Harry DeAngelo

University of Southern California - Marshall School of Business - Finance and Business Economics Department

Professor

Marshall School of Business

Los Angeles, CA 90089

United States

SCHOLARLY PAPERS

26

DOWNLOADS
Rank 466

SSRN RANKINGS

Top 466

in Total Papers Downloads

56,173

SSRN CITATIONS
Rank 1,342

SSRN RANKINGS

Top 1,342

in Total Papers Citations

713

CROSSREF CITATIONS

213

Scholarly Papers (26)

1.

Capital Structure, Payout Policy, and Financial Flexibility

Marshall School of Business Working Paper No. FBE 02-06
Number of pages: 25 Posted: 17 Jul 2006 Last Revised: 20 May 2009
Harry DeAngelo and Linda DeAngelo
University of Southern California - Marshall School of Business - Finance and Business Economics Department and University of Southern California - Marshall School of Business - Finance and Business Economics Department
Downloads 7,309 (1,117)
Citation 76

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capital structure, payout policy, dividends, financial flexibility, pecking order, trade-off theory

2.
Downloads 6,829 ( 1,257)
Citation 52

Corporate Payout Policy

Foundations and Trends in Finance, Vol. 3, Nos. 2-3, pp. 95-287, 2008
Number of pages: 198 Posted: 07 May 2009 Last Revised: 29 Dec 2012
Harry DeAngelo, Linda DeAngelo and Douglas J. Skinner
University of Southern California - Marshall School of Business - Finance and Business Economics Department, University of Southern California - Marshall School of Business - Finance and Business Economics Department and The University of Chicago - Booth School of Business
Downloads 6,814 (1,251)
Citation 12

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payout policy, dividends, stock repurchase

Corporate Payout Policy

Foundations and Trends in Finance, Vol. 3, No. 2-3, 2008
Number of pages: 197 Posted: 24 Jun 2010
Harry DeAngelo, Linda DeAngelo and Douglas J. Skinner
University of Southern California - Marshall School of Business - Finance and Business Economics Department, University of Southern California - Marshall School of Business - Finance and Business Economics Department and The University of Chicago - Booth School of Business
Downloads 15 (710,479)
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corporate payout policy, dividends, stock repurchases

3.

What's Really Wrong with U.S. Business Schools?

Number of pages: 25 Posted: 01 Aug 2005
Harry DeAngelo, Linda DeAngelo and Jerold L. Zimmerman
University of Southern California - Marshall School of Business - Finance and Business Economics Department, University of Southern California - Marshall School of Business - Finance and Business Economics Department and University of Rochester - Simon Business School
Downloads 6,131 (1,504)
Citation 19

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Business school rankings, MBA programs

Liquid-Claim Production, Risk Management, and Bank Capital Structure: Why High Leverage is Optimal for Banks

Charles A. Dice Center Working Paper No. 2013-8, Fisher College of Business Working Paper No. 2013-03-08, ECGI - Finance Working Paper No. 356
Number of pages: 45 Posted: 23 Apr 2013 Last Revised: 18 Oct 2014
Harry DeAngelo and René M. Stulz
University of Southern California - Marshall School of Business - Finance and Business Economics Department and Ohio State University (OSU) - Department of Finance
Downloads 3,579 (3,746)
Citation 45

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Capital structure, banks, capital regulation

Why High Leverage is Optimal for Banks

Number of pages: 22 Posted: 21 Jun 2013 Last Revised: 18 Oct 2021
Harry DeAngelo and René M. Stulz
University of Southern California - Marshall School of Business - Finance and Business Economics Department and Ohio State University (OSU) - Department of Finance
Downloads 64 (438,006)

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5.

The Irrelevance of the Mm Dividend Irrelevance Theorem

Number of pages: 28 Posted: 14 Mar 2005
Harry DeAngelo and Linda DeAngelo
University of Southern California - Marshall School of Business - Finance and Business Economics Department and University of Southern California - Marshall School of Business - Finance and Business Economics Department
Downloads 3,521 (3,934)
Citation 12

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Dividend policy, payout policy, mm theorems, dividend puzzle

6.

Optimal Capital Structure Under Corporate and Personal Taxation

Journal of Financial Economics, Vol. 8, No. 1, pp. 3-27, 1980
Number of pages: 27 Posted: 04 Oct 2009 Last Revised: 12 Oct 2009
Harry DeAngelo and Ronald W. Masulis
University of Southern California - Marshall School of Business - Finance and Business Economics Department and University of New South Wales, Sydney
Downloads 3,498 (3,985)
Citation 242

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Capital Structure, Corporate Taxes, Personal Taxes, Bankruptcy Costs, Non-debt Tax Shields, Leverage

7.
Downloads 2,771 ( 5,914)
Citation 2

Dividend Policy, Agency Costs, and Earned Equity

Number of pages: 34 Posted: 28 Jun 2004
Harry DeAngelo, Linda DeAngelo and René M. Stulz
University of Southern California - Marshall School of Business - Finance and Business Economics Department, University of Southern California - Marshall School of Business - Finance and Business Economics Department and Ohio State University (OSU) - Department of Finance
Downloads 2,621 (6,332)

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Dividends, payout policy, agency costs, earned equity, earnings, retained earnings

Dividend Policy, Agency Costs, and Earned Equity

Number of pages: 35 Posted: 09 Jul 2004 Last Revised: 19 Jun 2021
Harry DeAngelo, Linda DeAngelo and René M. Stulz
University of Southern California - Marshall School of Business - Finance and Business Economics Department, University of Southern California - Marshall School of Business - Finance and Business Economics Department and Ohio State University (OSU) - Department of Finance
Downloads 150 (248,341)

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8.

Capital Structure Dynamics and Transitory Debt

Number of pages: 61 Posted: 04 Sep 2008 Last Revised: 08 Sep 2010
Harry DeAngelo, Linda DeAngelo and Toni M. Whited
University of Southern California - Marshall School of Business - Finance and Business Economics Department, University of Southern California - Marshall School of Business - Finance and Business Economics Department and University of Michigan, Stephen M. Ross School of Business
Downloads 2,620 (6,452)
Citation 45

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capital structure, leverage dynamics, target leverage, transitory debt, financial flexibility

9.

Payout Policy Irrelevance and the Dividend Puzzle

Number of pages: 25 Posted: 09 Apr 2004
Harry DeAngelo and Linda DeAngelo
University of Southern California - Marshall School of Business - Finance and Business Economics Department and University of Southern California - Marshall School of Business - Finance and Business Economics Department
Downloads 2,577 (6,644)
Citation 8

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Dividend puzzle, payout policy, taxes

Are Dividends Disappearing? Dividend Concentration and the Consolidation of Earnings

Number of pages: 40 Posted: 15 Aug 2002
Harry DeAngelo, Linda DeAngelo and Douglas J. Skinner
University of Southern California - Marshall School of Business - Finance and Business Economics Department, University of Southern California - Marshall School of Business - Finance and Business Economics Department and The University of Chicago - Booth School of Business
Downloads 2,466 (7,018)
Citation 34

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Dividends, earnings, concentration

Are Dividends Disappearing? Dividend Concentration and the Consolidation of Earnings

Posted: 16 Sep 2003
Harry DeAngelo, Linda DeAngelo and Douglas J. Skinner
University of Southern California - Marshall School of Business - Finance and Business Economics Department, University of Southern California - Marshall School of Business - Finance and Business Economics Department and The University of Chicago - Booth School of Business

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11.

How Stable are Corporate Capital Structures?

Journal of Finance, Forthcoming
Number of pages: 50 Posted: 19 Mar 2011 Last Revised: 22 Aug 2013
Harry DeAngelo and Richard Roll
University of Southern California - Marshall School of Business - Finance and Business Economics Department and California Institute of Technology
Downloads 2,315 (7,888)
Citation 27

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capital structure stability, leverage target, leverage persistence

12.

Dividend Policy and the Earned/Contributed Capital Mix: A Test of the Lifecycle Theory

Number of pages: 37 Posted: 02 Aug 2005
Harry DeAngelo, Linda DeAngelo and René M. Stulz
University of Southern California - Marshall School of Business - Finance and Business Economics Department, University of Southern California - Marshall School of Business - Finance and Business Economics Department and Ohio State University (OSU) - Department of Finance
Downloads 2,296 (8,000)
Citation 87

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Dividends, payout policy, corporate lifecycle, agency costs

Seasoned Equity Offerings, Market Timing, and the Corporate Lifecycle

Fisher College of Business Working Paper No. 2007-03-014, Charles A. Dice Working Paper No. 2007-13
Number of pages: 48 Posted: 21 Jul 2007 Last Revised: 27 Sep 2010
Harry DeAngelo, Linda DeAngelo and René M. Stulz
University of Southern California - Marshall School of Business - Finance and Business Economics Department, University of Southern California - Marshall School of Business - Finance and Business Economics Department and Ohio State University (OSU) - Department of Finance
Downloads 2,111 (8,985)
Citation 74

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market timing, SEO, equity financing, cash balances, corporate lifecycle

Fundamentals, Market Timing, and Seasoned Equity Offerings

Number of pages: 38 Posted: 23 Jul 2007 Last Revised: 21 Oct 2021
Harry DeAngelo, Linda DeAngelo and René M. Stulz
University of Southern California - Marshall School of Business - Finance and Business Economics Department, University of Southern California - Marshall School of Business - Finance and Business Economics Department and Ohio State University (OSU) - Department of Finance
Downloads 103 (329,088)

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14.

Asset Liquidity, Debt Covenants, and Managerial Discretion in Financial Distress: The Collapse of L.A. Gear

Number of pages: 36 Posted: 21 Jun 2001
Harry DeAngelo, Linda DeAngelo and Karen H. Wruck
University of Southern California - Marshall School of Business - Finance and Business Economics Department, University of Southern California - Marshall School of Business - Finance and Business Economics Department and Ohio State University - Fisher College of Business, Department of Finance
Downloads 1,972 (10,249)
Citation 10

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15.

Special Dividends and the Evolution of Dividend Signaling

Number of pages: 52 Posted: 15 Dec 1999
Harry DeAngelo, Linda DeAngelo and Douglas J. Skinner
University of Southern California - Marshall School of Business - Finance and Business Economics Department, University of Southern California - Marshall School of Business - Finance and Business Economics Department and The University of Chicago - Booth School of Business
Downloads 1,952 (10,420)
Citation 13

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16.
Downloads 1,392 ( 17,726)
Citation 12

Payout Policy Pedagogy: What Matters and Why

Number of pages: 26 Posted: 16 Mar 2006 Last Revised: 12 May 2009
Harry DeAngelo and Linda DeAngelo
University of Southern California - Marshall School of Business - Finance and Business Economics Department and University of Southern California - Marshall School of Business - Finance and Business Economics Department
Downloads 1,368 (17,892)
Citation 3

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Payout policy, dividends, capital budgeting, corporate finance

Payout Policy Pedagogy: What Matters and Why

European Financial Management, Vol. 13, No. 1, pp. 11-27, January 2007
Number of pages: 17 Posted: 08 Jan 2007
Harry DeAngelo and Linda DeAngelo
University of Southern California - Marshall School of Business - Finance and Business Economics Department and University of Southern California - Marshall School of Business - Finance and Business Economics Department
Downloads 24 (639,786)
Citation 1
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Ancient Redwoods, Junk Bonds, and the Politics of Finance: A Study of the Hostile Takeover of the Pacific Lumber Company

Number of pages: 63 Posted: 01 Feb 1997
Harry DeAngelo and Linda DeAngelo
University of Southern California - Marshall School of Business - Finance and Business Economics Department and University of Southern California - Marshall School of Business - Finance and Business Economics Department
Downloads 643 (52,179)

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Ancient Redwoods, Junk Bonds, and the Politics of Finance: A Study of the Hostile Takeover of the Pacific Lumber Company

Journal of Financial Economics, Vol. 47, No. 1, (January 1998)
Posted: 23 Mar 1998
Harry DeAngelo and Linda DeAngelo
University of Southern California - Marshall School of Business - Finance and Business Economics Department and University of Southern California - Marshall School of Business - Finance and Business Economics Department

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18.

Corporate Deleveraging and Financial Flexibility

Fisher College of Business Working Paper No. 2017-03-028, Charles A. Dice Working Paper No. 2017-03-028
Number of pages: 73 Posted: 17 Nov 2017
Harry DeAngelo, Andrei Gonçalves and René M. Stulz
University of Southern California - Marshall School of Business - Finance and Business Economics Department, University of North Carolina (UNC) at Chapel Hill - Finance Area and Ohio State University (OSU) - Department of Finance
Downloads 482 (75,813)
Citation 4

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deleveraging, financial flexibility, capital structure, payout policy, cash balances, leverage dynamics, financial distress

19.
Downloads 462 ( 79,748)

Corporate Deleveraging

Fisher College of Business Working Paper No. 2016-03-021, Charles A. Dice Center Working Paper No. 2016-21
Number of pages: 68 Posted: 04 Nov 2016
Harry DeAngelo, Andrei Gonçalves and René M. Stulz
University of Southern California - Marshall School of Business - Finance and Business Economics Department, University of North Carolina (UNC) at Chapel Hill - Finance Area and Ohio State University (OSU) - Department of Finance
Downloads 433 (85,375)

