John R. Graham

Duke University

Professor

Box 90120

Durham, NC 27708-0120

United States

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue

Cambridge, MA 02138

United States

SCHOLARLY PAPERS

95

DOWNLOADS
Rank 26

SSRN RANKINGS

Top 26

in Total Papers Downloads

189,428

SSRN CITATIONS
Rank 63

SSRN RANKINGS

Top 63

in Total Papers Citations

1,530

CROSSREF CITATIONS

4,269

Scholarly Papers (95)

1.

The Theory and Practice of Corporate Finance: Evidence from the Field

AFA 2001 New Orleans; Duke University Working Paper
Number of pages: 48 Posted: 12 Apr 2000
John R. Graham and Campbell R. Harvey
Duke University and Duke University - Fuqua School of Business
Downloads 14,559 (215)
Citation 94

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Capital Structure, Cost of Capital, Cost of Equity, Capital Budgeting, Discount Rates, Project Valuation, Survey

A Review of Empirical Capital Structure Research and Directions for the Future

Annual Review of Financial Economics, Vol. 3, 2011
Number of pages: 59 Posted: 22 Dec 2010 Last Revised: 24 Oct 2011
John R. Graham and Mark T. Leary
Duke University and Washington University in St. Louis - Olin Business School
Downloads 11,671 (311)
Citation 29

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capital structure, leverage, debt ratio, tradeoff theory, financial contracting, target leverage, speed of adjustment, partial adjustment model

A Review of Empirical Capital Structure Research and Directions for the Future

Annual Review of Financial Economics, Vol. 3, pp. 309-345, 2011
Posted: 10 Jan 2012
John R. Graham and Mark T. Leary
Duke University and Washington University in St. Louis - Olin Business School

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3.
Downloads 8,387 ( 623)
Citation 217

Payout Policy in the 21st Century

Tuck Contemporary Corporate Finance Issues III Conference Paper
Number of pages: 43 Posted: 03 Aug 2004
Duke University - Fuqua School of Business, Duke University - Fuqua School of Business, Duke University and University of Geneva - Geneva Finance Research Institute (GFRI)
Downloads 8,068 (657)
Citation 56

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Payout, Dividend policy, Share repurchases, Lintner model

Payout Policy in the 21st Century

NBER Working Paper No. w9657
Number of pages: 59 Posted: 23 May 2003
Duke University - Fuqua School of Business, Duke University, Duke University - Fuqua School of Business and University of Geneva - Geneva Finance Research Institute (GFRI)
Downloads 319 (95,225)
Citation 53

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4.
Downloads 7,605 ( 732)
Citation 57

Earnings Quality: Evidence from the Field

Number of pages: 73 Posted: 10 Jul 2012 Last Revised: 21 Feb 2014
Emory University - Department of Accounting, Duke University, Duke University - Fuqua School of Business and Columbia Business School
Downloads 7,605 (722)
Citation 57

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earnings quality, FASB, CFO, survey, earnings management

Earnings Quality: Evidence from the Field

Journal of Accounting & Economics (JAE), Forthcoming
Posted: 07 Jun 2013 Last Revised: 05 Dec 2013
Emory University - Department of Accounting, Duke University, Duke University - Fuqua School of Business and Columbia Business School

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earnings quality, FASB, sustainable earnings, earnings management

The Economic Implications of Corporate Financial Reporting

Number of pages: 72 Posted: 25 Jan 2004
Duke University, Duke University - Fuqua School of Business and Columbia Business School
Downloads 7,237 (797)
Citation 37

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financial statement, earnings management, earnings benchmark, voluntary disclosure, information risk

The Economic Implications of Corporate Financial Reporting

NBER Working Paper No. w10550
Number of pages: 72 Posted: 22 Jun 2004
Duke University, Duke University - Fuqua School of Business and Columbia Business School
Downloads 167 (181,488)
Citation 88

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The Economic Implications of Corporate Financial Reporting

Posted: 14 Sep 2004
Duke University, Duke University - Fuqua School of Business and Columbia Business School

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financial statement, earnings management, earnings benchmark, voluntary disclosure, information risk,

The Economic Implications of Corporate Financial Reporting

Journal of Accounting and Economics, 2005
Posted: 12 Jan 2005
Duke University, Duke University - Fuqua School of Business and Columbia Business School

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Financial statement, earnings management, earnings benchmark, voluntary disclosure, information risk

6.

Optimal Capital Structure

Number of pages: 39 Posted: 20 Jan 2011 Last Revised: 15 Sep 2013
Jules H. van Binsbergen, John R. Graham and Jie Yang
University of Pennsylvania - The Wharton School, Duke University and Board of Governors of the Federal Reserve System
Downloads 6,444 (980)
Citation 2

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capital structure, cost of debt, optimal leverage

7.

Taxes and Corporate Finance

Number of pages: 92 Posted: 10 Apr 2001
John R. Graham
Duke University
Downloads 5,002 (1,518)
Citation 6

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Capital Structure, Corporate Finance, Compensation, Dividends, Payout Policy, Taxes

8.
Downloads 4,269 ( 2,010)
Citation 81

Managerial Miscalibration

Quarterly Journal of Economics, Forthcoming
Number of pages: 38 Posted: 16 Jul 2010 Last Revised: 30 Oct 2019
Itzhak Ben-David, John R. Graham and Campbell R. Harvey
Ohio State University (OSU) - Department of Finance, Duke University and Duke University - Fuqua School of Business
Downloads 4,215 (2,028)
Citation 13

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Overprecision, Overconfidence, Behavioral Bias, Behavioral Economics, Investment, Leverage, Expected Returns, Survey Methodology, Capital Structure, Executive Compensation, Risk, Volatility Forecasts, Market Forecasts, Debt Policy, Behavioral Finance, Risk Premium

Managerial Miscalibration

NBER Working Paper No. w16215
Number of pages: 39 Posted: 26 Jul 2010 Last Revised: 03 Aug 2010
Itzhak Ben-David, John R. Graham and Campbell R. Harvey
Ohio State University (OSU) - Department of Finance, Duke University and Duke University - Fuqua School of Business
Downloads 54 (387,403)
Citation 10

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9.
Downloads 4,241 ( 2,046)
Citation 2

Corporate Culture: Evidence from the Field

27th Annual Conference on Financial Economics and Accounting Paper, Duke I&E Research Paper No. 2016-33, Columbia Business School Research Paper No. 16-49
Number of pages: 101 Posted: 09 Jul 2016 Last Revised: 27 Jun 2019
Duke University, Duke University - Fuqua School of Business, Duke University - Fuqua School of Business and Columbia Business School
Downloads 4,157 (2,085)
Citation 2

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Corporate Culture, Values, Norms, Leadership, Corporate Governance, Incentive Compensation, Informal Institutions, Intangible Assets, Valuation, Finance, Risk-taking, Short-termism, Myopia, Innovation, Firm Value, Productivity, M&A valuation, Integrity, Trust, Ethics, Compliance, Earnings Management

Corporate Culture: Evidence from the Field

NBER Working Paper No. w23255
Number of pages: 79 Posted: 20 Mar 2017
Duke University, Duke University - Fuqua School of Business, Duke University - Fuqua School of Business and Columbia Business School
Downloads 84 (303,652)

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The Real Effects of Financial Constraints: Evidence from a Financial Crisis

