European Financial Management Association
2006 Annual Meetings
June 28-July 1, 2006
Madrid, Spain

A

Abad David, Pascual Roberto
Email: goliat@ua.es
Switching to a Temporary Call Auction in Times of High Uncertainty

Abdallah Wissam, Goergen Marc
Email: wissam.abdallah@lau.edu.lb
Does corporate control determine the cross-listing location?

Agarwal Vineet, Taffler Richard
Email: vineet.agarwal@cranfield.ac.uk
Twenty-five years of Z-scores in the UK: do they really work?

Agyei-Ampomah Sam
Email: s.agyei-ampomah@aston.ac.uk
The post-cost profitability of momentum trading strategies: Further evidence from the UK

Ahoniemi Katja
Email: katja.ahoniemi@hse.fi
Modeling and forecasting implied volatility - an econometric analysis of the VIX index

Aksu Mine, Kosedag Arman
Email: maksu@sabanciuniv.edu
The relationship between transparency & disclosure and firm performance in the ISE: Does IFRS adoption make a difference?

Al-Ahmad Zeina, Saadouni Brahim
Email: zeinaalahmad2002@yahoo.com
The voluntary disclosure of profits forecasts in UK IPOs prospectuses, its determinants and implications

Alain Coen, Aurélie Desfleurs
Email: coen.alain@uqam.ca
Another look at information costs and home bias: Evidence from earnings opacity and financial analysts

Albrecht Dr. Peter, Maurer Raimond, Rogalla Ralph
Email: p.albrecht@bwl.uni-mannheim.de
Implications of optimal investment policies for hybrid pension plans: Sponsor and member perspectives

Alemany Luisa, Marti Jose
Email: luisa.alemany@esade.edu
Do venture capitalists characteristics affect the performance of the firms they back?

Alexandrou George, Koulakiotis Athanasios, Dasilas Apostolos
Email: G.Alexandrou@kingston.ac.uk
Developments in the integration of European banking system and the introduction of Euro

Alves Carlos, Mendes Victor
Email: calves@fep.up.pt
Institutional investor’s activism: Does the portfolio management skill matter?

Amaro De Matos Joao, Lacerda Ana
Email: amatos@fe.unl.pt
Dry markets and statistical arbitrage bounds for European derivatives

Anagnostopoulou Seraina , Levis Mario
Email: s.anagnostopoulou@city.ac.uk
R&D and performance persistence: Evidence from the UK

Andreev Andriy, Sjöholm Hans-Kristian
Email: andriy.andreev@hanken.fi
Projections of pension fund solvency under alternative accounting regimes

Andreou Panayiotis, Charalambous Chris, Martzoukos Spiros
Email: benz@avacom.net
Knowledge artificial neural networks to enhanced parametric option pricing

Andres Christian
Email: andres@uni-bonn.de
Family ownership as the optimal organizational structure?

Andreu Jordi, Torra Salvador
Email: jordi.andreuc@urv.net
Market index creation by value-at-risk minimization. A methodological and empirical proposal.

Arisoy Yakup Eser, Altay-Salih Aslihan, Akdeniz Levent
Email: yaeser@bilkent.edu.tr
Is volatility risk priced in the securities market? Evidence from S&P 500 index options

Armerin Fredrik, Jensen Bjarne Astrup, Björk Tomas
Email: fredrik@framkonsulter.se
Term structure models with constant and proportional shifts

Arsiraphongphisit Oraluck, Ariff Mohamed
Email: oraluck.a@buseco.monash.edu.au
Capital market reaction to equity private placement, relative capital structure change and firm value: Australian evidence

Asgharian Hossein, Karlsson Sonnie
Email: Hossein.Asgharian@nek.lu.se
An empirical evaluation of international asset pricing models

Asparouhova Elena, Hertzel Michael, Lemmon Michael
Email: e.asparouhova@utah.edu
Behavioral biases and investor behavior: predicting the next step of a random walk

Athanassakos George
Email: gathanassakos@ivey.uwo.ca
Seasonal patterns in Canadian financial markets and the impact of professional portfolio rebalancing: Evidence of profitable opportunities

Attaoui Sami
Email: sattaoui@yahoo.com
A stochastic volatility swap market model

Aussenegg Wofgang, Jelic Ranko
Email: waussen@pop.tuwien.ac.at
Does private ownership always improve firm performance? The case of Central European transition economies

B

Bacmann Jean-Francois, Massi Benedetti Saverio
Email: jean-francois.bacmann@rmf.ch
Optimal bayesian portfolios of hedge funds

Baele Lieven, Pungulescu Crina, Ter Horst Jenke
Email: lieven.baele@uvt.nl
Home bias and financial market integration: Has time eroded the puzzle?

Bajo Emanuele
Email: emanuele.bajo@unibo.it
The information content of abnormal trading volume

Balboa Marina, Marti Jose, Zieling Nina
Email: marina.balboa@ua.es
Does venture capital really improve portfolio companies’ growth? Evidence from growth companies in continental Europe

Banerjee Suman
Email: Suman.Banerjee@Tulane.edu
Dual-class share issues and mitigating the costs of corporate democracy

Bar Michaela, Kempf Alexander, Ruenzi Stefan
Email: baer@wiso.uni-koeln.de
Team management and mutual funds

Beckmann Daniela, Menkoff Lukas, Suto Megumi
Email: beckmann@gif.uni-hannover.de
Does culture influence asset managers views and behavior?

Behr Patrick, Güttler Andre
Email: behr@finance.uni-frankfurt.de
Does the stock market react to unsolicited ratings?

Bekiros Stelios, Georgoutsos Dimitris
Email: sbekiros@yahoo.gr
Estimating the correlation of international equity markets with multivariate extreme and Garch models

Belze Loic
Email: belze@em-lyon.com
Preventive anti-takeover defenses: Evidence from the French market of corporate control

Berglund Tom, Westerholm Joakim
Email: berglund@shh.fi
Do foreign investors feel threatened by reduced profitability?

Bertoni Fabio, Colombo Massimo G., Croce Annalisa
Email: fabio.bertoni@polimi.it
The effect of (corporate) venture capital on firm’s financial constraints

Bessler Wolfgang, Bittelmeyer Claudia
Email: Wolfgang.Bessler@wirtschaft.uni-giessen.de
Innovation and the performance of technology firms: Evidence from initial public offerings in Germany

Bessler Wolfgang, Stanzel Matthias
Email: Wolfgang.Bessler@wirtschaft.uni-giessen.de
Conflicts of interest and research quality of affiliated analysts: Evidence from IPO underwriting

Betzer Andre
Email: andre.betzer@uni-bonn.de
Does Jensen’s free cash flow hypothesis explain European LBOs today?

Bigelli Marco, Mehrotra Vikas, Rau Raghavendra
Email: marco.bigelli@unibo.it
Expropriation through unification? Wealth effects of dual class share unifications in Italy

Billio Monica, Getmansky Mila, Pelizzon Loriana
Email: Billio@unive.it
Time-varying risk exposure of hedge funds

Bird Ron, Casavecchia Lorenzo
Email: ron.bird@uts.edu.au
Sentiment and financial health indicators for value and growth stocks: the European experience

Blöchlinger Andreas
Email: abloechlinger@swissonline.ch
Testing probability calibrations

Bongini Paola, Di Battista Maria Luisa, Zavarrone Emma
Email: paola.bongini@unimib.it
David and Goliath: Small banks in an era of consolidation. Evidence from Italy

Bortoli Luke, Frino Alex, Jarnecic Elvis
Email: l.bortoli@econ.usyd.edu.au
Limit order book transparency, execution risk and market liquidity

Brealy Richard, Cooper Ian, Kaplanis Evi
Email: rbrealey@london.edu
A test of international equity market integration using evidence from cross-border mergers

Brigitte Godbillon-Camus, Christophe J. Godlewski
Email: brigitte.godbillon@urs.u-strasbg.fr
Credit risk management in banks: hard information, soft information and manipulation

Bris Arturo, Cabolis Christos
Email: Arturo.Bris@imd.ch
Corporate governance convergence through cross-border mergers: The case of Aventis

Bris Arturo, Brisley Neil
Email: arturo.bris@imd.ch
A theory of optimal expropriation, mergers and industry competition

Brooks Robert, Dark Jon, Di Iorio Amalia
Email: robert.brooks@buseco.monash.edu.au
Modelling time-varying asymmetric foreign exchange exposures: An application to the australian stock market

Brusco Sandro, Gava Luana
Email: brusco@emp.uc3m.es
An analysis of cancellations in the Spanish stock exchange.

Bucciol Alessandro, Miniaci Raffaele
Email: alessandro.bucciol@unipd.it
Optimal asset allocation based on expected utility maximization in the presence on inequality constraints

Bugeja Martin, Gibson David
Email: m.bugeja@econ.usyd.edu.au
Does performance improve following takeovers: the use of actual cash flows

Busta Ilduara
Email: ibv.int@cbs.dk
A cross-country study of corporate governance in European banks

Butchey Deanne, Parhizgari Ali M.
Email: Deanne.Butchey@fiu.edu
Trader reactions and investor rationality

C

Cabeza Garcia Laura, Gomez Anson Silvia
Email: lauracabeza@unileon.es
TPrivatisation, liberalisation and performance of divested firms in Spain

Callen Jeffrey, Hope Ole-Kristian, Segal Dan
Email: callen@rotman.utoronto.ca
The pricing of conservative accounting and the measurement of conservatism at the firm-year level

Cao Jack, Owen Sian, Yawson Alfred
Email: jack.x.cao@gmail.com
Analysing the wealth effects of UK divestitures: an examination of domestic and international sales

Capelle-Blancard Gunther
Email: gunther.capelle-blancard@univ-paris1.fr
Volatility trading in options market: how does it affect where informed traders trade?

Carrieri Francesca, Errunza Vihang, Sarkissian Sergei
Email: francesca.carrieri@mcgill.ca
The dynamics of geographical versus sectoral diversification: is there a link to the real economy?

Caruso Annalisa, Palmucci Fabrizio
Email: caruso@economia.unibo.it
Measuring value creation in bank mergers and acquisitions

Caselli Stefano, Gatti Stefano, Di Giuli Alberta
Email: stefano.caselli@unibocconi.it
Are small family firms financially sophisticated?

Cervellati Enrico Maria, Della Bina Antonio Carlo Francesco, Pattitoni Pierpaolo
Email: enrico.cervellati@unibo.it
Market reaction to the issuance of analysts' recommendations

Chahine Salim
Email: sc09@aub.edu.lb
Premium, merger fees and the choice of investment banks: a simultaneous analysis

Chahine Salim, Wright Mike, Filatotchev Igor
Email: sc09@aub.edu.lb
Venture capitalists, business angels, and performance of entrepreneurial IPOs in the UK and France.

Chang Shao-Chi, Chen Sheng-Syan, Lin Wen-Chun
Email: schang@mail.ncku.edu.tw
Internal governance and the wealth effect of R&D expenditure increases

Chapple Larelle, Treepongkaruna Sirimon
Email: l.chapple@law.uq.edu.au
The impact of target board recommendations in australian takeovers

Chateau John Peter
Email: jean-pierre.chateau@groupe-esc-rouen.fr
Basel-2 revised standard approach and beyond: credit risk valuation of short-term loan commitments

Chau Frankie, Holmes Phil, Paudyal Krishna
Email:
The impact of single stock futures on feedback trading and the market dynamics of the cash market: the case of domestic and cross-border universal stock futures

Chen Qiwei, Wood Andrew
Email: qwchen@essex.ac.uk
Tax-loss selling and seasonal effects in the UK

Chevalier Alain, Redor Etienne
Email: chevalier@escp-eap.net
The acquisition of non public firms in Europe: Bidders’ returns, payment methods and stock market evolution

Choi Seung-Doo, Lee Inmoo, Megginson William
Email: mm@deu.ac.kr
Do privatization IPO firms outperform in the long-run?

Chou Ray, Chun-Chou Wu, Yi-Nung Yang
Email: rchou@econ.sinica.edu.tw
The Euro’s Impacts on the Smooth Transition Dynamics of Stock Market Volatilities

Choudhry Taufiq
Email: t.choudhry@soton.ac.uk
Short-run deviations and time-varying hedge ratios: Evidence from agricultural futures markets

Christof Beuselinck, Marc Deloof
Email: C.Beuselinck@uvt.nl
Business groups, taxes and accruals management

Christoffersen Peter, Jacobs Kris, Wang Yintian
Email: peter.christoffersen@mcgill.ca
Option valuation with long-run and short-run volatility components

Chung Kee H., Kim Youngsoo
Email: keechung@buffalo.edu
Volatility, market structure, and liquidity

Chung San-Lin, Wang Yaw-Huei
Email: chungs@management.ntu.edu.tw
Bounds and prices of currency cross-rate options

Ciccone Stephen, Ang James
Email: stephen.ciccone@unh.edu
Issuing debt to pay dividends

Cipollini Andrea, Missaglia Giuseppe
Email: acipol@essex.ac.uk
Business cycle effects on capital requirements: A scenario generation through dynamic factor analysis

Clacher Iain, Faff Robert, Hillier David
Email: busic@leeds.ac.uk
Currency risk management and emerging market bond diversification

Cleary Sean, Booth Laurence
Email: sean.cleary@smu.ca
Cash flow volatility, financial slack and investment decisions

Coakley Jerry, Hadass Leon, Wood Andrew
Email: jcoakley@essex.ac.uk
UK IPO underpricing and venture capitalists

Coakley Jerry, Iliopoulou Stavroula
Email: jcoakley@essex.ac.uk
Wheeling and dealing: target executive compensation in UK m&as

Cortazar Gonzalo, Schwartz Eduardo, Naranjo Lorenzo
Email: gcortaza@ing.puc.cl
Term structure estimation in markets with infrequent trading

Cremers Martijn, Vinay Nair, Kose John
Email: martijn.cremers@yale.edu
Takeovers and the cross-section of returns

Croci Ettore
Email: ettore.croci@lu.unisi.ch
Stock price performance of target firms in unsuccessful acquisitions

Croitoru Benjamin, Lu Lei
Email:
Asset pricing in a monetary economy with heterogeneous beliefs

Cumming Douglas, Johan Sofia
Email: cummid@rpi.edu
Corporate social responsibility: domestic and international institutional investment

Cumming Douglas, Fleming Grant, Schwienbacher Armin
Email: cummid@rpi.edu
Financial intermediaries, ownership structure and monitored finance: Evidence from japan

Cuthbertson Keith, Nitzsche Dirk, O’Sullivan Niall
Email: k.cuthbertson@city.ac.uk
Mutual fund performance : Skill or luck?

