This is a bibliography (a note written by the professor below) introduced to me by a professor (American doctor) in my school, mainly in finance, focusing on Corporate Finance, not simply listed, and basically all are valuable articles. . It is mainly provided to friends who want to do academics. It is definitely necessary to read a large number of articles in academics, not non-academics.If you like it, please give me a try, thank you!
BooksFama, Eugene. 1976. "Foundations of Finance". New York: Basic Books. (I think it is the most classic book. Well written, spoken clearly, methodically, and interesting to read. Especially for students with poor foundation , Not to be read.)Fama, Eugene., And Miller, Merton. 1972. "The Theory of Finance". Holt, Rinehart and Winston. (Another Fama book. It is also a classic, but there is no impression.)Campbell, J., Lo, A., and MacKinlay, A. 1997. “The Econometrics of Financial Markets”. Princeton: PrincetonUniversity Press. Cochrane, John, 2001. "Asset Pricing". Princeton: Princeton University Press. Chapters are enough. I do n’t quite understand why this book is so popular in China, is it possible that Chinese students do Asset pricing? I hope not to get the same results as big steelmaking.)R. Haugen. "Modern Investment Theory". Upper Saddle RiverNJ: Prentice-Hall, Inc. (There are books of a certain difficulty, I don't know how many editions are available now.)Elton, E., and Gruber, M. 1995. “Modern Portfolio Theory and Investment Analysis”, 5th Edition. New York: John Wiley & Sons, Inc. (It ’s not easy.)Smith, C. 1990. "The Modern Theory of Corporate Finance". 2nd-edition. McGraw-Hill. (More useful for corporate finance. This book is actually a collection of earlier and more classic corporate finance articles. It's a bit like "XX Digest Digest Edition." It's not very valuable now, because many of the articles included in it are in the List.
Asset Pricing, Long-term Performance and Market Efficiency(I'm not good at this, pick what I know to write.)Cochrane, John. "New Facts in Finance". Federal Reserve Bank of Chicago. (This is an easy-to-read version. Suitable for people who want to learn about this area and don't want to read a lot of math.)Breeden, Douglas T. 1979. "An Intertemporal Asset Pricing Model with Stochastic Consumption and Investment Opportunities". Journal of Financial Economics 7, 265-296. (It doesn't matter if you don't understand mathematics, the key is to understand intuition.)Merton, Robert. 1973. "An Intertemporal Capital Asset Pricing Model". Econometrica 41, 265-296. (This is the same, pay attention to the model's intuition.)Ross, S. 1976, “The Arbitrage Theory of Capital Asset Pricing,” Journal of Economic Theory 13, 341-360.Sharpe, W. 1964. “Capital Asset Prices: A Theory of Market Equilibrium Under Conditions of Risk”. Journal of Finance 19, 425-442.Black, F. 1972. "Capital Market Equilibrium with Restricted Borrowing," Journal of Business 45, 444-455.Fama, E. 1991. "Efficient Capital Markets: II". Journal of Finance 46, 1575-1617. (A very long article with many contents, it was painful to read at the time.)Fama, E. 1970. “Efficient Capital Markets: A Review of Theory and Empirical Work”. Journal of Finance, 383-417.Chordia, Tarun., and Swaminathan, Bhaskaran. 2000. “Trading Volume and Cross-autocorrelations in Stock Returns”. Journal of Finance 55, 913-935. Narasimhan, Jegadeesh., and Titman, Sheridan. 2001. “Profitability of Momentum Strategies: An Evaluation of Alternative Explanations”. Journal of Finance 56, 699-720.Fama, E. and MacBeth, J. 1973. “Risk, Return, and Equilibrium: Empirical Tests”. Journal of Political Economy 91, 607-636. (The source of the famous Fama-MacBeth regression. However, Economists do n’t seem to buy This account, I think this method does not make econometric sense. I also share the same feeling. Panel data and so on are now so developed, why are you still holding this kind of econometrics not advanced method?)Chen, N., Roll, R., and Ross, S. 1986. “Economic Forces and the Stock Market: Testing the APT and Alternative Asset Pricing Theories”. Journal of Business 59, 383-403. (It ’s called testing APT , In fact, it is more like testing CAPM. It is very famous, and you will know after reading it.)Fama, E. and French, K. 1989. “Business Conditions and Expected Returns on Stocks and Bonds”. Journal of Financial Economics 25, 23-50. Fama, E. and French, K. 1992. “The Cross-Section of Expected Stock Returns”. Journal of Finance 47,? 427-465. Fama, E. and French, K. 1993. "Common Risk Factors in the Returns on Stocks and Bonds". Journal of Financial Economics 33, 3-56. (These three are Fama-French's classic trilogy. Three- This is the factor model, five-factor model. Pontiff once complained that when he was a student in Rochester, he wanted to make a similar paper, but the teachers told him "You can't, because there is no theory ... "It was not until I saw the Fama-French paper that I sighed," As long as people are famous, it doesn't matter if they have theory ".)Kothari, S.P., Shanken, J., and Sloan, R. 1995. “Another Look at the Cross-Section of Expected Stock Returns”. Journal of Finance 50, 185-224. Lakonishok, J., Shleifer, A., and Vishny, R. 1994. “Contrarian Investment, Extrapolation, and Risk”. Journal of Finance 49, 1541-1578. Chan, L., Jegadeesh, N., and Lakonishok, J. 1995. “Evaluating the Performance of Value Versus Glamour Stocks: The Impact of Selection Bias”. Journal of Financial Economics 38, 269-296.Lo, A. W., and MacKinlay, A. 1990. “Data-Snooping Biases in Tests of Financial Asset Pricing Models”. Review of Financial Studies, 3, 431-467. Lewellen J. 1999. "The Time-Series Relations among Expected Returns". Journal of Financial Economics 54, 5-43. , Belongs to the kind of people who have excellent communication skills.)Lewellen J., and Shanken, J. 2002. “Learning, Asset-Pricing Tests, and Market Efficiency”. Journal of Finance, 1113-1145.Miller, Edward. 1977. “Risk, Uncertainty, and Divergence of Opinion”. Journal of Finance 32, 11651-1168. Jones, Charles M., and Lamont, Owen. 2002. “Short Sales Constraints and Stock Returns”. Journal of Financial Economics, 207-239.Chen, Joseph., Hong, H., and Stein, J. 2002. “Breadth of Ownership and Stock Returns” Journal of Financial Economics, 171-205.Dechow, Patricia., Hutton, A., Muelbroek, L., and Sloan, R. 2001. "Short Sellers, Fundamental Analysis, and Stock Returns". Journal of Financial Economics 61, 77-106. (Dechow and Sloan are both Accountant. It is said that because of too much cooperation, the two came together.)Dichev, Ilia D., and Piotroski, J. 2001. “The Long-run Stock Returns Following Bond Ratings Changes”. Journal of Finance 56, 173-203. Ikenberry, David., and Ramnath, Sundaresh. 2002, “Underreaction to Self-selected News Events: The Case of Stock-splits”. Review of Financial Studies 15, 489-526. Titman, Sheridan. 2002. “Discussion of ‘Underreaction to Self-selected News Events: The Case of Stock-splits”. Review of Financial Studies 15, 527-531. Lakonishok, J., and Smidt, S. 1988. “Are Seasonal Anomalies Real? A Ninety-Year Perspective”. Review of Financial Studies 1, 403-427.Lo, A., and MacKinlay, C. 1988. “Stock Market Prices Do Not Follow Random Walks: Evidence from a Simple Specification Test”. Review of Financial Studies 1, 41-66.Keim, D., and Stambaugh, R. 1986. “Predicting Returns in the Stock and Bond Markets”. Journal of Financial Economics 17, 357-390. Ferson, W., and Harvey, C. 1991. “The Variation of Economic Risk Premiums”. Journal of Political Economy 99, 385-415.Conrad, J., and Kaul, G. 1988, “Time Variation in Expected Returns”. Journal of Business, 409-426.Loughran, T., and Ritter, J. 1996, “Long-Term Market Overreaction: The Effect of Low-Priced Stocks”. Journal of Finance, 1959-1970.Boudoukh, J., Richardson, M., and Whitelaw, R. 1994. “A Tale of Three Schools: Insights on Autocorrelations of Short-Horizon Stock Returns”. Review of Financial Studies, 539-573.Jegadeesh, Narasimhan., and Titman, Sheridan. 1993, “Returns to Buying Winners and Selling Losers: Implications for Stock Market Efficiency”. Journal of Finance 48, 65-91.Daniel, K., and Titman, S. 1997. “Evidence of the Characteristics of Cross Sectional Variation in Stock Returns”. Journal of Finance, 1-33.Jegadeesh, N., and Titman, S. 2001. "Profitability of Momentum Strategies: An Evaluation of Alternative Explanations". Journal of Finance 56, 699-720.Lakonishok, J., Shleifer, A., and Vishny, R. 1994. “Contrarian Investment, Extrapolation, and Risk”. Journal of Finance 49, 1541-1578. Grinblatt, M., and Titman, S. 1989. “Portfolio Performance Evaluation: Old Issues and New Insights”. Review of Financial Studies 2, 393-422. Brown, S., Goetzmann, W., Ibbotson, R., and Ross, S. 1992. “Survivorship Bias in Performance Studies”. Review of Financial Studies 5, 553-580. Fama, Eugene., and French, Kenneth. 1996. “Multifactor Explanations of Asset-pricing Anomalies”. Journal of Finance 51, 55-84. Breeden, D., Gibbons, M., and Litzenberger, R. 1989. “Empirical Tests of the Consumption Oriented CAPM”. Journal of Finance 44, 231-262. Chan, K. C., Chen, N., and Hsieh, D. 1985. “An Exploratory Investigation of the Firm Size Effect”. Journal of Financial Economics 14, 451-471.Amihud, Y., and Mendelson, H. 1986. “Asset Pricing and the Bid-Ask Spread”. Journal of Financial Economics 17, 223-249. Ritter, J. 1991. "The Long-Run Performance of Initial Public Offerings". Journal of Finance, 3-27. (Ritter is the founder of long-term performance, mentioning Ritter. Long-term performance must mention Ritter. In addition, he Everyone who is also an IPO, if you are interested in IPO, you can go to his website.)Loughran, T., and Ritter, J. 1995. "The New Issues Puzzle". Journal of Finance, 23-51. (It is an enhanced version of the previous article.)Schultz, P. 2003. "Pseudo Market Timing and the Long-Run Underperformance of IPOs," Journal of Finance 58, 483-518. (In the mid-1990s, the issue of long-term performance measurement was heated up until now. )Barber, B., and Lyon, J. 1996. “Detecting Abnormal Operating Performance: The Empirical Power and Specification of Test Statistics”. Journal of Financial Economics 41, 359-99.BankingDiamond, Douglas W., and Dybvig, Philip H. 1983. "Bank Runs, Deposit Insurance, and Liquidity", Journal of Political Economy, 91, 401-419. (The classic in Banking, although I am not doing banking, but (Think it must be read)Diamond, Douglas W. 1997. “Liquidity, Banks, and Markets”, Journal of Political Economy, 105, 928-956.Calomiris, Charles W., and Kahn, Charles. 1991. “The Role of Demandable Debt in Structuring Optimal Banking Arrangements”. American Economic Review 81, 497-513.Kashyap, Anil K., Rajan, Raghuram., and Stein, Jeremy C. 2002. “Banks as Liquidity Providers: An Explanation for the Coexistence of Lending and Deposit-taking”. Journal of Finance 57, 33-73.Allen, Franklin., and Gale, Douglas. 1998. “Optimal Financial Crises”. Journal of Finance, 53, 1245-1284.Allen, Franklin. 2001. “Presidential Address: Do Financial Institutions Matter?”. Journal of Finance, 56, 1165 - 1175.Allen, Franklin., and Santomero, Anthony M. 1998. “The Theory of Financial Intermediation”, Journal of Banking and Finance, 21, 1461-1485.Billett, Matthew T., Flannery, Mark J., and Garfinkel, Jon A. 1995. “The Effect of Lender Identity on a Borrowing Firm's Equity Return”. Journal of Finance, 50, 699-718.