Finance

R. Brooks, Patel, A., and Su, T., “How the Equity Market Responds to Unanticipated Events”, Journal of Business, vol. 76, no. 1, pp. 109-133, 2003.
R. Brooks, May, D. O., and Mishra, C., “The Performance of Firms Before and After They Adopt Accounting-Based Performance Plans”, Quarterly Review of Economics and Finance, vol. 41, no. 2, pp. 205-222, 2001.
R. Brooks and Mishra, C., “A Statistical Assessment of Accounting-Based Performance Plans”, World at Work Journal, vol. 9, no. 2, pp. 68-73, 2000.
R. Brooks and Patel, A., “Information Conveyed by Seasoned Security Offerings: Evidence from Components of the Bid-Ask Spread”, Review of Financial Economics, vol. 9, no. 2, pp. 83-99, 2000.
R. Brooks, Park, J., and Su, T., “Large Price Movements and Short-Lived Changes in Spreads, Volume, and Selling Pressure”, Quarterly Review of Economics and Finance, vol. 39, no. 2, pp. 303-316, 1999.
R. Brooks and Su, T., “A Simple Cost Reduction Strategy for Liquidity Traders: Trade at the Opening”, Journal of Financial and Quantitative Analysis, vol. 32, no. 4, pp. 525-540, 1997.
R. Brooks and Johnson, M. F., “CEO Presentations to Financial Analysts: Much Ado About Nothing?”, Financial Practice and Education, vol. 7, no. 2, pp. 19-28, 1997.
R. Brooks and Kim, H., “The Individual Investor and the Weekend Effect: A Reexamination with Intraday Data”, Quarterly Review of Economics and Finance, vol. 37, no. 3, pp. 725-737, 1997.
R. Brooks, “Changes in Asymmetric Information at Earnings and Dividend Announcements”, Journal of Business Finance and Accounting, vol. 23, no. 3, pp. 359-378, 1996.
R. Brooks and Masson, J., “Performance of Stoll's Spread Component Estimator: Evidence from Simultaions, Time-Series, and Cross-Sectional Data”, Journal of Financial Research, vol. 29, no. 4, pp. 459-476, 1996.
R. Brooks and Chiou, S. - N., “A Bias in Closing Prices: The Case of the When Issued Anomaly”, Journal of Financial and Quantitative Analysis, vol. 30, no. 3, pp. 441-454, 1995.
R. Brooks, “Bid-Ask Spread Components Around Anticipated Announcements”, Journal of Financial Research, vol. 27, no. 3, pp. 375-386, 1994.
R. Brooks, “Dividen Predicting Using Put-Call Parity”, International Review of Economics and Finance, vol. 3, no. 4, pp. 373-392, 1994.
J. Chen, Shao, R., and Fan, S., “Destabilization and Consolidation: Conceptualizing, Measuring, and Validating the Dual Characteristics of Technology”, Research Policy, vol. 50, no. 1, pp. 104-115, 2021.
J. Deng and Yang, J., “Corporate Reputation and Hedging Activities”, Accounting and Finance, vol. 63, no. S1, pp. 1223-1247, 2023.
J. Elston, Zhang, Y., Chen, K. - H., and Chen, P. - H., “Are Family Firms More Efficient? Revisiting the U-Shaped Curve of Firm Scale and Efficiency”, Small Business Economics, 2023.
J. Elston and Weidinger, A. Konrad, “An Empirical Examination of Firm Growth in the MENA Region: Through the Lens of Gibrat's Law”, Small Business Economics, vol. 60, no. 1, pp. 121-131, 2022.
J. Elston, “Corporate Governance: What We Know And Don't Know”, Journal of Industrial and Business Economics, 2019.
J. Elston and Weidinger, A., “Internationalization and Regional Entrepreneurship in China”, Small Business Economics, 2019.
J. Elston and Alon, I., “Business Cultural Intelligence Quotient: A Five-Country Study”, Thunderbird International Business Review, 2016.
J. Elston, “Evidence on the Dynamic Nature of Executive Compensation and Corporate Governance in China”, International Journal of Corporate Governance, vol. 7, no. 3, 2016.
