Journal of Finance

1946 - 2025

From American 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 60, issue 6, 2005

Do Firms Rebalance Their Capital Structures? pp. 2575-2619

Mark T. Leary and Michael Roberts

Optimal Capital Structure and Industry Dynamics pp. 2621-2659

Jianjun Miao

CEO Overconfidence and Corporate Investment pp. 2661-2700

Ulrike Malmendier and Geoffrey Tate

CEO Compensation, Change, and Corporate Strategy pp. 2701-2727

James Dow and Clara Raposo

Investment Bank Reputation and the Price and Quality of Underwriting Services pp. 2729-2761

Lily Hua Fang

On the Benefits of Concurrent Lending and Underwriting pp. 2763-2799

Steven Drucker and Manju Puri

Thy Neighbor's Portfolio: Word‐of‐Mouth Effects in the Holdings and Trades of Money Managers pp. 2801-2824

Harrison Hong, Jeffrey D. Kubik and Jeremy C. Stein

Changing Names with Style: Mutual Fund Name Changes and Their Effects on Fund Flows pp. 2825-2858

Michael Cooper, Huseyin Gulen and Raghavendra Rau

Governance Mechanisms and Equity Prices pp. 2859-2894

K. J. Martijn Cremers and Vinay Nair

Debt Maturity, Risk, and Asymmetric Information pp. 2895-2923

Allen Berger, Marco A. Espinosa‐vega, W Frame and Nathan H. Miller

Financial Networks: Contagion, Commitment, and Private Sector Bailouts pp. 2925-2953

Yaron Leitner

Financial Market Design and the Equity Premium: Electronic versus Floor Trading pp. 2955-2985

Pankaj Jain

Transparency and International Portfolio Holdings pp. 2987-3020

R. Gaston Gelos and Shang-Jin Wei

Volume 60, issue 5, 2005

Equilibrium in a Dynamic Limit Order Market pp. 2149-2192

Ronald L. Goettler, Christine A. Parlour and Uday Rajan

The Optimal Concentration of Creditors pp. 2193-2212

Arturo Bris and Ivo Welch

Corporate Yield Spreads: Default Risk or Liquidity? New Evidence from the Credit Default Swap Market pp. 2213-2253

Francis Longstaff, Sanjay Mithal and Eric Neis

An Empirical Analysis of the Dynamic Relation between Investment‐Grade Bonds and Credit Default Swaps pp. 2255-2281

Roberto Blanco, Simon Brennan and Ian Marsh

Stochastic Convenience Yield Implied from Commodity Futures and Interest Rates pp. 2283-2331

Jaime Casassus and Pierre Collin‐dufresne

Managerial Stock Ownership and the Maturity Structure of Corporate Debt pp. 2333-2350

Sudip Datta, Mai Iskandar‐datta and Kartik Raman

Trends in Corporate Governance pp. 2351-2384

Benjamin Hermalin

Methods of Payment in Asset Sales: Contracting with Equity versus Cash pp. 2385-2407

Myron B. Slovin, Marie E. Sushka and John A. Polonchek

Vested Interest and Biased Price Estimates: Evidence from an Auction Market pp. 2409-2435

Jianping Mei and Michael Moses

Wanna Dance? How Firms and Underwriters Choose Each Other pp. 2437-2469

Chitru S. Fernando, Vladimir A. Gatchev and Paul A. Spindt

Arbitraging Arbitrageurs pp. 2471-2511

Mukarram Attari, Antonio S. Mello and Martin E. Ruckes

Information and Control in Ventures and Alliances pp. 2513-2549

Wouter Dessein

The Market Impact of Trends and Sequences in Performance: New Evidence pp. 2551-2569

Gregory R. Durham, Michael G. Hertzel and J. Spencer Martin

Volume 60, issue 4, 2005

The Limits of Financial Globalization pp. 1595-1638

René Stulz

Consumption, Dividends, and the Cross Section of Equity Returns pp. 1639-1672

Ravi Bansal, Robert Dittmar and Christian Lundblad

Time Variation in the Covariance between Stock Returns and Consumption Growth pp. 1673-1712

