Felicia C. Marston

University of Virginia - McIntire School of Commerce

Associate Professor

P.O. Box 400173

Charlottesville, VA 22904-4173

United States

  • University of Virginia - McIntire School of Commerce

    • Email
    • Tel: 804-924-1417
SCHOLARLY PAPERS

16

DOWNLOADS
Rank 3,458

SSRN RANKINGS

Top 3,458

in Total Papers Downloads

13,999

SSRN CITATIONS
Rank 1,088

SSRN RANKINGS

Top 1,088

in Total Papers Citations

198

CROSSREF CITATIONS

914

Scholarly Papers (16)

Actions:
Email selected abstracts
1.

Rewriting History

Downloads 3,426 ( 4,047)
Citation 76

Rewriting History

AFA 2007 Chicago Meetings Paper
Number of pages: 36 Posted: 09 Mar 2006 Last Revised: 18 May 2010
Alexander Ljungqvist, Alexander Ljungqvist, Christopher J. Malloy and Felicia C. Marston
Centre for Economic Policy Research (CEPR)Stockholm School of Economics, Harvard Business School and University of Virginia - McIntire School of Commerce
Downloads 3,270 (4,299)
Citation 17

Abstract:

Loading...

Security analysts, Stock recommendations, Global Settlement, Career concerns, Forensic finance

Rewriting History

NYU Working Paper No. FIN-06-004
Number of pages: 36 Posted: 13 Nov 2008
Alexander Ljungqvist, Alexander Ljungqvist, Christopher J. Malloy and Felicia C. Marston
Centre for Economic Policy Research (CEPR)Stockholm School of Economics, Harvard Business School and University of Virginia - McIntire School of Commerce
Downloads 156 (237,155)
Citation 13

Abstract:

Loading...

Security analysts, Stock recommendations, Global Settlement, Stock-picking ability, Forensic finance

2.

The Market Risk Premium: Expectational Estimates Using Analysts' Forecasts

Downloads 2,090 ( 9,143)

The Market Risk Premium: Expectational Estimates Using Analysts' Forecasts

Number of pages: 26 Posted: 22 Dec 2000
Robert S. Harris and Felicia C. Marston
University of Virginia - Darden School of Business and University of Virginia - McIntire School of Commerce
Downloads 2,090 (8,968)
Citation 52

Abstract:

Loading...

The Market Risk Premium: Expectational Estimates Using Analysts' Forecasts

Journal of Applied Finance, Vol. 11, 2001
Posted: 06 Nov 2001
Robert S. Harris and Felicia C. Marston
University of Virginia - Darden School of Business and University of Virginia - McIntire School of Commerce

Abstract:

Loading...

3.

Competing for Securities Underwriting Mandates: Banking Relationships and Analyst Recommendations

Downloads 1,506 ( 15,383)
Citation 97

Competing for Securities Underwriting Mandates: Banking Relationships and Analyst Recommendations

NYU, Stern School of Business Working Paper No. FIN-03-015
Number of pages: 55 Posted: 18 Jul 2003
Alexander Ljungqvist, Alexander Ljungqvist, Felicia C. Marston and William J. Wilhelm
Centre for Economic Policy Research (CEPR)Stockholm School of Economics, University of Virginia - McIntire School of Commerce and University of Virginia - McIntire School of Commerce
Downloads 1,336 (18,224)
Citation 18

Abstract:

Loading...

Analyst behavior, Underwriting, Commercial banks, Glass-Steagall Act

Competing for Securities Underwriting Mandates: Banking Relationships and Analyst Recommendations

NYU Working Paper No. S-FI-03-15
Number of pages: 49 Posted: 11 Nov 2008
Alexander Ljungqvist, Alexander Ljungqvist, Felicia C. Marston and William J. Wilhelm
Centre for Economic Policy Research (CEPR)Stockholm School of Economics, University of Virginia - McIntire School of Commerce and University of Virginia - McIntire School of Commerce
Downloads 65 (429,013)

Abstract:

Loading...

Analyst behavior, Underwriting, Commercial banks, Glass-Steagall Act

Competing for Securities Underwriting Mandates: Banking Relationships and Analyst Recommendations

NYU Working Paper No. S-FI-03-04
Number of pages: 46 Posted: 11 Nov 2008
Alexander Ljungqvist, Alexander Ljungqvist, Felicia C. Marston and William J. Wilhelm
Centre for Economic Policy Research (CEPR)Stockholm School of Economics, University of Virginia - McIntire School of Commerce and University of Virginia - McIntire School of Commerce
Downloads 44 (514,524)
Citation 1

Abstract:

Loading...

Analyst behavior, Underwriting, Commercial banks, Glass-Steagall Act

Competing for Securities Underwriting Mandates: Banking Relationships and Analyst Recommendations

NYU Working Paper No. FIN-03-039
Number of pages: 50 Posted: 11 Nov 2008
Alexander Ljungqvist, Alexander Ljungqvist, Felicia C. Marston and William J. Wilhelm
Centre for Economic Policy Research (CEPR)Stockholm School of Economics, University of Virginia - McIntire School of Commerce and University of Virginia - McIntire School of Commerce
Downloads 40 (534,235)

Abstract:

Loading...

Analyst behavior, Underwriting, Commercial banks, Glass-Steagall Act

Competing for Securities Underwriting Mandates: Banking Relationships and Analyst Recommendations

CEPR Discussion Paper No. 4162
Number of pages: 51 Posted: 12 Jan 2004
Alexander Ljungqvist, Alexander Ljungqvist, Felicia C. Marston and William J. Wilhelm
Centre for Economic Policy Research (CEPR)Stockholm School of Economics, University of Virginia - McIntire School of Commerce and University of Virginia - McIntire School of Commerce
Downloads 21 (655,019)
Citation 2
  • Add to Cart

Abstract:

Loading...

Competing for Securities Underwriting Mandates: Banking Relationships and Analyst Recommendations

Journal of Finance, Forthcoming
Posted: 13 Jan 2005
Alexander Ljungqvist, Alexander Ljungqvist, Felicia C. Marston and William J. Wilhelm
Centre for Economic Policy Research (CEPR)Stockholm School of Economics, University of Virginia - McIntire School of Commerce and University of Virginia - McIntire School of Commerce

Abstract:

Loading...

Analyst behavior, Underwriting, Commercial banks, Glass-Steagall Act

4.

Conflicts of Interest in Sell-Side Research and the Moderating Role of Institutional Investors

Downloads 1,447 ( 16,470)
Citation 77

Conflicts of Interest in Sell-Side Research and the Moderating Role of Institutional Investors

Number of pages: 51 Posted: 17 Jan 2005
Alexander Ljungqvist, Alexander Ljungqvist, Felicia C. Marston, Hong Yan, Laura T. Starks and Kelsey D. Wei
Centre for Economic Policy Research (CEPR)Stockholm School of Economics, University of Virginia - McIntire School of Commerce, Shanghai Jiao Tong University (SJTU) - Shanghai Advanced Institute of Finance (SAIF), University of Texas at Austin - Department of Finance and University of Texas at Dallas
Downloads 1,215 (21,048)
Citation 14

Abstract:

Loading...

Analyst recommendations, Analyst forecast accuracy, Investment banking, Conflicts of Interest, Institutional investors, Banking Relationships

Conflicts of Interest in Sell-Side Research and the Moderating Role of Institutional Investors

NYU Working Paper No. FIN-05-013
Number of pages: 48 Posted: 03 Nov 2008
Alexander Ljungqvist, Alexander Ljungqvist, Felicia C. Marston, Laura T. Starks, Kelsey D. Wei and Hong Yan
Centre for Economic Policy Research (CEPR)Stockholm School of Economics, University of Virginia - McIntire School of Commerce, University of Texas at Austin - Department of Finance, University of Texas at Dallas and Shanghai Jiao Tong University (SJTU) - Shanghai Advanced Institute of Finance (SAIF)
Downloads 138 (262,118)

Abstract:

Loading...

Analyst recommendations, Analyst forecast accuracy, Investment banking, Banking Relationships

Conflicts of Interest in Sell-Side Research and the Moderating Role of Institutional Investors

NYU Working Paper No. FIN-04-034
Number of pages: 48 Posted: 03 Nov 2008
Alexander Ljungqvist, Alexander Ljungqvist, Felicia C. Marston, Laura T. Starks, Kelsey D. Wei and Hong Yan
Centre for Economic Policy Research (CEPR)Stockholm School of Economics, University of Virginia - McIntire School of Commerce, University of Texas at Austin - Department of Finance, University of Texas at Dallas and Shanghai Jiao Tong University (SJTU) - Shanghai Advanced Institute of Finance (SAIF)
Downloads 76 (393,223)
Citation 3

Abstract:

Loading...

Conflicts of Interest in Sell-Side Research and the Moderating Role of Institutional Investors

CEPR Discussion Paper No. 5001
Number of pages: 50 Posted: 22 Aug 2005
Alexander Ljungqvist, Alexander Ljungqvist, Felicia C. Marston, Hong Yan, Laura T. Starks and Kelsey D. Wei
Centre for Economic Policy Research (CEPR)Stockholm School of Economics, University of Virginia - McIntire School of Commerce, Shanghai Jiao Tong University (SJTU) - Shanghai Advanced Institute of Finance (SAIF), University of Texas at Austin - Department of Finance and University of Texas at Dallas
Downloads 18 (678,472)
Citation 10
  • Add to Cart

Abstract:

Loading...

Analyst recommendations, analyst forecast accuracy, investment banking, conflicts of interest, institutional investors, banking relationships

5.

Ex Ante Cost of Equity Estimates of S&P 500 Firms: The Choice between Global and Domestic CAPM

Downloads 1,424 ( 16,845)
Citation 10

Ex Ante Cost of Equity Estimates of S&P 500 Firms: The Choice between Global and Domestic CAPM

Financial Management 32(3), 2003, 51-66
Number of pages: 24 Posted: 04 Oct 2002 Last Revised: 10 Nov 2015
Robert S. Harris, Felicia C. Marston, Dev R. Mishra and Thomas J. O'Brien
University of Virginia - Darden School of Business, University of Virginia - McIntire School of Commerce, University of Saskatchewan - Edwards School of Business and University of Connecticut - Department of Finance
Downloads 1,424 (16,552)
Citation 10

Abstract:

Loading...

Ex Ante, Cost of Equity, CAPM

Ex Ante Cost of Equity Estimates of S&P 500 Firms: The Choice between Global and Domestic CAPM

Darden Business School Working Paper No. 02-09
Posted: 10 Jan 2005
Robert S. Harris, Felicia C. Marston, Dev R. Mishra and Thomas J. O'Brien
University of Virginia - Darden School of Business, University of Virginia - McIntire School of Commerce, University of Saskatchewan - Edwards School of Business and University of Connecticut - Department of Finance

Abstract:

Loading...

6.

Incentives for Leasing: Evidence from the Largest U.S. Lessees and Lessors

Number of pages: 36 Posted: 02 Mar 2002
Kenneth M. Eades and Felicia C. Marston
University of Virginia - Darden School of Business and University of Virginia - McIntire School of Commerce
Downloads 1,416 (17,017)
Citation 3

Abstract:

Loading...

Leasing, real options, contracting cost, financial structure

7.

Bidding for Hertz: Leveraged Buyout

Darden Case No. UVA-F-1560
Number of pages: 19 Posted: 14 Jun 2009
Susan Chaplinsky and Felicia C. Marston
University of Virginia - Darden School of Business and University of Virginia - McIntire School of Commerce
Downloads 1,123 (24,026)
  • Add to Cart

Abstract:

Loading...

buyouts, LBO, private equity, valuation

8.

Scaling the Hierarchy: How and Why Investment Banks Compete for Syndicate Co-Management Appointments

Downloads 739 ( 43,223)
Citation 33

Scaling the Hierarchy: How and Why Investment Banks Compete for Syndicate Co-Management Appointments

Number of pages: 46 Posted: 15 Sep 2005
Alexander Ljungqvist, Alexander Ljungqvist, Felicia C. Marston and William J. Wilhelm
Centre for Economic Policy Research (CEPR)Stockholm School of Economics, University of Virginia - McIntire School of Commerce and University of Virginia - McIntire School of Commerce
Downloads 652 (50,404)
Citation 8

Abstract:

Loading...

Underwriting syndicates, Commercial banks, Glass-Steagall Act, Global Settlement, Analyst behavior

Scaling the Hierarchy: How and Why Investment Banks Compete for Syndicate Co-Management Appointments

NYU Working Paper No. S-FI-05-02
Number of pages: 58 Posted: 11 Nov 2008
Alexander Ljungqvist, Alexander Ljungqvist, Felicia C. Marston and William J. Wilhelm
Centre for Economic Policy Research (CEPR)Stockholm School of Economics, University of Virginia - McIntire School of Commerce and University of Virginia - McIntire School of Commerce
Downloads 55 (466,409)
Citation 18

Abstract:

Loading...

Underwriting syndicates, Commercial banks, Glass-Steagall Act, Global Settlement, Analyst behavior

Scaling the Hierarchy: How and Why Investment Banks Compete for Syndicate Co-Management Appointments

NYU Working Paper No. FIN-07-029
Number of pages: 46 Posted: 13 Nov 2008
Alexander Ljungqvist, Alexander Ljungqvist, Felicia C. Marston and William J. Wilhelm
Centre for Economic Policy Research (CEPR)Stockholm School of Economics, University of Virginia - McIntire School of Commerce and University of Virginia - McIntire School of Commerce
Downloads 32 (578,564)

Abstract:

Loading...

Underwriting syndicates, Commercial banks, Glass-Steagall Act, Global Settlement, Analyst behavior

Scaling the Hierarchy: How and Why Investment Banks Compete for Syndicate Co-Management Appointments

The Review of Financial Studies, Vol. 22, Issue 10, pp. 3977-4007, 2009
Posted: 28 Sep 2009
Alexander Ljungqvist, Alexander Ljungqvist, Felicia C. Marston and William J. Wilhelm
Centre for Economic Policy Research (CEPR)Stockholm School of Economics, University of Virginia - McIntire School of Commerce and University of Virginia - McIntire School of Commerce

Abstract:

Loading...

