Sigitas Karpavicius

The University of Adelaide

Senior Lecturer

Adelaide Business School

Level 12, 10 Pulteney Street

Adelaide , SA 5005

Australia

SCHOLARLY PAPERS

17

DOWNLOADS
Rank 36,859

SSRN RANKINGS

Top 36,859

in Total Papers Downloads

2,110

SSRN CITATIONS

4

CROSSREF CITATIONS

2

Scholarly Papers (17)

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
The University of Adelaide and Macquarie University, Macquarie Business School
Downloads 309 (152,468)
Citation 1

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
The University of Adelaide and Macquarie University, Macquarie Business School
Downloads 245 (193,088)

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
The University of Adelaide and Macquarie University, Macquarie Business School
Downloads 212 (221,686)
Citation 1

Abstract:

Loading...

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

4.
Downloads 193 (241,207)
Citation 2

Dividends: Relevance, Rigidity, and Signaling

Number of pages: 56 Posted: 10 Dec 2011 Last Revised: 09 Feb 2014
Sigitas Karpavicius
The University of Adelaide
Downloads 193 (240,969)
Citation 2

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
The University of Adelaide

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
The University of Adelaide and UNSW Business SchoolFinancial Research Network (FIRN)
Downloads 184 (251,622)
Citation 1

Abstract:

Loading...

shelf registration, shelf offering, intra-industry effects

6.

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
The University of Adelaide and UNSW Business SchoolFinancial Research Network (FIRN)
Downloads 159 (285,138)

Abstract:

Loading...

Capital structure, Security issuance, Shelf registration

7.

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
The University of Adelaide
Downloads 146 (305,841)

Abstract:

Loading...

Capital structure, Cost of capital, Time preferences

8.

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 The University of Adelaide
Downloads 138 (319,712)

Abstract:

Loading...

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

9.

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 The University of Adelaide
Downloads 123 (348,775)

Abstract:

Loading...

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

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
University of New South Wales (UNSW)UNSW Business School, The University of Adelaide and UNSW Business SchoolFinancial Research Network (FIRN)
Downloads 90 (431,559)

Abstract:

Loading...

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

11.

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
The University of Adelaide and UNSW Business SchoolFinancial Research Network (FIRN)
Downloads 80 (463,208)

Abstract:

Loading...

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

12.

External Growth Opportunities and a Firm's Financing Policy

Number of pages: 39 Posted: 21 Jan 2016
Sigitas Karpavicius and Fan Yu
The University of Adelaide and Macquarie University, Macquarie Business School
Downloads 79 (466,527)

Abstract:

Loading...

Capital structure, Growth opportunities, Risk preferences

13.

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
The University of Adelaide and Macquarie University, Macquarie Business School
Downloads 71 (495,236)

Abstract:

Loading...

Corporate income tax, Tax deductibility, Interest expenses

14.

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 The University of Adelaide
Downloads 59 (544,176)
Citation 1

Abstract:

Loading...

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

15.

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 The University of Adelaide
Downloads 22 (762,600)

Abstract:

Loading...

Monetary Policy Announcements, Stock Price Volatility, Commercial Banks

16.

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

Posted: 11 Dec 2022 Last Revised: 24 Dec 2022
Jean Canil, Sigitas Karpavicius and Chia-Feng (Jeffrey) Yu
University of Adelaide - Business School, The University of Adelaide and Xi'an Jiaotong-Liverpool University (XJTLU) - International Business School Suzhou (IBSS)

Abstract:

Loading...

Director Election; Majority Voting; CEO Turnover; Firm Performance

17.

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, The University of Adelaide and Xi'an Jiaotong-Liverpool University (XJTLU) - International Business School Suzhou (IBSS)

Abstract:

Loading...

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