Faculty & Staff
|  | Assistant Professor of Finance Professional Homepage jrbrown@iastate.edu (515) 294-4668 3331 Gerdin Business Building Ames, IA 50011-1350 | |
Academic History PhD, Washington University in St. Louis MA, Washington University in St. Louis MS, University of Kentucky BA, Transylvania University Expertise Financing R&D and Innovation; Financial Markets and Economic Performance; Corporate Liquidity Management and Investment Volatility; Private Equity and Entrepreneurial Finance Selected Publications Financing Innovation and Growth: Cash Flow, External Equity and the 1990s R&D Boom (with S. Fazzari and B. Petersen). 2009. Journal of Finance, 64(1), 151-185. (Finalist for the Brattle Prize) Why Has the Investment-Cash Flow Sensitivity Declined so Sharply? Rising R&D and Equity Market Developments (with B. Petersen). 2009. Journal of Banking and Finance, 33(5), 971-984. Financial Market Crises and Natural Resource Production (with L. Lax and B. Petersen). 2010. International Review of Finance, 10(1), 93-124. Public Entrants, Public Equity Finance and Creative Destruction (with B. Petersen). 2010. Journal of Banking and Finance, 34(5), 1077-1088. Auditor Independence and the Quality of Information in Financial Disclosures: Evidence for Market Discipline vs. Sarbanes-Oxley Proscriptions (with D. Falaschetti and M. Orlando). 2010. American Law and Economics Review, 12(1), 39-68. Cash Holdings and R&D Smoothing (with B. Petersen). 2011. Journal of Corporate Finance, 17(3), 694-709. Access to Private Equity and Real Firm Activity: Evidence from PIPEs (with Y. Floros). 2012. Journal of Corporate Finance, 18(1), 151-165. Law, Stock Markets, and Innovation (with G. Martinsson and B. Petersen). 2012. Journal of Finance, forthcoming. Work in Progress: Do Financing Constraints Matter for R&D? (with G. Martinsson and B. Petersen). Under second round review at the European Economic Review. Work in Progress: R&D Sensitivity to Asset Sale Proceeds: New Evidence on Financing Constraints and Intangible Investment. (with G. Borisova). Under review. | |||