Anup Agrawal

University of Alabama - Culverhouse College of Commerce & Business Administration

Professor and Powell Chair of Finance

Culverhouse College of Commerce

EFLS, Box 870224

Tuscaloosa, AL 35487-0224

United States

http://culverhouse.ua.edu/faculty/profile/4

SCHOLARLY PAPERS

34

DOWNLOADS
Rank 532

SSRN RANKINGS

Top 532

in Total Papers Downloads

29,388

CITATIONS
Rank 848

SSRN RANKINGS

Top 848

in Total Papers Citations

616

Scholarly Papers (34)

1.
Downloads 4,839 ( 1,080)
Citation 135

Corporate Governance and Accounting Scandals

AFA 2004 San Diego Meetings
Number of pages: 47 Posted: 17 Jan 2003
Anup Agrawal and Sahiba Chadha
University of Alabama - Culverhouse College of Commerce & Business Administration and University of Alabama - Culverhouse College of Commerce & Business Administration
Downloads 4,839 (1,064)
Citation 135

Abstract:

Corporate governance, Accounting scandals, Earnings restatements, Financial scandals, Sarbanes-Oxley Act, Boards of directors

Corporate Governance and Accounting Scandals

Journal of Law and Economics, October 2005
Posted: 01 Nov 2004
Anup Agrawal and Sahiba Chadha
University of Alabama - Culverhouse College of Commerce & Business Administration and University of Alabama - Culverhouse College of Commerce & Business Administration

Abstract:

Corporate governance, Accounting scandals, Earnings restatements, Financial scandals, Sarbanes-Oxley Act, Boards of directors

2.
Downloads 4,516 ( 1,223)
Citation 52

The Post-merger Performance Puzzle

Number of pages: 59 Posted: 05 Jan 2000
Anup Agrawal and Jeffrey F. Jaffe
University of Alabama - Culverhouse College of Commerce & Business Administration and University of Pennsylvania - Finance Department
Downloads 4,516 (1,206)
Citation 52

Abstract:

The Post-merger Performance Puzzle

ADVANCES IN MERGERS AND ACQUISITIONS, C. Cooper and A. Gregory, eds., Elsevier Science, 2000
Posted: 17 Jan 2001
Anup Agrawal and Jeffrey F. Jaffe
University of Alabama - Culverhouse College of Commerce & Business Administration and University of Pennsylvania - Finance Department

Abstract:

3.

Corporate Governance Consequences of Accounting Scandals: Evidence from Top Management, CFO and Auditor Turnover

Quarterly Journal of Finance, 2016, Forthcoming
Number of pages: 48 Posted: 05 Mar 2008 Last Revised: 16 Sep 2015
Anup Agrawal and Tommy Cooper
University of Alabama - Culverhouse College of Commerce & Business Administration and University of Alabama - Department of Economics, Finance and Legal Studies
Downloads 2,017 (3,075)
Citation 12

Abstract:

Management turnover, CFO turnover, Auditor turnover, Accounting scandals, Earnings manipulation, Earnings restatements, Financial restatements

4.

Insider Trading Before Accounting Scandals

Forthcoming, Journal of Corporate Finance, 2015
Number of pages: 57 Posted: 16 Apr 2008 Last Revised: 02 Sep 2015
Anup Agrawal and Tommy Cooper
University of Alabama - Culverhouse College of Commerce & Business Administration and University of Alabama - Department of Economics, Finance and Legal Studies
Downloads 1,709 (5,873)
Citation 18

Abstract:

Insider trading, Earnings manipulation, Accounting scandals, Financial restatements, Earnings restatements, Corporate crime

Do Takeover Targets Under-perform? Evidence from Operating and Stock Returns

Number of pages: 43 Posted: 05 Jul 2001
Anup Agrawal and Jeffrey F. Jaffe
University of Alabama - Culverhouse College of Commerce & Business Administration and University of Pennsylvania - Finance Department
Downloads 1,488 (8,331)
Citation 22

Abstract:

Takeovers, Disciplinary takeovers, Takeover targets, Firm performance, Operating performance, Long-run performance

Do Takeover Targets Under-perform? Evidence from Operating and Stock Returns

Journal of Financial and Quantitative Analysis, Forthcoming
Posted: 19 Feb 2003
Anup Agrawal and Jeffrey F. Jaffe
University of Alabama - Culverhouse College of Commerce & Business Administration and University of Pennsylvania - Finance Department

Abstract:

inflation stabilization, nominal anchors, elections, political opportunism

6.

Outside Directors, Politics, and Firm Performance

Number of pages: 37 Posted: 09 May 1998
Anup Agrawal and Charles R. Knoeber
University of Alabama - Culverhouse College of Commerce & Business Administration and North Carolina State University - Poole College of Management
Downloads 1,277 (10,460)
Citation 10

Abstract:

7.
Downloads 1,250 ( 11,339)
Citation 27

Analyst Conflicts and Research Quality

Robert H. Smith School Research Paper No. RHS 06-042, EFA 2004 Maastricht
Number of pages: 46 Posted: 26 Jul 2006
Anup Agrawal and Mark A. Chen
University of Alabama - Culverhouse College of Commerce & Business Administration and Georgia State University - Department of Finance
Downloads 609 (32,182)
Citation 27

Abstract:

Stock analysts, Security analysts, Analyst conflicts, Corporate governance, Analyst forecasts, Wall Street research, Brokerage research, Conflicts of interest

Analyst Conflicts and Research Quality

Number of pages: 44 Posted: 27 Dec 2003
Anup Agrawal and Mark A. Chen
University of Alabama - Culverhouse College of Commerce & Business Administration and Georgia State University - Department of Finance
Downloads 537 (38,082)
Citation 27

Abstract:

Stock analysts, Security analysts, Analyst conflicts, Corporate governance, Analyst forecasts, Wall Street research, Brokerage research, Conflicts of interest

Analyst Conflicts and Research Quality

Quarterly Journal of Finance, 2012
Number of pages: 45 Posted: 27 Jun 2012
Anup Agrawal and Mark A. Chen
University of Alabama - Culverhouse College of Commerce & Business Administration and Georgia State University - Department of Finance
Downloads 104 (204,992)
Citation 27

Abstract:

Stock analysts, Security analysts, Analyst conflicts, Analyst forecasts, Investment banking, Brokerage commissions, Conflicts of interest

Who is Afraid of Reg FD? The Behavior and Performance of Sell-Side Analysts Following the SEC's Fair Disclosure Rules

AFA 2003 Washington, DC Meetings Paper, EFA 2002 Berlin Meetings Paper
Number of pages: 36 Posted: 02 Mar 2002 Last Revised: 13 Feb 2011
Anup Agrawal, Mark A. Chen and Sahiba Chadha
University of Alabama - Culverhouse College of Commerce & Business Administration, Georgia State University - Department of Finance and University of Alabama - Culverhouse College of Commerce & Business Administration
Downloads 1,023 (15,183)
Citation 60

Abstract:

Reg FD, Regulation Fair Disclosure, Fair Disclosure rules, Brokerage analysts, Sell-side analysts, Security analysts, Analyst forecasts

Who is Afraid of Reg FD? The Behavior and Performance of Sell-Side Analysts Following the SEC's Fair Disclosure Rules

Journal of Business, 2006
Posted: 08 Jul 2005
Anup Agrawal, Mark A. Chen and Sahiba Chadha
University of Alabama - Culverhouse College of Commerce & Business Administration, Georgia State University - Department of Finance and University of Alabama - Culverhouse College of Commerce & Business Administration

Abstract:

Reg FD, Regulation Fair Disclosure, Fair Disclosure rules, Brokerage analysts, Sell-side analysts, Security analysts, Analyst forecasts

9.
Downloads 1,023 ( 15,476)
Citation 116

Do Some Outside Directors Play a Political Role?

