Rachel M. Hayes

University of Utah - David Eccles School of Business

1645 E Campus Center Dr

Salt Lake City, UT 84112-9303

United States

SCHOLARLY PAPERS

26

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13,761

SSRN CITATIONS
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Top 3,613

in Total Papers Citations

344

CROSSREF CITATIONS

146

Scholarly Papers (26)

1.

The Sarbanes-Oxley Act and Firms' Going-Private Decisions

Number of pages: 39 Posted: 15 May 2004
Ellen Engel, Rachel M. Hayes and Xue Wang
University of Illinois at Chicago - College of Business Administration, University of Utah - David Eccles School of Business and Ohio State University - Fisher College of Business
Downloads 3,338 (6,704)
Citation 121

Abstract:

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Corporate governance, Sarbanes-Oxley Act, Going-private transactions

2.
Downloads 1,258 (30,512)
Citation 25

CEO Turnover and Properties of Accounting Information

Number of pages: 38 Posted: 17 Feb 2003
Ellen Engel, Rachel M. Hayes and Xue Wang
University of Illinois at Chicago - College of Business Administration, University of Utah - David Eccles School of Business and Ohio State University - Fisher College of Business
Downloads 1,258 (30,006)
Citation 25

Abstract:

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contracting, CEO turnover, executive incentives, agency theory, properties of earnings

CEO Turnover and Properties of Accounting Information

Posted: 02 Dec 2003
Ellen Engel, Rachel M. Hayes and Xue Wang
University of Illinois at Chicago - College of Business Administration, University of Utah - David Eccles School of Business and Ohio State University - Fisher College of Business

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Implicit Contracts and the Explanatory Power of Top Executive Compensation for Future Performance

Number of pages: 29 Posted: 20 Feb 1998
Rachel M. Hayes and Scott Schaefer
University of Utah - David Eccles School of Business and University of Utah - Department of Finance
Downloads 1,250 (30,287)
Citation 30

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Implicit Contracts and the Explanatory Power of Top Executive Compensation for Future Performance

Posted: 08 Aug 2000
Rachel M. Hayes and Scott Schaefer
University of Utah - David Eccles School of Business and University of Utah - Department of Finance

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4.

Incentives and Governance in Entrepreneurial Firms

Number of pages: 49 Posted: 09 May 2001
Ellen Engel, Elizabeth A. Gordon and Rachel M. Hayes
University of Illinois at Chicago - College of Business Administration, Temple University - Department of Accounting and University of Utah - David Eccles School of Business
Downloads 1,128 (35,686)
Citation 2

Abstract:

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Initial public offerings; Governance; Performance measurement

5.

Audit Committee Compensation and the Demand for Monitoring of the Financial Reporting Process

Journal of Accounting and Economics, Forthcoming
Number of pages: 47 Posted: 28 Aug 2009
Ellen Engel, Rachel M. Hayes and Xue Wang
University of Illinois at Chicago - College of Business Administration, University of Utah - David Eccles School of Business and Ohio State University - Fisher College of Business
Downloads 1,091 (37,429)
Citation 13

Abstract:

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audit committees, board of director compensation, audit fees

6.

Stock Options and Managerial Incentives for Risk-Taking: Evidence from FAS 123R

Journal of Financial Economics 105 (2012) 174 - 190
Number of pages: 59 Posted: 18 Mar 2010 Last Revised: 14 Apr 2015
Rachel M. Hayes, Michael L. Lemmon and Mingming Qiu
University of Utah - David Eccles School of Business, University of Utah - Department of Finance and Michigan State University - Department of Finance
Downloads 1,057 (39,180)
Citation 99

Abstract:

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Compensation, Incentives, Corporate governance, FAS 123R

7.

CEO Pay and the Lake Wobegon Effect

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 26 Posted: 01 Mar 2007 Last Revised: 08 Jan 2009
Scott Schaefer and Rachel M. Hayes
University of Utah - Department of Finance and University of Utah - David Eccles School of Business
Downloads 1,028 (40,758)
Citation 21

Abstract:

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Executive Compensation, Asymmetric Information, Corporate Governance

8.

Performance-Contingent Executive Compensation and Managerial Behavior

Number of pages: 47 Posted: 06 Nov 2014 Last Revised: 10 Dec 2015
Texas Christian University, University of Utah - David Eccles School of Business and Texas Christian University - M.J. Neeley School of Business
Downloads 792 (58,428)
Citation 4

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Performance-based awards, executive compensation, discretionary accruals, real earnings management, earnings management, CEO pay

9.

