Hamed Mahmudi
Assistant Professor of Finance &
SWUFE-University of Delaware Joint Educational Institute Research Fellow
Lerner College of Business and Economics
University of Delaware
hmahmudi@udel.edu
Publications
Director Networks and Firm Value, (with Tor-Erik Bakke, Jeff Black and Scott Linn), Journal of Corporate Finance, 2024, 85, 102545.
Foreign Competition and CEO Risk-Incentive Compensation, (with Tor-Erik Bakke, Felix Zhiyu Feng and Heqing Zhu), Journal of Corporate Finance, 2022, 76, 102241.
Why Are Bidder Termination Provisions Included In Takeovers?, (with Zhiyao Chen, Aazam Virani and Xiaofei Zhao), Journal of Financial and Quantitative Analysis, 2022, 57(7) 2860-2896 .
Does Independent Advice to the Board Affect CEO Compensation?, (with Tor-Erik Bakke), Journal of Financial and Quantitative Analysis, 2021, 56(2) 693-744.
Performance Peer Groups in CEO Compensation Contracts, (with Tor-Erik Bakke and Ashley Newton), Financial Management, 2020, 49(4) 997-1027.
Collective Action and Governance Activism, (with Craig Doidge, Alexander Dyck and Aazam Virani), Review of Finance, 2019, 23(5) 893-933.
The Causal Effect of Option Pay on Corporate Risk Management, (with Tor-Erik Bakke, Chitru Fernando and Jesus Salas), Journal of Financial Economics, 2016, 120, 623-643.
Corporate Payout Policy, Cash Savings, and The Cost of Consistency: Evidence from a Structural Estimation, (with Michael Pavlin), Financial Management, 2013, 42(4) 843-874.
Working Papers
Does Corporate Political Spending Advance Shareholder Interests? Evidence from Dodd-Frank Clawback Regulation, April 2022, (with Tor-Erik Bakke and Aazam Virani), Journal of Accounting Research, revise and resubmit (3rd round).
The Impact of a Principles-based Approach to Director Gender Diversity, May 2024, (with Tor-Erik Bakke, Laura Field and Aazam Virani), Journal of Accounting and Economics, revise and resubmit.
The Value Implications of Mandatory Clawback Provisions, January 2023, (with Tor-Erik Bakke and Aazam Virani), Journal of Law and Economics, revise and resubmit.
Growth-promoting Bonuses and Mergers and Acquisitions , January 2024, (with Tor-Erik Bakke, Mathias Kronlund and Aazam Virani).
Politicization of the Supreme Court and Firm Value: Evidence from Ruth Bader Ginsburg's Death, January 2023, (with Tor-Erik Bakke, Aazam Virani and Song Zhang).
Permanent Working Paper
Backdating Executive Stock Options: Is it all Agency?, March 2019, (with Huasheng Gao).