Garry J. Twite

University of Melbourne - Department of Finance

Faculty of Economics and Commerce

Parkville, Victoria 3010 3010

Australia

University of Melbourne - Faculty of Business and Economics

Department of Finance

Melbourne, VIC 3010

Australia

Financial Research Network (FIRN)

C/- University of Queensland Business School

St Lucia, 4071 Brisbane

Queensland

Australia

SCHOLARLY PAPERS

21

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15,301

SSRN CITATIONS
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SSRN RANKINGS

Top 2,223

in Total Papers Citations

485

CROSSREF CITATIONS

324

Scholarly Papers (21)

An International Comparison of Capital Structure and Debt Maturity Choices

AFA 2005 Philadelphia Meetings
Number of pages: 55 Posted: 27 Dec 2004 Last Revised: 04 Oct 2011
Joseph P. H. Fan, Garry J. Twite, Garry J. Twite and Sheridan Titman
The Chinese University of Hong Kong (CUHK) - School of Accountancy, University of Melbourne - Faculty of Business and EconomicsUniversity of Melbourne - Department of Finance and University of Texas at Austin - Department of Finance
Downloads 6,480 (2,219)
Citation 46

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Capital structure, Debt maturity

An International Comparison of Capital Structure and Debt Maturity Choices

NBER Working Paper No. w16445
Number of pages: 56 Posted: 12 Oct 2010 Last Revised: 09 Jun 2023
Joseph P. H. Fan, Sheridan Titman, Garry J. Twite and Garry J. Twite
The Chinese University of Hong Kong (CUHK) - School of Accountancy, University of Texas at Austin - Department of Finance and University of Melbourne - Faculty of Business and EconomicsUniversity of Melbourne - Department of Finance
Downloads 179 (315,824)
Citation 9

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Downloads 1,782 (18,733)
Citation 265

Why Do Firms Hold so Much Cash? A Tax-Based Explanation

AFA 2006 Boston Meetings Paper
Number of pages: 44 Posted: 03 Feb 2005
C. Fritz Foley, Jay C. Hartzell, Sheridan Titman, Garry J. Twite and Garry J. Twite
Harvard University - Business School (HBS), University of Texas at Austin - Department of Finance, University of Texas at Austin - Department of Finance and University of Melbourne - Faculty of Business and EconomicsUniversity of Melbourne - Department of Finance
Downloads 1,643 (20,874)
Citation 7

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Cash, Taxes, Repatriation

Why Do Firms Hold so Much Cash? A Tax-Based Explanation

NBER Working Paper No. w12649
Number of pages: 44 Posted: 20 Nov 2006 Last Revised: 25 Jul 2022
C. Fritz Foley, Jay C. Hartzell, Sheridan Titman, Garry J. Twite and Garry J. Twite
Harvard University - Business School (HBS), University of Texas at Austin - Department of Finance, University of Texas at Austin - Department of Finance and University of Melbourne - Faculty of Business and EconomicsUniversity of Melbourne - Department of Finance
Downloads 139 (391,497)
Citation 119

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Determinants of Dividend Policy in Chinese Firms: Cash Versus Stock Dividends

Number of pages: 43 Posted: 27 Sep 2009
Xi He, Mingsheng Li, Jing Shi, Garry J. Twite and Garry J. Twite
Australian National University, Research School of Finance, Actuarial Studies and Applied Statistics, Bowling Green State University - College of Business Administration, Macquarie University and University of Melbourne - Faculty of Business and EconomicsUniversity of Melbourne - Department of Finance
Downloads 1,722 (19,750)
Citation 1

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dividend policy, cash dividend, stock dividend, China, emerging markets

4.

Taxes and Dividend Policy Under Alternative Tax Regimes

Number of pages: 38 Posted: 22 Nov 2004
Kerry R. Pattenden, Garry J. Twite and Garry J. Twite
University of Sydney Business School and University of Melbourne - Faculty of Business and EconomicsUniversity of Melbourne - Department of Finance
Downloads 743 (65,908)
Citation 14

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Dividend policy, Taxes, Dividend imputation

REIT and Commercial Real Estate Returns: A Post Mortem of the Financial Crisis

Number of pages: 32 Posted: 25 Apr 2013
Libo Sun, Sheridan Titman, Garry J. Twite and Garry J. Twite
California State Polytechnic University, Pomona - Finance, Real Estate and Law Department, University of Texas at Austin - Department of Finance and University of Melbourne - Faculty of Business and EconomicsUniversity of Melbourne - Department of Finance
Downloads 653 (76,719)
Citation 3

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Real Estate Investment Trust, REIT, Leverage, Debt Maturity, Financial Distress, Financial Crisis

REIT and Commercial Real Estate Returns: A Post Mortem of the Financial Crisis

Real Estate Economics, Forthcoming
Posted: 02 Oct 2013
Sheridan Titman, Garry J. Twite, Garry J. Twite and Libo Sun
University of Texas at Austin - Department of Finance, University of Melbourne - Faculty of Business and EconomicsUniversity of Melbourne - Department of Finance and California State Polytechnic University, Pomona - Finance, Real Estate and Law Department

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REIT, Leverage, Debt Maturity, Financial Distress

Corporate Governance, External Market Discipline and Firm Productivity

Journal of Corporate Finance, Vol. 17, 2011
Number of pages: 15 Posted: 19 Jan 2010 Last Revised: 24 Apr 2014
Gloria Yuan Tian, Garry J. Twite and Garry J. Twite
University of Lethbridge Calgary Campus and University of Melbourne - Faculty of Business and EconomicsUniversity of Melbourne - Department of Finance
Downloads 330 (172,910)
Citation 8

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Firm productivity, corporate governance, external market discipline

Corporate Governance, External Market Discipline and Firm Productivity

Number of pages: 30 Posted: 02 May 2009 Last Revised: 24 Apr 2014
Gloria Yuan Tian, Garry J. Twite and Garry J. Twite
University of Lethbridge Calgary Campus and University of Melbourne - Faculty of Business and EconomicsUniversity of Melbourne - Department of Finance
Downloads 277 (207,920)

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Firm productivity, corporate governance, external market discipline

7.

Capital Structure, Corporate Investment, and Investor-Level Taxes: Evidence from a Natural Experiment in Europe

Number of pages: 46 Posted: 28 Mar 2017 Last Revised: 19 Jan 2023
Jonathan B. Cohn, Sheridan Titman, Garry J. Twite and Garry J. Twite
University of Texas at Austin, University of Texas at Austin - Department of Finance and University of Melbourne - Faculty of Business and EconomicsUniversity of Melbourne - Department of Finance
Downloads 442 (125,636)
Citation 9

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capital structure, corporate investment, payout policy, investor-level taxes

8.

Stock Versus Cash Dividends: Signaling or Catering

Number of pages: 49 Posted: 15 Mar 2011 Last Revised: 16 Jun 2012
Garry J. Twite, Garry J. Twite, Jing Shi, Xi He and Mingsheng Li
University of Melbourne - Faculty of Business and EconomicsUniversity of Melbourne - Department of Finance, Macquarie University, Australian National University, Research School of Finance, Actuarial Studies and Applied Statistics and Bowling Green State University - College of Business Administration
Downloads 394 (143,399)
Citation 6

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Dividend policy, stock dividend, cash dividend, signalling, China

9.

The Determinants of Office Rents and Yields: The International Evidence

Number of pages: 37 Posted: 07 Feb 2019
Jedrzej Pawel Bialkowski, Sheridan Titman, Garry J. Twite and Garry J. Twite
University of Canterbury - Department of Economics and Finance, University of Texas at Austin - Department of Finance and University of Melbourne - Faculty of Business and EconomicsUniversity of Melbourne - Department of Finance
Downloads 365 (156,169)
Citation 1

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Global Real Estate Market, Capitalization Rate, Office Rental Yield, Office Rental Rates, Financial Centres, Public Transportblic Transport

10.

Corporate Governance and the CEO Pay-Performance Link: Australian Evidence

International Review of Finance, Vol. 13, 2013
Number of pages: 26 Posted: 02 Aug 2010 Last Revised: 24 Apr 2014
Emma Schultz, Gloria Yuan Tian, Garry J. Twite and Garry J. Twite
Australian National University (ANU), University of Lethbridge Calgary Campus and University of Melbourne - Faculty of Business and EconomicsUniversity of Melbourne - Department of Finance
Downloads 352 (162,504)

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Executive Compensation, Pay-Performance, Corporate Governance, Ownership Concentration, Blockholder, Board of Directors, Australia

Why Do Firms Pay Stock Dividends: Is it Just a Stock Split?

Number of pages: 48 Posted: 31 Jan 2013
Xi He, Mingsheng Li, Jing Shi, Garry J. Twite and Garry J. Twite
Australian National University, Research School of Finance, Actuarial Studies and Applied Statistics, Bowling Green State University - College of Business Administration, Macquarie University and University of Melbourne - Faculty of Business and EconomicsUniversity of Melbourne - Department of Finance
Downloads 311 (184,083)
Citation 1

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dividend policy, stock dividend, cash dividend, signaling, catering, China

Why Do Firms Pay Stock Dividends: Is it Just a Stock Split?

Australian Journal of Management, Vol. 41, No. 3, 2016
Posted: 30 Jul 2016
Xi He, Mingsheng Li, Jing Shi, Garry J. Twite and Garry J. Twite
Australian National University, Research School of Finance, Actuarial Studies and Applied Statistics, Bowling Green State University - College of Business Administration, Macquarie University and University of Melbourne - Faculty of Business and EconomicsUniversity of Melbourne - Department of Finance

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Dividend policy, stock dividend, stock split

12.

Urban Density, Law and the Duration of Real Estate Leases

Number of pages: 52 Posted: 26 Jan 2011 Last Revised: 09 Sep 2014
Garry J. Twite, Garry J. Twite and Sheridan Titman
University of Melbourne - Faculty of Business and EconomicsUniversity of Melbourne - Department of Finance and University of Texas at Austin - Department of Finance
Downloads 214 (269,080)
Citation 1

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Real estate, Lease duration, Law, Corruption, Urban density, Skyscrapers

13.

