Working Papers

[1] "Competition and Executive Compensation: Evidence from Pharmaceutical Breakthrough Designations," with Jon Garfinkel, Mosab Hammoudeh, and Erik Lie

• AFA 2024

• NBER Compensation of Top Executives: Determinants and Consequences, 2023

• Semi-finalist of Best Paper Award FMA 2023

[2] "Watching the Watchdogs: Tracking SEC Inquiries using Geolocation Data," with Will Gerken, Marcus Painter, and Guangli Zhang 

• FRA 2024

• AEA 2025

• SSRN Top Ten Downloads

• Media Mentions: Financial Times  |  Bloomberg  |  Money Stuff: The Podcast  |  Fast Company  |  Marginal Revolution |  Columbia Law Blue Sky Blog  |  The Daily Upside   |  Daily Update Securities Docket  |  TechSpot

[3] "Dual Ownership as a Solution to Risk Shifting: Evidence from Loan Covenant Violations," with Eric McKee and Tyson Van Alfen

[4] "The Effect of the Pay Ratio Mandate on CEO Compensation"

• Best Paper Award, Department of Finance, Tippie College of Business, University of Iowa

Publications

[1] Religiosity and Risk Taking: Is There a Demand-Side Effect?, Journal of Corporate Finance 71, 2021, 102117

with Thomas Berry-Stoelzle

Internet Appendix

Summary: Religiosity at a firm’s headquarters and in its largest geographic market both negatively affect firm risk taking. For firms with a single dominant market, the influence of market religiosity is similar in magnitude to that of headquarter religiosity. Our results suggest that firm risk-taking is influenced by the religiosity-driven demands of customers.