Edward M. Watts

Yale School of Management

Assistant Professor

165 Whitney Ave

New Haven, CT 06511

SCHOLARLY PAPERS

12

DOWNLOADS
Rank 6,685

SSRN RANKINGS

Top 6,685

in Total Papers Downloads

9,407

SSRN CITATIONS
Rank 27,827

SSRN RANKINGS

Top 27,827

in Total Papers Citations

25

CROSSREF CITATIONS

7

Scholarly Papers (12)

1.

Where's the Greenium?

Rock Center for Corporate Governance at Stanford University Working Paper No. 239, Stanford University Graduate School of Business Research Paper No. 19-14, Journal of Accounting and Economics, Volume 69, Issues 2–3, April–May 2020, 101312
Number of pages: 58 Posted: 13 Feb 2019 Last Revised: 17 Nov 2020
David F. Larcker and Edward M. Watts
Stanford University - Graduate School of Business and Yale School of Management
Downloads 2,663 (7,097)
Citation 26

Abstract:

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Environmental, Social and Governance (ESG), Socially Responsible Investing (SRI), Municipal Bonds, Green Bonds

2.

Seven Myths of ESG

Rock Center for Corporate Governance at Stanford University Working Paper Forthcoming
Number of pages: 15 Posted: 05 Nov 2021
David F. Larcker, Brian Tayan and Edward M. Watts
Stanford University - Graduate School of Business, Stanford University - Graduate School of Business and Yale School of Management
Downloads 1,244 (23,464)

Abstract:

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Corporate governance, ESG, environmental, social, governance, sustainability, socially responsible investing, corporate responsibility, sustainability, ESG ratings, ESG initiatives, ESG disclosure, board of directors, corporate governance research

3.

Sharing the Pain: How Did Boards Adjust CEO Pay in Response to COVID-19?

Rock Center for Corporate Governance at Stanford University Closer Look Series: Topics, Issues and Controversies in Corporate Governance No. CGRP-86
Number of pages: 22 Posted: 01 Sep 2020
Equilar, Equilar, Stanford University - Graduate School of Business, Stanford University - Graduate School of Business, Yale School of Management and Equilar
Downloads 957 (34,182)

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Corporate governance, CEO pay, compensation, director compensation, executive compensation, COVID, ESG, layoffs, furloughs, salary reductions, supplemental bonuses, downturn, annual bonus, LTIP, restricted stock, lost wealth, dividend suspension, reputation, boards of directors, corporate governance

4.

Tick Size Tolls: Can a Trading Slowdown Improve Earnings News Discovery?

Stanford University Graduate School of Business Research Paper No. 19-1, The Accounting Review, Forthcoming
Number of pages: 59 Posted: 11 Nov 2018 Last Revised: 07 Jul 2020
Charles M.C. Lee and Edward M. Watts
Foster School of Business, University of Washington and Yale School of Management
Downloads 777 (45,493)
Citation 6

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Earnings Announcements, Price Informativeness, Information Acquisition, Price Discovery, Market Efficiency, Tick Size Pilot, Algorithmic Trading

5.

Cashing It In: Private-Company Exchanges and Employee Stock Sales Prior to IPO

Rock Center for Corporate Governance at Stanford University Closer Look Series: Topics, Issues and Controversies in Corporate Governance No. CGRP-73, Stanford University Graduate School of Business Research Paper No. 18-45
Number of pages: 15 Posted: 12 Sep 2018 Last Revised: 24 May 2019
David F. Larcker, Brian Tayan and Edward M. Watts
Stanford University - Graduate School of Business, Stanford University - Graduate School of Business and Yale School of Management
Downloads 732 (49,295)
Citation 1

Abstract:

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Corporate governance, employee stock options, private company compensation, private company equity, pre-IPO compensation, pre-IPO discounts, equity compensation, private company exchanges, private company marketplaces, NASDAQ private market, Equidate, SharesPost, EquityZen, governance quality, compe

6.

Board Diversity and Shareholder Voting

Rock Center for Corporate Governance at Stanford University Working Paper No. 245, Stanford University Graduate School of Business Research Paper No. 3915, European Corporate Governance Institute – Finance Working Paper 716/2020
Number of pages: 59 Posted: 18 Nov 2020 Last Revised: 02 May 2022
Ian D. Gow, David F. Larcker and Edward M. Watts
University of Melbourne, Stanford University - Graduate School of Business and Yale School of Management
Downloads 682 (54,469)
Citation 1

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Board of directors; Diversity; Shareholder voting; Environmental, Social, and Governance (ESG)

7.

