Published and Forthcoming Papers

• Chemmanur, Thomas J., Dongmei Li, Kevin Tseng, Yu Wang, 2025. "The Effect of Salience on the Equity Market Reaction to Innovation Announcements: Theory and Evidence from Patent Grants and FDA Drug Approvals" Review of Corporate Finance (5), forthcoming.

• Huang, Xinhui, Abdullah Shoeb, & Lukai Yang, 2025. Trade Policy Uncertainty and Firm Profitability.  Review of Corporate Finance 5, forthcoming.

• Chemmanur, Thomas J., Pengfei Ma, Chaopeng Wu, and Qianqian Yu, 2024. "Information Production by Institutions and Information Extraction by Underwriters in Hybrid IPO Auctions" Review of Corporate Finance (4), forthcoming. [Title page here]

• Hansen, Christopher, 2024. "Which companies go public via SPACs? The role of private equity and venture capital financing" Review of Corporate Finance (4), forthcoming.

Additional papers will be posted as they are accepted in this special issue.

• Bae, Kee-Hong, Jisok Kang, & Albert Tsang, 2024. "The Effect of Board Reforms on CEO Compensation: Evidence from a Comparison between Public and Private Firms" Review of Corporate Finance (4), forthcoming.

• Moro, Andrea, & Annalisa Ferrando, 2024. "Labour Protection Legislation and Discouraged Borrowers in Europe" Review of Corporate Finance (4), forthcoming. [Online Appendix]

•  Bindal, Shradha, Imran Haque, & Suman Saurabh, 2024.  "Foreign Institutional Investors, Controlling Shareholders, and Market Timing: Evidence from India" Review of Corporate Finance (4), forthcoming.

• Cephas Simon Peter Dak-Adzaklo, 2024.  "Competition Laws and Corporate Cash Policy: International Evidence" Review of Corporate Finance (4), forthcoming.

• Tarkom, Augustine, Ned Kock & Nacasius Ujah, 2024. "Religious and Linguistic Diversity: Opportunity or Threat to Working Capital Management? " Review of Corporate Finance (4), forthcoming.
  
  

• Nana Twum Owusu-Peprah, 2024. "The Influence of Country-level Social Capital on Firms’ Cash Conversion Cycle" Review of Corporate Finance (4), forthcoming.

• Chen, Chen, and John A. Doukas, 2024.   "Do Stock Price Informativeness and Managerial Attributes Facilitate M&A Success?" Review of Corporate Finance (4:3-4), forthcoming. [Online Appendix]

• Berninger, Marc, Florian Kiesel, & Jan Schnitzler, 2024. "Commercial Data in Financial Research" Review of Corporate Finance (4:3-4), forthcoming. [Online Appendix]

• Bhagat, Sanjai, & Henry Laurion, 2024. "Silicon Valley Bank Demise: Causes and the Path Forward" Review of Corporate Finance (4:3-4), forthcoming.

• Murtinu, Sam, 2024. "Bank-Affiliated Venture Capital Funds: Portfolio Selection, Strategic Objectives, Performance and Exit" Review of Corporate Finance (4:3-4), forthcoming.

• O'Connor Keefe, Michael, & Bernard Tawiah, 2024. "Cash Holdings and Corporate Investment: Evidence from COVID-19" Review of Corporate Finance (4:3-4), forthcoming.

• Lartey, Theophilus, Albert Danso, Moshfique Uddin, & Agyenim Boateng, 2024. "Impacts of disease pandemics on corporate cash holdings: Evidence from US firms"  Review of Corporate Finance (4:3-4), forthcoming. Title Page;  Online Appendix

• Billio, Monica, Maurizio Murgia, & Silvio Vismara  2024. "Sustainable and climate finance: an integrative framework from corporates to markets and society" Review of Corporate Finance (4:1-2), 1-16.  Online Appendix http://dx.doi.org/10.1561/114.00000058

• Fiordelisi, Franco, Giuseppe Galloppo, & Viktoriia Paimanova  2024. "Climate Change Fears: Natural Disasters and Investor Behaviour" Review of Corporate Finance (4:1-2), 17-45. [Title page here] http://dx.doi.org/10.1561/114.00000059

• El Ghoul, Sadok, Omrane Guedhami, Huan Kuang, and Ying Zheng, 2024. "Does Climate Change Exposure Matter to Stakeholders? Evidence from the Costs of High Leverage", Review of Corporate Finance (4:1-2), 47-87.  Online Appendix http://dx.doi.org/10.1561/114.00000060

  • Please see this news story on the paper!

