Content
October 2007, Volume 62, Issue 5
- 2475-2502 Exchange Rates and Cash Flows in Differentiated Product Industries: A Simulation Approach
by Richard Friberg & Mattias Ganslandt - 2503-2520 Momentum and Credit Rating
by Doron Avramov & Tarun Chordia & Gergana Jostova & Alexander Philipov - 2521-2552 Price Convexity and Skewness
by Jianguo Xu
August 2007, Volume 62, Issue 4
- 1529-1550 Presidential Address: Issuers, Underwriter Syndicates, and Aftermarket Transparency
by Richard C. Green - 1551-1588 Pay Me Later: Inside Debt and Its Role in Managerial Compensation
by Rangarajan K. Sundaram & David L. Yermack - 1589-1621 Working Orders in Limit Order Markets and Floor Exchanges
by Kerry Back & Shmuel Baruch - 1623-1661 Lazy Investors, Discretionary Consumption, and the Cross‐Section of Stock Returns
by Ravi Jagannathan & Yong Wang - 1663-1703 Equilibrium Exhaustible Resource Price Dynamics
by Murray Carlson & Zeigham Khokher & Sheridan Titman - 1705-1745 How Costly Is External Financing? Evidence from a Structural Estimation
by Christopher A. Hennessy & Toni M. Whited - 1747-1787 Do Tests of Capital Structure Theory Mean What They Say?
by Ilya A. Strebulaev - 1789-1825 Corporate Governance and Firm Value: The Impact of the 2002 Governance Rules
by Vidhi Chhaochharia & Yaniv Grinstein - 1827-1850 The Takeover Deterrent Effect of Open Market Share Repurchases
by Matthew T. Billett & Hui Xue - 1851-1889 Corporate Governance and Acquirer Returns
by Ronald W. Masulis & Cong Wang & Fei Xie - 1891-1933 Incentive Effects of Stock and Option Holdings of Target and Acquirer CEOs
by Jie Cai & Anand M. Vijh - 1935-1965 Executive Financial Incentives and Payout Policy: Firm Responses to the 2003 Dividend Tax Cut
by Jeffrey R. Brown & Nellie Liang & Scott Weisbenner - 1967-1998 Sports Sentiment and Stock Returns
by Alex Edmans & Diego García & Øyvind Norli - 1999-2040 Rational Inattention and Portfolio Selection
by Lixin Huang & Hong Liu - 2041-2052 Report of the Editor of The Journal of Finance for the Year 2006
by Campbell R. Harvey - 2055-2056 Report of the Executive Secretary and Treasurer for the Year Ending September 30, 2006
by David H. Pyle
June 2007, Volume 62, Issue 3
- 995-1028 Why Do Firms Become Widely Held? An Analysis of the Dynamics of Corporate Ownership
by Jean Helwege & Christo Pirinsky & René M. Stulz - 1029-1079 Efficiency and the Bear: Short Sales and Markets Around the World
by Arturo Bris & William N. Goetzmann & Ning Zhu - 1081-1137 Global Growth Opportunities and Market Integration
by Geert Bekaert & Campbell R. Harvey & Christian Lundblad & Stephan Siegel - 1139-1168 Giving Content to Investor Sentiment: The Role of Media in the Stock Market
by Paul C. Tetlock - 1169-1206 The Underwriter Persistence Phenomenon
by Gerard Hoberg - 1207-1242 Simple Forecasts and Paradigm Shifts
by Harrison Hong & Jeremy C. Stein & Jialin Yu - 1243-1271 Reputation Effects in Trading on the New York Stock Exchange
by Robert Battalio & Andrew Ellul & Robert Jennings - 1273-1311 Participation Costs and the Sensitivity of Fund Flows to Past Performance
by Jennifer Huang & Kelsey D. Wei & Hong Yan - 1313-1340 Financial Speculators' Underperformance: Learning, Self‐Selection, and Endogenous Liquidity
by Reza Mahani & Dan Bernhardt - 1341-1377 Optimal Debt and Equity Values in the Presence of Chapter 7 and Chapter 11
