Journal of Financial Economics

1974 - 2025

Current editor(s): G. William Schwert

From Elsevier
Bibliographic data for series maintained by Catherine Liu ().

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Volume 96, issue 3, 2010

Going public to acquire? The acquisition motive in IPOs pp. 345-363

Ugur Celikyurt, Merih Sevilir and Anil Shivdasani

Average correlation and stock market returns pp. 364-380

Joshua M. Pollet and Mungo Wilson

Risk and CEO turnover pp. 381-398

Robert Bushman, Zhonglan Dai and Xue Wang

Profiting from government stakes in a command economy: Evidence from Chinese asset sales pp. 399-412

Charles Calomiris, Raymond Fisman and Yongxiang Wang

Trade credit, collateral liquidation, and borrowing constraints pp. 413-432

Daniela Fabbri and Anna Maria Menichini

Dynamic asset allocation with stochastic income and interest rates pp. 433-462

Claus Munk and Carsten Sørensen

Uncertainty about average profitability and the diversification discount pp. 463-484

John Hund, Donald Monk and Sheri Tice

Creditor rights, information sharing, and bank risk taking pp. 485-512

Joel F. Houston, Chen Lin, Ping Lin and Yue Ma

CFOs and CEOs: Who have the most influence on earnings management? pp. 513-526

John Jiang, Kathy R. Petroni and Isabel Yanyan Wang

Volume 96, issue 2, 2010

A skeptical appraisal of asset pricing tests pp. 175-194

Jonathan Lewellen, Stefan Nagel and Jay Shanken

When are outside directors effective? pp. 195-214

Ran Duchin, John Matsusaka and Oguzhan Ozbas

Liquidity biases in asset pricing tests pp. 215-237

Elena Asparouhova, Hendrik Bessembinder and Ivalina Kalcheva

The performance of emerging hedge funds and managers pp. 238-256

Rajesh Aggarwal and Philippe Jorion

Inside the black box: The role and composition of compensation peer groups pp. 257-270

Michael Faulkender and Jun Yang

Detecting jumps from Lévy jump diffusion processes pp. 271-290

Suzanne S. Lee and Jan Hannig

The Sarbanes-Oxley act and corporate investment: A structural assessment pp. 291-305

Qiang Kang, Qiao Liu and Rong Qi

The role of private equity group reputation in LBO financing pp. 306-330

Cem Demiroglu and Christopher James

Limited participation and consumption-saving puzzles: A simple explanation and the role of insurance pp. 331-344

Todd Gormley, Hong Liu and Guofu Zhou

Volume 96, issue 1, 2010

O/S: The relative trading activity in options and stock pp. 1-17

Richard Roll, Eduardo Schwartz and Avanidhar Subrahmanyam

Performance persistence in entrepreneurship pp. 18-32

Paul Gompers, Anna Kovner, Josh Lerner and David Scharfstein

Quantifying private benefits of control from a structural model of block trades pp. 33-55

Rui Albuquerque and Enrique Schroth

A resolution of the distress risk and leverage puzzles in the cross section of stock returns pp. 56-79

Thomas J. George and Chuan-Yang Hwang

The good news in short interest pp. 80-97

Ekkehart Boehmer, Zsuzsa R. Huszar and Bradford Jordan

Institutional investors, intangible information, and the book-to-market effect pp. 98-126

Hao Jiang

The effect of state antitakeover laws on the firm's bondholders pp. 127-154

Bill B. Francis, Iftekhar Hasan, Kose John and Maya Waisman

How does law affect finance? An examination of equity tunneling in Bulgaria pp. 155-173

Vladimir Atanasov, Bernard Black, Conrad Ciccotello and Stanley Gyoshev

Volume 95, issue 3, 2010

Seasoned equity offerings, market timing, and the corporate lifecycle pp. 275-295

Harry DeAngelo, Linda DeAngelo and René Stulz

Bailouts, the incentive to manage risk, and financial crises pp. 296-311

Stavros Panageas

Does corporate governance matter in competitive industries? pp. 312-331

Xavier Giroud and Holger M. Mueller

The pecking order, debt capacity, and information asymmetry pp. 332-355

Mark T. Leary and Michael Roberts

Institutional monitoring through shareholder litigation pp. 356-383

C.S. Agnes Cheng, Henry He Huang, Yinghua Li and Gerald Lobo

Renegotiation of cash flow rights in the sale of VC-backed firms pp. 384-399

Brian Broughman and Jesse Fried

When should firms share credit with employees? Evidence from anonymously managed mutual funds pp. 400-424

Massimo Massa, Jonathan Reuter and Eric Zitzewitz

Ownership concentration, foreign shareholding, audit quality, and stock price synchronicity: Evidence from China pp. 425-442

Ferdinand Gul, Jeong-Bon Kim and Annie A. Qiu

Volume 95, issue 2, 2010

Escape from New York: The market impact of loosening disclosure requirements pp. 129-147

Nuno Fernandes, Ugur Lel and Darius P. Miller

Resolving the exposure puzzle: The many facets of exchange rate exposure pp. 148-173

Söhnke Bartram, Gregory W. Brown and Bernadette A. Minton

Sentiment and stock prices: The case of aviation disasters pp. 174-201

Guy Kaplanski and Haim Levy

Political rights and the cost of debt pp. 202-226

Yaxuan Qi, Lukas Roth and John K. Wald

Reduced-form valuation of callable corporate bonds: Theory and evidence pp. 227-248

Robert Jarrow, Haitao Li, Sheen Liu and Chunchi Wu

Capital structure decisions: Evidence from deregulated industries pp. 249-274

Alexei Ovtchinnikov

Volume 95, issue 1, 2010

Activist arbitrage: A study of open-ending attempts of closed-end funds pp. 1-19

Michael Bradley, Alon Brav, Itay Goldstein and Wei Jiang

First-passage probability, jump models, and intra-horizon risk pp. 20-40

Gurdip Bakshi and George Panayotov

Are family firms more tax aggressive than non-family firms? pp. 41-61

Shuping Chen, Xia Chen, Qiang Cheng and Terry Shevlin

Asset liquidity and financial contracts: Evidence from aircraft leases pp. 62-84

Alessandro Gavazza

Informed trading before analyst downgrades: Evidence from short sellers pp. 85-106

Stephen E. Christophe, Michael G. Ferri and Jim Hsieh

Market liquidity, asset prices, and welfare pp. 107-127

Jennifer Huang and Jiang Wang

Volume 94, issue 3, 2009

Options trading activity and firm valuation pp. 345-360

Richard Roll, Eduardo Schwartz and Avanidhar Subrahmanyam

Hidden liquidity: An analysis of order exposure strategies in electronic stock markets pp. 361-383

Hendrik Bessembinder, Marios Panayides and Kumar Venkataraman

The role of institutional investors in seasoned equity offerings pp. 384-411

Thomas Chemmanur, Shan He and Gang Hu

Predatory mortgage lending pp. 412-427

Philip Bond, David K. Musto and Bilge Yilmaz

Risk sharing, finance, and institutions in international portfolios pp. 428-447

Marcel Fratzscher and Jean Imbs

Cashflow risk, systematic earnings revisions, and the cross-section of stock returns pp. 448-468

Zhi Da and Mitchell Craig Warachka

Institutional industry herding pp. 469-491

Nicole Choi and Richard W. Sias

Hedging and competition pp. 492-507

Tingjun Liu and Christine A. Parlour

Volume 94, issue 2, 2009

Option markets and implied volatility: Past versus present pp. 171-191

Scott Mixon

What drives volatility persistence in the foreign exchange market? pp. 192-213

David Berger, Alain Chaboud and Erik Hjalmarsson

Global market integration: An alternative measure and its application pp. 214-232

Kuntara Pukthuanthong and Richard Roll

The impact of risk and uncertainty on expected returns pp. 233-263

Evan Anderson, Eric Ghysels and Jennifer L. Juergens

Technological innovations and aggregate risk premiums pp. 264-279

Po-Hsuan Hsu

CEO pay and the Lake Wobegon Effect pp. 280-290

Rachel M. Hayes and Scott Schaefer

Women in the boardroom and their impact on governance and performance pp. 291-309

Renee Adams and Daniel Ferreira

Cross-section of option returns and volatility pp. 310-326

Amit Goyal and Alessio Saretto

Subsidiary debt, capital structure and internal capital markets pp. 327-343

Adam C. Kolasinski

Volume 94, issue 1, 2009

Share issuance and cross-sectional returns: International evidence pp. 1-17

R. David McLean, Jeffrey Pontiff and Akiko Watanabe

Global private information in international equity markets pp. 18-46

Rui Albuquerque, Gregory Bauer and Martin Schneider

Can interest rate volatility be extracted from the cross section of bond yields? pp. 47-66

Pierre Collin-Dufresne, Robert S. Goldstein and Christopher S. Jones

Opaque financial reports, R2, and crash risk pp. 67-86

Amy P. Hutton, Alan Marcus and Hassan Tehranian

Predictability and the earnings-returns relation pp. 87-106

Gil Sadka and Ronnie Sadka

Deductio' ad absurdum: CEOs donating their own stock to their own family foundations pp. 107-123

David Yermack

Democratizing entry: Banking deregulations, financing constraints, and entrepreneurship pp. 124-149

William Kerr and Ramana Nanda

Stock market liquidity and firm value pp. 150-169

Vivian W. Fang, Thomas Noe and Sheri Tice