Stock-Option Financing in Pre-IPO Companies

Rock Center for Corporate Governance at Stanford University Working Paper Forthcoming
Number of pages: 9 Posted: 18 Aug 2021 Last Revised: 31 Aug 2021
David F. Larcker, Brian Tayan and Edward M. Watts
Stanford University - Graduate School of Business, Stanford University - Graduate School of Business and Yale School of Management
Downloads 667 (55,715)

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Corporate governance, stock options, ISOs, NSOs, stock option financing, nonrecourse lending, pre-IPO companies, private companies, startups, secondary markets, taxes, equity compensation, employees, executives, incentives, corporate governance research

8.

Disclosure Processing Costs and Market Feedback around the World

Chicago Booth Research Paper No. 21-05
Number of pages: 67 Posted: 25 Jan 2021 Last Revised: 26 Apr 2022
Charles McClure, Shawn Shi and Edward M. Watts
University of Chicago Booth School of Business, University of Washington - Michael G. Foster School of Business and Yale School of Management
Downloads 571 (68,073)
Citation 1

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Disclosure processing costs, Corporate investment, Financial technology, Managerial learning

9.

Retail Bond Investors and Credit Ratings

Number of pages: 58 Posted: 28 Jun 2021 Last Revised: 20 Dec 2021
Ed deHaan, Jiacui Li and Edward M. Watts
University of Washington - Michael G. Foster School of Business, David Eccles School of Business, University of Utah and Yale School of Management
Downloads 539 (72,998)

Abstract:

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Credit ratings, Retail investors, Fundamental investing, Investor sophistication, Behavioral finance

From implicit to explicit: The impact of disclosure requirements on hidden transaction costs

Journal of Accounting Research, Forthcoming
Number of pages: 55 Posted: 30 Jun 2019 Last Revised: 17 Nov 2020
Christine Cuny, Omri Even-Tov and Edward M. Watts
New York University (NYU) - Leonard N. Stern School of Business, Haas School of Business - UC Berkeley and Yale School of Management
Downloads 321 (131,918)

Abstract:

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Corporate bonds; Retail transaction costs; Information processing costs; Information asymmetry; Disclosure regulation; Financial advisers

From Implicit to Explicit: The Impact of Disclosure Requirements on Hidden Transaction Costs

Journal of Accounting Research, Volume 59, Issue 1, NYU Stern School of Business Forthcoming
Posted: 18 Mar 2021
Christine Cuny, Omri Even-Tov and Edward M. Watts
New York University (NYU) - Leonard N. Stern School of Business, Haas School of Business - UC Berkeley and Yale School of Management

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corporate bonds; retail transaction costs; information processing costs; information asymmetry; disclosure regulation; financial advisers

11.

Firing and Hiring the CEO: What Does CEO Turnover Data Tell Us About Succession Planning?

Rock Center for Corporate Governance at Stanford University Working Paper Forthcoming, Stanford University Graduate School of Business Research Paper
Number of pages: 22 Posted: 12 Apr 2022
David F. Larcker, Brian Tayan and Edward M. Watts
Stanford University - Graduate School of Business, Stanford University - Graduate School of Business and Yale School of Management
Downloads 194 (218,148)

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Corporate governance, CEO turnover, CEO terminations, succession planning, interim successors, permanent successors, internal, external, voluntary, involuntary, Push-Out Scores, disclosure, board oversight, board of directors, corporate governance research

12.

ESG Ratings: A Compass without Direction

Rock Center for Corporate Governance at Stanford University Working Paper Forthcoming
Number of pages: 16 Posted: 04 Aug 2022
Stanford University - Graduate School of Business, AQR Capital Management, LLC, Stanford University - Graduate School of Business and Yale School of Management
Downloads 60 (788,624)

Abstract:

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Corporate governance, ESG, environmental, social, governance, sustainability, socially responsible investing, corporate responsibility, sustainability, ESG ratings, ESG initiatives, ESG disclosure, board of directors, corporate governance research