Vikas Agarwal

Georgia State University

Dr.

35 Broad Street,

Suite 1221

Atlanta, GA 30303-3083

United States

http://vagarwal.gsucreate.org/

University of Cologne - Centre for Financial Research (CFR)

Albertus-Magnus Platz

Cologne, 50923

Germany

  • Georgia State University

    • Email
    • Tel: 404-413-7326
    • Fax: 404-413-7312
SCHOLARLY PAPERS

43

DOWNLOADS
Rank 796

SSRN RANKINGS

Top 796

in Total Papers Downloads

41,781

SSRN CITATIONS
Rank 2,065

SSRN RANKINGS

Top 2,065

in Total Papers Citations

308

CROSSREF CITATIONS

311

Scholarly Papers (43)

Actions:
Email selected abstracts
1.

On Taking the 'Alternative' Route: Risks, Rewards, Style and Performance Persistence of Hedge Funds

Number of pages: 39 Posted: 25 Feb 1999
Vikas Agarwal and Narayan Y. Naik
Georgia State University and London Business School - Institute of Finance and Accounting
Downloads 3,876 (3,659)
Citation 51

Abstract:

Loading...

2.

Performance Evaluation of Hedge Funds with Option-Based and Buy-and-Hold Strategies

Number of pages: 51 Posted: 04 Oct 2000
Vikas Agarwal and Narayan Y. Naik
Georgia State University and London Business School - Institute of Finance and Accounting
Downloads 3,329 (4,755)
Citation 50

Abstract:

Loading...

3.

Risk and Return in Convertible Arbitrage: Evidence from the Convertible Bond Market

Journal of Empirical Finance, Forthcoming
Number of pages: 57 Posted: 15 Aug 2008 Last Revised: 15 Jan 2011
Vikas Agarwal, William Fung, Yee Cheng Loon and Narayan Y. Naik
Georgia State University, PI Asset Management, LLC, Securities and Exchange Commission (SEC) and London Business School - Institute of Finance and Accounting
Downloads 2,971 (5,777)
Citation 4

Abstract:

Loading...

Hedge Funds, Convertible Bonds, Convertible Arbitrage, Supply, Risk Factors

4.

Hedge Funds: A Survey of the Academic Literature

Foundations and Trends in Finance, Forthcoming
Number of pages: 120 Posted: 27 Aug 2015
Vikas Agarwal, Kevin Mullally and Narayan Y. Naik
Georgia State University, University of Central Florida and London Business School - Institute of Finance and Accounting
Downloads 2,938 (5,876)
Citation 2

Abstract:

Loading...

Hedge Funds, Alternative Investments, Long/Short

5.

Flows, Performance, and Managerial Incentives in Hedge Funds

Number of pages: 44 Posted: 03 Nov 2003
Vikas Agarwal, Naveen D. Daniel and Narayan Y. Naik
Georgia State University, Drexel University - Department of Finance and London Business School - Institute of Finance and Accounting
Downloads 2,653 (6,894)
Citation 78

Abstract:

Loading...

6.

Multi-Period Performance Persistence Analysis of Hedge Funds

Downloads 2,165 ( 9,554)

Multi-Period Performance Persistence Analysis of Hedge Funds

Number of pages: 27 Posted: 23 Feb 2000
Vikas Agarwal and Narayan Y. Naik
Georgia State University and London Business School - Institute of Finance and Accounting
Downloads 2,165 (9,386)
Citation 27

Abstract:

Loading...

Multi-Period Performance Persistence Analysis of Hedge Funds

Posted: 09 Mar 2001
Vikas Agarwal and Narayan Y. Naik
Georgia State University and London Business School - Institute of Finance and Accounting

Abstract:

Loading...

Hedge funds, performance, persistence

7.

