Research Interests

Corporate Governance, Ownership and Control, Corporate Social Responsibility, Private Equity, Dynamic Investment Strategies.

Publications

  • The Value of Creditor Control in Corporate Bonds, (with Edith Hotchkiss and Peter Feldhütter) [SSRN]
  •     -- Journal of Financial Economics, Volume 121, Issue 1, pages 1-27, July 2016.
          - JFE Lead Article.

  • Active Ownership, (with Elroy Dimson and Xi Li) [SSRN]
  •     -- Review of Financial Studies, Volume 28, Issue 12, pages 3225-3268, December 2015.
          - RFS Lead Article & Editor's Choice Article.
          - IRRCi Research Award - Honorable Mention, 2015.
          - Moskowitz Prize for the Best Paper in Socially Responsible Investing, 2012.

  • The Market Value of Corporate Votes: Theory and Evidence from Option Prices, (with Avner Kalay and Shagun Pant) [SSRN]
  •     -- Journal of Finance, Volume 69, Issue 3, pages 1235-1271, June 2014.

    Working Papers

  • Earnings and Control Premium, (with Umit Gurun), May 2016.
  • Staggered Boards and the Value of Voting Rights, (with Mahdi Mohseni), January 2016. [SSRN]
  •     -- Management Science, revise and resubmit.

  • CEO Turnover in LBOs: The Role of Boards, (with Francesca Cornelli), December 2015. [SSRN]
  •     -- Review of Finance, revise and resubmit.

  • Mean Reversion Between Different Classes of Shares in Dual-Class Firms: Evidence and Implications, November 2009. [pdf]
  • Are Capital Markets Color-Blind? The Impact of the Homeland Security Alert Level on Capital Markets, August 2007. [SSRN]
  • Work in Progress

  • Global Active Ownership, (with Elroy Dimson and Xi Li).
  •     -- The Risk Institute Grant, Fisher College of Business, Ohio State University, 2016.

  • Say-on-Pay and Control Premium, (with Vladimir Atanasov and Bernard Black).
  • Endogenous Risk Aversion, (with Emre Özdenören).
  • About Me

    Oğuzhan Karakaş

    Curriculum Vitae [pdf]

    SSRN Profile [Link]

    Google Scholar Profile [Link]

    ResearchGate Profile [Link]

    Contact

    Address:
    Carroll School of Management
    Fulton Hall 334
    140 Commonwealth Avenue
    Chestnut Hill, MA 02467, USA
    E-mail: oguzhan [dot] karakas [at] bc [dot] edu
    Phone: +1-617-552-1175