Laurent Fresard

Professor of Finance,
Universita della Svizzera italiana (USI)
Research Chair, Swiss Finance Institute
Research Fellow, CEPR


Faculty of Economics (USI)
Via G. Buffi 13
6900 Lugano, Switzerland
Email: laurent.fresard@usi.ch
Phone: +41 (058) 666 4491


My CV

Google Scholar



Publications

Does Firm Investment Respond to Peers' Investment? (with C. Bustamante)
Management Science (forthcoming)


Innovation Activities and Integration through Vertical Acquisitions (with G. Hoberg and G. Phillips)
Review of Financial Studies (forthcoming)
Oliver Williamson Award for best paper at the 2015 ISNIE Conference
(Internet Appendix)
Fresard-Hoberg-Phillips vertical Relatedness Data Library


Noisy Stock Prices and Corporate Investment (with O. Dessaint, T. Foucault, and A. Matray)
Review of Financial Studies (2019) 32, 2625-2672
VOXEU column

Corporate Strategy, Conformism, and the Stock Market (with T. Foucault)
Review of Financial Studies (2019) 32, 905-950

(Internet Appendix
VOXEU column


Extending Industry Specialization through Cross-Border Acquisitions (with U. Hege and G. Phillips)
Review of Financial Studies (2017) 30, 1539-1582

What's your Identification Strategy? Innovation in Corporate Finance Research (with D. Bowen and J. Taillard)
Management Science (2017) 63, 2529-2548
Articles classification Data 1965-2012 (xls)

How does Corporate Investment Respond to Increased Entry Threats? (with P.
Valta)
Review of Corporate Finance Studies, (2016) 5, 1-35 (Editor's Choice)
Tariff data for manufacturing industries (SIC4) - 1974-2005 (zipped file)

Learning from Peers' Stock Prices and Corporate Investment (with T. Foucault) 
Journal of Financial Economics, (2014) 111, 554-577

Regulating Conflicts of Interest: The effects of Sanctions and Enforcement (with M. Dubois and P. Dumontier) 
Review of Finance (2014) 18, 489-52
EFA/RoF Digest


Cross-Listing, Investment Sensitivity to Stock Price and the Learning Hypothesis (with T. Foucault) 
Review of Financial Studies (2012) 25, 3305-3350

The Pernicious Effect of Contaminated Data in Risk Management
(with C. Perignon and A. Wilhilmsson)
Journal of Banking and Finance (2011) 35, 2569-2584

Cash Savings and Stock Price Informativeness 
Review of Finance (2012) 16, 985-1012

The Value of Excess Cash and Corporate Governance: Evidence from U.S. Cross-Listings
(with C. Salva)
Journal of Financial Economics (2010) 98, 359-384

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

Journal of Finance (2010) 65, 1097-1122


Working Papers

Rapidly Evolving Technologies and Startup Exits (with D. Bowen and G. Hoberg)

Does Big Data Improves Financial Forecasting? The Horizon Effect (with O. Dessaint and T. Foucault)

Knowledge Cycles and Corporate Investment (with C. Bustamante and J. Cujean)

Industry Asset Revaluations around Public and Private Acquisitions (with F. Derrien, V.Slabik, and P. Valta)

Finance, Talent Allocation, and Growth (with F. D'Acunto)
Internation Banker's article