Erel, Isil; Julio, Brandon; Kim, Woojin; Weisbach, … - 2009
Management, Korea University, University of Illinois, NBER, Ohio State University, Oxford University, Seoul
National University … Choe, Masulis and Nanda (1993) and
Korajczyk and Levy (2003). To our knowledge, our paper is the first to evaluate the …