Thomas J. Boulton

Miami University

Lindmor Professor

3028 Farmer School of Business

Oxford, OH 45056

United States

SCHOLARLY PAPERS

26

DOWNLOADS
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Top 7,774

in Total Papers Downloads

7,294

SSRN CITATIONS
Rank 8,801

SSRN RANKINGS

Top 8,801

in Total Papers Citations

42

CROSSREF CITATIONS

106

Scholarly Papers (26)

1.

Earnings Quality and International IPO Underpricing

The Accounting Review, Vol. 86, No. 2, 2011
Number of pages: 41 Posted: 20 Mar 2007 Last Revised: 27 Jul 2021
Thomas J. Boulton, Scott Smart and Chad J. Zutter
Miami University, Indiana University - Kelley School of Business - Department of Finance and University of Pittsburgh
Downloads 1,024 (26,755)
Citation 6

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International finance, Earnings quality, Initial public offerings, Underpricing, Valuation

2.

IPO Underpricing and International Corporate Governance

Journal of International Business Studies, Vol. 41, February/March, 2010
Number of pages: 38 Posted: 06 Sep 2006 Last Revised: 14 May 2014
Thomas J. Boulton, Scott Smart and Chad J. Zutter
Miami University, Indiana University - Kelley School of Business - Department of Finance and University of Pittsburgh
Downloads 910 (31,678)
Citation 7

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Underpricing, Initial public offerings, International finance, Corporate control, Governance

3.

Investor Awareness or Information Asymmetry? Wikipedia and IPO Underpricing

Financial Review, Vol. 56, No. 3, pp. 535-561 (2021)
Number of pages: 42 Posted: 31 Jan 2017 Last Revised: 12 Jul 2021
Thomas J. Boulton, Bill B. Francis, Thomas Shohfi and Daqi Xin
Miami University, Rensselaer Polytechnic Institute (RPI) - Lally School of Management, Rensselaer Polytechnic Institute (RPI) - Department of Finance and Accounting and Rensselaer Polytechnic Institute (RPI) - Lally School of Management
Downloads 774 (39,550)

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Initial Public Offerings, Investor Attention, Underpricing, Wikipedia

4.

Angels or Sharks? The Role of Personal Characteristics in Angel Investment Decisions

Journal of Small Business Management, Vol. 57, No. 4, pp. 1280-1303, 2019, 2017 Emerging Trends in Entrepreneurial Finance Conference
Number of pages: 44 Posted: 19 Dec 2016 Last Revised: 15 Aug 2020
Thomas J. Boulton, Thomas Shohfi and Pengcheng Zhu
Miami University, Rensselaer Polytechnic Institute (RPI) - Department of Finance and Accounting and affiliation not provided to SSRN
Downloads 620 (53,186)

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Angel Investors, Entrepreneurial Finance, Venture Capital

5.

The Skinny on the 2008 Naked Short Sale Restrictions

Journal of Financial Markets, Vol. 13, No. 4, 2010, Pace University Finance Research Paper No. 2008/04
Number of pages: 44 Posted: 15 Sep 2008 Last Revised: 04 Sep 2019
Thomas J. Boulton and Marcus V. Braga-Alves
Miami University and Pace University - Lubin School of Business
Downloads 596 (55,922)
Citation 6

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Failure to deliver, liquidity, market quality, short sale constraints, stock returns

6.

Acquisition Activity and IPO Underpricing

Financial Management, Vol. 39, Winter, 2010
Number of pages: 48 Posted: 06 Sep 2006 Last Revised: 14 May 2014
Thomas J. Boulton, Scott Smart and Chad J. Zutter
Miami University, Indiana University - Kelley School of Business - Department of Finance and University of Pittsburgh
Downloads 517 (66,751)

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Underpricing, Initial public offerings, Merger and acquisitions, Corporate control, Governance

Failures to Deliver, Short Sale Constraints, and Stock Overvaluation

The Financial Review, Forthcoming, AFA 2012 Chicago Meetings Paper, Pace University Finance Research Paper No. 2010/02
Number of pages: 39 Posted: 17 Mar 2010 Last Revised: 27 Aug 2019
Don M. Autore, Thomas J. Boulton and Marcus V. Braga-Alves
Florida State University - College of Business, Miami University and Pace University - Lubin School of Business
Downloads 421 (84,855)
Citation 7

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Failures to deliver, short interest, institutional ownership, short sale constraints, stock returns

Failures to Deliver, Short Sale Constraints, and Stock Overvaluation

Financial Review, Vol. 50, Issue 2, pp. 143-172, 2015
Number of pages: 30 Posted: 07 Apr 2015
Don M. Autore, Thomas J. Boulton and Marcus V. Braga-Alves
Florida State University - College of Business, Miami University and Pace University - Lubin School of Business
Downloads 0
Citation 2
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failures to deliver, short interest, institutional ownership, short sale constraints, stock returns

8.

Conservatism and International IPO Underpricing

Journal of International Business Studies, Vol. 48, August, 2017, Kelley School of Business Research Paper No. 17-2
Number of pages: 47 Posted: 21 Dec 2016 Last Revised: 28 Mar 2019
Thomas J. Boulton, Scott Smart and Chad J. Zutter
Miami University, Indiana University - Kelley School of Business - Department of Finance and University of Pittsburgh
Downloads 340 (109,261)

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International Finance, Initial Public Offerings, Accounting Conservatism, Underpricing

9.
Downloads 290 (129,583)
Citation 1

The Litigation of Tax Benefit Preservation Plans

Managerial Finance, Vol. 43, 2017
Number of pages: 36 Posted: 09 Jul 2015 Last Revised: 25 Mar 2017
Thomas J. Boulton and Terry Nixon
Miami University and Miami University
Downloads 162 (224,449)

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Delaware Courts, Net operating losses, Poison pill, Section 382, Shareholder rights plan

Tax Benefit Preservation Plans

Number of pages: 36 Posted: 05 Dec 2010 Last Revised: 18 Mar 2021
Thomas J. Boulton and Terry Nixon
Miami University and Miami University
Downloads 128 (271,696)
Citation 1

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Delaware Courts, Net operating losses, Poison pill, Section 382, Shareholder rights plan

10.

Payout Policy in Brazil: Dividends Versus Interest on Equity

Journal of Corporate Finance, Vol. 18, No. 4, 2012, Pace University Finance Research Paper No. 2010/04
Number of pages: 36 Posted: 12 Jun 2010 Last Revised: 24 Oct 2020
Thomas J. Boulton, Marcus V. Braga-Alves and Kuldeep Shastri
Miami University, Pace University - Lubin School of Business and University of Pittsburgh - Finance Group
Downloads 273 (138,054)

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Payout policy, interest on equity, dividends, taxes

11.

The Flash Crash: An Examination of Shareholder Wealth and Market Quality

Journal of Financial Intermediation, Vol. 23, No. 1, 2014, Pace University Finance Research Paper No. 2011/06
Number of pages: 39 Posted: 27 Aug 2011 Last Revised: 27 Aug 2019
Thomas J. Boulton, Marcus V. Braga-Alves and Manoj Kulchania
Miami University, Pace University - Lubin School of Business and Wayne State University - Finance Group
Downloads 231 (162,752)
Citation 2

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Flash Crash, event study, market quality

12.

The Impact of Institutional Quality on Initial Public Offerings

Journal of Economics and Business, Vol. 73, No. 1, 2014
Number of pages: 52 Posted: 23 Apr 2010 Last Revised: 23 Sep 2014
Don M. Autore, Thomas J. Boulton, Scott Smart and Chad J. Zutter
Florida State University - College of Business, Miami University, Indiana University - Kelley School of Business - Department of Finance and University of Pittsburgh
Downloads 209 (179,060)
Citation 2

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International finance, Initial public offerings, Governance, Investor protection

13.

Industrial Diversification and Underpricing of Initial Public Offerings

Financial Management, Vol. 42, No. 3, 2013
Number of pages: 46 Posted: 03 Oct 2007 Last Revised: 11 Aug 2014
Thomas J. Boulton, Scott Smart and Chad J. Zutter
Miami University, Indiana University - Kelley School of Business - Department of Finance and University of Pittsburgh
Downloads 205 (182,234)

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Diversification, Initial Public Offerings, IPO Underpricing

14.

Venture Capital and the Incorporation Decisions of IPO Firms

Journal of Economics and Business, Vol. 62, No. 6, 2010
Number of pages: 48 Posted: 20 Jun 2008 Last Revised: 28 Jun 2011
Thomas J. Boulton
Miami University
Downloads 169 (216,276)

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Governance, Initial public offering, State of incorporation, Venture capital

15.

Does Equity-Based Compensation Make CEOs More Acquisitive?

Journal of Financial Research, Vol. 37, No. 3, 2014, Pace University Finance Research Paper No. 2015/02
Number of pages: 47 Posted: 01 Jul 2014 Last Revised: 24 Oct 2020
Miami University, Pace University - Lubin School of Business and University of Pittsburgh - Finance Group
Downloads 156 (231,386)
Citation 2

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Executive compensation, mergers and acquisitions, risk taking

16.

The Lingering Effects of Country-Level Governance on Cross-Listed Firms

Number of pages: 54 Posted: 23 Jul 2008 Last Revised: 13 Dec 2009
Thomas J. Boulton and Kuldeep Shastri
Miami University and University of Pittsburgh - Finance Group
Downloads 92 (339,519)

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ADR, Trading costs, Information risk, Institutional quality

The Impact of the Corporate Control Market on IPO Decisions

The Financial Review, Vol. 46, No. 2, 2011
Number of pages: 47 Posted: 15 Jun 2009 Last Revised: 27 Jul 2021
Thomas J. Boulton
Miami University
Downloads 88 (352,140)

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corporate control, governance, initial public offering, state of incorporation

The Impact of the Corporate Control Market on IPO Decisions

Financial Review, Vol. 46, Issue 2, pp. 207-232, 2011
Number of pages: 26 Posted: 11 Apr 2011
Thomas J. Boulton
Miami University
Downloads 3 (789,184)
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corporate control, governance, initial public offering, state of incorporation

18.

The Effect of Disclosure Opacity on Trading Opacity: New Evidence from ADR Trades in Dark Pools

Pace University Finance Research Paper No. 2019/01
Number of pages: 64 Posted: 07 May 2019 Last Revised: 24 Oct 2020
Miami University, Pace University - Lubin School of Business and Saint Louis University - Richard A. Chaifetz School of Business
Downloads 86 (353,968)

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Accounting quality, Disclosure, Dark pools, Liquidity, Opacity

19.

The Incentives of Grey Directors: Evidence from Unexpected Executive and Board Chair Turnover

Journal of Corporate Finance, Vol. 28, October, 2014
Number of pages: 36 Posted: 04 Dec 2013 Last Revised: 06 Dec 2014
Miami University, Miami University, Miami University of Ohio - Department of Finance and Miami University
Downloads 80 (369,659)
Citation 2

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Board of directors, corporate governance, executive turnover

20.

ESG Government Risk and International IPO Underpricing

Journal of Corporate Finance, Vol. 67, April, 2021.
Number of pages: 62 Posted: 27 Mar 2021 Last Revised: 21 Apr 2021
Mesirow Financial Investment Management, Miami University, Pace University - Lubin School of Business and Pace University - Lubin School of Business - Department of Finance and Economics
Downloads 48 (480,912)

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ESG, initial public offerings, underpricing

21.

Worldwide Short Selling Regulations and IPO Underpricing

Journal of Corporate Finance, Vol. 62, June, 2020.
Number of pages: 58 Posted: 08 Mar 2020 Last Revised: 21 Apr 2021
Thomas J. Boulton, Scott Smart and Chad J. Zutter
Miami University, Indiana University - Kelley School of Business - Department of Finance and University of Pittsburgh
Downloads 43 (498,288)
Citation 3

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information asymmetry, initial public offerings, international finance, short sale constraints, underpricing

22.

Managerial Confidence and Initial Public Offerings

Journal of Corporate Finance, Vol. 37, 2016, Paris December 2014 Finance Meeting EUROFIDAI - AFFI Paper
Number of pages: 44 Posted: 15 Mar 2012 Last Revised: 24 Oct 2020
Thomas J. Boulton and T. Colin Campbell
Miami University and University of Cincinnati - Department of Finance - Real Estate
Downloads 41 (507,302)
Citation 5

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Initial public offering (IPO), Managerial optimism, Signaling, Underpricing

23.

Short Selling and Dark Pool Volume

Managerial Finance, Vol. 46, 2020
Number of pages: 35 Posted: 12 Jul 2021 Last Revised: 27 Jul 2021
Thomas J. Boulton and Marcus V. Braga-Alves
Miami University and Pace University - Lubin School of Business
Downloads 40 (512,075)

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Dark pools; informed trading; liquidity; short selling; stock returns

24.

Price Stabilization, Short Selling, and IPO Secondary Market Liquidity

Quarterly Review of Economics and Finance, Vol. 76, May 2020, 278–291.
Number of pages: 48 Posted: 01 Oct 2019 Last Revised: 21 Apr 2021
Thomas J. Boulton and Marcus V. Braga-Alves
Miami University and Pace University - Lubin School of Business
Downloads 29 (569,181)

Abstract:

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bid-ask spreads, initial public offering (IPO), failure to deliver, short selling, trading costs

25.

Social Progress, Business Formation, and Access to Investment Capital

Emerging Markets Review, Forthcoming
Number of pages: 49 Posted: 23 Dec 2020 Last Revised: 01 Jun 2021
Thomas J. Boulton
Miami University
Downloads 9 (709,391)

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Initial public offerings; investment capital; business formation; social progress; venture capital

26.

Naked Short Selling and Market Returns

Journal of Portfolio Management, Spring 2012, Vol. 8, No. 3, pp. 133-142., Pace University Finance Research Paper No. 2009/04
Posted: 06 Apr 2009 Last Revised: 24 Oct 2020
Thomas J. Boulton and Marcus V. Braga-Alves
Miami University and Pace University - Lubin School of Business

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Failures to deliver, naked short selling, stock returns