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 3,131

SSRN RANKINGS

Top 3,131

in Total Papers Downloads

23,473

TOTAL CITATIONS
Rank 386

SSRN RANKINGS

Top 386

in Total Papers Citations

775

Scholarly Papers (24)

1.
Downloads 4,487 ( 4,804)
Citation 1

Momentum Strategies

NBER Working Paper No. w5375
Number of pages: 40 Posted: 24 Jul 2000 Last Revised: 11 Mar 2022
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 4,487 (4,717)
Citation 1

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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2.

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 4,406 (4,947)
Citation 39

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 3,357 (7,590)
Citation 49

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: 28 Sep 2022
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 978 (50,388)
Citation 44

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4.
Downloads 2,097 (16,365)
Citation 51

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 1,845 (19,720)
Citation 20

Abstract:

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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: 20 Aug 2022
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 252 (259,634)
Citation 31

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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

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5.
Downloads 1,884 (19,430)
Citation 333

Contrarian Investment, Extrapolation, and Risk

NBER Working Paper No. w4360
Number of pages: 48 Posted: 27 Apr 2000 Last Revised: 02 Dec 2022
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 1,884 (19,084)
Citation 333

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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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 1,193 (37,938)
Citation 2

Abstract:

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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: 30 Jan 2022
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 173 (371,887)
Citation 7

Abstract:

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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: 28 Jul 2022
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 803 (66,003)

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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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 535 (111,398)
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 2022
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 141 (443,264)
Citation 8

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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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: 26 Sep 2022
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 487 (125,003)
Citation 23

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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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10.
Downloads 483 (127,800)
Citation 13

Earnings Quality and Stock Returns

NBER Working Paper No. w8308
Number of pages: 38 Posted: 03 Jun 2001 Last Revised: 15 Sep 2022
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 483 (126,207)
Citation 13

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

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11.

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: 08 Jul 2022
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 445 (141,109)
Citation 9

Abstract:

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12.

Window Dressing by Pension Fund Managers

NBER Working Paper No. w3617
Number of pages: 15 Posted: 08 Jan 2008 Last Revised: 22 Jul 2023
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 348 (186,072)
Citation 14

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13.

Are Insiders' Trades Informative?

NBER Working Paper No. w6656
Number of pages: 47 Posted: 11 Sep 1998 Last Revised: 04 Apr 2022
Josef Lakonishok and Inmoo Lee
University of Illinois at Urbana-Champaign and KAIST College of Business
Downloads 344 (188,452)
Citation 9

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14.

On Mutual Fund Investment Styles

NBER Working Paper No. w7215
Number of pages: 48 Posted: 15 Dec 1999 Last Revised: 19 Sep 2022
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 283 (232,282)
Citation 9

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15.

Investor Behavior in the Option Market

NBER Working Paper No. w10264
Number of pages: 54 Posted: 31 Jan 2004 Last Revised: 20 Jul 2022
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 267 (246,486)
Citation 14

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16.

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: 07 Jul 2022
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 255 (258,261)
Citation 140

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17.
Downloads 233 (282,352)
Citation 4

The Risk and Return from Factors

NBER Working Paper No. w6098
Number of pages: 43 Posted: 10 Feb 1998 Last Revised: 01 Sep 2022
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 233 (280,745)
Citation 4

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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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18.

Stock Repurchases in Canada: Performance and Strategic Trading

NBER Working Paper No. w7325
Number of pages: 37 Posted: 11 Feb 2000 Last Revised: 09 Jul 2022
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 189 (344,062)
Citation 1

Abstract:

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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: 10 Mar 2022
Louis K.C. Chan and Josef Lakonishok
University of Illinois at Urbana-Champaign - Department of Finance and University of Illinois at Urbana-Champaign
Downloads 85 (637,798)

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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 Compassion AI, LLC

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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

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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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