Thomas J. Chemmanur

Boston College - Carroll School of Management

Professor of Finance

440 Fulton Hall

Boston College

Chestnut Hill, MA 02467-3808

United States

SCHOLARLY PAPERS

72

DOWNLOADS
Rank 475

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Top 475

in Total Papers Downloads

33,066

CITATIONS
Rank 1,470

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Top 1,470

in Total Papers Citations

381

Scholarly Papers (72)

Corporate Venture Capital, Value Creation, and Innovation

Forthcoming, Review of Financial Studies
Number of pages: 49 Posted: 23 Mar 2009 Last Revised: 14 May 2014
Thomas J. Chemmanur, Elena Loutskina and Xuan Tian
Boston College - Carroll School of Management, University of Virginia - Darden School of Business and Tsinghua University - PBC School of Finance
Downloads 2,475 (3,701)
Citation 11

Abstract:

Innovation, Corporate Venture Capital, Value Creation, Patents, Citations

Corporate Venture Capital, Value Creation, and Innovation

Forthcoming, Review of Financial Studies
Number of pages: 49 Posted: 25 Jan 2012 Last Revised: 28 Oct 2014
Thomas J. Chemmanur, Elena Loutskina and Xuan Tian
Boston College - Carroll School of Management, University of Virginia - Darden School of Business and Tsinghua University - PBC School of Finance
Downloads 511 (42,788)
Citation 11

Abstract:

Innovation, Corporate Venture Capital, Value Creation, Patents, Citations

2.

Venture Capitalists versus Angels: The Dynamics of Private Firm Financing Contracts

AFA 2003 Washington, DC Meetings
Number of pages: 55 Posted: 15 Nov 2002
Thomas J. Chemmanur and Zhaohui Chen
Boston College - Carroll School of Management and University of Pennsylvania - The Wharton School
Downloads 1,550 (7,609)
Citation 11

Abstract:

Angels, Venture Capital, Contract Dynamics

How Does Venture Capital Financing Improve Efficiency in Private Firms? A Look Beneath the Surface

Review of Financial Studies (RFS), 2011
Number of pages: 66 Posted: 17 Mar 2008 Last Revised: 29 Oct 2014
Thomas J. Chemmanur, Karthik Krishnan and Debarshi K. Nandy
Boston College - Carroll School of Management, Northeastern University and Brandeis University - International Business School
Downloads 1,192 (12,682)
Citation 35

Abstract:

VC financing, monitoring, screening, efficiency, TFP

How Does Venture Capital Financing Improve Efficiency in Private Firms? A Look Beneath the Surface

US Census Bureau Center for Economic Studies Paper No. CES-WP- 08-16
Number of pages: 60 Posted: 22 Jul 2009
Thomas J. Chemmanur, Karthik Krishnan and Debarshi K. Nandy
Boston College - Carroll School of Management, Northeastern University and Brandeis University - International Business School
Downloads 320 (75,626)
Citation 37

Abstract:

4.

Why Issue Tracking Stock? Insights from a Comparison with Spin-offs and Carve-outs

Number of pages: 48 Posted: 12 Dec 2000
Thomas J. Chemmanur and Imants Paeglis
Boston College - Carroll School of Management and Concordia University - John Molson School of Business
Downloads 1,341 (10,179)
Citation 10

Abstract:

corporate governance, tracking stock, equity carve-outs, spin-offs, financial structure, corporate restructuring

5.

The Role of Venture Capital Backing in Initial Public Offerings: Certification, Screening, or Market Power?

EFA 2005 Moscow Meetings Paper
Number of pages: 58 Posted: 15 Oct 2004
Thomas J. Chemmanur and Elena Loutskina
Boston College - Carroll School of Management and University of Virginia - Darden School of Business
Downloads 1,249 (9,610)
Citation 18

Abstract:

venture capital, certification, screening, monitoring, market power

6.

IPOs versus Acquisitions and the Valuation Premium Puzzle: A Theory of Exit Choice by Entrepreneurs and Venture Capitalists

Journal of Financial and Quantitative Analysis (JFQA), December 2011, 46 (6), 1755-1793
Number of pages: 71 Posted: 28 Feb 2007 Last Revised: 19 Jun 2015
Onur Bayar and Thomas J. Chemmanur
University of Texas at San Antonio, College of Business and Boston College - Carroll School of Management
Downloads 1,118 (11,449)
Citation 21

Abstract:

IPOs, acquisitions, venture capital, entrepreneurial finance, exit strategy, product market competition

7.
Downloads 1,117 ( 14,331)
Citation 39

The Going Public Decision and the Product Market

EFA 2005 Moscow Meetings, AFA 2007 Chicago Meetings Paper
Number of pages: 56 Posted: 25 Feb 2005 Last Revised: 20 Jul 2015
Thomas J. Chemmanur, Shan He and Debarshi K. Nandy
Boston College - Carroll School of Management, Oregon State University and Brandeis University - International Business School
Downloads 978 (17,185)
Citation 39

Abstract:

Going public decision, product market

The Going Public Decision and the Product Market

Review of Financial Studies (RFS), forthcoming 2010, US Census Bureau Center for Economic Studies Paper No. CES-WP- 08-20 , American Finance Association Meetings 2008 Paper
Number of pages: 59 Posted: 29 Jul 2009 Last Revised: 14 Apr 2010
Thomas J. Chemmanur, Shan He and Debarshi K. Nandy
Boston College - Carroll School of Management, Oregon State University and Brandeis University - International Business School
Downloads 139 (172,233)
Citation 39

Abstract:

8.

