Ambrus Kecskes

York University - Schulich School of Business

Associate Professor of Finance

4700 Keele Street

Toronto, Ontario M3J 1P3

Canada

  • York University - Schulich School of Business

SCHOLARLY PAPERS

16

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14,307

CITATIONS
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SSRN RANKINGS

Top 3,376

in Total Papers Citations

154

Scholarly Papers (16)

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1.

Do Long-Term Investors Improve Corporate Decision Making?

Downloads 2,927 ( 3,725)
Citation 27

Do Long-Term Investors Improve Corporate Decision Making?

Finance Down Under 2015 Building on the Best from the Cellars of Finance Paper, Asian Finance Association 2015 Conference Paper
Number of pages: 81 Posted: 05 Oct 2014 Last Revised: 27 Nov 2017
Jarrad Harford, Ambrus Kecskes and Sattar Mansi
University of Washington, York University - Schulich School of Business and Virginia Polytechnic Institute & State University
Downloads 1,955 (7,226)
Citation 21

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Agency problems; Monitoring; Managerial myopia; Investor horizons; Corporate governance; Managerial misbehavior; Investment; Innovation; Financing; Off balance sheet debt; Debt maturity; Payouts; Valuation; Profitability; Volatility; Credit events

Investor Horizons and Corporate Cash Holdings

Number of pages: 46 Posted: 06 Feb 2012 Last Revised: 05 Jul 2012
Jarrad Harford, Ambrus Kecskes and Sattar Mansi
University of Washington, York University - Schulich School of Business and Virginia Polytechnic Institute & State University
Downloads 972 (21,821)
Citation 10

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Investor horizons, Institutional investors, Ownership structure, Investor heterogeneity, Corporate governance, Monitoring, Cash holdings

2.

Do Earnings Estimates Add Value to Sell-Side Analysts' Investment Recommendations?

Management Science, Forthcoming
Number of pages: 48 Posted: 26 Sep 2009 Last Revised: 28 Jul 2016
Ambrus Kecskes, Roni Michaely and Kent L. Womack
York University - Schulich School of Business, University of Geneva - Geneva Finance Research Institute (GFRI) and University of Toronto - Rotman School of Management (Deceased)
Downloads 1,499 (11,434)
Citation 5

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Equity research analysts; Investment recommendations; Earnings estimates; Information; Valuation; Asset pricing; Trading strategy

3.

The Real Effects of Financial Shocks: Evidence from Exogenous Changes in Analyst Coverage

Downloads 1,417 ( 12,498)
Citation 59

The Real Effects of Financial Shocks: Evidence from Exogenous Changes in Analyst Coverage

Journal of Finance, Forthcoming
Number of pages: 50 Posted: 16 Dec 2010 Last Revised: 09 Mar 2013
François Derrien and Ambrus Kecskes
HEC Paris - Finance Department and York University - Schulich School of Business
Downloads 1,259 (14,744)
Citation 59

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Financial shocks, Information asymmetry, Real effects, Investment, Financing, Cash holdings, Natural experiment, Matching estimators, Difference-in-differences, Equity research analysts

The Real Effects of Analyst Coverage

Number of pages: 50 Posted: 31 May 2012
François Derrien and Ambrus Kecskes
HEC Paris - Finance Department and York University - Schulich School of Business
Downloads 158 (185,104)
Citation 2

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4.

Investor Horizons and Corporate Policies

Journal of Financial and Quantitative Analysis (JFQA), Forthcoming
Number of pages: 52 Posted: 21 Oct 2009 Last Revised: 09 Mar 2013
François Derrien, David Thesmar and Ambrus Kecskes
HEC Paris - Finance Department, Massachusetts Institute of Technology (MIT) - Economics, Finance, Accounting (EFA) and York University - Schulich School of Business
Downloads 1,342 (13,633)
Citation 15

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Investor horizons, Institutional investors, Investment, Financing, Payouts, Mispricing, Market timing

5.

Does Corporate Social Responsibility Create Shareholder Value? The Importance of Long-Term Investors

Number of pages: 66 Posted: 30 Apr 2013 Last Revised: 27 Nov 2017
Phuong-Anh Nguyen, Ambrus Kecskes and Sattar Mansi
York University - Schulich School of Business, York University - Schulich School of Business and Virginia Polytechnic Institute & State University
Downloads 1,119 (18,017)
Citation 6

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Agency problems; Corporate governance; Monitoring; Managerial myopia; Investor horizons; Shareholders; Stakeholders; Corporate social responsibility; Investment; Intangibles; Valuation; Profitability; Volatility; Return; Risk

6.

The Initial Public Offerings of Listed Firms

AFA 2006 Boston Meetings, Forthcoming, EFA 2005 Moscow Meetings, Journal of Finance, Vol. 62, No. 1, p.447-479, 2007
Number of pages: 54 Posted: 16 Feb 2005
François Derrien and Ambrus Kecskes
HEC Paris - Finance Department and York University - Schulich School of Business
Downloads 901 (24,865)
Citation 32

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7.