J. Elston, Chen, S., and Weidinger, A., “The role of informal capital on new venture formation and growth in China”, Small Business Economics, vol. 46, no. 1, pp. 79-91, 2016.
J. Elston, Rondi, L., and Bhattacharyya, N., “Executive Compensation and Agency Issues in Italy”, International Journal of Corporate Governance, vol. 5, no. 3/4, 2014.
J. Elston and Chen, S., “Entrepreneurial motives and characteristics: An analysis of small restaurant owners”, International Journal of Hospitality Management, vol. 35, pp. 294-305, 2013.
J. Elston and Bhattacharyya, N., “Dividends, Executive Compensation, and Agency Costs: Empirical Evidence From Germany”, Journal of Accounting and Finance, vol. 11, no. 1, pp. 11-20, 2011.
J. Elston and Audretsch, D. B., “Financing the Entrepreneurial Decision: An Empirical Approach Using Experimental Data on US High Technology Entrepreneurs”, Small Business Economics, vol. 36, no. 2, pp. 209-222, 2011.
J. Elston, “Risk Attitudes, Wealth and Sources of Entrepreneurial Start-up Capital”, Journal of Economic Behavior and Organization, vol. 76, no. 1, pp. 82-89, 2010.
J. Elston and Yang, J., “Venture Capital, Ownership Structure, Accounting Standards and IPO Underpricing: Evidence from Germany”, Journal of Economics and Business, vol. 62, no. Special Issue, pp. 517-536, 2010.
J. Elston and Rondi, L., “Corporate Governance and Capital Accumulation: Firm Level Evidence from Italy”, Scottish Journal of Political Economy, vol. 56, no. 6, pp. 634-661, 2009.
J. Elston and Rondi, L., “Shareholder Protection and the Cost of Capital: Evidence from German and Italian Firms”, Statistica Applicata (Italian Journal of Applied Statistics), vol. 18, no. 2, pp. 153-172, 2007.
D. B. Audretsch and Elston, J., “Can Institutional Change Impact High-Technology Firm Growth: Evidence from Germany's Neuer Markt”, Journal of Productivity Analysis, vol. 25, no. 1, pp. 9-23, 2006.
R. S. Chirinko and Elston, J., “Finance, Control and Profitability: An Evaluation of German Bank Influence”, Journal of Economic Behavior and Organization, vol. 59, no. 1, pp. 69-88, 2006.
J. Elston, “Bank Influence, Firm Performance and Survival”, Corporate Ownership and Control, vol. 1, no. 2, pp. 65-71, 2004.
J. Elston and Goldberg, L., “Executive Compensation and Agency Costs in Germany”, Journal of Banking & Finance, vol. 27, no. 7, pp. 1391-1410, 2003.
S. Bond, Elston, J., Mairesse, J., and Mulkay, B., “Financial Factors and Investment in Belgium, France, Germany, and the United Kingdom: A Comparison Using Company Panel Data”, Review of Economics and Statistics, vol. 85, no. 1, pp. 153-165, 2003.
R. Agarwal and Elston, J., “Bank-firm relationships, financing and firm performance in Germany”, Economic Letters, vol. 72, no. 2, pp. 225-232, 2001.
D. B. Audretsch and Elston, J., “Does firm size matter? Evidence on the impact of liquidity constraints on firm investment behavior in Germany”, International Journal of Industrial Organization, vol. 20, no. 1, pp. 1-17, 2001.
J. Elston, “Market Linkages Between the US and Japan: An Application to the Fisheries Industry”, Japan and the World Economy, vol. 11, no. 4, pp. 517-530, 1999.
D. Audretsch and Elston, J., “Financing the German Mittelstand”, Small Business Economics, vol. 9, no. 2, pp. 97-110, 1997.
J. Elston, “Dividend policy and investment: Theory and evidence from US panel data”, Managerial and Decision Economics, vol. 17, no. 3, pp. 267-275, 1996.
D. Audretsch and Elston, J., “Le Financement de la Mittelstand Allemande”, Revue Internationale : Petite et Moyenne Enterprise (PME), vol. 8, no. 3-4, pp. 121-147, 1996.
J. Elston, “Banks, Finance and Investment in German: A Review Article”, Small Business Economics, vol. 7, no. 6, pp. 475-479, 1995.
J. Elston and Albach, H., “Bank Affiliations and Firm Capital Investment in Germany”, IFO Studien: Zeitschrift fur Empirische Wirtschaftsforschung, vol. 1, pp. 1-15, 1994.
J. Chen, Shao, R., and Fan, S., “Destabilization and Consolidation: Conceptualizing, Measuring, and Validating the Dual Characteristics of Technology”, Research Policy, vol. 50, no. 1, pp. 104-115, 2021.
B. Gibbons, “Public Information and Venture Capital Investment”, Journal of Financial and Quantitative Analysis, 2021.
B. Gibbons, Iliev, P., and Kalodimos, J., “Analyst Information Acquisition via EDGAR”, Management Science, 2020.
S. He, Chemmanur, T., He, J., and Nandy, D., “Product Market Characteristics and the Choice between IPOs and Acquisitions”, Journal of Financial and Quantitative Analysis, 2018.
S. He and Lei, C. W., “Human Capital, Management Quality, and the Exit Decisions of Entrepreneurial Firms”, Journal of Financial and Quantitative Analysis, vol. 51, 2016.
S. He and Chemmanur, T. J., “Institutional Trading, Information Production, and Corporate Spin-offs”, Journal of Corporate Finance, vol. 38, 2016.
P. - H. Hsieh and Yang, J., “A censored stochastic volatility approach to the estimation of price limit moves”, Journal of Empirical Finance, vol. 16, no. 2, pp. 337-351, 2009.
P. - H. Hsieh, Kim, Y. H., and Yang, J., “The magnet effect of price limits: a logit approach”, Journal of Empirical Finance, vol. 16, no. 5, pp. 830-837, 2009.
B. Gibbons, Iliev, P., and Kalodimos, J., “Analyst Information Acquisition via EDGAR”, Management Science, 2020.
J. Kalodimos and Leavitt, K., “Experimental Shareholder Activism: A Novel Approach to Organizational Research”, Journal of Vocational Behavior, vol. 120, 2020.
T. Bhandari, Iliev, P., and Kalodimos, J., “Governance Changes through Shareholder Initiatives: The Case of Proxy Access”, Journal of Financial and Quantitative Analysis, 2020.
R. Silberzahn, Uhlmann, E., Martin, D., Anselmi, P., Aust, F., Awtrey, E., Bahník, S., Bai, F., Bannard, C., Bonnier, E., Carlsson, R., Cheung, F., Christensen, G., Clay, R., Craig, M., Rosa, A., Dam, L., Evans, M., Cervantes, I., Fong, N., Gamez-Djokic, M., Glenz, A., Gordon-McKeon, S., Heaton, T., Eriksson, K., Heene, M., Mohr, A., Högden, F., Hui, K., Johannesson, M., Kalodimos, J., Kaszubowski, E., Kennedy, D., Lei, R., Lindsay, T., Liverani, S., Madan, C., Molden, D., Molleman, E., Morey, R., Mulder, L., Nijstad, B., Pope, B., Pope, N., Prenoveau, J., Rink, F., Robusto, E., Roderique, H., Sandberg, A., Schlueter, E., Schönbrodt, F., Sherman, M., Sommer, S., Sotak, K., Spain, S., Spörlein, C., Stafford, T., Stefanutti, L., Täuber, S., Ullrich, J., Vianello, M., Wagenmakers, E., Witkowiak, M., Yoon, S., and Nosek, B., “Many analysts, one dataset: Making transparent how variations in analytical choices affect results”, Advances in Methods and Practices in Psychological Science, 2018.
J. Kalodimos, “Internal Governance and Performance: Evidence From When External Discipline is Weak”, Journal of Corporate Finance, vol. 43, pp. 193-216, 2017.
J. Kalodimos and Lundberg, C., “Shareholder Rights in Mergers and Acquisitions: Are Appraisal Rights Being Abused?”, Finance Research Letters, 2017.
J. Kalodimos, Gilbert, T., Hrdlicka, C., and Siegel, S., “Daily Data is Bad for Beta: Opacity and Frequency-Dependent Betas”, Review of Asset Pricing Studies, 2014.
J. Kalodimos and Leavitt, K., “Experimental Shareholder Activism: A Novel Approach to Organizational Research”, Journal of Vocational Behavior, vol. 120, 2020.
