Jeff Madura

Florida Atlantic University - College of Business

SunTrust Bank Professor of Finance

University Tower

220 SE 2 Avenue

Fort Lauderdale, FL 33301

United States

SCHOLARLY PAPERS

45

DOWNLOADS
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Top 25,557

in Total Papers Downloads

1,375

CITATIONS
Rank 20,962

SSRN RANKINGS

Top 20,962

in Total Papers Citations

14

Scholarly Papers (45)

1.

Global and Relative Over- and Underreactions in International Stock Market Indexes

Number of pages: 45 Posted: 27 Jun 2000
Oliver Schnusenberg and Jeff Madura
University of North Florida - Department of Accounting and Finance and Florida Atlantic University - College of Business
Downloads 481 (44,238)
Citation 4

Abstract:

2.

Information Leakage Prior to Company Issued Guidance

Financial Management, Vol. 40, No. 3, pp. 623-646, Fall 2011
Number of pages: 43 Posted: 19 Apr 2011 Last Revised: 20 Oct 2011
Anna Agapova and Jeff Madura
Florida Atlantic University and Florida Atlantic University - College of Business
Downloads 195 (104,738)
Citation 1

Abstract:

Information leakage, Management guidance

Special Dividend Distributions, Firm Characteristics, and Economic Conditions

Journal of Applied Finance, 2014 Forthcoming
Number of pages: 31 Posted: 11 Apr 2014
Kevin Brady, Inga Chira and Jeff Madura
Florida Atlantic University, California State University- Northridge and Florida Atlantic University - College of Business
Downloads 117 (190,241)

Abstract:

special dividend distributions, economic environment, share price response

Special Dividend Distributions, Firm Characteristics, and Economic Conditions

Journal of Applied Finance (Formerly Financial Practice and Education), Vol. 24, No. 1, 2014
Number of pages: 15 Posted: 31 Oct 2015
Kevin Brady, Inga Chira and Jeff Madura
Florida Atlantic University, California State University- Northridge and Florida Atlantic University - College of Business
Downloads 33 (379,701)

Abstract:

4.

Impact of the Galleon Case On Informed Trading Before Merger Announcements

Journal of Financial Research, Forthcoming
Number of pages: 41 Posted: 14 Jun 2013
Inga Chira and Jeff Madura
California State University- Northridge and Florida Atlantic University - College of Business
Downloads 119 (169,537)

Abstract:

Insider Trading, Galleon, Mergers

Does Regulation Fair Disclosure Reduce the Information Quality of Managerial Guidance?

The Financial Review, Forthcoming
Number of pages: 32 Posted: 17 Nov 2011
Anna Agapova, Jeff Madura and Zhanel Mailibayeva
Florida Atlantic University, Florida Atlantic University - College of Business and Florida Atlantic University - School of Accounting
Downloads 90 (229,154)

Abstract:

management guidance, Regulation Fair Disclosure, earnings announcements, information disclosure, information quality

Does Regulation Fair Disclosure Reduce the Information Quality of Managerial Guidance?

Financial Review, Vol. 47, Issue 2, pp. 273-297, 2012
Number of pages: 25 Posted: 21 Apr 2012
Anna Agapova, Jeff Madura and Zhanel Mailibayeva
Florida Atlantic University, Florida Atlantic University - College of Business and Florida Atlantic University - School of Accounting
Downloads 1 (549,838)

Abstract:

management guidance, Regulation Fair Disclosure, earnings announcements, information disclosure and information quality

Impact of the Galleon Case on Insider Trading Prior to Company Issued Guidance

Journal of Applied Finance, 2013, 23(2)
Number of pages: 33 Posted: 15 Dec 2013
Anna Agapova and Jeff Madura
Florida Atlantic University and Florida Atlantic University - College of Business
Downloads 63 (283,341)

Abstract:

Insider trading; Information leakage; Management guidance

Impact of the Galleon Case on Insider Trading Prior to Company Issued Guidance

Journal of Applied Finance (Formerly Financial Practice and Education), Vol. 23, No. 2, 2013
Number of pages: 16 Posted: 06 Nov 2015
Anna Agapova and Jeff Madura
Florida Atlantic University and Florida Atlantic University - College of Business
Downloads 21 (434,535)

Abstract:

7.

Bond Market Response to the Collapse of Prominent Investment Banks

Number of pages: 53 Posted: 10 Apr 2013
Si Li, Jeff Madura and Nivine Richie
Wilfrid Laurier University - School of Business & Economics, Florida Atlantic University - College of Business and University of North Carolina Wilmington
Downloads 61 (268,628)

Abstract:

bonds, event study, market efficiency, credit spreads

8.

Bank Exposure to Market Fear

Journal of Financial Stability, Forthcoming
Number of pages: 34 Posted: 11 Jul 2013
Inga Chira, Jeff Madura and Ariel M. Viale
California State University- Northridge, Florida Atlantic University - College of Business and Florida Atlantic University
Downloads 36 (324,199)

Abstract:

banks, implied market volatility, market fear

9.

Valuation and Performance of Reacquisitions Following Equity Carve-Outs

The Financial Review, Vol. 41, No. 2, pp. 229-246, May 2006
Number of pages: 18 Posted: 20 Nov 2006
University of Pittsburgh - Finance Group, Florida Atlantic University - College of Business and Florida Atlantic University - College of Business
Downloads 32 (370,728)
Citation 3

Abstract:

Reference Point Theory and Pursuit of Deals

Financial Review, Forthcoming
Number of pages: 34 Posted: 20 Apr 2015
Inga Chira and Jeff Madura
California State University- Northridge and Florida Atlantic University - College of Business
Downloads 29 (392,759)

Abstract:

Target Reference Point, Bidder Reference Point, Probability of Acquisition, MBOs, Hostile Mergers

Reference Point Theory and Pursuit of Deals

Financial Review, Vol. 50, Issue 3, pp. 275-300, 2015
Number of pages: 26 Posted: 17 Jul 2015
Inga Chira and Jeff Madura
California State University- Northridge and Florida Atlantic University - College of Business
Downloads 0

Abstract:

target reference point, bidder reference point, probability of acquisition, MBOs, hostile mergers

Price Movements, Information and Liquidity in the Night Trading Market

Financial Review, Vol. 41, No. 1, February 2006
Posted: 12 Dec 2005
Florida Atlantic University, Eastern Illinois University - School of Business, Loyola Marymount University - Department of Finance and Computer Information Systems and Florida Atlantic University - College of Business

Abstract:

Market efficiency, liquidity, night trading, night session, overreaction, extreme price movements, winners, losers

12.

Price Performance Following Share-Repurchase Announcements by Closed-End Funds

The Financial Review, Vol. 42, No. 4, pp. 537-555, November 2007
Number of pages: 19 Posted: 18 Nov 2007
Aigbe Akhigbe, Doseong Kim and Jeff Madura
University of Akron - Department of Finance, University of Akron - College of Business Administration and Florida Atlantic University - College of Business
Downloads 16 (445,995)
Citation 1

Abstract:

Industry Signals Relayed by Corporate Earnings Restatements

Financial Review, Vol. 43, No. 4, November 2008
Posted: 14 Sep 2008
Aigbe Akhigbe and Jeff Madura
University of Akron - Department of Finance and Florida Atlantic University - College of Business

Abstract:

earnings restatements, industry effects, contagion effects

14.

Determinants of the Method of Payment in Asset Sell-Off Transactions

Financial Review, Vol. 46, Issue 4, pp. 643-670, 2011
Number of pages: 28 Posted: 08 Oct 2011
Kien Cao and Jeff Madura
affiliation not provided to SSRN and Florida Atlantic University - College of Business
Downloads 2 (514,398)

Abstract:

asset selloffs, method of payment, country risk and corporate governance, G32, G34, G38

15.

Political Risk and Purchases of Privatized State-Owned Enterprises

Financial Review, Vol. 45, Issue 3, pp. 873-889, August 2010
Number of pages: 17 Posted: 13 Jul 2010
affiliation not provided to SSRN, University of Pittsburgh - Finance Group and Florida Atlantic University - College of Business
Downloads 2 (514,398)

Abstract:

The Pricing of IPOs Post-Sarbanes-Oxley

Financial Review, Vol. 44, Issue 2, pp. 291-310, May 2009
Number of pages: 20 Posted: 16 Jun 2009
Jarrod Johnston and Jeff Madura
Appalachian State University - Department of Finance and Florida Atlantic University - College of Business
Downloads 2 (540,319)
Citation 5

Abstract:

The Pricing of IPOs Post Sarbanes-Oxley

The Financial Review, Vol. 44, No. 2, May 2009
Posted: 20 Feb 2009
Jarrod Johnston and Jeff Madura
Appalachian State University - Department of Finance and Florida Atlantic University - College of Business

Abstract:

Initial public offering, IPO, Sarbanes-Oxley, price discovery, valuation, regulation

17.

Dividend Policy and Corporate Performance

Journal of Business Finance & Accounting, Vol. 23, Issue 9-10, pp. 1267-1287, 2008
Number of pages: 21 Posted: 02 Feb 2011
Aigbe Akhigbe and Jeff Madura
University of Akron - Department of Finance and Florida Atlantic University - College of Business
Downloads 1 (522,451)

Abstract:

dividend, initiation, omission, announcement, performance

18.

Impact of Regulatory Enforcement on Leakages Prior to Analyst Recommendations

Financial Review, Vol. 49, Issue 3, pp. 565-592, 2014
Number of pages: 28 Posted: 26 Jul 2014
Jeff Madura and Arjan Premti
Florida Atlantic University - College of Business and University of Wisconsin - Whitewater
Downloads 0 (532,463)

Abstract:

analyst recommendations, informed trading, insider trading, information leakage

19.

Bond Market Response to the Collapse of Prominent Investment Banks

Financial Review, Vol. 48, Issue 4, pp. 645-670, 2013
Number of pages: 26 Posted: 11 Oct 2013
Si Li, Jeff Madura and Nivine Richie
Wilfrid Laurier University - School of Business & Economics, Florida Atlantic University - College of Business and University of North Carolina Wilmington
Downloads 0 (532,463)

Abstract:

bonds, event study, market efficiency, credit spreads

20.

Why are Proposed Spinoffs Withdrawn?

Quarterly Review of Economics and Finance, Vol. 51, No. 1, 2011
Posted: 08 May 2012
Oneil Harris and Jeff Madura
East Carolina University - Department of Finance and Florida Atlantic University - College of Business

Abstract:

Spinoff withdrawals, Market timing

21.

Cause and Effects of Poison Pill Adoptions by Spinoff Units

Journal of Economics and Business, Vol. 62, No. 4, 2010
Posted: 08 May 2012
Oneil Harris and Jeff Madura
East Carolina University - Department of Finance and Florida Atlantic University - College of Business

Abstract:

Spinoffs, Poisonpills

The Impact of Mispricing and Asymmetric Information on the Price Discount of Private Placements of Common Stock

Financial Review, Vol. 47, Issue 4, pp. 665-696, 2012
Number of pages: 32 Posted: 15 Sep 2012
East Carolina University - Department of Finance, East Carolina University - Department of Finance, Florida Atlantic University - College of Business and University of Texas-Pan American
Downloads 0

Abstract:

private placements, mispricing, PIPE discounts

The Impact of Mispricing and Asymmetric Information on the Price Discount of Private Placements of Common Stock

Financial Review (Forthcoming)
Posted: 02 Apr 2012
East Carolina University - Department of Finance, East Carolina University - Department of Finance, Florida Atlantic University - College of Business and University of Texas-Pan American

Abstract:

Private placements, Mispricing, PIPE discounts

23.

