Joel F. Houston

University of Florida - Department of Finance, Insurance and Real Estate

Professor

P.O. Box 117168

Gainesville, FL 32611

United States

SCHOLARLY PAPERS

31

DOWNLOADS
Rank 4,063

SSRN RANKINGS

Top 4,063

in Total Papers Downloads

19,027

TOTAL CITATIONS
Rank 2,428

SSRN RANKINGS

Top 2,428

in Total Papers Citations

506

Scholarly Papers (31)

1.

Corporate ESG Profiles and Banking Relationships

Review of Financial Studies, Forthcoming
Number of pages: 63 Posted: 13 Feb 2019 Last Revised: 27 Jul 2023
Joel F. Houston and Hongyu Shan
University of Florida - Department of Finance, Insurance and Real Estate and China Europe International Business School (CEIBS)
Downloads 3,397 (7,296)
Citation 3

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ESG, banking, responsible lending, creditor control

2.

Litigation Risk and Voluntary Disclosure: Evidence from Legal Changes

The Accounting Review, Forthcoming
Number of pages: 53 Posted: 31 Aug 2015 Last Revised: 19 Dec 2018
Joel F. Houston, Chen Lin, Sibo Liu and Lai Wei
University of Florida - Department of Finance, Insurance and Real Estate, The University of Hong Kong - Faculty of Business and Economics, Hong Kong Baptist University and Lingnan University - Department of Finance and Insurance
Downloads 1,508 (26,180)
Citation 73

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earnings forecasts, litigation risk, shareholder protection

3.

To Guide Or Not to Guide? Causes and Consequences of Stopping Quarterly Earnings Guidance

Contemporary Accounting Research, 2010, Vol. 27 (1): 143-185
Number of pages: 51 Posted: 12 Jan 2006 Last Revised: 24 Mar 2019
Joel F. Houston, Baruch Lev and Jennifer Tucker
University of Florida - Department of Finance, Insurance and Real Estate, New York University - Stern School of Business and University of Florida - Warrington College of Business
Downloads 1,496 (26,517)
Citation 38

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earnings guidance, voluntary disclosure, analyst following, managerial myopia

4.

Capital Market Development, Integration, Legal Systems, and the Value of Corporate Diversification: A Cross-Country Analysis

Number of pages: 34 Posted: 31 Jul 2002
Larry Fauver, Joel F. Houston and Andy Naranjo
University of Tennessee, Knoxville - Department of Finance, University of Florida - Department of Finance, Insurance and Real Estate and University of Florida - Warrington College of Business Administration
Downloads 1,412 (28,903)
Citation 26

Abstract:

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5.

How Does ESG Shape Consumption?

HKU Jockey Club Enterprise Sustainability Global Research Institute - Archive
Number of pages: 61 Posted: 18 Oct 2022 Last Revised: 25 Oct 2024
Joel F. Houston, Chen Lin, Hongyu Shan and Mo Shen
University of Florida - Department of Finance, Insurance and Real Estate, The University of Hong Kong - Faculty of Business and Economics, China Europe International Business School (CEIBS) and Harbert College of Business, Auburn University
Downloads 1,322 (31,913)

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ESG, product market, consumption

6.

Credit Default Swap Spreads as Viable Substitutes for Credit Ratings

University of Pennsylvania Law Review, Vol. 158, 2010, San Diego Legal Studies Paper No. 10-031
Number of pages: 40 Posted: 27 Aug 2010 Last Revised: 03 Sep 2010
Mark J. Flannery, Joel F. Houston and Frank Partnoy
University of Florida - Department of Finance, Insurance and Real Estate, University of Florida - Department of Finance, Insurance and Real Estate and University of California, Berkeley - School of Law
Downloads 1,215 (35,960)
Citation 8

Abstract:

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credit ratings, credit default swaps, finance, structured finance, event studies

7.