Number of pages: 34 Posted: 20 Jun 2000
Anup Agrawal and Charles R. Knoeber
University of Alabama - Culverhouse College of Commerce & Business Administration and North Carolina State University - Poole College of Management
Downloads 1,023 (15,183)
Citation 116

Abstract:

Do Some Outside Directors Play a Political Role?

Journal of Law and Economics, April 2001
Posted: 03 Nov 2000
Anup Agrawal and Charles R. Knoeber
University of Alabama - Culverhouse College of Commerce & Business Administration and North Carolina State University - Poole College of Management

Abstract:

10.

Corporate Governance and Firm Performance

OXFORD HANDBOOK IN MANAGERIAL ECONOMICS, Christopher R. Thomas, William F. Shughart II, eds., Oxford University Press, 2012
Number of pages: 26 Posted: 17 Mar 2012
Anup Agrawal and Charles R. Knoeber
University of Alabama - Culverhouse College of Commerce & Business Administration and North Carolina State University - Poole College of Management
Downloads 1,000 (10,009)
Citation 1

Abstract:

Corporate Governance, Firm Performance

Accounting Scandals in IPO Firms: Do Underwriters and VCs Help?

EFA 2008 Athens Meetings Paper, CELS 2009 4th Annual Conference on Empirical Legal Studies Paper
Number of pages: 68 Posted: 03 Mar 2008 Last Revised: 15 Mar 2010
Anup Agrawal and Tommy Cooper
University of Alabama - Culverhouse College of Commerce & Business Administration and University of Alabama - Department of Economics, Finance and Legal Studies
Downloads 814 (21,365)
Citation 5

Abstract:

Accounting scandals, Financial restatements, Financial misreporting, IPO, Venture capital, VC-backing, Underwriter reputation

Accounting Scandals in IPO Firms: Do Underwriters and VCs Help?

Journal of Economics and Management Strategy, Vol. 19, No. 4, Winter 2010
Number of pages: 67 Posted: 14 Oct 2010
Anup Agrawal and Tommy Cooper
University of Alabama - Culverhouse College of Commerce & Business Administration and University of Alabama - Department of Economics, Finance and Legal Studies
Downloads 169 (138,579)
Citation 5

Abstract:

Accounting scandals, Financial restatements, Financial misreporting, IPO, Venture capital, Underwriter reputation

Accounting Scandals in IPO Firms: Do Underwriters and VCs Help?

Journal of Economics & Management Strategy, Vol. 19, No. 4, pp. 1117-1181, 2010
Number of pages: 65 Posted: 10 Jan 2011
Anup Agrawal and Tommy Cooper
University of Alabama - Culverhouse College of Commerce & Business Administration and University of Alabama - Department of Economics, Finance and Legal Studies
Downloads 1 (544,505)
Citation 5

Abstract:

12.

CEO Succession: Insiders versus Outsiders

Number of pages: 33 Posted: 20 Mar 2000
University of Alabama - Culverhouse College of Commerce & Business Administration, North Carolina State University - Poole College of Management and University of California-Merced, School of Social Sciences, Humanities & Arts, The Ernest & Julio Gallo Management Program
Downloads 970 (15,378)
Citation 5

Abstract:

13.

Blockholders on Boards and CEO Compensation, Turnover and Firm Valuation

CELS 2009 4th Annual Conference on Empirical Legal Studies Paper, AFA 2012 Chicago Meetings Paper
Number of pages: 59 Posted: 07 Aug 2009 Last Revised: 01 Sep 2012
Anup Agrawal and Tareque Nasser
University of Alabama - Culverhouse College of Commerce & Business Administration and Kansas State University
Downloads 858 (17,681)
Citation 8

Abstract:

Boards of Directors, Blockholders, Executive Compensation, CEO Turnover, Firm Valuation

