Biography
Brickley has served as a full-time faculty member at the Simon School since 1990. He is currently the Gleason Professor of Business Administration and Senior Associate Dean of Faculty and Research. His primary research interests are in the areas of corporate governance and the economics of organizations. Brickley is a past winner of the Simon School’s Distinguished Teaching Award. He has also been listed multiple times on the School’s Teaching Honor Roll. Brickley has consulted with various corporations and law firms.
Courses
Corporate Governance
Managerial Economics
Strategy Org & Firm Value
Competitive Strategy
Research Interests
Professor Brickley has research and teaching interests in the economics of organizations, corporate governance, executive compensation, corporate finance, franchising, and banking. His papers have been published in the Journal of Business, the Journal of Law and Economics, the Journal of Finance, the Journal of Accounting and Economics, the Journal of Financial Economics, the Journal of Economic Perspectives, the Journal of Law Economics and Organizations, the Journal of Empirical Legal Studies, the Journal of Economic Behavior and Organization, Health Economics, the Journal of Risk and Insurance, the Journal of Financial and Quantitative Analysis, Financial Management, and the Journal of Corporate Finance. The seventh edition of Managerial Economics and Organizational Architecture (authored by Brickley, Clifford W. Smith Jr. and Jerold L. Zimmerman) was published by McGraw-Hill/Irwin in 2021. Brickley, Smith, Zimmerman and Janice Willett authored a trade version of this text entitled Designing Organizations to Create Value in 2003. Brickley and Smith published An Advanced Introduction to Corporate Finance in 2022 (Edward Elgar Publisher). Brickley has served as associate editor of finance and accounting journals. Various studies have reported that Brickley is among the more cited researchers in leading finance journals. In 2002, three of his published papers received the Journal of Financial Economics All Star Paper Award (based on number of citations).
Publications
Advanced Introduction to Corporate Finance
2022
Edward Elgar Publishing
“Are Firms with ‘Deep Pockets’ More Responsive to Tort Liability? Evidence from Nursing Homes”
2022
Health Economics/Wiley
Issue
8
Volume
31
Managerial Economics and Organizational Architecture
2021
McGraw-Hill Irwin
Issue
7th
Five-Star Ratings and Managerial Turnover: Evidence from the Nursing Home Industry
2021
The Journal of Law, Economics, and Organization
Malpractice Laws and Incentives to Shield Assets: Evidence from Nursing Homes
2017
Journal of Empirical Legal Studies
Issue
2
Volume
14
Managerial Economics and Organizational Architecture
2016
McGraw Hill
Issue
6th
Managerial Economics and Organizational Architecture 6th ed
2014
McGraw Hill Irwin
Issue
6
Ownership, Branding and Multiple Audience Concerns: Evidence from Nursing Homes
2013
Academy of Management Proceedings
Issue
1
Volume
2013
The Economic Determinants of Vertical Organizations: Evidence from Bankers' Banks
2012
Journal of Financial Economics
Vertical integration to avoid contracting with potential competitors: evidence from bankers’ banks
2012
Journal of Financial Economics
Issue
1
Volume
105
Ownership, Branding and Multiple Audience Concerns: Evidence from Nursing Homes
2011
Simon School Working Paper No. FR 11-26
Corporate Governance Myths
2010
Journal of Accounting and Economics
Board composition and nonprofit conduct: Evidence from hospitals
2010
Journal of Economic Behavior & Organization
Issue
2
Volume
76
Corporate governance myths: comments on Armstrong, Guay, and Weber
2010
Journal of Accounting and Economics
Issue
2
Volume
50
Using Organizational Architecture to Lead Change*
2009
Journal of Applied Corporate Finance
Issue
2
Volume
21
The Role of CEOs in Large Corporations: Evidence from Ken Lay at Enron
2007
Simon School Working Paper No. FR 07-14
Contract Duration: Evidence from Franchising
2006
Journal of Law and Economics
Volume
XLIX
Economía empresarial y arquitectura de la organización
2005
McGraw-Hill
Board Composition and Private Inurement in Nonprofit Organisations: Evidence from Hospitals
2004
Manuscript (University of Rochester)
Diseno de organizaciones para crear valor: de la estrategia a la estructura
