![What Drives Firms’ Hiring Decisions? An Asset Pricing Perspective](/sites/g/files/asqsls6756/files/index_6.jpg)
Review of Financial Studies, September 2023
Uncovering a pivotal link, this research uncovers the impact of labour dynamics on U.S. publicly traded firms and stock market performance.
The Journal of Finance, January 2020.
This article introduces a statistical test framework for the enlarging factor zoo discovered in the asset pricing and investment world.
![Trust and Local Bias](/sites/g/files/asqsls6756/files/a008_thumb.jpg)
Journal of Financial and Quantitative Analysis, November 2020
The benefits of portfolio diversification are well-known, so why do some institutional investors still exhibit strong preferences for local stocks?
![Does Corporate Investment Respond to the Time-Varying Cost of Capital?](/sites/g/files/asqsls6756/files/a011_thumb.jpg)
Journal of Financial and Quantitative Analysis, August 2020
Conventional approaches to estimating the discount rate do not successfully detect fluctuations. A new approach uses option prices and recover return-relevant information from the prices in a snapshot of time.
![IPO Pricing Affected by High Media Coverage](/sites/g/files/asqsls6756/files/a010_thumb.jpg)
Journal of Financial and Quantitative Analysis, August 2020
High media coverage impacts IPO pricing, but the effect is weaker in countries with better financial reporting quality
![The Spillover Effects of Hurricane Katrina on Corporate Bonds](/sites/g/files/asqsls6756/files/a009_thumb.jpg)
Journal of Financial and Quantitative Analysis, June 2020
Back in 2005, Hurricane Katrina generated the largest insured losses in US history. What was the impact on corporate financial policy?
![Intensive Media Coverage Will Cut the Cost of Your Firm’s Debt](/sites/g/files/asqsls6756/files/012_thumb.jpg)
Journal of Financial and Quantitative Analysis, March 2020
Firms heavily covered by media save massively on borrowing costs, especially smaller firms with lower institutional ownership