Ajay Khorana

Georgia Institute of Technology - Finance Area

Wachovia Associate Professor of Finance

800 West Peachtree St.

Atlanta, GA 30308

United States

SCHOLARLY PAPERS

20

DOWNLOADS
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SSRN RANKINGS

Top 3,297

in Total Papers Downloads

19,113

SSRN CITATIONS
Rank 6,679

SSRN RANKINGS

Top 6,679

in Total Papers Citations

172

CROSSREF CITATIONS

72

Scholarly Papers (20)

1.

Mutual Funds Fees Around the World

HBS Finance Working Paper No. 901023
Number of pages: 45 Posted: 08 May 2006
Ajay Khorana, Henri Servaes and Peter Tufano
Georgia Institute of Technology - Finance Area, London Business School and Harvard Business School
Downloads 3,285 (6,473)
Citation 16

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An Examination of Herd Behavior in Equity Markets: An International Perspective

Number of pages: 39 Posted: 29 Sep 1999
Ajay Khorana, Eric C. Chang and Joseph W. Cheng
Georgia Institute of Technology - Finance Area, University of Hong Kong - School of Business and The Chinese University of Hong Kong (CUHK) - Department of Finance
Downloads 2,888 (7,767)
Citation 22

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An Examination of Herd Behavior in Equity Markets: An International Perspective

Journal of Banking and Finance
Posted: 29 Sep 1999
Ajay Khorana, Eric C. Chang and Joseph W. Cheng
Georgia Institute of Technology - Finance Area, University of Hong Kong - School of Business and The Chinese University of Hong Kong (CUHK) - Department of Finance

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3.

Conflicts of Interest and Competition in the Mutual Fund Industry

Number of pages: 44 Posted: 04 Oct 2000
Ajay Khorana and Henri Servaes
Georgia Institute of Technology - Finance Area and London Business School
Downloads 2,167 (12,467)
Citation 18

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Explaining the Size of the Mutual Fund Industry Around the World

Number of pages: 50 Posted: 06 May 2003
Ajay Khorana, Henri Servaes and Peter Tufano
Georgia Institute of Technology - Finance Area, London Business School and Harvard Business School
Downloads 1,688 (18,119)
Citation 43

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Explaining the Size of the Mutual Fund Industry Around the World

Posted: 14 Sep 2004
Ajay Khorana, Henri Servaes and Peter Tufano
Georgia Institute of Technology - Finance Area, London Business School and Harvard Business School

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5.

Board Structure, Mergers and Shareholder Wealth: A Study of the Mutual Fund Industry

Journal of Financial Economics (JFE), Forthcoming, AFA 2007 Chicago Meetings
Number of pages: 43 Posted: 12 Jun 2006
Ajay Khorana, Lei Wedge and Peter Tufano
Georgia Institute of Technology - Finance Area, University of South Florida and Harvard Business School
Downloads 1,559 (20,821)
Citation 21

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mutual fund, board structure, mergers

Is There Life after the Complete Loss of Analyst Coverage?

Number of pages: 49 Posted: 22 Mar 2010 Last Revised: 30 Oct 2012
U.S. Securities and Exchange CommissionArizona State University (ASU) - Finance Department, University of Cambridge and Georgia Institute of Technology - Finance Area
Downloads 1,125 (33,225)
Citation 6

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analyst coverage, delisting prediction, investor recognition

Is There Life after the Complete Loss of Analyst Coverage?

Accounting Review, Forthcoming
Number of pages: 49 Posted: 31 Oct 2012
U.S. Securities and Exchange CommissionArizona State University (ASU) - Finance Department, University of Cambridge and Georgia Institute of Technology - Finance Area
Downloads 208 (250,753)
Citation 12

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analyst coverage, investor recognition, delisting prediction

7.
Downloads 1,178 (31,571)
Citation 33

Portfolio Manager Ownership and Fund Performance

ECGI - Finance Working Paper No. 148/2007
Number of pages: 45 Posted: 13 Sep 2006
Ajay Khorana, Henri Servaes and Lei Wedge
Georgia Institute of Technology - Finance Area, London Business School and University of South Florida
Downloads 1,162 (31,729)
Citation 14

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manager ownership, fund performance, mutual fund board

Portfolio Manager Ownership and Fund Performance

CEPR Discussion Paper No. 5931
Number of pages: 44 Posted: 03 Jan 2007
Ajay Khorana, Henri Servaes and Lei Wedge
Georgia Institute of Technology - Finance Area, London Business School and University of South Florida
Downloads 16 (954,848)
Citation 3
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Fund performance, portfolio manager ownership

8.
Downloads 1,055 (36,973)
Citation 5

Why Do Firms Go Public through Debt Instead of Equity?

