European Financial Management Association
2017 Annual Meetings
June 28- July 1, 2017
Athens, GREECE


Note#1: Session Chairs and Discussants can download papers for the meetings from this page. Authors can update the version of their paper(s) and/or abstract(s) on this webpage later. Please email your paper/abstract directly to: efma2017@acg.edu

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

Presentations: For your presentations at the EFMA2017 Meetings please note that all rooms are equipped with computers. Power Point (USB or CD) and Overhead Projector (transparencies) presentation options are available.

Conference Presentations:
Laptops will be Available in all Rooms for Conference Presentations.


Discussants' Responsibility: To better serve the needs of authors presenting papers at the EFMA2017 meetings, discussants are kindly required to hand out to the authors and the session chair 1-2 pages handwritten comments with their constructive comments.

Deadline for Posting Revised Paper is MAY 1, 2017


Accepted Papers & Participants List

Participants

Paper


Addo Kwabena Aboah, Ugo Rigoni, Elisa Cavezzali
Email: kwabena.addo@unive.it
Internal Governance and Bank Performance Under the Capital Requirement Directive IV



       


Aftab Zary, Simone Varotto
Email: z.aftab@pgr.icmacentre.ac.uk
Liquidity and Shadow Banking



       


Agarwall Vineet
Email: vineet.agarwal@cranfield.ac.uk
The Impact of Statutory Audit and Corporate Reporting Directives on Compliance Costs, Risk-taking and Reporting Quality of the EU Banks



       


Ahmad Wasim, Wolfgang Aussenegg, Ranko Jelic
Email: w.ahmad@bham.ac.uk
IPO lockups and insider trading



       


Ahmed Waqar
Email: waqar.ahmed@wbs.ac.uk
Insider Trading Around Open Market Share Repurchase Announcements



       


Ahmed Yousry
Email: yousry.ahmed@northumbria.ac.uk
Effect of leverage deviation on firms’ decision on public versus non-public acquisitions: UK evidence



       


Akhtar Shumi, Ye Ye
Email: shumi.akhtar@sydney.edu.au
Strategic Default and Capital Structure Decision



       


Al Mamum Md
Email: m.almamun@latrobe.edu.au
Powerful CEOs and Stock Price Crash Risk



       


Alexandridis George, Zhong Chen, Yeqin Zeng
Email: g.alexandridis@icmacentre.ac.uk
Financial Hedging and Corporate Investment Behavior: Evidence from Mergers and Acquisitions



       


Almaquoushi Wael
Email: wael.almaqoushi@ucdconnect.ie
Audit Committee Quality Indices, Firm value, and Financial Reporting Quality



       


Almeida Lionel
Email: lionel.almeida@lecnam.net
How to measure corporate control? Evidence from panel threshold effects of the degree of control on CEO pay monitoring.



       


Alperovych Yan, Douglas Cumming, Alexander Groh
Email: alperovych@em-lyon.com
M&A RUMORS: WHY SELLERS HATE THEM



       


An Yunbi, Jinqing Zhang, Zeyu Jin
Email: yunbi@uwindsor.ca
Dynamic portfolio optimization with ambiguity aversion



       


Anagnostopoulou Seraina, Charitini Stavropoulou
Email: sanagnostopoulou@escpeurope.eu
Earnings management among NHS Foundation Trusts: A good beginning makes a good ending?



       


Andronoudis Dimos, Christina Dargenidou, Eirini Konstantinidi, Peter Pope
Email: D.Andronoudis@lse.ac.uk
CONSERVATIVE ACCOUNTING AND RISK: THE CASE OF RESEARCH & DEVELOPMENT



       


Aouadi Amal
Email: amel.el_aouadi@uca.fr
THE MISSING LINK BETWEEN CSR AWARDS AND FINANCIAL PERFORMANCE: AND THE WINNER IS…



       


Artavanis Nikolaos, Ioannis Spyridopoulos
Email: nartavanis@isenberg.umass.edu
Foreclosure Moratorium and Strategic Default



       


Asimakopoulos Stylianos, Aliya Kenjegalieva
Email: stylianos.asimakopoulos@stir.ac.uk
Financial frictions and the role of endogenous human capital accumulation



       


Asimakopoulos Panagiotis, Stylianos Asimakopoulos
Email: pasimakopoulos@acg.edu
Fiscal policy with heterogeneous agents,banks and …nancial frictions



       


Aspris Angelo, Sean Foley, Peter O'neill
Email: angelo.aspris@sydney.edu.au
Transparency in Commodities Markets



       


Athanassakos George, Vasiliki Athanasakou
Email: gathanassakos@ivey.uwo.ca
Earnings quality and the value premium



       


Audzeyeva Alena, Ana-maria Fuertes
Email: a.audzeyeva@keele.ac.uk
Emerging Market Sovereign Credit Spreads: In-Sample and Out-of-Sample Predictability



       

Participants

Paper


Balachandran Balasingham, Nader Atawnah, Huu Nhan Duong, Edward J. Podolski
Email: B.Balachandran@latrobe.edu.au
Does Foreign Competition Affect Stock Market Liquidity?



       


Balatti Mirco, Chris Brooks, Michael Clements, Konstantina Kappou
Email: mirco.balatti@pgr.icmacentre.ac.uk
Did Quantitative Easing only inflate stock prices? Macroeconomicevidence from the US and UK



       


Balboa Marina, German Lopez-espinosa, Korok Ray, Antonio Rubia
Email: marina.balboa@ua.es
Executive Compensation and Systemic Risk: The Role of Non-Interest Income and Wholesale Funding



       


Baltas Konstantinos
Email: k.baltas@essex.ac.uk
Assessing Bank Efficiency and Stability



       


Bansal Naresh, Robert Connolly, Chris Stivers
Email: nbansal@slu.edu
High Risk Episodes and the Equity Size Premium



       


Bar Hava Keren, Beni Lauterbach, Roi Katz
Email: kbarhava@huji.ac.il
Is it Worthwhile to Augment the Legal Protection ofPublic Debt Placed by Private Companies?



       


Barabanov Sergey
Email: ssbarabanov@stthomas.edu
Institutional Investors and Post-Litigation Security Returns



       


Barbopoulos Leonidas, Jo Danbolt
Email: leonidas.barbopoulos@st-andrews.ac.uk
Does contingent payment enhance foreign target acquirer’s value? The optimal entry mode



       


Barroso Pedro, Paulo Maio
Email: p.barroso@unws.edu.au
Managing the risk of the betting-against-beta" anomaly: does it pay to bet against beta?""anaging the risk of the "betting-against-beta" anomaly: does it""naging the risk of the "betting-agains""aging the risk"



       


Barth Andreas
Email: andreas.barth@finance.uni-frankfurt.de
Corporate Culture and Banking



       


Belisario Pedro
Email: pesilvabelisario@iese.edu
Information Spillovers: The Effect of Analyst Coverage on Returns Co-movement



       


Beltrame Federico, Daniele Previtali, Stefano Caselli
Email: Federico.beltrame@uniud.it
Leverage, Cost of capital and Bank valuation



       


Berger Theo
Email: theoberger@uni-bremen.de
Extracting the relevant trends for applied portfolio management



       


Bessler Wolfgang, Georgi Taushanov, Dominik Wolff
Email: Wolfgang.Bessler@wirtschaft.uni-giessen.de
Optimal Asset Allocation Strategies for International Equity Portfolios:A Comparison of Country versus Sector Optimization



       


Bianchi Nicola, Vincenzo Farina, Franco Fiordelisi
Email: nicola.bianchi@uniroma2.it
Risk Culture in Banks: Just Words?



       


Bonini Stefano, Vincenzo Capizzi, Mario Valletta, Paola Zocchi
Email: sbonini@stevens.edu
Groups, networks and the business angels’ investment process.



       


Borochin Paul, Yanhui Zhao
Email: paul.borochin@uconn.edu
Variation of Implied Volatility and Return Predictability



       


Boubaker Sabri, Walid Saffar, Syrine Sassi
Email: sabri.boubaker@get-mail.fr
Product Market Competition and Debt Choice



       


Boussetta Selma
Email: selma.boussetta@iae-toulouse.fr
Competition among Exchanges and ReputationalConcerns



       


Bredendiek Maximilian, Giorgio Ottonello, Rossen Valkanov
Email: maximilian.bredendiek@vgsf.ac.at
Corporate Bond Portfolios: Bond-Specific Information and Macroeconomic Uncertainty



       


Brusa Jorge, Renee Oyotode, Zubair Ali Raja
Email: jbsa@tamiu.edu
The bond Market Responses to Female CEOs appointment



       


Burietz Aurore, Loredana Ureche-rangau
Email: a.burietz@ieseg.fr
Home sweet home? Bank lending and the impact of the global financial crisis



       

Participants

Paper


Calcagno Riccardo, Mael Giofr, Cesira Urzi-brancati
Email: calcagno@em-lyon.com
To trust is good, but to control is better: How investors discipline fi…nancial advisors' ’activity



       


Cao Viet Nga, Andrew Marshall, Krishna Paudyal
Email: viet.cao@monash.edu
Corporate Cash Holdings in the Cross--Section of Stock Returns: The Role of Corporate Innovation



       


Cao Cathy, Chongyang Chen, Jot Yau
Email: caoc@seattleu.edu
Corporate Cash Holdings, Stock Returns, and Firm Expected Uncertainty



       


Chalamandaris George, Nikolaos Vlachogiannakis
Email: gchalamandar@aueb.gr
“Adverse- selecting” Informed Customers: Evidence from the corporate bond market



       


Chambers Barbara
Email: barbara.chambers@monash.edu
Multiemployer Defined Benefit Pension Plans' Liability Spillovers: Important Connections in U.S. Unionized Industries



       


Chen Hung-Ling, Cheng-yi Shiu, Hui-shan Wei
Email: chenhub@gmail.com
Index reconstitutions and the role of foreign institutional investors on local corporate governance: Evidence from MSCI Standard Index



       


Chen James
Email: james.chen@research 137.com
Can a Normal Firm Value Diffusion Process Improve the Performance of the Structural Approach to Pricing Corporate Liabilities?



       


Chen Qiwei, Shaomeng Li, Guy Liu
Email: qiwei.chen@brunel.ac.uk
Does learning offset hubris in serial acquisitions? International Evidence



       


Chen Linquan, Chendi Zhang
Email: l.chen2@exeter.ac.uk
Short Selling Before Initial Public Offerings



       


Chiang Shu Ling, Ming Shann Tsai
Email: g1352503@nccu.edu.tw
An Attractive Financial Tool in Aging Populations: Determining an Optimal Principal Limit Factor for Reverse Mortgages under the Economic-Based Model



       


Chiang Sue Jane, Pei-gi Shu
Email: 054399@mail.fju.edu.tw
Over-issuance, IPO Anomalies, and Investment Efficiency: Evidence from China



       


Chincarini Ludwig, Fabio Moneta, Daehwan Kim
Email: lbchincarini@usfca.edu
The LifeCycle of Beta



       


Cho Hyungjin, Lee-seok Hwang
Email: chyungji@emp.uc3m.es
Industry Concentration and Investment Funding: The Importance of Understanding the Market Structure



       


Choi Jongmoo Jay, Omer Genc
Email: jjchoi@temple.edu
International acquisition and competitiveness



       


Chronopoulos Dimitris, Sanjay Banerji, Anna Sobiech, John Wilson
Email: dc45@st-andrews.ac.uk
Taxation and Financial Intermediation:Evidence from a Quasi-Natural Experiment



       


Chu Wah Yip
Email: wah.y.chu@bi.no
Value and profitability premium: from the perspective of duration



       


Ciocca Georgio
Email: giorgio.ciocca@unisg.ch
Retail investors’ attention and momentum strategies - Evidence from the S&P 500 -



       


Cong Will
Email: will.cong@chicagobooth.edu
Rise of Factor Investing: Asset Prices, Informational Efficiency, and Security Design



       


Contreras Harold, Jana Fidrmuc, Roman Kozhan
Email: hcontrer@fen.uchile.cl
Insiders versus short sellers: informed traders’ competition around earnings announcements.



       


Cortazar Gonzalo, Cristobal Millard, Hector Ortega, Eduardo Schwartz
Email: gcortaza@ing.puc.cl
Commodity Price Forecasts, Futures Prices and Pricing Models



       


Cortez Maria Ceu, Joana Pena
Email: mccortez@eeg.uminho.pt
Social screening and mutual fund performance: international evidence



       


Covachev Svetoslav, Vijay Yadav
Email: scovachev@gmail.com
On the relation between flows and performance in the mutual fund industry.



       


Croci Ettore, Elena Beccalli, Laura Chiaramonte
Email: ettore.croci@unicatt.it
Does Excess Cash Affect Bank Behavior?



       

Participants

Paper


Dahlstrm Petter, Bjrn Hagstrmer, Lars Norden
Email: petter.dahlstrom@sbs.su.se
The Determinants of Limit Order Cancellations



       


Dai Rui, Lilian Ng, Nataliya Zaiats
Email: rdai@wharton.upenn.edu
Customer News and Supplier Short Selling



       


Dedman Elisabeth, Jing Chen, Muhammad Ghazali, Ja Ryong Kim
Email: elisabeth.dedman@nottingham.ac.uk
The Information Environment in China: Evidence from the Split Share Structure Reform



       


DeLisle Jared, Paul Borochin, James Cicon, Mckay Price
Email: jared.delisle@usu.edu
The Effects of Conference Call Content on Market Perceptions of Value Uncertainty



       


Della Bina Antonio, Amir Amel-zadeh
Email: antonio.della bina@unibo.it
Are U.S. Analysts’ Recommendation Changes for Cross-Listed Stocks More Informative than Local Analysts’?



       


Desai Prajakta
Email: p.desai1@lse.ac.uk
Information Risk and Credit Default Swap Markets



       


Desban Marc, Souad Lajili-jarjir
Email: marc.desban@gmail.com
Evidence on size, value, operating profitability and investment in the french market



       


Diercks Anthony
Email: Anthony.M.Diercks@frb.gov
The Equity Premium, Long-Run Risk, and Optimal Monetary Policy



       


Dimitrova Lora, Sapnoti K. Eswar
Email: l.dimitrova@exeter.ac.uk
Does Financial Innovation Enhance or Inhibit Real Innovation?



       


Dissem Sonia, Frderic Lobez
Email: sonia.dissem@univ-lille2.fr
Correlation between the 2014 EU-Wide Stress test and market based measures of systemic risk



       


Dodd Olga, Bart Frijns
Email: olga.dodd@aut.ac.nz
NYSE Closure and Global Equity Trading: The Case of Cross-listed and Domestic Stocks



       


Dong Minyue, Leonidas Doukakis, Stephen Ryan
Email: minyue.dong@unil.ch
Banks’ Discretion over the Debt Valuation Adjustmentfor Own Credit Risk



       


Dosis Anastasios
Email: dosis@essec.edu
Investment Under Adverse Selection and Low Interest Rates



       


Drobetz Wolfgang, Viktoria-sophie Bartsch, Hubert Dichtl, Andreas Neuhierl
Email: wolfgang.drobetz@uni-hamburg.de
Predicting the equity premium out-of-sample: Are there superior forecasting strategies?



