Leonard Kostovetsky

Zicklin School of Business, Baruch College

One Bernard Baruch Way

New York , NY 10010

United States

  • Zicklin School of Business, Baruch College

SCHOLARLY PAPERS

15

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18,654

TOTAL CITATIONS
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Top 1,451

in Total Papers Citations

728

Scholarly Papers (15)

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1.

Digital Tulips? Returns to Investors in Initial Coin Offerings

Journal of Corporate Finance, Vol. 66, No. 101786, 2021
Number of pages: 54 Posted: 05 Jun 2018 Last Revised: 04 Jan 2021
Hugo Benedetti and Leonard Kostovetsky
ESE Business School - Universidad de los Andes, Chile and Zicklin School of Business, Baruch College
Downloads 8,698 (1,548)
Citation 139

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Initial Coin Offering, ICO, Token, Blockchain, Cryptocurrency, Venture Capital, Crowdfunding

2.

Are Red or Blue Companies More Likely to Go Green? Politics and Corporate Social Responsibility

Downloads 2,012 (17,370)
Citation 387

Are Red or Blue Companies More Likely to Go Green? Politics and Corporate Social Responsibility

Number of pages: 60 Posted: 17 Mar 2011 Last Revised: 19 Aug 2013
Alberta Di Giuli and Leonard Kostovetsky
ESCP Business School and Zicklin School of Business, Baruch College
Downloads 1,807 (20,230)
Citation 94

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Corporate social responsibility (CSR), Corporate culture, Political values

Are Red or Blue Companies More Likely to Go Green? Politics and Corporate Social Responsibility

29th International Conference of the French Finance Association (AFFI) 2012
Number of pages: 55 Posted: 05 Nov 2012
Alberta Di Giuli and Leonard Kostovetsky
ESCP Business School and Zicklin School of Business, Baruch College
Downloads 205 (315,676)
Citation 293

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3.

Common Institutional Ownership and Diffusion of Innovation

Number of pages: 53 Posted: 11 Jan 2017 Last Revised: 15 Apr 2020
Leonard Kostovetsky and Alberto Manconi
Zicklin School of Business, Baruch College and Bocconi University - Department of Finance
Downloads 1,834 (20,155)
Citation 10

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Finance and Innovation; Patents; Common Institutional Ownership

4.

Red and Blue Investing: Values and Finance

Simon School Working Paper No. FR 09-06, EFA 2009 Bergen Meetings Paper
Number of pages: 51 Posted: 10 Aug 2008 Last Revised: 18 Mar 2010
Harrison G. Hong and Leonard Kostovetsky
Columbia University, Graduate School of Arts and Sciences, Department of Economics and Zicklin School of Business, Baruch College
Downloads 1,188 (38,530)
Citation 85

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political affiliation, socially responsible investing, mutual funds, hedge funds

5.

Measuring Innovation and Product Differentiation: Evidence from Mutual Funds

Journal of Finance, Forthcoming
Number of pages: 73 Posted: 13 Jun 2016 Last Revised: 21 Feb 2019
Leonard Kostovetsky and Jerold B. Warner
Zicklin School of Business, Baruch College and University of Rochester – Simon Business School
Downloads 896 (57,380)
Citation 44

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Mutual Funds, Financial Innovation, Fund Flows, Product Differentiation, Competition

6.

Brain Drain: Are Mutual Funds Losing Their Best Minds?

EFA 2009 Bergen Meetings Paper
Number of pages: 52 Posted: 17 Sep 2007 Last Revised: 10 Jan 2017
Leonard Kostovetsky
Zicklin School of Business, Baruch College
Downloads 732 (75,299)
Citation 1

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mutual funds, hedge funds

7.

You’re fired! New Evidence on Portfolio Manager Turnover and Performance

Simon School Working Paper No. FR 11-11, AFA 2013 San Diego Meetings Paper
Number of pages: 43 Posted: 15 Mar 2011 Last Revised: 16 Mar 2012
Leonard Kostovetsky and Jerold B. Warner
Zicklin School of Business, Baruch College and University of Rochester – Simon Business School
Downloads 616 (93,864)
Citation 9

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Mutual Funds, Management Turnover, Subadvisors

8.

Political Capital and Moral Hazard

Simon School Working Paper No. FR 10-05
Number of pages: 35 Posted: 18 Nov 2009 Last Revised: 18 Mar 2010
Leonard Kostovetsky
Zicklin School of Business, Baruch College
Downloads 564 (104,952)
Citation 39

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moral hazard, financial crisis

9.

The Market for Fund Benchmarks: Evidence from ETFs

Number of pages: 70 Posted: 15 Mar 2021 Last Revised: 08 Aug 2022
Leonard Kostovetsky and Jerold B. Warner
Zicklin School of Business, Baruch College and affiliation not provided to SSRN
Downloads 457 (135,808)

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Exchange-traded funds, ETFs, Benchmarks, Index Providers, Self Indexing, Indices, Retail Investors, Institutional, Branding, Event study,

10.

How Much Labor Do You Need to Manage Capital?

Number of pages: 59 Posted: 11 Jan 2017 Last Revised: 13 Feb 2018
Leonard Kostovetsky and Alberto Manconi
Zicklin School of Business, Baruch College and Bocconi University - Department of Finance
Downloads 448 (139,101)
Citation 1

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RIAs, Asset Management, Fund Flows

11.

'Whom Do You Trust?' Investor-Advisor Relationships and Mutual Fund Flows

Simon Business School Working Paper No. FR 14-02
Number of pages: 58 Posted: 02 Feb 2014
Leonard Kostovetsky
Zicklin School of Business, Baruch College
Downloads 356 (180,356)
Citation 8

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trust, mutual fund flows

12.

Investor Heterogeneity and Trading

European Financial Management (Forthcoming)
Number of pages: 46 Posted: 11 Feb 2010 Last Revised: 22 Jul 2018
Anzhela Knyazeva, Diana Knyazeva and Leonard Kostovetsky
Independent, Independent and Zicklin School of Business, Baruch College
Downloads 281 (232,384)
Citation 3

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institutional investors, investor heterogeneity, information, trading volume, spreads

13.

Measuring Local Climate Change Attention: Does it Affect Investors and Firms?

Number of pages: 72 Posted: 03 Sep 2024 Last Revised: 06 Apr 2025
Leonard Kostovetsky, Lin Peng, Christopher Rauh and Muhammed Yönaç
Zicklin School of Business, Baruch College, City University of New York, Baruch College - Zicklin School of Business - Department of Economics and Finance, University of Cambridge - Faculty of Economics and Seton Hall University - W. Paul Stillman School of Business
Downloads 268 (243,955)

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Climate change, ESG, Local News, Media, Social Media, Sustainable investing, Flood Insurance

14.

Returns to Specialization: Evidence from Health Mutual Fund Managers

Number of pages: 51 Posted: 13 Jun 2016
Leonard Kostovetsky and Vladimir Ratushny
Zicklin School of Business, Baruch College and Harvard Combined Dermatology Residency Program - Harvard Combined Dermatology Residency Program
Downloads 250 (261,681)
Citation 1

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Specialization, Mutual Funds, Specialists, Generalists

15.

Doctors Managing Mutual Funds: Returns to Specialization in Asset Management

Number of pages: 51 Posted: 02 Aug 2023
Leonard Kostovetsky and Vladimir Ratushny
Zicklin School of Business, Baruch College and affiliation not provided to SSRN
Downloads 54 (807,008)
Citation 1

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asset management, specialization, mutual funds