Umit G. Gurun

University of Texas at Dallas

2601 North Floyd Road

Richardson, TX 75083

United States

SCHOLARLY PAPERS

28

DOWNLOADS
Rank 3,271

SSRN RANKINGS

Top 3,271

in Total Papers Downloads

9,588

CITATIONS
Rank 8,327

SSRN RANKINGS

Top 8,327

in Total Papers Citations

55

Scholarly Papers (28)

Patent Trolls: Evidence from Targeted Firms

Harvard Business School Finance Working Paper No. 15-002
Number of pages: 80 Posted: 11 Jul 2014 Last Revised: 29 Aug 2016
Lauren Cohen, Umit G. Gurun and Scott Duke Kominers
Harvard Business School, University of Texas at Dallas and Harvard University
Downloads 1,869 (6,177)

Abstract:

Patent trolls, NPEs, PAEs, Innovation, Patents

Patent Trolls: Evidence from Targeted Firms

NBER Working Paper No. w20322
Number of pages: 70 Posted: 11 Aug 2014
Lauren Cohen, Umit G. Gurun and Scott Duke Kominers
Harvard Business School, University of Texas at Dallas and Harvard University
Downloads 14 (499,978)

Abstract:

2.
Downloads 897 ( 20,488)
Citation 11

Aggregate Market Reaction to Earnings Announcements

Journal of Accounting Research, Forthcoming
Number of pages: 61 Posted: 17 Jan 2010 Last Revised: 23 Jan 2010
William M. Cready and Umit G. Gurun
University of Texas at Dallas - Naveen Jindal School of Management and University of Texas at Dallas
Downloads 480 (47,425)
Citation 11

Abstract:

information content, earnings news, inflation, macro-inefficient market

Aggregate Market Reaction to Earnings Announcements

AAA 2007 Financial Accounting & Reporting Section (FARS) Meeting Paper
Number of pages: 58 Posted: 15 Sep 2006 Last Revised: 27 Apr 2009
Umit G. Gurun and William M. Cready
University of Texas at Dallas and University of Texas at Dallas - Naveen Jindal School of Management
Downloads 417 (56,549)
Citation 11

Abstract:

Earnings, Market Efficiency

3.
Downloads 895 ( 20,561)
Citation 3

Frog in the Pan: Continuous Information and Momentum

AFA 2012 Chicago Meetings Paper
Number of pages: 57 Posted: 06 Mar 2011 Last Revised: 02 Oct 2012
Zhi Da, Umit G. Gurun and Mitch Warachka
University of Notre Dame - Mendoza College of Business, University of Texas at Dallas and University of San Diego
Downloads 590 (36,275)
Citation 3

Abstract:

Momentum, Information Discreteness, Idiosyncratic Volatility

Frog in the Pan: Continuous Information and Momentum

Number of pages: 48 Posted: 24 Jan 2011 Last Revised: 08 May 2011
Zhi Da, Umit G. Gurun and Mitch Warachka
University of Notre Dame - Mendoza College of Business, University of Texas at Dallas and University of San Diego
Downloads 154 (161,280)
Citation 3

Abstract:

momentum, limited attention, information discreteness

Frog in the Pan: Continuous Information and Momentum

Number of pages: 61 Posted: 22 Dec 2013
Zhi Da, Umit G. Gurun and Mitch Warachka
University of Notre Dame - Mendoza College of Business, University of Texas at Dallas and University of San Diego
Downloads 151 (164,112)
Citation 3

Abstract:

Momentum, Information Discreteness, Idiosyncratic Volatility

4.

Don't Believe the Hype: Local Media Slant, Local Advertising, and Firm Value

Journal of Finance, Forthcoming, AFA 2010 Atlanta Meetings Paper
Number of pages: 48 Posted: 29 Jan 2009 Last Revised: 10 Jun 2011
Umit G. Gurun and Alexander W. Butler
University of Texas at Dallas and Rice University - Jesse H. Jones Graduate School of Business
Downloads 608 (31,278)
Citation 15

Abstract:

Media Slant, Location, Media, Advertising, Firm Value

5.
Downloads 457 ( 50,993)

Advertising Expensive Mortgages

Journal of Finance, Forthcoming, Fama-Miller Working Paper, Kreisman Working Papers Series in Housing Law and Policy No. 10
Number of pages: 46 Posted: 16 Mar 2013 Last Revised: 30 Sep 2016
Umit G. Gurun, Gregor Matvos and Amit Seru
University of Texas at Dallas, University of Chicago - Booth School of Business and Stanford University
Downloads 450 (51,453)

Abstract:

Advertising, Policy intervention, Mortgages, Foreclosures, Housing crisis

Advertising Expensive Mortgages

NBER Working Paper No. w18910
Number of pages: 77 Posted: 22 Mar 2013
Umit G. Gurun, Gregor Matvos and Amit Seru
University of Texas at Dallas, University of Chicago - Booth School of Business and Stanford University
Downloads 7 (539,224)

Abstract:

6.

Investor Sentiment, Accruals Anomaly, and Accruals Management

Journal of Accounting, Auditing and Finance, Forthcoming
Number of pages: 27 Posted: 13 Nov 2008
Ashiq Ali and Umit G. Gurun
University of Texas at Dallas - Naveen Jindal School of Management and University of Texas at Dallas
Downloads 424 (51,591)
Citation 3

Abstract:

Accruals, Mispricing, Investor Sentiment, Accruals Management

7.

Sell-Side Debt Analysts and Debt Market Efficiency

Forthcoming in Management Science
Number of pages: 48 Posted: 22 Jun 2008 Last Revised: 25 Aug 2015
Umit G. Gurun, Rick Johnston and Stanimir Markov
University of Texas at Dallas, University of Alabama at Birmingham - Department of Accounting and Information Systems and Southern Methodist University (SMU) - Edwin L. Cox School of Business
Downloads 373 (55,587)
Citation 2

Abstract:

Financial analysts, Information, Equity markets, Debt markets, Market efficiency

8.

Market Return and Aggregate Earnings News

Number of pages: 48 Posted: 14 Mar 2008 Last Revised: 18 Mar 2009
William M. Cready and Umit G. Gurun
University of Texas at Dallas - Naveen Jindal School of Management and University of Texas at Dallas
Downloads 357 (62,487)
Citation 6

Abstract:

Corporate Earnings, Information, Market Efficiency

9.

Lenders’ Response to Peer and Customer Restatements

Number of pages: 40 Posted: 09 Jul 2010 Last Revised: 15 Nov 2016
Rebecca Files and Umit G. Gurun
University of Texas at Dallas and University of Texas at Dallas
Downloads 344 (56,419)
Citation 1

Abstract:

Restatements, Bank Loans, Contagion Effects, Supply Chain

Volatility Clustering and the Bid-Ask Spread: Exchange Rate Behavior in Early Renaissance Florence

Number of pages: 25 Posted: 19 Jan 2012
Umit G. Gurun and G. Geoffrey Booth
University of Texas at Dallas and Michigan State University - Department of Finance
Downloads 176 (143,334)
Citation 3

Abstract:

Market microstructure, Asymmetric information, Volatility clustering, Early markets

Volatility Clustering and the Bid-Ask Spread: Exchange Rate Behavior in Early Renaissance Florence

Journal of Empirical Finance, Vol. 15, No. 1, 2008
Number of pages: 25 Posted: 13 Mar 2008
G. Geoffrey Booth and Umit G. Gurun
Michigan State University - Department of Finance and University of Texas at Dallas
Downloads 158 (157,813)
Citation 3

Abstract:

Volatility clustering, bid ask spread, Exchange rate, Renaissance

11.