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 38 Posted: 22 Dec 2008 Last Revised: 26 Dec 2009
Murillo Campello, John R. Graham and Campbell R. Harvey
Cornell University - Samuel Curtis Johnson Graduate School of Management, Duke University and Duke University - Fuqua School of Business
Downloads 3,406 (2,917)
Citation 29

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Financial crisis, financing constraints, investment spending, liquidity management, matching estimators

The Real Effects of Financial Constraints: Evidence from a Financial Crisis

AFA 2010 Atlanta Meetings Paper
Number of pages: 51 Posted: 11 Mar 2009
Murillo Campello, John R. Graham and Campbell R. Harvey
Cornell University - Samuel Curtis Johnson Graduate School of Management, Duke University and Duke University - Fuqua School of Business
Downloads 563 (47,903)
Citation 10

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Financial crisis, financing constraints, investment spending, liquidity management, matching estimators

The Real Effects of Financial Constraints: Evidence from a Financial Crisis

NBER Working Paper No. w15552
Number of pages: 38 Posted: 08 Dec 2009 Last Revised: 05 Sep 2010
Murillo Campello, John R. Graham and Campbell R. Harvey
Cornell University - Samuel Curtis Johnson Graduate School of Management, Duke University and Duke University - Fuqua School of Business
Downloads 61 (364,466)

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11.

How Do Cfos Make Capital Budgeting and Capital Structure Decisions?

Number of pages: 36 Posted: 09 Sep 2005
John R. Graham and Campbell R. Harvey
Duke University and Duke University - Fuqua School of Business
Downloads 4,021 (2,258)
Citation 29

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Capital structure, Cost of capital, Cost of equity, Capital budgeting, Discount Rates, Project valuation, Survey, Debt policy, Trade-off theory

12.

Taxes and Corporate Finance: A Review

Review of Financial Studies, Forthcoming
Number of pages: 72 Posted: 03 Mar 2003
John R. Graham
Duke University
Downloads 3,513 (2,820)
Citation 85

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Capital Structure, Corporate Finance, Compensation, Dividends, Payout Policy, Taxes

13.

Incentives for Tax Planning and Avoidance: Evidence from the Field

The Accounting Review, Vol. 89, No. 3, pp. 991-1023, May 2014, MIT Sloan Research Paper No. 4990-12
Number of pages: 48 Posted: 19 Sep 2012 Last Revised: 17 May 2014
Duke University, Massachusetts Institute of Technology (MIT) - Sloan School of Management, University of California-Irvine and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 3,510 (2,825)
Citation 29

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Tax Planning, Tax Avoidance, Reputation, Financial Reporting Incentives, FIN 48, SOX

14.
Downloads 3,478 ( 2,863)
Citation 18

Research in Accounting for Income Taxes

Number of pages: 84 Posted: 07 Dec 2008 Last Revised: 20 Sep 2012
Duke University, University of North Carolina at Chapel Hill and University of North Carolina Kenan-Flagler Business School
Downloads 3,365 (2,989)
Citation 20

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accounting for income taxes, accounting, taxes, earnings management, asset pricing

Research in Accounting for Income Taxes

NBER Working Paper No. w15665
Number of pages: 125 Posted: 25 Jan 2010 Last Revised: 09 Feb 2010
Duke University, University of North Carolina at Chapel Hill and University of North Carolina Kenan-Flagler Business School
Downloads 113 (248,567)

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15.

Managerial Attitudes and Corporate Actions

Number of pages: 43 Posted: 11 Jul 2009 Last Revised: 28 May 2012
John R. Graham, Campbell R. Harvey and Manju Puri
Duke University, Duke University - Fuqua School of Business and Duke University - Fuqua School of Business
Downloads 3,403 (2,979)
Citation 61

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Managers, attitudes, personality traits, risk aversion, capital structure, debt, acquisitions, corporate policies, behavioral corporate finance

16.

The Theory and Practice of Corporate Finance: The Data

Number of pages: 17 Posted: 12 May 2003
John R. Graham and Campbell R. Harvey
Duke University and Duke University - Fuqua School of Business
Downloads 3,235 (3,264)
Citation 6

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17.

The Misrepresentation of Earnings

Financial Analysts Journal, Forthcoming
Number of pages: 23 Posted: 09 Jan 2014 Last Revised: 12 Aug 2015
Emory University - Department of Accounting, Duke University, Duke University - Fuqua School of Business and Columbia Business School
Downloads 3,020 (3,672)
Citation 5

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Earnings management, Earnings misrepresentation, Smooth earnings, Accruals, GAAP, Low-balling, Cookie jar reserves, Sustainable earnings, predictable earnings, real earnings management

18.

Tax Shelters and Corporate Debt Policy

Number of pages: 37 Posted: 17 Dec 2004
John R. Graham and Alan L. Tucker
Duke University and Pace University - Lubin School of Business
Downloads 2,995 (3,728)
Citation 50

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Taxes, tax shelters, debt, capital structure

19.
Downloads 2,949 ( 3,821)
Citation 10

The Cost of Debt

Journal of Finance, Forthcoming, WFA 2007 Big Sky, MT Meetings Paper, EFA 2007 Ljubljana Meetings Paper
Number of pages: 65 Posted: 08 Mar 2007 Last Revised: 15 Sep 2013
Jules H. van Binsbergen, John R. Graham and Jie Yang
University of Pennsylvania - The Wharton School, Duke University and Board of Governors of the Federal Reserve System
Downloads 2,864 (3,948)
Citation 10

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capital structure, cost of debt

The Cost of Debt

NBER Working Paper No. w16023
Number of pages: 66 Posted: 04 Jun 2010
Jules H. van Binsbergen, John R. Graham and Jie Yang
University of Pennsylvania - The Wharton School, Duke University and Board of Governors of the Federal Reserve System
Downloads 85 (301,466)

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Downloads 2,906 ( 3,936)
Citation 10

A Corporate Beauty Contest

Duke I&E Research Paper No. 16-10
Number of pages: 26 Posted: 15 Mar 2010 Last Revised: 29 Mar 2016
John R. Graham, Campbell R. Harvey and Manju Puri
Duke University, Duke University - Fuqua School of Business and Duke University - Fuqua School of Business
Downloads 2,844 (4,002)
Citation 13

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First impressions, thin slicing, CEO selection, competence, likeable, trustworthy, attractive, facial traits, CEO compensation, CEO performance, behavioral economics, behavioral finance

A Corporate Beauty Contest

NBER Working Paper No. w15906
Number of pages: 25 Posted: 19 Apr 2010 Last Revised: 10 Oct 2010
John R. Graham, Campbell R. Harvey and Manju Puri
Duke University, Duke University - Fuqua School of Business and Duke University - Fuqua School of Business
Downloads 62 (361,344)

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21.

