Enrique J. Schroth

EDHEC Business School

Professor of Finance

393, Promenade Des Anglais

Nice, 06202

France

http://https://www.edhec.edu/en/faculty-and-researchers/schroth-enrique-phd

Centre for Economic Policy Research (CEPR)

London

United Kingdom

SCHOLARLY PAPERS

18

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Top 14,823

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4,188

SSRN CITATIONS
Rank 9,832

SSRN RANKINGS

Top 9,832

in Total Papers Citations

50

CROSSREF CITATIONS

80

Scholarly Papers (18)

1.

The Determinants of the Block Premium and of Private Benefits of Control

ECGI - Finance Working Paper No. 202/2008, Swiss Finance Institute Research Paper No. 08-21
Number of pages: 72 Posted: 04 Mar 2008 Last Revised: 18 Nov 2014
Rui A. Albuquerque and Enrique J. Schroth
Boston College, Carroll School of Management and EDHEC Business School
Downloads 594 (56,942)
Citation 4

Abstract:

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block pricing, block trades, control transactions, private benefits of control, market rule, mandatory bid rule, structural estimation

2.

Debt Enforcement, Investment, and Risk Taking Across Countries

Journal of Financial Economics (JFE), Forthcoming, Swiss Finance Institute Research Paper No. 13-64
Number of pages: 49 Posted: 10 Jan 2014 Last Revised: 15 Sep 2016
Giovanni Favara, Erwan Morellec, Enrique J. Schroth and Philip Valta
Board of Governors of the Federal Reserve System, Ecole Polytechnique Fédérale de Lausanne, EDHEC Business School and University of Bern
Downloads 534 (65,005)
Citation 11

Abstract:

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Debt renegotiation, Default; Investment , Asset sales, Risk-taking

3.
Downloads 462 ( 77,742)
Citation 4

The Value of Control and the Costs of Illiquidity

Journal of Finance vol. 70, 1405-1455, 2015, European Corporate Governance Institute (ECGI) - Finance Working Paper No. 357/2012
Number of pages: 77 Posted: 04 Aug 2012 Last Revised: 26 Nov 2018
Rui A. Albuquerque and Enrique J. Schroth
Boston College, Carroll School of Management and EDHEC Business School
Downloads 457 (78,042)
Citation 4

Abstract:

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Control transactions, search frictions, marketability discount, illiquidity spillover, corporate governance

The Value of Control and the Costs of Illiquidity

CEPR Discussion Paper No. DP9090
Number of pages: 67 Posted: 28 Sep 2012
Rui A. Albuquerque and Enrique J. Schroth
Boston College, Carroll School of Management and EDHEC Business School
Downloads 5 (781,503)
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control discount, Control transactions, corporate governance, illiquidity spillover, marketability discount, search frictions

Quantifying Private Benefits of Control from a Structural Model of Block Trades

Journal of Financial Economics (JFE), Vol. 96, No. 1, 2010, ECGI - Finance Working Paper No. 202/2008
Number of pages: 54 Posted: 15 Aug 2009 Last Revised: 28 Nov 2013
Rui A. Albuquerque and Enrique J. Schroth
Boston College, Carroll School of Management and EDHEC Business School
Downloads 355 (104,694)
Citation 1

Abstract:

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block pricing, block trades, control transactions, deadweight loss, private benefits of control and structural estimation

Quantifying Private Benefits of Control from a Structural Model of Block Trades

CEPR Discussion Paper No. DP7358
Number of pages: 56 Posted: 26 Aug 2009
Rui A. Albuquerque and Enrique J. Schroth
Boston College, Carroll School of Management and EDHEC Business School
Downloads 1 (823,027)
Citation 7
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Block pricing, block trades, control transactions, deadweight loss, private benefits of control, structural estimation

5.

Liquidity Provision in the Secondary Market for Private Equity Fund Stakes

Number of pages: 61 Posted: 06 Jun 2018 Last Revised: 20 Nov 2018
Boston College, Carroll School of Management, Harvard Business School, University of Oxford - Said Business School and EDHEC Business School
Downloads 312 (121,511)
Citation 4

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Private Equity, Secondary Markets, Liquidity, Liquidity Premium, Net Asset values

6.

Understanding Cash Flow Risk

Swiss Finance Institute Research Paper No. 18-21
Number of pages: 90 Posted: 26 Jun 2017 Last Revised: 15 Jul 2021
Erasmus University Rotterdam (EUR) - Erasmus School of Economics (ESE), USI Lugano - Institute of Finance, Ecole Polytechnique Fédérale de Lausanne, EDHEC Business School and University of Bern
Downloads 298 (127,624)
Citation 2

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cash flow risk, permanent and transitory shocks, liquidity management

Innovation, Differentiation, and the Choice of an Underwriter: Evidence from Equity Linked Securities

AFA 2004 San Diego Meetings; International Center for Financial Asset Management and Engineering (FAME) Working Paper
Number of pages: 84 Posted: 29 Apr 2003
Enrique J. Schroth
EDHEC Business School
Downloads 257 (148,098)
Citation 3

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Financial Innovation, Investment Banking, Underwriting, First-Mover Advantages, Demand Estimation

Innovation, Differentiation, and the Choice of an Underwriter: Evidence from Equity-Linked Securities

The Review of Financial Studies, Vol. 19, Issue 3, pp. 1041-1080, 2006
Posted: 29 Feb 2008
Enrique J. Schroth
EDHEC Business School

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8.
Downloads 252 (151,531)
Citation 1

Value Creation in Shareholder Activism

European Corporate Governance Institute – Finance Working Paper No. 685/2020
Number of pages: 74 Posted: 07 Jul 2020 Last Revised: 16 Apr 2021
Rui A. Albuquerque, Vyacheslav Fos and Enrique J. Schroth
Boston College, Carroll School of Management, Boston College - Department of Finance and EDHEC Business School
Downloads 250 (152,226)
Citation 1

Abstract:

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Shareholder activism, Value creation, Passive investors, Stock picking, Schedule 13D, Schedule 13G, Structural estimation

Value Creation in Shareholder Activism: A Structural Approach

CEPR Discussion Paper No. DP14995
Number of pages: 86 Posted: 28 Jul 2020 Last Revised: 07 Sep 2020
Rui A. Albuquerque, Vyacheslav Fos and Enrique J. Schroth
Boston College, Carroll School of Management, Boston College - Department of Finance and EDHEC Business School
Downloads 2 (809,736)
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Passive investors, Shareholder activism, Stock picking, structural estimation, value creation

9.

Profitable Innovation Without Patent Protection: The Case of Derivatives

International Center for Financial Asset Management and Engineering Working Paper
Number of pages: 41 Posted: 19 May 2003
Enrique J. Schroth and Helios Herrera
EDHEC Business School and Instituto Tecnológico Autónomo de México (ITAM) - Centro de Investigacion Economica
Downloads 244 (156,360)
Citation 5

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Financial innovation, first-mover advantages, asymmetric information, learning-by-doing

10.

Innovation and First-Mover Advantages in Corporate Underwriting: Evidence from Equity Linked Securities

FAME Research Paper No. 74
Number of pages: 59 Posted: 10 Aug 2003
Enrique J. Schroth
EDHEC Business School
Downloads 202 (187,088)
Citation 4

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Financial Innovation, Investment Banking, Underwriting, First-Mover Advanatges, Demand Estimation

11.

Financially Constrained Innovation Races: Evidence from Pharmaceutical Patents

EFA 2007 Ljubljana Meetings Paper
Number of pages: 67 Posted: 26 Feb 2007
Enrique J. Schroth and Dezsö Szalay
EDHEC Business School and University of Bonn - Faculty of Law & Economics
Downloads 153 (238,094)
Citation 3

Abstract:

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Patent race, cash sensitivity, consistent estimation, incumbency

12.

Dynamic Debt Runs and Financial Fragility: Evidence from the 2007 ABCP Crisis

Journal of Financial Economics (JFE), Forthcoming, Jacobs Levy Equity Management Center for Quantitative Financial Research Paper
Number of pages: 68 Posted: 14 Mar 2012 Last Revised: 11 Aug 2020
Enrique J. Schroth, Gustavo Suarez and Lucian A. Taylor
EDHEC Business School, Board of Governors of the Federal Reserve System and University of Pennsylvania - The Wharton School
Downloads 150 (242,053)
Citation 19

Abstract:

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runs, financial crises, structural estimation, asset-backed commercial paper

13.

Developer's Expertise and the Dynamics of Financial Innovation: Theory and Evidence

Number of pages: 46 Posted: 18 Mar 2005
Helios Herrera and Enrique J. Schroth
Instituto Tecnológico Autónomo de México (ITAM) - Centro de Investigacion Economica and EDHEC Business School
Downloads 114 (297,920)
Citation 3

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Innovation and imitation, first-mover advantages, product differentiation, learning

14.

The Welfare Gains and Diffusion of Corporate Finance Innovations

EFA 2007 Ljubljana Meetings Paper
Number of pages: 54 Posted: 26 Feb 2007
Enrique J. Schroth
EDHEC Business School
Downloads 102 (321,636)
Citation 1

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Innovation, corporate finance products, demand estimation, welfare measurement

15.

The Welfare Implications of Non-Patentable Financial Innovations

FAME Research Paper No. 82
Number of pages: 43 Posted: 15 Jul 2003
Helios Herrera and Enrique J. Schroth
Instituto Tecnológico Autónomo de México (ITAM) - Centro de Investigacion Economica and EDHEC Business School
Downloads 86 (358,337)
Citation 3

Abstract:

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Financial innovation, imperfect imitation, patents

16.

Blockholder Illiquidity, Marketability Discounts, and Stock Price Discounts

Number of pages: 40 Posted: 06 Aug 2009
Rui A. Albuquerque and Enrique J. Schroth
Boston College, Carroll School of Management and EDHEC Business School
Downloads 66 (416,129)

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17.

Determinants of the Block Premium and of Private Benefits of Control

CEPR Discussion Paper No. DP6742
Number of pages: 69 Posted: 12 Jun 2008
Rui A. Albuquerque and Enrique J. Schroth
Boston College, Carroll School of Management and EDHEC Business School
Downloads 6 (742,275)
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Block pricing, block trades, control transactions, mandatory bid rule, market rule, private benefits of control, structural estimation

18.

Strategic Default and Equity Risk Across Countries

Journal of Finance, 67(6), 2012
Posted: 23 Jul 2010 Last Revised: 28 Nov 2013
Giovanni Favara, Enrique J. Schroth and Philip Valta
HEC University of Lausanne, EDHEC Business School and University of Bern

Abstract:

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Debt Enforcement, Strategic Default, Liquidation Costs, Equity Risk