TEACHING

PROFESSIONAL DETAILS

• Ph. D., Finance - University of California, Los Angeles
• M. S., Finance - University of Illinois at Urbana-Champaign

RESEARCH

Refereed Publications (mouse over Journal titles for article abstracts)

• The Specification and Power of Tests to Detect Abnormal Changes in Corporate Investment (with Michael J. Alderson), Journal of Corporate Finance 12, September 2006, 738-760.

• Investment and Financing Activity Following Calls of Convertible Bonds (with Michael J. Alderson and Duane R. Stock), Journal of Banking and Finance 30, March 2006, 895-914.

• Managerial Discretion Costs and the Acquisition of Capital: Evidence from Forced Warrant Exercise (with Michael J. Alderson), Financial Management 32, Spring 2003, 109-126.

• The Long Run Performance of Companies that Withdraw Seasoned Equity Offerings (with Michael J. Alderson), Journal of Financial Research 23, Summer 2000, 157-179.

• "Warm With Sunny Skies:" Disclosure Statement Forecasts (with Stephen P. Ferris and Robert Lawless), The American Bankruptcy Law Journal 73, Fall 1999, 809-836.

• Assessing Postbankruptcy Performance: An Analysis of Reorganized Firms' Cash Flows (with Michael J. Alderson), Financial Management 28, Summer 1999, 68-82.

• The Security Price Effects of Public Debt Defaults, Journal of Financial Research 21, Spring 1998, 17-35.

• The Administrative Costs of Debt Restructurings: Some Recent Evidence, Financial Management 26, Winter 1997, 56-68.

• Liquidation Costs and Accounting Data (with Michael J. Alderson), Financial Management 25, Summer 1996, 25-36.

• Liquidation Costs and Capital Structure (with Michael J. Alderson), Journal of Financial Economics 39, September 1995, 45-69. Reprinted in Empirical Corporate Finance, Vol. 7 of The International Library of Critical Writings in Financial Economics, Richard Roll (series editor) and Michael J. Brennan (editor), Edward Elgar Publishing, May, 2001.

• An Empirical Analysis of Prepackaged Bankruptcy, Financial Management 24, Spring 1995, 3-18.

• Management's Incentives, Equity's Bargaining Power and Deviations from Absolute Priority in Chapter 11 Bankruptcies, Journal of Business 68, April 1995, 161-184.

Other Publications

• How Efficient is The Chapter 11 Bankruptcy Process? Journal of Corporate Renewal, December 1999.

• Lessons on Capital Structure from Chapter 11 Reorganizations (with Michael J. Alderson), Journal of Applied Corporate Finance 8, Winter 1996, 61-72.

• Are Stockholders Better Off When Debt is Restructured Privately? (with Julian Franks and Walter Torous) in Edward Altman, ed., Bankruptcy and Distressed Restructurings: Analytical Issues and Investment Opportunities, (Homewood, IL: Business One Irwin), 1992, 391-400.

FAVORITE RESEARCH AND TEACHING LINKS

	CNN/Money.com
	The Financial Economist's Network
	SEC's EDGAR database - Real Time SEC Filings
XX	Yahoo! Finance
	Nasdaq Stock Market
	New York Stock Exchange
	Stock-Trak

FAVORITE FUN LINKS

	David Letterman's Top 10 List
	The Onion
	The WebMuseum
BBBBBB	The SET Company Home Page
	Latest St. Louis Weather Radar
	Cooking Light Online
	Gevalia Coffee - now this is what I call Java!
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