: 76 Posted: 10 Apr 2019 Last Revised: 11 Aug 2021
Onur Bayar, Thomas J. Chemmanur and Xuan Tian
University of Texas at San Antonio - Carlos Alvarez College of Business, Boston College - Carroll School of Management and Tsinghua University - PBC School of Finance
Downloads 678 (48,618)
Citation 6

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Peer Monitoring, Venture Capital, Syndication

3.

Trademarks and Entrepreneurial Firm Success: Theory and Evidence from Private Firm Exits and Initial Public Offerings

Number of pages: 89 Posted: 12 Jun 2018 Last Revised: 21 Aug 2021
Boston College - Carroll School of Management, University of Ottawa - Telfer School of Management, Tsinghua University - PBC School of Finance, Lehigh University and University of Texas at San Antonio - Carlos Alvarez College of Business
Downloads 528 (66,877)
Citation 1

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Trademarks; Initial Public Offerings (IPOs); Valuation; Private Firm Exit; Post-IPO Operating Performance

4.

What Drives the Valuation Premium in IPOs versus Acquisitions? An Empirical Analysis

Journal of Corporate Finance, June 2012, 18 (3), 451-475
Number of pages: 61 Posted: 27 Oct 2009 Last Revised: 19 Jun 2015
Onur Bayar and Thomas J. Chemmanur
University of Texas at San Antonio - Carlos Alvarez College of Business and Boston College - Carroll School of Management
Downloads 525 (67,166)
Citation 8

Abstract:

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IPOs, Acquisitions, Valuation premium, Private firms, Exit mechanisms, Going public

5.

Corporate Governance, Tax Avoidance, and Financial Constraints

Financial Management, Fall 2018, 47(3), 651-677
Number of pages: 42 Posted: 28 Dec 2017 Last Revised: 16 Jun 2019
University of Texas at San Antonio - Carlos Alvarez College of Business, North Dakota State University - College of Business and Kansas State University - Department of Finance
Downloads 401 (92,743)
Citation 3

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Tax Avoidance, Financial Constraints, Corporate Governance, Agency Problems

6.

Dividends versus Stock Repurchases and Long-Run Stock Returns under Heterogeneous Beliefs

Review of Corporate Finance Studies (RCFS), September 2021, 10(3), 578-632
Number of pages: 81 Posted: 30 Jun 2013 Last Revised: 16 Sep 2021
University of Texas at San Antonio - Carlos Alvarez College of Business, Boston College - Carroll School of Management and University of Kentucky - Gatton College of Business and Economics
Downloads 320 (119,496)
Citation 1

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Dividends, Stock repurchases, Heterogeneous beliefs, Long-run stock returns, Payout policy

A Theory of Equity Carve-Outs and Negative Stub Values under Heterogeneous Beliefs

Journal of Financial Economics (JFE), June 2011, 100 (3), 616-638
Number of pages: 53 Posted: 25 Mar 2008 Last Revised: 19 Jun 2015
University of Texas at San Antonio - Carlos Alvarez College of Business, Boston College - Carroll School of Management and University of Kentucky - Gatton College of Business and Economics
Downloads 174 (215,717)
Citation 2

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heterogeneous beliefs, equity carve-outs, negative stub values

Management of Innovation, Equity Carve-Outs, and Negative Stub Values under Heterogeneous Beliefs

Number of pages: 47 Posted: 07 Mar 2008 Last Revised: 24 Nov 2018
Boston College - Carroll School of Management, University of Texas at San Antonio - Carlos Alvarez College of Business and University of Kentucky - Gatton College of Business and Economics
Downloads 47 (500,239)

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heterogeneous beliefs, management of innovation, equity carve-outs

8.

A Theory of Capital Structure, Price Impact, and Long-Run Stock Returns under Heterogeneous Beliefs

Review of Corporate Finance Studies (RCFS), September 2015, 4 (2), 258-320
Number of pages: 68 Posted: 19 Mar 2010 Last Revised: 05 May 2016
University of Texas at San Antonio - Carlos Alvarez College of Business, Boston College - Carroll School of Management and University of Kentucky - Gatton College of Business and Economics
Downloads 194 (195,959)
Citation 2

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Capital Structure, Heterogeneous Beliefs, Convertible Debt Issues, Security Tranching, Price Impact, Long-Run Stock Returns.

9.

How to Motivate Fundamental Innovation: Optimal Interactions between Entrepreneurs, Venture Capitalists, and the Government

Number of pages: 74 Posted: 23 Jun 2016 Last Revised: 23 Dec 2019
University of Texas at San Antonio - Carlos Alvarez College of Business, Boston College - Carroll School of Management and University of Kentucky - Gatton College of Business and Economics
Downloads 176 (213,543)
Citation 2

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Financing of innovations, Fundamental innovation, Venture capital financing, Innovation and the going public decision, Government subsidies, Innovation prizes.

