Richard Borghesi

University of South Florida-Sarasota

Associate Professor

8350 N. Tamiami Trail

Sarasota, FL 34243-2049

United States

http://usfsm.edu/faculty-members/dr-richard-borghesi/

View CV
SCHOLARLY PAPERS

33

DOWNLOADS
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CITATIONS
Rank 24,086

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Top 24,086

in Total Papers Citations

11

Scholarly Papers (33)

1.

Corporate Socially Responsible Investments: CEO Altruism, Reputation, and Shareholder Interests

Borghesi, Richard, Joel Houston, and Andy Naranjo, 2014. Corporate Socially Responsible Investments: CEO Altruism, Reputation, and Shareholder Interests, Journal of Corporate Finance 26, 164-181.
Number of pages: 46 Posted: 08 Nov 2012 Last Revised: 02 Oct 2014
Richard Borghesi, Joel F. Houston and Andy Naranjo
University of South Florida-Sarasota, University of Florida - Department of Finance, Insurance and Real Estate and University of Florida - Warrington College of Business Administration
Downloads 341 (50,956)

Abstract:

Corporate Social Responsibility, Corporate Governance, Media Coverage, Political Connections

2.

Widespread Corruption in Sports Gambling: Fact or Fiction?

Southern Economic Journal, Vol. 74, No. 4, 2009
Number of pages: 14 Posted: 21 Sep 2012
Richard Borghesi
University of South Florida-Sarasota
Downloads 114 (154,612)
Citation 1

Abstract:

NCAA Basketball, Point Shaving, Corruption, Line Shading

3.

The Determinants of Effective Corporate Lobbying

Borghesi, Richard and Kiyoung Chang, 2015. The Determinants of Effective Corporate Lobbying, Journal of Economics and Finance 39(3), 606-624.
Number of pages: 28 Posted: 20 Feb 2014 Last Revised: 12 Apr 2016
Richard Borghesi and Kiyoung Chang
University of South Florida-Sarasota and University of South Florida Sarasota-Manatee - College of Business
Downloads 79 (246,548)
Citation 1

Abstract:

Lobbying, Excess Returns, Volatility, Agency; Research and Development

4.

Allocation of Scarce Resources: Insight from the NFL Salary Cap

Journal of Economics and Business, Vol. 60, No. 6, 2008
Number of pages: 32 Posted: 19 Sep 2012 Last Revised: 20 Sep 2012
Richard Borghesi
University of South Florida-Sarasota
Downloads 74 (203,565)

Abstract:

NFL, Compensation, Performance

5.

Simultaneous Board and CEO Diversity: Does It Increase Firm Value?

Borghesi, Richard, Kiyoung Chang, and Jamshid Mehran, 2016. Simultaneous Board and CEO Diversity: Does it Increase Firm Value?, Applied Economics Letters 23(1), pp. 23-26.
Number of pages: 8 Posted: 21 Mar 2014 Last Revised: 12 Apr 2016
Richard Borghesi, Kiyoung Chang and Jamshid Mehran
University of South Florida-Sarasota, University of South Florida Sarasota-Manatee - College of Business and Indiana University South Bend
Downloads 72 (170,507)

Abstract:

Diversity, Minority, Firm Value, Board of Directors, CEO

6.

Corruption and Manipulation in Sports: Interdisciplinary Perspectives

Gaming Law Review and Economics, 17, 175-187, 2013
Number of pages: 28 Posted: 23 Feb 2014 Last Revised: 02 Oct 2014
Florida State University, Independent, University of South Florida-Sarasota, Tallinn University of Technology (TUT) and Independent
Downloads 63 (218,007)

Abstract:

Corruption, Manipulation, Sports Gambling, Point Shaving, Match Fixing, Referees

7.

The Implications of a Reverse Favourite-Longshot Bias in a Prediction Market

Journal of Prediction Markets 6(2), 12-21, 2012
Number of pages: 16 Posted: 25 Sep 2012
Richard Borghesi
University of South Florida-Sarasota
Downloads 58 (256,130)

Abstract:

Prediction Market, Tradesports, Reverse Favorite Longshot Bias, Home Underdogs, Shading, Weather

8.

The Late-Season Bias: Explaining the NFL’s Home Underdog Effect

Applied Economics, Vol. 39, No. 15, 2007
Number of pages: 34 Posted: 22 Sep 2012
Richard Borghesi
University of South Florida-Sarasota
Downloads 52 (277,456)
Citation 2

Abstract:

NFL, Late Season, Home Underdog

9.

The Home Team Weather Advantage and Biases in the NFL Betting Market

Journal of Economics and Business, Vol. 59, No. 4, 2007
Number of pages: 29 Posted: 22 Sep 2012
Richard Borghesi
University of South Florida-Sarasota
Downloads 50 (270,700)
Citation 2

Abstract:

NFL, Temperature, Acclimatization, Weather, Bet

10.

Weather Biases in the NFL Totals Market

Applied Financial Economics, Vol. 18, No. 12, 2008
Number of pages: 19 Posted: 20 Sep 2012
Richard Borghesi
University of South Florida-Sarasota
Downloads 50 (222,627)

Abstract:

NFL, Totals, Weather

11.

Value, Survival, and the Evolution of Firm Organizational Structure

Financial Management 36(3), 5-31, 2006
Number of pages: 39 Posted: 21 Sep 2012
Richard Borghesi, Joel F. Houston and Andy Naranjo
University of South Florida-Sarasota, University of Florida - Department of Finance, Insurance and Real Estate and University of Florida - Warrington College of Business Administration
Downloads 42 (315,409)
Citation 2

Abstract:

Diversification, Firm Evolution, Survival

12.

Learning, Price Formation and the Early Season Bias in the NBA

Finance Research Letters 4(3), 155-164, 2007
Number of pages: 16 Posted: 20 Sep 2012
East Tennessee State University - Economics, Finance, Geography & Urban Studies, University of South Florida-Sarasota, Oklahoma State University - Tulsa and affiliation not provided to SSRN
Downloads 40 (312,622)

Abstract:

Betting, Market, NBA, Efficiency, Point, Spread, Sides, Totals, Over, Under

13.

Predicting First-Year Returns of Health Care IPOs

Borghesi, Richard and Tom Pencek, 2013. Predicting First-Year Returns of Health Care IPOs, The Journal of Applied Business Research 29(3), 877-884.
Number of pages: 15 Posted: 26 Sep 2012 Last Revised: 02 Oct 2014
Richard Borghesi and Thomas Pencek
University of South Florida-Sarasota and University of South Florida - College of Business Administration
Downloads 37 (321,262)

Abstract:

IPO, Altman's Z, Discretionary Accruals, Health Care

14.

Can Prediction Markets Mitigate Price Biases?

Borghesi, Richard, 2013. Can Prediction Markets Mitigate Price Biases? The Journal of Prediction Markets 7(1), 1-12.
Number of pages: 16 Posted: 22 Dec 2012 Last Revised: 21 Mar 2014
Richard Borghesi
University of South Florida-Sarasota
Downloads 34 (352,609)

Abstract:

prediction market, NFL, price bias, weather, totals, sports betting

15.

The Impact of the Disposition Effect on Asset Prices: Insight from the NBA

Borghesi, Richard, 2014. The Impact of the Disposition Effect on Asset Prices: Insight from the NBA, Journal of Economics and Finance 38(4), 698-711.
Number of pages: 24 Posted: 26 Sep 2012 Last Revised: 12 Apr 2016
Richard Borghesi
University of South Florida-Sarasota
Downloads 34 (333,140)

Abstract:

Disposition Effect, Prospect Theory, Cognitive Dissonance, Tradesports, Prediction Market

16.

An Examination of Prediction Market Efficiency: NBA Contracts on Tradesports

The Journal of Prediction Markets 3(2), pp. 65-77, 2009
Number of pages: 16 Posted: 21 Sep 2012 Last Revised: 25 Sep 2012
Richard Borghesi
University of South Florida-Sarasota
Downloads 33 (279,756)

Abstract:

Prediction Market, NBA, NFL, Efficiency

17.

Are Hospitality Industry IPO Stock Returns Predictable?

Borghesi, Richard, Katerina Annaraud, and Dipendra Singh, 2015. Are Hospitality Industry IPO Stock Returns Predictable?, International Journal of Hospitality Management 44, 23-27.
Number of pages: 16 Posted: 24 Sep 2014 Last Revised: 13 Jan 2015
Richard Borghesi, Katerina Annaraud and Dipendra Singh
University of South Florida-Sarasota, University of South Florida and University of Central Florida
Downloads 29 (333,140)

Abstract:

IPO, Hospitality, Restaurant, Hotel, Excess Returns

18.

The Value of Smartmoney’s Stock Recommendations

Applied Economics Letters, Vol. 18, No. 10, 2011
Number of pages: 15 Posted: 22 Sep 2012
Richard Borghesi and Thomas Pencek
University of South Florida-Sarasota and University of South Florida - College of Business Administration
Downloads 23 (410,304)

Abstract:

SmartMoney, Expert Performance, Stock Picks

19.

The (Non)Performance of Kiplinger’s Expert Recommendations

Journal of Applied Business Research 26(4), pp. 47-54, 2010
Number of pages: 17 Posted: 22 Sep 2012
Richard Borghesi and Thomas Pencek
University of South Florida-Sarasota and University of South Florida - College of Business Administration
Downloads 22 (386,894)

Abstract:

Kiplinger's, Expert Recommendations, Hot Stocks

20.

Price Biases in a Prediction Market: NFL Contracts on Tradesports

The Journal of Prediction Markets 1(3), pp. 233-253, 2007
Number of pages: 35 Posted: 21 Sep 2012 Last Revised: 14 Apr 2015
Richard Borghesi
University of South Florida-Sarasota
Downloads 20 (312,622)
Citation 3

Abstract:

Tradesports, Prediction Market, NFL

21.

A Test of the Widespread-Point-Shaving Theory

Finance Research Letters, Vol. 6, No. 3, 2009
Number of pages: 17 Posted: 19 Sep 2012 Last Revised: 20 Sep 2012
Richard Borghesi and William H. Dare
University of South Florida-Sarasota and Oklahoma State University - Tulsa
Downloads 19 (415,311)

Abstract:

Point shaving, corruption, NCAA Basketball

22.

The Effect of Contract Structure on Prediction Market Price Biases

The Journal of Prediction Markets 3(3), pp. 1-12, 2009
Number of pages: 17 Posted: 22 Sep 2012 Last Revised: 25 Sep 2012
Richard Borghesi
University of South Florida-Sarasota
Downloads 16 (440,835)

Abstract:

Prediction Market, Tradesports, Sides, Totals, Favorite-Longshot Bias, Contract Structure

23.

Market Frictions and Overpriced Favorites: Evidence from Arena Football

Applied Economics Letters, Vol. 16, No. 9, 2009
Number of pages: 12 Posted: 21 Sep 2012
Richard Borghesi, Rodney Paul and Andrew P. Weinbach
University of South Florida-Sarasota, Saint Bonaventure University - Department of Finance and Coastal Carolina University - Department of Accounting, Finance and Economics
Downloads 16 (425,530)

Abstract:

Underdog, NFL, NCAA, Arena Football League, Behavioral Bias

24.

Price Biases and Contract Design: Lessons from Tradesports

Prediction Markets, Leighton Vaughan Williams, ed., Routledge, June 2011
Number of pages: 15 Posted: 26 Sep 2012 Last Revised: 18 Feb 2014
Richard Borghesi
University of South Florida-Sarasota
Downloads 7 (476,372)

Abstract:

Tradesports, Prediction Market

25.

Political Affiliation and Pay Slice: Do Blue CEOs Accept Less Green?

Number of pages: 13 Posted: 10 Nov 2016
Richard Borghesi and Kiyoung Chang
University of South Florida-Sarasota and University of South Florida Sarasota-Manatee - College of Business
Downloads 0 (378,413)

Abstract:

Political Ideology, Political Contributions, Executive Compensation, Pay Disparity

26.

Corporate Social Responsibility As a Grassroots Initiative

Number of pages: 40 Posted: 27 Oct 2016 Last Revised: 01 Dec 2016
Richard Borghesi
University of South Florida-Sarasota
Downloads 0 (450,904)

Abstract:

Grassroots, Corporate Social Responsibility, Political Affiliation, Employees

27.

Liquidity, Overpricing, and the Tactics of Informed Traders

Number of pages: 25 Posted: 19 Aug 2016
Richard Borghesi
University of South Florida-Sarasota
Downloads 0 (333,140)

Abstract:

28.

Pay for Play: The Financial Value of NCAA Football Players

Number of pages: 31 Posted: 19 Aug 2016 Last Revised: 24 Feb 2017
Richard Borghesi
University of South Florida-Sarasota
Downloads 0 (180,094)

Abstract:

29.

A Case Study in Sports Law Analytics: The Debate on Widespread Point Shaving

Borghesi, Richard, 2015. A Case Study in Sports Law Analytics: The Debate on Widespread Point Shaving, Journal of Sports Analytics 1(1), pp. 87-89.
Number of pages: 6 Posted: 01 Mar 2016
Richard Borghesi
University of South Florida-Sarasota
Downloads 0 (440,835)

Abstract:

Point Shaving, College Basketball, Corruption, Gambling

30.

Informed Traders and Balanced Books

Borghesi, Richard, 2015. Informed Traders and Balanced Books, Journal of Prediction Markets 9(2), 32-42
Number of pages: 16 Posted: 17 Oct 2015 Last Revised: 17 Feb 2016
Richard Borghesi
University of South Florida-Sarasota
Downloads 0 (299,084)

Abstract:

Prediction Market, Tradesports, Sports Betting, Informed Traders, Balanced Books

31.

The Financial and Competitive Value of NCAA Basketball Recruits

Number of pages: 30 Posted: 06 Oct 2015 Last Revised: 24 Feb 2017
Richard Borghesi
University of South Florida-Sarasota
Downloads 0 (242,742)

Abstract:

NCAA Basketball, Recruiting, Financial Value, Competitive Performance

32.

Using Betting Market Odds to Measure the Uncertainty of Outcome in Major League Baseball

International Journal of Sport Finance 4(4), 255-263, 2008
Number of pages: 14 Posted: 20 Sep 2012 Last Revised: 08 Mar 2016
Rodney Paul, Andrew P. Weinbach, Richard Borghesi and Mark Wilson
Saint Bonaventure University - Department of Finance, Coastal Carolina University - Department of Accounting, Finance and Economics, University of South Florida-Sarasota and Saint Bonaventure University
Downloads 0

Abstract:

Major League Baseball, Odds, Competitive Balance

33.

Totals Markets as Evidence Against Widespread Point Shaving

Journal of Prediction Markets 4(2), 15-22, 2010
Number of pages: 12 Posted: 20 Sep 2012 Last Revised: 08 Mar 2016
Richard Borghesi, Rodney Paul and Andrew P. Weinbach
University of South Florida-Sarasota, Saint Bonaventure University - Department of Finance and Coastal Carolina University - Department of Accounting, Finance and Economics
Downloads 0

Abstract:

Betting, Shaving, Corruption, Point Spread, Totals