Myron B. Slovin

TL;DR: In this paper, the authors examine the value of bank durability to borrowing firms and conclude that borrowers incur significant costs in response to unanticipated reductions in bank durability and thus are bank stakeholders.

TL;DR: In this paper, the authors examine valuation effects of announcements of seasoned equity issuance and assess the impact of the choice of flotation method in the U.K. They conclude that the option to conduct placings enhances the ability of firms to signal their quality and to use a seasoned equity offering to reduce ownership concentration.

TL;DR: In this article, valuation effects on firms in the same industry as entities that are the subject of carve-outs (initial public offerings of subsidiary equity), spin-offs, and asset sell-offs) are examined.

TL;DR: In this paper, the authors examined the effect of insider ownership concentration on firm value, corporate governance, and control of public companies by examining effects of deaths of inside blockholders, and found that the death of an inside blockholder, an exogenous event, is value enhancing, reduces ownership concentration, and leads to extensive corporate control activity.

TL;DR: This article examined share price responses to announcements of bank credit agreements for exchange listed and NASDAQ firms and test whether there are systematic differences between large and small capitalization firms and found that for small firms renewal and initiations of loan agreements generate significantly positive share price effects.