Information Asymmetry, the Cost of Debt, and Credit Events: Evidence from Quasi-Random Analyst Disappearances

Number of pages: 50 Posted: 12 Apr 2012 Last Revised: 04 May 2016
François Derrien, Ambrus Kecskes and Sattar Mansi
HEC Paris - Finance Department, York University - Schulich School of Business and Virginia Polytechnic Institute & State University
Downloads 816 (28,568)
Citation 8

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Information asymmetry; Cost of debt; Default; Bankruptcy; Natural experiment; Matching estimators; Difference-in-differences; Equity research analysts; Creditors

8.

Do Analysts' Preferences Affect Corporate Policies?

Swiss Finance Institute Research Paper No. 13-22, ECGI - Finance Working Paper No. 361
Number of pages: 53 Posted: 19 Apr 2013 Last Revised: 29 Oct 2013
Francois Degeorge, François Derrien, Ambrus Kecskes and Sebastien Michenaud
University of Lugano - Faculty of Economics, HEC Paris - Finance Department, York University - Schulich School of Business and Kellstadt Graduate School of Business
Downloads 753 (31,893)
Citation 2

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Equity research analysts, Preferences, Real effects, Investment, Financing, Payouts, Leverage, Cash holdings

9.

Adds and drops of coverage by equity research analysts

Number of pages: 42 Posted: 31 Jan 2007 Last Revised: 19 Dec 2008
Ambrus Kecskes and Kent L. Womack
York University - Schulich School of Business and University of Toronto - Rotman School of Management (Deceased)
Downloads 695 (35,568)
Citation 2

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10.

Are Short Sellers Informed? Evidence from the Bond Market

Accounting Review, Forthcoming
Number of pages: 48 Posted: 11 Jun 2012 Last Revised: 27 Sep 2012
Ambrus Kecskes, Sattar Mansi and Andrew (Jianzhong) Zhang
York University - Schulich School of Business, Virginia Polytechnic Institute & State University and University of Nevada, Las Vegas - Department of Finance
Downloads 618 (41,623)
Citation 8

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short interest, credit ratings, bond yield spreads, financial reporting

11.

Technology Spillovers, Asset Redeployability, and Corporate Financial Policies

Number of pages: 49 Posted: 08 Jan 2018 Last Revised: 30 May 2018
Phuong-Anh Nguyen and Ambrus Kecskes
York University - Schulich School of Business and York University - Schulich School of Business
Downloads 412
Citation 1

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Innovation; Technology spillovers; Research and development; Financial policies; Capital structure; Asset redeployability; Cost of debt

12.

How Much Does Investor Sentiment Really Matter for Equity Issuance Activity?

Downloads 409 ( 69,946)
Citation 6

How Much Does Investor Sentiment Really Matter for Equity Issuance Activity?

Number of pages: 37 Posted: 19 May 2006 Last Revised: 09 Mar 2013
François Derrien and Ambrus Kecskes
HEC Paris - Finance Department and York University - Schulich School of Business
Downloads 406 (69,967)

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Initial public offerings, hot issue markets, fundamentals, investor sentiment

How Much Does Investor Sentiment Really Matter for Equity Issuance Activity?

European Financial Management, Vol. 15, Issue 4, pp. 787-813, September 2009
Number of pages: 27 Posted: 08 Oct 2009
François Derrien and Ambrus Kecskes
affiliation not provided to SSRN and York University - Schulich School of Business
Downloads 3 (649,546)
Citation 6
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13.

Labor Force Demographics and Corporate Innovation

HEC Paris Research Paper No. FIN-2017-1243
Number of pages: 78 Posted: 29 Nov 2017 Last Revised: 25 Jun 2018
François Derrien, Ambrus Kecskes and Phuong-Anh Nguyen
HEC Paris - Finance Department, York University - Schulich School of Business and York University - Schulich School of Business
Downloads 397 (72,447)

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Innovation; Demographics; Labor markets; Inventors; Firm value

14.

Initial Public Offerings: The Origin of Investor Recognition?

Number of pages: 46 Posted: 07 Jun 2007 Last Revised: 24 Sep 2009
Ambrus Kecskes
York University - Schulich School of Business
Downloads 386 (74,887)
Citation 1

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Initial public offerings, information costs, investor recognition, value

15.

Do Technology Spillovers Affect the Corporate Information Environment?

Number of pages: 48 Posted: 10 Jan 2018 Last Revised: 30 May 2018
Phuong-Anh Nguyen and Ambrus Kecskes
York University - Schulich School of Business and York University - Schulich School of Business
Downloads 358 (81,709)
Citation 1

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Innovation; Technology spillovers; Research and development; Information asymmetry; Valuation; Earnings; Mispricing

16.

Are the Risk Attitudes of Professional Investors Affected by Personal Catastrophic Experiences?

Number of pages: 51 Posted: 24 Aug 2017 Last Revised: 07 Feb 2018
Gennaro (帅纳) Bernile, Vineet Bhagwat, Ambrus Kecskes and Phuong-Anh Nguyen
University of Miami - Department of Finance, George Washington University - Department of Finance, York University - Schulich School of Business and York University - Schulich School of Business
Downloads 258 (116,792)
Citation 3

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Mutual funds, Risk taking, Catastrophes, Natural disasters, Psychology, Behavioral