Details about Hendrik Bessembinder

Access statistics for papers by Hendrik Bessembinder.

Last updated 2024-11-06. Update your information in the RePEc Author Service.

Short-id: pbe151

Working Papers

1989

1. FORWARD CONTRACTS AND FIRM VALUE: INVESTMENT INCENTIVE AND CONTRACTING EFFECTS
   Working Papers, Rochester, Business - Managerial Economics Research Center View citations (14)
   See also Journal Article Forward Contracts and Firm Value: Investment Incentive and Contracting Effects, Journal of Financial and Quantitative Analysis, Cambridge University Press (1991) View citations (153) (1991)
2. RISK PREMIA IN FUTURES AND ASSET MARKETS
   Working Papers, Columbia - Center for Futures Markets

Journal Articles

2024

1. Risk Hedging and Loan Covenants
   Management Science, 2024, 70, (11), 8067-8095

2023

2. Long-Term Shareholder Returns: Evidence from 64,000 Global Stocks
   Financial Analysts Journal, 2023, 79, (3), 33-63
3. Mutual fund performance at long horizons
   Journal of Financial Economics, 2023, 147, (1), 132-158 View citations (2)

2022

4. Long Run Stock Returns after Corporate Events Revisited
   Critical Finance Review, 2022, 11, (1), 169-183 View citations (1)
5. Overallocation and secondary market outcomes in corporate bond offerings
   Journal of Financial Economics, 2022, 146, (2), 444-474 View citations (1)

2021

6. Chinese and Global ADRs: The US Investor Experience
   Financial Analysts Journal, 2021, 77, (3), 53-68

2020

7. A Survey of the Microstructure of Fixed-Income Markets
   Journal of Financial and Quantitative Analysis, 2020, 55, (1), 1-45 View citations (30)
8. Liquidity Provision Contracts and Market Quality: Evidence from the New York Stock Exchange
   The Review of Financial Studies, 2020, 33, (1), 44-74 View citations (7)

2019

9. Characteristic-Based Benchmark Returns and Corporate Events
   The Review of Financial Studies, 2019, 32, (1), 75-125 View citations (14)

2018

10. Capital Commitment and Illiquidity in Corporate Bonds
    Journal of Finance, 2018, 73, (4), 1615-1661 View citations (96)
11. Do stocks outperform Treasury bills?
    Journal of Financial Economics, 2018, 129, (3), 440-457 View citations (38)
12. The “Roll Yield” Myth
    Financial Analysts Journal, 2018, 74, (2), 41-53

2016

13. Liquidity, resiliency and market quality around predictable trades: Theory and evidence
    Journal of Financial Economics, 2016, 121, (1), 142-166 View citations (36)

2015

14. Market Making Contracts, Firm Value, and the IPO Decision
    Journal of Finance, 2015, 70, (5), 1997-2028 View citations (21)
15. Predictable Corporate Distributions and Stock Returns
    The Review of Financial Studies, 2015, 28, (4), 1199-1241 View citations (8)

2013

16. Firm characteristics and long-run stock returns after corporate events
    Journal of Financial Economics, 2013, 109, (1), 83-102 View citations (40)
17. Noisy Prices and Inference Regarding Returns
    Journal of Finance, 2013, 68, (2), 665-714 View citations (77)
18. Trading Activity and Transaction Costs in Structured Credit Products
    Financial Analysts Journal, 2013, 69, (6), 55-67

2010

19. Liquidity biases in asset pricing tests
    Journal of Financial Economics, 2010, 96, (2), 215-237 View citations (68)

2009

20. Hidden liquidity: An analysis of order exposure strategies in electronic stock markets
    Journal of Financial Economics, 2009, 94, (3), 361-383 View citations (70)
21. Measuring Abnormal Bond Performance
    The Review of Financial Studies, 2009, 22, (10), 4219-4258 View citations (175)

2008

22. Comments
    Journal of Economic Perspectives, 2008, 22, (4), 225-26
23. Markets: Transparency and the Corporate Bond Market
    Journal of Economic Perspectives, 2008, 22, (2), 217-234 View citations (83)

