Hernan Ortiz-Molina

University of British Columbia (UBC) - Sauder School of Business

2053 Main Mall

Vancouver, BC V6T 1Z2

Canada

SCHOLARLY PAPERS

16

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Top 8,921

in Total Papers Downloads

10,851

TOTAL CITATIONS
Rank 3,024

SSRN RANKINGS

Top 3,024

in Total Papers Citations

468

Scholarly Papers (16)

1.

Protection of Trade Secrets and Capital Structure Decisions

Number of pages: 88 Posted: 21 May 2014 Last Revised: 17 May 2018
Sandy Klasa, Hernan Ortiz-Molina, Matthew Serfling and Shweta Srinivasan
University of Arizona - Department of Finance, University of British Columbia (UBC) - Sauder School of Business, University of Tennessee and Rutgers School of Business - Camden
Downloads 2,433 (12,783)
Citation 96

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capital structure, trade secrets, intellectual property, product market competition

Labor Unions, Operating Flexibility, and the Cost of Equity

AFA 2008 New Orleans Meetings Paper
Number of pages: 56 Posted: 21 Sep 2006 Last Revised: 25 Aug 2012
Huafeng (Jason) Chen, Marcin T. Kacperczyk and Hernan Ortiz-Molina
Fudan University - Fanhai International School of Finance (FISF), Imperial College London - Accounting, Finance, and Macroeconomics and University of British Columbia (UBC) - Sauder School of Business
Downloads 1,351 (31,370)
Citation 141

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labor unions, operating flexibility, cost of equity

Labor Unions, Operating Flexibility, and the Cost of Equity

Journal of Financial and Quantitative Analysis (JFQA), Forthcoming
Posted: 30 Jun 2009
Huafeng (Jason) Chen, Marcin T. Kacperczyk and Hernan Ortiz-Molina
Fudan University - Fanhai International School of Finance (FISF), Imperial College London - Accounting, Finance, and Macroeconomics and University of British Columbia (UBC) - Sauder School of Business

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3.

Do Non-Financial Stakeholders Affect the Pricing of Risky Debt? Evidence from Unionized Workers

Review of Finance, Forthcoming
Number of pages: 47 Posted: 24 Mar 2008 Last Revised: 28 Sep 2010
Huafeng (Jason) Chen, Marcin T. Kacperczyk and Hernan Ortiz-Molina
Fudan University - Fanhai International School of Finance (FISF), Imperial College London - Accounting, Finance, and Macroeconomics and University of British Columbia (UBC) - Sauder School of Business
Downloads 1,331 (32,658)
Citation 35

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debt pricing, non-financial stakeholders, labor unions, shareholder-bondholder conflicts

4.

Shielding Firm Value: Employment Protection and Process Innovation

Number of pages: 82 Posted: 14 Aug 2018 Last Revised: 11 Aug 2021
Jan Bena, Hernan Ortiz-Molina and Elena Simintzi
University of British Columbia - Sauder School of Business, University of British Columbia (UBC) - Sauder School of Business and University of North Carolina (UNC) at Chapel Hill - Kenan-Flagler Business School
Downloads 1,095 (43,442)
Citation 52

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Process innovation, Knowledge capital, Labor market frictions, Wrongful discharge laws

5.

The Strategic Use of Corporate Cash Holdings in Collective Bargaining with Labor Unions

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 58 Posted: 27 Apr 2007 Last Revised: 28 May 2009
Sandy Klasa, William F. Maxwell and Hernan Ortiz-Molina
University of Arizona - Department of Finance, Southern Methodist University (SMU) - Finance Department and University of British Columbia (UBC) - Sauder School of Business
Downloads 805 (66,474)
Citation 40

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Cash holdings, liquidity policy, hedging, labor unions

6.
Downloads 776 (69,742)
Citation 40

Real Asset Illiquidity and the Cost of Capital

Number of pages: 55 Posted: 04 Jun 2009 Last Revised: 27 Aug 2012
Hernan Ortiz-Molina and Gordon M. Phillips
University of British Columbia (UBC) - Sauder School of Business and Dartmouth College - Tuck School of Business
Downloads 663 (84,284)
Citation 40

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real asset illiquidity, cost of capital, operating inflexibility, financial flexibility

Asset Liquidity and the Cost of Capital

NBER Working Paper No. w15992
Number of pages: 52 Posted: 17 May 2010 Last Revised: 13 Mar 2023
Hernan Ortiz-Molina and Gordon M. Phillips
University of British Columbia (UBC) - Sauder School of Business and Dartmouth College - Tuck School of Business
Downloads 113 (526,177)

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7.

Does Capital Structure Matter in Setting CEO Pay?

