European Financial Management Association
2025 Annual Meetings
June 25–28, 2025
Deree-The American College of Greece, Athens, Greece.


Note #1: Session Chairs and Discussants can download papers here. Authors can update versions by emailing: anirudhtippani7@gmail.com

Note #2: If you wish your paper to be considered for publication in the EFM journal, inform your Session Chair.

Presentations: All rooms have computers. PowerPoint (USB or CD) and Overhead Projector options are available.

Discussants' Responsibility: Please provide 1–2 pages of handwritten feedback to authors and session chairs.


Accepted Papers & Participants List

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Participants

Paper


Aleksandra Bakhareva (Presenting),Sasan Mansouri,Mark Wahrenburg ,Fabian Woebbeking
ESG Incidents and Analyst Reactions: The Impact of SASB Materiality Standards on Price Target Forecasts



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Yassine Bakkar (Presenting),Michael Machokoto
Heterogeneous macroprudential policies and corporate financing decisions



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Antonio Rubia (Presenting),Marina Balboa,German Lopez-Espinosa,Lenos Trigeorgis
Why Do Bank Managers Understate Loan Loss Reserves?



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Francesco Baldi (Presenting),Edward I. Altman,Claudia D Ippolito,Antonio Salvi
Developing a Z-ESG Score Model



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Ronald Balvers (Presenting),Yufeng Han,Ou Hu,Zhaodan Huang
Beta Uncertainty as a Barrier to Arbitrage and the Impact on Anomaly Returns



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Christine Bangsgaard (Presenting)
Retail investors and product confusion: The case of VIX investments



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Joshy Jacob (Presenting),Avijit Bansal
Upward Mobility Bias in the Selling Decisions of Retail Traders



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Ricardo Barahona (Presenting)
Why cant investors buy the right index fund?



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Anup Basnet (Presenting),Magnus Blomkvist,Karl Felixson,Eva Liljeblom,Hitesh Vyas
The Impact of the Dodd-Frank Act on Acquisition Activity



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Mary Becker (Presenting),Zachary McGurk,Marc LoGrasso
Partisan Sentiment and Returns from Online Political Betting Markets in the 2020 U.S. Presidential Election



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Justin Benefield (Presenting),Matt Flynn,Sean Salter
Director Characteristics and the Advisory Role of Boards’ Effect on Performance: Evidence from Real Estate Investment Trusts



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Frank Betz (Presenting),Ozan Akbas,Luca Gattini
Quantifying Credit Gaps Using Survey Data on Discouraged Borrowers



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Soumyabrata Basu (Presenting),Praveen Bhagawan,Jyoti Prasad Mukhopadhyay
Creditor Rights and Tax Avoidance: Evidence from Quasi-natural Experiment in India



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Ke Bi (Presenting),Leonidas G. Barbopoulos,Yue Liu,Jo Danbolt
The Noise Share of the 52-Week Price-Peak Effect on Mergers and Acquisitions



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Emawtee Bissoondoyal-Bheenick (Presenting),Tung Lam Dang,My Nguyen
Sustainable Banking: Unleashing the Potential of ESG Reputation for Stable Financial Systems



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Priti Biswas (Presenting),Debasish Maitra
Firm-level Political Risk and Systemic Risk: The Role of Board Interlocks and Corporate Political Activity



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Stefano Bonini (Presenting),Giuliana Caivano
Probability of Default Modeling with Machine Learning: A Comparison of Techniques Using Real Banking Data



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Stefano Bonini (Presenting),Meghana Vaidya,Shuang Wang
Environmental Ethics, Financial Productivity and Carbon Pricing



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Selma Boussetta (Presenting),Amal Aouadi,Lin Ma
Beyond Disclosure: Exploring the Impact of ESGTransparency on Stock Liquidity



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Maria Boutchkova (Presenting),Vladimir Atanasov,Dirk Black
Striking Oil in the Boardroom: Overpaying Executives through Manipulating Actual Performance Metrics



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Michael Boutros (Presenting),Nuno Clara,Katya Kartashova
The Value of Heterogenous Mortgage Contracts



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Reza Bradrania (Presenting),Ya Gao
Trust and Lottery-Related Anomalies



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Ioannis Branikas (Presenting),Briana Chang,Harrison Hong,Nan Li
The Effect of Non-Wage Competition on Corporate Profits



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MATIAS BRAUN (Presenting) ,Claudio Raddatz,Vicente Corral ,Santiago Truffa
The Ripple Effect: ESG Decisions in Director Networks



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Marilena Bredice (Presenting),Antonio Minguzzi ,Michele Modina ,Stefano Filomeni
Digital Immaturity in Donation Crowdfunding. When Fundraising Strategies Require Human Touch



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Christian Breitung (Presenting)
Text is All You Need: Beta Estimation Using Aggregated Cluster Embeddings



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Martin Bugeja (Presenting),Yaowen Shan,Yanglan Zu
The Bright Side of Climate Change Exposure: Strategic Gains for M&A Acquirers



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