Michael Kisser

BI Norwegian Business School

Nydalsveien 37

Oslo, 0442

Norway

SCHOLARLY PAPERS

12

DOWNLOADS
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Top 17,953

in Total Papers Downloads

2,909

SSRN CITATIONS
Rank 38,546

SSRN RANKINGS

Top 38,546

in Total Papers Citations

5

CROSSREF CITATIONS

12

Scholarly Papers (12)

1.

Tradeoff Theory and Leverage Dynamics of High-Frequency Debt Issuers

Review of Finance, forthcoming
Number of pages: 56 Posted: 17 Mar 2013 Last Revised: 19 Jun 2020
B. Espen Eckbo and Michael Kisser
Tuck School of Business at Dartmouth and BI Norwegian Business School
Downloads 983 (24,387)
Citation 4

Abstract:

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High-frequency debt issuer, issue costs and benefits, dynamic rebalancing, leverage profitability relation, speed of adjustment, tradeoff theory

2.

What Explains the Gross Profitability Premium?

Number of pages: 28 Posted: 18 Nov 2014
Michael Kisser
BI Norwegian Business School
Downloads 358 (90,190)
Citation 4

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3.

The Real Option Value of Cash

Forthcoming in the Review of Finance
Number of pages: 67 Posted: 12 Dec 2010 Last Revised: 30 Jan 2013
Michael Kisser
BI Norwegian Business School
Downloads 256 (129,802)
Citation 2

Abstract:

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Real Options, Cash Holdings, Payout Policy, Investment

4.
Downloads 246 (135,116)
Citation 2

Asset Securitization and Optimal Retention

IMF Working Paper No. 10/74
Number of pages: 39 Posted: 29 Mar 2010
John Kiff and Michael Kisser
International Monetary Fund and BI Norwegian Business School
Downloads 137 (228,290)

Abstract:

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Asset management, Capital, Economic models, Financial institutions, Loans, Securities markets

Asset Securitization and Optimal Retention

Number of pages: 37 Posted: 17 Mar 2010
John Kiff and Michael Kisser
International Monetary Fund and BI Norwegian Business School
Downloads 109 (271,452)
Citation 1

Abstract:

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Asset Securitization, Financial Intermediation, Retention Policy

5.

The Leverage-Profitability Puzzle Revisited

Tuck School of Business Working Paper No. 3166707
Number of pages: 44 Posted: 24 Apr 2018 Last Revised: 06 Sep 2019
B. Espen Eckbo and Michael Kisser
Tuck School of Business at Dartmouth and BI Norwegian Business School
Downloads 238 (139,542)
Citation 2

Abstract:

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Capital structure, tradeoff theory, dynamic inaction, recapitalizations, leverage-profitbility correlation, pecking order

Do Managers of U.S. Defined Benefit Pension Plan Sponsors Use Regulatory Freedom Strategically?

Number of pages: 52 Posted: 08 Oct 2014 Last Revised: 05 Aug 2017
Michael Kisser, John Kiff and Mauricio Soto
BI Norwegian Business School, International Monetary Fund and International Monetary Fund (IMF)
Downloads 193 (170,007)
Citation 1

Abstract:

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Pension Finance, Defined Benefit Pension Plans, Manipulation, Investment and Cash

Do Managers of U.S. Defined Benefit Pension Plan Sponsors Use Regulatory Freedom Strategically?

Journal of Accounting Research, Vol. 55, No. 5, 2017
Posted: 12 Mar 2018
Michael Kisser, John Kiff and Mauricio Soto
BI Norwegian Business School, International Monetary Fund and International Monetary Fund (IMF)

Abstract:

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defined benefit pension plan; managerial decisions cash management; investment

7.

A Shot at Regulating Securitization

Journal of Financial Stability, Forthcoming
Number of pages: 20 Posted: 16 Jan 2011 Last Revised: 19 Feb 2013
John Kiff and Michael Kisser
International Monetary Fund and BI Norwegian Business School
Downloads 177 (183,871)

Abstract:

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Financial Crisis, Securitization, Moral Hazard

Rating Through-the-Cycle: Implications for Rating Stability and Accuracy

Number of pages: 39 Posted: 02 Mar 2018 Last Revised: 03 Apr 2020
John Kiff and Michael Kisser
International Monetary Fund and BI Norwegian Business School
Downloads 74 (348,272)

Abstract:

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credit ratings, through-the-cycle, rating accuracy, rating stability

Rating Through-the-Cycle: What Does the Concept Imply for Rating Stability and Accuracy?

IMF Working Paper No. 13/64
Number of pages: 30 Posted: 26 Mar 2013
John Kiff, Michael Kisser and Liliana B. Schumacher
International Monetary Fund, BI Norwegian Business School and International Monetary Fund (IMF) - Asia and Pacific Department
Downloads 48 (433,345)
Citation 1

Abstract:

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Credit ratings, Credit rating agencies, Credit rating migration

9.

Does Mandatory Recognition of Off-Balance Sheet Items Affect Capital Structure Choice? Evidence from SFAS 158

Number of pages: 57 Posted: 23 Feb 2019 Last Revised: 26 Jun 2020
Michael Axenrod and Michael Kisser
NHH - Norwegian School of Economics and BI Norwegian Business School
Downloads 102 (282,696)

Abstract:

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SFAS 158, Off-Balance-Sheet Items, Defined Benefit Pension Plan, Leverage, Recognition, Disclosure, Pension Accounting, Capital Structure

10.

The Impact of Longevity Improvements on U.S. Corporate Defined Benefit Pension Plans

IMF Working Paper No. 12/170
Number of pages: 35 Posted: 01 Nov 2012
BI Norwegian Business School, International Monetary Fund, International Monetary Fund (IMF) and International Monetary Fund (IMF)
Downloads 74 (344,564)

Abstract:

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Pension Plans, Longevity Risk, Life Expectancy, Mortality, Corporate Sector, Economic Models, Demographic Economics

11.

Do Pension Plans Strategically Use Regulatory Freedom?

Netspar Discussion Paper No. 05/2015-022
Number of pages: 66 Posted: 25 Aug 2015 Last Revised: 09 Jun 2016
Michael Kisser, John Kiff and Mauricio Soto
BI Norwegian Business School, International Monetary Fund and International Monetary Fund (IMF)
Downloads 42 (449,170)

Abstract:

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12.

Equity Issues, Creditor Control and Market Timing Patterns: Evidence From Leverage Decreasing Recapitalizations

Posted: 22 Mar 2017
Michael Kisser and Loreta Rapushi
BI Norwegian Business School and Norwegian School of Economics (NHH)
Downloads 118

Abstract:

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equity issue; market timing; creditor control; financial reporting conservatism; covenants; pro-forma cash holdings