Ronald Masulis

• The Supply of Corporate Directors and Board Independence, with A. Knyazeva and D. Knyazeva, forthcoming the Review of Financial Studies, 2013
• Law Firm Expertise and Mergers and Acquisitions, with CVN Krishnan, forthcoming Journal of Law and Economics 2013
• Litigation in Mergers and Acquisitions, with CVN Krishnan, R. Thomas, and R. Thompson, Journal of Corporate Finance, 2012, 18, 1248-1268
• Globalizing the Boardroom - The Effects of Foreign Directors on Corporate Governance and Firm Performance, with C. Wang and F. Xie, Journal of Accounting and Economics, 2012, 53:3, 527-554
• Family Business Groups around the World: Costs and Benefits of Pyramids, with P. Pham and J. Zein, Review of Financial Studies, 2011, 24:11, 3556-3600
• Do Underwriters or Venture Capitalists Restrain Earnings Management by IPO Issuers?, with G. Lee,  Journal of Corporate Finance, 2011, 17:4 982-1000
• Venture Capital Reputation, Post-IPO Performance and Corporate Governance, with C.N.V. Krishnan, V. Ivanov and A. Singh, Journal of Financial and Quantitative Analysis, 2011, 46:5, 1295-1333
• Are All Inside Directors the Same? Do They Entrench CEOs or Enhance Board Decision Making? with Shawn Mobbs, Journal of Finance, 2011, 66:3, 812-823
• Comparing CEO Employment Contract Provisions: Differences between Australia and the U.S., with Jennifer Hill and Randall Thomas, Vanderbilt Law Review, 2011, 64:2, 557-608
• Strategic Investing: Evidence from Corporate Venture Capital with Raj Nahata, Journal of Financial Intermediation, 2009, 18:4, 599-631
• Agency Costs at Dual-Class Companies with Cong Wang and Fei Xie, Journal of Finance, August 2009, 64:4, 1697-1727
• Seasoned Equity Offerings: Quality of Accounting Information and Expected Flotation Costs with Gemma Lee, Journal of Financial Economics, August 2009, 92, 443-469
• Does Private Equity Create Wealth? The Effects of Private Equity and Derivatives on Corporate Governance with Randall Thomas University of Chicago Law Review, 2009, 76, 219-260
• Corporate Governance and Acquirer Returns with Cong Wang and Fei Xie, Journal of Finance, August 2007, 62:4, 1851-1889
• Government Bailouts and Political Connections with Mara Faccio and John McConnell, Journal of Finance, December 2006, 61:6, 2597-2635
• The Choice of Financing Methods in European Mergers & Acquisitions with Mara Faccio, Journal of Finance, June 2005, 60:3, 1345-1388
• Trading Activity and Stock Price Volatility: Evidence from the London Stock Exchange with Roger Huang, Journal of Empirical Finance, May 2003, 10:3, 249-269, (lead article)
• Does Market Structure Affect the Immediacy of Stock Price Responses to News? with Lakshmanan Shivakumar, Journal of Financial and Quantitative Analysis, December 2002, 37:4, 617-648
• Seasoned Public Offerings: Resolution of the 'New Issues Puzzle' with B. Espen Eckbo and Oyvind Norli, Journal of Financial Economics, May 2000, 56:2, 251-291. Journal of Financial Economics All Star Award
• FX Spreads and Dealer Competition across the 24 Hour Day with Roger Huang, Review of Financial Studies, Spring 1999, 12:1, 61-93
• Energy Shocks and Financial Markets with Roger Huang and Hans Stoll, Journal of Futures Markets, February 1996, 16:1, 1-27, (lead article)
• Overnight and Daytime Stock return Dynamics on the London Stock Exchangewith Victor Ng, Journal of Business and Economic Statistics, October 1995, 13:4, 365-378, (lead article)
• Common Stock Offerings across the Business Cycle: Theory and Evidence with Hyuk Choe and Vikram Nanda, Journal of Empirical Finance, 1993, 1:1, 3-31 (lead article, inaugural issue)
• Adverse Selection and the Rights Offer Paradox with B. Espen Eckbo, Journal of Financial Economics, December 1992, 32:3, 293-332
• An Investigation of Market Microstructure Impacts on Event Study Returns with Ronald Lease and John Page, Journal of Finance, September 1991, 46:4, 1523-1536
• An Investigation of the Earnings Information Content in Issuer Tender Offers with Larry Dann and David Mayers, Journal of Accounting and Economics, September 1991, 14:3, 217-251, (lead article)
• Correlations in Price Changes and Volatility across International Stock Markets with Yasushi Hamao and Victor Ng, Review of Financial Studies, 1990, 3:2, 281-308. Reprinted in R. Stulz and A. Karolyi (eds.), International Capital Market Integration, London: Edward Elgar Publishing, 2003
• Corporate Investment and Dividend Decisions under Differential Personal Taxation with Brett Trueman, Journal of Financial and Quantitative Analysis, December 1998, 23:4, 369-386
• Changes in Ownership Structure: Conversions of Mutual Savings and Loans to Stock Charter Journal of Financial Economics, March 1987,  18:1, 29-60
• Seasoned Equity Offerings: An Empirical Investigation with Ashok Korwar, Journal of Financial Economics, January/February 1986, 15:1/2, 91-118, Journal of Financial Economics All Star Award
• The Valuation Effects of Stock Splits and Stock Dividends with Mark Grinblatt and Sheridan Titman, Journal of Financial Economics, December 1984, 13:4, 461-490, (lead article)
• The Impact of Capital Structure Change on Firm Value, Some Estimates Journal of Finance, March 1983,  38:1, 107-126
• Government Intervention in the Mortgage Market, A Study of Anti-Redlining Regulations Journal of Monetary Economics, September 1982,  10, 191-213
• Optimal Capital Structure under Corporate and Personal Taxation with Harry DeAngelo, Journal of Financial Economics, March 1980,  8:1, 3-27, (lead article), Journal of Financial Economics All Star Award. Reprinted in Clifford Smith, editor, The Modern Theory of Corporate Finance, 2nd edition, McGraw-Hill, 1990
• Stock Repurchase by Tender Offer, An Analysis of the Causes of Common Stock Price Changes Journal of Finance, May 1980, 35:2, 305-319
• Leverage and Dividend Irrelevance under Corporate and Personal Taxation with Harry DeAngelo, Journal of Finance, May 1980, 35:2, 453-464
• The Effects of Capital Structure Change on Security Prices: A Study of Exchange Offers Journal of Financial Economics, June 1980, 8:2, 139-178, Journal of Financial Economics All Star Award. Reprinted in Clifford Smith, editor, The Modern Theory of Corporate Finance, 2nd edition, McGraw-Hill, 1990
• The Option Pricing Model and the Risk Factor of Stock with Dan Galai, Journal of Financial Economics, January/March 1976, 3:1/2, 53-81, Journal of Financial Economics All Star Award. Reprinted in Cheng-few Lee, editor, Financial Analysis and Planning: Theory and Application, Addison-Wesley 1982