by Mark Broadie & Mikhail Chernov & Suresh Sundaresan - 1379-1419 The Value of Corporate Risk Management
by Peter Mackay & Sara B. Moeller - 1421-1451 Corporate Bond Market Transaction Costs and Transparency
by Amy K. Edwards & Lawrence E. Harris & Michael S. Piwowar - 1453-1490 Model Specification and Risk Premia: Evidence from Futures Options
by Mark Broadie & Mikhail Chernov & Michael Johannes - 1491-1524 Stochastic Volatilities and Correlations of Bond Yields
by Bing Han
April 2007, Volume 62, Issue 2
- 485-528 Fund Manager Use of Public Information: New Evidence on Managerial Skills
by Marcin Kacperczyk & Amit Seru - 529-556 Managerial Ability, Compensation, and the Closed‐End Fund Discount
by Jonathan B. Berk & Richard Stanton - 557-595 Limits of Arbitrage: Theory and Evidence from the Mortgage‐Backed Securities Market
by Xavier Gabaix & Arvind Krishnamurthy & Olivier Vigneron - 597-628 Banking Deregulation and Industry Structure: Evidence from the French Banking Reforms of 1985
by Marianne Bertrand & Antoinette Schoar & David Thesmar - 629-668 Information Asymmetry and Financing Arrangements: Evidence from Syndicated Loans
by Amir Sufi - 669-695 Winners or Losers? The Effects of Banking Consolidation on Corporate Borrowers
by Emilia Bonaccorsi Di Patti & Giorgio Gobbi - 697-730 Growth Opportunities and the Choice of Leverage, Debt Maturity, and Covenants
by Matthew T. Billett & Tao‐Hsien Dolly King & David C. Mauer - 731-764 Smart Institutions, Foolish Choices: The Limited Partner Performance Puzzle
by Josh Lerner & Antoinette Schoar & Wan Wongsunwai - 765-807 Financial Synergies and the Optimal Scope of the Firm: Implications for Mergers, Spinoffs, and Structured Finance
by Hayne E. Leland - 809-845 A Theory of Takeovers and Disinvestment
by Bart M. Lambrecht & Stewart C. Myers - 847-875 How Are Firms Sold?
by Audra L. Boone & J. Harold Mulherin - 877-915 On the Importance of Measuring Payout Yield: Implications for Empirical Asset Pricing
by Jacob Boudoukh & Roni Michaely & Matthew Richardson & Michael R. Roberts - 917-949 Decoupling CEO Wealth and Firm Performance: The Case of Acquiring CEOs
by Jarrad Harford & Kai Li - 951-989 Corporate Governance, Idiosyncratic Risk, and Information Flow
by Miguel A. Ferreira & Paul A. Laux
February 2007, Volume 62, Issue 1
- 1-54 Why Do Firms Issue Equity?
by Amy Dittmar & Anjan Thakor - 55-92 Why Is Long‐Horizon Equity Less Risky? A Duration‐Based Explanation of the Value Premium
by Martin Lettau & Jessica A. Wachter - 93-117 Common Failings: How Corporate Defaults Are Correlated
by Sanjiv R. Das & Darrell Duffie & Nikunj Kapadia & Leandro Saita - 119-149 Corporate Yield Spreads and Bond Liquidity
by Long Chen & David A. Lesmond & Jason Wei - 151-180 Information Cascades: Evidence from a Field Experiment with Financial Market Professionals
by Jonathan E. Alevy & Michael S. Haigh & John A. List - 181-216 Learning by Observing: Information Spillovers in the Execution and Valuation of Commercial Bank M&As
by Gayle Delong & Robert Deyoung - 217-250 A Theory of Friendly Boards
by Renée B. Adams & Daniel Ferreira - 251-301 Whom You Know Matters: Venture Capital Networks and Investment Performance
by Yael V. Hochberg & Alexander Ljungqvist & Yang Lu - 303-343 Lower Salaries and No Options? On the Optimal Structure of Executive Pay
by Ingolf Dittmann & Ernst Maug - 345-382 Interest Rate Caps “Smile” Too! But Can the LIBOR Market Models Capture the Smile?
