Issue Information

• DOI: http://doi.org/10.1111/fire.12177
• Published date: 01 August 2019
• Date: 01 August 2019

The Financial Review Vol. 54 , No. 3 August 2019

Official Journal of the:

The Financial Review

AUGUST 2019 • VOLUME 54 • NO. 3

Sponsored by:

Poole College of

Management

www.easternfinance.org

Increasing the Tick: Examining the Impact of the Tick Size Change

on Maker-Taker and Taker-Maker Market Models

Justin Cox , Bonnie Van Ness , and Robert Van Ness

Asymmetric News Responses of High-Frequency and Non-High-

Frequency Traders

S. Sarah Zhang

Does Increased Hedging Lead to Decreased Price Effi ciency?

The Case of VIX ETPs and VIX Futures

Adrian Fernandez-Perez , Bart Frijns , Alireza Tourani-Rad , and

Robert I. Webb

How Firms Use Director Networks in Setting CEO Pay

Ian Cherry and Vladimir A. Gatchev

Tiered Information Disclosure: An Empirical Analysis of the Advance

Peek into the Michigan Index of Consumer Sentiment

Weishao Wu , Wenchien Liu , Sandy Suardi , and Yuanchen Chang

Heterogeneity in the Effect of Managerial Equity Incentives on

Firm Value

Bradley W. Benson , Hui L. James , and Jung Chul Park

The Financial Review

Official Journal of the Eastern Finance Association

Please visit our Web site: http:// nancialreview.poole.ncsu.edu

Outstanding Publication Awards

The winner of the Financial Review Best Paper Award for 2017

(selected by the Editorial Board) is:

James Upson and Hardy Johnson, 2017, Are Odd-Lot Orders

Informed? Financial Review 52(1), 37–67.

The winners of the Financial Review Best Paper Award for 2017

(selected by FR/EFA participants) are:

R. Jared DeLisle, Dan W. French, and Maria Gabriela Schutte,

2017, Passive Institutional Ownership, R2 Trends, and Price

Informativeness. Financial Review 52(4), 627–659.

Paul Brockman, Musa Subasi, and Cihan Uzmanoglu, 2017,

Investor Conferences, Firm Visibility, and Stock Liquidity.

Financial Review 52(4), 661–699.

Previous winners of the awards are:

2016: Palani-Rajan Kadapakkam, Alex Meisami, and John Wald

Viktor Manahov

2015: Jay Ritter

Michael A. Goldstein, Abhinav Goyal, Brian M. Lucey, and

Cal B. Muckley

2014: Ioannis Oikonomou, Chris Brooks, and Stephen Pavelin

Jonathan Brogaard, Terrence Hendershott, Stefan Hunt,

and Carla Ysusi

Tom McInish, James Upson, and Robert A. Wood

2013: Shrikant Jategonkar

William Megginson, Miao You, and Liyan Han

EDITORS

Srinivasan Krishnamurthy

Richard S. Warr

EDITORIAL OFFICE

The Financial Review

c/o Srinivasan Krishnamurthy and Richard Warr

Box 7229, Department of Business Management

Poole College of Management

NC State University, Raleigh, NC 27695

USA

Email: TheFinancialReview@ncsu.edu

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