... methods Discrimination Mutual fund performance Flows C18 G11 G20 J71 Seemingly minor empirical choices can meaningfully affect conclusions in financial research. I revisit Kumar et al. (2015) , who observe that mutual fund managers with ‘Foreign’-sounding names attract less...

... Stock market Bank regulation G20 G21 G28 Numerous stock market downturns of large magnitude have occurred over the past several decades. A recent example is when the S&P 500 plummeted 34 percent in early 2020 during the onset of the COVID-19 pandemic. Retail investors often exit...

... the economic importance of the control group of large issuers in the U.S. IPO market. G20 G24 G38 K22 What is the effect of the Jumpstart Our Business Startups (JOBS) Act on initial public offering (IPO) pricing? The JOBS Act was signed into law on April 5, 2012, with the objective to improve...

... G00 G11 G14 G20 Using a novel bootstrap technique, Kosowski, Timmermann, Wermers, and White (2006) (henceforth, KTWW) “find that a sizable minority of managers pick stocks well enough to more than cover their costs” over the period 1975 to 2002. Their work has subsequently been heavily...

... for small and cheap stocks by managing their share prices. © 2017 M. F. Perez and A. Shkilko 2017 M. F. Perez and A. Shkilko Licensed re-use rights only Stock splits Nominal share price Catering G20 G39 Baker et al. (2009) (hereafter, BGW) propose that investors have...