Onur Bayar

University of Texas at San Antonio, College of Business

Associate Professor of Finance

The University of Texas at San Antonio

One UTSA Circle

San Antonio, TX 78249

United States

  • University of Texas at San Antonio, College of Business

    • Email
    • Tel: 210-458-6837
    • Fax: 210-458-6320
SCHOLARLY PAPERS

13

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CITATIONS
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Top 15,213

in Total Papers Citations

33

Scholarly Papers (13)

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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, College of Business and Boston College - Carroll School of Management
Downloads 1,434 (12,253)
Citation 37

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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

Forthcoming, Journal of Financial and Quantitative Analysis
Number of pages: 76 Posted: 10 Apr 2019 Last Revised: 26 Jun 2019
Onur Bayar, Thomas J. Chemmanur and Xuan Tian
University of Texas at San Antonio, College of Business, Boston College - Carroll School of Management and Tsinghua University - PBC School of Finance
Downloads 499 (54,777)
Citation 8

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Peer Monitoring, Venture Capital, Syndication

3.

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, College of Business and Boston College - Carroll School of Management
Downloads 452 (62,004)
Citation 19

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

4.

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
Onur Bayar, Fariz Huseynov and Sabuhi Sardarli
University of Texas at San Antonio, College of Business, North Dakota State University - College of Business and Kansas State University - Department of Finance
Downloads 287 (104,455)

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Tax Avoidance, Financial Constraints, Corporate Governance, Agency Problems

5.

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

Number of pages: 72 Posted: 30 Jun 2013 Last Revised: 14 Feb 2017
Onur Bayar, Thomas J. Chemmanur and Mark H. Liu
University of Texas at San Antonio, College of Business, Boston College - Carroll School of Management and University of Kentucky - Gatton College of Business and Economics
Downloads 215 (140,084)

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

6.

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

Downloads 193 (155,041)
Citation 5

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
Onur Bayar, Thomas J. Chemmanur and Mark H. Liu
University of Texas at San Antonio, College of Business, Boston College - Carroll School of Management and University of Kentucky - Gatton College of Business and Economics
Downloads 151 (192,454)
Citation 9

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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
Thomas J. Chemmanur, Onur Bayar and Mark H. Liu
Boston College - Carroll School of Management, University of Texas at San Antonio, College of Business and University of Kentucky - Gatton College of Business and Economics
Downloads 42 (419,892)

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heterogeneous beliefs, management of innovation, equity carve-outs

7.

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
Onur Bayar, Thomas J. Chemmanur and Mark H. Liu
University of Texas at San Antonio, College of Business, Boston College - Carroll School of Management and University of Kentucky - Gatton College of Business and Economics
Downloads 184 (161,849)
Citation 4

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

8.

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

Number of pages: 73 Posted: 23 Jun 2016 Last Revised: 16 Jun 2019
Onur Bayar, Thomas J. Chemmanur and Mark H. Liu
University of Texas at San Antonio, College of Business, Boston College - Carroll School of Management and University of Kentucky - Gatton College of Business and Economics
Downloads 125 (223,291)
Citation 1

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Financing of innovations; Fundamental innovation; Venture capital financing; Government subsidies; Innovation prizes.

9.

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
Onur Bayar, Thomas J. Chemmanur and Paolo Fulghieri
University of Texas at San Antonio, College of Business, Boston College - Carroll School of Management and University of North Carolina Kenan-Flagler Business School
Downloads 121 (228,833)

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

10.

Optimal Financial and Contractual Structure for Building Infrastructure using Limited-Recourse Project Financing

Number of pages: 72 Posted: 17 Jun 2016 Last Revised: 24 Sep 2018
Sanjay Banerji, Onur Bayar and Thomas J. Chemmanur
University of Nottingham, University of Texas at San Antonio, College of Business and Boston College - Carroll School of Management
Downloads 103 (256,714)
Citation 17

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limited-recourse project financing, infrastructure finance, build-operate-transfer, build-operate-own, performance guarantees.

11.

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, College of Business
Downloads 70 (325,255)

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market microstructure, limit order markets, liquidity, private values

12.

A Model of the Editorial Process in Scientific Journals

Number of pages: 69 Posted: 15 Mar 2012 Last Revised: 11 Jun 2014
Onur Bayar and Thomas J. Chemmanur
University of Texas at San Antonio, College of Business and Boston College - Carroll School of Management
Downloads 55 (367,464)
Citation 1

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

13.

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

Number of pages: 59 Posted: 28 Jun 2019
Onur Bayar, Yini Liu and Juan Mao
University of Texas at San Antonio, College of Business, University of Texas at San Antonio and University of Texas at San Antonio - Department of Accounting
Downloads 10 (574,446)

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