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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Editorial data pp. 499-499: Michael C. Jensen, John Long, G. William Schwert, Clifford Smith and ReneM. Stulz
An analysis of secured debt pp. 501-521: René Stulz and Herb Johnson
An empirical analysis of the interfirm equity investment process pp. 523-553: Wayne H. Mikkelson and Richard S. Ruback
Raiders or saviors? The evidence on six controversial investors pp. 555-555: Clifford G. Holderness and Dennis P. Sheehan

Editorial data pp. 325-325: Michael C. Jensen, John Long, G. William Schwert, Clifford Smith and René Stulz
Multivariate tests of the zero-beta CAPM pp. 327-348: Jay Shanken
A note on the geometry of Shanken's CSR T2 test for mean/variance efficiency pp. 349-357: Richard Roll
A Monte Carlo investigation of the accuracy of multivariate CAPM tests pp. 359-375: Christine Amsler and Peter Schmidt
Underpricing of seasoned issues pp. 377-397: John E. Parsons and Artur Raviv
Corporate capital expenditure decisions and the market value of the firm pp. 399-422: John J. McConnell and Chris J. Muscarella
An exploratory investigation of the firm size effect pp. 451-471: K. C. Chan, Nai-fu Chen and David A. Hsieh
Dividend yields and stock returns: Implications of abnormal January returns pp. 473-489: Donald Keim
Derived factors in event studies pp. 491-495: Stephen Brown and Mark I. Weinstein

Editorial data pp. 163-163: Michael C. Jensen, John Long, G. William Schwert, Clifford Smith and ReneM. Stulz
Stock price effects and costs of secondary distributions pp. 165-194: Wayne H. Mikkelson and M. Megan Partch
Incentive effects of stock purchase plans pp. 195-215: Sanjai Bhagat, James A. Brickley and Ronald C. Lease
Testing asset pricing models with changing expectations and an unobservable market portfolio pp. 217-236: Michael R. Gibbons and Wayne Ferson
Partially anticipated events: A model of stock price reactions with an application to corporate acquisitions pp. 237-250: Paul Malatesta and Rex Thompson
Volatility increases subsequent to stock splits: An empirical aberration pp. 251-266: James Ohlson and Stephen H. Penman
Direct evidence on the marginal rate of taxation on dividend income pp. 267-282: Pamela P. Peterson, David R. Peterson and James S. Ang
Trading and valuing depreciable assets pp. 283-308: Joseph T. Williams
The duration of option portfolios pp. 309-315: Mark B. Garman
Hedging options pp. 317-321: Nai-fu Chen and Herb Johnson

Editorial data pp. 1-1: Michael C. Jensen, John Long, G. William Schwert, Clifford Smith and ReneM. Stulz
Using daily stock returns: The case of event studies pp. 3-31: Stephen Brown and Jerold B. Warner
Managerial ownership of voting rights: A study of public corporations with dual classes of common stock pp. 33-69: Harry DeAngelo and Linda DeAngelo
Bid, ask and transaction prices in a specialist market with heterogeneously informed traders pp. 71-100: Lawrence R. Glosten and Paul Milgrom
Organizational forms and investment decisions pp. 101-119: Eugene F. Fama and Michael Jensen
The effect of value line investment survey rank changes on common stock prices pp. 121-143: Scott E. Stickel
Time preference and capital asset pricing models pp. 145-159: Yaacov Z. Bergman

Editorial data pp. 459-459: Michael C. Jensen, John Long, G. William Schwert, Clifford Smith and René Stulz
The valuation effects of stock splits and stock dividends pp. 461-490: Mark Grinblatt, Ronald Masulis and Sheridan Titman
`Open-ending' closed-end funds pp. 491-507: Greggory A. Brauer
The information in the term structure pp. 509-528: Eugene F. Fama
Term premiums in bond returns pp. 529-546: Eugene F. Fama
The weekend effect on the distribution of stock prices: Implications for option pricing pp. 547-559: Dan W. French
Risk and return: Janaury vs. the rest of the year pp. 561-574: Seha Tinic and Richard R. West
The likelihood ratio test statistic of mean-variance efficiency without a riskless asset pp. 575-592: Shmuel Kandel

Editorial data pp. 297-297: Michael C. Jensen, John Long, G. William Schwert, Clifford Smith and ReneM. Stulz
Optimal bond trading with personal taxes pp. 299-335: George Constantinides and Jonathan Ingersoll
Arbitrage pricing, transaction costs and taxation of capital gains: A study of government bonds with the same maturity date pp. 337-351: Robert H. Litzenberger and Jacques Rolfo
The quality option implicit in futures contracts pp. 353-370: Gerald D. Gay and Steven Manaster
Warrant exercise and bond conversion in competitive markets pp. 371-397: George Constantinides
A strategic analysis of sinking fund bonds pp. 399-423: Kenneth B. Dunn and Chester S. Spatt
Call options and the risk of underlying securities pp. 425-434: Ravi Jagannathan
Volume and turn-of-the-year behavior pp. 435-455: Josef Lakonishok and Seymour Smidt

Convertible debt issuance, capital structure change and financing-related information: Some new evidence pp. 157-186: Larry Y. Dann and Wayne H. Mikkelson
Corporate financing and investment decisions when firms have information that investors do not have pp. 187-221: Stewart C. Myers and Nicholas S. Majluf
Explaining investor preference for cash dividends pp. 253-282: Hersh M. Shefrin and Meir Statman
Differential information and the small firm effect pp. 283-294: Christopher B. Barry and Stephen Brown

Editorial data pp. 1-1: Michael C. Jensen, John Long, G. William Schwert, Clifford Smith and ReneM. Stulz
On interpreting security returns during the ex-dividend period pp. 3-34: Kenneth M. Eades, Patrick J. Hess and E. Han Kim
Optimal stock trading with personal taxes: Implications for prices and the abnormal January returns pp. 65-89: George Constantinides
Option arbitrage and strategy with large price changes pp. 91-113: E. Philip Jones
Investment incentives, debt, and warrants pp. 115-136: Richard Green
The effect of capital structure on a firm's liquidation decision pp. 137-151: Sheridan Titman