Recent Research Publications
by Current Faculty Members




 

 Dr. Travis Box

Box, T. & Griffith, T. (in press, 2016). Price Clustering Asymmetries in Limit Order Flows. Financial Management.

[Profile]


 

 Dr. Seong Byun

Bereskin, F., Byun, S. K., Officer, M. S., & Oh, J. (in press, 2017).  The Effect of Cultural Similarity on Mergers and Acquisitions: Evidence from Corporate Social Responsibility.   Journal of Financial and Quantitative Analysis.

[Profile]


 

 Dr. Ken Cyree


Cyree, K. B., Griffiths, M. D., & Winters, D. B. (2016).  U.S. Bank Lending Activity in the Post-Crisis World.   Journal of Financial Research, 39 (4), 389-410.

Cyree, K. (2016).  The Effects of Regulatory Compliance for Small Banks around Crisis-Based Regulation.   Journal of Financial Research, 39 (3), 215-245.

Cyree, K. B., Griffiths, M. D., & Winters, D. B. (in press, 2016).  Implications of a TAF Program Stigma for Lenders: The Case of Publicly Traded Banks versus Privately Held Banks.   Review of Quantitative Finance and Accounting.

Balasubramnian, B. & Cyree, K. B. (2014).  Has market discipline on banks improved after the Dodd-Frank Act?   Journal of Banking and Finance, 41, 155-166.

Cyree, K. B., Griffiths, M. D., & Winters, D. B. (2013).  Federal Reserve Financial Crisis Lending Programs and Bank Stock Returns.   Journal of Banking and Finance, 37 (10), 3819-3829.

[Profile]


 

 Dr. Stephen Fier

Fier, S. G. & Pooser, D. M. (2016).  Advertising Effectiveness for Financial Services Firms: Evidence from the Life Insurance Industry.   Journal of Insurance Issues, 39 (2), 137-168.

Carson, J. M., Cole, C. R., & Fier, S. G. (2016).  Name Changes and Future Growth: Evidence from the Life Insurance Industry.   Journal of Insurance Issues, 39 (1), 1-37.

Cole, C. R., Fier, S. G., Carson, J. M., & Andrews, D. (2015).  The Impact of Insurer Name Changes on the Demand for Insurance.   Journal of Risk and Insurance, 82 (1), 173-204.

Fier, S. G. & Carson, J. M. (2015).  Catastrophes and the Demand for Life Insurance.   Journal of Insurance Issues, 38 (2), 125-156.

Fier, S. G., McCullough, K. A., Gabel, J. T., & Mansfield, N. R. (2015).  Probability Updating and the Market for Directors' and Officers' Insurance.   Risk Management and Insurance Review, 18 (1), 55-75.

Fier, S. G., Gatzlaff, K. M., & Pooser, D. M. (2014).  The State of the National Flood Insurance Program: Treading Water or Sinking Fast?   Journal of Insurance Regulation, 33, 115-144.

Fier, S. G. & Liebenberg, A. P. (2014).  The Directors' and Officers' Insurance Market.   Risk Management and Insurance Review, 17 (2), 215-239.

Fier, S. G., McCullough, K. A., & Carson, J. M. (2013).  Internal Capital Markets and the Partial Adjustment of Leverage.   Journal of Banking and Finance, 37, 1029-1039.

Russell, D. T., Fier, S. G., Carson, J. M., & Dumm, R. E. (2013).  An Empirical Analysis of Life Insurance Policy Surrender Activity.   Journal of Insurance Issues, 36 (1), 35-57.

Fier, S. G. & Liebenberg, A. P. (2013).  Market Reaction to Potential Federal Regulation in the Insurance Industry.   Journal of Insurance Issues, 36 (1), 1-34.

[Profile]


 

 Dr. Kathleen Fuller

Balasubramanian, B., Fuller, K. P., & Steigner, T. (in press, 2017).  Acquirer Returns, Private Information, and Regulation Fair Disclosure.   American Journal of Business.

Blau, B., Fuller, K., & Wade, C. (2015).  Short Selling and Price Pressure Around Merger Announcements.   Journal of Financial Services Research.

Hill, M., Kelly, W., Fuller, K., & Washam, J. (2014).  Corporate Cash Holdings and Political Connections.   Review of Quantitative Finance and Accounting.

Alexandridis, G., Fuller, K. P., Terhaar, L., & Travlos, N. G. (2013).  Deal Size, Acquisition Premia and Shareholder Gains.   Journal of Corporate Finance.

[Profile]


 

 Dr. Lynn Kugele

Kugele, L. P., Robinson, R. K., Van Ness, R. A., Nichols, R. A., & Markham, F. (in press, 2016).  Title VII: Historical Perspective on the First Fifty Years.   Southern Law Journal.

Ascioglu, A., Aydogdu, M., & Kugele, L. P. (2013). The Impact of Option Listing on the Trading Activity of Turkcell's American Depository Receipt (ADR). Bogazici Journal, Review of Social, Economic and Administrative Studies (ISSN:1300-9583), 27 (1).

[Profile]


 

 Dr. Andre Liebenberg

Che, X. & Liebenberg, A. P. (in press, 2017).  Effects of Business Diversification on Asset Risk-Taking: Evidence from the U.S. Property-Liability Insurance Industry.   Journal of Banking and Finance, 77, 122-136.

Che, X., Liebenberg, A., Liebenberg, I., & Powell, L. S. (in press, 2017).  Decomposing the Diversification Effect in the U.S. Property-Liability Insurance Industry.   Insurance Markets and Companies: Analyses and Actuarial Computations.

Morris, B. C., Fier, S. G., & Liebenberg, A. P. (in press, 2017).  Effects of Diversification Strategy on Firm Performance.   Journal of Insurance Issues.

Fier, S. G., Liebenberg, A. P., & Liebenberg, I. A. (in press, 2017).  Insurer Growth Strategies.   Risk Management and Insurance Review.

Carson, J. M., Dumm, R. E., Halek, M., & Liebenberg, A. P. (in press, 2017).  What Factors Portend Changes in Household Relative Risk Aversion?   Journal of Insurance Issues.

Wade, C., Liebenberg, A. P., & Blau, B. M. (2016).  Information and Insurer Financial Strength Ratings: Do Short Sellers Anticipate Ratings Changes?   Journal of Risk and Insurance, 83 (2), 475-500.

Altuntas, M., Liebenberg, A. P., Watson, E., & Yildiz, S. (in press, 2016).  Hedging, Cash Flows, and Firm Value: Evidence of an Indirect Effect.   Journal of Insurance Issues, 40, 1-22.

Fier, S. G. & Liebenberg, A. P. (2014).  The Market for Directors' and Officers' Insurance.   Risk Management and Insurance Review, 17 (2), 215-239.

Fier, S. G. & Liebenberg, A. P. (2013).  Market Reaction to Potential Federal Regulation in the Insurance Industry.   Journal of Insurance Issues, 36 (1), 1-34.

Fier, S. G. & Liebenberg, A. P. (2013).  Life Insurance Lapse Behavior.   North American Actuarial Journal, 17 (2), 153-167.

[Profile]


 

 Dr. Ivonne Liebenberg

Chen, X., Liebenberg, A., Liebenberg, I., & Powell, L. (in press, 2017).  Decomposing the Diversification Effect in the U.S. Property-Liability Insurance Industry.   Insurance Markets and Companies: Analyses and Actuarial Computations.

[Profile]


 

 Dr. Andrew Lynch

Bick, P., Crook, M. D., Lynch, A., & Walkup, B. R. (2017).  Does Distance Matter in Mergers and Acquisitions?   Journal of Financial Research.

Haggard, K. S., Howe, J. S., & Lynch, A. (in press, 2017).  The Effects of Big Baths on Bank Opacity.   Journal of Financial Research.

Haggard, K. S., Howe, J. S., & Lynch, A. (2015).  Do Baths Muddy the Waters or Clear the Air?   Journal of Accounting and Economics, 59, 105-117.

Lynch, A., Puckett, A., & Yan, S. (2014).  Institutions and the Turn-of-the-Year Effect: Evidence from Actual Institutional Trades.   Journal of Banking and Finance, 49, 56-68.

[Profile]


 

 Dr. Scott O'Brien

John S. Howe and Scott O’Brien (2017). CEO Compensation Practices Around Spinoffs, Advances in Financial Economics, 19, pp. 167-208.

[Profile]


 

 Dr. Colin Swaney

Swaney, Colin et al. (2015). Efficient Skin Segmentation via Neural Networks: HP-ELM and BD-SOM. Procedia Computer Science, 53: 400-409. (Presented at INNS Big Data 2015)

[Profile]


 

 Dr. Bonnie Van Ness


Johnson, H., Van Ness, B. F., & Van Ness, R. A. (in press, 2017).  Are all odd-lots the same? Odd-lot transactions by order submission and trader type.   Journal of Banking and Finance.

Griffith, T., Van Ness, B., & Van Ness, R. A. (in press, 2017).  High-frequency trading patterns around short-term volatility spikes.   Journal of Trading.

Davis, R., Roseman, B., Van Ness, B. F., & Van Ness, R. A. (2016).  1-share orders and trades.   Journal of Banking and Finance, 75, 109-117.

Egginton, J., Van Ness, B. F., & Van Ness, R. A. (2016).  Dealers and changing obligations: The case of stub quoting.   Review of Quantitative Finance and Accounting, 47 (4), 919-941.

Egginton, J., Van Ness, B., & Van Ness, R. (2016).  Quote stuffing.   Financial Management, 45 (3), 583-608.

Che, X., Van Ness, B. F., & Van Ness, R. A. (2016).  The market for small-cap stocks (NYSE MKT).   Journal of Trading, 11 (1), 81-95.

Yildiz, S., Van Ness, B., & Van Ness, R. (in press, 2016).  Analysis, determinants of order flow toxicity, HFTs' order flow toxicity and HFTs' impact on stock price variance.   Journal of Economics and Finance. Van Ness, B. F., Van Ness, R. A., & Watson, E. (2015).  Cancelling liquidity.   Journal of Financial Research, 38 (1), 3-33.

Cole, B., Daigle, J., & Van Ness, B. (2015).  Do tweets matter for shareholders: An empirical analysis.   Journal of Accounting and Finance, 15 (3), 39-52.

Davis, R. L., Van Ness, B. F., & Van Ness, R. A. (2014).  Clustering of high frequency and non-high frequency trades.   The Financial Review, 49 (2), 421-433.

Moser, S. S., Van Ness, B. F., & Van Ness, R. A. (2013).  Securities lending around proxies: Is the increase in lending due to proxy abuse, or a result of dividends?   Journal of Financial Research, 36 (1), 1-17.

[Profile]


 

 Dr. Robert Van Ness


David, R., Roseman, B., Van Ness, B. F., & Van Ness, R. A. (2017).  Canary in a Cole Mine? One Share Orders and Trades.   Journal of Banking and Finance, 75, 109-117.

Upson, J. & Van Ness, R. A. (2017).  Algorithmic Trading, and Market Liquidity.   Journal of Financial Markets, 32, 28-48.

Johnson, H., Van Ness, B. F., & Van Ness, R. A. (in press, 2017).  Are all Odd-Lots the Same? Odd-Lot Transactions by Order Submission and Trader Typ.   Journal of Banking and Finance.

Griffith, T., Van Ness, B. F., & Van Ness, R. A. (in press, 2017).  High-Frequency Trading Patterns around Short-Term Volatility Spikes.   Journal of Trading.

Battalio, R., Shkilko, A., & Van Ness, R. A. (2016).  To Pay or be Paid? The Impact of Taker Fees and Order Flow Inducements on Trading Costs in U.S. Options Markets.   Journal of Financial and Quantitative Analysis, 51, 1637-1662.

Egginton, J. F., Van Ness, B. F., & Van Ness, R. A. (2016).  Dealers and Changing Obligations: The Case of Stub Quoting.   Review of Quantitative Finance and Accounting, 47 (4), 919-941.

Egginton, J. F., Van Ness, B. F., & Van Ness, R. A. (2016).  Quote Stuffing.   Financial Management, 45 (3), 583-608.

Yildiz, S., Van Ness, B. F., & Van Ness, R. A. (in press, 2016).  Analysis, Determinants or Order Flow Toxicity, HFTs' Order Flow Toxicity and HFTs' Impact on Stock Price Variance.   Journal of Economics and Finance.

Van Ness, B. F., Van Ness, R. A., & Watson, E. (2015).  Cancelling Liquidity.   Journal of Financial Research, 38 (1), 3-33.

Che, X., Van Ness, B. F., & Van Ness, R. A. (2015).  The Market for Small-Cap Stocks (NYSE MKT).   Journal of Trading, 11 (1), 81-95.

Davis, R. L., Van Ness, B. F., & Van Ness, R. A. (2014).  Clustering of High Frequency and Non-High Frequency Trades.   The Financial Review, 49 (2), 421-433.

Danielson, B., Harrison, D., Van Ness, R. A., & Warr, R. S. (2014).  Liquidity, Accounting Transparency, and the Cost of Capital: Evidence from Real Estate Investment Trusts.   Journal of Real Estate Research, 36 (2), 221-251.

Hill, M., Kelly, W., Lockhart, B., & Van Ness, R. A. (2013).  Determinants and Effects of Corporate Lobbying.   Financial Management, 42 (4), 931-957.

Moser, S., Van Ness, B. F., & Van Ness, R. A. (2013).  Securities Lending around Proxies: Is the Increase in Lending Due to Proxy Abuse, or a result of Dividends?   Journal of Financial Research, 36 (1), 1-17.

Egginton, J. F., Van Ness, B. F., & Van Ness, R. A. (2013).  An Analysis of the FMA Meetings: Presentation Activity of Institutions and Individuals, 1996 - 2012.   Journal of Applied Finance, 23 (2), 132-145.

[Profile]


 

 Dr. Chip Wade

Blau, B., Daines, B., Karl, B., & Wade, C. (2017).  Market reaction to the passage of the Patient Protection and Affordable Care Act.   Journal of Insurance Regulation.

Cole, C., Karl, B., & Wade, C. (in press, 2016).  A Review of States' Decisions Regarding Health Insurance Exchanges.   Journal of Insurance Regulation.

Blau, B., Gorry, D., & Wade, C. (in press, 2016).  Guns, Laws, and Public Shootings in the United States.   Applied Economics.

Wade, C., Blau, B. M., & Fuller, K. P. (in press, 2015).  Does short selling cause price pressure around merger announcements?   Journal of Financial Services Research.

Wade, C. & Liebenberg, A. P. (in press, 2015).  Information and insurer financial strength ratings: Do short sellers anticipate ratings changes?   Journal of Risk and Insurance.

Wade, C. & Blau, B. M. (2013).  Comparing the information in short sales and put options.   Review of Quantitative Finance and Accounting, 41 (3), 567-583.

[Profile]


 

 Dr. Mark Walker

Walker, M. M. (2014).  The Process Does Work.   Business Appraisal Practice, 3.

Walker, M. M. (2013).  Theory and Application of the Private Cost of Capital Model.   The Value Examiner, 12-17.

[Profile]