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

SCHOLARLY PAPERS

17

DOWNLOADS
Rank 1,188

SSRN RANKINGS

Top 1,188

in Total Papers Downloads

27,601

SSRN CITATIONS
Rank 2,796

SSRN RANKINGS

Top 2,796

in Total Papers Citations

350

CROSSREF CITATIONS

120

Scholarly Papers (17)

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

Abstract:

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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

Abstract:

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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

Abstract:

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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

Abstract:

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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

Abstract:

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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

Abstract:

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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

Abstract:

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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

Abstract:

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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

Abstract:

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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

Abstract:

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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

Abstract:

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Peer effects, risk aversion, trust

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

Abstract:

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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)

Abstract:

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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

Abstract:

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Mergers and acquisitions, repeat acquirers, q‚ąítheory, agency, hubris

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

Abstract:

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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)

Abstract:

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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

Abstract:

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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)

Abstract:

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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)

Abstract:

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Local public goods, city government, local taxes, population