Portrait Photo

Joel F Houston

Eugene F. Brigham Chair in Finance

University of Florida
Warrington College of Business
Finance, Insurance and Real Estate Department
Stuzin Hall 303D
PO Box 117168
Gainesville, FL 32611

(352) 392-7546
Email | Homepage

Education

  • PhD - The Wharton School, University of Pennsylvania, 1986
  • MA - The Wharton School, University of Pennsylvania, 1984
  • BA - Franklin and Marshall College, 1982

Research Areas

  • Financial Markets and Institutions
  • Corporate Finance
  • Executive Compensation
  • Mergers and Acquisitions

Corporate Borrower Nationality and Global Presence: Cross Country Evidence on the Pricing of Syndicated Bank Loans
Accepted Year: 2011
Authors: J. Itzkowitz, A. Naranjo, James Barth, Chane Lin, Clas Wihlborg, Joel Houston


Banking and Finance
Published Year: 1995
Authors: M. Flannery, Joel Houston

Impact of Regulations on Thrift Profitability and Viability
Published Year: 1990
Authors: A. Heggestad, Joel Houston

Litigation Risk and Voluntary Disclosure: Evidence from Legal Changes
Journal: Accounting Review
Accepted Year: 2018
Authors: Joel Houston, Chen Lin, Sibo Liu, Lai Wei


Shareholder Protection and the Cost of Capital
Journal: Journal of Law and Economics
Accepted Year: 2018
Authors: Joel Houston, Chen Lin, Wensi Xie


Social Networks in the Global Banking Sector
Journal: Journal of Accounting & Economics
Accepted Year: 2017
Authors: Joel Houston, Jongsub Lee, Felix Suntheim


Borrowing beyond borders: Foreign assets, lender choice, and loan pricing in the syndicated bank loan market
Journal: Journal of Corporate Finance
Published Year: 2017
Authors: Joel Houston, Jennifer Itzkowitz, Andy Naranjo


Borrowing beyond Borders: the Geography and Pricing of Syndicated Bank Loans
Journal: Journal of Corporate Finance
Published Year: 2017
Authors: J. Itzkowitz, A. Naranjo, Joel Houston


The Financial Implications of Supply Chain Changes
Journal: Management Science
Accepted Year: 2015
Authors: Chen Lin, Zhongyan Zhu, Joel Houston


CEO Altruism, Reputation, and Shareholder Interests in Corporate Socially Responsible Investments
Journal: Journal of Corporate Finance
Accepted Year: 2014
Authors: Richard b Borghesi, Andy Naranjo, Joel Houston


Corporate socially responsible investments: CEO altruism, reputation, and shareholder interests
Journal: Journal of Corporate Finance
Published Year: 2014
Authors: Richard Borghesi, Joel Houston, Andy Naranjo


Political Connections and the Cost of Bank Loans
Journal: Journal of Accounting Research
Accepted Year: 2013
Authors: Liangliang Jiang, Chen Lin, Yue Ma, Joel Houston


Regulatory Arbitrage and International Bank Flows
Journal: Journal of Finance
Accepted Year: 2012
Authors: Chen Lin, Yue Ma, Joel Houston


What Motivates Corporate Managers to Make Socially Responsible Investments?
Journal: SSRN Electronic Journal
Published Year: 2012
Authors: Richard Borghesi, Joel Houston, Andy Naranjo


Media Ownership, Concentration and Corruption in Bank Lending
Journal: Journal of Financial Economics
Accepted Year: 2011
Authors: C. Lin, Y. Ma, Joel Houston


Credit Default Swaps are Viable Substitutes for Credit Ratings
Journal: University of Pennsylvania Law Review
Published Year: 2010
Authors: M. Flannery, F. Partnoy, Joel Houston


Creditor Rights, information sharing, and bank risk taking
Journal: Journal of Financial Economics
Published Year: 2010
Authors: C. Lin, P. Lin, Y. Ma, Joel Houston


To Guide or Not to Guide? Causes and Consequences of Stopping Quarterly Earnings Guidance
Journal: Contemporary Accounting Research
Published Year: 2010
Authors: B. Lev, J. Tucker, Joel Houston


Value, Survival and The Evolution of Firm Organizational Structure
Journal: Financial Management
Published Year: 2007
Authors: R. Borghesi, A. Naranjo, Joel Houston


Value, Survival, and the Evolution of Firm Organizational Structure
Journal: Financial Management
Published Year: 2007
Authors: Richard Borghesi, Joel Houston, Andy Naranjo


Borrowing Beyond Borders: The Geography and Pricing of Syndicated Bank Loans
Journal: SSRN Electronic Journal
Published Year: 2007
Authors: Joel Houston, Jennifer Itzkowitz, Andy Naranjo


What A Difference a Month Makes: Stock Analyst Valuations Following Initial Public Offerings
Journal: Journal of Financial and Quantitative Analysis
Published Year: 2006
Authors: C. James, J. Karceski, Joel Houston


Cross-Country Evidence on the Value of Corporate Industrial and International Diversification
Journal: Journal of Corporate Finance
Published Year: 2004
Authors: L. Fauver, A. Naranjo, Joel Houston


Cross-country evidence on the value of corporate industrial and international diversification
Journal: Journal of Corporate Finance
Published Year: 2004
Authors: Larry Fauver, Joel Houston, Andy Naranjo


