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/

SCHOLARLY PAPERS

24

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29

CROSSREF CITATIONS

11

Scholarly Papers (24)

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 748 (63,231)
Citation 8

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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 732 (66,053)

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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 545 (95,912)
Citation 7

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Journal Ranking, Research Assessment, Finance Journals

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 498 (105,949)
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 405 (136,506)
Citation 1

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

6.
Downloads 360 (155,796)
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 360 (154,590)
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 347 (162,154)
Citation 2

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

8.

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 263 (216,469)
Citation 7

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Mortgage Refinancing, Financial Literacy, Household Finance

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 253 (223,870)
Citation 8

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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

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 243 (232,996)

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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

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 200 (280,378)
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

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 190 (293,895)

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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

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 184 (302,403)
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

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 153 (355,298)

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Convertible Bonds, Call Delay, Call Policy, Fixed Income

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 137 (388,620)

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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.

Gender Balance in Academia:Evidence from Finance Departments

Number of pages: 30 Posted: 18 Apr 2024
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 9 (1,066,529)

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Gender gap, Academic promotions, Finance journals

17.

CFO Pay Convexity, Risk Taking and Corporate Hedging

European Financial Management, Forthcoming
Posted: 28 Aug 2023
Massimiliano Barbi, Valentina Febo and Irene Massimiliani
University of Bologna - Department of Management, Independent and Independent

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CFO, compensation, derivatives, hedging

18.

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

19.

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

20.

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

21.

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

22.

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.

23.

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

24.

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