Growth Matters: Disclosure and Risk Premium

The Accounting Review, 2022, 97 (4), 259–286
Number of pages: 51 Posted: 02 Aug 2016 Last Revised: 12 Oct 2022
Atif Ellahie, Rachel M. Hayes and Marlene Plumlee
University of Utah - David Eccles School of Business, University of Utah - David Eccles School of Business and University of Utah - School of Accounting
Downloads 477 (111,050)

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expected returns; risk premium; cost of capital; growth; voluntary disclosure; mandatory disclosure

Voice of the Customers: Local Trust Culture and Consumer Complaints to the CFPB

Number of pages: 54 Posted: 06 Nov 2017 Last Revised: 09 Apr 2021
Rachel M. Hayes, Feng Jiang and Yihui Pan
University of Utah - David Eccles School of Business, University at Buffalo - School of Management and University of Utah - Department of Finance
Downloads 445 (119,206)

Abstract:

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Culture; Trust; Consumer Financial Protection Bureau

Voice of the Customers: Local Trust Culture and Consumer Complaints to the CFPB

Journal of Accounting Research, Volume 59, Issue 3, 2021
Posted: 25 Jun 2021
Rachel M. Hayes, Feng Jiang and Yihui Pan
University of Utah - David Eccles School of Business, University at Buffalo - School of Management and University of Utah - Department of Finance

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culture; trust; Consumer Financial Protection Bureau; bank fees

11.

Stability of Top Management Teams

Number of pages: 44 Posted: 25 May 2002
Rachel M. Hayes, Paul Oyer and Scott Schaefer
University of Utah - David Eccles School of Business, Stanford Graduate School of Business and University of Utah - Department of Finance
Downloads 442 (121,476)
Citation 7

Abstract:

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executive turnover

12.

Financial Distress Risk and New CEO Compensation

Management Science
Number of pages: 51 Posted: 13 Jun 2015
INSEADINSEAD, University of Utah - David Eccles School of Business and Arizona State University (ASU) - W. P. Carey School of Business, School of Accountancy
Downloads 248 (226,125)
Citation 10

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CEO compensation, compensation premium, CEO incentives, financial distress risk

13.

Deregulation and Board Policies: Evidence from Performance and Risk Exposure Measures Used in Bank CEO Turnover Decisions

Forthcoming in The Accounting Review, Forthcoming in The Accounting Review
Number of pages: 54 Posted: 11 Jan 2019 Last Revised: 01 Sep 2022
Rachel M. Hayes, Xiaoli (Shaolee) Tian and Xue Wang
University of Utah - David Eccles School of Business, Georgetown University - Department of Accounting and Business Law and Ohio State University - Fisher College of Business
Downloads 237 (236,385)

Abstract:

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CEO Turnover, Deregulation, Growth

Co-Worker Complementarity and the Stability of Top Management Teams

Stanford GSB Research Paper No. 1846
Number of pages: 36 Posted: 18 Mar 2004
Paul Oyer, Scott Schaefer and Rachel M. Hayes
Stanford Graduate School of Business, University of Utah - Department of Finance and University of Utah - David Eccles School of Business
Downloads 171 (318,393)
Citation 7

Abstract:

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complementarity, economics of organizations, turnover

Co-Worker Complemetarity and the Stability of Top Management Teams

NBER Working Paper No. w10350
Number of pages: 36 Posted: 18 Mar 2004 Last Revised: 14 Oct 2022
Rachel M. Hayes, Paul Oyer and Scott Schaefer
University of Utah - David Eccles School of Business, Stanford Graduate School of Business and University of Utah - Department of Finance
Downloads 49 (727,656)

Abstract:

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Co-Worker Complementarity and the Stability of Top Management Teams

Journal of Law, Economics, and Organization, Vol. 22, No. 1, Spring 2006
Posted: 22 Oct 2005
Rachel M. Hayes, Paul Oyer and Scott Schaefer
University of Utah - David Eccles School of Business, Stanford Graduate School of Business and University of Utah - Department of Finance

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15.

Shareholder Lawsuits and CEO Turnover Decisions

Number of pages: 39 Posted: 15 Dec 2020 Last Revised: 31 Dec 2020
Rachel M. Hayes, Xiaoxia Peng and Xue Wang
University of Utah - David Eccles School of Business, University of Utah - David Eccles School of Business and Ohio State University - Fisher College of Business
Downloads 219 (255,952)
Citation 1

Abstract:

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CEO Turnover, Shareholder Litigation

16.

