Issue Information: European Financial Management 1/2019

• DOI: http://doi.org/10.1111/eufm.12183
• Published date: 01 January 2019
• Date: 01 January 2019

Volume 25 Number 1 JANUARY 2019

EUROPEAN

FINANCIAL MANAGEMENT

The Journal of the European Financial Management Association

ARTICLES

An International Analysis of CEO Social Capital and Corporate

Risk-Taking 3

STEPHEN P. FERRIS, DAVID JAVAKHADZE

and TIJANA RAJKOVIC

Target Information Asymmetry and Takeover Strategy:

Insights From a New Perspective 38

PAUL BOROCHIN, CHINMOY GHOSH and DI HUANG

Do Investment Banks Create Value for Their Clients? Empirical

Evidence From European Acquisitions 80

JOHANNES KOLB

Sentiment, Order Imbalance, and Co-Movement: An Examination

of Shocks to Retail and Institutional Trading Activity 116

PATRICIA CHELLEY-STEELEY, NEOPHYTOS LAMBERTIDES

and CHRISTOS S. SAVVA

The Payback of Mutual Fund Selectivity in European Markets 160

FENG DONG and JOHN A. DOUKAS

Stock Market Integration, Cost of Equity Capital, and Corporate

Investment: Evidence From Brazil 181

DAVID HILLIER and TIAGO LONCAN

Intangible Assets and the Book-To-Market Effect 207

HYUNA PARK

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

F. Allen

M. Baker

G. Barone-Adesi

T. G. Bali

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. Phalippou

L. Renneboog

J. R. Ritter

J. Rocholl

S. Rossi

G. Rouwenhorst

A. Saunders

H. Servaes

R. Stulz

A. Subrahmanyam

L. Switzer

C. Veld

R. Wermers

L. Zhang ISSN 1354-7798