Jay C. Hartzell

University of Texas at Austin - Department of Finance

1 University Station B6600

Austin, TX 78712

United States

http://www.mccombs.utexas.edu/faculty/jay.hartzell/

SCHOLARLY PAPERS

25

DOWNLOADS
Rank 1,337

SSRN RANKINGS

Top 1,337

in Total Papers Downloads

16,967

CITATIONS
Rank 574

SSRN RANKINGS

Top 574

in Total Papers Citations

853

Scholarly Papers (25)

1.

Explaining Corporate Governance: Boards, Bylaws, and Charter Provisions

Weinberg Center for Corporate Governance Working Paper No. 2003-03
Number of pages: 49 Posted: 14 Oct 2003
Stuart Gillan, Jay C. Hartzell and Laura T. Starks
University of Georgia - Department of Finance, University of Texas at Austin - Department of Finance and University of Texas at Austin - Department of Finance
Downloads 2,133 (4,007)
Citation 72

Abstract:

Corporate Governance, Endogeneity, Board of Directors, Charter Provisions

2.

Institutional Investors and Executive Compensation

AFA 2003 Washington, DC Meetings
Number of pages: 36 Posted: 06 Sep 2000
Jay C. Hartzell and Laura T. Starks
University of Texas at Austin - Department of Finance and University of Texas at Austin - Department of Finance
Downloads 2,125 (4,196)
Citation 281

Abstract:

Executive compensation, institutional investors, pay-for-performance, large shareholders, agency problems

3.
Downloads 1,473 ( 8,763)
Citation 79

Why Do Firms Hold So Much Cash? A Tax-Based Explanation

AFA 2006 Boston Meetings Paper
Number of pages: 44 Posted: 03 Feb 2005
Harvard Business School, University of Texas at Austin - Department of Finance, University of Texas at Austin - Department of Finance and University of Melbourne - Department of Finance
Downloads 1,392 (9,412)
Citation 79

Abstract:

Cash, Taxes, Repatriation

Why Do Firms Hold so Much Cash? A Tax-Based Explanation

NBER Working Paper No. w12649
Number of pages: 44 Posted: 20 Nov 2006
Harvard Business School, University of Texas at Austin - Department of Finance, University of Texas at Austin - Department of Finance and University of Melbourne - Department of Finance
Downloads 81 (244,751)
Citation 79

Abstract:

4.

The Impact of CEO Turnover on Firm Volatility

Number of pages: 40 Posted: 10 Jun 2000
University of Virginia - McIntire School of Commerce, University of Texas at Austin - Department of Finance and Federal Reserve Bank of New York
Downloads 1,028 (14,668)
Citation 37

Abstract:

Turnover, Volatility, CEO

The Role of Corporate Governance in Initial Public Offerings: Evidence from Real Estate Investment Trusts

Number of pages: 41 Posted: 24 Nov 2002
Jay C. Hartzell, Crocker H. Liu and Jarl G. Kallberg
University of Texas at Austin - Department of Finance, Arizona State University and New York University (NYU) - Department of Finance
Downloads 960 (16,927)
Citation 15

Abstract:

IPO, Corporate Governance, REITs, Compensation

The Role of Corporate Governance in Initial Public Offerings: Evidence from Real Estate Investment Trusts

Journal of Law and Economics, Vol. 51, No. 3, 2008
Posted: 20 Oct 2008
Jay C. Hartzell, Jarl G. Kallberg and Crocker H. Liu
University of Texas at Austin - Department of Finance, New York University (NYU) - Department of Finance and Arizona State University

Abstract:

IPO, Corporate Governance, REIT, Incentive

Active Institutional Shareholders and Costs of Monitoring: Evidence from Executive Compensation

Number of pages: 49 Posted: 13 Feb 2004
Andres Almazan, Jay C. Hartzell and Laura T. Starks
University of Texas at Austin - Department of Finance, University of Texas at Austin - Department of Finance and University of Texas at Austin - Department of Finance
Downloads 911 (18,315)
Citation 63

Abstract:

Active institutional investors, Executive compensation, Agency, Monitoring

Active Institutional Shareholders and Costs of Monitoring: Evidence from Executive Compensation

Financial Management, Vol. 34, No. 4, Winter 2005
Number of pages: 30 Posted: 13 Dec 2005
Andres Almazan, Jay C. Hartzell and Laura T. Starks
University of Texas at Austin - Department of Finance, University of Texas at Austin - Department of Finance and University of Texas at Austin - Department of Finance
Downloads 13 (479,677)
Citation 63

Abstract:

7.

The Effect of Corporate Governance on Investment: Evidence from Real Estate Investment Trusts (REITs)

Number of pages: 43 Posted: 15 Mar 2004
Jay C. Hartzell, Libo Sun and Sheridan Titman
University of Texas at Austin - Department of Finance, California State Polytechnic University, Pomona - Finance, Real Estate and Law Department and University of Texas at Austin - Department of Finance
Downloads 918 (14,792)
Citation 22

Abstract:

Governance, investment, REITs, institutional investors

8.

Tradeoffs in Corporate Governance: Evidence from Board Structures and Charter Provisions

Number of pages: 48 Posted: 19 Jul 2006
Stuart Gillan, Jay C. Hartzell and Laura T. Starks
University of Georgia - Department of Finance, University of Texas at Austin - Department of Finance and University of Texas at Austin - Department of Finance
Downloads 860 (18,932)
Citation 34

Abstract:

Corporate Governance, Charter Provisions, Boards of Directors

The Impact of CEO Turnover on Equity Volatility

FRB of NY Staff Report No. 166
Number of pages: 40 Posted: 27 Mar 2006
Federal Reserve Bank of New York, University of Virginia - McIntire School of Commerce and University of Texas at Austin - Department of Finance
Downloads 387 (58,453)
Citation 36

Abstract:

CEO turnover, volatility, event study

The Impact of CEO Turnover on Equity Volatility

NYU Working Paper No. FIN-00-014
Number of pages: 44 Posted: 03 Nov 2008
University of Virginia - McIntire School of Commerce, University of Texas at Austin - Department of Finance and Federal Reserve Bank of New York
Downloads 233 (103,257)
Citation 36

Abstract:

The Impact of CEO Turnover on Equity Volatility

Journal of Business, Forthcoming
Posted: 29 Jun 2004
University of Virginia - McIntire School of Commerce, University of Texas at Austin - Department of Finance and Federal Reserve Bank of New York

Abstract:

CEO Turnover, Volatility

10.

What's in it for Me? Personal Benefits Obtained by CEOS Whose Firms are Acquired

Presented at Tuck-JFE Contemporary Corporate Governance Conference
Number of pages: 32 Posted: 24 Jul 2000
Jay C. Hartzell, Eli Ofek and David Yermack
University of Texas at Austin - Department of Finance, New York University (NYU) - Department of Finance and New York University (NYU) - Stern School of Business
Downloads 817 (21,144)
Citation 24

Abstract:

Takeovers, acquisitions

11.

Explicit vs. Implicit Contracts: Evidence from CEO Employment Agreements

AFA 2006 Boston Meetings
Number of pages: 40 Posted: 03 Jun 2005 Last Revised: 26 Jul 2008
Stuart Gillan, Jay C. Hartzell and Robert Parrino
University of Georgia - Department of Finance, University of Texas at Austin - Department of Finance and University of Texas at Austin - Department of Finance
Downloads 729 (24,536)
Citation 26

Abstract:

Contracting, CEOs, corporate governance

Is a Higher Calling Enough? Incentive Compensation in the Church

Journal of Labor Economics, Forthcoming
Number of pages: 40 Posted: 19 Nov 2008 Last Revised: 28 Feb 2010
Jay C. Hartzell, Christopher A. Parsons and David Yermack
University of Texas at Austin - Department of Finance, University of California, San Diego (UCSD) - Rady School of Management and New York University (NYU) - Stern School of Business
Downloads 505 (41,696)
Citation 1

Abstract:

Compensation, Incentives, Churches, Religion

Is a Higher Calling Enough? Incentive Compensation in the Church

Journal of Labor Economics, Forthcoming, NYU Working Paper No. FIN-08-015
Number of pages: 40 Posted: 09 Mar 2009 Last Revised: 28 Feb 2010
David Yermack, Jay C. Hartzell and Christopher A. Parsons
New York University (NYU) - Stern School of Business, University of Texas at Austin - Department of Finance and University of California, San Diego (UCSD) - Rady School of Management
Downloads 135 (169,881)
Citation 1

Abstract:

13.

Alternative Benchmarks for Evaluating REIT Mutual Fund Performance

Number of pages: 40 Posted: 01 Nov 2007 Last Revised: 07 Oct 2008
Jay C. Hartzell, Tobias Muhlhofer and Sheridan Titman
University of Texas at Austin - Department of Finance, University of Miami - Department of Finance and University of Texas at Austin - Department of Finance
Downloads 621 (30,152)
Citation 7

Abstract:

REITs, Mutual Funds, Performance Evaluation

14.

Is There a Disposition Effect in Corporate Investment Decisions? Evidence from Real Estate Investment Trusts

Number of pages: 44 Posted: 20 Nov 2007 Last Revised: 28 Sep 2010
Alan D. Crane and Jay C. Hartzell
Rice University - Jesse H. Jones Graduate School of Business and University of Texas at Austin - Department of Finance
Downloads 484 (38,028)
Citation 7

Abstract:

Disposition effect, Behavioral corporate finance, REITs

15.

On Enhancing Shareholder Control: A (Dodd-) Frank Assessment of Proxy Access

Number of pages: 57 Posted: 18 Jan 2011 Last Revised: 22 Oct 2013
Jonathan B. Cohn, Stuart Gillan and Jay C. Hartzell
University of Texas at Austin, University of Georgia - Department of Finance and University of Texas at Austin - Department of Finance
Downloads 439 (38,028)
Citation 4

Abstract:

Corporate Governance, Activist Shareholders, Proxy Access

16.

The Role of the Underlying Real Asset Market in REIT IPOs

Number of pages: 32 Posted: 20 Apr 2004
Jay C. Hartzell, Crocker H. Liu and Jarl G. Kallberg
University of Texas at Austin - Department of Finance, Arizona State University and New York University (NYU) - Department of Finance
Downloads 399 (55,228)
Citation 9

Abstract:

IPOs, REITs

17.

Getting the Incentives Right: Backfilling and Biases in Executive Compensation Data

Number of pages: 46 Posted: 09 Apr 2013 Last Revised: 12 May 2014
Stuart Gillan, Jay C. Hartzell, Andrew Koch and Laura T. Starks
University of Georgia - Department of Finance, University of Texas at Austin - Department of Finance, University of Pittsburgh - Finance Group and University of Texas at Austin - Department of Finance
Downloads 202 (97,235)

Abstract:

executive compensation

Incentive Compensation and the Likelihood of Termination: Theory and Evidence from Real Estate Organizations

Number of pages: 51 Posted: 19 Apr 2008 Last Revised: 08 Feb 2010
Greg Hallman, Jay C. Hartzell and Christopher A. Parsons
University of Texas at Austin - Department of Finance, University of Texas at Austin - Department of Finance and University of California, San Diego (UCSD) - Rady School of Management
Downloads 169 (140,185)
Citation 1

Abstract:

Executive Compensation, Agency Costs, Corporate Governance, REITs, RELPs

Incentive Compensation and the Likelihood of Termination: Theory and Evidence from Real Estate Organizations

Real Estate Economics, Vol. 39, Issue 3, pp. 507-546, 2011
Number of pages: 40 Posted: 17 Aug 2011
Greg Hallman, Jay C. Hartzell and Christopher A. Parsons
University of Texas at Austin - Department of Finance, University of Texas at Austin - Department of Finance and University of California, San Diego (UCSD) - Rady School of Management
Downloads 3 (533,349)
Citation 1

Abstract:

Incentive Compensation and the Likelihood of Termination: Theory and Evidence from Real Estate Organizations

Real Estate Economics, Forthcoming
Posted: 31 Aug 2010 Last Revised: 15 Sep 2011
Greg Hallman, Jay C. Hartzell and Christopher A. Parsons
University of Texas at Austin - Department of Finance, University of Texas at Austin - Department of Finance and University of California, San Diego (UCSD) - Rady School of Management

Abstract:

Agency, Governance, Compensation, REITs, RELPs

19.

Institutional Investors as Monitors of Corporate Diversification Decisions: Evidence from Real Estate Investment Trusts

Number of pages: 36 Posted: 10 Oct 2011 Last Revised: 10 Aug 2012
Jay C. Hartzell, Libo Sun and Sheridan Titman
University of Texas at Austin - Department of Finance, California State Polytechnic University, Pomona - Finance, Real Estate and Law Department and University of Texas at Austin - Department of Finance
Downloads 164 (130,404)

Abstract:

Diversification, Corporate Governance, Institutional Investors, REITs

20.

The Impact of the Likelihood of Turnover on Executive Compensation

NYU Working Paper No. FIN-98-090
Number of pages: 53 Posted: 11 Nov 2008
Jay C. Hartzell
University of Texas at Austin - Department of Finance
Downloads 111 (182,183)
Citation 11

Abstract:

Compensation, Executive turnover, Agency problems, Optimal contracts

21.

What S in it for Me? Ceos Whose Firms are Acquired

NYU Working Paper No. FIN-01-049
Number of pages: 37 Posted: 03 Nov 2008
Jay C. Hartzell, Eli Ofek and David Yermack
University of Texas at Austin - Department of Finance, New York University (NYU) - Department of Finance and New York University (NYU) - Stern School of Business
Downloads 105 (194,178)
Citation 71

Abstract:

22.

Optimal Compensation Contracts with Pay-for-Performance and Termination Incentives

NYU Working Paper No. FIN-99-053
Number of pages: 50 Posted: 11 Nov 2008
Greg Hallman and Jay C. Hartzell
University of Texas at Austin - Department of Finance and University of Texas at Austin - Department of Finance
Downloads 84 (232,097)
Citation 1

Abstract:

23.

What S in it for Me? Personal Benefits Obtained by Ceos Whose Firms are Acquired

NYU Working Paper No. FIN-00-013
Number of pages: 33 Posted: 03 Nov 2008
Jay C. Hartzell, Eli Ofek and David Yermack
University of Texas at Austin - Department of Finance, New York University (NYU) - Department of Finance and New York University (NYU) - Stern School of Business
Downloads 29 (374,133)
Citation 13

Abstract:

24.

The Effect of Corporate Governance on Investment: Evidence from Real Estate Investment Trusts

Real Estate Economics, Vol. 34, No. 3, pp. 343-376, Fall 2006
Number of pages: 34 Posted: 20 Nov 2006
Jay C. Hartzell, Libo Sun and Sheridan Titman
University of Texas at Austin - Department of Finance, California State Polytechnic University, Pomona - Finance, Real Estate and Law Department and University of Texas at Austin - Department of Finance
Downloads 29 (382,271)
Citation 22

Abstract:

25.

Alternative Benchmarks for Evaluating Mutual Fund Performance

Real Estate Economics, Vol. 38, Issue 1, pp. 121-154, Spring 2010
Number of pages: 34 Posted: 22 Feb 2010
Jay C. Hartzell, Tobias Mühlhofer and Sheridan Titman
University of Texas at Austin - Department of Finance, affiliation not provided to SSRN and University of Texas at Austin - Department of Finance
Downloads 2 (513,945)
Citation 7

Abstract: