Josef Lakonishok

University of Illinois at Urbana-Champaign

William G. Karnes Professor in Mergers & Acquisitions

1206 South Sixth Street

Champaign, IL 61820

United States

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue

Cambridge, MA 02138

United States

SCHOLARLY PAPERS

24

DOWNLOADS
Rank 2,175

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Top 2,175

in Total Papers Downloads

16,524

SSRN CITATIONS
Rank 313

SSRN RANKINGS

Top 313

in Total Papers Citations

285

CROSSREF CITATIONS

2,225

Scholarly Papers (24)

1.

Earnings Quality and Stock Returns: The Evidence from Accruals

Number of pages: 38 Posted: 15 Feb 2001
National Chengchi Unversity (NCCU) - Finance, Emory University - Department of Finance, University of Illinois at Urbana-Champaign - Department of Finance and University of Illinois at Urbana-Champaign
Downloads 4,250 (2,291)
Citation 32

Abstract:

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The Stock Market Valuation of Research and Development Expenditures

Number of pages: 43 Posted: 03 Jan 2000
Louis K.C. Chan, Josef Lakonishok and Theodore Sougiannis
University of Illinois at Urbana-Champaign - Department of Finance, University of Illinois at Urbana-Champaign and University of Illinois at Urbana-Champaign - Department of Accountancy
Downloads 3,159 (3,709)
Citation 24

Abstract:

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The Stock Market Valuation of Research and Development Expenditures

NBER Working Paper No. w7223
Number of pages: 46 Posted: 11 Jun 2000 Last Revised: 13 Oct 2010
Louis K.C. Chan, Josef Lakonishok and Theodore Sougiannis
University of Illinois at Urbana-Champaign - Department of Finance, University of Illinois at Urbana-Champaign and University of Illinois at Urbana-Champaign - Department of Accountancy
Downloads 175 (187,479)
Citation 37

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3.
Downloads 2,387 ( 6,064)

Momentum Strategies

NBER Working Paper No. w5375
Number of pages: 40 Posted: 24 Jul 2000 Last Revised: 24 Sep 2010
Louis K.C. Chan, Narasimhan Jegadeesh and Josef Lakonishok
University of Illinois at Urbana-Champaign - Department of Finance, Emory University - Department of Finance and University of Illinois at Urbana-Champaign
Downloads 2,387 (5,938)

Abstract:

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Momentum Strategies

J. OF FINANCE, Vol. 51 No. 5, December 1996
Posted: 23 Oct 1996
Louis K.C. Chan, Narasimhan Jegadeesh and Josef Lakonishok
University of Illinois at Urbana-Champaign - Department of Finance, Emory University - Department of Finance and University of Illinois at Urbana-Champaign

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Analysts' Conflict of Interest and Biases in Earnings Forecasts

Number of pages: 58 Posted: 11 May 2003
Louis K.C. Chan, Jason J. Karceski and Josef Lakonishok
University of Illinois at Urbana-Champaign - Department of Finance, LSV Asset Management and University of Illinois at Urbana-Champaign
Downloads 1,144 (19,363)

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Analysts' Conflict of Interest and Biases in Earnings Forecasts

NBER Working Paper No. w9544
Number of pages: 48 Posted: 08 Mar 2003 Last Revised: 01 Nov 2010
Louis K.C. Chan, Jason J. Karceski and Josef Lakonishok
University of Illinois at Urbana-Champaign - Department of Finance, LSV Asset Management and University of Illinois at Urbana-Champaign
Downloads 51 (425,919)
Citation 5

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5.
Downloads 1,134 ( 19,983)
Citation 17

The Level and Persistence of Growth Rates

Number of pages: 52 Posted: 14 Jun 2002
Louis K.C. Chan, Jason J. Karceski and Josef Lakonishok
University of Illinois at Urbana-Champaign - Department of Finance, LSV Asset Management and University of Illinois at Urbana-Champaign
Downloads 986 (24,153)
Citation 17

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The Level and Persistence of Growth Rates

NBER Working Paper No. w8282
Number of pages: 47 Posted: 10 May 2001 Last Revised: 22 Oct 2010
Louis K.C. Chan, Jason J. Karceski and Josef Lakonishok
University of Illinois at Urbana-Champaign - Department of Finance, LSV Asset Management and University of Illinois at Urbana-Champaign
Downloads 148 (216,498)

Abstract:

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The Level and Persistence of Growth Rates

Posted: 12 Oct 2003
Louis K.C. Chan, Jason J. Karceski and Josef Lakonishok
University of Illinois at Urbana-Champaign - Department of Finance, LSV Asset Management and University of Illinois at Urbana-Champaign

Abstract:

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Contrarian Investment, Extrapolation, and Risk

NBER Working Paper No. w4360
Number of pages: 48 Posted: 27 Apr 2000 Last Revised: 17 Jan 2002
Josef Lakonishok, Andrei Shleifer and Robert W. Vishny
University of Illinois at Urbana-Champaign, Harvard University - Department of Economics and University of Chicago - Booth School of Business
Downloads 1,005 (23,486)
Citation 56

Abstract:

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Contrarian Investment, Extrapolation, and Risk

JOURNAL OF FINANCE, VOL. 49, NO. 5, December 1994
Posted: 26 Oct 1999
Josef Lakonishok, Andrei Shleifer and Robert W. Vishny
University of Illinois at Urbana-Champaign, Harvard University - Department of Economics and University of Chicago - Booth School of Business

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Benchmarking Money Manager Performance: Issues and Evidence

Number of pages: 61 Posted: 08 Aug 2006 Last Revised: 23 Mar 2009
Louis K.C. Chan, Stephen G. Dimmock and Josef Lakonishok
University of Illinois at Urbana-Champaign - Department of Finance, National University of Singapore and University of Illinois at Urbana-Champaign
Downloads 441 (70,759)
Citation 5

Abstract:

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Benchmarking, Portfolio Manager, Institutional Investors, Performance Evaluation

Benchmarking Money Manager Performance: Issues and Evidence

NBER Working Paper No. w12461
Number of pages: 63 Posted: 21 Aug 2006 Last Revised: 21 Jul 2010
Louis K.C. Chan, Stephen G. Dimmock and Josef Lakonishok
University of Illinois at Urbana-Champaign - Department of Finance, National University of Singapore and University of Illinois at Urbana-Champaign
Downloads 41 (467,107)
Citation 3

Abstract:

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Benchmarking Money Manager Performance: Issues and Evidence

The Review of Financial Studies, Vol. 22, Issue 11, pp. 4553-4599, 2009
Posted: 08 Dec 2009
Louis K.C. Chan, Stephen G. Dimmock and Josef Lakonishok
University of Illinois at Urbana-Champaign - Department of Finance, National University of Singapore and University of Illinois at Urbana-Champaign

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Market Underreaction to Open Market Share Repurchases

NBER Working Paper No. w4965
Number of pages: 33 Posted: 25 Jul 2000 Last Revised: 30 Jul 2010
David L. Ikenberry, Josef Lakonishok and Theo Vermaelen
Leeds School of Business, University of Colorado Boulder, University of Illinois at Urbana-Champaign and INSEAD - Finance
Downloads 436 (71,772)
Citation 2

Abstract:

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Market Underreaction to Open Market Share Repurchases

Rice University Working Paper Series No 106
Posted: 06 Sep 1999
David L. Ikenberry, Josef Lakonishok and Theo Vermaelen
Leeds School of Business, University of Colorado Boulder, University of Illinois at Urbana-Champaign and INSEAD - Finance

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9.

Good News for Value Stocks: Further Evidence on Market Efficiency

NBER Working Paper No. w5311
Number of pages: 24 Posted: 02 Sep 2000 Last Revised: 24 Sep 2010
Dartmouth College - Tuck School of Business, University of Illinois at Urbana-Champaign, Harvard University - Department of Economics and University of Chicago - Booth School of Business
Downloads 340 (96,657)
Citation 2

Abstract:

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10.
Downloads 324 (101,996)

Earnings Quality and Stock Returns

NBER Working Paper No. w8308
Number of pages: 38 Posted: 03 Jun 2001 Last Revised: 22 Oct 2010
National Chengchi Unversity (NCCU) - Finance, Emory University - Department of Finance, University of Illinois at Urbana-Champaign - Department of Finance and University of Illinois at Urbana-Champaign
Downloads 324 (101,375)
Citation 1

Abstract:

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Earnings Quality and Stock Returns

Posted: 28 Feb 2005
National Chengchi Unversity (NCCU) - Finance, Emory University - Department of Finance, University of Illinois at Urbana-Champaign - Department of Finance and University of Illinois at Urbana-Champaign

Abstract:

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On Portfolio Optimization: Forecasting Covariances and Choosing the Risk Model

NBER Working Paper No. w7039
Number of pages: 60 Posted: 20 Apr 1999 Last Revised: 12 Oct 2010
Louis K.C. Chan, Jason J. Karceski and Josef Lakonishok
University of Illinois at Urbana-Champaign - Department of Finance, LSV Asset Management and University of Illinois at Urbana-Champaign
Downloads 292 (113,519)
Citation 11

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On Portfolio Optimization: Forecasting Covariances and Choosing the Risk Model

Posted: 13 Mar 2000
Louis K.C. Chan, Jason J. Karceski and Josef Lakonishok
University of Illinois at Urbana-Champaign - Department of Finance, LSV Asset Management and University of Illinois at Urbana-Champaign

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12.

Are Insiders' Trades Informative?

NBER Working Paper No. w6656
Number of pages: 47 Posted: 11 Sep 1998 Last Revised: 10 Oct 2010
Josef Lakonishok and Inmoo Lee
University of Illinois at Urbana-Champaign and KAIST College of Business
Downloads 246 (136,512)
Citation 1

Abstract:

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13.

Window Dressing by Pension Fund Managers

NBER Working Paper No. w3617
Number of pages: 15 Posted: 08 Jan 2008
University of Illinois at Urbana-Champaign, Harvard University - Department of Economics, University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 218 (153,443)
Citation 3

Abstract:

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14.

Do Institutional Investors Destabilize Stock Prices? Evidence on Herding and Feedback Trading

NBER Working Paper No. w3846
Number of pages: 32 Posted: 27 Apr 2000 Last Revised: 15 Jul 2010
Josef Lakonishok, Andrei Shleifer and Robert W. Vishny
University of Illinois at Urbana-Champaign, Harvard University - Department of Economics and University of Chicago - Booth School of Business
Downloads 206 (161,729)
Citation 33

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15.

On Mutual Fund Investment Styles

NBER Working Paper No. w7215
Number of pages: 48 Posted: 15 Dec 1999 Last Revised: 13 Oct 2010
Louis K.C. Chan, Hsiu-Lang Chen and Josef Lakonishok
University of Illinois at Urbana-Champaign - Department of Finance, University of Illinois at Chicago - Department of Finance and University of Illinois at Urbana-Champaign
Downloads 202 (164,671)
Citation 5

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16.

Stock Repurchases in Canada: Performance and Strategic Trading

NBER Working Paper No. w7325
Number of pages: 37 Posted: 11 Feb 2000 Last Revised: 13 Oct 2010
David L. Ikenberry, Josef Lakonishok and Theo Vermaelen
Leeds School of Business, University of Colorado Boulder, University of Illinois at Urbana-Champaign and INSEAD - Finance
Downloads 143 (222,147)

Abstract:

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17.

Investor Behavior in the Option Market

NBER Working Paper No. w10264
Number of pages: 54 Posted: 31 Jan 2004 Last Revised: 20 Jul 2010
Josef Lakonishok, Inmoo Lee and Allen M. Poteshman
University of Illinois at Urbana-Champaign, KAIST College of Business and University of Illinois at Urbana-Champaign - Department of Finance
Downloads 140 (225,894)
Citation 5

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18.
Downloads 127 (243,832)

The Risk and Return from Factors

NBER Working Paper No. w6098
Number of pages: 43 Posted: 10 Feb 1998 Last Revised: 06 Oct 2010
Louis K.C. Chan, J. Karaceski and Josef Lakonishok
University of Illinois at Urbana-Champaign - Department of Finance, affiliation not provided to SSRN and University of Illinois at Urbana-Champaign
Downloads 127 (244,723)

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The Risk and Return from Factors

Posted: 15 Jun 1998
Josef Lakonishok, Louis K.C. Chan and Jason J. Karceski
University of Illinois at Urbana-Champaign, University of Illinois at Urbana-Champaign - Department of Finance and LSV Asset Management

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19.

A Cross-Market Comparison of Institutional Equity Trading Costs

NBER Working Paper No. w5374
Number of pages: 36 Posted: 07 Jul 2000 Last Revised: 24 Sep 2010
Louis K.C. Chan and Josef Lakonishok
University of Illinois at Urbana-Champaign - Department of Finance and University of Illinois at Urbana-Champaign
Downloads 63 (379,064)

Abstract:

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20.

Are Analysts all Alike? Identifying Earnings Forecasting Ability

Journal of Investment Management, Vol. 6, No. 2, Second Quarter 2008
Posted: 15 May 2008
University of Illinois at Urbana-Champaign - Department of Finance, Leeds School of Business, University of Colorado Boulder, University of Illinois at Urbana-Champaign and University of Illinois at Urbana-Champaign - Department of Finance

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Security analysts, earnings forecasts, forcast accuracy, all-star analysts

21.

Industry Classifications and Return Comovement

Financial Analysts Journal, Vol. 63, No. 6, 2007
Posted: 14 Dec 2007
Louis K.C. Chan, Josef Lakonishok and Bhaskaran Swaminathan
University of Illinois at Urbana-Champaign - Department of Finance, University of Illinois at Urbana-Champaign and LSV Asset Management

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Portfolio Management: Equity Strategies, Asset Allocation

22.

Value and Growth Investing: Review and Update

Posted: 13 Feb 2004
Louis K.C. Chan and Josef Lakonishok
University of Illinois at Urbana-Champaign - Department of Finance and University of Illinois at Urbana-Champaign

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Portfolio Management, Equity Strategies, Investment Theory, Behavioral Finance

23.

Are Insider Trades Informative?

Posted: 05 Mar 2001
Josef Lakonishok and Inmoo Lee
University of Illinois at Urbana-Champaign and KAIST College of Business

Abstract:

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24.

The Behavior of Stock Prices Around Institutional Trades

JOURNAL OF FINANCE, Vol 50 No. 4, September 1995
Posted: 25 Aug 1998
Louis K.C. Chan and Josef Lakonishok
University of Illinois at Urbana-Champaign - Department of Finance and University of Illinois at Urbana-Champaign

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