William F. Maxwell

SMU - Cox School

Professor

Maguire Bldg, RM 440C

Dallas, TX, TX 75214

United States

SCHOLARLY PAPERS

20

DOWNLOADS
Rank 1,304

SSRN RANKINGS

Top 1,304

in Total Papers Downloads

18,042

CITATIONS
Rank 939

SSRN RANKINGS

Top 939

in Total Papers Citations

570

Scholarly Papers (20)

1.
Downloads 2,951 ( 2,832)
Citation 140

Corporate Governance and Firm Cash Holdings

AFA 2006 Boston Meetings Paper
Number of pages: 40 Posted: 24 Oct 2005
Jarrad Harford, Sattar Mansi and William F. Maxwell
University of Washington, Virginia Tech and SMU - Cox School
Downloads 2,951 (2,766)
Citation 140

Abstract:

Cash Holdings, Corporate Governance, Shareholder Rights

Corporate Governance and Firm Cash Holdings

Journal of Financial Economics, Forthcoming, AFA 2006 Boston Meetings Paper
Posted: 22 May 2007
Jarrad Harford, Sattar Mansi and William F. Maxwell
University of Washington, Virginia Tech and SMU - Cox School

Abstract:

Cash Holdings, Corporate Governance, Shareholder Rights

2.
Downloads 1,627 ( 7,908)
Citation 104

Does Corporate Governance Matter to Bondholders?

Number of pages: 39 Posted: 09 Apr 2004
Mark Klock, Sattar Mansi and William F. Maxwell
Independent, Virginia Tech and SMU - Cox School
Downloads 1,627 (7,785)
Citation 104

Abstract:

agency cost, antitakeover provisions, corporate governance, debt, takeover defenses

Does Corporate Governance Matter to Bondholders?

Journal of Financial and Quantitative Analysis, Forthcoming
Posted: 14 Sep 2004
Mark Klock, Sattar Mansi and William F. Maxwell
Independent, Virginia Tech and SMU - Cox School

Abstract:

Agency cost, antitakeover provisions, corporate governance, debt, takeover defenses

3.
Downloads 1,486 ( 9,163)
Citation 49

Measuring Abnormal Bond Performance

Review of Financial Studies, Forthcoming
Number of pages: 53 Posted: 19 Jan 2005 Last Revised: 17 Jul 2008
Arizona State University, University of Arizona - Department of Finance, SMU - Cox School and Gonzaga University
Downloads 1,486 (8,993)
Citation 49

Abstract:

event study, bond returns, TRACE

Measuring Abnormal Bond Performance

The Review of Financial Studies, Vol. 22, Issue 10, pp. 4219-4258, 2009
Posted: 28 Sep 2009
Arizona State University, University of Arizona - Department of Finance, SMU - Cox School and Gonzaga University

Abstract:

G12, G14

Does Auditor Quality and Tenure Matter to Investors? Evidence from the Bond Market

Number of pages: 46 Posted: 31 Mar 2003
Sattar Mansi, William F. Maxwell and Darius P. Miller
Virginia Tech, SMU - Cox School and Southern Methodist University (SMU) - Edwin L. Cox School of Business
Downloads 1,453 (9,306)
Citation 86

Abstract:

information asymmetry, bond market, audit quality, auditor tenure, mandatory rotation, insurance

Does Auditor Quality and Tenure Matter to Investors? Evidence from the Bond Market

Journal of Accounting Research, 2004
Posted: 16 Mar 2004
Sattar Mansi, William F. Maxwell and Darius P. Miller
Virginia Tech, SMU - Cox School and Southern Methodist University (SMU) - Edwin L. Cox School of Business

Abstract:

asymmetry, bond market, audit quality, auditor tenure, mandatory rotation, insurance

5.

