Paul Povel

University of Houston - Department of Finance, C.T. Bauer College of Business

University of Houston

334 Melcher Hall

Houston, TX 77204

United States

http://www.bauer.uh.edu/povel

SCHOLARLY PAPERS

18

DOWNLOADS
Rank 8,438

SSRN RANKINGS

Top 8,438

in Total Papers Downloads

5,337

CITATIONS
Rank 5,511

SSRN RANKINGS

Top 5,511

in Total Papers Citations

148

Scholarly Papers (18)

1.

Optimal Investment Under Financial Constraints: The Roles of Internal Funds and Asymmetric Information

AFA 2002 Atlanta Meetings; Institute of Financial Studies, Carlson School of Management, Working Paper No. 0103
Number of pages: 42 Posted: 19 May 2001
Paul Povel and Michael Raith
University of Houston - Department of Finance, C.T. Bauer College of Business and University of Rochester - Simon Business School
Downloads 1,053 (19,876)
Citation 23

Abstract:

Loading...

Financial constraints, capital market imperfections, financial contracts, investment, net worth, investment-cash flow sensitivities

2.
Downloads 756 ( 31,954)
Citation 54

Booms, Busts, and Fraud

AFA 2005 Philadelphia Meetings
Number of pages: 43 Posted: 13 Dec 2004
Paul Povel, Rajdeep Singh and Andrew Winton
University of Houston - Department of Finance, C.T. Bauer College of Business, University of Minnesota - Twin Cities - Carlson School of Management and University of Minnesota - Twin Cities - Carlson School of Management
Downloads 496 (54,919)
Citation 10

Abstract:

Loading...

Boom, Credit Cycle, Fraud, Monitoring.

Booms, Busts, and Fraud

Review of Financial Studies, Forthcoming
Number of pages: 43 Posted: 11 Jan 2007
Paul Povel, Rajdeep Singh and Andrew Winton
University of Houston - Department of Finance, C.T. Bauer College of Business, University of Minnesota - Twin Cities - Carlson School of Management and University of Minnesota - Twin Cities - Carlson School of Management
Downloads 260 (116,081)
Citation 1

Abstract:

Loading...

Boom, Credit Cycle, Fraud, Monitoring

Booms, Busts, and Fraud

The Review of Financial Studies, Vol. 20, Issue 4, pp. 1219-1254, 2007
Posted: 25 Jun 2008
Paul Povel, Rajdeep Singh and Andrew Winton
University of Houston - Department of Finance, C.T. Bauer College of Business, University of Minnesota - Twin Cities - Carlson School of Management and University of Minnesota - Twin Cities - Carlson School of Management

Abstract:

Loading...

E320, G300, G380

3.
Downloads 681 ( 36,850)
Citation 3

Stapled Finance

Number of pages: 43 Posted: 02 Aug 2007 Last Revised: 14 Jan 2009
Paul Povel and Rajdeep Singh
University of Houston - Department of Finance, C.T. Bauer College of Business and University of Minnesota - Twin Cities - Carlson School of Management
Downloads 444 (63,151)

Abstract:

Loading...

Stapled Finance, Mergers & Acquisitions, Takeovers, Debt, Auctions

Stapled Finance

Journal of Finance, forthcoming
Number of pages: 29 Posted: 11 Mar 2008 Last Revised: 08 Sep 2009
Paul Povel and Rajdeep Singh
University of Houston - Department of Finance, C.T. Bauer College of Business and University of Minnesota - Twin Cities - Carlson School of Management
Downloads 237 (127,714)
Citation 3

Abstract:

Loading...

Stapled Finance, Mergers & Acquisitions, Takeovers, Debt, Auctions

4.
Downloads 561 ( 47,612)
Citation 42

The U-Shaped Investment Curve: Theory and Evidence

Simon Business School Working Paper No. FR 03-32
Number of pages: 57 Posted: 25 Nov 2003
Paul Povel, W. Sean Cleary and Michael Raith
University of Houston - Department of Finance, C.T. Bauer College of Business, Saint Mary's University, Canada - Department of Finance, Information Systems & Management Science and University of Rochester - Simon Business School
Downloads 545 (48,730)
Citation 5

Abstract:

Loading...

Financial constraints, capital market imperfections, financial contracts, investment, internal funds, investment-cash flow sensitivity

The U-Shaped Investment Curve: Theory and Evidence

CEPR Discussion Paper No. 4206
Number of pages: 52 Posted: 10 Feb 2004
Paul Povel, W. Sean Cleary and Michael Raith
University of Houston - Department of Finance, C.T. Bauer College of Business, Saint Mary's University, Canada - Department of Finance, Information Systems & Management Science and University of Rochester - Simon Business School
Downloads 16 (562,841)
Citation 1
  • Add to Cart

Abstract:

Loading...

Financial Constraints and Product Market Competition: Ex-Ante vs. Ex-Post Incentives

Simon Business School Working Paper No. FR 04-09
Number of pages: 42 Posted: 20 Jul 2004
Paul Povel and Michael Raith
University of Houston - Department of Finance, C.T. Bauer College of Business and University of Rochester - Simon Business School
Downloads 395 (72,696)
Citation 2

Abstract:

Loading...

Financial constraints, debt, product market competition

Financial Constraints and Product Market Competition: Ex-Ante vs. Ex-Post Incentives

International Journal of Industrial Organization, Vol. 22, No. 7, pp. 917-949, September 2004
Posted: 25 May 2004
Paul Povel and Michael Raith
University of Houston - Department of Finance, C.T. Bauer College of Business and University of Rochester - Simon Business School

Abstract:

Loading...

Financial constraints, debt, product market competition

6.

The Information Content of Put Warrant Issues

Number of pages: 36 Posted: 04 Jul 2004
Paul Povel, Scott Gibson and Rajdeep Singh
University of Houston - Department of Finance, C.T. Bauer College of Business, College of William and Mary - Mason School of Business and University of Minnesota - Twin Cities - Carlson School of Management
Downloads 331 (89,997)

Abstract:

Loading...

Put warrants, share repurchases, signaling

7.

Competition for Talent Under Performance Manipulation: CEOs on Steroids

Journal of Accounting and Economics, Elsevier, vol. 64(1), pages 1-14.
Number of pages: 61 Posted: 24 Oct 2013 Last Revised: 21 Oct 2018
Ivan Marinovic and Paul Povel
Graduate School of Business, Stanford University and University of Houston - Department of Finance, C.T. Bauer College of Business
Downloads 309 (97,039)

Abstract:

Loading...

Executive Compensation, Competition for Talent, Optimal Contracts, Asymmetric Information, Performance Manipulation, Earnings Management, Regulation

Optimal Debt with Unobservable Investments

Number of pages: 32 Posted: 19 May 2001
Paul Povel and Michael Raith
University of Houston - Department of Finance, C.T. Bauer College of Business and University of Rochester - Simon Business School
Downloads 255 (118,508)
Citation 2

Abstract:

Loading...

financial contracting, security design, debt, bankruptcy, agency problems, moral hazard, risk-shifting, asset substitution

Optimal Debt with Unobservable Investments

RAND Journal of Economics, Vol. 35, No.3, Autumn 2004
Posted: 23 Jan 2004
Paul Povel and Michael Raith
University of Houston - Department of Finance, C.T. Bauer College of Business and University of Rochester - Simon Business School

Abstract:

Loading...

Financial contracting, security design, debt, bankruptcy, agency problems, moral hazard, risk-shifting, asset substitution

Takeover Contests with Asymmetric Bidders

AFA 2005 Philadelphia Meetings; EFA 2004 Maastricht Meetings Paper No. 1613
Number of pages: 50 Posted: 25 Jul 2004
Paul Povel and Rajdeep Singh
University of Houston - Department of Finance, C.T. Bauer College of Business and University of Minnesota - Twin Cities - Carlson School of Management
Downloads 196 (153,668)
Citation 3

Abstract:

Loading...

Takeovers, asymmetric bidders, MBOs, deal protection devices

Takeover Contests with Asymmetric Bidders

The Review of Financial Studies, Vol. 19, Issue 4, pp. 1399-1431, 2006
Posted: 29 Feb 2008
Paul Povel and Rajdeep Singh
University of Houston - Department of Finance, C.T. Bauer College of Business and University of Minnesota - Twin Cities - Carlson School of Management

Abstract:

Loading...

10.
Downloads 186 (161,341)
Citation 4

Sale-Backs in Bankruptcy

Journal of Law, Economics and Organization, Vol. 23, No. 2, October 2007
Number of pages: 32 Posted: 11 Jan 2007
Paul Povel and Rajdeep Singh
University of Houston - Department of Finance, C.T. Bauer College of Business and University of Minnesota - Twin Cities - Carlson School of Management
Downloads 110 (248,076)
Citation 1

Abstract:

Loading...

Bankruptcy, Liquidation, Chapter 11, Section 363 Sales, Sale-Backs

Sale-Backs in Bankruptcy

Number of pages: 32 Posted: 17 Mar 2006
Paul Povel and Rajdeep Singh
University of Houston - Department of Finance, C.T. Bauer College of Business and University of Minnesota - Twin Cities - Carlson School of Management
Downloads 76 (315,941)

Abstract:

Loading...

