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
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.
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.
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.