Volatility of Aggregate Volatility and Hedge Fund Returns

Journal of Financial Economics, Vol. 125, No. 3, 491-510, 2017
Number of pages: 64 Posted: 29 Sep 2014 Last Revised: 09 Aug 2019
Vikas Agarwal, Yakup Eser Arısoy and Narayan Y. Naik
Georgia State University, NEOMA Business School and London Business School - Institute of Finance and Accounting
Downloads 1,838 (12,498)
Citation 11

Abstract:

Loading...

Uncertainty, volatility of volatility, hedge funds, performance

8.

Uncovering Hedge Fund Skill from the Portfolio Holdings They Hide

Journal of Finance, Forthcoming
Number of pages: 78 Posted: 21 Mar 2011 Last Revised: 14 Nov 2013
Vikas Agarwal, Wei Jiang, Yuehua Tang and Baozhong Yang
Georgia State University, Columbia University - Columbia Business School, Finance, University of Florida - Department of Finance and Georgia State University - Robinson College of Business
Downloads 1,814 (12,775)
Citation 40

Abstract:

Loading...

Confidential treatment, ownership disclosure, 13F holdings, hedge funds

9.

Role of Managerial Incentives and Discretion in Hedge Fund Performance

Journal of Finance, Forthcoming
Number of pages: 53 Posted: 08 Mar 2006 Last Revised: 11 Oct 2008
Vikas Agarwal, Naveen D. Daniel and Narayan Y. Naik
Georgia State University, Drexel University - Department of Finance and London Business School - Institute of Finance and Accounting
Downloads 1,725 (13,838)
Citation 88

Abstract:

Loading...

Hedge Funds, Managerial Incentives, Discretion, Performance, Delta, Lockup Period

10.

Window Dressing in Mutual Funds

The Review of Financial Studies, Forthcoming
Number of pages: 62 Posted: 09 Apr 2011 Last Revised: 17 Jun 2014
Vikas Agarwal, Gerald D. Gay and Leng Ling
Georgia State University, Georgia State University - Department of Finance and Georgia College & State University
Downloads 1,319 (20,813)
Citation 29

Abstract:

Loading...

Mutual funds, Window dressing, Portfolio disclosure, Fund flows

11.

Hedge Funds for Retail Investors? An Examination of Hedged Mutual Funds

Journal of Financial and Quantitative Analysis (JFQA), Vol. 44, No. 2, 2009
Number of pages: 47 Posted: 19 Mar 2006 Last Revised: 04 Dec 2012
Nicole M. Boyson, Vikas Agarwal and Narayan Y. Naik
Northeastern University - D’Amore-McKim School of Business, Georgia State University and London Business School - Institute of Finance and Accounting
Downloads 1,314 (20,939)
Citation 3

Abstract:

Loading...

Hedge funds, mutual funds, hedged mutual funds, hybrid mutual funds

12.

Do Higher-Moment Equity Risks Explain Hedge Fund Returns?

Robert H. Smith School Research Paper No. RHS 06-153
Number of pages: 54 Posted: 21 Mar 2008 Last Revised: 30 Jan 2011
Vikas Agarwal, Gurdip Bakshi, Gurdip Bakshi and Joop Huij
Georgia State University, Temple University - Fox School of Business and ManagementFox School of Business and Erasmus University - Rotterdam School of Management
Downloads 1,164 (25,053)
Citation 31

Abstract:

Loading...

volatility risk, skewness risk, kurtosis risk, higher moments, exposures, hedge funds, alphas

13.

Do ETFs Increase the Commonality in Liquidity of Underlying Stocks?

28th Annual Conference on Financial Economics and Accounting, Fifth Annual Conference on Financial Market Regulation 2018
Number of pages: 53 Posted: 13 Jul 2017 Last Revised: 11 Dec 2018
Vikas Agarwal, Paul Hanouna, Rabih Moussawi and Christof W. Stahel
Georgia State University, Villanova University - School of Business, Villanova University - Department of Finance and Investment Company Institute
Downloads 1,027 (30,013)
Citation 19

Abstract:

Loading...

Exchange traded funds, commonality in liquidity, authorized participants, arbitrage, institutional ownership, trading halts, index reconstitution, liquidity risk

14.

Private Company Valuations by Mutual Funds

Review of Finance, Forthcoming
Number of pages: 64 Posted: 08 Nov 2017 Last Revised: 22 Apr 2022
Vikas Agarwal, Brad M. Barber, Si Cheng, Allaudeen Hameed and Ayako Yasuda
Georgia State University, University of California, Davis, Chinese University of Hong Kong - Department of Finance, National University of Singapore (NUS) - Department of Finance and University of California, Davis - Graduate School of Management
Downloads 1,002 (31,085)
Citation 2

Abstract:

Loading...

Mutual funds, Venture capital, Private valuation, Stale prices, Financial fragility

15.

Alpha or Beta in the Eye of the Beholder: What Drives Hedge Fund Flows?

Journal of Financial Economics (JFE), Forthcoming, Hong Kong University of Science & Technology, HKUST Finance Symposium 2016: Active Investing and Arbitrage Capital
Number of pages: 81 Posted: 12 Aug 2015 Last Revised: 02 May 2017
Vikas Agarwal, T. Clifton Green and Honglin Ren
Georgia State University, Emory University - Department of Finance and Renmin University of China - School of Business
Downloads 967 (32,687)
Citation 11

Abstract:

Loading...

Hedge Funds, Investor Flows, Alpha, Alternative Beta, Exotic Beta

16.

Do Hedge Funds Manage Their Reported Returns?

The Review of Financial Studies, Forthcoming
Number of pages: 59 Posted: 16 Mar 2006 Last Revised: 08 Jan 2011
Vikas Agarwal, Naveen D. Daniel and Narayan Y. Naik
Georgia State University, Drexel University - Department of Finance and London Business School - Institute of Finance and Accounting
Downloads 963 (32,853)
Citation 13

Abstract:

Loading...

Hedge Funds, Incentives, Returns Management, December effect

17.

Mutual Fund Transparency and Corporate Myopia

Review of Financial Studies (Forthcoming)
Number of pages: 80 Posted: 08 Feb 2016 Last Revised: 02 Sep 2017
Vikas Agarwal, Rahul Vashishtha and Mohan Venkatachalam
Georgia State University, Duke University and Duke University - Fuqua School of Business
Downloads 891 (36,672)
Citation 21

Abstract:

Loading...

myopia, short-termism, innovation, mutual fund transparency, mutual fund portfolio disclosure, fund managers

18.

Why Do Mutual Funds Hold Lottery Stocks?

Georgetown McDonough School of Business Research Paper No. 3164692, Journal of Financial and Quantitative Analysis, Forthcoming
Number of pages: 56 Posted: 18 Apr 2018 Last Revised: 07 Oct 2020
Vikas Agarwal, Lei Jiang and Quan Wen
Georgia State University, Tsinghua University and Georgetown University - Department of Finance
Downloads 871 (37,886)
Citation 4

Abstract:

Loading...

lottery stocks, risk shifting, fund performance, investor flows, stock mispricing

19.

Tail Risk in Hedge Funds: A Unique View from Portfolio Holdings

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 74 Posted: 02 Nov 2014 Last Revised: 13 Aug 2016
Vikas Agarwal, Stefan Ruenzi and Florian Weigert
Georgia State University, University of Mannheim - Department of International Finance and University of Neuchatel - Institute of Financial Analysis
Downloads 791 (43,186)
Citation 19

Abstract:

Loading...

Hedge Funds, Tail Risk, Portfolio Holdings, Funding Liquidity Risk, Leverage

20.

Common Factors in Analysts’ Earnings Revisions: The Role of Changing Economic Conditions

Number of pages: 44 Posted: 18 Mar 2012
Vikas Agarwal and Dieter Hess
Georgia State University and University of Cologne - Department of Corporate Finance
Downloads 752 (46,242)
Citation 4

Abstract:

Loading...

earnings forecasts, equity analysts, forecast accuracy, macroeconomic news, business conditions

21.

