Terry College of Business

Addressing the gap between consumers’ concern for the environment and the impact of their actual behavior has been a key focus of marketing researchers seeking to better [...]

The average homeowner stays in their home for 8 to 13 years , going through the sales process an estimated 3 to 5 times. The primary residence is often the largest, if no[...]

Executive compensation is an extensively researched and highly complex topic. This paper attempts to shed some light on the vast literature encompassing this topic. First[...]

I conduct an event study analysis on an initial sample of 223 mergers during a 3 year period (2011-2014) after the “Great Recession.” I first use this to shed new light o[...]

"News reports that carry positive or negative sentiment about a firm influence the firm’s stock price performance. This study examines the role of firm controllable marke[...]

The paper shows that the post-earnings-announcement drift is stronger for conglomerates, despite conglomerates being larger, more liquid, and more actively researched by [...]

The objective of this study is provide estimates of the economic effects of the National Flood Insurance Program. In particular, we estimate the response of county-wide h[...]

The paper explains why firms with high dispersion of analyst forecasts earn low future returns. These firms beat the CAPM in periods of increasing aggregate volatility an[...]

In the last 20 years many US cities have removed their residency requirements in response to municipal employee demands to choose where they live. We examine the effect o[...]

We propose a risk-based firm-type explanation on why stocks of firms with high relative short interest (RSI) have lower future returns. We argue that these firms have neg[...]

The paper shows that lottery-like stocks are hedges against unexpected increases in market volatility. The loading on the aggregate volatility risk factor explains low re[...]

We study shareholder returns for firms that acquired five or more public, private, and/or subsidiary targets within a short time period. Since the same bidder chooses dif[...]

In a mountainous terrain surface water contamination relates to stream flow and topography, while shallow and deep groundwater contamination flow depends on fissures in b[...]

This paper examines the importance of borrowing constraints and the distribution of asset ownership in determining the e¤ects of remittance in ows. Using an open economy [...]

Job mobility has many overlapping determinants that are hard to characterize solely on the basis of industry or occupation transitions. Workers may match with, and move t[...]