Academic Papers

This study examines the relationship between economic policy uncertainty and accounting reporting complexity, specifically how it affects monetary and textual reporting complexities in firms.

This paper examines how investor sentiment, risk aversion and external volatility shape the pricing and risk of cryptocurrencies, where values are driven by expectations rather than traditional fundamentals.

This study questions whether pre-emptive rights truly protect shareholders from dilution or if such risks are already reflected in share prices. Using financial theory and analysis, it finds little evidence supporting the need for these protections or compensation.

Bank branch closures in the UK lead to more misconduct by alternative financial providers, especially in deprived urban areas — current regulations fail to address these broader risks.

Using data from 2014 to 2019, this study found that a simple statistical model (logistic regression) predicts Bitcoin price changes better than more complex methods, with 66% accuracy. This suggests Bitcoin prices aren’t completely random and can be partly predicted.

This paper shows that insider trading and managerial traits influence future stock price crashes. Insider buying raises crash risk, while selling signals timely use of private information. Gender-diverse boards reduce risk, but powerful or younger CEOs increase it. Overall, managerial attributes play a key role in managing information asymmetry.

This study found that after China’s ICO ban in 2017, adding cryptocurrencies to investment portfolios no longer provided any diversification benefits once liquidity was considered.

This study reviews low-frequency liquidity measures, categorising them into four types and assessing their impact on asset pricing. It also introduces new estimators and examines how well these measures capture liquidity benchmarks from high-frequency data.

This study looked at how the 100 biggest cryptocurrencies reacted when China banned initial coin offerings in September 2017. It caused a sharp but short-lived drop in prices and trading activity.