Jess Cornaggia

Pennsylvania State University - Department of Finance

Associate Professor of Finance

University Park, PA 16802

United States

http://jesscornaggia.com

SCHOLARLY PAPERS

16

DOWNLOADS
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9,073

CITATIONS
Rank 9,342

SSRN RANKINGS

Top 9,342

in Total Papers Citations

47

Scholarly Papers (16)

1.

Credit Ratings across Asset Classes: A Long-Term Perspective

Review of Finance, Forthcoming
Number of pages: 67 Posted: 15 Aug 2011 Last Revised: 04 Jan 2017
Pennsylvania State University - Department of Finance, Pennsylvania State University - Department of Finance and University of Georgia
Downloads 1,407 (6,680)

Abstract:

Credit Ratings, Credit Standards, Rating Agency, Ratings Comparability, Regulatory Capital

2.

Does Banking Competition Affect Innovation?

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 49 Posted: 08 Mar 2012 Last Revised: 13 May 2014
Jess Cornaggia, Yifei Mao, Xuan Tian and Brian Wolfe
Pennsylvania State University - Department of Finance, Cornell University - SC Johnson College of Business - Finance Department, Tsinghua University - PBC School of Finance and State University of New York (SUNY) at Buffalo
Downloads 1,359 (6,080)
Citation 7

Abstract:

Banking competition, Innovation, Access to finance, External finance dependence, Mergers and acquisitions, Economic growth

3.

Estimating the Costs of Issuer-Paid Credit Ratings

Review of Financial Studies 26(10) 2229-2269
Number of pages: 61 Posted: 09 Nov 2010 Last Revised: 18 Mar 2014
Jess Cornaggia and Kimberly Rodgers Cornaggia
Pennsylvania State University - Department of Finance and Pennsylvania State University - Department of Finance
Downloads 750 (22,760)
Citation 6

Abstract:

Corporate Debt, Credit Ratings, NRSROs, Information Intermediary, Capital Markets Regulation

4.

Does Access to External Finance Improve Productivity? Evidence from a Natural Experiment

Journal of Financial Economics (JFE), Vol. 99, No. 1, 2011
Number of pages: 53 Posted: 17 Jan 2008 Last Revised: 23 Sep 2014
Alexander W. Butler and Jess Cornaggia
Rice University - Jesse H. Jones Graduate School of Business and Pennsylvania State University - Department of Finance
Downloads 475 (35,098)
Citation 12

Abstract:

economic growth, access to finance, banking, natural experiment, productivity, crop yields, ethanol

5.

Does Regulatory Certification Affect the Information Content of Credit Ratings?

Management Science, Forthcoming
Number of pages: 47 Posted: 22 Nov 2011 Last Revised: 12 Nov 2014
American University - Department of Finance and Real Estate, Pennsylvania State University - Department of Finance and Pennsylvania State University - Department of Finance
Downloads 460 (34,872)
Citation 5

Abstract:

Credit Ratings, NRSRO, Capital Markets Regulation, Certification

6.

Revolving Doors on Wall Street

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 55 Posted: 23 Sep 2012 Last Revised: 03 Jun 2015
Jess Cornaggia, Kimberly Rodgers Cornaggia and Han Xia
Pennsylvania State University - Department of Finance, Pennsylvania State University - Department of Finance and University of Texas at Dallas - Naveen Jindal School of Management
Downloads 404 (30,572)
Citation 5

Abstract:

Credit Ratings, Capital Markets Regulation, Human Capital, Regulatory Capture, Revolving Door, Credit Analysts, NRSROs, Analyst Labor Market

7.

Corporate Financing Decisions, Managerial Market Timing, and Real Investment

Journal of Financial Economics (JFE), Vol. 101, No. 3, 2011
Number of pages: 52 Posted: 30 Mar 2009 Last Revised: 23 Sep 2014
Rice University - Jesse H. Jones Graduate School of Business, Pennsylvania State University - Department of Finance, Rice University - Jesse H. Jones Graduate School of Business and Rice University - Jesse H. Jones Graduate School of Business
Downloads 383 (57,952)
Citation 5

Abstract:

Market Timing, Financing Decisions, Investment Policy

8.

Credit Ratings and the Cost of Municipal Financing

Review of Financial Studies, forthcoming.
Number of pages: 61 Posted: 01 Aug 2013 Last Revised: 08 Jul 2017
Pennsylvania State University - Department of Finance, Pennsylvania State University - Department of Finance and Michigan State University - Department of Finance
Downloads 329 (33,265)
Citation 1

Abstract:

Credit Ratings, NRSRO, Blind Reliance, Municipal Debt, Information Production, Capital Markets Regulation

9.

Does Risk Management Matter? Evidence from the U.S. Agricultural Industry

Journal of Financial Economics (JFE), 109 (2) 419-440, 2013
Number of pages: 56 Posted: 10 Dec 2008 Last Revised: 23 Sep 2014
Jess Cornaggia
Pennsylvania State University - Department of Finance
Downloads 281 (71,657)
Citation 2

Abstract:

risk management, hedging, productivity, firm value, access to finance, risk

10.

The Value of Access to Finance: Evidence from M&A

Number of pages: 56 Posted: 02 Nov 2014 Last Revised: 14 Jul 2017
Jess Cornaggia and Jay Y. Li
Pennsylvania State University - Department of Finance and City University of Hong Kong
Downloads 242 (106,511)

Abstract:

M&A, Access to finance, Financing synergy, Banking deregulation

11.

Do Local Capital Market Conditions Affect Consumers' Borrowing Decisions?

Management Science, Forthcoming
Number of pages: 33 Posted: 29 Jul 2010 Last Revised: 13 Mar 2015
Alexander W. Butler, Jess Cornaggia and Umit G. Gurun
Rice University - Jesse H. Jones Graduate School of Business, Pennsylvania State University - Department of Finance and University of Texas at Dallas
Downloads 193 (84,501)

Abstract:

Peer-to-peer, Access to finance, Bank competition, Finance-growth nexus, Consumer finance, Household finance

12.

Equity Issues and Returns: Managerial Timing, Reaction, or Both?

Number of pages: 36 Posted: 11 Dec 2008 Last Revised: 04 Mar 2009
Rice University - Jesse H. Jones Graduate School of Business, Pennsylvania State University - Department of Finance, Rice University - Jesse H. Jones Graduate School of Business and Rice University - Jesse H. Jones Graduate School of Business
Downloads 158 (149,867)
Citation 2

Abstract:

13.

Where the Heart Is: Information Production and the Home Bias

Number of pages: 61 Posted: 03 Nov 2014 Last Revised: 14 Mar 2017
Pennsylvania State University - Department of Finance, Pennsylvania State University - Department of Finance and Michigan State University - Department of Finance
Downloads 96 (103,867)

Abstract:

Credit Ratings, Home Bias, Municipal Debt, Information Production, Capital Markets Regulation

14.

Does Initial Placement Matter for Equity Analysts' Forecast Accuracy

Number of pages: 41 Posted: 10 Dec 2008 Last Revised: 22 Nov 2011
Jess Cornaggia and Lin Zou
Pennsylvania State University - Department of Finance and affiliation not provided to SSRN
Downloads 55 (300,795)
Citation 2

Abstract:

15.

IPOs and the Local Economy

Number of pages: 42 Posted: 14 Sep 2017
Pennsylvania State University - Department of Finance, Pennsylvania State University - Smeal College of Business and Pennsylvania State University, Mary Jean and Frank P. Smeal College of Business Administration, Students
Downloads 0 (368,824)

Abstract:

IPO, Economic Growth

16.

The Value of Uninformative Credit Ratings

Number of pages: 38 Posted: 27 Oct 2015
Pennsylvania State University - Department of Finance, Pennsylvania State University - Department of Finance and Pennsylvania State University
Downloads 0 (226,358)

Abstract:

Corporate Debt, Credit Ratings, NRSROs, Information Intermediary, Capital Markets Regulation