The Journal of Finance publishes leading research across all the major fields of financial research. It is the most widely cited academic journal on finance. Each issue of the journal reaches over 8,000 academics, finance professionals, libraries, government and financial institutions around the world. Published six times a year, the journal is the official publication of The American Finance Association, the premier academic organization devoted to the study and promotion of knowledge about financial economics.
A new study finds that investors want to be compensated, in the form of higher returns, for holding the stock of firms that have a relatively higher proportion of short-term debt, rather than long term debt
Economics & Business
Jun 29, 2022
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The economic downturn of 2008-09 has often been described as a financial-sector crisis, featuring failing banks. But it was much more than that. Many people with stagnant or dropping incomes, having borrowed to sustain their ...
Economics & Business
Jun 16, 2022
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4
Financial markets are more efficient than some speculators may want to believe. When it comes to predicting the performance of markets, everyone wants an edge—an advantage that sets them apart from the competition. Getting ...
Economics & Business
Mar 29, 2022
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6
Every investor is chasing the answer to one question: When should I buy stocks and when should I sell them? It's the elusive formula for timing the market. New research co-authored by Albert "Pete" Kyle, the Charles E. Smith ...
Economics & Business
Oct 5, 2021
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5
Financial markets are fast-moving, complex, and opaque. Even the U.S. stock market is fragmented into an array of competing exchanges and a set of proprietary "dark pools" run by financial firms. Meanwhile, high-frequency ...
Economics & Business
Nov 2, 2020
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2
After a wild couple of months of equity market volatility, many mutual fund investors are now cautiously exploring how best to rebalance their portfolios. As they do so, new research from the McCombs School of Business at ...
Economics & Business
Apr 17, 2020
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4
"Do CEOs matter?" has been a perennial question in management discourse. But "the CEO effect" has been notoriously difficult to isolate—a moving target caught in the slipstream of dynamic forces that shape firm performance.
Economics & Business
Apr 6, 2020
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11
For most Americans, their home is their most valuable asset, so it makes sense to borrow against the equity to obtain cash. In lean times, that money can be spent on consumption, which keeps the economy humming along. But ...
Economics & Business
Dec 24, 2019
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7
A novel new way of determining the value of employee stock options has yielded some surprising insights: Options granted to woman and senior managers are worth more because they hold them longer. And options that vest annually ...
Economics & Business
Jan 7, 2019
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2
Investors probably expect that following the suggestions of stock analysts would make them better off than doing the exact opposite. Nevertheless, recent research by Nicola Gennaioli and colleagues shows that the best way ...
Economics & Business
Jan 10, 2018
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