G21, G24

9.

Changes in the Market Risk Premium and the Cost of Capital: Implications for Practice

Downloads 441 ( 83,491)

Changes in the Market Risk Premium and the Cost of Capital: Implications for Practice

Journal of Applied Finance (Formerly Financial Practice and Education), Vol. 23, No. 1, 2013
Number of pages: 14 Posted: 12 Nov 2015
Robert S. Harris and Felicia C. Marston
University of Virginia - Darden School of Business and University of Virginia - McIntire School of Commerce
Downloads 441 (82,749)

Abstract:

Loading...

Changes in the Market Risk Premium and the Cost of Capital: Implications for Practice

Journal of Applied Finance, Spring/Summer 2013, Volume 23, No. 1
Posted: 16 Jul 2013
Robert S. Harris and Felicia C. Marston
University of Virginia - Darden School of Business and University of Virginia - McIntire School of Commerce

Abstract:

Loading...

Merket Risk Premium, Cost of Capital, long-term interst rates, credit spreads, volatility

10.

Investing in Sponsor-Backed Ipos: The Case of Hertz

Darden Case No. UVA-F-1561
Number of pages: 21 Posted: 14 Jun 2009
Susan Chaplinsky, Felicia C. Marston and Michael Pozzi
University of Virginia - Darden School of Business, University of Virginia - McIntire School of Commerce and affiliation not provided to SSRN
Downloads 330 (115,587)
  • Add to Cart

Abstract:

Loading...

IPO, buyouts, reverse LBOs, private equity

11.

Scaling the Hierarchy: How and Why Investments Banks Compete for Syndicate Co-Management Appointments

NYU Working Paper No. FIN-05-027
Number of pages: 57 Posted: 03 Nov 2008
Alexander Ljungqvist, Alexander Ljungqvist, Felicia C. Marston and William J. Wilhelm
Centre for Economic Policy Research (CEPR)Stockholm School of Economics, University of Virginia - McIntire School of Commerce and University of Virginia - McIntire School of Commerce
Downloads 34 (553,611)

Abstract:

Loading...

Underwriting syndicates, Commercial banks

12.

Nokia Oyj: Financing the Wp Strategic Plan

Darden Case No. UVA-F-1651
Number of pages: 25 Posted: 30 May 2017
Susan Chaplinsky and Felicia C. Marston
University of Virginia - Darden School of Business and University of Virginia - McIntire School of Commerce
Downloads 9 (724,796)
  • Add to Cart

Abstract:

Loading...

financial policy, capital structure, debt financing, equity financing, financial strategy

13.

The Carlyle Group: IPO of a Publicly Traded Private Equity Firm

Darden Case No. UVA-F-1689
Number of pages: 27 Posted: 30 May 2017
Susan Chaplinsky and Felicia C. Marston
University of Virginia - Darden School of Business and University of Virginia - McIntire School of Commerce
Downloads 7 (740,498)
  • Add to Cart

Abstract:

Loading...

valuation, private equity, DCF, discounted cash flow, initial public offering

14.

Dupont Corporation: Sale of Performance Coatings

Darden Case No. UVA-F-1709
Number of pages: 22 Posted: 30 May 2017
Susan Chaplinsky, Felicia C. Marston and Brett Merker
University of Virginia - Darden School of Business, University of Virginia - McIntire School of Commerce and University of Virginia - Darden School of Business
Downloads 7 (740,498)
  • Add to Cart

Abstract:

Loading...

LBO, leveraged buyout, valuation, divest, private equity, strategic buyer

15.

Roark Capital: Buyout of Buffalo Wild Wings

Darden Case No. UVA-F-1984
Number of pages: 23 Posted: 21 Oct 2021
Susan Chaplinsky, Felicia C. Marston and Anne Lykes
University of Virginia - Darden School of Business, University of Virginia - McIntire School of Commerce and University of Virginia - Darden School of Business
Downloads 0
  • Add to Cart

Abstract:

Loading...

private equity, leveraged buyouts, LBOs, franchising, debt financing, valuation, proxy contests, restaurant, food service

16.

Avnet Computer

Darden Case No. UVA-F-1125
Number of pages: 12 Posted: 30 May 2017
Kenneth M. Eades and Felicia C. Marston
University of Virginia - Darden School of Business and University of Virginia - McIntire School of Commerce
Downloads 0 (809,433)
  • Add to Cart

Abstract:

Loading...

capital structure, cash flow, cost of capital, leasing, valuation