Sandy Klasa

University of Arizona - Department of Finance

McClelland Hall

P.O. Box 210108

Tucson, AZ 85721-0108

United States

SCHOLARLY PAPERS

17

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CITATIONS
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184

Scholarly Papers (17)

1.

Determinants of CEO Pay: A Comparison of ExecuComp and Non-ExecuComp Firms

Accounting Review, Forthcoming
Number of pages: 43 Posted: 14 Dec 2005 Last Revised: 15 Jun 2010
University of Utah - David Eccles School of Business, University of Arizona - Department of Finance and University of Oregon
Downloads 1,561 (7,226)
Citation 17

Abstract:

Executive compensation, Stock options, Ownership structure, Institutional investors

The Limitations of Industry Concentration Measures Constructed with Compustat Data: Implications for Finance Research

Number of pages: 48 Posted: 24 Aug 2006 Last Revised: 26 Jul 2014
Ashiq Ali, Sandy Klasa and P. Eric Yeung
University of Texas at Dallas - Naveen Jindal School of Management, University of Arizona - Department of Finance and Cornell University - Samuel Curtis Johnson Graduate School of Management
Downloads 1,140 (13,012)
Citation 36

Abstract:

Industry concentration, product market competition, finance research

The Limitations of Industry Concentration Measures Constructed with Compustat Data: Implications for Finance Research

Review of Financial Studies, Forthcoming
Posted: 22 Aug 2009
Ashiq Ali, Sandy Klasa and P. Eric Yeung
University of Texas at Dallas - Naveen Jindal School of Management, University of Arizona - Department of Finance and Cornell University - Samuel Curtis Johnson Graduate School of Management

Abstract:

The Limitations of Industry Concentration Measures Constructed with Compustat Data: Implications for Finance Research

The Review of Financial Studies, Vol. 22, Issue 10, pp. 3839-3871, 2009
Posted: 28 Sep 2009
Ashiq Ali, Sandy Klasa and P. Eric Yeung
University of Texas at Dallas - Naveen Jindal School of Management, University of Arizona - Department of Finance and Cornell University - Samuel Curtis Johnson Graduate School of Management

Abstract:

G10, G30, L10

3.

Do Firms Have Leverage Targets? Evidence from Acquisitions

Journal of Financial Economics, Forthcoming
Number of pages: 38 Posted: 15 Mar 2006 Last Revised: 28 May 2009
Jarrad Harford, Sandy Klasa and Nathan Walcott
University of Washington, University of Arizona - Department of Finance and Washington State University
Downloads 1,061 (13,330)
Citation 31

Abstract:

Capital structure, target leverage, mergers, acquisitions

4.

The Influence of Product Market Dynamics on the Firm's Cash Holdings and Hedging Behavior

Journal of Financial Economics, Forthcoming
Number of pages: 47 Posted: 10 Mar 2005
Pennsylvania State University - Mary Jean and Frank P. Smeal College of Business Administration, University of Arizona - Department of Finance and SMU - Cox School
Downloads 1,022 (14,491)
Citation 26

Abstract:

Cash holdings, hedging, financing constraints, risk management, intra-industry equilibrium

5.

Refinancing Risk and Cash Holdings

Journal of Finance, Forthcoming
Number of pages: 55 Posted: 18 Apr 2011 Last Revised: 31 May 2013
University of Washington, University of Arizona - Department of Finance and SMU - Cox School
Downloads 985 (13,922)
Citation 7

Abstract:

Cash Holdings, Refinancing Risk, Debt Maturity

6.

Corporate Suppliers and Customers and Accounting Conservatism

Number of pages: 46 Posted: 01 Jul 2009 Last Revised: 13 Nov 2011
Kai Wai Hui, Sandy Klasa and P. Eric Yeung
The University of Hong Kong (HKU) - Department of Accounting, University of Arizona - Department of Finance and Cornell University - Samuel Curtis Johnson Graduate School of Management
Downloads 923 (17,032)
Citation 9

Abstract:

Financial disclosures, Conservatism, Suppliers, Customers

7.

The Strategic Use of Corporate Cash Holdings in Collective Bargaining with Labor Unions

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 58 Posted: 27 Apr 2007 Last Revised: 28 May 2009
University of Arizona - Department of Finance, SMU - Cox School and University of British Columbia (UBC) - Sauder School of Business
Downloads 590 (31,752)
Citation 28

Abstract:

Cash holdings, liquidity policy, hedging, labor unions

8.

Industry Concentration and Corporate Disclosure Policy

Journal of Accounting & Economics (JAE), Forthcoming
Number of pages: 62 Posted: 24 Oct 2010 Last Revised: 16 May 2014
Ashiq Ali, Sandy Klasa and P. Eric Yeung
University of Texas at Dallas - Naveen Jindal School of Management, University of Arizona - Department of Finance and Cornell University - Samuel Curtis Johnson Graduate School of Management
Downloads 462 (39,485)
Citation 2

Abstract:

Disclosure Policy, Oligopoly, Industry Concentration

9.

Are Ex-Ante CEO Severance Pay Contracts Consistent with Efficient Contracting?

Journal of Financial and Quantitative Analysis (JFQA), Vol. 51, No. 3, 2016
Number of pages: 52 Posted: 28 Feb 2011 Last Revised: 05 Aug 2016
University of Utah - David Eccles School of Business, University of Georgia - J.M. Tull School of Accounting and University of Arizona - Department of Finance
Downloads 461 (31,402)
Citation 1

Abstract:

CEO Turnover, CEO Compensation, Efficient Contracting

10.

The Use of Escrow Contracts in Acquisition Agreements

Number of pages: 49 Posted: 29 May 2013 Last Revised: 07 Sep 2016
Sanjai Bhagat, Sandy Klasa and Lubomir P. Litov
University of Colorado at Boulder - Department of Finance, University of Arizona - Department of Finance and University of Oklahoma - Michael F. Price College of Business
Downloads 445 (47,301)

Abstract:

mergers and acquisitions, escrow contracts, financial contracting

11.

Takeover Activity as a Response to Time-Varying Changes in Investment Opportunity Sets: Evidence from Takeover Sequences

Financial Management, Forthcoming
Number of pages: 48 Posted: 19 Oct 2004
Sandy Klasa and Mike Stegemoller
University of Arizona - Department of Finance and Baylor University
Downloads 391 (56,281)
Citation 10

Abstract:

12.

Institutional Stakeholdings and Better-Informed Traders at Earnings Announcements

Journal of Accounting and Economics, Forthcoming
Number of pages: 44 Posted: 03 Jun 2004 Last Revised: 02 Jul 2008
Ashiq Ali, Sandy Klasa and Oliver Zhen Li
University of Texas at Dallas - Naveen Jindal School of Management, University of Arizona - Department of Finance and National University of Singapore
Downloads 381 (54,002)
Citation 9

Abstract:

institutional investors, informed traders, trading volume

13.

Why Do Controlling Families of Public Firms Sell Their Remaining Ownership Stake?

Journal of Financial and Quantitative Analysis, Forthcoming
Number of pages: 51 Posted: 10 Jun 2005
Sandy Klasa
University of Arizona - Department of Finance
Downloads 362 (60,945)
Citation 7

Abstract:

Ownership structure, capital structure, corporate governance, mergers and acquisitions

14.

Protection of Trade Secrets and Capital Structure Decisions

Number of pages: 82 Posted: 21 May 2014 Last Revised: 04 Aug 2016
University of Arizona - Department of Finance, University of British Columbia (UBC) - Sauder School of Business, University of Tennessee and SUNY Binghamton
Downloads 281 (26,503)

Abstract:

capital structure, trade secrets, intellectual property, product market competition

15.

Informed Trading Reactions to New Private Information: Evidence from Nonpublic Merger Negotiations

Number of pages: 54 Posted: 15 Nov 2011 Last Revised: 15 Jun 2016
Shane Heitzman and Sandy Klasa
University of Southern California - Marshall School of Business and University of Arizona - Department of Finance
Downloads 231 (77,801)

Abstract:

Mergers, acquisitions, private information, insider trading, price formation, negotiations

16.

What Determines the Composition of a Firm's Total Cash Reserves?

Number of pages: 59 Posted: 07 Feb 2014 Last Revised: 02 Mar 2016
Texas Tech University, Washington State University and University of Arizona - Department of Finance
Downloads 156 (93,663)
Citation 1

Abstract:

Cash holdings, corporate liquidity management, credit lines

17.

Differential Precision of Predisclosure Information across Traders and Trading Volume at Earnings Announcements

Number of pages: 36 Posted: 13 Sep 2004
Ashiq Ali, Sandy Klasa and Oliver Zhen Li
University of Texas at Dallas - Naveen Jindal School of Management, University of Arizona - Department of Finance and National University of Singapore
Downloads 76 (244,607)

Abstract: