Doron Levit

University of Pennsylvania - Finance Department

Assistant Professor

The Wharton School

3620 Locust Walk

Philadelphia, PA 19104

United States

European Corporate Governance Institute (ECGI)

c/o the Royal Academies of Belgium

Rue Ducale 1 Hertogsstraat

1000 Brussels

Belgium

SCHOLARLY PAPERS

14

DOWNLOADS
Rank 4,902

SSRN RANKINGS

Top 4,902

in Total Papers Downloads

8,989

SSRN CITATIONS
Rank 9,124

SSRN RANKINGS

Top 9,124

in Total Papers Citations

67

CROSSREF CITATIONS

53

Scholarly Papers (14)

1.
Downloads 1,638 ( 11,088)
Citation 8

Governance Under Common Ownership

Review of Financial Studies, Forthcoming, European Corporate Governance Institute (ECGI) - Finance Working Paper No. 437/2014
Number of pages: 69 Posted: 20 Aug 2014 Last Revised: 29 Aug 2018
Alex Edmans, Doron Levit and Devin Reilly
London Business School - Institute of Finance and Accounting, University of Pennsylvania - Finance Department and University of Pennsylvania - Department of Economics
Downloads 1,610 (11,174)
Citation 7

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Corporate governance, banks, blockholders, monitoring, intervention, exit, trading, common ownership.

Governance and Comovement Under Common Ownership

NBER Working Paper No. w20420
Number of pages: 58 Posted: 03 Sep 2014
Alex Edmans, Doron Levit and Devin Reilly
London Business School - Institute of Finance and Accounting, University of Pennsylvania - Finance Department and University of Pennsylvania - Department of Economics
Downloads 28 (524,240)

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Governance and Comovement Under Common Ownership

CEPR Discussion Paper No. DP10119
Number of pages: 60 Posted: 23 Oct 2014
Alex Edmans, Doron Levit and Devin Reilly
London Business School - Institute of Finance and Accounting, University of Pennsylvania - Finance Department and University of Pennsylvania - Department of Economics
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blockholders, corporate governance, correlation, exit, trading

2.

Who’s Paying Attention? Measuring Common Ownership and Its Impact on Managerial Incentives

Journal of Financial Economics (JFE), Forthcoming, European Corporate Governance Institute (ECGI) - Finance Working Paper No. 568/2018
Number of pages: 74 Posted: 06 May 2018 Last Revised: 06 Sep 2019
Erik Gilje, Todd A. Gormley and Doron Levit
University of Pennsylvania - The Wharton School, Washington University in St. Louis and University of Pennsylvania - Finance Department
Downloads 1,168 (18,726)
Citation 4

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Common Investors, Indexing, Institutional Ownership, Managerial Incentives

3.

Nonbinding Voting for Shareholder Proposals

Journal of Finance, Vol. 66, No. 5, 2011
Number of pages: 44 Posted: 12 Jan 2009 Last Revised: 25 Apr 2014
Doron Levit and Nadya Malenko
University of Pennsylvania - Finance Department and Boston College - Carroll School of Management
Downloads 1,164 (18,752)
Citation 13

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Shareholder voting, shareholder proposals, non-binding proposals, precatory resolutions, advisory vote, strategic voting, majority rule, information aggregation, proxy fight, shareholder activism

4.
Downloads 1,077 ( 21,044)
Citation 9

Soft Shareholder Activism

Review of Financial Studies, Forthcoming
Number of pages: 47 Posted: 08 Dec 2011 Last Revised: 21 Sep 2018
Doron Levit
University of Pennsylvania - Finance Department
Downloads 968 (24,255)
Citation 9

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Cheap-Talk, Communication, Corporate Governance, Exit, Shareholder Activism, Voice

Soft Shareholder Activism

Number of pages: 45 Posted: 12 Jun 2012 Last Revised: 18 Oct 2014
Doron Levit
University of Pennsylvania - Finance Department
Downloads 109 (268,958)
Citation 4

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Shareholder Activism, Voice, Exit, Communication, Cheap-Talk, Corporate Governance

5.

The Labor Market for Directors and Externalities in Corporate Governance

Journal of Finance, Vol. 71, No. 2, April 2016
Number of pages: 40 Posted: 08 Jul 2012 Last Revised: 22 Mar 2016
Doron Levit and Nadya Malenko
University of Pennsylvania - Finance Department and Boston College - Carroll School of Management
Downloads 673 (40,836)
Citation 16

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board of directors, corporate governance, reputation, externalities, strategic complementarity, transparency

6.

