Chad J. Zutter

University of Pittsburgh

Associate Professor of Finance

352 Mervis Hall, Katz GSOB

University of Pittsburgh

Pittsburgh, PA 15260

United States

http://www.pitt.edu/~czutter/

  • University of Pittsburgh

    • Email
    • Tel: 412-648-2159
    • Fax: 412-648-1693
SCHOLARLY PAPERS

26

DOWNLOADS
Rank 6,903

SSRN RANKINGS

Top 6,903

in Total Papers Downloads

13,228

TOTAL CITATIONS
Rank 3,815

SSRN RANKINGS

Top 3,815

in Total Papers Citations

328

Scholarly Papers (26)

Actions:
Email selected abstracts
1.

Why Do Private Acquirers Pay so Little Compared to Public Acquirers?

Downloads 1,656 (23,414)
Citation 40

Why Do Private Acquirers Pay so Little Compared to Public Acquirers?

Fisher College of Business Working Paper No. 2007-03-011, ECGI - Finance Working Paper No. 171/2007, Charles A. Dice Center Working Paper No. 2007-8
Number of pages: 48 Posted: 15 Apr 2007
Leonce Bargeron, Frederik P. Schlingemann, René M. Stulz and Chad J. Zutter
University of Kentucky - Gatton College of Business and Economics, University of Pittsburgh - Finance Group, Ohio State University (OSU) - Department of Finance and University of Pittsburgh
Downloads 1,574 (24,866)
Citation 40

Abstract:

Loading...

Private equity acquisitions, target abnormal returns

Why Do Private Acquirers Pay so Little Compared to Public Acquirers?

NBER Working Paper No. w13061
Number of pages: 43 Posted: 27 Jun 2007 Last Revised: 10 Sep 2022
Leonce Bargeron, Frederik P. Schlingemann, René M. Stulz and Chad J. Zutter
University of Kentucky - Gatton College of Business and Economics, University of Pittsburgh - Finance Group, Ohio State University (OSU) - Department of Finance and University of Pittsburgh
Downloads 82 (650,504)

Abstract:

Loading...

2.

Why Do Firms Go Public? Evidence from the Banking Industry

Number of pages: 37 Posted: 23 Mar 2005
Richard J. Rosen, Scott Smart and Chad J. Zutter
Federal Reserve Bank of Chicago - Economic Research, Indiana University - Kelley School of Business - Department of Finance and University of Pittsburgh
Downloads 1,170 (39,175)
Citation 24

Abstract:

Loading...

Going public, initial public offering, takeover, banking

3.

IPO Underpricing and International Corporate Governance

Journal of International Business Studies, Vol. 41, February/March, 2010
Number of pages: 38 Posted: 06 Sep 2006 Last Revised: 14 May 2014
Thomas J. Boulton, Scott Smart and Chad J. Zutter
Miami University, Indiana University - Kelley School of Business - Department of Finance and University of Pittsburgh
Downloads 1,162 (39,579)
Citation 25

Abstract:

Loading...

Underpricing, Initial public offerings, International finance, Corporate control, Governance

4.

Earnings Quality and International IPO Underpricing

The Accounting Review, Vol. 86, No. 2, 2011
Number of pages: 41 Posted: 20 Mar 2007 Last Revised: 27 Jul 2021
Thomas J. Boulton, Scott Smart and Chad J. Zutter
Miami University, Indiana University - Kelley School of Business - Department of Finance and University of Pittsburgh
Downloads 1,135 (41,018)
Citation 6

Abstract:

Loading...

International finance, Earnings quality, Initial public offerings, Underpricing, Valuation

5.

Sarbanes-Oxley and Corporate Risk-Taking

Number of pages: 39 Posted: 09 Mar 2008
Leonce Bargeron, Kenneth Lehn and Chad J. Zutter
University of Kentucky - Gatton College of Business and Economics, University of Pittsburgh - Finance Group and University of Pittsburgh
Downloads 1,040 (46,382)
Citation 97

Abstract:

Loading...

