Valeri V. Nikolaev

University of Chicago Booth School of Business

Associate Professor of Accounting

5807 South Woodlawn Avenue

Chicago, IL 60637

United States

http://faculty.chicagobooth.edu/valeri.nikolaev/index.html

SCHOLARLY PAPERS

19

DOWNLOADS
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Top 645

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28,429

CITATIONS
Rank 4,156

SSRN RANKINGS

Top 4,156

in Total Papers Citations

130

Scholarly Papers (19)

Econometrics of the Basu Asymmetric Timeliness Coefficient and Accounting Conservatism

Chicago Booth Research Paper No. 09-16
Number of pages: 36 Posted: 13 Jul 2007 Last Revised: 19 Feb 2013
Ray Ball, S.P. Kothari and Valeri V. Nikolaev
University of Chicago - Booth School of Business, Massachusetts Institute of Technology (MIT) - Sloan School of Management and University of Chicago Booth School of Business
Downloads 5,213 (1,062)
Citation 45

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conditional conservatism, asymmetric timeliness, earnings

Econometrics of the Basu Asymmetric Timeliness Coefficient and Accounting Conservatism

Journal of Accounting Research, Forthcoming, Chicago Booth Research Paper No. 13-65
Number of pages: 37 Posted: 02 Aug 2013
Ray Ball, S.P. Kothari and Valeri V. Nikolaev
University of Chicago - Booth School of Business, Massachusetts Institute of Technology (MIT) - Sloan School of Management and University of Chicago Booth School of Business
Downloads 488 (47,271)
Citation 45

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Conditional conservatism, Timely loss recognition, Basu model, Returns-earnings regressions, Earning respnse coefficients, Market-to-book ratio

Econometrics of the Basu Asymmetric Timeliness Coefficient and Accounting Conservatism

Journal of Accounting Research, Vol. 51, No. 5, 2013
Posted: 28 Nov 2013
Ray Ball, S.P. Kothari and Valeri V. Nikolaev
University of Chicago - Booth School of Business, Massachusetts Institute of Technology (MIT) - Sloan School of Management and University of Chicago Booth School of Business

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conditional conservatism, asymmetric timeliness, earnings

Does Fair Value Accounting for Non-Financial Assets Pass the Market Test?

Review of Accounting Studies, Forthcoming
Number of pages: 50 Posted: 17 Sep 2008 Last Revised: 27 Feb 2013
Hans Bonde Christensen and Valeri V. Nikolaev
University of Chicago - Booth School of Business and University of Chicago Booth School of Business
Downloads 5,257 (1,049)
Citation 7

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Fair Value, IFRS, Non-Financial Assets, Illiquid Assets

Does Fair Value Accounting for Non-Financial Assets Pass the Market Test?

Chicago Booth Research Paper No. 13-10
Number of pages: 52 Posted: 13 Feb 2013 Last Revised: 07 Jun 2013
Hans Bonde Christensen and Valeri V. Nikolaev
University of Chicago - Booth School of Business and University of Chicago Booth School of Business
Downloads 399 (60,967)
Citation 7

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fair value, IFRS, non-financial assets, illiquid assets

3.

Agency Theory of Overvalued Equity as an Explanation for the Accrual Anomaly

CentER Discussion Paper Series No. 2006-103
Number of pages: 64 Posted: 28 Dec 2005
S.P. Kothari, Elena Loutskina and Valeri V. Nikolaev
Massachusetts Institute of Technology (MIT) - Sloan School of Management, University of Virginia - Darden School of Business and University of Chicago Booth School of Business
Downloads 1,864 (5,676)
Citation 29

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accrual anomaly; earnings management; agency theory of overvalued equity

4.

On Estimating Conditional Conservatism

Forthcoming, The Accounting Review, Chicago Booth Research Paper No. 11-09
Number of pages: 56 Posted: 12 Feb 2011 Last Revised: 03 Dec 2012
Ray Ball, S.P. Kothari and Valeri V. Nikolaev
University of Chicago - Booth School of Business, Massachusetts Institute of Technology (MIT) - Sloan School of Management and University of Chicago Booth School of Business
Downloads 1,666 (6,814)
Citation 20

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conditional conservatism, asymmetric timeliness, earnings

5.

Deflating Profitability

Journal of Financial Economics (JFE), Volume 117, Issue 2, pp. 225-248, Fama-Miller Working Paper, Chicago Booth Research Paper No. 14-10
Number of pages: 55 Posted: 27 Mar 2014 Last Revised: 12 Dec 2015
University of Chicago - Booth School of Business, Tuck School of Business at Dartmouth College, USC Marshall School of Business and University of Chicago Booth School of Business
Downloads 1,622 (4,687)
Citation 2

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Gross profitability, operating profitability, asset pricing, deflators, earnings anomalies

6.

Debt Covenants and Accounting Conservatism

Journal of Accounting Research, Vol. 48, No. 1
Number of pages: 41 Posted: 21 Jan 2008 Last Revised: 29 Aug 2010
Valeri V. Nikolaev
University of Chicago Booth School of Business
Downloads 1,219 (11,280)

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contracting demands, timely loss recognition, covenants, debt contracts

7.

Accruals, Cash Flows, and Operating Profitability in the Cross Section of Stock Returns

Journal of Financial Economics (JFE), Forthcoming, Fama-Miller Working Paper, Chicago Booth Research Paper No. 15-12
Number of pages: 47 Posted: 01 Apr 2015 Last Revised: 21 Sep 2015
University of Chicago - Booth School of Business, Tuck School of Business at Dartmouth College, USC Marshall School of Business and University of Chicago Booth School of Business
Downloads 1,076 (3,695)
Citation 1

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Operating profitability, Accruals, Cash flows, Anomalies, Asset pricing

8.

Capital Versus Performance Covenants in Debt Contracts

Chicago Booth Research Paper No. 11-06
Number of pages: 57 Posted: 26 Jan 2011 Last Revised: 03 Jun 2014
Hans Bonde Christensen and Valeri V. Nikolaev
University of Chicago - Booth School of Business and University of Chicago Booth School of Business
Downloads 1,073 (16,011)
Citation 15

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accounting-based covenants, private debt, financial contract design

9.

Identifying Accounting Quality

Chicago Booth Research Paper No. 14-28
Number of pages: 55 Posted: 23 Aug 2014 Last Revised: 15 Sep 2017
Valeri V. Nikolaev
University of Chicago Booth School of Business
Downloads 926 (5,521)

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Accounting quality, Earnings quality, Accruals, Identification, Estimation error

The Endogeneity Bias in the Relation Between Cost-of-Debt Capital and Corporate Disclosure Policy

CentER Discussion Paper No. 2005-67
Number of pages: 58 Posted: 02 Jun 2005
Valeri V. Nikolaev and Laurence van Lent
University of Chicago Booth School of Business and Frankfurt School of Finance & Management gemeinnützige GmbH - Accounting Department
Downloads 628 (34,027)

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Disclosure policy, cost-of-debt capital, endogeneity

The Endogeneity Bias in the Relation between Cost-of-Debt Capital and Corporate Disclosure Policy

European Accounting Review, No. 4, pp. 677-724, 2005
Number of pages: 57 Posted: 05 Aug 2005 Last Revised: 10 Jan 2012
Valeri V. Nikolaev and Laurence van Lent
University of Chicago Booth School of Business and Frankfurt School of Finance & Management gemeinnützige GmbH - Accounting Department
Downloads 56 (323,419)

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Disclosure policy, cost-of-debt capital, endogeneity

Accounting Information in Financial Contracting: The Incomplete Contract Theory Perspective

Journal of Accounting Research, 54, 2016
Number of pages: 59 Posted: 13 Oct 2015 Last Revised: 10 Jun 2016
University of Chicago - Booth School of Business, University of Chicago Booth School of Business and University of Southern California
Downloads 608 (35,548)
Citation 2

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Financial contracting, incomplete contracts, accounting-based covenants, control allocation, contracting on accounting information

Accounting Information in Financial Contracting: The Incomplete Contract Theory Perspective

Journal of Accounting Research, Vol. 54, No. 2, 2016
Posted: 15 Jul 2016
University of Chicago - Booth School of Business, University of Southern California and University of Chicago Booth School of Business

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financial contracting, incomplete contracts, accounting-based covenants, control allocation, contracting on accounting information

12.

Contracting on GAAP Changes: Large Sample Evidence

Chicago Booth Research Paper No. 13-66
Number of pages: 41 Posted: 02 Aug 2013 Last Revised: 01 Mar 2017
Hans Bonde Christensen and Valeri V. Nikolaev
University of Chicago - Booth School of Business and University of Chicago Booth School of Business
Downloads 443 (36,904)

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Standard setting, GAAP changes, debt contracting, incomplete contract theory

13.

Disproportional Control Rights and the Bonding Role of Debt

Number of pages: 52 Posted: 04 Dec 2009
Aiyesha Dey, Xue Wang and Valeri V. Nikolaev
University of Minnesota - Twin Cities - Carlson School of Management, Ohio State University - Fisher College of Business and University of Chicago Booth School of Business
Downloads 225 (98,424)
Citation 4

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corporate governance, dual-class ownership, disproportional control, debt financing, capital structure, Tobin’s q

14.

Scope for Renegotiation in Private Debt Contracts

Chicago Booth Research Paper No. 15-15
Number of pages: 64 Posted: 02 Mar 2012 Last Revised: 01 Nov 2016
Valeri V. Nikolaev
University of Chicago Booth School of Business
Downloads 173 (54,337)

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Debt contract renegotiation, contracting costs, monitoring, creditor control rights.

15.

Disproportional Control and Insider Entrenchment: Evidence from Capital Structure Choices and Institutional Investment

Number of pages: 55 Posted: 02 Sep 2009
Aiyesha Dey, Valeri V. Nikolaev and Xue Wang
University of Minnesota - Twin Cities - Carlson School of Management, University of Chicago Booth School of Business and Ohio State University - Fisher College of Business
Downloads 133 (176,158)
Citation 1

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dual-class, voting control, board control, capital structure, institutional investment

16.

Disproportional Control Rights and the Governance Role of Debt

Management Science, Forthcoming
Number of pages: 58 Posted: 29 Apr 2015
Aiyesha Dey, Valeri V. Nikolaev and Xue Wang
University of Minnesota - Twin Cities - Carlson School of Management, University of Chicago Booth School of Business and Ohio State University - Fisher College of Business
Downloads 72 (160,901)
Citation 4

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dual class; capital structure; relationship lending; debt covenants

17.

Outside Blockholders’ Monitoring of Management and Debt Financing: An Alternative Perspective.

Contemporary Accounting Research, Forthcoming
Number of pages: 15 Posted: 17 Jun 2015
Valeri V. Nikolaev
University of Chicago Booth School of Business
Downloads 29 (234,555)

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Large shareholders, monitoring structure, private debt, covenants, complementarities.

18.

Discussion of 'Borrower Private Information Covenants and Loan Contract Monitoring'

Journal of Accounting & Economics (JAE), Forthcoming
Number of pages: 17 Posted: 18 Jul 2017
Valeri V. Nikolaev
University of Chicago Booth School of Business
Downloads 0 (419,724)

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Monitoring, disclosure, information covenants, reporting frequency, contracting on accounting information

19.

Earnings, Retained Earnings, and Book-to-Market in the Cross Section of Expected Returns

Chicago Booth Research Paper No. 17-03
Number of pages: 54 Posted: 01 Mar 2017 Last Revised: 25 Sep 2017
University of Chicago - Booth School of Business, Tuck School of Business at Dartmouth College, USC Marshall School of Business and University of Chicago Booth School of Business
Downloads 0 (20,499)

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G11, G12, M41