Erasmo Giambona

Syracuse University - Whitman School of Management - Finance Department; James D. Kuhn Center for Real Estate

Associate Professor of Finance

721 University Avenue

RM 120-D

Syracuse, NY 13244-2450

United States

SCHOLARLY PAPERS

25

DOWNLOADS
Rank 2,589

SSRN RANKINGS

Top 2,589

in Total Papers Downloads

11,586

CITATIONS
Rank 4,866

SSRN RANKINGS

Top 4,866

in Total Papers Citations

108

Scholarly Papers (25)

Liquidity Management and Corporate Investment During a Financial Crisis

Number of pages: 48 Posted: 07 Aug 2009 Last Revised: 21 Nov 2010
Cornell University, Syracuse University - Whitman School of Management - Finance Department; James D. Kuhn Center for Real Estate, Duke University and Duke University - Fuqua School of Business
Downloads 1,982 (5,706)
Citation 66

Abstract:

Loading...

Financial crisis, liquidity management, investment spending, credit lines, drawdown activity, cash savings

Liquidity Management and Corporate Investment During a Financial Crisis

NBER Working Paper No. w16309
Number of pages: 45 Posted: 30 Aug 2010
Cornell University, Syracuse University - Whitman School of Management - Finance Department; James D. Kuhn Center for Real Estate, Duke University and Duke University - Fuqua School of Business
Downloads 83 (259,768)
Citation 66

Abstract:

Loading...

2.

Managing Risk Management

AFA 2012 Chicago Meetings Paper
Number of pages: 57 Posted: 18 Mar 2011 Last Revised: 20 Dec 2013
Johns Hopkins University - Paul H. Nitze School of Advanced International Studies (SAIS), Syracuse University - Whitman School of Management - Finance Department; James D. Kuhn Center for Real Estate, Duke University, Duke University - Fuqua School of Business and University of Pennsylvania - Finance Department
Downloads 1,720 (4,606)
Citation 2

Abstract:

Loading...

Corporate risk management, Global survey

3.

Real Assets and Capital Structure

Number of pages: 51 Posted: 02 Mar 2010 Last Revised: 10 Sep 2013
Murillo Campello and Erasmo Giambona
Cornell University and Syracuse University - Whitman School of Management - Finance Department; James D. Kuhn Center for Real Estate
Downloads 871 (19,679)
Citation 10

Abstract:

Loading...

Asset tangibility, capital structure, credit frictions, instrumental variables, asset demand

4.

A View Inside Corporate Risk Management

Duke I&E Research Paper No. 16-6
Number of pages: 34 Posted: 20 May 2014 Last Revised: 16 Nov 2016
Johns Hopkins University - Paul H. Nitze School of Advanced International Studies (SAIS), Syracuse University - Whitman School of Management - Finance Department; James D. Kuhn Center for Real Estate, Duke University and Duke University - Fuqua School of Business
Downloads 661 (8,230)

Abstract:

Loading...

Risk Management, Hedging, Managerial Risk Aversion, Behavioral Finance, Manager fixed-effects, Interest rate risk, Credit risk, Commodity risk, Foreign exchange risk

5.

Access to Liquidity and Corporate Investment in Europe During the Financial Crisis

Number of pages: 38 Posted: 25 Nov 2010 Last Revised: 23 Aug 2011
Cornell University, Syracuse University - Whitman School of Management - Finance Department; James D. Kuhn Center for Real Estate, Duke University and Duke University - Fuqua School of Business
Downloads 396 (53,892)
Citation 7

Abstract:

Loading...

Financial Crisis, Investment Spending, Lines of Credit

Explaining the Variation in Reit Capital Structure: The Role of Asset Liquidation Value

Number of pages: 36 Posted: 23 Aug 2006
Erasmo Giambona, John P. Harding and C. F. Sirmans
Syracuse University - Whitman School of Management - Finance Department; James D. Kuhn Center for Real Estate, University of Connecticut - School of Business - Center for Real Estate and Urban Economic Studies and Florida State University - Department of Risk Management, Insurance, Real Estate & Business Law
Downloads 361 (68,449)
Citation 11

Abstract:

Loading...