The Equity Risk Premium in 2014

Number of pages: 21 Posted: 08 Apr 2014
John R. Graham and Campbell R. Harvey
Duke University and Duke University - Fuqua School of Business
Downloads 2,890 (3,970)
Citation 3

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Cost of capital, financial crisis, equity premium, long-term market returns, stock return forecasts, long-term equity returns, expected excess returns, disagreement, individual uncertainty, skewness, asymmetry, survey methods, risk and reward, TIPs, VIX, credit spreads

Value Destruction and Financial Reporting Decisions

Number of pages: 23 Posted: 20 Dec 2005
Duke University, Duke University - Fuqua School of Business and Columbia Business School
Downloads 2,887 (3,895)
Citation 5

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Earnings management, earnings smoothing, consensus earnings, meeting benchmarks, value destruction, agency problems, real earnings management, unexpected earnings, earnings surprise, net present value

Value Destruction and Financial Reporting Decisions

Financial Analysts Journal, Vol. 62, No. 6, pp. 27-39, November/December 2006
Posted: 20 Jan 2007
Duke University, Duke University - Fuqua School of Business and Columbia Business School

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Financial Statement Analysis, Accounting and Financial Reporting Issues; Equity Investments, Fundamental Analysis and Valuation Models; Corporate Governance

23.

Managing Risk Management

AFA 2012 Chicago Meetings Paper
Number of pages: 57 Posted: 18 Mar 2011 Last Revised: 20 Dec 2013
Johns Hopkins University - Paul H. Nitze School of Advanced International Studies (SAIS), Syracuse University - Whitman School of Management - Finance Department; James D. Kuhn Center for Real Estate, Duke University, Duke University - Fuqua School of Business and University of Pennsylvania - Finance Department
Downloads 2,669 (4,550)
Citation 14

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Corporate risk management, Global survey

24.

Is Corporate Hedging Consistent with Value Maximization? An Empirical Analysis

Number of pages: 47 Posted: 26 Jul 1999
John R. Graham and Daniel A. Rogers
Duke University and Portland State University - School of Business Administration
Downloads 2,628 (4,670)
Citation 31

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25.

A Guide to Earnings Quality

Number of pages: 23 Posted: 31 Oct 2013
Emory University - Department of Accounting, Duke University, Duke University - Fuqua School of Business and Columbia Business School
Downloads 2,587 (4,779)
Citation 2

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Earnings management, earnings misrepresentation, real earnings management, earnings fraud, earnings overstatement, earnings distortion, earnings quality, one-time items, sustainable earnings, persistent earnings, accruals, real earnings management, earnings red flags, corporate governance

26.

The Equity Risk Premium in 2015

Number of pages: 21 Posted: 30 May 2015 Last Revised: 04 Dec 2015
John R. Graham and Campbell R. Harvey
Duke University and Duke University - Fuqua School of Business
Downloads 2,444 (5,256)
Citation 2

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Cost of capital, financial crisis, equity premium, WACC, hurdle rate, long-term market returns, stock return forecasts, long-term equity returns, expected excess returns, disagreement, individual uncertainty, skewness, asymmetry, survey methods, TIPs, VIX, credit spreads

A Century of Capital Structure: The Leveraging of Corporate America

Number of pages: 62 Posted: 25 Feb 2013 Last Revised: 12 Aug 2014
John R. Graham, Mark T. Leary and Michael R. Roberts
Duke University, Washington University in St. Louis - Olin Business School and The Wharton School - University of Pennsylvania; National Bureau of Economic Research (NBER)
Downloads 2,383 (5,378)
Citation 7

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capital structure, leverage, financial policy, government debt, taxes, bankruptcy costs, financial sector

A Century of Capital Structure: The Leveraging of Corporate America

NBER Working Paper No. w19910
Number of pages: 67 Posted: 10 Mar 2014
John R. Graham, Mark T. Leary and Michael R. Roberts
Duke University, Washington University in St. Louis - Olin Business School and The Wharton School - University of Pennsylvania; National Bureau of Economic Research (NBER)
Downloads 36 (458,195)
Citation 10

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28.

The Equity Risk Premium in 2012

Number of pages: 22 Posted: 13 Mar 2012
John R. Graham and Campbell R. Harvey
Duke University and Duke University - Fuqua School of Business
Downloads 2,310 (5,788)
Citation 8

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Cost of capital, financial crisis, equity premium, long-term market returns, long-term equity returns, expected excess returns, disagreement, individual uncertainty, skewness, asymmetry, survey methods, risk and reward, TIPs, VIX, Credit spreads, Implied cost of capital

29.

A View Inside Corporate Risk Management

Duke I&E Research Paper No. 16-6
Number of pages: 34 Posted: 20 May 2014 Last Revised: 16 Nov 2016
Johns Hopkins University - Paul H. Nitze School of Advanced International Studies (SAIS), Syracuse University - Whitman School of Management - Finance Department; James D. Kuhn Center for Real Estate, Duke University and Duke University - Fuqua School of Business
Downloads 2,301 (5,824)
Citation 8

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Risk Management, Hedging, Managerial Risk Aversion, Behavioral Finance, Manager fixed-effects, Interest rate risk, Credit risk, Commodity risk, Foreign exchange risk

30.

The Equity Risk Premium amid a Global Financial Crisis

Number of pages: 19 Posted: 17 May 2009
John R. Graham and Campbell R. Harvey
Duke University and Duke University - Fuqua School of Business
Downloads 2,282 (5,906)
Citation 8

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Cost of capital, financial crisis, equity premium, long-term market returns, long-term equity returns, expected excess returns, disagreement, individual uncertainty, skewness, asymmetry, survey methods, risk and reward, TIPs, VIX, Credit spreads

31.

The Equity Risk Premium in 2013

Number of pages: 22 Posted: 25 Jan 2013 Last Revised: 13 Jun 2013
John R. Graham and Campbell R. Harvey
Duke University and Duke University - Fuqua School of Business
Downloads 2,173 (6,397)
Citation 11

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Cost of capital, financial crisis, equity premium, long-term market returns, stock return forecasts, long-term equity returns, expected excess returns, disagreement, individual uncertainty, skewness, asymmetry, survey methods, risk and reward, TIPs, VIX, credit spreads

Liquidity Management and Corporate Investment During a Financial Crisis

Number of pages: 48 Posted: 07 Aug 2009 Last Revised: 21 Nov 2010
Cornell University - Samuel Curtis Johnson Graduate School of Management, Syracuse University - Whitman School of Management - Finance Department; James D. Kuhn Center for Real Estate, Duke University and Duke University - Fuqua School of Business
Downloads 2,024 (7,063)
Citation 29

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Financial crisis, liquidity management, investment spending, credit lines, drawdown activity, cash savings

Liquidity Management and Corporate Investment During a Financial Crisis

NBER Working Paper No. w16309
Number of pages: 45 Posted: 30 Aug 2010
Cornell University - Samuel Curtis Johnson Graduate School of Management, Syracuse University - Whitman School of Management - Finance Department; James D. Kuhn Center for Real Estate, Duke University and Duke University - Fuqua School of Business
Downloads 88 (294,869)

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Expectations of Equity Risk Premia, Volatility and Asymmetry from a Corporate Finance Perspective

Number of pages: 38 Posted: 08 Dec 2001
John R. Graham and Campbell R. Harvey
Duke University and Duke University - Fuqua School of Business
Downloads 2,017 (7,110)
Citation 7

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Risk premium, cost of capital, asymmetric volatility, skewness, leverage effect, expectations, risk to reward, momentum, September 11 crisis

Expectations of Equity Risk Premia, Volatility and Asymmetry from a Corporate Finance Perspective

NBER Working Paper No. w8678
Number of pages: 40 Posted: 20 Dec 2001 Last Revised: 25 Oct 2010
John R. Graham and Campbell R. Harvey
Duke University and Duke University - Fuqua School of Business
Downloads 76 (322,831)

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34.

Payout Policy in the 21th Century: The Data

Johnson School Research Paper Series No. 29-06
Number of pages: 50 Posted: 21 Nov 2005
Duke University - Fuqua School of Business, Duke University - Fuqua School of Business, Duke University and University of Geneva - Geneva Finance Research Institute (GFRI)
Downloads 2,032 (7,164)
Citation 1

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Payout, Dividend policy, Share repurchases, Survey, Survey data

35.
Downloads 2,031 ( 7,173)
Citation 87

Managerial Attributes and Executive Compensation

Review of Financial Studies, Forthcoming, AFA 2010 Atlanta Meetings Paper
Number of pages: 61 Posted: 12 Sep 2008 Last Revised: 09 Jun 2011
John R. Graham, Si Li and Jiaping Qiu
Duke University, Wilfrid Laurier University - School of Business & Economics and McMaster University - Michael G. DeGroote School of Business
Downloads 1,981 (7,329)
Citation 4

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Executive compensation, CEO pay, latent managerial ability, human capital, fixed effects, manager fixed effects

Managerial Attributes and Executive Compensation

NBER Working Paper No. w17368
Number of pages: 61 Posted: 30 Aug 2011
John R. Graham, Si Li and Jiaping Qiu
Duke University, Wilfrid Laurier University - School of Business & Economics and McMaster University - Michael G. DeGroote School of Business
Downloads 50 (401,390)

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36.

The Equity Risk Premium in January 2007: Evidence from the Global Cfo Outlook Survey

Number of pages: 20 Posted: 28 Jan 2007
John R. Graham and Campbell R. Harvey
Duke University and Duke University - Fuqua School of Business
Downloads 1,973 (7,551)
Citation 4

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Cost of capital, equity premium, long-term market returns, long-term equity returns, expected excess returns, disagreement, individual uncertainty, skewness, asymmetry, survey methods, risk and reward, TIPs, VIX

37.

Corporate Culture: The Interview Evidence

Duke I&E Research Paper No. 2016-42, Columbia Business School Research Paper No. 16-70
Number of pages: 43 Posted: 24 Sep 2016 Last Revised: 30 Aug 2018
Duke University, Duke University - Fuqua School of Business, Duke University - Fuqua School of Business and Columbia Business School
Downloads 1,819 (8,718)
Citation 2

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Corporate culture, Valuation, Finance, Cultural values, Social norms, Leadership, Corporate governance, Incentive compensation, Finance function, Intangible Assets, Risk-taking, Short-termism, Myopia, Innovation, Firm value, Productivity, M&A valuation, Integrity, Trust, Ethics, Compliance, Earnings

Does Corporate Diversification Destroy Value?

Number of pages: 38 Posted: 15 Dec 1999
John R. Graham, Michael L. Lemmon and Jack G. Wolf
Duke University, University of Utah - Department of Finance and Clemson University - Department of Finance
Downloads 1,794 (8,694)
Citation 30

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Corporate Diversification, diversification discount, excess value

Does Corporate Diversification Destroy Value?

Journal of Finance, Vol. 57, pp. 695-720, 2002
Posted: 24 Sep 2001
John R. Graham, Michael L. Lemmon and Jack G. Wolf
Duke University, University of Utah - Department of Finance and Clemson University - Department of Finance

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Corporate diversification; Diversification discount; Excess value

39.

Tax Rates and Corporate Decision Making

Review of Financial Studies, Vol. 30, No. 9, 2017, pp. 3128–3175.
Number of pages: 85 Posted: 13 Jan 2015 Last Revised: 22 Sep 2017
Duke University, Massachusetts Institute of Technology (MIT) - Sloan School of Management, University of California-Irvine and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 1,786 (8,937)
Citation 8

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Tax rates, marginal tax rate, effective tax rate, investment, capital structure, behavioral biases, salience, heuristics

40.

The Equity Risk Premium in 2018

Number of pages: 21 Posted: 02 Apr 2018
John R. Graham and Campbell R. Harvey
Duke University and Duke University - Fuqua School of Business
Downloads 1,743 (9,290)
Citation 26

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cost of capital, financial crisis, equity premium, WACC, hurdle rate, long-term market returns, stock return forecasts, long-term equity returns, expected excess returns, disagreement, individual uncertainty, skewness, asymmetry, survey methods, TIPs, VIX, credit spreads

41.

The Equity Risk Premium in 2010

Number of pages: 21 Posted: 06 Aug 2010 Last Revised: 10 Aug 2010
John R. Graham and Campbell R. Harvey
Duke University and Duke University - Fuqua School of Business
Downloads 1,735 (9,364)
Citation 15

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Cost of capital, financial crisis, equity premium, long-term market returns, long-term equity returns, expected excess returns, disagreement, individual uncertainty, skewness, asymmetry, survey methods, risk and reward, TIPs, VIX, Credit spreads

42.

The Long-Run Equity Risk Premium

Number of pages: 13 Posted: 09 Sep 2005
John R. Graham and Campbell R. Harvey
Duke University and Duke University - Fuqua School of Business
Downloads 1,707 (9,614)
Citation 4

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Cost of capital, equity premium, long-term market returns, long-term equity returns, expected excess returns, disagreement, individual uncertainty, skewness, asymmetry, survey methods, risk and reward

43.

How Big are the Tax Benefits of Debt?

Number of pages: 65 Posted: 01 Jul 1998
John R. Graham
Duke University
Downloads 1,656 (10,105)
Citation 41

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44.

The Equity Risk Premium in 2016

Number of pages: 20 Posted: 04 Aug 2016
John R. Graham and Campbell R. Harvey
Duke University and Duke University - Fuqua School of Business
Downloads 1,523 (11,536)
Citation 2

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Cost of capital, financial crisis, equity premium, WACC, hurdle rate, long-term market returns, stock return forecasts, long-term equity returns, expected excess returns, disagreement, individual uncertainty, skewness, asymmetry, survey methods, TIPs, VIX, credit spreads

Capital Allocation and Delegation of Decision-Making Authority within Firms

Number of pages: 52 Posted: 17 Mar 2010 Last Revised: 03 Oct 2014
John R. Graham, Campbell R. Harvey and Manju Puri
Duke University, Duke University - Fuqua School of Business and Duke University - Fuqua School of Business
Downloads 1,472 (11,953)
Citation 26

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Delegation, CEOs, executives, capital structure, mergers and acquisitions, payout, corporate investment, capital allocation

Capital Allocation and Delegation of Decision-Making Authority within Firms

NBER Working Paper No. w17370
Number of pages: 53 Posted: 30 Aug 2011 Last Revised: 20 Sep 2011
John R. Graham, Campbell R. Harvey and Manju Puri
Duke University, Duke University - Fuqua School of Business and Duke University - Fuqua School of Business
Downloads 47 (412,401)

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46.
Downloads 1,409 ( 13,093)
Citation 92

Investor Competence, Trading Frequency, and Home Bias

AFA 2006 Boston Meetings Paper
Number of pages: 33 Posted: 18 Nov 2004
John R. Graham, Campbell R. Harvey and Hai Huang
Duke University, Duke University - Fuqua School of Business and Duke University - Finance
Downloads 1,293 (14,638)
Citation 8

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Behavioral Finance, Investment, Competence, Ambiguity, Stock Trading Frequency, Home Bias

