• Analysts herding: when does sentiment matter? 

      Blasco de las Heras, Natividad; Corredor Casado, María Pilar Upna Orcid; Ferrer Zubiate, Elena Upna Orcid (Routledge, 2018)   Artículo / Artikulua  OpenAccess
      Herding among analysts emerges when analysts give priority to their peers’ opinions instead of their own beliefs or information. Some circumstances may enhance or restrain this type of behaviour. We postulate that market ...
    • Can agents sensitive to cultural, organizational and environmental issues avoid herding? 

      Blasco de las Heras, Natividad; Corredor Casado, María Pilar Upna Orcid; Ferreruela Garcés, Sandra (Elsevier, 2017)   Artículo / Artikulua  OpenAccess
      Our findings indicate that herding behavior is affected not only by the cultural variables already discussed in the literature but also by other variables associated with organizational and environmental issues such as ...
    • Does family ownership always reduce default risk? 

      Abinzano Guillén, María Isabel Upna Orcid; Corredor Casado, María Pilar Upna Orcid; Martínez García, Beatriz Upna Orcid (WileyAccounting and Finance Association of Australia and New Zealand, 2021)   Artículo / Artikulua  OpenAccess
      This paper analyses the effect of family ownership on the outcome of the firm’s risk‐taking activities, measured by the company’s default risk. We show that family ownership reduces the probability of default, which is ...
    • Is there an expiration effect in the bitcoin market? 

      Blasco de las Heras, Natividad; Corredor Casado, María Pilar Upna Orcid; Satrústegui, N. (Elsevier, 2023)   Artículo / Artikulua  OpenAccess
      This paper studies the monthly expiration effect in the bitcoin markets. The emergence of trading in bitcoin futures in regulated markets is an ideal occasion to test this effect on an asset with singular characteristics. ...
    • Measuring credit risk in family firms 

      Abinzano Guillén, María Isabel Upna Orcid; Corredor Casado, María Pilar Upna Orcid; Martínez García, Beatriz Upna Orcid (SAGE, 2020)   Artículo / Artikulua  OpenAccess
      This article attempts to identify the default risk measure which best reflects the idiosyncratic context of public family firms. Seven accounting- and market-based measures are compared over a sample of 981 US family and ...
    • The role of sentiment and stock characteristics in the translation of analysts’ forecasts into recommendations 

      Corredor Casado, María Pilar Upna Orcid; Ferrer Zubiate, Elena Upna Orcid; Santamaría Aquilué, Rafael Upna Orcid (Elsevier, 2019)   Artículo / Artikulua  OpenAccess
      The purpose of this paper is to further understanding of the determinants of analysts’ translational effectiveness and, specifically, the role of stock characteristics in the impact of sentiment in the translation of ...
    • Sovereign debt holdings and banks’ credit risk: evidence from the Eurozone 

      Abinzano Guillén, María Isabel Upna Orcid; Corredor Casado, María Pilar Upna Orcid; Mansilla Fernández, José Manuel Upna Orcid (Elsevier, 2021)   Artículo / Artikulua  OpenAccess
      This paper investigates the direct effect of sovereign debt holding on banks’ credit risk. Using individual Eurozone listed banks’ information, we find that holding sovereign debt improves the level of banks’ credit risk, ...
    • The witching week of herding on bitcoin exchanges 

      Blasco de las Heras, Natividad; Corredor Casado, María Pilar Upna Orcid; Satrústegui, N. (Springer, 2022)   Artículo / Artikulua  OpenAccess
      This paper analyses the herding behaviour among exchanges around the expiration of bitcoin futures traded on the Chicago Mercantile Exchange (CME). The database extends from December 2017 to October 2020, taking as a ...

      El Repositorio ha recibido la ayuda de la Fundación Española para la Ciencia y la Tecnología para la realización de actividades en el ámbito del fomento de la investigación científica de excelencia, en la Línea 2. Repositorios institucionales (convocatoria 2020-2021).
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