Erik Devos

University of Texas at El Paso - College of Business Administration - Department of Economics and Finance

Assistant Professor

500 W. University Ave.

El Paso, TX 79968

United States

http://utminers/utep.edu/hdevos

SCHOLARLY PAPERS

21

DOWNLOADS
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Top 35,547

in Total Papers Downloads

1,360

SSRN CITATIONS
Rank 32,858

SSRN RANKINGS

Top 32,858

in Total Papers Citations

13

CROSSREF CITATIONS

8

Scholarly Papers (21)

1.

Are Interlocked Directors Effective Monitors?

Number of pages: 49 Posted: 17 Jan 2008
University of Texas at El Paso - College of Business Administration - Department of Economics and Finance, University of Vermont and University of Nevada, Las Vegas - Department of Finance
Downloads 314 (103,283)
Citation 3

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director interlocks, performance, board monitoring, social networks

2.
Downloads 291 (112,080)
Citation 10

Why Are Firms Unlevered?

Number of pages: 49 Posted: 25 Mar 2008 Last Revised: 04 Jan 2011
University of Texas at El Paso - College of Business Administration - Department of Economics and Finance, SUNY at Binghamton - School of Management, SUNY at Binghamton - School of Management and North Carolina State University - Poole College of Management
Downloads 291 (111,452)
Citation 10

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Why are Firms Unlevered?

Journal of Corporate Finance, Forthcoming
Posted: 13 Feb 2012
University of Texas at El Paso - College of Business Administration - Department of Economics and Finance, SUNY at Binghamton - School of Management, SUNY at Binghamton - School of Management and North Carolina State University - Poole College of Management

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leverage, managerial entrenchment, financing constraints

The Competitive Consequences of Size in Banking: Evidence from Megabank Mergers

Number of pages: 42 Posted: 24 Mar 2010 Last Revised: 04 Jan 2011
University of Texas at El Paso - College of Business Administration - Department of Economics and Finance, North Carolina State University - Poole College of Management and Louisiana State University
Downloads 145 (215,778)
Citation 1

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Mergers, Efficiency, Market Power, TBTF

The Competitive Consequences of Size in Banking: Evidence from Megabank Mergers

Number of pages: 42 Posted: 02 Jun 2010 Last Revised: 04 Jan 2011
University of Texas at El Paso - College of Business Administration - Department of Economics and Finance, North Carolina State University - Poole College of Management and Louisiana State University
Downloads 88 (310,043)
Citation 1

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Bank mergers, Efficiency gains, Market power

4.

Naked Short Selling and the Market Impact of Failures-to-Deliver: Evidence from the Trading of Real Estate Investment Trusts

Number of pages: 41 Posted: 19 Apr 2010 Last Revised: 24 Apr 2010
University of Texas at El Paso - College of Business Administration - Department of Economics and Finance, University of Memphis - Fogelman College of Business and Economics, The University of Sydney - Discipline of Finance and University of Texas at El Paso
Downloads 201 (162,084)
Citation 1

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Short Selling, Failures-to-deliver, Financial Crisis, Regulation, REITs, Naked Short Selling

5.

Labor Unemployment Risk and Tax Aggressiveness

Number of pages: 30 Posted: 03 May 2013
Erik Devos and Shofiqur Rahman
University of Texas at El Paso - College of Business Administration - Department of Economics and Finance and University of Texas at El Paso
Downloads 160 (198,481)
Citation 2

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Unemployment risk, Compensating wage differentials, Unemployment insurance benefit, Tax aggressiveness

6.

Debt Covenants and the Speed of Capital Structure Adjustment

Journal of Corporate Finance, Vol. 45, 2017
Number of pages: 51 Posted: 30 Nov 2017
Erik Devos, Shofiqur Rahman and Desmond Tsang
University of Texas at El Paso - College of Business Administration - Department of Economics and Finance, New Mexico State University and McGill University - Desautels Faculty of Management
Downloads 95 (293,058)

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Capital structure; Debt covenants; Speed of adjustment; Capital covenants; Performance covenants

7.

Labor Unemployment Insurance and Firm Cash Holdings

Journal of Corporate Finance, Vol. 49, 2018
Number of pages: 49 Posted: 14 Dec 2017 Last Revised: 08 Aug 2018
Erik Devos and Shofiqur Rahman
University of Texas at El Paso - College of Business Administration - Department of Economics and Finance and New Mexico State University
Downloads 37 (465,608)

Abstract:

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G32, J01, M54

8.

Location and Lease Intensity

Journal of Corporate Finance, Vol. 29, 2014
Number of pages: 46 Posted: 30 Nov 2017
Erik Devos and Shofiqur Rahman
University of Texas at El Paso - College of Business Administration - Department of Economics and Finance and New Mexico State University
Downloads 28 (509,071)

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Geographic location, Operating leases, Debt financing

9.

The Effects of Relative Changes in CEO Equity Incentives on the Cost of Corporate Debt

Journal of Business Finance & Accounting, Vol. 40, Issue 3-4, pp. 470-500, 2013
Number of pages: 31 Posted: 26 Apr 2013
University of Vermont, University of Texas at El Paso - College of Business Administration - Department of Economics and Finance and Oklahoma State University - Stillwater - Spears School of Business - Department of Finance
Downloads 1 (692,387)
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executive compensation, cost of debt

10.

Are REIT Investors Overly Optimistic after Equity Offerings? Evidence from Analyst Forecast Errors

Journal of Real Estate Finance and Economics, Forthcoming
Posted: 05 Nov 2019
Eastern Michigan University, University of Texas at El Paso - College of Business Administration - Department of Economics and Finance, National University of Singapore (NUS) and Hofstra University - Department of Finance

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REIT, Over-optimism, IPO, SEO, Analyst behavior

11.

Information Asymmetry and REIT Capital Market Access

Journal of Real Estate Finance and Economics, July 2019, Volume 59, Issue 1, pp 90–110
Posted: 14 Sep 2019 Last Revised: 18 Sep 2019
University of Texas at El Paso - College of Business Administration - Department of Economics and Finance, National University of Singapore (NUS) and Hofstra University - Department of Finance

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REIT; Information Asymmetry; IPO; SEO; Bid-ask Spreads

12.

Chapter 8: Portfolio Managers

Financial Behavior: Players, Services, Products, and Markets. H. Kent Baker, Greg Filbeck, and Victor Ricciardi, editors, 135-152, New York, NY: Oxford University Press, 2017.
Posted: 06 Jun 2017
University of Texas at El Paso - College of Business Administration - Department of Economics and Finance, Hofstra University - Department of Finance and Independent

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behavioral finance, behavioural finance, portfolio managers, portfolio management, overconfidence, herd mentality, risk-taking behavior, disposition effect, gender differences

13.

Efficiency and Market Power Gains in Bank Megamergers: Evidence from Value Line Forecasts

Financial Management, Forthcoming
Posted: 21 May 2016
University of Texas at El Paso - College of Business Administration - Department of Economics and Finance, North Carolina State University - Poole College of Management and Louisiana State University

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Bank mergers; Efficiency gains; Market power; Too-Big-To-Fail

14.

The Propensity to Split and CEO Compensation

Posted: 04 May 2016
University of Texas at El Paso - College of Business Administration - Department of Economics and Finance, John Carroll University and North Carolina State University

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Stock Splits, Executive Compensation, Managerial Incentives

15.

The Role of Debt Covenants in the Investment Grade Bond Market - The REIT Experiment

Journal of Real Estate Finance and Economics, Vol. 52, No. 4, 2016
Posted: 14 Apr 2016
Wisconsin School of Business, University of Wisconsin-Madison, University of Texas at El Paso - College of Business Administration - Department of Economics and Finance, University of Texas at El Paso and McGill University - Desautels Faculty of Management

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Debt covenants; Investment grade bond; REIT

16.

Naked Short Selling and the Market Impact of Fails-to-Deliver: Evidence from the Trading of Real Estate Investment Trusts

Journal of Real Estate Finance and Economics, Vol. 49, No. 4, 2014
Posted: 17 Oct 2014
University of Texas at El Paso - College of Business Administration - Department of Economics and Finance, University of Memphis - Fogelman College of Business and Economics, The University of Sydney - Discipline of Finance and University of Texas at El Paso

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Short selling; Fails-to-deliver; Financial crisis; Regulation; REITs

17.

REIT Institutional Ownership Dynamics and the Financial Crisis

Journal of Real Estate Finance and Economics, Vol. 47, No. 2, 2013
Posted: 22 Aug 2013
University of Texas at El Paso - College of Business Administration - Department of Economics and Finance, National University of Singapore (NUS) - Department of Real Estate, Hofstra University - Department of Finance and McGill University - Desautels Faculty of Management

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REITs, Institutional ownership, Financial crisis

Elective Stock Dividends and REITs: Evidence from the Financial Crisis

Real Estate Economics, Vol. 42, Issue 1, pp. 33-70, 2014
Number of pages: 38 Posted: 18 Feb 2014
University of Texas at El Paso - College of Business Administration - Department of Economics and Finance, Hofstra University - Department of Finance and McGill University - Desautels Faculty of Management
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Elective Stock Dividends and REITs: Evidence from the Financial Crisis

46th Annual AREUEA Conference Paper
Posted: 29 Nov 2010
University of Texas at El Paso - College of Business Administration - Department of Economics and Finance, Hofstra University - Department of Finance and McGill University - Desautels Faculty of Management

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Elective Stock Dividends and REITs: Evidence from the Financial Crisis

Real Estate Economics, Forthcoming
Posted: 07 Aug 2012
University of Texas at El Paso - College of Business Administration - Department of Economics and Finance, Hofstra University - Department of Finance and McGill University - Desautels Faculty of Management

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REITs, Dividend Policy, Stock Dividends, Financial Crisis

19.

How Do Mergers Create Value? A Comparison of Taxes, Market Power, and Efficiency Improvements as Explanations For Synergies

The Review of Financial Studies, Vol. 22, Issue 3, pp. 1179-1211, 2009
Posted: 17 Mar 2009
University of Texas at El Paso - College of Business Administration - Department of Economics and Finance, University of Texas at San Antonio - Department of Finance and North Carolina State University - Poole College of Management

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G1, G34, L2

20.

Analyst Activity and Firm Value: Evidence from the REIT Sector

Journal of Real Estate Finance and Economics, Vol. 35, No. 3, 2007
Posted: 26 Aug 2007
University of Texas at El Paso - College of Business Administration - Department of Economics and Finance, National University of Singapore (NUS) - Department of Real Estate and Hofstra University - Department of Finance

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REIT, analyst forecasts

21.

How Do Mergers Create Value? A Comparison of Taxes, Market Power, and Efficiency Improvements as Explanations for Synergies

Review of Financial Studies, Forthcoming
Posted: 20 Aug 2007
University of Texas at El Paso - College of Business Administration - Department of Economics and Finance, University of Texas at San Antonio - Department of Finance and North Carolina State University - Poole College of Management

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mergers and acquisitions, sources of synergies, diversification

Other Papers (2)

Total Downloads: 40
1.

Are CEOs Incentivized to Split Their Stocks?

Number of pages: 46 Posted: 16 Mar 2010
University of Texas at El Paso - College of Business Administration - Department of Economics and Finance, John Carroll University and North Carolina State University
Downloads 27

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Stock Splits, Executive Compensation, Managerial Incentives

Top-Up Options and Tender Offers

Number of pages: 59 Posted: 10 Jun 2014
University of Texas at El Paso - College of Business Administration - Department of Economics and Finance, John Carroll University and University of Texas at El Paso - College of Business Administration - Department of Economics and Finance
Downloads 9

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tender offers, top-up options, mergers, M&A

Top-Up Options and Tender Offers

Number of pages: 59 Posted: 22 Jul 2014
University of Texas at El Paso - College of Business Administration - Department of Economics and Finance, John Carroll University and University of Texas at El Paso - College of Business Administration - Department of Economics and Finance
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