shield Main CV Research Links


CEO-Board Dynamics (with John Graham and Hyunseob Kim), Journal of Financial Economics, September 2020.

Do Dividends Convey Information About Future Earnings? (with Charles Ham and Zachary Kaplan), Journal of Financial Economics, May 2020.

The Evolution of Corporate Cash (with John Graham), Review of Financial Studies, November 2018.

JACF version: The Evolution of Corporate Cash, Journal of Applied Corporate Finance 30(4), 36-60.

Do Investors Value Dividend Smoothing Stocks Differently? (with Yelena Larkin and Roni Michaely), Management Science, December 2017.

A Century of Capital Structure: The Leveraging of Corporate America (with John Graham and Michael Roberts), Journal of Financial Economics, December 2015.

JACF version: The Leveraging of Corporate America: A Long-Run Perspective on Changes in Capital Structure, Journal of Applied Corporate Finance 28, 29-37.

Do Peer Firms Affect Corporate Financial Policy? (with Michael Roberts), Journal of Finance, February 2014.

A Review of Empirical Capital Structure Research and Directions for the Future (with John Graham), Annual Review of Financial Economics 3, 2011.

Determinants of Dividend Smoothing: Empirical Evidence (with Roni Michaely), Review of Financial Studies, October 2011.

The Pecking Order, Debt Capacity, and Information Asymmetry (with Michael Roberts), Journal of Financial Economics, March 2010.

Bank Loan Supply, Lender Choice, and Corporate Capital Structure Journal of Finance, June 2009.

Do Firms Rebalance their Capital Structures? (with Michael Roberts), Journal of Finance, December 2005.

Working Papers and Works in Progress

How Does Government Borrowing Affect Corporate Financing and Investment? (with John Graham and Michael Roberts)

Analyst Coverage Networks and Corporate Financial Policies (with Armando Gomes, Radhakrishnan Gopalan and Francisco Marcet)