2004
McGraw-Hill
Managerial Economics and Organizational Architecture
2004
New York: McGraw-Hill/Irwin
Board structure and executive compensation in nonprofit organizations: Evidence from hospitals
2003
William E. Simon Graduate School of Business Administration, University of Rochester
Boundaries of the firm: evidence from the banking industry
2003
Journal of Financial Economics
Issue
3
Volume
70
Contract duration: Evidence from franchise contracts
2003
Simon School of Business Working Paper No. FR
Corporate governance, ethics, and organizational architecture
2003
Journal of Applied Corporate Finance
Issue
3
Volume
15
Empirical research on CEO turnover and firm-performance: A discussion
2003
Journal of Accounting and Economics
Issue
1
Volume
36
执行力组织: Designing organizations to create value
2003
汕头大学出版社
Business ethics and organizational architecture
2002
Journal of Banking & Finance
Issue
9
Volume
26
Designing organizations to create value: From strategy to structure
2002
McGraw Hill Professional
Designing organizations to create value: From strategy to structure
2002
New York: McGraw-Hill
Managerial Incentives in Nonprofit Organizations: Evidence from Hospitals*
2002
Journal of law and Economics
Issue
1
Volume
45
Royalty rates and upfront fees in share contracts: evidence from franchising
2002
Journal of Law, Economics, and Organization
Issue
2
Volume
18
Changing incentives in a multitask environment: evidence from a top-tier business school
2001
Journal of Corporate finance
Issue
4
Volume
7
Does the Decision to Retain Retiring Executives on the Board of Directors Help to Control Agency Problems in American and Japanese Firms?
2001
Palgrave Macmillan UK
La teoría del juego en la estrategia empresarial
2001
Harvard Deusto Business Review
Issue
103
Managerial economics and organizational architecture
2001
McGraw-Hill/Irwin
Volume
7
An introduction to game theory and business strategy
2000
Journal of Applied Corporate Finance
Issue
2
Volume
13
BOARD SEATS FOR RETIRED CEOS? IT DEPENDS ON HOW THEY PERFORM BEFORE THEY RETIRE.
2000
Directorship
Issue
5
Volume
26
Incentives in nonprofit organizations: Evidence from hospitals
2000
Simon School of Business Working Paper No. FR 00-02
Fundamentos economicos da arquitetura organizacional
1999
Sumários Revista da ESPM
Issue
1
Volume
6
Incentive conflicts and contractual restraints: evidence from franchising*
1999
The Journal of Law and Economics
Issue
2
Volume
42
Introduction: Special issue on franchising
1999
Journal of Business Venturing
Issue
4
Volume
14
Teaching the Economics of Organizations
1999
Financial Practice and Education
Volume
9
What happens to CEOs after they retire? New evidence on career concerns, horizon problems, and CEO incentives
1999
Journal of Financial Economics
Issue
3
Volume
52
’The Impact of Long-Range Managerial Compensation Plans on Shareholder Wealth’, Journal of Accounting and Economics, 7 (1-3), April, 115-29
1999
INTERNATIONAL LIBRARY OF CRITICAL WRITINGS IN ECONOMICS
Volume
103
Leadership structure: Separating the CEO and chairman of the board
1997
Journal of Corporate Finance
Issue
3
Volume
3
Management fads and organizational architecture
1997
Journal of Applied Corporate Finance
Issue
2
Volume
10
Managerial Economics and Organizational Architecture
1997
Richard d Irwin
Organizational architecture: A managerial economics approach
1996
Irwin
Corporate leadership structure: On the separation of the positions of CEO and Chairman of the Board
1995
The economics of organizational architecture
1995
Journal of Applied Corporate Finance
Issue
2
Volume
8
Transfer pricing and the control of internal corporate transactions
1995
Journal of Applied Corporate Finance
Issue
2
Volume
8
Accounting information and internal performance evaluation: evidence from Texas banks
1994
Journal of Accounting and Economics
Issue
3
Volume
17
Corporate Leadership Structure: On the Separation of the Positions of CEO and Chairman of the Board
1994
Corporate voting: Evidence from charter amendment proposals
1994
Journal of Corporate Finance
Issue
1
Volume
1
Ethics, incentives, and organizational design
1994
Journal of Applied Corporate Finance
Issue
2
Volume
7
LEADERSHIP STRUCTURE-ON THE SEPARATION OF THE POSITIONS OF CEO AND CHAIRMAN OF THE BOARD
1994
Issue
3
Volume
49
Outside directors and the adoption of poison pills
1994