       


Drousia Angeliki, Athanasios Episcopos, George Leledakis
Email: adrousia@aueb.gr
Market Reaction to Actual Daily Share Repurchases in Greece



       


Duarte Fabio
Email: fduarte@ubi.pt
Mutual Guarantees in Portuguese Loan Markets: Evidence during the Financial Crisis



       

Participants

Paper


Eissa Ahmed H., Harjeet S. Bhabra
Email: ahmed.eissa@concordia.ca
Corporate Financial Distress and CEO Networks



       


El-Khatib Rwan, Dobrina Jandik, Tomas Jandik
Email: rwan.elkhatib@zu.ac.ae
CEO Network Centrality and Insider Trading Gains



       


ElBannan Mona, Omar Farooq
Email: mona.elbannan@guc.edu.eg
Stock price synchronicity and dividend policy: Evidence from an emerging market



       


Elyasiani Elyas, Jeremy Crimmel
Email: elyas@temple.edu
The Association between Financial Market Volatility and Banking Concentration



       


Enache Luminita, Daniel Aobdia, Anup Srivastava
Email: luminita.enache@tuck.dartmouth.edu
Is the Auditing Industry Becoming a Tighter or Looser Oligopoly?



       

Participants

Paper


Fan Zhenzhen, Roger Laeven
Email: zhenzhen.fan@yahoo.com
Equilibrium currency hedging under equity-currency contagion



       


Fernau Erik, Stefan Hirsch
Email: fernau@uni-mannheim.de
What drives dividend smoothing? A meta regression analysis of the Lintner model



       


Figuerola-Ferretti Isabel, J. Roderick Mccrorie, Ioannis Paraskevopoulos
Email: ifiguerola@comillas.edu
Mild explosivity in recent crude oil prices



       


Fodor Andy, Kelley Bergsma, Emily Tedford
Email: fodora@ohio.edu
A Strange Disposition?Option Trading, Reference Prices, and Volatility



       


Frijns Bart, Thanh Huynh, Alireza Tourani-rad, Joakim Westerholm
Email: bfrijns@aut.ac.nz
The Informativeness of Retail and Institutional Trades: Evidence from the Finnish Stock Market



       


Fu Hsin-Hao, Yi-ting Hsieh
Email: fusinghow@gmail.com
How Loan Portfolio Diversification Affects U.S. Banks’ Return and Risk: Correlation and Contagion Perspectives



       


Fuchs Florian
Email: florian.fuchs@unisg.ch
The First Time in Private Equity: A Closer Look on Management Teams



       

Participants

Paper


Gallo Angela, Antonio D'amato
Email: angela.gallo.1@city.ac.uk
Board Members’ Education, Turnover, and Risk Taking: Evidence from Cooperative and Joint-Stock Banks



       


Gao Ming
Email: gao.pku.edu.cn
Formal and Informal Finance: Underlying Channels and Welfare Effects



       


Garcia Sergio, Ivan Blanco
Email: segarcia@emp.uc3m.es
The Hidden Cost of Financial Derivatives: Options Trading and the Cost of Debt



       


Gatopoulos Georgios
Email: ggatopoulos@agmail.com
Explaining Firms' Exchange Rate Exposure: the Role of Country Factors



       


Gaugler Tobias, Barbara Seitz, Andreas Rathgeber, Alfred Lameli
Email: tobias.gaugler@mrm.uni-augsburg.de
Sharing more than dialects: Herding behavior in bank risk-taking explained by cultural vicinity



       


Gavriilidis Konstantinos, Patrick Herbst, Anastasios Kagkadis
Email: konstinos.gavriilidis@stir.ac.uk
Investor Attention to Stock Recommendations



       


Gershun Natalia, John Donaldson, Rajnish Mehra
Email: ngershun@pace.edu
Notes on the Macroeconomic Determinants of Mean Reversion



       


Ghosh Chinmoy, Milena Petrova, Le Sun, Yihong Xiao
Email: chinmoy.ghosh@uconn.edu
Increasing Gender Diversity in Corporate Boards: Are Firms Catering to Investor Preferences?



       


Giglio Stefano, Dacheng Xiu
Email: stefano.giglio@chicagobooth.edu
Inference on Risk Premia in the Presence of Omitted Factors



       


Giuliana Raffaele
Email: raffaele.giuliana@nhh.no
How did the bail-in events affect European banks' bonds?



       


Giuzio Margherita, Ben Craig, Sandra Paterlini
Email: margherita.giuzio@yahoo.it
Effects of Diversification and Capital Buffers on the EU Sovereign-Bank Network



       


Gloner Simon
Email: simon.glossner@kuei.de
Short-Term Investors, Monitoring Blockholders, and Long-Term Corporate Investment



       


Godlewski Christophe
Email: godlewski@unistra.fr
Initial conditions and the private debt renegotiation process



       


Gonenc Halit, Mario Hernandez Tinoco
Email: h.gonenc@rug.nl
The effect of creditor rights on dividend payout with changes in the information environment



       


Grant Andrew, Petko Kalev, Avanidhar Subrahmanyam, Joakim Westerholm
Email: andrew.grant@sydney.edu.au
How are Individual Investors’ Trading Activity and Performance Affected by Major Lifecycle Events? The Case of Divorce



       


Grira Jocelyn, Boubakri Narjess, Asma Guizani
Email: jocelyn.grira@uaeu.ac.ae
Sovereign Wealth Funds and Equity Pricing: New Evidence from the Implied Cost of Equity of Publicly Traded Targets



       


Groba Jonatan, Redouane Elkamhi, Ingmar Nolte
Email: j.groba@lancaster.ac.uk
All Things both Great and Small: Transaction Cost Persistence in Corporate Bonds



       


Guernsey Scott
Email: sguer@ou.edu
Are Some Things Best Kept Secret? The Effect of the Uniform Trade Secrets Act on Financial Leverage



       


Gntay Levent, Jon Pogach, Stefan Jacewitz
Email: guntayl@mef.edu.tr
Proving Approval: Dividend Regulation and Capital Payout Incentives



       


Guo Haifeng, Chi-hsiou Hung, Alexandros Kontonikas
Email: h.guo.1@research.gla.ac.uk
Investor Sentiment regimes, Monetary Policy Shocks, and StockPrice Reaction



       


Gutsche Robert, Jan-frederic Schulz, Michael Gratwohl
Email: robert.gutsche@unisg.ch
Firm-value effects of CSR disclosure and CSR performance



       

Participants

Paper


Ha Chang Y., Tong Li
Email: cyha@phbs.pku.edu.cn
Insider Trading and Investor Sentiment



       


Hammer Benjamin
Email: benjamin.hammer@hhl.de
Do Buy and Build Strategies Increase Illiquidity of Private Equity Investments?



       


Hardouvelis Gikas, Georgios Karalas
Email: gikas.hardouvelis@gmail.com
Style Concentration in Ownership and Expected Stock Returns



       


Hashim Noor, Norman Strong
Email: n.hashim@lancaster.ac.uk
Do analysts’ cash flow forecasts improve the accuracy of their target prices?