No Need for Help: The Effect of CEO Incentives on Blockholder Ownership

Proceedings of the EUROFIDAI-ESSEC Paris December Finance Meeting 2022
Number of pages: 57 Posted: 12 Aug 2022 Last Revised: 02 Jul 2024
Sheng Huang, Garry J. Twite and Garry J. Twite
Jinan University and University of Melbourne - Faculty of Business and EconomicsUniversity of Melbourne - Department of Finance
Downloads 190 (299,824)

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Blockholder, CEO Incentives, Corporate Governance

14.

Failed Bank Asset Recovery: The Influence of Deposits and Loan Exposure

Number of pages: 37 Posted: 07 Jun 2017
Shisheng Qu, Libo Sun, Garry J. Twite and Garry J. Twite
Pacific Investment Management Company (PIMCO), California State Polytechnic University, Pomona - Finance, Real Estate and Law Department and University of Melbourne - Faculty of Business and EconomicsUniversity of Melbourne - Department of Finance
Downloads 181 (313,074)

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Bank, Bank Failure, Asset Recovery Rates, FDIC, Real Estate Loans, Brokered Deposits, Financial Crisis

15.

Are PIPEs a Bet on Growth Options?

Number of pages: 40 Posted: 16 Mar 2012 Last Revised: 16 Aug 2016
Emma Schultz, Garry J. Twite and Garry J. Twite
Australian National University (ANU) and University of Melbourne - Faculty of Business and EconomicsUniversity of Melbourne - Department of Finance
Downloads 147 (373,939)
Citation 2

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private placements, private equity, PIPE securities, R&D

16.

Population Aging, Retail Investor Characteristics and Corporate Earnings Management

Number of pages: 38 Posted: 27 Jul 2022
Jin Roc Lv, Emma Schultz, Garry J. Twite and Garry J. Twite
Australian National University (ANU), Australian National University (ANU) and University of Melbourne - Faculty of Business and EconomicsUniversity of Melbourne - Department of Finance
Downloads 137 (395,198)

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Population aging; Retail investor characteristics; Earnings management; Equity home bias; Local seniors

17.

Ownership Structure and The Public / Private Equity Choice

Number of pages: 38 Posted: 19 Nov 2012 Last Revised: 07 Jul 2022
Emma Schultz, Garry J. Twite and Garry J. Twite
Australian National University (ANU) and University of Melbourne - Faculty of Business and EconomicsUniversity of Melbourne - Department of Finance
Downloads 117 (445,954)

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Equity Issuance, Private/Public Choice,Insiders, Monitors, Rights Issues

18.

Investor-Level Taxes and Corporate Dividend Policy: Evidence from a Quasi-Natural Experiment

Number of pages: 29 Posted: 11 Feb 2022 Last Revised: 29 Jul 2022
Garry J. Twite, Garry J. Twite, Jin Roc Lv and Emma Schultz
University of Melbourne - Faculty of Business and EconomicsUniversity of Melbourne - Department of Finance, Australian National University (ANU) and Australian National University (ANU)
Downloads 95 (516,611)

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Corporate dividend policy; Dividend imputation system; Franking credit refundability; Australian tax law reform

19.

The Determinants of Office Rental Yields: The International Evidence

Number of pages: 37 Posted: 18 Feb 2021
Jedrzej Pawel Bialkowski, Sheridan Titman, Garry J. Twite and Garry J. Twite
University of Canterbury - Department of Economics and Finance, University of Texas at Austin - Department of Finance and University of Melbourne - Faculty of Business and EconomicsUniversity of Melbourne - Department of Finance
Downloads 81 (570,336)

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Global real estate market, Capitalization rate, Office rental yield, Financial centers, Public Transport

20.

New Active Blockholders and Adjustment of CEO relative incentive ratios

Number of pages: 47 Posted: 10 Sep 2021 Last Revised: 30 Nov 2021
Lan Phuong Nguyen, Neal Galpin, Garry J. Twite and Garry J. Twite
Finance Department - The University of Adelaide, Monash University - Department of Banking and Finance and University of Melbourne - Faculty of Business and EconomicsUniversity of Melbourne - Department of Finance
Downloads 68 (628,636)
Citation 2

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Blockholders, CEO compensation, Inside debt

21.

Extrapolative Beliefs in Residential Real Estate Investments

Number of pages: 60 Posted: 30 May 2024
Yang Shi, Garry J. Twite, Garry J. Twite, Wayne Xinwei Wan and Liuming Yang
The University of Melbourne, University of Melbourne - Faculty of Business and EconomicsUniversity of Melbourne - Department of Finance, Monash University - Department of Banking and Finance and The Chinese University of Hong Kong (CUHK) - School of Hotel and Tourism Management
Downloads 41 (789,106)

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belief, return extrapolation, presale contract, implied volatility, loss aversion