Michael Kisser

BI Norwegian Business School

Nydalsveien 37

Oslo, 0442

Norway

SCHOLARLY PAPERS

13

DOWNLOADS
Rank 23,275

SSRN RANKINGS

Top 23,275

in Total Papers Downloads

4,676

TOTAL CITATIONS
Rank 30,470

SSRN RANKINGS

Top 30,470

in Total Papers Citations

35

Scholarly Papers (13)

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 1,150 (40,453)
Citation 7

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 614 (93,968)
Citation 6

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3.

The leverage-profitability puzzle ressurected

Review of Finance, forthcoming
Number of pages: 43 Posted: 24 Apr 2018 Last Revised: 20 Oct 2020
B. Espen Eckbo and Michael Kisser
Tuck School of Business at Dartmouth and BI Norwegian Business School
Downloads 512 (118,036)
Citation 2

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

4.

Does mandatory recognition of off-balance sheet liabilities affect capital structure choice? Evidence from SFAS 158 *

Number of pages: 49 Posted: 23 Feb 2019 Last Revised: 18 Apr 2025
Michael Axenrod and Michael Kisser
ESCP Business School and BI Norwegian Business School
Downloads 416 (151,085)

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pension accounting, SFAS 158, recognition, disclosure, defined benefit pension plan, capital structure, covenants, off-balance sheet liabilities, leverage

5.

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 341 (188,446)
Citation 2

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Real Options, Cash Holdings, Payout Policy, Investment

6.
Downloads 313 (206,570)
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
Kiffmeister Consulting and BI Norwegian Business School
Downloads 168 (377,689)

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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
Kiffmeister Consulting and BI Norwegian Business School
Downloads 145 (428,420)
Citation 2

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Asset Securitization, Financial Intermediation, Retention Policy

Rating Through-the-Cycle: Implications for Rating Stability and Accuracy. Empirical evidence

Number of pages: 18 Posted: 02 Mar 2018 Last Revised: 09 Jan 2024
John Kiff and Michael Kisser
Kiffmeister Consulting and BI Norwegian Business School
Downloads 198 (324,890)

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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
Kiffmeister Consulting, BI Norwegian Business School and International Monetary Fund (IMF) - Asia and Pacific Department
Downloads 91 (615,639)
Citation 1

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Credit ratings, Credit rating agencies, Credit rating migration

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, Kiffmeister Consulting and International Monetary Fund (IMF)
Downloads 240 (270,874)
Citation 13

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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, Kiffmeister Consulting and International Monetary Fund (IMF)

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defined benefit pension plan; managerial decisions cash management; investment

9.

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
Kiffmeister Consulting and BI Norwegian Business School
Downloads 224 (290,265)
Citation 2

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Financial Crisis, Securitization, Moral Hazard

10.

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

Number of pages: 46 Posted: 22 Mar 2017 Last Revised: 08 Apr 2022
Michael Kisser and Loreta Rapushi
BI Norwegian Business School and BI Norwegian Business School
Downloads 204 (317,275)

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

11.

The Role of High-Reputation Auditors in Mitigating Tax Avoidance in Private Firms with Concentrated Ownership 

Number of pages: 48 Posted: 30 Sep 2022 Last Revised: 04 Jul 2024
BI Norwegian Business School, BI Norwegian Business School - Department of Accounting, Auditing and Business Analytics and Katholieke Universiteit Leuven (KUL)
Downloads 184 (348,936)

Abstract:

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Auditing, private firms, tax avoidance, ownership concentration, risk aversion, horizontal agency costs

12.

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, Kiffmeister Consulting, International Monetary Fund (IMF) and International Monetary Fund (IMF)
Downloads 115 (513,454)

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

13.

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, Kiffmeister Consulting and International Monetary Fund (IMF)
Downloads 74 (682,584)

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