       


Hematizadeh Roksana
Email: roksana.hematizadeh@rmit.edu.au
The Dynamic Allocation of Funds in Diverse Financial Markets Using a State-dependent Strategy: Application to Developed and Emerging Equity Markets



       


Hermes Niels, Linyang Li, Robert Lensink
Email: c.l.m.hermes@rug.nl
Bank Credit Allocation and the Signaling Effect of Household’s Informal Indebtedness: Evidence from China



       


Hong Hyun
Email: hyunh@ucr.edu
Changes in firms’ investment policies upon the CDS initiation and the role and the incentives of managers in accompanying lender-shareholder wealth transfer



       


Hsu Yen-Ju, Yu-chen Wei, Yang-cheng Lu
Email: yenj.hsu@gmail.com
The News sentiment effect on trading behavior: A Cross-industry Analysis



       


Huang Hui, Zhenxu Tong
Email: hh337@exeter.ac.uk
Labor Unions and Corporate Cash Holdings: Evidence from International Data



       


Huang Chen, Dimitrios Gounopoulos
Email: c.huang86@outlook.com
Political Corruption and Firm Access to Public Capital Market



       


Huang-Meier Winifred, Jerry Coakley, Daniel Tsvetanov
Email: w.huang-meier@essex.ac.uk
The role of crowdfunded debt in early stage entrepreneurial finance



       


Huh Sahn-Wook, Po-hsuan Hsu
Email: swhuh@buffalo.edu
Intellectual Property News and Informed Trading: Evidence from Patenting Activities



       

Participants

Paper


Iannino Maria Chiara
Email: maria.chiara.iannino@univie.ac.at
Analysts' Forecast Dispersion and Stock Split Announcements



       


Isin Adnan
Email: adnanlisn@gmail.com
Tax Avoidance and Cost of Debt: The Case for Syndicate Risk Mitigation and Public Bond Markets



       

Participants

Paper


Jagtiani Julapa, Joseph Highes, Loretta Mester
Email: julapa.jagtiani@phil.frb.org
IS BIGGER NECESSARILY BETTER IN COMMUNITY BANKING?



       


Jaiswal Shikha
Email: sjaisw2@emory.edu
Do Funds Mask Distribution Fees as Brokerage Commissions?



       


Jang Yeejin, Xiaoyan Zhang, Xue Wang
Email: jang67@purdue.edu
The Multinational Return Premium: Investor’s Perspective



       


Jiang Wei, Michael Adams
Email: wei.jiang-2@mbs.ac.uk
Do Financial Experts on the Board Matter? An Empirical Test from the United Kingdom's Non-Life Insurance Industry



       


Jorge Jose, Charles Kahn
Email: jjorge@fep.up.pt
Liquidity Freezes Under Adverse Selection



       


Jostova Gergana, Doron Avramov, Tarun Chordia, Alexander Philipov
Email: jostova@gwu.edu
Bond, Stocks, and Sources of Mispricing



       

Participants

Paper


Kagkadis Anastasios, Panayiotis Andreou, Dennis Philip, Abderrahim Taamouti
Email: a.kagkadis@lancaster.ac.uk
Forward Moments and Risk Premia Predictability



       


Kalaitzoglou Iordanis, Boulis Maher Ibrahim
Email: ikalaitzoglou@audencia.com
Who is crowding whom in the European carbon market?



       


Kalcheva Ivalina, Paul Griffin, Hyun Hong, Jeong-bon Kim
Email: ivalina.kalcheva@ucr.edu
Shorting activity, return predictability, and the information environment:Evidence from the mandatory adoption of International Financial Reporting Standards



       


Kang Jisok, Kee-hong Bae, Ghon Rhee
Email: j.kang@jbs.cam.ac.uk
Nominal Stock Price Anchors: A Global Phenomenon?



       


Kao Erin H.
Email: erinkao@teamail.ltu.edu.tw
Asymmetric return-volatility relation across different time zones: Quantile regression analysis



       


Kapinos Pavel, Kundan Kishor, Jun Ma
Email: pavel.kapinos@dal.frb.org
Dynamic Comovement Among Banks' Returns and Chargeoffs in the U.S.



       


Katsaitis Odysseas
Email: katsa@acg.edu
Oil Price Formation Revisited: The Increasing Role of the Non-Commercials



       


Kecskes Ambrus, Gennaro Bernile, Vineet Bhagwat, Phuong-anh Nguyen
Email: ambrusk@gmail.com
Do Catastrophic Experiences Affect Risk Attitudes? Evidence from U.S.-Based Managers of Non-U.S. Mutual Funds



       


Kim Dongcheol, Inro Lee, Haejung Na
Email: kimdc@korea.ac.kr
Financial Distress, Short Sale Constraints, and Mispricing



       


Kim Jeong-Ho (John)
Email: jkim230@emory.edu
Why Has Active Asset Management Grown?



       


Kim Yongsik
Email: yskim83@business.kaist.ac.kr
An analysis of the Price Impact



       


Kim Jihun, Miyoung Lee, Sekyung Oh
Email: jihunkim79@gmail.com
A New Portfolio Optimization Approach in the Singular Covariance Matrix: Improving Out-of-Sample Performance



       


Kim Young Sang, Yura Kim, Ha-chin Yi
Email: kimy1@nku.edu
Vice or Virtue? The Impact of Earnings Management on Bank Loan Agreements



       


Kind Axel, Marco Poltera
Email: axel.kind@uni-konstanz.de
Shareholder Proposals as Governance Mechanism: Insights from the Market Value of Corporate Voting Rights



       


Konstantinidi Eirini, Renato Faccini, George Skiadopoulos, Sylvia Sarantopoulou-chiourea
Email: eirini.konstantinidi@mbs.ac.uk
A New Predictor of Real Economic Activity: The S&P 500 Option Implied Risk Aversion



       


Kotzinos Apostolos, Raphael Markellos, Dimitris Psychoyios
Email: tolisk@unipi.gr
Sovereign Debt Markets in the New Digital Era



       


Koutmos Dimitrios
Email: dimitrios.koutmos@gmail.com
Interdependencies between CDS Spreads in the European Union: Is Greece the Black Sheep or Black Swan?



       


Kriebel Johannes, Florian Kaposty, Matthias Loederbusch
Email: johannes.kriebel@wiwi.uni-muenster.de
Gazing into the Crystal Ball when Predicting Loss Given Default in Leasing - Evidence for Parametric and Non-Parametric Models



       


Kvaemer Jens
Email: jens.kvaerner@nhh.no
Commodity Prices and Industry Profitability



       


Kwan Amy, Sean Foley, Adrian Low
Email: amy.kwan@sydney.edu.au
The rise before the close



       

Participants

Paper


La Rocca Maurizio, Marc Deloof, Tom Vanacker
Email: m.larocca@unical.it
Local banking development and the use of debt financing by start-ups



       


Lam F.Y. Eric C., Hung Wan Kot
Email: fyericcl@hkbu.edu.hk
Is the Growth-value Anomaly Related to the Asset Growth Anomaly?



       


LAOPODIS NIKIFOROS, Annie Triantafyllou
Email: nlaopodis@acg.edu
The Fed’s Policy Reaction Function and U.S. Stock Returns



       


Lee Changmin, Hansoo Choi
Email: changmin0415@gmail.com
Estimating the Value of Absolute Power: Evidence from Judiciary Decision Events on Controlling Shareholders in Large Business Groups



       


Lefebvre Jrmie, Thac Huy Nguyen
Email: j.lefebvre@ieseg.fr
Legal Insider Trading in Vietnam: Market Reactions to Pre-Trade Announcements



       


Lei Zicheng, Chendi Zhang, Alok Kumar
Email: zicheng.lei@surrey.ac.uk
A Direct Test of the Dividend Catering Hypothesis



       


Lenoci Francesca
Email: francescadaniela.lenoci@unicatt.it
Is systemic risk pro-cyclical?



