Finance & Insurance Research
Finance & Insurance Research
2024
Erkan-Barlow, A., & Nguyen, T. (2024). Cybersecurity and executive compensation: Can inside debt-induced risk aversion improve cyber risk management effectiveness?. International Review of Financial Analysis, 93, 103173. https://doi.org/10.1016/j.irfa.2024.103173
Esqueda, O. A., & Ngo, T. N. (2024). Corporate transparency among government suppliers: Implications for firm valuation. Accounting & Finance, 64(2), 1947-1979.
Grossmann, A., Ngo, T., & Simpson, M. W. (2024). Societal secrecy and ADR IPOs underpricing. Journal of Behavioral and Experimental Finance, 41, 100888. https://doi.org/10.1016/j.jbef.2024.100888
Harris, O., & Nguyen, T. (2024). Cyberattacks, cash conversion cycle, and corporate performance. Journal of Corporate Accounting & Finance, 35(2), 323-345.
Harris, O., Glegg, C., & Buckley, W. (2019). Do co-opted boards enhance or reduce R&D productivity?. The North American Journal of Economics and Finance, 50, 101005. https://doi.org/10.1016/j.najef.2019.101005
Johnson, W., Jory, S. R., Likitapiwat, T., & Ngo, T. (2024). The liquidity impact of commission-free trading on stocks with lottery features. The Journal of Investing, 33(1), 51-68. DOI: 10.3905/joi.2023.1.286
Ngo, T., Susnjara, J., & Yi, H. C. (2024). Market share, investor horizon, and stock crash risk. Journal of Corporate Accounting & Finance, 35(1), 308-324.
Pooser, D. M., & Browne, M. J. (2024). The impact of regulation on customer satisfaction: Evidence from the US auto insurance industry. Journal of Insurance Regulation. https://doi.org/10.52227/26717.2023
2023
Cook, A., Sirmans, E. T., & Wells, B. P. (2023). Does the legislation of cannabis for medicinal use impact private health insurer prescription drug expenditures? Geneva Papers on Risk and Insurance – Issues and Practice. https://doi.org/10.1057/s41288-022-00284-4
Erkan-Barlow, A., Ngo, T., Goel, R., & Streeter, D. W. (2023). An in-depth analysis of the impact of cyberattacks on the profitability of commercial banks in the United States. Journal of Global Business Insights, 8(2), 120-135.
Erkan-Barlow, A., & Wells, B. P. (2023). The current state of cyber insurance and regulation in the context of investment efficiency and moral hazard: A literature review. Journal of Insurance Regulation, 42. https://doi.org/10.52227/26579.2023
Glambosky, M., Jory, S., & Ngo, T. (2023). Stock market response to the statement on the purpose of a corporation: A vindication of stakeholder theory. Corporate Governance: An International Review, 1-29. https://doi.org/10.1111/corg.12508
James, H. L., Ngo, T., & Wang, H. (2023). The impact of more able managers on corporate trade credit. Journal of Behavioral and Experimental Finance, 40. https://doi.org/10.1016/j.jbef.2023.100857
Murdock, M., Ngo, T., & Richie, N. (2023). The effect of state-level corruption on performance and risk of financial institutions. Journal of Financial Crime. https://doi.org/10.1108/JFC-09-2022-0237
Ngo, T., Susnjara, J., & Yi, H. C. (2024). Market share, investor horizon, and stock crash risk. Journal of Corporate Accounting & Finance, 35(1), 308-324.
Nelson, J. M. (2023). Abnormal returns from hedging, firm size, and the Fama and French multifactor models. International Journal of Financial Research, DOI: https://doi.org/10.5430/ijfr.v14n2p71
Wells, B. P., Erkan, A., & Walkowiak, W. (2023). Diminished value in automobile insurance. Journal of Insurance Regulation, https://doi.org/10.52227/26578.2023
Weston, H., & Wells, B. P. (2023). Reconciling the principle of indemnity in diminished value automobile insurance claims. Connecticut Insurance Law Journal, 29(1), 1-27. https://readingroom.law.gsu.edu/faculty_pub/3475
2022
Beierlein, J. J., Launby, K., & Smith F. H. (2022). Why are women less motivated to become financially literate? Financial Services Review. 30(2), 89-105.
Brodmann, J., Danso, C., & Ngo, T. (2022). Geographic strategies in mergers and acquisitions by financial institutions. Accounting and Finance. 62(3), 3319-3363.
Chen, H., Jory, S., & Ngo, T. (2022). Mandatory cash distribution as one stone for two birds: Curtailing the agency problem and protecting minority shareholders. Review of Corporate Finance, (2), 353-392
Erkan, A., & Turedi, S. (2022). CIO equity compensation and IT investment: The moderating role of board monitoring and evidence of managerial myopia. Review of Behavioral Finance. DOI:10.1108/rbf-04-2022-0118.
Harris, O., & Nguyen, T. (2022). Director co-option and future market share growth. North American Journal of Economics and Finance. 62(C).
Harris, O., & Hampton, J. (2022). Director co-option and the cash conversion cycle. Journal of Corporate Accounting and Finance, 33(1), 129–141.
Huerta, D., Ngo, T., & Pyles, M. (2022). Market and institutional ownership reactions to REIT security issuances. Journal of Real Estate Finance and Economics. 1-36.
James, H., Li, B., Ngo, T., & Wang, H. (2022). Major customers and corporate payout flexibility. Quarterly Journal of Finance. 12(2).
Killins, R., Ngo, T., & Wang, H. (2022). Politics and equity markets: Evidence from Canada. Journal of Multinational Financial Management. 63(C).
Linton, C. A. P., Harris, O. M., Ngo, T., & Susnjara, J. (2022). Having the government as a client: Does this reduce the earnings management of the firm? Journal of Government and Economics. (4), 1-20.
Ouyang, W., Szewczyk, S., & Ngo, T. (2022). Assortative matching in pre-deal stock price firm-specific information. Applied Economics. 1-24.
Ouyang, W., Szewczyk, S., & Ngo, T., Wang, H. (2022). Revenue classification shifting: Does CEO gender matter? Review of Pacific Basin Financial Markets and Policies. 26(1).
Wells, B. P., Weston, H., & Schwarzbach, C. (2022). The conflict and burden of insurer appointments for brokers and the need for regulatory reform. Journal of Insurance Regulation. 41(1), 1-19.
2021
Foster, L., Ngo, T., & Pyles, M. (2021). GIPS and hedge funds: Is compliance a certification agent? Journal of Alternative Investments, 24 (2), 124-13.
Frederick, J. D., & Karl, J. B. (2021). The COVID-19 pandemic and health insurance regulation. Journal of Insurance Regulation, 40(2).
Glegg, C., Harris, O., Ngo, T., & Susnjara, J. (2021). Having the government as a client: Does this reduce earnings management of the firm? Journal of Government and Economics, 4, 1–20.
Harris, O. N., & Erkan, A. (2021). Co-opted boards and earnings management: Evidence of reduced short-termist behavior. SageJournals, 1-25.
Huerta, D., Ngo, T., & Pyles, M. (2021). Institutional ownership and REIT acquisitions. Applied Economics, 53(36), 4207-4228.
James, H., Ngo, T., & Wang, H. (2021). Independent director tenure and corporate transparency. North American Journal of Economics and Finance, 57(101413).
Jory, S., Ngo, T., & Nguyen, C. (2021). Debt covenants and asset versus equity acquisitions. Journal of Financial Research, 44(1), 145–177.
Killins, R., Ngo, T., & Wang, H. (2021). Goodwill impairment and CEO overconfidence. Journal of Behavioral and Experimental Finance, 29(100459).
Ngo, T., Mai, E., Siguaw, J. A., & Jory, S. (2021). The contribution of managerial ability on customer satisfaction: An empirical investigation. Journal of Strategic Marketing. https://doi.org/10.1080/0965254X.2021.1904436.
Wang, D., Esqueda, O., Houmes, R., & Ngo, T. (2021). Impact of government bailout on banks’ cost of equity: Additional evidence from the financial bailout of 2008-2009. Review of Pacific Basin Financial Markets and Policies, 24(1), 2150003.
2020
Farooqi, J., Jory, S., & Ngo, T. (2020). Target firm earnings management, acquisition premium and shareholder gains. The International Journal of Accounting 55(2),1-48.
Glambosky, M., Jory, S., & Ngo, T. (2020). The wealth effects of mergers and acquisitions by dividend payers. Quarterly Review of Economics and Finance. 78, 154-165.
Gowin, K., Wang, D., Jory, S., Houmes, R., & Ngo, T. (2020). Impact on the firm value of financial institutions from penalties for violating anti-money laundering and economic sanctions regulations. Finance Research Letters 40(C), DOI: 10.1016/j.frl.2020.101675.
Grossmann, A., & Ngo, T. (2020). Economic policy uncertainty and ADR mispricing. Journal of Multinational Financial Management, 55, 1-19
Jory, S., Ngo, T., & Wang, H. (2020). Non-operating earnings and firm risk. Review of Financial Economics, 39(1),95-123.
Karl, J. B., & Nyce, C. M. (2020). The effect of distracted driving laws on automobile liability insurance claims. North American Actuarial Journal, 24, 593-610.
Killins, R., Ngo, T., & Wang, H. (2020). The underpricing of sin stocks. The Journal of Investing, 8, 1-6.
Madden, L. T., McMillan, A., & Harris, O. M. (2020). Drivers of selectivity: Understanding the impact of age and ownership on CSR. Journal of Family Business Strategy, 2, 1-9.
Wang, D., Jory, S., & Ngo, T. (2020). The cohabitation of institutional investors with the government: A case study of the TARP-CPP program. Journal of Behavioral and Experimental Finance, 28, 2214-6350.
Wells, B. P. (2020). Social media mantra: Do no harm. Marijuana Venture, 7, 124-126
Weston, H., & Wells, B. P. (2020). Social media as factor in personal injury underwriting: Risk, rate and regulation. Journal of Insurance Regulation, 39(1).
2019
Beierlein, J. J., & Nelson, J. M. (2019). Do IPO prices reflect firm quality? Managerial Finance, 45(4), 499–512.
Born, P. H., Karl, J., & Montesinos-Yufa, H. (2019). The effect of damage cap reforms on medical malpractice insurance market conditions during periods of crises. Journal of Risk and Insurance, 86(4), 1045-1071
Chen, H., Jory, S., & Ngo, T. (2019). Earnings management under different ownership and corporate governance structure: A natural experiment with master limited partnerships. Quarterly Review of Economics and Finance, 76, 139-156
Cole, C. R., & Karl, J. (2019). The differential effects of medical loss ratio regulation on the individual health insurance marketplace. Journal of Insurance Regulation, 38(1), 1-27
Esqueda, O. A., Ngo, T., & Susnjara, J. (2019). The effect of government contracts on corporate valuation. Journal of Banking and Finance, 106, 305-322
Farooqi, J., Jory, S., & Ngo, T. (2019). Active fund managers and earnings management at portfolio companies. Review of Accounting and Finance, 19(1), 48-82
Huerta, D., Ngo, T., & Pyles, M. (2019). Equity versus asset acquisitions in the reit industry. Journal of Real Estate Research. 42(1), 1-35.
Jory, S., Mellado-Cid, C., & Ngo, T. (2019). Options trades, short sales and real earnings management. Accounting and Business Research, 49(4), 400–427
Jory, S., Ngo, T., & Susnjara, J. (2019). Stock mergers and acquirers’ subsequent Stock price crash risk. Review of Quantitative Finance and Accounting, 54(1), 359-387
Wells, B. (2019). Holy @#$% I’ve been sued. Marijuana Venture, 6(3), 92–98.
Wells, B. (2019). Identifying risks: What can go wrong? Marijuana Venture, 6(1), 138–140
2018
Chen, H., & Ngo, T. (2018). Master limited partnership: Is it a smart investment vehicle? Journal of Commodity Markets, 11, 22–36.
Escobari, D., Jafarinejad, M., & Ngo, T. (2018). Disentangling the impact of industrial and global diversification on firm risk. Global Finance Journal, 39, 39–56.
Harris, O. M. (2018). The impact of industrial districts on the pricing of IPOs. Quarterly Review of Economics and Finance, 69, 274-285.
Harris, O. M. (2018). Do co-opted boards enhance or reduce R&D productivity? North American Journal of Economics and Finance, 50, 1062-9408.
Houmes, R., Wang, D., & Ngo, T. (2018). The effect of audit quality on the pension risk cost of equity relation. The Journal of Applied Accounting Research, 20(1), 22–40.
Jory, S.R., Mishra, T., & Ngo, T. (2018). Location-specific stock market indices: An exploration. The European Journal of Finance, 25, 305-337.
Wells, B. (2018). Employment laws and the risk of ignorance. Marijuana Venture, 5(10), 158–160.
Wells, B. (2018). How to create a risk management dream team. Marijuana Venture, 5(12), 134–138.
Wells, B. (2018). Marijuana legalization: Implications for risk management and insurance. The Risk Report, 37, 77-92.
Wells, B. (2018). Risk management when no one is watching. Marijuana Venture, 5(8), 144–146
2017
Bisco, J. M., Cole, C. R., & Karl, J. (2017). The effect of government run healthcare on the salaries of nursing professionals in the U.S. Journal of Insurance Issues, 40(2), 215-246.
Born, P. H., Karl, J. B., Viscusi, W. K. (2017). The net effects of medical malpractice tort reform on health insurance losses: The Texas experience. Health Economics Review, 7(1), 42.
Erkan, A., Fainshmidt, S., & Judge, W. Q. (2017). Variance decomposition of the country, industry, firm, and firm-year effects on dividend policy. International Business Review, 25, 1309–1320.
Farooqi, J., Ngo, T., & Jory, S. (2017). Real activities manipulation by bidders prior to mergers and acquisitions. Review of Accounting & Finance, 16(3), 322-347.
Glegg, C. A., Harris, O. M., & Ngo, T. (2017). Corporate social responsibility and the wealth gains from dividend increases. Review of Financial Economics, 36, 149-166.
Grossman, A., Ngo, T., & Simpson, M. (2017). The asymmetric impact of currency purchasing power imparities on ADR mispricing. Journal of Multinational Financial Management, 42–43, 74–94.
Jory, S., Ngo, T., & Nguyen, K. (2017). Institutional ownership and the spillover effects of shareholder activism. International Journal of Corporate Governance, 66, 328-344.
Jory, S., Ngo, T., & Sakaki, H. (2017). Institutional ownership stability and dividend payout policy. Managerial Finance, 43, 1054-1055.
Jory, S., Ngo, T., & Susjara, J. (2017). The effect of shareholder activism on bondholders and stockholders. Quarterly Review of Economics and Finance, 66, 328-344.
Mellado-Cid, C., Jory, S. R., & Ngo, T. (2017). Real earnings management activities prior to bond issuance. Business Research Quarterly, 20(3), 164-177.
Mellado-Cid, C., Jory, S. R., & Ngo, T. N. (2017). Real activities manipulation and firm valuation. Review of Quantitative Finance and Accounting, 50(4), 1201-1226.
2016
Blau, B. M., Daines, B., Karl, J. B., & Wade, C. (2016). Key stakeholders’ stock returns and the affordable care act. Journal of Insurance Regulation, 35(9), 1-25.
Chen, H., & Ngo, T. (2016). Leverage-based index revisions: The case of Dow Jones Islamic market world Index. Global Finance Journal. 32, 16-34.
Cole, C. R., Karl, J. B., & Wade, L. (2016). A review of states’ decisions regarding health insurance exchanges. Journal of Insurance Regulation, 35(2), 1-27.
Farooqi, J., Jory, S., & Ngo, T. (2016). Institutional investors’ activism and credit ratings. Journal of Economics and Finance, 41(1), 51–77.
Jory, S., & Ngo, T. (2016). Firm power in product market and stock returns. Quarterly Review of Economics and Finance, 65, 182-193.
Jory, S., Ngo, T., & Wang, D. (2016). Credit ratings and the premiums paid in mergers and acquisitions. Journal of Empirical Finance, 39(A), 93–104.
Karl, J. B., & Wells, B. (2016). Improving perceptions of the insurance industry: The influence of insurance professionals, Risk Management and Insurance Review, 19, 147–166.
Ngo, T. (2016). Exchange rate exposure of REITs. Quarterly Review of Economics and Finance, 64, 249-258.
Ngo, T., & Susnjara, J. (2016). Hostility and deal completion likelihood in international acquisitions: The moderating effect of information leakage. Global Finance Journal, 31, 42-56.
Surendranath, J., & Ngo, T. (2016). Institutional ownership and senior-level executives’ tenure. International Journal of Corporate Governance, 7(2), 103–137.
2015
Below, S., Beracha, E., & Skiba, H. (2015). Land erosion and coastal home values. Journal of Real Estate Research, 37(4), 499–536.
Beckmann, K., Ngo, T., & Wang, D. (2015). The informational content of ADR mispricing. Journal of Multinational Financial Management, 32-33, 1-14
Below, S., Beracha, E., & Skiba, H. (2015). The impact of high-powered storms on the selling price and liquidity of coastal residential real estate. The Journal of The Center for Real Estate Research, 3(1), 6–24.
Chen, H., Farooqi, J., Huerta, D., & Ngo, T. (2015). Momentum strategies in Shari’ah compliant stocks: The role of debt. The Journal of Investing, 1–22.
Cole, C. R., & Karl, J. (2015). A preliminary examination of health insurers participating on federally facilitated marketplaces. Journal of Insurance Regulation, 34(8), 1-22.
Farooqi, J., Huerta, D., & Ngo, T. (2015). Should you globally diversify or let the globally diversified firm do it for you? The Quarterly Review of Economics and Finance, 57, 75–85.
Huerta, D., Jackson, D., & Ngo, T. (2015). Categorizing sentiment and its impact on REIT returns. Managerial Finance, 41(9), 958-973.
JafariNejad, M., Jory, S., & Ngo, T. (2015). The effects of institutional ownership on the value and risk of diversified Firms. International Review of Financial Analysis, 40, 207–219.
Jory, S., & Ngo, T. (2015). The wealth effects of acquiring foreign divested assets. International Business Review, 24, 235–245.
Jory, S., Ngo, T., Wang, D., & Saha, A. (2015). The market response to corporate scandals involving CEOs. Applied Economics, 7(17), 1723–1738.
2014
Beierlein, J., & Nelson, J. M. (2014). The use of derivatives and firm value. International Research Journal of Applied Finance, (4), 342–361.
Farooqi, J., Harris, O., & Ngo, T. (2014). Corporate diversification, real activities manipulation, and firm value. Journal of Multinational Financial Management, 27, 130–151.
Jory, S., & Ngo, T. (2014). Cross-Border Acquisitions of State-Owned Enterprises. Journal of International Business Studies, 45, 1096–1114.
Karl, J. B. (2014). A discussion of private health insurance markets in 10 OECD Countries. Journal of Insurance Regulation, 33, 41-66.
Madura, J., & Ngo, T. (2014). Private information leakages and informed trading returns of tech target firms. The Journal of High Technology Management Research, 25(1), 36–53.
Madura, J., & Ngo, T. (2014). Regulating informed trading before merger bids in Canada. International Journal of Corporate Governance, 5(1), 22–42.
Medders, L. A., Nyce, C. M., & Karl, J. B. (2014). Market implications of public policy interventions: The case of Florida’s property insurance market. Risk Management and Insurance Review, 17, 183-214.
Nelson, J., & Beierlein, J. (2014). The use of derivatives and firm value. International Research Journal of Applied Finance, (4), 342–361.
Ngo, T., Madura, J., & Susnjara, J. (2014). Information leakages and the costs of merging in Europe. Applied Financial Economics, 24(8), 515–532.
2013
Beierlein, J., & Neverett, M. (2013). Should personal finance be the first finance course? Financial Services Review, 22(3), 245–267.
Beierlein, J., & Neverett, M. (2013). Who takes personal finance? Financial Services Review, 22(2), 151–171.
Jory, S., Dontis-Charitos, P., Ngo, T., & Nowman, K. (2013). A multi-country analysis of the 2007-2009 financial crisis: Empirical results from discrete and continuous time models. Applied Financial Economics, 23(11), 929–950.
Huerta, D., Harris, O., & Ngo, T. (2013). The impact of TARP on bank efficiency. Journal of International Financial Markets, Institutions & Money, 24, 85–104.
2012
Garcia-Feijoo, L., Madura, J., & Ngo, T. (2012). Impact of industry characteristics on the method of payment in mergers. Journal of Economics and Business, 64, 261–274.
Glegg, C., Harris, O., Ngo, T., & Madura, J. (2012). The impact of mispricing and asymmetric information on the price discount of private placements of common stock. The Financial Review, 47, 665–696.
Jory, S., & Ngo, T. (2012). The effect of foreign segment location on the geographic diversification discount. Global Finance Journal, 23, 108–124.
Jory, S., Madura, J., & Ngo, T. (2012). Deal structure decision in the global market for divested assets. International Review of Financial Analysis, 24, 104–116.
Madura, J., & Ngo, T. (2012). Determinants of the medium of payment used to acquire privately-held targets. Journal of Economics and Finance, 36, 424–442.
Madura, J., & Ngo, T. (2012). Re-examination of industry effects due to withdrawn mergers. Journal of Economics and Finance, 36(3), 613–633.
Madura, J., & Ngo, T. (2012). Withdrawals of mergers involving private targets. Applied Financial Economics, 22(4), 313–320.
Madura, J., Ngo, T., & Viale, A. (2012). Why do merger premiums vary across Industries and over time. The Quarterly Review of Economics and Finance, 52, 49–62.