Kevin Tseng

TL;DR: This article found that multinational firms that were eligible to repatriate (and indeed repatriated) cash to the United States under the American Jobs Creation Act (AJCA) generate less valuable patents than otherwise similar firms.

TL;DR: This article found that multinational firms that were eligible to repatriate (and indeed repatriated) cash to the US under the American Jobs Creation Act generate less valuable patents than otherwise similar firms They also conduct more exploratory activities This effect only exists among firms in less competitive industries, firms with lower institutional ownership, and firms with overconfident CEOs.

TL;DR: In this paper, the authors examined the information diffusion of firms in investor networks and found that central investors trade earlier and are more profitable than peripheral investors, and that centralized firms experience less delay in prices, and therefore demand lower price delay premiums than peripheral firms.

TL;DR: In this paper, the authors study the role of speculative stock prices in corporate short-termism and find that longer CEO compensation duration leads to longer CEO investment horizons, less over-investment, and less earnings management.