       


Li Yubin, Suresh Govindaraj, Chen Zhao, Zhaodong Zhong
Email: yubinresearch@gmail.com
The Effects of Credit Default Swaps Trading on Analyst Forecasts



       


Li Junye, Tao Huang, Fei Wu, Ning Zhu
Email: li@essec.edu
R&D Information Quality and Stock Returns



       


Li Gang
Email: garyli@polyu.edu.hk
On the Jump Dynamics and Jump Risk Premiums



       


Li Geng, Dan Li
Email: geng.li@frb.gov
Household Investors' Belief Dispersion, Trading Volume, and Excess Returns



       


Li Donghui, Zhe An, Zhian Chen, Lu Xing
Email: lidonghui@jnu.edu.cn
Individualism and Stock Price Crash Risk



       


Li Yutao, David G. Deboskey, Gerald J. Lobo, Yan Luo
Email: yutao.li@uleth.ca
The transparency of corporate political disclosure and cost of debt



       


Li Xinxin, Tao-hsien Dolly King, Jun Chen
Email: xli25@uncc.edu
Bondholder Wealth Effects in Joint Ventures and Strategic Alliances Around the World



       


Li Hang, Nicholas Carline, Hisham Farag
Email: hxl445@bham.ac.uk
Is There Really a 'Size Effect' in Acquirer Returns? Evidence from Serial and Non-Serial Acquisition Announcements



       


Lindsey Laura, Luke Stein
Email: laura.lindsey@asu.edu
Angels, Entrepreneurship, and Employment Dynamics: Evidence from Investor Accreditation Rules



       


Liu Cai, Simone Varotto
Email: Cai.Liu@pgr.icmacentre.ac.uk
Sovereign debt and bank loans: complements or substitutes?



       


Lu Jia (lucy), Agyenim Boateng
Email: jlu12@caledonian.ac.uk
Effects of Board Composition, Monitoring and Performance in UK banks



       

Participants

Paper


Magkotsios Georgios
Email: Georgios.Magkotsios.2017@marshall.usc.edu
The life cycle of investment management when today's alpha is tomorrow's beta"""he life cycle of investment manag"



       


Maio Paulo, Ilan Cooper, Dennis Philip
Email: paulofmaio@gmail.com
Multifactor models and the APT: Evidence from a broad cross-section of stock returns



       


Maksimovic Vojislav, Youngsuk Yook
Email: vmaksimovic@rhsmith.umd.edu
Trade Credit, Demand Shocks, and Liquidity Management



       


Mao Mike Qinghao, Laura Xiaolei Liu, Greg Nini
Email: mao@ese.eur.nl
Customer Risk and Corporate Financial Policy: Evidence from Receivables Securitization



       


Marinc Matej, Shaofang Li
Email: matej.marinc@ef.uni-lj.si
Mandatory Clearing of Derivatives and Systemic Risk of Bank Holding Companies



       


Markoulis Stelios, Panayiotis Ioannou, Spiros Martzoukos
Email: smarkoulis@cytanet.com.cy
Bank Distress in the European Union 2008-2015: A General Assessment



       


Marks Joseph
Email: jmarks@bentley.edu
Factor Crowding and Liquidity Exhaustion



       


Mart Jos, Fabio Bertoni, Carmelo Reverte
Email: jmartipe@ccee.ucm.es
Participative loans as an alternative policy instrument for promoting SMEs' growth



       


Martin Thorsten, Clemens Otto
Email: thorsten.martin@hec.edu
Hold-up and Investment: Empirical Evidence from Tariff Changes



       


Martin-Flores Jose, Christophe Moussu
Email: jose_maria.martin_flores@edu.escpeurope.eu
Is Bank Capital Sensitive to a Tax Allowance on Marginal Equity?



       


Mason Andrew, Soheila Malakpour, Nikolaos Karampatsas
Email: Andrew.Mason@surrey.ac.uk
Beyond Market Mood: Stock Sentiment and the Response to Corporate Earnings Announcements



       


Mattarocci Gianluca, Lucia Gibilaro
Email: gianluca.mattarocci@uniroma2.it
The impact of corporate distress along the supply chain: evidences from United States



       


Mavis Christos, Nathan Mcnamee, Dimitris Petmezas, Nickolaos Travlos
Email: c.mavis@surrey.ac.uk
Selling to Buy: Asset Sales and Merger Waves



       


Mazur Mieszko, Ettore Croci, Galla Salganik-shoshan
Email: m.mazur@ieseg.fr
Facilitating Takeovers and Takeover Premia: The Case of Coordinated Monitoring



       


McCourt Maurice
Email: maurice.mccourt@essec.edu
Estimating Skill in Private Equity Performance using Market Data



       


McGeever Niall, John Cotter
Email: niall.mc-geever@ucdconnect.ie
Which stocks are integrated?



       


Megginson William, Veljko Fotak, Haekwon Lee
Email: wmegginson@ou.edu
A BIT of Investor Protection: How Bilateral Investment Treaties Impact the Terms of Syndicated Loans



       


Meier Florian, Paul Gower
Email: f.meier@uel.ac.uk
The FSA put to the test: Maintaining market confidence during the financial crisis



       


Menninger Frederic
Email: frederic.menninger@uni-konstanz.de
Corporate Governance and Equity Risk



       


Meuleman Elien, Martien Lamers, Frederik Mergaerts, Rudi Vander Vennet
Email: elien.meuleman@ugent.be
The trade-off between monetary policy and bank stability



       


Miguel Antonio F., Aneel Keswani, Sofia B. Ramos
Email: a.freitasmiguel@iscte.pt
Mutual Fund Size versus Fees: When big boys become bad boys



       


Mimouni Karim, Moh'd Al Azzam
Email: kmimouni@qu.edu.qa
Currency Risk and Microcredit Interest Rates



       


Min Byoung-Kyu, Tong Suk Kim, Deok-hyeon Lee
Email: byoungkyu.min@sydney.edu.au
Dispersion of Beliefs, Ambiguity, and the Cross-Section of Stock Returns



       


MISSIOU OLYMPIA, Dimitrios Psychoyios
Email: olimpiamissiou@gmail.com
Estimating the size of Shadow Economy with Electricity Consumption Method



       


Miu Peter, Yi-ting Hsieh, Wenchien Liu, Yuanchen Chang
Email: miupete@mcmaster.ca
Fire-Sale Channel of Industry Contagion: Evidence from the Pricing of Industry Recovery Rate



       


Mohebshahedin Mahmood, Lawrence Kryzanowski
Email: m.moheb@uwindsor.ca
TRANSPARENCY AND FUND GOVERNANCE EFFICACY:THE EFFECT OF THE SEC’S DISCLOSURE RULE FOR ADVISORY CONTRACTS



       


Moore Tomoe, Ali Mirzaei
Email: tomoe.moore@brunel.ac.uk
Does Basel III-Compliant Bank Efficiency Enhance Industry Growth in Developing Countries?



       


Mousavi Mohammad Mahdi, Jamal Ouenniche
Email: s.m.m.mousavi@ed.ac.uk
Dynamic Evaluation of Corporate Distress Prediction Models



       


Murray Scott, Zhongjin Lu
Email: smurray19@gsu.edu
Bear Beta



       

Participants

Paper


Nam Seunghan, Joshua Ronen, Tavy Ronen Ronen
Email: nams2@rpi.edu
When an Executive Departs:An Informational Content Story



       


Nanda Vikram, Steven Xiao, Suman Banerjee
Email: vikram.nanda@utdallas.edu
Using Managerial Attributes to Identify Market Feedback Effects: The Case of Mutual Fund Fire Sales



       


Newaz Mohammad Khaleq, Jin Suk Park
Email: mohammad.newaz@coventry.ac.uk
Asymmetries in Volatility and Spillovers and Market Development: A Comparative Study of Advanced, Emerging and Frontier Stock Markets



       


Ng Jeff, Long Chen, Yashu Dong, Albert Tsang
Email: jeffng@baf.cuhk.edu.hk
Cross-Listings and Voluntary Disclosure: International Evidence



       


Nguyen Tri Tri, Chau Duong, Sunitha Narendran
Email: tri.tri.nguyen@uel.ac.uk
Using the profile of CEOs to detect earnings management



       

Participants

Paper


O'Sullivan Niall, Jason Foran
Email: niall.osullivan@ucc.ie
Mutual Fund Skill in Timing Market Volatility and Liquidity



       


Ozkan Neslihan, Kirak Kim, Ahmet Karpuz
Email: N.ozkan@bristol.ac.uk
Employment Protection Laws and Corporate Liquidity Management



       

Participants

Paper


Papanastasopoulos Georgios
Email: papanast@unipi.gr
Asymmetries in the Persistence and Pricing of Cash Flows



       


Pappas Kostas, Martin Walker, Liang (Alice) Xu, Cheng (Colin) Zeng
Email: k.pappas@soton.ac.uk
Do Government Subsidies Affect Income Smoothing?



       


Park Heewoo, Tongsuk Kim
Email: laax@business.kaist.ac.kr
Is Stock Return Predictability of Option-implied Skewness Affected by the Market State



       


Park Kwangwoo, Hyun-dong Kim, Ji Yeol Jimmy Oh
Email: kpark3@kaist.ac.kr
Men of Honor: Military CEOs and Directors in Korea



       


Parwada Jerry, Jianfeng Shen, Kok Keng Siaw, Eric Tan
Email: j.parwada@unsw.edu.au
The Value of Institutional Brokerage Relationships:Evidence From The Collapse of Lehman Brothers



       


Patatoukas Panos N., Richard Sloan, Annika Wang
Email: panos@haas.berkeley.edu
Short-Sales Constraints and Aftermarket IPO Pricing



       


Pederzoli Chiara, Costanza Torricelli
Email: chiara.pederzoli@unimib.it
Systemic risk measures and EBA stress tests



       


Peng Ni, Ning Gao, Norman Strong
Email: n.peng@qmul.ac.uk
What determines horizontal merger antitrust case selection?



       


Penikas Henry
Email: penikas@gmail.com
Default Probability Modeling for the Listed Shipping Companies in 2001-2016



       


Perrakis Stylianos, George Constantinides, Michal Czerwonko
Email: stylianos.perrakis@concordia.ca
Mispriced Index Option Portfolios



       


Pesic Valerio, Giovanni Ferri
Email: valerio.pesic@uniroma1.it
The Spillover Effects of Prudential Regulation on Banking Competition



       


Petrov Evgeny
Email: evgeny.petrov@epfl.ch
Voluntary Disclosure and Informed Trading



       


Pezzo Luca
Email: lpezzo@wustl.edu
What Is Wrong With Representative Agent Equilibrium Models?



       


Phylaktis Kate, Chiara Banti
Email: k.phylaktis@city.ac.uk
Global Liquidity and House Prices around the world



       


Picault Matthieu, Aurore Burietz
Email: m.picault@ieseg.fr
The bank lending channel from the European syndicated loan market perspective



       


Pinto Joo, Paulo Alves
Email: jpinto@porto.ucp.pt
The Choice between Project Financing and Corporate Financing: Evidence from the Corporate Syndicated Loan Market



       


Power Gabriel, Marie-hlne Gagnon, Dominique Toupin
Email: Gabriel.Power@fsa.ulaval.ca
Beyond the Variance Risk Premium: Stock Market Index Return Predictability and Option-Implied Information



       


Pyrgiotakis Emmanouil, George Leledakis
Email: manospirg@aueb.gr
U.S. bank M&As in the post-Dodd-Frank Act era: Do they create value?



       

Participants

Paper


Qiu Mei, Xiaoming Li
Email: M.Qiu@Massey.ac.nz
Capital Structure and Economic Policy Uncertainty: US versus German Firms



       


Quas Anita, Yan Alperovych, Alexander Peter Groh
Email: quas@em-lyon.com
When can Government Venture Capital funds bridge the equity gap?



       

Participants

Paper


Raes Louis, Arian Borgers, Rachel Pownall
Email: l.b.d.raes@tilburguniversity.edu
Exposure to bankers: networks and stock market participation



       


Raffinot Thomas
Email: thomas.raffinot@dauphine.eu
Investing through Economic Cycles with Ensemble Machine Learning Algorithms



       


Rahman Sheehan
Email: sheehan.rahman@postgrad.mbs.ac.uk
The Analysis of Interim Management Statement Tone: A Comparison of Manual and Automated Methods



       


Rakowski David, Sara Shirley, Jeffrey Stark
Email: rakowski@uta.edu
Institutional investor preferences:Evidence from exchange-traded notes



       


Randall Oliver
Email: oliver.randall@emory.edu
Pricing and Liquidity in Over-The-Counter Markets



       


Raunig Burkhard
Email: burkhard.rauning@oenb.at
Economic Policy Uncertainty and the Volatility of Sovereign CDS Spreads



       


Ravi Narayanan Kishore
Email: r.narayanan@skema.edu; kishore.ravinarayanan@etu.uni-lille2.fr
Do networks of blockholders have an impact on Mergers and Acquisitions?



       


Reisel Natalia, Sean Griffith
Email: nreisel@fordham.edu
Dead Hand Proxy Puts, Hedge Fund Activism, and the Cost of Capital



       


Renault Thomas
Email: t.renault@icloud.com
Pump-and-dump or news? Stock market manipulation on social media



       


Riddiough Timothy, Jun Zhu
Email: timothy.riddiough@wisc.edu
Risk and Information Tranching, Security Governance, and Incentive Compatible Capital Structure Design



       


Rizopoulos Efthymios, Michael Bowe, Sarah Zhang
Email: efthymios.rizopoulos@manchester.ac.uk
Market Microstructure Invariance in the FTSE 100



       


Roskelley Kenneth, Randall Campbell
Email: kroskelley@business.msstate.edu
International Housing Price Dynamics: Monetary Policy, Current Account Deficits, and Credit Standards



       


Rossi Ludovico, Elena Beccalli
Email: l.rossi@pgr.reading.ac.uk
Economies or Diseconomies of Scope in the EU Banking Industry?



       


Rouine Ibtissem
Email: ibtissemrouine@gmail.com
Target countries’ leadership style and bidders’ takeover decisions.



       


Regg Roger, Markus Leippold
Email: roger.rueegg@uzh.ch
The Mixed vs the Integrated Approach to Style Investing: Much Ado About Nothing?



       

Participants

Paper


Sainani Sushil, Chris Florackis
Email: sushil@liv.ac.uk
How do CFOs Matter? Evidence from M&A



       


Sakkas Athanasios, Emmanouil Platanakis, Charles Sutcliffe
Email: a.sakkas@soton.ac.uk
Portfolios in a Regime Shifting Non-Normal World: Are Alternative Assets Beneficial?



       


Salas Jesus, Paul Brockman, William Megginson, Hye Seung (Grace) Lee
Email: jsalas@lehigh.edu
IT’S ALL IN THE NAME:EVIDENCE OF FOUNDER-FIRM ENDOWMENT EFFECTS



       


Sang Le Quang
Email: l.q.sang@soton.ac.uk
Value of financial flexibility, investment efficiency and adjustment speed of working capital



       


Santulli Rosalia, Carmen Gallucci, Vincenzo Formisano, Michele Modina
Email: rsantulli@unisa.it
Small Bank-Small Firm Relationship: An Empirical Investigation after the Financial Crisis



       


Sarkar Sudipto, Michi Nishihara, Chuanqian Zhang
Email: sarkars@mcmaster.ca
Agency Cost of Debt Overhang with Optimal Investment Timing and Size



       


Schreiter Maximilian, Tim Kutzker, Alexander Lahmann
Email: maximilian.schreiter@hhl.de
Illiquidity and Indebtedness - Optimal Capital Structure under Realistic Default Triggers in a Double Barrier Option Framework



       


Schumann Kathryn
Email: schumakm@jmu.edu
he Market Perception of Firm Risks during Cross-listing Events



       


