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Working Papers

Golden Parachutes and the Wealth of Shareholders
(with Lucian Bebchuk and Alma Cohen)
Harvard Law School Olin Discussion Paper No. 683, December 2010.

Staggered Boards and the Wealth of Shareholders:
Evidence from a Natural Experiment 

(with Lucian Bebchuk and Alma Cohen)

Can Implicit Regulation Change Financial Market Behavior? Evidence from Spitzer’s Attack on Market Timers

Explaining the Glass-Steagall Act’s Long Life, and Rapid Eventual Demise
(with Y. Wang)

Learning and the Disappearing Association between Governance and Returns
(with L. Bebchuk and A. Cohen)
Harvard Law School Olin Discussion Paper No. 667, April 2010

Boardroom Centrality and Stock Returns
(with D. Larcker and E. So)

Evaluating Implied Cost of Capital Estimates
(with C. Lee and E. So)