Academic Research Insight

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Academic Research Insight: Surprise! Seeking Alpha Opinions Have Investment Value

By | 2018-01-16T11:56:26+00:00 January 16th, 2018|Basilico, Academic Research Insight|

Wisdom of the Crowds: The Value of Stock Opinions Transmitted Through Social Media Hailiang Chen, Prabuddha De, Yu Jeffrey Hu, Byoung Hyoun Hwang Review of Financial Studies, forthcoming A version of this paper can be found here [...]

Academic Research Insight: Yes, Departing Outside Directors Are Aware of Fraud Before They Resign

By | 2018-01-09T17:20:42+00:00 January 8th, 2018|Basilico, Academic Research Insight, Research Insights|

Go Before the Whistle Blows: An Empirical Analysis of Director Turnover and Financial Fraud Yanmin Gao, Jeong-Bon Kim, Desmond Tsang, Haibin Wu Review of Accounting Studies A version of this paper can be found here Want [...]

Academic Research Insight: The Importance of Financial Literacy

By | 2018-01-02T09:38:04+00:00 January 2nd, 2018|Basilico, Academic Research Insight|

Employees Financial Literacy and Retirement Plan Behavior: A Case Study Robert Clark, Annamaria Lusardi, Olivia Mitchell Economic Inquiry, forthcoming A version of this paper can be found here Want to read our summaries of academic finance papers? [...]

Academic Research Insight: Industry Herding by Short Sellers Signals that Conditions are Changing

By | 2017-12-18T11:13:07+00:00 December 18th, 2017|Basilico, Academic Research Insight, Research Insights|

Do short sellers exploit industry information? Zsuzsa R. Huszár, Ruth S.K. Tan, Weina Zhang Journal of Empirical Finance A version of this paper can be found here Want to read our summaries of academic finance papers? [...]

Academic Research Insight: Beware of the Surprise Departure of Independent Directors!

By | 2017-12-11T09:20:32+00:00 December 11th, 2017|Basilico, Academic Research Insight, Research Insights|

Do Independent Director Departures Predict Future Bad Events? Rüdiger Fahlenbrach, Angie Low, and René M. Stulz The Review of Financial Studies A version of this paper can be found here Want to read our summaries of [...]

Academic Research Insight: Diverisification is Not Always a Free Lunch

By | 2017-12-04T10:23:12+00:00 December 4th, 2017|Basilico, Academic Research Insight|

What Free Lunch? The Costs of Overdiversification Shawn McKay, Robert Shapiro, Ric Thomas A version of this paper can be found here Want to read our summaries of academic finance papers? Check out our Academic Research Insight category. [...]

Academic Research Insight: How Women Affect Corporate Decision-Making

By | 2017-11-27T10:04:49+00:00 November 27th, 2017|Basilico, Academic Research Insight|

Shaped by their daughters: Executives, female socialization, and corporate social responsibility Henrik Cronqvist, Frank Yu A version of this paper can be found here Want to read our summaries of academic finance papers? Check out our Academic [...]

Academic Research Insight: Political Connections May Actually Increase SEC oversight

By | 2017-11-20T10:13:03+00:00 November 20th, 2017|Basilico, Academic Research Insight, Research Insights|

Do political connections help or hinder SEC oversight? Jonas Heese, Mozaffar Khan, Karthik Ramanna Journal of Accounting and Economics A version of this paper can be found here Want to read our summaries of academic finance papers? [...]

Monetary Momentum

By | 2017-11-13T13:47:42+00:00 November 16th, 2017|Academic Research Insight, Research Insights, Momentum Investing Research|

On most mainstream finance websites, a good chunk of the stories discuss the FED and where interest rates are going. Intuitively, this makes sense: The FED is arguably an extremely influential component of U.S. economy. [...]

