• Corporate governance, financing patterns, and the cost of capital

      Tourani Rad, A; Koerniadi, H (Center for Applied Social Sciences and Research (CASSR), 2013)
      In this paper, we examine the effects of corporate governance mechanisms on financing policies in a research setting where agency problems and external financing constraints are expected to be high and restrictive. Using ...
    • Cross border mergers and acquisitions and default risk

      Koerniadi, H; Krishnamurti, C; Tourani Rad, A (The Indonesian Financial Management Association (IFMA), 2013)
      Using a cross-country sample of mergers and acquisitions, we examine the role of cultural, institutional, geographic and managerial factors on post-merger default risk. We find that cultural factors, especially the relative ...
    • Do criminal sanctions deter insider trading?

      Gilbert, A; Frijns, B; Tourani Rad, A (Wiley, 2013)
      Many developed markets have taken what appears to be a tough stance on illegal insider trading through the use of criminal sanctions. Although criminal sanctions represent a much greater penalty than civil sanctions, the ...
    • On Intraday Relation Between the Vix and Its Futures

      Frijns, B; Tourani Rad, A; Webb, R (John Wiley & Sons, 2014)
      We study the intraday dynamics of the VIX and VIX futures for the period January 2, 2008 to December 31, 2014. Considering first the results of a Vector Autoregression (VAR) using daily data, we observe that there is some ...
    • Price discovery in US-Canadian cross-listed shares

      Gilbert, A; Frijns, BPM; Tourani Rad, A (New Zealand Finance Colloquium, 2013)
      Given the increasing integration of markets around the world, concerns have been expressed about the survival of smaller national exchanges in competition with larger, more liquid exchanges. Several theories have been put ...