Research
Research is the centerpiece of the Ph.D. program. Students are expected to conduct their own independent projects, but they are also encouraged to work jointly with faculty members and fellow doctoral students. The following is a sampling of recent published research coauthored with current and former Ph.D. students. (*Current and former Ph.D. student names appear in bold; UTK faculty names are italicized).
Haosi (Chelsea) Chen and Andy Puckett, 2023, Do Hedge Funds Value Sell-Side Analysts Differently?, Journal of Banking and Finance 154, 106960.
Peter Dixon and Eric Kelley, 2022, Business Cycle Variation in Short Selling Strategies: Picking During Expansions and Timing During Recessions, Journal of Financial and Quantitative Analysis, 57, 3018-3047.
Peter Dixon, Corbin Fox, and Eric Kelley, 2021, To Own or Not to Own: Stock Loans Around Dividend Payments, Journal of Financial Economics 140, 539-559.
Peter Dixon, 2021, Why Do Short Selling Bans Increase Adverse Selection and Decrease Price Efficiency?, Review of Asset Pricing Studies 11, 122-168.
Haosi (Chelsea) Chen, David Maslar, and Matthew Serfling, 2020, Asset Redeployability and the Choice Between Bank Debt and Public Debt, Journal of Corporate Finance 64, 101678.
Lee Biggerstaff, David Cicero, and M. Babajide Wintoki, 2020, Insider Trading Patterns, Journal of Corporate Finance 64, 101654.
Dallin Alldredge and Brian Blank, 2019, Do Insiders Cluster Trades with Colleagues? Evidence from Daily Insider Trading, Journal of Financial Research 42, 331-360.
Wang, C. Edward and Ramon P. DeGennaro, 2019, Overshooting: Evidence from Share Repurchases and Subsidiary Selling, Review in International Business and Finance 49, 41-54.
Larry Fauver, Michael B. McDonald, and Alvaro Taboada, 2018, Does it Pay to Treat Employees Well? International Evidence on the Value of Employee-Friendly Culture, Journal of Corporate Finance 50, 84-108.
Zhongdong Chen and Phillip Daves, 2018, The January Sentiment Effect in the U.S. Stock Market, International Review of Financial Analysis 59, 94-104.
Zhongdong Chen and Alireza Ebrahim, 2018, Turnover Threat and CEO Risk-Taking Behavior in the Banking Industry, Journal of Banking & Finance 96, 87-105.
Lee Biggerstaff, David Cicero, and Andy Puckett, 2017, FORE! An Analysis of CEO Shirking, Management Science 63, 2049-2395.
Michael B. McDonald and Ramon P. DeGennaro, 2017, A Review of Angel Investing Research: Analysis of Data and Returns in US and Abroad, Studies in Economics and Finance 33, 716-734.
Michael B. McDonald and Ramon DeGennaro, 2017, The State of Research and the Economic Environment in Small-Firm Finance (Chapter 16 in The Most Important Concepts in Finance, Edward Elgin Publishing, 2017).
Dallin Alldredge and David Cicero, 2015, Attentive Insider Trading, Journal of Financial Economics 115, 84-101.
Lee Biggerstaff, David Cicero, and Andy Puckett, 2015, Suspect CEOs, Unethical Culture, and Corporate Misbehavior, Journal of Financial Economics 117, 98-121.
Larry Fauver and Michael B. McDonald, 2015, Culture, Agency Costs, and Governance: International Evidence on Capital Structure, Pacific-Basin Finance Journal 34, 1-23.
Sarah Clinton, Joshua White, and Tracie Woidtke, 2014, Differences in the Information Environment Prior to SEOs under Relaxed Disclosure Regulation, Journal of Accounting and Economics 58, 59-78.
Harold Black, Robert Schweitzer, Joshua White, and Tracie Woidtke, 2014, Appointments of Academic Directors, Journal of Corporate Finance 28, 135-151.
Larry Fauver and Michael B. McDonald, 2014, International Variation in Sin Stocks and Its Effects on Equity Valuation, Journal of Corporate Finance 25, 173-187.