Visit cfosurvey.org to see the newest data from The CFO Survey.

WHITE PAPERS

Special surveys of financial executives conducted by John Graham and Cam Harvey of Duke University.

Capital Allocation and Delegation of Decision Authority within Firms

Capital Structure, Capital Budgeting, and Cost of Capital (academic version)

Graham, John R., and Campbell Harvey, 2001, The Theory and Practice of Corporate Finance: Evidence from the Field, Journal of Financial Economics 60, 187-243.
— winner of the Jensen Prize for the best corporate finance paper published in the Journal of Financial Economics
— Reprint in Recent Developments in Corporate Finance, ed. Jay Ritter, Edward Elgar Publishing, 2003

Capital Structure, Capital Budgeting, and Cost of Capital (practitioner version)

Graham, John R., and Campbell Harvey, 2002, How Do CFOs Make Capital Budgeting and Capital Structure Decisions?Journal of Applied Corporate Finance 15, 8-23.

Dividend and Share Repurchase Decisions

Brav, Alon, John R. Graham, Campbell Harvey and Roni Michaely, 2005, Payout Policy in the 21st CenturyJournal of Financial Economics 77, 483-527.
— winner of the Jensen Prize for the best corporate finance paper published in the Journal of Financial Economics

Earnings Management and Voluntary Disclosure

Graham, John R., Cam Harvey and Shiva Rajgopal, 2005, The Economic Implications of Corporate Financial ReportingJournal of Accounting and Economics 40, 3-73.
— winner of the 2006 Notable Contribution to Accounting Literature Award
— winner of the 2006 FARS (Financial and Reporting Section) best paper award, American Accounting Association

Expected Stock Market Equity Risk Premium

The Insensitivity of Investment to Interest Rates: Evidence from a Survey of CFOs

FEDS Working Paper
Steven A. Sharpe and Gustavo Suarez
Federal Reserve Board – Research & Statistics and Federal Reserve Board

Managerial Attitudes and Corporate Actions

Managerial Confidence and Corporate Policies

Real Effects of Financial Constraints and Credit Crisis

Repatriation and other Corporate Tax Issues

Risk Management

Review Surveys
View surveys as they were presented to participants in English, Spanish, French, Chinese, Japanese, and Dutch.