Publications
[1] Religiosity and Risk Taking: Is There a Demand-Side Effect?, Journal of Corporate Finance 71, 2021, 102117
with Thomas Berry-Stoelzle
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.
Working Papers
[1] "Competition and Executive Compensation: Evidence from Pharmaceutical Breakthrough Designations," with Jon Garfinkel, Mosab Hammoudeh, and Erik Lie
NBER Compensation of Top Executives: Determinants and Consequences
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
AEA 2025 Annual Meeting (scheduled)
Stigler Center Affiliate Fellows Conference at University of Chicago (2023)
Media Mentions: Financial Times | Bloomberg Money Stuff
[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
