Alan Douglas
Associate Professor
Accounting and Finance
University of Waterloo
Canada
Biography
My research focuses on issues relating to corporate finance, economics, and accounting, with a focus on corporate incentives. I am particularly interested in the information problems and agency conflicts that determine optimal performance measures, compensation schemes and financial structure.
Research Interest
"""Payout policy and financial flexibility"" ""CEO pay sensitivity and dividend policy"", with Ranjini Jha. ""Investment, Perks and Sticky Dividends"", with Neil Brisley ""Information asymmetry and manager specific human capital"", with Neil Brisley ""Cash flow volatility and bond returns"", with Alan Huang and Ken Vetzal, Value Based Measurement and Management, Corporate Finance and Value Based Performance, Managerial Incentives and Corporate Finance,"
Publications
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Douglas, Alan., 'Managerial Opportunism and Proportional Corporate Payout Policies' , Managerial Finance 33, 2007, 26-42."
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Douglas, Alan, Ken Vetzal and Alan Huang, 'Cash Flow Volatility and Bond Yield Spread', forthcoming in the Review of Quantitative Finance and Accounting. Douglas, Alan., ' Interactions Between Manager, Shareholder and Bondholder Incentive Conflicts', The Financial Review 44, 2009, 151-178.
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"Brisley, Neil, and Alan Douglas, 'Optimal Information Asymmetry, the Control Environment, and Investment in Firm-Specific Human Capital', accepted for publication in the May 2015 edition of The Accounting Review.
