Sigitas Karpavicius

University of Adelaide - Business School

SCHOLARLY PAPERS

19

DOWNLOADS
Rank 37,183

SSRN RANKINGS

Top 37,183

in Total Papers Downloads

2,639

SSRN CITATIONS

9

CROSSREF CITATIONS

2

Scholarly Papers (19)

Actions:
Email selected abstracts
1.

How Institutional Monitoring Creates Value: Evidence for the Free Cash Flow Hypothesis

Number of pages: 58 Posted: 17 Aug 2011 Last Revised: 07 Feb 2014
Sigitas Karpavicius and Fan Yu
University of Adelaide - Business School and Macquarie University, Macquarie Business School
Downloads 338 (172,061)
Citation 2

Abstract:

Loading...

Agency problem, Free cash flow hypothesis, Institutional ownership, Cash holdings, Capital structure, Dividends

2.

Dividend Premium: Are Dividend-Paying Stocks Worth More?

Number of pages: 45 Posted: 20 Aug 2015
Sigitas Karpavicius and Fan Yu
University of Adelaide - Business School and Macquarie University, Macquarie Business School
Downloads 285 (206,088)

Abstract:

Loading...

Dividend premium, Dividend policy, Firm value

3.

The Impact of Interest Rates on Firms’ Financing Policies

Number of pages: 75 Posted: 10 Feb 2017 Last Revised: 17 May 2017
Sigitas Karpavicius and Fan Yu
University of Adelaide - Business School and Macquarie University, Macquarie Business School
Downloads 276 (213,007)
Citation 1

Abstract:

Loading...

Interest rates, Firm’s financing decisions, Monetary policy, Recession

4.

Dividends: Relevance, Rigidity, and Signaling

Downloads 213 (273,923)
Citation 4

Dividends: Relevance, Rigidity, and Signaling

Number of pages: 56 Posted: 10 Dec 2011 Last Revised: 09 Feb 2014
Sigitas Karpavicius
University of Adelaide - Business School
Downloads 213 (272,915)
Citation 3

Abstract:

Loading...

Dividend Smoothing, Payout Policy, Signaling Theory, Partial Equilibrium Model

Dividends: Relevance, Rigidity, and Signaling

Journal of Corporate Finance, Vol. 25, 2014
Posted: 10 Feb 2014
Sigitas Karpavicius
University of Adelaide - Business School

Abstract:

Loading...

Dividend smoothing, Payout policy, Signaling theory, Partial equilibrium model

5.

Shelf Registrations and Offerings: Intra-Industry Effects

Number of pages: 40 Posted: 09 Nov 2008 Last Revised: 16 Jun 2010
Sigitas Karpavicius, Jo-Ann Suchard and Jo-Ann Suchard
University of Adelaide - Business School and UNSW Business SchoolFinancial Research Network (FIRN)
Downloads 202 (287,736)
Citation 1

Abstract:

Loading...

shelf registration, shelf offering, intra-industry effects

6.

The Relation between Non-Executive Employee Stock Options and Corporate Innovation: Evidence from FAS 123R

Number of pages: 61 Posted: 24 Aug 2021
Jean Canil and Sigitas Karpavicius
University of Adelaide - Business School and University of Adelaide - Business School
Downloads 191 (302,747)
Citation 5

Abstract:

Loading...

Non-executive options, FAS 123R, Expensing, Patents, Innovation

7.

Conditional Security Choice and the Use of Shelf Offerings

Number of pages: 39 Posted: 14 Feb 2009 Last Revised: 19 Aug 2010
Sigitas Karpavicius, Jo-Ann Suchard and Jo-Ann Suchard
University of Adelaide - Business School and UNSW Business SchoolFinancial Research Network (FIRN)
Downloads 178 (322,437)

Abstract:

Loading...

Capital structure, Security issuance, Shelf registration

8.

The Cost of Capital and Optimal Financing Policy in a Dynamic Setting

Number of pages: 48 Posted: 16 Feb 2013 Last Revised: 20 Jul 2014
Sigitas Karpavicius
University of Adelaide - Business School
Downloads 168 (339,393)

Abstract:

Loading...

Capital structure, Cost of capital, Time preferences

9.

Cash Holding in U.S. Firms: Evidence from FAS 123R

Number of pages: 49 Posted: 21 Jul 2017
Jean Canil and Sigitas Karpavicius
University of Adelaide - Business School and University of Adelaide - Business School
Downloads 166 (342,809)

Abstract:

Loading...

Cash holdings; Stock options; CEO vega; FAS 123R; Expensing

10.

Underwriter Relationships and Shelf Offerings

Journal of Corporate Finance, Forthcoming, 27th Australasian Finance and Banking Conference 2014 Paper
Number of pages: 68 Posted: 15 Mar 2011 Last Revised: 08 Jan 2018
Mark Humphery-Jenner, Mark Humphery-Jenner, Sigitas Karpavicius, Jo-Ann Suchard and Jo-Ann Suchard
University of New South Wales (UNSW)UNSW Business School, University of Adelaide - Business School and UNSW Business SchoolFinancial Research Network (FIRN)
Downloads 110 (473,692)

Abstract:

Loading...

Underwriter services, Firm loyalty, Reputation, Seasoned equity offerings, Issue costs

11.

External Growth Opportunities and a Firm's Financing Policy

Number of pages: 39 Posted: 21 Jan 2016
Sigitas Karpavicius and Fan Yu
University of Adelaide - Business School and Macquarie University, Macquarie Business School
Downloads 98 (513,619)

Abstract:

Loading...

Capital structure, Growth opportunities, Risk preferences

12.

Impact of Cybersecurity Risk on Corporate Payout Policy

Number of pages: 14 Posted: 21 Nov 2023
Andre Perera, Jean Canil and Sigitas Karpavicius
University of Adelaide - Business School, University of Adelaide - Business School and University of Adelaide - Business School
Downloads 93 (531,392)

Abstract:

Loading...

cybersecurity risk; dividends; repurchases; flexibility; substitution

13.

Institutional Ownership and the Rise of Shelf Offerings in U.S. Equity Raisings

Number of pages: 59 Posted: 10 Mar 2010 Last Revised: 19 Sep 2012
Sigitas Karpavicius, Jo-Ann Suchard and Jo-Ann Suchard
University of Adelaide - Business School and UNSW Business SchoolFinancial Research Network (FIRN)
Downloads 92 (535,103)

Abstract:

Loading...

Shelf registration, Seasoned equity offering, Institutional ownership, Earnings management, Asymmetric information

14.

Should Interest Expenses Be Tax Deductible?

Economic Modelling, Forthcoming
Number of pages: 43 Posted: 17 Feb 2013 Last Revised: 20 Dec 2015
Sigitas Karpavicius and Fan Yu
University of Adelaide - Business School and Macquarie University, Macquarie Business School
Downloads 85 (562,074)

Abstract:

Loading...

Corporate income tax, Tax deductibility, Interest expenses

15.

Are Employee Option Proceeds a Source of Finance for Investment?

Number of pages: 43 Posted: 21 Jul 2017
Jean Canil and Sigitas Karpavicius
University of Adelaide - Business School and University of Adelaide - Business School
Downloads 77 (595,287)

Abstract:

Loading...

Options, Executive, Non-executive, Proceeds, SFAS 123R

16.

Does Common Ownership Affect Industry Output and Prices?

Number of pages: 48 Posted: 21 Jul 2023
Sigitas Karpavicius and Fan Yu
University of Adelaide - Business School and Macquarie University, Macquarie Business School
Downloads 34 (851,941)

Abstract:

Loading...

Common ownership, Industry output, Industry price, Modified Herfindahl-Hirschman index delta

17.

The Impact of Monetary Policy Announcements on the Volatility of Australian Banking Stock Prices

Number of pages: 26 Posted: 28 May 2020
Nathan J. Atwood and Sigitas Karpavicius
Bendigo and Adelaide Bank Ltd and University of Adelaide - Business School
Downloads 33 (860,369)

Abstract:

Loading...

Monetary Policy Announcements, Stock Price Volatility, Commercial Banks

18.

Does Job Security Affect Board Monitoring? Evidence from Forced CEO Turnover

Posted: 11 Dec 2022 Last Revised: 12 Sep 2023
Jean Canil, Sigitas Karpavicius and Chia-Feng (Jeffrey) Yu
University of Adelaide - Business School, University of Adelaide - Business School and Xi'an Jiaotong-Liverpool University (XJTLU) - International Business School Suzhou (IBSS)

Abstract:

Loading...

Director Election; Majority Voting; CEO Turnover; Firm Performance

19.

CEO Mobility and Corporate Payouts

Journal of Business Finance and Accounting, Forthcoming.
Posted: 02 May 2022 Last Revised: 15 Mar 2023
Jean Canil, Sigitas Karpavicius and Chia-Feng (Jeffrey) Yu
University of Adelaide - Business School, University of Adelaide - Business School and Xi'an Jiaotong-Liverpool University (XJTLU) - International Business School Suzhou (IBSS)

Abstract:

Loading...

Dividends, Share Repurchase, Managerial Mobility, Inevitable Disclosure Doctrine, Career Concerns