Kimberly Rodgers Cornaggia

Pennsylvania State University - Department of Finance

306 Business Bldg

University Park, PA 16802

United States

SCHOLARLY PAPERS

20

DOWNLOADS
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Top 2,121

in Total Papers Downloads

12,634

CITATIONS
Rank 4,615

SSRN RANKINGS

Top 4,615

in Total Papers Citations

114

Scholarly Papers (20)

1.

Rating Through the Relationship: Soft Information and Credit Ratings

Number of pages: 37 Posted: 29 May 2003 Last Revised: 24 Feb 2012
Alexander W. Butler and Kimberly Rodgers Cornaggia
Rice University - Jesse H. Jones Graduate School of Business and Pennsylvania State University - Department of Finance
Downloads 2,082 (4,603)
Citation 3

Abstract:

Solicited bond rating, information production

2.

Credit Ratings across Asset Classes: A Long-Term Perspective

Review of Finance, Forthcoming
Number of pages: 67 Posted: 15 Aug 2011 Last Revised: 04 Jan 2017
Jess Cornaggia, Kimberly Rodgers Cornaggia and John Hund
Pennsylvania State University - Department of Finance, Pennsylvania State University - Department of Finance and University of Georgia
Downloads 1,407 (6,850)

Abstract:

Credit Ratings, Credit Standards, Rating Agency, Ratings Comparability, Regulatory Capital

3.

Bringing Leased Assets onto the Balance Sheet

Journal of Corporate Finance 22, 345-360.
Number of pages: 44 Posted: 21 Sep 2010 Last Revised: 18 Mar 2014
Kimberly Rodgers Cornaggia, Laurel Franzen and Timothy T. Simin
Pennsylvania State University - Department of Finance, Loyola Marymount University and Pennsylvania State University
Downloads 848 (17,489)
Citation 2

Abstract:

Accounting performance, Capital structure, Financial risk, Lease financing, Off-Balance-Sheet, Risk metrics

4.

Estimating the Costs of Issuer-Paid Credit Ratings

Review of Financial Studies 26(10) 2229-2269
Number of pages: 61 Posted: 09 Nov 2010 Last Revised: 18 Mar 2014
Jess Cornaggia and Kimberly Rodgers Cornaggia
Pennsylvania State University - Department of Finance and Pennsylvania State University - Department of Finance
Downloads 750 (22,521)
Citation 6

Abstract:

Corporate Debt, Credit Ratings, NRSROs, Information Intermediary, Capital Markets Regulation

5.

Measuring Distress Risk: The Effect of R&D Intensity

AFA 2007 Chicago Meetings Paper, Journal of Finance, Vol. 62, No. 6, pp. 2331-2368.
Number of pages: 59 Posted: 03 Dec 2005 Last Revised: 23 Mar 2014
Laurel Franzen, Kimberly Rodgers Cornaggia and Timothy T. Simin
Loyola Marymount University, Pennsylvania State University - Department of Finance and Pennsylvania State University
Downloads 728 (24,581)
Citation 17

Abstract:

Accounting conservatism, bankruptcy prediction, distress risk, financial distress

6.

Inter-Firm Linkages and the Wealth Effects of Financial Distress Along the Supply Chain

Journal of Financial Economics, Vol. 87, No. 2, pp. 374-387
Number of pages: 32 Posted: 10 Jul 2006 Last Revised: 22 Jan 2009
Michael G. Hertzel, Micah S. Officer, Zhi Li and Kimberly Rodgers Cornaggia
Arizona State University (ASU) - Finance Department, Loyola Marymount University - Department of Finance and Computer Information Systems, Ohio State University, Fisher College of Business and Pennsylvania State University - Department of Finance
Downloads 723 (23,502)
Citation 40

Abstract:

Bankruptcy, Financial Distress, Contagion, Supply Chain

7.

Reorganization in Chapter 11

AFA 2003 Washington, DC Meetings
Number of pages: 35 Posted: 17 Oct 2002
Diane K. Denis and Kimberly Rodgers Cornaggia
University of Pittsburgh - Katz School of Business and Pennsylvania State University - Department of Finance
Downloads 559 (35,939)
Citation 2

Abstract:

8.

Does Regulatory Certification Affect the Information Content of Credit Ratings?

Management Science, Forthcoming
Number of pages: 47 Posted: 22 Nov 2011 Last Revised: 12 Nov 2014
Valentina Bruno, Jess Cornaggia and Kimberly Rodgers Cornaggia
American University - Department of Finance and Real Estate, Pennsylvania State University - Department of Finance and Pennsylvania State University - Department of Finance
Downloads 460 (33,662)
Citation 5

Abstract:

Credit Ratings, NRSRO, Capital Markets Regulation, Certification

9.

Managing the Balance Sheet with Leases

Number of pages: 43 Posted: 21 Jul 2012 Last Revised: 27 Oct 2015
Kimberly Rodgers Cornaggia, Laurel Franzen and Timothy T. Simin
Pennsylvania State University - Department of Finance, Loyola Marymount University and Pennsylvania State University
Downloads 452 (32,199)

Abstract:

Financial risk, Manipulation, Lease financing, Off-Balance-Sheet

10.

Chapter 11: Duration, Outcome, and Post-Reorganization Performance

Journal of Financial and Quantitative Analysis Vol. 42, No. 01, pp. 101-118., AFA 2003 Washington, DC Meetings
Number of pages: 35 Posted: 02 Nov 2005 Last Revised: 18 Mar 2014
Diane K. Denis and Kimberly Rodgers Cornaggia
University of Pittsburgh - Katz School of Business and Pennsylvania State University - Department of Finance
Downloads 436 (47,436)
Citation 17

Abstract:

Chapter 11, reorganization

11.

Do Bidders Hire Top-Tier Investment Banks to Certify Value?

Purdue University Working Paper; AFA 2002 Meetings
Number of pages: 36 Posted: 28 Jan 2002
Kimberly Rodgers Cornaggia and P. Raghavendra Rau
Pennsylvania State University - Department of Finance and University of Cambridge
Downloads 435 (46,683)
Citation 9

Abstract:

Tender offers, investment bank incentive fee structure, pay-performance relationship, board composition, ownership structure, insiders

12.

Revolving Doors on Wall Street

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 55 Posted: 23 Sep 2012 Last Revised: 03 Jun 2015
Jess Cornaggia, Kimberly Rodgers Cornaggia and Han Xia
Pennsylvania State University - Department of Finance, Pennsylvania State University - Department of Finance and University of Texas at Dallas - Naveen Jindal School of Management
Downloads 404 (30,343)
Citation 5

Abstract:

Credit Ratings, Capital Markets Regulation, Human Capital, Regulatory Capture, Revolving Door, Credit Analysts, NRSROs, Analyst Labor Market

13.

Credit Ratings and the Cost of Municipal Financing

Number of pages: 61 Posted: 01 Aug 2013 Last Revised: 26 Dec 2016
Jess Cornaggia, Kimberly Rodgers Cornaggia and Ryan D. Israelsen
Pennsylvania State University - Department of Finance, Pennsylvania State University - Department of Finance and Indiana University - Kelley School of Business - Department of Finance
Downloads 329 (39,046)
Citation 1

Abstract:

Credit Ratings, NRSRO, Blind Reliance, Municipal Debt, Information Production, Capital Markets Regulation

14.

Financial Restructuring in Fresh Start Chapter 11 Reorganizations

Financial Management Vol. 38. No. 4. pp. 727-745.
Number of pages: 35 Posted: 21 Mar 2006 Last Revised: 14 May 2014
Randall A. Heron, Erik Lie and Kimberly Rodgers Cornaggia
Indiana University - Kelley School of Business, University of Iowa - Henry B. Tippie College of Business and Pennsylvania State University - Department of Finance
Downloads 317 (71,838)
Citation 4

Abstract:

Chapter 11, Capital Structure, Fresh Start, Restructuring

15.

Initial Credit Ratings and Earnings Management

Review of Financial Economics Vol. 22, No. 4, pp. 135-145.
Number of pages: 45 Posted: 03 Apr 2012 Last Revised: 18 Mar 2014
K. Ozgur Demirtas and Kimberly Rodgers Cornaggia
Sabanci University and Pennsylvania State University - Department of Finance
Downloads 266 (76,986)
Citation 3

Abstract:

Credit Ratings, Earnings management, Accruals, Market efficiency

16.

Managerial Ability and Credit Ratings

Number of pages: 43 Posted: 24 Dec 2014 Last Revised: 12 Jul 2016
Kimberly Rodgers Cornaggia, Gopal V. Krishnan and Changjiang (John) Wang
Pennsylvania State University - Department of Finance, Bentley University and University of Cincinnati
Downloads 212 (56,901)

Abstract:

Credit Ratings, Information intermediary, Managerial ability, Soft Information

17.

Where the Heart Is: Information Production and the Home Bias

Number of pages: 61 Posted: 03 Nov 2014 Last Revised: 14 Mar 2017
Jess Cornaggia, Kimberly Rodgers Cornaggia and Ryan D. Israelsen
Pennsylvania State University - Department of Finance, Pennsylvania State University - Department of Finance and Indiana University - Kelley School of Business - Department of Finance
Downloads 96 (107,262)

Abstract:

Credit Ratings, Home Bias, Municipal Debt, Information Production, Capital Markets Regulation

18.

Pricing Expected Deviations from Absolute Priority in Bankruptcy

Number of pages: 35 Posted: 23 Feb 2012 Last Revised: 03 Sep 2012
Kimberly Rodgers Cornaggia, Timothy T. Simin and Arun Upneja
Pennsylvania State University - Department of Finance, Pennsylvania State University and Boston University
Downloads 83 (236,256)

Abstract:

Bankruptcy, Financial Distress, Absolute Priority, Distressed Equity Valuation

19.

The Relation between Excess Audit Fees and Credit Ratings

Number of pages: 57 Posted: 01 Jul 2016 Last Revised: 29 Nov 2016
Valentina Bruno, Kimberly Rodgers Cornaggia and Gopal V. Krishnan
American University - Department of Finance and Real Estate, Pennsylvania State University - Department of Finance and Bentley University
Downloads 0 (318,523)

Abstract:

Audit Fees, Credit Ratings, Economic Bonding, Information Intermediary

20.

The Value of Uninformative Credit Ratings

Number of pages: 38 Posted: 27 Oct 2015
Jess Cornaggia, Kimberly Rodgers Cornaggia and Timothy T. Simin
Pennsylvania State University - Department of Finance, Pennsylvania State University - Department of Finance and Pennsylvania State University
Downloads 0 (231,282)

Abstract:

Corporate Debt, Credit Ratings, NRSROs, Information Intermediary, Capital Markets Regulation