Search Results - "Journal of financial economics"

Journal Article

Financial literacy and stock market participation

by van Rooij, Maarten Lusardi, Annamaria Alessie, Rob Published in Journal of financial economics (2011)

“...We have devised two special modules for De Nederlandsche Bank (DNB) Household Survey to measure financial literacy and study its relationship to stock market...”

Journal Article

Women in the boardroom and their impact on governance and performance

by Adams, Renée B Ferreira, Daniel Published in Journal of financial economics (2009)

“...We show that female directors have a significant impact on board inputs and firm outcomes. In a sample of US firms, we find that female directors have better...”

Journal Article

Bank lending during the financial crisis of 2008

by Ivashina, Victoria Scharfstein, David Published in Journal of financial economics (2010)

“...This paper shows that new loans to large borrowers fell by 47% during the peak period of the financial crisis (fourth quarter of 2008) relative to the prior...”

Journal Article

Does the stock market fully value intangibles? Employee satisfaction and equity prices

by Edmans, Alex Published in Journal of financial economics (2011)

“...This paper analyzes the relationship between employee satisfaction and long-run stock returns. A value-weighted portfolio of the “100 Best Companies to Work...”

Journal Article

The real effects of financial constraints: Evidence from a financial crisis

by Campello, Murillo Graham, John R Harvey, Campbell R Published in Journal of financial economics (2010)

“...We survey 1,050 Chief Financial Officers (CFOs) in the U.S., Europe, and Asia to directly assess whether their firms are credit constrained during the global...”

Journal Article

Bank governance, regulation and risk taking

by Laeven, Luc Levine, Ross Published in Journal of financial economics (2009)

“...This paper conducts the first empirical assessment of theories concerning risk taking by banks, their ownership structures, and national bank regulations. We...”

Journal Article

Simple formulas for standard errors that cluster by both firm and time

by Thompson, Samuel B Published in Journal of financial economics (2011)

“...When estimating finance panel regressions, it is common practice to adjust standard errors for correlation either across firms or across time. These procedures...”

Journal Article

Does governance travel around the world? Evidence from institutional investors

by Aggarwal, Reena Erel, Isil Ferreira, Miguel Matos, Pedro Published in Journal of financial economics (2011)

“...We examine whether institutional investors affect corporate governance by analyzing portfolio holdings of institutions in companies from 23 countries during...”

Journal Article

Tunneling through intercorporate loans: The China experience

by Jiang, Guohua Lee, Charles M.C Yue, Heng Published in Journal of financial economics (2010)

“...This study investigates a particularly brazen form of corporate abuse, in which controlling shareholders use intercorporate loans to siphon billions of RMB...”

Journal Article

Corporate tax avoidance and stock price crash risk: Firm-level analysis

by Kim, Jeong-Bon Li, Yinghua Zhang, Liandong Published in Journal of financial economics (2011)

“...Using a large sample of U.S. firms for the period 1995–2008, we provide strong and robust evidence that corporate tax avoidance is positively associated with...”

Journal Article

Bank CEO incentives and the credit crisis

by Fahlenbrach, Rüdiger Stulz, René M Published in Journal of financial economics (2011)

“...We investigate whether bank performance during the recent credit crisis is related to chief executive officer (CEO) incentives before the crisis. We find some...”

Journal Article

The law and economics of self-dealing

by Djankov, Simeon La Porta, Rafael Lopez-de-Silanes, Florencio Shleifer, Andrei Published in Journal of financial economics (2008)

“...We present a new measure of legal protection of minority shareholders against expropriation by corporate insiders: the anti-self-dealing index. Assembled with...”

Journal Article

Bank activity and funding strategies: The impact on risk and returns

by Demirgüç-Kunt, Asli Huizinga, Harry Published in Journal of financial economics (2010)

“...This paper examines the implications of bank activity and short-term funding strategies for bank risk and return using an international sample of 1,334 banks...”

Journal Article

Liquidity risk management and credit supply in the financial crisis

by Cornett, Marcia Millon McNutt, Jamie John Strahan, Philip E Tehranian, Hassan Published in Journal of financial economics (2011)

“...Liquidity dried up during the financial crisis of 2007–2009. Banks that relied more heavily on core deposit and equity capital financing, which are stable...”

Journal Article

Maxing out: Stocks as lotteries and the cross-section of expected returns

by Bali, Turan G Cakici, Nusret Whitelaw, Robert F Published in Journal of financial economics (2011)

“...Motivated by existing evidence of a preference among investors for assets with lottery-like payoffs and that many investors are poorly diversified, we...”

Journal Article

Costly external finance, corporate investment, and the subprime mortgage credit crisis

by Duchin, Ran Ozbas, Oguzhan Sensoy, Berk A Published in Journal of financial economics (2010)

“...We study the effect of the recent financial crisis on corporate investment. The crisis represents an unexplored negative shock to the supply of external...”

Journal Article

Who makes acquisitions? CEO overconfidence and the market's reaction

by Malmendier, Ulrike Tate, Geoffrey Published in Journal of financial economics (2008)

“...Does CEO overconfidence help to explain merger decisions? Overconfident CEOs over-estimate their ability to generate returns. As a result, they overpay for...”

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