Publications 1) “Do Market Efficiency Measures Yield Correct Inferences? A Comparison of Developed and Emerging Markets” with John M. Griffin and Federico Nardari, 2010, Review of Financial Studies, 23(8), 3225-3277. Internet appendix. Earlier working paper version. 2) “Sentiment and Stock Returns: the SAD anomaly revisited” with Felix Meschke, 2010, Journal of Banking and Finance, 34(6), 1308-1326. View PDF of last working paper version. 3) “How Important is the Financial Media in Global Markets?” with John M. Griffin and Nicholas H. Hirschey, 2011, Review of Financial Studies, 24(12), 3941-3992. Earlier working paper version. 4) “InformationEfficiency and Firm-Specific Return Variation,” 2014, Quarterly Journal of Finance 4 (4), 1450018. Earlier working paper version. 5) "Macroeconomic Expectations and the Size, Value and Momentum Factors," with Mikael C. Bergbrant, 2016, Financial Management 45(4), 809-844 (Lead Article). Earlier working paper version. Awarded “Best paper in the Winter 2016 issue of Financial Management” 6) “Rivals’ Competitive Activities, Capital Constraints, and Firm Growth” with Mikael Bergbrant and Delroy Hunter, 2018, Journal of Banking and Finance 97, 87-108. 7) “Do Foreign Investors Insulate Firms from Local Shocks? Evidence from the Response of Investable Firms to Monetary Policy” with Bill B. Francis and Delroy Hunter, 2020, Journal of Empirical Finance 58, 386-411. doi: https://doi.org/10.1016/j.jempfin.2020.07.003. Last working paper version. Complete Working Papers “Does Secrecy Signal Skill? Own-investor Secrecy and Hedge Fund Performance” with Olga Kuzmina at the New Economic School and Sergiy Gorovyy at Ellington Management Group. Status: Under Review Media mention in Institutional Investor, "Is Hedge Fund Secrecy a Sign of Skill -- Or a Red Flag?" by Amy Whyte, published on July 20, 2020. Research in Progress Research on new stock exchanges with Carole Comerton-Ford of the University of New South Wales ORCID ID: 0000-0002-8540-7488 Scopus Author ID: 35324800300 ResearcherID: E-8056-2017 |