Gregory W. Brown

University of North Carolina (UNC) at Chapel Hill - Finance Area

Professor

Kenan-Flagler Business School

Chapel Hill, NC 27599-3490

United States

  • University of North Carolina (UNC) at Chapel Hill - Finance Area

SCHOLARLY PAPERS

48

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Top 724

in Total Papers Downloads

62,411

TOTAL CITATIONS
Rank 1,215

SSRN RANKINGS

Top 1,215

in Total Papers Citations

720

Ideas:
“  Currently working to better understand how global financial intermediation is changing at the intersection of public and private markets...  ”

  • University of North Carolina (UNC) at Chapel Hill - Finance Area

Scholarly Papers (48)

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1.

International Evidence on Financial Derivatives Usage

Financial Management, Vol. 38, No. 1, pp. 185-206, Spring 2009, AFA 2004 San Diego Meetings, EFA 2003 Glasgow, WBS Finance Group Research Paper No. 30
Number of pages: 52 Posted: 23 Dec 2003 Last Revised: 18 Dec 2019
Söhnke M. Bartram, Gregory W. Brown and Frank Fehle
University of Warwick, University of North Carolina (UNC) at Chapel Hill - Finance Area and BlueCrest Capital
Downloads 5,471 (3,428)
Citation 20

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Derivatives, corporate finance, risk management, hedging, international finance

2.

Managing Foreign Exchange Risk with Derivatives

Number of pages: 59 Posted: 27 Nov 2000
Gregory W. Brown
University of North Carolina (UNC) at Chapel Hill - Finance Area
Downloads 3,545 (7,099)
Citation 6

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3.

Exchange Rate Risk Management: Evidence from East Asia

Downloads 2,860 ( 7,291)
Citation 7

Exchange Rate Risk Management: Evidence from East Asia

Number of pages: 47 Posted: 19 Nov 2000
George (Yiorgos) Allayannis, Gregory W. Brown and Leora F. Klapper
University of Virginia - Darden School of Business, University of North Carolina (UNC) at Chapel Hill - Finance Area and World Bank
Downloads 2,860 (9,720)
Citation 7

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4.

Private Equity Portfolio Companies: A First Look at Burgiss Holdings Data

Number of pages: 30 Posted: 03 Mar 2020
Gregory W. Brown, Robert S. Harris, Wendy Hu, Tim Jenkinson, Steven N. Kaplan and David T. Robinson
University of North Carolina (UNC) at Chapel Hill - Finance Area, University of Virginia - Darden School of Business, Burgiss, University of Oxford - Said Business School, University of Chicago - Booth School of Business and Fuqua School of Business, Duke University
Downloads 3,094 (8,794)
Citation 1

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Private Equity, buyouts, venture capital, portfolio company

5.

Do Private Equity Funds Manipulate Reported Returns?

Journal of Financial Economics (JFE), Forthcoming, Fama-Miller Working Paper
Number of pages: 74 Posted: 30 May 2013 Last Revised: 07 Jul 2017
Gregory W. Brown, Oleg Gredil and Steven N. Kaplan
University of North Carolina (UNC) at Chapel Hill - Finance Area, Tulane University - A.B. Freeman School of Business and University of Chicago - Booth School of Business
Downloads 3,072 (8,900)
Citation 4

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Private Equity, Venture Capital, Buyout Funds Mutual Funds, Institutional Investors

6.

How Important is Financial Risk?

Downloads 2,876 ( 9,832)
Citation 13

How Important is Financial Risk?

Journal of Financial and Quantitative Analysis, Vol. 50 (4), August 2015, 801–824., WBS Finance Group Research Paper No. 95, AFA 2009 San Francisco Meetings Paper
Number of pages: 79 Posted: 17 Mar 2008 Last Revised: 30 Aug 2021
Söhnke M. Bartram, Gregory W. Brown and William Waller
University of Warwick, University of North Carolina (UNC) at Chapel Hill - Finance Area and Tulane University - Finance & Economics
Downloads 1,793 (20,613)
Citation 2

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Capital structure, financial risk, risk management, corporate finance

How Important Is Financial Risk?

Journal of Financial and Quantitative Analysis, Vol. 50 (4), August 2015, 801–824., WBS Finance Group Research Paper No. 207
Number of pages: 88 Posted: 10 Aug 2013 Last Revised: 30 Aug 2021
Söhnke M. Bartram, Gregory W. Brown and William Waller
University of Warwick, University of North Carolina (UNC) at Chapel Hill - Finance Area and Tulane University - Finance & Economics
Downloads 1,083 (43,682)
Citation 11

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capital structure, financial risk, risk management, corporate finance

7.

What Do Different Commercial Data Sets Tell Us About Private Equity Performance?

Downloads 2,337 (13,757)
Citation 13

What Do Different Commercial Data Sets Tell Us About Private Equity Performance?

Number of pages: 67 Posted: 14 Dec 2015
Gregory W. Brown, Robert S. Harris, Tim Jenkinson, Steven N. Kaplan and David T. Robinson
University of North Carolina (UNC) at Chapel Hill - Finance Area, University of Virginia - Darden School of Business, University of Oxford - Said Business School, University of Chicago - Booth School of Business and Fuqua School of Business, Duke University
Downloads 1,632 (23,788)

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Private Equity, Venture Capital

What Do Different Commercial Data Sets Tell Us About Private Equity Performance?

Number of pages: 67 Posted: 14 Dec 2015
Gregory W. Brown, Robert S. Harris, Tim Jenkinson, Steven N. Kaplan and David T. Robinson
University of North Carolina (UNC) at Chapel Hill - Finance Area, University of Virginia - Darden School of Business, University of Oxford - Said Business School, University of Chicago - Booth School of Business and Fuqua School of Business, Duke University
Downloads 705 (78,377)
Citation 13

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Private Equity, Venture Capital

8.

Resolving the Exposure Puzzle: The Many Facets of Exchange Rate Exposure

Downloads 2,272 (14,391)
Citation 49

Resolving the Exposure Puzzle: The Many Facets of Exchange Rate Exposure

Journal of Financial Economics, Vol. 95 (2), February 2010, 148–173., EFA 2007 Ljubljana Meetings Paper, FDIC Center For Financial Research Working Paper Number 2007-07, WBS Finance Group Research Paper No. 59
Number of pages: 63 Posted: 16 Mar 2006 Last Revised: 30 Aug 2021
Söhnke M. Bartram, Gregory W. Brown and Bernadette A. Minton
University of Warwick, University of North Carolina (UNC) at Chapel Hill - Finance Area and Ohio State University (OSU) - Department of Finance
Downloads 1,261 (34,939)
Citation 40

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Competition, hedging, exposure, derivatives, corporate finance, international finance

Resolving the Exposure Puzzle: The Many Facets of Exchange Rate Exposure

Journal of Financial Economics (JFE), Vol. 95, No. 2, February 2010, pp. 148-173., WBS Finance Group Research Paper No. 127
Number of pages: 63 Posted: 06 Jul 2009 Last Revised: 23 Dec 2019
Söhnke M. Bartram, Gregory W. Brown and Bernadette A. Minton
University of Warwick, University of North Carolina (UNC) at Chapel Hill - Finance Area and Ohio State University (OSU) - Department of Finance
Downloads 648 (87,503)
Citation 5

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Competition, hedging, FX exposure, derivatives, international finance

Resolving the Exposure Puzzle: The Many Facets of Exchange Rate Exposure

Journal of Financial Economics, Vol. 95 (2), February 2010, 148–173., FDIC Center For Financial Research, Working Paper No. 2007-07, WBS Finance Group Research Paper No. 96
Number of pages: 60 Posted: 26 Mar 2008 Last Revised: 30 Aug 2021
Söhnke M. Bartram, Gregory W. Brown and Bernadette A. Minton
University of Warwick, University of North Carolina (UNC) at Chapel Hill - Finance Area and Ohio State University (OSU) - Department of Finance
Downloads 363 (176,175)
Citation 4

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Competition, hedging, exposure, derivatives, corporate finance, international finance

9.

Investor Sentiment and the Near-Term Stock Market

Number of pages: 33 Posted: 13 Sep 2001
Michael T. Cliff and Gregory W. Brown
Analysis Group and University of North Carolina (UNC) at Chapel Hill - Finance Area
Downloads 2,265 (14,464)
Citation 138

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Behavioral finance, market efficiency

10.

The Effects of Derivatives on Firm Risk and Value

Downloads 2,260 (14,518)
Citation 47

The Effects of Derivatives on Firm Risk and Value

Journal of Financial and Quantitative Analysis, Vol. 46, No.4, August 2011, pp. 967-999., WBS Finance Group Research Paper No. 135
Number of pages: 52 Posted: 11 Feb 2010 Last Revised: 23 Dec 2019
Söhnke M. Bartram, Gregory W. Brown, Jennifer S. Conrad and Jennifer S. Conrad
University of Warwick, University of North Carolina (UNC) at Chapel Hill - Finance Area and University of North Carolina at Chapel HillUniversity of North Carolina Kenan-Flagler Business School
Downloads 1,920 (18,531)
Citation 38

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Derivatives, risk management, hedging, international finance

The Effects of Derivatives on Firm Risk and Value

Journal of Financial and Quantitative Analysis, Vol. 46, No.4, August 2011, pp. 967-999., WBS Finance Group Research Paper No. 121
Number of pages: 52 Posted: 20 Mar 2009 Last Revised: 30 Aug 2021
Söhnke M. Bartram, Gregory W. Brown, Jennifer S. Conrad and Jennifer S. Conrad
University of Warwick, University of North Carolina (UNC) at Chapel Hill - Finance Area and University of North Carolina at Chapel HillUniversity of North Carolina Kenan-Flagler Business School
Downloads 340 (189,260)
Citation 9

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11.

