Purpose The purpose of this paper is to review the insights provided by behavioral finance
studies conducted in the last decade (2006-2015) examining behavioral variables in …

Forensic accounting serves as a regulatory and investment tool that allows interested
professionals to predict whether firms are engaged in financial reporting misconduct …

Pump-and-dump schemes (P&Ds) pervade the cryptocurrency market. We find that P&Ds
trigger short-term episodes featuring dramatic increases in prices, volume, and volatility …

Government agencies routinely allow pre-release access to information to accredited news
agencies under embargo agreements. Using high-frequency data, we find evidence …

Large institutional investors own an increasing share of the equity markets in the United
States. The implications of this development for financial markets are still unclear. The paper …

This paper examines the hypothesis that hedge fund managers gain an informational
advantage in securities trading through their connections with lobbyists. Using data sets on …

Illegal practices that cause stock prices to vary from their fair values are known as stock price
manipulations. Our prior study used unsupervised deep learning to detect these unlawful …

Finance for Normal People teaches behavioral finance to people like you and me-normal
people, neither rational nor irrational. We are consumers, savers, investors, and managers …

We empirically analyze the prevalence and economic underpinnings of closing price
manipulation and its detection. We estimate that∼ 1% of closing prices are manipulated, of …

At the settlement time of the VIX Volatility Index, volume spikes on S&P 500 Index (SPX)
options, but only in out-of-the-money options used to calculate the VIX, and more so for …