Samuel Szewczyk, PhD

Szewczyk, Samuel H., Ouyang, Wenjing, and Miles, Jeffrey, Female Directors on the Sensitivity of Investment to Growth Opportunities. Accounting and Finance (Forthcoming).

Szewczyk, Samuel H., Marciukaityte, Dalia, and Lantushenko, Viktoriya, Institutional Investors and the Mispricing of Unionized Firms. Journal of Financial Research 47 (Summer 2024):249-274.

Tsetsekos, George, Gyoshev, Stanley B., Kaplan, Todd R., and Szewczyk, Samuel H., Why do investment banks buy put options from companies?. Journal of Corporate Finance 67 (Aug 2021):1-21.

Szewczyk, Samuel H., and Ouyang, Wenjing, Stock Price Firm-Specific Information on the Choice of Stock Payment in Mergers and Acquisitions. Accounting & Finance 59 (Jun 2019):1299-1340.

Szewczyk, Samuel H., Choi, Seung Hee, and Chhabria, Maneesh, Corporate Governance Dynamics and Wealth Effect: Evidence from Large Loss Acquisitions and Large Gain Acquisitions in US. Corporate Goverance: the International Journal of Business in Society 19 (Year 2019):353-371.

Szewczyk, Samuel H., Liu, Yi, Ye, Dezhu, and Deng, Jie, Does Board Gender Diversity Increase Dividend Payouts? Analysis of Global Evidence. Journal of Corporate Finance 58 (Oct 2019):1-26.

Szewczyk, Samuel H., and Ouyang, Wenjing, Stock Price Informativeness on the Sensitivity of Strategic M&A Investment to Q. Review of Quantitative Finance and Accounting 50 (Apr 2018):745-774.

Szewczyk, Samuel H., and Choi, Seung Hee, Corporate governance structure and strategic change: evidence from major acquisitions. Managerial Finance 44 (Feb 2018):222-240.

Szewczyk, Samuel H., and Ouyang, Wenjing, Do Managers Learn from the Market? Firm Level Evidence in Merger Investment. Financial Research Letters 19 (Nov 2016):139-145.

Szewczyk, Samuel H., Theodossiou, Alexandra, and Zantout, Zaher, Financing corporate R&D using a special purpose entity and the political economy of accounting regulation. International Research Journal of Applied Finance VI (Aug 2015):530-557.

Szewczyk, Samuel H., The Impact of EVA Adoption on Long-Term Shareholder Value: An Empirical Investigation. Journal of Finance Issues 10 (Fall 2012).

Szewczyk, Samuel H., and Marciukaityte, Dalia, Disposition effect and public secondary equity offerings. Journal of Financial Research 35 (Spring 2012):55-77.

Szewczyk, Samuel H., and Marciukaityte, Dalia, Financing Decisions and Discretionary Accurals: Managerial Manipulation or Managerial Overoptimism. Review of Behavioral Finance 3 (Nov 2011):91-114.

Szewczyk, Samuel H., and Liu, Yi, Do Financial Analysts’ Opinions Matter?. International Journal of Banking, Accounting and F 3 (Year 2011):118-132.

Szewczyk, Samuel H., Marciukaityte, Dalia, and Varma, Raj, Voluntary versus Forced Financial Restatements: The Role of Board Independence. Financial Analysts Journal 65 (Oct 2009):51-65.

Liu, Yi, Szewczyk, Samuel H., and Zantout, Zaher, The Post-Announcement Long Term Stock Price Performance of Dividend Reducing or Omitting Firms: Under-Reaction or Chance. Journal of Finance 63 (Apr 2008):987-1020.

Ghani, Waqar I., Szewczyk, Samuel H., and Shabbir, Tayyeb, Financial Analysts’ Forecasts and Unprecedented Events: The Case of German Reunification. International Advances in Economic Research 13 (May 2007):123-138.

Ghani, Waqar I., Szewczyk, Samuel H., and Childs, Nancy M., The Impact of Obesity Concerns on the Value of Large Multinational Food Companies. Marketing Management 17 (Year 2007).

Szewczyk, Samuel H., Marchiukaityte, Dalia, Uzen, Hatice, and Varma, Raj, Governance and Performance Changes after Accusations of Corporate Fraud. Financial Analysts Journal 62 (May 2006):32-41.

Marciukaityte, Dalia, Szewczyk, Samuel H., Uzun, Hatice, and Varma, Raj, Governance and Performance Changes Following Accusations of Corporate Fraud. Financial Analysts Journal 62 (Jan 2006):32-41.

Szewczyk, Samuel H., Marciukaityte, Dalia, and Varma, Raj, Investor Over Optimism and Private Equity Placements. Journal of Financial Research 28 (Dec 2005):591-608.

Marciukaityte, Dalia, Szewczyk, Samuel H., and Varma, R, Investor Optimism and Private Equity Placements. Journal of Financial Research 28 (Jan 2005):591-608.

Szewczyk, Samuel H., Uzun, Hatice, and Varma, Raj, The Structure of Corporate Boards and Committees and the Likely of Corporate Fraud,?. Financial Analysts Journal 60 (May 2004):33-44.

Song, Wei-Ling, and Szewczyk, Samuel H., ?Does Coordinated Institutional Investor Activism Reverse the Fortune of Underperforming Firms??. Journal of Financial and Quantitative Analysis 38 (Jun 2003).

Schweitzer, Robert, Szewczyk, Samuel H., and Varma, Raj, The Effect of Bank Debt Downgrades on Stock Prices of Other Banks. Financial Review 36 (Dec 2001):139-155.

Schweitzer, Robert, Szewczyk, Samuel H., and Varma, Raj, Too Big to Downgrade: The Response of Financial Analysts to Bond Downgrades of Money Center Banks. Managerial Finance 26 (Aug 1999).

Szewczyk, Samuel H., Tsetskos, George P., and Zantout, Zaher, Do Dividends Signal Future Earnings or Past Earnings? Evidence from Earnings Revisions by Financial Analysts. Journal of Investing 6 (Spring 1997):3-15.

Szewczyk, Samuel H., Thomas, Martin R., and Tsetsekos, George, Contagion Effects in Stock Returns and Analysts Forecasts: The Case of Mutual Beneficial Life. Quarterly Journal of Business and Economics 36 (Winter 1997):3-15.

Ratner, Mitchell, Szewczyk, Samuel H., and Tsetskos, George P., The Informational Role of Tender Offer Stock Repurchases: Evidence from Institutional Ownership. Journal of Accounting and Finance Research 23 (Jul 1996):869-880.

Szewczyk, Samuel H., Tsetskos, George P., and Zantout, Zaher, Valuation of Corporate R&D Expenditures: Evidence from Investment Opportunities and Free Cash-Flow. Financial Management 25 (Spring 1996).

Szewczyk, Samuel H., and Varma, Raj, The Private Placement of Bank Equity. Journal of Banking and Finance 17 (Dec 1993):1111-1131.

Szewczyk, Samuel H., Szreczyk, Samuel H., and Tsetsekos, George, The Effect of Managerial Ownership on Stock Split-Induced Abnormal Returns. Financial Review 28 (Aug 1993):351-370.

Szewczyk, Samuel H., The Intra-Industry Transfer of Information Inferred From Announcements of Corporate Security Offerings. Journal of Finance 47 (Dec 1992):1935-1945.

Schweitzer, Robert, Szewczyk, Samuel H., and Varma, Raj, Bond Rating Agencies and Their Role in Bank Market Discipline. Journal of Financial Services Research 6 (Sep 1992):249-263.

Szewczyk, Samuel H., Tsetsekos, George, and Varma, Raj, Institutional Ownership and the Liquidity of Common Stock Offerings. Financial Review 27 (May 1992):211-225.

Szewczyk, Samuel H., and Tsetsekos, George, State Intervention in the Market for Corporate Control: The Case of Pennsylvania Senate Bill 1310. Journal of Financial Economics 31 (Feb 1992):3-23.

Szewczyk, Samuel H., and Varma, Raj, Raising Capital with Private Placements of Debt. Journal of Financial Research 14 (Spring 1991):1-13.

Szewczyk, Samuel H., and Varma, Raj, The Effect of Proposition 103 on Insurers: Evidence from the Capital Markets. Journal of Risk and Insurance 57 (Dec 1990):671-681.

Szewczyk, Samuel H., and Varma, Raj, Pollution Control Revenue Bond Sales and Public Utility Share Prices. Journal of Business Research 21 (Sep 1990):109-117.

