Profiles

Photo
Ramesh Rao Professor and Paul C. Wise Chair in Finance Department of Finance 309 Business Building Stillwater Campus 405-744-1385 (Phone) 405-744-5180 (Fax)

Education

Ph D, Texas Tech UniversityFinance1985
MBA, Asian Institute of Management1978
BS, University of the PhilippinesGeneral1976

Publications

Ramesh Rao, Svetlana Orlova & Tony Kang. (2017). "National Culture and the Valuation of Cash Holdings". Journal of Business, Finance, and Accounting, 44 (1-2)

Hongrui (Harry) Feng, Subramanian Iyer & Ramesh Rao. "Payout Flexibility and Capital Expenditure". Review of Quantitative Finance and Accounting. (Forthcoming).

Ramesh Rao, John C Adams & Takeshi Nishikawa. "Mutual fund performance, management teams, and boards". Journal of Banking and Finance, (Forthcoming).

Ramesh Rao, Mufaddal Baxamusa & Sunil Mohanty. (2015). "Information Asymmetry about Investment Risk and Financing Choice". Journal of Business, Finance, and Accounting, 42 (7-8), 947-964.

Ramesh Rao, R. Charles Moyer & James McGuigan. (2014). "Contemporary Financial Management". Cengage. (13)

Ramesh Rao & Mohammed Alzahrani. (2014). "Managerial behavior and the link between stock mispricing and corporate investments: Evidence from market-to-book ratio decomposition". Financial Review. 49 (1)

Kris Kemper & Ramesh Rao. (2013). "CreditWatch and Capital Structure". Applied Economic Letters. 20 (13), 1202-1205.

Kris Kemper & Ramesh Rao. (2013). "Do credit ratings really affect capital structure?". Financial Review. 48 (4)

Ali Nejadmalayeri, Ramesh Rao & Takeshi Nishikawa. (2013). "Sarbanes-Oxley Act and Corporate Credit Spreads". Journal of Banking and Finance, 37 (8), 2291-3006.

A.K. Prevost, E. Devos & Ramesh Rao. (2013). "The Effects of Relative Changes in CEO Equity Incentives on the Cost of Corporate Debt". Journal of Business, Finance, and Accounting, , 470-500.

R.C. Moyer, J.R. McGuigan, Ramesh Rao & W. Kretlow. (2012). "Contemporary Financial Management". Belmont CA: Thomson Learning-SouthWestern College Publishing. (12)

Li-Li Eng, Ramesh Rao & S. Saudagaran. (2012). "Earnings Informativeness after Financial Statement Restatements". International Journal of Revenue Management . 6 (3/4), 221-245.

A.K. Prevost, Ramesh Rao & M.A. Williams. (2012). "Labor Unions as Shareholder Activists: Champions or Detractors?". Financial Review . 47.2, 327-349.

T. Nishikawa, A.K. Prevost & Ramesh Rao. (2011). "Bond Market Reaction to Stock Repurchases: Is There a Wealth Transfer Effect?". Journal of Financial Research. 34, 503-522.

Vinod Venkiteshwaran, Subramanian Iyer & Ramesh Rao. (2010). "Shareholder Activism a la Carl Icahn: A Clinical Study". Journal of Applied Corporate Finance. 12 (4), 45-57.

J. Whitworth & Ramesh Rao. (2010). "Do Tax Law Changes Influence Ex-Dividend Stock Price Behavior? Evidence from 1926-2005". Financial Management, , 419-445.

Ramesh Rao, P. Kitsabunnarat-Chatjuthamard, P. Lung & T. Nishikawa. (2010). "Leverage Reducing Exchange Offers and Bondholder-Stockholder Wealth Transfers: A Re-Evaluation". International Review of Economics and Finance. 19, 81-94.

W.B. Elliott, A.K. Prevost & Ramesh Rao. (2009). "The Announcement Impact of Seasoned Equity Offerings on Bondholder Wealth". Journal of Banking and Finance, 33, 1472-1480.

M.A. Williams, T.B. Michael & Ramesh Rao. (2008). "Bank Mergers, Equity Risk Incentives and CEO Stock Options". Managerial Finance. 34 (5), 316-327.

B. Jirasakuldech, R. Emekter & Ramesh Rao. (2008). "Do Thai Stock Prices Deviate from Fundamental Value?". Pacific Basin Finance Journal. 16 (3), 298-315.

C.J. Skousen, Gary Meek & Ramesh Rao. (2007). "Evidence on Factors Affecting the Relationship between CEO Stock Option Compensation and Earnings Management". Review of Accounting and Finance. 6 (3), 304-323.

R.C. Moyer, Ramesh Rao & J.R. McGuigan. (2006). "Contemporary Financial Management Fundamentals". Belmont CA: Thomson Learning-SouthWestern College Publishing. (2)

M. Williams & Ramesh Rao. (2006). "CEO Stock Options and Equity Risk Incentives". Journal of Business, Finance, and Accounting, , 26-44.

C.T. Bathala, C.K. Ma & Ramesh Rao. (2005). "What Stocks do Institutional Investors Find Appealing: Evidence from the 1990s". Journal of Investing. 14 (1), 14-23.

R.C. Moyer, Ramesh Rao & J.R. McGuigan. (2004). "Contemporary Financial Management Fundamentals". Thomson Learning-SouthWestern College Publishing. (1)

T.J. Jalbert, Ramesh Rao, C.T. Bathala & A. Reichert. (2003). "Insider Trading Around Bank Failures". Journal of Commercial Banking and Finance. 2, 65-80.

W.P. Maxwell & Ramesh Rao. (2003). "Do Spin-offs Expropriate Wealth from Bondholders?". Journal of Finance, 58 (5), 2087-2109.

M. Mougoue & Ramesh Rao. (2003). "The Information Signaling Hypothesis of Dividends: Evidence From Cointegration and Causality Tests". Journal of Business, Finance, and Accounting, 30 (3-4), 441-478.

A.K. Prevost, Ramesh Rao & J.D. Wagster. (2002). "Dividend Imputation and Shareholder Wealth: The Case of New Zealand". Journal of Business, Finance, and Accounting, 29 (7/8), 1079-1104.

A.K. Prevost, Ramesh Rao & M. Hossain. (2002). "The Determinants of Board Composition in New Zealand: A Simultaneous Equations Approach". Journal of Empirical Finance. 9 (4), 373-397.

A.K. Prevost, Ramesh Rao & M. Hossain. (2002). "Board Composition in New Zealand: An Agency Perspective". Journal of Business, Finance, and Accounting, 29 (5/6), 731-760.

T. Jalbert, Ramesh Rao & M. Jalbert. (2002). "Does School Matter? An Empirical Analysis of CEO Education, Compensation, and Firm Performance". International Business and Economics Journal. , 83-98.

Awards and Honors

Engaged Management Scholarship (EMS) 2014 (Tulsa) Best Paper Award (2014)
Richard W. Poole Research Exccellent Award (2013)
Richard W. Poole Research Excellence Award (2012)
Best Paper in Corporate Finance Award (2009)
Richard W. Poole Research Excellence Award (2009)
Chandler-Frates & Reitz Teaching Excellence Award (2008)
Richard W. Poole Research Excellence Award (2008)
Regents Distinguished Research Award (2007)
Outstanding Educator Award (2007)
Merrick Foundation Teaching Award (2003)
MBA Outstanding Faculty Award (2003)
Dean's Excellence Research Award (2002)
Paul C. Wise Chair of Finance (2001)

Editorial and Review Activities

Indore Management Journal - Published by Indian Institute of Management-Indore
Editorial Board Member
2014

Banking and Finance Review
Editorial Board Member
2011

Journal of Applied Finance
Editor or Co-Editor
2007

Board of Associate Editors, “Journal of Financial Research.”

Journal of Applied Finance
Editor or Co-Editor

Journal of Financial Reseach
Associate Editor

Journal of Applied Finance
Associate Editor
2007 - 2013