|
 |
Hernan Ortiz-Molina
BS (Buenos Aires), MA (CEMA), PhD (Maryland)
Assistant Professor
| Office:
| Henry Angus 862 | | Phone:
| +1-604-822-6095 | | Fax:
| +1-604-822-4695 | | Email:
| <
hernan.ortiz-molina at sauder.ubc.ca
> |
University of British Columbia
Sauder School of Business
2053 Main Mall, Vancouver BC, V6T 1Z2
|
|
Curriculum Vitae
Personal Homepage
Research Interests
Corporate Finance and Governance, Executive Compensation, Interaction Between Real and Financial Decisions, Cross-Sectional Determinants of Stock Returns.
Selected Publications
Jason Chen,
Marcin Kacperczyk,
and Hernan Ortiz-Molina
“Labor Unions, Operating Flexibility, and the Cost of Equity”
Journal of Financial and Quantitative Analysis, forthcoming
|
Sandy Klasa,
William F. Maxwell,
and Hernan Ortiz-Molina
“The Strategic Use of Corporate Cash Holdings in Collective Bargaining with Labor Unions”
Journal of Financial Economics, forthcoming
|
M. Martin Boyer
and Hernan Ortiz-Molina
“Career Concerns of Top Executives, Managerial Ownership and CEO Succession”
Corporate Governance: An International Review, 16, vol. 3, 2008, 178-193.
|
Kai Li,
Hernan Ortiz-Molina,
and Xinlei Zhao
“Do Shareholder Rights Affect Institutional Investment Decisions? Evidence from Dual-Class Firms”
Financial Management, Winter 2008, 713-745.
|
Hernan Ortiz-Molina
“Executive Compensation and Capital Structure: The Effects of Convertible Debt and Straight Debt”
Journal of Accounting and Economics, Vol. 43, 2007, 69-93.
|
Hernan Ortiz-Molina
and Maria F. Penas
“Lending to Small Businesses: The Role of Loan Maturity in Addressing Information Problems”
Small Business Economics, 30, vol. 4, 361-383.
|
Hernan Ortiz-Molina
“Top-Management Incentives and the Pricing of Corporate Public Debt”
Journal of Financial and Quantitative Analysis, Vol. 41, 2006, 317-340.
Working Papers
|
Jason Chen,
Hernan Ortiz-Molina,
and Stacey Zhang
“Idiosyncratic Risk and Stock Market Returns: Strong Predictability at the Daily Frequency” (2009)
|
Hernan Ortiz-Molina
and Gordon Phillips
“Asset Liquidity and Cost of Capital” (2009)
|
Jason Chen,
Marcin Kacperczyk,
and Hernan Ortiz-Molina
“Do Non-financial Stakeholders Affect Agency Costs of Debt? Evidence from Unionized Workers” (2007)
Awards, Recognitions, and Relations
|
2007 - Winner of the Best Paper Award in Valuation at the Northern Finance Association Meetings 2007.
|
2006 - Winner of the William F. Sharpe Award for the best paper published in the JFQA during the year 2006.
|
|
|
|