Garner, Jacqueline L., and Szewczyk, Samuel H., Director and Executive Compenstion and the Likelihood of Corporate Fraud,

Schweizer, Robert, Szewczyk, Samuel H., and Varma, Raj, The Information Content of Bond Rating Changes: The Case of Bank Holding Companies, Southern Finance Association: Orlando, Florida,

Szewczyk, Samuel H., and Varma, Raj, The Effect of Private Placements of Debt on Public Utility Share Prices, Financial Management Association: New Orleans, Louisiana,

Szewczyk, Samuel H., and Varma, Raj, The Impact of Pollution Control Revenue Bond Sales on Public Utility Share Prices, Eastern Finance Association: Bal Harbour, Florida,

Szewczyk, Samuel H., Assortative Matching in Pre-Deal Stock Price Fi…, Academy of Finance Annual Meeting: Chicago, Il, (Mar 2022):

Szewczyk, Samuel H., Choi, Seung Hee, Obanyo, Tirimba, and Tsetsekos, George, Expertise on Boards: The Case of Directors with Acquisition Experience, Annual Conference of the Multinational Finance Society: Bucharest, Romania, (Jun 2017):

Szewczyk, Samuel H., and Choi, Seung Hee, Corporate Governance Structure and Strategic Change: Evidence from Major Acquisitions, Multinational Finance Society Conference: Stockholm, Sweden, (Jun 2016):

Szewczyk, Samuel H., and Ouyang, Wenjing, The Relation between Acquirer and Target Firms&#-775232; Stock Price Informativeness, Multinational Finance Society Conference: Stockholm, Sweden, (Jun 2016):

Szewczyk, Samuel H., and Ouyang, Wenjing, Stock Price Firm Specific Information on Merger Financing Choice, Eastern Finance Association: Pittsburg, PA, (Apr 2014):

Szewczyk, Samuel H., Stock Price Idiosyncratic Information and Merger Decisions, Multinational Finance Society: Izmir, Turkey, (Jul 2013):

Szewczyk, Samuel H., Impact of EVA Adoption on Long-Term Shareholder Value: An Empirical Investigation, Multinational Finance Society: Rome, Italy, (Jun 2011):

Szewczyk, Samuel H., Corporate Governance Dynamics in Strategic Deci…, Multinational Finance Society: Barcelona, Spain, (Jun 2010):

Szewczyk, Samuel H., and Ghani, Waqar I., Impact of EVA Adoption on Long-term Shareholder Value: An Empirical Investigation, American Accounting Association: New York, NY, (Aug 2009):

Szewczyk, Samuel H., Theodossiou, Alexandra, and Zantout, Zaher, Financing Corporate R&D Programs Using a Special Purpose Off-Balance Sheet Entity, Multinational Finance Society: Rethymno, Crete, Greece, (Jun 2009):

Szewczyk, Samuel H., Hui, Di, and Marchiukaityte, Dalia, Can Earnings Management Explain Abnormal Post-Announcement Abnormal Returns, Eastern Finance Association: St Pete Beach, FL, (Apr 2008):

Szewczyk, Samuel H., Liu, Yi, and Zantout, Zaher, The Post-Announcement Long Term Stock Price Performance of Dividend Reducing or Omitting Firms: Under-Reaction or Chance?, Multinational Finance Society: Edinburgh, Scotland, (Jul 2006):

Szewczyk, Samuel H., Governance and Performance Changes Following Accusations of Corporate Fraud, Multinational Finance Society: Athens, Greece, (Jul 2005):

Szewczyk, Samuel H., Why Firms are Selling Put Options on their stock: Separating Equilibrium through Synthetic Stock Repurchases, (Oct 2004):

Szewczyk, Samuel H., The Value Effects of German Reunification: Evidence from Analyst’s Earnings, Multinational Finance Society: Istanbul, (Jul 2004):

Marciukaityte, Dalia, and Szewczyk, Samuel H., Investor Behavior and the Timing of Secondary Equity Offerings, Eastern Finance Association: Mystic, CT, (Apr 2004):

Marciukaityte, Dalia, Szewczyk, Samuel H., and Varma, Raj, Investor Over Optimism and Private Equity Placements, Eastern Finance Association: Mystic, CT, (Apr 2004):

Liu, Yi, and Zantout, Zaher, An Examination of the Long-run Market Reaction to Announcement of Dividend Omissions and Reductions, Financial Management Association: Denver, Colorado, (Oct 2003):

Marchiukaityte, Dalia, Szewczyk, Samuel H., and Varma, Raj, Investor Over Optimism and Private Equity Placements, Financial Management Association: Denver, Colorado, (Oct 2003):

Szewczyk, Samuel H., Uzun, Hatice, and Varma, Raj, An Empirical Investigation Of The Relationship Between Corporate Fraud And Effectiveness Of Internal And External Monitoring, Financial Management Association: Denver, Colorado, (Oct 2003):

Liu, Yi, Szewczyk, Samuel H., and Zantout, Zaher, An Examination of the Long Run Market Reaction to Announcements of Dividend Omissions and Reductions, Multinational Finance Society: Montreal, Canada, (Jun 2003):

