Bill Francis

Rensselaer Polytechnic Institute (RPI) - Lally School of Management & Technology

110 8th St

Troy, NY 12180

United States

SCHOLARLY PAPERS

34

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14,927

TOTAL CITATIONS
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Top 2,311

in Total Papers Citations

306

Scholarly Papers (34)

Gender Differences in Financial Reporting Decision-Making: Evidence from Accounting Conservatism

Contemporary Accounting Research, Forthcoming
Number of pages: 53 Posted: 24 Nov 2009 Last Revised: 09 May 2014
Rensselaer Polytechnic Institute (RPI) - Lally School of Management & Technology, Fordham University, University of South Florida - School of Accountancy and Hong Kong Polytechnic University - School of Accounting and Finance
Downloads 1,439 (28,485)
Citation 8

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Accounting Conservatism, Gender, CFO, Risk-Averse

Gender Differences in Financial Reporting Decision-Making: Evidence from Accounting Conservatism

Contemporary Accounting Research, Vol. 32, No. 3, 2015, Bank of Finland Research Discussion Paper No. 1/2014
Number of pages: 61 Posted: 11 Jan 2014 Last Revised: 29 Sep 2015
Rensselaer Polytechnic Institute (RPI) - Lally School of Management & Technology, Fordham University, University of South Florida - School of Accountancy and Hong Kong Polytechnic University - School of Accounting and Finance
Downloads 667 (83,152)
Citation 4

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accounting conservatism, gender, CFO, risk-aversion

Gender Differences in Financial Reporting Decision-Making: Evidence from Accounting Conservatism

Bank of Finland Research Discussion Paper No. 1/2014
Number of pages: 61 Posted: 21 Oct 2015 Last Revised: 04 Jun 2016
Rensselaer Polytechnic Institute (RPI) - Lally School of Management & Technology, Fordham University, University of South Florida - School of Accountancy and Hong Kong Polytechnic University - School of Accounting and Finance
Downloads 172 (368,849)
Citation 83

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Gender Differences in Financial Reporting Decision-Making: Evidence from Accounting Conservatism

Number of pages: 51 Posted: 18 Mar 2009
Rensselaer Polytechnic Institute (RPI) - Lally School of Management & Technology, Fordham University, University of South Florida - School of Accountancy and Hong Kong Polytechnic University - School of Accounting and Finance
Downloads 140 (439,651)
Citation 7

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Financial reporting; Gender; Conservatism; CFO; Risk-averse

Professors in the Boardroom and their Impact on Corporate Governance and Firm Performance

Financial Management, Forthcoming
Number of pages: 55 Posted: 28 Feb 2013 Last Revised: 11 Jun 2014
Bill Francis, Iftekhar Hasan and Qiang Wu
Rensselaer Polytechnic Institute (RPI) - Lally School of Management & Technology, Fordham University and Hong Kong Polytechnic University - School of Accounting and Finance
Downloads 997 (48,429)

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Academic directors; Professors; Firm performance; Advising; Monitoring

Professors in the Boardroom and Their Impact on Corporate Governance and Firm Performance

Financial Management, Volume 44, Issue 3, 1 September 2015, Pages 547-581 , Bank of Finland Research Discussion Paper No. 15/2014
Number of pages: 59 Posted: 01 Aug 2014 Last Revised: 29 Sep 2015
Bill Francis, Iftekhar Hasan and Qiang Wu
Rensselaer Polytechnic Institute (RPI) - Lally School of Management & Technology, Fordham University and Hong Kong Polytechnic University - School of Accounting and Finance
Downloads 594 (96,455)
Citation 23

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academic directors, professors, firm performance, advising, monitoring

Professors in the Boardroom and Their Impact on Corporate Governance and Firm Performance

Bank of Finland Research Discussion Paper No. 15/2014
Number of pages: 59 Posted: 21 Oct 2015 Last Revised: 04 Jun 2016
Bill Francis, Iftekhar Hasan and Qiang Wu
Rensselaer Polytechnic Institute (RPI) - Lally School of Management & Technology, Fordham University and Bank of Finland
Downloads 267 (241,751)
Citation 5

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Downloads 1,755 (21,451)
Citation 23

Managerial Ability and Tax Aggressiveness

China Accounting and Finance Review, 24(1)
Number of pages: 43 Posted: 02 Nov 2013 Last Revised: 18 Apr 2022
Bill Francis, Xian Sun, Chia-Hsiang Weng and Qiang Wu
Rensselaer Polytechnic Institute (RPI) - Lally School of Management & Technology, Johns Hopkins University - Carey Business School, National Chengchi University (NCCU) - Department of Accounting and Hong Kong Polytechnic University - School of Accounting and Finance
Downloads 1,669 (22,755)
Citation 22

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Managerial Ability; Tax Avoidance; Tax Aggressiveness

Managerial Ability and Tax Aggressiveness

China Accounting & Finance Review, Vol. 24, No. 1, 2022
Number of pages: 23 Posted: 11 Aug 2023
Bill Francis, Xian Sun, Chia-Hsiang Weng and Qiang Wu
Rensselaer Polytechnic Institute (RPI) - Lally School of Management & Technology, Johns Hopkins University - Carey Business School, National Chengchi University (NCCU) - Department of Accounting and Hong Kong Polytechnic University - School of Accounting and Finance
Downloads 86 (631,864)
Citation 1

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Managerial ability, Tax aggressiveness, Investment opportunities, Reputation costs

Are Female CFOs Less Tax Aggressive? Evidence from Tax Aggressiveness

Journal of American Taxation Association, Forthcoming, Bank of Finland Research Discussion Paper No. 16/2014, Fordham University Schools of Business Research Paper No. 2474543
Number of pages: 52 Posted: 01 Aug 2014
Bill Francis, Iftekhar Hasan, Qiang Wu and Meng Yan
Rensselaer Polytechnic Institute (RPI) - Lally School of Management & Technology, Fordham University, Hong Kong Polytechnic University - School of Accounting and Finance and Fordham University - Gabelli School of Business
Downloads 776 (68,219)
Citation 11

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tax aggressiveness, tax avoidance, gender, CFO, risk-aversion

Are Female CFOs Less Tax Aggressive? Evidence from Tax Aggressiveness

Journal of American Taxation Association, Forthcoming, Fordham University Schools of Business Research Paper No. 2428541
Number of pages: 47 Posted: 25 Apr 2014 Last Revised: 05 Jun 2014
Bill Francis, Iftekhar Hasan, Qiang Wu and Meng Yan
Rensselaer Polytechnic Institute (RPI) - Lally School of Management & Technology, Fordham University, Hong Kong Polytechnic University - School of Accounting and Finance and Fordham University - Gabelli School of Business
Downloads 572 (101,259)
Citation 22

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Tax aggressiveness, Tax avoidance, Gender, CFO, Risk-aversion

The Benefits of Conservative Accounting to Shareholders: Evidence from the Financial Crisis

Bank of Finland Research Discussion Paper No. 8/2013
Number of pages: 47 Posted: 09 Jul 2013
Bill Francis, Iftekhar Hasan and Qiang Wu
Rensselaer Polytechnic Institute (RPI) - Lally School of Management & Technology, Fordham University and Hong Kong Polytechnic University - School of Accounting and Finance
Downloads 766 (69,414)
Citation 44

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accounting conservatism, shareholder value, financial crisis

The Benefits of Conservative Accounting to Shareholders: Evidence from the Financial Crisis

Accounting Horizons, 2013, 27(2): 319-346
Posted: 09 Dec 2011 Last Revised: 17 Jun 2013
Qiang Wu, Bill Francis and Iftekhar Hasan
Hong Kong Polytechnic University - School of Accounting and Finance, Rensselaer Polytechnic Institute (RPI) - Lally School of Management & Technology and Fordham University

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accounting conservatism, shareholder value, financial crisis

The Impact of CFO Gender on Bank Loan Contracting

Journal of Accounting, Auditing and Finance, Forthcoming
Number of pages: 49 Posted: 21 Apr 2011
Qiang Wu, Bill Francis and Iftekhar Hasan
Hong Kong Polytechnic University - School of Accounting and Finance, Rensselaer Polytechnic Institute (RPI) - Lally School of Management & Technology and Fordham University
Downloads 444 (138,232)

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CFO, Gender, Bank Loans

7.

Do Activist Hedge Funds Target Female CEOs? The Role of CEO Gender in Hedge Fund Activism

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 53 Posted: 05 Aug 2017 Last Revised: 19 Aug 2020
Rensselaer Polytechnic Institute (RPI) - Lally School of Management & Technology, Fordham University, Cleveland State University - Monte Ahuja College of Business and Hong Kong Polytechnic University - School of Accounting and Finance
Downloads 652 (86,795)
Citation 1

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Hedge fund activism; Female CEOs; Leadership style; Communication; Cooperation.

8.

More than Connectedness – Heterogeneity of CEO Social Network and Firm Value

Bank of Finland Research Discussion Paper No. 26/2012
Number of pages: 60 Posted: 10 Nov 2012
Yiwei Fang, Bill Francis and Iftekhar Hasan
Rensselaer Polytechnic Institute (RPI) - Lally School of Management & Technology, Rensselaer Polytechnic Institute (RPI) - Lally School of Management & Technology and Fordham University
Downloads 524 (114,441)
Citation 2

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CEO, social networks, corporate finance policy decisions, firm value

Corporate Boards and Bank Loan Contracting

Journal of Financial Research, Forthcoming
Number of pages: 46 Posted: 10 Dec 2011
Hong Kong Polytechnic University - School of Accounting and Finance, Rensselaer Polytechnic Institute (RPI) - Lally School of Management & Technology, Fordham University and Halle Institute for Economic Research
Downloads 266 (242,611)

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Bank loan contracting, Boards of directors, Board independence, Monitoring

10.

The Cost of Privacy Failures: Evidence from Bank Depositors’ Reactions to Breaches

Number of pages: 55 Posted: 07 Jul 2020 Last Revised: 15 Jun 2022
Christian Engels, Bill Francis and Dennis Philip
University of St Andrews Business School, Rensselaer Polytechnic Institute (RPI) - Lally School of Management & Technology and Durham University Business School
Downloads 397 (158,894)

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privacy, cyber-security, data breaches, banks, deposit institutions, depositors

11.

Managerial Ability and Value Relevance of Earnings

China Accounting and Finance Review, Forthcoming
Number of pages: 60 Posted: 05 Mar 2020
Rensselaer Polytechnic Institute (RPI) - Lally School of Management & Technology, Fordham University, Long Island University and Hong Kong Polytechnic University - School of Accounting and Finance
Downloads 356 (179,377)

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Managerial Ability, Value Relevance, Corporate Governance, Market Power

12.

Do Corporate Boards Matter During the Current Financial Crisis?

Review of Financial Economics, Forthcoming
Number of pages: 47 Posted: 29 Feb 2012
Qiang Wu, Bill Francis and Iftekhar Hasan
Hong Kong Polytechnic University - School of Accounting and Finance, Rensselaer Polytechnic Institute (RPI) - Lally School of Management & Technology and Fordham University
Downloads 347 (184,430)
Citation 2

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Financial crisis, Boards of directors, Independence, Financial experts, Firm performance

13.

Climate Risks and Debt Specialization

Number of pages: 49 Posted: 08 Sep 2022 Last Revised: 31 Oct 2022
Rensselaer Polytechnic Institute (RPI) - Lally School of Management & Technology, Fordham University, University of Aberdeen, St John's University and St. John's University - Department of Economics and Finance
Downloads 343 (186,822)

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Corporate Debt; Climate Change; Corporate Social Responsibility

14.

Urban Agglomeration and CEO Compensation

Bank of Finland Research Discussion Paper No. 17/2012
Number of pages: 68 Posted: 04 Jul 2012
Rensselaer Polytechnic Institute (RPI) - Lally School of Management & Technology, Fordham University, New York University (NYU) - Leonard N. Stern School of Business and Fordham University - Gabelli School of Business
Downloads 336 (190,940)
Citation 22

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agglomeration, CEO, compensation, incentive, geography

15.

The Impact of Political Uncertainty on Institutional Ownership

Bank of Finland Research Discussion Paper No. 27/2013
Number of pages: 59 Posted: 22 Nov 2013
Bill Francis, Iftekhar Hasan and Yun Zhu
Rensselaer Polytechnic Institute (RPI) - Lally School of Management & Technology, Fordham University and St. John's University - Department of Economics and Finance
Downloads 293 (221,072)
Citation 3

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political uncertainty, presidential election, institutional investor, investment

16.

Externality of Stock Liquidity to the Cost of Borrowing

BAFFI CAREFIN Centre Research Paper No. 2016-42
Number of pages: 51 Posted: 16 Nov 2016
Rensselaer Polytechnic Institute (RPI) - Lally School of Management & Technology, Fordham University, Rensselaer Polytechnic Institute (RPI) and Fordham University - Gabelli School of Business
Downloads 275 (236,103)
Citation 3

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Stock liquidity; Cost of bank loans

17.

The Effect of Organization Capital on the Cost of Bank Loans

Forthcoming, Journal of Financial and Quantitative Analysis
Number of pages: 60 Posted: 24 Mar 2022
McMaster University - Finance & Business Economics, Rensselaer Polytechnic Institute (RPI) - Lally School of Management & Technology, Penn State Harrisburg and Hong Kong Polytechnic University - School of Accounting and Finance
Downloads 250 (260,083)
Citation 8

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organization capital, intangible assets, cost of bank loans, inventors and innovation

18.

Managerial Effect or Firm Effect: Evidence from Private Debt Market

Bank of Finland Research Discussion Paper No. 29/2013
Number of pages: 40 Posted: 10 Dec 2013 Last Revised: 23 Sep 2015
Bill Francis, Iftekhar Hasan and Yun Zhu
Rensselaer Polytechnic Institute (RPI) - Lally School of Management & Technology, Fordham University and St. John's University - Department of Economics and Finance
Downloads 235 (276,382)
Citation 2

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Managerial Effect, Firm Effect, Cost of Capital, Bank Loan

19.

Strategic Reaction and Tax Avoidance: Evidence from the Effect of Large IPOs on Peers

British Accounting Review, Forthcoming
Number of pages: 57 Posted: 03 Sep 2020 Last Revised: 24 Jan 2023
University of Massachusetts Lowell - The Robert J. Manning School of Business, Rensselaer Polytechnic Institute (RPI) - Lally School of Management & Technology, Hong Kong Polytechnic University - School of Accounting and Finance and American University - Kogod School of Business
Downloads 216 (299,744)

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20.

The Impact of Hedge Fund Activism on Audit Pricing

British Accounting Review, Forthcoming
Number of pages: 55 Posted: 07 Feb 2019 Last Revised: 03 Oct 2023
University of Massachusetts Lowell - The Robert J. Manning School of Business, Rensselaer Polytechnic Institute (RPI) - Lally School of Management & Technology, Cleveland State University - Monte Ahuja College of Business and Hong Kong Polytechnic University - School of Accounting and Finance
Downloads 208 (310,688)

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Hedge fund activism, Auditors, Audit fees, Financial reporting complexity, Internal control weakness

21.

Banking Deregulation and Corporate Tax Avoidance

China Journal of Accounting Research, Forthcoming
Number of pages: 36 Posted: 28 Sep 2016 Last Revised: 09 Oct 2016
Bill Francis, Ning Ren and Qiang Wu
Rensselaer Polytechnic Institute (RPI) - Lally School of Management & Technology, University of Redlands and Hong Kong Polytechnic University - School of Accounting and Finance
Downloads 203 (317,906)

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Tax avoidance, interstate banking deregulation, external financing

22.

Does Relationship Matter? The Choice of Financial Advisors

Bank of Finland Research Discussion Paper No. 28/2012
Number of pages: 60 Posted: 11 Nov 2012
Bill Francis, Iftekhar Hasan and Xian Sun
Rensselaer Polytechnic Institute (RPI) - Lally School of Management & Technology, Fordham University and Johns Hopkins University - Carey Business School
Downloads 197 (326,698)
Citation 2

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mergers and acquisitions, financial advisors, relationship banking, analyst coverage, conflict of interests, proactive

23.

Evidence for the Existence of Downward Real Earnings Management

Journal of Auditing, Accounting and Finance, Forthcoming, Bank of Finland Research Discussion Paper No. 13/2015
Number of pages: 59 Posted: 21 Aug 2015
Bill Francis, Iftekhar Hasan and Lingxiang Li
Rensselaer Polytechnic Institute (RPI) - Lally School of Management & Technology, Fordham University and SUNY at Old Westbury - School of Business
Downloads 184 (347,997)

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downward earnings management, real earnings management, share repurchase, management buyout, CEO option grant, earnings smoothing

24.

Corporate Boards and Bank Loan Contracting

Number of pages: 67 Posted: 18 Mar 2009
Rensselaer Polytechnic Institute (RPI) - Lally School of Management & Technology, Fordham University, Halle Institute for Economic Research and Hong Kong Polytechnic University - School of Accounting and Finance
Downloads 177 (360,251)
Citation 5

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Bank loan contracting; Boards of directors; Corporate governance; Monitoring; SOX

25.

Stock Price Fragility and the Cost of Bank Loans

Journal of Empirical Finance, Vol. 63, 2021
Number of pages: 44 Posted: 14 Apr 2020 Last Revised: 06 Jul 2021
Rensselaer Polytechnic Institute (RPI) - Lally School of Management & Technology, Fordham University, Cleveland State University - Monte Ahuja College of Business and Virginia Tech
Downloads 138 (443,924)
Citation 3

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Stock Price Fragility, Flow Volatility, Bank Loan Cost, Non-Fundamental Risk

26.

Home Preference at Selecting Financial Advisors in Cross-Border M&As

Bank of Finland Research Discussion Paper No. 31/2012
Number of pages: 52 Posted: 10 Nov 2012
Bill Francis, Iftekhar Hasan and Xian Sun
Rensselaer Polytechnic Institute (RPI) - Lally School of Management & Technology, Fordham University and Johns Hopkins University - Carey Business School
Downloads 134 (454,449)
Citation 6

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financial advisors, certification, payment method, cross border mergers and acquisitions

27.

Do Passive Investors Demand High Earnings Quality? Evidence from Natural Experiment

Francis, B.B., Maharjan, J. and Teng, H., 2020. Do Passive Investors Demand High Earnings Quality? Evidence from a Quasi-Natural Experiment. China Accounting and Finance Review, 22(3).
Number of pages: 56 Posted: 30 Jul 2018 Last Revised: 03 Jun 2021
Bill Francis, Johan Maharjan and Haimeng Teng
Rensselaer Polytechnic Institute (RPI) - Lally School of Management & Technology, Rensselaer Polytechnic Institute (RPI) - Lally School of Management & Technology and Penn State Harrisburg
Downloads 116 (508,603)
Citation 1

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Passive investors, earnings quality, earnings management

28.

Can Firms Learn by Observing? Evidence from Cross-Border M&As

Journal of Corporate Finance, Volume 25, April 2014: 202–215 , Bank of Finland Research Discussion Paper No. 17/2014
Number of pages: 42 Posted: 07 Oct 2014
Bill Francis, Iftekhar Hasan, Xian Sun and Maya Waisman
Rensselaer Polytechnic Institute (RPI) - Lally School of Management & Technology, Fordham University, Johns Hopkins University - Carey Business School and Fordham University - Gabelli School of Business
Downloads 115 (511,939)
Citation 6

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learning, observing, cross-border M&As, performance

29.

Evidence for the Existence of Downward Real Earnings Management

Bank of Finland Research Discussion Paper No. 13/2015
Number of pages: 59 Posted: 21 Oct 2015
Bill Francis, Iftekhar Hasan and Lingxiang Li
Rensselaer Polytechnic Institute (RPI) - Lally School of Management & Technology, Fordham University and SUNY at Old Westbury - School of Business
Downloads 111 (525,769)
Citation 2

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downward earnings management, real earnings management, share repurchase, management buyout, CEO option grant, earnings smoothing

30.

Do Creditor Control Rights Impact Corporate Tax Aggressiveness? Evidence from Debt Covenant Violations

Journal of Business Finance and Accounting, Forthcoming
Number of pages: 57 Posted: 24 Jul 2023
Hong Kong Polytechnic University, Rensselaer Polytechnic Institute (RPI) - Lally School of Management & Technology, Southwestern University of Finance and Economics, Cleveland State University - Monte Ahuja College of Business and Hong Kong Polytechnic University - School of Accounting and Finance
Downloads 103 (555,614)
Citation 3

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Covenant violations, tax aggressiveness, creditor control rights

31.

Financial Analysts' Career Concerns and the Cost of Private Debt

Journal of Corporate Finance, Vol. 67, 2021
Number of pages: 56 Posted: 03 Jun 2021
Rensselaer Polytechnic Institute (RPI) - Lally School of Management & Technology, Fordham University, Bowling Green State University - College of Business Administration, Hong Kong Polytechnic University - School of Accounting and Finance and American University - Kogod School of Business
Downloads 85 (628,637)
Citation 5

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Analysts’ career concerns, Cost of bank loans, Firm risk, Natural experiment

32.

Managerial Style and Bank Loan Contracting

Bank of Finland Research Discussion Paper No. 29/2013
Number of pages: 46 Posted: 22 May 2019 Last Revised: 18 Nov 2021
Bill Francis, Iftekhar Hasan and Yun Zhu
Rensselaer Polytechnic Institute (RPI) - Lally School of Management & Technology, Fordham University and St. John's University - Department of Economics and Finance
Downloads 77 (665,543)

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33.

Going-Concern Opinions, Corporate Control, Executive Compensation and Management Turnover

Posted: 01 Feb 2014 Last Revised: 31 Jan 2018
Bill Francis, Ning Ren, Yinghong Zhang and Yun Zhu
Rensselaer Polytechnic Institute (RPI) - Lally School of Management & Technology, University of Redlands, University of Central Oklahoma and St. John's University - Department of Economics and Finance

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going-concern opinion; blockholder; institutional investor; executive compensation; management turnover

34.

Going-Concern Opinions and Bank Loan Contracting

Posted: 17 Nov 2013 Last Revised: 13 Feb 2014
Rensselaer Polytechnic Institute (RPI) - Lally School of Management & Technology, Fordham University, University of Redlands and University of Central Oklahoma

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going-concern opinion; bank loan contracting; loan spreads; loan maturity; covenant