  • https://theconversation.com/climate-change-hits-indebted-businesses-hardest-new-research-suggests-214559 

• Koskinen, Yrjo, Hao Lu, and Nga Nguyen, 2024.  "Stakeholder Orientation, Environmental Performance and Financial Benefits", Review of Corporate Finance (4:1-2), 89-125.  Online Appendix http://dx.doi.org/10.1561/114.00000061

• Heo, Yuna, 2024. Climate Change, Bank Fragility, and Systemic Risk. Review of Corporate Finance (4:1-2), 127-150.  Online Appendix  http://dx.doi.org/10.1561/114.00000062

• Giacchetta, Gianandrea, & Rosella Giacometti, 2024. Measuring European Banks’ Exposure To Climate Risk. Review of Corporate Finance (4:1-2), 151-176.  Online Appendix  http://dx.doi.org/10.1561/114.00000063

• Livieri, Giulia, Davide Radi, & Elia Smaniotto, 2024. Pricing Transition Risk with a Jump-Diffusion Credit Risk Model: Evidence from the CDS market. Review of Corporate Finance (4:1-2), 177-202. Online Appendix http://dx.doi.org/10.1561/114.00000064

• Corbet, Shaen, 2023. "Introduction to the Review of Corporate Finance, Special Issue on 'Cryptocurrencies and Monetary Policy'" Review of Corporate Finance 3(4), 481-486. http://dx.doi.org/10.1561/114.00000048.

• Corbet, Shaen, & Les Oxley, 2023. “Investigating the Academic Response to Cryptocurrencies: Insights from Research Diversification as Separated by Journal Ranking” Review of Corporate Finance 3(4),  487-528. http://dx.doi.org/10.1561/114.00000049.

• Urquhart, Andrew, & Pengfei Wang 2023.  "No Cryptocurrency Experience Required: Managerial Characteristics in Cryptocurrency Fund Performance" Review of Corporate Finance 3(4), 529-569. http://dx.doi.org/10.1561/114.00000050.  Title page

• Goodell, John W., Andrea Paltrinieri, & Stefano Piserà, 2023. "Comparing search-engine intensity and regulatory attention impacts on cryptocurrencies: Uncovering important heterogeneities" Review of Corporate Finance 3(4), 571-595. http://dx.doi.org/10.1561/114.00000051.

• Corbet, Shaen, Megan Greene, & Charles Larkin, 2023.  "The Impact of Central Bank Digital Currency (CBDC) Development on Cryptocurrency: A Taxonomic Analysis" Review of Corporate Finance 3(4), 597-626. http://dx.doi.org/10.1561/114.00000052.

• Bellavitis, Cristiano, Christian Fisch and Silvio Vismara, 2023. "Monetary policy and venture capital markets" Review of Corporate Finance 3(4), 627-662. http://dx.doi.org/10.1561/114.00000053.

• Girardone, Claudia, & Ornella Ricci, 2023. "Emerging Issues in Banking," Review of Corporate Finance 3(3),  245-273. http://dx.doi.org/10.1561/114.00000041.

• Berger, Allen N., Tanakorn Makaew, & Rima Turk-Ariss, 2023. "Who Pays for Financial Crises? Price and Quantity Rationing of Publicly-Listed and Privately-Held Borrowers," Review of Corporate Finance 3(3), 275-327. http://dx.doi.org/10.1561/114.00000042.

  • • Winner of the 2023 Review of Corporate Finance $1000 Best Paper Award 

    • Award Presentation Slides from the 2023 Boca-ECGI Corporate Finance and Governance Conference

• Ayadi, Rym, Paola Bongini, Barbara Casu, & Doriana Cucinelli, , 2023. "Bank business models in MENA and African countries: the relevance of contextual variables" Review of Corporate Finance 3(3), 329-359. http://dx.doi.org/10.1561/114.00000043.  [Title page here]

• Chronopoulos,  Dimitris, Edie Erman Che Johari, Anna Sobiech, & John Wilson, 2023. "Payouts and Future Bank Profitability: The Role of Capital Distribution Plans" Review of Corporate Finance 3(3), 361-387. http://dx.doi.org/10.1561/114.00000044.  [Title page here]

• Abdallah, Bashar, & Francisco Rodriguez-Fernandez, 2023. "Global Banking Performance in the Time of COVID-19: Impact on Commercial and Islamic Banks" Review of Corporate Finance 3(3), 389-416. http://dx.doi.org/10.1561/114.00000045.

• Papadimitri, Panagiota, & Fotios Pasiouras, 2023. "Political connections and banking industry   performance: A cross-country analysis" Review of Corporate Finance 3(3), 417-450. http://dx.doi.org/10.1561/114.00000046.

• Maddaloni, Angela, & Giulia Scardozzi, 2023. "The effects of the new European bank resolution framework" Review of Corporate Finance 3(3), 451-480. http://dx.doi.org/10.1561/114.00000047.

• Falconieri, Sonia, & Maimuna Akter 2023. Gender Diversity and beyond in Corporate Finance: Where Do We Stand? Review of Corporate Finance 3(1-2), 1-33. http://dx.doi.org/10.1561/114.00000034.  

• Adams, Renee, & Jing Xu, 2023.  "The Inequality of Finance" Review of Corporate Finance 3(1-2), 35-68. http://dx.doi.org/10.1561/114.00000035.

• Strøm, Øystein, Bert D’Espallier, & Roy Mersland, 2023. "Female leaders and financial inclusion: Evidence from microfinance institutions" Review of Corporate Finance 3(1-2), 69-97. http://dx.doi.org/10.1561/114.00000036. 

• Do, Quynh, Ngan Duong Cao, Dimitrios Gounopoulos, David Newton, 2023. "Environmental Concern, Regulations and Board Diversity" Review of Corporate Finance 3(1-2), 99-148. http://dx.doi.org/10.1561/114.00000037.

• Casu, B., A. Gallo, E. Kalotychou, and A. Sarkisyan, 2023. "Bank Misconduct, Board Diversity and CEO Turnover" Review of Corporate Finance 3(1-2),149-174. http://dx.doi.org/10.1561/114.00000038.

• Dimungu-Hewage, Dilrukshi, & Jannine Poletti-Hughes, 2023. "Does board diversity decrease corporate fraud? International evidence from family vs. non-family firms" Review of Corporate Finance 3(1-2), 175-211. http://dx.doi.org/10.1561/114.00000039. 

• De Amicis, Chiara, & Sonia Falconieri, 2023.  "Managerial diversity and Corporate Communication in Periods of Crisis" Review of Corporate Finance 3(1-2), 213-244. http://dx.doi.org/10.1561/114.00000040.

• Wu, Zhenyu, & Li Yu, 2022. "Corporate Finance and Family Firms" Review of Corporate Finance 2( 4): 663-677. http://dx.doi.org/10.1561/114.00000026.

• Anderson, Ronald, Masud Karim, Nan Li, & David M. Reeb, 2022. "The Family Firm Ownership Puzzle" Review of Corporate Finance 2(4), 679-720. http://dx.doi.org/10.1561/114.00000027.

  • Winner of the 2022 Review of Corporate Finance $1000 Best Paper Award 

  • Award Presentation Slides from the 2022 Boca Corporate Finance and Governance Conference

• Skorodziyevskiy, Vitaliy, Hanqing “Chevy” Fang, Esra Memili, & James J. Chrisman, "The Impact of Governance Structure on the Performance of Small Family and Nonfamily Firms: The Moderating Role of Firm Age" Review of Corporate Finance 2(4), 721-743. http://dx.doi.org/10.1561/114.00000028.

• Bas, Tugba, Yaz Gulnur Muradoglu, & Kate Phylaktis, 2022.  "Capital Structures of Small Family Firms in Developing Countries" Review of Corporate Finance 2(4), 745-790. http://dx.doi.org/10.1561/114.00000029.

• Osakwe, Carlton, Jess Chua, & James J. Chrisman, 2022. "Asset Market Equilibrium and Family Firm Cost of Capital: Implications for Corporate Finance" Review of Corporate Finance 2(4), 791-817. http://dx.doi.org/10.1561/114.00000030.

• Ding, Rong, Mingzhi Liu, Yuan Wang, & Zhenyu Wu, 2022. "Can Family Involvement Be a Substitute for Executive Inside Debt in Lowering the Cost of Bank Loans? A Behavioral Agency Perspective" Review of Corporate Finance 2(4), 819-860. http://dx.doi.org/10.1561/114.00000031.

• Gao, Jijun, Mingzhi Liu, Yefeng Wang, 2022. "Diversity in Family Business:  Where Social Goals Collide with Family Socioemotional Wealth" Review of Corporate Finance 2(4), 861-884. http://dx.doi.org/10.1561/114.00000032.

• Sun, Yuying, 2022.  "Book Review: A Review of Family Business in China" Review of Corporate Finance 2(4), 885-888. http://dx.doi.org/10.1561/114.00000033.

• Dai, Na, 2022. Empirical Research on Private Equity Funds: A Review of the Past Decade and Future Research Opportunities, Review of Corporate Finance 2(3), 427-450. http://dx.doi.org/10.1561/114.00000020.

• Fuchs, Florian, Roland Füss, Tim Jenkinson, & Stefan Morkoetter, 2022. "Should Investors Care Where Private Equity Managers Went To School?" Review of Corporate Finance 2(3), 451-492. http://dx.doi.org/10.1561/114.00000021. 

• Smith, Erin E., Janet Kiholm Smith, & Richard L. Smith, 2022 "Bias in the Reporting of Venture Capital Performance: The Disciplinary Role of FOIA" Review of Corporate Finance 2(3),  493-525. http://dx.doi.org/10.1561/114.00000022.

• Koenig, Lukas, & Burghof, Hans-Peter, 2022. "The Investment Style Drift Puzzle and Risk-Taking in Venture Capital"  Review of Corporate Finance 2(3), 527-585. http://dx.doi.org/10.1561/114.00000023.

• Bianchini, Roberto, & Annalisa Croce, 2022. "The Role of Environmental Policies in Promoting Venture Capital Investments in Cleantech Companies" Review of Corporate Finance 2(3), 587-616. http://dx.doi.org/10.1561/114.00000024.

• Robinson, Michael, 2022. "Factors Impacting Entrepreneurial Success in Accelerators: Revealed Preferences of Sophisticated Mentors." Review of Corporate Finance 2(3), 617-661. http://dx.doi.org/10.1561/114.00000025.

• Chemmanur, Thomas J., Yingmei Cheng, Yuxin Wu, & Tianming Zhang, 2022. "Why Do Firms Undertake Accelerated Share Repurchase Programs?" Review of Corporate Finance 2(2), 191-234.  http://dx.doi.org/10.1561/114.00000017

• Dong, Feng, & John Doukas, 2022. "The Effect of Corporate Investment Efficiency on Cross-Border M&As" Review of Corporate Finance 2(2), 235-294.  http://dx.doi.org/10.1561/114.00000015

• Zhang, John F., 2022.  "Cultural diversity and capital structures of multinational firms" Review of Corporate Finance 2(2), 295-351.  [Online Appendix] http://dx.doi.org/10.1561/114.00000016

• Chen, Haiwei, & Thanh Ngo, 2022. "Mandatory Cash Distribution as One Stone for Two Birds: Curtailing the Agency Problem and Protecting Minority Shareholders" Review of Corporate Finance 2(2), 353-392. http://dx.doi.org/10.1561/114.00000019

• Gupta, Manish, 2022. "Asset Tangibility, Corporate Decisions, and Cash Flow Shocks: Evidence from the REIT Modernization" Review of Corporate Finance 2(2), 393-426.  [Title Page]  [Online Appendix] http://dx.doi.org/10.1561/114.00000018

• Chowdhury, Rajib, & John Doukas, 2022.  "Are CEOs to Blame for Corporate Failure? Evidence from Chapter 11 Fillings" Review of Corporate Finance 2(1), 1-63. http://dx.doi.org/10.1561/114.00000011.

• Barbalau, Adelina, Mark R. Huson, & Lukas Roth, 2022. "Cash Holdings and Access to External Finance: Evidence from the Bank Loan Market" Review of Corporate Finance 2(1), 65-97. http://dx.doi.org/10.1561/114.00000013. 

• Bai, Min, & Chia-Feng (Jeffrey) Yu , 2022. "Rookie Directors and Corporate Fraud", Review of Corporate Finance 2(1), 99-150. http://dx.doi.org/10.1561/114.00000012. 

• Corbet, Shaen, Yang (Greg) Hou, & Les Oxley, 2022.  "We Reddit in a forum: The influence of message boards on firm stability" Review of Corporate Finance 2(1), 151-190. http://dx.doi.org/10.1561/114.00000014. 

• Allen, Franklin, Xian Gu, & Julapa Jagtiani, 2021. "A Survey of Fintech Research and Policy Discussion" Review of Corporate Finance 1 (3-4), 259-339.  http://dx.doi.org/10.1561/114.00000007.  

  • Winner of the 2021 Review of Corporate Finance $1000 Best Paper Award 

  • 2021 RCF Best Paper Award $1,000 Plaque

• Coakley, Jerry, & Aristogenis Lazos, 2021. “New developments in equity crowdfunding: A review”  Review of Corporate Finance 1 (3-4), 341-405. http://dx.doi.org/10.1561/114.00000008. 

• Rossi, Alice, Tom Vanacker, & Silvio Vismara, 2021. "Equity crowdfunding: New evidence from US and UK markets" Review of Corporate Finance 1 (3-4), 407-453.  http://dx.doi.org/10.1561/114.00000009. 

• Philippi, Stephan, Monika Schuhmacher, & Nicolai Bastian, 2021. "Attracting Investors in Initial Coin Offerings: The Relevance of Specific Technological Capabilities for Fundraising Success" Review of Corporate Finance 1 (3-4), 455-485. http://dx.doi.org/10.1561/114.00000010. 

• Berger, Allen, Sadok El Ghoul, Omrane Guedhami, & Jiarui (Jerry) Guo, 2021. "Corporate Capital Structure and Firm Value: International Evidence on the Special Roles of Bank Debt" Review of Corporate Finance 1 (1-2), 1-41 http://dx.doi.org/10.1561/114.00000001.

• Nihat Aktas, Ettore Croci, Oguzhan Ozbas, & Dimitris Petmezas, 2021. "Executive Compensation and Deployment of Corporate Resources: Evidence from Working Capital" Review of Corporate Finance 1 (1-2), 43-80. http://dx.doi.org/10.1561/114.00000002.

• Ali-Rind, Asad, Sabri Boubaker, & Viet Anh Dang, 2021. “Is there mimicking behavior in firms’ trade credit decisions?” Review of Corporate Finance 1 (1-2), 81-134. http://dx.doi.org/10.1561/114.00000003.

• Mollah,  Sabur, Michael Skully, & Eva Liljeblom, 2021.  "Strong Boards and Risk-taking in Islamic Banks" Review of Corporate Finance 1 (1-2), 135-180.  http://dx.doi.org/10.1561/114.00000004.

• Damtsa, Stella Mourouzidou, Andreas Milidonis, & Konstantinos Stathopoulos, 2021. “National Culture and Bank Deposits” Review of Corporate Finance 1 (1-2), 181-221. http://dx.doi.org/10.1561/114.00000005. 

• Boubakri, Narjess, Ruiyuan (Ryan) Chen, Sadok El Ghoul, & Omrane Guedhami, 2021. "State Ownership and Debt Structure" Review of Corporate Finance 1 (1-2), 223-257.  http://dx.doi.org/10.1561/114.00000006.