Publications

2. "Customer-Base Concentration and the Transmission of Idiosyncratic Volatility along the Vertical Chain" (with Andy Naranjo), Journal of Empirical  Finance, (2017) 40: 73-100.

3. "Fraud Recovery and the Quality of Country Governance" (with Filippo Curti), Journal of Banking & Finance, (2018) 87:446-461.

4. "Operational Risk and Risk Management Quality: Evidence from U.S. Bank Holding Companies" (with Azamat Abdymomunov), Journal of Financial Services Research, (2019) 56 (1): 73-93.

5. "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.

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

7. "Price Pressure of Trading and Equity Prices in Hedge Fund Activism," Journal of Financial Research, (2020) 43 (1): 153-184.

8. "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.

9. "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.

10. "Operational Risk Is More Systemic than You Think: Evidence from U.S. Bank Holding Companies" (with Allen Berger, Filippo Curti and John Sedunov), Journal of Banking & Finance, (2022) 143: 106619.

11. "Global Banks and Systemic Risk: The Dark Side of Country Financial Connectedness," (with Ping McLemore and Leandro Sanz), Journal of International Money and Finance, (2022) 129: 102734.  

12. "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.

13. "Cyber Risk Definition and Classification for Financial Risk Management" (with Filippo Curti, Jeffrey Gerlach, Sophia Kazinnik and Michael Lee), Journal of Operational Risk, (2023) 18 (2): 37-58.

14. "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.