Investor Competence, Trading Frequency, and Home Bias

NBER Working Paper No. w11426
Number of pages: 41 Posted: 07 Jul 2005 Last Revised: 22 Sep 2010
John R. Graham, Campbell R. Harvey and Hai Huang
Duke University, Duke University - Fuqua School of Business and Duke University - Finance
Downloads 116 (243,934)
Citation 4

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Using Tax Return Data to Simulate Corporate Marginal Tax Rates

Number of pages: 48 Posted: 21 Feb 2007
John R. Graham and Lillian F. Mills
Duke University and University of Texas at Austin - McCombs School of Business
Downloads 1,353 (13,686)
Citation 7

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marginal tax rate, simulated tax rates, tax return data, financial statements, book tax difference, capital structure

Using Tax Return Data to Simulate Corporate Marginal Tax Rates

NBER Working Paper No. w13709
Number of pages: 49 Posted: 31 Dec 2007 Last Revised: 15 Feb 2008
John R. Graham and Lillian F. Mills
Duke University and University of Texas at Austin - McCombs School of Business
Downloads 36 (458,195)

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48.
Downloads 1,363 ( 13,800)
Citation 8

Employee Costs of Corporate Bankruptcy

Number of pages: 67 Posted: 10 Jun 2013 Last Revised: 30 May 2019
John R. Graham, Hyunseob Kim, Si Li and Jiaping Qiu
Duke University, Cornell University - Samuel Curtis Johnson Graduate School of Management, Wilfrid Laurier University - School of Business & Economics and McMaster University - Michael G. DeGroote School of Business
Downloads 1,007 (21,422)
Citation 5

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Bankruptcy, labor mobillity, risk sharing, costs of financial distress, capital structure, worker-firm matched data

Human Capital Loss in Corporate Bankruptcy

Johnson School Research Paper Series No. #24-2013
Number of pages: 38 Posted: 07 Aug 2013
John R. Graham, Hyunseob Kim, Si Li and Jiaping Qiu
Duke University, Cornell University - Samuel Curtis Johnson Graduate School of Management, Wilfrid Laurier University - School of Business & Economics and McMaster University - Michael G. DeGroote School of Business
Downloads 177 (172,410)
Citation 3

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Bankruptcy, Costs of financial distress, Human capital, Wage loss, Capital structure

Human Capital Loss in Corporate Bankruptcy

US Census Bureau Center for Economic Studies Paper No. CES-WP- 13-37
Number of pages: 38 Posted: 01 Aug 2013
John R. Graham, Hyunseob Kim, Si Li and Jiaping Qiu
Duke University, Cornell University - Samuel Curtis Johnson Graduate School of Management, Wilfrid Laurier University - School of Business & Economics and McMaster University - Michael G. DeGroote School of Business
Downloads 168 (180,553)
Citation 3

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Bankruptcy, Costs of financial distress, Human capital, Wage loss, Capital structure

Employee Costs of Corporate Bankruptcy

NBER Working Paper No. w25922
Number of pages: 68 Posted: 11 Jun 2019
John R. Graham, Hyunseob Kim, Si Li and Jiaping Qiu
Duke University, Cornell University - Samuel Curtis Johnson Graduate School of Management, Wilfrid Laurier University - School of Business & Economics and McMaster University - Michael G. DeGroote School of Business
Downloads 11 (609,935)
Citation 2
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49.

Do Dividend Clienteles Exist? Evidence on Dividend Preferences of Retail Investors

Number of pages: 37 Posted: 02 Jan 2004
John R. Graham and Alok Kumar
Duke University and University of Miami - Miami Herbert Business School
Downloads 1,295 (14,930)
Citation 41

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Retail investors, Dividend clienteles, Dividend events, Dividend taxation, Attention hypothesis

Debt, Leases, Taxes and the Endogeneity of Corporate Tax Status

Number of pages: 52 Posted: 02 Dec 1996
John R. Graham, Michael L. Lemmon and Jim Schallheim
Duke University, University of Utah - Department of Finance and University of Utah - Department of Finance
Downloads 1,229 (15,844)
Citation 18

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Debt, Leases, Taxes and the Endogeneity of Corporate Tax Status

Journal of Finance, 1997
Posted: 02 May 1998
John R. Graham, Michael L. Lemmon and Jim Schallheim
Duke University, University of Utah - Department of Finance and University of Utah - Department of Finance

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51.
Downloads 1,147 ( 17,958)
Citation 48

Employee Stock Options, Corporate Taxes and Debt Policy

AFA 2003 Washington, DC Meetings
Number of pages: 58 Posted: 19 Aug 2002
John R. Graham, Mark H. Lang and Douglas A. Shackelford
Duke University, University of North Carolina at Chapel Hill and University of North Carolina Kenan-Flagler Business School
Downloads 1,092 (18,978)
Citation 2

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capital structure, corporate taxes, debt policy, employee stock options, option deductions

Employee Stock Options, Corporate Taxes and Debt Policy

NBER Working Paper No. w9289
Number of pages: 47 Posted: 19 Oct 2002 Last Revised: 19 Sep 2012
John R. Graham, Mark H. Lang and Douglas A. Shackelford
Duke University, University of North Carolina at Chapel Hill and University of North Carolina Kenan-Flagler Business School
Downloads 55 (384,030)

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Employee Stock Options, Corporate Taxes, and Debt Policy

Journal of Finance, Vol. 59, No. 4, pp. 1585-1618, August 2004
Posted: 15 Apr 2005
John R. Graham, Mark H. Lang and Douglas A. Shackelford
Duke University, University of North Carolina at Chapel Hill and University of North Carolina Kenan-Flagler Business School

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Capital structure, corporate taxes, debt policy, employee stock options, option deductions

52.

Corporate Survival and Managerial Experiences During the Great Depression

AFA 2005 Philadelphia Meetings
Number of pages: 55 Posted: 26 Jan 2004
John R. Graham and Krishnamoorthy Narasimhan
Duke University and PIMCO
Downloads 1,145 (18,014)
Citation 43

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53.

The Equity Risk Premium in 2008: Evidence from the Global CFO Outlook Survey

Number of pages: 20 Posted: 19 Jul 2008 Last Revised: 25 Jul 2008
John R. Graham and Campbell R. Harvey
Duke University and Duke University - Fuqua School of Business
Downloads 1,108 (18,900)
Citation 4

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cost of capital, equity premium, long-term market returns, long-term equity returns, expected excess returns, disagreement, individual uncertainty, skewness, asymmetry, survey methods, risk and reward, TIPs, VIX

54.
Downloads 1,053 ( 20,375)
Citation 157

Corporate Misreporting and Bank Loan Contracting

Journal of Financial Economics, Forthcoming
Number of pages: 57 Posted: 21 Dec 2006
John R. Graham, Si Li and Jiaping Qiu
Duke University, Wilfrid Laurier University - School of Business & Economics and McMaster University - Michael G. DeGroote School of Business
Downloads 992 (21,893)
Citation 5

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Corporate misreporting, financial restatement, corporate fraud, bank loans, financial contracting, cost of debt

Corporate Misreporting and Bank Loan Contracting

NBER Working Paper No. w13708
Number of pages: 57 Posted: 31 Dec 2007 Last Revised: 03 Feb 2008
John R. Graham, Si Li and Jiaping Qiu
Duke University, Wilfrid Laurier University - School of Business & Economics and McMaster University - Michael G. DeGroote School of Business
Downloads 61 (364,466)
Citation 17

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Do Firms Hedge in Response to Tax Incentives?

