Author Page for Alexander W. Butler

University of Richmond - E. Claiborne Robins School of Business, Rice University - Jesse H. Jones Graduate School of Business, University of Otago - Department of Accountancy and Finance and Claremont Colleges - Peter F. Drucker Graduate School of Management

Downloads 1,875 (17,421)

Citation 7

Abstract:

Impact: What Influences Finance Research?

Posted: 22 Aug 2003

Tom Arnold, Alexander W. Butler, Timothy Falcon Crack and Ayca Altintig

University of Richmond - E. Claiborne Robins School of Business, Rice University - Jesse H. Jones Graduate School of Business, University of Otago - Department of Accountancy and Finance and Claremont Colleges - Peter F. Drucker Graduate School of Management

Abstract:

5.

Racial Disparities in the Auto Loan Market

Number of pages: 76 Posted: 02 Jan 2019 Last Revised: 10 May 2022

Alexander W. Butler, Erik J. Mayer and James Weston

Rice University - Jesse H. Jones Graduate School of Business, University of Wisconsin-Madison, Finance Department and Rice University - Jesse H. Jones Graduate School of Business

Downloads 1,469 (25,779)

Citation 7

Abstract:

6.

The Academic Job Market in Finance: A Rookie's Guide - 2006 Supplement

Number of pages: 6 Posted: 27 Jul 2006

Alexander W. Butler and Timothy Falcon Crack

Rice University - Jesse H. Jones Graduate School of Business and University of Otago - Department of Accountancy and Finance

Downloads 1,400 (27,634)

Citation 2

Abstract:

7.

Stock Market Liquidity and the Cost of Raising Capital

Number of pages: 37 Posted: 16 Dec 2002

James Weston, Gustavo Grullon and Alexander W. Butler

Rice University - Jesse H. Jones Graduate School of Business, Rice University - Jesse H. Jones Graduate School of Business and Rice University - Jesse H. Jones Graduate School of Business

Downloads 1,331 (29,818)

Citation 3

Abstract:

8.

Corruption, Political Connections, and Municipal Finance

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Citation 83

2

Corruption, Political Connections, and Municipal Finance

AFA 2008 New Orleans Meetings Paper

Number of pages: 48 Posted: 22 Mar 2007 Last Revised: 29 Aug 2008

Alexander W. Butler, Larry Fauver and Sandra Mortal

Rice University - Jesse H. Jones Graduate School of Business, University of Tennessee, Knoxville - Department of Finance and University of Alabama - Culverhouse College of Commerce & Business Administration

Downloads 990 (44,893)

Citation 83

Abstract:

Corruption, Political Connections, and Municipal Finance

The Review of Financial Studies, Vol. 22, Issue 7, pp. 2673-2705, 2009

Posted: 22 Jun 2009

Alexander W. Butler, Larry Fauver and Sandra Mortal

Rice University - Jesse H. Jones Graduate School of Business, University of Tennessee, Knoxville - Department of Finance and University of Alabama - Culverhouse College of Commerce & Business Administration

Abstract:

9.

Does Access to External Finance Improve Productivity? Evidence from a Natural Experiment

Journal of Financial Economics (JFE), Vol. 99, No. 1, 2011

Number of pages: 53 Posted: 17 Jan 2008 Last Revised: 23 Sep 2014

Alexander W. Butler and Jess Cornaggia

Rice University - Jesse H. Jones Graduate School of Business and Pennsylvania State University - Department of Finance

Downloads 971 (46,879)

Citation 13

Abstract:

10.

Don't Believe the Hype: Local Media Slant, Local Advertising, and Firm Value

Journal of Finance, Forthcoming, AFA 2010 Atlanta Meetings Paper

Number of pages: 48 Posted: 29 Jan 2009 Last Revised: 10 Jun 2011

Umit G. Gurun and Alexander W. Butler

University of Texas at Dallas and Rice University - Jesse H. Jones Graduate School of Business

Downloads 946 (48,591)

Citation 107

Abstract:

11.

Distance Still Matters: Evidence from Municipal Bond Underwriting

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Citation 76

2

Distance Still Matters: Evidence from Municipal Bond Underwriting

Number of pages: 37 Posted: 06 Nov 2002

Alexander W. Butler

Rice University - Jesse H. Jones Graduate School of Business

Downloads 849 (55,550)

Citation 76

Abstract:

Distance Still Matters: Evidence from Municipal Bond Underwriting

The Review of Financial Studies, Vol. 21, Issue 2, pp. 763-784, 2008

Posted: 26 Jun 2008

Alexander W. Butler

Rice University - Jesse H. Jones Graduate School of Business

Abstract:

12.

IPO Spreads: You Get What You Pay for

Number of pages: 20 Posted: 13 Jul 2000

Royce de Rohan Barondes, Alexander W. Butler and Gary C. Sanger

University of Missouri-Columbia School of Law, Rice University - Jesse H. Jones Graduate School of Business and Louisiana State University, Baton Rouge - E.J. Ourso College of Business Administration

Downloads 803 (60,797)

Citation 6

Abstract:

13.

Investment Bank Compensation and IPO Pricing

Number of pages: 38 Posted: 15 Jan 2006

Alexander W. Butler and Hong Wan

Rice University - Jesse H. Jones Graduate School of Business and State University of New York at Oswego

Downloads 788 (62,390)

Abstract:

14.

Robust Determinants of IPO Underpricing and Their Implications for IPO Research

Number of pages: 49 Posted: 17 Mar 2009 Last Revised: 13 May 2016

Alexander W. Butler, Michael O'Connor Keefe and Robert L. Kieschnick

Rice University - Jesse H. Jones Graduate School of Business, Victoria University of Wellington - Te Herenga Waka and University of Texas at Dallas

Downloads 786 (62,605)

Citation 16

Abstract:

15.

The Information Content of Short Interest: A Natural Experiment

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Citation 15

2

The Information Content of Short Interest: A Natural Experiment

Number of pages: 43 Posted: 08 Feb 2002

Tom Arnold, Alexander W. Butler, Timothy Falcon Crack and Yan Zhang

University of Richmond - E. Claiborne Robins School of Business, Rice University - Jesse H. Jones Graduate School of Business, University of Otago - Department of Accountancy and Finance and State University of New York at Binghamton - School of Management

Downloads 775 (62,781)

Citation 15

Abstract:

The Information Content of Short Interest: A Natural Experiment

Posted: 19 Jan 2004

Tom Arnold, Alexander W. Butler, Timothy Falcon Crack and Yan Zhang

University of Richmond - E. Claiborne Robins School of Business, Rice University - Jesse H. Jones Graduate School of Business, University of Otago - Department of Accountancy and Finance and State University of New York at Binghamton - School of Management

Abstract:

16.

Institutional Environment and Sovereign Credit Ratings

Downloads 753 (66,198)

Citation 33

2

Institutional Environment and Sovereign Credit Ratings

Number of pages: 40 Posted: 05 Feb 2005

Alexander W. Butler and Larry Fauver

Rice University - Jesse H. Jones Graduate School of Business and University of Tennessee, Knoxville - Department of Finance

Downloads 474 (116,885)

Abstract:

Institutional Environment and Sovereign Credit Ratings

Financial Management, Vol. 35, No. 3, Autumn 2006

Number of pages: 28 Posted: 19 Oct 2006

Alexander W. Butler and Larry Fauver

Rice University - Jesse H. Jones Graduate School of Business and University of Tennessee, Knoxville - Department of Finance

Downloads 279 (210,957)

Citation 4

Abstract:

17.

A Rookie’s Guide to the Academic Job Market in Finance: The Labor Market for Lemons

Number of pages: 37 Posted: 11 Aug 2019 Last Revised: 11 Aug 2022

Alexander W. Butler and Timothy Falcon Crack

Rice University - Jesse H. Jones Graduate School of Business and University of Otago - Department of Accountancy and Finance

Downloads 741 (67,614)

Citation 1

Abstract:

18.

Aging and Public Financing Costs: Evidence from U.S. Municipal Bond Markets

Journal of Public Economics, Vol. 211, 2022

Number of pages: 73 Posted: 20 Dec 2018 Last Revised: 10 May 2022

Alexander W. Butler and Hanyi (Livia) Yi

Rice University - Jesse H. Jones Graduate School of Business and Boston College - Carroll School of Management

Downloads 706 (71,986)

Citation 19

Abstract:

19.

Does Stock Market Liquidity Matter? Evidence from Seasoned Equity Offerings

Number of pages: 37 Posted: 29 Nov 2003

Alexander W. Butler, Gustavo Grullon and James Weston

Rice University - Jesse H. Jones Graduate School of Business, Rice University - Jesse H. Jones Graduate School of Business and Rice University - Jesse H. Jones Graduate School of Business

Downloads 696 (73,307)

Citation 8

Abstract:

20.

Corruption and Municipal Finance

Number of pages: 40 Posted: 16 Aug 2004 Last Revised: 26 Aug 2008

Alexander W. Butler

Rice University - Jesse H. Jones Graduate School of Business

Downloads 580 (92,278)

Citation 1

Abstract:

21.

Can Managers Forecast Aggregate Market Returns?

Number of pages: 29 Posted: 26 May 2003

Alexander W. Butler, Gustavo Grullon and James Weston

Rice University - Jesse H. Jones Graduate School of Business, Rice University - Jesse H. Jones Graduate School of Business and Rice University - Jesse H. Jones Graduate School of Business

Downloads 569 (94,520)

Citation 29

Abstract:

22.

Financial Integration and Credit Democratization: Linking Banking Deregulation to Economic Growth

Number of pages: 65 Posted: 02 Sep 2012 Last Revised: 13 Jan 2020

Elizabeth Berger, Alexander W. Butler, Edwin Hu and Morad Zekhnini

University of Houston, Rice University - Jesse H. Jones Graduate School of Business, University of Virginia - School of Law and Michigan State University - The Eli Broad College of Business and The Eli Broad Graduate School of Management

Downloads 565 (95,362)

Citation 2

Abstract:

23.

Corporate Financing Decisions, Managerial Market Timing, and Real Investment

Journal of Financial Economics (JFE), Vol. 101, No. 3, 2011

Number of pages: 52 Posted: 30 Mar 2009 Last Revised: 23 Sep 2014

Alexander W. Butler, Jess Cornaggia, Gustavo Grullon and James Weston

Rice University - Jesse H. Jones Graduate School of Business, Pennsylvania State University - Department of Finance, Rice University - Jesse H. Jones Graduate School of Business and Rice University - Jesse H. Jones Graduate School of Business

Downloads 543 (100,289)

Citation 13

Abstract:

24.

Local Economic Spillover Effects of Stock Market Listings

Number of pages: 85 Posted: 27 Nov 2015 Last Revised: 07 Dec 2018

Alexander W. Butler, Larry Fauver and Ioannis Spyridopoulos

Rice University - Jesse H. Jones Graduate School of Business, University of Tennessee, Knoxville - Department of Finance and American University, Kogod School of Business

Downloads 531 (103,049)

Citation 6

Abstract:

25.

Stock Market Liquidity and the Long-Run Stock Performance of Debt Issuers

Number of pages: 37 Posted: 16 Jul 2006

Alexander W. Butler and Hong Wan

Rice University - Jesse H. Jones Graduate School of Business and State University of New York at Oswego

Downloads 483 (115,568)

Citation 7

Abstract:

26.

Can Managers Successfully Time the Maturity Structure of Their Debt Issues?

Downloads 460 (122,480)

2

Can Managers Successfully Time the Maturity Structure of Their Debt Issues?

Number of pages: 37 Posted: 27 Jul 2004

Alexander W. Butler, Gustavo Grullon and James Weston

Rice University - Jesse H. Jones Graduate School of Business, Rice University - Jesse H. Jones Graduate School of Business and Rice University - Jesse H. Jones Graduate School of Business

Downloads 460 (121,124)

Citation 27

Abstract:

Can Managers Successfully Time the Maturity Structure of their Debt Issues?

Journal of Finance, Forthcoming

Posted: 23 Mar 2006

Gustavo Grullon, Alexander W. Butler and James Weston

Rice University - Jesse H. Jones Graduate School of Business, Rice University - Jesse H. Jones Graduate School of Business and Rice University - Jesse H. Jones Graduate School of Business

Abstract:

27.

Maturity Clienteles and Corporate Bond Maturities

Number of pages: 73 Posted: 23 Jan 2019 Last Revised: 30 Sep 2021

Alexander W. Butler, Xiang Gao and Cihan Uzmanoglu

Rice University - Jesse H. Jones Graduate School of Business, Loyola University of Chicago and Binghamton University, The State University of New York

Downloads 445 (127,345)

Citation 3

Abstract:

28.

Do Local Capital Market Conditions Affect Consumers' Borrowing Decisions?

Management Science, Forthcoming

Number of pages: 33 Posted: 29 Jul 2010 Last Revised: 15 Sep 2020

Alexander W. Butler, Jess Cornaggia and Umit G. Gurun

Rice University - Jesse H. Jones Graduate School of Business, Pennsylvania State University - Department of Finance and University of Texas at Dallas

Downloads 430 (132,561)

Citation 19

Abstract:

29.

Are They Still Called Late? The Effect of Notice Period on Calls of Convertible Bonds

Downloads 420 (136,256)

2

Are They Still Called Late? The Effect of Notice Period on Calls of Convertible Bonds

Number of pages: 24 Posted: 07 May 2003

Alexander W. Butler and Ayca Altintig

Rice University - Jesse H. Jones Graduate School of Business and Claremont Colleges - Peter F. Drucker Graduate School of Management

Downloads 420 (134,900)

Citation 5

Abstract:

Are They Still Called Late? The Effect of Notice Period on Calls of Convertible Bonds

Posted: 19 Jan 2004

Alexander W. Butler and Ayca Altintig

Rice University - Jesse H. Jones Graduate School of Business and Claremont Colleges - Peter F. Drucker Graduate School of Management

Abstract:

30.

Educational Networks, Mutual Fund Voting Patterns, and CEO Compensation

Number of pages: 50 Posted: 03 Aug 2008 Last Revised: 17 Jan 2012

Alexander W. Butler and Umit G. Gurun

Rice University - Jesse H. Jones Graduate School of Business and University of Texas at Dallas

Downloads 399 (144,551)

Citation 26

Abstract:

31.

Public Versus Private Debt: Confidentiality, Control, and Product Markets

Number of pages: 31 Posted: 27 Apr 2002

Alexander W. Butler and Mitchell Berlin

Rice University - Jesse H. Jones Graduate School of Business and Federal Reserve Bank of Philadelphia - Research Department

Downloads 395 (146,199)

Abstract:

32.

Credit Where Credit Is Due: Drivers of Subprime Credit

Number of pages: 45 Posted: 21 Jun 2017 Last Revised: 01 Jul 2018

Elizabeth Berger, Alexander W. Butler and Erik J. Mayer

University of Houston, Rice University - Jesse H. Jones Graduate School of Business and University of Wisconsin-Madison, Finance Department

Downloads 375 (155,012)

Citation 1

Abstract:

33.

Financial Innovation and Financial Intermediation: Evidence from Credit Default Swaps

Number of pages: 67 Posted: 14 Jan 2019 Last Revised: 08 Nov 2019

Alexander W. Butler, Xiang Gao and Cihan Uzmanoglu

Rice University - Jesse H. Jones Graduate School of Business, Loyola University of Chicago and Binghamton University, The State University of New York

Downloads 366 (159,197)

Citation 3

Abstract:

34.

On the Role of Inexperienced Venture Capitalists in Taking Companies Public

Number of pages: 51 Posted: 20 Sep 2007 Last Revised: 22 Jun 2013

Alexander W. Butler and M. Sinan Goktan

Rice University - Jesse H. Jones Graduate School of Business and California State University, East Bay

Downloads 334 (175,748)

Citation 3

Abstract:

35.

On the Uniformity of Investment Banking Spreads: The Seven Percent Solution is Not Unique

Number of pages: 15 Posted: 26 Jul 2002

Pinghsun Huang and Alexander W. Butler

National Cheng Kung University and Rice University - Jesse H. Jones Graduate School of Business

Downloads 332 (176,925)

Abstract:

36.

A Note on Nonsense Predictive Regressions Arising from Structural Breaks

Number of pages: 9 Posted: 03 Aug 2006

Alexander W. Butler, Gustavo Grullon and James Weston

Rice University - Jesse H. Jones Graduate School of Business, Rice University - Jesse H. Jones Graduate School of Business and Rice University - Jesse H. Jones Graduate School of Business

Downloads 326 (180,393)

Citation 9

Abstract:

37.

Are two-way fixed-effect difference-in-differences estimates blowing smoke? A cautionary tale from state-level bank branching deregulation

Number of pages: 41 Posted: 06 Jul 2021 Last Revised: 06 Dec 2021

Anthony Zdrojewski and Alexander W. Butler

Rice University and Rice University - Jesse H. Jones Graduate School of Business

Downloads 271 (218,782)

Abstract:

38.

Collateral and Competition

FRB of Philadelphia Working Paper No. 02-22

Number of pages: 41 Posted: 20 May 2003

Alexander W. Butler and Mitchell Berlin

Rice University - Jesse H. Jones Graduate School of Business and Federal Reserve Bank of Philadelphia - Research Department

Downloads 244 (242,625)

Citation 2

Abstract:

39.

Financial Breakups: Till Debt Do Us Part

Number of pages: 45 Posted: 05 Jul 2023 Last Revised: 28 Feb 2024

Alexander W. Butler, Ioannis Spyridopoulos, Yessenia Tellez and Billy Xu

Rice University - Jesse H. Jones Graduate School of Business, American University, Kogod School of Business, Virginia Tech and University of Rochester - Simon Business School

Downloads 220 (267,982)

Abstract:

40.

Equity Issues and Returns: Managerial Timing, Reaction, or Both?

Number of pages: 36 Posted: 11 Dec 2008 Last Revised: 04 Mar 2009

Alexander W. Butler, Jess Cornaggia, Gustavo Grullon and James Weston

Rice University - Jesse H. Jones Graduate School of Business, Pennsylvania State University - Department of Finance, Rice University - Jesse H. Jones Graduate School of Business and Rice University - Jesse H. Jones Graduate School of Business

Downloads 198 (295,391)

Citation 1

Abstract:

41.

A Market-based Measure of Climate Risk for Cities

Number of pages: 60 Posted: 30 Oct 2023 Last Revised: 11 Oct 2024

Alexander W. Butler and Cihan Uzmanoglu

Rice University - Jesse H. Jones Graduate School of Business and Binghamton University, The State University of New York

Downloads 194 (300,983)

Abstract:

42.

In Good Times or in Bad? Market Conditions, Fundamentals, and the Equity Issuance Decision

Number of pages: 47 Posted: 11 Sep 2008 Last Revised: 08 Sep 2010

Alexander W. Butler and Jay Y. Li

Rice University - Jesse H. Jones Graduate School of Business and University of North Carolina at Greensboro

Downloads 188 (309,584)

Abstract:

43.

The Worst of Both Worlds: Megamergers are Anticompetitive and Inefficient

SMU Cox School of Business Research Paper No. 19-9

Number of pages: 51 Posted: 15 Jul 2019 Last Revised: 04 Sep 2019

Alexander W. Butler, Gustavo Grullon and Gabriele Lattanzio

Rice University - Jesse H. Jones Graduate School of Business, Rice University - Jesse H. Jones Graduate School of Business and The University of Melbourne, Faculty of Business and Economics, Department of Economics

Downloads 170 (338,630)

Abstract:

44.

The Value of Social Status

NBER Working Paper No. w27979

Number of pages: 16 Posted: 27 Oct 2020 Last Revised: 14 Jun 2023

Alexander W. Butler, Bruce Carlin, Alan D. Crane, James Weston and Boyang Liu

Rice University - Jesse H. Jones Graduate School of Business, Rice University, Rice University - Jesse H. Jones Graduate School of Business, Rice University - Jesse H. Jones Graduate School of Business and Novartis Corporation

Downloads 37 (832,447)

Abstract:

45.

Revisiting Optimal Call Policy for Convertibles

Posted: 08 Mar 2002

Alexander W. Butler

Rice University - Jesse H. Jones Graduate School of Business

Alexander W. Butler

Rice University - Jesse H. Jones Graduate School of Business

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Scholarly Papers (45)

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