Part of the Lubar Research Seminar Series Speaker: Carlos Acuna, Lubar College of Business, University of Wisconsin - Milwaukee Carlos examines whether the control–cash flow rights wedge captures private benefits of control (PBC) by exploiting Chile’s adoption of the Mandatory …
Part of the Lubar Research Seminar Series Speaker: Johnathan Loudis, University of Notre Dame We construct a broad market factor (BMF) which reflects the value-weighted return on all firms in the US economy (public and private). The BMF differs from …
Part of the Lubar Research Seminar Series Speaker: Yianni Floros, Lubar College of Business, University of Wisconsin - Milwaukee If contracts are incomplete, ownership stakes between collaborating firms can help align incentives and mitigate the costs of potential future conflicts. …
Part of the Lubar Research Seminar Series Speaker: Keimei Sugiyama, University Wisconsin - Milwaukee This study examines how working parents navigate the dismantling of work-family infrastructure during extreme circumstances, drawing on interviews with 76 working parents (including 18 couples) during …
Part of the Lubar Research Seminar Series Speaker: John Huck, University Wisconsin - Milwaukee We develop a model that identifies a time-varying risk-premium for a latent stochastic discount factor (SDF) with minimal assumptions. The SDF risk-premium can be identified in …
Part of the Lubar Research Seminar Series Speaker: Giorgo Sertsios, University Wisconsin - Milwaukee Nonprofit organizations dominate the U.S. hospital sector, yet their objectives and constraints are not well understood. We shed light on these issues by studying how hospitals …
Part of the Lubar Research Seminar Series Speaker: Xuelin Li, Columbia University Employer-sponsored health insurance is the predominant coverage source for the U.S. workforce, yet the rationale behind firms' provision of these benefits remains debated. We examine two primary motivations: …
Part of the Lubar Research Seminar Series Speaker: Professor Zuguang Gao, University of California - Irvine This paper studies a long-term power purchase agreement (PPA) between a firm and a new renewable energy generator. At each time, the firm must …
Part of the Lubar Research Seminar Series Speaker: Felipe Cabezon, Virginia Tech The structure of managerial compensation, excluding CEOs, varies by ethnicity and race. Black, Hispanic, and Asian C-suite executives receive less equity-based pay than their White counterparts. As minority …