Details about Varouj Aram Aivazian

Access statistics for papers by Varouj Aram Aivazian.

Last updated 2023-09-08. Update your information in the RePEc Author Service.

Short-id: pai37

Working Papers

2017

1. Overinvesting via delayed exit: An empirical investigation of the cost of excessive continuation
   MPRA Paper, University Library of Munich, Germany

2003

2. Financial Constraints and Investment: Assessing the Impact of a World Bank Loan Program on Small and Medium-Sized Enterprises in Sri Lanka
   Staff Working Papers, Bank of Canada View citations (1)

1999

3. Signaling, Dividends and Financial Structure: Implications from Cross Country Comparisons
   Rotman School of Management - Finance, Rotman School of Management, University of Toronto View citations (1)

Journal Articles

2023

1. The Coase Theorem and the empty core: Inspecting the entrails after four decades
   International Review of Law and Economics, 2023, 73, (C) View citations (1)

2019

2. Does corporate diversification provide insurance against economic disruptions?
   Journal of Business Research, 2019, 100, (C), 218-233 View citations (19)

2017

3. The Coase Theorem and Core Theory
   Man and the Economy, 2017, 4, (2), 5 View citations (1)

2015

4. Bank loan contracting and corporate diversification: Does organizational structure matter to lenders?
   Journal of Financial Intermediation, 2015, 24, (2), 252-282 View citations (24)
5. Loan collateral, corporate investment, and business cycle
   Journal of Banking & Finance, 2015, 55, (C), 380-392 View citations (5)

2013

6. The market for CEOs: An empirical analysis
   Journal of Economics and Business, 2013, 67, (C), 24-54 View citations (2)

2012

7. Is Chapter 11 Efficient?
   Financial Management, 2012, 41, (1), 229-253 View citations (3)

2009

8. Experimental Tests of Core Theory and the Coase Theorem: Inefficiency and Cycling
   Journal of Law and Economics, 2009, 52, (4), 745-759 View citations (10)

2008

9. Financial constraints and investment: assessing the impact of a World Bank credit program on small and medium enterprises in Sri Lanka
   Canadian Journal of Economics, 2008, 41, (2), 475-500 View citations (9)
   Also in Canadian Journal of Economics/Revue canadienne d'économique, 2008, 41, (2), 475-500 (2008) View citations (7)

2006

10. Dividend Smoothing and Debt Ratings
    Journal of Financial and Quantitative Analysis, 2006, 41, (2), 439-453 View citations (44)

2005

11. Can corporatization improve the performance of state-owned enterprises even without privatization?
    Journal of Corporate Finance, 2005, 11, (5), 791-808 View citations (53)
12. Corporate governance and manager turnover: An unusual social experiment
    Journal of Banking & Finance, 2005, 29, (6), 1459-1481 View citations (11)
13. Debt Maturity Structure and Firm Investment
    Financial Management, 2005, 34, (4) View citations (56)
14. The impact of leverage on firm investment: Canadian evidence
    Journal of Corporate Finance, 2005, 11, (1-2), 277-291 View citations (220)

2003

15. Dividend policy and the organization of capital markets
    Journal of Multinational Financial Management, 2003, 13, (2), 101-121 View citations (30)
16. Do Emerging Market Firms Follow Different Dividend Policies From U.S. Firms?
    Journal of Financial Research, 2003, 26, (3), 371-387 View citations (109)
17. The Core, Transaction Costs, and the Coase Theorem
    Constitutional Political Economy, 2003, 14, (4), 287-299 View citations (13)

2001

18. Capital Structures in Developing Countries
    Journal of Finance, 2001, 56, (1), 87-130 View citations (720)

1990

19. Risk versus return in the substitutability of debt and equity securities
    Journal of Monetary Economics, 1990, 26, (1), 161-178 View citations (3)

1987

20. Economies of Scale versus Technological Change in the Natural Gas Transmission Industry
    The Review of Economics and Statistics, 1987, 69, (3), 556-61 View citations (20)
21. Miller's Irrelevance Mechanism: A Note
    Journal of Finance, 1987, 42, (1), 169-80 View citations (7)

1986

22. International exchange risk and asset substitutability
    Journal of International Money and Finance, 1986, 5, (4), 449-466 View citations (1)

1983

23. Core theory and uniformity in accounting: Rationalizing the accounting rulemaker
    Journal of Accounting and Public Policy, 1983, 2, (4), 225-237 View citations (2)
24. Mean-Variance Utility Functions and the Demand for Risky Assets: An Empirical Analysis Using Flexible Functional Forms
    Journal of Financial and Quantitative Analysis, 1983, 18, (4), 411-424 View citations (2)
25. Reorganization in bankruptcy and the issue of strategic risk
    Journal of Banking & Finance, 1983, 7, (1), 119-133 View citations (13)

1981

26. The Coase Theorem and the Empty Core
    Journal of Law and Economics, 1981, 24, (1), 175-81 View citations (41)

1980

27. Corporate leverage and growth the game-theoretic issues
    Journal of Financial Economics, 1980, 8, (4), 379-399 View citations (13)
28. Future Investment Opportunities and the Value of the Call Provision on a Bond: Comment
    Journal of Finance, 1980, 35, (4), 1051-54 View citations (2)
29. Uncertain Externalities, Liability Rules, and Resource Allocation: Comment
    American Economic Review, 1980, 70, (5), 1058-59 View citations (1)

1979

30. A Note on the Economics of Exhaustible Resources
    Canadian Journal of Economics, 1979, 12, (1), 83-89
31. Investment, Market Structure, and the Cost of Capital
    Journal of Finance, 1979, 34, (1), 85-92 View citations (3)

1977

32. The Demand for Assets under Conditions of Risk: Comment
    Journal of Finance, 1977, 32, (3), 927-29 View citations (1)

Chapters

2012

1. Unanticipated Growth, Tobin's Q, and Leverage
   Chapter 11 in Bridging The Gaap Recent Advances in Finance and Accounting, 2012, pp 241-281

1998

2. Microeconomic Elements and Perspectives from Finance Theory
   Palgrave Macmillan View citations (3)