Sauder School of Business Working Paper
Number of pages: 59 Posted: 29 Feb 2004
Hernan Ortiz-Molina
University of British Columbia (UBC) - Sauder School of Business
Downloads 657 (86,514)
Citation 1

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Executive compensation, corporate governance, agency problems, capital structure

8.

Do Voting Rights Affect Institutional Investment Decisions? Evidence from Dual-Class Firms

Number of pages: 58 Posted: 08 Dec 2006 Last Revised: 01 Nov 2023
Kai Li, Hernan Ortiz-Molina and Xinlei Shelly Zhao
University of British Columbia (UBC) - Sauder School of Business, University of British Columbia (UBC) - Sauder School of Business and Government of the United States of America - Office of the Comptroller of the Currency (OCC) - Risk Analysis Division
Downloads 601 (96,902)
Citation 13

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corporate governance, dual-class firms, institutional investors, ownership structure, unification, voting rights

9.

Lending to Small Businesses: The Role of Loan Maturity in Addressing Information Problems

Sauder School of Business Working Paper
Number of pages: 37 Posted: 29 Feb 2004
María Fabiana Penas and Hernan Ortiz-Molina
Universidad Torcuato Di Tella and University of British Columbia (UBC) - Sauder School of Business
Downloads 542 (110,415)
Citation 30

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Loan Maturity, Collateral, Small Businesses, Relationship lending

Top-Management Incentives and the Pricing of Corporate Public Debt

Sauder School of Business Working Paper
Number of pages: 49 Posted: 29 Feb 2004
Hernan Ortiz-Molina
University of British Columbia (UBC) - Sauder School of Business
Downloads 409 (153,069)
Citation 16

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Executive compensation, managerial incentives, bond yields, stockholder-bondholder conflicts

Top-Management Incentives and the Pricing of Corporate Public Debt

Posted: 24 Jan 2005
Hernan Ortiz-Molina
University of British Columbia (UBC) - Sauder School of Business

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Managerial incentives, bond yields, stockholder-bondholder conflicts

11.

Pyramidal Ownership and the Creation of New Firms

Number of pages: 69 Posted: 23 Sep 2010 Last Revised: 05 Sep 2012
Jan Bena and Hernan Ortiz-Molina
University of British Columbia - Sauder School of Business and University of British Columbia (UBC) - Sauder School of Business
Downloads 319 (203,200)
Citation 2

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Ownership pyramids, Parent companies, Startups, New firms, Access to capital

12.

Career Concerns of Top Executives, Managerial Ownership and CEO Succession

Sauder School of Business Working Paper
Number of pages: 35 Posted: 28 Feb 2006
M. Martin Boyer and Hernan Ortiz-Molina
HEC Montreal - Department of Finance and University of British Columbia (UBC) - Sauder School of Business
Downloads 286 (228,317)
Citation 2

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Managerial compensation, CEO succession, Portfolio allocation

13.

REGIONAL CLUSTERS AND PRODUCT MARKET OUTCOMES DURING TURBULENT TIMES

Number of pages: 73 Posted: 04 Aug 2022 Last Revised: 03 Feb 2025
Sandy Klasa, Hernan Ortiz-Molina and Matthew Serfling
University of Arizona - Department of Finance, University of British Columbia (UBC) - Sauder School of Business and University of Tennessee
Downloads 246 (266,079)

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regional clusters, competitive advantages, agility and resiliency, firm performance, turbulent times, Great Recession

14.

Average Stock Variance and Market Returns: Evidence of Time-Varying Predictability at the Daily Frequency

Journal of Portfolio Management, Forthcoming, https://doi.org/10.3905/jpm.2011.37.4.086
Posted: 21 May 2019
Huafeng (Jason) Chen, Hernan Ortiz-Molina and Siliang Zhang
Fudan University - Fanhai International School of Finance (FISF), University of British Columbia (UBC) - Sauder School of Business and University of British Columbia (UBC)

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15.

Employee Flight Risk and Capital Structure Decisions

Posted: 20 Dec 2018 Last Revised: 30 Jan 2023
Maryam Fathollahi, Sandy Klasa and Hernan Ortiz-Molina
University of Oklahoma- Division of Finance, University of Arizona - Department of Finance and University of British Columbia (UBC) - Sauder School of Business
Downloads 0 (1,328,375)

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capital structure, labor mobility, exogenous shock, skilled workers, textual analysis, network analysis

16.

Executive Compensation and Capital Structure: The Effects of Convertible Debt and Straight Debt on CEO Pay

Journal of Accounting & Economics, Forthcoming
Posted: 29 Sep 2006
Hernan Ortiz-Molina
University of British Columbia (UBC) - Sauder School of Business

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Executive compensation, agency problems, capital structure