Massimiliano Barbi

University of Bologna - Department of Management

Professor of Corporate Finance

via Capo di Lucca 34

Bologna, 40126

Italy

http://www.sites.google.com/site/massimilianobarbifinance/

  • University of Bologna - Department of Management

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    • Fax: +39 051 246411
SCHOLARLY PAPERS

22

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23

CROSSREF CITATIONS

11

Scholarly Papers (22)

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1.

Crowdfunding Practices In and Outside the US

Downloads 732 (56,269)

Crowdfunding Practices In and Outside the US

Number of pages: 46 Posted: 21 Feb 2015 Last Revised: 22 May 2016
Massimiliano Barbi and Marco Bigelli
University of Bologna - Department of Management and University of Bologna - Department of Management
Downloads 732 (55,463)
Citation 7

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Crowdfunding, Entrepreneurship, Kickstarter, Geography, Start-up

Crowdfunding Practices in and Outside the US

Research in International Business and Finance, Vol. 42, pp. 208-223, 2017
Posted: 10 May 2017 Last Revised: 26 Jun 2017
Massimiliano Barbi and Marco Bigelli
University of Bologna - Department of Management and University of Bologna - Department of Management

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Kickstarter, Entrepreneurial finance, Geography, New Ventures

2.

Equity Warrant: Dilution Effect and Implications for Pricing

Number of pages: 8 Posted: 17 Dec 2008 Last Revised: 08 Jan 2009
Massimiliano Barbi
University of Bologna - Department of Management
Downloads 679 (62,172)

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Warrant pricing, dilution effect

3.

Where Should I Publish to Get Promoted? A Finance Journal Ranking Based on Business School Promotions

Journal of Banking and Finance 114, 105780, 2020
Number of pages: 32 Posted: 24 Mar 2020
Emanuele Bajo, Massimiliano Barbi and David Hillier
University of Bologna - Department of Economics, University of Bologna - Department of Management and University of Strathclyde - Department of Accounting and Finance
Downloads 520 (87,027)
Citation 2

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Journal Ranking, Research Assessment, Finance Journals

4.

Interest Rate Risk Estimation: A New Duration-Based Approach

Downloads 482 (95,473)

Interest Rate Risk Estimation: A New Duration-Based Approach

Number of pages: 21 Posted: 28 Apr 2009
Emanuele Bajo, Massimiliano Barbi and David Hillier
University of Bologna - Department of Economics, University of Bologna - Department of Management and University of Strathclyde - Department of Accounting and Finance
Downloads 482 (94,490)
Citation 2

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Duration, Interest Rate Risk, Hedging, Fixed Income

Interest Rate Risk Estimation: A New Duration-Based Approach

Applied Economics, Vol. 45, pp. 2697-2704, 2013
Posted: 14 Feb 2012 Last Revised: 19 Feb 2016
Emanuele Bajo, Massimiliano Barbi and David Hillier
University of Bologna - Department of Economics, University of Bologna - Department of Management and University of Strathclyde - Department of Accounting and Finance

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Duration, Interest Rate Risk, Hedging, Fixed Income

5.

Sull'Impiego dell'Approccio DCF per la Misurazione del Valore

Number of pages: 27 Posted: 17 Dec 2008
Massimiliano Barbi
University of Bologna - Department of Management
Downloads 369 (130,183)
Citation 1

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Valutazione d'Impresa, Flussi di Cassa, Costo del Capitale, WACC

6.

The Risk-Shifting Effect and the Value of a Warrant

Downloads 347 (139,312)
Citation 1

The Risk-Shifting Effect and the Value of a Warrant

Number of pages: 23 Posted: 27 Feb 2007 Last Revised: 28 Sep 2009
Emanuele Bajo and Massimiliano Barbi
University of Bologna - Department of Economics and University of Bologna - Department of Management
Downloads 347 (138,360)
Citation 1

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Warrant pricing, CEV models, risk-shifting

The Risk-Shifting Effect and the Value of a Warrant

Quantitative Finance, Vol. 10, pp. 1203-1213, 2010
Posted: 25 Sep 2009 Last Revised: 28 Oct 2010
Emanuele Bajo and Massimiliano Barbi
University of Bologna - Department of Economics and University of Bologna - Department of Management

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warrant pricing, CEV models, risk shifting

7.

Bolstering Family Control: Evidence from Loyalty Shares

European Corporate Governance Institute - Finance Working Paper No. 619/2019
Number of pages: 51 Posted: 01 Aug 2019 Last Revised: 01 May 2020
Emanuele Bajo, Massimiliano Barbi, Marco Bigelli and Ettore Croci
University of Bologna - Department of Economics, University of Bologna - Department of Management, University of Bologna - Department of Management and Catholic University of the Sacred Heart of Milan
Downloads 315 (154,434)
Citation 2

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Loyalty shares, Family firms, Long-term shareholders; Control-enhancing mechanisms

8.

The Role of Institutional Investors in Public-to-Private Transactions

Downloads 241 (202,866)
Citation 7

The Role of Institutional Investors in Public-to-Private Transactions

ECGI - Finance Working Paper No. 350
Number of pages: 40 Posted: 21 Feb 2013
Emanuele Bajo, Massimiliano Barbi, Marco Bigelli and David Hillier
University of Bologna - Department of Economics, University of Bologna - Department of Management, University of Bologna - Department of Management and University of Strathclyde - Department of Accounting and Finance
Downloads 241 (202,132)
Citation 7

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Public-to-private transactions, delisting, family firms, tender offer

The Role of Institutional Investors in Public-to-Private Transactions

Journal of Banking and Finance, Vol. 37, pp. 4327-4336, 2013
Posted: 06 Jul 2013 Last Revised: 19 Oct 2013
Emanuele Bajo, Massimiliano Barbi, Marco Bigelli and David Hillier
University of Bologna - Department of Economics, University of Bologna - Department of Management, University of Bologna - Department of Management and University of Strathclyde - Department of Accounting and Finance

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Public-to-private transactions, Delisting, Family firms, Tender offer

9.

Out of Sight, Out of Mind: Financial Illiteracy, Inattention, and Sluggish Mortgage Refinancing

Number of pages: 56 Posted: 29 Nov 2014 Last Revised: 03 Mar 2015
Emanuele Bajo and Massimiliano Barbi
University of Bologna - Department of Economics and University of Bologna - Department of Management
Downloads 236 (207,063)
Citation 7

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Mortgage Refinancing, Financial Literacy, Household Finance

10.

Optimal Corporate Hedging Using Options with Basis and Production Risk

Downloads 232 (210,474)

Optimal Corporate Hedging Using Options with Basis and Production Risk

Number of pages: 29 Posted: 28 Sep 2012
Emanuele Bajo, Massimiliano Barbi and Silvia Romagnoli
University of Bologna - Department of Economics, University of Bologna - Department of Management and University of Bologna - Department of Statistics
Downloads 232 (209,780)

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Risk management, Option hedging, Expected shortfall

Optimal Corporate Hedging Using Options with Basis and Production Risk

North American Journal of Economics and Finance, Vol. 30, pp. 56-71, 2014
Posted: 29 Aug 2014 Last Revised: 13 May 2015
Emanuele Bajo, Massimiliano Barbi and Silvia Romagnoli
University of Bologna - Department of Economics, University of Bologna - Department of Management and University of Bologna - Department of Statistics

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Risk management, Option hedging, Expected shortfall

11.

Optimal Hedge Ratio Under a Subjective Re-Weighting of the Original Measure

Downloads 183 (261,820)
Citation 2

Optimal Hedge Ratio Under a Subjective Re-Weighting of the Original Measure

Number of pages: 25 Posted: 27 Jan 2012 Last Revised: 09 Apr 2015
Massimiliano Barbi and Silvia Romagnoli
University of Bologna - Department of Management and University of Bologna - Department of Statistics
Downloads 183 (261,706)
Citation 2

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Risk management, Spectral risk measures, Expected shortfall, Risk aversion

Optimal Hedge Ratio Under a Subjective Re-Weighting of the Original Measure

Applied Economics, Vol. 48, pp. 1271-1280, 2016
Posted: 22 Sep 2015 Last Revised: 19 Feb 2016
Massimiliano Barbi and Silvia Romagnoli
University of Bologna - Department of Management and University of Bologna - Department of Statistics

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Risk management, Spectral risk measures, Expected shortfall, Risk aversion

12.

On the Risk-Neutral Value of Debt Tax Shields

Downloads 175 (272,236)

On the Risk-Neutral Value of Debt Tax Shields

Number of pages: 14 Posted: 17 Dec 2008 Last Revised: 17 Nov 2009
Massimiliano Barbi
University of Bologna - Department of Management
Downloads 175 (272,237)
Citation 1

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Value of tax shields, Leverage policy, WACC, APV

On the Risk-Neutral Value of Debt Tax Shields

Applied Financial Economics, Vol. 22, pp. 251-258, 2012
Posted: 11 Aug 2011 Last Revised: 17 Oct 2011
Massimiliano Barbi
University of Bologna - Department of Management

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Value of Tax Shields, Leverage Policy, WACC, APV

13.

Skewness, Basis Risk, and Optimal Futures Demand

Downloads 166 (284,890)

Skewness, Basis Risk, and Optimal Futures Demand

Number of pages: 38 Posted: 29 Sep 2016 Last Revised: 07 Dec 2017
Massimiliano Barbi and Silvia Romagnoli
University of Bologna - Department of Management and University of Bologna - Department of Statistics
Downloads 166 (285,050)

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Optimal hedging, Skew-normal distribution, Basis risk

Skewness, Basis Risk, and Optimal Futures Demand

International Review of Economics and Finance, Vol. 58, pp. 14-29, 2018
Posted: 06 Mar 2018 Last Revised: 02 Dec 2018
Massimiliano Barbi and Silvia Romagnoli
University of Bologna - Department of Management and University of Bologna - Department of Statistics

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Optimal hedging, Skew-normal distribution, Basis risk

14.

Time Value vs. Cost of Forcing Call: New Evidence on Convertible Bond Call Policy

Number of pages: 33 Posted: 23 May 2010 Last Revised: 07 Jul 2010
Emanuele Bajo and Massimiliano Barbi
University of Bologna - Department of Economics and University of Bologna - Department of Management
Downloads 137 (333,303)

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Convertible Bonds, Call Delay, Call Policy, Fixed Income

15.

Corporate hedging, family firms, and CEO identity

Downloads 96 (430,408)

Corporate hedging, family firms, and CEO identity

Number of pages: 78 Posted: 10 May 2022
Massimiliano Barbi and Ottorino Morresi
University of Bologna - Department of Management and Department of Economics, University of Rome "Roma Tre"
Downloads 96 (433,680)

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Family management, Family generation, Founder CEO, CEO tenure, Hedging

Corporate Hedging, Family Firms, and CEO Identity

European Journal of Finance, Forthcoming
Posted: 01 Jun 2022
Massimiliano Barbi and Ottorino Morresi
University of Bologna - Department of Management and Department of Economics, University of Rome "Roma Tre"

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Family management, Family generation, Founder CEO, CEO tenure, Hedging

16.

Diamonds and Precious Metals for Reduction of Portfolio Tail Risk

Applied Economics, Vol. 52, pp. 2841-2861, 2020
Posted: 05 Dec 2019 Last Revised: 08 Jun 2020
Massimiliano Barbi, Hélyette Geman and Silvia Romagnoli
University of Bologna - Department of Management, University of London - Economics, Mathematics and Statistics and University of Bologna - Department of Statistics

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Diamonds, Precious metals, Diversification, Copula functions, Tail dependence

17.

Human Capital, Investor Trust, and Equity Crowdfunding

Research in International Business and Finance, Vol. 49, pp. 1-12, 2019
Posted: 14 Feb 2019 Last Revised: 06 Aug 2019
Massimiliano Barbi and Sara Mattioli
University of Bologna - Department of Management and affiliation not provided to SSRN

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Crowdcube, Entrepreneurial Finance, Education, Gender Differences

18.

Financial Illiteracy and Mortgage Refinancing Decisions

Journal of Banking and Finance, Vol. 94, pp. 279-296, 2018
Posted: 15 Aug 2018 Last Revised: 30 Aug 2018
Massimiliano Barbi and Emanuele Bajo
University of Bologna - Department of Management and University of Bologna - Department of Economics

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Mortgage refinancing, Financial literacy, Household finance

19.

Do Firms Get What They Pay For? A Second Thought on Over-Allotment Option in IPOs

Quarterly Review of Economics and Finance, Vol. 63, pp. 219-232, 2017
Posted: 19 Feb 2016 Last Revised: 17 Mar 2017
Emanuele Bajo, Massimiliano Barbi and Giovanni Petrella
University of Bologna - Department of Economics, University of Bologna - Department of Management and Università Cattolica del Sacro Cuore

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Over-Allotment Option; IPO; Price Stabilization; Underpricing

20.

A Generalized Approach to Optimal Hedging with Option Contracts

European Journal of Finance, Vol. 21, pp. 714-733, 2015
Posted: 22 Nov 2013 Last Revised: 13 May 2015
Emanuele Bajo, Massimiliano Barbi and Silvia Romagnoli
University of Bologna - Department of Economics, University of Bologna - Department of Management and University of Bologna - Department of Statistics

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Optimal hedge ratio, Option hedging, Spectral risk measures, Copula function.

21.

A Copula-Based Quantile Risk Measure Approach to Estimate the Optimal Hedge Ratio

Journal of Futures Markets, Vol. 34, pp. 658-675, 2014
Posted: 10 Feb 2013 Last Revised: 08 Jan 2015
Massimiliano Barbi and Silvia Romagnoli
University of Bologna - Department of Management and University of Bologna - Department of Statistics

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Optimal hedge ratio, Quantile risk measures, Copula function

22.

The Role of Time Value in Convertible Bond Call Policy

Journal of Banking and Finance, Vol. 36, pp. 550-563, 2012
Posted: 05 Sep 2011 Last Revised: 28 Jan 2012
Emanuele Bajo and Massimiliano Barbi
University of Bologna - Department of Economics and University of Bologna - Department of Management

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Convertible bonds, Time value, Call policy, Fixed income