Jie Cai

Drexel University

Assistant Professor

LeBow College of Business

Philadelphia, PA 19104

United States

http://faculty.lebow.drexel.edu/CaiJ/

SCHOLARLY PAPERS

19

DOWNLOADS
Rank 2,473

SSRN RANKINGS

Top 2,473

in Total Papers Downloads

11,576

CITATIONS
Rank 3,213

SSRN RANKINGS

Top 3,213

in Total Papers Citations

171

Scholarly Papers (19)

1.
Downloads 2,813 ( 3,057)
Citation 37

Shareholders' Say on Pay: Does it Create Value?

Journal of Financial and Quantitative Analysis (JFQA), Forthcoming, Drexel College of Business Research Paper No. 2008-06
Number of pages: 65 Posted: 20 Nov 2007 Last Revised: 12 Nov 2009
Jie Cai and Ralph A. Walkling
Drexel University and Drexel University - Lebow College of Business
Downloads 2,142 (4,760)
Citation 37

Abstract:

Say on Pay, Executive compensation, Shareholder Activism, Access to Proxy

Shareholders' Say on Pay: Does it Create Value?

Journal of Financial and Quantitative Analysis (JFQA), Forthcoming
Number of pages: 65 Posted: 16 Feb 2009 Last Revised: 12 Nov 2009
Jie Cai and Ralph A. Walkling
Drexel University and Drexel University - Lebow College of Business
Downloads 410 (56,385)
Citation 37

Abstract:

Say on Pay, Executive compensation, Shareholder Activism, Access to Proxy

Shareholders' Say on Pay: Does it Create Value?

AFA 2009 San Francisco Meetings Paper
Number of pages: 58 Posted: 25 Mar 2008 Last Revised: 28 Jul 2011
Jie Cai and Ralph A. Walkling
Drexel University and Drexel University - Lebow College of Business
Downloads 261 (94,966)
Citation 37

Abstract:

Say on Pay, Executive compensation, Shareholder Activism, Access to Proxy

2.

Capital Structure Dynamics and Stock Returns

Number of pages: 37 Posted: 17 Mar 2006
Jie Cai and Zhe Zhang
Drexel University and Singapore Management University
Downloads 1,430 (8,308)

Abstract:

Capital structure, leverage change, stock returns, pecking-order, trade-off models

3.
Downloads 1,573 ( 8,260)
Citation 10

Information Asymmetry and Corporate Governance

Forthcoming at Quarterly Journal of Finance
Number of pages: 38 Posted: 21 Mar 2008 Last Revised: 02 Feb 2016
Drexel University, University of Iowa - Department of Finance, University of New Hampshire and University of Saskatchewan - Edwards School of Business
Downloads 1,573 (8,095)
Citation 9

Abstract:

corporate governance, asymmetric information, board monitoring, pay-for performance, anti-takeover provisions

4.
Downloads 1,014 ( 16,579)
Citation 2

Leverage Change, Debt Capacity, and Stock Prices

Number of pages: 45 Posted: 25 Mar 2008 Last Revised: 15 Nov 2013
Jie Cai and Zhe Zhang
Drexel University and Singapore Management University
Downloads 779 (24,118)
Citation 2

Abstract:

Leverage, Debt Capacity, Stock Prices, Pecking Order

Leverage Change, Debt Capacity, and Stock Prices

Number of pages: 42 Posted: 07 Mar 2008
Zhe Zhang and Jie Cai
Singapore Management University and Drexel University
Downloads 235 (106,038)
Citation 2

Abstract:

Leverage, Debt Capacity, Stock Prices, Pecking Order

5.

Electing Directors

Journal of Finance, Forthcoming
Number of pages: 76 Posted: 19 Mar 2008 Last Revised: 10 Nov 2008
Drexel University, Mississippi State University - Department of Finance and Economics and Drexel University - Lebow College of Business
Downloads 744 (22,682)
Citation 53

Abstract:

Board of directors, election of directors

6.

Index Rebalancing and Long-Term Portfolio Performance

Number of pages: 27 Posted: 20 Mar 2007
Jie Cai and Todd Houge
Drexel University and University of Iowa
Downloads 728 (23,277)
Citation 1

Abstract:

Anticipation, Acquisitions and Bidder Returns: Industry Shocks and the Transfer of Information Across Rivals

The Review of Financial Studies, Forthcoming
Number of pages: 58 Posted: 25 Apr 2011 Last Revised: 24 May 2011
Drexel University, San Diego State University - Finance Department and Drexel University - Lebow College of Business
Downloads 178 (138,878)
Citation 15

Abstract:

Mergers and Acquisitions, Anticipation, Information Transfer, Industry Shock, Wealth Effects

8.

Executive Stock Option Exercises: Good Timing or Backdating?

Number of pages: 35 Posted: 21 Dec 2006
Jie Cai
Drexel University
Downloads 520 (40,114)
Citation 8

Abstract:

backdate, executive stock option, option exercise

9.

The Price of Street Friends: Social Networks, Informed Trading, and Shareholder Costs

Journal of Financial and Quantitative Analysis (JFQA), Forthcoming
Number of pages: 62 Posted: 15 Mar 2011 Last Revised: 08 Nov 2014
Jie Cai, Ralph A. Walkling and Ke Yang
Drexel University, Drexel University - Lebow College of Business and Lehigh University
Downloads 389 (36,385)

Abstract:

Social Connections, Informed Trading, Inside Information, Trading Costs

10.
Downloads 321 (72,559)
Citation 8

Abstract:

Executive stock options, executive compensation, restricted stock, option valuation

CEO Compensation and Stock Mispricing: How Do Boards React to Mutual Fund Flow-Driven Price Pressure?

Number of pages: 54 Posted: 20 Nov 2012 Last Revised: 02 Jun 2017
Drexel University, University of Notre Dame and University of Texas at Dallas
Downloads 215 (115,932)

Abstract:

Executive Compensation, Stock Mispricing, Board of Directors, Price Pressure

CEO Compensation and Stock Mispricing: How Do Boards React to Mutual Fund Flow-Driven Price Pressure?

Number of pages: 54 Posted: 23 Sep 2015 Last Revised: 02 Jun 2017
Drexel University, University of Notre Dame and University of Texas at Dallas
Downloads 104 (215,264)

Abstract:

Executive Compensation, Stock Mispricing, Board of Directors, Price Pressure

12.

Incentive Effects of Illiquid Stock and Option Holdings of Target and Acquirer CEOs

Number of pages: 45 Posted: 27 Apr 2004
Jie Cai and Anand M. Vijh
Drexel University and University of Iowa - Department of Finance
Downloads 272 (87,406)
Citation 30

Abstract:

Mergers, acquisitions, managerial incentives, liquidity restrictions, stock and option holdings

13.

A Paper Tiger? An Empirical Analysis of Majority Voting

Journal of Corporate Finance, Vol. 21, 2013
Number of pages: 48 Posted: 18 Apr 2010 Last Revised: 14 Oct 2013
Drexel University, Mississippi State University - Department of Finance and Economics and Drexel University - Lebow College of Business
Downloads 157 (125,941)
Citation 8

Abstract:

Election of Directors, Majority Voting, Shareholder Proposals

14.

Value of Faith: Evidence on Religious Environment and Cost of Debt

Number of pages: 43 Posted: 06 Aug 2013
Jie Cai and Guifeng Shi
Drexel University and Shanghai Jiao Tong University (SJTU)
Downloads 85 (189,255)

Abstract:

Religiosity, Cost of debt, Credit ratings, Covenants

15.

Intolerant Directors: Evidence from the Appointments of Outside Directors Who Have Fired CEOs

FIRS 2015 Reykjavik Meetings Paper
Number of pages: 54 Posted: 30 Oct 2014 Last Revised: 21 Aug 2016
Jie Cai and Tu Nguyen
Drexel University and University of Waterloo - School of Accounting and Finance
Downloads 74 (172,832)

Abstract:

Board of directors, tolerance, risk taking, CEO turnover, director reputation

16.

CEO Stock Ownership Requirements, Risk-Taking, and Compensation

Number of pages: 42 Posted: 10 May 2015 Last Revised: 17 Jun 2017
Neil Brisley, Jie Cai and Tu Nguyen
University of Waterloo - School of Accounting and Finance, Drexel University and University of Waterloo - School of Accounting and Finance
Downloads 58 (166,132)

Abstract:

Stock ownership requirement, Managerial diversification, Risk-taking, Executive compensation

17.

Director Appointments – it is Who You Know

Number of pages: 56 Posted: 18 Mar 2017 Last Revised: 17 Jun 2017
Drexel University, University of Waterloo - School of Accounting and Finance and Drexel University - Lebow College of Business
Downloads 0 (179,109)

Abstract:

Director Appointments, Social Network, Coordination, Agency, Shareholder Vote

18.

Stock Option Grants to Target CEOs during Private Merger Negotiations

Journal of Financial Economics (JFE), Forthcoming
Posted: 22 Apr 2009 Last Revised: 30 Dec 2010
Drexel University - Department of Finance, Drexel University and Cass Business School, City University London

Abstract:

Merger negotiations, Stock options, Takeover premium

19.

Long-Term Impact of Russell 2000 Index Rebalancing

Financial Analysts Journal, Vol. 64, No. 4, 2008
Posted: 24 Sep 2008
Jie Cai and Todd Houge
Drexel University and University of Iowa

Abstract:

Portfolio Management, Equity Strategies, Private Wealth Management, Mutual Fund Studies, Equity Investments, Other

Other Papers (1)

Total Downloads: 33    Citations: 6
1.

Democracy or Disruption: an Empirical Analysis of Majority Elections

Number of pages: 41 Posted: 17 Mar 2006
Drexel University, Mississippi State University - Department of Finance and Economics and Drexel University - Lebow College of Business
Downloads 30
Citation 6

Abstract: