Category Archives: Uncategorized

Governance Under the Gun: Spillover Effects of Hedge Fund Activism

The lead article in Volume 23, Issue 6 of the Review of Finance is Governance Under the Gun: Spillover Effects of Hedge Fund Activism by Nickolay Gantchev, Oleg Gredil and Chotibhak Jotikasthira.  This paper finds that the threat of hedge fund activism spurs non-targeted companies to improve profitability and valuations, increase payout, and reduce capital expenditure and cash holdings. … Read more...

Monetary Policy Spillovers and Currency Networks in Cross-Border Bank Lending: Lessons from the 2013 Fed Taper Tantrum

Monetary Policy Spillovers and Currency Networks in Cross-Border Bank Lending: Lessons from the 2013 Fed Taper Tantrum

Stefan Avdjiev, El?d Takáts
Review of Finance, Volume 23, Issue 5, September 2019, Pages 993–1029, https://doi.org/10.1093/rof/rfy030

We demonstrate that currency networks in cross-border bank lending have a significant impact on the size, distribution and direction of international monetary policy spillovers.… Read more...

New Editorial Appointments

The Review of Finance is delighted to announce the appointments of Christine Parlour, Kelly Shue, and Geoff Tate as Editors. Christine will start on November 15, 2017 and Kelly and Geoff will start on January 1, 2018 when Thorsten Beck and Andrew Ellul’s terms as Editors come to an end.… Read more...