How Firms Should Hedge

Number of pages: 52 Posted: 21 Oct 2001
Klaus Bjerre Toft and Gregory W. Brown
Chorus Capital Management Ltd and University of North Carolina (UNC) at Chapel Hill - Finance Area
Downloads 2,238 (14,729)
Citation 20

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derivatives, risk management, exotic derivatives, hedging, options

12.

Can Investors Time Their Exposure to Private Equity?

Downloads 2,212 (15,015)
Citation 20

Can Investors Time Their Exposure to Private Equity?

Kenan Institute of Private Enterprise Research Paper No. 18-26
Number of pages: 50 Posted: 13 Sep 2018 Last Revised: 25 Jan 2020
Gregory W. Brown, Robert S. Harris, Wendy Hu, Tim Jenkinson, Steven N. Kaplan and David T. Robinson
University of North Carolina (UNC) at Chapel Hill - Finance Area, University of Virginia - Darden School of Business, Burgiss, University of Oxford - Said Business School, University of Chicago - Booth School of Business and Fuqua School of Business, Duke University
Downloads 2,057 (16,552)

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Private equity, venture capital, commitment strategies, buyouts

Can Investors Time Their Exposure to Private Equity?

NBER Working Paper No. w26755
Number of pages: 50 Posted: 18 Feb 2020 Last Revised: 08 Feb 2023
Gregory W. Brown, Robert S. Harris, Wendy Hu, Tim Jenkinson, Steven N. Kaplan and David T. Robinson
University of North Carolina (UNC) at Chapel Hill - Finance Area, University of Virginia - Darden School of Business, Burgiss, University of Oxford - Said Business School, University of Chicago - Booth School of Business and Fuqua School of Business, Duke University
Downloads 155 (409,913)
Citation 20

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13.

Investor Sentiment and Asset Valuation

Number of pages: 39 Posted: 30 Nov 2001
Michael T. Cliff and Gregory W. Brown
Analysis Group and University of North Carolina (UNC) at Chapel Hill - Finance Area
Downloads 1,925 (18,788)
Citation 138

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14.

Why are U.S. Stocks More Volatile?

Downloads 1,902 (19,140)
Citation 42

Why are U.S. Stocks More Volatile?

Charles A. Dice Center Working Paper No. 2011-6, Fisher College of Business Working Paper No. 2011-03-006, WBS Finance Group Research Paper No. 152
Number of pages: 49 Posted: 27 Feb 2011
Söhnke M. Bartram, Gregory W. Brown and René M. Stulz
University of Warwick, University of North Carolina (UNC) at Chapel Hill - Finance Area and Ohio State University (OSU) - Department of Finance
Downloads 1,099 (42,795)
Citation 40

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Firm risk, Volatility, Idiosyncratic risk, R-squared

Why are U.S. Stocks More Volatile?

EFA 2009 Bergen Meetings Paper, AFA 2010 Atlanta Meetings Paper, WBS Finance Group Research Paper No. 112
Number of pages: 49 Posted: 16 Feb 2009 Last Revised: 23 Dec 2019
Söhnke M. Bartram, Gregory W. Brown and René M. Stulz
University of Warwick, University of North Carolina (UNC) at Chapel Hill - Finance Area and Ohio State University (OSU) - Department of Finance
Downloads 419 (149,756)
Citation 2

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Idiosyncratic risk, stock return volatility, R-square, financial development, governance

Why are U.S. Stocks More Volatile?

Journal of Finance, Vol. 67, No. 4, 2012, pp. 1329-1370, WBS Finance Group Research Paper No. 203
Number of pages: 50 Posted: 02 May 2013
Söhnke M. Bartram, Gregory W. Brown and René M. Stulz
University of Warwick, University of North Carolina (UNC) at Chapel Hill - Finance Area and Ohio State University (OSU) - Department of Finance
Downloads 275 (237,657)

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Firm risk, volatility, idiosyncratic risk, R-squared

Why are U.S. Stocks More Volatile?

WBS Finance Group Research Paper No. 97
Number of pages: 49 Posted: 27 Mar 2008 Last Revised: 23 Dec 2019
Söhnke M. Bartram, Gregory W. Brown and René M. Stulz
University of Warwick, University of North Carolina (UNC) at Chapel Hill - Finance Area and Ohio State University (OSU) - Department of Finance
Downloads 109 (544,687)

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Volatility, Idiosyncratic Risk, Financial Market Development

15.