Political Connections and the Cost of Bank Loans

Number of pages: 52 Posted: 18 Aug 2011 Last Revised: 21 Feb 2012
Joel F. Houston, Liangliang Jiang, Chen Lin and Yue Ma
University of Florida - Department of Finance, Insurance and Real Estate, Hong Kong Polytechnic University, The University of Hong Kong - Faculty of Business and Economics and City University of Hong Kong (CityU) - Department of Economics & Finance
Downloads 1,079 (42,795)
Citation 140

Abstract:

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Political connection, cost of debt, loan contracting

8.

Corporate Socially Responsible Investments: CEO Altruism, Reputation, and Shareholder Interests

Borghesi, Richard, Joel Houston, and Andy Naranjo, 2014. Corporate Socially Responsible Investments: CEO Altruism, Reputation, and Shareholder Interests, Journal of Corporate Finance 26, 164-181.
Number of pages: 46 Posted: 08 Nov 2012 Last Revised: 02 Oct 2014
Richard Borghesi, Joel F. Houston and Andy Naranjo
University of South Florida, University of Florida - Department of Finance, Insurance and Real Estate and University of Florida - Warrington College of Business Administration
Downloads 1,008 (47,082)
Citation 31

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Corporate Social Responsibility, Corporate Governance, Media Coverage, Political Connections

9.
Downloads 711 (59,461)
Citation 43

Regulatory Arbitrage and International Bank Flows

Journal of Finance, Forthcoming
Number of pages: 61 Posted: 20 Dec 2009 Last Revised: 29 Aug 2011
Joel F. Houston, Chen Lin and Yue Ma
University of Florida - Department of Finance, Insurance and Real Estate, The University of Hong Kong - Faculty of Business and Economics and City University of Hong Kong (CityU) - Department of Economics & Finance
Downloads 711 (74,365)
Citation 43

Abstract:

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Regulatory Arbitrage, International Bank Flow, Financial Regulation

10.

Shareholder Protection and the Cost of Capital

Journal of Law and Economics, Forthcoming
Number of pages: 45 Posted: 17 Sep 2015 Last Revised: 06 Aug 2018
Joel F. Houston, Chen Lin and Wensi Xie
University of Florida - Department of Finance, Insurance and Real Estate, The University of Hong Kong - Faculty of Business and Economics and The Chinese University of Hong Kong (CUHK) - CUHK Business School
Downloads 812 (63,364)
Citation 32

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Shareholder protection, Universal demand (UD) laws, Implied cost of capital (ICOC)

11.

Social Networks in the Global Banking Sector

Journal of Accounting & Economics (JAE), Forthcoming
Number of pages: 70 Posted: 02 Jul 2013 Last Revised: 08 Oct 2017
Joel F. Houston, Jongsub Lee and Felix Suntheim
University of Florida - Department of Finance, Insurance and Real Estate, Seoul National University and International Monetary Fund (IMF) - Monetary and Capital Markets Department
Downloads 676 (80,424)
Citation 21

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Top global banks, director social networks, pairwise connection, network centrality, loan syndication, systemic risk, IFRS, bank regulation, financial crisis

12.

What a Difference a Month Makes: Stock Analyst Valuations Following Initial Public Offerings

Number of pages: 39 Posted: 14 Aug 2003
University of Florida - Department of Finance, Insurance and Real Estate, University of Florida - Department of Finance, Insurance and Real Estate and LSV Asset Management
Downloads 651 (84,362)
Citation 5

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IPO, analysts, recommendations, target prices

13.

The Financial Implications of Supply Chain Changes

Number of pages: 46 Posted: 31 Dec 2014
Joel F. Houston, Chen Lin and John C. Chu
University of Florida - Department of Finance, Insurance and Real Estate, The University of Hong Kong - Faculty of Business and Economics and Monash University
Downloads 515 (113,389)
Citation 8

Abstract:

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14.

Borrowing Beyond Borders: The Geography and Pricing of Syndicated Bank Loans

Number of pages: 51 Posted: 12 Mar 2007
Joel F. Houston, Jennifer Itzkowitz and Andy Naranjo
University of Florida - Department of Finance, Insurance and Real Estate, Seton Hall University - Department of Finance & Legal Studies and University of Florida - Warrington College of Business Administration
Downloads 497 (118,358)
Citation 11

Abstract:

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Loan pricing, Global lending markets, Syndicated Loans

15.

Customer Capital and Deposit Stability

Number of pages: 78 Posted: 14 Dec 2020 Last Revised: 28 Jul 2024
Peter R. Demerjian, Joel F. Houston, Hongyu Shan and Yu Shan
School of Accountancy, J. Mack Robinson College of Business, Georgia State University, University of Florida - Department of Finance, Insurance and Real Estate, China Europe International Business School (CEIBS) and Syracuse University - Whitman School of Management
Downloads 487 (121,259)

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JEL classification: M41, G20, G21, G28, G41 non-financial information disclosure, ESG, intangible assets, customer capital, deposit stability, textual analysis, machine learning

16.

In Search of Board Independence: Former Employees, Shades of Gray and Director Classifications Revisited

Number of pages: 61 Posted: 17 Aug 2016 Last Revised: 12 Jul 2019
Joel F. Houston, Jongsub Lee and Hongyu Shan
University of Florida - Department of Finance, Insurance and Real Estate, Seoul National University and China Europe International Business School (CEIBS)
Downloads 431 (140,319)
Citation 4

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functioning independence, former employees, gray directors, shades of gray, cooling-off period, reporting conservatism, corporate fraud, CEO turnover

17.

Hidden in Plain Sight: The Role of Corporate Board of Directors in Public Charity Lobbying

Management Science, Accepted
Number of pages: 64 Posted: 29 Sep 2020 Last Revised: 01 Feb 2025
Changhyun Ahn, Joel F. Houston and Sehoon Kim
The Chinese University of Hong Kong (CUHK) - CUHK Business School, University of Florida - Department of Finance, Insurance and Real Estate and University of Florida - Department of Finance, Insurance and Real Estate
Downloads 426 (142,267)
Citation 1

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Corporate Political Activities, Corporate Social Responsibility, Board of Directors, Political Connections, Lobbying, Public Charities, Nonprofit Organizations

18.

Three Decades of Financial Sector Risk

FRB of New York Staff Report No. 248
Number of pages: 61 Posted: 16 Mar 2006
Joel F. Houston and Kevin J. Stiroh
University of Florida - Department of Finance, Insurance and Real Estate and Federal Reserve Bank of New York
Downloads 366 (168,896)
Citation 21

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Financial Services and Risk

19.
Downloads 152 (171,445)
Citation 2

Does Bank Monitoring Matter to Bondholders?

Number of pages: 43 Posted: 20 Jun 2014 Last Revised: 23 Jun 2014
Joel F. Houston, Chen Lin and Junbo Wang
University of Florida - Department of Finance, Insurance and Real Estate, The University of Hong Kong - Faculty of Business and Economics and City University of Hong Kong (CityU) - Department of Economics and Finance
Downloads 152 (397,732)
Citation 2

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Loan contracting, Bond market returns, Cross monitoring

Media Ownership, Concentration and Corruption in Bank Lending

Journal of Financial Economics (JFE), Vol. 100, No. 2, 2011
Number of pages: 51 Posted: 22 Feb 2010 Last Revised: 23 May 2013
Joel F. Houston, Chen Lin and Yue Ma
University of Florida - Department of Finance, Insurance and Real Estate, The University of Hong Kong - Faculty of Business and Economics and City University of Hong Kong (CityU) - Department of Economics & Finance
Downloads 326 (189,880)
Citation 31

Abstract:

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bank lending, corruption, media concentration, ownership, bank supervision

Media Ownership, Concentration and Corruption in Bank Lending

Posted: 23 Feb 2010
Joel F. Houston, Chen Lin and Yue Ma
University of Florida - Department of Finance, Insurance and Real Estate, The University of Hong Kong - Faculty of Business and Economics and City University of Hong Kong (CityU) - Department of Economics & Finance

Abstract:

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bank lending, corruption, media concentration, ownership, bank supervision

21.

