Finance

Research

Most faculty research pertains to corporate finance or corporate governance. In the finance area, research topics include mergers and acquisitions, dividend policy, capital budgeting, issuing securities, and capital structure. Some faculty work in investments with a focus on behavioral finance, mutual funds, and hedge funds. Research topics in corporate governance include board composition, executive compensation, director reputation, board input into mergers and acquisitions, and issues relating to bankruptcy and fraud.

Recent Works

Nelling, Edward, New positions in mutual fund portfolios: Implications for fund alpha. Journal of Financial Services Research forthcoming (Forthcoming)

Lantushenko, Viktoriya, and Nelling, Edward, Active Management in Real Estate Mutual Funds. Journal of Real Estate Finance and Economics (Forthcoming)

Dougal, Casey, Gao, Pengjie, Mayhew, William, and Parsons, Christopher, What’s in a (school) name? Racial discrimination in higher education bond markets. Journal of Financial Economics (Forthcoming)

Gombola, Michael J., Chou, David, and Liu, Feng-Ying, Capital Structure Dynamics with Restricted Equity Issuance: Evidence from Chinese post-IPO firms. Asia Pacific Management Review 24 (Forthcoming) 72-85.

Gombola, Michael J., Chou, David, and Liu, Feng-Ying, Capital Structure Dynamics with Restricted Equity Issuance: Evidence from Chinese post-IPO firms. Asia Pacific Management Review (Forthcoming)

Robak, Patricia J., Classroom Polar Vortex: Using Threaded Discussions to Manage Mother Nature’s Insistent Behavior. Advances in Financial Education (Winter 2017):

Juergens, Jennifer L., Becher, David A., and Cohn, Jonathan, Do Stock Analysts Influence Merger Completion? An Examination of Post-Merger Announcement Recommendations. Management Science (Forthcoming)

Robak, Patricia J., Financing Technology and Innovation. Wiley Encyclopedia of Technology and Innovation Ma (Forthcoming)

Cai, Jie, Garner, Jacqueline L., and Walkling, Ralph A., A paper tiger? An empirical analysis of majority voting. Journal of Corporate Finance 21 (Jun 2013): 119-135.

Chiang, Thomas C., Economic policy uncertainty, risk and stock returns: Evidence from G7 stock markets. Finance Research Letters 29 (Jun 2019): 41-49.

Chiang, Thomas C., Financial Risk, uncertainty and expected returns: Evidence from Chinese equity markets. China Finance Review International 9 (Nov 2019): 425-454.

Cai, Jie, and Shi, Guifeng, Do religious norms influence corporate debt financing?. Journal of Business Ethics 157 (Year 2019): 159-182.

Tsetsekos, George, and Papaioannou, Michael G., Cryptocurrencies in the Global Economy. The Journal of Investing 28 (Apr 2019): 7-12.

Chiang, Thomas C., Empirical analysis of intertemporal relations between downside risks and expected returns - Evidence from Asian markets. Research in International Business and Finance 47 (Jan 2019): 264-278.