Number of pages: 30 Posted: 20 Mar 2012 Last Revised: 27 May 2018
University of Pennsylvania - The Wharton School, Wharton Research Data Services (WRDS), Georgia Institute of Technology - Finance Area, University of Cambridge and University of Cambridge - Finance
Downloads 872 (47,488)

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Initial public debt offerings, information asymmetry, going public decision, financial statement informativeness

Why Do Firms Go Public Through Debt Instead of Equity?

Critical Finance Review, Forthcoming
Number of pages: 30 Posted: 21 Jun 2018
University of Pennsylvania - The Wharton School, Wharton Research Data Services (WRDS), Georgia Institute of Technology - Finance Area, University of Cambridge and University of Cambridge - Finance
Downloads 183 (281,704)
Citation 5

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initial public debt offerings, information asymmetry, going public decision, financial statement informativeness

The Impact of All-Star Analyst Job Changes on Their Coverage Choices and Investment Banking Deal Flow

Journal of Financial Economics (JFE), Forthcoming, Utah Winter Finance Conference
Number of pages: 34 Posted: 30 Aug 2003 Last Revised: 26 May 2010
Georgia Institute of Technology - Finance Area, Wake Forest University, School of Business, University of Cambridge and Georgia Institute of Technology - Scheller College of Business
Downloads 811 (52,480)
Citation 53

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All-star analysts, analyst coverage, market share, investment bank relationships, conflicts of interests

The Impact of All-Star Analyst Job Changes on Their Coverage Choices and Investment Banking Deal Flow

Journal of Financial Economics, Vol. 84, pp. 713-737, 2007
Posted: 18 Dec 2005 Last Revised: 26 Oct 2015
Georgia Institute of Technology - Finance Area, Georgia Institute of Technology - Scheller College of Business, University of Cambridge and Wake Forest University, School of Business

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All-star analyst, analyst coverage, market share, investment banking relationships, conflicts of interests

Independents' Day? Analyst Behavior Surrounding the Global Settlement

Number of pages: 27 Posted: 07 Jul 2004 Last Revised: 21 Aug 2009
Georgia Institute of Technology - Scheller College of Business, Georgia Institute of Technology - Finance Area, University of Cambridge and Wake Forest University, School of Business
Downloads 793 (54,114)
Citation 13

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Analysts, Investment banks, Independent Research institutions, Conflicts of interest, Analyst recommendations, Global Settlement

Independents' Day? Analyst Behavior Surrounding the Global Settlement

Annals of Finance, 7(4) 529-547, 2011
Posted: 25 Aug 2009 Last Revised: 26 Oct 2015
Georgia Institute of Technology - Scheller College of Business, Georgia Institute of Technology - Finance Area, Wake Forest University, School of Business and University of Cambridge

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Analyst Recommendations, Investment banks, Independent research institutions, Conflicts of interest, Global Settlement

An Analysis of the Determinants and Shareholder Wealth Effects of Mutual Fund Mergers

Number of pages: 40 Posted: 14 Aug 2001
Georgia Institute of Technology - Scheller College of Business, Georgia Institute of Technology - Finance Area and Drexel University - Department of Finance
Downloads 719 (61,669)
Citation 3

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An Analysis of the Determinants and Shareholder Wealth Effects of Mutual Fund Mergers

Posted: 29 Nov 2003
Georgia Institute of Technology - Scheller College of Business, Georgia Institute of Technology - Finance Area and Drexel University - Department of Finance

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An Analysis of the Determinants and Shareholder Wealth Effects of Mutual Fund Mergers

Posted: 16 Aug 2001
Georgia Institute of Technology - Scheller College of Business, Georgia Institute of Technology - Finance Area and Drexel University - Department of Finance

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Managerial Actions in Response to a Market Downturn: Valuation Effects of Name Changes in the Dot.Com Decline

Purdue University Working Paper
Number of pages: 28 Posted: 28 Mar 2003
Georgia Institute of Technology - Finance Area, University of Utah - David Eccles School of Business, Wake Forest University, School of Business, University of Cambridge and Michigan State University - Eli Broad College of Business
Downloads 665 (68,210)
Citation 18

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Behavioral Finance, Dotcom bubble, Managerial Timing, Gaming Behavior, Market Efficiency, Anomalies, Name Changes

Managerial Actions in Response to a Market Downturn: Valuation Effects of Name Changes in the Dot.Com Decline

Journal of Corporate Finance, Vol. 11, Nos. 1-2, pp. 319-335, 2005
Posted: 09 Apr 2004
Georgia Institute of Technology - Finance Area, University of Utah - David Eccles School of Business, Wake Forest University, School of Business, University of Cambridge and Michigan State University - Eli Broad College of Business

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Behavioral finance, market efficiency, dotcom firms

The Determinants of Mutual Fund Starts

Number of pages: 42 Posted: 01 Feb 1999
Ajay Khorana and Henri Servaes
Georgia Institute of Technology - Finance Area and London Business School
Downloads 577 (81,599)
Citation 10

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The Determinants of Mutual Fund Starts

Posted: 07 Feb 2000
Ajay Khorana and Henri Servaes
Georgia Institute of Technology - Finance Area and London Business School

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The Determinants of Mutual Fund Starts

Posted: 16 Nov 1999
Ajay Khorana and Henri Servaes
Georgia Institute of Technology - Finance Area and London Business School

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Agency Conflicts in Closed-End Funds: The Case of Rights Offerings

Number of pages: 47 Posted: 25 Jan 2002
Ajay Khorana, Sunil Wahal and Marc Zenner
Georgia Institute of Technology - Finance Area, Arizona State University (ASU) - Finance Department and Citigroup, Inc. - Investment Banking Division
Downloads 395 (129,092)
Citation 3

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Agency Conflicts in Closed-End Funds: The Case of Rights Offerings

Posted: 12 Feb 2002
Ajay Khorana, Sunil Wahal and Marc Zenner
Georgia Institute of Technology - Finance Area, Arizona State University (ASU) - Finance Department and Citigroup, Inc. - Investment Banking Division

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15.

What Drives Market Share in the Mutual Fund Industry

Review of Finance, Forthcoming
Posted: 01 Nov 2011
Ajay Khorana and Henri Servaes
Georgia Institute of Technology - Finance Area and London Business School

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mutual funds, market share, price competition, product differentiation

16.

Mutual Fund Fees Around the World

The Review of Financial Studies, Vol. 22, Issue 3, pp. 1279-1310, 2009
Posted: 17 Mar 2009
Ajay Khorana, Henri Servaes and Peter Tufano
Georgia Institute of Technology - Finance Area, London Business School and Harvard Business School

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G2, L11

17.

Performance Changes Following Top Management Turnover: Evidence from Open-End Mutual Funds

Posted: 24 Aug 2001
Ajay Khorana
Georgia Institute of Technology - Finance Area

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18.

Does the Relation between Executive Compensation and Firm Size Explain the Large Takeovers of the 1980s?

Posted: 26 Aug 1999
Ajay Khorana and Marc Zenner
Georgia Institute of Technology - Finance Area and Citigroup, Inc. - Investment Banking Division

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19.

Executive Compensation of Large Acquirors in the 1980s

Journal of Corporate Finance, Vol. 4, No. 3, 1998
Posted: 09 Oct 1998
Ajay Khorana and Marc Zenner
Georgia Institute of Technology - Finance Area and Citigroup, Inc. - Investment Banking Division

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20.

Why Do Firms Issue Equity? Right Issues in the Closed-End Funds Industry

Posted: 22 Apr 1998
Ajay Khorana, Sunil Wahal and Marc Zenner
Georgia Institute of Technology - Finance Area, Arizona State University (ASU) - Finance Department and Citigroup, Inc. - Investment Banking Division

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