The Review of Financial Studies

1988 - 2025

Current editor(s): Itay Goldstein

From Society for Financial Studies
Oxford University Press, Journals Department, 2001 Evans Road, Cary, NC 27513 USA..
Contact information at EDIRC.
Bibliographic data for series maintained by Oxford University Press ().

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Volume 17, issue 4, 2004

Whence GARCH? A Preference-Based Explanation for Conditional Volatility pp. 915-949

Grant McQueen

Robust Portfolio Rules and Asset Pricing pp. 951-983

Pascal J. Maenhout

Public Trading and Private Incentives pp. 985-1014

Antoine Faure-Grimaud

Prospect Theory and Mean-Variance Analysis pp. 1015-1041

Haim Levy

Technical Analysis and Liquidity Provision pp. 1043-1071

Kenneth A. Kavajecz

Bank Competition and Credit Standards pp. 1073-1102

Martin Ruckes

A Theory of Corporate Capital Structure and Investment pp. 1103-1128

Miguel Cantillo

Why Does Book Building Drive Out Auction Methods of IPO Issuance? Evidence from Japan pp. 1129-1166

Kenji Kutsuna

The Value of Voting Rights to Majority Shareholders: Evidence from Dual-Class Stock Unifications pp. 1167-1184

Shmuel Hauser

Board Composition, Board Effectiveness, and the Observed Form of Takeover Bids pp. 1185-1215

Mary M. Bange

Volume 17, issue 3, 2004

Losing Money on Arbitrage: Optimal Dynamic Portfolio Choice in Markets with Arbitrage Opportunities pp. 611-641

Jun Liu

Adverse Selection and the Required Return pp. 643-665

Nicolae Gârleanu

Family Values and the Star Phenomenon: Strategies of Mutual Fund Families pp. 667-698

Vikram Nanda

Stock Return Predictability and Asset Pricing Models pp. 699-738

Doron Avramov

Capital Budgeting in Multidivision Firms: Information, Agency, and Incentives pp. 739-767

Antonio E. Bernardo

The Overseas Listing Decision: New Evidence of Proximity Preference pp. 769-809

Sergei Sarkissian

Are IPOs Really Underpriced? pp. 811-848

Amiyatosh Purnanandam

Underpricing and Market Power in Uniform Price Auctions pp. 849-877

Ilan Kremer

Wealth, Information Acquisition, and Portfolio Choice pp. 879-914

Joel Peress

Volume 17, issue 2, 2004

Strategic Trading, Liquidity, and Information Acquisition pp. 295-337

Haim Mendelson

Conditioning Information and Variance Bounds on Pricing Kernels pp. 339-378

Geert Bekaert

Evaluating an Alternative Risk Preference in Affine Term Structure Models pp. 379-404

Jefferson Duarte

Confronting Information Asymmetries: Evidence from Real Estate Markets pp. 405-437

Mark J. Garmaise

Advertising, Breadth of Ownership, and Liquidity pp. 439-461

Gustavo Grullon

On the Timing and Execution of Open Market Repurchases pp. 463-498

Douglas O. Cook

Structural Models of Corporate Bond Pricing: An Empirical Analysis pp. 499-544

Young Ho Eom

Multiple Unit Auctions and Short Squeezes pp. 545-580

Kjell Nyborg

Extreme Value Dependence in Financial Markets: Diagnostics, Models, and Financial Implications pp. 581-610

Ser-Huang Poon

Volume 17, issue 1, 2004

Valuation and Return Dynamics of New Ventures pp. 1-35

Jonathan B. Berk

What's In It for Me? CEOs Whose Firms Are Acquired pp. 37-61

Jay C. Hartzell

Risks and Portfolio Decisions Involving Hedge Funds pp. 63-98

Vikas Agarwal

Career Concerns and Resource Allocation in Conglomerates pp. 99-128

Anand Goel

The Emergence and Persistence of the Anglo-Saxon and German Financial Systems pp. 129-163

Sandeep Baliga

Institutional Herding pp. 165-206

Richard W. Sias

Options Trading and the CAPM pp. 207-238

Joel M. Vanden

Why the NPV Criterion does not Maximize NPV pp. 239-255

Elazar Berkovitch

Can Managerial Discretion Explain Observed Leverage Ratios? pp. 257-294

Erwan Morellec

Volume 16, issue 4, 2003

Informal Financial Networks: Theory and Evidence pp. 1007-1040

Mark J. Garmaise

Price Discovery and Trading After Hours pp. 1041-1073

Michael J. Barclay

Taxes and Corporate Finance: A Review pp. 1075-1129

John R. Graham

Real Flexibility and Financial Structure: An Empirical Analysis pp. 1131-1165

Peter MacKay

Cross-Subsidies, External Financing Constraints, and the Contribution of the Internal Capital Market to Firm Value pp. 1167-1201

Matthew T. Billett

Greener Pastures and the Impact of Dynamic Institutional Preferences pp. 1203-1238

James A. Bennett

Equilibrium Investment Strategies and Output Price Behavior: A Real-Options Approach pp. 1239-1272

Felipe L. Aguerrevere

Institutional Liquidity Needs and the Structure of Monitored Finance pp. 1273-1313

Andrew Winton

Raids, Rewards, and Reputations in the Market for Managerial Talent pp. 1315-1357

C. Edward Fee

The Design of Financial Policies in Corporate Spin-offs pp. 1359-1388

Vikas Mehrotra

Volume 16, issue 3, 2003

Term Structure Dynamics in Theory and Reality pp. 631-678

Qiang Dai and Kenneth Singleton

Fundamental Properties of Bond Prices in Models of the Short-Term Rate pp. 679-716

Antonio Mele

A New Approach to Measuring Financial Contagion pp. 717-763

Kee-Hong Bae, G. Karolyi and René M. Stulz

Financial Development and Financing Constraints: International Evidence from the Structural Investment Model pp. 765-791

Inessa Love

Nonlinear Mean Reversion in the Short-Term Interest Rate pp. 793-843

Christopher S. Jones

Return Distributions and Improved Tests of Asset Pricing Models pp. 845-874

Keith Vorkink

Statistical Arbitrage and Securities Prices pp. 875-919

Oleg Bondarenko

Information Technology and Financial Services Competition pp. 921-948

Robert Hauswald and Robert Marquez

Underwriter Certification and Japanese Seasoned Equity Issues pp. 949-982

John W. Cooney, Hideaki Kiyoshi Kato and James S. Schallheim

Incomplete Consumption Risk Sharing and Currency Risk Premiums pp. 983-1005

Sergei Sarkissian

Volume 16, issue 2, 2003

Liquidity-Based Competition for Order Flow pp. 301-343

Christine A. Parlour and Duane J. Seppi

Market Making with Costly Monitoring: An Analysis of the SOES Controversy pp. 345-384

Thierry Foucault, Ailsa Röell and Patrik Sandås

Order Preferencing and Market Quality on U.S. Equity Exchanges pp. 385-415

Mark A. Peterson and Erik R. Sirri

An Analysis of Covariance Risk and Pricing Anomalies pp. 417-457

Tobias J. Moskowitz

Risk Adjustment and Trading Strategies pp. 459-485

Dong-Hyun Ahn, Jennifer Conrad and Robert Dittmar

Differences of Opinion, Short-Sales Constraints, and Market Crashes pp. 487-525

Harrison Hong and Jeremy C. Stein

Delta-Hedged Gains and the Negative Market Volatility Risk Premium pp. 527-566

Gurdip Bakshi and Nikunj Kapadia

Stochastic Discount Factor Bounds with Conditioning Information pp. 567-595

Wayne Ferson and Andrew F. Siegel

Dynamic Equilibrium with Liquidity Constraints pp. 597-629

Jerome Detemple and Angel Serrat

Volume 16, issue 1, 2003

The Role of Lockups in Initial Public Offerings pp. 1-29

Alon Brav and Paul Gompers

Auctions vs. Bookbuilding and the Control of Underpricing in Hot IPO Markets pp. 31-61

Francois Derrien and Kent Womack

Global Integration in Primary Equity Markets: The Role of U.S. Banks and U.S. Investors pp. 63-99

Alexander Ljungqvist, Tim Jenkinson and William J. Wilhelm, Jr.

Stock Return Characteristics, Skew Laws, and the Differential Pricing of Individual Equity Options pp. 101-143

Gurdip Bakshi, Nikunj Kapadia and Dilip Madan

Employee Reload Options: Pricing, Hedging, and Optimal Exercise pp. 145-171

Philip Dybvig and Mark Loewenstein

Optimal Contracts in a Continuous-Time Delegated Portfolio Management Problem pp. 173-208

Hui Ou-Yang

Debt Maturity and the Effects of Growth Opportunities and Liquidity Risk on Leverage pp. 209-236

Shane Johnson

Managerial Compensation and the Market Reaction to Bank Loans pp. 237-261

Andres Almazan and Javier Suarez

The Role of Trading Halts in Monitoring a Specialist Market pp. 263-300

Roger Edelen and Simon Gervais