Patrick Verwijmeren

How Do Options Add Value? Evidence from the Convertible Bond Market*

Inmoo Lee, Rex Wang Renjie, Patrick Verwijmeren

Journal article  |  2023  |  REVIEW OF FINANCE

Abstract This paper studies the value relevance of the options market by focusing on convertible bond pricing. Pric..

Out of Sync: Dispersed Short Selling and the Correction of Mispricing

A Gargano, J Sotes-Paladino, P Verwijmeren

Journal article  |  2022  |  Journal of Financial and Quantitative Analysis

How synchronized are short sellers? We examine a unique dataset on the distribution of profits across a stock's short sellers and ..

A rundown of merger target run-ups

M Dutordoir, E Vagenas-Nanos, P Verwijmeren, B Wu

Journal article  |  2021  |  Financial Management

We provide evidence of a drastic drop in stock run-ups of U.S. target firms preceding merger and acquisition (M&A) announcements o..

Gendered Prices

Renee B Adams, Roman Kraussl, Marco Navone, Patrick Verwijmeren

Journal article  |  2021  |  REVIEW OF FINANCIAL STUDIES

We provide evidence that culture is a source of pricing bias. In a sample of 1.9 million auction transactions in 49 countries, pai..

The Earnings Expectations Game and the Dispersion Anomaly

David Veenman, Patrick Verwijmeren

Journal article  |  2021  |  MANAGEMENT SCIENCE

This study examines the role of differences in firms’ propensity to meet earnings expectations in explaining why firms with high a..

Do state visits affect cross-border mergers and acquisitions

Mark Aleksanyan, Zhiwei Hao, Evangelos Vagenas-Nanos, Patrick Verwijmeren

Journal article  |  2021  |  JOURNAL OF CORPORATE FINANCE

This paper studies the relation between state visits and cross-border merger and acquisition (M&A) activity. Based on 1161 state v..

The external financing of investment

BD Grundy, P Verwijmeren

Journal article  |  2020  |  Journal of Corporate Finance

This paper investigates the impact of investment characteristics on the financing choice. We investigate instances of seasoned equ..

Spreading the sin: An empirical assessment from corporate takeovers

M Guidi, V Sogiakas, E Vagenas-Nanos, P Verwijmeren

Journal article  |  2020  |  International Review of Financial Analysis

An acquisition of a company involved in socially undesirable activities can have important value implications. On the one hand, st..

Director attention and firm value

RW Renjie, P Verwijmeren

Journal article  |  2020  |  Financial Management

In this article, we show that exogenous director distraction affects board monitoring intensity and leads to a higher level of ina..

The fluctuating maturities of convertible bonds

P Verwijmeren, A Yang

Journal article  |  2020  |  Journal of Corporate Finance

The maturities of newly issued convertible bonds vary substantially over time. Firm-specific determinants of maturity from the str..