Laurent Frésard

Universita della Svizzera italiana (USI Lugano)

Swiss Finance Institute

c/o University of Geneva

40, Bd du Pont-d'Arve

CH-1211 Geneva 4

Switzerland

SCHOLARLY PAPERS

20

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14,799

SSRN CITATIONS
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SSRN RANKINGS

Top 3,825

in Total Papers Citations

229

CROSSREF CITATIONS

120

Scholarly Papers (20)

1.

What's your Identification Strategy? Innovation in Corporate Finance Research

Robert H. Smith School Research Paper
Number of pages: 47 Posted: 13 Jan 2014 Last Revised: 24 Sep 2018
Donald E. Bowen III, Laurent Frésard and Jérôme Taillard
Lehigh University, Universita della Svizzera italiana (USI Lugano) and Babson College
Downloads 2,099 (8,527)
Citation 3

Abstract:

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corporate finance, identification, technology diffusion, causality

2.
Downloads 1,736 ( 11,575)
Citation 28

Noisy Stock Prices and Corporate Investment

Rotman School of Management Working Paper No. 2707999, HEC Paris Research Paper No. FIN-2016-1127
Number of pages: 67 Posted: 26 Dec 2015 Last Revised: 10 Aug 2019
INSEAD, HEC Paris - Finance Department, Universita della Svizzera italiana (USI Lugano) and Princeton University
Downloads 1,736 (11,370)
Citation 30

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Ripple Effects of Noise on Corporate Investment

CEPR Discussion Paper No. DP11081
Number of pages: 59 Posted: 02 Feb 2016
INSEAD, HEC Paris - Finance Department, Universita della Svizzera italiana (USI Lugano) and Princeton University
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informational efficiency, investment, learning, noise

3.

Innovation Activities and Integration through Vertical Acquisitions

Review of Financial Studies, Forthcoming, Swiss Finance Institute Research Paper No. 19-36
Number of pages: 79 Posted: 31 Mar 2013 Last Revised: 13 Jul 2019
Laurent Frésard, Gerard Hoberg and Gordon M. Phillips
Universita della Svizzera italiana (USI Lugano), University of Southern California - Marshall School of Business - Finance and Business Economics Department and Dartmouth College - Tuck School of Business
Downloads 1,640 (12,668)
Citation 21

Abstract:

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Mergers and Acquisitions, Vertical Mergers, Vertical Integration

4.

How Does Corporate Investment Respond to Increased Entry Threat?

Number of pages: 59 Posted: 16 Mar 2012 Last Revised: 29 Oct 2015
Laurent Frésard and Philip Valta
Universita della Svizzera italiana (USI Lugano) and University of Bern
Downloads 1,375 (16,723)
Citation 26

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Corporate investment, Entry Threat, Strategic Interactions, Market Structures

5.

Financial Strength and Product Market Behavior: The Real Effects of Corporate Cash Holdings

Journal of Finance, Forthcoming
Number of pages: 55 Posted: 03 Mar 2008 Last Revised: 31 Aug 2009
Laurent Frésard
Universita della Svizzera italiana (USI Lugano)
Downloads 1,059 (24,690)
Citation 45

Abstract:

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Cash Holdings, Corporate Liquidity, Product Market Competition

6.

The Value of Excess Cash and Corporate Governance: Evidence from U.S. Cross-listings

EFA 2007 Ljubljana Meetings Paper, Journal of Financial Economics (JFE), Forthcoming
Number of pages: 55 Posted: 22 Jan 2007 Last Revised: 10 Jun 2009
Laurent Frésard and Carolina Salva
Universita della Svizzera italiana (USI Lugano) and University of Neuchatel
Downloads 1,041 (25,268)
Citation 9

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International cross-listing, corporate governance, cash holdings, liquidity

7.

Does Firm Investment Respond to Peers' Investment?

Robert H. Smith School Research Paper No. RHS 2827803, Swiss Finance Institute Research Paper No. 20-43
Number of pages: 56 Posted: 26 May 2020
Maria Cecilia Bustamante and Laurent Frésard
University of Maryland - Department of Finance and Universita della Svizzera italiana (USI Lugano)
Downloads 951 (28,829)
Citation 4

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investment, peer effect, competition, agglomeration economies

8.
Downloads 656 ( 48,109)
Citation 7

Corporate Strategy, Conformism, and the Stock Market

HEC Paris Research Paper No. FIN-2015-1099
Number of pages: 106 Posted: 02 Aug 2015 Last Revised: 02 Apr 2018
Thierry Foucault and Laurent Frésard
HEC Paris - Finance Department and Universita della Svizzera italiana (USI Lugano)
Downloads 609 (52,303)
Citation 2

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Conformism, Product Differentiation, Managerial Learning, Peers, Stock Price Informativeness

Corporate Strategy, Conformism, and the Stock Market

Swiss Finance Institute Research Paper No. 18-51
Number of pages: 108 Posted: 07 Aug 2018 Last Revised: 13 Dec 2018
Thierry Foucault and Laurent Frésard
HEC Paris - Finance Department and Universita della Svizzera italiana (USI Lugano)
Downloads 47 (478,858)
Citation 5

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Conformism, Product Differentiation, Managerial Learning, Peers, Informational efficiency

Corporate Strategy, Conformism, and the Stock Market

CEPR Discussion Paper No. DP11073
Number of pages: 56 Posted: 02 Feb 2016
Thierry Foucault and Laurent Frésard
HEC Paris - Finance Department and Universita della Svizzera italiana (USI Lugano)
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Managerial Learning, Peers, Product Differentiation, Stock price Informativeness

9.

Rapidly Evolving Technologies and Startup Exits

Swiss Finance Institute Research Paper No. 19-22, USC Marshall School of Business Research Paper Sponsored by iORB, No. Forthcoming
Number of pages: 73 Posted: 25 Sep 2018 Last Revised: 23 Mar 2021
Donald E. Bowen III, Laurent Frésard and Gerard Hoberg
Lehigh University, Universita della Svizzera italiana (USI Lugano) and University of Southern California - Marshall School of Business - Finance and Business Economics Department
Downloads 595 (54,414)
Citation 3

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Startup Exit, Initial Public Offerings (IPOs), Acquisitions, Sell-Outs, Technology Substitution, Venture Capital

10.

Industry Asset Revaluations around Public and Private Acquisitions

Number of pages: 60 Posted: 01 May 2017 Last Revised: 03 May 2021
HEC Paris - Finance Department, Universita della Svizzera italiana (USI Lugano), HEC Paris (Groupe HEC), Finance Department and University of Bern
Downloads 583 (55,837)
Citation 2

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Merger & acquisitions; Information; Revaluation; Stock returns; Peers; Misvaluation

11.

Learning from Peers' Stock Prices and Corporate Investment

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 67 Posted: 26 Jul 2012 Last Revised: 27 Aug 2013
Thierry Foucault and Laurent Frésard
HEC Paris - Finance Department and Universita della Svizzera italiana (USI Lugano)
Downloads 578 (56,419)
Citation 33

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Corporate Investment, Managerial Learning, Peers, Informed Trading

Extending Industry Specialization through Cross-Border Acquisitions

Number of pages: 57 Posted: 02 Aug 2014 Last Revised: 04 Nov 2016
Laurent Frésard, Ulrich Hege and Gordon M. Phillips
Universita della Svizzera italiana (USI Lugano), Toulouse School of Economics and Dartmouth College - Tuck School of Business
Downloads 445 (77,281)

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Extending Industry Specialization Through Cross-Border Acquisitions

NBER Working Paper No. w22848
Number of pages: 58 Posted: 21 Nov 2016
Laurent Frésard, Ulrich Hege and Gordon M. Phillips
Universita della Svizzera italiana (USI Lugano), Toulouse School of Economics and Dartmouth College - Tuck School of Business
Downloads 19 (641,583)
Citation 4

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Does Alternative Data Improve Financial Forecasting? The Horizon Effect

HEC Paris Research Paper No. FIN-2020-1402, Swiss Finance Institute Research Paper No. 20-106
Number of pages: 65 Posted: 17 Nov 2020 Last Revised: 10 Feb 2021
Olivier Dessaint, Thierry Foucault and Laurent Frésard
INSEAD, HEC Paris - Finance Department and Universita della Svizzera italiana (USI Lugano)
Downloads 410 (85,141)

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Big data, Financial analysts' forecasts, Forecasting horizon, Forecasts' informativeness, Social media

Does Alternative Data Improve Financial Forecasting? The Horizon Effect

CEPR Discussion Paper No. DP15786
Number of pages: 68 Posted: 11 Feb 2021
Olivier Dessaint, Thierry Foucault and Laurent Frésard
INSEAD, HEC Paris - Finance Department and Universita della Svizzera italiana (USI Lugano)
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Cross-Listing, Investment Sensitivity to Stock Price and the Learning Hypothesis