by Robert Jarrow & Haitao Li & Feng Zhao - 383-410 The Impact of Collateralization on Swap Rates
by Michael Johannes & Suresh Sundaresan - 411-445 The Value of Embedded Real Options: Evidence from Consumer Automobile Lease Contracts
by Carmelo Giaccotto & Gerson M. Goldberg & Shantaram P. Hegde - 447-479 The Initial Public Offerings of Listed Firms
by François Derrien & Ambrus Kecskés
December 2006, Volume 61, Issue 6
- 2551-2595 Can Mutual Fund “Stars” Really Pick Stocks? New Evidence from a Bootstrap Analysis
by Robert Kosowski & Allan Timmermann & Russ Wermers & Hal White - 2597-2635 Political Connections and Corporate Bailouts
by MARA FACCIO & RONALD W. MASULIS & JOHN J. McCONNELL - 2637-2680 A Theory of Pyramidal Ownership and Family Business Groups
by Heitor V. Almeida & Daniel Wolfenzon - 2681-2724 Optimal Security Design and Dynamic Capital Structure in a Continuous‐Time Agency Model
by PETER M. DeMARZO & YULIY SANNIKOV - 2725-2751 Does the Contribution of Corporate Cash Holdings and Dividends to Firm Value Depend on Governance? A Cross‐country Analysis
by Lee Pinkowitz & René Stulz & Rohan Williamson - 2753-2804 Estimating the Gains from Trade in Limit‐Order Markets
by Burton Hollifield & Robert A. Miller & Patrik Sandås & Joshua Slive - 2805-2840 Trading Volume: Implications of an Intertemporal Capital Asset Pricing Model
by Andrew W. Lo & Jiang Wang - 2841-2897 Model Uncertainty and Option Markets with Heterogeneous Beliefs
by Andrea Buraschi & Alexei Jiltsov - 2899-2930 Information, Trading, and Volatility: Evidence from Weather‐Sensitive Markets
by Jeff Fleming & Chris Kirby & Barbara Ostdiek - 2931-2973 Insider Trading, News Releases, and Ownership Concentration
by Jana P. Fidrmuc & Marc Goergen & Luc Renneboog - 2975-3007 When Financial Institutions Are Large Shareholders: The Role of Macro Corporate Governance Environments
by Donghui Li & Fariborz Moshirian & Peter Kien Pham & Jason Zein - 3009-3048 Analyst Coverage and Financing Decisions
by Xin Chang & Sudipto Dasgupta & Gilles Hilary - 3049-3067 Tax‐Loss Selling and the January Effect: Evidence from Municipal Bond Closed‐End Funds
by Laura T. Starks & Li Yong & Lu Zheng - 3069-3098 Derivative Pricing 60 Years before Black–Scholes: Evidence from the Johannesburg Stock Exchange
by Lyndon Moore & Steve Juh
October 2006, Volume 61, Issue 5
- 2071-2102 Options and the Bubble
by Robert Battalio & Paul Schultz - 2103-2135 The Evolution of Security Designs
by Thomas H. Noe & Michael J. Rebello & Jun Wang - 2137-2162 Informed Lending and Security Design
by Roman Inderst & Holger M. Mueller - 2163-2185 The Value Premium and the CAPM
by Eugene F. Fama & Kenneth R. French - 2187-2217 Dynamic Portfolio Selection by Augmenting the Asset Space
by Michael W. Brandt & Pedro Santa‐Clara - 2219-2250 Liquidity and Credit Risk
by Jan Ericsson & Olivier Renault - 2251-2288 Bayesian Alphas and Mutual Fund Persistence
by Jeffrey A. Busse & Paul J. Irvine - 2289-2324 Are IPO Allocations for Sale? Evidence from Mutual Funds
by Jonathan Reuter - 2325-2363 A Nonlinear Factor Analysis of S&P 500 Index Option Returns
by Christopher S. Jones - 2365-2394 Liquidity and Autocorrelations in Individual Stock Returns
by Doron Avramov & Tarun Chordia & Amit Goyal - 2395-2414 Automation versus Intermediation: Evidence from Treasuries Going Off the Run