Estimating Systemic Risk in the International Financial System

Downloads 1,860 (19,831)
Citation 11

Estimating Systemic Risk in the International Financial System

Journal of Financial Economics, Vol. 86 (3), December 2007, 835–869., AFA 2005 Philadelphia Meetings Paper; EFA 2004 Maastricht Meetings Paper No. 4449, WBS Finance Group Research Paper No. 32
Number of pages: 61 Posted: 30 Jun 2004 Last Revised: 30 Aug 2021
Söhnke M. Bartram, Gregory W. Brown and John Hund
University of Warwick, University of North Carolina (UNC) at Chapel Hill - Finance Area and University of Georgia
Downloads 915 (55,273)
Citation 2

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Systemic risk, default risk, credit risk, banks, exposure, emerging markets, 9/11

Estimating Systemic Risk in the International Financial System

Journal of Financial Economics, Vol. 86, No. 3, pp. 835-869, December 2007, WBS Finance Group Research Paper No. 69
Number of pages: 53 Posted: 19 Oct 2006 Last Revised: 30 Aug 2021
John Hund, Söhnke M. Bartram and Gregory W. Brown
University of Georgia, University of Warwick and University of North Carolina (UNC) at Chapel Hill - Finance Area
Downloads 661 (85,146)
Citation 6

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Systemic risk, default risk, credit risk, banks, exposure, emerging markets

Estimating Systemic Risk in the International Financial System

Journal of Financial Economics, Vol. 86 (3), December 2007, 835–869., FDIC CFR Working Paper No. 2005-12, WBS Finance Group Research Paper No. 47
Number of pages: 61 Posted: 19 Aug 2005 Last Revised: 30 Aug 2021
Söhnke M. Bartram, John Hund and Gregory W. Brown
University of Warwick, University of Georgia and University of North Carolina (UNC) at Chapel Hill - Finance Area
Downloads 284 (229,809)
Citation 3

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Systemic risk, default risk, credit risk, banks, exposure, emerging markets, 9/11

16.

Crowded Trades and Tail Risk

Number of pages: 85 Posted: 13 Feb 2019 Last Revised: 19 May 2021
Gregory W. Brown, Philip Howard and Christian T. Lundblad
University of North Carolina (UNC) at Chapel Hill - Finance Area, Wake Forest University - School of Business and University of North Carolina Kenan-Flagler Business School
Downloads 1,644 (23,935)
Citation 14

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Hedge Fund, Crowded Trade

17.

Nowcasting Net Asset Values: The Case of Private Equity

Review of Financial Studies, Forthcoming
Number of pages: 82 Posted: 14 Jan 2020 Last Revised: 09 Sep 2023
Gregory W. Brown, Eric Ghysels and Oleg Gredil
University of North Carolina (UNC) at Chapel Hill - Finance Area, University of North Carolina Kenan-Flagler Business School and Tulane University - A.B. Freeman School of Business
Downloads 1,619 (24,520)
Citation 18

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Private Equity, Venture Capital, Leveraged Buyouts, Institutional Investors, State Space Models, Nowcasting, Risk Management

18.

Are Firms Successful at Selectively Hedging?

Number of pages: 44 Posted: 24 Apr 2003
Gregory W. Brown, Pete Crabb and David Haushalter
University of North Carolina (UNC) at Chapel Hill - Finance Area, Northwest Nazarene University and Pennsylvania State University - Mary Jean and Frank P. Smeal College of Business Administration
Downloads 1,535 (26,584)
Citation 4

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Risk Management, Financing Policy, Behavioral Corporate Finance

19.

Private Portfolio Attribution Analysis

Number of pages: 21 Posted: 07 Jul 2020 Last Revised: 20 Nov 2020
Gregory W. Brown, Frank Ethridge, Tyler Johnson and Thomas Keck
University of North Carolina (UNC) at Chapel Hill - Finance Area, University of North Carolina (UNC) at Chapel Hill - Finance Area, StepStone Group and StepStone Group
Downloads 1,266 (35,330)

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Private Equity, Venture Capital, Attribution Analysis, Selection Skill

20.

Loss Avoidance in Private Equity

Donald G. Costello College of Business at George Mason University Research Paper , Kenan Institute of Private Enterprise Research Paper No. 4707873
Number of pages: 53 Posted: 05 Feb 2024 Last Revised: 17 Jun 2024
Maria Borysoff (Nykyforovych) and Gregory W. Brown
George Mason University - Department of Accounting and University of North Carolina (UNC) at Chapel Hill - Finance Area
Downloads 1,202 (38,114)

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buyout funds, earnings management, loss ratio, performance reporting, private equity

21.

The Private Capital Alpha

Fisher College of Business WP No. 2024-03-020
Number of pages: 54 Posted: 25 Sep 2024
Gregory W. Brown, Andrei S. Gonçalves and Wendy Hu
University of North Carolina (UNC) at Chapel Hill - Finance Area, Ohio State University (OSU) - Fisher College of Business and MSCI Inc.
Downloads 1,075 (44,816)

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Private Capital, Private Equity, Venture Capital, Real Estate, Performance Evaluation

22.

Private Equity in the Global Economy: Evidence on Industry Spillovers

UNC Kenan-Flagler Research Paper No. 2013-9, 29th Annual Conference on Financial Economics & Accounting 2018
Number of pages: 57 Posted: 17 Oct 2018 Last Revised: 22 Aug 2019
Serdar Aldatmaz and Gregory W. Brown
George Mason University - Department of Finance and University of North Carolina (UNC) at Chapel Hill - Finance Area
Downloads 1,074 (44,888)
Citation 4

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private equity, venture capital, productivity spillovers, industry growth

23.

The Evolution of Private Equity Fund Value

Number of pages: 30 Posted: 30 Jun 2020 Last Revised: 03 Aug 2020
Gregory W. Brown, Wendy Hu and Jian Zhang
University of North Carolina (UNC) at Chapel Hill - Finance Area, Burgiss and Adams Street Partners
Downloads 1,037 (47,134)
Citation 1

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Private Equity, Venture Capital, Valuation, Net Asset Value, Performance, Secondary

24.

Why Does Idiosyncratic Risk Increase with Market Risk?

Downloads 1,027 (47,793)

Why Does Idiosyncratic Risk Increase with Market Risk?

Charles A. Dice Center Working Paper No. 2016-13, Fisher College of Business Working Paper No. 2016-03-13
Number of pages: 48 Posted: 30 Jul 2016
Söhnke M. Bartram, Gregory W. Brown and René M. Stulz
University of Warwick, University of North Carolina (UNC) at Chapel Hill - Finance Area and Ohio State University (OSU) - Department of Finance
Downloads 567 (103,589)

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Uncertainty, idiosyncratic risk, market risk, growth options, liquidity, limits to arbitrage

Why Does Idiosyncratic Risk Increase with Market Risk?

Number of pages: 50 Posted: 30 Jun 2016 Last Revised: 04 Mar 2017
Söhnke M. Bartram, Gregory W. Brown and René M. Stulz
University of Warwick, University of North Carolina (UNC) at Chapel Hill - Finance Area and Ohio State University (OSU) - Department of Finance
Downloads 245 (267,189)

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Uncertainty, idiosyncratic risk, market risk, growth options, liquidity, limits to arbitrage

Why Does Idiosyncratic Risk Increase with Market Risk?

CFS Working Paper No. 533
Number of pages: 50 Posted: 25 Aug 2016 Last Revised: 04 Mar 2017
Söhnke M. Bartram, Gregory W. Brown and René M. Stulz
University of Warwick, University of North Carolina (UNC) at Chapel Hill - Finance Area and Ohio State University (OSU) - Department of Finance
Downloads 148 (426,139)

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Uncertainty, idiosyncratic risk, market risk, growth options, liquidity, limits to arbitrage

Why Does Idiosyncratic Risk Increase with Market Risk?

NBER Working Paper No. w22492
Number of pages: 48 Posted: 08 Aug 2016 Last Revised: 17 Jun 2023
Söhnke M. Bartram, Gregory W. Brown and René M. Stulz
University of Warwick, University of North Carolina (UNC) at Chapel Hill - Finance Area and Ohio State University (OSU) - Department of Finance
Downloads 67 (742,210)

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25.

Finding Fortune: How Do Institutional Investors Pick Asset Managers?

Review of Financial Studies, Forthcoming
Number of pages: 59 Posted: 21 Jun 2016 Last Revised: 13 Apr 2023
Gregory W. Brown, Oleg Gredil and Preetesh Kantak
University of North Carolina (UNC) at Chapel Hill - Finance Area, Tulane University - A.B. Freeman School of Business and Kelley School of Business
Downloads 1,013 (48,753)
Citation 1

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Asset Management, Hedge Funds, Decreasing Return to Scale, Due Diligence, Information Choice, Institutional Investors, Learning, Private Information

26.

Firm-Specific Risk and Equity Market Development

Sixteenth Annual Utah Winter Finance Conference
Number of pages: 50 Posted: 28 Dec 2004
Nishad Kapadia and Gregory W. Brown
Tulane University - Finance & Economics and University of North Carolina (UNC) at Chapel Hill - Finance Area
Downloads 869 (60,253)
Citation 55

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Idiosyncratic Risk, Firm-specific Risk, Market Risk

27.

The Financial Risks of Corporations in the Global Economy

EFA 2005 Moscow Meetings, Forthcoming, WBS Finance Group Research Paper No. 46
Number of pages: 41 Posted: 08 Jul 2005
Söhnke M. Bartram and Gregory W. Brown
University of Warwick and University of North Carolina (UNC) at Chapel Hill - Finance Area
Downloads 859 (61,251)

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Financial risk, risk management, credit risk, corporate finance, international finance

28.

Should Defined Contribution Plans Include Private Equity Investments?

Kenan Institute of Private Enterprise Research Paper No. 20-14
Number of pages: 28 Posted: 25 Jan 2021 Last Revised: 22 Jun 2022
Gregory W. Brown, Keith Crouch, Andra C. Ghent, Robert S. Harris, Yael V. Hochberg, Tim Jenkinson, Steven N. Kaplan, Richard Maxwell and David T. Robinson
University of North Carolina (UNC) at Chapel Hill - Finance Area, Burgiss, University of Utah - David Eccles School of Business, University of Virginia - Darden School of Business, National Bureau of Economic Research (NBER), University of Oxford - Said Business School, University of Chicago - Booth School of Business, University of North Carolina (UNC) at Chapel Hill - Frank Hawkins Kenan Institute of Private Enterprise and Fuqua School of Business, Duke University
Downloads 832 (63,960)
Citation 1

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Private Equity, Defined Contribution Plans

29.

