Journal of Financial and Quantitative Analysis

Article	Citations
How Do Foreign Labor Regulations Affect Firms’ Operating Strategies?	144
Debt Maturity and Investor Heterogeneity	100
Filing Agents and Information Leakage	90
The Role of Bank CEOs in Zombie Lending During a Crisis: Evidence from India	86
Skin in the Game: Operating Growth, Firm Performance, and Future Stock Returns	82
Mining the Short Side: Institutional Investors and Stock Market Anomalies	77
Optimal Ownership and Capital Structure with Agency Conflicts	76
Product Similarity, Benchmarking, and Corporate Fraud	68
Does Industry Competition Influence Analyst Coverage Decisions and Career Outcomes?	68
What Can Volatility Smiles Tell Us About the Too Big to Fail Problem?	63
The Aftermath of Credit Booms: Evidence from Credit Ceiling Removals	57
The Geography of Information Acquisition	56
Uncovering Financial Constraints	51
Capital Structure with Information about the Upside and the Downside	50
JFQ volume 58 issue 6 Cover and Back matter	44
JFQ volume 59 issue 7 Cover and Back matter	41
Stakeholder Value: A Convenient Excuse for Underperforming Managers?	39
Insurance Pricing, Distortions, and Moral Hazard: Quasi-Experimental Evidence from Deposit Insurance	35
Attentive Options Traders: Textual Changes to 10-Ks and Option Volatility Smirk	35
Heterogeneity of Beliefs and Trading Behavior: A Reexamination	35
Nexus Effect: Unraveling the Impact of Political Patronage Connections on Corporate Investment	35
Nominal U.S. Treasuries Embed Liquidity Premiums, Too	33
JFQ volume 60 issue 1 Cover and Front matter	33
Is There Smart Money? How Information in the Commodity Futures Market Is Priced into the Cross Section of Stock Returns with Delay	33
Out of Sync: Dispersed Short Selling and the Correction of Mispricing	32

Product Market Competition and FDI Decisions	32
Is It all Noise? The Microstructure Implications of Corporate Recurring Advertisements	30
Do Natural Disaster Experiences Limit Stock Market Participation?	29
Measuring “State-Level” Economic Policy Uncertainty	29
The Effects of Antitrust Laws on Horizontal Mergers: International Evidence	28
Outside Employment Opportunities and Tournament Incentives	27
Social Capital and the Boundary of the Firm: Evidence from Relationship-Specific Investments	27
Corporate Venture Capital and Firm Scope	27
Does Speculative News Hurt Productivity? Evidence from Takeover Rumors	26
Gambling on Crypto Tokens?	26
EPS Sensitivity and Mergers	26
Cross-Subsidization in Conglomerate Firms: Evidence from Government Spending Shocks	26
Financing Payouts	25
The Crowding-In Effect of Public Information on Private Information Acquisition	24
The Distribution of Voting Rights to Shareholders	24
Price-Path Convexity and Short-Horizon Return Predictability – ERRATUM	24
Transitory and Permanent Cash Flow Shocks in Debt Contract Design	23
Business Cycle Variation in Short Selling Strategies: Picking During Expansions and Timing During Recessions	23
Corporate Culture Messaging and National Politics	22
Diseconomies of Scale in Quantitative and Fundamental Investment Styles	22
Anomaly Discovery and Arbitrage Trading	22
Agglomeration Effects in Initial Public Offerings	22
Learning About Directors	22
Speculation with Information Disclosure	22
The Smart Beta Mirage	21
Exporting Uncertainty: The Impact of Brexit on Corporate America—CORRIGENDUM	21
Social Media Analysts’ Skill: Evidence from Text-Implied Beliefs	21
Lending Next to the Courthouse: Exposure to Adverse Events and Mortgage Lending Decisions	21
Peer Effects in Equity Research	21
JFQ volume 58 issue 4 Cover and Back matter	21
JFQ volume 59 issue 5 Cover and Front matter	21
The Demise of the NYSE and Nasdaq: Market Quality in the Age of Market Fragmentation	20
Does Litigation Risk Deter Insider Trading? Evidence from Universal Demand Laws	20
The Design of a Central Counterparty	20
Winning Teams or Winning Pay? The Impact of Team Allocation on Fund Manager Compensation and Careers	20
Mispricing and Risk Premia in Currency Markets	19
CEO Compensation Incentives and Playing It Safe: Evidence from FAS 123R	19
Trader Competition in Fragmented Markets: Liquidity Supply Versus Picking-Off Risk	18
Hedging Commodity Price Risk	18
The Industry Expertise Channel in Mortgage Lending	18
Measuring Firm Complexity	18
Personal Financial Information Presentation and Consumer Spending	17
Big Banks, Household Credit Access, and Intergenerational Economic Mobility	17
Privatization and Bank Liquidity Creation	17
Access to Finance and Technological Innovation: Evidence from Pre-Civil War America	16
Tail Risk Around FOMC Announcements	16
JFQ volume 57 issue 8 Cover and Back matter	16
Political Activism and Market Power	16
Bank Influence at a Discount	16
Analyst Coverage and Corporate Environmental Policies	16

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

Currency Redenomination Risk	8
JFQ volume 57 issue 7 Cover and Back matter	8
Institutional Liquidity Costs, Internalized Retail Trade Imbalances, and the Cross Section of Stock Returns	8
JFQ volume 57 issue 4 Cover and Front matter	8
Foreign Exchange Order Flow as a Risk Factor – ERRATUM	8
The Valuation of Collateral in Bank Lending – CORRIGENDUM	7
Earnings Growth and Acquisition Returns: Do Investors Gamble in the Takeover Market?	7
How Can Innovation Screening Be Improved? A Machine Learning Analysis with Economic Consequences for Firm Performance	7
Local Labor Markets and Corporate Innovation	7
Trading in Crowded Markets	7
Why Do Investors Hold Overpriced Shares?	7
Foreign Ties That Bind: Cross-Border Firm Expansions and Fund Portfolio Allocation Around the World	7
Financing Innovation Under Ambiguity	7
Is the Value Premium Dead? Forecasting Value–Growth Cycles with the Implied Value Premium	7
High-Frequency Tail Risk Premium and Stock Return Predictability	7
International Yield Spillovers	7
Order Exposure in High-Frequency Markets	7
A Catering Theory of Earnings Guidance: Empirical Evidence and Stock Market Implications	7
JFQ volume 59 issue 6 Cover and Front matter	7
Irrational Beliefs May Drive the Disposition Effect: Evidence from Financial Professionals	6
Corporate Diversification and Debt Maturity	6
JFQ volume 59 issue 3 Cover and Back matter	6
Indirect Insider Trading	6
Disagreement and Scheduled Announcements: Explaining the Pre-Announcement Drift	6
JFQ volume 60 issue 4 Cover and Front matter	6
Predictability Puzzles	6
Swimming Upstream: Struggling Firms in Corrupt Cities	6
Where Have All the IPOs Gone? Trade Liberalization and the Changing Nature of U.S. Public Corporations	6
Bank Competition and Entrepreneurial Gaps: Evidence from Bank Deregulation	6
In the CEO We Trust: Negative Effects of Trust Between the Board and the CEO	6
Intra-Household Risk Sharing in Collective Portfolio Choice Models	6
Optimal Portfolio Size Under Parameter Uncertainty	6
Individual Experience and Home Price Expectations	6
Strategic CEO Activism in Polarized Markets	6
JFQ volume 60 issue 3 Cover and Front matter	6
Optimal Portfolio Choice with Fat Tails and Parameter Uncertainty	6
Judge Ideology and Opportunistic Insider Trading	6
JFQ volume 59 issue 7 Cover and Front matter	6
Do Directors Respond to Stock Mispricing? Evidence from CEO Turnovers	5
Proprietary Knowledge Protection and Product Market Performance	5
How Do Board Reforms Affect Debt Financing Costs Around the World?	5
Credit Default Swaps and Lender Incentives in Bank Debt Renegotiations	5
TAXI! Do Mutual Funds Pursue and Exploit Information on Local Companies?	5
Demand-Driven Bond Financing in the Euro Area	5
Can Capital Adjustment Costs Explain the Decline in Investment–Cash Flow Sensitivity?	5
Friends During Hard Times: Evidence from the Great Depression	5
Directors: Older and Wiser, or Too Old to Govern?	5
Minimum Wages, State Ownership, and Corporate Environmental Policies	5
Do Private Equity Managers Raise Funds on (Sur)real Returns? Evidence from Deal-Level Data	5
Supranational Rules, National Discretion: Increasing Versus Inflating Regulatory Bank Capital?	5
Nowcasting Firms’ Operating Activities from Satellite Data on Thermal Infrared Radiation	5
The Effects of a U.S. Approach to Enforcement: Evidence from China	5
Shoot the Arrow, Then Paint the Target: CEO Compensation and Institutional Shareholder Services Benchmarking	5
Household Financial Decision-Making After Natural Disasters: Evidence from Hurricane Harvey	5
Taxing the Disposition Effect: The Impact of Tax Awareness on Investor Behavior	4
Are Share Repurchases Really Flexible?	4
Standing Out from the Crowd via CSR Engagement: Evidence from Non-Fundamental-Driven Price Pressure	4
Firm Size, Capital Investment, and Debt Financing over Industry Business Cycles	4
Compensation Consultants: Whom Do They Serve? Evidence from Consultant Changes	4
JFQ volume 59 issue 2 Cover and Front matter	4
Gender, Competition, and Performance: International Evidence	4
Bank Loan Announcement Effects: Evidence from a Comprehensive 8-K Sample	4
Retail Attention, Institutional Attention	4
Labor Links, Comovement, and Predictable Returns	4
JFQ volume 59 issue 2 Cover and Back matter	4
JFQ volume 58 issue 8 Cover and Front matter	4
Macroeconomic Expectations and Expected Returns	4
On the Capital Market Consequences of Big Data: Evidence from Outer Space	4
Construction, Real Uncertainty, and Stock-Level Investment Anomalies	4
Impact of Regulations on Firm Value: Evidence from the 2016 U.S. Presidential Election	4
Does Finance Make Us Less Social?	4
JFQ volume 57 issue 6 Cover and Front matter	4
Contracting Costs, Covenant-Lite Lending, and Reputational Capital	4
A Liberalization Spillover: From Equities to Loans	4
Currency Carry, Momentum, and Global Interest Rate Volatility	4
Government Credit and International Trade	4
Corporate Hiring Under COVID-19: Financial Constraints and the Nature of New Jobs	4
Idiosyncratic Volatility and the ICAPM Covariance Risk	4
JFQ volume 59 issue 4 Cover and Back matter	4
Managerial Response to Shareholder Empowerment: Evidence from Majority-Voting Legislation Changes	3
The Crash Risk in Individual Stocks Embedded in Skewness Swap Returns	3
Tackling the Volatility Paradox: Spillover Persistence and Systemic Risk	3
Do Underwriters Short-Change Corporations Issuing Bonds?	3
The Effects of Foreign Acquisitions on the Value of Industry Peers	3
Holding Horizon: A New Measure of Active Investment Management	3
Innovation Under Ambiguity and Risk	3
Credibility of Mandatory Disclosure by Credit Rating Agencies and Market Feedback	3
JFQ volume 58 issue 8 Cover and Back matter	3
Three Common Factors	3
Estimating Stock Market Betas via Machine Learning	3
The Effect of Intellectual Property Rights Protection on Stock Price Informativeness	3
Star Firms, Information Spillovers, and Predictable Industry-Level Outcomes	3
The Use of Peer Groups in Setting Director Compensation: Competition for Talent Versus Self-Serving Behavior	3
Mutual Fund Trading, Fund Flows, and ESG Portfolios	3
The Sensitivity of Cash Saving to the Cost of Capital	3