
Mutual Fund Trading Style and Bond Market Fragility
A subset of mutual funds intentionally supply liquidity in corporate bond markets during periods of…
A subset of mutual funds intentionally supply liquidity in corporate bond markets during periods of…
Firms make their capital structure less constraining by decreasing leverage, shortening debt maturity, increasing unsecured…
The study is the first to document that supply side frictions have a first order…
Most people think their 401(k)s are safe, but there is hidden risk in the investment…
Firms with risk averse executives are significantly more likely to hedge.
A working paper by Amber Anand, Edward Pettinella Professor of Finance, finds some buy-side institutions…
A paper recently accepted by Contemporary Accounting Research shows executive compensation disclosure rules can have…
This study finds market makers scale back in unison when market conditions are unfavorable, which…
Market fears play an important role in understanding the stock return predictability.
This study studies “The Chrysler Effect,” and finds no evidence that bondholders of…