Sarbanes-Oxley, Legislative policy, Corporate risk taking, Investment policy

6.

Control as a Motivation for Underpricing: A Comparison of Dual- and Single-Class Ipos

Number of pages: 41 Posted: 25 Jul 2000
Scott Smart and Chad J. Zutter
Indiana University - Kelley School of Business - Department of Finance and University of Pittsburgh
Downloads 850 (61,379)
Citation 33

Abstract:

Loading...

Initial Public Offerings (IPO), Underpricing, Dual Class, Reduced Monitoring, Governance

7.

Ownership Structure and Target Returns

Journal of Corporate Finance, Vol. 15, No. 1, 2009
Number of pages: 47 Posted: 12 Nov 2006 Last Revised: 19 Nov 2011
Scott W. Bauguess, Sara B. Moeller, Frederik P. Schlingemann and Chad J. Zutter
University of Texas at Austin - Department of Finance, University of Pittsburgh - Finance Group, University of Pittsburgh - Finance Group and University of Pittsburgh
Downloads 557 (105,991)
Citation 8

Abstract:

Loading...

target returns, ownerhsip, acquisition, firm value

8.

Acquisition Activity and IPO Underpricing

Financial Management, Vol. 39, Winter, 2010
Number of pages: 48 Posted: 06 Sep 2006 Last Revised: 14 May 2014
Thomas J. Boulton, Scott Smart and Chad J. Zutter
Miami University, Indiana University - Kelley School of Business - Department of Finance and University of Pittsburgh
Downloads 555 (106,480)

Abstract:

Loading...

Underpricing, Initial public offerings, Merger and acquisitions, Corporate control, Governance

9.

What's in a Vote? The Short- and Long-Run Impact of Dual-Class Equity on IPO Firm Values

Number of pages: 50 Posted: 24 Aug 2005
Scott Smart, Ramabhadran S. Thirumalai and Chad J. Zutter
Indiana University - Kelley School of Business - Department of Finance, Indian School of Business and University of Pittsburgh
Downloads 536 (111,262)
Citation 16

Abstract:

Loading...

Initial public offerings, Dual class, Ownership structure, Governance, Firm value, Long-run performance, CEO turnover

10.

Does Target CEO Retention in Acquisitions Involving Private Equity Acquirers Harm Target Shareholders?

Fisher College of Business Working Paper No. 2012-03-026, Charles A. Dice Center Working Paper No. 2012-26
Number of pages: 47 Posted: 06 Dec 2012 Last Revised: 10 Feb 2017
Leonce Bargeron, Frederik P. Schlingemann, Chad J. Zutter and René M. Stulz
University of Kentucky - Gatton College of Business and Economics, University of Pittsburgh - Finance Group, University of Pittsburgh and Ohio State University (OSU) - Department of Finance
Downloads 510 (118,260)
Citation 6

Abstract:

Loading...

CEO retention, private equity acquisitions, mergers, acquisition premiums

11.

Shareholder Litigation Risk and Readability of Corporate Financial Disclosures: Evidence from Natural Experiments

Number of pages: 67 Posted: 18 Jun 2019 Last Revised: 30 Nov 2021
Abhishek Ganguly, Arup Ganguly, Lin Ge and Chad J. Zutter
University of Oklahoma, University of Mississippi, University of Mississippi and University of Pittsburgh
Downloads 482 (126,603)
Citation 1

Abstract:

Loading...

Shareholder litigation risk, Corporate financial disclosure, Textual analysis, Endogeneity

12.

Information Revelation in the Futures Market: Evidence from the Single Stock Futures Market

Number of pages: 39 Posted: 16 Mar 2006
Kuldeep Shastri, Ramabhadran S. Thirumalai and Chad J. Zutter
University of Pittsburgh - Finance Group, Indian School of Business and University of Pittsburgh
Downloads 454 (136,075)
Citation 10

Abstract:

Loading...

futures market, price discovery, information share

13.

Conservatism and International IPO Underpricing

Journal of International Business Studies, Vol. 48, August, 2017, Kelley School of Business Research Paper No. 17-2
Number of pages: 47 Posted: 21 Dec 2016 Last Revised: 28 Mar 2019
Thomas J. Boulton, Scott Smart and Chad J. Zutter
Miami University, Indiana University - Kelley School of Business - Department of Finance and University of Pittsburgh
Downloads 434 (143,426)
Citation 17

Abstract:

Loading...

International Finance, Initial Public Offerings, Accounting Conservatism, Underpricing

14.

Political Corruption and Firm Value in the U.S.: Do Rents and Monitoring Matter?

Journal of Business Ethics, 2021 (vol. 168, no. 2, p. 335-351)
Number of pages: 48 Posted: 28 Mar 2018 Last Revised: 09 Dec 2021
Nerissa C. Brown, Jared D. Smith, Roger M. White and Chad J. Zutter
University of Illinois at Urbana-Champaign, North Carolina State University - Poole College of Management, Arizona State University (ASU) - School of Accountancy and University of Pittsburgh
Downloads 420 (149,065)
Citation 17

Abstract:

Loading...

political corruption, firm value, Tobin's Q

15.

Climate Change Vulnerability and IPO Underpricing Around the World

Number of pages: 83 Posted: 19 May 2022 Last Revised: 02 May 2024
Thomas J. Boulton, Douglas J. Cumming and Chad J. Zutter
Miami University, Florida Atlantic University and University of Pittsburgh
Downloads 319 (201,899)
Citation 8

Abstract:

Loading...

Climate change, initial public offerings, underpricing

16.

The Impact of Institutional Quality on Initial Public Offerings

Journal of Economics and Business, Vol. 73, No. 1, 2014
Number of pages: 52 Posted: 23 Apr 2010 Last Revised: 23 Sep 2014
Don M. Autore, Thomas J. Boulton, Scott Smart and Chad J. Zutter
Florida State University - College of Business, Miami University, Indiana University - Kelley School of Business - Department of Finance and University of Pittsburgh
Downloads 272 (238,823)
Citation 2

Abstract:

Loading...

International finance, Initial public offerings, Governance, Investor protection

17.

The Evolution of Equity Financing: A Comparison of Dual-Class and Single-Class SEOs

Number of pages: 29 Posted: 14 Jan 2008
Scott Smart, Chad J. Zutter and William L. Megginson
Indiana University - Kelley School of Business - Department of Finance, University of Pittsburgh and University of Oklahoma
Downloads 262 (248,049)
Citation 3

Abstract:

Loading...

Seasoned equity offerings (SEOs), Announcement Effects, Dual class, Reduced monitoring, Governance

18.

Industrial Diversification and Underpricing of Initial Public Offerings

Financial Management, Vol. 42, No. 3, 2013
Number of pages: 46 Posted: 03 Oct 2007 Last Revised: 11 Aug 2014
Thomas J. Boulton, Scott Smart and Chad J. Zutter
Miami University, Indiana University - Kelley School of Business - Department of Finance and University of Pittsburgh
Downloads 226 (287,120)

Abstract:

Loading...

Diversification, Initial Public Offerings, IPO Underpricing

19.

25 Years and Counting of Corporate Finance: What Have We Learned and Where Are We Going?

Journal of Corporate Finance, Forthcoming
Number of pages: 15 Posted: 04 Mar 2021
April M. Knill, Irena Hutton and Chad J. Zutter
University of South Carolina - Darla Moore School of Business, Florida State University - College of Business and University of Pittsburgh
Downloads 219 (295,807)
Citation 2

Abstract:

Loading...

Corporate Finance

20.

What is the Shareholder Wealth Impact of Target CEO Retention in Private Equity Deals?

Fisher College of Business Working Paper No. 2017-03-004, Charles A Dice Center Working Paper No. 2017-4, European Corporate Governance Institute (ECGI) - Finance Working Paper No. 510/2017
Number of pages: 63 Posted: 10 Feb 2017 Last Revised: 23 Jun 2017
Leonce Bargeron, Frederik P. Schlingemann, Chad J. Zutter and René M. Stulz
University of Kentucky - Gatton College of Business and Economics, University of Pittsburgh - Finance Group, University of Pittsburgh and Ohio State University (OSU) - Department of Finance
Downloads 211 (306,508)
Citation 4

Abstract:

Loading...

conflicts of interest, private equity acquisitions, CEO retention, acquisition premiums, and mergers

21.

Worldwide Short Selling Regulations and IPO Underpricing

Journal of Corporate Finance, Vol. 62, June, 2020.
Number of pages: 58 Posted: 08 Mar 2020 Last Revised: 21 Apr 2021
Thomas J. Boulton, Scott Smart and Chad J. Zutter
Miami University, Indiana University - Kelley School of Business - Department of Finance and University of Pittsburgh
Downloads 210 (307,853)
Citation 9

Abstract:

Loading...

information asymmetry, initial public offerings, international finance, short sale constraints, underpricing

22.

Underpricing, Stabilization, and Governance

Number of pages: 31 Posted: 25 Aug 2005
Chad J. Zutter and Scott Smart
University of Pittsburgh and Indiana University - Kelley School of Business - Department of Finance
Downloads 206 (313,537)

Abstract:

Loading...

Initial public offerings (IPO), Underpricing, Dual class, Ownership structure, Governance, Price stabilization, Mixed distribution, Censored distribution

23.

The Impact of Tightly Contested Governance Proposals on Firms' Narrative Disclosures: Evidence from a Regression-Discontinuity Design (RDD)

Number of pages: 63 Posted: 01 Jul 2020 Last Revised: 30 Nov 2021
Abhishek Ganguly, Arup Ganguly, Lin Ge and Chad J. Zutter
University of Oklahoma, University of Mississippi, University of Mississippi and University of Pittsburgh
Downloads 180 (354,958)

Abstract:

Loading...

Corporate governance, Textual Disclosure, Endogeneity, Regression Discontinuity Design (RDD), Computational Linguistics, Investor Distraction

24.

Do Target CEOS Sell Out Their Shareholders to Keep Their Job in a Merger?

NBER Working Paper No. w14724
Number of pages: 32 Posted: 17 Feb 2009 Last Revised: 27 Mar 2022
Leonce Bargeron, Frederik P. Schlingemann, René M. Stulz and Chad J. Zutter
University of Kentucky - Gatton College of Business and Economics, University of Pittsburgh - Finance Group, Ohio State University (OSU) - Department of Finance and University of Pittsburgh
Downloads 95 (586,731)

Abstract:

Loading...

25.

The Effect of Internet Penetration on Financial Markets: A Cross-Country Analysis of IPO Underpricing

Number of pages: 40 Posted: 02 Oct 2023
Thomas J. Boulton, Narayan Ramasubbu, Scott Smart and Chad J. Zutter
Miami University, University of Pittsburgh - Katz Graduate School of Business, Indiana University - Kelley School of Business - Department of Finance and University of Pittsburgh
Downloads 67 (718,013)

Abstract:

Loading...

Internet penetration, information asymmetry, initial public offerings, underpricing, emerging technology industries, entrepreneurship.

26.

Dual Class IPOs are Underpriced Less Severely

The Financial Review, Vol. 43, No. 1, December 2007
Posted: 03 Dec 2007
Chad J. Zutter and Scott Smart
University of Pittsburgh and Indiana University - Kelley School of Business - Department of Finance

Abstract:

Loading...

Dual class, initial public offerings (IPOs), price stabilization, censored distribution, mixed distributions