P. Mathew, Takahashi, H., and Yamakawa, Y., “Board members' influence on resource investments to start-ups and IPO outcomes: Does prior affiliation matter?”, Pacific-Basin Finance Journal, vol. 49, no. June 2018, pp. 30-42, 2018.
P. Mathew and H. Yildirim, S., “Does Director Affiliation Lead to Analyst Bias?”, Applied Economics, vol. 47, no. 3, pp. 272-287, 2015.
R. Brooks, Mathew, P., and Yang, J., “When-issued trading in the Indian IPO market”, Journal of Financial Markets, vol. 19, pp. 170-196, 2014.
C. Hughen and Mathew, P., “The efficiency of international information flow: Evidence from the ETF and CEF Prices”, International Review of Financial Analysis, vol. 18, no. 1-2, pp. 40-49, 2009.
P. Neeliah-Chinniah, Mathew, P., and Yildirim, S., “The Value of Stability Ratings to the Canadian Income Trust Market”, Applied Financial Economics, vol. 18, no. 18, pp. 1465-1474, 2008.
P. Mathew, Michayluk, D., and Kofman, P., “Are Foreign Issuers Complying with Regulation Fair Disclosure?”, Journal of International Financial Markets, Institutions and Money, vol. 17, no. 3, pp. 246-260, 2007.
S. Findlay and Mathew, P., “An Examination of the Differential Impact of Regulation FD on Analysts' Forecast Accuracy”, Financial Review, vol. 41, no. 1, pp. 9-31, 2006.
J. C. Hughen, Mathew, P., and Ragan, K., “A NAV a Day Keeps the Inefficiency Away? Fund Trading Strategies using Daily Values”, Financial Services Review, vol. 14, pp. 213-230, 2005.
C. J. Hughen, Mathew, P., and Ragan, K. P., “The Effects of Market Inefficiencies on Trading Strategies for Country Funds”, International Journal of Finance, vol. 16, no. 2, pp. 2964-84, 2005.
P. Mathew, Hughen, C., and Ragan, K., “A Re-examination of Information Flow in Financial Markets: The Impact of Reg FD and Decimalization”, Quarterly Journal of Finance and Accounting, vol. 43, no. 1-2, pp. 123-147, 2004.
N. Hibara and Mathew, P., “Grandstanding and Venture Capital Firms in Newly Established IPO Markets”, Journal of Entrepreneurial Finance, 2004.
J. Angel, Brooks, R., and Mathew, P., “When-Issued Shares, Small Trades and the Variance of Returns around Stock Splits”, Journal of Financial Research, vol. 27, no. 3, pp. 415-433, 2004.
P. Mathew, “Long-Horizon Seasoned Equity Performance in the Pacific Rim Financial Markets”, Review of Financial Economics, vol. 11, no. 4, pp. 317-333, 2002.
J. Elston and Weidinger, A., “Internationalization and Regional Entrepreneurship in China”, Small Business Economics, 2019.
J. Elston, Chen, S., and Weidinger, A., “The role of informal capital on new venture formation and growth in China”, Small Business Economics, vol. 46, no. 1, pp. 79-91, 2016.
J. Deng and Yang, J., “Corporate Reputation and Hedging Activities”, Accounting and Finance, vol. 63, no. S1, pp. 1223-1247, 2023.
H. - G. Huang, Tsai, W. - C., Weng, P. - S., and Yang, J., “Intraday Momentum in the VIX Futures Market”, Journal of Banking & Finance, vol. 148, p. 106746, 2023.
W. Hung, Lin, C. - T., and Yang, J., “Aggregate 52-week high, limited attention, and time-varying momentum profits”, Journal of Banking & Finance, vol. 141, p. 106531, 2022.
Y. Fang, Yuan, J., Yang, J., and Ying, S., “Crash-Based Quantitative Trading Strategies: Perspective of Behavioral Finance”, Finance Research Letters, vol. 45, p. 102185, 2022.
J. - C. Hung, Liu, H. - C., and Yang, J., “Does the tail risk index matter in forecasting downside risk?”, International Journal of Finance and Economics, pp. 1-16, 2022.
C. - C. Teng, Li, S., and Yang, J., “Family control, external governance mechanisms, and dividend payouts”, Quarterly Review of Economics and Finance, vol. 79, pp. 198-209, 2021.
C. - C. Teng and Yang, J., “Media exposure on corporate social irresponsibility and firm performance”, Pacific-Basin Finance Journal, vol. 68, 2021.
R. Chou, Wang, Y. - C., and Yang, J., “Share Pledging, Payout Policy, and the Value of Cash Holdings”, Journal of Empirical Finance, vol. 61, no. March, pp. 18-33, 2021.
H. - I. Ting, Wang, M. - C., Yang, J., and Tuan, K. - W., “Technical expert CEOs and corporate innovation”, Pacific-Basin Finance Journal, vol. 68, 2021.
Y. - L. Chen and Yang, J., “Trader Positions in VIX Futures”, Journal of Empirical Finance, vol. 61, no. March, pp. 1-17, 2021.
J. - C. Hung, Liu, H. - C., and Yang, J., “Trading activity and price discovery in Bitcoin futures markets”, Journal of Empirical Finance, vol. 62, no. June, pp. 107-120, 2021.
Y. - K. Chang, Chou, R. K., and Yang, J., “A rare move: the effects of switching from a closing call auction to a continuous trading”, The Journal of Futures Markets, vol. 40, no. 3, pp. 308-328, 2020.
K. - S. Chen and Yang, J., “Housing Price Dynamics, Mortgage Credit and Reverse Mortgage Demand: Theory and Empirical Evidence”, Real Estate Economics, vol. 48, no. 2, pp. 599-632, 2020.
J. - C. Hung, Liu, H. - C., and Yang, J., “Improving the realized GARCH's volatility forecast for Bitcoin with jump-robust estimators”, North American Journal of Economics and Finance, vol. 52, pp. 101-165, 2020.
C. - C. Teng and Yang, J., “Chinese Lunar New Year Effect, Investor Sentiment, and Market Deregulation”, Finance Research Letters, vol. 27, pp. 175-184, 2018.
W. Hung and Yang, J., “The MAX Effect: Lottery Stocks with Price Limits and Limits to Arbitrage”, Journal of Financial Markets, vol. 41, pp. 77-91, 2018.
R. Brooks, Kim, Y. H., and Yang, J., “What makes when-issued trading attractive to financial markets?”, Financial Markets, Institutions and Instruments, vol. 23, no. 5, pp. 245-271, 2014.
R. Brooks, Mathew, P., and Yang, J., “When-issued trading in the Indian IPO market”, Journal of Financial Markets, vol. 19, pp. 170-196, 2014.
D. Berger, Pukthuanthong, K., and Yang, J., “Is the diversification benefit of frontier markets realizable by mean-variance investors? The evidence of investable funds”, Journal of Portfolio Management, vol. 39, pp. 36-48, 2013.
K. Kim, Liu, H., and Yang, J., “Reconsidering Price Limit Effectiveness”, Journal of Financial Research, vol. 36, no. 4, pp. 493-518, 2013.
L. Dang and Yang, J., “The choice between rights and underwritten equity offerings: Evidence from Chinese Stock Markets”, Journal of Multinational Financial Management, vol. 23, no. 3, pp. 235-253, 2013.
R. Brooks and Yang, J., “Emerging from bankruptcy with when-issued trading”, Financial Review, vol. 47, pp. 445-467, 2012.
D. Berger, Pukthuanthong, K., and Yang, J., “International diversification with frontier markets”, Journal of Financial Economics, vol. 101, no. 1, pp. 227-242, 2011.
Y. Liu and Yang, J., “Private Debt, Unused Credit Lines, and Seasoned Equity Offerings”, Quarterly Review of Economics and Finance, vol. 51, no. 4, pp. 376-388, 2011.
J. Elston and Yang, J., “Venture Capital, Ownership Structure, Accounting Standards and IPO Underpricing: Evidence from Germany”, Journal of Economics and Business, vol. 62, no. Special Issue, pp. 517-536, 2010.
P. - H. Hsieh and Yang, J., “A censored stochastic volatility approach to the estimation of price limit moves”, Journal of Empirical Finance, vol. 16, no. 2, pp. 337-351, 2009.

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