Paul Asquith

Gordon Y Billard Professor of Finance
Professor of Finance

Biography | Selected Publications

Lessons in Finance: Basic Tools. Weiss, Lawrence A. and Paul Asquith. Cambridge, MA: CreateSpace Independent Publishing Platform, 2014.

‚Äč"The Effects of Mandatory Transparency in Financial Market Design: Evidence from the Corporate Bond Market." Asquith, Paul, Thomas Covert and Parag Pathak, NBER Working Paper 19417. September 2013.

“The Market for Borrowing Corporate Bonds,” Asquith, Paul, Andrea Au, Thomas Covert and Parag Pathak. Journal of Financial Economics Vol. 107, No. 1 (2013): 155-182. (2013)

“Rebuttal of Short Sales, Long Sales, and the Lee-Ready Trade Classification Algorithm Revisited." Asquith, Paul, Rebecca Oman  and Christopher Safaya, Working Paper. 2012.

"A Test of IPO Theories Using Reverse Mergers." Asquith, Paul and Kevin Rock. Working Paper. 2011. 

“Short Sales and Trade Classification Algorithms.” Asquith, Paul, Rebecca Oman and Christopher Safaya Journal of Financial Markets Vol. 13, No. 1 (2010): 157-173. (2010)

"Performance Pricing in Debt Contracts." Asquith, Paul, Anne Beatty and Joseph Weber. Journal of Accounting and Economics Vol. 40, No. 1 (2005): 101-128. (2005)

"Short Interest, Institutional Ownership, and Stock Returns." Asquith, Paul, Parag Pathak and Jay Ritter. Journal of Financial Economics Vol. 78 No. 2 (2005): 243-276. (2005)

“Information Content of Equity Analyst Reports." Asquith, Paul, Michael Mikhail and Andrea Au. Journal of Financial Economics Vol. 75, No. 2 (2005): 245-282. (2005)

"Convertible Bonds Are Not Called Late." Asquith, Paul. Journal of Finance Vol. 50, No. 4 (1995): 1275-1289. (1995)

"Anatomy of Financial Distress: An Examination of Junk-Bond Issuers.” Asquith, Paul, Robert Gertner and David Scharfstein. Quarterly Journal of Economics Vol. 109, No. 3 (1994): 625-658. (1994)

"Convertible Debt: Corporate Call Policy, and Voluntary Conversion." Asquith, Paul and David W. Mullins, Jr. Journal of Finance Vol. 46, No. 4 (1991): 1273-1289. (1991)

"Event Risk, Wealth Redistribution, Bond Covenants, and the Return to Existing Bondholders in Corporate Buyouts." Asquith, Paul and Thierry Wizman. Journal of Financial Economics Vol. 46, No. 2 (1990): 689-706. (1990)

"Original Issue High Yield Bonds: Aging Analyses of Defaults, Exchanges, and Calls." Asquith, Paul, David W. Mullins, Jr. and Eric Wolff. Journal of Finance Vol. 44, No. 4 (1989): 923-952.  (1989)

"Earnings and Stock Splits." Asquith, Paul, Paul Healy and Krishna Palepu. Accounting Review Vol. 64, No. 3 (1989): 387-403.  (1989)

"Merger Returns and the Form of Financing." Asquith, Paul, Robert F. Bruner, and David W. Mullins, Jr. Proceedings: CRSP Seminar on the Analysis of Security Prices, May 1987

“Signalling with Dividends, Stock Repurchases, and Equity Issues." Asquith, Paul and David W. Mullins Jr. Financial Management Vol. 15, No. 3 (1986): 27-44. (1986)

"Equity Issues and Offering Dilution." Asquith, Paul and David W. Mullins, Jr. Journal of Financial Economics Vol. 15, No. 1 (1986): 61-89.  (1986)

"Changes in Dividend Policy and Stock Trading Volume." Asquith, Paul and William Krasker. Proceedings: CRSP Seminar on the Analysis of Security Prices Vol. 5, No. 1 (1985): 299-317.  (1985)

"The Gains to Bidding Firms from Merger." Asquith, Paul, Robert F. Bruner and David.W. Mullins, Jr. Journal of Financial Economics Vol. 11, No. 1 (1983): 121-139. (1983)

"Mergers Bids, Market Uncertainty and Stockholder Returns." Asquith, Paul. Journal of Financial Economics Vol. 11, No. 1 (1983): 51-83. (1983)

"The Impact of Initiating Dividend Payments on Shareholder's Wealth." Asquith, Paul and David W. Mullins Jr. Journal of Business Vol. 56, No. 1 (1983): 77-96.  (1983)

"The Impact of Mergers on the Welfare of the Participating Securityholders." Asquith, Paul, and E. Han Kim. Journal of Finance Vol. 37, No. 5 (1982): 1209-1228. (1982)


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