Selected Publications

"AI and Operational Losses: Evidence from U.S. Bank Holding Companies" (with Ping McLemore), Review of Corporate Finance Studies, Accepted.

"Catch the Thief! Fraud in the U.S. Banking Industry" (with Filippo Curti), Review of Corporate Finance Studies, Accepted.

"Haste Makes Waste: Banking Organization Growth and Operational Risk" (with W. Scott Frame and Ping McLemore), Review of Corporate Finance Studies, Forthcoming.

"Economic Policy Uncertainty and Multinational Companies" (with Leming Lin and Leandro Sanz), Review of Finance, (2025) 29 (6): 1769-1807.

"Show Me the Receipts: B2B Payment Timeliness and Expected Returns" (with Paul Lieberman, Andy Naranjo and Mihail Velikov), Journal of Financial Economics, (2025) 172: 104108.

"Unintended Real Effects of EDGAR: Evidence from Corporate Innovation" (with Michael Dambra and Leandro Sanz), The Accounting Review, (2024) 99 (6): 75-99.

"Workforce Policies and Operational Risk: Evidence from U.S. Bank Holding Companies" (with Filippo Curti and Larry Fauver), Journal of Financial and Quantitative Analysis, (2023) 58 (7): 3085-3120.

"Are the Largest Banking Organizations Operationally More Risky?" (with Filippo Curti and W. Scott Frame), Journal of Money, Credit and Banking, (2022) 54 (5): 1223-1259.

"Foreign Investment, Regulatory Arbitrage, and the Risk of U.S. Banking Organizations" (with W. Scott Frame and Leandro Sanz), Journal of Financial and Quantitative Analysis, (2020) 55 (3): 955-988.

"US Banking Sector Operational Losses and the Macroeconomic Environment" (with Azamat Abdymomunov and Filippo Curti), Journal of Money, Credit and Banking, (2020) 52 (1): 115-144.

"Corporate Internationalization, Subsidiary Locations, and the Cost of Equity Capital" (with Andy Naranjo), Journal of International Business Studies, (2019) 50 (9): 1544-1565.

"Property Rights Institutions, Foreign Investment, and the Valuation of Multinational Firms" (with Leming Lin, Leandro Sanz and Detelina Stoyanova), Journal of Financial Economics, (2019) 134 (1): 214-235.

"Predisclosure Accumulations by Activist Investors and Price Impact of Trading," Review of Finance, (2016) 20 (1): 231-263.