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Finance Publications

• "Market Conditions, Obligations and the Economics of Market Making", Journal of Financial Economics, 121(2), 327-349, 2016 (with Venkataraman, K.)
• "Make-take structure and market quality: Evidence from the US options markets", Management Science, 62(11), 3271-3290, 2016 (with Hua, J., McCormick, T.)
• "Institutional trading and stock resiliency: Evidence from the 2007-2009 financial crisis", Journal of Financial Economics, 108(3), 773-797, 2013 (with Irvine, P., Puckett, A., Venkataraman, K.)

• "A Kinematic Methodology to Optimize the Landing Trajectory for the Boeing 737 Jet Undergoing Total Loss of Thrust", Journal of Transportation Safety & Security, 9(1), 82-104, 2017 (with Dempsey, B.)
• "Is “Green Dot” Always the Optimum Engines-out Glide Speed on the Airbus ", Journal of Aviation/Aerospace Education and Research, 24(3), 33-63, 2015 (with Dempsey, B.)
• " A Kinematic Approach to Segmented-Trajectory Generation for the Total Loss of Thrust Emergency", Aviation, 19(3), 139-148, 2015 (with Dempsey, B.)

• "Corporate Payout Policy and CEO Compensation Structure", International Journal of Accounting and Financial Reporting, 8(2), 2018 (with Pan, L., Huang, S.)
• "Permanent Sales Increase and Investment", Journal of Empirical Finance, 34(December 2015), 15-33, 2015 (with Koveos, P., Yang, I.)

• "Liquidity, Style Investing and Excess Comovement of Exchange-Traded Fund Returns", Journal of Financial Markets, 30, 27–53, 2016

• "ACCEPTED FOR PUBLICATION "Business Complexity and Risk Management: Evidence from Operational Risk Events in U.S. Bank Holding Companies" (Journal of Monetary Economics)", Journal of Monetary Economics, 2019 (with Ozdagli (Federal Reserve Bank, Boston), A., Wang (UC Berkeley), J.)
• "Operational IT Failures, IT Value-Destruction, and Board-Level IT Governance Changes", MIS Quarterly, 41(3), 729-762, 2017 (with Benaroch, M.)
• "Information asymmetry around operational risk announcements", Journal of Banking & Finance, 48, 152-179, 2014 (with Barakat, A., Wahrenburg, M.)

• "Simple and cross efficiency of CTAs using data envelopment analysis", European Journal of Finance, 11(5), 393-409, 2005 (with Gregoriou, G., Rouah, F., Satchell, S.)
• "Commodity trading advisors’ leverage and reported margin-to-equity ratios", Journal of Futures Markets, 23(10), 1003-1017, 2003

• "A View Inside Corporate Risk Management", Management Science, 65(11), 2019 (with Bodnar, G., Graham, J., Harvey, C.)
• "Real Assets and the Limits of Debt Capacity: Theory and Evidence", Real Estate Economics, 46(4), 2018 (with Mello, A., Riddiough, T.)
• "The Management of Political Risk", Journal of International Business Studies, 48(4), 2017 (with Graham, J., Harvey, C.)

• "Leland Bennett Yeager: 1924–2018", Independent Review, 23(3), 435-442, 2019
• "Strategic Choice in Linear Sequential Unmasking", Science & justice; Formerly known as journal of the Forensic Science Society, 59(2), 166-171, 2019
• " Response Paper (in “Symposium on Roger Koppl’s Expert Failure”)", Cosmos + Taxis, 7(1-2), 73-84, 2019

• "Applying an ontology-augmenting XBRL model to accounting information system for business integration", Asia-Pacific Journal of Accounting & Economics, 23, 23, 2016
• "Permanent Sales Increase and Investment", Journal of Empirical Finance, 34(December 2015), 15-33, 2015 (with Barkley, T., Yang, I.)
• "Developmental entrepreneurship as a research field", Journal of Developmental Entrepreneurship, 18(2), 2013

• "Increased Use of the Freedom of Information Act by the Media: What Took the Media So Long", Villanova Law Review, 63(5), 2018 (with Hammitt, H.)
• "Tracking Litigation: Record Number of Freedom of Information Act Suits Filed", The IRE Journal(Fall 2014), 15-16, 2015
• "“Huge Differences in the Number of Persons Sentenced by Individual Judges” ", Federal Sentencing Reporter, 27(5), 303-3011, 2015 (with Burnham, D., Munno, G.)

• "Innovations in Financing: The Case of Anchor Investors in Indian IPOs", European Financial Management, 2020 (with Bhattacharya, A., Chakrabarti, B., Ghosh, C.)
• "The Impact of Like-kind Exchanges on Investment, Leverage and Liquidity", Journal of Real Estate Literature, 2020 (with Ling, D.)
• "The Effect of Legal Environment and Regulatory Structure on Performance: Cross-Country Evidence from REITs", Journal of Real Estate Finance and Economics, 2020 (with Ghosh, C.)

• "What We Do and Do Not Know about Convertible Bond Financing", Journal of Corporate Finance, 2014

• "The Effects of the Global Financial Crisis on the Colombian Local Currency Bonds Prices: An Event Study", Journal of Economic Studies, 43(4), 624-645, 2016 (with Cayón-Fallon, E., Sarmiento-Sabogal, J.)
• "Inflation and bond-stock characteristics of international security returns", International Journal of Managerial Finance, 2(3), 241-251, 2006 (with Kim, M.)
• "The value of active portfolio management", Journal of Economics and Business, 56(4), 331-346, 2004

• "Seemingly unrelated reduced-rank regression model", Journal of Statistical Planning and Inference, 138(9), 2837-2846, 2008 (with Richards, J.)
• "Theodore Wilbur Anderson, Jr.", Journal of Statistical Planning and Inference, 138(9), 2593-2594, 2008 (with Lai, T., Olkin, I.)
• "Partially reduced-rank multivariate regression models", Statistica Sinica, 16(3), 899-917, 2006 (with Reinsel, G.)

• "Mutual Funds that Borrow", Journal of Empirical Legal Studies, 16(4), 767-806, 2019 (with Simkovic)
• "Mutual Fund Capital Structure", Marquette Law Review, Vol. 100, Pages 671-756 (86 pages), 2017
• "The End of Market Discipline? Investor Expectations of Implicit Government Guarantees", , 2014

• "The Economic Consequences of Perk Disclosure", Contemporary Accounting Research, 34, 2017 (with Grinstein, Y., Yehuda, N.)
• "Aggregate Jump and Volatility Risk in the Cross ‐ Section of Stock Returns", Journal of Finance, The, 2015 (with Cremers, M., Halling, M.)
• "Deviations from put-call parity and stock return predictability", Journal of Financial and Quantitative Analysis, 45(2), 335-367, 2010 (with Cremers, M.)

• "Tail Risk Premia and Return Predictability ", Journal of Financial Economics, 118, 113-134, 2015 (with Bollerslev, T., Todorov, V.)
• "Stock Return and Cash Flow Predictability: The Role of Volatility Risk", Journal of Econometrics, 187(2), 458-471, 2014 (with Bollerslev, T., Zhou, H.)
• "Stock Return Predictability and Variance Risk Premia: Statistical Inference and International Evidence", Journal of Financial and Quantitative Analysis, 49(3), 633-661, 2014 (with Bollerslev, T., Marrone, J., Zhou, H.)