Kevin Keasey

University of Leeds - Division of Accounting and Finance

Leeds LS2 9JT

United Kingdom

SCHOLARLY PAPERS

41

DOWNLOADS
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Top 6,548

in Total Papers Downloads

6,814

SSRN CITATIONS
Rank 7,081

SSRN RANKINGS

Top 7,081

in Total Papers Citations

11

CROSSREF CITATIONS

133

Scholarly Papers (41)

1.

The Link between Dividend Policy and Institutional Ownership

Journal of Corporate Finance, Vol. 8, pp. 105–122, 2002
Number of pages: 18 Posted: 24 Mar 2011
Helen Short, Hao Zhang and Kevin Keasey
University of Leeds - Division of Accounting and Finance, University of Macau - Faculty of Business Administration and University of Leeds - Division of Accounting and Finance
Downloads 1,450 (12,586)
Citation 2

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Dividend policy, Institutional ownership

2.

The Shareholder Wealth Effects of Insurance Securitization: Preliminary Evidence from the Catastrophe Bond Market

Journal of Financial Services Research, Forthcoming
Number of pages: 37 Posted: 03 Dec 2010 Last Revised: 01 Aug 2012
Independent, University of Edinburgh - Business School and University of Leeds - Division of Accounting and Finance
Downloads 921 (25,021)
Citation 2

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Insurance securitization, Catastrophe risk, Catastrophe bonds, Performance

3.

A New Test of Signaling Theory

Finance Letters, Vol. 5, No. 2, pp. 1-5, 2007
Number of pages: 5 Posted: 13 Jan 2008
Charlie X. Cai, Darren Duxbury and Kevin Keasey
University of Liverpool Management School, Newcastle University Business School and University of Leeds - Division of Accounting and Finance
Downloads 855 (27,778)

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Signaling theory, IPO market

4.

The Risk Implications of Insurance Securitization: The Case of Catastrophe Bonds

Number of pages: 44 Posted: 15 Apr 2011 Last Revised: 08 Jan 2014
Independent, University of Edinburgh - Business School, University of Leeds - Division of Accounting and Finance and University of Edinburgh
Downloads 787 (31,178)
Citation 1

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Insurance securitization, Catastrophe bonds, Default risk

5.

Short Term Predictability, Volume and Microstructure Effects in Stock Prices

Number of pages: 59 Posted: 11 Jul 2008
Kevin Keasey, Robert Hudson and Shima Amini
University of Leeds - Division of Accounting and Finance, Hull University Business School (HUBS) and University of Leeds
Downloads 407 (73,084)

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Predictability, Overreaction, Underreaction, Market efficiency, Momentum, Volume, Microstructure

6.

Market Development, Information Diffusion and the Global Anomaly Puzzle

Number of pages: 70 Posted: 30 Sep 2016 Last Revised: 22 Oct 2019
Charlie X. Cai, Kevin Keasey, Peng Li and Qi Zhang
University of Liverpool Management School, University of Leeds - Division of Accounting and Finance, University of Leeds - Leeds University Business School (LUBS) and Durham University
Downloads 273 (114,056)
Citation 2

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Asset Pricing, Anomalies, Behavioral Finance, Multi-Factor Models, International Evidence

7.

When Banks Grow Too Big for their National Economies: Tail Risks, Risk Channels, and Government Guarantees

Journal of Financial and Quantitative Analysis, Forthcoming
Number of pages: 58 Posted: 28 Nov 2012 Last Revised: 22 Jun 2017
University of Edinburgh - Business School, University of Leeds - Division of Accounting and Finance and University of Leeds - Division of Accounting and Finance
Downloads 228 (137,060)
Citation 1

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Banks, Size, Tail Risk, Too-Big-to-Fail, Government Guarantees

8.

Trading Frictions and Market Structure: An Empirical Analysis

Journal of Business Finance & Accounting, Vol. 35, No. 3-4, pp. 563-579, 2008
Number of pages: 28 Posted: 06 Oct 2010
University of Liverpool Management School, University of Strathclyde - Department of Accounting and Finance, Hull University Business School (HUBS) and University of Leeds - Division of Accounting and Finance
Downloads 181 (170,054)

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SETS, SEAQ, Trading Friction, Market Structure

9.

Paying Too Much for Growth: What have Investors Missed?

Leeds University Business School Working Paper No. 17-09
Number of pages: 64 Posted: 01 Feb 2017 Last Revised: 21 Feb 2018
Charlie X. Cai, Kevin Keasey, Peng Li and Qi Zhang
University of Liverpool Management School, University of Leeds - Division of Accounting and Finance, University of Leeds - Division of Accounting and Finance and Durham University
Downloads 169 (180,629)

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Limited Attention, Investment Growth Anomaly, Expectation Error, US market, International market

10.

Does Debt Concentration Depend on the Risk-Taking Incentives in CEO Compensation?

Number of pages: 57 Posted: 08 Jul 2016 Last Revised: 09 Feb 2018
Universidad de León, University of Leeds - Division of Accounting and Finance, Universidad de León, Universidad de León and University of Leeds - Division of Accounting and Finance
Downloads 169 (180,629)

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Debt Concentration; Executive Compensation; Asset Substitution; Corporate Governance

11.

Does Bank Default Risk Increase with Information Asymmetry? Evidence from Europe

Number of pages: 47 Posted: 15 Sep 2013
Francesco Vallascas and Kevin Keasey
University of Leeds - Division of Accounting and Finance and University of Leeds - Division of Accounting and Finance
Downloads 169 (180,629)
Citation 2

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Banking Risk, Global Financial Crisis, Information Asymmetry

12.

Forecasting Using High-Frequency Data: A Comparison of Asymmetric Financial Duration Models

Journal of Forecasting, Vol. 28, No. 5, pp. 371–386, August 2009
Number of pages: 35 Posted: 06 Oct 2010
Qi Zhang, Kevin Keasey and Charlie X. Cai
Independent, University of Leeds - Division of Accounting and Finance and University of Liverpool Management School
Downloads 151 (198,602)

Abstract:

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Autoregressive Duration Model (ACD), forecasting, high-frequency data, market microstructure

13.

The Impact of Mega-Catastrophes on Insurers: An Exposure-Based Analysis of the U.S. Homeowners’ Insurance Market

Number of pages: 29 Posted: 09 Sep 2012 Last Revised: 16 Jul 2014
Independent, University of Edinburgh - Business School and University of Leeds - Division of Accounting and Finance
Downloads 148 (201,998)

Abstract:

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G20, G22, G32

14.

A Cross-Country Analysis of Herd Behavior in Europe

Journal of International Financial Markets, Institutions and Money, Forthcoming
Number of pages: 39 Posted: 14 Jun 2014
Mobarek Asma, Sabur Mollah and Kevin Keasey
Stockholm Business School, Sheffield University Management School, University of Sheffield and University of Leeds - Division of Accounting and Finance
Downloads 146 (204,298)
Citation 2

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Herding, Cross-sectional Dispersion of Returns, Global Financial Crisis, Eurozone Crisis

15.

Are Market-Based Rankings of Global Systemically Important Financial Institutions Useful for Regulators?

Journal of Money, Credit, and Banking, Forthcoming
Number of pages: 56 Posted: 11 Aug 2013 Last Revised: 05 Oct 2015
Independent, University of Leeds - Division of Accounting and Finance, University of Leeds - Division of Accounting and Finance and University of Liverpool Management School
Downloads 125 (231,026)
Citation 2

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systemic risk, systemically important financial institutions, regulation, bank bailouts

16.

Determinants of the Component Structure of Intraday Return Distributions

Applied Financial Economics, Vol. 20, No. 4, 2010
Number of pages: 20 Posted: 06 Oct 2010
Charlie X. Cai, Kevin Keasey and Gao-Liang Tian
University of Liverpool Management School, University of Leeds - Division of Accounting and Finance and Xi'an Jiaotong University (XJTU) - School of Management
Downloads 114 (247,257)

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Return Distribution, Intraday, Information Flow, Liquidity, High-frequency Data, Market Microstructure.

17.

Market Reaction to Earnings News: A Unified Test of Information Risk and Transaction Costs

Journal of Accounting and Economics 56 (2013) 251–266
Number of pages: 41 Posted: 12 Aug 2013 Last Revised: 08 Jan 2014
Qi Zhang, Charlie X. Cai and Kevin Keasey
Independent, University of Liverpool Management School and University of Leeds - Division of Accounting and Finance
Downloads 111 (252,033)

Abstract:

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information risk, transaction costs, price discovery, earnings announcements

18.

CEO Turnover in Large Banks: Does Tail Risk Matter?

Leeds University Business School Working Paper No. 18-01
Number of pages: 52 Posted: 11 May 2017
University of Leeds - Division of Accounting and Finance, University of Leeds - Division of Accounting and Finance, Sheffield University Management School, University of Sheffield and University of Leeds - Division of Accounting and Finance
Downloads 98 (274,518)
Citation 1

Abstract:

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G21, G28

19.

How Prior Realized Outcomes Affect Portfolio Decisions

Review of Quantitative Finance and Accounting, Forthcoming
Number of pages: 36 Posted: 22 Feb 2013 Last Revised: 25 Feb 2013
Newcastle University Business School, Hull University Business School (HUBS), University of Leeds - Division of Accounting and Finance, Tsinghua University - School of Economics & Management and Independent
Downloads 91 (287,991)
Citation 1

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prior realized outcomes, stock characteristics, portfolio composition

20.

Growing Beyond Smallness: How Do Small, Closely Controlled Firms Survive?

International Small Business Journal, Vol. 28, No. 6, pp. 620-630, 2010
Number of pages: 11 Posted: 27 Oct 2011
Wilson Ng and Kevin Keasey
University of Roehampton and University of Leeds - Division of Accounting and Finance
Downloads 49 (400,191)

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Absorptive Capacity, Closely Controlled Firms, Critical Incident, Family Firms, Tipping Points

21.

Outside CEOs of Financial and Non-Financial Firms As Independent Directors on Bank Boards

Number of pages: 56 Posted: 16 Oct 2018
Usman Gilani, Kevin Keasey and Francesco Vallascas
University of Leeds – Division of Accounting and Finance, University of Leeds - Division of Accounting and Finance and University of Leeds - Division of Accounting and Finance
Downloads 29 (482,564)

Abstract:

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Bank Boards, Outside CEOs, Business Models

22.

Bank Governance and Acquisition Performance

Corporate Governance: An International Review, Vol. 15, No. 5, pp. 957-968, September 2007
Number of pages: 12 Posted: 28 Sep 2007
Jens Hagendorff, Michael Collins and Kevin Keasey
University of Edinburgh - Business School, University of Leeds and University of Leeds - Division of Accounting and Finance
Downloads 25 (504,067)
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Bank acquisitions, performance, board composition, board diversity

23.

Intra Day Bid-Ask Spreads, Trading Volume and Volatility: Recent Empirical Evidence from the London Stock Exchange

Journal of Business Finance & Accounting, Vol. 31, No. 5-6, pp. 647-676, June 2004
Number of pages: 30 Posted: 12 Jul 2004
Kevin Keasey, Charlie X. Cai and Robert Hudson
University of Leeds - Division of Accounting and Finance, University of Liverpool Management School and Hull University Business School (HUBS)
Downloads 24 (509,810)
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24.

Conversion, Performance and Executive Compensation in UK Building Societies

Corporate Governance: An International Review, Vol. 12, No. 3, pp. 361-370, July 2004
Number of pages: 10 Posted: 07 Aug 2004
University of Kent - Canterbury Business School, University of Leeds - Division of Accounting and Finance and Bangor Business School
Downloads 23 (515,487)
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25.

Internal Rating Based Models: Do They Matter for Bank Profit Margins?

Number of pages: 58 Posted: 28 Jun 2019 Last Revised: 30 Jun 2019
University of Leeds, University of Leeds - Division of Accounting and Finance and University of Leeds - Division of Accounting and Finance
Downloads 21 (527,295)

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Net-Interest Margin, Internal Risk Models, Bank Regulation

26.

Investor Mix and Mutual Fund Performance: A Flow Based Measure of Relative Smartness

Number of pages: 42 Posted: 30 Oct 2019
You Zhou, Peng Li, Charlie X. Cai and Kevin Keasey
University of Leeds - Leeds University Business School (LUBS), University of Leeds - Division of Accounting and Finance, University of Liverpool Management School and University of Leeds - Division of Accounting and Finance
Downloads 18 (545,209)

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mutual-fund flows, risk factors, non-risk factors, smart-money effect, CAPM

27.

Corporate Governance and Information Efficiency in Security Markets

European Financial Management, Vol. 12, No. 5, pp. 763-787, November 2006
Number of pages: 25 Posted: 23 Oct 2006
Charlie X. Cai, Kevin Keasey and Helen Short
University of Liverpool Management School, University of Leeds - Division of Accounting and Finance and University of Leeds - Division of Accounting and Finance
Downloads 13 (575,864)
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28.

Influence of Cultural Factors on Price Clustering and Price Resistance in China's Stock Markets

Accounting & Finance, Vol. 47, No. 4, pp. 623-641, December 2007
Number of pages: 19 Posted: 11 Dec 2007
Bill M. Cai, Charlie X. Cai and Kevin Keasey
Independent, University of Liverpool Management School and University of Leeds - Division of Accounting and Finance
Downloads 11 (588,766)
Citation 1
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29.

Comparative Performance of UK Mutual Building Societies and Stock Retail Banks: Further Evidence

Accounting & Finance, Vol. 48, No. 2, pp. 319-336, June 2008
Number of pages: 18 Posted: 13 May 2008
Radha K. Shiwakoti, Kevin Keasey and Robert Hudson
University of Kent - Canterbury Business School, University of Leeds - Division of Accounting and Finance and Hull University Business School (HUBS)
Downloads 3 (642,909)
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30.

Trading Frictions and Market Structure: An Empirical Analysis

Journal of Business Finance & Accounting, Vol. 35, Issue 3-4, pp. 563-579, April/May 2008
Number of pages: 17 Posted: 22 Apr 2008
Charlie X. Cai, David Hillier and Kevin Keasey
University of Bradford - School of Management, University of Strathclyde - Department of Accounting and Finance and University of Leeds - Division of Accounting and Finance
Downloads 2 (652,343)
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Board Monitoring, Regulation, and Performance in the Banking Industry: Evidence from the Market for Corporate Control

Corporate Governance: An International Review, Vol. 18, Issue 5, pp. 381-395, September 2010
Number of pages: 15 Posted: 15 Sep 2010
Jens Hagendorff, Michael Collins and Kevin Keasey
University of Edinburgh - Business School, affiliation not provided to SSRN and University of Leeds - Division of Accounting and Finance
Downloads 2 (683,394)
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Board Monitoring, Regulation and Performance in the Banking Industry: Evidence from the Market for Corporate Control

Corporate Governance: An International Review, Forthcoming
Posted: 29 Feb 2008 Last Revised: 16 Jun 2010
Jens Hagendorff, Michael Collins and Kevin Keasey
University of Edinburgh - Business School, University of Leeds and University of Leeds - Division of Accounting and Finance

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banks, mergers, corporate governance, regulation

32.

Post-Merger Strategy and Performance: Evidence from the US and European Banking Industries

Accounting & Finance, Vol. 49, Issue 4, pp. 725-751, December 2009
Number of pages: 27 Posted: 24 Nov 2009
Jens Hagendorff and Kevin Keasey
University of Edinburgh - Business School and University of Leeds - Division of Accounting and Finance
Downloads 1 (664,243)
Citation 1
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33.

Does the Impact of Board Independence on Large Bank Risks Change after the Global Financial Crisis?

Journal of Corporate Finance, 2017
Posted: 24 Mar 2017 Last Revised: 26 Mar 2017
Francesco Vallascas, Sabur Mollah and Kevin Keasey
University of Leeds - Division of Accounting and Finance, Sheffield University Management School, University of Sheffield and University of Leeds - Division of Accounting and Finance

Abstract:

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Bank Risk, Bank Governance, Board Independence, Regulation

34.

Informed Trading and Market Structure

European Financial Management, Vol. 21, Issue 1, pp. 148-177, 2015
Number of pages: 30 Posted: 29 Jan 2015
University of Bradford - School of Management, American University - Department of Finance and Real Estate, University of Newcastle and University of Leeds - Division of Accounting and Finance
Downloads 0 (681,140)
Citation 1
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market structure, informed trading, trading systems, London stock exchange

A Comparative Analysis of Real and Accrual Earnings Management Around Initial Public Offerings Under Different Regulatory Environments

Journal of Business Finance & Accounting, Vol. 43, Issue 7-8, pp. 849-871, 2016
Number of pages: 23 Posted: 30 Sep 2016
Mohammad Alhadab, Iain Clacher and Kevin Keasey
Al al-Bayt University, University of Leeds - Leeds University Business School (LUBS) and University of Leeds - Division of Accounting and Finance
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accounting choices, earnings management, initial public offerings, regulatory environment

A Comparative Analysis of Real and Accrual Earnings Management around Initial Public Offerings under Different Regulatory Environments

Journal of Business Finance & Accounting, DOI: 10.1111/jbfa.12201, Forthcoming
Posted: 27 Feb 2013 Last Revised: 29 Jul 2016
Mohammad Alhadab, Iain Clacher and Kevin Keasey
Al al-Bayt University, University of Leeds - Leeds University Business School (LUBS) and University of Leeds - Division of Accounting and Finance

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Initial Public Offerings, earnings management, regulatory environment, accounting choices

36.

Effects of Audit Quality on Real and Accrual Earnings Management and Subsequent Return Performance: Evidence from IPOs

Posted: 27 Feb 2013
Mohammad Alhadab, Iain Clacher and Kevin Keasey
Al al-Bayt University, University of Leeds - Leeds University Business School (LUBS) and University of Leeds - Division of Accounting and Finance

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Earnings management, Discretionary accruals, Real activities manipulation, Audit quality, Initial public offering, Stock return performance

37.

Real and Accrual Earnings Management and IPO Failure Risk

Posted: 27 Feb 2013
Mohammad Alhadab, Iain Clacher and Kevin Keasey
Al al-Bayt University, University of Leeds - Leeds University Business School (LUBS) and University of Leeds - Division of Accounting and Finance

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Initial Public Offerings, IPO failure, real activities, accounting accruals, accounting choices

38.

Small Firm Financial Contracting and Immigrant Entrepreneurship

University of Illinois at Urbana-Champaign's Academy for Entrepreneurial Leadership Historical Research Reference in Entrepreneurship
Posted: 24 Nov 2009
Robert Watson, Kevin Keasey and Mae Baker
Instituto de Empresa, University of Leeds - Division of Accounting and Finance and affiliation not provided to SSRN

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Immigrant entrepreneurs, Opinion paper/position paper/essay, Public policies, Contracts & agreements, Clothing industry, Manufacturing industries, Cooperation, Competitive advantages, Interfirm alliances, Social networks

39.

The Performance of Small Firms: Profits, Jobs and Failures

University of Illinois at Urbana-Champaign's Academy for Entrepreneurial Leadership Historical Research Reference in Entrepreneurship
Posted: 04 Nov 2009
Independent, University of Leeds - Division of Accounting and Finance, University of Newcastle - Centre for Urban and Regional Development Studies (CURDS) and Instituto de Empresa

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Manufacturing industries, Firm performance, Job creation, Firm survival, Organizational structures, Earnings, Firm age, Closing firms, Public policies, Firm ownership, Financial ratios, Firm financing, Family firms, Accounting, Firm growth, Boards of directors, Financial performance, Business assistance

40.

Investor Protection and the Value Effects of Bank Merger Announcements in Europe and the US

Journal of Banking and Finance, Vol. 32, No. 7, pp. 1333-1348, 2008
Posted: 17 Feb 2008 Last Revised: 29 Jun 2009
Jens Hagendorff, Michael Collins and Kevin Keasey
University of Edinburgh - Business School, University of Leeds and University of Leeds - Division of Accounting and Finance

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Banks, Mergers, Investor protection, Corporate governance

41.

Bank Deregulation and Acquisition Activity: The Cases of the US, Italy and Germany

Journal of Financial Regulation and Compliance, Vol. 15, No. 2, pp. 199-209, 2007
Posted: 20 May 2007 Last Revised: 27 Jul 2009
Jens Hagendorff, Michael Collins and Kevin Keasey
University of Edinburgh - Business School, University of Leeds and University of Leeds - Division of Accounting and Finance

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Acquisitions and mergers, Banks, Germany, Italy, United States of America