Publications

by members of

Department of Finance
Graduate School of Business
DePaul University
Chicago, Illinois (United States)

Working papers

2008

1. Rebel A. Cole & Hamid Mehran, 2008. "What can we learn from privately held firms about executive compensation?," Staff Reports 314, Federal Reserve Bank of New York. [Downloadable!]
2. Berkman, Henk & Cole, Rebel & Fu, Lawrence, 2008. "Political connections and minority-shareholder protection: Evidence from securities-market regulation in China," MPRA Paper 8087, University Library of Munich, Germany. [Downloadable!]
3. Cole, Rebel, 2008. "What do we know about the capital structure of privately held firms? Evidence from the Surveys of Small Business Finance," MPRA Paper 8086, University Library of Munich, Germany. [Downloadable!]

2007

1. Feldman, Barry, 2007. "A Theory of Attribution," MPRA Paper 3349, University Library of Munich, Germany, revised 29 May 2007. [Downloadable!]
2. Cole, Rebel & Moshirian, Fari & Wu, Qionbing, 2007. "Bank stock returns and economic growth," MPRA Paper 4714, University Library of Munich, Germany. [Downloadable!]
3. Cole, Rebel & Turk, Rima, 2007. "Legal origin, creditor protection and bank lending: Evidence from emerging markets," MPRA Paper 4713, University Library of Munich, Germany, revised 18 Mar 2008. [Downloadable!]
4. Cole, Rebel & Mehran, Hamid, 2007. "What can we learn from privately held firms about executive compensation?," MPRA Paper 4710, University Library of Munich, Germany. [Downloadable!]
5. Berkman, Henk & Cole, Rebel & Fu , Lawrence, 2007. "Improving corporate governance where the State is the controlling block holder: Evidence from China," MPRA Paper 8088, University Library of Munich, Germany. [Downloadable!]
6. Arkes, Hal & Hirshleifer, David & Jiang, Danling & Lim, Sonya, 2007. "A Cross-Cultural Study of Reference Point Adaptation: Evidence from the China, Korea, and the US," MPRA Paper 4009, University Library of Munich, Germany, revised 04 Aug 2008. [Downloadable!]

2006

1. Cole, Rebel & Fatemi, Ali & Vu, Joseph, 2006. "Do mergers create or destroy value? Evidence from unsuccessful mergers," MPRA Paper 4717, University Library of Munich, Germany. [Downloadable!]
2. Ravi Jagannathan & Ann E. Sherman, 2006. "Why Do IPO Auctions Fail?," NBER Working Papers 12151, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
3. Hirshleifer, David & Lim, Sonya Seongyeon & Teoh, Siew Hong, 2006. "Driven to distraction: Extraneous events and underreaction to earnings news," MPRA Paper 3110, University Library of Munich, Germany, revised 16 Apr 2007. [Downloadable!]
4. Arkes, Hal & Hirshleifer, David & Jiang, Danling & Lim, Sonya, 2006. "Reference Point Adaptation: Tests in the Domain of Security Trading," MPRA Paper 4259, University Library of Munich, Germany. [Downloadable!]

2005

1. Barry Feldman, 2005. "Lost in Translation? Basis Utility and Proportionality in Games," Game Theory and Information 0507001, EconWPA, revised 06 Jul 2005. [Downloadable!]

2004

1. Anand Mohan Goel & Anjan V. Thakor, 2004. "Why Do Firms Smooth Earnings?," Finance 0411021, EconWPA. [Downloadable!]
2. David Hirshleifer & SONYA SEONGYEON LIM & Siew Hong Teoh, 2004. "Disclosure to an Audience with Limited Attention," Game Theory and Information 0412002, EconWPA. [Downloadable!]
3. Hirshleifer, David & Lim, Sonya S. & Teoh, Siew Hong, 2004. "Disclosure to a Credulous Audience: The Role of Limited Attention," MPRA Paper 5198, University Library of Munich, Germany. [Downloadable!]

2002

1. Barry Feldman, 2002. "A Dual Model of Cooperative Value," Game Theory and Information 0207001, EconWPA. [Downloadable!]
2. Barry Feldman, 2002. "A Dual Model of Cooperative Value," Grand Coalition 8, Grand Coalition Web Site. [Downloadable!]