10.

Implementing Infrastructure Projects using Public-Private Partnerships and Limited-Recourse Project Financing: An Analysis of Financial and Contractual Structure

Number of pages: 67 Posted: 17 Jun 2016 Last Revised: 21 Jul 2020
University of Nottingham, University of Texas at San Antonio - Carlos Alvarez College of Business and Boston College - Carroll School of Management
Downloads 162 (229,095)
Citation 4

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Infrastructure finance, Capital structure, Ownership structure, Build-operate-transfer, Build-operate-own, Performance guarantees, Limited-recourse project financing.

11.

The Impact of Social Media on Venture Capital Financing: Evidence from Twitter Interactions

Number of pages: 65 Posted: 30 Nov 2020
Onur Bayar and Emre Kesici
University of Texas at San Antonio - Carlos Alvarez College of Business and University of Texas at San Antonio
Downloads 160 (231,537)

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Venture Capital, Stage Financing, Syndication, IPO, Information Acquisition, Screening, Electronic Word of Mouth, Learning, Social Media, Machine Learning, Twitter API

12.

Optimal Disclosure and Litigation Rules Around IPOs and SEOs

Kenan Institute of Private Enterprise Research Paper No. 19-19
Number of pages: 61 Posted: 28 Nov 2017 Last Revised: 15 May 2019
University of Texas at San Antonio - Carlos Alvarez College of Business, Boston College - Carroll School of Management and University of North Carolina Kenan-Flagler Business School
Downloads 146 (249,702)
Citation 1

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Disclosure rules, initial public offerings (IPOs), seasoned equity offerings (SEOs), disclosure regulation, private securities litigation

13.

How Reverse Merger Firms Raise Capital in PIPEs: Search Costs and Placement Agent Reputation

Review of Quantitative Finance and Accounting (RQFA), January 2021, 56(1), 143-184.
Number of pages: 54 Posted: 28 Jun 2019 Last Revised: 11 Aug 2021
Onur Bayar, Yini Liu and Juan Mao
University of Texas at San Antonio - Carlos Alvarez College of Business, University of Western Ontario and University of Texas at San Antonio - Department of Accounting
Downloads 81 (374,886)

Abstract:

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Private Investment in Public Equity; Reverse Mergers; Financial Intermediaries; PIPEs with multiple closings; Financial Contracting; IPOs

14.

A Model of the Editorial Process in Academic Journals

Research Policy, Vol. 50, No. 9, 2021
Number of pages: 65 Posted: 15 Mar 2012 Last Revised: 10 Aug 2021
Onur Bayar and Thomas J. Chemmanur
University of Texas at San Antonio - Carlos Alvarez College of Business and Boston College - Carroll School of Management
Downloads 81 (374,886)
Citation 1

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Editorial process; Peer review; Academic journals; Entrepreneurial finance.

15.

Corporate Spin-Offs, Product Market Competition, and Innovation

Number of pages: 58 Posted: 11 Jan 2020
Onur Bayar, Thomas J. Chemmanur and Qing Ma
University of Texas at San Antonio - Carlos Alvarez College of Business, Boston College - Carroll School of Management and University of Nottingham-Nottingham University Business School
Downloads 79 (380,350)
Citation 3

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Innovation, Spin-offs, Acquisitions, Product market competition, Commercialization

16.

Liquidity Provision in a Limit Order Book without Adverse Selection

Journal of Economics and Business, Volume 66, March–April 2013, Pages 98–124
Number of pages: 47 Posted: 17 Jan 2013 Last Revised: 02 Jul 2013
Onur Bayar
University of Texas at San Antonio - Carlos Alvarez College of Business
Downloads 79 (380,350)

Abstract:

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market microstructure, limit order markets, liquidity, private values

17.

Litigation and Information Effects on Private Sales of Securities

Number of pages: 66 Posted: 13 Aug 2021
University of Texas at San Antonio - Carlos Alvarez College of Business, University of Wisconsin - Milwaukee - Department of Finance, University of Western Ontario and University of Texas at San Antonio - Department of Accounting
Downloads 14 (685,356)

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Law and Finance; Information Effects; Private Investment in Public Equity (PIPE); Private Placements; Mitigation Actions

18.

Heterogeneity in the Information Content of 8-K Disclosures about Private Targets: Acquirer Size and Target Significance

Global Finance Journal (GFJ), May 2021, 48, 100559
Number of pages: 45 Posted: 12 Aug 2020 Last Revised: 11 Aug 2021
Onur Bayar, Sougata Das and Emre Kesici
University of Texas at San Antonio - Carlos Alvarez College of Business, Montana State University Billings and University of Texas at San Antonio
Downloads 9 (724,549)

Abstract:

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Takeovers of Private Targets, Public Acquirers, Mergers and Acquisitions, Disclosure Requirements, Information Transparency