Do Managers Make Takeover Financing Decisions that Circumvent More Effective Outside Blockholders?

Quarterly Review of Economics and Finance, Vol. 50, No. 2, 2010
Posted: 29 Mar 2012
Oneil Harris, Jeff Madura and Charmaine Glegg
East Carolina University - Department of Finance, Florida Atlantic University - College of Business and East Carolina University - Department of Finance

Abstract:

Takeover payment method, Agency conflict, Monitoring, Blockholders

24.

Short Interest in Exchange-Traded Funds

Financial Markets and Portfolio Management, Vol. 22, No. 4, pp. 381-402, 2008
Posted: 19 Jun 2010
Jeff Madura and Thanh Ngoc Do
Florida Atlantic University - College of Business and affiliation not provided to SSRN

Abstract:

Exchange-traded funds, Short sales, Short selling

25.

Motivation and Performance Following Open-Ending of Closed-End Funds

Journal of Investment Management, Vol. 3, No. 2, Second Quarter 2005
Posted: 29 Apr 2005
Aigbe Akhigbe, Jeff Madura and Alan L. Tucker
University of Akron - Department of Finance, Florida Atlantic University - College of Business and Pace University - Lubin School of Business

Abstract:

Closed-end funds, open-end funds, open

26.

Industry Effects of Analyst Stock Revisions

Journal of Financial Research, Forthcoming
Posted: 15 Apr 2005
Aigbe Akhigbe, Jeff Madura and Melinda L. Newman
University of Akron - Department of Finance, Florida Atlantic University - College of Business and University of Akron - Department of Finance

Abstract:

Analyst forecasts, contagion

27.

Partial Anticipation and the Gains to Bank Merger Targets

Journal of Financial Services Research, Vol. 26, No. 1, August 2004
Posted: 05 Aug 2004
Aigbe Akhigbe, Jeff Madura and Ann Marie Whyte
University of Akron - Department of Finance, Florida Atlantic University - College of Business and University of Central Florida

Abstract:

Bank acquisitions, partial anticipation, merger gains, probability of acquisition

28.

Profit Warnings and Timing

Financial Review, Vol. 38, No. 4, November 2003
Posted: 16 Sep 2003
Dave Jackson and Jeff Madura
University of Texas Pan American - Department of Finance and Florida Atlantic University - College of Business

Abstract:

29.

Market Signals Associated with REIT IPOs

Journal of Real Estate Finance and Economics, Vol. 28, No. 3
Posted: 06 Aug 2003
University of Akron - Department of Finance, Appalachian State University - Department of Finance, Florida Atlantic University - College of Business and Florida Atlantic University - Department of Finance & Real Estate

Abstract:

REITs, IPOs, performance signaling

30.

Sources of Hidden Value and Risk Within Tracking Stock

Financial Management, Vol. 31, No. 3, Autumn 2002
Posted: 10 Jul 2003
Joel T. Harper and Jeff Madura
University of Tulsa and Florida Atlantic University - College of Business

Abstract:

31.

Motivation and Performance of Seasoned Offerings by Closed-End Funds

Financial Review, August 2001
Posted: 27 Sep 2002
Aigbe Akhigbe and Jeff Madura
University of Akron - Department of Finance and Florida Atlantic University - College of Business

Abstract:

32.

What Drives Stock Price Behavior Following Extreme One-Day Returns

Forthcoming in Journal of Financial Research
Posted: 26 Apr 2002
Stephen J. Larson and Jeff Madura
Eastern Illinois University - School of Business and Florida Atlantic University - College of Business

Abstract:

33.

The Performance Persistence of Closed-End Funds

Financial Review, August 2000
Posted: 23 Feb 2001
Martina K. Bers and Jeff Madura
University of South Florida - College of Business and Florida Atlantic University - College of Business

Abstract:

34.

