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Forthcoming Paper

“Capital Structure and the Yield Curve” by Diogo Duarte, Ozde Oztekin, and Yuri F. Saporito

Invitation to Bid: SFS Cavalcade

The Society for Financial Studies invites bids to host future Cavalcades. We are currently accepting bids for 2024-2026. Please see the Invitation to Bid. Deadline to submit bids: September 15, 2022

Paper Spotlight: Sharing R&D Risk in Healthcare via FDA Hedges

                          Recent estimates suggest that the cost of developing a single new drug in the biopharmaceutical sector is $2.6 billion, confirming the very large amounts of money that medical companies invest to develop a new treatment. Biomedical companies also face the risk of very low rates of success, not only due to the inherent scientific risk of developing… Read More »Paper Spotlight: Sharing R&D Risk in Healthcare via FDA Hedges

Forthcoming Paper

“Board Reforms, Stock Liquidity, and Stock Market Development” by Buhui Qiu and Thomas To

Invitation to Bid: SFS Cavalcade

The Society for Financial Studies invites bids to host future Cavalcades. We are currently accepting bids for 2024-2026. Please see the Invitation to Bid. Deadline to submit bids: September 15, 2022.

Forthcoming Papers

“COVID-19 and Corporate Finance” by Marco Pagano and Josef Zechner “How Does Corporate Governance Impact Equity Volatility? Worldwide Evidence and Theory” by Alexandre Jeanneret and Louis Gagnon