Asset Liquidation Value Hypothesis, Capital Structure, Debt Maturity, Leverage, Lease Structure, REITs

Explaining the Variation in Reit Capital Structure: The Role of Asset Liquidation Value

Real Estate Economics, Vol. 36, No. 1, pp. 111-137, Spring 2008
Number of pages: 27 Posted: 02 Feb 2008
Erasmo Giambona, John P. Harding and C. F. Sirmans
Syracuse University - Whitman School of Management - Finance Department; James D. Kuhn Center for Real Estate, University of Connecticut - School of Business - Center for Real Estate and Urban Economic Studies and Florida State University - Department of Risk Management, Insurance, Real Estate & Business Law
Downloads 26 (436,929)
Citation 11
  • Add to Cart

Abstract:

Loading...

7.

A Guide to Corporate Risk Management

Number of pages: 35 Posted: 13 Aug 2014
Johns Hopkins University - Paul H. Nitze School of Advanced International Studies (SAIS), Syracuse University - Whitman School of Management - Finance Department; James D. Kuhn Center for Real Estate, Duke University and Duke University - Fuqua School of Business
Downloads 384 (28,116)

Abstract:

Loading...

Risk Management, Hedging, Managerial Risk Aversion, Behavioral Finance, Manager fixed-effects, Interest rate risk, Credit risk, Commodity risk, Foreign exchange risk.

8.

Real Assets and the Limits of Debt Capacity: Theory and Evidence

Number of pages: 42 Posted: 13 Apr 2012 Last Revised: 25 Feb 2016
Erasmo Giambona, Antonio S. Mello and Timothy J. Riddiough
Syracuse University - Whitman School of Management - Finance Department; James D. Kuhn Center for Real Estate, University of Wisconsin - Madison - Department of Finance, Investment and Banking and University of Wisconsin - School of Business - Department of Real Estate and Urban Land Economics
Downloads 319 (63,278)

Abstract:

Loading...

Real Assets, Collateral, Limits of Debt Capacity, Fannie Mae-Freddie Mac, Apartment, Russian Crisis

9.

Incentive Fees and Mutual Fund Volatility Timing

Number of pages: 46 Posted: 13 Oct 2005 Last Revised: 05 Aug 2008
Erasmo Giambona and Joseph H. Golec
Syracuse University - Whitman School of Management - Finance Department; James D. Kuhn Center for Real Estate and University of Connecticut - Department of Finance
Downloads 292 (85,022)

Abstract:

Loading...

mutual fund, volatility timing, incentive fee

10.

The Post-Merger Underperformance Anomaly: Evidence from REITs

Number of pages: 21 Posted: 17 Jul 2006
Erasmo Giambona, Robert D. Campbell and C. F. Sirmans
Syracuse University - Whitman School of Management - Finance Department; James D. Kuhn Center for Real Estate, Hofstra University and Florida State University - Department of Risk Management, Insurance, Real Estate & Business Law
Downloads 279 (87,639)

Abstract:

Loading...

Real Estate Investment Trusts (REITs), Mergers, Buy-and-Hold Abnormal Returns (BHARs), Post-Merger Performance

11.

Debt Structure and Growth Prospects: Evidence from the Introduction of Biosimilar Drugs

Number of pages: 52 Posted: 16 Oct 2012 Last Revised: 22 Mar 2016
Syracuse University - Whitman School of Management - Finance Department; James D. Kuhn Center for Real Estate, University of Connecticut - Department of Finance and SKEMA Business School
Downloads 171 (115,635)

Abstract:

Loading...

Growth prospects, growth opportunities, unsecured debt, short-term debt, debt maturity, convertible debt, leverage, debt composition, debt structure.

12.

Strategic Trading in the Wrong Direction By a Large Institutional Insider

Number of pages: 60 Posted: 14 Jun 2006 Last Revised: 01 Sep 2009
Joseph H. Golec and Erasmo Giambona
University of Connecticut - Department of Finance and Syracuse University - Whitman School of Management - Finance Department; James D. Kuhn Center for Real Estate
Downloads 123 (187,002)

Abstract:

Loading...

Strategic Trading, Manipulation, Institutional Investor, Insider

13.

The Role of Managerial Stock Option Programs in Governance: Evidence from REIT Stock Repurchases

Number of pages: 36 Posted: 30 Jul 2007
Syracuse University - Whitman School of Management - Finance Department; James D. Kuhn Center for Real Estate, University of Connecticut - Department of Finance, University of Connecticut - School of Business - Center for Real Estate and Urban Economic Studies, University of Toledo and Florida State University - Department of Risk Management, Insurance, Real Estate & Business Law
Downloads 115 (162,838)
Citation 1

Abstract:

Loading...

REIT Repurchases, Governance

14.

Real Assets and Capital Structure

NBER Working Paper No. w18147
Number of pages: 51 Posted: 16 Jun 2012 Last Revised: 26 Jun 2012
Murillo Campello and Erasmo Giambona
Cornell University and Syracuse University - Whitman School of Management - Finance Department; James D. Kuhn Center for Real Estate
Downloads 19 (424,792)
Citation 9

Abstract:

Loading...

15.

The Role of Managerial Stock Option Programs in Governance: Evidence from REIT Stock Repurchases

Real Estate Economics, Vol. 38, Issue 1, pp. 31-55, Spring 2010
Number of pages: 25 Posted: 22 Feb 2010
University of Connecticut - Department of Finance, Syracuse University - Whitman School of Management - Finance Department; James D. Kuhn Center for Real Estate, University of Connecticut - School of Business - Center for Real Estate and Urban Economic Studies, University of Toledo and Florida State University - Department of Risk Management, Insurance, Real Estate & Business Law
Downloads 2 (548,742)
Citation 1
  • Add to Cart

Abstract:

Loading...

16.

Derivatives Supply and Corporate Hedging: Evidence from the Safe Harbor Reform of 2005

Number of pages: 66 Posted: 01 Nov 2017
Erasmo Giambona and Ye Wang
Syracuse University - Whitman School of Management - Finance Department; James D. Kuhn Center for Real Estate and Shanghai University of Finance and Economics
Downloads 0 (450,308)

Abstract:

Loading...

supply-side frictions, safe harbor reform, fuel hedging, airlines, firm value, executive compensation

17.

Stiffing the Creditor: The Effect of Asset Verifiability on Bankruptcy

Number of pages: 75 Posted: 07 Feb 2017 Last Revised: 19 Jul 2017
Syracuse University - Whitman School of Management - Finance Department; James D. Kuhn Center for Real Estate, SKEMA Business School and University of Amsterdam - Finance Group
Downloads 0 (181,419)

Abstract:

Loading...

Asset Verifiability, Bankruptcy, Chapter 11, Distress, Coordination, Creditor Protection

18.

The Management of Political Risk

Duke I&E Research Paper No. 2016-32
Number of pages: 21 Posted: 29 Jun 2016 Last Revised: 12 Jul 2016
Erasmo Giambona, John R. Graham and Campbell R. Harvey
Syracuse University - Whitman School of Management - Finance Department; James D. Kuhn Center for Real Estate, Duke University and Duke University - Fuqua School of Business
Downloads 0 (50,054)

Abstract:

Loading...

Political risk, Risk management, Hedging, Real options, Cost of capital, Derivatives, Investment, Foreign direct investment, Risk aversion, Behavioral theory, Agency theory, Economic growth, FDI, ISDA, GARP

19.

Hedge Fund Activism and Long-Term Firm Value

Number of pages: 54 Posted: 24 Nov 2015 Last Revised: 14 Dec 2015
Martijn Cremers, Erasmo Giambona, Simone M. Sepe and Ye Wang
University of Notre Dame, Syracuse University - Whitman School of Management - Finance Department; James D. Kuhn Center for Real Estate, University of Arizona - James E. Rogers College of Law and Shanghai University of Finance and Economics
Downloads 0 (18,827)
Citation 1

Abstract:

Loading...

Hedge fund activism, corporate governance, long-term firm value, selection effect, matched sample, limited commitment, stakeholder relationships

Debt Capacity of Real Estate Collateral

Real Estate Economics, Vol. 42, Issue 3, pp. 578-605, 2014
Number of pages: 28 Posted: 28 Aug 2014
Erasmo Giambona, Joseph H. Golec and Armin Schwienbacher
Syracuse University - Whitman School of Management - Finance Department; James D. Kuhn Center for Real Estate, University of Connecticut - Department of Finance and SKEMA Business School
Downloads 0
  • Add to Cart

Abstract:

Loading...

Debt Capacity of Real Estate Collateral

Real Estate Economics, Forthcoming
Posted: 07 Feb 2013
Erasmo Giambona, Joseph H. Golec and Armin Schwienbacher
Syracuse University - Whitman School of Management - Finance Department; James D. Kuhn Center for Real Estate, University of Connecticut - Department of Finance and SKEMA Business School

Abstract:

Loading...

land & building, machinery & equipment, leverage, credit constraints

21.

Property Segment and REIT Capital Structure

Journal of Real Estate Finance and Economics, Vol. 43, No. 4, 2011
Posted: 08 Oct 2011
Mine Ertugrul and Erasmo Giambona
University of Connecticut - School of Business and Syracuse University - Whitman School of Management - Finance Department; James D. Kuhn Center for Real Estate

Abstract:

Loading...

Property segment, REIT competition, Capital structure

22.

How Entrenchment, Incentives and Governance Influence REIT Capital Structure

Journal of Real Estate Finance and Economics, Vol. 43, No. 1, 2011
Posted: 01 Apr 2011
University of Connecticut - Department of Finance, Syracuse University - Whitman School of Management - Finance Department; James D. Kuhn Center for Real Estate, University of Connecticut - School of Business - Center for Real Estate and Urban Economic Studies and Florida State University - Department of Risk Management, Insurance, Real Estate & Business Law

Abstract:

Loading...

Entrenchment, Managerial Incentives, Corporate Governance, Capital Structure, REIT

23.

The Long-Horizon Performance of REIT Mergers

Journal of Real Estate Finance and Economics, Vol. 38, No. 2, 2009
Posted: 20 Oct 2008
Robert D. Campbell, Erasmo Giambona and C. F. Sirmans
Hofstra University, Syracuse University - Whitman School of Management - Finance Department; James D. Kuhn Center for Real Estate and Florida State University - Department of Risk Management, Insurance, Real Estate & Business Law

Abstract:

Loading...

real estate investment trusts, REITs, EREITs, mergers, buy-and-hold abnormal returns, BHARs, post-merger performance

24.

The Long-Run Performance of REIT Stock Repurchases

Real Estate Economics, Vol. 33, No. 2, 2005
Posted: 13 Jul 2006
Erasmo Giambona, Carmelo Giaccotto and C. F. Sirmans
Syracuse University - Whitman School of Management - Finance Department; James D. Kuhn Center for Real Estate, University of Connecticut - Department of Finance and Florida State University - Department of Risk Management, Insurance, Real Estate & Business Law

Abstract:

Loading...

Real Estate Investment Trusts (REITs), Stock Repurchases, Undervaluation Hypothesis, Autocorrelation Bias

25.

The Conditional Performance of REIT Stock Repurchases

Journal of Real Estate Finance and Economics, Vol. 32, No. 2, 2006
Posted: 09 Sep 2005
Joseph H. Golec, Erasmo Giambona and Carmelo Giaccotto
University of Connecticut - Department of Finance, Syracuse University - Whitman School of Management - Finance Department; James D. Kuhn Center for Real Estate and University of Connecticut - Department of Finance

Abstract:

Loading...

REITs, Conditional Performance, Noisy Rational Expectations, Stock Repurchases