Douglas O. Cook

Douglas O. Cook
Professor of Finance and Ehney A. Camp, Jr. Endowed Chair of Finance and Investments
Economics, Finance & Legal Studies
Office: 225 Alston Hall, 205-348-8971
Specialty Areas:
Corporate Finance and Investments, Financial Markets and Institutions, Initial Public Offerings, Capital Structure, Private and Public Debt Markets, Regulation and Corporate Governance.
Education:
University of Michigan (B.S., M.B.A.), University of Texas (Ph.D.).
Honors, Achievements and Affiliations:

Dr. Cook has published in the Journal of Finance, Journal of Financial Economics, Review of Financial Studies, Journal of Financial and Quantitative Analysis, Journal of Business, Financial Management, Journal of Money, Credit and Banking, Journal of Corporate Finance, Journal of Empirical Finance, and Journal of Banking and Finance. His research regarding compliance and disclosure under SEC Rule 10b-18 has been cited in the Federal Register as impacting the new SEC 10b-18 rules. Dr. Cook has been a Senior Fellow at the Whartons School's Financial Institutions Center of the University of Pennsylvania. He has been a Financial Economist at the Office of Thrift Supervision (OTS) where he reviewed the effects of privatizing FNMA and FHLMC for the Secretary of the Treasury and was the OTS representative for inter-agency discussions on regulation and the recourse issue. Prior to joining academia, he was Director of Financial Planning and Analysis at the PYA/Monarch Division of Sara Lee Corporation and held various positions at the Ford Motor Company.

Selected Publications

  • “Corporate Transparency and Firm Growth:  Evidence from Real Estate Investment Trusts (REITS).” (With Heng An and Leonard Zumpano) Real Estate Economics. Fall 2011.
  • “On the Insider Trading of Multi-firm Directors,” (With Huabing (Barbara) Wang.)  Journal of Corporate Finance.  February 2011.
  • “The Impact of Regulation FD On Institutional Investor Informativeness.” (With Tian Tang.) Financial Management. 2010.
  • “On the Decision to Go Public with Dual Class Stock.” (With Onur Arugaslan and Robert Kieschnick.) Journal of Corporate Finance. 2010.
  • “Macroeconomic Conditions and Capital Structure Adjustment Speed.” (With Tian Tang). Journal of Corporate Finance. 2009.
  • “Regression Analysis of Proportions in Finance with Self Selection.” (With Robert Kieschnick and B.D. McCullough.) Journal of Empirical Finance. 2008.
  • “On the Marketing of IPOs.” (With Robert Kieschnick and Robert Van Ness.) Journal of Financial Economics. October 2006.
  • “Monitoring as a Motivation for IPO Underpricing.” (With Onur Arugaslan and Robert Kieschnick.) Journal of Finance. 2004.
  • "On the Timing and Execution of Open Market Repurchases.” (With Laurie Krigman and Chris Leach.) Review of Financial Studies. 2004.
  • "A Study of the Corporate Governance of Thrifts." (With Arthur Hogan and Robert Kieschnick.) Journal of Banking and Finance. 2004.
  • "Safe Harbor or Smoke Screen? Compliance and Disclosure Under SEC Rule 10b-18." (With Laurie Krigman and Chris Leach.) Journal of Business. 2003.
  • "Firm and Guarantor Risk, Risk Contagion and the Interfirm Spread Among Insured Deposits." (With Lewis Spellman.) Journal of Financial and Quantitative Analysis. 1996.
  • "Poison Put Bonds: An Analysis of Their Economic Role." (With John Easterwood.) Journal of Finance.  1994.
  • "Repudiation Risk and Restitution Costs: Toward Understanding CD Premiums and their Implications."  .  (With Lewis Spellman.) Journal of Money, Credit and Banking. 1994.