Economics, Finance, & Legal Studies
Ph.D., University of Pittsburgh, 1986, Finance
Over 15,000 Google Scholar citations.
CFA Best Paper Award, JCF-York Conference on Financial Market Misconduct. (2014).
Fannie Mae Best Paper Award, Financial Management Association. (2005).
Academic Director, Financial Management Association (2009-2011).
Track Chair, FMA Annual Meetings: 2019, 2018, 2012, 2010, 2004.
Editorial Review Board Member, International Review of Finance. (2014 - Present).
Editorial Board, Journal of Corporate Finance. (2002 - 2014).
Editorial Board, Journal of Financial Research, 2006-2011.
“Peer Influence on Payout Policies.” (With B. Adhikari.) Journal of Corporate Finance. February 2018.
"Religion, Gambling Attitudes and Corporate Innovation." (With B. Adhikari.) Journal of Corporate Finance. April 2016.
"Common Advisors in Mergers and Acquisitions: Determinants and Consequences." (With T. Cooper, Q. Lian, and Q Wang.) Journal of Law and Economics. August 2013.
"Do Analyst Conflicts Matter? Evidence from Stock Recommendations." (With M. Chen.) Journal of Law and Economics. August 2008.
"Who is Afraid of Reg FD? The Behavior and Performance of Sell-side Analysts Following the SEC's Fair Disclosure Rules." (With S. Chadha and M. Chen.) Journal of Business. November 2006.
"Corporate Governance and Accounting Scandals." (With S. Chadha.) Journal of Law and Economics. October 2005.
"Do Takeover Targets Under-perform? Evidence from Operating and Stock Returns." (With J. Jaffe.) Journal of Financial and Quantitative Analysis. December 2003.
"Do Some Outside Directors Play a Political Role?" (With C. Knoeber.) Journal of Law and Economics. April 2001.
"Management Turnover and Corporate Governance Changes Following the Revelation of Fraud." (With J. Jaffe and J. Karpoff.) Journal of Law and Economics. April 1999.
"Managerial Compensation and the Threat of Takeover." (With C. Knoeber.) Journal of Financial Economics. February 1998.
"Firm Performance and Mechanisms to Control Agency Problems between Managers and Shareholders." (With C. Knoeber.) Journal of Financial and Quantitative Analysis. September 1996.
"Does Section 16b Deter Insider Trading by Target Managers?" (With J. Jaffe.) Journal of Financial Economics. October-November 1995.
"Executive Careers and Compensation Surrounding Takeover Bids." (With R. Walkling.) Journal of Finance. July 1994.
"The Post-Merger Performance of Acquiring Firms: A Re-examination of an Anomaly." (With J. Jaffe and G.N. Mandelker.) Journal of Finance. September 1992.