Research


Published Papers

 

“Reversing the Decline of Canadian Public Markets”
2021, The School of Public Policy Research Paper (University of Calgary), Volume 14:13 (April 2021), (with Bryce Tingle)

Elite Law Firms in the IPO Market”
2019, Journal of Banking and Finance, 107 (October 2019), pp. 1-17 (with Pablo Moran)

“Can Spending Time in the Minors Pay Off? An Examination of the Canadian Junior Public Equity Markets”
2018, Journal of Small Business Management, 56 (S1), pp. 88-107 (with Michele Meoli, Michael J. Robinson, and Silvio Vismara)

“The Role of Agents in Private Entrepreneurial Finance”
2015, Entrepreneurship Theory and Practice, 39 (2), pp. 345-374 (with Douglas Cumming and Michael J. Robinson)

“Is Effective Junior Equity Market Regulation Possible?”
2014, Financial Analysts Journal, 70 (4), pp. 42-54 (with Michael J. Robinson)

“The IPO Market in Canada: What a Comparison with the United States Tells Us About a Global Problem”
2013, Canadian Business Law Journal, 54 (3), pp. 321-367 (with Bryce C. Tingle and Michael J. Robinson)

“The Wealth Effects of Reducing Private Placement Resale Restrictions”
2011, European Financial Management, 17 (3), pp. 500-531 (with Elizabeth Maynes)

“Underwriter Quality and Long-Run IPO Performance”
2011, Financial Management, 40 (1), pp. 219-251 (with Ming Dong and Jean-Sebastien Michel)

“Bought Deals: The Value of Underwriter Certification in Seasoned Equity Offerings”
2010, Journal of Banking and Finance, 34 (7), pp. 1576-1589

 

Textbooks

 

“Fundamentals of Corporate Finance”
2022, 11th Canadian Edition, McGraw-Hill Education, with Stephen A. Ross, Randolph Westerfield, Bradford D. Jordan, J. Ari Pandes, and Thomas Holloway

“Fundamentals of Corporate Finance”
2019, 10th Canadian Edition, McGraw-Hill Education, with Stephen A. Ross, Randolph Westerfield, Bradford D. Jordan, Gordon S. Roberts, J. Ari Pandes, and Thomas Holloway

 

Book Chapters

 

“Is Exchange Regulation Effective for Junior Public Equity Markets?” 2018, in Douglas Cumming and Sofia Johan (Eds.), The Oxford Handbook of IPOs, New York: Oxford University Press, pp. 487-505 (with Michael J. Robinson)

“The Canadian Junior IPO Market and the Capital Pool Company Program”
2013, in Mario Levis and Silvio Vismara (Eds.), Handbook of Research on IPOs, London: Edward Elgar, pp. 124-140 (with Michael J. Robinson)

 

Completed Working Papers

 

“Does Limited Liability Matter? Evidence from a Quasi-Natural Experiment”
Working Paper, University of Calgary (with Yrjo Koskinen and Nga Nguyen)

Online Appendix

“If You Want to Maximize Profits, Manage for the Long-term”
Working Paper, University of Calgary (with Yrjo Koskinen and Shuai Yang)

“Analyst Herding and Short-Term Reversals”
Working Paper, University of Calgary and HEC Montreal (with Jean-Sebastien Michel)