CV  

Papers

The beta anomaly and mutual fund performance with John Kim and Jue Ren Management Science Forthcoming

Measuring institutional trading costs and the implications for finance research: The case of tick  size reductions, (2021) with Greg Eaton and Tingting Liu, Journal of Financial Economics, 139  (3). 

Does institutional trading affect underwriting, (2019) with Amber Anand and TingTing Liu, with  Amber Anand and Tingting Liu, Journal of Corporate Finance: Special Issue on Institutional  trading and Corporate Finance, 58, 804-823.  

The Convergence and Divergence of Investors’ Opinions around Earnings News: Evidence from  a Social Network, (2019) with Robert Giannini and Tao Shu. Journal of Financial Markets,  42(1), 94-120 

Nonlocal Disadvantage: An examination of social media sentiment, (2018) with Robert Giannini  and Tao Shu, Review of Asset Pricing Studies, 8(2), 293-336. 

Customer concentration, profitability and the relationship life cycle, (2016) with Shawn Park and  Celim Yildizhan, The Accounting Review. 91 (3), 883-906. 

Institutional Trading and Stock Resiliency: Evidence from the 2007-2009 Financial Crisis, (2013)  with Amber Anand, Andy Puckett and Kumar Venkataraman, Journal of Financial Economics 108 (3), 773-797. 

Performance of Institutional Trading Desks: An Analysis of Persistence in Trading Costs, (2012),  with Amber Anand, Andy Puckett and Kumar Venkataraman, Review of Financial Studies, 25(2), 557-598. 

Goldstein, M., P. Irvine and A. Puckett, (2011). Purchasing IPOs with Commissions, Journal of  Financial and Quantitative Analysis, 46 (5). 

Goldstein, M., P. Irvine, E. Kandel, and Z. Weiner, (2009). Brokerage Commissions and  Institutional Trading Patterns, Review of Financial Studies 22 (12). 

Irvine, P., and J. Pontiff, (2009). Idiosyncratic return volatility, cash flows and product market  competition, Review of Financial Studies, 22 (3). 

Irvine, P., Lipson, M., and A. Puckett, (2007). Tipping, Review of Financial Studies, 20 (3), 741- 768. 

Busse, J., and P. Irvine, (2006). Bayesian Alphas and Mutual Fund Persistence, Journal of  Finance, 61 (5). 

Irvine, P., Nathan, S., and P. Simko (2004) Asset Management and Affiliated Analysts’  Forecasts, Financial Analysts Journal, May/June. 67-78. 

Irvine, P., (2004) Analysts’ Forecasts and Brokerage-Firm Trading, The Accounting Review,  79 (1), 125-149.

Irvine, P., (2003) The Incremental Impact of Analyst Initiation of Coverage, Journal of  Corporate Finance, 9 (4). 

Benston, G., Irvine, P., Rosenfeld, J., and J. Sinkey, (2003) Bank Capital Structure, Regulatory  Capital and Securities Innovations, Journal of Money, Credit and Banking, 35 (3). 

Irvine, P., (2000) Do Analysts’ Generate Trade for their Firms? Evidence from the Toronto Stock  Exchange. Journal of Accounting and Economics, 30 (2). 

Irvine, P., and J. Rosenfeld, (2000) Raising Capital Using Monthly Income Preferred Shares: Market Reaction and Implications for Capital Structure Theory, Financial Management, 29 (2).

Irvine, P., (2000) Bre-X Minerals Ltd., Journal of Business Education, April, Inaugural edition. 

Other Material

Appendix to Busse, Irvine, JF, 2006

Jeff Vinik at Fidelity Magellan Mutual fund case on top-down and bottom-up investment strategy and suitability 

Data 

Lexis-Nexis 2010-2016 News articles by stock-month 2010-2016 

Read me: Data information

GitHub data: Git repository