Details about Thomas J Chemmanur

Access statistics for papers by Thomas J Chemmanur.

Last updated 2023-04-06. Update your information in the RePEc Author Service.

Short-id: pch362

Working Papers

2022

1. CSR and Firm Survival: Evidence from the Climate and Pandemic Crises
   Working Papers, Queen Mary University of London, School of Economics and Finance View citations (1)

2020

2. The Disappearing IPO Puzzle: New Insights from Proprietary U.S. Census Data on Private Firms
   Working Papers, U.S. Census Bureau, Center for Economic Studies View citations (3)

2016

3. How to Motivate Fundamental Innovation: Subsidies versus Prizes and the Role of Venture Capital
   Working Papers, College of Business, University of Texas at San Antonio

2012

4. A Theory of Corporate Boards and Forced CEO Turnover
   Working Papers, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University View citations (10)
   See also Journal Article A Theory of Corporate Boards and Forced CEO Turnover, Management Science, INFORMS (2018) View citations (8) (2018)
5. IPO Waves, Product Market Competition, and the Going Public Decision: Theory and Evidence
   Working Papers, U.S. Census Bureau, Center for Economic Studies View citations (2)
   See also Journal Article IPO waves, product market competition, and the going public decision: Theory and evidence, Journal of Financial Economics, Elsevier (2011) View citations (55) (2011)

2008

6. How Does Venture Capital Financing Improve Efficiency in Private Firms? A Look Beneath the Surface
   Working Papers, U.S. Census Bureau, Center for Economic Studies View citations (17)
   See also Journal Article How Does Venture Capital Financing Improve Efficiency in Private Firms? A Look Beneath the Surface, The Review of Financial Studies, Society for Financial Studies (2011) View citations (218) (2011)
7. The Going Public Decision and the Product Market
   Working Papers, U.S. Census Bureau, Center for Economic Studies View citations (16)
   See also Journal Article The Going-Public Decision and the Product Market, The Review of Financial Studies, Society for Financial Studies (2010) View citations (81) (2010)

2005

8. How is Value Created in Spin-Offs? A Look Inside the Black Box
   Working Papers, U.S. Census Bureau, Center for Economic Studies View citations (4)

2004

9. Why Issue Mandatory Convertibles? Theory and Empirical Evidence
   Econometric Society 2004 North American Winter Meetings, Econometric Society View citations (5)

1997

10. Asymmetric Information, Corporate Myopia and Implications for Capital Gain Tax Rates
    New York University, Leonard N. Stern School Finance Department Working Paper Seires, New York University, Leonard N. Stern School of Business-

1994

11. Why Include Warrants in New Equity Issues? A Theory of Unit IPOs
    Working Papers, Columbia - Graduate School of Business
    See also Journal Article Why Include Warrants in New Equity Issues? A Theory of Unit IPOs, Journal of Financial and Quantitative Analysis, Cambridge University Press (1997) View citations (31) (1997)

1992

12. Reputation, Renegotiation, and the Choice Between Bank Loans and Publicity Traded Debt
    Working Papers, Columbia - Graduate School of Business View citations (3)
    See also Journal Article Reputation, Renegotiation, and the Choice between Bank Loans and Publicly Traded Debt, The Review of Financial Studies, Society for Financial Studies (1994) View citations (257) (1994)

1991

13. Investment, Banker Reputation, Information Production, and Fnancial Intermediation
    Working Papers, Columbia - Graduate School of Business
14. Optimal Incorporation, Structure of Debt Contracts, and Limited-recourse Project Financing
    Working Papers, Columbia - Graduate School of Business
    See also Journal Article Optimal Incorporation, Structure of Debt Contracts, and Limited-Recourse Project Financing, Journal of Financial Intermediation, Elsevier (1996) View citations (33) (1996)

Journal Articles

2022

1. Top Management Team Quality and Innovation in Venture-Backed Private Firms and IPO Market Rewards to Innovative Activity
   Entrepreneurship Theory and Practice, 2022, 46, (4), 920-951
2. Why Do Firms Undertake Accelerated Share Repurchase Programs?
   Review of Corporate Finance, 2022, 2, (2), 191-234

2021

3. A model of the editorial process in academic journals
   Research Policy, 2021, 50, (9) View citations (3)
4. Cross-Border LBOs, Human Capital, and Proximity: Value Addition through Monitoring in Private Equity Investments
   Journal of Financial and Quantitative Analysis, 2021, 56, (3), 1023-1063
5. Dividends versus Stock Repurchases and Long-Run Stock Returns under Heterogeneous Beliefs
   (A theory of dividends based on tax clienteles)
   The Review of Corporate Finance Studies, 2021, 10, (3), 578-632
6. Institutional trading, information production, and forced CEO turnovers
   Journal of Corporate Finance, 2021, 67, (C) View citations (5)
7. The relationship between venture capital backing and the top management team quality of firms going public and implications for initial public offerings
   Journal of Business Venturing, 2021, 36, (6) View citations (4)
8. The role of institutional investors in corporate and entrepreneurial finance
   Journal of Corporate Finance, 2021, 66, (C) View citations (8)
9. Transforming the management and governance of private family firms: The role of venture capital
   Journal of Corporate Finance, 2021, 66, (C) View citations (10)

2020

10. How does greater bank competition affect borrower screening? Evidence from China's WTO entry
    Journal of Corporate Finance, 2020, 65, (C) View citations (9)
11. Peer Monitoring, Syndication, and the Dynamics of Venture Capital Interactions: Theory and Evidence
    Journal of Financial and Quantitative Analysis, 2020, 55, (6), 1875-1914 View citations (12)
12. RECENT DEVELOPMENTS IN THE FINTECH INDUSTRY
    Journal of Financial Management, Markets and Institutions (JFMMI), 2020, 08, (01), 1-31 View citations (9)

2019

13. Advertising, Attention, and Stock Returns
    Quarterly Journal of Finance (QJF), 2019, 09, (03), 1-51 View citations (25)
14. How Should a Firm Go Public? A Dynamic Model of the Choice between Fixed-Price Offerings and Auctions in IPOs and Privatizations*
    The Review of Corporate Finance Studies, 2019, 8, (1), 42-96
15. Is It the Investment Bank or the Investment Banker? A Study of the Role of Investment Banker Human Capital in Acquisitions
    Journal of Financial and Quantitative Analysis, 2019, 54, (2), 587-627 View citations (16)
16. Top Management Human Capital, Inventor Mobility, and Corporate Innovation
    Journal of Financial and Quantitative Analysis, 2019, 54, (6), 2383-2422 View citations (56)

2018

17. A Theory of Corporate Boards and Forced CEO Turnover
    Management Science, 2018, 64, (10), 4798-4817 View citations (8)
    See also Working Paper A Theory of Corporate Boards and Forced CEO Turnover, Working Papers (2012) View citations (10) (2012)
18. Do Antitakeover Provisions Spur Corporate Innovation? A Regression Discontinuity Analysis
    Journal of Financial and Quantitative Analysis, 2018, 53, (3), 1163-1194 View citations (68)
19. Product Market Characteristics and the Choice between IPOs and Acquisitions
    Journal of Financial and Quantitative Analysis, 2018, 53, (2), 681-721 View citations (18)

2017

20. Product market advertising, heterogeneous beliefs, and the long-run performance of initial public offerings
    Journal of Corporate Finance, 2017, 46, (C), 1-24 View citations (12)

2016

21. Do local and international venture capitalists play well together? The complementarity of local and international venture capitalists
    Journal of Business Venturing, 2016, 31, (5), 573-594 View citations (38)
22. Institutional trading, information production, and corporate spin-offs
    Journal of Corporate Finance, 2016, 38, (C), 54-76 View citations (7)
23. Underwriter networks, investor attention, and initial public offerings
    Journal of Financial Economics, 2016, 122, (2), 376-408 View citations (74)

2015

24. A Theory of Capital Structure, Price Impact, and Long-Run Stock Returns under Heterogeneous Beliefs
    The Review of Corporate Finance Studies, 2015, 4, (2), 258-320 View citations (4)
25. Institutional Investors and the Information Production Theory of Stock Splits
    Journal of Financial and Quantitative Analysis, 2015, 50, (3), 413-445 View citations (15)

2014

26. A theory of mandatory convertibles
    Journal of Banking & Finance, 2014, 42, (C), 352-370 View citations (4)
27. Communicating Private Information to the Equity Market Before a Dividend Cut: An Empirical Analysis
    Journal of Financial and Quantitative Analysis, 2014, 49, (5-6), 1167-1199 View citations (9)
28. Corporate Venture Capital, Value Creation, and Innovation
    The Review of Financial Studies, 2014, 27, (8), 2434-2473 View citations (202)
29. Entrepreneurial Finance and Innovation: An Introduction and Agenda for Future Research
    The Review of Financial Studies, 2014, 27, (1), 1-19 View citations (50)
30. The effects of corporate spin-offs on productivity
    Journal of Corporate Finance, 2014, 27, (C), 72-98 View citations (12)
31. Venture Capitalists Versus Angels: The Dynamics of Private Firm Financing Contracts
    The Review of Corporate Finance Studies, 2014, 3, (1-2), 39-86 View citations (24)

2013

32. Human capital, capital structure, and employee pay: An empirical analysis
    Journal of Financial Economics, 2013, 110, (2), 478-502 View citations (69)

2012

33. Dual class IPOs: A theoretical analysis
    Journal of Banking & Finance, 2012, 36, (1), 305-319 View citations (30)
34. Heterogeneous Beliefs, IPO Valuation, and the Economic Role of the Underwriter in IPOs
    Financial Management, 2012, 41, (4), 769-811 View citations (29)
35. What drives the valuation premium in IPOs versus acquisitions? An empirical analysis
    Journal of Corporate Finance, 2012, 18, (3), 451-475 View citations (40)
36. “Preparing” the Equity Market for Adverse Corporate Events: A Theoretical Analysis of Firms Cutting Dividends
    Journal of Financial and Quantitative Analysis, 2012, 47, (5), 933-972 View citations (5)

2011

37. A theory of equity carve-outs and negative stub values under heterogeneous beliefs
    Journal of Financial Economics, 2011, 100, (3), 616-638 View citations (8)
38. How Does Venture Capital Financing Improve Efficiency in Private Firms? A Look Beneath the Surface
    The Review of Financial Studies, 2011, 24, (12), 4037-4090 View citations (218)
    See also Working Paper How Does Venture Capital Financing Improve Efficiency in Private Firms? A Look Beneath the Surface, Working Papers (2008) View citations (17) (2008)
39. IPO waves, product market competition, and the going public decision: Theory and evidence
    Journal of Financial Economics, 2011, 101, (2), 382-412 View citations (55)
    See also Working Paper IPO Waves, Product Market Competition, and the Going Public Decision: Theory and Evidence, Working Papers (2012) View citations (2) (2012)
40. IPOs versus Acquisitions and the Valuation Premium Puzzle: A Theory of Exit Choice by Entrepreneurs and Venture Capitalists
    Journal of Financial and Quantitative Analysis, 2011, 46, (6), 1755-1793 View citations (64)
41. Institutional Trading, Information Production, and the SEO Discount: A Model of Seasoned Equity Offerings
    Journal of Economics & Management Strategy, 2011, 20, (1), 299-338 View citations (9)
42. Institutional trading, information production, and the choice between spin-offs, carve-outs, and tracking stock issues
    Journal of Corporate Finance, 2011, 17, (1), 62-82 View citations (9)
43. Management Quality and Antitakeover Provisions
    Journal of Law and Economics, 2011, 54, (3), 651 - 692 View citations (18)

2010

44. A theory of contractual provisions in leasing
    Journal of Financial Intermediation, 2010, 19, (1), 116-142 View citations (2)
45. Antitakeover provisions in corporate spin-offs
    Journal of Banking & Finance, 2010, 34, (4), 813-824 View citations (7)
46. Is dividend smoothing universal?: New insights from a comparative study of dividend policies in Hong Kong and the U.S
    Journal of Corporate Finance, 2010, 16, (4), 413-430 View citations (30)
47. Management Quality and Equity Issue Characteristics: A Comparison of SEOs and IPOs
    Financial Management, 2010, 39, (4), 1601-1642 View citations (16)
48. The Going-Public Decision and the Product Market
    The Review of Financial Studies, 2010, 23, (5), 1855-1908 View citations (81)
    See also Working Paper The Going Public Decision and the Product Market, Working Papers (2008) View citations (16) (2008)
49. The Role of Institutional Investors in Initial Public Offerings
    The Review of Financial Studies, 2010, 23, (12), 4496-4540 View citations (70)
50. Venture capital, private equity, IPOs, and banking: An introduction and agenda for future research
    Journal of Economics and Business, 2010, 62, (6), 471-476 View citations (2)
51. What Drives the Issuance of Putable Convertibles: Risk‐Shifting, Asymmetric Information, or Taxes?
    Financial Management, 2010, 39, (3), 1027-1068 View citations (3)