Educational Networks, Mutual Fund Voting Patterns, and CEO Compensation

Number of pages: 50 Posted: 03 Aug 2008 Last Revised: 17 Jan 2012
Alexander W. Butler and Umit G. Gurun
Rice University - Jesse H. Jones Graduate School of Business and University of Texas at Dallas
Downloads 297 (75,520)
Citation 8

Abstract:

executive compensation, social connections, share voting

12.

Financial Networks and Trading in Bond Markets

Number of pages: 40 Posted: 17 Mar 2008 Last Revised: 16 Sep 2009
Umit G. Gurun, G. Geoffrey Booth and Harold H. Zhang
University of Texas at Dallas, Michigan State University - Department of Finance and University of Texas at Dallas - Naveen Jindal School of Management
Downloads 212 (116,195)
Citation 1

Abstract:

Global Financial Networks, Information, Bond

13.

Micro-Level Value Creation Under Managerial Short-Termism

AFA 2013 San Diego Meetings Paper
Number of pages: 45 Posted: 19 Jan 2012 Last Revised: 09 May 2016
Jonathan B. Cohn, Umit G. Gurun and Rabih Moussawi
University of Texas at Austin, University of Texas at Dallas and Villanova University - Department of Finance
Downloads 208 (99,180)

Abstract:

CEO Short-termism, Corporate Investment, CEO Compensation, Career Concerns, Corporate Governance

14.

Do Local Capital Market Conditions Affect Consumers' Borrowing Decisions?

Management Science, Forthcoming
Number of pages: 33 Posted: 29 Jul 2010 Last Revised: 13 Mar 2015
Alexander W. Butler, Jess Cornaggia and Umit G. Gurun
Rice University - Jesse H. Jones Graduate School of Business, Pennsylvania State University - Department of Finance and University of Texas at Dallas
Downloads 193 (85,685)

Abstract:

Peer-to-peer, Access to finance, Bank competition, Finance-growth nexus, Consumer finance, Household finance

15.

The Short Horizon Predictive Content of Aggregate Earnings

Number of pages: 31 Posted: 02 Sep 2009
William M. Cready and Umit G. Gurun
University of Texas at Dallas - Naveen Jindal School of Management and University of Texas at Dallas
Downloads 92 (218,656)

Abstract:

Corporate Earnings, Excess Aggregate Market Return, Analyst Recommendations

16.

Resident Networks and Corporate Connections: Evidence from World War II Internment Camps

Number of pages: 80 Posted: 21 Dec 2013 Last Revised: 24 Nov 2016
Lauren Cohen, Umit G. Gurun and Christopher J. Malloy
Harvard Business School, University of Texas at Dallas and Harvard Business School
Downloads 14 (206,009)

Abstract:

Information networks, trade links, firm behavior

17.

Trust Busting: The Effect of Fraud on Investor Behavior

Kelley School of Business Research Paper No. 15-70
Number of pages: 53 Posted: 24 Sep 2015 Last Revised: 31 Aug 2017
Umit G. Gurun, Noah Stoffman and Scott E. Yonker
University of Texas at Dallas, Indiana University - Kelley School of Business - Department of Finance and Cornell University - Dyson School of Applied Economics and Management
Downloads 11 (30,193)

Abstract:

Trust, Ponzi, Asset Allocation, Investment Advisors, Fraud, Affinity

18.

Resident Networks and Firm Trade

NBER Working Paper No. w18312
Number of pages: 54 Posted: 18 Aug 2012
Lauren Cohen, Umit G. Gurun and Christopher J. Malloy
Harvard Business School, University of Texas at Dallas and Harvard Business School
Downloads 2 (496,319)
Citation 1

Abstract:

19.

IQ from IP: Simplifying Search in Portfolio Choice

Number of pages: 34 Posted: 18 Sep 2017
London School of Economics & Political Science (LSE), Harvard Business School, University of Texas at Dallas, London School of Economics & Political Science (LSE) and Harvard Business School
Downloads 0 (459,956)

Abstract:

Tracked trades, Return predictability, Institutional trading, Insider trading

20.

Buying the Verdict

Number of pages: 42 Posted: 29 Jun 2017 Last Revised: 21 Sep 2017
Lauren Cohen and Umit G. Gurun
Harvard Business School and University of Texas at Dallas
Downloads 0 (515,888)

Abstract:

Litigation, Advertising, Verdict, Jury Influence, Corporate Response

21.

Earnings and the Value of Voting Rights

Number of pages: 47 Posted: 11 Jun 2016 Last Revised: 20 Mar 2017
Umit G. Gurun and Oğuzhan Karakaş
University of Texas at Dallas and Cambridge Judge Business School - Department of Finance & Accounting
Downloads 0 (99,180)

Abstract:

Voting premium, Control Rights, Earnings Announcements, Corporate Governance

22.

Shielded Innovation

Number of pages: 39 Posted: 07 Apr 2016
Lauren Cohen, Umit G. Gurun and Scott Duke Kominers
Harvard Business School, University of Texas at Dallas and Harvard University
Downloads 0 (244,384)

Abstract:

Patent Trolls, NPEs, PAEs, Innovation, Patents

23.

Investment in a Smaller World: The Implications of Air Travel for Investors and Firms

Number of pages: 43 Posted: 15 Mar 2016 Last Revised: 12 Feb 2017
Zhi Da, Umit G. Gurun, Bin Li and Mitch Warachka
University of Notre Dame - Mendoza College of Business, University of Texas at Dallas, University of Texas at Dallas - Naveen Jindal School of Management and University of San Diego
Downloads 0 (275,704)

Abstract:

Air Travel, Local Bias, Diversification, Cost of Equity

24.

Empirical Evidence on the Behavior and Impact of Patent Trolls: A Survey

Number of pages: 29 Posted: 27 Dec 2015
Lauren Cohen, Umit G. Gurun and Scott Duke Kominers
Harvard Business School, University of Texas at Dallas and Harvard University
Downloads 0 (119,489)

Abstract:

Patent trolls, NPEs, PAEs, Innovation, Patents

25.

Shuffling Through the Bargain Bin: Real Estate Holdings of Public Firms

Number of pages: 53 Posted: 23 Dec 2015 Last Revised: 20 Sep 2017
Irem Demirci, Umit G. Gurun and Erkan Yönder
University of Mannheim, University of Texas at Dallas and Ozyegin University
Downloads 0 (337,302)

Abstract:

Bank loan, collateral discount, real estate transactions, foreign demand

26.

Benefits of Publicity

Number of pages: 43 Posted: 22 Dec 2015 Last Revised: 17 Nov 2016
Umit G. Gurun
University of Texas at Dallas
Downloads 0 (328,357)

Abstract:

Media, Press Release, Investor relations, Corporate board composition

27.

Do Funds Follow Post-Earnings Announcement Drift?

Journal of Derivatives & Hedge Funds (2012) 18, 236–253. doi:10.1057/jdhf.2012.11,
Posted: 09 Apr 2010 Last Revised: 29 Jul 2012
Ali Coskun and Umit G. Gurun
Bogazici University - Department of Management and University of Texas at Dallas

Abstract:

Post Earnings Announcement Drift, Arbitrage Risk

28.

Anticipatory and Implementation Effects of FIN 46 on the Behavior of Different Market Participants

Asia-Pacific Journal of Accounting and Economics, Vol. 19, No. 1, 2012
Posted: 18 Jun 2008 Last Revised: 10 Apr 2017
Umit G. Gurun, Alina Lerman and Joshua Ronen
University of Texas at Dallas, Yale School of Management and New York University (NYU) - Department of Accounting

Abstract:

Consolidation, FIN 46, FIN 46R, SFAS 167, Variable Interest Entity, Information Risk