How Does Human Capital Affect Investing? Evidence from University Endowments

Review of Finance (https://doi.org/10.1093/rof/rfac017), Darden Business School Working Paper No. 3187280, Kenan Institute of Private Enterprise Research Paper No. 18-11
Number of pages: 60 Posted: 15 Jun 2018 Last Revised: 29 Apr 2022
Matteo Binfarè, Gregory W. Brown, Robert S. Harris and Christian T. Lundblad
University of Missouri at Columbia - Department of Finance, University of North Carolina (UNC) at Chapel Hill - Finance Area, University of Virginia - Darden School of Business and University of North Carolina Kenan-Flagler Business School
Downloads 737 (75,143)
Citation 7

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Endowments, Human Capital, Private Equity, Returns, Venture Capital

30.

Portfolio Management in Private Equity

Downloads 719 (77,557)

Portfolio Management in Private Equity

Kenan Institute of Private Enterprise Research Paper No. 4557858
Number of pages: 84 Posted: 01 Sep 2023
Gregory W. Brown, Celine Yue Fei and David T. Robinson
University of North Carolina (UNC) at Chapel Hill - Finance Area, University of North Carolina (UNC) at Chapel Hill - Kenan-Flagler Business School and Fuqua School of Business, Duke University
Downloads 706 (78,225)

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private equity, buyouts, portfolio management, deal sizing, deal sequencing

Portfolio Management in Private Equity

NBER Working Paper No. w31664
Number of pages: 85 Posted: 11 Sep 2023
Gregory W. Brown, Celine Yue Fei and David T. Robinson
University of North Carolina (UNC) at Chapel Hill - Finance Area, University of North Carolina (UNC) at Chapel Hill - Kenan-Flagler Business School and Fuqua School of Business, Duke University
Downloads 13 (1,284,042)
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31.

Why Do Foreign Firms Have Less Idiosyncratic Risk than U.S. Firms?

Downloads 673 (84,363)

Why Do Foreign Firms Have Less Idiosyncratic Risk than U.S. Firms?

ECGI - Finance Working Paper No. 246/2009, WBS Finance Group Research Paper No. 125
Number of pages: 55 Posted: 08 Jun 2009
Söhnke M. Bartram, Gregory W. Brown and René M. Stulz
University of Warwick, University of North Carolina (UNC) at Chapel Hill - Finance Area and Ohio State University (OSU) - Department of Finance
Downloads 306 (212,257)

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idiosyncratic risk, stock market, bond market, corporate disclosure, shareholder protection, rule of law, government stability

Why Do Foreign Firms Have Less Idiosyncratic Risk than U.S. Firms?

Fisher College of Business Working Paper No. 2009-03-005, Charles A. Dice Center Working Paper No. 2009-5, WBS Finance Group Research Paper No. 123
Number of pages: 51 Posted: 25 Apr 2009
Söhnke M. Bartram, Gregory W. Brown and René M. Stulz
University of Warwick, University of North Carolina (UNC) at Chapel Hill - Finance Area and Ohio State University (OSU) - Department of Finance
Downloads 290 (224,807)

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Why Do Foreign Firms Have Less Idiosyncratic Risk than U.S. Firms?

NBER Working Paper No. w14931
Number of pages: 51 Posted: 03 May 2009 Last Revised: 26 Oct 2022
Söhnke M. Bartram, Gregory W. Brown and René M. Stulz
University of Warwick, University of North Carolina (UNC) at Chapel Hill - Finance Area and Ohio State University (OSU) - Department of Finance
Downloads 77 (685,534)

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32.

A New Lease on Life: Institutions, External Financing, and Business Growth

Downloads 580 (102,028)
Citation 1

A New Lease on Life: Institutions, External Financing, and Business Growth

Number of pages: 56 Posted: 30 May 2008 Last Revised: 25 Jun 2013
Gregory W. Brown, Larry W. Chavis and Leora F. Klapper
University of North Carolina (UNC) at Chapel Hill - Finance Area, University of North Carolina (UNC) at Chapel Hill - Entrepreneurial Program and World Bank
Downloads 314 (206,348)
Citation 1

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External Finance, Development Finance, Leasing

A New Lease on Life: Institutions, External Financing, and Business Growth

AFA 2008 New Orleans Meetings Paper
Number of pages: 56 Posted: 22 Mar 2007 Last Revised: 02 Sep 2012
Gregory W. Brown, Larry W. Chavis and Leora F. Klapper
University of North Carolina (UNC) at Chapel Hill - Finance Area, University of North Carolina (UNC) at Chapel Hill - Entrepreneurial Program and World Bank
Downloads 266 (245,860)

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External financing, leasing, trade credit

33.

Corporate Risk Management and Speculative Motives

Number of pages: 34 Posted: 06 Mar 2002
Zeigham Khokher and Gregory W. Brown
Tulane University and University of North Carolina (UNC) at Chapel Hill - Finance Area
Downloads 545 (110,338)
Citation 5

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Risk Management, Speculation, Hedging

34.

Why is There a Secular Decline in Idiosyncratic Risk in the 2000s?

Fisher College of Business Working Paper No. 2019-03-019, Charles A. Dice Center Working Paper No. 2019-19, WBS Finance Group Research Paper
Number of pages: 47 Posted: 12 Sep 2019
Söhnke M. Bartram, Gregory W. Brown and René M. Stulz
University of Warwick, University of North Carolina (UNC) at Chapel Hill - Finance Area and Ohio State University (OSU) - Department of Finance
Downloads 510 (119,809)
Citation 3

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idiosyncratic risk, market risk, liquidity, firm age, public listing decline

35.

Why Has Idiosyncratic Risk Been Historically Low in Recent Years?

Downloads 507 (120,626)
Citation 1

Why Has Idiosyncratic Risk Been Historically Low in Recent Years?

Fisher College of Business Working Paper No. 2018-03-02, Charles A. Dice Working Paper No. 2018-2, WBS Finance Group Research Paper No. 244
Number of pages: 45 Posted: 24 Jan 2018
Söhnke M. Bartram, Gregory W. Brown and René M. Stulz
University of Warwick, University of North Carolina (UNC) at Chapel Hill - Finance Area and Ohio State University (OSU) - Department of Finance
Downloads 451 (137,342)

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Idiosyncratic risk, market risk, liquidity, firm age, firm size

Why Has Idiosyncratic Risk Been Historically Low in Recent Years?

NBER Working Paper No. w24270
Number of pages: 45 Posted: 29 Jan 2018 Last Revised: 26 Apr 2023
Söhnke M. Bartram, Gregory W. Brown and René Stulz
University of Warwick, University of North Carolina (UNC) at Chapel Hill - Finance Area and Ohio State University (OSU) - Fisher College of Business
Downloads 56 (816,062)
Citation 1

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36.

Optimal Hedge Fund Allocation

Number of pages: 52 Posted: 04 Dec 2024 Last Revised: 31 Mar 2025
Gregory W. Brown, Juha Joenväärä, Christian T. Lundblad and Richard Maxwell
University of North Carolina (UNC) at Chapel Hill - Finance Area, Aalto University School of Business, University of North Carolina Kenan-Flagler Business School and University of North Carolina (UNC) at Chapel Hill - Frank Hawkins Kenan Institute of Private Enterprise
Downloads 460 (135,693)

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Portfolio Optimization, Hedge Fund Performance, Asset Allocation, Diversification Benefits

37.

International Evidence on Financial Derivatives Usage

EFA 2003 Annual Conference Paper No. 398, WBS Finance Group Research Paper No. 28
Number of pages: 69 Posted: 23 Jul 2003
Söhnke M. Bartram, Gregory W. Brown and Frank Fehle
University of Warwick, University of North Carolina (UNC) at Chapel Hill - Finance Area and BlueCrest Capital
Downloads 447
Citation 25

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Derivatives, corporate finance, risk management, hedging, international finance

38.

Are Firms Successful at 'Selective' Hedging?

Number of pages: 40 Posted: 11 Oct 2001
Gregory W. Brown, Pete Crabb and David Haushalter
University of North Carolina (UNC) at Chapel Hill - Finance Area, Northwest Nazarene University and Pennsylvania State University - Mary Jean and Frank P. Smeal College of Business Administration
Downloads 399
Citation 30

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Risk Management, hedging, speculating, derivatives

39.

Determinants of International Buyout Investments

Downloads 319 (204,547)
Citation 5

Determinants of International Buyout Investments

Number of pages: 52 Posted: 31 Aug 2020
Serdar Aldatmaz, Gregory W. Brown and Asli Demirgüç-Kunt
George Mason University - Department of Finance, University of North Carolina (UNC) at Chapel Hill - Finance Area and World Bank
Downloads 232 (282,085)
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Private Equity, Buyout Investments, Financial Development, Regulatory Reforms

Determinants of International Buyout Investments

World Bank Policy Research Working Paper No. 9191
Number of pages: 53 Posted: 24 Mar 2020
Serdar Aldatmaz, Gregory W. Brown and Asli Demirgüç-Kunt
George Mason University - Department of Finance, University of North Carolina (UNC) at Chapel Hill - Finance Area and World Bank
Downloads 87 (636,688)
Citation 3

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40.

Growth Options and Dynamic Risk: An Empirical Evaluation

Downloads 281 (234,109)

Growth Options and Dynamic Risk: An Empirical Evaluation

Number of pages: 47 Posted: 17 Mar 2009 Last Revised: 30 Jul 2014
Gregory W. Brown and Michael T. Cliff
University of North Carolina (UNC) at Chapel Hill - Finance Area and Analysis Group
Downloads 161 (396,630)

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real options, growth, dynamic betas

Growth Options and Dynamic Risk: An Empirical Evaluation

Number of pages: 45 Posted: 03 Sep 2008
Gregory W. Brown and Michael T. Cliff
University of North Carolina (UNC) at Chapel Hill - Finance Area and Analysis Group
Downloads 120 (505,688)

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real options, growth, dynamic beta

41.