Number of pages: 59 Posted: 15 Sep 2010 Last Revised: 15 Mar 2013
Thierry Foucault and Laurent Frésard
HEC Paris - Finance Department and Universita della Svizzera italiana (USI Lugano)
Downloads 323 (111,891)
Citation 1

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Cross-listing, Managerial learning, Investment-to-price sensitivity, Price informativeness

Cross-Listing, Investment Sensitivity to Stock Price and the Learning Hypothesis

CEPR Discussion Paper No. DP8331
Number of pages: 58 Posted: 20 Apr 2011
Thierry Foucault and Laurent Frésard
HEC Paris - Finance Department and Universita della Svizzera italiana (USI Lugano)
Downloads 8 (728,869)
Citation 14
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Cross-listing, Investment-to-price sensitivity, Managerial learning, Price informativeness

15.

The Pernicious Effects of Contaminated Data in Risk Management

Number of pages: 43 Posted: 15 Jan 2010 Last Revised: 14 Mar 2013
Universita della Svizzera italiana (USI Lugano), HEC Paris - Finance Department and Lund University - Department of Economics
Downloads 294 (124,436)
Citation 1

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Regulatory capital, proprietary trading, backtesting, value-at-risk, profit-and-loss

Knowledge Cycles and Corporate Investment

Number of pages: 65 Posted: 11 Jul 2019 Last Revised: 29 May 2020
Maria Cecilia Bustamante, Julien Cujean and Laurent Frésard
University of Maryland - Department of Finance, Institute for Financial Management and Universita della Svizzera italiana (USI Lugano)
Downloads 246 (148,887)

Abstract:

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Investment, Experimentation, Exploration, Knowledge, Experimentation Aversion, Intangibles, Knowledge Capital

Knowledge Cycles and Corporate Investment

CEPR Discussion Paper No. DP14152
Number of pages: 66 Posted: 04 Dec 2019
Maria Cecilia Bustamante, Julien Cujean and Laurent Frésard
University of Maryland - Department of Finance, Institute for Financial Management and Universita della Svizzera italiana (USI Lugano)
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Experimentation, exploration, Information Aversion, Intangibles, investment, Knowledge

17.

Regulating Conflicts of Interest: The Effect of Sanctions and Enforcement

Review of Finance (Forthcoming)
Number of pages: 46 Posted: 19 Mar 2011 Last Revised: 31 Mar 2013
Michel Dubois, Laurent Frésard and Pascal Dumontier
University of Neuchatel - Institute of Financial Analysis, Universita della Svizzera italiana (USI Lugano) and University of Grenoble
Downloads 234 (156,758)
Citation 8

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18.

To What Extent do Cross-Listing Firms Integrate into the U.S. Environment?

Number of pages: 60 Posted: 05 Mar 2010 Last Revised: 16 Mar 2012
Carolina Salva and Laurent Frésard
University of Neuchatel and Universita della Svizzera italiana (USI Lugano)
Downloads 218 (167,758)
Citation 1

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Cross-listing, Valuation, Familiarity, Home Bias, Corporate Governance, International Finance, Financial Integration

Finance, Talent Allocation, and Growth

Number of pages: 61 Posted: 29 Jan 2018 Last Revised: 26 Sep 2018
Francesco D'Acunto and Laurent Frésard
Boston College and Universita della Svizzera italiana (USI Lugano)
Downloads 134 (256,231)

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Finance Wage Premium, Skilled Labor, Misallocation, Growth, Innovation, STEM Education, Patents, Banking Sector, Value Added, Social Value of Finance

Finance, Talent Allocation, and Growth

CESifo Working Paper Series No. 6883
Number of pages: 57 Posted: 09 Apr 2018
Francesco D'Acunto and Laurent Frésard
Boston College and Universita della Svizzera italiana (USI Lugano)
Downloads 37 (526,155)

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finance wage premium, skilled labor, misallocation, growth, innovation, banking sector

20.

Corporate Savings and Price Informativeness

Review of Finance, Forthcoming
Number of pages: 37 Posted: 09 Oct 2009 Last Revised: 15 Mar 2012
Laurent Frésard
Universita della Svizzera italiana (USI Lugano)
Downloads 118 (280,619)

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Corporate Savings, Cash Holdings, Price Informativeness, Private Information, Managerial Learning