Sara E. Shirley

I am an Associate Professor of Finance at the Jones College of Business at Middle Tennessee State University. My primary research interest is in mutual funds and exchange traded funds (ETFs).

Curriculum Vitae

MTSU Faculty Website

Select Working Papers

Impact of climate risk across boarders

with David Rakowski and Jeffrey R. Stark

Actively managed ETFs and daily reported holdings

with Jon Fulkerson, Tim Riley and Jeffrey R. Stark

Task oriented speech in earnings conference calls and information processing

with Vineet Bhagwat and Jeffrey R. Stark

Refereed Journal Articles

“Gender, learning, and earnings estimate accuracy” with Vineet Bhagwat and Jeffrey R. Stark

Journal of Financial Markets (forthcoming)

“Finding information in obvious places: Work connections and mutual fund investment ideas” with Egeman Genc, Jeffrey R. Stark and Hai Tran

Journal of Financial Markets (forthcoming)

“ETFs and internationally-focused mutual fund portfolios” with D. Eli Sherrill and Jeffrey R. Stark

Quarterly Journal of Finance, 11, 1-35, 2021.

“Twitter activity, investor attention, and the diffusion of information” with David Rakowski and Jeffrey R. Stark

Financial Management, 50: 3-46, 2021.

“ETF use among actively managed mutual fund portfolios” with D. Eli Sherrill and Jeffrey R. Stark

Journal of Financial Markets, 51:1-15, 2020.

“What drives the market for Exchange-Traded Notes?” with David Rakowski

Journal of Banking and Finance, 111, 1-17, 2020.

“Actively managed mutual funds holding passive investments: What do ETF positions tell us about mutual fund ability?” with D. Eli Sherrill and Jeffrey R. Stark

Journal of Banking and Finance 76, 48 – 64, 2017.

“Tail-risk hedging, dividend chasing, and investment constraints: The use of exchange traded notes by mutual funds” with David Rakowski and Jeffrey R. Stark

Journal of Empirical Finance, 44, 91-107, 2017.

“Why do fund families release underperforming incubated mutual funds?” with Jeffrey R. Stark

Financial Management 45, 507 – 528, 2016. Lead Article

“ETFs within a mutual fund's portfolio” with D. E. Sherrill and Jeffrey R. Stark