Number of pages: 39 Posted: 14 Aug 2001
John R. Graham and Daniel A. Rogers
Duke University and Portland State University - School of Business Administration
Downloads 1,022 (20,930)
Citation 85

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Corporate hedging; Derivatives; Capital structure; Taxes

Do Firms Hedge in Response to Tax Incentives?

Journal of Finance, Vol. 57, pp. 815-839, 2002
Posted: 14 Aug 2001
John R. Graham and Daniel A. Rogers
Duke University and Portland State University - School of Business Administration

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Corporate hedging; Derivatives; Capital structure; Taxes

The Idiosyncratic Volatility Puzzle: Time Trend or Speculative Episodes?

McCombs Research Paper Series No. FIN-02-09
Number of pages: 57 Posted: 09 Jun 2008 Last Revised: 18 Jan 2009
Michael W. Brandt, Alon Brav, John R. Graham and Alok Kumar
Duke University - Fuqua School of Business, Duke University - Fuqua School of Business, Duke University and University of Miami - Miami Herbert Business School
Downloads 1,013 (21,232)
Citation 63

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Idiosyncratic volatility, stock market bubbles, retail investors, speculation, stock splits

The Idiosyncratic Volatility Puzzle: Time Trend or Speculative Episodes?

The Review of Financial Studies, Vol. 23, Issue 2, pp. 863-899, 2009
Posted: 01 Feb 2010
Michael W. Brandt, Alon Brav, John R. Graham and Alok Kumar
Duke University - Fuqua School of Business, Duke University - Fuqua School of Business, Duke University and University of Miami - Miami Herbert Business School

Abstract:

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G11, G12, G14

Information Flow and Liquidity Around Anticipated and Unanticipated Dividend Announcements

Number of pages: 51 Posted: 29 Jun 2003
John R. Graham, Jennifer L. Koski and Uri Loewenstein
Duke University, University of Washington - Michael G. Foster School of Business and University of Utah - Department of Finance
Downloads 945 (23,483)
Citation 17

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dividends, news releases, announcements, stock price reactions, stock returns, information flow, scheduled, unscheduled, anticipated, unanticipated

Information Flow and Liquidity around Anticipated and Unanticipated Dividend Announcements

Journal of Business, Forthcoming
Posted: 11 Aug 2004
John R. Graham, Jennifer L. Koski and Uri Loewenstein
Duke University, University of Washington - Michael G. Foster School of Business and University of Utah - Department of Finance

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Dividends, news releases, announcements, stock price reactions, stock returns, information flow, scheduled, unscheduled, anticipated, unanticipated

58.

A Guide to Corporate Risk Management

Number of pages: 35 Posted: 13 Aug 2014
Johns Hopkins University - Paul H. Nitze School of Advanced International Studies (SAIS), Syracuse University - Whitman School of Management - Finance Department; James D. Kuhn Center for Real Estate, Duke University and Duke University - Fuqua School of Business
Downloads 900 (25,674)
Citation 1

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Risk Management, Hedging, Managerial Risk Aversion, Behavioral Finance, Manager fixed-effects, Interest rate risk, Credit risk, Commodity risk, Foreign exchange risk.

59.

The Long-Term Cost of the Financial Crisis

Number of pages: 6 Posted: 12 Mar 2009
Murillo Campello, John R. Graham and Campbell R. Harvey
Cornell University - Samuel Curtis Johnson Graduate School of Management, Duke University and Duke University - Fuqua School of Business
Downloads 860 (27,401)
Citation 3

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Financial crisis, financing constraints, investment spending, liquidity management, matching estimators

60.

Barriers to Mobility: The Lockout Effect of U.S. Taxation of Worldwide Corporate Profits

Number of pages: 51 Posted: 17 Dec 2008 Last Revised: 01 Sep 2010
John R. Graham, Michelle Hanlon and Terry J. Shevlin
Duke University, Massachusetts Institute of Technology (MIT) - Sloan School of Management and University of California-Irvine
Downloads 840 (28,263)
Citation 17

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Repatriation, Tax, American Jobs Creation Act, Homeland Investment Act, Dividends Received Deduction, Trapped Equity, International Tax, Trapped Cash, Section 965, Stimulus, Tax Amnesty

61.
Downloads 823 ( 29,158)
Citation 3

CEO-Board Dynamics

Number of pages: 70 Posted: 22 Mar 2017 Last Revised: 14 Jun 2019
John R. Graham, Hyunseob Kim and Mark T. Leary
Duke University, Cornell University - Samuel Curtis Johnson Graduate School of Management and Washington University in St. Louis - Olin Business School
Downloads 817 (28,978)
Citation 3

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Governance, Chief Executive, Board of Directors, Dynamic Contracting, Bargaining, Compensation, Monitoring

Ceo-Board Dynamics

NBER Working Paper No. w26004
Number of pages: 64 Posted: 01 Jul 2019
John R. Graham, Hyunseob Kim and Mark T. Leary
Duke University, Cornell University - Samuel Curtis Johnson Graduate School of Management and Washington University in St. Louis - Olin Business School
Downloads 6 (645,551)
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How Does Government Borrowing Affect Corporate Financing and Investment?

Number of pages: 53 Posted: 18 Apr 2014 Last Revised: 06 Oct 2014
John R. Graham, Mark T. Leary and Michael R. Roberts
Duke University, Washington University in St. Louis - Olin Business School and The Wharton School - University of Pennsylvania; National Bureau of Economic Research (NBER)
Downloads 787 (30,488)

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Capital Structure, Cash Policy, Investment, Government Debt, Fiscal Policy, Safe Assets

How Does Government Borrowing Affect Corporate Financing and Investment?

NBER Working Paper No. w20581
Number of pages: 53 Posted: 15 Oct 2014
John R. Graham, Mark T. Leary and Michael R. Roberts
Duke University, Washington University in St. Louis - Olin Business School and The Wharton School - University of Pennsylvania; National Bureau of Economic Research (NBER)
Downloads 23 (529,329)

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Do Personal Taxes Affect Corporate Financing Decisions?

Number of pages: 55 Posted: 01 Jul 1998
John R. Graham
Duke University
Downloads 785 (30,584)
Citation 8

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Do Personal Taxes Affect Corporate Financing Decisions?

Journal of Public Economics
Posted: 09 Dec 1998
John R. Graham
Duke University

Abstract:

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Herding Among Investment Newsletters: Theory and Evidence

Duke University Working Paper 9714
Number of pages: 51 Posted: 16 Jun 1998
John R. Graham
Duke University
Downloads 774 (31,192)
Citation 12

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Herding Among Investment Newsletters: Theory and Evidence

Journal of Finance
Posted: 15 Jun 1998
John R. Graham
Duke University

Abstract:

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65.
Downloads 722 ( 34,849)
Citation 14

The Evolution of Corporate Cash

Number of pages: 74 Posted: 07 Jul 2016 Last Revised: 22 Jun 2018
John R. Graham and Mark T. Leary
Duke University and Washington University in St. Louis - Olin Business School
Downloads 703 (35,540)
Citation 3

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Cash, Liquidity, IPO, Economic Growth

The Evolution of Corporate Cash

NBER Working Paper No. w23767
Number of pages: 72 Posted: 11 Sep 2017
John R. Graham and Mark T. Leary
Duke University and Washington University in St. Louis - Olin Business School
Downloads 18 (561,963)

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The Evolution of Corporate Cash

Journal of Applied Corporate Finance, Vol. 30, Issue 4, pp. 36-60, 2018
Number of pages: 27 Posted: 25 Feb 2019
John R. Graham and Mark T. Leary
Duke University and Washington University in St. Louis - Olin Business School
Downloads 1 (693,932)
Citation 3
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66.

