Top Papers Published in Financial Management
The Editorial Board of Financial Management is pleased to recognize the top three (3) papers in each quarterly issue of the journal. Selected by the Executive Editor, Editors, and Associate Editors, these papers are presented in special sessions at the association's Annual Meetings, European Conferences, and Asia/Pacific Conferences.
Volume 51, Issue 3 (Fall 2022)
What prevents women from reaching the top? Matti Keloharju, Samuli Knüpfer, Joacim Tåg
Bank lending networks and the propagation of natural disasters Ivan Ivanov, Marco Macchiavelli, João AC Santos
Investor learning and mutual fund flows Jennifer Huang, Kelsey Wei, Hong Yan
Volume 51, Issue 2 (Summer 2022)
Does perception of social issues affect portfolio choices? Evidence from the #MeToo movement Douglas Cook, Shikong (Scott) Luo
A hidden hand in corporate lobbying Anqi Jiao
Industry centrality: Weak ties, industry attributes, and managerial contracting Rasha Ashraf, Nishant Dass, Vikram Nanda
Volume 51, Issue 1 (Spring 2022)
Geographic proximity and price efficiency: Evidence from high-speed railway connections between firms and financial centers Hao Gao, Yuanyu Qu, Tao Shen
Director diversity and inclusion: At the table but in the game? Nemmara K. Chidambaran, Yun Liu, Nagpurnanand Prabhala
Ultimate ownership and bank competition José Azar, Sahil Raina, Martin Schmalz
Volume 50, Issue 4 (Winter 2021)
Defined benefit pension de-risking and corporate risk-taking Brian Silverstein
Do managers provide misleading earnings forecasts before stock repurchases? Amrita Nain, Anand Vijh
Powerful independent directors Kathy Fogel, Liping Ma, Randall Morck
Volume 50, Issue 3 (Fall 2021)
Political connections and informed trading: Evidence from TARP Ozlem Akin, Nicholas Coleman, Christian Fons-Rosen, and José-Luis Peydró
The effects of political competition on the funding of public-sector pension plans Sutirtha Bagchi
Blockchain speculation or value creation? Evidence from corporate investments Don Autore, Nicholas Clarke, and Danling Jiang
Volume 50, Issue 2 (Summer 2021)
On a stakeholder model of corporate governance Jonathan Karpoff
Are the risk attitudes of professional investors affected by personal catastrophic experiences? Gennaro Bernile, Vineet Bhagwat, Ambrus Kecskés, and Phuong-Anh Nguyen
A rundown of merger target run-ups Marie Dutordoir, Evangelos Vagenas-Nanos, Patrick Verwijmeren, and Betty Wu
Volume 50, Issue 1 (Spring 2021)
Twitter activity, investor attention, and the diffusion of information David Rakowski, Sara Shirley, Jeffrey Stark
Advertising, investor attention, and stock prices: Evidence from a natural experiment Erik Mayer
Learning and predictability via technical analysis: Evidence from Bitcoin and stock with hard-to-value fundamentals Andrew Detzel, Hong Liu, Jack Strauss, Guofu Zhou, Yingzi Zhu
Volume 49, Issue 4 (Winter 2020)
Corporate Watchdogs Marco Navone, Thomas To
Predicting hedge fund performance when fund returns are skewed Andrea Heuson, Mark Hutchinson, Alok Kumar
Performance peer groups in CEO compensation contracts Tor-Erik Bakke, Hamed Mahmudi, Ashley Newton
Volume 49, Issue 3 (Fall 2020)
Financial literacy and financial resilience: Evidence from around the world Leora Klapper, Annamaria Lusardi
The dark side of individual blockholder philanthropy Tom Shohfi, Roger M. White
Portfolio manager home‐country culture and mutual fund risk‐taking Wei Jiao
Volume 49, Issue 2 (Summer 2020)
Mispriced index option portfolios George Constantinides, Michal Czerwonko, Stylianos Perrakis
A project-level analysis of value creation in firms Jonathan Cohn, Umit Gurun, Rabih Moussawi
Local religious beliefs and municipal bond market outcomes Alex Abakah
Volume 49, Issue 1 (Spring 2020)
The Benefits of Overvaluation: Evidence from Mergers and Acquisitions Evangelos Vagenas-Nanos
Order Anticipation Around Predictable Trades Mehmet Saglam
The Investment Behavior of Buyout Funds: Theory and Evidence Alexander Ljungqvist, Matthew Richardson, and Daniel Wolfenzon
Volume 48, Issue 4 (Winter 2019)
The Roles of Alternative Data and Machine Learning in Fintech lending: Evidence from the LendingClub Consumer Platform Juapa Jagtiani, Catharine Lemieux
Machine Learning and Asset Allocation Bryan Routledge
