Edith S. Hotchkiss

Boston College - Carroll School of Management

Professor

140 Commonwealth Avenue

Department of Finance Fulton Hall, Room 330

Chestnut Hill, MA 02467

United States

SCHOLARLY PAPERS

24

DOWNLOADS
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SSRN RANKINGS

Top 876

in Total Papers Downloads

26,034

CITATIONS
Rank 1,194

SSRN RANKINGS

Top 1,194

in Total Papers Citations

459

Scholarly Papers (24)

1.

Bankruptcy and the Resolution of Financial Distress

Number of pages: 89 Posted: 24 Jan 2008
Boston College - Carroll School of Management, New York University (NYU) - Department of Finance, Norwegian School of Economics and Northeastern University, D’Amore-McKim School of Business, Finance Area
Downloads 4,420 (1,700)
Citation 32

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Bankruptcy, financial distress, bankruptcy costs, fire-sales, bankruptcy auctions, reorganizations, Chapter 11

2.
Downloads 3,776 ( 2,248)
Citation 77

Do Buyouts (Still) Create Value‘

Journal of Finance, Forthcoming
Number of pages: 59 Posted: 25 Aug 2007 Last Revised: 31 Aug 2009
Shourun Guo, Edith S. Hotchkiss and Weihong Song
Duke Energy Corp., Boston College - Carroll School of Management and Independent
Downloads 3,141 (3,041)
Citation 77

Abstract:

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leveraged buyout, private equity

Do Buyouts (Still) Create Value?

Journal of Finance, Forthcoming
Number of pages: 59 Posted: 25 Mar 2008 Last Revised: 25 Aug 2009
Shourun Guo, Edith S. Hotchkiss and Weihong Song
Duke Energy Corp., Boston College - Carroll School of Management and Independent
Downloads 586 (41,805)
Citation 77

Abstract:

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leverage buyouts, value creation

Do Buyouts (Still) Create Value?

NBER Working Paper No. w14187
Number of pages: 45 Posted: 21 Jul 2008 Last Revised: 29 Oct 2014
Shourun Guo, Edith S. Hotchkiss and Weihong Song
Duke Energy Corp., Boston College - Carroll School of Management and Independent
Downloads 49 (376,655)
Citation 77

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3.
Downloads 3,089 ( 3,197)

Valuation of Bankrupt Firms

Number of pages: 46 Posted: 27 Jul 1998
Stuart C. Gilson, Edith S. Hotchkiss and Richard S. Ruback
Harvard Business School - Finance Unit, Boston College - Carroll School of Management and Harvard Business School
Downloads 3,089 (3,129)
Citation 51

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Valuation of Bankrupt Firms

Review of Financial Studies, Vol. 13, Issue 1
Posted: 01 Mar 2000
Stuart C. Gilson, Edith S. Hotchkiss and Richard S. Ruback
Harvard Business School - Finance Unit, Boston College - Carroll School of Management and Harvard Business School

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Valuation of Bankrupt Firms

Review of Financial Studies
Posted: 14 Oct 1999
Stuart C. Gilson, Edith S. Hotchkiss and Richard S. Ruback
Harvard Business School - Finance Unit, Boston College - Carroll School of Management and Harvard Business School

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4.

Private Equity and the Resolution of Financial Distress

AFA 2012 Chicago Meetings Paper, ECGI - Finance Working Paper No. 331/2012
Number of pages: 58 Posted: 21 Mar 2011 Last Revised: 14 Mar 2014
Edith S. Hotchkiss, Per Strömberg and David C. Smith
Boston College - Carroll School of Management, Swedish House of Finance and University of Virginia - McIntire School of Commerce
Downloads 2,817 (3,729)
Citation 30

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Financial Distress, Bankruptcy, Private Equity, Capital Structure

5.

Vulture Investors and the Market for Control of Distressed Firms

Number of pages: 40 Posted: 01 Feb 1997
Edith S. Hotchkiss and Robert M. Mooradian
Boston College - Carroll School of Management and Northeastern University, D’Amore-McKim School of Business, Finance Area
Downloads 2,022 (6,507)
Citation 39

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6.

Governance in Financial Distress and Bankruptcy

Oxford Handbook of Corporate Governance, Forthcoming, Northwestern Public Law Research Paper No. 12-37
Number of pages: 44 Posted: 16 Nov 2012 Last Revised: 29 Dec 2012
Kenneth Ayotte, Edith S. Hotchkiss and Karin S. Thorburn
University of California, Berkeley - School of Law, Boston College - Carroll School of Management and Norwegian School of Economics
Downloads 1,261 (14,187)
Citation 6

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bankruptcy, reorganization, corporate finance, corporate governance, Chapter 11

7.

Determinants of Corporate Bond Trading: A Comprehensive Analysis

Number of pages: 36 Posted: 19 Jul 2007
Edith S. Hotchkiss and Gergana Jostova
Boston College - Carroll School of Management and George Washington University - Department of Finance
Downloads 1,205 (15,231)
Citation 18

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Institutional trading, liquidity, corporate bonds, NAIC

Acquisitions as a Means of Restructuring Firms in Chapter 11

Number of pages: 38 Posted: 21 Aug 1998
Robert M. Mooradian and Edith S. Hotchkiss
Northeastern University, D’Amore-McKim School of Business, Finance Area and Boston College - Carroll School of Management
Downloads 1,005 (19,629)
Citation 21

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Acquisitions as a Means of Restructuring Firms in Chapter 11

Journal of Financial Intermediation, Vol. 7, No. 3, 1998
Posted: 18 Aug 1998
Edith S. Hotchkiss and Robert M. Mooradian
Boston College - Carroll School of Management and Northeastern University, D’Amore-McKim School of Business, Finance Area

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Transparency and Liquidity: A Controlled Experiment on Corporate Bonds

AFA 2006 Boston Meetings Paper
Number of pages: 53 Posted: 19 Mar 2005
Edith S. Hotchkiss, Michael A. Goldstein and Erik R. Sirri
Boston College - Carroll School of Management, Babson College - Finance Division and Babson College
Downloads 882 (23,850)
Citation 67

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corporate bonds, transparency, transaction costs, TRACE

Transparency and Liquidity: A Controlled Experiment on Corporate Bonds

Review of Financial Studies, Vol. 20, No. 2, pp. 235-273, March 2007
Posted: 13 Apr 2007
Michael A. Goldstein, Edith S. Hotchkiss and Erik R. Sirri
Babson College - Finance Division, Boston College - Carroll School of Management and Babson College

Abstract:

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transparency, liquidity, corporate bonds

Transparency and Liquidity: A Controlled Experiment on Corporate Bonds

The Review of Financial Studies, Vol. 20, No. 2, pp. 235-273, 2007
Posted: 17 Jul 2008
Michael A. Goldstein, Edith S. Hotchkiss and Erik R. Sirri
Babson College - Finance Division, Boston College - Carroll School of Management and Babson College

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10.

The Informational Efficiency of the Corporate Bond Market: An Intraday Analysis

Number of pages: 42 Posted: 03 Jan 2000
Tavy Ronen and Edith S. Hotchkiss
Rutgers University, Newark - School of Business - Department of Finance & Economics and Boston College - Carroll School of Management
Downloads 814 (27,225)
Citation 66

Abstract:

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11.

Dealer Behavior and the Trading of Newly Issued Corporate Bonds

AFA 2009 San Francisco Meetings Paper
Number of pages: 38 Posted: 19 Oct 2007 Last Revised: 20 Mar 2008
Michael A. Goldstein and Edith S. Hotchkiss
Babson College - Finance Division and Boston College - Carroll School of Management
Downloads 704 (33,188)
Citation 14

Abstract:

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corporate bonds, transparency, liquidity, TRACE, underpricing

12.

Cashing Out: The Rise of M&A in Bankruptcy

Number of pages: 59 Posted: 10 Jan 2015 Last Revised: 16 Mar 2016
Stuart C. Gilson, Edith S. Hotchkiss and Matthew G Osborn
Harvard Business School - Finance Unit, Boston College - Carroll School of Management and Cornerstone Research
Downloads 644 (37,411)

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Chapter 11, Bankruptcy, Mergers and Acquisitions, Section 363, Asset Sales, Liquidations, Creditor Control

13.
Downloads 531 ( 48,089)
Citation 13

Holdups, Renegotiation, and Deal Protection in Mergers

Number of pages: 48 Posted: 22 Apr 2005
Edith S. Hotchkiss, Jun Qian and Weihong Song
Boston College - Carroll School of Management, Fanhai International School of Finance, Fudan University and Independent
Downloads 409 (65,903)
Citation 13

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Holdup, renegotiation, merger, deal protection, termination fee, lockup.

Holdups, Renegotiation, and Deal Protection in Mergers

Number of pages: 48 Posted: 23 Oct 2013
Edith S. Hotchkiss, Jun Qian, Weihong Song and Julie Lei Zhu
Boston College - Carroll School of Management, Fanhai International School of Finance, Fudan University, Independent and Shanghai Jiao Tong University (SJTU) - Shanghai Advanced Institute of Finance (SAIF)
Downloads 103 (247,011)
Citation 13

Abstract:

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Holdup, renegotiation, merger, deal protection, termination fee, lockup

Holdups, Renegotiation, and Deal Protection in Mergers

Number of pages: 46 Posted: 09 Oct 2017 Last Revised: 14 Oct 2017
Edith S. Hotchkiss, Jun Qian and Julie Zhu
Boston College - Carroll School of Management, Fanhai International School of Finance, Fudan University and Fanhai International School of Finance(FISF), Fudan University
Downloads 19 (516,484)
Citation 12

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Holdup, renegotiation, merger, deal protection, termination fee, lockup

14.

The Value of Creditor Control in Corporate Bonds

Journal of Financial Economics (JFE), Volume 121, Issue 1, pp. 1-27, July 2016
Number of pages: 62 Posted: 07 Mar 2014 Last Revised: 01 Jun 2016
Peter Feldhütter, Edith S. Hotchkiss and Oğuzhan Karakaş
Copenhagen Business School, Boston College - Carroll School of Management and Cambridge Judge Business School - Finance Subject Group
Downloads 529 (48,322)

Abstract:

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Creditor control, Credit default swap (CDS), Distress, Default, Bankruptcy, Covenant violation, Liquidity, Corporate bonds

15.

Auctions in Bankruptcy

Number of pages: 37 Posted: 03 Jul 1999
Edith S. Hotchkiss and Robert M. Mooradian
Boston College - Carroll School of Management and Northeastern University, D’Amore-McKim School of Business, Finance Area
Downloads 513 (50,413)
Citation 6

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16.

Empirical Evidence on the Existence of Dividend Clienteles

Number of pages: 44 Posted: 20 Jul 2007
Edith S. Hotchkiss and Stephen Lawrence
Boston College - Carroll School of Management and State Street Global Exchange
Downloads 418 (64,753)
Citation 15

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Dividend policy, institutional investors, clienteles

17.

Corporate Pensions and Financial Distress

AFA 2015 Boston Meetings Paper
Number of pages: 39 Posted: 17 Jan 2015
Ying Duan, Edith S. Hotchkiss and Yawen Jiao
Simon Fraser University (SFU) - Beedie School of Business, Boston College - Carroll School of Management and University of California, Riverside
Downloads 338 (83,096)

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Financial distress; Pension plans; Company stock; Underfunding

18.

Holdups, Renegotiation, and Termination Fees in Mergers

AFA 2005 Philadelphia Meetings
Number of pages: 50 Posted: 18 Nov 2004
Edith S. Hotchkiss, Jun Qian and Weihong Song
Boston College - Carroll School of Management, Fanhai International School of Finance, Fudan University and Independent
Downloads 301 (94,552)
Citation 1

Abstract:

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Holdup, renegotiation, merger, termination fee, lockup, toehold

19.

Providing Liquidity in an Illiquid Market: Dealer Behavior in U.S. Corporate Bonds

Number of pages: 66 Posted: 01 Jun 2017 Last Revised: 21 Jul 2018
Michael A. Goldstein and Edith S. Hotchkiss
Babson College - Finance Division and Boston College - Carroll School of Management
Downloads 255 (112,767)

Abstract:

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Corporate Bond Illiquidity, Capital Commitment, Dealer Inventory, Market-Making, transparency, TRACE, transaction costs

20.

The Motives for Private Equity Buyouts of Private Firms: Evidence from U.S. Corporate Tax Returns

Number of pages: 57 Posted: 01 Sep 2013 Last Revised: 11 Aug 2016
Jonathan B. Cohn, Edith S. Hotchkiss and Erin Towery
University of Texas at Austin, Boston College - Carroll School of Management and University of Georgia
Downloads 223 (129,052)

Abstract:

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Private Equity Buyouts, Capital Structure, Private Firms

21.

Business Ties and Information Advantage: Evidence from Mutual Fund Trading

Number of pages: 65 Posted: 18 Mar 2011 Last Revised: 07 Aug 2016
Ying Duan, Edith S. Hotchkiss and Yawen Jiao
Simon Fraser University (SFU) - Beedie School of Business, Boston College - Carroll School of Management and University of California, Riverside
Downloads 222 (129,601)
Citation 3

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Business ties, Mutual funds, Information advantage, Employee pension plans

22.

Payday Before Mayday: CEO Compensation Contracting for Distressed Firms

Number of pages: 64 Posted: 31 Jul 2018 Last Revised: 01 Oct 2018
Mary Ellen Carter, Edith S. Hotchkiss and Mahdi Mohseni
Boston College - Department of Accounting, Boston College - Carroll School of Management and Texas A&M University - Department of Finance
Downloads 65 (323,773)

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Financial Distress, CEO Compensation, Contracting, Default, Creditors

23.

Does Shareholder Composition Matter? Evidence from the Market Reaction to Corporate Earnings Announcements

Journal of Finance, Vol. 58, pp. 1469-1498, August 2003
Posted: 05 Nov 2003
Edith S. Hotchkiss and Deon Strickland
Boston College - Carroll School of Management and Arizona State University (ASU) - Finance Department

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24.

Post-Bankruptcy Performance and Management Turnover

JOURNAL OF FINANCE, Vol 50, No 1, March 1995
Posted: 04 May 2000
Edith S. Hotchkiss
Boston College - Carroll School of Management

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