Adam V. Reed

Associate Professor of Finance and Julian Price Scholar
The Kenan-Flagler Business School
The University of North Carolina at Chapel Hill
Campus Box 3490, McColl Building
Chapel Hill, NC 27599-3490
(919) 962-9785 (Phone)
(919) 962-2068 (Fax)

Curriculum Vitae (Summer 2012)

Published Papers:

Connecting Two Markets: An Equilibrium Framework for Shorts, Longs and Stock Loans (with Jesse Blocher and Ed Van Wesep)
forthcoming, Journal of Financial Economics.

A Multiple Lender Approach to Understanding Supply and Search in the Equity Lending Market (with Adam Kolasinski and Matthew Ringgenberg)
forthcoming, The Journal of Finance.

How Are Shorts Informed? Short Sellers, News, and Information Processing (with Joseph Engelberg and Matt Ringgenberg)
forthcoming, Journal of Financial Economics.

Can Short Restrictions Result in More Informed Short Selling? Evidence from the 2008 Regulations (with Adam Kolasinski and Jake Thornock)
forthcoming, Financial Management.

The New Game in Town: Competitive Effects of IPOs (with Hung-Chia Hsu and Jörg Rocholl)
Journal of Finance 65(2), March 2010.

Failure is an Option: Impediments to Short-Selling and Option Prices (with Rich Evans, Chris Geczy and David Musto)
Review of Financial Studies 22(5), April 2009.

Vote Trading and Information Aggregation (with Susan Christoffersen, Chris Geczy and David Musto)
Journal of Finance 62(6), December 2007, 2897-2929.

Cross-border dividend taxation and the preferences of taxable and non-taxable investors: Evidence from Canada (with Susan Christoffersen, Chris Geczy and David Musto)
Journal of Financial Economics 78(1), October 2005, 121-144.

Leaning for the Tape: Evidence of Gaming Behavior in Equity Mutual Funds (with Mark Carhart, Ron Kaniel and David Musto)
Journal of Finance 57(2), April 2002, 661-693.

Working Papers:

Competitive Effects of Private Equity Investments (with Hung-Chia Hsu and Jörg Rocholl)

Revealing Shorts: An Examination of Large Short Position Disclosures (with Charles Jones and William Waller)

The Long and the Short of it: Evidence of Year-End Price Manipulation by Short Sellers (with Jesse Blocher and Joseph Engelberg)

Costly Short-Selling and Stock Price Adjustment to Earnings Announcements

Bears and Numbers: Investigating how short sellers exploit and affect earnings-based pricing anomalies (with Bing Cao, Dan Dhaliwal and Adam Kolasinski)