Do Anti-Takeover Provisions Spur Corporate Innovation? A Regression Discontinuity Analysis

Journal of Financial and Quantitative Analysis, Forthcoming
Number of pages: 66 Posted: 17 Mar 2010 Last Revised: 12 Feb 2017
Thomas J. Chemmanur and Xuan Tian
Boston College - Carroll School of Management and Tsinghua University - PBC School of Finance
Downloads 1,044 (7,268)

Abstract:

anti-takeover provisions, innovation, firm value

9.

Advertising, Attention, and Stock Returns

Number of pages: 52 Posted: 11 Feb 2009 Last Revised: 16 Mar 2010
Thomas J. Chemmanur and An Yan
Boston College - Carroll School of Management and Fordham University - Gabelli School of Business
Downloads 870 (14,858)
Citation 11

Abstract:

Advertising, Stock returns, Attention

10.

How Should a Firm Go Public? A Dynamic Model of the Choice between Fixed-Price Offerings and Auctions in Ipos and Privatizations

EFA 2003 Annual Conference Paper No. 366
Number of pages: 49 Posted: 20 Jul 2003
Thomas J. Chemmanur and Mark H. Liu
Boston College - Carroll School of Management and University of Kentucky - Gatton College of Business and Economics
Downloads 862 (19,488)
Citation 12

Abstract:

11.

The Role of Institutional Investors in Seasoned Equity Offerings

Journal of Financial Economics (JFE), Vol. 94, No. 3, pp. 384-411, 2009, AFA 2006 Boston Meetings Paper, NBER 2007 Market Microstructure Meetings Paper, EFA 2007 Ljubljana Meetings Paper
Number of pages: 57 Posted: 25 Mar 2005 Last Revised: 14 Apr 2010
Thomas J. Chemmanur, Shan He and Gang Hu
Boston College - Carroll School of Management, Oregon State University and Hong Kong Polytechnic University - School of Accounting and Finance
Downloads 848 (20,291)
Citation 32

Abstract:

Seasoned Equity Offerings, Institutional investors, Manipulative trading, Information production, SEO discount, Underpricing

Dual Class IPOs, Share Recapitalizations, and Unifications: A Theoretical Analysis

European Corporate Governance Institute (ECGI) - Finance Research Paper Series, Forthcoming
Number of pages: 63 Posted: 24 Aug 2006
Thomas J. Chemmanur and Yawen Jiao
Boston College - Carroll School of Management and University of California, Riverside
Downloads 565 (37,512)
Citation 6

Abstract:

Dual Class Shares, Voting Structure, Antitakeover Provisions, Recapitalizations, Unifications

Dual Class IPOs, Share Recapitalizations, and Unifications: A Theoretical Analysis

Number of pages: 56 Posted: 25 Mar 2008
Thomas J. Chemmanur and Yawen Jiao
Boston College - Carroll School of Management and University of California, Riverside
Downloads 176 (140,282)
Citation 6

Abstract:

Dual Class Shares, Voting Structure, Antitakeover Provisions, Recapitalizations

13.

The Role of Institutional Investors in Initial Public Offerings

Review of Financial Studies, Vol. 23, pp. 4496-4540, 2010, WFA 2007 Big Sky Meetings Paper, EFA 2006 Zurich Meetings Paper
Number of pages: 58 Posted: 17 Jun 2006 Last Revised: 23 Nov 2010
Thomas J. Chemmanur, Gang Hu and Jiekun Huang
Boston College - Carroll School of Management, Hong Kong Polytechnic University - School of Accounting and Finance and University of Illinois at Urbana-Champaign - Department of Finance
Downloads 692 (26,046)
Citation 5

Abstract:

Initial public offerings, Institutional investors, Trading, IPO allocations, Flipping

14.

Why Issue Mandatory Convertibles? Theory and Empirical Evidence

EFA 2003 Glasgow
Number of pages: 54 Posted: 19 Jul 2003
Thomas J. Chemmanur, Debarshi K. Nandy and An Yan
Boston College - Carroll School of Management, Brandeis University - International Business School and Fordham University - Gabelli School of Business
Downloads 679 (28,594)
Citation 8

Abstract:

mandatory convertibles, ordinary convertibles, financial innovation

IPO Waves, Product Market Competition, and the Going Public Decision: Theory and Evidence

Journal of Financial Economics (JFE), Volume 101, Issue 2, August 2011, Pages 382–412,
Number of pages: 73 Posted: 22 Sep 2008 Last Revised: 27 Nov 2012
Thomas J. Chemmanur and Jie He
Boston College - Carroll School of Management and University of Georgia - Department of Finance
Downloads 485 (45,700)
Citation 7

Abstract:

IPO waves, going public, product market competition

IPO Waves, Product Market Competition, and the Going Public Decision: Theory and Evidence

US Census Bureau Center for Economic Studies Paper No. CES-WP- 12-07
Number of pages: 72 Posted: 28 Mar 2012
Thomas J. Chemmanur and Jie He
Boston College - Carroll School of Management and University of Georgia - Department of Finance
Downloads 72 (272,866)
Citation 7

Abstract:

16.

Competition and Co-operation Among Exchanges: A Theory of Cross Listing and Endogenous Listing Standards

Number of pages: 50 Posted: 07 Feb 2004
Thomas J. Chemmanur and Paolo Fulghieri
Boston College - Carroll School of Management and University of North Carolina Kenan-Flagler Business School
Downloads 527 (39,820)
Citation 32

Abstract:

17.

Corporate Control Contests and the Disciplining Effect of Spin-offs: A Theory of Performance and Value Improvements in Spin-offs

Number of pages: 51 Posted: 15 Jan 2002
Thomas J. Chemmanur and An Yan
Boston College - Carroll School of Management and Fordham University - Gabelli School of Business
Downloads 526 (39,736)
Citation 2

Abstract:

spin-offs, corporate control

18.

The Effects of Corporate Spin-offs on Productivity

Journal of Corporate Finance, Forthcoming
Number of pages: 70 Posted: 17 Mar 2006 Last Revised: 15 Apr 2016
Thomas J. Chemmanur, Karthik Krishnan and Debarshi K. Nandy
Boston College - Carroll School of Management, Northeastern University and Brandeis University - International Business School
Downloads 500 (40,295)
Citation 10

Abstract:

Spin-offs, Restructuring, Total Factor Productivity (TFP), Employment, Wages

19.

Capital Structure and Security Issuance Under Heterogeneous Beliefs

EFA 2008 Athens Meetings Paper, AFA 2009 San Francisco Meetings Paper
Number of pages: 49 Posted: 19 Mar 2008 Last Revised: 15 Dec 2010
Thomas J. Chemmanur, Jean-Sebastien Michel, Debarshi K. Nandy and An Yan
Boston College - Carroll School of Management, HEC Montreal, Brandeis University - International Business School and Fordham University - Gabelli School of Business
Downloads 495 (42,332)
Citation 1

Abstract:

Heterogeneous beliefs, Security Issuance, Price Impact, Capital Structure

20.

Product Market Advertising and Initial Public Offerings: Theory and Empirical Evidence

EFA 2004 Maastricht Meetings Paper No. 3121
Number of pages: 49 Posted: 25 Jan 2004
Thomas J. Chemmanur and An Yan
Boston College - Carroll School of Management and Fordham University - Gabelli School of Business
Downloads 465 (45,459)
Citation 3

Abstract:

Initial public offerings, advertising

21.

Equilibrium Leasing Contracts Under Double-sided Asymmetric Information

Number of pages: 41 Posted: 29 Jun 2000
Thomas J. Chemmanur and An Yan
Boston College - Carroll School of Management and Fordham University - Gabelli School of Business
Downloads 465 (47,273)
Citation 1

Abstract:

Institutional Trading, Information Production, and the SEO Discount: a Model of Seasoned Equity Offerings

EFA 2007 Ljubljana Meetings Paper
Number of pages: 52 Posted: 16 Mar 2006
Yawen Jiao and Thomas J. Chemmanur
University of California, Riverside and Boston College - Carroll School of Management
Downloads 455 (49,570)
Citation 2

Abstract:

Seasoned Equity Offerings, SEO discount, SEO underpricing, Information production, Institutional investors

Institutional Trading, Information Production, and the SEO Discount: A Model of Seasoned Equity Offerings

Journal of Economics & Management Strategy, Vol. 20, Issue 1, pp. 299-338, 2011
Number of pages: 40 Posted: 16 Mar 2011
Thomas J. Chemmanur and Yawen Jiao
Boston College - Carroll School of Management and University of California, Riverside
Downloads 1 (567,857)
Citation 2

Abstract:

23.

Human Capital, Management Quality, and Firm Performance

Northeastern U. D’Amore-McKim School of Business Research Paper No. 2014-01,
Number of pages: 61 Posted: 20 Mar 2014 Last Revised: 19 Aug 2014
Thomas J. Chemmanur, Lei Kong and Karthik Krishnan
Boston College - Carroll School of Management, Boston College - Department of Finance and Northeastern University
Downloads 434 (33,339)

Abstract:

Human Capital; Management Quality; Operating Performance; Market Valuation; Stock Return

24.

Product Market Characteristics and the Choice between IPOs and Acquisitions

Journal of Financial and Quantitative Analysis (JFQA), Forthcoming
Number of pages: 73 Posted: 13 Jan 2010 Last Revised: 18 Nov 2016
Thomas J. Chemmanur, Jie He, Shan He and Debarshi K. Nandy
Boston College - Carroll School of Management, University of Georgia - Department of Finance, Oregon State University and Brandeis University - International Business School
Downloads 433 (41,551)

Abstract:

Initial Public Offerings, Merger and Acquisitions, Product market, exit decisions, venture capital

25.

Institutional Investors and the Information Production Theory of Stock Splits

Journal of Financial and Quantitative Analysis (JFQA), Forthcoming
Number of pages: 74 Posted: 17 Mar 2008 Last Revised: 28 Apr 2015
Thomas J. Chemmanur, Gang Hu and Jiekun Huang
Boston College - Carroll School of Management, Hong Kong Polytechnic University - School of Accounting and Finance and University of Illinois at Urbana-Champaign - Department of Finance
Downloads 411 (47,634)

Abstract:

Stock Splits, Brokerage Commissions, Information Production, Institutional Investors

26.

Why Do Firms Undertake Accelerated Share Repurchase Programs?

Number of pages: 57 Posted: 15 Mar 2010
Thomas J. Chemmanur, Yingmei Cheng and Tianming Zhang
Boston College - Carroll School of Management, Florida State University - College of Business and Florida State University - Department of Accounting
Downloads 403 (58,153)
Citation 9

Abstract:

Accelerated share repurchase, signalling, undervaluation

27.

'Preparing' the Equity Market for Adverse Corporate Events: A Theoretical Analysis of Firms Cutting Dividends

Journal of Financial and Quantitative Analysis (JFQA), Forthcoming
Number of pages: 51 Posted: 17 Mar 2008 Last Revised: 14 May 2014
Thomas J. Chemmanur and Xuan Tian
Boston College - Carroll School of Management and Tsinghua University - PBC School of Finance
Downloads 381 (56,751)
Citation 3

Abstract:

Market Preparation, Dividend Cuts, Asymetric Information

28.

Heterogeneous Beliefs, Short Sale Constraints, and the Economic Role of the Underwriter in IPOs

EFA 2008 Athens Meetings Paper
Number of pages: 64 Posted: 17 Mar 2008 Last Revised: 05 Dec 2012
Thomas J. Chemmanur and Karthik Krishnan
Boston College - Carroll School of Management and Northeastern University
Downloads 376 (59,035)
Citation 6

Abstract:

Investment banks, Underwriter reputation, IPOs

29.

Seasoned Equity Issues With 'Soft' Information: Theory and Empirical Evidence

Number of pages: 56 Posted: 25 Feb 2005
Yawen Jiao and Thomas J. Chemmanur
University of California, Riverside and Boston College - Carroll School of Management
Downloads 367 (61,631)
Citation 3

Abstract:

Equity Issues, Announcement Effects, Financing Policy

30.

Management Quality and Anti-Takeover Provisions

EFA 2009 Bergen Meetings Paper , Journal of Law and Economics forthcoming
Number of pages: 56 Posted: 13 Mar 2008 Last Revised: 19 May 2010
Thomas J. Chemmanur, Imants Paeglis and Karen Simonyan
Boston College - Carroll School of Management, Concordia University - John Molson School of Business and Suffolk University - Department of Finance
Downloads 344 (62,039)
Citation 5

Abstract:

Management Quality, Anti-Takeover Provisions, Initial Public Offerings, Operating Performance, Stock Return Performance

31.

Management Quality, Financial and Investment Policies, and Asymmetric Information

AFA 2005 Philadelphia Meetings Paper, Journal of Financial and Quantitative Analysis (JFQA), Vol. 44, No. 5, 2009
Number of pages: 54 Posted: 16 Jan 2005 Last Revised: 12 Jan 2016
Thomas J. Chemmanur, Imants Paeglis and Karen Simonyan
Boston College - Carroll School of Management, Concordia University - John Molson School of Business and Suffolk University - Department of Finance
Downloads 333 (66,908)
Citation 4

Abstract:

Management Quality, Capital Structure, Dividend Policy, Investment Policy, Asymmetric Information

32.

What Drives the Valuation Premium in IPOs versus Acquisitions? An Empirical Analysis

Journal of Corporate Finance, June 2012, 18 (3), 451-475
Number of pages: 61 Posted: 27 Oct 2009 Last Revised: 19 Jun 2015
Onur Bayar and Thomas J. Chemmanur
University of Texas at San Antonio, College of Business and Boston College - Carroll School of Management
Downloads 323 (63,003)
Citation 4

Abstract:

IPOs, Acquisitions, Valuation premium, Private firms, Exit mechanisms, Going public

33.

The Medium of Exchange in Acquisitions: Does the Private Information of Both Acquirer and Target Matter?

Journal of Corporate Finance, Forthcoming
Number of pages: 43 Posted: 12 Jan 2004 Last Revised: 10 Sep 2009
Thomas J. Chemmanur, Imants Paeglis and Karen Simonyan
Boston College - Carroll School of Management, Concordia University - John Molson School of Business and Suffolk University - Department of Finance
Downloads 322 (73,333)
Citation 5

Abstract:

Mergers and acquisitions, Medium of exchange, Asymmetric information

34.

Peer Monitoring, Syndication, and the Dynamics of Venture Capitalist Interactions

Number of pages: 55 Posted: 14 Feb 2009 Last Revised: 13 Jan 2015
Thomas J. Chemmanur and Xuan Tian
Boston College - Carroll School of Management and Tsinghua University - PBC School of Finance
Downloads 291 (68,036)
Citation 3

Abstract:

Peer Monitroing, Venture Capital, Syndication

35.

How Do Corporate Venture Capitalists Create Value for Entrepreneurial Firms?

Number of pages: 51 Posted: 19 Feb 2009 Last Revised: 23 May 2012
Thomas J. Chemmanur and Elena Loutskina
Boston College - Carroll School of Management and University of Virginia - Darden School of Business
Downloads 280 (60,476)
Citation 11

Abstract:

Corporate venture capital, certification, monitoring, value creation

36.

What Drives the Issuance of Putable Convertibles: Risk-Shifting, Asymmetric Information, or Taxes?

Financial Management, March 2010, EFA 2006 Zurich Meetings
Number of pages: 66 Posted: 26 Mar 2008 Last Revised: 15 Apr 2010
Thomas J. Chemmanur and Karen Simonyan
Boston College - Carroll School of Management and Suffolk University - Department of Finance
Downloads 266 (91,301)
Citation 3

Abstract:

Putable Convertibles, Convertible Bonds, Issuing Convertible Debt, Performance

37.

A Theory of Corporate Boards and Forced CEO Turnover

Forthcoming in Management Science
Number of pages: 87 Posted: 23 Jul 2010 Last Revised: 21 Dec 2016
Thomas J. Chemmanur and Viktar Fedaseyeu
Boston College - Carroll School of Management and Bocconi University - Department of Finance
Downloads 240 (69,162)
Citation 6

Abstract:

CEO turnover; board of directors; board member discussions; corporate governance

38.

Do Local and International Venture Capitalists Play Well Together? The Complementarity of Local and International Venture Capitalists

Journal of Business Venturing, 2016, Volume 31, Issue 5, 573-594, AFA 2012 Chicago Meetings Paper
Number of pages: 47 Posted: 03 Sep 2010 Last Revised: 02 Sep 2016
Thomas J. Chemmanur, Tyler Hull and Karthik Krishnan
Boston College - Carroll School of Management, University of Massachusetts Boston and Northeastern University
Downloads 235 (75,106)
Citation 4

Abstract:

Venture Capital, International Finance, Emerging markets

39.

Anti-Takeover Provisions in Corporate Spin-Offs

Journal of Banking and Finance, Forthcoming
Number of pages: 50 Posted: 16 Mar 2007 Last Revised: 16 Apr 2010
Thomas J. Chemmanur, Bradford D. Jordan, Mark H. Liu and Qun Wu
Boston College - Carroll School of Management, University of Kentucky - Gatton College of Business and Economics, University of Kentucky - Gatton College of Business and Economics and U of Nevada, Reno
Downloads 223 (104,601)
Citation 2

Abstract:

Spin-offs, anti-takeover provisions, managerial entrenchment, long-term value creation, announcement return, operating performance

40.

Options on Initial Public Offerings

Rotman School of Management Working Paper No. 2311317
Number of pages: 60 Posted: 18 Aug 2013 Last Revised: 05 Nov 2014
Thomas J. Chemmanur, Chayawat Ornthanalai and Padmaja Kadiyala
Boston College - Carroll School of Management, University of Toronto - Rotman School of Management and Pace University - Lubin School of Business
Downloads 218 (88,366)

Abstract:

IPOs; Option listing; Long-run stock returns; short-sale constraint

41.

Institutional Trading, Information Production, and the Choice Between Spin-Offs, Carve-Outs, and Tracking Stock Issues

Journal of Corporate Finance, Forthcoming
Number of pages: 37 Posted: 17 Mar 2007 Last Revised: 19 Jul 2010
Thomas J. Chemmanur and Mark H. Liu
Boston College - Carroll School of Management and University of Kentucky - Gatton College of Business and Economics
Downloads 209 (109,277)
Citation 1

Abstract:

restructuring, corporate spin-offs, equity carve-outs, tracking stock issues, institutional trading, information production

42.

Management Quality, Venture Capital Backing, and Initial Public Offerings

Number of pages: 61 Posted: 13 Mar 2012 Last Revised: 15 Mar 2012
Thomas J. Chemmanur, Karen Simonyan and Hassan Tehranian
Boston College - Carroll School of Management, Suffolk University - Department of Finance and Boston College - Department of Finance
Downloads 205 (108,805)
Citation 26

Abstract:

Management Quality, Venture Capital, Initial Public Offerings

43.

Communicating Private Information to the Equity Market before a Dividend Cut: An Empirical Analysis

Journal of Financial and Quantitative Analysis (JFQA), Forthcoming
Number of pages: 45 Posted: 17 Mar 2013
Thomas J. Chemmanur and Xuan Tian
Boston College - Carroll School of Management and Tsinghua University - PBC School of Finance
Downloads 195 (105,524)

Abstract:

market preparation, dividend cut, announcement returns, stock return volatility

44.

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 (JFQA), Forthcoming
Number of pages: 79 Posted: 18 Dec 2012 Last Revised: 13 Jun 2017
Thomas J. Chemmanur, Mine Ertugrul and Karthik Krishnan
Boston College - Carroll School of Management, University of Massachusetts Boston and Northeastern University
Downloads 168 (91,301)
Citation 1

Abstract:

human capital, investment banks, M&A

45.

Is Dividend Smoothing Universal? New Insights from a Comparative Study of Dividend Policies in Hong Kong and the U.S.

Journal of Corporate Finance, Vol. 16, pp. 413-430, 2010
Number of pages: 41 Posted: 23 Nov 2010
Thomas J. Chemmanur, Jie He, Gang Hu and Y. Helen Liu
Boston College - Carroll School of Management, University of Georgia - Department of Finance, Hong Kong Polytechnic University - School of Accounting and Finance and affiliation not provided to SSRN
Downloads 160 (136,879)
Citation 1

Abstract:

Dividend Smoothing, Comparative Study, Hong Kong

46.

Dividends versus Stock Repurchases and Long-Run Stock Returns under Heterogeneous Beliefs

Number of pages: 72 Posted: 30 Jun 2013 Last Revised: 14 Feb 2017
Onur Bayar, Thomas J. Chemmanur and Mark H. Liu
University of Texas at San Antonio, College of Business, Boston College - Carroll School of Management and University of Kentucky - Gatton College of Business and Economics
Downloads 145 (133,416)

Abstract:

Dividends, Stock repurchases, Heterogeneous beliefs, Long-run stock returns, Payout policy

47.

A Theory of Equity Carve-Outs and Negative Stub Values under Heterogeneous Beliefs

Journal of Financial Economics (JFE), June 2011, 100 (3), 616-638
Number of pages: 53 Posted: 25 Mar 2008 Last Revised: 19 Jun 2015
Onur Bayar, Thomas J. Chemmanur and Mark H. Liu
University of Texas at San Antonio, College of Business, Boston College - Carroll School of Management and University of Kentucky - Gatton College of Business and Economics
Downloads 144 (167,012)
Citation 1

Abstract:

heterogeneous beliefs, equity carve-outs, negative stub values

48.

Underwriter Networks, Investor Attention, and Initial Public Offerings

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 65 Posted: 19 Jun 2014 Last Revised: 12 Jan 2016
Emanuele Bajo, Thomas J. Chemmanur, Karen Simonyan and Hassan Tehranian
University of Bologna - Department of Management, Boston College - Carroll School of Management, Suffolk University - Department of Finance and Boston College - Department of Finance
Downloads 142 (65,633)

Abstract:

Underwriter Centrality, Initial Public Offerings, Underwriter Networks

49.

A Theory of Capital Structure, Price Impact, and Long-Run Stock Returns under Heterogeneous Beliefs

Review of Corporate Finance Studies (RCFS), September 2015, 4 (2), 258-320
Number of pages: 68 Posted: 19 Mar 2010 Last Revised: 05 May 2016
Onur Bayar, Thomas J. Chemmanur and Mark H. Liu
University of Texas at San Antonio, College of Business, Boston College - Carroll School of Management and University of Kentucky - Gatton College of Business and Economics
Downloads 131 (155,102)
Citation 1

Abstract:

Capital Structure, Heterogeneous Beliefs, Convertible Debt Issues, Security Tranching, Price Impact, Long-Run Stock Returns.

Institutional Trading, Information Production, and Corporate Spin-Offs

Number of pages: 52 Posted: 25 Mar 2008
Thomas J. Chemmanur and Shan He
Boston College - Carroll School of Management and Oregon State University
Downloads 64 (291,462)
Citation 3

Abstract:

Corporate Spin-offs, Institutional investors, Institutional trading, Information production.

Institutional Trading, Information Production, and Corporate Spin-Offs

Number of pages: 54 Posted: 13 Feb 2009
Thomas J. Chemmanur and Shan He
Boston College - Carroll School of Management and Oregon State University
Downloads 61 (298,870)
Citation 3

Abstract:

Corporate Spin-offs, Institutional investors, Institutional trading, Information production

51.

The Role of Management Quality in the IPOs of Venture-Backed Entrepreneurial Firms

Number of pages: 60 Posted: 04 Apr 2013
Thomas J. Chemmanur, Karen Simonyan and Hassan Tehranian
Boston College - Carroll School of Management, Suffolk University - Department of Finance and Boston College - Department of Finance
Downloads 117 (157,656)

Abstract:

Management Quality, Initial Public Offerings, Venture Capital

52.

Institutional Investors as Information Producers around Open-Market Share Repurchase Programs

Number of pages: 46 Posted: 29 Dec 2014 Last Revised: 06 May 2016
Thomas J. Chemmanur, Yingzhen Li and Yuyuan Zhu
Boston College - Carroll School of Management, The Brattle Group and Boston College, Carroll School of Management, Department of Finance
Downloads 114 (120,685)

Abstract:

Open-Market Repurchases, Institutional Trading, Information Production

53.

Information Production by Institutions around CEO Turnovers and Institutional Trading as a Corporate Governance Mechanism

Number of pages: 52 Posted: 15 Aug 2013 Last Revised: 13 May 2017
Thomas J. Chemmanur, Gang Hu, Yingzhen Li and Yuyuan Zhu
Boston College - Carroll School of Management, Hong Kong Polytechnic University - School of Accounting and Finance, The Brattle Group and Boston College, Carroll School of Management, Department of Finance
Downloads 99 (150,184)

Abstract:

Corporate Governance; CEO Turnover; Institutional Trading; Information Production

54.

Expertise or Proximity in International Private Equity? Evidence from a Natural Experiment

Number of pages: 49 Posted: 26 Apr 2014 Last Revised: 02 Oct 2015
Thomas J. Chemmanur, Tyler Hull and Karthik Krishnan
Boston College - Carroll School of Management, University of Massachusetts Boston and Northeastern University
Downloads 93 (175,789)

Abstract:

International finance, LBO, private equity, open sky agreement

55.

Management Quality and Equity Issue Characteristics: A Comparison of SEOs and IPOs

Financial Management, Vol. 39, Issue 4, 2010
Number of pages: 51 Posted: 13 Apr 2010 Last Revised: 12 Jan 2016
Thomas J. Chemmanur, Imants Paeglis and Karen Simonyan
Boston College - Carroll School of Management, Concordia University - John Molson School of Business and Suffolk University - Department of Finance
Downloads 85 (235,953)

Abstract:

Seasoned Equity Offerings, Management Quality, Asymmetric Information

56.

The Exit Choices of Private Firms: A Dynamic Empirical Analysis

Number of pages: 58 Posted: 28 Nov 2014 Last Revised: 14 Apr 2015
Thomas J. Chemmanur, Andrea Signori and Silvio Vismara
Boston College - Carroll School of Management, Catholic University of Milan and University of Bergamo
Downloads 77 (130,724)

Abstract:

Private firm exits; initial public offerings (IPOs); post-IPO acquisitions; delistings

57.

High Differentiation and Low Standardization: The Role of Venture Capitalists in Transforming the Governance and Management of Family Firms

Number of pages: 72 Posted: 21 Aug 2015 Last Revised: 29 Jun 2016
Thomas J. Chemmanur, Gang Hu and Wu Chaopeng
Boston College - Carroll School of Management, Hong Kong Polytechnic University - School of Accounting and Finance and Xiamen University - School of Management
Downloads 52 (168,893)

Abstract:

Family Firm; Corporate Governance; Venture Capital; Standardization

58.

Top Management Human Capital, Inventor Mobility, and Corporate Innovation

Northeastern U. D’Amore-McKim School of Business Research Paper No. 2654416,
Number of pages: 61 Posted: 03 Sep 2015
Thomas J. Chemmanur, Lei Kong, Karthik Krishnan and Qianqian Yu
Boston College - Carroll School of Management, Boston College - Department of Finance, Northeastern University and Boston College - Department of Finance
Downloads 34 (121,276)

Abstract:

Corporate Innovation, Top Management Human Capital, Inventor Mobility

59.

A Model of the Editorial Process in Scientific Journals

Number of pages: 69 Posted: 15 Mar 2012 Last Revised: 11 Jun 2014
Onur Bayar and Thomas J. Chemmanur
University of Texas at San Antonio, College of Business and Boston College - Carroll School of Management
Downloads 20 (397,055)

Abstract:

Editorial process; Peer review; Scientific journals; Entrepreneurial finance.

60.

Rent Seeking, Brokerage Commissions, and Pricing and Share Allocation in Initial Public Offerings

PBCSF-NIFR Research Paper, Forthcoming
Number of pages: 55 Posted: 19 Apr 2017
Thomas J. Chemmanur, Bibo Liu and Xuan Tian
Boston College - Carroll School of Management, Tsinghua University - PBC School of Finance and Tsinghua University - PBC School of Finance
Downloads 0 (430,559)

Abstract:

IPO Pricing, Rent Seeking, Mutual Funds, Underwriters, Brokerage Commissions

61.

The Geography of Institutional Investors, Information Production, and Initial Public Offerings

Number of pages: 56 Posted: 06 Nov 2016 Last Revised: 13 Nov 2016
Thomas J. Chemmanur, Jiekun Huang and Yuyuan Zhu
Boston College - Carroll School of Management, University of Illinois at Urbana-Champaign - Department of Finance and Boston College, Carroll School of Management, Department of Finance
Downloads 0 (310,342)

Abstract:

Institutional Investors, Information Production, Geography, Initial Public Offering

62.

Venture Capital Backing, Investor Attention, and Initial Public Offerings

Number of pages: 64 Posted: 14 Oct 2016
Thomas J. Chemmanur, Karthik Krishnan and Qianqian Yu
Boston College - Carroll School of Management, Northeastern University and Boston College - Department of Finance
Downloads 0 (204,314)

Abstract:

Initial Public Offerings, Investor Attention, Venture Capital

63.

How to Motivate Fundamental Innovation: Subsidies versus Prizes and the Role of Venture Capital

Number of pages: 78 Posted: 23 Jun 2016
Onur Bayar, Thomas J. Chemmanur and Mark H. Liu
University of Texas at San Antonio, College of Business, Boston College - Carroll School of Management and University of Kentucky - Gatton College of Business and Economics
Downloads 0 (295,058)

Abstract:

Financing of Innovations, Fundamental Innovation, Subsidies, Prizes, Venture Capital

64.

Management Quality and Innovation in Private Firms and the IPO Market Rewards to Innovative Activity

Number of pages: 59 Posted: 21 Jun 2016 Last Revised: 05 Sep 2016
Thomas J. Chemmanur, Manish Gupta and Karen Simonyan
Boston College - Carroll School of Management, Nottingham University Business School and Suffolk University - Department of Finance
Downloads 0 (223,042)

Abstract:

Corporate Innovation; Management Quality; Initial Public Offerings; Private Firms

65.

Optimal Financial and Contractual Structure for Building Infrastructure using Limited-Recourse Project Financing

Number of pages: 71 Posted: 17 Jun 2016 Last Revised: 19 Jun 2016
Onur Bayar, Thomas J. Chemmanur and Sanjay Banerji
University of Texas at San Antonio, College of Business, Boston College - Carroll School of Management and University of Nottingham
Downloads 0 (336,316)

Abstract:

limited-recourse project financing, public-private partnerships, infrastructure finance, build-operate-transfer, build-operate-own, financial contracting

66.

Innovation Beyond Firm Boundaries: Common Blockholders, Strategic Alliances, and Corporate Innovation

Asian Finance Association (AsianFA) 2016 Conference
Number of pages: 51 Posted: 01 Oct 2015 Last Revised: 15 Dec 2016
Thomas J. Chemmanur, Yao Shen and Jing Xie
Boston College - Carroll School of Management, Baruch College (CUNY) and Hong Kong Polytechnic University - School of Accounting and Finance
Downloads 0 (299,925)

Abstract:

Blockholders, Strategic Alliances, Firm Boundaries, Innovation, R&D

67.

Reputation, Renegotiation, and the Choice between Bank Loans and Publicly Traded Debt

REVIEW OF FINANCIAL STUDIES Volume 7, Number 3, 1994
Posted: 10 May 2000
Thomas J. Chemmanur and Paolo Fulghieri
Boston College - Carroll School of Management and University of North Carolina Kenan-Flagler Business School

Abstract:

68.

Asymmetric Information, Corporate Myopia, and Capital Gains Tax Rates: An Analysis of Policy Prescriptions

Journal of Financial Intermediation Vol. 8, No. 3, 1999
Posted: 08 Apr 1999
Thomas J. Chemmanur and S. Abraham Ravid
Boston College - Carroll School of Management and Yeshiva University - Syms School of Business

Abstract:

69.

A Theory of the Going-Public Decision

Review of Financial Studies, Vol. 12, Issue 2
Posted: 06 Dec 1998
Thomas J. Chemmanur and Paolo Fulghieri
Boston College - Carroll School of Management and University of North Carolina Kenan-Flagler Business School

Abstract:

70.

Asymmetric Information, Corporate Myopia, and Implications For Capital Gains Tax Rates

Posted: 10 Oct 1998
Thomas J. Chemmanur and S. Abraham Ravid
Boston College - Carroll School of Management and Yeshiva University - Syms School of Business

Abstract:

71.

Why Include Warrants in New Equity Issues? A Theory of Unit IPOs

J. OF FINANCIAL AND QUANTITATIVE ANALYSIS, March 1997
Posted: 17 Feb 1997
Thomas J. Chemmanur and Paolo Fulghieri
Boston College - Carroll School of Management and University of North Carolina Kenan-Flagler Business School

Abstract:

72.

Why Include Warrants In New Equity Issues? A Theory Of Unit IPO's

Posted: 04 Jul 1995
Thomas J. Chemmanur and Paolo Fulghieri
Boston College - Carroll School of Management and University of North Carolina Kenan-Flagler Business School

Abstract:

Other Papers (4)

Total Downloads: 1,240    Citations: 20
1.

Human Capital, Capital Structure, and Employee Pay: An Empirical Analysis

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 56 Posted: 17 Mar 2008 Last Revised: 28 Feb 2013
Thomas J. Chemmanur, Yingmei Cheng and Tianming Zhang
Boston College - Carroll School of Management, Florida State University - College of Business and Florida State University - Department of Accounting
Downloads 278 (7,012)
Citation 5

Abstract:

Capital structure, Human capital, Labor costs

2.

Product Market Advertising, IPO Valuation, and Long-Run Stock Returns

Number of pages: 60 Posted: 19 Mar 2008 Last Revised: 16 Mar 2010
Thomas J. Chemmanur and An Yan
Boston College - Carroll School of Management and Fordham University - Gabelli School of Business
Downloads 202
Citation 3

Abstract:

IPO, Advertising, IPO Long Run Return, IPO Valuation

3.

Management Quality, Financial Policies, and Asymmetric Information

EFA 2007 Ljubljana Meetings Paper
Number of pages: 54 Posted: 06 Mar 2007
Thomas J. Chemmanur, Imants Paeglis and Karen Simonyan
Boston College - Carroll School of Management, Concordia University - John Molson School of Business and Suffolk University - Department of Finance
Downloads 65
Citation 3

Abstract:

Management Quality, Capital Structure, Dividend Policy, Investment Policy, Asymmetric Information

4.

Why do Firms Undertake Accelerated Share Repurchase Programs?

Number of pages: 57 Posted: 26 Mar 2008 Last Revised: 26 May 2010
Thomas J. Chemmanur, Yingmei Cheng and Tianming Zhang
Boston College - Carroll School of Management, Florida State University - College of Business and Florida State University - Department of Accounting
Downloads 0 (58,153)
Citation 9

Abstract:

Accelerated Share Repurchase, Open Market Repurchase, Signalling