2009

52. Management Quality, Financial and Investment Policies, and Asymmetric Information
    Journal of Financial and Quantitative Analysis, 2009, 44, (5), 1045-1079 View citations (42)
53. Product market advertising and new equity issues
    Journal of Financial Economics, 2009, 92, (1), 40-65 View citations (48)
54. The medium of exchange in acquisitions: Does the private information of both acquirer and target matter?
    Journal of Corporate Finance, 2009, 15, (5), 523-542 View citations (33)
55. The role of institutional investors in seasoned equity offerings
    Journal of Financial Economics, 2009, 94, (3), 384-411 View citations (99)

2008

56. Competition and Cooperation among Exchanges: Effects on Corporate Cross‐Listing Decisions and Listing Standards
    Journal of Applied Corporate Finance, 2008, 20, (3), 76-90 View citations (1)

2006

57. Competition and cooperation among exchanges: A theory of cross-listing and endogenous listing standards
    Journal of Financial Economics, 2006, 82, (2), 455-489 View citations (76)

2005

58. Management quality, certification, and initial public offerings
    Journal of Financial Economics, 2005, 76, (2), 331-368 View citations (89)

2004

59. A theory of corporate spin-offs
    Journal of Financial Economics, 2004, 72, (2), 259-290 View citations (31)

2002

60. New Technologies, Financial Innovation, and Intermediation
    Journal of Financial Intermediation, 2002, 11, (1), 2-8 View citations (2)

2001

61. WHY ISSUE TRACKING STOCK? INSIGHTS FROM A COMPARISON WITH SPIN‐OFFS AND CARVE‐OUTS
    Journal of Applied Corporate Finance, 2001, 14, (2), 102-114 View citations (10)

2000

62. 2000 Journal of Financial Intermediation Symposium: New Technologies, Financial Innovation, and Intermediation: Presented by Financial Service Research Center & The Wallace E. Carroll School of Management at Boston College
    Journal of Financial Intermediation, 2000, 9, (4), 454-457

1999

63. A Theory of the Going-Public Decision
    The Review of Financial Studies, 1999, 12, (2), 249-79 View citations (182)
64. Asymmetric Information, Corporate Myopia, and Capital Gains Tax Rates: An Analysis of Policy Prescriptions
    Journal of Financial Intermediation, 1999, 8, (3), 205-231 View citations (5)

1997

65. Why Include Warrants in New Equity Issues? A Theory of Unit IPOs
    Journal of Financial and Quantitative Analysis, 1997, 32, (1), 1-24 View citations (31)
    See also Working Paper Why Include Warrants in New Equity Issues? A Theory of Unit IPOs, Working Papers (1994) (1994)

1996

66. Optimal Incorporation, Structure of Debt Contracts, and Limited-Recourse Project Financing
    Journal of Financial Intermediation, 1996, 5, (4), 372-408 View citations (33)
    See also Working Paper Optimal Incorporation, Structure of Debt Contracts, and Limited-recourse Project Financing, Working Papers (1991) (1991)

1994

67. Investment Bank Reputation, Information Production, and Financial Intermediation
    Journal of Finance, 1994, 49, (1), 57-79 View citations (260)
68. Reputation, Renegotiation, and the Choice between Bank Loans and Publicly Traded Debt
    The Review of Financial Studies, 1994, 7, (3), 475-506 View citations (257)
    See also Working Paper Reputation, Renegotiation, and the Choice Between Bank Loans and Publicity Traded Debt, Working Papers (1992) View citations (3) (1992)

1993

69. The Pricing of Initial Public Offerings: A Dynamic Model with Information Production
    Journal of Finance, 1993, 48, (1), 285-304 View citations (129)