Finance

Faculty Research

David Bates
  • The Market for Crash Risk, Journal of Economic Dynamics and Control, vol 32, 2008, 2291-2321
  • Maximum Likelihood Estimation of Latent Affine Processes, Review of Financial Studies, vol 19, 2006, 909-965
  • Hedging the Smirk, Finance Research Letters, vol 2, Issue 4, 2005, 195-200

Matthew Billett
  • The Effect of Growth Opportunities on the Joint Choice of Leverage, Maturity and Covenants, Journal of Finance, vol 62(2), 2007, 697-730
  • Share repurchases and the Need for External Finance, Journal of Applied Corporate Finance, 2007
  • The Takeover Deterrent Effect of Open Market Share Repurchases, Journal of Finance, 2007

John Gallo
  • Institutional Flows and Equity Style Diversification, Applied Financial Economics, vol 18, 2008, 1441-1450
  • Differentiating CREF Performance, Real Estate Economics, vol 34, 2006, 173-209

Jon Garfinkel
  • Information, Incentive Alignment and Company-Loan Financing of Insider Trades, Financial Management, vol 36, 2007, 67-87
  • Are Bank Loans Special? Evidence on the Post-Announcement Performance of Bank Borrowers., Journal of Financial and Quantitative Analysis, vol 41, 2006, 733-751
  • Volume, Opinion Divergence and Returns: A Study of Post - Earnings Announcement Drift, Journal of Accounting Research, vol 44, 2006, 85-112

William Hunter
  • Wither the Community Bank?, Journal of Financial Services Research, vol 25, 2004, 81-84
  • The Past, Present, and Probable Future for Community Banks, Journal of Financial Services Research, vol 25, 2004, 85-133

Erik Lie
  • Does backdating explain the stock price pattern around executive stock option grants?, Journal of Financial Economics, 2007
  • Financial flexibility, performance, and the corporate payout choice, Journal of Business, 2006
  • On the use of poison pills and defensive payouts by takeover targets, Journal of Business, 2006

Yiming Qian
  • Are Overconfident CEOs Born or Made? Evidence of Self-Attribution Bias from Frequent Acquirers, Management Science, vol 54 (6), 2008, 1037-1051 (lead article)
  • Financial System Design and Liquidity Provision by Banks and Markets in a Dynamic Economy, Journal of International Money and Finance, vol 23(3), 2004, 385-403
  • Wealth Gains from Tracking Stocks: Long-run Performance and Ex-date Returns, Financial Management, vol 33 (3), 2004, 83-106

Thomas Rietz

Jay Sa-Aadu
  • Is Real Estate Becoming Important Again? A Neo-Recardian Model of Land Rent, Real Estate Economics, vol 32, 2004, 33-54

Ashish Tiwari
  • Does Stock Return Predictability Imply Improved Asset Allocation and Performance? Evidence from the U.S. Stock Market (1954-2002), Journal of Business, vol 79 (5), 2006, 2423-2468
  • Stock Return Momentum and Investor Fund Choice, Journal of Investment Management, vol 4 (3), 2006, 73-85
  • The Economic Value of a Trading Floor: Evidence from the American Stock Exchange, Journal of Business, vol 77(2), 2004

Anand Vijh
  • Incentive effects of stock and option holdings of target and acquirer CEOs, The Journal of Finance, vol 61, 2007, 1891-1933
  • Does a parent-subsidiary structure enhance financing flexibility?, The Journal of Finance, vol 61, 2006, 1337-1360
  • Executive stock and option valuation in a two state-variable framework, The Journal of Derivatives, lead article, vol 12, 2005, 9-27

Paul Weller
  • The Adaptive Market Hypothesis: Evidence from the Foreign Exchange Market, Journal of Financial and Quantitative Analysis, vol 44, 2009
  • Central Bank Intervention with Limited Arbitrage, International Journal of Finance and Economics, vol 12, 2007, 249-260
  • Quantifying Cognitive Bias in Analyst Earnings Forecasts, Journal of Financial Markets, vol 9, 2006, 333-365

Tong Yao
  • The Information Content of Idiosyncratic Volatility, Journal of Financial and Quantitative Analysis, vol 44, 2009, 1-28
  • Do Mutual Funds Profit from the Accruals Anomaly?, Journal of Accounting Research, vol 46 (1), 2008, 1-26
  • Prudent Man or Agency Problem? On the Performance of Insurance Mutual Funds, Journal of Financial Intermediation, vol 16, 2007, 175-203