René M. Stulz
 
SELECTED RESEARCH IN PROGRESS AND WORKING PAPERS

Credit Default Swaps and the Credit Crisis 2009-16

Bank CEO Incentives and the Credit Crisis (with Rüdiger Fahlenbrach) 2009-13

Why Did Some Banks Perform Better During the Credit Crisis? A Cross-Country Study of the Impact of Governance and Regulation. (with Andrea Beltratti ) 2009-12

When are Analyst Recommendation Changes Influential? (with Roger K. Loh) 2009-7

Why Do Foreign Firms Have Less Idiosyncratic Risk than U.S. Firms? (with Söhnke M. Bartram and Gregory Brown) 2009-5

Why Do Foreign Firms Leave U.S. Equity Markets? (with Craig Doidge and G. Andrew Karolyi) 2009-3

Do Target CEOs Sell Out Their Shareholders to Keep Their Job in a Merger? ( with Leonce Bargeron, Frederik Schlingemann, and Chad Zutter)        2009-2

Risk Management Failures: What Are They and When Do They Happen? 2008-18.

Why Do Foreign Firms Leave U.S. Equity Markets? An Analysis of Deregistrations Under SEC Exchange Act Rule 12h-6 (with Craig Doidge and G. Andrew Karolyi) 2008-14.

Securities Laws, Disclosure, and National Capital Markets in the Age of Financial Globalization 2008-13.

Why do Firms Appoint CEOs as Outside Directors? (with Rüdiger Fahlenbrach and Angie Low) 2008-10.

Hedge Fund Contagion and Liquidity (with Nicole M. Boyson and Christof W. Stahel) 2008-8.

How Much do Banks use Credit Derivatives to Hedge Loans? (with Bernadette Minton and Rohan Williamson) 2008-1.

Differences in Governance Practice between U.S. and Foreign Firms: Measurement, Causes, and Consequences (with Reena Aggarwal, Isil Erel, and Rohan Williamson) 2007-14.

Fundamentals, Market Timing, and Seasoned Equity Offerings (with Harry DeAngelo and Linda DeAngelo) 2007-13.

Managerial Ownership Dynamics and Firm Value (with Rüdiger Fahlenbrach) 2007-12.

Has New York become less competitive in global markets? Evaluating foreign listing choices over time (with Craig Doidge and G. Andrew Karolyi) 2007-9.

Why do private acquirers pay so little compared to public acquirers? (with Leonce Bargeron, Frederik Schlingemann, and Chad Zutter) 2007-8.

Hedge Funds: Past, Present, and Future 2007-3.

Do U.S. Firms Have the Best Corporate Governance? A Cross-Country Examination of the Relation between Corporate Governance and Shareholder Wealth (with Reena Aggarwal, Isil Erel, and Rohan Williamson) 2006-25.

The Economics of Conflicts of Interest in Financial Institutions (with Hamid Mehran) 2006-21.

Why do U.S. firms hold so much more cash than they used to? (with Thomas W. Bates and Kathleen M. Kahle) 2006-17.

Financial globalization, governance, and the evolution of the home bias (with Bong-Chan Kho and Francis E. Warnock) 2006-12.

Merton Miller 2006-4.

Is there hedge fund contagion? (with Nicole Boyson and Christof Stahel) 2006-1.

Financial Globalization, Corporate Governance, and Eastern Europe 2005-27.

Do local analysts know more? A cross-country study of the performance of local analysts and foreign analysts (with Kee-Hong Bae and Hongping Tan) 2005-18.

How much do banks use credit derivatives to reduce risk? (with Bernadette Minton and Rohan Williamson) 2005-17.

Do investors trade more when stocks have performed well? Evidence from 46 countries (with John M. Griffin and Federico Nardari) 2005-12.

Private benefits of control, ownership, and the cross-listing decision (with Craig Doidge, G. Andrew Karolyi, Karl V. Lins, Darius P. Miller) 2005-2.

Do Acquirers With More Uncertain Growth Prospects Gain Less From Acquisitions? (with Sara Moeller and Frederik Schlingemann) 2004-19.

Why do countries matter so much for corporate governance? (with Craig Doidge and G. Andrew Karolyi) 2004-16.

Shareholder Wealth and Firm Risk (with Hyun-Han Shin), Dice Center WP 2000-19.

Firm value, risk, and growth opportunities (with Hyun-Han Shin), Dice Center WP 2000-8.

Globalization of Equity Markets and the Cost of Capital, Dice Center WP 99-1.