COVID Racial Disparities in Financial Complaints and the Role of Corporate Social Attitudes

Number of pages: 99 Posted: 01 Nov 2021 Last Revised: 30 Jan 2023
Rachel M. Hayes, Feng Jiang, Yihui Pan and Huayi Tang
University of Utah - David Eccles School of Business, University at Buffalo - School of Management, University of Utah - Department of Finance and University of Utah - David Eccles School of Business
Downloads 169 (323,468)
Citation 1

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racial disparity; corporate culture; corporate social responsibility; COVID; CFPB

17.

Mitigating Adverse Selection in M&A:Contract Structures versus Intermediaries

Number of pages: 44 Posted: 01 Aug 2018 Last Revised: 03 Aug 2021
Rachel M. Hayes and Mark Jansen
University of Utah - David Eccles School of Business and University of Utah - Department of Finance
Downloads 104 (470,185)
Citation 1

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information asymmetry, M&A, private equity, seller financing, SBA

18.

Discussion of 'The Revolving Door and the SEC's Enforcement Outcomes: Initial Evidence from Civil Litigation' by deHaan, Kedia, Koh, and Rajgopal (2015)

Number of pages: 20 Posted: 30 Jul 2015
Rachel M. Hayes
University of Utah - David Eccles School of Business
Downloads 97 (493,011)
Citation 2

Abstract:

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SEC, enforcement, revolving door, financial reporting, human capital

19.

Institutional mobility in global capital markets

European Corporate Governance Institute – Finance Working Paper No. 932/2023
Number of pages: 53 Posted: 13 Sep 2023
Rachel M. Hayes and Roger Silvers
University of Utah - David Eccles School of Business and University of Utah
Downloads 93 (506,544)

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cross-border cooperation, M&A, regulatory networks, institutions, enforcement, legal frictions

20.

Personal Bankruptcy Costs, Union Bargaining Power, and Capital Structure

Number of pages: 59 Posted: 05 Dec 2023
Joseph T. Halford, Rachel M. Hayes and Valeriy Sibilkov
University of Nevada, Reno, University of Utah - David Eccles School of Business and University of Wisconsin - Milwaukee - Department of Finance
Downloads 34 (825,142)

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Capital structure, Personal bankruptcy costs, BAPCPA, Union bargaining power

21.

Discussion of 'Unintended Consequences of Granting Small Firms Exemptions from Securities Regulation: Evidence from the Sarbanes-Oxley Act'

Number of pages: 17 Posted: 29 Apr 2009
Rachel M. Hayes
University of Utah - David Eccles School of Business
Downloads 34 (817,230)

Abstract:

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22.

Discussion of 'Audit Committee Financial Expertise and Earnings Management: The Role of Status' by Badolato, Donelson, and Ege

Journal of Accounting and Economics, Volume 58, No. 2-3, November/December 2014 Forthcoming
Posted: 13 Aug 2014
Rachel M. Hayes
University of Utah - David Eccles School of Business

Abstract:

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audit committees, earnings management, status, financial expertise

23.

Voluntary Environmental Disclosure Quality and Firm Value: Further Evidence

Posted: 21 Jan 2011
University of Utah - School of Accounting, Portland State University - School of Business Administration, University of Utah - David Eccles School of Business and Portland State University - School of Business Administration

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24.

Coworker Complementarity and the Stability of Top-Management Teams

Journal of Law, Economics, and Organization, Vol. 22, No. 1, pp. 184-212, 2006
Posted: 29 Feb 2008
Rachel M. Hayes, Paul Oyer and Scott Schaefer
University of Utah - David Eccles School of Business, Stanford Graduate School of Business and University of Utah - Department of Finance

Abstract:

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25.

Segment Reporting to the Capital Market in the Presence of a Competitor

JOURNAL OF ACCOUNTING RESEARCH, Vol 34, No 2, Autumn 1996
Posted: 04 May 1998
Rachel M. Hayes and Russell J. Lundholm
University of Utah - David Eccles School of Business and University of British Columbia - Sauder School of Business

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How Much are Differences in Managerial Ability Worth?

Posted: 07 Jul 1997
Rachel M. Hayes and Scott Schaefer
University of Utah - David Eccles School of Business and University of Utah - Department of Finance

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How Much are Differences in Managerial Ability Worth?

Journal of Accounting and Economics, Vol. 27, Iss. 2, April 1999
Posted: 14 Jan 1999
Rachel M. Hayes and Scott Schaefer
University of Utah - David Eccles School of Business and University of Utah - Department of Finance

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