The Equity Risk Premium in January 2006: Evidence from the Global Cfo Outlook Survey

Number of pages: 51 Posted: 19 Dec 2005
John R. Graham and Campbell R. Harvey
Duke University and Duke University - Fuqua School of Business
Downloads 696 (36,609)
Citation 4

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Cost of capital, equity premium, long-term market returns, long-term equity returns, expected excess returns, disagreement, individual uncertainty, skewness, asymmetry, survey methods, risk and reward, TIPs, VIX

67.

Managerial Response to the May 2003 Dividend Tax Cut

Number of pages: 34 Posted: 23 Jan 2007
Duke University - Fuqua School of Business, Duke University - Fuqua School of Business, Duke University and University of Geneva - Geneva Finance Research Institute (GFRI)
Downloads 680 (37,781)
Citation 14

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Payout, Dividend policy, Share repurchases, Tax cut, Press Release

68.
Downloads 644 ( 40,625)
Citation 4

The Management of Political Risk

Duke I&E Research Paper No. 2016-32
Number of pages: 21 Posted: 29 Jun 2016 Last Revised: 12 Jul 2016
Erasmo Giambona, John R. Graham and Campbell R. Harvey
Syracuse University - Whitman School of Management - Finance Department; James D. Kuhn Center for Real Estate, Duke University and Duke University - Fuqua School of Business
Downloads 644 (40,019)

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Political risk, Risk management, Hedging, Real options, Cost of capital, Derivatives, Investment, Foreign direct investment, Risk aversion, Behavioral theory, Agency theory, Economic growth, FDI, ISDA, GARP

Do Price Discreteness and Transactions Costs Affect Stock Returns? Comparing Ex-Dividend Pricing Before and after Decimalization

Number of pages: 45 Posted: 21 Jul 2002
John R. Graham, Roni Michaely and Michael R. Roberts
Duke University, University of Geneva - Geneva Finance Research Institute (GFRI) and The Wharton School - University of Pennsylvania; National Bureau of Economic Research (NBER)
Downloads 628 (41,453)
Citation 44

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Ex-dividend, transaction costs, taxes, decimalization

Do Price Discreteness and Transactions Costs Affect Stock Returns? Comparing Ex-Dividend Pricing Before and after Decimalization

Journal of Finance, Forthcoming
Posted: 16 Feb 2003
John R. Graham, Roni Michaely and Michael R. Roberts
Duke University, University of Geneva - Geneva Finance Research Institute (GFRI) and The Wharton School - University of Pennsylvania; National Bureau of Economic Research (NBER)

Abstract:

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Ex-dividend, transaction costs, taxes, decimalization

Do Stock Prices Influence Corporate Decisions? Evidence from the Technology Bubble

Number of pages: 42 Posted: 13 Mar 2006
Murillo Campello and John R. Graham
Cornell University - Samuel Curtis Johnson Graduate School of Management and Duke University
Downloads 562 (48,009)

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Stock markets, real investment, bubbles, financial constraints, endogeneity

Do Stock Prices Influence Corporate Decisions? Evidence from the Technology Bubble

NBER Working Paper No. w13640
Number of pages: 48 Posted: 30 Nov 2007 Last Revised: 22 Oct 2014
Murillo Campello and John R. Graham
Cornell University - Samuel Curtis Johnson Graduate School of Management and Duke University
Downloads 59 (370,732)
Citation 2

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71.

Real Effects of Accounting Rules: Evidence from Multinational Firms’ Investment Location and Profit Repatriation Decisions

Number of pages: 59 Posted: 17 Apr 2009 Last Revised: 01 Sep 2010
John R. Graham, Michelle Hanlon and Terry J. Shevlin
Duke University, Massachusetts Institute of Technology (MIT) - Sloan School of Management and University of California-Irvine
Downloads 597 (44,952)
Citation 10

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Investment, Reinvestment, Repatriation, Tax Expense, Multinational, Tax Policy, Tax Stimulus, Tax Reform

72.

The Equity Risk Premium in June 2005: Evidence from the Global Cfo Outlook Survey

Number of pages: 44 Posted: 15 Jun 2005
John R. Graham and Campbell R. Harvey
Duke University and Duke University - Fuqua School of Business
Downloads 583 (46,335)
Citation 3

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Cost of capital, equity premium, hurdle rate, long-term market returns, long-term equity returns, expected excess returns, disagreement, individual uncertainty, skewness, asymmetry, survey methods, risk and reward

Corporate Governance, Debt, and Investment Policy during the Great Depression

Management Science, 57(12), pp. 2083–2100 (2011)
Number of pages: 33 Posted: 20 Mar 2008 Last Revised: 13 Sep 2019
Duke University, Zicklin School of Business, Department of Economics and Finance, Baruch College - The City University of New York and PIMCO
Downloads 480 (58,713)

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Corporate Governance, Capital Structure, Investment Policy, Great Depression, Firm Stock Market Value

Corporate Governance, Debt, and Investment Policy During the Great Depression

NBER Working Paper No. w17387
Number of pages: 34 Posted: 21 Sep 2011
Duke University, Zicklin School of Business, Department of Economics and Finance, Baruch College - The City University of New York and PIMCO
Downloads 33 (472,312)

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74.

Employee Stock Options and Taxes

Number of pages: 21 Posted: 15 Apr 2005
University of North Carolina - Accounting Area, Duke University, University of North Carolina at Chapel Hill and University of North Carolina Kenan-Flagler Business School
Downloads 480 (59,371)

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Employee stock options, corporate tax rate, capital structure, debt ratio, cash flows

Using CFO Surveys as a Motivational Tool to Teach Corporate Finance

Number of pages: 22 Posted: 07 Dec 2010
John R. Graham
Duke University
Downloads 477 (59,201)

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corporate finance, surveys, capital structure, capital budgeting, payout, dividends, share repurchases

Using CFO Surveys as a Motivational Tool to Teach Corporate Finance

Financial Review, Vol. 46, Issue 2, pp. 193-205, 2011
Number of pages: 13 Posted: 11 Apr 2011
John R. Graham
Duke University
Downloads 2 (680,183)
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corporate finance, surveys, capital structure, capital budgeting, payout, dividends, share repurchases, G00, G31, G32, G35

76.

Market Timing Ability and Volatility Implied in Investment Newsletters' Asset Allocation Recommendations

Number of pages: 47 Posted: 03 Sep 1999
John R. Graham and Campbell R. Harvey
Duke University and Duke University - Fuqua School of Business
Downloads 470 (60,866)
Citation 6

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Newsletter performance, market timing

77.

Access to Liquidity and Corporate Investment in Europe During the Financial Crisis

Number of pages: 38 Posted: 25 Nov 2010 Last Revised: 23 Aug 2011
Cornell University - Samuel Curtis Johnson Graduate School of Management, Syracuse University - Whitman School of Management - Finance Department; James D. Kuhn Center for Real Estate, Duke University and Duke University - Fuqua School of Business
Downloads 460 (62,693)
Citation 4

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Financial Crisis, Investment Spending, Lines of Credit

78.

The Theory and Practice of Corporate Risk Management: Evidence from the Field

Number of pages: 56 Posted: 22 Mar 2018 Last Revised: 03 Aug 2018
Syracuse University - Whitman School of Management - Finance Department; James D. Kuhn Center for Real Estate, Duke University, Duke University - Fuqua School of Business and Johns Hopkins University - Paul H. Nitze School of Advanced International Studies (SAIS)
Downloads 436 (67,242)
Citation 5

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Corporate risk management, Expected cash flows, Risk aversion, Agency theory, Credit rationing, Information uncertainty, Financial distress, Dodd-Frank, Regulations, Operational/financial hedging methods

79.

Managerial Overconfidence and Corporate Policies

NBER Working Paper No. w13711
Number of pages: 57 Posted: 31 Dec 2007 Last Revised: 21 Feb 2008
Itzhak Ben-David, Campbell R. Harvey and John R. Graham
Ohio State University (OSU) - Department of Finance, Duke University - Fuqua School of Business and Duke University
Downloads 431 (67,609)
Citation 3

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The Effects of the Length of the Tax-Loss Carryback Period on Tax Receipts and Corporate Marginal Tax Rates

Number of pages: 29 Posted: 02 Apr 2009 Last Revised: 13 Dec 2009
John R. Graham and Hyunseob Kim
Duke University and Cornell University - Samuel Curtis Johnson Graduate School of Management
Downloads 342 (88,018)

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Loss Carryback, Tax Cut, Tax Stimulus, Corporate Tax Payment, Obama Tax Proposal, Tax Relief, Corporate Liquidity, Marginal Tax Rate, Federal Tax Revenue

The Effects of the Length of the Tax-Loss Carryback Period on Tax Receipts and Corporate Marginal Tax Rates

NBER Working Paper No. w15177
Number of pages: 31 Posted: 28 Jul 2009 Last Revised: 13 Aug 2009
John R. Graham and Hyunseob Kim
Duke University and Cornell University - Samuel Curtis Johnson Graduate School of Management
Downloads 39 (444,990)

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81.

The Equity Risk Premium in September 2005: Evidence from the Global Cfo Outlook Survey

Number of pages: 47 Posted: 28 Sep 2005
John R. Graham and Campbell R. Harvey
Duke University and Duke University - Fuqua School of Business
Downloads 354 (85,217)
Citation 7

Abstract:

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Cost of capital, equity premium, long-term market returns, long-term equity returns, expected excess returns, disagreement, individual uncertainty, skewness, asymmetry, survey methods, risk and reward, TIPs, VIX

82.

Executive Compensation, Interlocked Compensation Committees, and the 162(M) Cap on Tax Deductibility

Number of pages: 83 Posted: 28 Jan 2007
John R. Graham and Yonghan Wu
Duke University and Barclays Global Investors
Downloads 350 (86,390)
Citation 1

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Corporate Governance, Executive Compensation, Insiders, Interlock, Corporate Taxes

83.

An Empirical Model of Optimal Capital Structure

Journal of Applied Corporate Finance, Vol. 23, Issue 4, pp. 34-59, 2011
Number of pages: 28 Posted: 22 Dec 2011
Jules H. van Binsbergen, John R. Graham and Jie Yang
University of Pennsylvania - The Wharton School, Duke University and Board of Governors of the Federal Reserve System
Downloads 65 (348,043)
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84.

Market Timing Ability and Volatility Implied in Investment Newletters' Asset Allocation Recommendations

NBER Working Paper No. w4890
Number of pages: 51 Posted: 09 Jun 2004 Last Revised: 21 Apr 2008
John R. Graham and Campbell R. Harvey
Duke University and Duke University - Fuqua School of Business
Downloads 60 (362,527)

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85.

Financial Distress in the Great Depression

NBER Working Paper No. w17388
Number of pages: 42 Posted: 21 Sep 2011 Last Revised: 01 Apr 2015
Duke University, Zicklin School of Business, Department of Economics and Finance, Baruch College - The City University of New York and PIMCO
Downloads 47 (405,003)

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86.

The Persistence of Miscalibration

Number of pages: 49 Posted: 11 Oct 2019
Duke University, Ohio State University (OSU) - Department of Finance, Duke University, Duke University - Fuqua School of Business and Duke University - Marketing
Downloads 33 (470,149)

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Learning, Information, Behavioral economics, Volatility forecasts, Market forecasts, Behavioral finance, Bayesian updating, Expectations

87.

Managerial Miscalibration: Presentation Slides

Number of pages: 15 Posted: 11 Nov 2019
Itzhak Ben-David, John R. Graham and Campbell R. Harvey
Ohio State University (OSU) - Department of Finance, Duke University and Duke University - Fuqua School of Business
Downloads 15 (566,480)

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Overprecision, Overconfidence, Behavioral Bias, Behavioral Economics, Investment, Leverage, Expected Returns, Survey Methodology, Capital Structure, Executive Compensation, Risk, Volatility Forecasts, Market Forecasts, Debt Policy, Behavioral Finance, Risk Premium

88.

A Review of Taxes and Corporate Finance

Foundations and Trends in Finance, Vol. 1, No. 7, 2006
Number of pages: 119 Posted: 15 Jun 2010
John R. Graham
Duke University
Downloads 8 (605,055)
Citation 1
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89.

The Leveraging of Corporate America: A Long‐Run Perspective on Changes in Capital Structure

Journal of Applied Corporate Finance, Vol. 28, Issue 4, pp. 29-37, 2016
Number of pages: 11 Posted: 20 Jan 2017
John R. Graham, Mark T. Leary and Michael R. Roberts
Duke University, Washington University in St. Louis - Olin Business School and The Wharton School - University of Pennsylvania; National Bureau of Economic Research (NBER)
Downloads 5 (624,948)
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90.

Accounting for Income Taxes: Primer, Extant Research, and Future Directions

Foundations and Trends in Finance, Vol. 7, Nos. 1-2, 2012
Number of pages: 175 Posted: 23 May 2013
Duke University, University of North Carolina at Chapel Hill and University of North Carolina Kenan-Flagler Business School
Downloads 5 (624,948)
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financial reporting, tax accounts, book-tax differences, earnings management

91.

Debt and the Marginal Tax Rate

Posted: 28 Dec 1998
John R. Graham
Duke University

Abstract:

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92.

Proxies for the Marginal Tax Rate

Posted: 15 Jul 1998
John R. Graham
Duke University

Abstract:

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93.

Is a Group of Economists Better than One? Than None?

J. OF BUSINESS, Vol. 69 No. 2, April 1996
Posted: 03 Jul 1998
John R. Graham
Duke University

Abstract:

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94.

Proxies for the Corporate Marginal Tax Rate

Posted: 19 Jun 1998
John R. Graham
Duke University

Abstract:

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95.

Tax Incentives to Hedge

Simon School of Business Working Paper FR 96-03
Posted: 02 Sep 1997
John R. Graham and Clifford W. Smith
Duke University and Simon Graduate School of Business, University of Rochester

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