2000

1. Barry Feldman, 2000. "The Proportional Value of a Cooperative Game," Econometric Society World Congress 2000 Contributed Papers 1140, Econometric Society. [Downloadable!]
2. Ann E. Sherman & Sheridan Titman, 2000. "Building the IPO Order Book: Underpricing and Participation Limits With Costly Information," NBER Working Papers 7786, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)

1999

1. Cole, Rebel, 1999. "Availability of credit to small and minority-owned businesses: Evidence from the 1993 National Survey of Small Business Finances," MPRA Paper 4715, University Library of Munich, Germany. [Downloadable!]

1998

1. Cole, Rebel & Walraven, Nick, 1998. "Banking consolidation and the availability of credit to small businesses," MPRA Paper 4716, University Library of Munich, Germany. [Downloadable!]

1997

1. Rebel A. Cole & Lawrence G. Goldberg & Lawrence J. White, 1997. "Cookie-Cutter versus Character: The Micro Structure of Small Business Lending by Large and Small Banks," New York University, Leonard N. Stern School Finance Department Working Paper Seires 98-022, New York University, Leonard N. Stern School of Business-.

1996

1. Robert A. Eisenbeis & Paul M. Horvitz & Rebel A. Cole, 1996. "Commercial banks and real estate lending: the Texas experience," Finance and Economics Discussion Series 96-15, Board of Governors of the Federal Reserve System (U.S.). [Downloadable!]
2. Vijay Bhasin & Rebel A. Cole & Joseph K. Kiely, 1996. "Changes in REIT liquidity 1990-94: evidence from intra-day transactions," Finance and Economics Discussion Series 96-22, Board of Governors of the Federal Reserve System (U.S.). [Downloadable!]
3. Rebel A. Cole & Hamid Mehran, 1996. "The effect of changes in ownership structure on performance: evidence from the thrift industry," Finance and Economics Discussion Series 96-6, Board of Governors of the Federal Reserve System (U.S.). [Downloadable!]

1995

1. Rebel A. Cole & Robert A. Eisenbeis, 1995. "The role of principal agent-conflicts in the 1980s thrift crisis," Finance and Economics Discussion Series 95-27, Board of Governors of the Federal Reserve System (U.S.).

1993

1. Rebel A. Cole & Jeffery W. Gunther, 1993. "Separating the likelihood and timing of bank failure," Financial Industry Studies Working Paper 93-2, Federal Reserve Bank of Dallas.
2. Rebel A. Cole & Robert A. Eisenbeis & Joseph A. McKenzie, 1993. "Asymmetric-information and principal-agent problems as sources of value in FSLIC-assisted acquisitions of insolvent thrifts," Finance and Economics Discussion Series 93-35, Board of Governors of the Federal Reserve System (U.S.).
3. Rebel A. Cole & Joseph A. McKenzie, 1993. "Thrift asset-class returns and the efficient diversification of thrift institution portfolios," Finance and Economics Discussion Series 93-34, Board of Governors of the Federal Reserve System (U.S.).
4. Rebel A. Cole & Jeffery W. Gunther, 1993. "Separating the likelihood and timing of bank failure," Finance and Economics Discussion Series 93-20, Board of Governors of the Federal Reserve System (U.S.).
5. Rebel A. Cole, 1993. "When are thrifts closed? An agency-theoretic model," Finance and Economics Discussion Series 93-37, Board of Governors of the Federal Reserve System (U.S.).

1990

1. Rebel A. Cole, 1990. "Agency conflicts and thrift resolution costs," Financial Industry Studies Working Paper 90-3, Federal Reserve Bank of Dallas.
2. Richard A. Brown & Joseph A. McKenzie & Rebel A. Cole, 1990. "Going beyond traditional mortgages: the portfolio performance of thrifts," Financial Industry Studies Working Paper 90-1, Federal Reserve Bank of Dallas.
3. Rebel A. Cole & Joseph A. McKenzie & Lawrence J. White, 1990. "The causes and costs of thrift institution failures: a structure- behavior-outcomes approach," Financial Industry Studies Working Paper 90-5, Federal Reserve Bank of Dallas.
4. Rebel A. Cole, 1990. "Insolvency versus closure: why the regulatory delay in closing troubled thrifts?," Financial Industry Studies Working Paper 90-2, Federal Reserve Bank of Dallas.

1989

1. Rebel A. Cole & Robert A. Eisenbeis & Joseph A. McKenzie, 1989. "Excess returns and sources of value in FSLIC-assisted acquisitions of troubled thrifts," Financial Industry Studies Working Paper 89-1, Federal Reserve Bank of Dallas.

Journal articles

2008

1. Cole, Rebel A. & Moshirian, Fariborz & Wu, Qiongbing, 2008. "Bank stock returns and economic growth," Journal of Banking & Finance, Elsevier, vol. 32(6), pages 995-1007, June. [Downloadable!] (restricted)
2. Arkes, Hal R. & Hirshleifer, David & Jiang, Danling & Lim, Sonya, 2008. "Reference point adaptation: Tests in the domain of security trading," Organizational Behavior and Human Decision Processes, Elsevier, vol. 105(1), pages 67-81, January. [Downloadable!] (restricted)

2007

1. Lim, Sonya Seongyeon & Wang, Heli, 2007. "The effect of financial hedging on the incentives for corporate diversification: The role of stakeholder firm-specific investments," Journal of Economic Behavior & Organization, Elsevier, vol. 62(4), pages 640-656, April. [Downloadable!] (restricted)

2006

1. Sonya Seongyeon Lim, 2006. "Do Investors Integrate Losses and Segregate Gains? Mental Accounting and Investor Trading Decisions," Journal of Business, University of Chicago Press, vol. 79(5), pages 2539-2574, September. [Downloadable!]

2005

1. Anand M. Goel & Anjan V. Thakor, 2005. "Green with Envy: Implications for Corporate Investment Distortions," Journal of Business, University of Chicago Press, vol. 78(6), pages 2255-2288, November. [Downloadable!]
2. Sherman, Ann E., 2005. "Global trends in IPO methods: Book building versus auctions with endogenous entry," Journal of Financial Economics, Elsevier, vol. 78(3), pages 615-649, December. [Downloadable!] (restricted)

2004

1. Anand Mohan Goel, 2004. "Career Concerns and Resource Allocation in Conglomerates," Review of Financial Studies, Oxford University Press for Society for Financial Studies, vol. 17(1), pages 99-128. [Downloadable!] (restricted)

2003

1. James Ang & Beni Lauterbach & Joseph Vu, 2003. "Efficient Labor and Capital Markets: Evidence from CEO Appointments," Financial Management, Financial Management Association, vol. 32(2), Summer.
2. Anand Mohan Goel, 2003. "Why Do Firms Smooth Earnings?," Journal of Business, University of Chicago Press, vol. 76(1), pages 151-192, January. [Downloadable!]

2002

1. Sherman, Ann E. & Titman, Sheridan, 2002. "Building the IPO order book: underpricing and participation limits with costly information," Journal of Financial Economics, Elsevier, vol. 65(1), pages 3-29, July. [Downloadable!] (restricted)

2000

1. James S. Ang & Rebel A. Cole & James Wuh Lin, 2000. "Agency Costs and Ownership Structure," Journal of Finance, American Finance Association, vol. 55(1), pages 81-106, 02. [Downloadable!] (restricted)
2. Chakravarty, Nilotpal & Goel, Anand Mohan & Sastry, Trilochan, 2000. "Easy weighted majority games," Mathematical Social Sciences, Elsevier, vol. 40(2), pages 227-235, September. [Downloadable!] (restricted)
3. Sherman, Ann E, 2000. "IPOs and Long-Term Relationships: An Advantage of Book Building," Review of Financial Studies, Oxford University Press for Society for Financial Studies, vol. 13(3), pages 697-714.

1999

1. Rebel A. Cole & Lawrence G. Goldberg & Lawrence J. White, 1999. "Cookie-cutter versus character: the micro structure of small business lending by large and small banks," Proceedings, Federal Reserve Bank of Chicago, issue Mar, pages 362-389. [Downloadable!]
2. Ann E. Sherman, 1999. "Underwriter Certification and the Effect of Shelf Registration on Due Diligence," Financial Management, Financial Management Association, vol. 28(1), Spring.

1998

1. Vu, Joseph D, 1998. "The Effect of Junk Bond Defaults on Common Stock Returns," The Financial Review, Eastern Finance Association, vol. 33(4), pages 47-60, November.
2. Cole, Rebel A., 1998. "The importance of relationships to the availability of credit," Journal of Banking & Finance, Elsevier, vol. 22(6-8), pages 959-977, August. [Downloadable!] (restricted)
3. A. Cole, Rebel & Mehran, Hamid, 1998. "The effect of changes in ownership structure on performance: Evidence from the thrift industry1," Journal of Financial Economics, Elsevier, vol. 50(3), pages 291-317, December. [Downloadable!] (restricted)
4. Rebel Cole & Jeffery Gunther, 1998. "Predicting Bank Failures: A Comparison of On- and Off-Site Monitoring Systems," Journal of Financial Services Research, Springer, vol. 13(2), pages 103-117, April. [Downloadable!] (restricted)

1996

1. Rebel A. Cole & Hamid Mehran, 1996. "The effect of changes in ownership structure on performance of public companies," Proceedings, Federal Reserve Bank of Chicago, issue May, pages 116-138.
2. Eisenbeis, Robert A & Horvitz, Paul M & Cole, Rebel A, 1996. "Commercial Banks and Real Estate Lending: The Texas Experience," Journal of Regulatory Economics, Springer, vol. 10(3), pages 275-90, November.
3. Rebel A. Cole & John D. Wolken & R. Louise Woodburn, 1996. "Bank and nonbank competition for small business credit: evidence from the 1987 and 1993 national surveys of small business finances," Federal Reserve Bulletin, Board of Governors of the Federal Reserve System (U.S.), issue Nov, pages 983-995.
4. Chowdhry, Bhagwan & Sherman, Ann, 1996. "International differences in oversubscription and underpricing of IPOs," Journal of Corporate Finance, Elsevier, vol. 2(4), pages 359-381, July. [Downloadable!] (restricted)
5. Chowdhry, Bhagwan & Sherman, Ann, 1996. "The winner's curse and international methods of allocating initial public offerings," Pacific-Basin Finance Journal, Elsevier, vol. 4(1), pages 15-30, May. [Downloadable!] (restricted)

1995

1. Cole, Rebel A. & Gunther, Jeffery W., 1995. "Separating the likelihood and timing of bank failure," Journal of Banking & Finance, Elsevier, vol. 19(6), pages 1073-1089, September. [Downloadable!] (restricted)
2. Rebel A. Cole & John D. Wolken, 1995. "Financial services used by small businesses: evidence from the 1993 National Survey of Small Business Finances," Federal Reserve Bulletin, Board of Governors of the Federal Reserve System (U.S.), issue Jul, pages 629-667.
3. Rebel A. Cole & Jeffery W. Gunther, 1995. "FIMS: a new monitoring system for banking institutions," Federal Reserve Bulletin, Board of Governors of the Federal Reserve System (U.S.), issue Jan, pages 1-15.

1994

1. Fenn, George W. & Cole, Rebel A., 1994. "Announcements of asset-quality problems and contagion effects in the life insurance industry," Journal of Financial Economics, Elsevier, vol. 35(2), pages 181-198, April. [Downloadable!] (restricted)

1992

1. George Fenn, 1992. "Announcements of asset-quality problems and stock returns: the case of life insurance companies," Proceedings, Federal Reserve Bank of Chicago, pages 818-842.
2. Sherman, Ann Guenther, 1992. " The Pricing of Best Efforts New Issues," Journal of Finance, American Finance Association, vol. 47(2), pages 781-90, June. [Downloadable!] (restricted)

1991

1. Rebel A. Cole & Hamid Mehran, 1991. "Executive compensation and corporate performance: evidence from thrift institutions," Proceedings, Federal Reserve Bank of Chicago, pages 227-247.

1989

1. Rebel A. Cole & Robert A. Eisenbeis, 1989. "Value creation and excess returns in FSLIC-assisted acquisitions of troubled thrifts," Proceedings, Federal Reserve Bank of Chicago, pages 457-476.

1988

1. Vu, Joseph D, 1988. "An Empirical Analysis of Ben Graham's Net Current Asset Value Rule," The Financial Review, Eastern Finance Association, vol. 23(2), pages 215-25, May.

1986

1. Vu, Joseph D., 1986. "An empirical investigation of calls of non-convertible bonds," Journal of Financial Economics, Elsevier, vol. 16(2), pages 235-265, June. [Downloadable!] (restricted)

This page was last updated on 2008-10-1.