Collective Action and Governance Activism
Craig Doidge, Alexander Dyck, Hamed Mahmudi, Aazam Virani
Review of Finance, Volume 23, Issue 5, September 2019, Pages 893–933, https://doi.org/10.1093/rof/rfz008
Institutional investors collectively account for the majority of ownership of many firms but individually hold fractional stakes in any given firm.… Read more...
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How Does Learning and Education Help to Overcome the Disposition Effect?
Tarvo Vaarmets, Kristjan Liivamägi, Tõnn Talpsepp
Review of Finance, Volume 23, Issue 4, July 2019, Pages 801–830,https://doi.org/10.1093/rof/rfy006
The ability of investors to learn from their own mistakes is an important factor that can help prevent them taking short-sighted or biased investment decisions.… Read more...
How Does Learning and Education Help to Overcome the Disposition Effect? Read More »
The lead article in Volume 23, Issue 4 of the Review of Finance is Are US Industries Becoming More Concentrated? by Gustavo Grullon, Yelena Larkin, and Roni Michaely. This paper finds that industry concentration has increased substantially in the US over the last two decades.… Read more...
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The Transmission of Bank Liquidity Shocks: Evidence from House Prices
H Özlem Dursun-de Neef
Review of Finance, Volume 23, Issue 3, May 2019, Pages 629–658, https://doi.org/10.1093/rof/rfy001
The financial crisis of 2007-2009 led to a negative liquidity shock that affected many banks.… Read more...
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Renegotiation Frictions and Financial Distress Resolution: Evidence from CDS Spreads
Murillo Campello; Tomislav Ladika; Rafael Matta
Review of Finance, Volume 23, Issue 3, May 2019, Pages 513–556, https://doi.org/10.1093/rof/rfy021
Financially distressed firms often attempt to renegotiate with creditors outside of bankruptcy court, to forgo the deadweight costs of drawn-out legal battles.… Read more...
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Economic Links and Cross-Predictability of Stock Returns: Evidence from Characteristic-Based “Styles
Sebastian Müller
Review of Finance, Volume 23, Issue 2, March 2019, Pages 363–395,
https://doi.org/10.1093/rof/rfx033
News released by one firm may contain value-relevant information also for other, economically-related firms.… Read more...
Did You See What I Saw? Interpreting Others’ Forecasts When Their Information Is Unknown
Anthony M Kwasnica; Raisa Velthuis; Jared Williams
Review of Finance, Volume 23, Issue 2, March 2019, Pages 325–361, https://doi.org/10.1093/rof/rfx0522
In many settings, people have access to a wide variety of information sources.… Read more...
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We have recently updated our information for authors and referees. For authors, this explains the requirement for EU authors to provide VAT information for their institution (or confirm they are paying the submission fee privately), plus the process and timescale of any refunds (e.g.… Read more...
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Foreign Investor Heterogeneity and Stock Liquidity around the World
Review of Finance, Volume 20, Issue 5, 1 August 2016, Pages 1867–1910,https://doi.org/10.1093/rof/rfv048
This article examines whether foreign investor heterogeneity plays a role in stock liquidity in a sample of 27,828 firms from 39 countries worldwide.… Read more...
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International Diversification Benefits with Foreign Exchange Investment Styles
Review of Finance, Volume 18, Issue 5, 1 August 2014, Pages 1847–1883,https://doi.org/10.1093/rof/rft047
Currency hedging strategies and their role in portfolio management have been studied extensively by researchers and practitioners alike.… Read more...
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