Bankruptcy Prediction Models and the Cost of Debt

Journal of Fixed Income, Forthcoming
Number of pages: 34 Posted: 09 Jun 2010 Last Revised: 28 Feb 2012
Sattar Mansi, William F. Maxwell and Andrew (Jianzhong) Zhang
Virginia Tech, SMU - Cox School and University of Nevada, Las Vegas - Department of Finance
Downloads 1,432 (7,322)
Citation 2

Abstract:

Bankruptcy prediction models, cost of debt financing, distress risk

6.
Downloads 1,423 ( 9,828)
Citation 10

Analyst Forecast Characteristics and the Cost of Debt

Number of pages: 46 Posted: 19 Apr 2005 Last Revised: 25 Oct 2009
Sattar Mansi, William F. Maxwell and Darius P. Miller
Virginia Tech, SMU - Cox School and Southern Methodist University (SMU) - Edwin L. Cox School of Business
Downloads 1,423 (9,623)
Citation 10

Abstract:

Analyst, Information asymmetry, information risk, cost of capital, debt markets, bond markets

Analyst Forecast Characteristics and the Cost of Debt

Review of Accounting Studies, Forthcoming
Posted: 07 Jan 2010
Sattar Mansi, William F. Maxwell and Darius P. Miller
Virginia Tech, SMU - Cox School and Southern Methodist University (SMU) - Edwin L. Cox School of Business

Abstract:

Analyst forecasts, information, disclosure, cost of debt

7.

Transparency and the Corporate Bond Market

Journal of Economic Perspectives, 2008
Number of pages: 30 Posted: 10 Jan 2008
William F. Maxwell and Hendrik Bessembinder
SMU - Cox School and Arizona State University
Downloads 1,039 (14,285)
Citation 25

Abstract:

corporate bonds, transparency, TRACE

8.

The Influence of Product Market Dynamics on the Firm's Cash Holdings and Hedging Behavior

Journal of Financial Economics, Forthcoming
Number of pages: 47 Posted: 10 Mar 2005
David Haushalter, Sandy Klasa and William F. Maxwell
Pennsylvania State University - Mary Jean and Frank P. Smeal College of Business Administration, University of Arizona - Department of Finance and SMU - Cox School
Downloads 1,022 (15,006)
Citation 26

Abstract:

Cash holdings, hedging, financing constraints, risk management, intra-industry equilibrium

9.

Refinancing Risk and Cash Holdings

Journal of Finance, Forthcoming
Number of pages: 55 Posted: 18 Apr 2011 Last Revised: 31 May 2013
Jarrad Harford, Sandy Klasa and William F. Maxwell
University of Washington, University of Arizona - Department of Finance and SMU - Cox School
Downloads 985 (14,078)
Citation 7

Abstract:

Cash Holdings, Refinancing Risk, Debt Maturity

Market Transparency, Liquidity Externalities, and Institutional Trading Costs in Corporate Bonds

AFA 2006 Boston Meetings, Forthcoming
Number of pages: 54 Posted: 08 Jan 2005
Hendrik Bessembinder, William F. Maxwell and Kumar Venkataraman
Arizona State University, SMU - Cox School and Southern Methodist University (SMU) - Edwin L. Cox School of Business
Downloads 926 (18,844)
Citation 69

Abstract:

transparency, corporate bonds, trace, microstructure,

Market Transparency, Liquidity Externalities, and Institutional Trading Costs in Corporate Bonds

Journal of Financial Economics, Forthcoming
Posted: 02 Nov 2005
Hendrik Bessembinder, William F. Maxwell and Kumar Venkataraman
Arizona State University, SMU - Cox School and Southern Methodist University (SMU) - Edwin L. Cox School of Business

Abstract:

Bonds, microstructure, transparency, liquidity externalities

11.

Creditor Protection Laws and the Cost of Debt

1st Annual Conference on Empirical Legal Studies Paper, Journal of Law and Economics, Forthcoming
Number of pages: 33 Posted: 22 Mar 2006 Last Revised: 24 Mar 2009
Sattar Mansi, William F. Maxwell and John K. Wald
Virginia Tech, SMU - Cox School and University of Texas at San Antonio
Downloads 652 (30,452)
Citation 11

Abstract:

state payout restrictions, antitakeover provisions, agency cost, corporate governance

12.

The Strategic Use of Corporate Cash Holdings in Collective Bargaining with Labor Unions

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 58 Posted: 27 Apr 2007 Last Revised: 28 May 2009
Sandy Klasa, William F. Maxwell and Hernan Ortiz-Molina
University of Arizona - Department of Finance, SMU - Cox School and University of British Columbia (UBC) - Sauder School of Business
Downloads 590 (32,576)
Citation 26

Abstract:

Cash holdings, liquidity policy, hedging, labor unions

13.

On Economies of Scale and Persistent Performance in Corporate-Bond Mutual Funds

Number of pages: 59 Posted: 19 May 2008 Last Revised: 14 Dec 2009
Roberto C. Gutierrez Jr., William F. Maxwell and Danielle Xu
University of Oregon, SMU - Cox School and Gonzaga University
Downloads 399 (51,664)
Citation 1

Abstract:

mutual funds, corporate bonds, bonds, persistence

A Reexamination of the Tradeoff Between the Future Benefit and Riskiness of R&D Increases

Journal of Accounting Research, Forthcoming
Number of pages: 32 Posted: 10 Aug 2007
Allan Eberhart, William F. Maxwell and Akhtar R. Siddique
Georgetown University, SMU - Cox School and Government of the United States of America - Risk Analysis Division
Downloads 174 (142,831)
Citation 13

Abstract:

R&D Benefits and Detriments, Bonds, Agency Conflicts, Option Pricing

A Reexamination of the Tradeoff between the Future Benefit and Riskiness of R&D Increases

Number of pages: 32 Posted: 28 Jun 2007
Allan Eberhart, William F. Maxwell and Akhtar R. Siddique
Georgetown University, SMU - Cox School and Government of the United States of America - Risk Analysis Division
Downloads 127 (186,576)
Citation 13

Abstract:

R&D Benefits and Detriments, Bonds, Agency Conflicts, Option Pricing

15.

Trading Activity and Transaction Costs in Structured Credit Products

Financial Analysts Journal, Vol. 69, No. 6, 2013
Number of pages: 26 Posted: 26 Nov 2012 Last Revised: 22 Feb 2014
Hendrik Bessembinder, William F. Maxwell and Kumar Venkataraman
Arizona State University, SMU - Cox School and Southern Methodist University (SMU) - Edwin L. Cox School of Business
Downloads 211 (67,016)
Citation 1

Abstract:

ABS, MBS, Structured Products, Transparency, mortgage-backed, asset-backed

16.

Capital Commitment and Illiquidity in Corporate Bonds

Number of pages: 61 Posted: 22 Mar 2016 Last Revised: 03 Jun 2017
Arizona State University, Southern Methodist University (SMU) - Edwin L. Cox School of Business - Department of Finance, SMU - Cox School and Southern Methodist University (SMU) - Edwin L. Cox School of Business
Downloads 0 (28,955)

Abstract:

Capital commitment, corporate bonds, dealer behavior, Dodd-Frank Act, financial crisis, liquidity, microstructure, transparency, TRACE, transaction costs

17.

Does the Stock Market Underreact to R&D Increases?

Journal of Investment Management, Vol. 4, No. 1, First Quarter 2006
Posted: 22 Apr 2006
Allan Eberhart, William F. Maxwell and Akhtar R. Siddique
Georgetown University, SMU - Cox School and Government of the United States of America - Risk Analysis Division

Abstract:

R&D, market efficiency, operating performance

18.

An Examination of Long-Term Abnormal Stock Returns and Operating Performance Following R&D Increases

Journal of Finance, Vol. 59, No. 2, pp. 623-650
Posted: 01 Aug 2004
Allan Eberhart, William F. Maxwell and Akhtar R. Siddique
Georgetown University, SMU - Cox School and Government of the United States of America - Risk Analysis Division

Abstract:

R&D, market efficiency

19.

Do Spin-offs Expropriate Wealth from Bondholders?

Journal of Finance, Vol. 58, pp. 2087-2108, October 2003
Posted: 21 Oct 2003
William F. Maxwell and Ramesh P. Rao
SMU - Cox School and Oklahoma State University - Stillwater - Spears School of Business - Department of Finance

Abstract:

20.

The Wealth Effects of Repurchases on Bondholders

Journal of Finance, Vol. 58, pp. 895-920, April 2003
Posted: 03 Sep 2003
William F. Maxwell and Clifford P. Stephens
SMU - Cox School and Louisiana State University, Baton Rouge - E.J. Ourso College of Business Administration

Abstract: