Publications
Department of Finance
Chris Brune, Pu Liu, 2011, The Contagion Effect of Default Risk Insurer Downgrades: The Impact on Insured Municipal Bonds , Journal of Economics and Business 63 (5): pp. 492-502
Kathy Fogel, Ciara Torres-Spelliscy, 2012, Shareholder-Authorized Corporate Political Spending in the U.K., University of San Francisco Law Review 46 ( 2): 479-541
Tim Yeager, Kathy Fogel, Raja Kali, 2011, Have Community Banks Reduced Home Foreclosure Rates?, Journal of Banking and Finance, 35: 2498-2509
Tim Yeager, Kathy Fogel, Wayne Lee, Liping Ma, Deena Rorie, 2011, The Foreclosure Crisis in 2008: Predatory Lending or Household Overreaching?, The Regional Economist (July 2011): 13-14
Tim Yeager, Kathy Fogel, Raja Kali, 2010, Have Community Banks Reduced Home Foreclosure Rates?, Journal of Banking and Finance
M Zhao, Kathy Fogel, R Morck, B Yeung, 2009, Trade Liberalization and Institutional Reform, Asian Economic Papers
Tim Yeager, Kathy Fogel, Yingying Shao, 2009, Board Characteristics, Hedging Intensity, and the Idiosyncratic Risk of U.S. Banks, Routledge: Risk Management and Corporate Governance
Douglas Hearth, Elizabeth Howlett, David Kurtz, 2009, Financial Literacy: Experience or Education, Academy of Finance 2009: 16 pages
Rodrigo Hernandez, Outperformance Certificates: Analysis, Pricing, Interpretation, and Performance, Review of Quantitative Finance and Accounting,
Rodrigo Hernandez, Jeff Jones, Yiwen Gu, 2011, An Economic Analysis of Protect Certificates - An Option-Pricing Approach, Banking and Finance Review 3 (2): 17-40
Rodrigo Hernandez, Chris Tobler, L. Saubert, 2011, Contingent claim valuation – The case of Ph?nix Certificates”, Journal of Finance and Accountancy 7: 1-14
Rodrigo Hernandez, M. Chatham, 2010, A Guide to the Rules-Based Versus Principles-Based Accounting Debate, International Journal of Global Business and Economics 3 (1): 126-130
Rodrigo Hernandez, Wayne Lee, Pu Liu, 2010, An Economic Analysis of Reverse Exchangeable Securities — An Option-Pricing Approach, Review of Futures Markets 19 (1): 67-95
Rodrigo Hernandez, M. Chatham, Chris Tobler, 2010, Bull and Bear Reverse Exchangeable Securities — An Option-Pricing Approach, International Journal of Global Business and Economics 3 (1): 131-135
Rodrigo Hernandez, J. Brusa, Chris Tobler, 2010, Contingent Claim Valuation of Express Certificates, Banking and Finance Review 2 (2): 119-126
Rodrigo Hernandez, Jorge Brusa, Pu Liu, 2008, An Economic Analysis of Bonus Certificates -- Second-Generation of Structured Products, Review of Futures Markets 16 ( 4): 419-451
Tomas Jandik, Dobrina Georgieva, 2012, Alternative paths of convergence toward U.S. market and legal regulations: Cross-listing vs. merging with U.S. bidders, Journal of Multinational Financial Management 22 (5): 130-151
Tomas Jandik, Raja Kali, 2009, Legal Systems, Information Asymmetry, and Firm Boundaries: Cross-Border Choices to Diversify Through Mergers, Joint Ventures, or Strategic Alliances, Journal of International Business Studies, 40 ( 4): 578-599
Tomas Jandik, Craig Rennie, 2008, The Evolution of Corporate Governance and Firm Performance in Transition Economies: The Case of Sellier and Bellot in the Czech Republic, European Financial Management 14 ( 4): 747-791
Ervin Black, Tomas Jandik, Thomas Carnes, Charlene Henderson, 2007, The Relevance of Target Accounting Quality to the Long-term Success of Cross-border Mergers, Journal of Business Finance & Accounting, 34 (1&2 January-March): 139-168
Tim Yeager, Jeff Jones, Wayne Lee, 2012, Valuation and Systemic Risk Consequences of Bank Opacity, Journal of Banking and Finance
Tim Yeager, Jeff Jones, Wayne Lee, 2011, Opaque Banks, Price Discovery, and Financial Instability, Journal of Financial Intermediation
Tim Yeager, Scott Miller, Jeff Jones, 2010, Charter Value, Tobin’s Q and Risk During the Subprime Financial Crisis, Journal of Economics and Business
Tim Yeager, Jeff Jones, Wayne Lee, 2012, Valuation and Systemic Risk Consequences of Bank Opacity, Journal of Banking and Finance
Tim Yeager, Jeff Jones, Wayne Lee, 2011, Opaque Banks, Price Discovery, and Financial Instability, Journal of Financial Intermediation
Tim Yeager, Kathy Fogel, Wayne Lee, Liping Ma, Deena Rorie, 2011, The Foreclosure Crisis in 2008: Predatory Lending or Household Overreaching?, The Regional Economist (July 2011): 13-14
Rodrigo Hernandez, Wayne Lee, Pu Liu, 2010, An Economic Analysis of Reverse Exchangeable Securities — An Option-Pricing Approach, Review of Futures Markets 19 (1): 67-95
Jeff Jones, Yiwen Gu, Pu Liu, 2012, Do Dividend Initiations Signal a Reduction in Risk? Evidence from the Option Market, Review of Quantitative Finance and Accounting
Pu Liu, Yingying Shao, 2012, Small Business Loan Securitization and Interstate Risk Sharing, Small Business Economics Journal
Rodrigo Hernandez, Wayne Lee, Pu Liu, Tian-Shyr Dai, 2012, Outperformance Certificates: Analysis, Pricing, Interpretation, and Performance, Review of Quantitative Finance and Accounting
Chris Brune, Pu Liu, 2011, The Impact of Default Risk Insurer’s Financial Distress on Insured Municipal Bonds, Municipal Finance Journal 32 (3): 19-36
Chris Brune, Pu Liu, 2011, The Contagion Effect of Default Risk Insurer Downgrades: The Impact on Insured Municipal Bonds , Journal of Economics and Business 63 (5): pp. 492-502
Rodrigo Hernandez, Wayne Lee, Pu Liu, 2010, An Economic Analysis of Reverse Exchangeable Securities — An Option-Pricing Approach, Review of Futures Markets 19 (1): 67-95
Pu Liu, Yingying Shao, Tim Yeager, 2009, Did the Repeated Debt Ceiling Controversies Embed Default Risk in U.S. Treasury Securities?, Journal of Banking and Finance, 33 ( 8): 1464-1471
Rodrigo Hernandez, Jorge Brusa, Pu Liu, 2008, An Economic Analysis of Bonus Certificates -- Second-Generation of Structured Products, Review of Futures Markets 16 ( 4): 419-451
Jorge Brusa, Pu Liu, Craig Schulman, 2005, Weekend Effect, "Reverse" Weekend Effect, and Investor Trading Activities., Journal of Business Finance and Accounting 32 (7/8): 1495- 1517
Jorge Brusa, Pu Liu, 2004, The Day-of-the-Week and the Week-of-the-Month Effects: An Analysis of Investors' Trading activities., Review of Quantitative Finance and Accounting, 23 (1): 19-30
Jorge Brusa, Pu Liu, Craig Schulman, 2003, The Weekend and 'Reverse' Weekend Effects: An Analysis by Month of the Year, Week of the Month, and Industry, Journal of Business Finance and Accounting, 30 (June-July): 863-890
S. Nippani, Pu Liu, C. Schulman, 2001, Are Treasury Securities Free of Default?, Journal of Financial and Quantitative Analysis, 36 (2): 251-265
Jorge Brusa, Pu Liu, 2000, The Weekend Effect, `Reverse' Weekend Effect, and Firm Size, Journal of Business Finance & Accounting, 27 (June-July): 555-574
Pu Liu, Fazal Seyyed, Stanley Smith, 1999, The Independent Impact of Credit Rating Changes - the Case of Moody's Rating Refinement on Yield Premiums, Journal of Business Finance and Accounting (April - May): 337-363
Pu Liu, James Felton, Douglas Hearth, 1995, The Information Content of Security Analysis: Evidence from Standard and Poor's Common Stock Quality Ranking Changes., Journal of Business Finance and Accounting 22 (7): 957-989
Pu Liu, Bill Brister, Robert Kennedy, 1994, The Regulation Effect of Credit Ratings on Bond Interest Yield: The Case of Junk Bonds., Journal of Business Finance and Accounting
Pu Liu, Stanley Smith, Azmat Syed, 1992, The Impact of the Inside Trading Scandal on the Information Content of the Wall Street Journal's "Heard on the Street" Column, Journal of Financial Research, 15 (2): 181-188
Pu Liu, Fazal Seyyed, 1991, The Impact of Socioeconomic Variables and Credit Ratings on Municipal Bond Risk Premia, Journal of Business Finance and Accounting
Pu Liu, Stanley Smith, Aamat Syed, 1990, Stock Price Reactions to the The Wall Street Journal's Securities Recommendations, Journal of Financial and Quantitative Analysis, 25 (3): 399-410
Azmat Syed, Pu Liu, Stanley Smith, 1989, The Exploitation of Inside Information at the Wall Street Journal: A Test of Strong Form Efficiency, Financial Review,
Pu Liu, Larry Perry, Dorla Evans, 1988, Modified Bond Ratings: Further Evidence on the Effect of Split Ratings on Corporate Bond Yields, Journal of Business Finance and Accounting: Summer
Pu Liu, 1988, The Relationship between Absolute and Relative Risk Aversion: A Note., Atlantic Economic Journal
Pu Liu, William Moore, 1987, The Impact of Split Bond Ratings on Risk Premia., Financial Review, 22 (1): 71-85
Pu Liu, Anjan Thakor, 1984, Interest Yields, Credit Ratings, and Economic Characteristics of State Bonds - An Empirical Analysis, Journal of Money, Credit and Banking, 16 (3): 344-351
Tim Yeager, Kathy Fogel, Wayne Lee, Liping Ma, Deena Rorie, 2011, The Foreclosure Crisis in 2008: Predatory Lending or Household Overreaching?, The Regional Economist (July 2011): 13-14
Ravi Jagannathan, Alexey Malakhov, Dmitry Novikov, 2010, Do Hot Hands Exist among Hedge Fund Managers? An Empirical Evaluation, Journal of Finance, 65 ( 1): 217 - 255
Alexey Malakhov, Rakesh Vohra, 2009, An Optimal Auction for Capacity Constrained Bidders: A Network Perspective, Economic Theory, 39 ( 1): 113 - 128
Alexey Malakhov, Rakesh Vohra, 2008, Optimal Auctions for Asymmetrically Budget Constrained Bidders, Review of Economic Design, 12 ( 4): 245-257
James Millar, 2012, The Conundrum ofLegislating Risk ReductionThrough Financial Regulation Reform: The Cases of Dodd-Frank and FASB Accounting Changes, JOurnal ofFinancial Regulation and Compliance
James Millar, 2012, Fannie MaeandFreddie Mac: A Case Study in the Politics of Financial Reform, Journal of Financial Crime
James Millar, 2011, US legislation designed to improve corporate governance: an exploration, The Company lawyer
James Millar, Byron Bowen, 2009, Small versus large firm regulatory costs; the case of the Sarbanes-Oxley Act", Corporate Governance: The International Journal of Business in Society
James Millar, James Gilsinan, Muhammed Islam, Neil Seitz, Ellen Harshman, Fred Yeager, 2010, Implications of Crowd Behavior for Financial Reform, The Company Lawyer
James Millar, Neil Seitz, James Gilsinan, James Fisher, Ellen Harshman, Muhammed Islam, Fred Yeager, 2010, The US subprime mortgage crisis: what have we learned?, The Company Lawyer 31 ( 11): 355-360
James Millar, James Fisher, James Gilsonan, Muhammed Isalm, Neil Seitz, Fred Yeager, 2009, Bank Integrity: The Case of Subprime Lending., The Company Lawyer 30 ( 9): 271-277
James Millar, Fred YEAGER, 2007, The Recent Regulatory Response to Corporate Crime In The United States: Observations and Comments, Economic Affairs/Blackwell Publishing, Oxford 27 ( 1): 12 page manuscript; published on 5 pages
Tim Yeager, Scott Miller, Jeff Jones, 2010, Charter Value, Tobin’s Q and Risk During the Subprime Financial Crisis, Journal of Economics and Business
Jeffrey Brookman, Craig Rennie, Michael Sullivan, 2008, Product Market Competition and Corporate Governance Structure Change: Evidence from the Telecommunications Industry, Southwest Business and Economics Journal 16 ( 2007-08): 20 pgs
Tomas Jandik, Craig Rennie, 2008, The Evolution of Corporate Governance and Firm Performance in Transition Economies: The Case of Sellier and Bellot in the Czech Republic, European Financial Management 14 ( 4): 747-791
Craig Rennie, 2008, Chapter 23: Investment Portfolios and Stock Pricing, SAGE Handbook of Applied Probability Theory: 40 pg Chapter of a 488 page Handbook
Jeffrey Brookman, Saeyoung Chang, Craig Rennie, 2007, CEO Equity Portfolio Incentives and Layoff Decisions, Journal of Financial Research, 30 ( 2): 259-281
Jeffrey Brookman, Saeyoung Chang, Craig Rennie, 2007, CEO Cash and Stock Based Compensation Changes, Layoff Decisions, and Shareholder Value, Financial Review, 42 ( 1): 99-119
Jeffrey Brookman, Craig Rennie, Mike Sullivan, 2006, Related Party Transactions and Corporate Governance, The Southern Business and Economic Journal 29 ( 1&2): 1-17
Tim Yeager, Kathy Fogel, Wayne Lee, Liping Ma, Deena Rorie, 2011, The Foreclosure Crisis in 2008: Predatory Lending or Household Overreaching?, The Regional Economist (July 2011): 13-14
Tim Yeager, Kathy Fogel, Yingying Shao, 2009, Board Characteristics, Hedging Intensity, and the Idiosyncratic Risk of U.S. Banks, Routledge: Risk Management and Corporate Governance
Pu Liu, Yingying Shao, Tim Yeager, 2009, Did the Repeated Debt Ceiling Controversies Embed Default Risk in U.S. Treasury Securities?, Journal of Banking and Finance, 33 ( 8): 1464-1471
Rodrigo Hernandez, Chris Tobler, L. Saubert, 2011, Contingent claim valuation – The case of Ph?nix Certificates”, Journal of Finance and Accountancy 7: 1-14
Rodrigo Hernandez, M. Chatham, Chris Tobler, 2010, Bull and Bear Reverse Exchangeable Securities — An Option-Pricing Approach, International Journal of Global Business and Economics 3 (1): 131-135
Rodrigo Hernandez, J. Brusa, Chris Tobler, 2010, Contingent Claim Valuation of Express Certificates, Banking and Finance Review 2 (2): 119-126
Chris Tobler, Lawernce Belcher, 2010, Teaching Multiple Skills with a Short Writing Assignment: Using Legal Case Briefs in Business Classes, Business Education Innovation Journal 2 (2): 35-38
Radhakrishnan Gopalan, Kangzhen Xie, 2011, Conglomerates and Industry Distress, Review of Financial Studies, 24 (11): 3642-3687
Tim Yeager, Jeff Jones, Wayne Lee, 2012, Valuation and Systemic Risk Consequences of Bank Opacity, Journal of Banking and Finance
Tim Yeager, Jeff Jones, Wayne Lee, 2011, Opaque Banks, Price Discovery, and Financial Instability, Journal of Financial Intermediation
Tim Yeager, Kyle Mills, 2012, New Opt-In Overdraft Rules Cost Arkansas Banks $39 Million Annually,
Tim Yeager, John Hall, David Kern, Thomas King, Kevin Lee, 2011, A Value-at-Risk Approach to Commercial Real Estate Portfolio Stress Testing at U.S. Community Banks, Journal of Risk Management in Financial Institutions
Tim Yeager, Scott Miller, Jeff Jones, 2010, Charter Value, Tobin’s Q and Risk During the Subprime Financial Crisis, Journal of Economics and Business
Tim Yeager, Kathy Fogel, Raja Kali, 2011, Have Community Banks Reduced Home Foreclosure Rates?, Journal of Banking and Finance, 35: 2498-2509
Tim Yeager, Kathy Fogel, Wayne Lee, Liping Ma, Deena Rorie, 2011, The Foreclosure Crisis in 2008: Predatory Lending or Household Overreaching?, The Regional Economist (July 2011): 13-14
Tim Yeager, Kathy Fogel, Raja Kali, 2010, Have Community Banks Reduced Home Foreclosure Rates?, Journal of Banking and Finance
Tim Yeager, 2010, Mark It at Book or Book It at Market? The Debate Over Fair Value Accounting, The Arkansas Banker
Tim Yeager, 2010, Why the Dreaded Inflation Won't Come, The Arkansas Banker
Tim Yeager, Victoria Geyfman, 2009, On the Riskiness of Universal Banking: Evidence from Banks in the Investment Banking Business Pre-and Post-GLBA, Journal of Money, Credit and Banking, 41 ( 8): 1649 - 1669
Tim Yeager, Kathy Fogel, Yingying Shao, 2009, Board Characteristics, Hedging Intensity, and the Idiosyncratic Risk of U.S. Banks, Routledge: Risk Management and Corporate Governance
Pu Liu, Yingying Shao, Tim Yeager, 2009, Did the Repeated Debt Ceiling Controversies Embed Default Risk in U.S. Treasury Securities?, Journal of Banking and Finance, 33 ( 8): 1464-1471
Tim Yeager, John Hall, 2008, Stress Testing CRE Concentration: What Methods Are Practical?, Commercial Lending Review 23 ( 4)
Tim Yeager, Mark Vaughan, Dusan Stojanovic, 2007, Do Federal Home Loan Bank Membership and Advances Increase Bank Risk-Taking?, Journal of Banking and Finance, : 19 pgs