Nadya Malenko

 Publications

•   Corporate governance implications of the growth in indexing  (with Alon Brav and Andrey Malenko) 

Oxford Research Encyclopedia of Economics and Finance (link)

      Short summary:  CLS Blue Sky Blog  

•   Trading and shareholder democracy  (with Doron Levit and Ernst Maug)         

           Journal of Finance, forthcoming   (Slides,  Video for ECGI,  SSRN,  Internet Appendix)

           Semi-finalist in the John L. Weinberg/IRRCi Research Paper Award Competition

           Short summaries:  CLS Blue Sky Blog,  Finance Theory Insights 

•   Advising the management: A theory of shareholder engagement  (with Ali Kakhbod, Uliana Loginova, and Andrey Malenko)

           Review of Financial Studies,  36 (4), 1319-1363, April 2023  (SSRN,  Internet Appendix)

           Lead article and Editor’s Choice article 

•   Quadrophobia: Strategic rounding of EPS data  (with Joseph Grundfest and Yao Shen)

           Journal of Financial and Quantitative Analysis, forthcoming   (Slides,  Internet Appendix)

           Covered by:  Wall Street Journal (Oct 2021),  Wall Street Journal (June 2018),  Bloomberg,  USA Today,  Wall Street Journal (Mar 2023)

•   Deadlock on the board  (with Jason Donaldson and Giorgia Piacentino)

           Review of Financial Studies, 33 (10), 4445-4488, October 2020   (SSRN)

           Lead article and Editor’s Choice article 

           Best Paper Award at the 2018 ASU Sonoran Winter Finance Conference

           Short summaries:  CLS Blue Sky Blog,  Korn Ferry Institute

•   Proxy advisory firms: The economics of selling information to voters  (with Andrey Malenko)

           Journal of Finance, 74 (5), 2441-2490, October 2019   (Slides,  Internet Appendix,  SSRN)

           Brattle Group Prize for Distinguished Paper in Corporate Finance at the Journal of Finance

           Short summary:  Finance Theory Insights 

           Short summary for the SEC;  BPC blog post on SEC's proposed regulations

• The role of proxy advisory firms: Evidence from a regression-discontinuity design  (with Yao Shen)

            Review of Financial Studies, 29 (12), 3394-3427, December 2016   (Slides,  Internet Appendix,  SSRN)

            Short summary:  Harvard Law School Forum 

            Short summary for the SEC

•   Timing decisions in organizations: Communication and authority in a dynamic environment  (with Steven Grenadier and Andrey Malenko)

            American Economic Review, 106 (9), 2552-2581, September 2016   (Slides,  Internet Appendix,  SSRN)

•   The labor market for directors and externalities in corporate governance  (with Doron Levit)

           Journal of Finance, 71 (2), 775-808, April 2016   (Slides,  Internet Appendix,  SSRN)

           Short summaries:  Harvard Law School Forum,  Pro-Market

•   A theory of LBO activity based on repeated debt-equity conflicts  (with Andrey Malenko)

           Journal of Financial Economics, 117 (3), 607-627, September 2015   (Internet Appendix,  SSRN)

•   Communication and decision-making in corporate boards

           Review of Financial Studies, 27 (5), 1486-1532, May 2014   (Slides,  Short summary,  Internet Appendix,  SSRN) 

           Swedish House of Finance Best Conference Paper by a Doctoral Student, EFA 2011

           Short summary:  Harvard Law School Forum 

•   Nonbinding voting for shareholder proposals  (with Doron Levit)

           Journal of Finance, 66 (5), 1579-1614, October 2011  (Slides,  Internet Appendix,  SSRN)

           Short summary:  Harvard Law School Forum