Do Analyst Conflicts Matter? Evidence from Stock Recommendations

Robert H. Smith School Research Paper No. RHS 06-38, EFA 2005 Moscow Meetings Paper, AFA 2006 Boston Meetings Paper
Number of pages: 45 Posted: 31 Jan 2005
Anup Agrawal and Mark A. Chen
University of Alabama - Culverhouse College of Commerce & Business Administration and Georgia State University - Department of Finance
Downloads 810 (21,528)
Citation 39

Abstract:

Stock analysts, security analysts, analyst conflicts, corporate governance, stock recommendations, wall street research, brokerage research, conflicts of interest

Do Analyst Conflicts Matter? Evidence from Stock Recommendations

Journal of Law and Economics, Vol. 51, 2007
Posted: 10 Aug 2007
Anup Agrawal and Mark A. Chen
University of Alabama - Culverhouse College of Commerce & Business Administration and Georgia State University - Department of Finance

Abstract:

Stock analysts, Security analysts, Analyst conflicts, Corporate governance, Stock recommendations, Wall Street research, Brokerage research, Conflicts of interest

15.
Downloads 764 ( 23,825)
Citation 7

Insider Trading in Takeover Targets

5th Annual Conference on Empirical Legal Studies Paper
Number of pages: 62 Posted: 03 Dec 2009 Last Revised: 13 Oct 2011
Anup Agrawal and Tareque Nasser
University of Alabama - Culverhouse College of Commerce & Business Administration and Kansas State University
Downloads 417 (52,507)
Citation 7

Abstract:

Insider trading, Takeovers, Takeover targets, Corporate takeovers, Mergers and acquisitions

Insider Trading in Takeover Targets

Journal of Corporate Finance, Forthcoming
Number of pages: 63 Posted: 22 Feb 2012
Anup Agrawal and Tareque Nasser
University of Alabama - Culverhouse College of Commerce & Business Administration and Kansas State University
Downloads 347 (65,331)
Citation 7

Abstract:

Insider trading, Takeovers, Takeover targets, Mergers and acquisitions

Common Advisors in Mergers and Acquisitions: Determinants and Consequences

Number of pages: 61 Posted: 19 Sep 2011 Last Revised: 16 May 2013
Anup Agrawal, Tommy Cooper, Qin Lian and Qiming Wang
University of Alabama - Culverhouse College of Commerce & Business Administration, University of Alabama - Department of Economics, Finance and Legal Studies, Portland State University and Willamette University - Atkinson Graduate School of Management
Downloads 363 (62,007)
Citation 2

Abstract:

Mergers, Acquisitions, M&A Advisors, Merger Advisors, M&A

The Impact of Common Advisors on Mergers and Acquisitions

Number of pages: 65 Posted: 17 Mar 2011 Last Revised: 22 Jun 2011
Anup Agrawal, Tommy Cooper, Qin Lian and Qiming Wang
University of Alabama - Culverhouse College of Commerce & Business Administration, University of Alabama - Department of Economics, Finance and Legal Studies, Portland State University and Willamette University - Atkinson Graduate School of Management
Downloads 317 (72,675)
Citation 2

Abstract:

Mergers, Acquisitions, Investment Banking, M&A

Boardroom Brawls: An Empirical Analysis of Disputes Involving Directors

EFA 2008 Athens Meetings Paper, 3rd Annual Conference on Empirical Legal Studies Papers
Number of pages: 60 Posted: 17 Mar 2008 Last Revised: 04 Aug 2008
Anup Agrawal and Mark A. Chen
University of Alabama - Culverhouse College of Commerce & Business Administration and Georgia State University - Department of Finance
Downloads 338 (67,467)
Citation 7

Abstract:

Boards of directors, Corporate boards, Boardroom disputes, Board disputes, Director disputes, Director departures

Boardroom Brawls: An Empirical Analysis of Disputes Involving Directors

Number of pages: 65 Posted: 22 Mar 2009 Last Revised: 31 Jan 2011
Anup Agrawal and Mark A. Chen
University of Alabama - Culverhouse College of Commerce & Business Administration and Georgia State University - Department of Finance
Downloads 313 (73,636)
Citation 7

Abstract:

Boards of directors, Boardroom disputes, Board disputes, Director disputes, Director departures

18.