Selan Beatriz, Aquiles Kalatzis
Email: beatrizselan@gmail.com
Peer effects of stock returns and financial characteristics: Spatial approach for an emerging market



       


Shang Danjue
Email: danjue.shang@usu.edu
Is Trading What Makes Prices Informative? Evidence from Option Markets



       


Sheikhbahaei Ali, Amalia Di Iorio, Balasingham Balachandran, Huu Nhan Duong
Email: asheikhbahaei@students.latrobe.edu.au
10-K Filing Content and SEO Flotation Costs



       


Shen Zhe, Zhiqiang Wang, Bingbo Su, Jerry Coakley
Email: z.shen@xmu.edu.cn
Prospect theory and IPO returns in China



       


Shi Fangzhou
Email: fangzhoushi@gmail.com
Business Group Aliation Improves New Firms' Protability



       


Siganos Antonios, Isaac Tabner
Email: a.siganos@accfin.gla.ac.uk
Sympathy as a determinant of cross-border merger activity



       


Sila Vathunyoo, Duc Duy Nguyen, Hoai Linh Nguyen
Email: ben.sila@ed.ac.uk
BANK CULTURE AND FINANCIAL STABILITY: EVIDENCE FROM BANK LENDING CHANNELS



       


Simion Giorgia
Email: giorgia.simion@unive.it
What Drives the Concentration of Households’ Investments in Bank Bonds?



       


Skiadopoulos George, Alejandro Bernales, Gonzalo Cortazar, Luka Salamunic
Email: gskiadopoulos@qmul.ac.uk
Learning and Index Option Returns



       


Skintzi Vasiliki
Email: vikiski@uop.gr
Determinants of stock-bond market comovement in the Eurozone under model uncertainty



       


Smith Gavin, Joshua Livnat, Kate Suslava, Martin Tarlie
Email: gavin.smith@prudential.com
Do Directors Have a Use-By Date? Examining the Impact of Board Tenure on Firm Performance



       


Smith Norkeith
Email: nsmith48@csuchico.edu
An investigation of the product market effects of horizontal divestitures via asset sales: Evidence from customer, supplier, and rival firms



       


Sokolyk Tatyana, Mark Fedenia, Hilla Skiba
Email: tsokolyk@brocku.ca
The Effect of Familiarity with Foreign Markets on Institutional Investors’ Performance



       


Sougiannis Theodore, Tatiana Fedyk, Zvi Singer
Email: sougiani@illinois.edu
The Accrual Anomaly: Accrual Originations, Accrual Reversals, and Investor Learning



       


Soula Jean-Loup
Email: jlsoula@unistra.fr
Technical efficiency in bank liquidity creation



       


Spyrou Spyros, Emilios Galariotis, Panagiota Makrichoriti
Email: sspyrou@acueb.gr
The Impact of Conventional and Unconventional Monetary Policyon Expectations and Sentiment



       


Srivastava Anup, Ashish Sood, Birendra Mishra
Email: anup.srivastava@tuck.dartmouth.edu
Harvest Now or Invest Further—the Dilemma Reexamined



       


Stan Raluca, Ann Marie Hibbert
Email: raluca.stan@mail.wvu.edu
The Stock Market Reaction to Earnings Announcements in the Presence of High Ambiguity



       


Steininger Bertram I., Carolin Pommeranz
Email: steininger@immo.rwth-aachen.de
Price Discrimination in the Residential Housing Sector: Evidence from Green Buildings



       


Stolper Oscar, Andreas Walter
Email: oscar.stolper@wiwi.uni-marburg.de
Birds of a feather: The impact of social proximity on the propensity to follow financial advice



       


Straska Miroslava, David Downs, Gregory Waller
Email: mstraska@vcu.edu
Shareholder Activism in REITs



       


Strobl Gnter, Jonathan Cohn, Uday Rajan
Email: gunter@gunterstrobl.com
Credit Ratings: Strategic Issuer Disclosure and Optimal Screening



       


Sun Hanwen, Shuxing Yin
Email: hsun16@sheffield.ac.uk
Informed Trading in Family Firms:Evidence from Short Selling around Insider Sales



       


Suslava Kate
Email: kate.suslava@gmail.com
“Stiff Business Headwinds and Unchartered Economic Waters”: The Use of Euphemisms in Earnings Conference Calls



       


Susnjara Jurica, Thanh Ngo
Email: juricas@hotmail.com
The effect of political connections on earnings management: The evidence from government suppliers



       


Szakmary Andrew, Yuqin Wang, Subhash Sharma
Email: aszakmar@richmond.edu
Valuation of IPOs Using a Stochastic Frontier Approach: A Revisit



       

Participants

Paper


Taffler Richard, Vineet Argarwal,Chenyang Wang
Email: Richard.Taffler@wbs.ac.uk
Asset Pricing Bubbles and Investor Emotions: An Empirical Analysis of the 2014 – 2016 Chinese Stock Market Bubble



       


Tai Vivian, Yi-hsun Lai
Email: whtai@ncnu.edu.tw
Managerial Overconfidence and Directors’ and Officers’ Liability Insurance



       


Taluja Pulkit, Rama Seth, Allen N. Berger
Email: pulkitt15@iimcal.ac.in
Role of Collateral in Mitigating Adverse Selection: Evidence from a Natural Experiment in India



       


Taussig Roi D., Sagi Akron
Email: taussigroi@hotmail.com
Real options and asymmetric volatility



       


Thomas Dylan, Gordon Gemmill
Email: Dylan.Thomas@qmul.ac.uk
Fund Mortality and Fair Discounts on Closed-End Funds



       


Toh Zhao Zhi, Wenjun Xie, Yuan Wu, Liming Xiang
Email: tohz0016@e.ntu.edu.sg
Dynamic Copula Framework for Pairs Trading



       


Tomuleasa Ioana Iuliana, Dionisis Philippas, Stephanos Papadamou
Email: iulianatomuleasa@yahoo.com
Decomposing leverage in quantitative easing decisions: Evidence from the UK



       


Tran Anh, Eliezer Fich, Robert Parrino
Email: anh.tran@city.ac.uk
Timing stock trades for personal gain: Private information and sales of shares by CEOs



       


Tresl Jiri, Jan Hanousek, Iuliia Brushko
Email: jtresl@gmail.com
Re-examining Intra-industry Information Transfers:Cross-industry Abnormal Returns and Trading Volume upon Earnings Announcements



       


Tsiakas Ilias, Jiahan Li
Email: itsiakas@uoguelph.ca
Equity Premium Prediction and the State of the Economy



       


Tsioumas Vangelis, Yiannis Smirlis, Stratos Papadimitriou
Email: etsioumas@acg.edu
Revisiting the impact of the economic environment on the shipping market: The Dry Bulk Economic Climate Index



       


Tsouknidis Dimitris, Neophytos Lambertides, Christos Savva
Email: dimitris.tsouknidis@cut.ac.cy
The effects of oil price shocks on U.S. stock order flow imbalances and stock returns



       


Tsoutsoura Margarita, Morten Bennedsen, Daniel Wolfenzon
Email: tsoutsoura@chicagobooth.edu
Drivers of Effort: Evidence from Employee Absenteeism



       

Participants

Paper


Uribe Jorge M.
Email: jorge.uribe@correounivalle.edu.co
Momentum pricing and trading, and economic uncertainty regimes.