Journal of financial Economics
Issue
3
Volume
35
The costs of inefficient bargaining and financial distress: Evidence from corporate lawsuits
1994
Journal of Financial Economics
Issue
2
Volume
35
Stock-based incentive compensation and investment behavior
1993
Journal of Accounting and Economics
Issue
1-3
Volume
16
THE BOARD-OF-DIRECTORS AND THE ENACTMENT OF POISON PILLS
1993
Issue
3
Volume
48
An agency perspective on franchising
1991
Financial Management
Defending Against Hostile Takeovers: Impact on Shareholder Wealth
1991
Managerial Finance
Issue
1
Volume
17
Direct employee stock ownership: An empirical investigation
1991
Financial Management
Dividend policy
1991
Palgrave Macmillan UK
Incentives of Divisional Managers: Evidence from Texax Banks
1991
The economic effects of franchise termination laws
1991
The Journal of Law & Economics
Issue
1
Volume
34
The tax-timing option and the discounts on closed-end investment companies
1991
Journal of Business
Internal corporate restructuring: An empirical analysis
1990
Journal of Accounting and Economics
Issue
1
Volume
12
Dividend Policy
1989
Palgrave Macmillan UK
Rational Voting: Evidence from Corporate Charter Amendments
1989
Tulane University
Managerial Goals and the Court System: Some Economic Insights
1988
Can.-USLJ
Volume
13
Ownership structure and voting on antitakeover amendments
1988
Journal of financial economics
Volume
20
The market for corporate control: The empirical evidence since 1980
1988
The Journal of Economic Perspectives
Issue
1
Volume
2
The Wealth Effects of Interfirm Lawsuits: An Empirical Investigation
1988
Center for Research in Security Prices, Graduate School of Business, University of Chicago
Why firms restructure: An empirical analysis
1988
Managerial Indemnification and Liability
1987
Journal of Risk and Insurance
Issue
4
Volume
54
Investment opportunities, the reluctance to cut dividends, and corporate payout policy: The case of annual extra dividends
1987
Managerial Economics Research Center, William E. Simon Graduate School of Business Administration, University of Rochester
Managerial indemnification and liability insurance: The effect on shareholder wealth
1987
Journal of risk and insurance
Ownership structure and the monitoring of managers
1987
University of Rochester, Managerial Economics Research Center, William E. Simon Graduate School of Business Administration
Residual Claims, Decision Rights, and Board Structure
1987
University of Rochester, Managerial Economics Research Center, William E. Simon Graduate School of Business Administration
Shareholder wealth, information signaling and the dividend extra
1987
University Microfilms
The choice of organizational form the case of franchising
1987
Journal of financial Economics
Issue
2
Volume
18
The pricing effects of interfirm cash tender offers
1987
The Journal of Finance
Issue
4
Volume
42
The takeover market, corporate board composition, and ownership structure: The case of banking
1987
The Journal of Law & Economics
Issue
1
Volume
30
Access to deposit insurance, insolvency rules and the stock returns of financial institutions
1986
Journal of Financial Economics
Issue
3
Volume
16
Discussion
1986
The Journal of Finance
Issue
3
Volume
41
Interpreting common stock returns around proxy statement disclosures and annual shareholder meetings
1986
Journal of Financial and Quantitative Analysis
Issue
03
Volume
21
Is board composition a substitute for an active takeover market in banking?
1986
The authorization of additional common stock: an empirical investigation
1986
Financial Management
Incentive effects of stock purchase plans
1985
Journal of Financial Economics
Issue
2
Volume
14
Lifting the lid on closed-end investment companies: A case of abnormal returns
1985
Journal of Financial and Quantitative Analysis
Issue
01
Volume
20
The impact of long-range managerial compensation plans on shareholder wealth
1985
Journal of accounting and economics
Issue
1
Volume
7
Cumulative voting: The value of minority shareholder voting rights
1984
JL & Econ.
Volume
27
Shareholder wealth, information signaling and the specially designated dividend: An empirical study
1983
Journal of Financial Economics
Issue
2
Volume
12
Discussion: empirical evidence on dividends as a signal of firm value
1982
Journal of Financial and Quantitative Analysis
Issue
04
Volume
17