“Bank Loan Contracting and Corporate Diversification:
Does Organizational Structure Matter to Lenders?”, with J. Qiu and M. Rahaman,
Journal of Financial Intermediation,
Forthcoming
“Loan Collateral, Corporate Investment, and Business Cycles”, with X. Gu, J.Qiu and B. Huang, Journal of Banking & Finance, June 2014, In Press
“The
Market for CEOs: An Empirical Analysis”, with T. Lai and M.
Rahaman, Journal of Economics and Business, 67(2),
May 2013, pp. 24-54.
“Is Chapter 11
Efficient?”, with S. Zhou, Financial Management,
41(1), Spring 2012, pp. 229-253.
“Unanticipated Growth,
Tobin’s Q, and Leverage”, with J. Callen and D. Gelb,
Bridging the GAAP: Recent Advances in Accounting and Finance, I.
Venezia and Z. Weiner eds., World Scientific Publishing,
September 2011.
“Experimental Tests of
Core Theory and the Coase Theorem: Inefficiency and
Cycling”, with J. Callen and S. McCracken, Journal of
Law and Economics,
52(4),
November 2009, pp. 745-759.
“Financial Constraints
and Investment: Assessing the Impact of a World Bank Credit Program on Small
and Medium Enterprises in Sri Lanka” , with Eric
Santor, Canadian Journal of Economics, 41(2), May 2008, pp. 475-500.
“Dividend Smoothing and
Debt Ratings”, with L. Booth and S. Cleary, Journal of Financial and
Quantitative Analysis, 41(2), June 2006, pp. 439-453.
“Dividend Policy and
the Role of Contracting Environments” , with L. Booth
and S. Cleary, FSR Forum, December 2005, pp. 13-20.
“Debt Maturity
Structure and Firm Investment”, Financial Management, with Y.
Ge and J. Qiu, Winter
2005, pp. 107- 119.
“Can Corporatization
Improve the Performance of State-Owned Enterprises even without
Privatization?”, with Y. Ge and J.
Qiu, Journal of Corporate Finance, October 2005, pp.
791-808.
“The
Impact of Leverage on Firm Investment: Canadian Evidence”, with Y.
Ge and J. Qiu, Journal of
Corporate Finance,
11,
March 2005,
pp. 277-291.
“Corporate Governance
and
Manager Turnover: An Unusual Social Experiment”, with Ying
Ge and J. Qiu, Journal of Banking
and Finance, 2005, pp. 1459-1481.
“Discussion
of “Does Diversification Improve Bank Efficiency?””, proceedings of a conference
held by the Bank of Canada conference, The Evolving Financial System and Public
Policy, Bank of Canada, December 2004, pp. 128-131.
“Do
Emerging Market Firms Follow Different Dividend Policies From U.S. Firms?”, with L. Booth and S. Cleary, The Journal of Financial
Research, 26(3), September 2003, pp. 371-387.
“Dividend
Policy and the
Organization of
Capital
Markets”, with L. Booth and S. Cleary,
Journal of Multinational Financial Management, 13(2), April 2003, pp. 101-121.
“The
Core, Transaction Costs, and the Coase Theorem”, with
J. Callen, Constitutional Political Economy, 14(4),
December 2003, pp. 287-299.
“Capital
Structures in Developing Countries”, with L. Booth and V. Demirguc-Kunt
and V. Maksimovic, Journal of Finance, 56(1),
February
2001, pp.
87-130.
“Ex
Post Production Flexibility, Asset Specificity, and Financial Structure”, with
M. Berkowitz, Journal of Accounting, Auditing and Finance, 13(216), January 1998,
pp. 1-20.
“Microeconomic
Elements of Financial Liberalization: Perspectives from Finance Theory”,
Financial Reform in Developing Countries (edited by M. Fanelli
and R. Medhora), MacMillan, London, 1998, pp.
328–351.
“How
Much Does Finance Matter in East Asia?”, with J.D. Han
and W. Hejazi, Fiscal Frameworks and Financial
Systems in East Asia: How Much Do They Matter (edited by W. Dobson), University
of Toronto Press, Toronto, 1998, pp. 91-183.
“Precommitment and Financial Structure: An Analysis of the
Effects of Taxes”, with M. Berkowitz, Economica, 59,
February 1992, pp. 93-106.
“Risk
versus Return in the Substitutability of Debt and Equity Securities”, with J.
Callen, I. Krinsky and C. Kwan,
Journal of Monetary Economics, August 1990, pp. 161-178.
“The
Coase Theorem and Coalitional Stability”, with J.
Callen and I. Lipnowski,
Economica, 54(216),
1987, pp. 517-520.
“Economies
of Scale versus Technological Change in the Natural Gas Transmission Industry”,
with J. Callen, M.W.L. Chan and D.C. Mountain, Review
of Economics and Statistics, 1987, pp. 556-561.
“Miller's
Irrelevance Mechanism: A Note”, with J. Callen,
Journal of Finance, 1987, pp. 169-180.
“Taxation
and Capital Structure: A Selected Review”, with S.M. Turnbull, The Impact of
Taxation on Business Activity, edited by J. Mintz and
D. Purvis, John Deutsch Institute, Queen's University, 1987.
“International
Exchange Risk and Asset Substitutability”, with J. Callen,
I. Krinsky and C. Kwan, Journal of International
Money and Finance, 5, 1986, pp. 449-466.
“The
Demand for Risky Financial Assets Held by the U.S. Household Sector”, with J.
Callen, I. Krinsky, C. Kwan,
Quarterly Review of Economics and Business, 26 (2), 1986, pp. 47-65.
“The
Law of Contract Modifications: The Uncertain Quest for a Benchmark of
Enforceability”, with M. Penny and M. Trebilcock,
Osgoode Hall Law Journal, 22 (2), 1984, pp. 173-212.
“Mean-Variance
Utility Functions and the Demand for Risky Assets: An Empirical Analysis Using
Flexible Functional Forms”, with J. Callen, I.
Krinsky, C. Kwan, Journal of Financial and Quantitative
Analysis,
18(4),
1983,
pp. 411-424.
“Reorganization
in Bankruptcy and the Issue of Strategic Risk”, with J. Callen,
Journal of Banking and Finance, 1983,
pp.
119-133.
“Capacity
Expansion in the U.S. Natural Gas Pipeline Industry”, with J.
Callen, in Productivity Measurement in Regulated Industries
(edited by T. Cowing and R. Stevenson), New York: Academic Press, New
York, 1981.
“The
Unanimity Literature and the Security Market Line Criterion: The Additive Risk
Case”, with J. Callen, Journal of Business Finance
and Accounting,
8(2), June
1981,
pp. 177-184.
“The
Coase Theorem and The Empty
Core”, with J. Callen, Journal of Law and Economics,
24(1), April
1981, pp. 175-181.
“Corporate
Leverage and Growth: The Game-Theoretic Issues”, with J. Callen,
Journal of Financial Economics,
8(4), December
1980, pp. 379-399.
“Future
Investment Opportunities and the Value of the Call Provision on a Bond:
Comment”, with J. Callen, Journal of Finance,
35(4), September
1980,
pp. 1051-1054.
“Uncertain
Externalities, Liability Rules, and Resource Allocation: Comment”, with J.
Callen, American Economic Review,
70(5), December
1980, pp. 1058-1059.
“Investment,
Market Structure, and the Cost of Capital”, with J. Callen,
Journal of Finance,
34(1),
1979, pp. 85-92.
“A
Note on the Economics of Exhaustible Resourses”, with
J. Callen, Canadian Journal of Economics,
12(1),
1979, pp.
83-89.
“The
Demand for Assets Under Conditions of Risk: Comment”, Journal of Finance,
32(3), 1977, pp. 927-929.