Creative Destruction, Stock Return Volatility, and the Number of Listed Firms

Downloads 275 (239,348)

Creative Destruction, Stock Return Volatility, and the Number of Listed Firms

Fisher College of Business Working Paper No. 2024-03-009; Charles A. Dice Center Working Paper No. 2024-09, WBS Finance Group Research Paper
Number of pages: 56 Posted: 05 Jun 2024
Söhnke M. Bartram, Gregory W. Brown and René M. Stulz
University of Warwick, University of North Carolina (UNC) at Chapel Hill - Finance Area and Ohio State University (OSU) - Department of Finance
Downloads 268 (244,014)

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Stock return volatility, idiosyncratic risk, creative destruction, firm age, initial public offerings, delists

Creative Destruction, Stock Return Volatility, and the Number of Listed Firms

NBER Working Paper No. w32568
Number of pages: 56 Posted: 18 Jun 2024
Söhnke M. Bartram, Gregory W. Brown and René Stulz
University of Warwick, University of North Carolina (UNC) at Chapel Hill - Finance Area and Ohio State University (OSU) - Fisher College of Business
Downloads 7 (1,348,942)
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42.

Legal Effectiveness and External Capital: The Role of Foreign Debt

Number of pages: 31 Posted: 25 Jul 2004
George (Yiorgos) Allayannis, Gregory W. Brown and Leora F. Klapper
University of Virginia - Darden School of Business, University of North Carolina (UNC) at Chapel Hill - Finance Area and World Bank
Downloads 225 (292,159)
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Foreign currency debt, legal origin

43.

Why Does Idiosyncratic Risk Increase with Market Risk

CESifo Working Paper Series No. 6560
Number of pages: 53 Posted: 08 Aug 2017
Söhnke M. Bartram, Gregory W. Brown and René M. Stulz
University of Warwick, University of North Carolina (UNC) at Chapel Hill - Finance Area and Ohio State University (OSU) - Department of Finance
Downloads 207 (316,390)
Citation 1

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uncertainty, idiosyncratic risk, market risk, growth options, liquidity, limits to arbitrage

44.

Capital Flows, Institutions, and Financial Fragility

Number of pages: 87 Posted: 11 Mar 2010 Last Revised: 14 Oct 2013
Wipawin Promboon and Gregory W. Brown
Bank of Thailand and University of North Carolina (UNC) at Chapel Hill - Finance Area
Downloads 163 (392,586)

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Financial Crisis, International Capital Flows, Financial Policy

45.

Do Private Equity Funds Manipulate Reported Returns?

NBER Working Paper No. w22493
Number of pages: 70 Posted: 08 Aug 2016 Last Revised: 18 Jun 2023
Gregory W. Brown, Oleg Gredil and Steven N. Kaplan
University of North Carolina (UNC) at Chapel Hill - Finance Area, Tulane University - A.B. Freeman School of Business and University of Chicago - Booth School of Business
Downloads 123 (493,631)
Citation 13

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46.

Public or Private? Determining the Optimal Ownership Structure

The Journal of Portfolio Management, Private Markets 2022, 48 (9) 203-220 DOI: 10.3905/jpm.2022.1.398
Posted: 28 Feb 2020 Last Revised: 17 Apr 2024
Gregory W. Brown, Andrea Carnelli Dompé and Sarah Kenyon
University of North Carolina (UNC) at Chapel Hill - Finance Area, Pantheon Ventures (UK) LLP and University of North Carolina (UNC) at Chapel Hill - Frank Hawkins Kenan Institute of Private Enterprise

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Private Equity, Agency Costs, Buyout, Corporate Governance, Initial Public Offering, Shrinking Public Markets

47.

Are Hedge Funds Systemically Important?

Journal of Derivatives, Vol. 20, No. 2, 2012, https://doi.org/10.3905/jod.2012.20.2.008
Posted: 20 May 2019
Gregory W. Brown, Jeremiah Green and John R. M. Hand
University of North Carolina (UNC) at Chapel Hill - Finance Area, Texas A&M University - Department of Accounting and University of North Carolina Kenan-Flagler Business School
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Financial Crisis, Hedge Funds, Systemic Risk, Short Selling, Derivatives

48.

Oil Price Movements and Risks of Energy Investments

https://doi.org/10.3905/jai.2017.19.4.024
Posted: 26 Dec 2015 Last Revised: 22 May 2019
Gregory W. Brown, Raymond Chan, Wendy Hu and Jian Zhang
University of North Carolina (UNC) at Chapel Hill - Finance Area, Adams Street Partners, Burgiss and Adams Street Partners
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Oil Prices, Energy Prices, Commodity Exposure, Private Equity