by Michael J. Barclay & Terrence Hendershott & Kenneth Kotz - 2415-2449 Business Groups and Tunneling: Evidence from Private Securities Offerings by Korean Chaebols
by Jae‐Seung Baek & Jun‐Koo Kang & Inmoo Lee - 2451-2486 Retail Investor Sentiment and Return Comovements
by Alok Kumar & Charles M.C. Lee - 2487-2509 Executive Stock Options: Early Exercise Provisions and Risk‐taking Incentives
by Neil Brisley - 2511-2546 Lending Booms and Lending Standards
by Giovanni Dell'Ariccia & Robert Marquez
August 2006, Volume 61, Issue 4
- 1553-1604 Household Finance
by John Y. Campbell - 1605-1643 Market Reactions to Tangible and Intangible Information
by Kent Daniel & Sheridan Titman - 1645-1680 Investor Sentiment and the Cross‐Section of Stock Returns
by Malcolm Baker & Jeffrey Wurgler - 1681-1710 How Persistent Is the Impact of Market Timing on Capital Structure?
by Aydoğan Alti - 1711-1730 Predicting Returns with Managerial Decision Variables: Is There a Small‐Sample Bias?
by Malcolm Baker & Ryan Taliaferro & Jeffrey Wurgler - 1731-1758 Can Managers Successfully Time the Maturity Structure of Their Debt Issues?
by Alexander W. Butler & Gustavo Grullon & James P. Weston - 1759-1811 CEO Turnover after Acquisitions: Are Bad Bidders Fired?
by Kenneth M. Lehn & Mengxin Zhao - 1813-1844 CEOs' Outside Employment Opportunities and the Lack of Relative Performance Evaluation in Compensation Contracts
by Shivaram Rajgopal & Terry Shevlin & Valentina Zamora - 1845-1896 Information Control, Career Concerns, and Corporate Governance
by Fenghua Song & Anjan V. Thakor - 1897-1925 Do Banks Affect the Level and Composition of Industrial Volatility?
by Borja Larrain - 1927-1956 Industry Concentration and Average Stock Returns
by Kewei Hou & David T. Robinson - 1957-1990 Corporate Financial Policy and the Value of Cash
by Michael Faulkender & Rong Wang - 1991-2015 Does Corporate Headquarters Location Matter for Stock Returns?
by Christo Pirinsky & Qinghai Wang - 2017-2046 The Disposition Effect and Underreaction to News
by Andrea Frazzini - 2047-2062 Report of the Editor of The Journal of Finance for the Year 2005
by Robert F. Stambaugh
June 2006, Volume 61, Issue 3
- 1009-1034 Corporate Investment and Asset Price Dynamics: Implications for SEO Event Studies and Long‐Run Performance
by Murray Carlson & Adlai Fisher & Ron Giammarino - 1035-1072 Credit Ratings and Capital Structure
by Darren J. Kisgen - 1073-1117 Asset Float and Speculative Bubbles
by Harrison Hong & José Scheinkman & Wei Xiong - 1119-1157 The Effect of Short Selling on Bubbles and Crashes in Experimental Spot Asset Markets
by Ernan Haruvy & Charles N. Noussair - 1159-1185 Analysts' Selective Coverage and Subsequent Performance of Newly Public Firms
by Somnath Das & Re‐Jin Guo & Huai Zhang - 1187-1216 Investor Sentiment and Pre‐IPO Markets
by Francesca Cornelli & David Goldreich & Alexander Ljungqvist - 1217-1251 Corporate Equity Ownership and the Governance of Product Market Relationships
by C. Edward Fee & Charles J. Hadlock & Shawn Thomas - 1253-1303 The Costs of Bankruptcy: Chapter 7 Liquidation versus Chapter 11 Reorganization
by Arturo Bris & Ivo Welch & Ning Zhu - 1305-1336 Do Dividend Clienteles Exist? Evidence on Dividend Preferences of Retail Investors
by John R. Graham & Alok Kumar - 1337-1360 Does a Parent–Subsidiary Structure Enhance Financing Flexibility?
