The Financial Review

1984 - 2025

Current editor(s): Cynthia J. Campbell and Arnold R. Cowan

From Eastern Finance Association
Contact information at EDIRC.
Bibliographic data for series maintained by Wiley Content Delivery ().

Access Statistics for this journal.
Is something missing from the series or not right? See the RePEc data check for the archive and series.

Volume 56, issue 4, 2021

Board committees and director departures pp. 619-644

Murali Jagannathan, Srinivasan Krishnamurthy and Joshua Spizman

The effects of exchange listing on market quality: Evidence from over‐the‐counter uplistings pp. 645-669

Ryan Davis, Todd Griffith, Brian Roseman and Serhat Yildiz

The impact of trading behavioral biases on market liquidity under different volatility levels: Evidence from the Chinese commodity futures market pp. 671-692

Qingfu Liu, Yiuman Tse and Kaixin Zheng

Financial consequences of reputational damage: Evidence from government economic incentives pp. 693-719

Brian Blank, Brandy Hadley and Omer Unsal

Does firm‐level political risk influence corporate social responsibility (CSR)? Evidence from earnings conference calls pp. 721-741

Pattanaporn Chatjuthamard, Sirimon Treepongkaruna, Pornsit Jiraporn and Napatsorn Jiraporn

Firm life cycle and trade credit pp. 743-771

Mostafa Monzur Hasan, Adrian (Wai‐Kong) Cheung, Lidia Tunas and Hung Wan Kot

Different ways of managing risk as reported in 10‐Ks: A supervised learning approach pp. 773-792

Richard Friberg and Thomas Seiler

Network centrality and value relevance of insider trading: Evidence from Europe pp. 793-819

Mansoor Afzali and Minna Martikainen

Blockholder exit threats and corporate cash holdings pp. 821-843

Lingna Sun, Hieu V. Phan and Thuy Simpson

Volume 56, issue 3, 2021

Do volatility extensions improve the quality of closing call auctions? pp. 385-406

Ester Félez‐Viñas and Björn Hagströmer

Serial acquirers and decreasing returns: Do bidders’ acquisition patterns matter? pp. 407-432

Thibaut G. Morillon

Network centrality, connections, and social capital: Evidence from CEO insider trading gains pp. 433-457

Rwan El‐Khatib, Dobrina Jandik and Tomas Jandik

Informed options trading prior to insider trades pp. 459-480

(Grace) Qing Hao and Keming Li

Financial flexibility demand and corporate financial decisions pp. 481-509

Soku Byoun

Entrenchment or efficiency? CEO‐to‐employee pay ratio and the cost of debt pp. 511-533

Katsiaryna Bardos, Steven E. Kozlowski and Michael R. Puleo

Investor awareness or information asymmetry? Wikipedia and IPO underpricing pp. 535-561

Thomas Boulton, Bill B. Francis, Thomas Shohfi and Daqi Xin

Sell‐side analyst recommendation revisions and hedge fund trading before and after regulation fair disclosure pp. 563-590

Mustafa Onur Caglayan, Umut Celiker and Edward R. Lawrence

A nonrandom walk down Hollywood boulevard: Celebrity deaths and investor sentiment pp. 591-613

Gabriele M. Lepori

Volume 56, issue 2, 2021

A message from the outgoing editors of The Financial Review pp. 203-203

Srini Krishnamurthy and Richard S. Warr

Portfolios of actively managed mutual funds pp. 205-230

Timothy B. Riley

Are mutual fund investors loss averse? Evidence from China pp. 231-250

Jie Jiang, David G. Shrider, Huangwen Ting and Yanran Wu

Can hedge funds benefit from corporate social responsibility investment? pp. 251-278

Jun Duanmu, Qiping Huang, Yongjia Li and Garrett A. McBrayer

Expectations and financial markets: Lessons from Brexit pp. 279-299

Chen Gu and Ann Marie Hibbert

The trend is an analyst's friend: Analyst recommendations and market technicals pp. 301-330

Ryan Flugum

The role of asymmetry and dynamics in carry trade and general financial markets pp. 331-353

Chang‐Che Wu, MeiChi Huang and Chih‐Chiang Wu

When two anomalies meet: Volume and timing effects on earnings announcements pp. 355-380

