“Buy the Rumor, Sell the News”: Liquidity Provision by Bond Funds Following Corporate News Events

Alan Guoming Huang², Russ Wermers³, Jinming Xue¹

1: Southern Methodist University, United States of America; 2: University of Waterloo; 3: University of Maryland

The Trickle-Down Effect of Government Debt and Social Unrest

Ben Charoenwong

National University of Singapore, Singapore

Optimal Tick Size

Giuliano Graziani¹, Barbara Rindi²

1: Bocconi University; 2: Bocconi University, IGIER, Baffi-Carefin

Skewness Preferences: Evidence from Online Poker

Markus Dertwinkel-Kalt², Johannes Kasinger¹, Dmitrij Schneider³

1: Leibniz Institute for Financial Research SAFE, Germany; 2: University of Münster; 3: Heinrich Heine University Düsseldorf

Active Mutual Fund Common Owners' Returns and Proxy Voting Behavior

Ben Charoenwong, Zhenghui Ni, Qiaozhi Ye

NUS Business School, National University of Singapore

In victory or defeat: Consumption responses to wealth shocks

Alex Imas¹, Tse-Chun Lin², Yan Luo³, Xiaohuan Wang⁴

1: Booth School of Business, University of Chicago; 2: HKU Business School, The University of Hong Kong; 3: School of Management, Fudan University; 4: Shanghai National Accounting Institute, China

Bank Monopsony Power and Deposit Demand

Teng Huang

Luiss University, Italy

Risk-taking by asset managers and bank regulation

Wenqian Huang, Nikola Tarashev, Inaki Aldasoro

Bank for International Settlements, Switzerland

Spreading Pressure and the Commodity Futures Risk Premium

Arie Gozluklu¹, Gi Kim¹, Yujing Gong²

1: University of Warwick, United Kingdom; 2: London School of Economic

The Economics of Mutual Fund Marketing

Jane Chen³, Wenxi {Griffin} Jiang¹, Mindy Xiaolan²

1: CUHK Business School, The Chinese University of Hong Kong; 2: UT Austin; 3: LSE

Do board connections between product market peers impede competition?

Radhakrishnan Gopalan², Renping Li², Alminas Zaldokas¹

1: Olin Business School, Washington University in St. Louis; 2: Hong Kong University of Science and Technology, Hong Kong S.A.R. (China)

Does Democracy Shape International Merger Activity

Muhammad Farooq Ahmad¹, Thomas Lambert², Jose M. Martin-Flores³, Arthur Petit-Romec⁴

1: SKEMA Business School; 2: Rotterdam School of Management; 3: CUNEF Universidad; 4: Toulouse Business School

Biases in Private Equity Returns

Simon Hayley, Onur Sefiloglu

City, University of London, United Kingdom

Slow Belief Updating and the Disposition Effect

Aleksi Pitkäjärvi

Aalto University, Finland

How Does Benchmarking Affect Market Efficiency? — The Role of Learning Technology

Wen Chen¹, Bo Hu², Yajun Wang³

1: The Chinese University of Hong Kong, Shenzhen; 2: George Mason University; 3: Baruch College, City University of New York

Resurrecting the Value Factor from its Redundancy

Manuel Ammann¹, Tobias Hemauer¹, Simon Straumann²

1: University of St. Gallen, Switzerland; 2: WHU - Otto Beisheim School of Management, Germany

Borrower Technology Similarity and Bank Loan Contracting

Mingze Gao¹, Yunying Huang¹, Steven Ongena², Eliza Wu¹

1: University of Sydney, Australia; 2: University of Zurich, Switzerland

Household Debt Overhang and Human Capital Investment

Gustavo Manso¹, Alejandro Rivera², Hui Grace Wang³, Han Xia²

1: University of California, Berkeley; 2: University of Texas at Dallas, United States of America; 3: Bentley University

Machine learning and the cross-section of emerging market stock returns

Matthias Hanauer, Tobias Kalsbach

Technical University of Munich, Germany

BETTING ON THE CEO

Utpal Bhattacharya¹, Yuet Ning Chau¹, Kasper Nielsen²

1: Hong Kong University of Science and Technology; 2: Copenhagen Business School

Memory and Analyst Forecasts: A Machine Learning Approach

Zhongtian Chen¹, Jiyuan Huang^2,3

1: Department of Finance, The Wharton School, University of Pennsylvania; 2: University of Zurich, Switzerland; 3: Swiss Finance Institute

Somebody Stop Me: The Asset Pricing Implications of Principal-Agent Conflicts

Juan Zelaya

BI Norwegian Business School, Norway

Equity-based microfinance and risk preferences

Muhammad Meki

University of Oxford, United Kingdom

Is Flood Risk Priced in Bank Returns?

Valentin Schubert

Stockholm School of Economics, Sweden

Satisfied Employees, Satisfied Investors: How Employee Well-being Impacts Mutual Fund Returns

Elias Ohneberg, Pedro Saffi

University of Cambridge - Judge Business School

Option Trade Classification

Caroline Grauer¹, Philipp Schuster², Marliese Uhrig-Homburg¹

1: Karlsruhe Institute of Technology, Germany; 2: University of Stuttgart, Germany

Earnings Announcements: Ex-ante Risk Premia

Hong Liu¹, Yingdong Mao², Xiaoxiao Tang², Guofu Zhou¹

1: University of Texas at Dallas, United States of America; 2: Washington University in St. Louis, United States of America

The Dealer Warehouse – Corporate bond ETFs

Caitlin Dannhauser¹, Egle Karmaziene²

1: Villanova University, United States of America; 2: Vrije Universiteit Amsterdam, Swedish House of Finance and Tinbergen Institute

Smokestacks and the Swamp

Emilio Bisetti¹, Stefan Lewellen², Arkodipta Sarkar³, Xiao Zhao¹

1: Hong Kong University of Science and Technology, Hong Kong S.A.R. (China); 2: Pennsylvania State University; 3: National University of Singapore

Kamikazes in Public Procurement

Dimas Fazio¹, Alminas Zaldokas²

1: National University of Singapore - NUS; 2: Hong Kong University of Science and Technology - HKUST

Salience Bias in Belief Formation

Busra Eroglu, Martin Weber

University of Mannheim, Germany

Anonymous Loan Applications and Racial Disparities

Poorya Kabir, Tianyue Ruan

NUS Business School, Singapore

Issuer Certification in Money Markets

Olav Syrstad¹, Sven Klingler², Aleksandra Rzeznik³

1: Central Bank of Norway, Norway; 2: BI; 3: Schulich School of Business

CBDC, Monetary Policy Implementation, and The Interbank Market

Nora Lamersdorf¹, Tobias Linzert², Cyril Monnet³

1: Frankfurt School of Finance & Management; 2: European Central Bank; 3: University of Bern and Study Center Gerzensee

Imputing Mutual Fund Trades

Dion Bongaerts¹, Jean-Paul van Brakel^1,2, Mathijs van Dijk¹, Joop Hui^1,2

1: Erasmus University Rotterdam, Netherlands, The; 2: Robeco Institutional Asset Management

Concentrating on Bailouts: Government Guarantees and Bank Asset Composition

Christian Eufinger¹, Juan Pablo Gorostiaga¹, Björn Richter²

1: IESE Business School, Spain; 2: UPF & BSE

Entry along the supply chain: removing growth restrictions on firms in India

Chhavi Rastogi

University of Bonn, Germaany

Technology and Cryptocurrency Valuation

Jinfei Sheng¹, Yukun Liu², Wanyi Wang¹

1: University of California, Irvine; 2: University of Rochester

The Value of Employee Morale in Mergers and Acquisitions: Evidence from Glassdoor

Kristina Lalova

University of Connecticut, United States of America

Prepayment Penalties, Adverse Selection, and Mortgage Default

Samuel James

University of Birmingham, United Kingdom

Regulatory Model Secrecy and Bank Reporting Discretion

Shuo Zhao

Tilburg University, Netherlands, The

Dealer-customer Relationships in OTC Markets

Markus Bak-Hansen

HEC Paris, France

Investment, Uncertainty, and U-Shaped Return Volatilities

Kevin Schneider

Cambridge Judge Business School, United Kingdom

Tail risk and asset prices in the short-term

Caio Almeida¹, Gustavo Freire², Rene Garcia³, Rodrigo Hizmeri⁴

1: Princeton University, United States; 2: Erasmus University Rotterdam, Netherlands; 3: Universite de Montreal, Canada; 4: University of Liverpool, United Kingdom