Laura Field

Associate Professor of Finance, Moore Faculty Fellow in Finance
Department: Finance
Office: 311 Business Building
Phone: 814-865-1483
Fax: 814-865-3362
E-mail: lcf4@psu.edu
Member of Faculty Since: 1996


Expertise

IPOs, corporate governance, repurchases, JOBS Act


Publication List

Michael Dambra, Laura Field, Matthew Gustafson, "The JOBS Act and IPO Volume: Evidence that Disclosure Costs Affect the IPO Decision", Journal of Financial Economics, 2014, Forthcoming.

Amy Dittmar, Laura Field, "Can Managers Time the Market? Evidence using Repurchase Price Data", Journal of Financial Economics, 2014, Forthcoming.

Laura Field, Michelle Lowry, Anya Mkrtchyan, "Are Busy Boards Detrimental?", Journal of Financial Economics, 2013, 109, 63-82.

Laura Field and Michelle Lowry, "Institutional versus Individual Investment in IPOs: The Importance of Firm Fundamentals", Journal of Financial and Quantitative Analysis, 2009, 44, 489-516.

Audra Boone, Laura Field, Jonathan Karpoff, and Charu Raheja, "The Determinants of Corporate Board Size and Composition: An Empirical Analysis", Journal of Financial Economics, 2007, 85, 65-101.

Laura Field, Michelle Lowry and Susan Shu, "Does Disclosure Deter or Trigger Litigation?", Journal of Accounting & Economics, 2005, 39, 47-507.

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

Laura Field and Dennis Sheehan, "IPO Underpricing and Outside Blockholdings", Journal of Corporate Finance , 2004, 10, 263-280.

Laura Field and Jonathan Karpoff, "Takeover Defenses of IPO Firms", Journal of Finance, 2002, 57, 1857-1889.

Laura Field and Gordon Hanka, "The Expiration of IPO Share Lockups", Journal of Finance, 2001, 56, 101-117.

Laura Field and Jonathan Karpoff, "Takeover Defenses of IPO Firms", (reprint), Corporate Restructuring, 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 Econom, 2005, 56, 74-106.

Conrad Ciccotello and Laura Field, "The Thrift IPO as the First Stage of Its Subsequent Sale", Financial Markets, Institutions and Instruments, 2001, 10, 19-39.

Laura Field and Kathryn Dewenter, "Evaluating the Impact of Relaxed Listing Requirements: Evidence from Infrastructure IPOs in Hong Kong", Pacific Basin Finance Journal, 2001, 9, 19-39.

Charles Cao, Laura Field, and Gordon Hanka, "Liquidity Consequences of Lockup Expirations", Chapter in 'Stock Exchanges, IPOs and Mutual Funds,' Financial Institutions and Services Series, Nova Science Publishers, 2005, 9, 97-128.


Media Mention

JOBS Act Fuels IPO Boom,  CFO.com

JOBS Act Rewards U.S. Exchanges Amid Surge of Criticism,  Bloomberg.com


Editorship

Associate Editor, Financial Management, 2006-2009


Education

Ph.D., Finance, UCLA,  1997 

MBA, Finance, UCLA,  1991 

B.A., Economics, UCLA,  1989 


Courses

FIN 407, Multinational Financial Management

FIN 597B, Corporate Finance (Doctoral Seminar)