2006

24. Gains from Trade under Uncertainty: The Case of Electric Power Markets
    The Journal of Business, 2006, 79, (4), 1755-1782 View citations (16)
25. Market transparency, liquidity externalities, and institutional trading costs in corporate bonds
    Journal of Financial Economics, 2006, 82, (2), 251-288 View citations (200)

2004

26. Does an electronic stock exchange need an upstairs market?
    Journal of Financial Economics, 2004, 73, (1), 3-36 View citations (63)

2003

27. Issues in assessing trade execution costs
    Journal of Financial Markets, 2003, 6, (3), 233-257 View citations (119)
28. Quote-based competition and trade execution costs in NYSE-listed stocks
    Journal of Financial Economics, 2003, 70, (3), 385-422 View citations (43)
29. Trade Execution Costs and Market Quality after Decimalization
    Journal of Financial and Quantitative Analysis, 2003, 38, (4), 747-777 View citations (200)

2002

30. Equilibrium Pricing and Optimal Hedging in Electricity Forward Markets
    Journal of Finance, 2002, 57, (3), 1347-1382 View citations (320)

2000

31. Tick Size, Spreads, and Liquidity: An Analysis of Nasdaq Securities Trading near Ten Dollars
    Journal of Financial Intermediation, 2000, 9, (3), 213-239 View citations (35)

1999

32. Trade Execution Costs on NASDAQ and the NYSE: A Post-Reform Comparison
    Journal of Financial and Quantitative Analysis, 1999, 34, (3), 387-407 View citations (102)

1998

33. Market Efficiency and the Returns to Technical Analysis
    Financial Management, 1998, 27, (2) View citations (105)
34. Trading Costs and Volatility for Technology Stocks
    Financial Analysts Journal, 1998, 54, (5), 64-71

1997

35. A Comparison of Trade Execution Costs for NYSE and NASDAQ-Listed Stocks
    Journal of Financial and Quantitative Analysis, 1997, 32, (3), 287-310 View citations (133)
36. A cross-exchange comparison of execution costs and information flow for NYSE-listed stocks
    Journal of Financial Economics, 1997, 46, (3), 293-319 View citations (108)
37. The degree of price resolution and equity trading costs
    Journal of Financial Economics, 1997, 45, (1), 9-34 View citations (32)

1996

38. An empirical examination of information, differences of opinion, and trading activity
    Journal of Financial Economics, 1996, 40, (1), 105-134 View citations (115)

1995

39. Mean Reversion in Equilibrium Asset Prices: Evidence from the Futures Term Structure
    Journal of Finance, 1995, 50, (1), 361-75 View citations (154)
40. The profitability of technical trading rules in the Asian stock markets
    Pacific-Basin Finance Journal, 1995, 3, (2-3), 257-284 View citations (98)

1994

41. Bid-ask spreads in the interbank foreign exchange markets
    Journal of Financial Economics, 1994, 35, (3), 317-348 View citations (105)

1993

42. An empirical analysis of risk premia in futures markets
    Journal of Futures Markets, 1993, 13, (6), 611-630 View citations (11)
43. Price Volatility, Trading Volume, and Market Depth: Evidence from Futures Markets
    Journal of Financial and Quantitative Analysis, 1993, 28, (1), 21-39 View citations (284)
44. Return Autocorrelations around Nontrading Days
    The Review of Financial Studies, 1993, 6, (1), 155-89 View citations (39)

1992

45. Futures-Trading Activity and Stock Price Volatility
    Journal of Finance, 1992, 47, (5), 2015-34 View citations (144)
46. Systematic Risk, Hedging Pressure, and Risk Premiums in Futures Markets
    The Review of Financial Studies, 1992, 5, (4), 637-67 View citations (262)
47. Time-varying risk premia and forecastable returns in futures markets
    Journal of Financial Economics, 1992, 32, (2), 169-193 View citations (131)

1991

48. Forward Contracts and Firm Value: Investment Incentive and Contracting Effects
    Journal of Financial and Quantitative Analysis, 1991, 26, (4), 519-532 View citations (153)
    See also Working Paper FORWARD CONTRACTS AND FIRM VALUE: INVESTMENT INCENTIVE AND CONTRACTING EFFECTS, Working Papers (1989) View citations (14) (1989)