by Anand M. Vijh - 1361-1397 Secondary Trading Costs in the Municipal Bond Market
by Lawrence E. Harris & Michael S. Piwowar - 1399-1431 Capital Gains Tax Overhang and Price Pressure
by Li Jin - 1433-1463 Uncovering the Risk–Return Relation in the Stock Market
by Hui Guo & Robert F. Whitelaw - 1465-1505 Distance Constraints: The Limits of Foreign Lending in Poor Economies
by Atif Mian - 1507-1547 Which Investors Fear Expropriation? Evidence from Investors' Portfolio Choices
by Mariassunta Giannetti & Andrei Simonov
April 2006, Volume 61, Issue 2
- 495-538 Bank Mergers and Crime: The Real and Social Effects of Credit Market Competition
by Mark J. Garmaise & Tobias J. Moskowitz - 539-580 A Consumption‐Based Explanation of Expected Stock Returns
by Motohiro Yogo - 581-612 Do the Fama–French Factors Proxy for Innovations in Predictive Variables?
by Ralitsa Petkova - 613-653 Risk, Reputation, and IPO Price Support
by Katharina Lewellen - 655-687 Does Weak Governance Cause Weak Stock Returns? An Examination of Firm Operating Performance and Investors' Expectations
by John E. Core & Wayne R. Guay & Tjomme O. Rusticus - 689-724 Are Busy Boards Effective Monitors?
by Eliezer M. Fich & Anil Shivdasani - 725-762 Does Investor Misvaluation Drive the Takeover Market?
by Ming Dong & David Hirshleifer & Scott Richardson & Siew Hong Teoh - 763-801 Offering versus Choice in 401(k) Plans: Equity Exposure and Number of Funds
by Gur Huberman & Wei Jiang - 803-836 The Entrepreneur's Choice between Private and Public Ownership
by Arnoud W. A. Boot & Radhakrishnan Gopalan & Anjan V. Thakor - 837-865 Market Valuation of Tax‐Timing Options: Evidence from Capital Gains Distributions
by J. B. Chay & Dosoung Choi & Jeffrey Pontiff - 867-892 Banks' Advantage in Hedging Liquidity Risk: Theory and Evidence from the Commercial Paper Market
by Evan Gatev & Philip E. Strahan - 893-919 Firm Value and Hedging: Evidence from U.S. Oil and Gas Producers
by Yanbo Jin & Philippe Jorion - 921-956 Pension Plan Funding and Stock Market Efficiency
by Francesco Franzoni & José M. Marín - 957-1003 How Do Crises Spread? Evidence from Accessible and Inaccessible Stock Indices
by Brian H. Boyer & Tomomi Kumagai & Kathy Yuan
February 2006, Volume 61, Issue 1
- 1-32 What Works in Securities Laws?
by Rafael La Porta & Florencio Lopez‐De‐Silanes & Andrei Shleifer - 33-71 Investment and Financing Constraints: Evidence from the Funding of Corporate Pension Plans
by Joshua D. Rauh - 73-104 Favoritism in Mutual Fund Families? Evidence on Strategic Cross‐Fund Subsidization
by José‐Miguel Gaspar & Massimo Massa & Pedro Matos - 105-137 Information Uncertainty and Stock Returns
by X. Frank Zhang - 139-170 Asset Pricing Implications of Nonconvex Adjustment Costs and Irreversibility of Investment
by Ilan Cooper - 171-194 Empirical Evidence on Capital Investment, Growth Options, and Security Returns
by Christopher W. Anderson & Luis Garcia‐Feijóo - 195-229 The Price Impact and Survival of Irrational Traders
by Leonid Kogan & Stephen A. Ross & Jiang Wang & Mark M. Westerfield - 231-258 The Limits of Investor Behavior
by Mark Loewenstein & Gregory A. Willard - 259-299 The Cross‐Section of Volatility and Expected Returns
by Andrew Ang & Robert J. Hodrick & Yuhang Xing & Xiaoyan Zhang - 301-340 Competing for Securities Underwriting Mandates: Banking Relationships and Analyst Recommendations
by Alexander Ljungqvist & Felicia Marston & William J. Wilhelm - 341-378 Unspanned Stochastic Volatility: Evidence from Hedging Interest Rate Derivatives
by Haitao Li & Feng Zhao - 379-397 Wealth and Executive Compensation
by Bo Becker - 399-436 Initial Public Offerings: An Analysis of Theory and Practice
by James C. Brau & Stanley E. Fawcett - 437-461 Finance as a Barrier to Entry: Bank Competition and Industry Structure in Local U.S. Markets
by Nicola Cetorelli & Philip E. Strahan - 463-490 Investor Tax Heterogeneity and Ex‐Dividend Day Trading Volume
by Dan Dhaliwal & Oliver Zhen Li
December 2005, Volume 60, Issue 6
- 2575-2619 Do Firms Rebalance Their Capital Structures?
by Mark T. Leary & Michael R. Roberts - 2621-2659 Optimal Capital Structure and Industry Dynamics
by Jianjun Miao - 2661-2700 CEO Overconfidence and Corporate Investment
by Ulrike Malmendier & Geoffrey Tate - 2701-2727 CEO Compensation, Change, and Corporate Strategy
by James Dow & Clara C. Raposo - 2729-2761 Investment Bank Reputation and the Price and Quality of Underwriting Services
by Lily Hua Fang - 2763-2799 On the Benefits of Concurrent Lending and Underwriting
by Steven Drucker & Manju Puri - 2801-2824 Thy Neighbor's Portfolio: Word‐of‐Mouth Effects in the Holdings and Trades of Money Managers
by Harrison Hong & Jeffrey D. Kubik & Jeremy C. Stein - 2825-2858 Changing Names with Style: Mutual Fund Name Changes and Their Effects on Fund Flows
by Michael J. Cooper & Huseyin Gulen & P. Raghavendra Rau - 2859-2894 Governance Mechanisms and Equity Prices
by K. J. Martijn Cremers & Vinay B. Nair - 2895-2923 Debt Maturity, Risk, and Asymmetric Information
by Allen N. Berger & Marco A. Espinosa‐Vega & W. Scott Frame & Nathan H. Miller - 2925-2953 Financial Networks: Contagion, Commitment, and Private Sector Bailouts
by Yaron Leitner - 2955-2985 Financial Market Design and the Equity Premium: Electronic versus Floor Trading
by Pankaj K. Jain - 2987-3020 Transparency and International Portfolio Holdings
by R. Gaston Gelos & Shang‐Jin Wei
October 2005, Volume 60, Issue 5
- 2149-2192 Equilibrium in a Dynamic Limit Order Market
by Ronald L. Goettler & Christine A. Parlour & Uday Rajan - 2193-2212 The Optimal Concentration of Creditors
by Arturo Bris & Ivo Welch - 2213-2253 Corporate Yield Spreads: Default Risk or Liquidity? New Evidence from the Credit Default Swap Market
by Francis A. Longstaff & Sanjay Mithal & Eric Neis - 2255-2281 An Empirical Analysis of the Dynamic Relation between Investment‐Grade Bonds and Credit Default Swaps
