Massimiliano Barbi

University of Bologna - Department of Management

Associate Professor of Corporate Finance

via Capo di Lucca 34

Bologna, Bologna 40126

Italy

SCHOLARLY PAPERS

16

DOWNLOADS
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Top 13,327

in Total Papers Downloads

2,753

CITATIONS

2

Scholarly Papers (16)

1.

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 430 (48,150)

Abstract:

Warrant pricing, dilution effect

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 Management, University of Bologna - Department of Management and University of Strathclyde - Department of Accounting and Finance
Downloads 402 (55,506)

Abstract:

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 Management, University of Bologna - Department of Management and University of Strathclyde - Department of Accounting and Finance

Abstract:

Duration, Interest Rate Risk, Hedging, Fixed Income

3.

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 330 (39,720)

Abstract:

Crowdfunding, Entrepreneurship, Kickstarter, Geography, Start-up

4.
Downloads 286 ( 82,974)
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 Management and University of Bologna - Department of Management
Downloads 286 (82,527)
Citation 1

Abstract:

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 Management and University of Bologna - Department of Management

Abstract:

warrant pricing, CEV models, risk shifting

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 227 (99,265)
Citation 1

Abstract:

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

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 Management, University of Bologna - Department of Management and University of Bologna - Department of Statistics
Downloads 171 (138,625)

Abstract:

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 Management, University of Bologna - Department of Management and University of Bologna - Department of Statistics

Abstract:

Risk management, Option hedging, Expected shortfall

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 Management, University of Bologna - Department of Management, University of Bologna - Department of Management and University of Strathclyde - Department of Accounting and Finance
Downloads 164 (143,864)

Abstract:

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 Management, University of Bologna - Department of Management, University of Bologna - Department of Management and University of Strathclyde - Department of Accounting and Finance

Abstract:

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

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 140 (164,989)

Abstract:

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

Abstract:

Value of Tax Shields, Leverage Policy, WACC, APV

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 130 (175,010)

Abstract:

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

Abstract:

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

10.

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 Management and University of Bologna - Department of Management
Downloads 87 (223,967)

Abstract:

Convertible Bonds, Call Delay, Call Policy, Fixed Income

11.

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 Management and University of Bologna - Department of Management
Downloads 61 (210,366)

Abstract:

Mortgage Refinancing, Financial Literacy, Household Finance

12.

Skewness, Basis Risk, and Optimal Futures Demand

Number of pages: 34 Posted: 29 Sep 2016
Massimiliano Barbi and Silvia Romagnoli
University of Bologna - Department of Management and University of Bologna - Department of Statistics
Downloads 0 (342,214)

Abstract:

Optimal hedging, Skew-normal distribution, Basis risk

13.

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

Quarterly Review of Economics and Finance, Forthcoming
Posted: 19 Feb 2016
Emanuele Bajo, Massimiliano Barbi and Giovanni Petrella
University of Bologna - Department of Management, University of Bologna - Department of Management and Università Cattolica del Sacro Cuore

Abstract:

Over-Allotment Option; IPO; Price Stabilization; Underpricing

14.

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 Management, University of Bologna - Department of Management and University of Bologna - Department of Statistics

Abstract:

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

15.

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

Abstract:

Optimal hedge ratio, Quantile risk measures, Copula function

16.

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 Management and University of Bologna - Department of Management

Abstract:

Convertible bonds, Time value, Call policy, Fixed income