The Call for Papers for the 2022 (Fourth) University of Oklahoma Energy and Climate Finance Research Conference is now available. The conference, which features a dual submission option with RFS, will take place April 22-23, 2022. The RFS sponsoring editor is Stefano Giglio. The submission deadline is November 30, 2021. For more details, please see the conference website.
RFS Editor Tarun Ramadorai has published an op-ed in the Financial Times on using technology to reform household finance and help reduce wealth inequality in the aftermath of the pandemic. Check it out here!
The Editor’s Choice paper for 34(9) is “The Economics of the Fed Put” by Anna Cieslak and Annette Vissing-Jorgensen. You can read the paper free online.
The Editor’s Choice paper for issue 11(2) is “Disagreement after News: Gradual Information Diffusion or Differences of Opinion?” by Anastassia Fedyk. Editor’s Choice papers are free to read on our publisher’s web site.
Recent survey evidence shows that the list of institutional investors paying close attention to environmental issues, with a consequent impact on their investment decisions, is increasing. A central factor that ought to be considered is the role of government regulation, especially the uncertainty surrounding it, and subsequent response of firms to those regulations against the background of a worsening environmental scenario. This is… Read More »Paper Spotlight: Investor Rewards to Climate Responsibility: Stock-Price Responses to the Opposite Shocks of the 2016 and 2020 U.S. Elections
“Working Remotely and the Supply-Side Impact of COVID-19” by Dimitris Papanikolaou and Lawrence David Warren Schmidt
The Call for Papers for the 17th Annual Meeting of the Financial Research Association is now available. The conference will feature a dual submission option with RAPS and RCFS. It will take place in person, December 11-12, 2021, in Las Vegas. The submission deadline is August 31, 2021. Please see the Call for Papers for more details.
“Private Equity and the Resolution of Financial Distress” by Edith Hotchkiss, David Carl Smith, and Per Stromberg
“Measuring Operating Leverage” by Huafeng Jason Chen, Jason V. Chen, Feng Li, and Pengfei Li “Firm Characteristics and Global Stock Returns: A Conditional Asset Pricing Model” by Steffen Windmueller
Are managers too myopic, relative to what shareholders would want? In “Short-termism, Managerial Talent, and Firm Value,” Richard Thakor provides a theoretical model in which the answer is “no,” with a surprising twist: In the model, managers prefer long-term projects, because it allows talented managers to earn higher rents. However, to reduce managerial rents, the firm may induce a manager to invest in a short-term project, even though the long-term… Read More »Paper Spotlight: Short-termism, Managerial Talent, and Firm Value
