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Jakub Hajda

HEC Montreal - Department of Finance

3000 Chemin de la Cote-Sainte-Catherine

Montreal, Quebec H3T 2A7

Canada

  • HEC Montreal - Department of Finance

SCHOLARLY PAPERS

11

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5,266

TOTAL CITATIONS

20

Scholarly Papers (11)

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1.

Follow the Pipeline

Number of pages: 76 Posted: 17 Feb 2023 Last Revised: 17 Jul 2025
Suzanne Chang, Joseph Kalmenovitz, Alejandro Lopez-Lira and Jakub Hajda
Tulane University - A.B. Freeman School of Business, University of Rochester - Simon Business School, University of Florida - Department of Finance, Insurance and Real Estate and HEC Montreal - Department of Finance
Downloads 1,332 (37,510)
Citation 1

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machine learning, economics of regulation, rulemaking, anticipatory effects, uncertainty, capital investment

2.

Sustainable Organizations

European Corporate Governance Institute – Finance Working Paper No. 994/2024
Number of pages: 92 Posted: 21 Oct 2022 Last Revised: 21 Apr 2026
Thomas Geelen, Jakub Hajda and Jan Starmans
Pennsylvania State University - Smeal College of Business, HEC Montreal - Department of Finance and Stockholm School of Economics - Department of Finance
Downloads 741 (85,044)
Citation 2

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Sustainability, ESG, stakeholders, delegation of authority, control rights, corporate governance.

3.

Can Corporate Debt Foster Innovation and Growth?

Swiss Finance Institute Research Paper No. 19-79
Number of pages: 76 Posted: 13 Jul 2019 Last Revised: 17 Nov 2021
Thomas Geelen, Jakub Hajda and Erwan Morellec
Pennsylvania State University - Smeal College of Business, HEC Montreal - Department of Finance and Ecole Polytechnique Fédérale de Lausanne
Downloads 698 (91,885)
Citation 8

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debt, innovation, industry dynamics, growth

4.

Asset Life, Leverage, and Debt Maturity Matching

Journal of Financial Economics (JFE), Forthcoming, Swiss Finance Institute Research Paper No. 24-06
Number of pages: 80 Posted: 09 Feb 2022 Last Revised: 12 Feb 2024
Thomas Geelen, Jakub Hajda, Erwan Morellec and Adam Winegar
Pennsylvania State University - Smeal College of Business, HEC Montreal - Department of Finance, Ecole Polytechnique Fédérale de Lausanne and BI Norwegian Business School
Downloads 565 (120,838)

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capital age, asset life, maturity matching, debt cycles, maturity cycles

5.

Product Market Strategy and Corporate Policies

Swiss Finance Institute Research Paper No. 21-02
Number of pages: 115 Posted: 12 Jul 2019 Last Revised: 13 Jan 2023
Jakub Hajda and Boris Nikolov
HEC Montreal - Department of Finance and University of Lausanne
Downloads 557 (123,051)
Citation 8

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Product market strategy, product life cycle, investment, capital structure, structural estimation

6.

Escaping Pay-for-Performance

European Corporate Governance Institute – Finance Working Paper No. 1055/2025
Number of pages: 80 Posted: 15 Apr 2024 Last Revised: 27 Mar 2026
Jason (Pang-Li) Chen, Jakub Hajda and Joseph Kalmenovitz
Harbert College of Business, Auburn University, HEC Montreal - Department of Finance and University of Rochester - Simon Business School
Downloads 416 (175,046)
Citation 1

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revolving door, executive pay, regulatory burden, compensation incentives

7.

Lending to Keep the Lights On: Mortgages and Corporate Credit

Number of pages: 70 Posted: 19 Nov 2024 Last Revised: 29 Apr 2026
Jakub Hajda, Luca X. Lin, Xinyan Yan and Tim Zhang
HEC Montreal - Department of Finance, University at Buffalo (SUNY) - School of Management, University of South Florida - Department of Finance and University of Texas at San Antonio - Alvarez College of Business
Downloads 310 (243,428)

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Bank lending, syndicated loans, mortgage exposure, externalities

8.

Contagious Deregulation

Number of pages: 74 Posted: 09 Jan 2025 Last Revised: 01 May 2026
Jakub Hajda, Joseph Kalmenovitz and Billy Xu
HEC Montreal - Department of Finance, University of Rochester - Simon Business School and University of Rochester - Simon Business School
Downloads 308 (245,173)

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Economics of regulation, federal grants, nonprofit finance, auditor incentives

9.

Succession

Number of pages: 59 Posted: 27 Oct 2023 Last Revised: 06 May 2026
Thomas Geelen and Jakub Hajda
Pennsylvania State University - Smeal College of Business and HEC Montreal - Department of Finance
Downloads 189 (401,336)

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Succession, CEO labor markets, CEO turnover, managerial entrenchment, Sabotage

10.

Old Workers, New Capital

Number of pages: 58 Posted: 16 Oct 2025 Last Revised: 18 Nov 2025
Philippe d'Astous, Thomas Geelen and Jakub Hajda
HEC Montreal - Department of Finance, Pennsylvania State University - Smeal College of Business and HEC Montreal - Department of Finance
Downloads 150 (494,203)

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Corporate Investment, Workforce Aging, Labor Heterogeneity

11.

Fundamental Risk and Capital Structure

Swiss Finance Institute Research Paper No. 17-50
Posted: 28 Nov 2017 Last Revised: 01 Jul 2020
Jakub Hajda
HEC Montreal - Department of Finance

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dynamic capital structure, fundamental risk, transitory and persistent shocks, leverage-risk trade-off