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

27

DOWNLOADS
Rank 3,867

SSRN RANKINGS

Top 3,867

in Total Papers Downloads

8,408

CITATIONS
Rank 3,948

SSRN RANKINGS

Top 3,948

in Total Papers Citations

137

Scholarly Papers (27)

1.

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

Tuck-JFQA Contemporary Corporate Governance Issues II Conference
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 1,272 (11,451)
Citation 45

Abstract:

2.

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

Contemporary Accounting Research, Vol. 27, No. 1, 2010
Number of pages: 51 Posted: 12 Jan 2006 Last Revised: 11 Mar 2013
Joel F. Houston, Baruch Lev and Jenny Wu 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 Administration
Downloads 1,237 (12,382)
Citation 38

Abstract:

earnings guidance, voluntary disclosure, analyst following, managerial myopia

3.

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 San Diego School of Law
Downloads 881 (18,392)
Citation 5

Abstract:

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

4.

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

EFA 2004 Maastricht Meetings Paper No. 2495; University of Florida Working Paper
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 568 (35,946)
Citation 16

Abstract:

IPO, analysts, recommendations, target prices

5.
Downloads 561 ( 38,977)
Citation 7

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 (马跃) 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 (CityUHK) - Department of Economics & Finance
Downloads 524 (42,000)
Citation 7

Abstract:

Regulatory Arbitrage, International Bank Flow, Financial Regulation

Regulatory Arbitrage and International Bank Flows

HKIMR Working Paper No.15/2012
Number of pages: 56 Posted: 31 May 2012
Joel F. Houston, Chen Lin and (马跃) 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 (CityUHK) - Department of Economics & Finance
Downloads 37 (378,329)
Citation 7

Abstract:

6.

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 (马跃) 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 (CityUHK) - Department of Economics & Finance
Downloads 387 (43,188)
Citation 4

Abstract:

Political connection, cost of debt, loan contracting

7.

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-Sarasota, University of Florida - Department of Finance, Insurance and Real Estate and University of Florida - Warrington College of Business Administration
Downloads 341 (51,809)

Abstract:

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

8.

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 306 (74,108)
Citation 6

Abstract:

Loan pricing, Global lending markets, Syndicated Loans

9.

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 263 (89,596)
Citation 11

Abstract:

Financial Services and Risk

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 (马跃) 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 (CityUHK) - Department of Economics & Finance
Downloads 220 (114,698)
Citation 3

Abstract:

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 (马跃) 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 (CityUHK) - Department of Economics & Finance

Abstract:

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

11.

Social Networks in the Global Banking Sector

Number of pages: 71 Posted: 02 Jul 2013 Last Revised: 20 May 2017
Joel F. Houston, Jongsub Lee and Felix Suntheim
University of Florida - Department of Finance, Insurance and Real Estate, University of Florida - Warrington College of Business Administration and Financial Conduct Authority
Downloads 201 (64,046)

Abstract:

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

Does Bank Monitoring Matter to Bondholders?

HKIMR Working Paper No.16/2014
Number of pages: 39 Posted: 22 Jul 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 affiliation not provided to SSRN
Downloads 120 (196,061)

Abstract:

Loan Contracting, Bond Market Returns, Cross Monitoring

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 affiliation not provided to SSRN
Downloads 80 (259,400)

Abstract:

Loan contracting, Bond market returns, Cross monitoring

13.

Causes and Consequences of International Bank Flows

Number of pages: 51 Posted: 07 Aug 2009
Joel F. Houston, Chen Lin and (马跃) 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 (CityUHK) - Department of Economics & Finance
Downloads 137 (171,995)

Abstract:

International Bank Flow, Institutional Distance, Regulatory Arbitrage

14.

The Financial Implications of Supply Chain Changes

Number of pages: 46 Posted: 31 Dec 2014
Joel F. Houston, Chen Lin and Zhongyan Zhu
University of Florida - Department of Finance, Insurance and Real Estate, The University of Hong Kong - Faculty of Business and Economics and Monash University
Downloads 104 (80,496)

Abstract:

15.

Shareholder Litigation and Management Earnings Forecasts

Number of pages: 55 Posted: 31 Aug 2015
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, The University of Hong Kong - Faculty of Business and Economics and Lingnan University
Downloads 97 (76,617)

Abstract:

Earnings forecasts, Litigation Risk, Shareholder Protection, the Ninth Circuit Ruling, Capital Market Incentives

16.

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

Number of pages: 46 Posted: 09 May 2014
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 67 (184,641)

Abstract:

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

17.

Shareholder Protection and the Cost of Capital

Number of pages: 48 Posted: 17 Sep 2015 Last Revised: 18 Sep 2015
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 61 (89,265)

Abstract:

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

18.

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-Sarasota, University of Florida - Department of Finance, Insurance and Real Estate and University of Florida - Warrington College of Business Administration
Downloads 42 (328,587)
Citation 2

Abstract:

Diversification, Firm Evolution, Survival

19.

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

Number of pages: 62 Posted: 17 Aug 2016 Last Revised: 23 Jan 2017
Joel F. Houston, Jongsub Lee and Hongyu Shan
University of Florida - Department of Finance, Insurance and Real Estate, University of Florida - Warrington College of Business Administration and University of Florida - Warrington College of Business Administration
Downloads 0 (163,391)

Abstract:

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

20.

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 (马跃) 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 (CityUHK) - Department of Economics & Finance

Abstract:

Political connection, cost of debt, loan contracting

21.

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

Journal of Business, Vol. 74, No. 3, July 2001
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

Abstract:

22.

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

Abstract:

23.

Optimal Maturity Structure with Multiple Debt Claims

J of Financial and Quantitative Analysis, Vol 29. No. 2, June 1994
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

Abstract:

24.

Information Revelation, Lock-In, and Bank Loan Commitments

JOURNAL OF FINANCIAL INTERMEDIATION Vol 3 No 4, 1994
Posted: 27 Oct 1999
Joel F. Houston and Subu Venkataraman
University of Florida - Department of Finance, Insurance and Real Estate and Morgan Stanley

Abstract:

25.

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

Journal of Money, Credit, and Banking, Vol. 31, No. 1, February 1999
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

Abstract:

26.

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

Abstract:

27.

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

Abstract: