Journal of Financial and Quantitative Analysis

Article	Citations
Product Similarity, Benchmarking, and Corporate Fraud	157
How Do Foreign Labor Regulations Affect Firms’ Operating Strategies?	119
Capital Structure with Information about the Upside and the Downside	105
Uncovering Financial Constraints	99
What Can Volatility Smiles Tell Us About the Too Big to Fail Problem?	96
Get the Money Somehow: The Effect of Missing Performance Goals on Insider Trading	89
Optimal Ownership and Capital Structure with Agency Conflicts	84
The Aftermath of Credit Booms: Evidence from Credit Ceiling Removals	81
Filing Agents and Information Leakage	75
The Role of Bank CEOs in Zombie Lending During a Crisis: Evidence from India	64
Debt Maturity and Investor Heterogeneity	60
JFQ volume 58 issue 6 Cover and Back matter	59
JFQ volume 59 issue 7 Cover and Back matter	53
Nexus Effect: Unraveling the Impact of Political Patronage Connections on Corporate Investment	51
Social Capital and the Boundary of the Firm: Evidence from Relationship-Specific Investments	47
JFQ volume 60 issue 1 Cover and Front matter	44
Out of Sync: Dispersed Short Selling and the Correction of Mispricing	43
Nominal U.S. Treasuries Embed Liquidity Premiums, Too	41
Is It all Noise? The Microstructure Implications of Corporate Recurring Advertisements	40
Corporate Venture Capital and Firm Scope	38
Is There Smart Money? How Information in the Commodity Futures Market Is Priced into the Cross Section of Stock Returns with Delay	38
Insurance Pricing, Distortions, and Moral Hazard: Quasi-Experimental Evidence from Deposit Insurance	34
Heterogeneity of Beliefs and Trading Behavior: A Reexamination	34
The Effects of Antitrust Laws on Horizontal Mergers: International Evidence	34
Stakeholder Value: A Convenient Excuse for Underperforming Managers?	32

Measuring “State-Level” Economic Policy Uncertainty	32
Attentive Options Traders: Textual Changes to 10-Ks and Option Volatility Smirk	32
Outside Employment Opportunities and Tournament Incentives	31
Gambling on Crypto Tokens?	30
Do Natural Disaster Experiences Limit Stock Market Participation?	30
Financing Payouts	29
The Smart Beta Mirage	29
Private Equity Fund Debt: Agency Costs and Cash Flow Management	29
Transitory and Permanent Cash Flow Shocks in Debt Contract Design	28
Anomaly Discovery and Arbitrage Trading	28
Does Speculative News Hurt Productivity? Evidence from Takeover Rumors	27
EPS Sensitivity and Mergers	27
The Crowding-In Effect of Public Information on Private Information Acquisition	26
Peer Effects in Equity Research	26
Speculation with Information Disclosure	25
Agglomeration Effects in Initial Public Offerings	25
Cross-Subsidization in Conglomerate Firms: Evidence from Government Spending Shocks	25
Corporate Culture Messaging and National Politics	25
Social Media Analysts’ Skill: Evidence from Text-Implied Beliefs	24
Learning About Directors	24
JFQ volume 58 issue 4 Cover and Back matter	24
Price-Path Convexity and Short-Horizon Return Predictability – ERRATUM	24
Exporting Uncertainty: The Impact of Brexit on Corporate America—CORRIGENDUM	23
Lending Next to the Courthouse: Exposure to Adverse Events and Mortgage Lending Decisions	23
CEO Compensation Incentives and Playing It Safe: Evidence from FAS 123R	23
The Design of a Central Counterparty	23
JFQ volume 59 issue 5 Cover and Front matter	23
Trust in Cultural Institutions and Interfirm Cooperation: Evidence from Religious Scandals	23
The Demise of the NYSE and Nasdaq: Market Quality in the Age of Market Fragmentation	22
Does Litigation Risk Deter Insider Trading? Evidence from Universal Demand Laws	22
Mispricing and Risk Premia in Currency Markets	22
Trader Competition in Fragmented Markets: Liquidity Supply Versus Picking-Off Risk	22
The Industry Expertise Channel in Mortgage Lending	21
Tail Risk Around FOMC Announcements	21
