Sugata Ray

University of Alabama - Department of Economics, Finance and Legal Studies

P.O. Box 870244

Tuscaloosa, AL 35487

United States

  • University of Alabama - Department of Economics, Finance and Legal Studies

SCHOLARLY PAPERS

22

DOWNLOADS
Rank 4,441

SSRN RANKINGS

Top 4,441

in Total Papers Downloads

12,902

SSRN CITATIONS
Rank 13,816

SSRN RANKINGS

Top 13,816

in Total Papers Citations

55

CROSSREF CITATIONS

29

Scholarly Papers (22)

Actions:
Email selected abstracts
1.

Sensation Seeking and Hedge Funds

Journal of Finance, Forthcoming
Number of pages: 59 Posted: 10 Dec 2016 Last Revised: 20 Apr 2018
Stephen J. Brown, Yan Lu, Sugata Ray and Melvyn Teo
New York University - Stern School of Business, University of Central Florida - College of Business Administration, University of Alabama - Department of Economics, Finance and Legal Studies and Singapore Management University - Lee Kong Chian School of Business
Downloads 4,986 (2,487)
Citation 10

Abstract:

Loading...

Sensation seeking, Hedge funds, Risk, Operational risk

2.

Limited Attention, Marital Events, and Hedge Funds

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 49 Posted: 18 Feb 2015 Last Revised: 20 Mar 2016
Yan Lu, Sugata Ray and Melvyn Teo
University of Central Florida - College of Business Administration, University of Alabama - Department of Economics, Finance and Legal Studies and Singapore Management University - Lee Kong Chian School of Business
Downloads 1,431 (19,070)
Citation 9

Abstract:

Loading...

Hedge Funds, Limited Attention, Behavioral Finance, Disposition Effect, Marriage, Divorce

3.

Hedge Fund Hold 'em

Journal of Financial Markets, Forthcoming
Number of pages: 61 Posted: 31 May 2019 Last Revised: 14 Dec 2020
Yan Lu, Sandra Mortal and Sugata Ray
University of Central Florida - College of Business Administration, University of Alabama - Culverhouse College of Commerce & Business Administration and University of Alabama - Department of Economics, Finance and Legal Studies
Downloads 1,246 (23,464)
Citation 1

Abstract:

Loading...

Poker, Hedge funds, Investor flows, Alpha erosion

4.

Prime (Information) Brokerage

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 74 Posted: 18 Jul 2017 Last Revised: 18 Oct 2019
Nitish Kumar, Kevin Mullally, Sugata Ray and Yuehua Tang
University of Florida, University of Central Florida, University of Alabama - Department of Economics, Finance and Legal Studies and University of Florida - Department of Finance
Downloads 807 (43,447)
Citation 5

Abstract:

Loading...

Hedge Funds; Prime Brokers; Investment Banks; Informed Trading; Loan Originations

5.

Effort, Risk and Walkaway Under High Water Mark Contracts

Number of pages: 38 Posted: 13 Mar 2008 Last Revised: 16 Mar 2010
Indraneel Chakraborty and Sugata Ray
University of Miami and University of Alabama - Department of Economics, Finance and Legal Studies
Downloads 586 (65,900)
Citation 2

Abstract:

Loading...

Hedge Funds, Corporate Finance, Contracts

6.

Informational Linkages Between Dark and Lit Trading Venues

Number of pages: 50 Posted: 08 Jul 2011 Last Revised: 27 Jul 2012
Mahendrarajah Nimalendran and Sugata Ray
University of Florida - Department of Finance, Insurance and Real Estate and University of Alabama - Department of Economics, Finance and Legal Studies
Downloads 546 (72,050)
Citation 21

Abstract:

Loading...

Crossing networks, algorithmic trading, price discovery, information trasmission

7.

Are Hedge Fund Managers’ Charitable Donations Strategic?

Journal of Corporate Finance, Forthcoming
Number of pages: 60 Posted: 14 Dec 2015 Last Revised: 11 Dec 2020
Vikas Agarwal, Yan Lu and Sugata Ray
Georgia State University, University of Central Florida - College of Business Administration and University of Alabama - Department of Economics, Finance and Legal Studies
Downloads 340 (125,273)
Citation 1

Abstract:

Loading...

Hedge funds, Philanthropy, Trust, Charitable Donations, Capital Formation, Corporate Social Responsibility (CSR)

8.

A Match in the Dark: Understanding Crossing Network Liquidity

Downloads 334 (127,654)
Citation 5

A Match in the Dark: Understanding Crossing Network Liquidity

Number of pages: 40 Posted: 12 Jan 2010 Last Revised: 18 Mar 2010
Sugata Ray
University of Alabama - Department of Economics, Finance and Legal Studies
Downloads 334 (126,931)
Citation 5

Abstract:

Loading...

Crossing networks, exchanges, gaming, liquidity

A Match in the Dark: Understanding Crossing Network Liquidity

Posted: 12 Jan 2010
Sugata Ray
University of Alabama - Department of Economics, Finance and Legal Studies

Abstract:

Loading...

Crossing networks, exchanges, gaming, liquidity

9.

Value and Momentum in Anomalies

Number of pages: 63 Posted: 09 Mar 2020
Deniz Anginer, Sugata Ray, H. Nejat Seyhun and Luqi Xu
Simon Fraser University (SFU), University of Alabama - Department of Economics, Finance and Legal Studies, University of Michigan, Stephen M. Ross School of Business and University of Alabama - Department of Economics, Finance and Legal Studies
Downloads 333 (128,034)

Abstract:

Loading...

Anomaly, Momentum, value effect

10.

Institutional Investment and Intermediation in the Hedge Fund Industry

Number of pages: 47 Posted: 02 Jul 2013
Vikas Agarwal, Vikram K. Nanda and Sugata Ray
Georgia State University, University of Texas at Dallas - School of Management - Department of Finance & Managerial Economics and University of Alabama - Department of Economics, Finance and Legal Studies
Downloads 313 (136,566)
Citation 8

Abstract:

Loading...

Institutional investors, intermediation, hedge funds, investment consultants, funds of hedge funds

11.

Paying for Performance in Public Pension Plans

Forthcoming, Management Science, Wharton Pension Research Council Working Paper No. 2022-09
Number of pages: 68 Posted: 18 Feb 2021 Last Revised: 03 Aug 2022
Yan Lu, Kevin Mullally and Sugata Ray
University of Central Florida - College of Business Administration, University of Central Florida and University of Alabama - Department of Economics, Finance and Legal Studies
Downloads 308 (138,942)

Abstract:

Loading...

Public pension fund performance, compensation, incentives

12.

Determinants and Implications of Fee Changes in the Hedge Fund Industry

AFA 2013 San Diego Meetings Paper
Number of pages: 44 Posted: 19 Mar 2012 Last Revised: 11 Nov 2012
Vikas Agarwal and Sugata Ray
Georgia State University and University of Alabama - Department of Economics, Finance and Legal Studies
Downloads 275 (156,051)
Citation 4

Abstract:

Loading...

hedge fund fees, management fee, incentive fee, high watermark, performance, capital flows

13.

An Efficiency Perspective on the Gains from Mergers and Asset Purchases

B.E. Journal of Economic Analysis & Policy, Vol. 9 (Contributions)
Number of pages: 27 Posted: 14 Nov 2006 Last Revised: 18 Oct 2009
Sugata Ray and Missaka Warusawitharana
University of Alabama - Department of Economics, Finance and Legal Studies and Board of Governors of the Federal Reserve System
Downloads 256 (167,802)
Citation 1

Abstract:

Loading...

Mergers, Asset purchases, Efficiency gains, Acquisitions, event study

14.

Under One Roof: A Study of Simultaneously Managed Hedge Funds and Funds of Hedge Funds

Number of pages: 43 Posted: 27 Aug 2013 Last Revised: 12 Feb 2014
Vikas Agarwal, Yan Lu and Sugata Ray
Georgia State University, University of Central Florida - College of Business Administration and University of Alabama - Department of Economics, Finance and Legal Studies
Downloads 232 (184,419)
Citation 2

Abstract:

Loading...

hedge funds, funds of hedge funds (FOF), simultaneous management

15.

The Downside of High Water Marks: An Empirical Study

Downloads 224 (190,603)
Citation 6

The Downside of High Water Marks: An Empirical Study

Number of pages: 40 Posted: 21 Sep 2009 Last Revised: 25 May 2011
Sugata Ray
University of Alabama - Department of Economics, Finance and Legal Studies
Downloads 224 (190,253)
Citation 6

Abstract:

Loading...

hedge funds, high water marks, hedge fund performance

The Downside of High Water Marks: An Empirical Study

Journal of Investment Management (JOIM), Second Quarter 2012
Posted: 02 Jun 2012
Sugata Ray
University of Alabama - Department of Economics, Finance and Legal Studies

Abstract:

Loading...

Hedge funds, highwater marks, hedge fund performance

16.

IPO Discounts and Fraction of the Firm Sold: Theory and Evidence

Number of pages: 28 Posted: 19 Nov 2007 Last Revised: 18 Mar 2008
Sugata Ray
University of Alabama - Department of Economics, Finance and Legal Studies
Downloads 201 (210,945)
Citation 1

Abstract:

Loading...

IPO discounts, overhang, tech bubble

17.

Value Implications of REITing and De-REITing

The Journal of Real Estate Finance and Economics, Forthcoming
Number of pages: 41 Posted: 17 Aug 2020
David C. Ling, Sugata Ray, Alan Tidwell and Luqi Xu
University of Florida - Hough Graduate School of Business Administration, University of Alabama - Department of Economics, Finance and Legal Studies, University of Alabama and University of Alabama - Department of Economics, Finance and Legal Studies
Downloads 116 (328,358)

Abstract:

Loading...

REITing, de-REITing, REIT-conversion, REITs

18.

Can Brands Circumvent Marketing Regulations? Exploiting Umbrella Branding in Financial Markets

Marketing Science, Forthcoming
Number of pages: 55 Posted: 25 Mar 2019
Yan Lu, Debanjan Mitra, David K. Musto and Sugata Ray
University of Central Florida - College of Business Administration, University of Connecticut - Department of Marketing, University of Pennsylvania - Finance Department and University of Alabama - Department of Economics, Finance and Legal Studies
Downloads 100 (363,072)

Abstract:

Loading...

Umbrella Branding, Advertising Regulation, Natural Experiment, Financial Services Marketing, Public Policy

19.

Too Good to Be True? An Analysis of the Options Market's Reactions to Earnings Releases

Downloads 91 (385,254)
Citation 2

Too Good to Be True? An Analysis of the Options Market's Reactions to Earnings Releases

Forthcoming, Journal of Business Finance & Accounting
Number of pages: 32 Posted: 24 Jan 2011 Last Revised: 29 Jul 2016
Yan Lu and Sugata Ray
University of Central Florida - College of Business Administration and University of Alabama - Department of Economics, Finance and Legal Studies
Downloads 90 (391,388)

Abstract:

Loading...

Earnings Announcements, Option Implied Distributions, Tail Risk

Too Good to Be True? An Analysis of the Options Market's Reactions to Earnings Releases

Journal of Business Finance & Accounting, Vol. 43, Issue 7-8, pp. 830-848, 2016
Number of pages: 19 Posted: 30 Sep 2016
Yan Lu and Sugata Ray
University of Central Florida - College of Business Administration and University of Alabama - Department of Economics, Finance and Legal Studies
Downloads 1 (933,540)
Citation 1

Abstract:

Loading...

earnings announcements, uncertainty resolution, option implied distributions, tail risk

20.

How Do Personal Real Estate Transactions Affect Productivity and Risk Taking? Evidence From Professional Asset Managers

Number of pages: 42 Posted: 19 Mar 2018
David C. Ling, Yan Lu and Sugata Ray
University of Florida - Hough Graduate School of Business Administration, University of Central Florida - College of Business Administration and University of Alabama - Department of Economics, Finance and Legal Studies
Downloads 83 (407,215)
Citation 4

Abstract:

Loading...

Asset Managers, Personal Real Estate

21.

Trading Simulations and Real Money Outcomes

Number of pages: 33 Posted: 16 Jul 2020 Last Revised: 21 Aug 2020
Deniz Anginer, Caio Piza, Sugata Ray and Luqi Xu
Simon Fraser University (SFU), World Bank, University of Alabama - Department of Economics, Finance and Legal Studies and University of Alabama - Department of Economics, Finance and Legal Studies
Downloads 50 (525,412)

Abstract:

Loading...

22.

Personal Convictions and ESG Investing

Number of pages: 39 Posted: 08 Aug 2022
Charlie Costello, Rachel Li, Sugata Ray and Parth Venkat
Cornerstone Research - Boston Office, University of Alabama - Department of Economics, Finance and Legal Studies, University of Alabama - Department of Economics, Finance and Legal Studies and University of Alabama - Department of Economics, Finance and Legal Studies
Downloads 44 (553,293)

Abstract:

Loading...

ESG; Mutual Funds; Portfolio Choice; Fund Performance; Personal Convictions