Academic Research Insight: How to Balance Short and Long term Goals in Asset Allocation

By | 2017-11-13T08:10:47+00:00 November 13th, 2017|Basilico, Academic Research Insight|

Strategic Asset Allocation-Combining Science and Judgment to Balance Short Term and Long Term Goals Peng Wang and Jon Spinney A version of this paper can be found here Want to read our summaries of academic finance [...]

Academic Research Insight: Sin Stocks May Earn a “Boycott” Risk Premium

By | 2017-10-30T07:57:39+00:00 October 30th, 2017|Basilico, Academic Research Insight, Research Insights|

Social Screens and Systematic Boycott Risk H. Arthur Luo and Ronald J. Balvers Journal of Financial and Quantitative Analysis A version of this paper can be found here Want to read our summaries of academic [...]

Academic Research Insight: Stick to the Fundamentals and Discover Your Industry Peers

By | 2017-10-23T08:01:14+00:00 October 23rd, 2017|Factor Investing, Basilico, Academic Research Insight, Research Insights, Value Investing Research|

Stick to the Fundamentals and Discover Your Peers Jean Overgaard Knudsen, Simon Kold and Thomas Plenborg A version of this paper can be found here Want to read our summaries of academic finance papers? Check out [...]

A Potential Winner: Buying Lottery Stocks with Low Short Interest

By | 2017-10-19T09:12:40+00:00 October 20th, 2017|Academic Research Insight, Research Insights, Guest Posts|

Short Interest and Lottery Stocks Kelley Bergsma & Jitendra Tayal A version of this paper can be found here Want to read our short summaries of academic finance papers? Check out our Academic Research Insight category. What are [...]

Academic Research Insight: Sentiment Feedback Strength Trading Strategy

By | 2017-10-17T06:44:16+00:00 October 16th, 2017|Basilico, Academic Research Insight, Research Insights|

Genetic programming optimization for a sentiment feedback strength based trading strategy Steve Y.Yang, Sheung Yin Kevin Mo, AnqiLiu, Andrei A.Kirilenko A version of this paper can be found here Want to read our summaries of academic [...]

Academic Research Insight: Does Past Performance Matter in Investment Manager Selection?

By | 2017-09-26T10:02:40+00:00 September 26th, 2017|Basilico, Academic Research Insight|

Title: DOES PAST PERFORMANCE MATTER IN INVESTMENT MANAGER SELECTION? Authors: BRADFORD CORNELL, JASON HSU, and DAVID NANIGIAN Publication: JOURNAL OF PORTFOLIO MANAGEMENT,  SUMMER 2017 (paper ) What are the research questions? The authors study the universe of the [...]

Academic Research Insight: Does Gender Matter on Wall Street?

By | 2017-09-19T13:37:21+00:00 September 18th, 2017|Basilico, Academic Research Insight|

Title: GENDER AND CONNECTIONS AMONG WALL STREET ANALYSTS Authors: LILY FANG AND STERLING HUANG Publication: THE REVIEW OF FINANCIAL STUDIES, V.30, SEPTEMBER 2017 (version here) What are the research questions? By studying a sample of Wall Street analysts [...]

Academic Research Insight: Global Equities and Overreaction

By | 2017-08-28T09:45:47+00:00 August 28th, 2017|Basilico, Academic Research Insight, Research Insights|

Title: OVERREACTION AND THE CROSS-SECTION OF RETURNS: INTERNATIONAL EVIDENCE Authors: Douglas W. Blackburn, Nusret Cakici Publication: Journal of Empirical Finance 42 (2017) 1-14  https://ssrn.com/abstract=2800188 What are the research questions? Is there a consistent and reliable [...]

Academic Research Insight: Abusing ETFs

By | 2017-08-21T11:08:06+00:00 August 21st, 2017|Basilico, Academic Research Insight|

Title: ABUSING ETFs Authors: UTPAL BHATTACHARYA, BENJAMIN LOOS, STEFFEN MEYER, ANDREAS HACKETAL Publication: REVIEW OF FINANCE, VOL.21, 2017 (version here) What are the research questions? By studying the trading data (provided by a German brokerage [...]