Measuring Firm Complexity	21
Winning Teams or Winning Pay? The Impact of Team Allocation on Fund Manager Compensation and Careers	21
Big Banks, Household Credit Access, and Intergenerational Economic Mobility	20
Securing Debt in the Knowledge Economy: Evidence from Intellectual Property Registers	19
Personal Financial Information Presentation and Consumer Spending	19
Privatization and Bank Liquidity Creation	19
Hedging Commodity Price Risk	19
Employment Under Marijuana	18
Analyst Coverage and Corporate Environmental Policies	18
Political Activism and Market Power	18
Does Sunlight Kill Germs? Stock Market Listing and Workplace Safety	17
Bank Influence at a Discount	17
Selection Bias in Mutual Fund Fire Sales	17
JFQ volume 57 issue 8 Cover and Back matter	17
Capital Commitment and Performance: The Role of Mutual Fund Charges	17
Networking Frictions in Venture Capital, and the Gender Gap in Entrepreneurship	16

Labor Mobility and Loan Origination	16
Shining a Light in a Dark Corner: Does EDGAR Search Activity Reveal the Strategically Leaked Plans of Activist Investors?	16
Reintermediation in FinTech: Evidence from Online Lending	16
Do FinTech Mortgage Lenders Fill the Credit Gap? Evidence from Natural Disasters	16
Adverse Selection in Mortgage Markets: Evidence from Ginnie Mae Early Buyouts	15
JFQ volume 57 issue 8 Cover and Front matter	15
Real(istic) Time-Varying Probability of Consumption Disasters	15
Blockchain Currency Markets	15
Mutual Fund Strategy: Swing for the Fences or Bat for Average	15
Public Disclosure and Consumer Financial Protection	14
Does Main Street Benefit from What Benefits Wall Street?	14
Corporate Leadership and Inherited Beliefs About Gender Roles	14
The Digital Credit Divide: Marketplace Lending and Entrepreneurship	14
Cash Induced Demand	14
JFQ volume 59 issue 8 Cover and Back matter	14
The Macroeconomic Uncertainty Premium in the Corporate Bond Market—Corrigendum	13
Price Discovery from Offer Price to Opening Price of Initial Public Offerings	13
Predatory Lending and Hidden Risks	13
The Effect of Organization Capital on the Cost of Bank Loans	13
The New Keynesian Model and Bond Yields	13
Ethnic Diversity and Corporate Interstate Investments	13
JFQ volume 57 issue 6 Cover and Back matter	13
Gender Pay Gap and Cultural Values	13
Why Do Bank Boards Have Risk Committees?	13
Zeroing In on the Expected Returns of Anomalies	13
Bank Lines of Credit as a Source of Long-Term Finance	13
Factor Model Comparisons with Conditioning Information	13
A Social Norm Perspective on Distorted Information in China	12
Price Rigidities and Credit Risk	12
Expropriation Risk and Investment: A Natural Experiment	12
Debt and Taxes: The Role of Tax Avoidance	12
Country Rotation and International Mutual Fund Performance	12
Corporate Financial Frictions and Employee Mental Health	12
Is There a Trade-off Between Protecting Investors and Promoting Entrepreneurial Activity? Evidence from Angel Financing	12
Taking Over the Size Effect: Asset Pricing Implications of Merger Activity	11
Alumni Networks in Venture Capital Financing	11
Are Shadow Rate Models of the Treasury Yield Curve Structurally Stable?	11
Double Machine Learning: Explaining the Post-Earnings Announcement Drift	11
Options on Interbank Rates and Implied Disaster Risk	11
Leverage and Stablecoin Pegs	11
Delegated Monitoring, Institutional Ownership, and Corporate Misconduct Spillovers	11
Better Tax Enforcement Moderates Airbnb’s Pressure on Housing Costs	11
Consistent Backtesting Systemic Risk Measures	10
Spillover Effects of the Opioid Epidemic on Consumer Finance	10
News and Markets in the Time of COVID-19	10
JFQ volume 58 issue 1 Cover and Back matter	10
Quadrophobia: Strategic Rounding of EPS Data	10
When Spotlights Fade: Local Newspaper Closures and Financial Advisor Misconduct	10
JFQ volume 59 issue 4 Cover and Front matter	10
Refinancing Inequality During the COVID-19 Pandemic	10
The Information in Industry-Neutral Self-Financed Trades	9
Institutional Liquidity Costs, Internalized Retail Trade Imbalances, and the Cross Section of Stock Returns	9
Bringing Innovation to Fruition: Insights From New Trademarks	9
Governance by One-Lot Shares	9
The Effect of Tax Incentives on Local Private Investments and Entrepreneurship: Evidence from the Tax Cuts and Jobs Act of 2017	9
JFQ volume 60 issue 5 Cover and Front matter	9
The Real Effects of Equity Markets on Innovation	9
Fintech Lending and Credit Market Competition	9
Marijuana Legalization and Firms’ Cost of Equity	9
Book-to-Market, Mispricing, and the Cross Section of Corporate Bond Returns	9
Independent Director Tenure and Corporate Governance: Evidence from Insider Trading	9
ETFs, Creation and Redemption Processes, and Bond Liquidity	9
The Valuation of Collateral in Bank Lending	9
Do Banks Overreact to Disaster Risk?	9
Industry Clusters and the Geography of Portfolio Choice	9
Financial Literacy and IPO Underpricing	9
The Growth of Finance is Not Remarkable	9
Competition and Debt Conservatism	8
Careers in Finance	8
The Valuation of Collateral in Bank Lending – CORRIGENDUM	8
How Can Innovation Screening Be Improved? A Machine Learning Analysis with Economic Consequences for Firm Performance	8
Why Naive $ 1/N $ Diversification Is Not So Naive, and How to Beat It?	8
CEO Compensation Changes Following Acquisitions	8
Revisiting Family Firms	8
Firm Resiliency: The Role of Spillovers	8
JFQ volume 57 issue 7 Cover and Back matter	8
Transmission of Information from Private to Public Markets	8
Do Product Market Threats Discipline Corporate Misconduct?	8
Foreign Exchange Order Flow as a Risk Factor – ERRATUM	8
Currency Redenomination Risk	8

Swimming Against the Current: Contrarian Retail Trading – CORRIGENDUM	7
JFQ volume 59 issue 6 Cover and Front matter	7
JFQ volume 60 issue 3 Cover and Front matter	7
A Catering Theory of Earnings Guidance: Empirical Evidence and Stock Market Implications	7
International Yield Spillovers	7
Unlocking ESG Premium from Options	7
Order Exposure in High-Frequency Markets	7
Why Do Investors Hold Overpriced Shares?	7
JFQ volume 59 issue 3 Cover and Back matter	7
Swimming Upstream: Struggling Firms in Corrupt Cities	7
High-Frequency Tail Risk Premium and Stock Return Predictability	7
Measuring the Cost of Regulation: A Text-Based Approach	7
Local Labor Markets and Corporate Innovation	7
Financing Innovation Under Ambiguity	7
Trading in Crowded Markets	7
Where Have All the IPOs Gone? Trade Liberalization and the Changing Nature of U.S. Public Corporations	7
In the CEO We Trust: Negative Effects of Trust Between the Board and the CEO	7
Common Idiosyncratic Quantile Factors and Asset Prices	7
Foreign Ties That Bind: Cross-Border Firm Expansions and Fund Portfolio Allocation Around the World	7
Is the Value Premium Dead? Forecasting Value–Growth Cycles with the Implied Value Premium	7
When Is the Price of Analysts’ Disagreement Risk Positive?	6
Indirect Insider Trading	6
Bank Competition and Entrepreneurial Gaps: Evidence from Bank Deregulation	6
Irrational Beliefs May Drive the Disposition Effect: Evidence from Financial Professionals	6
Corporate Diversification and Debt Maturity	6
Strategic CEO Activism in Polarized Markets	6
Intra-Household Risk Sharing in Collective Portfolio Choice Models	6
Optimal Portfolio Size Under Parameter Uncertainty	6
Judge Ideology and Opportunistic Insider Trading	6
Disagreement and Scheduled Announcements: Explaining the Pre-Announcement Drift	6
Optimal Portfolio Choice with Fat Tails and Parameter Uncertainty	6
Nowcasting Firms’ Operating Activities from Satellite Data on Thermal Infrared Radiation	5
Optimal Retirement Saving and Dissaving	5
Minimum Wages, State Ownership, and Corporate Environmental Policies	5
Proprietary Knowledge Protection and Product Market Performance	5
Do Private Equity Managers Raise Funds on (Sur)real Returns? Evidence from Deal-Level Data	5
JFQ volume 59 issue 7 Cover and Front matter	5
Shoot the Arrow, Then Paint the Target: CEO Compensation and Institutional Shareholder Services Benchmarking	5
How Do Board Reforms Affect Debt Financing Costs Around the World?	5
TAXI! Do Mutual Funds Pursue and Exploit Information on Local Companies?	5
Retail Attention, Institutional Attention	5
Do Directors Respond to Stock Mispricing? Evidence from CEO Turnovers	5
Friends During Hard Times: Evidence from the Great Depression	5
The Effects of Open Banking on FinTech Firms’ Dynamics and Funding Structure	5
Directors: Older and Wiser, or Too Old to Govern?	5
Individual Experience and Home Price Expectations	5
Demand-Driven Bond Financing in the Euro Area	5
Household Financial Decision-Making After Natural Disasters: Evidence from Hurricane Harvey	5
Predictability Puzzles	5
Supranational Rules, National Discretion: Increasing Versus Inflating Regulatory Bank Capital?	5
Can Capital Adjustment Costs Explain the Decline in Investment–Cash Flow Sensitivity?	5
JFQ volume 60 issue 4 Cover and Front matter	5
The Effects of a U.S. Approach to Enforcement: Evidence from China	5
Impact of Regulations on Firm Value: Evidence from the 2016 U.S. Presidential Election	4
Labor Links, Comovement, and Predictable Returns	4
JFQ volume 59 issue 4 Cover and Back matter	4
JFQ volume 59 issue 2 Cover and Front matter	4
Macroeconomic Expectations and Expected Returns	4
Contracting Costs, Covenant-Lite Lending, and Reputational Capital	4
JFQ volume 58 issue 8 Cover and Front matter	4
Climate-Triggered Institutional Price Pressure: Does It Affect Firms’ Cost of Equity? – ERRATUM	4
Estimating the Term Premium: Sample Periods Matter	4
Idiosyncratic Volatility and the ICAPM Covariance Risk	4
JFQ volume 57 issue 6 Cover and Front matter	4
Government Credit and International Trade	4
How Does Benchmarking Affect Market Efficiency? The Role of Learning Technology	4
Currency Carry, Momentum, and Global Interest Rate Volatility	4
Are Share Repurchases Really Flexible?	4
Bank Loan Announcement Effects: Evidence from a Comprehensive 8-K Sample	4
Corporate Hiring Under COVID-19: Financial Constraints and the Nature of New Jobs	4
Construction, Real Uncertainty, and Stock-Level Investment Anomalies	4
JFQ volume 59 issue 2 Cover and Back matter	4
On the Capital Market Consequences of Big Data: Evidence from Outer Space	4
A Liberalization Spillover: From Equities to Loans	4
Do Capital Markets Punish Managerial Myopia? Evidence from Myopic Research and Development Cuts	4
Gender, Competition, and Performance: International Evidence	4
JFQ volume 58 issue 4 Cover and Front matter	3
Firm Size, Capital Investment, and Debt Financing over Industry Business Cycles	3
Standing Out from the Crowd via CSR Engagement: Evidence from Non-Fundamental-Driven Price Pressure	3
The Effects of Foreign Acquisitions on the Value of Industry Peers	3
The Effect of Intellectual Property Rights Protection on Stock Price Informativeness	3
Continuity and Change on Corporate Boards	3
Estimating Stock Market Betas via Machine Learning	3
JFQ volume 59 issue 5 Cover and Back matter	3
The Risk of Outsourcing: How External Advisors Influence Mutual Fund Performance	3
Do Underwriters Short-Change Corporations Issuing Bonds?	3
Resolution Design and Investment in Banking Groups	3
Innovation Under Ambiguity and Risk	3
Star Firms, Information Spillovers, and Predictable Industry-Level Outcomes	3
Labor Exposure to Climate Risk, Productivity Loss, and Capital Deepening	3
Three Common Factors	3
Compensation Consultants: Whom Do They Serve? Evidence from Consultant Changes	3
Match to Grow	3
Long-Run Labor Costs of Housing Booms and Busts	3
Holding Horizon: A New Measure of Active Investment Management	3