Other publications

• Venture Capital Reputation: A Survey, forthcoming in the Handbook of Entrepreneurial Finance, Venture Capital and Private Equity, with CVN Krishnan, D. Cummings, Editor, Oxford University Press, 2012
• Security Offerings with Espen Eckbo and Oyvind Norli, in B. E. Eckbo, Handbook of Corporate Finance: Empirical Corporate Finance 2007, (North-Holland/Elsevier), Chapter 13
• Seasoned Equity Offerings: A Survey with B. Espen Eckbo Handbook in Finance, R. Jarrow, V. Maksimovic and B. Ziemba (eds.) 1995, North Holland
• Dividend Capture with Jonathan Karpoff New Palgrave Dictionary of Money and Finance, 1992, MacMillan
• The Effect of the 1987 Stock Crash on International Financial Integration with Yasushi Hamao and Victor Ng, 1991, Japanese Financial Market Research, W. Bailey, Y. Hamao and W. Ziemba (eds.), North Holland

Working papers

• Independent Director Incentives: Where Do Talented Directors Spend their Limited Time and Energy?, with S. Mobbs, January 2013 (Under review and presented at the 2012 Academic Conference on Corporate Governance, Drexel University and the 2013 American Finance Association Meetings)
• Board Structure and Monitoring: New Evidence from CEO Turnover, with L. Guo, March 2013 (Presented at the 2012 China International Conference in Finance, the 2012 ISB Summer Research Conference and the 2012 Conference on Empirical Legal Studies and accepted for presentation at the 2013 FIRS Conference in Dubrovnik)
• Compensation Gaps among Top Executives: Evidence of Tournament Incentives or Productivity Differentials? with S. Zhang, February 2013 (Presented at the 2012 Northern Finance Association Meetings and the 2013 American Finance Association Meetings)
• Equity Ownership in IPO Issuers by Brokerage Firms and Analyst Research Coverage, with X. Li, March 2013 (Presented at the 2012 CAPANA Research Conference in Xian China and accepted for presentation at the 2013 European Skiance Meeting and the 2013 FIRS Conference in Dubrovnik)
• Reputation Incentives of Independent Directors: Impacts on Board Monitoring and Adverse Firm Actions, with S. Mobbs, March 2013 (Accepted for presentation at the 5th Annual FSU SunTrust Conference 2013 and the 2013 American Law and Economics Association Annual Meeting)
• Agency Problems of Corporate Philanthropy, with S. Reza, March 2013 (Accepted for presentation at the 2013 FIRS Conference in Dubrovnik)
• Supply Chain Spillover Effects and the Interdependence of Firm Financing Decisions, with William Johnson, Jun-koo Kang and Sangyo Yi, April 2012 (Presented at the 2010 Conference on Empirical Legal Studies (CELS), 2012 UBC Winter Conference and the 2012 FIRS Conference)
• Do Wealth Creating Mergers Really Hurt Acquirer Shareholders?, with Peter Swan and Brett Tobiansky (Presented at the 2011 FIRS Conference and the 2012 American Finance Association Meetings)
• Order Imbalance Around Seasoned Equity Offers, with S. Kim (presented at the Melbourne Finance Downunder Conference 2011 and the 2011 FIRS Conference)
  

Ronald Masulis's scholarly papers on SSRN

• Empirical corporate finance
• Corporate governance
• Mergers and acquisitions
• International finance and law

• Commencing 2012: Australian Research Council (ARC) Discovery Grant, $100,000, Ownership Linkages and the Functioning of Inter-firm Capital Markets during the Global Financial Crisis (with Peter Pham and Jason Zein)
• Commencing 2012: Australian Research Council (ARC) Discovery Grant, $230,000, Do Wealth Creating Mergers and Acquisitions Really Hurt Acquirer Shareholders? (with Peter Swan)