Corporate Control Activism

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 45 Posted: 30 Apr 2015 Last Revised: 24 Aug 2018
Adrian Aycan Corum and Doron Levit
Cornell University - Samuel Curtis Johnson Graduate School of Management and University of Pennsylvania - Finance Department
Downloads 643 (43,456)
Citation 7

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Acquisition, Corporate Governance, Proxy Fight, Shareholder Activism, Takeover

7.

Irrelevance of Governance Structure

Columbia Law and Economics Working Paper No. 603, European Corporate Governance Institute (ECGI) - Finance Working Paper No. 606/2019
Number of pages: 65 Posted: 12 Mar 2019 Last Revised: 13 May 2020
Zohar Goshen and Doron Levit
Columbia University - Law School and University of Pennsylvania - Finance Department
Downloads 592 (48,516)
Citation 1

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Corporate Governance, Market Power, Shareholder Rights, Control Rights, Agency Costs, Principal Costs

8.

Advising Shareholders in Takeovers

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 59 Posted: 20 Jun 2011 Last Revised: 31 Dec 2016
Doron Levit
University of Pennsylvania - Finance Department
Downloads 533 (55,299)
Citation 3

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Takeover, Tender Offer, Merger, Advice, Communication, Recommendation, Board of Directors, Cheap-Talk, Coordination, Free-riding

9.

Words Speak Louder Without Actions

Journal of Finance, Forthcoming
Number of pages: 58 Posted: 28 Dec 2014 Last Revised: 11 Jun 2019
Doron Levit
University of Pennsylvania - Finance Department
Downloads 393 (80,154)
Citation 1

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Communication, Corporate Governance, Intervention, Managerial Leadership

10.

Expertise, Structure, and Reputation of Corporate Boards

Number of pages: 64 Posted: 20 Jun 2011 Last Revised: 06 Jul 2012
Doron Levit
University of Pennsylvania - Finance Department
Downloads 384 (82,317)
Citation 13

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Board of Directors, Communication, Information Acquisition, Expertise, Reputation, Transparency

11.
Downloads 257 (128,001)
Citation 2

Trading and Shareholder Democracy

European Corporate Governance Institute – Finance Working Paper No. 631/2019
Number of pages: 58 Posted: 03 Oct 2019 Last Revised: 03 Jun 2020
Doron Levit, Nadya Malenko and Ernst G. Maug
University of Pennsylvania - Finance Department, Boston College - Carroll School of Management and University of Mannheim Business School
Downloads 257 (127,859)
Citation 2

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Corporate Governance, Voting, Shareholder Rights, Trading, Delegation

Trading and Shareholder Democracy

CEPR Discussion Paper No. DP14039
Number of pages: 55 Posted: 07 Oct 2019 Last Revised: 28 May 2020
Doron Levit, Nadya Malenko and Ernst G. Maug
University of Pennsylvania - Finance Department, Boston College - Carroll School of Management and University of Mannheim Business School
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corporate governance, delegation, Shareholder rights, Trading, voting

12.

Freeze-Out Mergers

Review of Financial Studies, Forthcoming
Number of pages: 43 Posted: 09 Jun 2018 Last Revised: 10 Sep 2018
Elif Dalkir, Mehmet S. Dalkir and Doron Levit
University of New Brunswick - Fredericton - Department of Economics, University of New Brunswick - Fredericton - Department of Economics and University of Pennsylvania - Finance Department
Downloads 253 (130,035)
Citation 3

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Free rider problem, Freeze-out merger, Takeovers, Tender offer

13.

A Theory of One-Size-Fits-All Recommendations

Number of pages: 46 Posted: 11 Oct 2018 Last Revised: 17 Apr 2020
Doron Levit and Anton Tsoy
University of Pennsylvania - Finance Department and University of Toronto - Department of Economics
Downloads 197 (165,425)

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One-Size-Fits-All, Recommendation, Cheap Talk, Advice, IMF, World Bank, International Financial Institutions, Basel Committee, Proxy Advisors, Central Bank

14.

Who's Paying Attention? Measuring Common Ownership and its Impact on Managerial Incentives

NBER Working Paper No. w25644
Number of pages: 60 Posted: 12 Mar 2019 Last Revised: 10 Apr 2019
Erik Gilje, Todd A. Gormley and Doron Levit
University of Pennsylvania - The Wharton School, Washington University in St. Louis and University of Pennsylvania - Finance Department
Downloads 17 (576,386)
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