Finance Working Papers
Finance
Reena Aggarwal – Professor of Business Administration and Finance
- Influence of Public Opinion on Investor Voting and Proxy Advisors?
- Fraud, Market Reaction, and Role of Institutional Investors in Chinese Listed Firms
- Economic Consequences of Corporate Governance Mandates for Poorly Governed Firms
- The Role of Institutional Investors in Voting: Evidence from the Securities Lending Market
- The Growth of Global ETFs and Regulatory Challenges
James Angel – Associate Professor
- Investigating El Niño‐Southern Oscillation and Society Relationships
- When Finance Meets Physics: The Impact of the Speed of Light on Financial Markets and Their Regulation
- The Ethics of Payments: Paper, Plastic or Bitcoin?
- When Finance Meets Physics: The Impact of the Speed of Light on Financial Markets and Their Regulation
Turin Bali – Robert S. Parker Chair Professor of Business Administration
- Analyst Price Target Expected Returns and Option Implied Risk
- Betting Against Beta or Demand for Lottery
- Macroeconomic Uncertainty and Expected Stock Returns
- Tail Thickness in Stock Return Distributions: A Market Microstructure Explanation
- The Join Cross Sections of Stocks and Options
- Macroeconomic Risk and Hedge Fund Returns
- Hybrid Tail Risk and Expected Stock Returns: When Does the Tail Wag the Dog?
- Option Implied Volatility, Skewness, and Kurtosis and the Cross-Section of Expected Stock Returns
- Risk, Uncertainty, and Expected Returns
- The Conditional CAPM Explains the Value Premium
- Systematic and Idiosyncratic Risk in the Cross-Section of Price Target Expected Returns
- Dynamic Conditional Beta is Alive and Well in the Cross-Section of Daily Stock Returns (with Robert F. Engle and Yi Tang)
- Liquidity Shocks and Stock Market Reactions
- Do Hedge Funds Outperform Stocks & Bonds?
- A New Approach to Measuring Riskiness in the Equity Market: Implications for the Risk Premium
- Investing in Stock Market Anomalies
- Implied Volatility Spreads and Expected Market Returns
- A New Approach to Measuring Riskiness in the Equity Market: Implications for the Risk Premium
- Does Risk-Neutral Skewness Predict the Cross-Section of Equity Option Portfolios Returns?
- Implied Volatility Spreads and Expected Market Returns
- Investing in Stock Market Anomalies
George Comer – Associate Professor
Sandeep Dahiya – Associate Professor
- A Theoretical Framework for Evaluating Debtor-in-Possession Financing
- The Role of Private Equity Investments in Public Companies: International Evidence
- Do Shareholder Rights Affect Syndicate Structure? Evidence From a Natural Experiment
- Firm Opacity Lies in the Eye of the Beholder
Lee Pinkowitz – Associate Professor
- Revenue Adequacy: The Good, the Bad, and the Ugly
- Do U.S. Firms Hold More Cash?
- Is there a U.S. High Cash Holdings Puzzle After the Financial Crisis?
- Multinationals and the High Cash Holdings Puzzle
Alberto Rossi – Associate Professor of Finance
David A. Walker – John A. Largay Professor Emeritus
Rohan Williamson – Professor; Stallkamp Research Fellow
- Do U.S. Firms Hold More Cash?
- Can Firms Loosen Financial Constraints?
- Is there a U.S. High Cash Holdings Puzzle After the Financial Crisis?
- Financing Constraints and Acquisitions
- Multinationals and the High Cash Holdings Puzzle
Jie Yang – Assistant Professor
- Patent Litigation and Shareholder Value: The Impact of Defendant Cash Holdings
- Options, Risks, and the Value of Financial Flexibility: Implications for Finance Constraints
- Can Firms Loosen Financial Constraints?
- Financing Constraints and Acquisitions
- The Impact of Financing Constraints on Capital Structure
- Firm Performance and Changes in Institutional Ownership
- Patent Litigation and Cost of Capital
Accounting
Preeti Choudhary – Assistant Professor
- The Impact of Auditor-Provided Tax Services on Tax Accrual Quality
- Assessing Financial Reporting Risk in the Income Tax Accrual
- Do Auditor-Provided Tax Services Impair Independence or Generate Knowledge Spillover?
- Boards, Auditors, Attorneys and Compliance with Mandatory SEC Disclosure Rules
- Assessing the Quality of the Income Tax Accrual
- Evidence that Market Participants Assess Recognized and Disclosed Items Similarly when Reliability is not an Issue
- Disclosure Timing and the Economic Role of Mandatory Reporting: Evidence from Managers’ Decisions to File Audited Reports Early
- Timeliness of Form 10-K, Firm Financial Performance and Information Uncertainty
- Evidence on differences between Recognition and Disclosure: A Comparison of Inputs to Estimate Fair Values of Employee Stock Options
Jason Schloetzer – Assistant Professor
- The Activism of Carl Icahn and Bill Ackman
- Global Trends in Board-Shareholder Engagement
- CEO Succession Practices: 2012 Edition
- Boards, Auditors, Attorneys and Compliance with Mandatory SEC Disclosure Rules
- Preparing for a Succession Emergency: Learning from Unexpected CEO Departures
- Economic Consequences of Corporate Governance Mandates for Poorly Governed Firms
- Disclosure Timing and the Economic Role of Mandatory Reporting: Evidence from Managers’ Decisions to File Audited Reports Early
- Does Filing Form 10-K Early Matter?