Regulating Conflicts of Interest: The Effect of Sanctions and Enforcement
Review of Finance, Volume 18, Issue 2, 1 April 2014, Pages 489–526,https://doi.org/10.1093/rof/rft010
Over the past decades, securities firms and their analysts have been accused of producing overly optimistic research (e.g.,… Read more...
Regulating Conflicts of Interest: The Effect of Sanctions and Enforcement Read More »
Financial Sector Reform after the Subprime Crisis: Has Anything Happened?
Review of Finance, Volume 20, Issue 1, 1 March 2016, Pages 77–125,https://doi.org/10.1093/rof/rfu055
After the near-collapse of large parts of the financial system and unprecedented bail-outs in the subprime crisis, the leaders of the G20 agreed on the need to overhaul the financial system.… Read more...
Financial Sector Reform after the Subprime Crisis: Has Anything Happened? Read More »
The Revolving Door for Financial Regulators
Review of Finance, Volume 21, Issue 4, 1 July 2017, Pages 1445–1484,https://doi.org/10.1093/rof/rfw035
Public attention and media coverage often focus on the migration of employees between regulatory agencies and regulated firms.… Read more...
The Revolving Door for Financial Regulators Read More »
The Impact of Public Guarantees on Bank Risk-Taking: Evidence from a Natural Experiment
Review of Finance, Volume 18, Issue 2, 1 April 2014, Pages 457–488,https://doi.org/10.1093/rof/rft014
Public guarantees in the wake of the financial crisis of 2007/2008 have been wide-spread.… Read more...
The Impact of Public Guarantees on Bank Risk-Taking: Evidence from a Natural Experiment Read More »
The Cost of Political Connections
Review of Finance, Volume 22, Issue 3, 1 May 2018, Pages 849–876, https://doi.org/10.1093/rof/rfy008
Existing research generally shows that political connections are of significant value to firms, because political leaders grant favors to the connected firms.… Read more...
The Cost of Political Connections Read More »
Can Socially Responsible Firms Survive Competition? An Analysis of Corporate Employee Matching Grant Schemes
Ning Gong; Bruce D Grundy
Review of Finance, Volume 23, Issue 1, 1 February 2019, Pages 199–243, https://doi.org/10.1093/rof/rfx025
Coordinating Employees Charitable Giving through Employee Matching Grants
In 2017, total US corporate giving amounted to $20.77 billion and approximately one third of S&P 1500 firms offer matching grants to support employee charitable giving.… Read more...
The Effects of Horizontal Merger Operating Efficiencies on Rivals, Customers, and Suppliers
Gennaro Bernile; Evgeny Lyandres
Review of Finance, Volume 23, Issue 1, 1 February 2019, Pages 117–160, https://doi.org/10.1093/rof/rfy017
Mergers and acquisitions can impact not only the merging firms, but also firms that are economically linked to them: those competing with the merging firms in product markets (rivals) as well as those operating along the merging firms’ supply chains (corporate customers and suppliers).… Read more...
The Managing Editors’ Report for 2016/7 is available at revfin.org/reports-from-the-editors/.
Some highlights include:
Managing Editors’ Report for 2016/17 Read More »
From August 2017, there will be a new, faster publishing model at the Review of Finance. Manuscripts will be published online to the Advance Articles page within 24 hours of the author completing their licence to publish, i.e. before copyediting and typesetting.… Read more...
Faster Publishing Model Read More »
The lead article in Volume 21, Issue 2 of the Review of Finance is “Credit Ratings Across Asset Classes: A Long-Term Perspective” by Jess Cornaggia and Kimberly Cornaggia of Penn State, and John Hund of Georgia.
Credit ratings are a critical feature of bond markets.… Read more...
Credit Ratings Across Asset Classes: A Long-Term Perspective Read More »