       

Participants

Paper


Vagenas-Nanos Evangelos, Amna Noor Chaudhry, Alexandros Kontonikas
Email: Evangelos.Vagenas-Nanos@glasgow.ac.uk
Financial Advisor Centrality in Mergers and Acquisitions



       


van Bommel Jos, Matthijs Lof
Email: jos.vanbommel@uni.lu
Asymmetric Information and the Distribution of Trading Volume



       


Venturelli Valeria, Stefano Cosma, Riccardo Ferretti, Elisabetta Gualandri, Andrea Landi
Email: valeria.venturelli@unimore.it
HOW DOES FINANCIAL MARKET EVALUATE BUSINESS MODELS? EVIDENCE FROM EUROPEAN BANKS



       


Vitkova Valeriya, Sudi Sudarsanam
Email: valeriya.vitkova.2@city.ac.uk
Hedging their bets: Do hedge fund activists really contribute to long-term value?



       


Vo Quynh-Anh, Fabiana Gomez
Email: quynh-anh.vo@bankofengland.co.uk
Liquidity Management in Banking: What is the Role of Leverage?



       


Volont Christophe, Pascal Gantenbein, Axel Kind
Email: christophe.volonte@unibas.ch
Individualism and Ventue Capital



       


Voukelatos Nikolaos, Radu Tunaru
Email: n.voukelatos@kent.ac.uk
Insurance Against Volatility Risk or Negative Skewness as Reflected by Option Returns in Emerging European Markets



       


Vu Le, Lily Nguyen, Xiangkang Yin
Email: l.vu@latrobe.edu.au
Does audit quality enhance or impede firm innovation?



       


Vulanovic Milos
Email: milos.vulanovic@edhec.edu
SPACs: Post-merger survival



       

Participants

Paper


Waller H. Gregory, Miroslava Straska
Email: hgwaller@vcu.edu
Board Declassification and Bargaining Power



       


Wallmeier Martin
Email: martin.wallmeier@unifr.ch
Skewness Premium and Index Option Returns



       


Wang Shixuan, Zhenya Liu
Email: shixuan_wang@hotmail.com
Asset Return & Camel Process: Beauty and the Beast



       


Wang Wei, Bo Li, Lynnette Purda
Email: wwang@queensu.ca
Do Bondholders Value Senior Loan Lender Control Rights?



       


Wang Ying, Lei Gao, Jing Zhao
Email: ywang@albany.edu
Does Local Religiosity Affect Organizational Risk-taking? Evidence from the Hedge Fund Industry



       


Wang Liu
Email: lwang@providence.edu
Do Investors Care about Earnings Quality? An Empirical Analysis



       


Wanzenried Gabrielle, James A. Wilcox
Email: gabrielle.wanzenried@hslu.ch
Risks, Returns, and the Supply and Demand of Bank Deposits



       


Wei Jiaying
Email: jiaying.wei@essec.edu
ESG Proposals and Shareholder Activism



       


Wu Xueping, Chong Chen
Email: efxpwu@cityu.edu.hk
Advisor Lending to the Advised Acquirer during M&A: Conflict of Interest or Last Resort Financing?



       

Participants

Paper


Xia Chunling, Jana Fidrmuc
Email: c.xia@qmul.ac.uk
Merger synergies, bidding competition and industry characteristics.



       


Xiao Yizhou, Lin Cong
Email: yizhou@baf.cuhk.edu.hk
Persistent Blessings of Luck: Capital and Deal Flows in Venture Investment



       


Xing Lu, Angelica Gonzalez, Vathunyoo Sila
Email: s1356163@sms.ed.ac.uk
Does cooperation of women in top positions enhance or impede firm performance?



       


Xu Yan, Ning Gao, Ian Garrett
Email: yanxuj@hku.hk
The determinants and effectiveness of reverse takeovers in the U.K.



       


Xu Yexiao, Yihua Zhao
Email: yexiaoxu@utdallas.edu
Beta Reversal and Expected Returns



       


Xu Yan, Kewei Hou, Po-hsuan Hsu, Akiko Watanabe
Email: yan.xu@manchester.ac.uk
Corporate R&D and Stock Returns: International Evidence



       

Participants

Paper


Yang Zhaojun, Xiaolin Wang
Email: yangzj@sustc.edu.cn
Pricing equity and contingent convertibles with idiosyncratic risk



       


Yildirim Alev, Linda Allen
Email: ayildirim@gradcenter.cuny.edu
The Intangible Value of Key Talent: Decomposing Organization Capital



       


Yin Chao, Charles Ward, Yeqin Zeng
Email: c.yin@icmacentre.ac.uk
Motivated Institutional Investors and Firm InvestmentEciency



       


Yook Youngsuk, Brandon Julio
Email: youngsuk.yook@frb.gov
Earnings Management and Corporate Investment Decisions



       


Yu Bing, Shengxiong Wu
Email: yubing@meredith.edu
Employee Rights and Dividend Policy around the World



       


Yun Jaesun, Jangkoo Kang, Kyung Yoon Kwon
Email: jkkang@business.kaist.ac.kr
Short-Term Momentums in the Commodity Futures Markets



       

Participants

Paper


Zamojski Marcin
Email: marcin.zamojski@gu.se
Filtering with Confidence: In-sample Confidence Bands for GARCH Filters



       


Zbandut Anastasia
Email: anastasiia.zbandut@ovgu.de
Costs of capital under credit risk



       


Zeng Yekin
Email: y.zeng@icmacentre.ac.uk
Why do acquirers switch financial advisors in mergers and acquisitions?



       


Zerbib Olivier David
Email: odzerbib@gmail.com
The Green Bond Premium



       


Zestos George, Wei Guo, Ryan Patnode
Email: gzestos@cnu.edu
Determinants of Chinese Economic Growth and Trade: an ARDL Approach



       


Zhang Jie, Lawrence Kryzanowski, Rui Zhong
Email: jie.zhang@concordia.ca
International Financial Market Integration, Capital Flows and Quantitative Easing in the U.S.



       


Zhang Ping, George Sermpinis, Serafeim Tsoukas
Email: p.zhang.1@research.gla.ac.uk
Modelling market implied ratings using LASSO variable selection techniques



       


Zhang Xiqian, Carolina Salva
Email: xiqian.zhang@unine.ch
Do financial bidders exploit underpricing?



       


Zhang Yuxin
Email: y.zhang11@imperial.ac.uk
“Life-Cycle Consumption and Portfolio Choice with an Imperfect Predictor



       


Zhang Qingjing, Jing-ming Kuo, Rebecca Stratling
Email: qz2u14@soton.ac.uk
Internal control vs market force: the dividend policy in China



       


Zhang Zhuang, Jing-ming Kuo, Qingjing Zhang
Email: zhuang.zhang@soton.ac.uk
Which side do institutional investors take? Their real face in the impact of CEO risk aversion on CSR



       


Zhao Jing, Mingyi Li, Hsin-i Chou, Xiangkang Yin
Email: j.zhao@latrobe.edu.au
Institutional Demand and Post-earnings-announcement Return



       


Zhao Lei
Email: lzhao@escpeurope.eu
Credit risk “Beta”: the systematic aspect of bank default risk



       


Zhao Jinsha, Hao Li
Email: j.zhao@kingston.ac.uk
Inside debt and managerial risk taking: Evidence from UK pension reform



       


Zhou Si, Jean Chen, Li Xie
Email: s.zhou@soton.ac.uk
If Busy, Team Up! When Multitasking Fund Manager Meets Team.



       


Zhu Lillian, Candie Chang, Ben Jacobsen
Email: s1468394@sms.ed.ac.uk
Macroeconomic and political uncertainty and cross sectional return dispersion around the world



       


Zhuang Zili, Ting-kai Chou, Henock Louis
Email: zili.zhuang@gmail.com
Cost behavior and bond yield spreads



       


Zorn Josef, Jochen Lawrenz
Email: josef.zorn@uibk.ac.at
Local and Global Discount Rates



       


Zuta Shlomith, Omer Berkman
Email: shlomitz@mta.ac.il
The Impact of Audit Committee Size and Composition on Negative Events in the Life of a Company: The Case of Israel