Michael W. Faulkender

University of Maryland - Robert H. Smith School of Business

Assistant Professor of Finance

College Park, MD 20742-1815

United States

  • University of Maryland - Robert H. Smith School of Business

SCHOLARLY PAPERS

15

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TOTAL CITATIONS
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Top 976

in Total Papers Citations

478

Scholarly Papers (15)

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1.

Does Corporate Performance Determine Capital Structure and Dividend Policy?

Number of pages: 53 Posted: 22 Mar 2005
Michael W. Faulkender, Anjan V. Thakor and Todd T. Milbourn
University of Maryland - Robert H. Smith School of Business, Washington University in St. Louis - John M. Olin Business School and Washington University in Saint Louis - Olin Business School
Downloads 5,473 (3,399)
Citation 8

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Capital Structure, Dividend Policy, Disagreement

2.

Cash Holdings Among Small Businesses

Number of pages: 40 Posted: 02 Apr 2002
Michael W. Faulkender
University of Maryland - Robert H. Smith School of Business
Downloads 1,968 (17,997)
Citation 28

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Capital Structure, Cash Holdings, Information Asymmetry, Financial Distress

3.

Cash Flows and Leverage Adjustments

Journal of Financial Economics (JFE), March 2012, AFA 2008 New Orleans Meetings Paper
Number of pages: 40 Posted: 21 Mar 2007 Last Revised: 07 Nov 2013
Michael W. Faulkender, Mark J. Flannery, Kristine Watson Hankins and Jason M. Smith
University of Maryland - Robert H. Smith School of Business, University of Florida - Department of Finance, Insurance and Real Estate, University of Kentucky and Utah State University
Downloads 1,873 (19,453)
Citation 14

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Capital Structure, Corporate Finance

4.

Corporate Financial Policy and the Value of Cash

Number of pages: 38 Posted: 12 Jul 2004
Michael W. Faulkender and Rong Wang
University of Maryland - Robert H. Smith School of Business and Singapore Management University
Downloads 1,386 (30,712)
Citation 143

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Cash holdings, financial constraints, corporate finance

5.

Inside the Black Box: The Role and Composition of Compensation Peer Groups

AFA 2008 New Orleans Meetings Paper
Number of pages: 36 Posted: 21 Mar 2007 Last Revised: 14 May 2014
Michael W. Faulkender and Jun Yang
University of Maryland - Robert H. Smith School of Business and Indiana University - Kelley School of Business - Department of Finance
Downloads 1,384 (30,783)
Citation 53

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Corproate Governance, Executive Compensation, Compensation Peer Groups

6.

Does the Source of Capital Affect Capital Structure?

Downloads 1,363 (31,484)
Citation 68

Does the Source of Capital Affect Capital Structure?

Number of pages: 52 Posted: 26 Feb 2003
Michael W. Faulkender and Mitchell A. Petersen
University of Maryland - Robert H. Smith School of Business and Northwestern University - Kellogg School of Management
Downloads 1,169 (38,763)
Citation 4

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Does the Source of Capital Affect Capital Structure?

NBER Working Paper No. w9930
Number of pages: 52 Posted: 04 Sep 2003 Last Revised: 21 Aug 2022
Michael W. Faulkender and Mitchell A. Petersen
University of Maryland - Robert H. Smith School of Business and Northwestern University - Kellogg School of Management
Downloads 194 (333,688)
Citation 64

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Does the Source of Capital Affect Capital Structure?

Review of Financial Studies, Vol. 19, No. 1, pp. 45-79, 2006
Posted: 29 Feb 2008
Michael W. Faulkender and Mitchell A. Petersen
University of Maryland - Robert H. Smith School of Business and Northwestern University - Kellogg School of Management

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fetus, heart rate, prenatal environment, prenatal drug exposure, cigarette smoking

7.

Hedging or Market Timing? Selecting the Interest Rate Exposure of Corporate Debt

Number of pages: 54 Posted: 18 Dec 2001
Michael W. Faulkender
University of Maryland - Robert H. Smith School of Business
Downloads 1,035 (46,983)
Citation 65

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Hedging, Risk Management, Capital Structure, Market Timing

8.

Taxes and Leverage at Multinational Corporations

Western Finance Association, 2014, NBER Summer Institute, Corporate Finance Workshop, 2014, Robert H. Smith School Research Paper
Number of pages: 38 Posted: 12 Nov 2013 Last Revised: 17 Jul 2014
Michael W. Faulkender and Jason M. Smith
University of Maryland - Robert H. Smith School of Business and Utah State University
Downloads 785 (68,541)
Citation 19

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Capital Structure, Taxes

9.

Is Disclosure an Effective Cleansing Mechanism? The Dynamics of Compensation Peer Benchmarking

Downloads 741 (74,064)
Citation 14

Is Disclosure an Effective Cleansing Mechanism? The Dynamics of Compensation Peer Benchmarking

Number of pages: 50 Posted: 15 Mar 2011 Last Revised: 14 May 2014
Michael W. Faulkender and Jun Yang
University of Maryland - Robert H. Smith School of Business and Indiana University - Kelley School of Business - Department of Finance
Downloads 462 (132,273)
Citation 13

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Disclosure Regulation, Corporate Governance, Executive Compensation, Peer Groups, Benchmarking

Is Disclosure an Effective Cleansing Mechanism? The Dynamics of Compensation Peer Benchmarking

AFA 2013 San Diego Meetings Paper
Number of pages: 34 Posted: 18 Mar 2012 Last Revised: 14 May 2014
Michael W. Faulkender and Jun Yang
University of Maryland - Robert H. Smith School of Business and Indiana University - Kelley School of Business - Department of Finance
Downloads 279 (232,093)
Citation 1

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disclosure regulation, corporate governance, executive compensation, peer groups, benchmarking

10.

The Job Preservation Effects of Paycheck Protection Program Loans

Number of pages: 62 Posted: 10 Mar 2021 Last Revised: 05 Apr 2023
Michael W. Faulkender, Robert Jackman and Stephen Miran
University of Maryland - Robert H. Smith School of Business, affiliation not provided to SSRN and Manhattan Institute
Downloads 590 (99,046)
Citation 32

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11.

Investment and Capital Constraints: Repatriations Under the American Jobs Creation Act

Downloads 500 (121,695)
Citation 19

Investment and Capital Constraints: Repatriations Under the American Jobs Creation Act

Number of pages: 58 Posted: 23 Mar 2009 Last Revised: 02 Nov 2014
Mitchell A. Petersen and Michael W. Faulkender
Northwestern University - Kellogg School of Management and University of Maryland - Robert H. Smith School of Business
Downloads 378 (166,957)

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taxes, taxation, investment incentives, panel econmetrics

Investment and Capital Constraints: Repatriations Under the American Jobs Creation Act

NBER Working Paper No. w15248
Number of pages: 59 Posted: 18 Aug 2009 Last Revised: 02 Mar 2023
Michael W. Faulkender and Mitchell A. Petersen
University of Maryland - Robert H. Smith School of Business and Northwestern University - Kellogg School of Management
Downloads 122 (494,597)
Citation 19

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12.

Why are Firms Using Interest Rate Swaps to Time the Yield Curve?

Number of pages: 47 Posted: 28 Jul 2005
Michael W. Faulkender and Sergey Chernenko
University of Maryland - Robert H. Smith School of Business and Purdue University - Department of Management
Downloads 455 (136,361)
Citation 5

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Interest Rate Swaps, Market Timing, Myopia, Speculation

13.

The Market Reaction to the Strategic Use of Interest Rate Swaps

Number of pages: 38 Posted: 15 Sep 2006
Michael W. Faulkender, Nicole Thorne Jenkins and Chandra Seethamraju
University of Maryland - Robert H. Smith School of Business, University of Virginia - McIntire School of Commerce and Franklin Templeton Investments
Downloads 328 (196,889)
Citation 1

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Earnings Management, Interest Rate Swaps, Derivatives

14.

Understanding the Rise in Corporate Cash: Precautionary Savings or Foreign Taxes

NBER Working Paper No. w23799
Number of pages: 57 Posted: 11 Sep 2017 Last Revised: 13 Jul 2023
Michael W. Faulkender, Kristine Watson Hankins and Mitchell A. Petersen
University of Maryland - Robert H. Smith School of Business, University of Kentucky and Northwestern University - Kellogg School of Management
Downloads 78 (664,737)
Citation 9

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15.

Walmart's Use of Interest Rate Swaps

HBS Case No. 108-038, Harvard Business School Accounting & Management Unit
Posted: 23 Nov 2009
Michael D. Kimbrough, Michael W. Faulkender, Nicole Thorne Jenkins and Rachel Gordon
University of Maryland - Robert H. Smith School of Business, University of Maryland - Robert H. Smith School of Business, University of Virginia - McIntire School of Commerce and Harvard University - Business School (HBS)

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