Research Papers

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Selected Papers

Please send comments to cryan@gsu.edu.

1.  Financial Advisors and Shareholder Wealth Gains in Corporate Takeovers (with J. Kale and O. Kini) published in the Journal of Financial and Quantitative Analysis, 2003, Vol. 38, No. 3, 475-501 (lead article).

2.  Out-of-Court Restructurings and the Resolution of Financial Distress:Section 3(a)(9) vs. Investment Bank Managed Exchange Offers (with R. Mooradian) -- Published in the Journal of Business, 2005, Vol. 78,  No. 5., 1593-2624

3. Who is in Whose Pocket? Director Compensation, Bargaining Power and Board Independence (with R. Wiggins) -- published in the Journal of Financial Economics, 2004, Vol. 73, No. 3, 497-525

4.  Corporate Control Mechanisms and Firm Performance: The Case of Value-Based Management Systems (with E. Trahan) -- published in the Journal of Business Finance and Accounting, 2007, Vol. 34, No. 1 & 2, 111-138

5.  Managerial Incentives and Corporate Fraud: The Sources of Incentives Matter  (with S. Johnson and Y. S. Tian) -- forthcoming in the Review of Finance (Advance Access)

6.  Corporate Governance, Debt, and Activist Institutions (with B. Ciceksever and J. Kale)

7. Learning, CEO Power, and Board-of-Director Monitoring: Evidence From CEO Tenure (with L. Wang and R. Wiggins)

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