Michael J. Barclay

University of Rochester - Simon School (Deceased)

Alumni Distinguished Professor of Business Administration - Finance Area Coordinator

N/A

SCHOLARLY PAPERS

21

DOWNLOADS
Rank 2,771

SSRN RANKINGS

Top 2,771

in Total Papers Downloads

12,820

CITATIONS
Rank 4,635

SSRN RANKINGS

Top 4,635

in Total Papers Citations

176

Scholarly Papers (21)

1.

Price Discovery and Trading Costs after Hours

AFA 2001 New Orleans; Simon School of Business Working Paper No. FR 00-03
Number of pages: 35 Posted: 02 Mar 2000
Michael J. Barclay and Terrence Hendershott
University of Rochester - Simon School (Deceased) and University of California, Berkeley - Haas School of Business
Downloads 1,704 (9,359)
Citation 12

Abstract:

Loading...

2.

On the Debt Capacity of Growth Options

Simon School of Business Working Paper No. FR 01-07
Number of pages: 31 Posted: 06 Sep 2001
Michael J. Barclay, Erwan Morellec and Clifford W. Smith
University of Rochester - Simon School (Deceased), Ecole Polytechnique Fédérale de Lausanne and Simon Graduate School of Business, University of Rochester
Downloads 1,619 (10,172)
Citation 18

Abstract:

Loading...

Growth Options, Book Leverage

3.

Electronic Communications Networks and Market Quality

Simon School of Business Working Paper No. FR 00-19
Number of pages: 40 Posted: 18 May 2001
Michael J. Barclay, Terrence Hendershott and Tim McCormick
University of Rochester - Simon School (Deceased), University of California, Berkeley - Haas School of Business and U.S. Securities and Exchange Commission
Downloads 1,578 (10,613)
Citation 7

Abstract:

Loading...

4.

The Block Pricing Puzzle

Simon School of Business Working Paper No. FR 01-05
Number of pages: 46 Posted: 09 Apr 2001
Michael J. Barclay, Clifford G. Holderness and Dennis P. Sheehan
University of Rochester - Simon School (Deceased), Boston College - Department of Finance and Pennsylvania State University
Downloads 1,531 (11,122)
Citation 20

Abstract:

Loading...

Negotiated block trades, private placements, block pricing, discounts, premiums

5.

Information and Trading on Electronic Communications Networks

AFA 2003 Washington, DC Meetings
Number of pages: 42 Posted: 11 Nov 2002
Michael J. Barclay, Terrence Hendershott and Tim McCormick
University of Rochester - Simon School (Deceased), University of California, Berkeley - Haas School of Business and U.S. Securities and Exchange Commission
Downloads 1,338 (13,797)
Citation 4

Abstract:

Loading...

6.

Order Consolidation, Price Efficiency, and Extreme Liquidity Shocks

Simon School, University of Rochester, Research Paper
Number of pages: 44 Posted: 12 Nov 2003
Michael J. Barclay, Terrence Hendershott and Charles M. Jones
University of Rochester - Simon School (Deceased), University of California, Berkeley - Haas School of Business and Columbia Business School
Downloads 1,068 (19,464)
Citation 7

Abstract:

Loading...

Market structure, price discovery, price efficiency, volatility, liquidity

7.

Private Placements and Managerial Entrenchment

Journal of Corporate Finance, Forthcoming, AFA 2004 San Diego Meetings Paper
Number of pages: 45 Posted: 29 Nov 2003
Michael J. Barclay, Clifford G. Holderness and Dennis P. Sheehan
University of Rochester - Simon School (Deceased), Boston College - Department of Finance and Pennsylvania State University
Downloads 871 (26,228)
Citation 11

Abstract:

Loading...

G32, G34

The Advantages of Using Earnings for Compensation: Matching Delivered Performance

Number of pages: 31 Posted: 31 Aug 2000
Michael J. Barclay, Dhananjay (Dan) K. Gode and S.P. Kothari
University of Rochester - Simon School (Deceased), New York University (NYU) - Department of Accounting and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 702 (34,747)
Citation 2

Abstract:

Loading...

The Advantages of Using Earnings for Compensation: Matching Delivered Performance

NYU Working Paper No. 2451/27483
Number of pages: 31 Posted: 08 Oct 2008
Michael J. Barclay, Dan Gode and S.P. Kothari
University of Rochester - Simon School (Deceased), affiliation not provided to SSRN and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 98 (268,840)
Citation 2

Abstract:

Loading...

9.

The Joint Determination of Leverage and Maturity

Simon Graduate School Working Paper No. FR 01-20
Number of pages: 29 Posted: 12 Nov 2001
Michael J. Barclay, Leslie M. Marx and Clifford W. Smith
University of Rochester - Simon School (Deceased), Duke University - Fuqua School of Business, Economics Group and Simon Graduate School of Business, University of Rochester
Downloads 719 (34,190)
Citation 5

Abstract:

Loading...

10.

Dividends and Dominant Corporate Shareholders

AFA 2004 San Diego Meetings
Number of pages: 47 Posted: 29 Nov 2003
Michael J. Barclay, Clifford G. Holderness and Dennis P. Sheehan
University of Rochester - Simon School (Deceased), Boston College - Department of Finance and Pennsylvania State University
Downloads 583 (45,270)
Citation 7

Abstract:

Loading...

11.

Rational Financial Management: Evidence from Seasoned Equity Offerings

AFA 2010 Atlanta Meetings Paper
Number of pages: 41 Posted: 19 Mar 2008 Last Revised: 15 Feb 2014
Michael J. Barclay, Fangjian Fu and Clifford W. Smith
University of Rochester - Simon School (Deceased), Singapore Management University - Lee Kong Chian School of Business and Simon Graduate School of Business, University of Rochester
Downloads 582 (45,356)
Citation 4

Abstract:

Loading...

Capital Structure, Seasoned Equity Offerings, Tradeoff, Pecking-order, Market-timing

12.
Downloads 427 ( 66,804)

Dividends and Corporate Shareholders

Review of Financial Studies, Forthcoming
Number of pages: 66 Posted: 05 Jun 2007
Michael J. Barclay, Clifford G. Holderness and Dennis P. Sheehan
University of Rochester - Simon School (Deceased), Boston College - Department of Finance and Pennsylvania State University
Downloads 427 (66,160)
Citation 1

Abstract:

Loading...

Dividends, Corporate Blockholders, Taxes

Dividends and Corporate Shareholders

The Review of Financial Studies, Vol. 22, Issue 6, pp. 2423-2455, 2009
Posted: 01 Jun 2009
Michael J. Barclay, Clifford G. Holderness and Dennis P. Sheehan
University of Rochester - Simon School (Deceased), Boston College - Department of Finance and Pennsylvania State University

Abstract:

Loading...

G30, G32, G35

13.

The Maturity Structure of Corporate Debt

JOURNAL OF FINANCE, Vol 50 No 2, June 1995
Posted: 03 May 2000
Michael J. Barclay and Clifford W. Smith
University of Rochester - Simon School (Deceased) and Simon Graduate School of Business, University of Rochester

Abstract:

Loading...

14.

The Effects of Transaction Costs on Stock Prices and Trading Volume

Journal of Financial Intermediation, Vol. 7, No. 2
Posted: 16 Jul 1998
Michael J. Barclay, Eugene Kandel and Leslie M. Marx
University of Rochester - Simon School (Deceased), Hebrew University of Jerusalem - Department of Economics and Duke University - Fuqua School of Business, Economics Group

Abstract:

Loading...

15.

Bid-Ask Spreads and the Avoidance of Odd-Eighth Quotes on NASDAQ: An Examination of Exchange Listings

Simon School of Business Working Paper FR 96-04
Posted: 01 Jul 1998
Michael J. Barclay
University of Rochester - Simon School (Deceased)

Abstract:

Loading...

16.

Open-End Mutual Funds and Capital-Gains Taxes

Working Paper FR 95-25
Posted: 13 Jun 1998
Michael J. Barclay, Neil D. Pearson and Michael S. Weisbach
University of Rochester - Simon School (Deceased), University of Illinois at Urbana-Champaign - Department of Finance and Ohio State University (OSU) - Department of Finance

Abstract:

Loading...

17.

Leverage and Maturity as Strategic Complements

Simon School/University of Rochester Working Paper FR 97-13
Posted: 22 Apr 1998
Michael J. Barclay, Leslie M. Marx and Clifford W. Smith
University of Rochester - Simon School (Deceased), Duke University - Fuqua School of Business, Economics Group and Simon Graduate School of Business, University of Rochester

Abstract:

Loading...

18.

Transaction Costs and Liquidity: An Empirical Investigation

Posted: 11 Feb 1998
Michael J. Barclay, Leslie M. Marx and Eugene Kandel
University of Rochester - Simon School (Deceased), Duke University - Fuqua School of Business, Economics Group and Hebrew University of Jerusalem - Department of Economics

Abstract:

Loading...

19.

The Costs of Trading NASDAQ Issues: The Impact of Limit Orders and Ecn Quotes

Posted: 10 Feb 1998
University of Rochester - Simon School (Deceased), Vanderbilt University - Finance, American University - Department of Finance and Real Estate, Hebrew University of Jerusalem - Department of Economics and University of Notre Dame - Department of Finance

Abstract:

Loading...

20.

Measuring Delivered Performance

Working Paper FR 96-07
Posted: 08 Sep 1997
Michael J. Barclay, Dhananjay (Dan) K. Gode and S.P. Kothari
University of Rochester - Simon School (Deceased), New York University (NYU) - Department of Accounting and Massachusetts Institute of Technology (MIT) - Sloan School of Management

Abstract:

Loading...

21.

Earnings Versus Price Changes: Delivered Versus Expected Performance

Posted: 09 Sep 1996
Michael J. Barclay, Dhananjay (Dan) K. Gode and S.P. Kothari
University of Rochester - Simon School (Deceased), New York University (NYU) - Department of Accounting and Massachusetts Institute of Technology (MIT) - Sloan School of Management

Abstract:

Loading...