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Roni Michaely

Global rank #1202 98%

Institution: University of Hong Kong

Primary Field: Finance (weighted toward more recent publications)

First Publication: 1988

Most Recent: 2023

RePEc ID: pmi132 ↗

Publication Scores

Scores use coauthorship adjustment: α/n credit per paper, where n = number of authors. α = 2.01: calibrated so average adjusted count equals average raw count (a zero-sum adjustment).

Period S (4x) A (2x) B (1x) C (½x) Total
Last 5 Years 0.00 2.68 2.68 0.00 8.04
Last 10 Years 0.00 7.37 4.02 0.00 18.77
All Time 0.00 23.96 9.05 0.00 56.97

Publication Statistics

Raw Publications 42
Coauthorship-Adjusted Count 33.15

Publications (42)

Year Article Journal Tier Authors
2023 Does Socially Responsible Investing Change Firm Behavior?* Review of Finance B 4
2022 Concierge treatment from banks: Evidence from the paycheck protection program Journal of Corporate Finance B 4
2022 Disappearing and reappearing dividends Journal of Financial Economics A 2
2022 On the fast track: Information acquisition costs and information production Journal of Financial Economics A 4
2022 Do Index Funds Monitor? The Review of Financial Studies A 4
2021 FinTechs and the Market for Financial Analysis Journal of Financial and Quantitative Analysis B 2
2021 What do insiders know? Evidence from insider trading around share repurchases and SEOs Journal of Corporate Finance B 3
2021 Signaling safety Journal of Financial Economics A 3
2020 Information Revealed through the Regulatory Process: Interactions between the SEC and Companies ahead of Their IPO The Review of Financial Studies A 4
2019 Are US Industries Becoming More Concentrated? Review of Finance B 3
2019 Owners’ Portfolio Diversification and Firm Investment The Review of Financial Studies A 4
2019 Consumption Taxes and Corporate Investment The Review of Financial Studies A 3
2018 Trading in the Presence of Short-Lived Private Information: Evidence from Analyst Recommendation Changes Journal of Financial and Quantitative Analysis B 3
2017 Do dividend taxes affect corporate investment? Journal of Public Economics A 3
2017 Does the Scope of the Sell-Side Analyst Industry Matter? An Examination of Bias, Accuracy, and Information Content of Analyst Reports Journal of Finance A 3
2017 Taxation and Dividend Policy: The Muting Effect of Agency Issues and Shareholder Conflicts The Review of Financial Studies A 2
2016 Are Friday announcements special? Overcoming selection bias Journal of Financial Economics A 3
2014 Corporate Governance and the Timing of Earnings Announcements Review of Finance B 3
2012 Corporate Dividend Policies: Lessons from Private Firms The Review of Financial Studies A 2
2011 Determinants of Dividend Smoothing: Empirical Evidence The Review of Financial Studies A 2
2007 On the Importance of Measuring Payout Yield: Implications for Empirical Asset Pricing Journal of Finance A 4
2005 Institutional Holdings and Payout Policy Journal of Finance A 2
2005 Payout policy in the 21st century Journal of Financial Economics A 4
2003 Do Price Discreteness and Transactions Costs Affect Stock Returns? Comparing Ex‐Dividend Pricing before and after Decimalization Journal of Finance A 3
2002 Dividends, Share Repurchases, and the Substitution Hypothesis Journal of Finance A 2
2002 The Making of a Dealer Market: From Entry to Equilibrium in the Trading of Nasdaq Stocks Journal of Finance A 3
2002 Dynamic Volume-Return Relation of Individual Stocks The Review of Financial Studies A 4
2000 Prices, Liquidity, and the Information Content of Trades. The Review of Financial Studies A 2
2000 When the Underwriter Is the Market Maker: An Examination of Trading in the IPO Aftermarket Journal of Finance A 3
2000 The Accuracy of Trade Classification Rules: Evidence from Nasdaq Journal of Financial and Quantitative Analysis B 3
1999 Conflict of Interest and the Credibility of Underwriter Analyst Recommendations. The Review of Financial Studies A 2
1997 Do Changes in Dividends Signal the Future or the Past? Journal of Finance A 3
1997 Do Investors Ignore Dividend Taxation? A Reexamination of the Citizens Utilities Case Journal of Financial and Quantitative Analysis B 2
1996 A Model of Trading Volume with Tax-Induced Heterogeneous Valuation and Transaction Costs Journal of Financial Intermediation B 3
1996 Trading Volume with Private Valuation: Evidence from the Ex-dividend Day. The Review of Financial Studies A 2
1995 Price Reactions to Dividend Initiations and Omissions: Overreaction or Drift? Journal of Finance A 3
1995 Investors' Heterogeneity, Prices, and Volume around the Ex-Dividend Day Journal of Financial and Quantitative Analysis B 2
1995 The Effect of Tax Heterogeneity on Prices and Volume around the Ex-dividend Day: Evidence from the Milan Stock Exchange. The Review of Financial Studies A 2
1994 The Pricing of Initial Public Offerings: Tests of Adverse-Selection and Signaling Theories. The Review of Financial Studies A 2
1991 Ex-dividend Day Stock Price Behavior: The Case of the 1986 Tax Reform Act. Journal of Finance A 1
1990 The Structure of Spot Rates and Immunization. Journal of Finance A 3
1988 Information Quality and Market Efficiency Journal of Financial and Quantitative Analysis B 2