Michael W. Faulkender

University of Maryland - Robert H. Smith School of Business

Assistant Professor of Finance

College Park, MD 20742-1815

United States

SCHOLARLY PAPERS

14

DOWNLOADS
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Top 1,987

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13,033

CITATIONS
Rank 1,061

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Top 1,061

in Total Papers Citations

509

Scholarly Papers (14)

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, Saint Louis - John M. Olin School of Business and Washington University in Saint Louis - Olin Business School
Downloads 4,576 (1,097)
Citation 3

Abstract:

Capital Structure, Dividend Policy, Disagreement

2.

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
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 1,383 (8,659)
Citation 17

Abstract:

Capital Structure, Corporate Finance

3.
Downloads 1,075 ( 14,499)
Citation 230

Does the Source of Capital Affect Capital Structure?

AFA 2004 San Diego Meetings
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 1,005 (15,767)
Citation 230

Abstract:

Does the Source of Capital Affect Capital Structure?

NBER Working Paper No. w9930
Number of pages: 52 Posted: 04 Sep 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 70 (266,910)
Citation 230

Abstract:

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

Abstract:

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

4.

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 983 (14,004)
Citation 15

Abstract:

Capital Structure, Cash Holdings, Information Asymmetry, Financial Distress

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 911 (16,765)
Citation 40

Abstract:

Corproate Governance, Executive Compensation, Compensation Peer Groups

6.

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 866 (19,884)
Citation 44

Abstract:

Hedging, Risk Management, Capital Structure, Market Timing

7.

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 742 (22,821)
Citation 121

Abstract:

Cash holdings, financial constraints, corporate finance

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 306 (76,407)
Citation 4

Abstract:

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 200 (119,695)
Citation 4

Abstract:

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

9.

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 Ohio State University (OSU) - Department of Finance
Downloads 370 (59,338)
Citation 8

Abstract:

Interest Rate Swaps, Market Timing, Myopia, Speculation

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 259 (91,939)
Citation 21

Abstract:

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
Michael W. Faulkender and Mitchell A. Petersen
University of Maryland - Robert H. Smith School of Business and Northwestern University - Kellogg School of Management
Downloads 22 (428,336)
Citation 21

Abstract:

11.

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 Kentucky - Von Allmen School of Accountancy, Gatton College of Business and Economics and Franklin Templeton Investments
Downloads 260 (88,415)

Abstract:

Earnings Management, Interest Rate Swaps, Derivatives

12.

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 256 (49,108)

Abstract:

Capital Structure, Taxes

13.

Executive Compensation: An Overview of Research on Corporate Practices and Proposed Reforms

Journal of Applied Corporate Finance, Vol. 22, Issue 1, pp. 107-118, Winter 2010
Number of pages: 14 Posted: 31 Mar 2010
Michael W. Faulkender, Dalida Kadyrzhanova, N. Prabhala and Lemma W. Senbet
University of Maryland - Robert H. Smith School of Business, Georgia State University, affiliation not provided to SSRN and University of Maryland - Robert H. Smith School of Business
Downloads 3 (508,361)
Citation 6

Abstract:

14.

Walmart's Use of Interest Rate Swaps

HBS Case No. 108-038, Harvard Business School Accounting & Management Unit
Posted: 23 Nov 2009
University of Maryland - Robert H. Smith School of Business, University of Maryland - Robert H. Smith School of Business, University of Kentucky - Von Allmen School of Accountancy, Gatton College of Business and Economics and Harvard Business School

Abstract: