Issue Information: European Financial Management 4/2018
DOI | http://doi.org/10.1111/eufm.12154 |
Date | 01 September 2018 |
Published date | 01 September 2018 |
Volume 24 Number 4 SEPTEMBER 2018
EUROPEAN
FINANCIAL MANAGEMENT
The Journal of the European Financial Management Association
Special Issue on Corporate Policies and Asset Prices
Guest Editor: Professor Lu Zhang, Ohio State University
EDITORIAL
EFM Special Issue “Corporate Policies and Asset Prices”487
LU ZHANG
ARTICLES
A Framework for Identifying Accounting Characteristics for Asset
Pricing Models, With an Evaluation of Book-to-Price488
STEPHEN H. PENMAN, FRANCESCO REGGIANI,
SCOTT A. RICHARDSON and ˙
IREM TUNA
Focal Points and Firm Risk521
YE CAI and HERSH SHEFRIN
The Profitability Effect: Insights From International Equity Markets545
TE-FENG CHEN, LEI SUN, K. C. JOHN WEI and FEIXUE XIE
There Are Two Very Different Accruals Anomalies581
ANDREW DETZEL, PHILIPP SCHABERL and JACK STRAUSS
The Relation Between Bank Credit Growth and the Expected
Returns of Bank Stocks610
PRIYANK GANDHI
The Cost of Capital Effect of M&A Transactions: Disentangling
Coinsurance From the Diversification Discount650
PATRICK BIELSTEIN, MARIO FISCHER
and CHRISTOPH KASERER
Investor Heterogeneity and Trading680
ANZHELA KNYAZEVA, DIANA KNYAZEVA
and LEONARD KOSTOVETSKY
MANAGING EDITOR:
John A. Doukas
EDITORS:
Julian Franks
Pekka Hietala
Michael C. Jensen
Larry Lang
Colin Mayer
ADVISORY EDITORS:
Elroy Dimson
Stefano W. Giglio
Tim Jenkinson
Maureen O’Hara
Bruno Solnik
Sheridan Titman
Luigi Zingales
EDITORIAL BOARD:
R. Adams
R. Aggarwal
F. Allen
M. Baker
G. Barone-Adesi
M. Becht
B. Biais
G. M. Bodnar
A. Buraschi
P. Colin-Dufresne
I. Cooper
M. Cremers
D. Cumming
A. Dasgupta
B. E. Eckbo
A. Edmans
V. Errunza
D. Ferreira
M. A. Ferreira
T. Foucault
M. Giannetti
M. Goergen
C. R. Harvey
D. Hirshleifer
K. John
S. Kaplan
B. Liang
C. Loderer
L. Pelizzon
L. Renneboog
J. R. Ritter
J. Rocholl
S. Rossi
G. Rouwenhorst
A. Saunders
E. Schwartz
H. Servaes
R. Stulz
A. Subrahmanyam
L. Switzer
C. Veld
R. Wermers
L. ZhangISSN 1354-7798
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