Sandy Klasa

University of Arizona - Department of Finance

McClelland Hall

P.O. Box 210108

Tucson, AZ 85721-0108

United States

SCHOLARLY PAPERS

22

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Top 3,750

in Total Papers Downloads

17,373

SSRN CITATIONS
Rank 2,122

SSRN RANKINGS

Top 2,122

in Total Papers Citations

545

CROSSREF CITATIONS

214

Scholarly Papers (22)

1.

Protection of Trade Secrets and Capital Structure Decisions

Number of pages: 88 Posted: 21 May 2014 Last Revised: 17 May 2018
University of Arizona - Department of Finance, University of British Columbia (UBC) - Sauder School of Business, University of Tennessee and Rutgers School of Business - Camden
Downloads 2,261 (11,597)
Citation 96

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

2.

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 1,872 (15,640)
Citation 11

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Executive compensation, Stock options, Ownership structure, Institutional investors

3.

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 Southern Methodist University (SMU) - Finance Department
Downloads 1,432 (23,581)
Citation 95

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Cash Holdings, Refinancing Risk, Debt Maturity

4.

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 1,414 (24,053)
Citation 19

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Capital structure, target leverage, mergers, acquisitions

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 1,380 (24,515)
Citation 40

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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

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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

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G10, G30, L10

6.

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 Southern Methodist University (SMU) - Finance Department
Downloads 1,221 (29,822)
Citation 14

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

7.

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
University of Hong Kong, University of Arizona - Department of Finance and Cornell University - Samuel Curtis Johnson Graduate School of Management
Downloads 1,156 (32,325)
Citation 20

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Financial disclosures, Conservatism, Suppliers, Customers

8.

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 845 (50,123)
Citation 11

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CEO Turnover, CEO Compensation, Efficient Contracting

9.

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 796 (54,387)
Citation 32

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Disclosure Policy, Oligopoly, Industry Concentration

10.

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, Southern Methodist University (SMU) - Finance Department and University of British Columbia (UBC) - Sauder School of Business
Downloads 780 (55,869)
Citation 37

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Cash holdings, liquidity policy, hedging, labor unions

11.

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 603 (77,875)
Citation 2

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mergers and acquisitions, escrow contracts, financial contracting

12.

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

Number of pages: 76 Posted: 07 Feb 2014 Last Revised: 05 Mar 2021
Texas Tech University, Washington State University and University of Arizona - Department of Finance
Downloads 599 (78,553)
Citation 5

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Cash holdings, credit lines, trade credit, inventories

13.

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

Number of pages: 78 Posted: 15 Nov 2011 Last Revised: 05 Jun 2019
Shane Heitzman and Sandy Klasa
University of Southern California - Marshall School of Business and University of Arizona - Department of Finance
Downloads 530 (91,518)
Citation 8

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

14.

Anticompetitive Effects of Horizontal Acquisitions: The Impact of Within-Industry Product Similarity

Number of pages: 112 Posted: 12 Sep 2018 Last Revised: 18 Apr 2021
University of Oklahoma- Division of Finance, University of Washington and University of Arizona - Department of Finance
Downloads 524 (92,828)
Citation 17

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Horizontal acquisitions, Industry competition, Product similarity

15.

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 (NUS)
Downloads 491 (100,488)
Citation 8

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institutional investors, informed traders, trading volume

16.

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 455 (110,031)
Citation 2

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17.

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 430 (117,580)
Citation 5

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

18.

Temporary Workers and Cash Holdings

Number of pages: 59 Posted: 01 Oct 2020 Last Revised: 26 May 2022
Yonsei University - School of Business, University of Arizona - Department of Finance, University of North Dakota - Department of Economics and Finance and University of Colorado at Boulder - Leeds School of Business
Downloads 183 (280,817)
Citation 1

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cash holdings, liquidity policy, temporary workers, labor unions

19.

Private Merger Negotiation Responses to Ongoing Tax Legislation

Rotman School of Management Working Paper No. 4130342
Number of pages: 50 Posted: 14 Jun 2022 Last Revised: 23 May 2023
University of Toronto - Rotman School of Management, University of Southern California - Marshall School of Business, University of Arizona - Department of Finance and Norwegian School of Economics (NHH)
Downloads 172 (297,996)

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Mergers, Acquisitions, Tax Cuts and Jobs Act (TCJA), Taxes

20.

Regional Clusters and Product Market Outcomes During Turbulent Times

Number of pages: 60 Posted: 04 Aug 2022 Last Revised: 02 Aug 2023
University of Arizona - Department of Finance, University of British Columbia (UBC) - Sauder School of Business and University of Tennessee
Downloads 134 (363,586)

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Regional industry clusters, agglomeration economies, corporate investment policy, product market competition

21.

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 (NUS)
Downloads 95 (465,846)

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22.

Employee Flight Risk and Capital Structure Decisions

Posted: 20 Dec 2018 Last Revised: 30 Jan 2023
University of Oklahoma- Division of Finance, University of Arizona - Department of Finance and University of British Columbia (UBC) - Sauder School of Business
Downloads 0 (1,057,334)

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capital structure, labor mobility, exogenous shock, skilled workers, textual analysis, network analysis