Issue Information

• Date: 01 February 2021
• Published date: 01 February 2021
• DOI: http://doi.org/10.1111/fire.12236

The Financial Review Vol. 56 , No. 1 February 2021

Official Journal of the:

The Financial Review

FEBRUARY 2021 • VOLUME 56 • NO. 1

Sponsored by:

Poole College of

Management

www.easternfinance.org

Independent director compensation, corruption, and monitoring

Natasha Burns , Anna Kapalczynski , and John K. Wald

The bright side of co-opted boards: Evidence from f‌i rm innovation

Lily Nguyen , Le Vu , and Xiangkang Yin

Political corruption shielding and corporate acquisitions

Ashrafee Tanvir Hossain and Lawrence Kryzanowski

Charitable inclination and the chief executive off‌i cer's pay package

Dev R. Mishra

Are CEOs incentivized to shelter good information?

Hongrui Feng and Yuecheng Jia

Executive risk incentives, product market competition, and R&D

Hussein Abdoh and Yu Liu

When LIBOR becomes LIEBOR: Reputational penalties and bank

contagion

Michele Fabrizi , Xing Huan , and Antonio Parbonetti

Financial crises and the asymmetric relation between returns on

banks, risk factors, and other industry portfolio returns

Kenneth Högholm , Johan Knif , Gregory Koutmos , and Seppo Pynnönen

The Financial Review

Official Journal of the Eastern Finance Association

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

Outstanding Publication Awards

The winners of the Financial Review Best Paper Award for 2019

(selected by the Editorial Board) is:

Thomas W. Doellman, Jennifer Itzkowitz, Jesse Itzkowitz, Sabuhi

H. Sardarli, 2019, Alphabeticity Bias in 401(k) Investing. Financial

Review 54(4), 643–677.

The winner of the Financial Review Best Paper Award for 2019

(selected by FR/EFA participants) is:

Serkan Karadas, 2019, Trading on Private Information: Evidence

from Members of Congress. Financial Review 53(2), 301–336.

Previous winners of the awards are:

2018: Louis Gagnon

M. Sinan Goktan, Robert Kieschnick, and Rabih Moussawi

Bradley W. Benson, Subramanian Rama Iyer,

Kristopher J. Kemper, and Jing Zhao

2017: James Upson and Hardy Johnson

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

Paul Brockman, Musa Subasi, and Cihan Uzmanoglu

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

Viktor Manahov

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