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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

• "PUBLISHED (Journal of Monetary Economics, PREMIER) "Business Complexity and Risk Management: Evidence from Operational Risk Events in U.S. Bank Holding Companies"", Journal of Monetary Economics, 117 (January 2021), 418-440, 2021 (with Ozdagli (Federal Reserve Bank, Boston), A., Wang (UC Berkeley), J.)
• "ACCEPTED FOR PUBLICATION (European Journal of Finance) "How do Banking Analysts behave around Unanticipated News? Evidence from Operational Risk Event Announcements"", European Journal of Finance, 2020 (with Barakat (University of Nottingham), A., Gya (University of Nottingham), H., Amess (University of Nottingham), K.)
• "Operational IT Failures, IT Value-Destruction, and Board-Level IT Governance Changes", MIS Quarterly, 41(3), 729-762, 2017 (with Benaroch, 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

• "Do Firms Purposefully Change Capital Structure? Evidence from an Investment-Opportunity Shock to Drug Firms", Journal of Financial and Quantitative Analysis, 56(3), 2021 (with Golec, J., Lopez de Silanes, F.)
• "Derivatives Supply and Corporate Hedging: Evidence from the Safe Harbor Reform of 2005", Review of Financial Studies, Volume 33(Issue 11), Pages 5015–5050, 2020 (with Wang, Y.)
• "A View Inside Corporate Risk Management", Management Science, 65(11), 2019 (with Bodnar, G., Graham, J., Harvey, C.)

• "Scheall on the Epistemic Limits of Policy", Cosmos + Taxis, forthcoming, 2021
• "Letter to the Editor: Do Court-Assessed Fees Induce Laboratory Contingency Bias in Crime Laboratories?", Journal of Forensic Sciences, 65(5), 1793-1794, 2020
• "On the emergence of ecological and economic niches", Journal of Bioeconomics, 22(2), 99-127, 2020 (with Cazzolla Gatti, R., Fath, B., Kauffman, S., Hordijk, W., Ulanowicz, R.)

• "Outward FDI and Entrepreneurship: The Case of China", , 15, 2020 (with Shen, L., Zhu, X., Wen, F., Lao, J.)
• "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.)

• "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, 1(28), 205-237, 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.)

• "Business Development Companies: Venture Capital for Retail Investors", Business Lawyer, 76(1), 59-108, 2020
• "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 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.)