SSRN Chicago Booth Research Papers

1.

Market Efficiency, Long-Term Returns, and Behavioral Finance

Number of pages: 31 Posted: 30 Apr 1997

Working Paper Series

Eugene F. Fama

University of Chicago - Finance

Downloads 86,304

2.

The Capital Asset Pricing Model: Theory and Evidence

CRSP Working Paper No. 550; Tuck Business School Working Paper No. 03-26

Number of pages: 35 Posted: 16 Sep 2003

Working Paper Series

Eugene F. Fama and Kenneth R. French

University of Chicago - Finance and Tuck School of Business at Dartmouth

Downloads 38,721

3.

A Five-Factor Asset Pricing Model

Fama-Miller Working Paper

Number of pages: 52 Posted: 30 Jun 2013 Last Revised: 23 Sep 2014

Working Paper Series

Eugene F. Fama and Kenneth R. French

University of Chicago - Finance and Tuck School of Business at Dartmouth

Downloads 37,711

4.

Value Versus Growth: The International Evidence

Number of pages: 30 Posted: 01 May 1997

Working Paper Series

Eugene F. Fama and Kenneth R. French

University of Chicago - Finance and Tuck School of Business at Dartmouth

Downloads 37,315

5.

Separation of Ownership and Control

Michael C. Jensen, FOUNDATIONS OF ORGANIZATIONAL STRATEGY, Harvard University Press, 1998, and Journal of Law and Economics, Vol. 26, June 1983

Number of pages: 32 Posted: 29 Nov 1998

Accepted Paper Series

Eugene F. Fama and Michael C. Jensen

University of Chicago - Finance and SSRN

Downloads 34,315

6.

International Financial Reporting Standards (IFRS): Pros and Cons for Investors

Accounting and Business Research, Forthcoming

Number of pages: 65 Posted: 13 Sep 2006

Accepted Paper Series

Ray Ball

University of Chicago - Accounting

Downloads 26,825

7.

Taxes, Financing Decisions, and Firm Value

Center for Research in Security Prices (CRSP) Working Paper No.

Number of pages: 34 Posted: 01 Feb 1997

Working Paper Series

Eugene F. Fama and Kenneth R. French

University of Chicago - Finance and Tuck School of Business at Dartmouth

There are 2 versions of this paper

Downloads 25,976

8.

Fact, Fiction and Momentum Investing

Journal of Portfolio Management, Fall 2014 (40th Anniversary Issue), Fama-Miller Working Paper

Number of pages: 26 Posted: 12 May 2014 Last Revised: 03 Oct 2014

Working Paper Series

Clifford S. Asness, Andrea Frazzini, Ronen Israel and Tobias J. Moskowitz

AQR Capital Management, LLC, AQR Capital Management, LLC, AQR Capital Management, LLC and Yale University, Yale SOM

Downloads 22,858

9.

Luck Versus Skill in the Cross Section of Mutual Fund Returns

Tuck School of Business Working Paper No. 2009-56 , Chicago Booth School of Business Research Paper, Journal of Finance, Forthcoming

Number of pages: 43 Posted: 10 Mar 2009 Last Revised: 08 Feb 2010

Accepted Paper Series

Eugene F. Fama and Kenneth R. French

University of Chicago - Finance and Tuck School of Business at Dartmouth

Downloads 21,197

10.

The Equity Premium

EFMA 2001 Lugano Meetings; CRSP Working Paper No. 522

Number of pages: 29 Posted: 20 Jul 2000

Working Paper Series

Eugene F. Fama and Kenneth R. French

University of Chicago - Finance and Tuck School of Business at Dartmouth

There are 2 versions of this paper

Downloads 18,518

11.

The Adjustment of Stock Prices to New Information

International Economic Review, Vol. 10, February 1969, STRATEGIC ISSUES IN FINANCE, Keith Wand, ed., Butterworth Heinemann, 1993, INVESTMENT MANAGEMENT: SOME READINGS, J. Lorie, R. Brealey, eds., Praeger Publishers, 1972

Number of pages: 28 Posted: 08 Feb 2003 Last Revised: 15 Feb 2011

Accepted Paper Series

Eugene F. Fama, Lawrence Fisher, Michael C. Jensen and Richard Roll

University of Chicago - Finance, Rutgers University, Newark, School of Business-Newark, Department of Finance & Economics, SSRN and California Institute of Technology

Downloads 17,934

12.

Financial Accounting Information and Corporate Governance

JAE Rochester Conference April 2000

Number of pages: 115 Posted: 28 Apr 2002

Working Paper Series

Robert M. Bushman and Abbie J. Smith

University of North Carolina Kenan-Flagler Business School and University of Chicago - Booth School of Business

There are 2 versions of this paper

Downloads 15,171

13.

Investor Protection and Corporate Governance

Number of pages: 40 Posted: 27 Jul 2000

Working Paper Series

Rafael La Porta, Florencio Lopez de Silanes, Andrei Shleifer and Robert W. Vishny

Dartmouth College - Tuck School of Business, SKEMA Business School, Harvard University - Department of Economics and University of Chicago - Booth School of Business

There are 4 versions of this paper

Downloads 14,358

14.

The Crisis of Fair Value Accounting: Making Sense of the Recent Debate

Chicago Booth Research Paper No. 33, Accounting, Organizations and Society, Vol. 34, 2009

Number of pages: 28 Posted: 21 Apr 2009

Accepted Paper Series

Christian Laux and Christian Leuz

Vienna University of Economics and Business and University of Chicago - Booth School of Business

Downloads 13,809

15.

Agency Problems and Residual Claims

Michael C. Jensen, FOUNDATIONS OF ORGANIZATIONAL STRATEGY, Harvard University Press, 1998; Journal of Law & Economics, Vol. 26, June 1983

Number of pages: 30 Posted: 29 Nov 1998

Accepted Paper Series

Eugene F. Fama and Michael C. Jensen

University of Chicago - Finance and SSRN

Downloads 13,749

16.

Size Matters, If You Control Your Junk

Fama-Miller Working Paper

Number of pages: 59 Posted: 23 Jan 2015 Last Revised: 16 Apr 2015

Working Paper Series

Clifford S. Asness, Andrea Frazzini, Ronen Israel, Tobias J. Moskowitz and Lasse Heje Pedersen

AQR Capital Management, LLC, AQR Capital Management, LLC, AQR Capital Management, LLC, Yale University, Yale SOM and AQR Capital Management, LLC

There are 2 versions of this paper

Downloads 12,502

17.

The Consequences of Mortgage Credit Expansion: Evidence from the U.S. Mortgage Default Crisis

Number of pages: 54 Posted: 17 Dec 2007 Last Revised: 29 Dec 2008

Working Paper Series

Atif R. Mian and Amir Sufi

Princeton University - Department of Economics and University of Chicago - Booth School of Business

There are 2 versions of this paper

Downloads 12,487

18.

Mandatory IFRS Reporting Around the World: Early Evidence on the Economic Consequences

ECGI - Finance Working Paper No. 198/2008, Chicago GSB Research Paper No. 12

Number of pages: 74 Posted: 25 Oct 2007 Last Revised: 20 Nov 2011

Working Paper Series

Holger Daske, Luzi Hail, Christian Leuz and Rodrigo S. Verdi

University of Mannheim - Accounting and Taxation, University of Pennsylvania - The Wharton School, University of Chicago - Booth School of Business and Massachusetts Institute of Technology (MIT)

There are 2 versions of this paper

Downloads 11,994

19.

Global Accounting Convergence and the Potential Adoption of IFRS by the United States: An Analysis of Economic and Policy Factors

Number of pages: 104 Posted: 11 Mar 2009

Working Paper Series

Luzi Hail, Christian Leuz and Peter D. Wysocki

University of Pennsylvania - The Wharton School, University of Chicago - Booth School of Business and Boston University Questrom School of Business

There are 2 versions of this paper

Downloads 11,616

20.

Disappearing Dividends: Changing Firm Characteristics Or Lower Propensity To Pay?

AFA 2001 New Orleans; CRSP Working Paper No. 509

Number of pages: 53 Posted: 03 Feb 2000

Working Paper Series

Eugene F. Fama and Kenneth R. French

University of Chicago - Finance and Tuck School of Business at Dartmouth

Downloads 10,864

21.

Size, Value, and Momentum in International Stock Returns

Fama-Miller Working Paper, Tuck School of Business Working Paper No. 2011-85, Chicago Booth Research Paper No. 11-10

Number of pages: 36 Posted: 05 Dec 2010 Last Revised: 23 Jun 2011

Working Paper Series

Eugene F. Fama and Kenneth R. French

University of Chicago - Finance and Tuck School of Business at Dartmouth

Downloads 10,786

22.

Did Fair-Value Accounting Contribute to the Financial Crisis?

Chicago Booth Research Paper 09-38, ECGI - Finance Working Paper No. 266/2009, Journal of Economic Perspectives, Forthcoming

Number of pages: 48 Posted: 15 Oct 2009 Last Revised: 15 Dec 2009

Working Paper Series

Christian Laux and Christian Leuz

Vienna University of Economics and Business and University of Chicago - Booth School of Business

There are 3 versions of this paper

Downloads 9,833

23.

Characteristics, Covariances, and Average Returns: 1929-1997

Center for Research in Security Prices (CRSP) Working Paper No. 471

Number of pages: 24 Posted: 12 Aug 1998

Working Paper Series

James L. Davis, Eugene F. Fama and Kenneth R. French

Dimensional Fund Advisors Inc., University of Chicago - Finance and Tuck School of Business at Dartmouth

There are 2 versions of this paper

Downloads 9,580

24.

Private Equity Performance: Returns, Persistence and Capital Flows

MIT Sloan Working Paper No. 4446-03; AFA 2004 San Diego Meetings

Number of pages: 46 Posted: 04 Dec 2003

Working Paper Series

Steven N. Kaplan and Antoinette Schoar

University of Chicago - Booth School of Business and Massachusetts Institute of Technology (MIT) - Sloan School of Management

Downloads 9,041

25.

Private Equity Performance: What Do We Know?

Journal of Finance, Forthcoming, Fama-Miller Working Paper, Chicago Booth Research Paper No. 11-44, Darden Business School Working Paper No. 1932316

Number of pages: 43 Posted: 23 Sep 2011 Last Revised: 30 Jul 2013

Accepted Paper Series

Robert S. Harris, Tim Jenkinson and Steven N. Kaplan

University of Virginia - Darden School of Business, University of Oxford - Said Business School and University of Chicago - Booth School of Business

There are 2 versions of this paper

Downloads 8,424

26.

Earnings Management and Investor Protection: An International Comparison

MIT Sloan Working Paper No. 4225-01; EFA 2002 Berlin Meetings Presented Paper

Number of pages: 32 Posted: 18 Sep 2001 Last Revised: 17 Mar 2008

Working Paper Series

Christian Leuz, Dhananjay Nanda and Peter D. Wysocki

University of Chicago - Booth School of Business, University of Miami - School of Business Administration and Boston University Questrom School of Business

There are 2 versions of this paper

Downloads 8,323

27.

Earnings Management: Reconciling the Views of Accounting Academics, Practitioners, and Regulators

Number of pages: 26 Posted: 08 May 2000

Working Paper Series

Patricia M. Dechow and Douglas J. Skinner

University of Southern California - Leventhal School of Accounting and The University of Chicago - Booth School of Business

Downloads 8,286

28.

How Do Venture Capitalists Make Decisions?

Stanford University Graduate School of Business Research Paper No. 16-33, European Corporate Governance Institute (ECGI) - Finance Working Paper No. 477/2016

Number of pages: 95 Posted: 29 Jun 2016 Last Revised: 10 May 2017

Working Paper Series

Paul A. Gompers, Will Gornall, Steven N. Kaplan and Ilya A. Strebulaev

Harvard Business School - Finance Unit, University of British Columbia (UBC) - Sauder School of Business, University of Chicago - Booth School of Business and Stanford University - Graduate School of Business

There are 2 versions of this paper

Downloads 8,222

29.

The Value Premium and the CAPM

Number of pages: 30 Posted: 16 Mar 2005

Working Paper Series

Eugene F. Fama and Kenneth R. French

University of Chicago - Finance and Tuck School of Business at Dartmouth

Downloads 8,216

30.

The State of U.S. Corporate Governance: What's Right and What's Wrong?

ECGI - Finance Working Paper No. 23/2003

Number of pages: 39 Posted: 08 Sep 2003

Working Paper Series

Bengt R. Holmström and Steven N. Kaplan

Massachusetts Institute of Technology (MIT) - Department of Economics and University of Chicago - Booth School of Business

There are 2 versions of this paper

Downloads 8,081

31.

Dissecting Anomalies

CRSP Working Paper No. 610

Number of pages: 37 Posted: 26 Jun 2006

Working Paper Series

Eugene F. Fama and Kenneth R. French

University of Chicago - Finance and Tuck School of Business at Dartmouth

Downloads 7,901

32.

The Corporate Cost of Capital and the Return on Corporate Investment

CRSP Working Paper

Number of pages: 31 Posted: 11 Aug 1998

Working Paper Series

Eugene F. Fama and Kenneth R. French

University of Chicago - Finance and Tuck School of Business at Dartmouth

Downloads 7,868

33.

Forecasting Profitability And Earnings

CRSP Working Paper No. 456

Number of pages: 18 Posted: 13 Nov 1997

Working Paper Series

Eugene F. Fama and Kenneth R. French

University of Chicago - Finance and Tuck School of Business at Dartmouth

There are 2 versions of this paper

Downloads 7,735

34.

Testing Tradeoff and Pecking Order Predictions About Dividends and Debt

CRSP Working Paper No. 506

Number of pages: 46 Posted: 15 Dec 1999

Working Paper Series

Eugene F. Fama and Kenneth R. French

University of Chicago - Finance and Tuck School of Business at Dartmouth

Downloads 7,530

35.

Accounting Information, Disclosure, and the Cost of Capital

Wharton Financial Institutions Center Working Paper Series #06-20

Number of pages: 47 Posted: 12 Oct 2005

Working Paper Series

Richard A. Lambert, Christian Leuz and Robert E. Verrecchia

University of Pennsylvania - Accounting Department, University of Chicago - Booth School of Business and University of Pennsylvania - Accounting Department

There are 3 versions of this paper

Downloads 7,244

36.

Transparency, Financial Accounting Information, and Corporate Governance

Economic Policy Review, Vol. 9, No. 1, April 2003

Number of pages: 23 Posted: 07 Sep 2005

Accepted Paper Series

Robert M. Bushman and Abbie J. Smith

University of North Carolina Kenan-Flagler Business School and University of Chicago - Booth School of Business

Downloads 7,118

37.

The Market for Financial Adviser Misconduct

Number of pages: 78 Posted: 29 Feb 2016 Last Revised: 10 May 2017

Working Paper Series

Mark Egan, Gregor Matvos and Amit Seru

University of Minnesota Carlson School of Management, University of Chicago - Booth School of Business and Stanford University

There are 2 versions of this paper

Downloads 6,726

38.

Corporate Governance

The New Palgrave Dictionary of Economics and the Law, 1998

Number of pages: 20 Posted: 10 Jun 1998

Accepted Paper Series

Luigi Zingales

University of Chicago - Booth School of Business

There are 2 versions of this paper

Downloads 6,482

39.

Earnings Surprises, Growth Expectations, and Stock Returns: Don't Let an Earnings Torpedo Sink Your Portfolio

Number of pages: 59 Posted: 28 Jul 1999

Working Paper Series

Douglas J. Skinner and Richard G. Sloan

The University of Chicago - Booth School of Business and University of California, Berkeley - Accounting Group

Downloads 6,411

40.

The Cost of Diversity: The Diversification Discount and Inefficient Investment

CRSP Working Paper No. 463

Number of pages: 79 Posted: 05 Feb 1998

Working Paper Series

Raghuram G. Rajan, Henri Servaes and Luigi Zingales

University of Chicago - Booth School of Business, London Business School and University of Chicago - Booth School of Business

There are 3 versions of this paper

Downloads 6,369

41.

Price Momentum and Trading Volume

Number of pages: 42 Posted: 06 Jul 1998

Working Paper Series

Charles M.C. Lee and Bhaskaran Swaminathan

Stanford University - Graduate School of Business and LSV Asset Management

Downloads 6,260

42.

The Global Financial Crisis and the Efficient Market Hypothesis: What Have We Learned?

Journal of Applied Corporate Finance, Forthcoming

Number of pages: 27 Posted: 20 Nov 2009 Last Revised: 11 Dec 2009

Accepted Paper Series

Ray Ball

University of Chicago - Accounting

There are 2 versions of this paper

Downloads 6,082

43.

Real and Accrual-Based Earnings Management in the Pre- and Post-Sarbanes Oxley Periods

AAA 2006 Financial Accounting and Reporting Section (FARS) Meeting Paper

Number of pages: 52 Posted: 28 Sep 2005

Working Paper Series

Daniel A. Cohen, Aiyesha Dey and Thomas Z. Lys

University of Texas at Dallas - Naveen Jindal School of Management, University of Minnesota - Twin Cities - Carlson School of Management and Northwestern University - Kellogg School of Management

There are 3 versions of this paper

Downloads 6,014

44.

Value and Momentum Everywhere

Chicago Booth Research Paper No. 12-53, Fama-Miller Working Paper

Number of pages: 72 Posted: 14 Nov 2012

Working Paper Series

Clifford S. Asness, Tobias J. Moskowitz and Lasse Heje Pedersen

AQR Capital Management, LLC, Yale University, Yale SOM and AQR Capital Management, LLC

There are 2 versions of this paper

Downloads 5,719

45.

Profitability, Growth, and Average Returns

CRSP Working Paper No. 558

Number of pages: 41 Posted: 30 Jul 2004

Working Paper Series

Eugene F. Fama and Kenneth R. French

University of Chicago - Finance and Tuck School of Business at Dartmouth

Downloads 5,640

46.

Audit Quality and Auditor Reputation: Evidence from Japan

Forthcoming, The Accounting Review, Volume 87, No. 5, September 2012, Chicago Booth Research Paper No. 10-15, Harvard Business School Accounting & Management Unit Working Paper No. 10-088

Number of pages: 49 Posted: 22 Feb 2010 Last Revised: 28 Jul 2012

Working Paper Series

Douglas J. Skinner and Suraj Srinivasan

The University of Chicago - Booth School of Business and Harvard Business School

There are 2 versions of this paper

Downloads 5,624

47.

Measuring Income Tax Evasion using Bank Credit: Evidence from Greece

Chicago Booth Research Paper No. 12-25, Fama-Miller Working Paper

Number of pages: 66 Posted: 17 Jul 2012 Last Revised: 28 Sep 2015

Working Paper Series

Nikolaos T. Artavanis, Adair Morse and Margarita Tsoutsoura

University of Massachusetts at Amherst, Isenberg School of Management, University of California, Berkeley - Haas School of Business and Cornell University

There are 2 versions of this paper

Downloads 5,591

48.

Corporate Payout Policy

Foundations and Trends in Finance, Vol. 3, Nos. 2-3, pp. 95-287, 2008

Number of pages: 198 Posted: 07 May 2009 Last Revised: 29 Dec 2012

Accepted Paper Series

Harry DeAngelo, Linda DeAngelo and Douglas J. Skinner

University of Southern California - Marshall School of Business - Finance and Business Economics Department, University of Southern California - Marshall School of Business - Finance and Business Economics Department and The University of Chicago - Booth School of Business

There are 2 versions of this paper