The Impact of the Financial Institutions Reform, Recovery, and Enforcement Act on the Risk of Savings Institutions

Financial Review, August 2000
Posted: 31 Aug 2000
Jeff Madura and Marilyn K. Wiley
Florida Atlantic University - College of Business and Florida Atlantic University - Finance & Real Estate

Abstract:

35.

REIT Characteristics and the Sensitivity of REIT Returns

Journal of Real Estate Finance and Economics, Vol. 21, Issue 2
Posted: 24 Aug 2000
Florida Atlantic University - Finance & Real Estate, Florida Atlantic University - College of Business and Florida Atlantic University - Department of Finance & Real Estate

Abstract:

Real estate investment trusts, return sensitivity

36.

Financing Decisions and Signaling by Partially Acquired Firms

Journal of Financial Research
Posted: 30 Mar 2000
Jeff Madura and Aigbe Akhigbe
Florida Atlantic University - College of Business and University of Akron - Department of Finance

Abstract:

37.

Do U.S. Stock Market Indexes Over- Or Under-React?

The Journal of Financial Research
Posted: 29 Feb 2000
Oliver Schnusenberg and Jeff Madura
University of North Florida - Department of Accounting and Finance and Florida Atlantic University - College of Business

Abstract:

38.

Effect of Federal Reserve Policies on Bank Equity Returns

The Journal of Financial Research
Posted: 26 Jan 2000
Jeff Madura and Oliver Schnusenberg
Florida Atlantic University - College of Business and University of North Florida - Department of Accounting and Finance

Abstract:

39.

Economic Exchange Rate Exposure of U.S.-Based MNCs Operating in Europe

The Financial Review, May 1999
Posted: 18 May 1999
Anna D. Martin, Jeff Madura and Aigbe Akhigbe
Fairfield University - Charles F. Dolan School of Business, Florida Atlantic University - College of Business and University of Akron - Department of Finance

Abstract:

40.

A Note on Perceptions of Finance Journal Quality

Review of Quantitative and Finance Accounting
Posted: 29 Mar 1999
Stephen F. Borde, John Cheney and Jeff Madura
University of Central Florida - College of Business Administration, University of Central Florida and Florida Atlantic University - College of Business

Abstract:

41.

Valuation Effects of Foreign Divestitures

Managerial And Decision Economics, Vol. 19, March 1998
Posted: 27 Mar 1999
Stephen F. Borde, Jeff Madura and Aigbe Akhigbe
University of Central Florida - College of Business Administration, Florida Atlantic University - College of Business and University of Akron - Department of Finance

Abstract:

42.

The Effects of Insurance Company Mergers on Risk: A Note

Journal Of Business And Economic Perspectives, Vol. 19, Fall/Winter 1993
Posted: 27 Mar 1999
University of Central Florida - College of Business Administration, Florida Atlantic University - College of Business and Florida Atlantic University

Abstract:

43.

Explaining Variation in Risk Across Insurance Companies

Journal of Financial Services Research, Vol. 8, 1994
Posted: 27 Mar 1999
University of Central Florida - College of Business Administration, Fl Institute of Technology College of Business and Florida Atlantic University - College of Business

Abstract:

44.

Dividend Policy and Signalling by Insurance Companies

Journal of Risk and Insurance, Vol. 60, No. 3, September 1993
Posted: 15 Mar 1999
Aigbe Akhigbe, Stephen F. Borde and Jeff Madura
University of Akron - Department of Finance, University of Central Florida - College of Business Administration and Florida Atlantic University - College of Business

Abstract:

45.

Valuation Effects of Insurers' Security Offerings

J. OF RISK AND INSURANCE, Vol. 64 No. 1, March 1997
Posted: 02 Jul 1997
Aigbe Akhigbe, Stephen F. Borde and Jeff Madura
University of Akron - Department of Finance, University of Central Florida - College of Business Administration and Florida Atlantic University - College of Business

Abstract: