• Corporate hedging and the variance of stock returns 

      Biguri, Kizkitza; Brownlees, Christian; Ippolito, Filippo (Journal of Corporate Finance;, Peer reviewed; Journal article, 2022)
      By means of a difference-in-differences approach on the volatility of stock returns (σ-DID), we investigate the effect that hedging has on corporate risk. Examining the relation between hedging and the idiosyncratic variance ...
    • The world cup in football and the US IPO market 

      Fjesme, Sturla Lyngnes; Lv, Jin Roc; Shekhar, Chander (Journal of Corporate Finance;, Peer reviewed; Journal article, 2023)
      We document that US IPOs that take place during a world cup in football (soccer), compared to IPOs before or after, exhibit 9% lower underpricing and 6% lower price adjustment. IPOs during world cups receive less attention ...