Leonardo Madureira

Working Papers and Publications

 

What Drives  the Value of Financial Analysts's Advice? The Role of Earnings and Growth Forecasts

(joint with Ohad Kadan, Rong Wang and Tzachi Zach), Working Paper, 2020

 

Analysts' Advice on IPOs and Regulations: An Analysis of US and European Markets

(joint with Romain Boissin and Ajai Singh), Journal of Accounting and Finance. vol. 23, no. 6, 105-143, 2023

 

The Causal Effects of Proximity on Investment: Evidence from Flight Introductions

(joint with Jesse Ellis and Shane Underwood), Journal of Financial and Quantitative Analysis, vol. 55, no. 6, 1978-2004, 2020

 

Sell Side Analysts' Benchmarks

(joint with Ohad Kadan, Rong Wang and Tzachi Zach), The Accounting Review, vol. 95, no. 1, 211-232, 2020

 

Social Ties and IPO Outcomes

(joint with Jack Cooney, Ajai K. Singh and Ke Yang), Journal of Corporate Finance, vol. 33, 129-146, 2015

 

Lending Relationships and Analysts' Forecasts

(joint with Emre Ergungor, Nandu Nayar and Ajai Singh), Journal of Financial Intermediation, vol. 24, issue 1, 71-88, 2015

 

Banking Relationships and Sell-Side Research

(joint with Emre Ergungor, Nandu Nayar and Ajai Singh), Working Paper 11-14, Federal Reserve Bank of Cleveland, 2011

 

Analysts' Industry Expertise

(joint with Ohad Kadan, Rong Wang and Tzachi Zach), Journal of Accounting & Economics, vol. 54, issues 2-3, 95-120, 2012 (lead article). IBES research note on how to collect industry recommendations appears here.

 

Geography and Price Discovery: Evidence from NASDAQ

(joint with Amber Anand, Vlad Gatchev, Christo Pirinsky and Shane Underwood), Journal of Financial Markets, vol. 14, no. 2, 193-226, 2011 (lead article)

 

Geography and Equity Market Making

(joint with Shane Underwood), (Permanent) Working Paper, 2007

 

Information, Sell-Side Research, and Market Making

(joint with Shane Underwood), Journal of Financial Economics, vol. 90, no. 2, 105-126, 2008 (lead artile)

 

Conflicts of Interest and Stock Recommendations: Evidence from the Global Settlement and Related Regulations

(joint with Ohad Kadan, Rong Wang and Tzachi Zach), Review of Financial Studies, vol. 22, no. 10, 4189-4217, 2009

 

SEC Regulation Fair Disclosure, Information and the Cost of Capital
(joint with Armando Gomes and Gary Gorton), NBER # 10567, 2004, Journal of Corporate Finance, vol. 13, issues 2-3, 300-334, 2007

 

The Ex Ante Real Rate and Inflation Premium Under a Habit Consumption Model

Journal of Empirical Finance, vol. 14, no. 3, 355-388, 2007

 

Conflicts of Interest, Regulations, and Stock Recommendations

(Permanent) Working Paper, 2004

 

Elusive Anomalies in the Brazilian Stock Market

(joint with Ricardo Leal), International Review of Financial Analysis, vol. 10, no. 2, 123-134, 2001

 

Citations Report

 

Please click here for a detailed report on citations of my research (Updated June 10, 2019)