The Future of Fintech Sanjiv Das
Volume 48, Issue 3 (Fall 2019)
Risk-taking Channel of Monetary Policy Tobias Adrian, Arturo Estrella, Hyun Song Shin
Under-reaction to Political Information and Price Momentum Jawad Addoum, Stefanos Delikouras, Da Ke, Alok Kumar
The Real Effects of Proxy Advisors on the Firm Paul Calluzzo, Evan Dudley
Volume 48, Issue 2 (Summer 2019)
Identifying and Treating Outliers in Finance John Adams, Darren Hayunga, Sattar Mansi, David Reeb, Vincenzo Verardi
The CDS-Bond Basis Jennie Bai, Pierre Collin-Dufresne
What are Boards for? Evidence from Closely Held Firms in Colombia Belén Villalonga, María-Andrea Trujillo, Alexander Guzmán, Neila Cáceres
Volume 48, Issue 1 (Spring 2019)
Will Money Talk? Firm Bribery and Credit Access Shusen Qi, Steven Ongena
Does Firing a CEO Pay Off? George Alexandridis, John Doukas, Christos Mavis
Measuring Sovereign Risk: Are CDS Spreads Better than Sovereign Credit Ratings? Ivan Rodriguez, Krishnan Dandapani, Edward Lawrence
Volume 47, Issue 4 (Winter 2018)
The Theory and Practice of Corporate Risk Management: Evidence from the Field Erasmo Giambona, John Graham, Campbell Harvey, Gordon Bodnar
Having a Finger in the Pie: Labor Power and Corporate Payout Policy In-Mu Haw, Bingbing Hu, Donghui Wu, Xu Zhang
Experience and Brokerage in Asset Markets:: Evidence from Art Auctions Brunella Bruno, Emilia Garcia-Appendini, Giacomo Nocera
Volume 47, Issue 3 (Fall 2018)
Leaning Against the Wind: Debt Financing in the Face of Adversity Michael Brennan, Holger Kraft
Distress Anomaly and Shareholder Risk: International Evidence Assaf Eisdorfer, Amit Goyal, Alexei Zhdanov
Management Risk Incentives and the Readability of Corporate Disclosures Bidisha Chakrabarty, Ananth Seetharaman, Zane Swanson, Xu (Frank) Wang
Volume 47, Issue 2 (Summer 2018)
Do Outside Directors with Government Experience Create Value? Jun-Koo Kang, Le Zhang
Sold Below Value? Why Takeover Offers Can Have Negative Premiums Utz Weitzel, Gerhard Kling
Mutual Fund Stock-Picking Skill: New Evidence from Valuation- versus Liquidity-Motivated Trading Martin Rohleder, Dominik Schulte, Janik Syryca, Marco Wilkens
Volume 47, Issue 1 (Spring 2018)
CMBS Subordination, Ratings Inflation, and Regulatory-Capital Arbitrage Richard Stanton, Nancy Wallace
Mutual Fund Managers' Prior Work Experience and Their Investment Skill Rui Chen, Zhennan Gao, Xuyong Zhang, Min Zhu
School Holidays and Stock Market Seasonality Lily Fang, Chunmei Lin, Yuping Shao
Volume 46, Issue 4 (Winter 2017)
On the Relative Performance of Investment‐Grade Corporate Bonds with Differing Maturities (tied for first) Darrin DeCosta, Fei Leng, Gregory Noronha
The Persistence of Opportunistic Insider Trading (tied for first) Brandon N. Cline, Sinan Gokkaya, Xi Liu
Bank Competition and Leverage Adjustments Fuxiu Jiang, Zhan Jiang, Jicheng Huang, Kenneth A. Kim, John R. Nofsinger
Volume 46, Issue 3 (Fall 2017)
Firm Opacity Lies in the Eye of the Beholder Sandeep Dahiya, Giuliano Iannotta, Marco Navone
CEO Age, Risk Incentives, and Hedging Strategy Ettore Croci, Alfonso del Giudice, Håkan Jankensgård
CEO's Inside Debt and Dynamics of Capital Structure Eric R. Brisker, Wei Wang
Volume 46, Issue 2 (Summer 2017)
How Much Do Corporate Defendants Really Lose? A New Verdict on the Reputation Loss Induced by Corporate Litigation Bruce Haslem, Irena Hutton, Aimee Hoffmann Smith
Short Interest, Returns, and Unfavorable Fundamental Information Ferhat Akbas, Ekkehart Boehmer, Bilal Erturk, Sorin Sorescu
Mutual Fund Liquidity Costs Jon A. Fulkerson, Timothy B. Riley
Volume 46, Issue 1 (Spring 2017)
Political Party Affiliation of the President, Majority in Congress, and Sin Stock Returns Sanjiv Sabherwal, Salil Sarkar, Mohammad Riaz Uddin
Growing Pains: International Instability and Equity Market Returns Zhuo Chen, Andrea Lu, Zhuqing Yang
Labor Rights, Venture Capital, and Firm Performance Xuejing Xing, John S. Howe, Randy Anderson, Shan Yan
Volume 45, Issue 4 (Winter 2016)
Macroeconomic Expectations and the Size, Value, and Momentum Factors Mikael C. Bergbrant, Patrick J. Kelly
Socially Responsible Investing by Universities and Colleges Janet Kiholm Smith, Richard L. Smith
The Effect of CEO Option Compensation on the Capital Structure: A Natural Experiment Onur Kemal Tosun
|