D

D’Espallier Bert, Peeters Ludo, Vandemaele Sigrid
Email: bert.despallier@uhasselt.be
Estimating individual financial constraints

D-Addona Stefano, Brevik Frode
Email: sd2123@columbia.edu
Information quality and stock returns revisited

Davies Ryan, Bernhardt Dan
Email: rdavies@babson.edu
Portfolio cross-autocorrelation puzzles

De Ceuster Marc, Annaert Jan, Claes Anouk
Email: marc.deceuster@ua.ac.be
Framing the individual investor - the case of the capital guaranteed funds

De Jong Abe, Roosenboom Peter, Schramade Willem
Email: ajong@rsm.nl
An empirical analysis of European bond tender offers

De Jonghe Olivier, Vander Vennet Rudi, Baele Lieven
Email: olivier.dejonghe@ugent.be
Determinants of systematic and idiosyncratic banking risk in Europe

Del Brio Esther B., De Miguel Alberto
Email: ebrio@usal.es
Dividends and alternative market signals: insider trading

Del Orden Olga, Garmendia Aitor
Email: oorden@ud-ss.deusto.es
Does it matter ownership structure? Performance in Spanish companies

Demirguc-Kunt Asli, Kane Edward J., Laeven Luc
Email: ademirguckunt@worldbank.org
Determinants of deposit-insurance adoption and design

Deville Laurent, Gresse Carole, De Severac Béatrice
Email: Laurent.Deville@dauphine.fr
The introduction of the cCAC40 master unit and the CAC40 index spot-futures pricing relationship

Di Simone Luca
Email:
Credit risk and option pricing theory: Evidence form Italian stock market

Dionne Georges, Duchesne Pierre, Pacurar Maria
Email: georges.dionne@hec.ca
Intraday value at risk (ivar) using tick-by-tick data with application to the toronto stock exchange

Doukas John, Petmezas Dimitris
Email: jdoukas@odu.edu
Acquisitions,overconfident managers and self-attribution bias

Drew Michael, Bianchi Robert
Email: m.drew@qut.edu.au
Hedge funds and the perils of survivorship bias

Drobetz Wolfgang
Email: wolfgang.drobetz@unibas.ch
Heterogeneity in asset allocation decisions - Empirical evidence from Switzerland

Drobetz Wolfgang, Matthias Grueinger
Email: wolfgang.drobetz@unibas.ch
Corporate cash holdings: Evidence from a different institutional setting

Dumitrescu Ariadna
Email: ariadna.dumitrescu@esade.edu
Imperfect competition and market liquidity with a supply informed trader

Duong Huu, Kalev Petko
Email: hnduo1@student.monash.edu
An intraday analysis of the samuelson hypothesis for commodity futures contracts

Dutordoir Marie, Van De Gucht Linda
Email: marie.dutordoir@econ.kuleuven.be
Are there windows of opportunity for convertible debt issuance? Evidence for Western Europe

E

Egorov Alexei, Li Haitao, Baliakin Andrey
Email: avegorov@mail.wvu.edu
Pricing interest rate caps in a generalized ALINE model with stochastic volatility and correlation: Empirical evidence

Ekern Steinar
Email: steinar.ekern@nhh.no
A dozen consistent capm-related valuation models - so why use the incorrect one?

Eller Markus, Haiss Peter, Moser Ulrique
Email: eller@ihs.ac.at
Foreign direct investment in the financial sector: The engine of growth for Central and Eastern Europe?

Elsas Ralf, Hackethal Andreas, Holzhäuser Markus
Email: elsas@bwl.unimuenchen.de
The anatomy of bank diversification

Entrop Oliver, Dietze Leif Holger, Wilkens Marco
Email: oliver.entrop@ku-eichstaett.de
The performance of investment grade corporate bond funds: Evidence from the European market

Eraslan Hulya, Bond Philip
Email: eraslan@wharton.upenn.edu
Information, trade and common knowledge with endogenous asset values

Estrada Javier
Email: jestrada@iese.edu
The fed model: the bad, the worse, and the ugly

F

Fan Chun Ho, Owen Sian, Yawson Alfred
Email: chunhofan@hotmail.com
Post-IPO corporate life cycle, takeovers and wealth effects

Fernandez Pablo
Email: fernandezpa@iese.edu
Valuing companies with a fixed book-value leverage ratio

Ferreira Daniel, Ornelas Emanuel, Turner John
Email: daniel.ferreira@fe.unl.pt
Ownership structure and the market for corporate control

Ferruz Luis, Sarto José Luis, Vargas Maria
Email: lferruz@unizar.es
Market timing and passive investment strategies

Forner Carlos, Sanabria Sonia, Marhuenda Joaquín
Email: carlos.forner@ua.es
Post-earnings anouncement drift: Spanish evidence

Forte Santiago, Peña J. Ignacio
Email: santiago.forte@esade.edu
Credit spreads: Theory and evidence about the information content of stocks, bonds and CDSs

Frino Alex, Gerace Dionigi, Lepone Andrew
Email: afri1432@usyd.edu.au
Bid-ask spreads under auction and specialist market structures: Evidence from the Italian bourse

Fruhwirth Manfred, Schneider Paul, Sogner Leopold
Email: mfruehwirth@wcfia.harvard.edu
The risk microstructure of corporate bonds: A bayesian analysis

Fucks Daniel
Email: Daniel.Fucks@uni-bonn.de
Competition, corporate governance and equity carve-outs – the European case

G

Gajewski Jean-François, Dinh Thanh Huong
Email: gajewski@univ-paris12.fr
An experimental study of trading volume and divergence of expectations around earnings announcement

Galagedera Don
Email: Tissa.Galagedera@buseco.monash.edu.au
Relationship between downside beta and CAPM beta

Garcia Garcia Fernando, Moya Clemente Ismael
Email: fergarga@esp.upv.es
Integration of the monetary market. A gravitational model via target

Gardner Peter, Swan Peter, Gallagher David
Email: peterg@sirca.org.au
Leading the herd to greener pastures: When trade imitation is the most ‘profitable’ form of flattery

Garleanu Nicolae
Email: garleanu@wharton.upenn.edu
Portfolio choice and pricing in illiquid markets

Garrett Ian, Hyde Stuart, Varas Jose
Email: ian.garrett@mbs.ac.uk
The interaction between latin american stock markets and the US

Garvey John
Email: john.garvey@ul.ie
Using options data to optimally rebalance an equity portfolio.

Gatti Stefano, Corielli Francesco, Steffanoni Alessandro
Email: stefano.gatti@uni-bocconi.it
Can nonfinancial contracts influence the pricing of financial contracts and leverage? Evidence from the international project finance loans market

Gershun Natalia, Harrison Sharon
Email: ng65@columbia.edu
Asset pricing in dynamic stochastic general equilibrium models with indeterminacy

Ghicas Dimitrios, Siougle Georgia, Doukakis Leonidas
Email: gikas@aueb.gr
Determinants of Stock Returns Subsequent to Initial Public Offerings

Giambona Erasmo, Golec Joseph
Email: egiambona@rwu.edu
Strategic trading in the wrong direction by a large institutional investor

Giamouridis Daniel, Vrontos Ioannis D., Vrontos S.
Email: dgiamour@aueb.gr
Evaluating hedge fund investments: A Bayesian investigation of skill and persistence

Gil-Bazo Javier, Moreno David, Tapia Mikel
Email: javier.gil.bazo@uc3m.es
Price dynamics, informational efficiency and wealth distribution in continuous double auction markets

Ginglinger Edith, Hamon Jacques
Email: edith.ginglinger@dauphine.fr
Share repurchase regulations: do firms play by the rules?

Goergen Marc, Renneboog Luc, Khurshed Arif
Email: M.Goergen@shef.ac.uk
Initial public offerings on the European new markets: why was underpricing so high and so different between markets?

Gounopoulos Dimitrios
Email: DimiGoun@yahoo.com
Flipping activity in fixed offer price mechanism allocated IPOs

Gregory Alan, Matatko John
Email: a.gregory@ex.ac.uk
Long run abnormal returns to acquiring firms: the form of payment hypothesis, bidder hostility and timing behavior

Groh Alexander, Gottschalg Oliver
Email: groh@bwl.tu-darmstadt.de
The risk-adjusted performance of US buyouts

Grote Michael, Umber Marc
Email:
Home biased? A spatial analysis of the domestic merging behavior of US firms

Guedhami Omrane, Sy Oumar
Email: guedhami@mun.ca
A three-moment intertemporal capital asset pricing model: theory and evidence

Guest Paul
Email: pmg20@cus.cam.ac.uk
Do cross-border acquisitions cause convergence in executive compensation? Evidence from UK acquisitions of u.s. targets

Guidolin Massimo, Ono Sadayuki
Email: Massimo.Guidolin@stls.frb.org
Are the dynamic linkages between the macroeconomy and asset prices time-varying?

Guidolin Massimo, Fugazza Carolina, Nicodano Giovanna
Email: Massimo.Guidolin@stls.frb.org
Investing for the long-run in European real estate

Guidolin Massimo, Hyde Stuart
Email: Massimo.Guidolin@stls.frb.org
Who tames the celtic tiger? Portfolio implications from a multivariate markov switching model

Guidolin Massimo, Nicodano Giovanna
Email: Massimo.Guidolin@stls.frb.org
Small caps in international equity portfolios: the effects of variance risk

H

Hacibedel Burcu
Email: burcu.hacibedel@sbs.ox.ac.uk
Integration a la MSCI: Price impacts of index inclusion in emerging markets

Hafner Reinhold, Wallmeier Martin
Email: reinhold.hafner@risklab.de
Volatility as an asset class: European evidence

Hagemeister Meike, Kempf Alexander
Email: hagemeister@wiso.uni-koeln.de
Employing the residual income model in portfolio optimization

Hallahan Terrence, Faff Robert, Mackenzie Michael
Email: terry.hallahan@rmit.edu.au
Women and risk tolerance in an aging world

Halling Michael, Hayden Evelyn
Email: michael.halling@univie.ac.at
Bank failure prediction: a 2-step approach

Harun Syed M., Hassan M. Kabir, Puri Trib
Email: syed.harun@tamuk.edu
Monetary policy and the investment companies

Hayden Evelyn, Porath Daniel, Westernhagen Natalja
Email: evelyn.hayden@univie.ac.at
Does diversification improve the performance of German banks? Evidence from individual bank loan portfolios

Hayette Gatfaoui
Email: hayette.gatfaoui@groupe-esc-rouen.fr
Is there a latent factor in stock returns?

Helbok Günther, Wagner Christian
Email: guenther.helbok@ba-ca.com
Determinants of operational risk reporting in the banking industry

Hellwig Klaus
Email: hellwig@mathematik.uni-ulm.de
A non-utility maximizing approach to multiperiod portfolio selection

Hens Thorsten, Vlcek Martin
Email: THens@iew.unizh.ch
Does prospect theory explain the disposition effect?

Herkommer Dirk
Email: herkommer@finance.uni-frankfurt.de
Do the recovery rate and the accounting regime matter for pricing corporate bonds and loans? Evidence from models with incomplete accounting information

Hernández Cánova Ginés, Koëter-Kant Johanna
Email: gines.hernandez@upct.es
Debt maturity and relationship lending: an analysis of European SMEs

Heumann Christoph
Email: heumann@uni-mannheim.de
On the noncompensation for illiquidity in equilibrium asset returns

Hillier David, Mccolgan Patrick
Email: d.j.hillier@leeds.ac.uk
Firm performance, entrenchment and CEO succession in family-managed firms

Hillier David, Marshall Andrew, Mccolgan Patrick
Email: d.j.hillier@leeds.ac.uk
Company performance surrounding CEO turnover: Evidence from the UK

Hirst Ian, Danbolt Jo, Jones Edward
Email: I.Hirst@hw.ac.uk
Required rates of return for corporate investment appraisal in the presence of growth opportunities

Hoa Tran Le, Kalev Petko S, Westerholm Joakim
Email: lhtra3@student.monash.edu
An analysis of flipping activity in early aftermarket trading

Hochradl Markus, Wagner Christian
Email: markus.hochradl@stern.nyu.edu
Trading the forward bias: Are there limits to speculation?

Holmen Martin, Pramborg
Email: Martin.Holmen@nek.uu.se
Capital budgeting and political risk: empirical evidence

Hong Dong, Warachka Mitch
Email: donghong@smu.edu.sg
Information portfolios and return uncertainty: a common origin for biases in expected returns

Horneff Wolfram, Maurer Raimond, Stamos Michael
Email: whorneff@wiwi.uni-frankfurt.de
Life-cycle asset allocation with annuity markets: Is longevity insurance a good deal?

Hornik Kurt, Jankowitsch Rainer, Lingo Manuel
Email: kurt.hornik@wu-wien.ac.at
Validation of credit rating systems using multi-rater information

Hsin Chin-Wen
Email: fncwhsin@saturn.yzu.edu.tw
Multilateral exchange rate changes and international industry effects

Hu Yu-Chiang, Ansell Jake
Email: Y.A.HU@sms.ed.ac.uk
Developing financial distress prediction models: A study of US, Europe and Japan retail performance

Hutchinson Mark, Gallagher Liam
Email: m.hutchinson@ucc.ie
Skewness, kurtosis and convertible arbitrage hedge fund performance

I

Iannotta Giuliano, Navone Marco
Email: giuliano.iannotta@unibocconi.it/a>
Which factors affect bond underwriter spread? The role of banking relationships

Iannotta Giuliano, Nocera Giacomo, Sironi Andrea
Email: giuliano.iannotta@unibocconi.it
Ownership structure, risk and performance in the European banking industry

Ick Matthias
Email: matthias.ick@lu.unisi.ch
Private equity returns: Is there really a benefit of low co-movement with public equity markets?

Inkmann Joachim, Blake David
Email: j.inkmann@uvt.nl
The valuation of defaultable pension liabilities

Isaenko Sergei
Email: sisaenko@jmsb.concordia.ca
Portfolio choice under convex transaction costs

Isakov Dusan, Chung Dennis, Pérignon Christophe
Email: dusan.isakov@unifr.ch
Repurchasing shares on a second trading line

J

Jackwerth Jens Carsten, Hodder James
Email: Jens.Jackwerth@uni-konstanz.de
Employee stock options: much more valuable than you thought

Jareño Francisco, Díaz Antonio
Email: francisco.jareno@uclm.es
Inflation news and stock returns: A sectorial analysis in the Spanish case

K

Kalotychou Elena, Staikouras Sotiris, K
Email: E.KALOTYCHOU@CITY.AC.UK
Factors underlying the credit risk exposure of sovereign loans

Kalotychou Elena, Fuertes Ana Maria
Email: E.KALOTYCHOU@CITY.AC.UK
The role of heterogeneity in early warning systems for sovereign debt crises

Kantsyrev Dmitri
Email: kantsyre@usc.edu
Does adaptive EPS forecasting make analysts forecasts redundant?

Kat Harry, Palaro Helder
Email: harry@harrykat.com
Who needs hedge funds? A copula-based approach to hedge fund return replication

Kaul Aditya, Mehrotra Vikas, Phillips Blake
Email: akaul@ualberta.ca
Ownership, foreign listings, and market valuation

Kausar Asad,Taffler Richard
Email: asad.kausar@mbs.ac.uk
Testing behavioral finance models of market under- and overreaction: do they really work?

Kavussanos Manolis, Tsounia Anna
Email: mkavus@aueb.gr
Merger announcements and insider trading activity: an empirical comparative investigation in ISE and ASE

Keiber Karl Ludwig
Email: kkeiber@whu.edu
Insider trading rules and price formation in securities markets - an entropy analysis of strategic trading

Kellard Neil, Sarantis Nick
Email: nkellard@essex.ac.uk
Can exchange rate volatility explain persistence in the forward premium?

Kelly Elisha J, Mroczkowski Nicholas, Jubb Christine
Email: Elisha.Kelly@Buseco.monash.edu.au
Option pricing and corporate report disclosures: Managerial incentives to undervalue

Kemmerer Andreas
Email: andreas.kemmerer@web.de
A model to measure portfolio risks in venture capital

Kenourgios Dimitris, Samitas Aristeidis
Email: dkenourg@econ.uoa.gr
The day of the week effect patterns on stock market return and volatility: Evidence for the Athens stock exchange

Kerl Alexander, Walter Andreas
Email: alkerl@gmx.net
Market Responses to Buy Recommendations Issued by German Personal Finance Magazines: Effects of Information, Price-Pressure, and Company Characteristics

Kim Irene
Email: irenekim@duke.edu
Directors' and officers' insurance and opportunism in accounting choice

Klein April, Rosenfeld James, Tucker X. Jenny
Email: aklein@stern.nyu.edu
Return performance surrounding reverse stock splits: Can investors profit?

Klinge Marco, Seifert Udo, Stehle Richard
Email: Marco_Klinge@de.rolandberger.com
Abnormal returns in the vicinity of insider transactions: Unbiased estimates for Germany

Korczak Adriana, Lasfer Meziane
Email: a.k.korczak@city.ac.uk
Insider trading and international cross-listing

Krause Andreas, Yang Zhishu
Email: mnsak@bath.ac.uk
Behavioral bias of traders: Evidence for the disposition and reverse disposition effect

L

Lai Van Son, Soumaré Issouf
Email: vanson.lai@fas.ulaval.ca
Project financed investments, debt maturity and credit insurance

Larrymore Norris, Rodriguez Javier
Email: norris.larrymore@quinnipiac.edu
Active fund management: the case of global asset allocation funds

Lasfer Meziane, Lin Sharon, Muraduglu Gulnur
Email: m.a.lasfer@city.ac.uk
Market behaviour of foreign versus domestic investors following a period of stressful circumstances

Leippold Markus, Trojani Fabio, Vanini Paolo
Email: leippold@isb.unizh.ch
Learning and asset prices under ambiguous information

León Angel, Mencia Javier, Sentana Enrique
Email: aleon@ua.es
Parametric properties of semi-nonparametric distributions, with applications to option valuation

Lescourret Laurence, Moinas Sophie
Email: lescourret@essec.fr
Liquidity supply in multiple markets

Leung Tak Yan, Rui Oliver Meng, Wang Steven Shuye
Email: acyleung@cityu.edu.hk
Do stock splits really signal?

Li Hongzhu
Email: hongzhu.li@hanken.fi
An empirical analysis of yield curves across euro and non-euro countries using interbank interest rates

Liang Samuel Xin, Wei K. C. John
Email: sxliang@ust.hk
Ccapm, wealth shock, and stock market anomalies

Lin Yueh-Neng Lin, Paxson Dean Paxson
Email: ynlin@dragon.nchu.edu.tw
Recovering risk-neutral densities of spot and option markets under stochastic volatility and price jumps

Liu Mei-Ying
Email: meiying@scu.edu.tw
Risk weights and capital saving/addition using the internal (VAR) model based on the basel accord

Loncarski Igor, Ter Horst Jenke, Veld Chris
Email: i.loncarski@uvt.nl
Convertible debt issues and convertible arbitrage – issue characteristics, underpricing and short sales

Lopez-Espinosa German, Gomez-Sala J. Carlos
Email: glespinosa@unav.es
Could investors obtain positive returns using security analysts’ recommendations?

M

Maio Paulo
Email: paulo.maio@netvisao.pt
Bad, good and excellent: an ICAPM with bond risk premia

Marchica Maria-Teresa
Email: maria.marchica@mbs.ac.uk
Cash holding policy and ability to invest: how do firms determine their capital expenditures? New evidence from the UK market

Maroto Juan A., Melle Mónica, Moreno Ignacio
Email: jamaroto@ccee.ucm.es
Can market competition complement the usual mechanisms of corporate governance?

Marti Didier
Email: didier.marti@unifr.ch
The accuracy of time-varying betas and the cross-section of stock returns

Martín Marín José Luis, Samaniego Medina Reyes, Trujillo Ponce Antonio
Email: jlmartin@upo.es
Using market values versus accounting data in credit risk models: a comparative analysis

Martynova Marina
Email: M.Martynova@uvt.nl
Sources of transaction financing and means of payment in corporate takeovers

Mateus Cesario
Email: cmateus@asb.dk
Taxes and corporate debt policy : Evidence for unlisted firms of sixteen European countries

Mcdermott John, Hegde Shanta, Ascioglu Asli
Email: jmcdermott@mail.fairfield.edu
Informastion asymmetry and investment-cash flow sensitivity

Mckenzie Michael D.
Email: michael.mckenzie@rmit.edu.au
Technical trading rules in emerging markets and the 1997 Asian currency crises

Mehran Hamid, Peristiani Stavros
Email: hamid.mehran@ny.frb.org
Financial visibility and the decision to go private

Meier Iwan, Tarhan Vefa
Email: iwan.meier@hec.ca
Corporate investment decision practices and the hurdle rate premium puzzle

Menguy Séverine
Email: menguy.severine@wanadoo.fr
The advantages of introducing an exchange rate target in the statutes of the European central bank

Merika Anna, Syriopoulos Theodore, Ntzannatoy Marina
Email: merikas@otenet.gr
Highly leveraged firms and corporate performance in distressed industries

Merikas Andreas, Merika Anna A., Skandalis Konstantinos
Email: merikas@otenet.gr
An effective index of management competence

Micu Marian
Email: Marian.Micu@bis.org
The information content of volatilities implied from currency options: Empirical evidence from emerging market countries

Miu Peter, Ozdemir Bogie
Email: miupete@mcmaster.ca
Basel requirement of downturn LGD: Modeling and estimating PD & LGD correlations

Mjos Aksel, Persson Svein-Arne
Email: aksel.mjos@nhh.no
Callable risky perpetual debt: Options, pricing and bankruptcy implications.

Mohamed Belkhir
Email: mohamed.belkhir@univ-orleans.fr
Board structure, ownership structure, and firm performance: Evidence from banking

Moinas Sophie
Email: s.moinas@esc-toulouse.fr
Hidden orders and liquidity in limit order markets

Moldenhauer Benjamin, Kaserer Christoph
Email: benjamin.moldenhauer@cefs.de
Insider ownership and corporate performance – evidence from Germany

Moon Roger, Rubia Antonio, Valkanov Rossen
Email: moonr@usc.edu
Long-horizon regressions when the predictor is slowly varying

Moraux Franck, Navatte Patrick
Email:
The active management of distressed debt

Moser Ulrike, Fink Gerhard, Haiss Peter
Email: ulrike.moser@wu-wien.ac.at
Financing through bond issues and the nexus with economic growth

Muck Matthias
Email: mmuck@whu.edu
The pricing of turbo certificates in the presence of stochastic jumps, interest rates, and volatility

Mueller Philippe
Email: pm2025@columbia.edu
Share repurchases and repayments of nominal value: the swiss alternative to dividends

Mura Roberto
Email: roberto.mura@manchester.ac.uk
Financial flexibility and investment decisions: Evidence from low-leverage firms

N

Nadia Ouertani, Geneviève Gauthier, Tahani Nabil
Email: n.ouertani@ieseg.fr
Heterogeneous basket options pricing using analytical approximations

Natale Francesco, Zavarrone Emma
Email: francesco.natale@unimib.it
Market discipline in the European insurance industry: a proposal for a model

Negrea Bogdan
Email: negrea@univ-paris1.fr
A note on skewness in the stochastic volatility models

Nguema Jean-Fernand, Sentis Patrick
Email: nguema@lameta.univ-montp1.fr
IPO underpricing across the world: does the country risk matter?

Niessen Alexandra, Ruenzi Stefan
Email: niessen@wiso.uni-koeln.de
Sex matters: Gender and mutual funds

Niskanen Jyrki, Niskanen Mervi
Email: jyrki.niskanen@uku.fi
Small business borrowing and the owner-manager agency costs: Evidence on Finnish data

Norden Lars
Email: ln@fek.su.se
Does an index futures split enhance trading activity and hedging effectiveness of the futures contract?

Norden Lars, Szerencses Manuel
Email: norden@bank.BWL.uni-mannheim.de
Migration and concentration risks in bank lending: New evidence from credit portfolio data

Nyberg Peter, Vaihekoski Mika
Email: peter.nyberg@hanken.fi
Descriptive analysis of Finnish equity, bond, and money markets 1920-2004

O

O'Grady Barry, Buch Alexander
Email: kangaone@hotmail.com
The overreaction hypothesis: Does it apply to the Norwegian stock market?

Okunev John, White Derek
Email: jokunev@efs.mq.edu.au
The returns to following currency forecasts

Ooghe Hubert, Spaenjers Christophe, Vandermoere Pieter
Email:
Business failure prediction: simple-intuitive models versus statistical models

Osthoff Peer, Kempf Alexander
Email: osthoff@wiso.uni-koeln.de
The effect of socially responsible investing on financial performance

Otero González Luis, Fernández López Sara, Rodríguez Sandiás Alfonso
Email: eflaog@usc.es
Determinants of exchange rate risk hedging

Ozkan Neslihan
Email: N.ozkan@bristol.ac.uk
Do corporate governance mechanisms influence CEO compensation? An empirical investigation of UK companies

Ozoguz Arzu, Bae Kee-Hong, Tan Hongping
Email: aozoguz@business.queensu.ca
Do foreigners facilitate information transmission?

P

Padgett Carol, Shabbir Amama
Email: c.padgett@icmacentre.reading.ac.uk
The UK code of corporate governance: Link between compliance and firm performance

Pang Dong, Liu Jia
Email: mscfinance@hotmail.com
Determinants of survival and growth of listed SMEs in China

Parikakis George, Merikas Andreas, Syriopoulos Theodore
Email: gpgp@otenet.gr
The perception of entrepreneurial risk: key determinants in the decision making process of Greek investors

Pascual-Fuster Bartolomé, Pérez-Rodríguez, Jorge Vicente
Email: tomeu.pascual@uib.es
Volatility transmission for cross listed firms and the role of international exposure

Pattenden Kerry, Stretch Ben
Email: kerryp@econ.usyd.edu.au
Hanging out on the sell-side evidence on analyst and broker rewards from forecasting on the ASX

Perote Javier, Del Brío Esther B.
Email: javier.perote@urjc.es
The multivariate gram-charlier density

Petrovic Nikola, Manson Stuart, Coakley Jerry
Email: npetro@essex.ac.uk
Does reported earnings volatility improve UK earnings forecasts?

Peydro-Alcalde Jose Luis, Iyer Rajkamal
Email: jose-luis.peydro-alcalde@ecb.int
Interbank Contagion: Evidence from Real Transactions

Pindado Julio, Rodrigues Luis, De La Torre Chabela
Email: pindado@usal.es
Estimating the probability of financial distress: international evidence

Piñeiro Chousa Juan, Tamazian Artur, Melikyan Davit
Email: efjpch@usc.es
Market risk dynamics and competitiveness after the Euro: Evidence from EMU members

Poncet Patrice, Lioui Abraham
Email: Poncet@essec.fr
Optimal benchmarking of active portfolio manager

Pop Diana
Email: Diana.Pop@univ-orleans.fr
M&A market in transition economies: Evidence from Romania

Poti Valerio
Email: valerio.poti@dcu.ie
The coskewness puzzle

Powell Ronan, Yawson Alfred
Email: r.powell@unsw.edu.au
Are corporate restructuring events driven by common factors? Implications for takeover prediction

Q

Quan Qi, Huyghebaert Nancy
Email: quanqi001@yahoo.com
Share issuing privatizations in China: Determinants of public share allocation and underpricing

R

Ranaldo Angelo
Email: angelo.ranaldo@snb.ch
Information content and predictability of extreme prices in financial markets

Rasmussen Anne-Sofie Reng
Email: arr@asb.dk
Improving the asset pricing ability of the consumption-capital asset pricing model?

Realdon Marco
Email: mr15@york.ac.uk
Quadratic term structure models in discrete time

Reber Beat, Fong Carline
Email: Beat.Reber@nottingham.ac.uk
Explaining mispricing of initial public offerings

Renneboog Luc, Ter Horst Jenke, Zhang Chendi
Email: Luc.Renneboog@uvt.nl
Is ethical money financially smart?

Rigoni Ugo, Bertinetti Giorgio, Cavezzali Elisa
Email: rigons@unive.it
The content of reports on Italian stocks. Do evaluation methods matter?

Robinson Michael, Cottrell Thomas
Email: michael.robinson@haskayne.ucalgary.ca
A model for the public financing of entrepreneurial firms: Alberta’s junior capital pool program

Rocha Teixeira Gabriela, Coutinho Dos Santos Mário
Email: gabriela.teixeira@pt.pwc.com
Do firms have financing preferences along their life cycles? Theory, and evidence from Iberia

Rodrigues Artur, Rocha Armada Manuel
Email: artur.rodrigues@eeg.uminho.pt
The valuation of modular projects: a real options approach to the value of splitting

Rodriguez Pedro, Sosvilla-Rivero Simon
Email: p_n_rodriguez@yahoo.com.mx
Understanding and forecasting stock price changes

Rodríguez Longarela Iñaki
Email: finir@hhs.se
Revisiting static portfolio theory for Hara investors

Rojo Suárez Javier, Alonso Conde Ana Belén
Email: javier.rojo@urjc.es
Total venture capital divestments as abandonment options and asymmetric information

Romeu Rafael
Email: rromeu@imf.org
An intraday pricing model of foreign exchange markets

Roncoroni Andrea, Galluccio Stefano
Email: roncoroni@essec.fr
Shape factors and cross-sectional risk: A new measure and its empirical implications for portfolio risk management

Ropero Moriones Eva
Email: eva.ropero@uc3m.es
Limited liability in business groups

Rosser Bruce A, Canil Jean M
Email: bruce.rosser@adelaide.edu.au
Pre-bid acquisitions of target stock and management-controlled equity

Rousseau Fabrice, Germain Laurent
Email: Fabrice.Rousseau@nuim.ie
Strategic market making and risk sharing

Rubio Gonzalo, Blanco Roberto, Alonso Francisco
Email: gonzalo.rubio@ehu.es
Option-implied preferences adjustments and risk-neutral density forecasts

S

Samitas Aristeidis, Kenourgios Dimitris, Paltalidis Nikos
Email: npaltalidis@hotmail.com
Creating efficient portfolio returns applying forecasting techniques and bootstrapping in FTSE 100 and XETRA DAX

Sanders Anthony, Makhija Anil, Low Angie
Email: sanders.12@osu.edu
Target bondholder wealth and shareholder power during mergers and acquisitions

Scheule Harald, Roesch Daniel
Email: hscheule@unimelb.edu.au
A multi-factor approach for systematic default and recovery risk

Schiozer Rafael, Saito Richard
Email: rschiozer@fgvsp.br
Why do Latin American firms manage currency risk?

Schmitz Birgit
Email: birgit.schmitz@uni-bonn.de
The impact of basel i regulation on bank deposits and loans: empirical evidence for Europe

Scholz Hendrik, Wilkens Marco
Email: Hendrik.scholz@ku-eichstaett.de
The sharpe ratio’s market climate bias – theoretical and empirical evidence from US equity mutual funds

Schrimpf Andreas, Schröder Michael, Stehle Richard
Email: schrimpf@zew.de
Cross-sectional tests of conditional asset pricing models: Evidence from the German stock market

Schroeder David, Esterer Florian
Email: david.schroeder@uni-bonn.de
Implied cost of capital based investment strategies

Schwaiger Markus, Klocker Stefan, Baghai Ramin
Email: markus.schwaiger@oenb.at
The information content of hedge fund investment styles – a return-based analysis with self-organizing maps

Seifert Bruce, Gonenc Halit
Email: bseifert@odu.edu
The international evidence on the pecking order hypothesis

Semenov Andrei
Email: asemenov@econ.yorku.ca
Risk factor beta conditional value-at-risk

Serifsoy Baris
Email: serifsoy@wharton.upenn.edu
Demutualization, outsider ownership and stock exchange performance - empirical evidence

Shackleton Mark, Taylor Stephen, Yu Peng
Email: m.shackleton@lancaster.ac.uk
A multi-horizon comparison of density forecasts for the S&P 500 using index returns and option prices

Shahrur Husayn, Venkateswaran Anand
Email: hshahrur@bentley.edu
Informational releases in diversifying takeovers

Shalem Roy
Email: shalemr@internet-zahav.net
Warrant valuation and strategic exercise in continuous time and imperfect competition

Silva Sérgio, Azevedo-Pereira José
Email: sergios@upt.pt
The pricing of finite maturity corporate coupon bonds with rating-based covenants

Singh Manmohan, Andritzky Jochen
Email: msingh@imf.org
Overpricing in emerging market credit default swap contracts--some evidence from recent distress cases.

Sousa Sónia, Serra Ana Paula
Email: aserra@fep.up.pt
Volatility components: Evidence of the behaviour of the Portuguese stock market

Sponholtz Carina
Email: csponholtz@econ.au.dk
Separating the stock market’s reaction to simultaneous dividend and earnings announcements

Staikouras Christos, Staikouras Panagiotis, Agoraki Maria-Eleni
Email: cstaik@aueb.gr
The effect of board size and composition on European bank performance

Staikouras Sotiris, K Nurullah Mohamed
Email: SKS@CITY.AC.UK
Risk-return issues in deregulating the banking firm

Stephan Schulmeister
Email: Stephan.Schulmeister@wifo.ac.at
The interaction between technical currency trading and exchange rate fluctuations

Sudarsanam Sudi, Huang Jian
Email: p.s.sudarsanam@cranfield.ac.uk
Managerial incentives, overconfidence, risk-taking, and acquirer shareholder value creation in mergers and acquisitions

Switzer Lorne, Kelly Catherine
Email: switz@jmsb.concordia.ca
Small cap firm performance and corporate governance: A simultaneous equation’s approach

Switzer Lorne, Fan Haibo
Email: switz@jmsb.concordia.ca
Spanning tests for replicable small cap indexes as separate asset classes: international evidence

Szymanowska Marta, De Roon Frans
Email: m.szymanowska@uvt.nl
Consumption risk and expected futures returns

T

Tang Tseng-Chung, Chi Li-Chiu
Email: tctang@nfu.edu.tw
The impact of reorganization filing and resolution on distressed-stock returns

Taylor Stephen J., Yadav Pradeep K., Zhang Yuanyuan
Email: s.taylor@lancaster.ac.uk
Information content of implied volatilities and model-free volatility expectations: Evidence from options written on individual stocks

Theissen Erik
Email: theissen@uni-bonn.de
Price discovery in spot and futures markets: A reconsideration

Tian Lihui, Megginson William L.
Email: tian@gsm.pku.edu.cn
Extreme underpricing: determinants of Chinese IPO initial returns

Tolikas Konstantinos, Brown Richard
Email: TolikasK@cardiff.ac.uk
Value-at-risk and extreme value distributions for financial returns of French firms

Tribo Jose Antonio, Surroca Jordi, Berrone Pascual
Email:
The influence of the type and number of blockholders on R&D investments

Tsyplakov Sergey
Email: sergey@moore.sc.edu
Investment imperfections and leverage dynamics

Tuch Christian, O’Sullivan Noel
Email: c.tuch@shef.ac.uk
Acquiring firm performance: The impact of governance, market momentum and method of payment

Tirri Virginia, Guelpa Fabrizio
Email: virginia.tirri@bancaintesa.it
The effect of market structure and relationship lending on the likelihood of credit tightening

Tykvova Tereza
Email: tykvova@zew.de
How do investment patterns of independent and captive private equity funds differ? Evidence from Germany

U

Umberto Cherubini, Angelo Baglioni
Email: cherubin@polyhedron.it
Accounting fraud and the pricing of corporate liabilities: structural models with garbling

V

Vaihekoski Mika Vaihekoski Email: mika.vaihekoski@lut.fi
Pricing of liquidity risk: Empirical evidence from Finland

Van Der Goot Tjalling, Roosenboom Peter
Email: l.r.t.vandergoot@uva.nl
Broad-based employee stock options grants and IPO firms

Van Der Poel Marieke, Ang James, De Jong Abe
Email: mpoel@rsm.nl
Managers in the familiar and their divestment decisions

Vanpée Rosanne, Sercu Piet
Email: piet.sercu@econ.kuleuven.be
Estimating the costs of international equity investments

Varotto Simone
Email: s.varotto@icmacentre.rdg.ac.uk
The causes of international diversification in the stock and eurobond markets

Vermaelen Theo, Peyer Urs
Email:
The nature and persistence of buyback anomalies

Verschoor Willem F. C., Muller Aline
Email: W.Verschoor@fm.ru.nl
The impact of corporate derivative usage on foreign exchange risk exposure

Verwijmeren Patrick, De Jong Abe, Rosellon Miguel
Email: pverwijmeren@rsm.nl
The economic consequences of ifrs: the vanishing of preference shares in the netherlands

Villaplana Pablo
Email: pablo.villaplana@upf.edu
Valuation of electricity forward contracts: the role of demand and capacity

Vlastakis Nikolaos, Dotsis George, Markellos Raphael
Email: nvlastak@aueb.gr
Beating the odds: Arbitrage and wining strategies in the football betting market

W

Wagster John
Email: ad4437@wayne.edu
Wealth and risk effects of adopting deposit insurance in Canada: Evidence of risk shifting by banks and trust companies

Wang Daxue
Email: dwang@iese.edu
Cross-autocorrelation of dual-listed stock portfolio returns

Weinbaum David, Cremers Martijn, Driessen Joost
Email: dw85@cornell.edu
Does skin in the game matter? Director incentives and governance in the mutual fund industry

Weir Charlie, Laing David, Wright Mike
Email: c.weir@rgu.ac.uk
Governance and takeovers: are public to private transactions different?

Whalley A. Elizabeth
Email: Elizabeth.Whalley@wbs.ac.uk
Should executives hedge their stock options and, if so, how?

Wickramanayake J., Burgess Mark
Email: j.wickramanayake@buseco.monash.edu.au
Commencement of electronic trading: impact on liquidity, price discovery and market efficiency - Australian evidence from Sydney Futures Exchange

Wilson John O.S., Goddard John, Mcmillan David
Email: jsw7@st-and.ac.uk
Dividends, prices and the present value model: Firm-level evidence

Woidtke Tracie, Yeh Yin-Hua
Email: Corporate governance and the informativeness of accounting earnings: the role of the audit committee

Y

Yamak Sibel, Süer Öztek Ömür, Büker Yesim
Email: syamak@gsu.edu.tr
What makes a bank misbehave? The role of the board

Yan An
Email: ayan@fordham.edu
Market timing in M&As: Analyst sentiment around announcements

Yang Li, Lien Donald
Email: l.yang@unsw.edu.au
Hedging with Chinese metal futures

Yildirim Semih, Philippatos George C.
Email: yildirim@yorku.ca
Restructuring, consolidation and competition in Latin American banking markets

Yilmaz Kamil
Email: kyilmaz@ku.edu.tr
Market liquidity, capitalization and the random walk behavior of stock prices

Yip Henry, Michayluk David, Prather Laurie
Email: h.yip@unsw.edu.au
Decomposing the bid-ask spread: A cross-market model using options data

Yoon Choi, Seung Han
Email: ychoi@bus.ucf.edu
Internal capital markets and bank relationship: Evidence from Japanese corporate spin-offs

Yung Chris, Colak Gonul, Wang Wei
Email: chris.yung@colorado.edu
Cycles in the IPO market

Z

Zdorovtsov Vladimir
Email: vladimir@moore.sc.edu
News, trading, and stock return volatility

Zhao Xinge
Email: zxinge@ceibs.edu
Determinants of flows into retail international equity funds