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News | February 20, 2015

Publications by fellows and Mike Mao and Melissa Lin in Top Finance Journals

Articles by TI fellows Mike Mao and Melissa Lin were published in the top finance journals the Journal of Finance and the Review of Financial Studies.

Mike Mao: Journal of Finance

In their article on Securitization and Capital Structure in Nonfinancial Firms in the Journal of Finance, Mike Mao with Michael Lemmon, Laura Liu and Greg Nini show that asset securitization by nonfinancial firms provides a valuable form of financing for shareholders without harming debtholders. Mike Mao is an assistant professor of finance at the Erasmus School of Economics (EUR). Citation: Lemmon, M., Liu, L. X., Mao, Q. & Nini, G. (2014). Securitization and Capital Structure in Nonfinancial Firms: An Empirical Investigation, The Journal of Finance, 69 (4), 1787-1825. doi: http://dx.doi.org/10.1111/jofi.12128 

Melisa Lin: The Review of Financial Studies

In their article on Mutual Funds and Information Diffusion in the Review of Financial Studies, Melissa Lin with Massimo Massa and Hong Zhang find that semipublic information-related stock rebalancing can be five times higher in countries with the worst quality of governance than in countries with the best. Melissa Lin is an assistant professor of finance at the Erasmus School of Economics (EUR). Citation:  Lin, C., Massa, M & Zhang, H. (2014). Mutual Funds and Information Diffusion: The Role of Country-Level Governance. The Review of Financial Studies, 27, 3343-3387.