Political Uncertainty and Household Stock Market Participation

Journal of Financial and Quantitative Analysis--forthcoming, AFA 2019 Annual Meeting Paper, 29th Annual Conference on Financial Economics & Accounting 2018, 2019 Academic Research Colloquium for Financial Planning and Related Disciplines
Number of pages: 49 Posted: 10 Nov 2017 Last Revised: 20 Apr 2021
Vikas Agarwal, Hadiye Aslan, Lixin Huang and Honglin Ren
Georgia State University, Georgia State University - Department of Finance, Georgia State University and Renmin University of China - School of Business
Downloads 691 (51,861)
Citation 5

Abstract:

Loading...

Political uncertainty, Stock market participation, Portfolio choice, Labor income risk, Asset risk

22.

Intertemporal Variation in the Performance of Hedge Funds Employing a Contingent-Claim-Based Benchmark

Number of pages: 47 Posted: 26 Mar 2001
Vikas Agarwal
Georgia State University
Downloads 684 (52,455)
Citation 5

Abstract:

Loading...

23.

Inferring Reporting-Related Biases in Hedge Fund Databases from Hedge Fund Equity Holdings

Management Science, Forthcoming
Number of pages: 33 Posted: 18 Jan 2010 Last Revised: 13 Jul 2014
Vikas Agarwal, Vyacheslav Fos and Wei Jiang
Georgia State University, Boston College - Department of Finance and Columbia University - Columbia Business School, Finance
Downloads 656 (55,395)
Citation 40

Abstract:

Loading...

hedge funds, mandatory and voluntary disclosure, selection and reporting biases

24.

Mandatory Portfolio Disclosure, Stock Liquidity, and Mutual Fund Performance

Journal of Finance, Forthcoming
Number of pages: 97 Posted: 07 May 2013 Last Revised: 10 May 2014
Vikas Agarwal, Kevin Mullally, Yuehua Tang and Baozhong Yang
Georgia State University, University of Central Florida, University of Florida - Department of Finance and Georgia State University - Robinson College of Business
Downloads 543 (70,363)
Citation 4

Abstract:

Loading...

Portfolio disclosure, Stock liquidity, Mutual funds, Fund performance

25.

Interfund Lending in Mutual Fund Families: Role in Liquidity Management

Review of Financial Studies, Forthcoming
Number of pages: 68 Posted: 16 Aug 2015 Last Revised: 28 Dec 2018
Vikas Agarwal and Haibei Zhao
Georgia State University and Lehigh University - College of Business
Downloads 519 (74,396)
Citation 5

Abstract:

Loading...

interfund lending, fire sales, financial fragility, liquidity management

26.

Managerial Multitasking in the Mutual Fund Industry

Number of pages: 41 Posted: 16 Aug 2011 Last Revised: 20 Mar 2019
Vikas Agarwal, Linlin Ma and Kevin Mullally
Georgia State University, Peking University HSBC Business School and University of Central Florida
Downloads 511 (76,016)
Citation 5

Abstract:

Loading...

Mutual Fund, Fund Manager, Multitasking, Fund Performance, Agency Problems

27.

Liquidity Transformation and Financial Fragility: Evidence from Funds of Hedge Funds

Number of pages: 50 Posted: 11 Mar 2015 Last Revised: 15 May 2018
Vikas Agarwal, George O. Aragon and Zhen Shi
Georgia State University, Arizona State University (ASU) - Finance Department and Georgia State University
Downloads 502 (77,522)
Citation 3

Abstract:

Loading...

funds of hedge funds, liquidity transformation, asset liability management, investor fragility, cash holdings

28.

Eponymous Hedge Funds

Number of pages: 70 Posted: 02 Aug 2021 Last Revised: 06 Apr 2022
Vikas Agarwal, Yakup Eser Arısoy and Tri Trinh
Georgia State University, NEOMA Business School and NEOMA Business School
Downloads 437 (91,409)

Abstract:

Loading...

Eponymy, hedge funds, performance, signaling, reputation, trust, ethics, integrity.

29.

Unobserved Performance of Hedge Funds

University of St.Gallen, School of Finance Research Paper No. 2018/25
Number of pages: 67 Posted: 28 Dec 2018 Last Revised: 30 Aug 2021
Vikas Agarwal, Stefan Ruenzi and Florian Weigert
Georgia State University, University of Mannheim - Department of International Finance and University of Neuchatel - Institute of Financial Analysis
Downloads 429 (93,464)

Abstract:

Loading...

Hedge Fund Skill, Confidential Holdings, Derivative Usage, Short Selling, Unobserved Performance

30.

Are Hedge Fund Managers’ Charitable Donations Strategic?

Journal of Corporate Finance, Forthcoming
Number of pages: 60 Posted: 14 Dec 2015 Last Revised: 11 Dec 2020
Vikas Agarwal, Yan Lu and Sugata Ray
Georgia State University, University of Central Florida - College of Business Administration and University of Alabama - Department of Economics, Finance and Legal Studies
Downloads 317 (130,885)
Citation 1

Abstract:

Loading...

Hedge funds, Philanthropy, Trust, Charitable Donations, Capital Formation, Corporate Social Responsibility (CSR)

31.

Institutional Investment and Intermediation in the Hedge Fund Industry

Number of pages: 47 Posted: 02 Jul 2013
Vikas Agarwal, Vikram K. Nanda and Sugata Ray
Georgia State University, University of Texas at Dallas - School of Management - Department of Finance & Managerial Economics and University of Alabama - Department of Economics, Finance and Legal Studies
Downloads 311 (133,522)
Citation 8

Abstract:

Loading...

Institutional investors, intermediation, hedge funds, investment consultants, funds of hedge funds

32.

Determinants and Implications of Fee Changes in the Hedge Fund Industry

AFA 2013 San Diego Meetings Paper
Number of pages: 44 Posted: 19 Mar 2012 Last Revised: 11 Nov 2012
Vikas Agarwal and Sugata Ray
Georgia State University and University of Alabama - Department of Economics, Finance and Legal Studies
Downloads 273 (152,906)
Citation 4

Abstract:

Loading...

hedge fund fees, management fee, incentive fee, high watermark, performance, capital flows

33.

Redemption in Kind and Mutual Fund Liquidity Management

Number of pages: 71 Posted: 01 Apr 2020 Last Revised: 18 Jan 2022
Vikas Agarwal, Honglin Ren, Ke Shen and Haibei Zhao
Georgia State University, Renmin University of China - School of Business, Lehigh University - College of Business and Lehigh University - College of Business
Downloads 269 (155,208)

Abstract:

Loading...

redemption in kind, mutual funds, liquidity management, financial fragility, tax overhang

34.

The Role of Hedge Funds as Primary Lenders

Review of Derivatives Research, Forthcoming
Number of pages: 27 Posted: 29 Apr 2010 Last Revised: 24 Jan 2011
Vikas Agarwal and Costanza Meneghetti
Georgia State University and Colorado State University, Fort Collins - Department of Finance & Real Estate
Downloads 244 (170,933)
Citation 2

Abstract:

Loading...

Hedge funds, loan, lending relationship

35.

Under One Roof: A Study of Simultaneously Managed Hedge Funds and Funds of Hedge Funds

Number of pages: 43 Posted: 27 Aug 2013 Last Revised: 12 Feb 2014
Vikas Agarwal, Yan Lu and Sugata Ray
Georgia State University, University of Central Florida - College of Business Administration and University of Alabama - Department of Economics, Finance and Legal Studies
Downloads 231 (180,197)
Citation 2

Abstract:

Loading...

hedge funds, funds of hedge funds (FOF), simultaneous management

36.