Bankruptcy, Liquidation, Chapter 11, Section 363 Sales, Sale-Backs

Sale-Backs in Bankruptcy

The Journal of Law, Economics, & Organization, Vol. 23, Issue 3, pp. 710-730, 2007
Posted: 23 Jun 2008
Paul Povel and Rajdeep Singh
University of Houston - Department of Finance, C.T. Bauer College of Business and University of Minnesota - Twin Cities - Carlson School of Management

Abstract:

Loading...

11.

Boom and Gloom

Journal of Finance, Forthcoming
Number of pages: 68 Posted: 19 Jun 2015
University of Houston - Department of Finance, C.T. Bauer College of Business, Universidad de los Andes, Chile, Imperial College London and University of Houston - Department of Finance
Downloads 129 (219,400)

Abstract:

Loading...

Investment cycles, booms, herding, competition, imitation

12.

Getting to Know Each Other: The Role of Toeholds in Acquisitions

Number of pages: 50 Posted: 16 Nov 2012 Last Revised: 06 Nov 2013
Paul Povel and Giorgo Sertsios
University of Houston - Department of Finance, C.T. Bauer College of Business and Universidad de los Andes, Chile
Downloads 119 (233,157)
Citation 1

Abstract:

Loading...

Mergers & Acquisitions, Takeovers, Toeholds, Auctions

13.
Downloads 108 (249,964)

Capital Structure under Collusion

Number of pages: 66 Posted: 01 Dec 2016 Last Revised: 01 Feb 2018
Universidad de los Andes, Chile, Universidad de Montevideo, University of Navarra, IESE Business School and University of Houston - Department of Finance, C.T. Bauer College of Business
Downloads 108 (251,378)

Abstract:

Loading...

Capital Structure, Financial Leverage, Financial Policies, Collusion, Cartels, Trigger Strategies

Capital Structure Under Collusion

CEPR Discussion Paper No. DP12151
Number of pages: 63 Posted: 25 Jul 2017
Universidad de Montevideo, University of Navarra, IESE Business School, University of Houston - Department of Finance, C.T. Bauer College of Business and Universidad de los Andes, Chile
Downloads 0
  • Add to Cart

Abstract:

Loading...

Capital Structure, cartels, Collusion, Financial Leverage, Financial Policies, Trigger Strategies

14.

Boom and Gloom

Number of pages: 53 Posted: 29 Mar 2013 Last Revised: 03 May 2014
Cornell University - School of Hotel Administration, University of Houston - Department of Finance, University of Houston - Department of Finance, C.T. Bauer College of Business and Universidad de los Andes, Chile
Downloads 97 (268,866)
Citation 1

Abstract:

Loading...

Investment cycles, booms, herding, competition

15.

An Experimental Analysis of Risk Shifting Behavior

Review of Corporate Finance Studies, Forthcoming
Number of pages: 47 Posted: 13 Jul 2014 Last Revised: 04 Aug 2016
New York University, Abu Dhabi, University of Houston - Department of Finance, C.T. Bauer College of Business and Universidad de los Andes, Chile
Downloads 81 (301,154)
Citation 1

Abstract:

Loading...

Experimental Corporate Finance, Risk Shifting, Asset Substitution

16.
Downloads 80 (303,391)
Citation 1

Using Bidder Asymmetry to Increase Seller Revenue

Number of pages: 9 Posted: 18 Jul 2002
Paul Povel and Rajdeep Singh
University of Houston - Department of Finance, C.T. Bauer College of Business and University of Minnesota - Twin Cities - Carlson School of Management
Downloads 80 (306,305)
Citation 1

Abstract:

Loading...

Auctions, Common Value, Asymmetric Bidders

Using Bidder Asymmetry to Increase Seller Revenue

Economics Letters, Forthcoming
Posted: 12 Jan 2004
Paul Povel and Rajdeep Singh
University of Houston - Department of Finance, C.T. Bauer College of Business and University of Minnesota - Twin Cities - Carlson School of Management

Abstract:

Loading...

Auctions, Common Value, Asymmetric Bidders

17.

Liquidity Constraints, Production Costs and Output Decisions

CEPR Discussion Paper No. 2458
Posted: 27 Jun 2000
Paul Povel and Michael Raith
University of Houston - Department of Finance, C.T. Bauer College of Business and University of Rochester - Simon Business School

Abstract:

Loading...

18.

Optimal 'Soft' or 'Tough' Bankruptcy Procedures

Journal of Law, Economics, and Organization, Vol. 15, No. 3, Fall 1999
Posted: 20 Oct 1999
Paul Povel
University of Houston - Department of Finance, C.T. Bauer College of Business

Abstract:

Loading...