Szewczyk, Samuel H., and Uzun, Hatice, An Examination of the Relationship between Corporate Fraud and Effectiveness of Internal and External Monitoring, Multinational Finance Society: Montreal, Canada, (Jun 2003):

Liu, Yi, Szewczyk, Samuel H., and Zantout, Zaher, An Examination of the Long-run Market Reaction to Announcement of Dividend Omissions and Reductions, Eastern Finance Association: Orlando, Florida, (Apr 2003):

Schweitzer, Robert, Szewczyk, Samuel H., and Varma, Raj, The Nature of Information Contained in Changes in Credit Ratings, C.R.E.D.I.T. Conference: Venice, Italy, (Sep 2002):

Szewczyk, Samuel H., and Uzun, Hatice, The Effect of Corporate Fraud on Shareholder Wealth of Fraud Firms and Rival Firms, Eastern Finance Association: Baltimore, MD, (Sep 2002):

Szewczyk, Samuel H., and Uzun, Hatice, The Effect of Corporate Fraud on Shareholder Wealth of Fraud Firms and Rival Firms, Southern Finance Association: Destin, Florida, (Nov 2001):

Marciukaityte, Dalia, and Szewczyk, Samuel H., Market Efficiency and Seasoned Equity Offerings, Financial Management Association: Toronto, Canada, (Oct 2001):

Song, Wei-Ling, Szewczyk, Samuel H., and Tsetsekos, George, The Adjustment of Earnings Forecasts to Information Inferred from Stock Split Announcements, Multinational Finance Society: Garda, Italy, (Jun 2001):

Ghani, Waqar I., and Szewczyk, Samuel H., The Wealth Effects of German Reunification: Evidence from Analysts’ Earnings Forecasts, American Accounting Association Mid-Atlantic Regional Meeting: Morgantown, West Virginia, (Mar 2001):

Marciukaityte, Dalia, and Szewczyk, Samuel H., Further Evidence on the Shareholder Wealth Effects of Private Debt Financing, Southern Finance Assocation: Savannah, Georgia, (Nov 2000):

Saifeddine, Assem, Song, Wei-Ling, and Szewczyk, Samuel H., Does Coordinated Institutional Investor Activism Reverse the Fortune of Underperforming Firm?, Financial Management Association: Seattle, Washington, (Oct 2000):

Szewczyk, Samuel H., and Tsetsekos, George, The Adjustment of Earnings Forecasts to Information Inferred from Stock Split Announcements, Eastern Finance Association: Williamsburg, Virginia, (Apr 1998):

Szewczyk, Samuel H., and Tsetsekos, George, The Adjustment of Earnings Forecasts to Information Inferred from Stock Split Announcements, Financial Management Association: Honolulu, Hawaii, (Oct 1997):

Schweitzer, Robert, Szewczyk, Samuel H., and Varma, Raj, Analysts’ Forecast Revisions Around Changes in Bank Bond Ratings, International Financial Management Association: Zurich, Switzerland, (May 1997):

Schweitzer, Robert, Szewczyk, Samuel H., and Varma, Raj, Analysts’ Forecast Revisions Around Changes in Bank Bond Ratings, Eastern Finance Association: Panama Sity, Florida, (Apr 1997):

Schweitzer, Robert, Szewczyk, Samuel H., and Varma, Raj, Market Discipline, Bank Downgrades and the “Too Big to Fail’ Doctrine, Southern Finance Association: Key West, Florida, (Nov 1996):

Szewczyk, Samuel H., and Zantout, Zaher, Reductions and Omissions of Cash Dividends: The Cash Flow Signaling and The Free Cash-Flow Hypothesis, Financial Management Association: New Orleans, Louisiana, (Oct 1996):

Szewczyk, Samuel H., Tsetsekos, George, and Zantout, Zaher, Do Dividend Omissions Signal Future Earnings or Past Earnings, Financial Management Association: New Orleans, Louisiana, (Oct 1996):

Szewczyk, Samuel H., and Tsetsekos, George, Stock Splits and Institutional Ownership: The Role of Information and Ownership Structure, Eastern Finance Association: Charlotte, North Carolina, (Apr 1996):

Szewczyk, Samuel H., and Tsetsekos, George, The Role of Stock Splits in Signaling Information and Managing Ownership Structure, Southwest Finance Association: San Antonio, Texas, (Mar 1996):

Szewczyk, Samuel H., Tsetsekos, George, and Zantout, Zaher, Valuation of Corporate R&D Expenditures: Evidence from Investment Opportunities and Free Cash-Flow, Financial Management Association: New York, New York, (Oct 1995):

Szewczyk, Samuel H., and Thomas, Martin R., An Empirical Examination of Institutional Price Pressure: The Case of Window Dressing, Northeast Business & Economic Assocation: CapeCod, Massachussetts, (Sep 1995):

Szewczyk, Samuel H., Capital Acquisition through Public Offerings and Private Placements, Drexel University: Philadelphia, PA, (Sep 1995):

Szewczyk, Samuel H., Stock Market Reaction to Security Offerings: Theory and Evidence, Drexel University: Philadelphia, PA, (May 1995):

Schweitzer, Robert, Szewczyk, Samuel H., and Varma, Raj, The Contagion Effects of Bank Bond Rating Changes in Analysts Forecasts, Southern Finance Association: Charleston, South Carolina, (Nov 1994):

Schweitzer, Robert, Szewczyk, Samuel H., and Varma, Raj, The Intra-Industry Effects of Bank Bond Rating Changes, Federal Reserve Bank of Chicago: Chicago, Illinois, (May 1994):

Schweitzer, Robert, Szewczyk, Samuel H., and Varma, Raj, The Contagion Effects of Bank Bond Rating Changes, Eastern Finance Association: Boston, Massachusetts, (Apr 1994):

Ghani, Waqar I., Ndubizu, Gordian, and Szewczyk, Samuel H., Analysts’ Earnings Forecasts and Information Content of SFAS No. 94 Disclosures, American Accounting Association Mid-Atlantic Regional Meeting: Atlantic City, New Jersey, (Apr 1994):

Szewczyk, Samuel H., and Tsetsekos, George, Stock Splits and Ownership Structure, Financial Management Association: San Francisco, California, (Oct 1992):

Ratner, Mitchell, Szewczyk, Samuel H., and Tsetsekos, George, The Informational Role of Tender Offer Stock Repurchases: Evidence from Institutional Ownership, Northern  Finance Association Meetings: Toronto, Canada, (Sep 1992):

Szewczyk, Samuel H., Thomas, Martin R., and Tsetsekos, George, The State Seizure of Mutual Beneficial Life Insurance Corporation: Quality Ratings and Intra-Industry Effects, Eastern Finance Association: Richmond, Virginia, (Apr 1992):

Szewczyk, Samuel H., and Tsetsekos, George, Institutional Ownership and the Value of Stock Split Announcements, Southern Finance Association: Key West, Florida, (Nov 1991):

Szewczyk, Samuel H., and Varma, Raj, The Private Placement of Bank Equity, Financial Management Association: Chicago, Illinois, (Oct 1991):

Szewczyk, Samuel H., and Tsetsekos, George, State Intervention in the Market for Corporate Control: The Case of Pennsylvania Senate Bill 1310, Financial Management Association: Chicago, Illinois, (Oct 1991):

Szewczyk, Samuel H., Tsetsekos, George, and Varma, Raj, Institutional Ownership and the Liquidity of Common Stock Offerings, Eastern Finance Association: Hot Springs, Virginia, (Apr 1991):

Szewczyk, Samuel H., and Tsetsekos, George, State Intervention in the Market for Corporate Control: The Case of Pennsylvania Senate Bill 1310, Eastern Finance Association: Hot Springs, Virginia, (Apr 1991):

Ratner, Mitchell, and Szewczyk, Samuel H., Testing the Informational Efficiency of Common Stock Prices During Common Stock Repurchases, Eastern Finance Association: Charleston, South Carolina, (Apr 1990):

Ratner, Mitchell, and Szewczyk, Samuel H., Testing the Informational Efficiency of Common Stock Prices During Common Stock Repurchases, Midwest Finance Association Meetings: Chicago, Illinois, (Mar 1990):

Ratner, Mitchell, and Szewczyk, Samuel H., Testing the Informational Efficiency of Common Stock Prices During Common Stock Repurchases, Southwest Finance Association: Dallas, Texas, (Mar 1990):

Szewczyk, Samuel H., and Uzun, Hatice, An Examination of the Relationship between Corporate Fraud and Effectiveness of Internal and External Monitoring, Multinational Finance Society Sep 2003. (Sep 2003):

Liu, Yi, Szewczyk, Samuel H., and Zantout, Zaher, Article Title: An Examination of the Long Run Market Reaction to Announcements of Dividend Omissions and Reductions, Multinational Finance Society Sep 2003. (Sep 2003):

Song, Wei-Ling, Szewczyk, Samuel H., and Tsetsekos, George, Multinational Finance Society, Multinational Finance Society Sep 2001. (Sep 2001):