Areas of Expertise
- Empirical Corporate Finance
- Payout Policy
- Mergers and Acquisitions
- Insider Trading
Commitment versus Financial Flexibility in Payout Decisions: Evidence from Rule 10b5-1 Preset Repurchase Plans, with Jarrad Harford and David Moore. Revision requested, Management Science.
Why do Firms Disagree with Short Sellers? Managerial Myopia versus Private Information, with Leonce Bargeron. Revision requested, Journal of Financial and Quantitative Analysis.
The Evolution of Employee Compensation, Dilution, and Payout Policy, with Kathleen Kahle, David Moore, and Alok Nemani.
Does Policy Uncertainty Affect Mergers and Acquisitions?, with Huseyin Gulen and Mihai Ion. Journal of Financial Economics, 2018, 129, 531--558.
The Timing and Source of Long-run Returns Following Repurchases, with Leonce Bargeron and Shawn Thomas, Journal of Financial and Quantitative Analysis, 2017, 52, 491--517.
The Cost of Financial Flexibility: Evidence from Share Repurchases, with Kristine Hankins and Bradford Jordan, Journal of Corporate Finance, 2016, 38, 345--362.
Mandatory Disclosure and Firm Behavior: Evidence from Share Repurchases, The Accounting Review, 2015, 90, 1333--1362.
Financial Flexibility, Risk Management, and Payout Policy, with Kristine Hankins and Jarrad Harford, Review of Financial Studies, 2014, 27, 1047--1101.
Insider Trading and Share Repurchases: Do Insiders and Firms Trade in the Same Direction? with Michael D. Ryngaert, Journal of Corporate Finance, 2013, 22, 35--53.
Repurchases, Reputation and Returns, Journal of Financial and Quantitative Analysis, 2012, 47, 469--491.