The impact of strong emotions or mood on decision making and risk taking is well recognized in behavioral economics and finance. Yet, and in spite of the immense interest, no study, so far, has provided any comprehensive evidence on the impact of weather conditions. This paper provides the...

We examine the effect of governance on analysts' earnings forecasts. We contribute in the literature by opting for indicators of country governability, such as the quality of government regulations, rule of law and government effectiveness. By employing a comprehensive data set for over 912 US...

We extend the U.S. bank M&As literature by examining bidder announcement abnormal returns in deals involving both public and private targets over a 32-years examination period. Our main findings document the existence of a listing effect in our sample. Banks gain when they acquire private firms...