Roni Michaely
#62,369
Most Influential Person Now
American academic
Roni Michaely's AcademicInfluence.com Rankings
Roni Michaelybusiness Degrees
Business
#344
World Rank
#376
Historical Rank
Finance
#36
World Rank
#39
Historical Rank
Download Badge
Business Economics
Roni Michaely's Degrees
- PhD Finance University of Chicago
- Masters Finance University of Chicago
- Bachelors Economics Tel Aviv University
Similar Degrees You Can Earn
Why Is Roni Michaely Influential?
(Suggest an Edit or Addition)According to Wikipedia, Roni Michaely is an Israeli academic specializing in Economics and Finance. Michaely is Professor of Finance at the University of Hong Kong, School of Business and Economics. He was also appointed to a director of the Israel Securities Authority in January 1998 and also serves as an associate editor for the Review of Financial Studies.
Roni Michaely's Published Works
Number of citations in a given year to any of this author's works
Total number of citations to an author for the works they published in a given year. This highlights publication of the most important work(s) by the author
Published Works
- Payout Policy in the 21st Century (2003) (2010)
- Conflict of interest and the credibility of underwriter analyst recommendations (1999) (1551)
- Dividends, Share Repurchases, and the Substitution Hypothesis (2000) (1409)
- Price Reactions to Dividend Initiations and Omissions: Overreaction or Drift? (1994) (1113)
- Are Dividend Changes a Sign of Firm Maturity (2002) (1102)
- Do Changes in Dividends Signal the Future or the Past (1997) (865)
- The Pricing of Initial Public Offerings: Tests of Adverse-Selection and Signaling Theories (1994) (788)
- Dynamic Volume-Return Relation of Individual Stocks (2000) (785)
- The Information Content of Share Repurchase Programs (2002) (770)
- Institutional Holdings and Payout Policy (2002) (735)
- When the Underwriter Is the Market Maker: An Examination of Trading in the IPO Aftermarket (2000) (526)
- Payout Policy (2002) (477)
- The Accuracy of Trade Classification Rules: Evidence from NASDAQ (2000) (461)
- Corporate Dividend Policies: Lessons from Private Firms (2011) (434)
- Dividend Changes Do Not Signal Changes in Future Profitability (2003) (368)
- Determinants of Dividend Smoothing: Empirical Evidence (2011) (333)
- Ex‐Dividend Day Stock Price Behavior: The Case of the 1986 Tax Reform Act* (1991) (250)
- Are US Industries Becoming More Concentrated?* (2019) (243)
- Are U.S. Industries Becoming More Concentrated? (2018) (240)
- Does the Choice of Auditor Convey Quality in an Initial Public Offering (1995) (239)
- Using Expectations to Test Asset Pricing Models (2003) (210)
- Trading Volume with Private Valuation: Evidence from the Ex-Dividend Day (1996) (190)
- Do Price Discreteness and Transactions Costs Affect Stock Returns? Comparing Ex-Dividend Pricing Before and after Decimalization (2003) (189)
- Analysts’ Selective Coverage and Subsequent Performance of Newly Public Firms (2006) (181)
- Caveat Compounder: A Warning about Using the Daily CRSP Equal‐Weighted Index to Compute Long‐Run Excess Returns (1998) (145)
- Investors' Heterogeneity, Prices, and Volume around the Ex-Dividend Day (1995) (144)
- Nominal Share Price Puzzle (2009) (128)
- The Making of a Dealer Market: From Entry to Equilibrium in the Trading of Nasdaq Stocks (2002) (128)
- Product Market Competition in a World of Cross-Ownership : Evidence from Institutional Blockholdings Jie (2013) (122)
- Initial Public Offerings: A Synthesis of the Literature and Directions for Future Research (2017) (111)
- Managerial Response to the May 2003 Dividend Tax Cut (2007) (111)
- The Effect of Tax Heterogeneity on Prices and Volume around the Ex-Dividend Day: Evidence from the Milan Stock Exchange (1995) (106)
- Information Quality and Market Efficiency (1988) (105)
- The choice of going public: spin-offs vs. carve-outs (1995) (100)
- Dividends and Taxes: A Re-Examination (2000) (99)
- Corporate Governance and the Timing of Earnings Announcements (2013) (84)
- Does the Scope of Sell-Side Analyst Industry Matter? An Examination of Bias, Accuracy and Information Content of Analyst Reports (2016) (83)
- Product Market Competition and Internal Governance: Evidence from the Sarbanes-Oxley Act (2017) (83)
- Prices, Liquidity, and the Information Content of Trades (2000) (80)
- Do Dividend Taxes Affect Corporate Investment? (2014) (78)
- Dividend Policy and Product Market Competition (2007) (72)
- Does the Scope of the Sell-Side Analyst Industry Matter? An Examination of Bias, Accuracy, and Information Content of Analyst Reports: Does the Scope of the Sell-Side Analyst Industry Matter? (2017) (71)
- A Model of Trading Volume with Tax-Induced Heterogeneous Valuation and Transaction Costs (1996) (71)
- Do Index Funds Monitor? (2020) (67)
- Taxation and Dividend Policy: The Muting Effect of Agency Issues and Shareholder Conflicts (2016) (66)
- The Structure of Spot Rates and Immunization (1990) (65)
- Are Friday Announcements Special? Overcoming Selection Bias (2016) (60)
- Consumption Taxes and Corporate Investment (2018) (57)
- Further Evidence on the Strategic Timing of Earnings News: Joint Analysis of Weekdays and Times of Day (2015) (55)
- Dividend Smoothing, Agency Costs, and Information Asymmetry: Lessons from the Dividend Policies of Private Firms (2006) (45)
- Do Investors Ignore Dividend Taxation? A Reexamination of the Citizens Utilities Case (1997) (44)
- On the Fast Track: Information Acquisition Costs and Information Production (2020) (44)
- What Drives the Value of Analysts' Recommendations: Earnings Estimates or Discount Rate Estimates? (2010) (44)
- Do Earnings Estimates Add Value to Sell-Side Analysts' Investment Recommendations? (2015) (39)
- FinTechs and the Market for Financial Analysis (2020) (38)
- Do Institutional Investors Influence Capital Structure Decisions ? (2013) (37)
- Cultural Diversity on Wall Street: Evidence from Consensus Earnings Forecasts (2020) (37)
- Chapter 25 Dividend policy (1995) (36)
- Do Investors Value Dividend-Smoothing Stocks Differently? (2017) (36)
- Risk or Mispricing? From the Mouths of Professionals (2002) (36)
- Trading in the Presence of Short-Lived Private Information: Evidence from Analyst Recommendation Changes (2017) (34)
- What Do Insiders Know? Evidence from Insider Trading Around Share Repurchases and SEOs (2019) (34)
- Do dividend taxes affect corporate investment (2017) (33)
- Competition in Investment Banking (2006) (32)
- The Effect of the May 2003 Dividend Tax Cut on Corporate Dividend Policy: Empirical and Survey Evidence (2008) (32)
- Why Firms Smooth Dividends: Empirical Evidence (2008) (31)
- Chapter 11. Market Efficiency and Biases in Brokerage Recommendations (2005) (31)
- Information Revealed through the Regulatory Process: Interactions between the SEC and Companies ahead of Their IPO (2020) (30)
- Capital Adequacy, Bank Mergers, and the Medium of Payment (1997) (30)
- The Deleveraging of U.S. Firms and Institutional Investors' Role (2017) (30)
- The Nominal Price Puzzle (2007) (27)
- Signaling Safety (2018) (26)
- Financing Payouts (2021) (24)
- The Impact of Product Market Competition on Firms ’ Payout Policy (2014) (23)
- Payout Policy in the 21th Century: The Data (2005) (23)
- Taxation and Dividend Policy: The Muting Effect of Diverse Ownership Structure (2014) (21)
- The Disappearance of Public Firms and the Changing Nature of U.S. Industries (2015) (21)
- Competition in Investment Banking : Proactive , Reactive , or Retaliatory ? (2005) (20)
- Does Socially Responsible Investing Change Firm Behavior? (2021) (19)
- Investor Protection and Investment (2003) (18)
- Product Market Competition and Agency Conflicts: Evidence from the Sarbanes Oxley Act (2012) (18)
- Artificial Intelligence and High-Skilled Work: Evidence from Analysts (2020) (17)
- Evidence on the Trade-Off between Risk and Return for IPO and SEO Firms (2009) (17)
- Evidence on the Tradeoff Between Risk and Return for Ipo and Seo Firms (2007) (16)
- Sticking around Too Long? Dynamics of the Benefits of Dual-Class Voting (2019) (16)
- Information Revelation Through Regulatory Process: Interactions Between the SEC and Companies Ahead of the IPO (2019) (15)
- Disappearing and Reappearing Dividends (2020) (15)
- Concierge Treatment from Banks: Evidence from the Paycheck Protection Program (2021) (14)
- Firm Heterogeneity and Investor Inattention to Friday Earnings Announcements (2012) (14)
- Stock Liquidity and Dividend Policy: Dividend Policy Changes Following an Exogenous Liquidity Shock (2017) (13)
- MARKETS TALK, FIRMS LISTEN: THE DYNAMICS OF REPEAT ACQUIRERS (2007) (13)
- Owners’ Portfolio Diversification and Firm Investment (2019) (13)
- The Information Content of Dividends: Safer Profits, Not Higher Profits (2017) (12)
- Owners’ portfolio diversification and firm investment: Evidence from private and public firms (2015) (10)
- ES Votes That Matter (2021) (7)
- Marketing Financial Claims (2008) (6)
- Expected Return and Asset Pricing (2002) (6)
- The Dividend Policies of Private Firms : Insights into Smoothing , Agency Costs , and Information Asymmetry (2006) (5)
- Stock Returns ? Comparing Ex-Dividend Pricing Before and After (2003) (5)
- Political Activism and Market Power (2020) (4)
- Owners' portfolio diversification and firm investment: Evidence from public and private firms (2015) (4)
- Lured by the Consensus (2018) (4)
- SPAC IPOs and Sponsor Network Centrality (2021) (4)
- Using Brokerage Commissions to Secure IPO Allocations (2010) (3)
- Owners' Portfolio Diversification and Firm Investment: Theory and Evidence from Private and Public Firms (2015) (2)
- Analysts' Selective Coverage and the Long-term Performance of Newly Public Firms (2004) (2)
- Washington Policy Analysts and the Propagation of Political Information (2020) (2)
- Mutual funds’ strategic voting on environmental and social issues (2022) (2)
- Informativeness of Managerial Stock Ownership and Market Reaction to Stock Repurchase Announcements (2007) (2)
- Does stock market liquidity affect dividends? (2022) (2)
- Information Spillover and Corporate Policies: The Case of Listed Options (2021) (2)
- The Effect of Consumption Taxes on Corporate Investment (2016) (2)
- Carrot and stick: Two natural field experiments on lender information sharing (2019) (2)
- Do Investors Value Dividend Smoothing Stocks Differently? (2016) (2)
- Product Market Competition and Internal Governance: Evidence from the Sarbanes Oxley Act (2015) (2)
- Misvaluation of Investment Options∗ (2016) (1)
- Lured by the Consensus : The Implications of Treating All Analysts as Equal (2017) (1)
- Market Reactions to Capital Structure Changes: Theory and Evidence (1999) (1)
- Is Washington Policy Research Valuable to Capital Markets (2018) (1)
- Spillover Effects of the Opioid Epidemic on Labor and Innovation (2022) (1)
- Trading Volume With Private Valuations: Theory and Evidence From the Ex-dividend Day (2015) (1)
- The Effect of Board Overlap on Firm Behavior (2021) (0)
- THE POLITICAL AND FINANCIAL ECONOMICS OF WITHDRAWN PRIVATIZATIONS (2018) (0)
- S UPPORTED BY U NIGESTION " What determines investment and operating strategies of public and private firms : Theory and Evidence " Prof . (2013) (0)
- 1 Selection Bias and Investor Inattention on Friday (2015) (0)
- Do Proprietary Traders Provide Liquidity? (2020) (0)
- Online Appendix for "Do Index Funds Monitor?" (2020) (0)
- Out of Balance: Do Analysts Issue Sell Recommendations to Manage their Recommendation Distributions? (2020) (0)
- Analysts ’ Consensus Forecasts and Mispricing (2017) (0)
- Dividends, taxes and debt : essays in dividends, equilibrium price determination and term structure estimation (1990) (0)
- Online Appendix: Signaling Safety (2020) (0)
- Dewey Working Paper We Would like to Thank (2008) (0)
- Do Differences in Analyst Quality Matter for Investors Relying on Consensus Information? (2023) (0)
- Customer Risk and The Choice Between Cash and Bank Credit Lines (2016) (0)
- Cybersecurity Risk (2020) (0)
- -1 - Who Trades Ipos? a Close Look at the First Days of Trading (2003) (0)
- Working Paper Alfred P. Sloan School of Management Trading Volume with Private Valuations: Theory and Evidence from the Ex-dividend Day Theory and Evidence from the Ex-dividend Day (2008) (0)
- Does Board Overlap Promote Coordination Between Firms? (2021) (0)
- Do board connections between product market peers (2022) (0)
- Sell-side analyst benchmarks (2020) (0)
- Do Institutional Directors Matter? (2022) (0)
- Specificity and Accuracy: Evidence from Sell-side Analyst Forecasts (2019) (0)
- Investment Banker Directors and Capital Raising Activities* (2018) (0)
- Climate Change and Mutual Fund Voting on Environmental Proposals (2022) (0)
- Cybersecurity Risk: The Data (2023) (0)
This paper list is powered by the following services:
Other Resources About Roni Michaely
What Schools Are Affiliated With Roni Michaely?
Roni Michaely is affiliated with the following schools:
