Finance

Faculty Publications

The faculty of the Department of Finance have written and/or edited a number of scholarly texts, and regularly contribute to journals within their discipline.  Below are a few of their most recent faculty publications:

Published in 2009

Listed alphabetically by journal:

Journal of Finance:

Jose Liberti,  Andrew Hertzberg and Daniel Paravisini, "Information  and Incentives Inside the Firm: Evidence from Loan Officer Rotation," 2009.

Published in 2008

Listed alphabetically by journal:

American Journal of Business Education

Thomas Berry, "Pretest Assessment,"2008.

Cambridge Handbook of Psychological & Economic Behavior:

Werner DeBondt, "Stock Prices: Insights fir Behavioral Finance," 2008.

Ethos: Journal of the Society for Psychological Anthropology:

Karen Hunt-Ahmed, "Finding a Jewel: Globalization, Embodiment and Identity in Islamic Finance," 2008.

Municipal Finance Journal:

James Booth, "A Comprehensive Evaluation of the Comparative Cost of Negotiated and Competitive Methods of Municipal Bond Insurance," 2008.

Organizational Behavior & Human Decision Processes:

Sonya Lim, "Reference Point Adaptation: Tests in the Domain of Security Trading," 2008.

Journal of Academy of Finance:

Thomas Berry and Joan Junkus, "The Financial Performance of SRI Excluded Firms," 2008.

Journal of Applied Corporate Finance:

Sanjay Deshmukh, Keith Howe and Carl Luft, "Stock Options Expensing: The Role of Corporate Governance," 2008.

Journal of Economic Psychology:

Sanjay Deshmukh, Ali Fatemi and Iraj Fooladi, "Complexity of Information and Trading Behavior: The Case of Dividend Increase Announcements," 2008.

Journal of Finance:

Jose Liberti, "Collateral Spread and Financial Development," 2008.

Sonya Lim, David Hirshleifer, and Siew Hong Teoh Do, "Driven to Distraction: Extraneous Events and Underreaction to Earnings News," 2008.

Journal of Financial Services Research:

Elijah Brewer, "Bank Capital Ratios Across Countries: Why Do They Vary?" 2008.

Review of Financial Studies:

Anand Goel and Anjan Thakor, "Do Envious CEOs Cause Merger Waves?" 2008.

Jose Liberti, "Estimating the Effect of Hierarchies on Information Use," 2008.

Revue Economique et Sociale:

Werner DeBondt, "Investor Psychology and International Equity Markets," 2008.

Published in 2007

Listed alphabetically by journal:

Advances in Quantitative Analysis of Finance and Accounting:

Joseph Vu, “Equity Restructuring Via Tracking Stocks: Is there any Value Added?” 2007.

Financial History:

Joan Junkus, “Creative Financing of a Planned Community: F.L. Olmstead and the Riverside Improvement Company,” 2007.

International Business & Economics Research Journal:

Thomas Berry, “Trust and Investments Across Cultures,” 2007. 

Journal of Academy of Finance:
Joan Junkus, “Today is a 7: A test of Investing Using Astrology,” 2007.

Journal of Economic Behavior and Organization:

Sonya Lim, “The Effect of Financial Hedging on the Incentives for Corporate Diversification: The Role of Stakeholder Firm-Specifics,” 2007.

Journal of Finance:

Anand Goel, “Overconfidence, CEO Selection, and Corporate Governance,” 2007.

Management Science:

Sonya Lim, “How do Decision Frames Influence the Stock Investment Decisions of Individual Investors?” 2007.

Strategic Management Journal:

Sonya Lim, “Real Options and Real Value: The Role of Employee Incentives to Make Specific Knowledge Investments,” 2007.

Published in 2006

Listed alphabetically by journal:

Financial Management:

Sanjay Deshmukh, Carl Luft, and Keith Howe, “Executive Stock Options: To Expense or Not?,” 2006.

Journal of Banking and Finance:

 Elijah Brewer, "A Note on the Risk-Adjusted Price-Concentration Relationship," 2006.

Journal of Behavioral Finance:

Thomas Berry and Sue Fogel, "The Disposition Effect and Individual Investor Decisions: The Role of Regret," 2006.

Journal of Business:

Sonya Lim, "Do Investors Integrate Losses and Segregate Gains?  Mental Accounting and Investor Trading Decisions," 2006.

Managerial Finance:

Ali Fatemi and Iraj Fooladi, "Credit Risk Management: A Survey of Practices," 2006.

Quarterly Journal of Business and Economics:

Joseph Vu and Jorge Urrutia, "Empirical Evidence of  Nonlinearity and Chaos in the Returns of American Depository Receipts," 2006.