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deleveraging, capital structure, payout policy, cash balances, leverage dynamics, financial flexibility, financial distress

Corporate Deleveraging

Number of pages: 68 Posted: 14 Nov 2016 Last Revised: 17 Nov 2021
Harry DeAngelo, Andrei Gonçalves and René M. Stulz
University of Southern California - Marshall School of Business - Finance and Business Economics Department, University of North Carolina (UNC) at Chapel Hill - Finance Area and Ohio State University (OSU) - Department of Finance
Downloads 29 (604,495)

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20.

The Capital Structure Puzzle: What are We Missing?

Number of pages: 57 Posted: 12 Oct 2021
Harry DeAngelo
University of Southern California - Marshall School of Business - Finance and Business Economics Department
Downloads 327 (118,854)

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Capital structure, financial flexibility, payout policy, cash balances

21.
Downloads 320 (121,212)
Citation 1

Capital Structure Instability

Forthcoming, Journal of Applied Corporate Finance
Number of pages: 26 Posted: 21 Feb 2017
Harry DeAngelo and Richard Roll
University of Southern California - Marshall School of Business - Finance and Business Economics Department and California Institute of Technology
Downloads 318 (121,320)

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Capital Structure Stability, Leverage Target, Leverage Persistence

Capital Structure Instability

Journal of Applied Corporate Finance, Vol. 28, Issue 4, pp. 38-52, 2016
Number of pages: 17 Posted: 20 Jan 2017
Harry DeAngelo and Richard Roll
University of Southern California - Marshall School of Business - Finance and Business Economics Department and California Institute of Technology
Downloads 2 (824,094)
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22.

Corporate Financial Policy: What Really Matters?

Number of pages: 34 Posted: 09 Mar 2021 Last Revised: 23 Mar 2021
Harry DeAngelo
University of Southern California - Marshall School of Business - Finance and Business Economics Department
Downloads 226 (173,258)

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capital structure, payout policy, cash balances, corporate financial policy

23.
Downloads 207 (187,343)

Leverage and Cash Dynamics

Fisher College of Business Working Paper No. 2021-03-010, Charles A. Dice Working Paper No. 2021-10
Number of pages: 55 Posted: 22 Jun 2021
Harry DeAngelo, Andrei Gonçalves and René M. Stulz
University of Southern California - Marshall School of Business - Finance and Business Economics Department, University of North Carolina (UNC) at Chapel Hill - Finance Area and Ohio State University (OSU) - Department of Finance
Downloads 198 (195,014)

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capital structure, cash balances, leverage dynamics, financial flexibility, payout policy

Leverage and Cash Dynamics

Number of pages: 55 Posted: 28 Jun 2021 Last Revised: 18 Nov 2021
Harry DeAngelo, Andrei Gonçalves and René Stulz
University of Southern California - Marshall School of Business - Finance and Business Economics Department, University of North Carolina (UNC) at Chapel Hill - Finance Area and Ohio State University (OSU) - Fisher College of Business
Downloads 9 (761,797)
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24.

Controlling Stockholders and the Disciplinary Role of Corporate Payout Policy: A Study of the Times Mirror Company

Posted: 18 Apr 2001
Harry DeAngelo and Linda DeAngelo
University of Southern California - Marshall School of Business - Finance and Business Economics Department and University of Southern California - Marshall School of Business - Finance and Business Economics Department

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Payout policy, Controlling stockholders, Family control

25.

The Collapse of First Executive Corporation: Junk Bonds, Adverse Publicity, and the 'Run on the Bank' Phenomenon

Posted: 14 Sep 1999
Harry DeAngelo, Linda DeAngelo and Stuart C. Gilson
University of Southern California - Marshall School of Business - Finance and Business Economics Department, University of Southern California - Marshall School of Business - Finance and Business Economics Department and Harvard Business School - Finance Unit

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26.

Reversal of Fortune: Dividend Policy and the Disappearance of Sustained Earnings Growth

Posted: 14 Sep 1999
Harry DeAngelo, Linda DeAngelo and Douglas J. Skinner
University of Southern California - Marshall School of Business - Finance and Business Economics Department, University of Southern California - Marshall School of Business - Finance and Business Economics Department and The University of Chicago - Booth School of Business

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