Tuck School of Business Dartmouth College Contact Us Site Index Search Our Site Research Board Effectiveness Corporate Restructuring Global Governance Governance Investing Raising Capital Center Research
Home
About
Commentary
Programs
News and Events
Governance Sites

With its grounding in modern finance, the center's research examines key questions facing the capital markets and the investment banking industry. These key questions include how to efficiently restructure poorly performing corporations, how to raise capital on competitive terms, and how to implement optimal incentive structures at the level of both top management and the board. Research conducted by the Center is categorized into the following topics: Corporate restructuring, global governance, and raising capital.



  Governance Database
  The Center Team
  Commentary
Corporate Restructuring

Eckbo, B. Espen, and Karin S. Thorburn. "Toeholds and Fire-Sales in Bankruptcy Auctions," Working paper, Tuck School of Business at Dartmouth, 2001.

Eckbo, B. Espen, and Sandra Betton. "Toeholds, Bid Jumps, and Expected Payoffs in Takeovers," Review of Financial Studies, 13, 2000.

Eckbo, B. Espen, and Karin S. Thorburn. "Gains to Bidder Firms Revisited: Domestic and Foreign Acquisitions in Canada," Journal of Financial and Quantitative Analysis, 35, 2000.

Eckbo, B. Espen, and Thorburn, Karin S. "Are Mandatory Bankruptcy Auctions More Efficient?" in Risk Behavior and Risk Management in Business Life, Kluwer Academic Publishers, 2000.

Eckbo, B. Espen. "Mergers and the Value of Antitrust Deterrence," Journal of Finance, 47, 1992.

Eckbo, B. Espen. "Anatomy of a Takeover Defense: The Southam-Torstar Standstill Agreement," Canadian Investment Review, 4 (Fall), 1991.

Eckbo, B. Espen. "Valuation Effects of Corporate Debt Offerings," Journal of Financial Economics, 15, 1986.

Eckbo, B. Espen, Ronald Giammarino, and Robert Heinkel. "Assymetric Information and the Medium of Exchange in Takeovers: Theory and Tests," Review of Financial Studies, 3, 1990.

Eckbo, B. Espen, and Herwig Langohr. "Information Disclosure, Means of Payment, and Takeover Premiums: Public and Private Tender Offers in France," Journal of Financial Economics, 24, 1989.

Eckbo, B. Espen, and Peggy Wier. "Antitrust Policy Towards Mergers: Misguided Intervention Prevents Efficiency Gains," Simon Management Review, Summer, 1987.

Eckbo, B. Espen. "Mergers and the Market for Corporate Control: The Canadian Evidence," Canadian Journal of Economics, 19, 1986.

Eckbo, B. Espen. "Mergers and the Market Concentration Doctrine: Evidence from the Capital Market, Journal of Business, 58, 1985.

Eckbo, B. Espen, and Peggy Wier. "Antimerger Policy Under the Hart-Scott-Rodino Act: A Re-examination of the Market Power Hypothesis," Journal of Law and Economics, 28, 1985.

Eckbo, B. Espen. "Horizontal Mergers, Collusion and Stockholder Wealth," Journal of Financial Economics, 11, 1983.

Thorburn, Karin S. "Bankruptcy Auctions: Costs, Debt Recovery, and Firm Survival," Journal of Financial Economics, 58, 2000.

Thorburn, Karin S. "Cash Auction Bankruptcy: Summary of the Swedish Evidence," in Risk Behavior and Risk Management in Business Life, Kluwer Academic Publishers, 2000.

Thorburn, Karin S. "Auction Bankruptcy and the CEO," Working paper, Tuck School of Business at Dartmouth, 2000.



Global Governance

Eckbo, B. Espen, and David Smith. "The Conditional Performance of Insider Trades," Journal of Finance, 53, 1998.



Raising Capital

BÝhren, ōyvind, B. Espen Eckbo, and Dag Michalsen. "Why Underwrite Rights Offerings? Some New Evidence," Journal of Financial Economics, 46, 1997.

Eckbo, B. Espen, Ronald W. Masulis, and ōyvind Norli. "Seasoned Public Offerings: Resolution of the 'New Issues Puzzle'," Journal of Financial Economics, 56, 2000.

Eckbo, B. Espen, and ōyvind Norli. "Leverage, Liquidity, and Long-Run IPO Returns," Working paper, Tuck School of Business at Dartmouth, 2000.

Eckbo, B. Espen, and Ronald W. Masulis. "Seasoned Public Offerings: A Survey," Finance, R.A. Jarrow, V. Maksimovic, and W.T. Ziemba (eds.), Chapter 31, 1995.

Eckbo, B. Espen, and Savita Verma. "Managerial Shareownership, Voting Power, and Corporate Dividends," Journal of Corporate Finance, 1, 1994.

Eckbo, B. Espen, and Ronald W. Masulis. "Adverse Selection and the Rights Offer Paradox," Journal of Financial Economics, 32, 1992.

Eckbo, B. Espen. "Valuation Effects of Greenmail Prohibitions," Journal of Financial and Quantitative Analysis, 25, 1990.

Garcia, Diego. "Incomplete Contracts in Investment Models," Working paper, Tuck School of Business at Dartmouth, 2001.

Garcia, Diego. "Optimal Menus of Linear Contracts in Portfolio Selection Models," Working paper, Tuck School of Business at Dartmouth, 2001.

Garcia, Diego. "Retained Equity and Private Information: A Multi-Dimensional Screening Model," Working paper, Tuck School of Business at Dartmouth, 2001.

^ Back to the top