2022

• Brockman, P., Hanousek, J., Tresl, J. and Unlu, E. (2022). Dividend smoothing and firm valuation. Journal of Financial and Quantitative Analysis : JFQA, 57, 1621–1647.
• Flannery, M. J., Hanousek, J., Shamshur, A. and Tresl, J. (2022). M&A activity and the capital structure of target firms. Journal of Financial and Quantitative Analysis : JFQA, 1–32.
• Kieren, P., Müller-Dethard, J. and Weber, M. (2022). Risk-Taking and Asymmetric Learning in Boom and Bust Markets. Review of Finance (forthcoming).
• Laudenbach, C., Ungeheuer, M. and Weber, M. (2022). How to alleviate correlation neglect in investment decisions. Management Science, 1–44 (forthcoming).
• Levit, D., Malenko, N. and Maug, E. (2022). Trading and shareholder democracy. The Journal of Finance (forthcoming).
• Zimmermann, L. (2022). Enhanced Global Asset Pricing Factors. Journal of Financial and Quantitative Analysis : JFQA (forthcoming).

2021

• Chabi-Yo, F., Huggenberger, M. and Weigert, F. (2021). Multivariate crash risk. Journal of Financial Economics.
• Kempf, E. and Spalt, O. (2021). Attracting the sharks: Corporate innovation and securities class action lawsuits. Management Science (forthcoming).
• Li, S. Z., Maug, E. and Schwartz-Ziv, M. (2021). When shareholders disagree: Trading after shareholder meetings. The Review of Financial Studies, 1–71.
• Schneider, C. and Spalt, O. (2021). Bidder and target size effects in M&A are not driven by overconfidence or agency problems. Critical Finance Review (forthcoming).
• Ungeheuer, M. and Weber, M. (2021). The perception of dependence, investment decisions, and stock prices. The Journal of Finance, 76, 797–844.

2020

• Atanasov, V., Møller, S. V. and Priestley, R. (2020). Consumption fluctuations and expected returns. The Journal of Finance, 75, 1677–1713.
• Focke, F., Ruenzi, S. and Ungeheuer, M. (2020). Advertising, attention, and financial markets. The Review of Financial Studies, 33, 4676–4720.

2019

• Antoni, M., Maug, E. and Obernberger, S. (2019). Private equity and human capital risk. Journal of Financial Economics, 133, 634–657.
• Baele, L., Driessen, J., Ebert, S., Londono, J. M. and Spalt, O. (2019). Cumulative prospect theory, option returns, and the variance premium. The Review of Financial Studies, 32, 3667–3723.
• Glaser, M., Iliewa, Z. and Weber, M. (2019). Thinking about prices versus thinking about returns in financial markets. The Journal of Finance, 74, 2997–3039.
• Niessen-Ruenzi, A. and Ruenzi, S. (2019). Sex matters: Gender bias in the mutual fund industry. Management Science, 65, 3001–3025.

2018

• Arnold, M., Hackbarth, D. and Puhan, T. X. (2018). Financing asset sales and business cycles. Review of Finance, 22, 243–277.
• van Bekkum, S., Gabarro, M. and Irani, R. M. (2018). Does a larger menu increase appetite? Collateral eligibility and credit supply. The Review of Financial Studies, 31, 943–979.
• Fousseni, C.-Y., Ruenzi, S. and Weigert, F. (2018). Crash sensitivity and the cross section of expected stock returns. Journal of Financial and Quantitative Analysis : JFQA, 53, 1059–1100.
• Hoechle, D., Ruenzi, S., Schaub, N. and Schmid, M. (2018). Financial advice and bank profits. The Review of Financial Studies, 31, 4447–4492.
• Kim, E H., Maug, E. and Schneider, C. (2018). Labor representation in governance as an insurance mechanism. Review of Finance, 22, 1251–1289.

2017

• Agarwal, V., Ruenzi, S. and Weigert, F. (2017). Tail risk in hedge funds : a unique view from portfolio holdings. Journal of Financial Economics, 125, 610–636.
• Busch, P. and Obernberger, S. (2017). Actual share repurchases, price efficiency, and the information content of stock prices. The Review of Financial Studies, 30, 324–362.
• Focke, F., Maug, E. and Niessen-Ruenzi, A. (2017). The impact of firm prestige on executive compensation. Journal of Financial Economics, 123, 313–336.
• Heuer, J., Merkle, C. and Weber, M. (2017). Fooled by randomness: Investor perception of fund manager skill. Review of Finance, 21, 605–635.
• Hoechle, D., Ruenzi, S., Schaub, N. and Schmid, M. (2017). The impact of financial advice on trade performance and behavioral biases. Review of Finance, 21, 871–910.
• Kempf, E., Manconi, A. and Spalt, O. (2017). Distracted shareholders and corporate actions. The Review of Financial Studies, 30, 1660–1695.
• Kroencke, T. (2017). Asset pricing without garbage. The Journal of Finance, 72, 47–98.
• Schneider, C. and Spalt, O. (2017). Acquisitions as lotteries? The selection of target-firm risk and its impact on merger outcomes. Critical Finance Review, 6, 77–132.

2016

• Hillert, A., Maug, E. and Obernberger, S. (2016). Stock repurchases and liquidity. Journal of Financial Economics, 119, 186–209.
• Jacobs, H. (2016). Market maturity and mispricing. Journal of Financial Economics, 122, 270–287.
• Koch, A., Ruenzi, S. and Starks, L. T. (2016). Commonality in liquidity: a demand-side explanation. The Review of Financial Studies, 29, 1943–1974.
• Kumar, A., Page, J. K. and Spalt, O. (2016). Gambling and comovement. Journal of Financial and Quantitative Analysis : JFQA, 51, 85–111.
• Schneider, C. and Spalt, O. (2016). Conglomerate investment, skewness, and the CEO long shot bias. The Journal of Finance, 71, 635–672.

2015

• Atanasov, V. and Nitschka, T. (2015). Foreign currency returns and systematic risks. Journal of Financial and Quantitative Analysis : JFQA, 50, 231–250.
• Betzer, A., Gider, J., Metzger, D. and Theissen, E. (2015). Stealth trading and trade reporting by corporate insiders. Review of Finance, 19, 865–905.
• Kumar, A., Niessen-Ruenzi, A. and Spalt, O. (2015). What is in a name? Mutual fund flows when managers have foreign-sounding names. The Review of Financial Studies, 28, 2281–2321.

2014

• Hillert, A., Jacobs, H. and Müller, S. (2014). Media Makes Momentum. The Review of Financial Studies, 27, 3467–3501.
• von Lilienfeld-Toal, U. and Ruenzi, S. (2014). CEO Ownership, Stock Market Performance, and Managerial Discretion. The Journal of Finance, 69, 1013–1050.

2013

• Dittmann, I., Maug, E. and Spalt, O. (2013). Indexing executive compensation contracts. The Review of Financial Studies, 26, 3182–3224.
• Kaufmann, C., Weber, M. and Haisley, E. C. (2013). The Role of Experience Sampling and Graphical Displays on One`s Investment Risk Taking Appetite. Management Science, 59, 323–340.
• Kumar, A., Page, J. K. and Spalt, O. (2013). Investor sentiment and return comovements: Evidence from stock splits and headquarters changes. Review of Finance, 17, 921–953.
• Spalt, O. (2013). Probability weighting and employee stock options. Journal of Financial and Quantitative Analysis : JFQA, 48, 1085–1118.