Leon Zolotoy

University of Melbourne - Melbourne Business School

200 Leicester Street

Carlton, Victoria 3053 3186

Australia

  • University of Melbourne - Melbourne Business School

SCHOLARLY PAPERS

23

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SSRN CITATIONS
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Top 21,525

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39

CROSSREF CITATIONS

7

Scholarly Papers (23)

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1.

Stock Liquidity and Stock Price Crash Risk

Journal of Financial and Quantitative Analysis (JFQA), Forthcoming
Number of pages: 54 Posted: 01 Nov 2013 Last Revised: 08 Feb 2016
Xin Chang, Yangyang Chen and Leon Zolotoy
Nanyang Business School, Nanyang Technological University, City University of Hong Kong (CityU) - Department of Accountancy and University of Melbourne - Melbourne Business School
Downloads 1,484 (17,482)
Citation 18

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Stock liquidity; Crash risk; Short-termism; Bad news hoarding

2.

Media Coverage and IPO Pricing Around the World

Journal of Financial and Quantitative Analysis (JFQA), Forthcoming
Number of pages: 60 Posted: 24 Oct 2017 Last Revised: 18 Jan 2019
Yangyang Chen, Abhinav Goyal, Madhu Veeraraghavan and Leon Zolotoy
City University of Hong Kong (CityU) - Department of Accountancy, University College Cork, T.A. PAI Management Institute, Finance Area and University of Melbourne - Melbourne Business School
Downloads 418 (96,478)
Citation 3

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Media coverage, IPO pricing, information asymmetry

3.

Stock Liquidity and Corporate Tax Avoidance

Review of Accounting Studies, Forthcoming
Number of pages: 50 Posted: 06 Sep 2013 Last Revised: 04 Oct 2017
Yangyang Chen, Rui Ge, Henock Louis and Leon Zolotoy
City University of Hong Kong (CityU) - Department of Accountancy, Shenzhen University - Shenzhen Audencia Business School, Pennsylvania State University - Smeal College of Business and University of Melbourne - Melbourne Business School
Downloads 412 (98,098)
Citation 4

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Stock Liquidity, Tax Avoidance, Agency Conflicts

4.

CEO Early-Life Disaster Experience and Stock Price Crash Risk

Journal of Corporate Finance, Forthcoming
Number of pages: 75 Posted: 31 Jul 2019 Last Revised: 09 Mar 2021
Yangyang Chen, Qingliang Fan, Xin Yang and Leon Zolotoy
City University of Hong Kong (CityU) - Department of Accountancy, The Chinese University of Hong Kong, Hong Kong Polytechnic University - School of Accounting and Finance and University of Melbourne - Melbourne Business School
Downloads 370 (110,940)
Citation 1

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CEO background characteristics; Disaster experience; Stock price crash risk; Bad news hoarding

5.

Board Gender Diversity and Firm Value in Times of Crisis: Evidence from the COVID-19 Pandemic

Number of pages: 52 Posted: 28 Jun 2021 Last Revised: 27 Dec 2021
Leon Zolotoy, Farida Akhtar and Madhu Veeraraghavan
University of Melbourne - Melbourne Business School, Macquarie University and T.A. PAI Management Institute, Finance Area
Downloads 333 (124,602)

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Board gender diversity, Abnormal returns, Crisis, COVID-19

6.

The Impact of Managerial Mood on Public Firms’ Decisions: Evidence from Corporate Tax Avoidance

Number of pages: 56 Posted: 10 Nov 2017 Last Revised: 13 Dec 2019
Yangyang Chen, Rui Ge, Jeffrey Pittman, Madhu Veeraraghavan and Leon Zolotoy
City University of Hong Kong (CityU) - Department of Accountancy, Shenzhen University - Shenzhen Audencia Business School, Memorial University of Newfoundland (MNU) - Faculty of Business Administration, T.A. PAI Management Institute, Finance Area and University of Melbourne - Melbourne Business School
Downloads 312 (133,792)
Citation 1

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Weather; Managerial Mood; Tax Avoidance

7.

Does CEO Overconfidence Affect Workplace Safety?

Number of pages: 51 Posted: 24 Sep 2021 Last Revised: 09 May 2022
Yangyang Chen, Emmanuel Ofosu, Madhu Veeraraghavan and Leon Zolotoy
City University of Hong Kong (CityU) - Department of Accountancy, City University of Hong Kong (CityU) - Department of Accountancy, T.A. PAI Management Institute, Finance Area and University of Melbourne - Melbourne Business School
Downloads 297 (140,983)

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CEO overconfidence, workplace safety, injury rates

8.

Benchmark Replication Portfolio Strategies

Journal of Asset Management Vol. 14, 2, 95–110, 24th Australasian Finance and Banking Conference 2011 Paper
Number of pages: 22 Posted: 20 Aug 2011 Last Revised: 24 Jun 2013
Paskalis Glabadanidis and Leon Zolotoy
University of Adelaide Business School and University of Melbourne - Melbourne Business School
Downloads 290 (144,057)

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Optimal Portfolio Weights, Benchmarking

9.

Executive Equity Risk-Taking Incentives and Firm's Choice of Debt Structure

Journal of Banking and Finance, Forthcoming
Number of pages: 51 Posted: 19 Oct 2017 Last Revised: 21 Jul 2021
Yangyang Chen, Iftekhar Hasan, Walid Saffar and Leon Zolotoy
City University of Hong Kong (CityU) - Department of Accountancy, Fordham University, Hong Kong Polytechnic University - School of Accounting and Finance and University of Melbourne - Melbourne Business School
Downloads 276 (151,504)

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Executive equity incentives; Vega; Bank debt; Debt structure

10.

Aggregate Earnings News and Stock Market Returns: The Good, the Bad and the State-Dependent

Number of pages: 49 Posted: 26 Jun 2012
Leon Zolotoy, James R. Frederickson and John D. Lyon
University of Melbourne - Melbourne Business School, Melbourne Business School and The University of Melbourne, Department of Accounting and Business Information Systems
Downloads 233 (179,062)
Citation 3

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aggregate earnings, stock market, discount-rate, cash-flows, state-dependence

11.

Global Board Reforms and the Pricing of IPOs

Journal of Financial and Quantitative Analysis (JFQA), Forthcoming
Number of pages: 63 Posted: 30 Jul 2020 Last Revised: 21 Jan 2021
Yangyang Chen, Abhinav Goyal and Leon Zolotoy
City University of Hong Kong (CityU) - Department of Accountancy, University College Cork and University of Melbourne - Melbourne Business School
Downloads 190 (216,228)

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Global board reforms; IPO underpricing; Corporate governance

12.

Earnings Announcements, Aggregate Earnings, and Individual-Firm Stock Returns: A Signal Extraction Perspective

Number of pages: 49 Posted: 17 Jan 2012
James R. Frederickson, John D. Lyon and Leon Zolotoy
Melbourne Business School, The University of Melbourne, Department of Accounting and Business Information Systems and University of Melbourne - Melbourne Business School
Downloads 184 (222,339)

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aggregate earnings, signal extraction, systemic component, persistence

13.

Terrorist Attacks, Investor Sentiment, and the Pricing of Initial Public Offerings

Journal of Corporate Finance, Forthcoming
Number of pages: 62 Posted: 30 Jul 2019 Last Revised: 03 Nov 2020
Yangyang Chen, Abhinav Goyal, Madhu Veeraraghavan and Leon Zolotoy
City University of Hong Kong (CityU) - Department of Accountancy, University College Cork, T.A. PAI Management Institute, Finance Area and University of Melbourne - Melbourne Business School
Downloads 165 (243,819)
Citation 3

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terrorist attacks, investor sentiment, IPO pricing

14.

Time–Varying Dynamics and Asymmetric Effects of the Fama–French Factor Betas

25th Australasian Finance and Banking Conference 2012
Number of pages: 38 Posted: 28 Aug 2012
Petko S. Kalev and Leon Zolotoy
La Trobe Business School and University of Melbourne - Melbourne Business School
Downloads 148 (266,716)

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asymmetry, economic value, Fama–French model, information shocks, systematic risk

15.

Rank-and-File Employee Stock Options and Workplace Safety

Number of pages: 54 Posted: 05 Jan 2022 Last Revised: 23 Mar 2022
Yangyang Chen, Emmanuel Ofosu, Madhu Veeraraghavan and Leon Zolotoy
City University of Hong Kong (CityU) - Department of Accountancy, City University of Hong Kong (CityU) - Department of Accountancy, T.A. PAI Management Institute, Finance Area and University of Melbourne - Melbourne Business School
Downloads 147 (268,177)

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Rank-and-file employee stock options; workplace safety; employee injury rates

16.

Dispersion of Beliefs, Stock Prices and the Earnings Surprise Measures - A Generalized Approach

Number of pages: 29 Posted: 29 Jan 2009 Last Revised: 16 Mar 2009
Leon Zolotoy
University of Melbourne - Melbourne Business School
Downloads 135 (286,559)

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earnings announcements, dispersion of opinions, stock prices, post-earnings announcement drift

17.

Local Religious Norms, Corporate Social Responsibility, and Firm Value

Journal of Banking and Finance, Forthcoming
Number of pages: 53 Posted: 09 Feb 2019
Leon Zolotoy, Don O'Sullivan and Yangyang Chen
University of Melbourne - Melbourne Business School, University of Melbourne - Melbourne Business School and City University of Hong Kong (CityU) - Department of Accountancy
Downloads 84 (394,698)
Citation 6

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18.

Do Corporate Pension Plans Affect Audit Pricing?

Journal of Contemporary Accounting and Economics, Forthcoming
Number of pages: 47 Posted: 05 Oct 2017 Last Revised: 24 Nov 2017
Yangyang Chen, Rui Ge and Leon Zolotoy
City University of Hong Kong (CityU) - Department of Accountancy, Shenzhen University - Shenzhen Audencia Business School and University of Melbourne - Melbourne Business School
Downloads 74 (424,295)

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Pension Plans, Audit Pricing, Audit Effort, Audit Risk, Earnings Management.

19.

Anti-Collusion Leniency Programs and the Pricing of IPOs: International Evidence

Number of pages: 59 Posted: 09 Feb 2022 Last Revised: 17 Mar 2022
Huu Nhan Duong, Abhinav Goyal and Leon Zolotoy
Monash University - Department of Banking and Finance, University College Cork and University of Melbourne - Melbourne Business School
Downloads 58 (480,456)

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Leniency legislations, IPO underpricing, Information asymmetry, Agency frictions

20.

What Cost of Capital Should You Use? The Market Has an Answer

Journal of Applied Corporate Finance, Vol. 28, Issue 3, pp. 95-102, 2016
Number of pages: 10 Posted: 30 Nov 2016
Leon Zolotoy and A. Andrew John
University of Melbourne - Melbourne Business School and Melbourne Business School
Downloads 5 (812,462)

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21.

Earnings Surprise Implicit in Stock Prices: Which Earnings Forecasting Models are Investors Using and What Determines Their Choice?

Journal of Business Finance & Accounting, Vol. 39, Issue 9‐10, pp. 1161-1179, 2012
Number of pages: 19 Posted: 12 Jan 2013
Leon Zolotoy
University of Melbourne - Melbourne Business School
Downloads 1 (857,097)
Citation 2

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earnings surprise, earnings forecasting, stock returns, forecast accuracy

22.

The Spillover Effects of Accounting Scandals in Business Groups

Posted: 10 Jan 2022
Guilong Cai, Rui Ge, Jeffrey Pittman and Leon Zolotoy
Sun Yat-sen University (SYSU), Shenzhen University - Shenzhen Audencia Business School, Memorial University of Newfoundland (MNU) - Faculty of Business Administration and University of Melbourne - Melbourne Business School

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Business groups, accounting scandals, spillover effects, agency conflicts

23.

Coskewness Risk Decomposition, Covariation Risk, and Intertemporal Asset Pricing

Journal of Financial and Quantitative Analysis (JFQA), Forthcoming
Posted: 11 Sep 2017 Last Revised: 31 Jan 2019
Petko S. Kalev, Konark Saxena and Leon Zolotoy
La Trobe Business School, University of New South Wales and University of Melbourne - Melbourne Business School

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Asset pricing; coskewness risk; cash flow news; discount rate news; covariation risk