Penn State Official Sheild

Laura Casares Field
Associate Professor, Finance

Smeal College of Business
The
Pennsylvania State University

Address

311 Business Building
University
Park, PA 16802

Phone

814-865-1483

E-Mail

laurafield@psu.edu


Vita | Education | Publications | Working Papers | Courses Taught


Education

1997  Ph.D., Finance, UCLA

1991  M.B.A., UCLA

1989  B.A., Economics, UCLA


Publications

The Determinants of Corporate Board Size and Composition: An Empirical Analysis” with Audra Boone, Jonathan Karpoff and Charu Raheja, 2006, Journal of Financial Economics, forthcoming.

Does Disclosure Deter or Trigger Litigation?” with Michelle Lowry and Susan Shu, 2005, Journal of Accounting & Economics 39, 487-507.

Does Insider Trading Impair Market Liquidity? Evidence from Lockup Expirations,” with Charles Cao and Gordon Hanka, 2004, Journal of Financial and Quantitative Analysis 39, 25-46.

Takeover Defenses of IPO Firms,” with Jonathan Karpoff, 2002, Journal of Finance 57, 1857‑1889 (lead article).

·     Nominated for Brattle Prize for Best Paper in Corporate Finance published in the Journal of Finance during 2002.

·     Reprinted in Corporate Restructuring, 2005, edited by John J. McConnell and David J. Denis, Edward Elgar Publishing Ltd. (part of the series, “The International Library of Critical Writings in Financial Economics,” Volume II, Series Editor: Richard Roll), 74‑106.

The Expiration of IPO Share Lockups,” with Gordon Hanka, 2001, Journal of Finance 56, 471‑500.

·     Nominated for Brattle Prize for Best Paper in Corporate Finance published in the Journal of Finance during 2001.

 IPO Underpricing and Outside Blockholdings,” with Dennis Sheehan, 2004, Journal of Corporate Finance 10, 263-280.

“Liquidity Consequences of Lockup Expirations,” with Charles Cao and Gordon Hanka, 2005, “Stock Exchanges, IPO’s and Mutual Funds” in Financial Institutions and Services Series, E. Klein (Editor), Nova Science Publishers, Inc., 97‑128.

 “Evaluating the Impact of Relaxed Listing Requirements: Evidence from Infrastructure IPOs in Hong Kong,” with Kathryn Dewenter, 2001, Pacific Basin Finance Journal 9, 101‑117.

 “The Thrift IPO as the First Stage of Its Subsequent Sale,” with Conrad Ciccotello and Rosalind Bennett, 2001, Financial Markets, Institutions and Instruments 10, 19‑39.

“Financial Service Consolidation: The Case of Closed-End Funds,” with Conrad Cicotello and Terry Grant, 2002, Journal of Financial Service Professionals 56, 78‑85.


Working Papers and New Research

Institutional Investment in Newly Public Firms” with Michelle Lowry

 

“Founder Firms” with Audra Boone, Jonathan Karpoff and Charu Raheja


Courses Taught

Finance 407, Multinational Financial Management

Finance 597E, Corporate Finance II (Doctoral Seminar)




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