Kenneth R. Ahern

University of Southern California - Marshall School of Business

Associate Professor of Finance and Business Economics

701 Exposition Blvd

Los Angeles, CA California 90089

United States

http://www-bcf.usc.edu/~kahern/

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue

Cambridge, MA 02138

United States

  • University of Southern California - Marshall School of Business

  • National Bureau of Economic Research (NBER)

SCHOLARLY PAPERS

17

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27,601

SSRN CITATIONS
Rank 2,796

SSRN RANKINGS

Top 2,796

in Total Papers Citations

350

CROSSREF CITATIONS

120

Scholarly Papers (17)

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1.

The Changing of the Boards: The Impact on Firm Valuation of Mandated Female Board Representation

Quarterly Journal of Economics, 2012, vol. 127(1): 137-197.
Number of pages: 66 Posted: 21 Mar 2009 Last Revised: 16 Jun 2012
Kenneth R. Ahern and Amy K. Dittmar
University of Southern California - Marshall School of Business and University of Michigan at Ann Arbor - The Stephen M. Ross School of Business
Downloads 9,493 (641)
Citation 103

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Board of directors, Natural experiment, Tobin's Q, Gender

2.

Network Centrality and the Cross Section of Stock Returns

Number of pages: 72 Posted: 07 Jan 2013 Last Revised: 17 Dec 2013
Kenneth R. Ahern
University of Southern California - Marshall School of Business
Downloads 2,972 (4,809)
Citation 48

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Systematic risk, intersectoral network, stock returns, diversification, input-output links

3.

Information Networks: Evidence from Illegal Insider Trading Tips

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 83 Posted: 18 Oct 2014 Last Revised: 30 Mar 2016
Kenneth R. Ahern
University of Southern California - Marshall School of Business
Downloads 2,449 (6,633)
Citation 35

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Illegal insider trading, information networks

4.

The Importance of Industry Links in Merger Waves

Journal of Finance, 2014, vol. 69(2): 527-576.
Number of pages: 159 Posted: 14 Dec 2009 Last Revised: 30 Mar 2016
Kenneth R. Ahern and Jarrad Harford
University of Southern California - Marshall School of Business and University of Washington
Downloads 2,436 (6,678)
Citation 40

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Mergers & Acquisitions, Product Markets, Networks

5.

Lost in Translation? The Effect of Cultural Values on Mergers Around the World

Journal of Financial Economics (JFE), Vol. 117, No. 1, 2015
Number of pages: 59 Posted: 01 Feb 2010 Last Revised: 02 Jul 2015
Kenneth R. Ahern, Daniele Daminelli and Cesare Fracassi
University of Southern California - Marshall School of Business, Politecnico di Milano - Department of Management, Economics and Industrial Engineering and University of Texas at Austin
Downloads 2,416 (6,786)
Citation 101

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Mergers & Acquisitions, Culture, Trust, Hierarchy, Individualism, Egalitarianism, International, Cross-border

6.

Who Writes the News? Corporate Press Releases During Merger Negotiations

Journal of Finance, Vol. 69, No. 1, 2014
Number of pages: 98 Posted: 16 Mar 2010 Last Revised: 29 Jan 2014
Kenneth R. Ahern and Denis Sosyura
University of Southern California - Marshall School of Business and Arizona State University
Downloads 1,607 (13,084)
Citation 52

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role of media in finance, media coverage, news, press releases, mergers, negotiation

7.

Rumor Has It: Sensationalism in Financial Media

Review of Financial Studies, 2015, vol. 28(7): 2050-2093
Number of pages: 140 Posted: 14 May 2013 Last Revised: 30 Mar 2016
Kenneth R. Ahern and Denis Sosyura
University of Southern California - Marshall School of Business and Arizona State University
Downloads 1,145 (22,039)
Citation 27

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Sensationalism, rumors, media, journalists, mergers, acquisitions

8.

Sample Selection and Event Study Estimation

Journal of Empirical Finance, Vol. 16, No. 3, June 2009
Number of pages: 41 Posted: 15 Mar 2007 Last Revised: 15 Jun 2012
Kenneth R. Ahern
University of Southern California - Marshall School of Business
Downloads 1,027 (25,839)
Citation 5

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Event studies, nonparametric test statistics, multifactor models, characteristic-based benchmark model

9.

M&As: The Good, the Bad, and the Ugly

Journal of Applied Finance, 2007, vol. 17(1): pp. 5-20.
Number of pages: 39 Posted: 16 Jun 2012
Kenneth R. Ahern and J. Fred Weston
University of Southern California - Marshall School of Business and University of California, Los Angeles (UCLA) - Finance Area
Downloads 724 (42,114)
Citation 1

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Mergers, neoclassical, behavioral

10.

Bargaining Power and Industry Dependence in Mergers

Journal of Financial Economics (JFE), Vol. 103, No. 3, 2012
Number of pages: 42 Posted: 08 Dec 2008 Last Revised: 16 Jun 2012
Kenneth R. Ahern
University of Southern California - Marshall School of Business
Downloads 691 (44,873)
Citation 35

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Mergers and acquisitions, bargaining power, product market relationships

11.

Peer Effects in Risk Aversion and Trust

Review of Financial Studies, 2014, vol. 27(11): 3213-3240.
Number of pages: 69 Posted: 16 Jun 2012 Last Revised: 30 Mar 2016
Kenneth R. Ahern, Ran Duchin and Tyler Shumway
University of Southern California - Marshall School of Business, Boston College - Carroll School of Management and University of Michigan at Ann Arbor, The Stephen M. Ross School of Business
Downloads 677 (46,134)
Citation 19

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Peer effects, risk aversion, trust

12.

The Importance of Psychology in Economic Activity: Evidence from Terrorist Attacks

Downloads 569 ( 57,678)
Citation 3

The Importance of Psychology in Economic Activity: Evidence from Terrorist Attacks

Number of pages: 58 Posted: 16 Jun 2012 Last Revised: 09 Feb 2018
Kenneth R. Ahern
University of Southern California - Marshall School of Business
Downloads 549 (59,734)
Citation 3

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Psychology, trust, culture, terrorist, terrorism, GDP, Madrid Train Bomb, London Metro

The Importance of Psychology in Economic Activity: Evidence from Terrorist Attacks

NBER Working Paper No. w24331
Number of pages: 58 Posted: 21 Feb 2018
Kenneth R. Ahern
University of Southern California - Marshall School of Business
Downloads 20 (634,752)

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13.

Q-Theory and Acquisition Returns

AFA 2008 New Orleans Meetings Paper
Number of pages: 46 Posted: 15 Mar 2007 Last Revised: 27 Apr 2010
Kenneth R. Ahern
University of Southern California - Marshall School of Business
Downloads 566 (58,051)
Citation 7

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Mergers and acquisitions, repeat acquirers, q−theory, agency, hubris

14.

Do Proxies for Informed Trading Measure Informed Trading? Evidence from Illegal Insider Trades

Downloads 434 ( 80,484)
Citation 1

Do Proxies for Informed Trading Measure Informed Trading? Evidence from Illegal Insider Trades

Number of pages: 65 Posted: 09 Feb 2018 Last Revised: 21 Apr 2018
Kenneth R. Ahern
University of Southern California - Marshall School of Business
Downloads 410 (85,266)
Citation 2

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Insider Trading, Asymmetric Information, Liquidity, Price Impact, Information Networks

Do Proxies for Informed Trading Measure Informed Trading? Evidence from Illegal Insider Trades

NBER Working Paper No. w24297
Number of pages: 61 Posted: 26 Nov 2018
Kenneth R. Ahern
University of Southern California - Marshall School of Business
Downloads 24 (605,736)

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15.

Do Common Stocks Have Perfect Substitutes? Product Market Competition and the Elasticity of Demand for Stocks

Review of Economics and Statistics, 2014, vol. 96(4): 756-766.
Number of pages: 36 Posted: 26 Apr 2010 Last Revised: 30 Mar 2016
Kenneth R. Ahern
University of Southern California - Marshall School of Business
Downloads 353 (102,210)
Citation 4

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Elasticity, Liquidity, Product Market Competition, Stock Prices

16.

The Conglomerate Network

Number of pages: 55 Posted: 19 Apr 2021 Last Revised: 07 May 2021
Kenneth R. Ahern, Lei Kong and Xinyan Yan
University of Southern California - Marshall School of Business, University of Alabama - Department of Economics, Finance and Legal Studies and University of Dayton
Downloads 33 (535,109)

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Conglomerates, Networks, Aggregate fluctuations, Industry comovement, Concentration

17.

The Business of City Hall

Number of pages: 66 Posted: 19 Apr 2021 Last Revised: 10 May 2021
Kenneth R. Ahern
University of Southern California - Marshall School of Business
Downloads 9 (693,271)

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Local public goods, city government, local taxes, population