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The effect of data breach announcements beyond the stock price: Empirical evidence on market activity
Extending the literature that has focused thus far on stock price impact, this study investigates the effect of data breach announcements on market activity, specifically through the response of theExpand
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Future directions in international financial integration research - A crowdsourced perspective
This paper is the result of a crowdsourced effort to surface perspectives on the present and future direction of international finance. The authors are researchers in financial economics who attendedExpand
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Does Speculation Impact What Factors Determine Oil Futures Prices?
Recent studies provide contradictory evidence about the impact of speculation on commodity prices. Rather than directly evaluating this relationship we instead use a novel approach to assess ifExpand
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Uncovering long term relationships between oil prices and the economy: A time-varying cointegration analysis
Establishing the relation between oil price movements and macroeconomic performance is of great importance for firms and policymakers, alike. Prior studies established this relation using theExpand
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Cyberattacks on Small Banks
Using a difference-in-differences design based on exogenous cyber incidents, we document that successful cyberattacks on small US banks reduce deposit growth at branches of affected banks. ThisExpand
Audit Firm Assessments of Cyber-Security Risk: Evidence from Audit Fees and SEC Comment Letters
This study investigates the impact of cyber-security incidents on audit fees. Using a sample of 5,687 firms, we find that (i) breached firms are charged 12% higher audit fees, and (ii) firmsExpand
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Time-Variation in the Relationship between White Precious Metals and Inflation: A Cross-Country Analysis
In recent years, as a result of an increasing financialisation of financial markets, white precious metals have slowly transformed from mere production inputs to investment assets. In order toExpand
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Cyber-Security Incidents and Audit Quality
As signals of internal control weaknesses, cyber security incidents can represent significant risk factors to the quality of financial reporting. We empirically assess the audit quality implication...
Uncovering Long Term Relationships between Oil Prices and the Economy: A Time-Varying Cointegration Analysis
Establishing the relation between oil price movements and macroeconomic performance is of great importance for firms and policymakers, alike. Prior studies established this relation using theExpand
Individual Values and Household Finances
We create individual cultural values measures for households and show that this is an important determinant of their financial behavior. To date, personal cultural values have only been indirectlyExpand