Author Page for Malcolm P. Baker

Harvard Business School, University of Oklahoma - Michael F. Price College of Business, University of Pennsylvania - Finance Department and NYU Stern School of Business

Downloads 1,718 (7,846)

Citation 57

Abstract:

Can Mutual Fund Managers Pick Stocks? Evidence from Their Trades Prior to Earnings Announcements

NYU Working Paper No. SC-AM-05-02

Number of pages: 31 Posted: 04 Nov 2008

Malcolm P. Baker, Lubomir P. Litov, Jessica A. Wachter and Jeffrey Wurgler

Harvard Business School, University of Oklahoma - Michael F. Price College of Business, University of Pennsylvania - Finance Department and NYU Stern School of Business

Downloads 386 (66,426)

Citation 57

Abstract:

Can Mutual Fund Managers Pick Stocks? Evidence from the Trades Prior to Earnings Announcements

NBER Working Paper No. w10685

Number of pages: 31 Posted: 08 Sep 2004 Last Revised: 23 Oct 2010

Malcolm P. Baker, Lubomir P. Litov, Jessica A. Wachter and Jeffrey Wurgler

Harvard Business School, University of Oklahoma - Michael F. Price College of Business, University of Pennsylvania - Finance Department and NYU Stern School of Business

Downloads 371 (69,598)

Citation 57

Abstract:

Can Mutual Fund Managers Pick Stocks? Evidence from Their Trades Prior to Earnings Announcements

NYU Working Paper No. FIN-04-015

Number of pages: 31 Posted: 03 Nov 2008

Malcolm P. Baker, Lubomir P. Litov, Jessica A. Wachter and Jeffrey Wurgler

Harvard Business School, University of Oklahoma - Michael F. Price College of Business, University of Pennsylvania - Finance Department and NYU Stern School of Business

Downloads 304 (87,643)

Citation 57

Abstract:

7.

Investor Sentiment and the Cross-Section of Stock Returns

Downloads 2,767 ( 3,542)

Citation 308

6

Investor Sentiment and the Cross-Section of Stock Returns

Number of pages: 52 Posted: 18 Nov 2003 Last Revised: 13 Jan 2009

Malcolm P. Baker and Jeffrey Wurgler

Harvard Business School and NYU Stern School of Business

Downloads 2,270 (4,881)

Citation 308

Abstract:

Investor Sentiment and the Cross-Section of Stock Returns

NYU Working Paper No. S-MF-03-20

Number of pages: 46 Posted: 12 Nov 2008

Malcolm P. Baker and Jeffrey Wurgler

Harvard Business School and NYU Stern School of Business

Downloads 193 (139,864)

Citation 308

Abstract:

Investor Sentiment and the Cross-Section of Stock Returns

NBER Working Paper No. w10449

Number of pages: 49 Posted: 10 May 2004 Last Revised: 22 Jul 2010

Malcolm P. Baker and Jeffrey Wurgler

Harvard Business School and NYU Stern School of Business

Downloads 114 (218,098)

Citation 308

Abstract:

Investor Sentiment and the Cross-Section of Stock Returns

NYU Working Paper No. FIN-03-030

Number of pages: 47 Posted: 11 Nov 2008

Malcolm P. Baker and Jeffrey Wurgler

Harvard Business School and NYU Stern School of Business

Downloads 97 (244,851)

Citation 308

Abstract:

Investor Sentiment and the Cross-Section of Stock Returns

NYU Working Paper No. SC-AM-03-13

Number of pages: 47 Posted: 04 Nov 2008

Malcolm P. Baker and Jeffrey Wurgler

Harvard Business School and NYU Stern School of Business

Downloads 93 (251,969)

Citation 308

Abstract:

Investor Sentiment and the Cross-Section of Stock Returns

Journal of Finance, Vol. 61, No. 4, pp. 1645-1680, August 2006

Posted: 20 Apr 2005 Last Revised: 13 Jan 2009

Malcolm P. Baker and Jeffrey Wurgler

Harvard Business School and NYU Stern School of Business

Abstract:

8.

Global, Local, and Contagious Investor Sentiment

Downloads 2,249 ( 5,065)

Citation 22

2

Global, Local, and Contagious Investor Sentiment

Journal of Financial Economics (JFE), Vol. 104, pp 272-287, May 2012, AFA 2010 Atlanta Meetings Paper

Number of pages: 47 Posted: 23 Mar 2009 Last Revised: 11 Mar 2012

Malcolm P. Baker, Jeffrey Wurgler and Yu Yuan

Harvard Business School, NYU Stern School of Business and Shanghai Jiao Tong University (SJTU) - Shanghai Advanced Institute of Finance (SAIF)

Downloads 1,862 (6,806)

Citation 22

Abstract:

Global, Local, and Contagious Investor Sentiment

Journal of Financial Economics (JFE), Vol. 104, No. 2, 2012, NYU Working Paper No. FIN-09-002

Number of pages: 47 Posted: 08 Jun 2009 Last Revised: 11 Mar 2012

Malcolm P. Baker, Jeffrey Wurgler and Yu Yuan

Harvard Business School, NYU Stern School of Business and Shanghai Jiao Tong University (SJTU) - Shanghai Advanced Institute of Finance (SAIF)

Downloads 387 (66,214)

Citation 22

Abstract:

9.

Behavioral Corporate Finance: An Updated Survey

Downloads 2,123 ( 5,582)

Citation 101

4

Behavioral Corporate Finance: An Updated Survey

HANDBOOK OF THE ECONOMICS OF FINANCE, Vol. 2, George M. Constantinides, Milton Harris, and Rene M. Stulz, eds., Elsevier Press, 2012

Number of pages: 106 Posted: 15 Aug 2011

Malcolm P. Baker and Jeffrey Wurgler

Harvard Business School and NYU Stern School of Business

Downloads 1,455 (10,273)

Citation 101

Abstract:

Behavioral Corporate Finance: An Updated Survey

Handbook of the Economics, George M. Constantinides, Milton Harris, Rene M. Stulz, eds., Vol. 2, Elsevier Press, 2012, NYU Working Paper No. FIN-11-022

Number of pages: 106 Posted: 14 Dec 2011

Malcolm P. Baker and Jeffrey Wurgler

Harvard Business School and NYU Stern School of Business

Downloads 446 (55,912)

Citation 101

Abstract:

Behavioral Corporate Finance: An Updated Survey

NYU Working Paper No. 2451/31355

Number of pages: 106 Posted: 26 Jun 2013

Malcolm P. Baker and Jeffrey Wurgler

Harvard Business School and NYU Stern School of Business

Downloads 149 (176,276)

Citation 101

Abstract:

Behavioral Corporate Finance: An Updated Survey

NBER Working Paper No. w17333

Number of pages: 107 Posted: 29 Aug 2011

Malcolm P. Baker and Jeffrey Wurgler

Harvard Business School and NYU Stern School of Business

Downloads 73 (292,515)

Citation 101

Abstract:

10.

The Determinants of Board Structure at the Initial Public Offering

Downloads 2,086 ( 5,723)

Citation 116

2

The Determinants of Board Structure at the Initial Public Offering

Number of pages: 43 Posted: 24 Jul 2000 Last Revised: 22 Jan 2009

Malcolm P. Baker and Paul A. Gompers

Harvard Business School and Harvard Business School - Finance Unit

Downloads 2,086 (5,606)

Citation 116

Abstract:

The Determinants of Board Structure at the Initial Public Offering

Journal of Law and Economics, Vol. 46, No. 2, pp. 569-598, October 2003

Posted: 12 Oct 2004 Last Revised: 22 Jan 2009

Malcolm P. Baker and Paul A. Gompers

Harvard Business School and Harvard Business School - Finance Unit

Abstract:

11.

Appearing and Disappearing Dividends: The Link to Catering Incentives

Downloads 1,975 ( 6,282)

Citation 69

6

Appearing and Disappearing Dividends: The Link to Catering Incentives

Number of pages: 25 Posted: 13 Jan 2003 Last Revised: 12 Aug 2008

Malcolm P. Baker and Jeffrey Wurgler

Harvard Business School and NYU Stern School of Business

Downloads 1,356 (11,541)

Citation 59

Abstract:

Why are Dividends Disappearing? An Empirical Analysis

NYU Working Paper No. S-CG-02-09

Number of pages: 65 Posted: 04 Nov 2008

Malcolm P. Baker and Jeffrey Wurgler

Harvard Business School and NYU Stern School of Business

Downloads 299 (89,334)

Citation 68

Abstract:

Why are Dividends Disappearing? An Empirical Analysis

NYU Working Paper No. FIN-02-056

Number of pages: 64 Posted: 03 Nov 2008

Malcolm P. Baker and Jeffrey Wurgler

Harvard Business School and NYU Stern School of Business

Downloads 182 (148,515)

Citation 68

Abstract:

Appearing and Disappearing Dividends: The Link to Catering Incentives

NYU Working Paper No. FIN-03-023

Number of pages: 26 Posted: 11 Nov 2008

Malcolm P. Baker and Jeffrey Wurgler

Harvard Business School and NYU Stern School of Business

Downloads 94 (250,150)

Citation 59

Abstract:

Appearing and Disappearing Dividends: The Link to Catering Incentives

NBER Working Paper No. w9995

Number of pages: 25 Posted: 28 Sep 2003

Malcolm P. Baker and Jeffrey Wurgler

Harvard Business School and NYU Stern School of Business

Downloads 44 (376,053)

Citation 59

Abstract:

Appearing and Disappearing Dividends: The Link to Catering Incentives

Harvard NOM Working Paper No. 03-51

Posted: 18 Sep 2003 Last Revised: 13 Aug 2008

Malcolm P. Baker and Jeffrey Wurgler

Harvard Business School and NYU Stern School of Business

Abstract:

12.

Executive Ownership and Control in Newly Public Firms: The Role of Venture Capitalists

Number of pages: 39 Posted: 06 Jun 1999 Last Revised: 13 Jan 2009

Malcolm P. Baker and Paul A. Gompers

Harvard Business School and Harvard Business School - Finance Unit

Downloads 1,882 (6,447)

Citation 19

Abstract:

13.

Multinationals as Arbitrageurs: The Effect of Stock Market Valuations on Foreign Direct Investment

Downloads 1,758 ( 7,701)

Citation 33

7

Multinationals as Arbitrageurs: The Effect of Stock Market Valuations on Foreign Direct Investment

Number of pages: 63 Posted: 02 Nov 2005 Last Revised: 12 Aug 2008

Malcolm P. Baker, C. Fritz Foley and Jeffrey Wurgler

Harvard Business School, Harvard Business School and NYU Stern School of Business

Downloads 1,241 (13,274)

Citation 26

Abstract:

Stock Market Valuations and Foreign Direct Investment

NYU Working Paper No. SC-AM-04-05

Number of pages: 42 Posted: 04 Nov 2008

Malcolm P. Baker, C. Fritz Foley and Jeffrey Wurgler

Harvard Business School, Harvard Business School and NYU Stern School of Business

Downloads 219 (123,901)

Citation 26

Abstract:

The Stock Market and Investment: Evidence from FDI Flows

NYU Working Paper No. FIN-04-013

Number of pages: 39 Posted: 03 Nov 2008

Malcolm P. Baker, C. Fritz Foley and Jeffrey Wurgler

Harvard Business School, Harvard Business School and NYU Stern School of Business

Downloads 217 (125,044)

Citation 32

Abstract:

The Stock Market and Investment: Evidence from FDI Flows

NBER Working Paper No. w10559

Number of pages: 39 Posted: 04 Jul 2004

Malcolm P. Baker, C. Fritz Foley and Jeffrey Wurgler

Harvard Business School, Harvard Business School and NYU Stern School of Business

Downloads 53 (346,409)

Citation 33

Abstract:

Multinationals as Arbitrageurs: The Effect of Valuations on Foreign Direct Investment

NYU Working Paper No. 2451/31358, NYU Working Paper No. FIN-11-025

Number of pages: 33 Posted: 15 Dec 2011

Malcolm P. Baker, C. Fritz Foley and Jeffrey Wurgler

Harvard Business School, Harvard Business School and NYU Stern School of Business

Downloads 28 (442,975)

Citation 26

Abstract:

Multinationals as Arbitrageurs: The Effect of Stock Market Valuations on Foreign Direct Investment

Review of Financial Studies, Forthcoming

Posted: 30 Apr 2007 Last Revised: 12 Jan 2009

Malcolm P. Baker, C. Fritz Foley and Jeffrey Wurgler

Harvard Business School, Harvard Business School and NYU Stern School of Business

Abstract:

Multinationals as Arbitrageurs: The Effect of Stock Market Valuations on Foreign Direct Investment

The Review of Financial Studies, Vol. 22, Issue 1, pp. 337-369, 2009

Posted: 03 Jan 2009

Malcolm P. Baker, C. Fritz Foley and Jeffrey Wurgler

Harvard Business School, Harvard Business School and NYU Stern School of Business

Abstract:

14.

Market Liquidity as a Sentiment Indicator

Downloads 1,551 ( 9,469)

Citation 110

3

Market Liquidity as a Sentiment Indicator

Number of pages: 48 Posted: 02 Jul 2008 Last Revised: 13 Jan 2009

Malcolm P. Baker and Jeremy C. Stein

Harvard Business School and Harvard University - Department of Economics

Downloads 1,470 (10,100)

Citation 110

Abstract:

Market Liquidity as a Sentiment Indicator

NBER Working Paper No. w8816

Number of pages: 48 Posted: 28 Feb 2002 Last Revised: 26 Oct 2010

Malcolm P. Baker and Jeremy C. Stein

Harvard Business School and Harvard University - Department of Economics

Downloads 81 (274,915)

Citation 110

Abstract:

Market Liquidity as a Sentiment Indicator

Journal of Financial Markets, Vol. 7, No. 3, pp. 271-299, June 2004

Posted: 13 Oct 2004 Last Revised: 12 Aug 2008

Malcolm P. Baker and Jeremy C. Stein

Harvard Business School and Harvard University - Department of Economics

Abstract:

15.

The Low Risk Anomaly: A Decomposition into Micro and Macro Effects

Financial Analysts Journal, Forthcoming

Number of pages: 38 Posted: 01 Feb 2013 Last Revised: 14 Sep 2013

Malcolm P. Baker, Brendan Bradley and Ryan Taliaferro

Harvard Business School, Acadian Asset Management Inc., USA and Acadian Asset Management

Downloads 1,545 (6,723)

Citation 3

Abstract:

16.

The Equity Share in New Issues and Aggregate Stock Returns

Downloads 1,503 ( 9,937)

Citation 233

3

The Equity Share in New Issues and Aggregate Stock Returns

Number of pages: 65 Posted: 12 Aug 1999 Last Revised: 13 Jan 2009

Malcolm P. Baker and Jeffrey Wurgler

Harvard Business School and NYU Stern School of Business

Downloads 1,389 (11,079)

Citation 233

Abstract:

The Equity Share in New Issues and Aggregate Stock Returns

NYU Working Paper No. 2451/31362, NYU Working Paper No. FIN-11-029

Number of pages: 40 Posted: 15 Dec 2011

Malcolm P. Baker and Jeffrey Wurgler

Harvard Business School and NYU Stern School of Business

Downloads 114 (218,098)

Citation 233

Abstract:

The Equity Share in New Issues and Aggregate Stock Returns

Journal of Finance, Vol. 55, No. 5, October 2000

Posted: 17 Jun 2008 Last Revised: 13 Jan 2009

Malcolm P. Baker and Jeffrey Wurgler

Harvard Business School and NYU Stern School of Business

Abstract:

17.

A Catering Theory of Dividends

Downloads 1,425 ( 10,824)

Citation 154

4

A Catering Theory of Dividends

Number of pages: 61 Posted: 15 Nov 2002 Last Revised: 12 Aug 2008

Malcolm P. Baker and Jeffrey Wurgler

Harvard Business School and NYU Stern School of Business

Downloads 1,170 (14,538)

Citation 154

Abstract:

A Catering Theory of Dividends

NYU Working Paper No. FIN-02-012

Number of pages: 63 Posted: 03 Nov 2008

Malcolm P. Baker and Jeffrey Wurgler

Harvard Business School and NYU Stern School of Business

Downloads 188 (143,447)

Citation 154

Abstract:

A Catering Theory of Dividends

NBER Working Paper No. w9542

Number of pages: 63 Posted: 13 Mar 2003 Last Revised: 01 Nov 2010

Malcolm P. Baker and Jeffrey Wurgler

Harvard Business School and NYU Stern School of Business

Downloads 67 (307,114)

Citation 154

Abstract:

A Catering Theory of Dividends

Journal of Finance, Vol. 59, No. 3, pp. 1125-1165, June 2004

Posted: 15 Jul 2003 Last Revised: 13 Aug 2008

Malcolm P. Baker and Jeffrey Wurgler

Harvard Business School and NYU Stern School of Business

Abstract:

18.

When Does the Market Matter? Stock Prices and the Investment of Equity-Dependent Firms

Downloads 1,284 ( 12,855)

Citation 240

4

When Does the Market Matter? Stock Prices and the Investment of Equity-Dependent Firms

Number of pages: 48 Posted: 04 Jan 2002 Last Revised: 13 Jan 2009

Malcolm P. Baker, Jeffrey Wurgler and Jeremy C. Stein

Harvard Business School, NYU Stern School of Business and Harvard University - Department of Economics

Downloads 1,114 (15,724)

Citation 238

Abstract:

When Does the Market Matter? Stock Prices and the Investment of Equity-Dependent Firms

NYU Working Paper No. FIN-01-031

Number of pages: 39 Posted: 03 Nov 2008

Malcolm P. Baker, Jeremy C. Stein and Jeffrey Wurgler

Harvard Business School, Harvard University - Department of Economics and NYU Stern School of Business

Downloads 126 (202,163)

Citation 238

Abstract:

When Does the Market Matter? Stock Prices and the Investment of Equity-Dependent Firms

NBER Working Paper No. w8750

Number of pages: 44 Posted: 02 Feb 2002 Last Revised: 25 Nov 2002

Malcolm P. Baker, Jeffrey Wurgler and Jeremy C. Stein

Harvard Business School, NYU Stern School of Business and Harvard University - Department of Economics

Downloads 44 (376,053)

Citation 240

Abstract:

When Does the Market Matter? Stock Prices and the Investment of Equity-Dependent Firms

Quarterly Journal of Economics, Vol. 118, No. 3, pp. 969-1006, August 2003

Posted: 29 May 2003 Last Revised: 13 Aug 2008

Malcolm P. Baker, Jeffrey Wurgler and Jeremy C. Stein

Harvard Business School, NYU Stern School of Business and Harvard University - Department of Economics

Abstract:

19.

Limited Arbitrage in Mergers and Acquisitions

Downloads 1,234 ( 13,675)

Citation 51

2

Limited Arbitrage in Mergers and Acquisitions

Number of pages: 43 Posted: 26 Oct 2000 Last Revised: 13 Jan 2009

Malcolm P. Baker and Serkan Savasoglu

Harvard Business School and Morgan Stanley

Downloads 1,234 (13,402)

Citation 51

Abstract:

Limited Arbitrage in Mergers and Acquisitions

Journal of Financial Economics, Vol. 64, No. 1, pp. 91-116, April 2002

Posted: 15 Jul 2002 Last Revised: 13 Jan 2009

Malcolm P. Baker and Serkan Savasoglu

Harvard Business School and Morgan Stanley

Abstract:

20.

Government Bonds and the Cross-Section of Stock Returns

Downloads 1,199 ( 14,297)

Citation 9

9

Government Bonds and the Cross-Section of Stock Returns

AFA 2010 Atlanta Meetings Paper

Number of pages: 42 Posted: 22 Mar 2009

Malcolm P. Baker and Jeffrey Wurgler

Harvard Business School and NYU Stern School of Business

Downloads 399 (63,921)

Citation 9

Abstract:

Comovement and Predictability Relationships between Bonds and the Cross-Section of Stocks

NYU Working Paper No. 2451/29604

Number of pages: 45 Posted: 10 Aug 2010

Malcolm P. Baker and Jeffrey Wurgler

Harvard Business School and NYU Stern School of Business

Downloads 250 (108,293)

Citation 3

Abstract:

Comovement and Predictability Relationships between Bonds and the Cross-Section of Stocks

NYU Working Paper No. 2451/29604

Number of pages: 45 Posted: 10 May 2010

Malcolm P. Baker and Jeffrey Wurgler

Harvard Business School and NYU Stern School of Business

Downloads 161 (164,934)

Citation 3

Abstract:

Comovement and Predictability Relationships between Bonds and the Cross-Section of Stocks

NYU Working Paper No. 2451/29604

Number of pages: 45 Posted: 07 Jun 2010

Malcolm P. Baker and Jeffrey Wurgler

Harvard Business School and NYU Stern School of Business

Downloads 102 (236,419)

Citation 3

Abstract:

Government Bonds and the Cross-Section of Stock Returns

NYU Working Paper No. 2451/26644

Number of pages: 39 Posted: 03 Nov 2008

Malcolm P. Baker and Jeffrey Wurgler

Harvard Business School and NYU Stern School of Business

Downloads 75 (287,930)

Citation 9

Abstract:

Comovement and Predictability Relationships between Bonds and the Cross-Section of Stocks

NYU Working Paper No. 2451/29604

Number of pages: 45 Posted: 07 Sep 2010

Malcolm P. Baker and Jeffrey Wurgler

Harvard Business School and NYU Stern School of Business

Downloads 65 (312,120)

Citation 3

Abstract:

Comovement and Predictability Relationships between Bonds and Thecross-Section of Stocks

NYU Working Paper No. FIN-10-003

Number of pages: 45 Posted: 06 Oct 2010

Malcolm P. Baker and Jeffrey Wurgler

Harvard Business School and NYU Stern School of Business

Downloads 59 (328,435)

Citation 3

Abstract:

Comovement and Predictability Relationships between Bonds and the Cross-Section of Stocks

NYU Working Paper No. 2451/29604

Number of pages: 45 Posted: 06 Jul 2010

Malcolm P. Baker and Jeffrey Wurgler

Harvard Business School and NYU Stern School of Business

Downloads 50 (355,866)

Citation 3

Abstract:

Government Bonds and the Cross-Section of Stock Returnsâæ

NYU Working Paper No. FIN-05-040

Number of pages: 38 Posted: 03 Nov 2008

Malcolm P. Baker and Jeffery Wurgler

Harvard Business School and affiliation not provided to SSRN

Downloads 38 (398,506)

Citation 9

Abstract:

21.

Would Stricter Capital Requirements Raise the Cost of Capital? Bank Capital Regulation and the Low Risk Anomaly

Downloads 1,185 ( 14,549)

Citation 2

5

Would Stricter Capital Requirements Raise the Cost of Capital? Bank Capital Regulation and the Low Risk Anomaly

Number of pages: 52 Posted: 16 Mar 2013

Malcolm P. Baker and Jeffrey Wurgler

Harvard Business School and NYU Stern School of Business

Downloads 432 (57,969)

Citation 2

Abstract:

Do Strict Capital Requirements Raise the Cost of Capital? Bank Regulation, Capital Structure, and the Low Risk Anomaly

American Economic Review, Forthcoming

Number of pages: 10 Posted: 15 Mar 2015

Malcolm P. Baker and Jeffrey Wurgler

Harvard Business School and NYU Stern School of Business

Downloads 395 (64,657)

Citation 2

Abstract:

Do Strict Capital Requirements Raise the Cost of Capital? Banking Regulation and the Low Risk Anomaly

NYU Working Paper No. FIN-13-003

Number of pages: 52 Posted: 17 Mar 2013 Last Revised: 22 Apr 2013

Malcolm P. Baker and Jeffrey Wurgler

Harvard Business School and NYU Stern School of Business

Downloads 238 (113,895)

Citation 2

Abstract:

Would Stricter Capital Requirements Raise the Cost of Capital? Bank Capital Regulation and the Low Risk Anomaly

NYU Working Paper No. 2451/31748

Number of pages: 52 Posted: 24 Apr 2013

Malcolm P. Baker and Jeffrey Wurgler

Harvard Business School and NYU Stern School of Business

Downloads 91 (255,603)

Citation 2

Abstract:

Do Strict Capital Requirements Raise the Cost of Capital? Banking Regulation and the Low Risk Anomaly

NBER Working Paper No. w19018

Number of pages: 53 Posted: 04 May 2013

Malcolm P. Baker and Jeffrey Wurgler

Harvard Business School and NYU Stern School of Business

Downloads 29 (437,944)

Citation 2

Abstract:

22.

Market-Driven Corporate Finance

Downloads 1,042 ( 17,717)

Citation 15

2

Market-Driven Corporate Finance

Number of pages: 53 Posted: 23 Jan 2009 Last Revised: 29 Jul 2009

Malcolm P. Baker

Harvard Business School

Downloads 1,042 (17,385)

Citation 15

Abstract:

Capital Market-Driven Corporate Finance

Annual Review of Financial Economics, Vol. 1, pp. 181-205, 2009

Posted: 04 Jun 2010

Malcolm P. Baker

Harvard Business School

Abstract:

23.

How Does Investor Sentiment Affect the Cross-Section of Stock Returns?

Downloads 975 ( 19,595)

2

How Does Investor Sentiment Affect the Cross-Section of Stock Returns?

Number of pages: 27 Posted: 26 Jun 2008 Last Revised: 12 Jan 2009

John Wang, Jeffrey Wurgler and Malcolm P. Baker

affiliation not provided to SSRN, NYU Stern School of Business and Harvard Business School

Downloads 975 (19,246)

Citation 293

Abstract:

How Does Investor Sentiment Affect the Cross-Section of Stock Returns?

Journal of Investment Management, Vol. 6, No. 2, Second Quarter 2008

Posted: 12 May 2008 Last Revised: 12 Jan 2009

Malcolm P. Baker, John Wang and Jeffrey Wurgler

Harvard Business School, affiliation not provided to SSRN and NYU Stern School of Business

Abstract:

24.

The Maturity of Debt Issues and Predictable Variation in Bond Returns

Downloads 760 ( 26,530)

Citation 72

5

The Maturity of Debt Issues and Predictable Variation in Bond Returns

Number of pages: 45 Posted: 15 Aug 2001 Last Revised: 13 Jan 2009

Malcolm P. Baker, Robin M. Greenwood and Jeffrey Wurgler

Harvard Business School, Harvard Business School - Finance Unit and NYU Stern School of Business

Downloads 667 (33,034)

Citation 70

Abstract:

Do Firms Borrow at the Lowest-Cost Maturity? The Long-Term Share in Debt Issues and Predictable Variation in Bond Returns

NYU Working Paper No. FIN-01-020

Number of pages: 45 Posted: 03 Nov 2008

Malcolm P. Baker, Robin M. Greenwood and Jeffrey Wurgler

Harvard Business School, Harvard Business School - Finance Unit and NYU Stern School of Business

Downloads 60 (325,667)

Citation 72

Abstract:

The Maturity of Debt Issues and Predictable Variation in Bond Returns

NYU Working Paper No. 2451/31361

Number of pages: 31 Posted: 10 Sep 2013

Malcolm P. Baker, Robin M. Greenwood and Jeffrey Wurgler

Harvard Business School, Harvard Business School - Finance Unit and NYU Stern School of Business

Downloads 33 (419,524)

Citation 70

Abstract:

The Maturity of Debt Issues and Predictable Variation in Bond Returns

Journal of Financial Economics (JFE), Vol. 70, pp. 261-291, 2003, NYU Working Paper No. FIN-11-028

Posted: 15 Dec 2011

Malcolm P. Baker, Robin M. Greenwood and Jeffrey Wurgler

Harvard Business School, Harvard Business School - Finance Unit and NYU Stern School of Business

Abstract:

The Maturity of Debt Issues and Predictable Variation in Bond Returns

Journal of Financial Economics, Vol. 70, No. 2, pp. 261-291, November 2003

Posted: 09 Sep 2002 Last Revised: 13 Aug 2008

Malcolm P. Baker, Robin M. Greenwood and Jeffrey Wurgler

Harvard Business School, Harvard Business School - Finance Unit and NYU Stern School of Business

Abstract:

25.

Predicting Returns with Managerial Decisions Variables: Is There a Small-Sample Bias?

Downloads 563 ( 41,721)

Citation 25

5

Predicting Returns with Managerial Decisions Variables: Is There a Small-Sample Bias?

Number of pages: 31 Posted: 28 Sep 2004 Last Revised: 12 Aug 2008

Malcolm P. Baker, Ryan Taliaferro and Jeffrey Wurgler

Harvard Business School, Acadian Asset Management and NYU Stern School of Business

Downloads 375 (68,751)

Citation 20

Abstract:

Pseudo Market Timing and Predictive Regressions

NYU Working Paper No. FIN-04-021

Number of pages: 37 Posted: 03 Nov 2008

Malcolm P. Baker, Ryan Taliaferro and Jeffrey Wurgler

Harvard Business School, Acadian Asset Management and NYU Stern School of Business

Downloads 85 (266,829)

Citation 20

Abstract:

Predictive Regressions Based on Managerial Decision Variables: Is There a Small-Sample Bias?

NYU Working Paper No. 2451/31360, NYU Working Paper No. FIN-11-027

Number of pages: 20 Posted: 15 Dec 2011

Malcolm P. Baker, Jeffrey Wurgler and Ryan Taliaferro

Harvard Business School, NYU Stern School of Business and Acadian Asset Management

Downloads 53 (346,409)

Citation 25

Abstract:

Pseudo Market Timing and Predictive Regressions

NBER Working Paper No. w10823

Number of pages: 38 Posted: 19 Oct 2004 Last Revised: 30 Jul 2010

Malcolm P. Baker, Ryan Taliaferro and Jeffrey Wurgler

Harvard Business School, Acadian Asset Management and NYU Stern School of Business

Downloads 50 (355,866)

Citation 20

Abstract:

Predicting Returns with Managerial Decision Variables: Is There a Small-Sample Bias?

Journal of Finance, Vol. 61, No. 4, pp. 1711-1730, August 2006

Posted: 22 Feb 2006 Last Revised: 12 Aug 2008

Malcolm P. Baker, Ryan Taliaferro and Jeffrey Wurgler

Harvard Business School, Acadian Asset Management and NYU Stern School of Business

Abstract:

26.

The Risk Anomaly Tradeoff of Leverage

Downloads 462 ( 53,932)

3

The Risk Anomaly Tradeoff of Leverage

Number of pages: 47 Posted: 15 Mar 2015

Malcolm P. Baker and Jeffrey Wurgler

Harvard Business School and NYU Stern School of Business

Downloads 409 (61,982)

Abstract:

The Risk Anomaly Tradeoff of Leverage

NYU Working Paper No. 2451/34914

Number of pages: 47 Posted: 31 Aug 2016

Malcolm P. Baker, Mathias Hoeyer and Jeffrey Wurgler

Harvard Business School, University of Oxford and NYU Stern School of Business

Downloads 35 (411,089)

Abstract:

The Risk Anomaly Tradeoff of Leverage

NBER Working Paper No. w22116

Number of pages: 48 Posted: 28 Mar 2016

Malcolm P. Baker, Mathias Hoeyer and Jeffrey Wurgler

Harvard Business School, University of Oxford and NYU Stern School of Business

Downloads 18 (500,363)

Add to Cart

Abstract:

27.

Dividends as Reference Points: A Behavioral Signaling Approach

Downloads 438 ( 57,562)

Citation 4

3

Dividends as Reference Points: A Behavioral Signaling Approach

Review of Financial Studies (Forthcoming), NYU Working Paper No. 2451/31372

Number of pages: 64 Posted: 16 Dec 2011 Last Revised: 05 Dec 2015

Malcolm P. Baker, Brock Mendel and Jeffrey Wurgler

Harvard Business School, Harvard University and NYU Stern School of Business

Downloads 297 (90,017)

Citation 4

Abstract:

Dividends as Reference Points: A Behavioral Signaling Approach

Number of pages: 59 Posted: 16 Jul 2012

Malcolm P. Baker and Jeffrey Wurgler

Harvard Business School and NYU Stern School of Business

Downloads 125 (203,466)

Citation 4

Abstract:

Dividends as Reference Points: A Behavioral Signaling Approach

NBER Working Paper No. w18242

Number of pages: 60 Posted: 21 Jul 2012

Malcolm P. Baker and Jeffrey Wurgler

Harvard Business School and NYU Stern School of Business

Downloads 16 (512,027)

Citation 4

Abstract:

28.

The Effect of Dividends on Consumption

Downloads 433 ( 58,398)

Citation 18

4

The Effect of Dividends on Consumption

Number of pages: 54 Posted: 06 Mar 2006 Last Revised: 12 Aug 2008

Malcolm P. Baker, Stefan Nagel and Jeffrey Wurgler

Harvard Business School, University of Chicago - Booth School of Business and NYU Stern School of Business

Downloads 318 (83,356)

Citation 18

Abstract:

The Effect of Dividends on Consumption

NYU Working Paper No. FIN-05-041

Number of pages: 49 Posted: 03 Nov 2008

Malcolm P. Baker, Stefan Nagel and Jeffrey Wurgler

Harvard Business School, University of Chicago - Booth School of Business and NYU Stern School of Business

Downloads 82 (272,918)

Citation 18

Abstract:

The Effect of Dividends on Consumption

NBER Working Paper No. w12288

Number of pages: 50 Posted: 16 Jun 2006

Malcolm P. Baker, Stefan Nagel and Jeffrey Wurgler

Harvard Business School, University of Chicago - Booth School of Business and NYU Stern School of Business

Downloads 33 (419,524)

Citation 18

Abstract:

The Effect of Dividends on Consumption

Brookings Papers on Economic Activity, pp. 277-291, 2007

Posted: 30 Apr 2007 Last Revised: 12 Jan 2009

Malcolm P. Baker, Stefan Nagel and Jeffrey Wurgler

Harvard Business School, University of Chicago - Booth School of Business and NYU Stern School of Business

Abstract:

29.

Corporate Financing Decisions When Investors Take the Path of Least Resistance

Downloads 386 ( 67,024)

Citation 32

3

Corporate Financing Decisions When Investors Take the Path of Least Resistance

Number of pages: 55 Posted: 13 Dec 2004 Last Revised: 12 Aug 2008

Malcolm P. Baker, Joshua D. Coval and Jeremy C. Stein

Harvard Business School, Harvard Business School - Finance Unit and Harvard University - Department of Economics

Downloads 342 (76,614)

Citation 32

Abstract:

Corporate Financing Decisions When Investors Take the Path of Least Resistance

NBER Working Paper No. w10998

Number of pages: 51 Posted: 19 Jan 2005 Last Revised: 22 Jul 2010

Malcolm P. Baker, Joshua D. Coval and Jeremy C. Stein

Harvard Business School, Harvard Business School - Finance Unit and Harvard University - Department of Economics

Downloads 44 (376,053)

Citation 32

Abstract:

Corporate Financing Decisions When Investors Take the Path of Least Resistance

Journal of Financial Economics (JFE), Vol. 84, No. 2, pp. 266-298, May 2007

Posted: 25 Jun 2008 Last Revised: 12 Jan 2009

Joshua D. Coval, Jeremy C. Stein and Malcolm P. Baker

Harvard Business School - Finance Unit, Harvard University - Department of Economics and Harvard Business School

Abstract:

30.

Catering Through Nominal Share Prices

Downloads 358 ( 73,272)

Citation 21

3

Catering Through Nominal Share Prices

Number of pages: 46 Posted: 16 Jan 2008 Last Revised: 12 Jan 2009

Malcolm P. Baker, Robin M. Greenwood and Jeffrey Wurgler

Harvard Business School, Harvard Business School - Finance Unit and NYU Stern School of Business

Downloads 258 (104,783)

Citation 21

Abstract:

Catering Through Nominal Share Prices

NYU Working Paper No. FIN-07-026

Number of pages: 46 Posted: 03 Nov 2008

Malcolm P. Baker, Robin M. Greenwood and Jeffrey Wurgler

Harvard Business School, Harvard Business School - Finance Unit and NYU Stern School of Business

Downloads 86 (264,897)

Citation 21

Abstract:

Catering Through Nominal Share Prices

NBER Working Paper No. w13762

Number of pages: 46 Posted: 30 Jan 2008 Last Revised: 10 Aug 2010

Malcolm P. Baker, Robin M. Greenwood and Jeffrey Wurgler

Harvard Business School, Harvard Business School - Finance Unit and NYU Stern School of Business

Downloads 14 (523,980)

Citation 21

Abstract:

31.

Under New Management: Equity Issues and the Attribution of Past Returns

Journal of Financial Economics (JFE), Forthcoming

Number of pages: 30 Posted: 10 Apr 2009 Last Revised: 28 Oct 2015

Malcolm P. Baker and Yuhai Xuan

Harvard Business School and University of Illinois at Urbana-Champaign - Department of Finance

Downloads 219 (76,954)

Citation 7

Abstract:

32.

Dividends as Reference Points: A Behavioral Signaling Approach

NYU Working Paper No. 2451/38627

Number of pages: 42 Posted: 12 May 2017

Malcolm P. Baker, Jeffrey Wurgler and Brock Mendel

Harvard Business School, NYU Stern School of Business and Harvard University

Downloads 32 (413,788)

Citation 4

Abstract:

33.

Do Strict Capital Requirements Raise the Cost of Capital? Bank Regulation and the Low Risk Anomaly

NYU Working Paper No. 2451/38628

Number of pages: 59 Posted: 12 May 2017

Malcolm P. Baker and Jeffrey Wurgler

Harvard Business School and NYU Stern School of Business

Downloads 0 (221,385)

Citation 2

Abstract:

34.

Optimal Tilts

Number of pages: 39 Posted: 22 Feb 2016

Malcolm P. Baker, Terence Burnham and Ryan Taliaferro

Harvard Business School, Chapman University - Department of Business and Economics and Acadian Asset Management

Downloads 0 (136,671)

Abstract:

35.

Risk Neglect in Equity Markets

Journal of Portfolio Management, Forthcoming

Posted: 06 Feb 2016

Malcolm P. Baker

Harvard Business School

Abstract:

36.

Matrix Capital Management (A)

Harvard Business School Finance Case No. 211-017

Posted: 04 Feb 2012

Malcolm P. Baker and David Lane

Harvard Business School and Harvard Business School

Abstract:

37.

Matrix Capital Management (C)

Harvard Business School Finance Case No. 211-060

Posted: 04 Feb 2012

Malcolm P. Baker and David Lane

Harvard Business School and Harvard Business School

Abstract:

38.

Matrix Capital Management (B)

Harvard Business School Finance Case No. 211-048

Posted: 04 Feb 2012

Malcolm P. Baker and David Lane

Harvard Business School and Harvard Business School

Abstract:

39.

Wells Fargo Convertible Bonds

HBS Case No.: 206-022

Posted: 22 Sep 2008

Malcolm P. Baker and Liz Kind

Harvard Business School and affiliation not provided to SSRN

Abstract:

40.

The MCI Takeover Battle: Verizon Versus Qwest

HBS Case No.: 206-045

Posted: 22 Sep 2008

Malcolm P. Baker and James Quinn

Harvard Business School and Harvard Business School

Abstract:

41.

Corning: Convertible Preferred Stock

HBS Case No.: 206-018

Posted: 22 Sep 2008

Malcolm P. Baker and James Quinn

Harvard Business School and Harvard Business School

Abstract:

42.

Pharmacyclics: Financing Research & Development

HBS Publishing Case No.: 9-201-056; Teaching Note No.: 5-204-012

Posted: 10 Nov 2005 Last Revised: 23 Mar 2013

Richard S. Ruback, Malcolm P. Baker and Aldo Sesia

Harvard Business School, Harvard Business School and Harvard Business School

Malcolm P. Baker

Harvard Business School

Professor

National Bureau of Economic Research (NBER)

42

Top 185

58,912

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Scholarly Papers (42)

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