Does Hiring M&A Advisers Matter for Private Sellers?

Number of pages: 54 Posted: 26 Feb 2014 Last Revised: 09 Dec 2016
Anup Agrawal, Tommy Cooper, Qin Lian and Qiming Wang
University of Alabama - Culverhouse College of Commerce & Business Administration, University of Alabama - Department of Economics, Finance and Legal Studies, Portland State University and Willamette University - Atkinson Graduate School of Management
Downloads 357 (32,895)

Abstract:

M&A, Private Targets, M&A Advisers, Acquisition Premium

19.

Contests to Become CEO

Number of pages: 36 Posted: 08 Jan 2001
University of California-Merced, School of Social Sciences, Humanities & Arts, The Ernest & Julio Gallo Management Program, University of Alabama - Culverhouse College of Commerce & Business Administration and North Carolina State University - Poole College of Management
Downloads 316 (72,491)
Citation 13

Abstract:

Contests, CEO contracts, tournaments, moral hazard

20.

Corporate Financial and Investment Policies in the Presence of a Blockholder on the Board

2012 Financial Intermediation Research Society-Minneapolis Conference paper
Number of pages: 54 Posted: 22 Jun 2010 Last Revised: 08 Nov 2012
Anup Agrawal and Tareque Nasser
University of Alabama - Culverhouse College of Commerce & Business Administration and Kansas State University
Downloads 284 (82,652)
Citation 3

Abstract:

Agency Problems, Corporate Governance, Independent Directors, Boards of Directors, Blockholders, Large Shareholders, Corporate Policies, Cash Holdings, Dividends, Investment, Financial Leverage, Firm Risk, Firm Valuation

21.

Are Outsiders Handicapped in CEO Successions?

Journal of Corporate Finance, Forthcoming
Number of pages: 39 Posted: 21 Apr 2004
University of Alabama - Culverhouse College of Commerce & Business Administration, North Carolina State University - Poole College of Management and University of California-Merced, School of Social Sciences, Humanities & Arts, The Ernest & Julio Gallo Management Program
Downloads 203 (111,138)
Citation 18

Abstract:

CEO succession, Corporate governance, Promotion incentives, Executive compensation, Tournament theory

22.

Contests to Become CEO: Incentives, Selection and Handicaps

Economic Theory, 2006
Number of pages: 37 Posted: 07 Nov 2005
University of California-Merced, School of Social Sciences, Humanities & Arts, The Ernest & Julio Gallo Management Program, University of Alabama - Culverhouse College of Commerce & Business Administration and North Carolina State University - Poole College of Management
Downloads 148 (150,224)
Citation 13

Abstract:

Contests, CEO contracts, moral hazard

23.

Do Women Stay Out of Trouble? Evidence from Corporate Litigation

Number of pages: 44 Posted: 07 Jul 2015 Last Revised: 02 Sep 2015
Binay Adhikari, Anup Agrawal and James Malm
Miami University, University of Alabama - Culverhouse College of Commerce & Business Administration and College of Charleston
Downloads 137 (98,197)

Abstract:

Women executives, Gender diversity, corporate litigation

24.

Religion, Gambling Attitudes and Corporate Innovation

Journal of Corporate Finance, Forthcoming
Number of pages: 72 Posted: 28 Aug 2013 Last Revised: 16 Mar 2016
Binay Adhikari and Anup Agrawal
Miami University and University of Alabama - Culverhouse College of Commerce & Business Administration
Downloads 124 (139,287)

Abstract:

Religion, Local gambling attitudes, Corporate innovation, R&D, Patents

25.

Does Local Religiosity Matter for Bank Risk-Taking?

Journal of Corporate Finance, Forthcoming
Number of pages: 66 Posted: 18 Aug 2014 Last Revised: 18 Nov 2015
Binay Adhikari and Anup Agrawal
Miami University and University of Alabama - Culverhouse College of Commerce & Business Administration
Downloads 75 (165,591)

Abstract:

Local religiosity, Religion, Bank risk-taking, Financial crises

26.

Executive Careers and Compensation Surrounding Takeover Bids

Journal of Finance, Vol. 49, No. 3, pp. 985- 1014, January 3-5, 1994
Number of pages: 31 Posted: 13 Mar 2008 Last Revised: 30 Jul 2011
Anup Agrawal and Ralph A. Walkling
University of Alabama - Culverhouse College of Commerce & Business Administration and Drexel University - Lebow College of Business
Downloads 36 (341,823)
Citation 42

Abstract:

27.

Local Obesity Prevalence and Corporate Policies

Number of pages: 52 Posted: 04 Sep 2016 Last Revised: 30 Nov 2016
Anup Agrawal and Yuree Lim
University of Alabama - Culverhouse College of Commerce & Business Administration and University of Wisconsin - La Crosse
Downloads 0 (351,937)

Abstract:

Obesity, Corporate policies, Risk-taking, Myopia

28.

Common Advisors in Mergers and Acquisitions: Determinants and Consequences

Journal of Law and Economics, Vol. 56, 2013
Posted: 18 Jul 2013
Anup Agrawal, Tommy Cooper, Qin Lian and Qiming Wang
University of Alabama - Culverhouse College of Commerce & Business Administration, University of Alabama - Department of Economics, Finance and Legal Studies, Portland State University and Willamette University - Atkinson Graduate School of Management

Abstract:

Mergers, Acquisitions, M&A Advisors, Merger Advisors, M&A

29.

Are Target Managers Afraid of Section 16b?

Posted: 10 Aug 1999
Anup Agrawal and Jeffrey F. Jaffe
University of Alabama - Culverhouse College of Commerce & Business Administration and University of Pennsylvania - Finance Department

Abstract:

30.

Management Turnover and Corporate Governance Changes Following the Revelation of Fraud

Journal of Law and Economics, April 1999
Posted: 02 Dec 1998
University of Alabama - Culverhouse College of Commerce & Business Administration, University of Pennsylvania - Finance Department and University of Washington - Michael G. Foster School of Business

Abstract:

31.

The Pre-Acquisition Performance of Target Firms: A Re-examination of the Inefficient Management Hypothesis

Rodney L. White Center for Financial Research Working Paper No. 6-96
Posted: 03 May 1998
Anup Agrawal and Jeffrey F. Jaffe
University of Alabama - Culverhouse College of Commerce & Business Administration and University of Pennsylvania - Finance Department

Abstract:

32.

Does Section 16(b) Deter Insider Trading by Target Managers?

Posted: 23 May 1996
Anup Agrawal and Jeffrey F. Jaffe
University of Alabama - Culverhouse College of Commerce & Business Administration and University of Pennsylvania - Finance Department

Abstract:

Firm Performance and Mechanisms to Control Agency Problems between Managers and Shareholders

J. OF FINANCIAL AND QUANTITATIVE ANALYSIS, September 1996
Posted: 17 Jun 1996
Anup Agrawal and Charles R. Knoeber
University of Alabama - Culverhouse College of Commerce & Business Administration and North Carolina State University - Poole College of Management

Abstract:

Firm Performance and Mechanisms to Control Agency Problems Between Managers and Shareholders

Rodney L. White Center Working Paper #29-94
Posted: 28 Mar 1995
Anup Agrawal and Charles R. Knoeber
University of Alabama - Culverhouse College of Commerce & Business Administration and North Carolina State University - Poole College of Management

Abstract:

34.

Managerial Compensation and the Threat of Takeover

Rodney L. White Center Working Paper No. 6-97
Posted: 14 Mar 1995
Anup Agrawal and Charles R. Knoeber
University of Alabama - Culverhouse College of Commerce & Business Administration and North Carolina State University - Poole College of Management

Abstract: