Ph.D., Finance, University of Texas, 1987
M.B.A., The University of Michigan
B.S., The University of Michigan
Dr. Douglas Cook is Professor of Finance and Ehney A. Camp, Jr. Endowed Chair of Finance and Investments at The University of Alabama. He has published several articles in top-tier finance journals including Journal of Finance, Journal of Financial Economics, Review of Financial Studies, Journal of Financial and Quantitative Analysis, Journal of Business, and Journey of Money, Credit and Banking. His work on open market repurchases was presented at the SEC and became a factor in the SEC’s decision to change the 10b-18 disclosure rules. Dr. Cook was a Senior Fellow at the Wharton Financial Institutions Center where he worked on best practices at insurance companies and banks and reviewed the effects of privatizing FNMA and FHLMC under the Housing and Community Development Act of 1992 under the sponsorship of the Secretary of the Treasury. Dr. Cook was a Financial Economist at the Office of Thrift Supervision where he was the OTS representative for inter-agency discussions on regulation and the recourse issue. Dr. Cook has been a Director of Financial Planning and Analysis at a division of the Sara Lee Corporation and has held financial and chemical research positions at the Ford Motor Company.
CEO Performance Impact on Medical Leave Outcomes, with Weiwei Zhang, Journal of Banking and Finance Volume 154, 2023, 1-20.
Director Optimism and CEO Compensation, with Jaideep Chowdhury and Weiwei Zhang, Journal of Empirical Finance volume 72, 143-162.
Fund Flow-Induced Volatility and the Cost of Debt, with Shikong (Scott) Luo, Journal of Banking and Finance volume 146, 1-14.
Organizational Capital and Firm Risk – Testing the Outside Option, with Tony Via, Finance Research Letters volume 51, 2023, 1-8.
CEO Selection and Executive Appearance, with Shawn Mobbs, Journal of Financial and Quantitative Analysis, volume 58, 2022, 1582-1611.
Is Liquidity Endogenously Determined, with Onur Arugaslan, Journal of International Finance and Economics 21, 2021, 15-35.
CEO Option Incentives and Corporate Share Repurchases, with Weiwei Zhang, International Review of Economics & Finance volume 78, 2022, 355-376.
Operating Lease Obligations and Corporate Cash Management, with Robert Kieschnick and Rabih Moussawwi, Journal of Corporate Finance volume 69, 2021, 1-12.
Does Perception of Social Issues Affect Portfolio Choices? Evidence from the #MeToo Movement, with Shikong (Scott) Luo, Financial Management, 2021, DOI:10.1111/fima.12379.
Operating Leases, Operating Leverage, Operational Inflexibility, and Sticky Costs, with Robert Kieschnick and Rabih Moussawi, Finance Research Letters volume 31, 2019, 369-373.
On the Evolution of Corporate Capital Structures, with Daniel Arce and Robert Kieschnick, Journal of Evolutionary Economics volume 25, number 3, 2015, 561-583.
Are Target Leverage Ratios Stable? Investigating the Impact of Corporate Asset Restructuring, with Xudong Fu and Tian Tang, Journal of Empirical Finance volume 35, number 1, 2015, 150-168.
The Effect of Liquidity and Solvency Risk on the Inclusion of Bond Covenants, with Xudong Fu and Tian Tang, Journal of Banking and Finance, volume 48, Nov, 2014, 120-136.
Corporate Transparency and Firm Growth: Evidence from Real Estate Investment Trusts (REITs), with Heng An and Leonard Zumpano, Real Estate Economics volume 39, number 3, 2011, 409-600.
The Informativeness and Ability of Independent Multi-firm Directors, with Huabing (Barbara) Wang, Journal of Corporate Finance volume 17, number 1, 2011, 108-121.
The Impact of Regulation FD on Institutional Investor Informativeness, with Tian Tang, Financial Management, volume 30, number 3, 2010, 1273-1294.
On the Decision to Go Public with Dual Class Stock, with Onur Arugaslan and Robert Kieschnick, Journal of Corporate Finance volume 16, number 1, 2010, 170-181.
Macroeconomic Conditions and Capital Structure Adjustment Speed, with Tian Tang, Journal of Corporate Finance, volume 16, number 1, 2010, 73-87.
Regression Analysis of Proportions in Finance with Self Selection, with Robert Kieschnick and B.D. McCullough, Journal of Empirical Finance, volume 15, number 5, 2008, 860-867.
On the Marketing of IPOs, with Robert Kieschnick and Robert Van Ness, Journal of Financial Economics, volume 82, number 1, 2006, 35-61.
Monitoring as a Motivation for IPO Underpricing, with Onur Arugaslan and Robert Kieschnick, Journal of Finance, volume 59, number 5, 2004, 2403-2420.
On the Timing and Execution of Open Market Repurchases, with Laurie Krigman and Chris Leach, Review of Financial Studies, volume 17, number 2, 2004, 463-498.
A Study of the Corporate Governance of Thrifts, with Arthur Hogan and Robert Kieschnick, Journal of Banking and Finance, volume 28, number 6, 2004, 1247-1271.
An Analysis of SEC Guidelines for Executing Open Market Repurchases, with Laurie Krigman and Chris Leach, Journal of Business, volume 76, number 2, 2003, 289-315.
Lender Certification Premiums, with Carolin Schellhorn and Lewis Spellman, Journal of Banking and Finance, volume 27, number 8, 2003, 1561-1579.
Firm and Guarantor Risk, Risk Contagion and the Interfirm Spread Among Insured Deposits, with Lewis Spellman, Journal of Financial and Quantitative Analysis, volume 31, number 2, 1996, 265-281.
Poison Put Bonds: An Analysis of Their Economic Role, with John Easterwood, Journal of Finance, volume 49, number 5, 1994, 1905-1920.
Repudiation Risk and Restitution Costs: Toward Understanding CD Premiums and their Implications, with Lewis Spellman, Journal of Money, Credit and Banking, volume 26, number 3, 1994, 439-459.
Bondholder Wealth Effects of Management Buyouts, with John Easterwood and John Martin, Financial Management, volume 21, number 1, 1992, 102-113.
Taxpayer Resistance, Guarantee Uncertainty and Housing Finance Subsidies, with Lewis Spellman, Journal of Real Estate Finance and Economics, volume 5, number 2, 1992, 181-196.
A Comparison of the Recent Performance of Publicly Traded Real Property Portfolios and Common Stocks, with John Martin, AREUEA Journal of Real Estate Economics, volume 19, number 2, 1991, 184-212.
Federal Financial Guarantees and the Occasional Market Pricing of Default Risk: Evidence from Insured Deposits, with Lewis Spellman, Journal of Banking and Finance, volume 15, number 6, 1991, 1113-1130.
The Anatomy of the Poison Pill, with Richard MacMinn, Managerial and Decision Economics, volume 12, number 6, 1991, 481-487.
Why Do Some Companies Leave? Evidence on the Factors that Drive Inversions, with Joseph Stover, Featured in the Harvard Law School Forum on Corporate Governance and Financial Regulation, December 2017.
Loan Rates vs. Public Debt Rates: Do Loan Rates Reflect Special Values to the Borrower or Information Intensive Lending? with Lewis Spelllman, Proceedings of the Federal Reserve Bank of Chicago’s Forty Second Conference on Bank Structure and Competition, 2007, 325-348.
The Effect of Regulatory Oversight on Internal and External Mechanisms to Change Corporate Control, with Arthur Hogan and Robert Kieschnick, Proceedings of the Federal Reserve Bank of Chicago’s Thirty Second Conference on Bank Structure and Competition, 1996, 139-155.
Review of Ambrose-Warga and Cotterman-Pearce Papers, Studies on Privatizing Fannie Mae and Freddie Mac, U.S. Department of Housing and Urban Development, Washington, D.C., 1996, 211-217.
Effect of Regulatory Oversight on Corporate Control, with Arthur Hogan and Robert Kieschnick, Summary of Rethinking Bank Regulation: What Should Regulators Do?, Federal Reserve Bank of Chicago, 1996, 33-34.
Productivity and Efficiency in Insurance: An Overview of the Issues, with J David Cummins, Mimeo, The Wharton School, 1994.
Back Office Organization in Financial Institutions, with Richard Herring and Kathleen Holmes, Mimeo, The Wharton School, 1994.
The Co-insurance and Leverage Effects on Target Firm Bondholder Wealth, with John Martin, Research in Finance, volume 9, 1991, 107-129, Andrew Chen (Ed.), JAI Press Inc., Greenwich, Connecticut.
The Federal Credit Enhancement Shield and the Market Pricing of Insured Deposits, with Lewis Spellman, Abstracted in the Financial Management Collection, Winter Issue, 1990.
Reducing Default Premia on Insured Deposits: The Policy Alternatives, with Lewis Spellman, The Future of the Thrift Industry, Federal Home Loan Bank of San Francisco, 1989.