Ilona Babenko

Arizona State University

Associate Professor

Department of Finance

W.P. Carey School of Business

Tempe, AZ 85287

United States

  • Arizona State University

SCHOLARLY PAPERS

19

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21

CROSSREF CITATIONS

87

Scholarly Papers (19)

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1.

Clawback Provisions

Number of pages: 60 Posted: 19 Mar 2012 Last Revised: 16 Jul 2017
Ilona Babenko, Benjamin Bennett, John M. Bizjak and Jeffrey L. Coles
Arizona State University, Tulane University - A.B. Freeman School of Business, Texas Christian University and University of Utah - Department of Finance
Downloads 1,451 (12,664)
Citation 12

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

2.

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
Ilona Babenko, Yuri Tserlukevich and Alexander Vedrashko
Arizona State University, Arizona State University (ASU) and Simon Fraser University - Beedie School of Business
Downloads 821 (29,672)
Citation 3

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

3.

Do CEOs Affect Employees' Political Choices

BAFFI CAREFIN Centre Research Paper No. 2017-50, Forthcoming in Review of Financial Studies
Number of pages: 70 Posted: 18 Apr 2017 Last Revised: 03 May 2019
Ilona Babenko, Viktar Fedaseyeu and Song Zhang
Arizona State University, China Europe International Business School (CEIBS) and Boston College - Department of Finance
Downloads 684 (38,069)
Citation 3

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

4.

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 545 (51,305)
Citation 2

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

5.

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 542 (51,640)
Citation 4

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6.

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: 59 Posted: 19 Mar 2016 Last Revised: 05 Jul 2019
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 534 (52,675)
Citation 3

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

7.

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 505 (56,543)
Citation 9

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employee stock purchase plans, insider trading, return predictability

8.

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
Ilona Babenko, Michael L. Lemmon and Yuri Tserlukevich
Arizona State University, University of Utah - Department of Finance and Arizona State University (ASU)
Downloads 428 (69,270)
Citation 7

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financial constraints, stock options, investment

9.

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 384 (78,739)
Citation 4

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pay-performance sensitivity, share repurchases, stock options

10.

Market Timing with Cay

Journal of Portfolio Management, Forthcoming
Number of pages: 28 Posted: 14 Jun 2005
Sandro C. Andrade, Ilona Babenko and Yuri Tserlukevich
University of Miami - Department of Finance, Arizona State University and Arizona State University (ASU)
Downloads 363 (84,073)

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Market Timing, Investments, CAY

11.

Embracing Risk: Hedging Policy for Firms with Real Options

Number of pages: 59 Posted: 16 Mar 2011 Last Revised: 11 Aug 2019
Ilona Babenko and Yuri Tserlukevich
Arizona State University and Arizona State University (ASU)
Downloads 291 (107,501)

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hedging, risk management, investment options, financing constraints, investment

12.

Is Market Timing Good for Shareholders?

Western Finance Association 2015, European Finance Association 2015, Finance Down Under 2015
Number of pages: 41 Posted: 08 Aug 2012 Last Revised: 15 Dec 2017
Ilona Babenko, Yuri Tserlukevich and Pengcheng Wan
Arizona State University, Arizona State University (ASU) and Arizona State University (ASU) - Finance Department
Downloads 282

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equity market timing, signaling, SEO, share repurchase

13.

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 265 (118,628)
Citation 1

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stock options, capital structure, tax

14.

Executives in Politics

BAFFI CAREFIN Centre Research Paper No. 2017-62, Finance Down Under 2019 Building on the Best from the Cellars of Finance
Number of pages: 54 Posted: 26 Nov 2017 Last Revised: 28 May 2019
Ilona Babenko, Viktar Fedaseyeu and Song Zhang
Arizona State University, China Europe International Business School (CEIBS) and Boston College - Department of Finance
Downloads 223 (141,171)

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businessman politicians, executives, regulation, corporate political connections

15.

Management (of) Proposals

Number of pages: 58 Posted: 20 Apr 2018 Last Revised: 22 Dec 2019
Ilona Babenko, Goeun Choi and Rik Sen
Arizona State University, Arizona State University (ASU) - Finance Department and University of New South Wales (UNSW)
Downloads 202 (155,000)
Citation 1

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Corporate Voting, Management Proposals, Shareholder Proposals, Manipulation

16.

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 164 (186,768)

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stock options, signaling, adverse selection, asymmetric information

17.

Clawback Provisions and Firm Risk

Fisher College of Business Working Paper No. 2019-03-013, Charles A. Dice Center Working Paper No. 2019-13
Number of pages: 62 Posted: 03 May 2019
Ilona Babenko, Benjamin Bennett, John M. Bizjak, Jeffrey L. Coles and Jason Sandvik
Arizona State University, Tulane University - A.B. Freeman School of Business, Texas Christian University, University of Utah - Department of Finance and University of Utah
Downloads 127 (230,105)

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

18.

Information Acquisition and Corporate Debt Illiquidity

2016 American Economic Association Meeting
Number of pages: 53 Posted: 01 Nov 2014 Last Revised: 20 Mar 2018
Ilona Babenko and Lei Mao
Arizona State University and The Chinese University of Hong Kong, Shenzhen
Downloads 111 (254,066)

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Security design, information acquisition, corporate governance, securitization

19.

Dynamic Competition and Expected Returns

Number of pages: 56 Posted: 05 Dec 2019
Ilona Babenko, Oliver Boguth and Yuri Tserlukevich
Arizona State University, Arizona State University (ASU) - Finance Department and Arizona State University (ASU)
Downloads 20 (537,214)

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competition, investment, betas, priced risk, returns

Other Papers (2)

Total Downloads: 1,099
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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 804

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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 295

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agency, market timing, repurchase