Capital Market Development, International Integration, Legal Systems, and the Value of Corporate Diversification: A Cross-Country Analysis
Journal: The Journal of Financial and Quantitative Analysis
Published Year: 2003
Authors: Larry Fauver, Joel Houston, Andy Naranjo


Capital Market Development, Legal Systems and the Value of Corporate Diversification: A Cross- Country Analysis
Journal: Journal of Financial and Quantitative Analysis
Published Year: 2003
Authors: L. Fauver, A. Naranjo, Joel Houston


Capital Market Development, Integration, Legal Systems, and the Value of Corporate Diversification: A Cross-Country Analysis
Journal: SSRN Electronic Journal
Published Year: 2002
Authors: Larry Fauver, Joel Houston, Andy Naranjo


Do Relationships Have Limits? Banking Relationships, Financial Constraints and Investment
Journal: Journal of Business
Published Year: 2001
Authors: C. James, Joel Houston


Where Do Merger Gains Come From? Bank Mergers From the Perspective of Insiders and Outsiders
Journal: Journal of Financial Economics
Published Year: 2001
Authors: C. James, M. Ryngaert, Joel Houston


Market Responses to Federal Examinations of Commercial Banking Firms
Journal: Journal of Money, Credit and Banking
Published Year: 1999
Authors: M. Flannery, Joel Houston


The Role of Managerial Incentives in Bank Acquisitions
Journal: Journal of Banking & Finance
Published Year: 1999
Authors: C. Hadlock, M. Ryngaert, Joel Houston


Do Bank Internal Capital Markets Promote Lending?
Journal: Journal of Banking & Finance
Published Year: 1998
Authors: C. James, Joel Houston


How Banks Use Internal Capital Markets to Lower Capital Costs
Journal: Journal of Applied Corporate Finance
Published Year: 1998
Authors: C. James, Joel Houston


Equity Issuance and Adverse Selection: A Direct Test Using Conditional Stock Offers
Journal: Journal of Finance
Published Year: 1997
Authors: M. Ryngaert, Joel Houston


Capital Market Frictions and the Role of Internal Capital Markets in Banking
Journal: Journal of Financial Economics
Published Year: 1997
Authors: C. James, D. Marcus, Joel Houston


Bank Information Monopolies and the Determinants of the Mix of Private and Public Debt Claims
Journal: Journal of Finance
Published Year: 1996
Authors: C. James, Joel Houston


CEO Compensation and Bank Risk: Is Compensation in Banking Structured to Promote Risk-Taking?
Journal: Journal of Monetary Economics
Published Year: 1996
Authors: C. James, Joel Houston


Evolution or Extinction: Where are Banks Headed?
Journal: Journal of Applied Corporate Finance
Published Year: 1996
Authors: C. James, Joel Houston


Liquidation under Moral Hazard: The Incentive Effects of Commitments to Lend
Journal: Journal of Banking & Finance
Published Year: 1996
Authors: S. Venkataraman, Joel Houston


The Value Added by Bank Acquisitions: Lessons from Wells Fargo's Acquisition of First Interstate
Journal: Journal of Applied Corporate Finance
Published Year: 1996
Authors: M. Ryngaert, Joel Houston


The Overall Gains From Large Bank Mergers
Journal: Journal of Banking & Finance
Published Year: 1995
Authors: M. Ryngaert, Joel Houston


Information Revelation, Lock-in, and Bank Loan Commitments
Journal: Journal of Financial Intermediation
Published Year: 1994
Authors: S. Venkataraman, Joel Houston


Optimal Maturity Structure with Multiple Debt Claims
Journal: Journal of Financial and Quantitative Analysis
Published Year: 1994
Authors: S. Venkataraman, Joel Houston


Financing Multiple Investment Projects
Journal: Financial Management
Published Year: 1993
Authors: M. Flannery, S. Venkataraman, Joel Houston


Management and Organizational Changes in Banking: A Comparison of Regulatory Intervention with Private Creditor Actions in Nonbank Firms
Journal: Carnegie-Rochester Conference Series on Public Policy
Published Year: 1993
Authors: C. James, Joel Houston


The Links Between Trading Time and Market Volatility: Two Examinations of the Private Information Hypothesis
Journal: Journal of Financial Research, The
Published Year: 1992
Authors: M. Ryngaert, Joel Houston


tors Influencing the Decisions of Bank Managers: The Evidence from Investment Portfolios
Journal: Journal of Banking & Finance
Published Year: 1992
Authors: A. Heggestad, Joel Houston


Teaser Rates in Conventional Adjustable-Rate Mortgage (ARM) Markets
Journal: Journal of Real Estate Finance and Economics
Published Year: 1991
Authors: J. Sa-Aadu, J. Shilling, Joel Houston


The Policy Implications of the Underground Economy
Journal: Journal of Economics and Business
Published Year: 1990
Authors: Joel Houston


The Underground Economy: A Troubling Issue for Policymakers
Journal: Business Review
Published Year: 1987
Authors: Joel Houston

Fundamentals of Financial Management: The Concise Edition 10th edition
Published Year: 2019
Authors: Joel Houston, Eugene Brigham


Fundamentals of Financial Management 14th edition
Published Year: 2015
Authors: Eugene Brigham, Joel Houston


Fundamentals of International Finance
Published Year: 2005
Authors: R. Crum, E. Brigham, Joel Houston