What Happens 'Before the Birth' and 'After the Death' of a Hedge Fund?

Bankers, Markets & Investors, Forthcoming
Number of pages: 18 Posted: 14 Jul 2014
Vikas Agarwal, Vyacheslav Fos and Wei Jiang
Georgia State University, Boston College - Department of Finance and Columbia University - Columbia Business School, Finance
Downloads 193 (212,914)

Abstract:

Loading...

database biases, self-selection bias, reporting bias, timing bias, hedge funds, mandatory and voluntary disclosure

37.

Incentive Realignment: Mutual Funds’ Influence on Executive Compensation Contracts

Number of pages: 50 Posted: 16 Feb 2021 Last Revised: 30 Mar 2021
Vikas Agarwal, Sean Cao, Shawn X. Huang and Min Kim
Georgia State University, Georgia State University - J. Mack Robinson College of Business, Arizona State University (ASU) - School of Accountancy and Sogang University
Downloads 161 (248,545)
Citation 2

Abstract:

Loading...

Mutual Funds, Corporate Governance, Executive Compensation, Pay Duration, Incentive Horizon

38.

Extreme Stress and Investor Behavior: Evidence from a Natural Experiment

Number of pages: 71 Posted: 03 Sep 2019
Vikas Agarwal, Pulak Ghosh and Haibei Zhao
Georgia State University, Indian Institute of Management (IIMB), Bangalore and Lehigh University - College of Business
Downloads 160 (249,853)

Abstract:

Loading...

individual investors, stress, cognitive ability, trading, violence

39.

Anticipatory Trading Against Distressed Mega Hedge Funds

Number of pages: 51 Posted: 09 Aug 2021 Last Revised: 01 Feb 2022
Vikas Agarwal, George O. Aragon, Vikram K. Nanda and Kelsey D. Wei
Georgia State University, Arizona State University (ASU) - Finance Department, University of Texas at Dallas - School of Management - Department of Finance & Managerial Economics and University of Texas at Dallas
Downloads 102 (349,177)

Abstract:

Loading...

Hedge funds, Anticipatory trading, Front-running, Mega hedge funds, Fire sales

40.

Income Taxes and Managerial Incentives: Evidence from Hedge Funds

Number of pages: 57 Posted: 24 Jul 2021 Last Revised: 23 Nov 2021
Vikas Agarwal, Gary Chen, Zhen Shi and Bin Wang
Georgia State University, University of Illinois at Chicago, Georgia State University and Marquette University - College of Business Administration
Downloads 94 (367,804)

Abstract:

Loading...

hedge funds; personal income taxes; performance; incentives

41.

Management Compensation and Market Timing under Portfolio Constraints

Journal of Economic Dynamics and Control, Vol. 36, No. 10, 2012
Number of pages: 41 Posted: 25 Mar 2008 Last Revised: 17 Mar 2015
Vikas Agarwal, Juan-Pedro Gomez and Richard Priestley
Georgia State University, IE Business School - IE University and Norwegian Business School
Downloads 69 (439,938)
Citation 1

Abstract:

Loading...

Market Timing, Incentive Fee, Benchmarking, Portfolio Constraints

42.

Hedge Funds

Foundations and Trends in Finance, Vol. 1, No. 2, 2005
Number of pages: 68 Posted: 24 Jun 2010
Vikas Agarwal and Narayan Y. Naik
Georgia State University and London Business School - Institute of Finance and Accounting
Downloads 15 (722,072)
  • Add to Cart

Abstract:

Loading...

43.

Risks and Portfolio Decisions Involving Hedge Funds

Posted: 21 Apr 2003
Vikas Agarwal and Narayan Y. Naik
Georgia State University and London Business School - Institute of Finance and Accounting

Abstract:

Loading...

hedge funds, option-based trading strategies, conditional Value-at-Risk, tail risk and multifactor models