Borrowing Beyond Borders: Foreign Assets, Lender Choice, and Loan Pricing in the Syndicated Bank Loan Market

Journal of Corporate Finance, Vol. 42, 2017
Number of pages: 46 Posted: 09 May 2014 Last Revised: 19 Jun 2019
Joel F. Houston, Jennifer Itzkowitz and Andy Naranjo
University of Florida - Department of Finance, Insurance and Real Estate, Seton Hall University - Department of Finance & Legal Studies and University of Florida - Warrington College of Business Administration
Downloads 209 (299,452)
Citation 7

Abstract:

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Syndicated loans, multinational firms, lead lender, loan pricing, geography, foreign assets, FDI, integration, international banking

22.

Causes and Consequences of International Bank Flows

Number of pages: 51 Posted: 07 Aug 2009
Joel F. Houston, Chen Lin and Yue Ma
University of Florida - Department of Finance, Insurance and Real Estate, The University of Hong Kong - Faculty of Business and Economics and City University of Hong Kong (CityU) - Department of Economics & Finance
Downloads 190 (327,095)

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International Bank Flow, Institutional Distance, Regulatory Arbitrage

23.

Value, Survival, and the Evolution of Firm Organizational Structure

Financial Management 36(3), 5-31, 2006
Number of pages: 39 Posted: 21 Sep 2012
Richard Borghesi, Joel F. Houston and Andy Naranjo
University of South Florida, University of Florida - Department of Finance, Insurance and Real Estate and University of Florida - Warrington College of Business Administration
Downloads 141 (422,114)
Citation 1

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Diversification, Firm Evolution, Survival

24.

Political Connections and the Cost of Bank Loans

Journal of Accounting Research, Vol. 52, No. 1, 2014
Posted: 28 Mar 2014
Joel F. Houston, Liangliang Jiang, Chen Lin and Yue Ma
University of Florida - Department of Finance, Insurance and Real Estate, Hong Kong Polytechnic University, The University of Hong Kong - Faculty of Business and Economics and City University of Hong Kong (CityU) - Department of Economics & Finance

Abstract:

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Political connection, cost of debt, loan contracting

25.

Do Relationships Have Limits? Banking Relationships, Financial Constraints and Investment

Posted: 03 Jul 2001
Joel F. Houston and Christopher M. James
University of Florida - Department of Finance, Insurance and Real Estate and University of Florida - Department of Finance, Insurance and Real Estate

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26.

The Market Response to Federal Inspections of U.S. Bank Holding Companies

Posted: 11 May 2000
Mark J. Flannery and Joel F. Houston
University of Florida - Department of Finance, Insurance and Real Estate and University of Florida - Department of Finance, Insurance and Real Estate

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27.

Optimal Maturity Structure with Multiple Debt Claims

Posted: 23 Dec 1999
Joel F. Houston and S. Venkatarman
University of Florida - Department of Finance, Insurance and Real Estate and University of Florida - Warrington College of Business Administration

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28.

Information Revelation, Lock-In, and Bank Loan Commitments

Posted: 27 Oct 1999
Joel F. Houston and Subu Venkataraman
University of Florida - Department of Finance, Insurance and Real Estate and Morgan Stanley

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29.

The Value of a Government Monitor for U.S. Banking Firms

Posted: 14 Sep 1998
Mark J. Flannery and Joel F. Houston
University of Florida - Department of Finance, Insurance and Real Estate and University of Florida - Department of Finance, Insurance and Real Estate

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30.

Equity Issuance and Adverse Selection: A Direct Test Using Conditional Stock Offers

J. OF FINANCE, Vol. 52 No. 1, March 1997
Posted: 20 Jan 1997
Joel F. Houston and Michael D. Ryngaert
University of Florida - Department of Finance, Insurance and Real Estate and University of Florida - Department of Finance, Insurance and Real Estate

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31.

Bank Information Monopolies and the Mix of Private and Public Debt Claims

J. OF FINANCE, Vol. 51 No. 5, December 1996
Posted: 15 Oct 1996
Joel F. Houston and Christopher M. James
University of Florida - Department of Finance, Insurance and Real Estate and University of Florida - Department of Finance, Insurance and Real Estate

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