Mark Wong, Adrian (Wai-Kong) Cheung and Wei Hu

Volume 56, issue 1, 2021

Independent director compensation, corruption, and monitoring pp. 5-28

Natasha Burns, Anna Kapalczynski and John K. Wald

The bright side of co‐opted boards: Evidence from firm innovation pp. 29-53

Lily Nguyen, Le Vu and Xiangkang Yin

Political corruption shielding and corporate acquisitions pp. 55-83

Ashrafee Tanvir Hossain and Lawrence Kryzanowski

Charitable inclination and the chief executive officer's pay package pp. 85-108

Dev Mishra

Are CEOs incentivized to shelter good information? pp. 109-132

Hongrui Feng and Yuecheng Jia

Executive risk incentives, product market competition, and R&D pp. 133-156

Hussein Abdoh and Yu Liu

When LIBOR becomes LIEBOR: Reputational penalties and bank contagion pp. 157-178

Michele Fabrizi, Xing Huan and Antonio Parbonetti

Financial crises and the asymmetric relation between returns on banks, risk factors, and other industry portfolio returns pp. 179-198

Kenneth Högholm, Johan Knif, Gregory Koutmos and Seppo Pynnönen

Volume 55, issue 4, 2020

Beauty is wealth: CEO attractiveness and firm value pp. 529-556

Joseph T. Halford and Hung‐Chia S. Hsu

Did SFAS 166/167 decrease the information asymmetry of securitizing banks? pp. 557-581

Seda Oz

Uncertain times and early predictions of bank failure pp. 583-601

Cullen Goenner

Institutional trading, investor sentiment, and lottery‐like stock preferences pp. 603-624

Dallin M. Alldredge

Short‐sale constraints and informational efficiency to private information: A natural experiment pp. 625-643

Hae Mi Choi

Decomposing the VIX: Implications for the predictability of stock returns pp. 645-668

K. Victor Chow, Wanjun Jiang, Bingxin Li and Jingrui Li

The price and volume response to earnings announcements in the corporate bond market pp. 669-696

Melissa Woodley, Peter DaDalt and John R. Wingender

How do independent directors view corporate social responsibility (CSR)? Evidence from a quasi‐natural experiment pp. 697-716

Pandej Chintrakarn, Pornsit Jiraporn, Shenghui Tong, Napatsorn Jiraporn and Richard Proctor

Volume 55, issue 3, 2020

Term structure determinants of time‐varying risk of 1‐year bond returns pp. 365-384

Revansiddha Basavaraj Khanapure

Trade signing in fast markets pp. 385-404

Allen Carrion and Madhuparna Kolay

Capturing hedge fund risk factor exposures: Hedge fund return replication with ETFs pp. 405-431

Jun Duanmu, Yongjia Li and Alexey Malakhov

Religion and venture investing: A cross‐country analysis pp. 433-460

Min Maung, Zhenyang Tang and Xiaowei Xu

Stock market anomalies and baseball cards pp. 461-479

Joseph Engelberg, Linh Thompson and Jared Williams

Commonality in liquidity and multilateral trading facilities pp. 481-502

Pankaj K. Jain, Mohamed Mekhaimer and Sandra Mortal

Time‐varying risk of rare disasters, investment, and asset pricing pp. 503-524

Bo Liu, Yingjie Niu, Jinqiang Yang and Zhentao Zou

Volume 55, issue 2, 2020

Wealth transfer through private placements: Evidence from China pp. 199-219

Jing Lin, Steven X. Zheng and Mingshan Zhou

The local market perception of firm risks during cross‐listing events pp. 221-246

Kathryn Schumann‐Foster, Elias Semaan and Hui Sono

Does local political support influence financial markets? A study on the impact of job approval ratings of political representatives on local stock returns pp. 247-276

Sunghoon Joo, Dong H. Kim and Jung Chul Park

State ownership and banks’ information rents: Evidence from China pp. 277-306

Fengyan Yu, Qi Liang and Wei Wang

Corporate decision making in the presence of political uncertainty: The case of corporate cash holdings pp. 307-337

William Hankins, Anna‐Leigh Stone, Chak Hung Jack Cheng and Ching‐Wai (Jeremy) Chiu

Capital market frictions and human capital investment: Evidence from workplace safety around regulation SHO pp. 339-360

John (Jianqiu) Bai, Eunju Lee and Chi Zhang

Volume 55, issue 1, 2020

Fifty years of The Financial Review: A bibliometric overview pp. 7-24

H. Kent Baker, Satish Kumar and Debidutta Pattnaik

Managerial effect or firm effect: Evidence from the private debt market pp. 25-59

Bill B. Francis, Iftekhar Hasan and Yun Zhu

The syndicate structure of securitized corporate loans pp. 61-89

Zhengfeng Guo and Shage Zhang

Officers’ fiduciary duties and acquisition outcomes pp. 91-119

Syed Walid Reza

Too much liquidity? Seemingly excess cash for innovative firms pp. 121-144

Zhaozhao He and Stephen Ciccone

Not all threats are taken equally: Evidence from proxy fights pp. 145-168

Fang Chen, Lijing Du, Susan M. V. Flaherty, Jian Huang and Gokhan Torna

Local corporate misconduct and local initial public offerings pp. 169-192

Emre Kuvvet and Darshana D. Palkar