Greg Duffee

Rational IPO Waves pp. 1713-1757

Lubos Pastor and Pietro Veronesi

Does Prospect Theory Explain IPO Market Behavior? pp. 1759-1790

Alexander Ljungqvist and William J. Wilhelm

Private Equity Performance: Returns, Persistence, and Capital Flows pp. 1791-1823

Steven Kaplan and Antoinette Schoar

Predatory Trading pp. 1825-1863

Markus Brunnermeier and Lasse Pedersen

Strategic Behavior and Underpricing in Uniform Price Auctions: Evidence from Finnish Treasury Auctions pp. 1865-1902

Matti Keloharju, Kjell Nyborg and Kristian Rydqvist

Market Timing and Managerial Portfolio Decisions pp. 1903-1949

Dirk Jenter

Do Insiders Learn from Outsiders? Evidence from Mergers and Acquisitions pp. 1951-1982

Yuanzhi Luo

On the Industry Concentration of Actively Managed Equity Mutual Funds pp. 1983-2011

Marcin Kacperczyk, Clemens Sialm and Lu Zheng

Managerial Opportunism during Corporate Litigation pp. 2013-2041

Bruce Haslem

The Impact of Bank Consolidation on Commercial Borrower Welfare pp. 2043-2082

Jason Karceski, Steven Ongena and David C. Smith

Board Seat Accumulation by Executives: A Shareholder's Perspective pp. 2083-2123

Tod Perry and Urs Peyer

Report of the Editor of The Journal of Finance for the Year 2004 pp. 2125-2139

Robert Stambaugh

Report of the Executive Secretary and Treasurer for the Year Ending September 30, 2004 pp. 2143-2144

David H. Pyle

Volume 60, issue 3, 2005

Judging Fund Managers by the Company They Keep pp. 1057-1096

Randolph B. Cohen, Joshua D. Coval and Lubos Pastor

Finance and the Business Cycle: International, Inter‐Industry Evidence pp. 1097-1128

Matias Braun and Borja Larrain

Debt Dynamics pp. 1129-1165

Christopher A. Hennessy and Toni Whited

Housing Collateral, Consumption Insurance, and Risk Premia: An Empirical Perspective pp. 1167-1219

Hanno Lustig and Stijn Van Nieuwerburgh

What Explains the Stock Market's Reaction to Federal Reserve Policy? pp. 1221-1257

Ben Bernanke and Kenneth Kuttner

Do Bank Relationships Affect the Firm's Underwriter Choice in the Corporate‐Bond Underwriting Market? pp. 1259-1292

Ayako Yasuda

Demand–Deposit Contracts and the Probability of Bank Runs pp. 1293-1327

Itay Goldstein and Ady Pauzner

The Theory of Bank Risk Taking and Competition Revisited pp. 1329-1343

John H. Boyd and Gianni de Nicoló

The Choice of Payment Method in European Mergers and Acquisitions pp. 1345-1388

Mara Faccio and Ronald Masulis

Institutional Holdings and Payout Policy pp. 1389-1426

Yaniv Grinstein and Roni Michaely

Are Firms Underleveraged? An Examination of the Effect of Leverage on Default Probabilities pp. 1427-1459

Carlos Molina Manzano

To Steal or Not to Steal: Firm Attributes, Legal Environment, and Valuation pp. 1461-1493

Artyom Durnev and E. Han Kim

What Determines the Domestic Bias and Foreign Bias? Evidence from Mutual Fund Equity Allocations Worldwide pp. 1495-1534

Kalok Chan, Vicentiu Covrig and Lilian Ng

Currency Returns, Intrinsic Value, and Institutional‐Investor Flows pp. 1535-1566

Kenneth Froot and Tarun Ramadorai

A Comparison of Centralized and Fragmented Markets with Costly Search pp. 1567-1590

Xiangkang Yin

Volume 60, issue 2, 2005

Testing Agency Theory with Entrepreneur Effort and Wealth pp. 539-576

Marianne Bitler, Tobias J. Moskowitz and Annette Vissing‐jørgensen

Entrepreneurial Spawning: Public Corporations and the Genesis of New Ventures, 1986 to 1999 pp. 577-614

