Doug

Cook

Professor of Finance

Ehney A. Camp, Jr. Endowed Chair of Finance and Investments

Economics, Finance, & Legal Studies

Doug Cook headshot

Research Interests

Education

Ph.D., Finance, University of Texas, 1987
M.B.A., The University of Michigan
B.S., The University of Michigan

Biography

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 andQuantitative 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. Recently, Dr. Cook’s work on corporate inversions has been featured in the Harvard Law School Forum on Corporate Governance and Financial Regulation.

Selected Publications

“Fund Flow-Induced Volatility and the Cost of Debt.” (With Shikong (Scott) Luo) Journal of Banking and Finance. January 2023.
“CEO Selection and Executive Appearance.” (With Shawn Mobbs.) Journal of Financial and Quantitative Analysis. Forthcoming.
“Does Perception of Social Issues Affect Portfolio Choices? Evidence from the #MeToo Movement.” (With Shikong (Scott) Luo.) Financial Management . Summer 2022.
“Operating Lease Obligations and Corporate Cash Management.” (With Robert Kieshnick and Rabih Moussawi.) Journal of Corporate Finance. August 2021
“Are Target Leverage Ratios Stable? Investigating the Impact of Corporate Asset Restructuring.” (With Xudong Fu and Tian Tang.) Journal of Empirical Finance. 2015.
“The Effect of Liquidity and Solvency Risk on the Inclusion of Bond Covenants.” (With Xudong Fu and Tian Tang.) Journal of Banking and Finance. November 2014.
“Corporate Transparency and Firm Growth: Evidence from Real Estate Investment Trusts (REITS).” (With Heng An and Leonard Zumpano.) Real Estate Economics. Fall 2011.
“On the Insider Trading of Multi-firm Directors,” (With Huabing (Barbara) Wang.) Journal of Corporate Finance. February 2011.
“The Impact of Regulation FD On Institutional Investor Informativeness.” (With Tian Tang.) Financial Management. 2010.
“On the Decision to Go Public with Dual Class Stock.” (With Onur Arugaslan and Robert Kieschnick.) Journal of Corporate Finance. 2010.
“Macroeconomic Conditions and Capital Structure Adjustment Speed.” (With Tian Tang.) Journal of Corporate Finance. 2009.
“On the Marketing of IPOs.” (With Robert Kieschnick and Robert Van Ness.) Journal of Financial Economics. October 2006.
“Monitoring as a Motivation for IPO Underpricing.” (With Onur Arugaslan and Robert Kieschnick.) Journal of Finance. 2004.
“On the Timing and Execution of Open Market Repurchases.” (With Laurie Krigman and Chris Leach.) Review of Financial Studies. 2004.
“Safe Harbor or Smoke Screen? Compliance and Disclosure Under SEC Rule 10b-18.” (With Laurie Krigman and Chris Leach.) Journal of Business. 2003.
“Firm and Guarantor Risk, Risk Contagion and the Interfirm Spread Among Insured Deposits.” (With Lewis Spellman.) Journal of Financial and Quantitative Analysis. 1996.
“Poison Put Bonds: An Analysis of Their Economic Role.” (With John Easterwood.) Journal of Finance. 1994.

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