Recent Publications from the Faculty of Finance
Otto C, Volpin P, 'Marking to Market and Inefficient Investment Decisions,' Management Science
Kraft A, Vashishta R and Venkatachalam M, 'Frequent Financial Reporting and Managerial Myopia,' Accounting Review
Beck T, Degryse H, De Haas R, and van Horen, 'When Arm’s Length Is Too Far. Relationship Banking over the Credit Cycle', Journal of Financial Economics, 127 (1), pp. 174-96.
Beck T, Ioannidou V, and Schaefer L, 'Foreigners vs. Natives: Bank Lending Technologies and Loan Pricing,' Management Science, forthcoming.
Bruche M and Segura A, ‘Debt Maturity and the Liquidity of Secondary Debt Markets,’ Journal of Financial Economics 124(3), pp. 599-613.
Favara G, Morellec E, Schroth E, and Valta P, 'Debt Enforcement, Investment, and Risk Taking Across Countries,' Journal of Financial Economics 123(1), pp. 22-41.
Menkhoff L, Sarno L, Schmeling M and Schrimpf A, ‘Currency Value,’ Review of Financial Studies 30(2), pp. 416–41.
Keswani A, Stolin D, and Tran A, 'Frenemies: how do financial firms vote on their own kind?,' Management Science, 63 (3), pp. 631-54.
Dessaint O, Golubov A, Volpin P, ‘Employment Protection and Takeovers,’ Journal of Financial Economics, 125 (2), pp. 369-88.
Abbassi P, Iyer R, Peydró J L and Tous F R, 'Securities trading by banks and credit supply: Micro-evidence from the crisis,' Journal of Financial Economics 121(3), pp.569-94.
Acharya V, Pagano M, and Volpin P, 'Seeking Alpha: Excess risk taking and competition for managerial talent,' Review of Financial Studies 29(10), pp. 2565-99.
Della Corte P, Ramadorai T, and Sarno L, 'Volatility Risk Premia and Exchange Rate Predictability,' Journal of Financial Economics 120(1), pp. 21-40.
Della Corte P, Riddiough SJ and Sarno L, ‘Currency Premia and Global Imbalance,’ Review of Financial Studies 29(8), pp. 2161-93.
Menkhoff L, Sarno L, Schmeling M, and Schrimpf A, 'Information flows in foreign exchange markets: Dissecting customer currency trades,' Journal of Finance 71(2), pp. 601-34.
Fich, E.M., Rice, E.M. and Tran, A.L., 'Contractual revisions in compensation: Evidence from merger bonuses to target CEOs', Journal of Accounting and Economics 61(2-3), pp. 338-368.
Beber A, Brandt M, Luisi M, 'Distilling the Macroeconomic News Flow', Journal of Financial Economics 117(3), pp. 449-670.
Cespa G, Vives, X, ’The Beauty Contest and short-term trading', Journal of Finance 70(5), pp. 2099-2154.
Albuquerque R, Schroth E, 'The Value of Control and the Costs of Illiquidity', Journal of Finance 70(4), pp.1405-1455.
Fich E M, Harford J, and Tran A L, 'Motivated monitors: the importance of institutional investors’ portfolio weights', Journal of Financial Economics 118, pp. 21-48
Ohlson JA and Bilinski P, ‘Risk Versus Anomaly: A New Methodology Applied to Accruals,’ Accounting Review 90(5), pp. 2057-77.
Simintzi E, Vig V, Volpin P, 'Labor Protection and Leverage', Review of Financial Studies 28(2), pp. 561-91.
Amir E, Kallunki JP, Nilsson H, 'The association between individual audit partners' risk preferences and the composition of their client portfolios', Review of Accounting Studies 19(1), pp. 103-133.
Amir E, Einhorn E, Kama I, 'The role of accounting disaggregation in detecting and mitigating earnings management', Review of Accounting Studies 19(1), pp. 43-68.
Beck T, Lin C, Ma Y, 'Why Do Firms Evade Taxes? The Role of Credit Information Sharing and Banking Sector Outreach', Journal of Finance 69, pp. 763-817.
Bruche M, Llobet, G, 'Preventing Zombie Lending', Review of Financial Studies 27(3), pp. 923-56.
Cespa G, Foucault T, 'Illiquidity contagion and liquidity crashes', Review of Financial Studies 27(6), pp. 1615-60.
Cespa G and Foucault T, ‘Sale of Price Information by Exchanges: Does It Promote Price Discovery?’ Management Science 60(1), pp. 148-65.
Schroth E, Suarez G, Taylor L, 'Dynamic debt runs and financial fragility : Evidence from the 2007 ABCP crisis', Journal of Financial Economics 112(2), pp.164-189.