Paul Gompers, Josh Lerner and David Scharfstein

Liquidity Shortages and Banking Crises pp. 615-647

Douglas Diamond and Raghuram Rajan

The Stock Market's Reaction to Unemployment News: Why Bad News Is Usually Good for Stocks pp. 649-672

John H. Boyd, Jian Hu and Ravi Jagannathan

Trade Generation, Reputation, and Sell‐Side Analysts pp. 673-717

Andrew R. Jackson

The Geography of Equity Analysis pp. 719-755

Christopher Malloy

Wealth Destruction on a Massive Scale? A Study of Acquiring‐Firm Returns in the Recent Merger Wave pp. 757-782

Sara B. Moeller, Frederik Schlingemann and René Stulz

Lifting the Veil: An Analysis of Pre‐trade Transparency at the NYSE pp. 783-815

Ekkehart Boehmer, Gideon Saar and Lei Yu

Do Domestic Investors Have an Information Advantage? Evidence from Indonesia pp. 817-839

Tomáš Dvořák

Managers, Workers, and Corporate Control pp. 841-868

Marco Pagano and Paolo Volpin

Optimal Life‐Cycle Asset Allocation: Understanding the Empirical Evidence pp. 869-904

Francisco Gomes and Alexander Michaelides

Does Idiosyncratic Risk Really Matter? pp. 905-929

Turan G. Bali, Nusret Cakici, Xuemin (sterling) Yan and Zhe Zhang

Hedging or Market Timing? Selecting the Interest Rate Exposure of Corporate Debt pp. 931-962

Michael Faulkender

Can Managers Forecast Aggregate Market Returns? pp. 963-986

Alexander Butler, Gustavo Grullon and James P. Weston

Partial Privatization and Firm Performance pp. 987-1015

Nandini Gupta

Is Debt Relief Efficient? pp. 1017-1051

Serkan Arslanalp and Peter Henry

Volume 60, issue 1, 2005

Do Behavioral Biases Affect Prices? pp. 1-34

Joshua D. Coval and Tyler Shumway

Insider Trading Restrictions and Analysts' Incentives to Follow Firms pp. 35-66

Robert M. Bushman, Joseph D. Piotroski and Abbie J. Smith

The Value Premium pp. 67-103

Lu Zhang

Asset Sales, Investment Opportunities, and the Use of Proceeds pp. 105-135

Thomas W. Bates

Financial and Legal Constraints to Growth: Does Firm Size Matter? pp. 137-177

Thorsten Beck, Asli Demirgüç‐kunt and Vojislav Maksimovic

Does the Failure of the Expectations Hypothesis Matter for Long‐Term Investors? pp. 179-230

Antonios Sangvinatsos and Jessica A. Wachter

Distance, Lending Relationships, and Competition pp. 231-266

Hans Degryse and Steven Ongena

Local Does as Local Is: Information Content of the Geography of Individual Investors' Common Stock Investments pp. 267-306

Zoran Ivković and Scott Weisbenner

Financial Analyst Characteristics and Herding Behavior in Forecasting pp. 307-341

Michael B. Clement and Senyo Y. Tse

Monitoring and Controlling Bank Risk: Does Risky Debt Help? pp. 343-378

C. N. V. Krishnan, P. H. Ritchken and James Thomson

Asymmetric Price Movements and Borrowing Constraints: A Rational Expectations Equilibrium Model of Crises, Contagion, and Confusion pp. 379-411

Kathy Yuan

Trading Volume, Information Asymmetry, and Timing Information pp. 413-442

Joon Chae

The Role of IPO Underwriting Syndicates: Pricing, Information Production, and Underwriter Competition pp. 443-486

Shane A. Corwin and Paul Schultz

IPO Pricing in “Hot” Market Conditions: Who Leaves Money on the Table? pp. 487-521

Francois Derrien

Do Professional Traders Exhibit Myopic Loss Aversion? An Experimental Analysis pp. 523-534

Michael S. Haigh and John List