Working Papers
"Building an
Entrepreneurial Culture in Mexico" Fernando Fabre and Richard Smith
Prepared for Nacional Financiera, SNC. (pdf)
"Cost
of Capital for Venture Capitalists and Underdiversified Entrepreneurs"
Richard Smith, Janet Kiholm Smith and Frank Kerins
"How IPO Pricing
Method Affects Underpricing and Issue Cost: Evidence on Japan's Change
from Auction Method Pricing to Book-Building" Richard Smith and Kenji
Kutsuna
"SEC's
Fair Value Standard for Mutual Fund Investment in Restricted and Other
Illiquid Securities" Richard Smith, Janet Smith and K. Williams
TALKS:
"The
Future of New Venture Finance"
Presentation by Richard Smith, Director
of the Venture Finance Institute to Drucker School Alumni
Association,
September 2001. (pdf
or Word)
"The Future of New Venture Finance: Transition from Art to Science" Presentation by Richard Smith, Director of the Venture Finance Institute to Quantitative Investment Association of Los Angeles. (PowerPoint)
Entrepreneurial Finance, 2000, Wiley: New York, NY, Richard Smith
and Janet Smith
"The
Unwinding of Venture Capital Investments: Insider Selling During Equity
IPOs", Journal of Corporate Finance, 1998, Richard Smith and T. Lin.
"Determinants
of Contract Choice: The Use of Warrants to Compensate Underwriters of
Seasoned Equity Issues", Journal of Finance, March 1996, Richard
Smith and C. Ng.
"Market discounts and Shareholder Gains for Placing Equity Privately",
Journal of finance, vol. 48, June 1993, pp. 459-485, Richard Smith and
M. Hertzel.
"The
Choice of Issuance Procedure and the Cost of Competitive and Negotiated
Underwriting: An Examination of the Impact of Rule 50", Journal of
Finance, July 1987, Richard Smith.
"The Application of Errors-in-Variables Methodology to Capital Market
Research: Evidence on the Small Firm Effect", Journal of Financial
and Quantitative Analysis, December 1985, Richard Smith and J .R. Booth.
"Direct Equity Financing - Resolution of a Paradox: A Comment", Journal
of Finance, December 1984, Richard Smith and M. Dhatt.
"Efficiency
Gains from Strategic Investment", Journal of Industrial Economics,
P.W.S. Andrews prize for 1980, September 1981, Richard Smith.
DOWNLOADABLE RESEARCH PAPERS:
"The Choice of Payment Terms in Trade Credit Financing", Journal of
Finance, 1999 forthcoming, Richard Smith, Janet Smith and C. Ng.