by Roberto Blanco & Simon Brennan & Ian W. Marsh - 2283-2331 Stochastic Convenience Yield Implied from Commodity Futures and Interest Rates
by Jaime Casassus & Pierre Collin‐Dufresne - 2333-2350 Managerial Stock Ownership and the Maturity Structure of Corporate Debt
by Sudip Datta & Mai Iskandar‐Datta & Kartik Raman - 2351-2384 Trends in Corporate Governance
by Benjamin E. Hermalin - 2385-2407 Methods of Payment in Asset Sales: Contracting with Equity versus Cash
by Myron B. Slovin & Marie E. Sushka & John A. Polonchek - 2409-2435 Vested Interest and Biased Price Estimates: Evidence from an Auction Market
by Jianping Mei & Michael Moses - 2437-2469 Wanna Dance? How Firms and Underwriters Choose Each Other
by Chitru S. Fernando & Vladimir A. Gatchev & Paul A. Spindt - 2471-2511 Arbitraging Arbitrageurs
by Mukarram Attari & Antonio S. Mello & Martin E. Ruckes - 2513-2549 Information and Control in Ventures and Alliances
by Wouter Dessein - 2551-2569 The Market Impact of Trends and Sequences in Performance: New Evidence
by Gregory R. Durham & Michael G. Hertzel & J. Spencer Martin
August 2005, Volume 60, Issue 4
- 1595-1638 The Limits of Financial Globalization
by René M. Stulz - 1639-1672 Consumption, Dividends, and the Cross Section of Equity Returns
by Ravi Bansal & Robert F. Dittmar & Christian T. Lundblad - 1673-1712 Time Variation in the Covariance between Stock Returns and Consumption Growth
by Gregory R. Duffee - 1713-1757 Rational IPO Waves
by Ľuboš Pástor & Pietro Veronesi - 1759-1790 Does Prospect Theory Explain IPO Market Behavior?
by Alexander Ljungqvist & William J. Wilhelm - 1791-1823 Private Equity Performance: Returns, Persistence, and Capital Flows
by Steven N. Kaplan & Antoinette Schoar - 1825-1863 Predatory Trading
by Markus K. Brunnermeier & Lasse Heje Pedersen - 1865-1902 Strategic Behavior and Underpricing in Uniform Price Auctions: Evidence from Finnish Treasury Auctions
by Matti Keloharju & Kjell G. Nyborg & Kristian Rydqvist - 1903-1949 Market Timing and Managerial Portfolio Decisions
by Dirk Jenter - 1951-1982 Do Insiders Learn from Outsiders? Evidence from Mergers and Acquisitions
by Yuanzhi Luo - 1983-2011 On the Industry Concentration of Actively Managed Equity Mutual Funds
by Marcin Kacperczyk & Clemens Sialm & Lu Zheng - 2013-2041 Managerial Opportunism during Corporate Litigation
by Bruce Haslem - 2043-2082 The Impact of Bank Consolidation on Commercial Borrower Welfare
by Jason Karceski & Steven Ongena & David C. Smith - 2083-2123 Board Seat Accumulation by Executives: A Shareholder's Perspective
by Tod Perry & Urs Peyer - 2125-2139 Report of the Editor of The Journal of Finance for the Year 2004
by Robert F. Stambaugh - 2143-2144 Report of the Executive Secretary and Treasurer for the Year Ending September 30, 2004
by David H. Pyle
June 2005, Volume 60, Issue 3
- 1057-1096 Judging Fund Managers by the Company They Keep
by Randolph B. Cohen & Joshua D. Coval & Ľuboš Pástor - 1097-1128 Finance and the Business Cycle: International, Inter‐Industry Evidence
by Matías Braun & Borja Larrain - 1129-1165 Debt Dynamics
by Christopher A. Hennessy & Toni M. Whited - 1167-1219 Housing Collateral, Consumption Insurance, and Risk Premia: An Empirical Perspective
by Hanno N. Lustig & Stijn G. Van Nieuwerburgh - 1221-1257 What Explains the Stock Market's Reaction to Federal Reserve Policy?
by Ben S. Bernanke & Kenneth N. Kuttner - 1259-1292 Do Bank Relationships Affect the Firm's Underwriter Choice in the Corporate‐Bond Underwriting Market?
by Ayako Yasuda - 1293-1327 Demand–Deposit Contracts and the Probability of Bank Runs
by Itay Goldstein & Ady Pauzner - 1329-1343 The Theory of Bank Risk Taking and Competition Revisited
by John H. Boyd & Gianni De Nicoló