Ilona Babenko

Arizona State University

Associate Professor

Department of Finance

W.P. Carey School of Business

Tempe, AZ 85287

United States

SCHOLARLY PAPERS

15

DOWNLOADS
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5,887

CITATIONS
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SSRN RANKINGS

Top 12,667

in Total Papers Citations

31

Scholarly Papers (15)

1.

The Credibility of Open Market Share Repurchase Signaling

2012, Journal of Financial and Quantitative Analysis, 47 (5), 1059-1088.
Number of pages: 63 Posted: 27 Mar 2006 Last Revised: 03 May 2013
Arizona State University, Arizona State University (ASU) and Simon Fraser University - Beedie School of Business
Downloads 620 (26,867)
Citation 6

Abstract:

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Payout Policy, Open Market Share Repurchases, Insider Trading, Managerial Stock Ownership, Signaling

2.

Clawback Provisions

Number of pages: 60 Posted: 19 Mar 2012 Last Revised: 16 Jul 2017
Arizona State University, Ohio State University (OSU) - Department of Finance, Texas Christian University and David Eccles School of Business, University of Utah
Downloads 539 (18,739)
Citation 1

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clawback, recoupment, recover, executive compensation, employee pay, accounting restatement, fraud, corporate governance

3.

Market Timing with Cay

Journal of Portfolio Management, Forthcoming
Number of pages: 28 Posted: 14 Jun 2005
University of Miami - Department of Finance, Arizona State University and Arizona State University (ASU)
Downloads 336 (70,840)
Citation 2

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Market Timing, Investments, CAY

4.

Do Non-Executive Employees Have Information? Evidence from Employee Stock Purchase Plans

AFA 2011 Denver Meetings Paper, Forthcoming in Management Science
Number of pages: 50 Posted: 19 Mar 2010 Last Revised: 23 Apr 2015
Ilona Babenko and Rik Sen
Arizona State University and University of New South Wales (UNSW)
Downloads 334 (51,671)
Citation 2

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employee stock purchase plans, insider trading, return predictability

5.

Employee Stock Options and Investment

UBC Winter Finance 2008 , AFA 2009, EFA 2008, Journal of Finance, Vol. 66, 2011
Number of pages: 55 Posted: 06 Mar 2008 Last Revised: 23 Apr 2015
Arizona State University, University of Utah - Department of Finance and Arizona State University (ASU)
Downloads 334 (63,409)
Citation 8

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financial constraints, stock options, investment

6.

Idiosyncratic Cash Flows and Systematic Risk

Western Finance Association 2013, Forthcoming in the Journal of Finance
Number of pages: 52 Posted: 02 Sep 2012 Last Revised: 23 Apr 2015
Ilona Babenko, Oliver Boguth and Yuri Tserlukevich
Arizona State University, Arizona State University (ASU) - Finance Department and Arizona State University (ASU)
Downloads 326 (48,444)

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7.

Share Repurchases and Pay-Performance Sensitivity of Employee Compensation Contracts

Journal of Finance, Vol. 64, pp. 117-151, 2009
Number of pages: 53 Posted: 08 Dec 2008
Ilona Babenko
Arizona State University
Downloads 298 (73,275)
Citation 8

Abstract:

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pay-performance sensitivity, share repurchases, stock options

8.

Analyzing the Tax Benefits from Employee Stock Options

Journal of Finance, Forthcoming, EFA 2008 Athens Meetings Paper
Number of pages: 57 Posted: 03 Mar 2008 Last Revised: 03 Jan 2009
Ilona Babenko and Yuri Tserlukevich
Arizona State University and Arizona State University (ASU)
Downloads 224 (101,308)
Citation 4

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stock options, capital structure, tax

Information Acquisition and Corporate Debt Illiquidity

Number of pages: 60 Posted: 19 Feb 2015 Last Revised: 11 May 2017
Ilona Babenko and Lei Mao
Arizona State University and University of Warwick - Finance Group
Downloads 108 (217,181)

Abstract:

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security design, moral hazard, debt liquidity, information acquisition

Information Acquisition and Corporate Debt Illiquidity

2016 American Economic Association Meeting
Number of pages: 60 Posted: 01 Nov 2014 Last Revised: 11 May 2017
Ilona Babenko and Lei Mao
Arizona State University and University of Warwick - Finance Group
Downloads 91 (244,798)

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Security design, information acquisition, corporate governance, securitization

10.

Embracing Risk: Hedging Policy for Firms with Real Options

Number of pages: 49 Posted: 16 Mar 2011 Last Revised: 23 Jul 2017
Ilona Babenko and Yuri Tserlukevich
Arizona State University and Arizona State University (ASU)
Downloads 186 (110,218)

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real and financial hedging, risk management, investment options, competition

11.

Money Left on the Table: An Analysis of Participation in Employee Stock Purchase Plans

Review of Financial Studies, Vol. 27, pp. 3658-3698, 2014
Number of pages: 61 Posted: 23 Oct 2012 Last Revised: 23 Apr 2015
Ilona Babenko and Rik Sen
Arizona State University and University of New South Wales (UNSW)
Downloads 171 (89,631)

Abstract:

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household investment choices, portfolio choice, equity market participation, behavioral economics

12.

Why Firms Issue Stock to Their Own Employees?

Number of pages: 50 Posted: 08 Dec 2008 Last Revised: 18 Mar 2012
Ilona Babenko
Arizona State University
Downloads 143 (159,165)

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stock options, signaling, adverse selection, asymmetric information

13.

Do CEOs Affect Employees' Political Choices

BAFFI CAREFIN Centre Research Paper No. 2017-50
Number of pages: 71 Posted: 18 Apr 2017
Ilona Babenko, Viktar Fedaseyeu and Song Zhang
Arizona State University, Bocconi University - Department of Finance and Boston College - Department of Finance
Downloads 0 (50,006)

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campaign contribution, elections, voting, CEOs, political activism, PACs, political candidates, voter turnout

14.

Will I Get Paid? Employee Stock Options and Mergers and Acquisitions

European Corporate Governance Institute (ECGI) - Finance Working Paper No. 486/2016
Number of pages: 66 Posted: 19 Mar 2016 Last Revised: 11 Oct 2017
Ilona Babenko, Fangfang Du and Yuri Tserlukevich
Arizona State University, Arizona State University (ASU) - W.P. Carey School of Business and Arizona State University (ASU)
Downloads 0 (85,267)

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Mergers and acquisitions, labor contracts, employee stock options, takeover premium, target selection, takeover defenses

15.

Is Market Timing Good for Shareholders?

Western Finance Association 2015, European Finance Association 2015, Finance Down Under 2015
Number of pages: 60 Posted: 08 Aug 2012 Last Revised: 05 May 2016
Ilona Babenko, Yuri Tserlukevich and Pengcheng Wan
Arizona State University, Arizona State University (ASU) and Arizona State University (ASU) - Finance Department
Downloads 0

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equity market timing, signaling, SEO, share repurchase

Other Papers (2)

Total Downloads: 1,071    Citations: 1
1.

Optimal Capital Structure of the Firm in the Presence of Costs of Financial Distress

EFA 2004 Maastricht Meetings Paper No. 5179
Number of pages: 45 Posted: 01 Jul 2004
Ilona Babenko
Arizona State University
Downloads 749
Citation 1

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2.

Agency Implications of Equity Market Timing

AFA 2013 San Diego Meetings Paper
Number of pages: 52 Posted: 20 Mar 2012 Last Revised: 27 Apr 2015
Yuri Tserlukevich, Ilona Babenko and Pengcheng Wan
Arizona State University (ASU), Arizona State University and Arizona State University (ASU) - Finance Department
Downloads 0

Abstract:

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agency, market timing, repurchase