Skip to content

Paper Spotlight: Crisis Poison Pills

The stock market stress caused by the onset of the COVID-19 outbreak generated an ideal situation for cash-rich activists to buy strategic equity positions in target firms. Distinguishing low stock valuations due to bad management decisions, potentially necessitating an activist campaign, from the systematic blow due to the pandemic’s economic impact, may have been too difficult under the circumstances we observed in the early months. Some of these activist campaigns… Read More »Paper Spotlight: Crisis Poison Pills

Editor’s Choice 34(4)

The Editor’s Choice paper for 34(4) is “How Do Consumers Fare When Dealing with Debt Collectors? Evidence from Out-of-Court Settlements” by Ing-Haw Cheng, Felipe Severino, and Richard R. Townsend. You can read the paper free online.

Forthcoming Paper

“Skilled Labor Risk and Corporate Policies” by Yue Qiu and Tracy Yue Wang

Paper Spotlight: Efficient Programs to Support Businesses During and After Lockdowns

The scale and scope of various government interventions around the globe in the aftermath of the COVID-19 outbreak have been nothing short of staggering. Programs have come in different forms: guaranteed loans, equity injections, bank loans to SMEs that can be transformed into government-financed grants, etc. The actions taken in the initial stages of the outbreak, necessary to fight the economic fallout, are bound to generate major spillovers going forward.… Read More »Paper Spotlight: Efficient Programs to Support Businesses During and After Lockdowns

Editor’s Choice 10(1)

The Editor’s Choice paper for issue 10(1) is “Institutional Investors and Hedge Fund Activism” by Simi Kedia, Laura T. Starks, and Xianjue Wang. You can read the paper free online.

RAPS Keynote Speaker

The RAPS Cavalcade Keynote will be Eugene Fama (University of Chicago). This very special keynote will consist entirely of questions and answers.  Please email your questions to Jeffrey Pontiff. The keynote will take place on Wednesday, May 26, 2021, from 3:45-4:30pm.

NBER-RFS Inequality, Discrimination, and the Financial System Conference

The program for the NBER-RFS Inequality, Discrimination, and the Financial System conference is now available. The conference, which featured a dual submission option with RFS, will take place online April 1-2, 2021. The RFS sponsoring editors are Gregor Matvos, Manju Puri, and Tarun Ramadorai. The conference will be live-streamed on NBER’s YouTube channel.

Marcin Kacperczyk Joining RAPS as Editor

We are pleased to announce that Marcin Kacperczyk will be joining the RAPS team as an Editor. His first day will be July 1, 2021. Marcin is a Professor of Finance at Imperial College London. Please join us in welcoming Marcin!

Forthcoming Paper

“When and Where Is It Cheaper to Issue Inflation-linked Debt?” by Andrey Ermolov

Decisions for SFS Cavalcade North America 2021

The decisions for SFS Cavalcade North America 2021 have been sent. If you did not receive your decision, please contact us. We received 1566 submissions. The final program was highly selective, with an 8.6% acceptance rate. If you selected dual submission with RAPS or RCFS, you will receive a separate decision email from the journal in the next few weeks.