{"id":67,"date":"2015-05-19T14:06:12","date_gmt":"2015-05-19T18:06:12","guid":{"rendered":"https:\/\/annac.expressions.syr.edu\/?page_id=67"},"modified":"2025-05-22T11:48:33","modified_gmt":"2025-05-22T15:48:33","slug":"publications","status":"publish","type":"page","link":"https:\/\/annac.expressions.syr.edu\/?page_id=67","title":{"rendered":"Journal Publications"},"content":{"rendered":"\n<ul style=\"font-size:14px\"><li>&#8220;<a rel=\"noreferrer noopener\" href=\"https:\/\/papers.ssrn.com\/sol3\/papers.cfm?abstract_id=3558906\" data-type=\"URL\" data-id=\"https:\/\/papers.ssrn.com\/sol3\/papers.cfm?abstract_id=3558906\" target=\"_blank\">How do Banking Analysts Behave around Unanticipated News? Evidence from Operational Risk Event Announcements<\/a>,&#8221; (with H. Gya, A. Barakat, and K. Amess), <em>European Journal of Finance<\/em>, 27(14), 1351-1391, 2021.&nbsp;<\/li><li>&#8220;<a rel=\"noreferrer noopener\" href=\"http:\/\/papers.ssrn.com\/abstract=2736509\" target=\"_blank\">Business Complexity and Risk Management: Evidence from Operational Risk Events in U.S. Bank Holding Companies&nbsp;<\/a>,&#8221; (with A. Ozdagli and J. Wang), <em>Journal of Monetary Economics<\/em>, 117, 418-440, 2021.<ul><li>2017 AFA meeting, Chicago<\/li><\/ul><\/li><li>&#8220;<a rel=\"noreferrer noopener\" href=\"https:\/\/papers.ssrn.com\/sol3\/papers.cfm?abstract_id=2887773\" target=\"_blank\">Operational IT Failures, IT Value-Destruction, and Board-Level IT Governance Changes<\/a>,&#8221; (with M. Benaroch), MIS Quarterly, 41(3), 729-762, 2017.<ul><li>Best Paper Award, Israel Association for Information Systems (ILAIS) conference 2015<\/li><\/ul><\/li><li>&#8220;<a rel=\"noreferrer noopener\" href=\"https:\/\/papers.ssrn.com\/sol3\/papers.cfm?abstract_id=1917717\" data-type=\"URL\" data-id=\"https:\/\/papers.ssrn.com\/sol3\/papers.cfm?abstract_id=1917717\" target=\"_blank\">Information Asymmetry around Operational Risk Announcements<\/a>,&#8221; (with A. Barakat and M. Wahrenburg), <em>Journal of Banking and Finance<\/em>, 48, 152-179, 2014.<ul><li>Semi-finalist for Best Paper Award in the Derivatives category, 2014 FMA meeting<\/li><\/ul><\/li><li>&#8220;<a rel=\"noreferrer noopener\" href=\"https:\/\/papers.ssrn.com\/sol3\/papers.cfm?abstract_id=2061317\" data-type=\"URL\" data-id=\"https:\/\/papers.ssrn.com\/sol3\/papers.cfm?abstract_id=2061317\" target=\"_blank\">Is Selection Bias Inherent in Housing Transactions? An Equilibrium Approach<\/a>,&#8221; (with E. Chernobai), <em>Real Estate Economics<\/em>, 41(4), 887-924, 2013<\/li><li>&#8220;<a rel=\"noreferrer noopener\" href=\"https:\/\/papers.ssrn.com\/sol3\/papers.cfm?abstract_id=2012885\" data-type=\"URL\" data-id=\"https:\/\/papers.ssrn.com\/sol3\/papers.cfm?abstract_id=2012885\" target=\"_blank\">Disclosures of Material Weaknesses by Japanese Firms after the Passage of the 2006 Financial Instruments and Exchange Law<\/a>,&#8221; (with Y. Yasuda), Journal of Banking and Finance, 37(5), 1524-1542, 2013<\/li><li>&#8220;<a rel=\"noreferrer noopener\" href=\"https:\/\/papers.ssrn.com\/sol3\/papers.cfm?abstract_id=2711778\" data-type=\"URL\" data-id=\"https:\/\/papers.ssrn.com\/sol3\/papers.cfm?abstract_id=2711778\" target=\"_blank\">An Internal Control Perspective on the Market Value Consequences of IT Operational Risk Events<\/a>,&#8221; (with M. Benaroch and J. Goldstein), <em>International Journal of Accounting Information Systems<\/em>, 13(4), 357-381, 2012<\/li><li>&#8220;An Event Study Analysis of the Economic Impact of IT Operational Risk and its Subcategories,&#8221; (with M. Benaroch and J. Goldstein), <em>Journal of the Association for Information Systems<\/em>, 12(9), 606-631, 2011<\/li><li>&#8220;<a rel=\"noreferrer noopener\" href=\"https:\/\/papers.ssrn.com\/sol3\/papers.cfm?abstract_id=1360266\" data-type=\"URL\" data-id=\"https:\/\/papers.ssrn.com\/sol3\/papers.cfm?abstract_id=1360266\" target=\"_blank\">The Determinants of Operational Risk in U.S. Financial Institutions<\/a>,&#8221; (with P. Jorion and F. Yu), <em>Journal of Financial and Quantitative Analysis<\/em>, 46(6), 1683-1725, 2011<ul><li>Featured in <em>CFA Digest<\/em>, 42(3), 118-120, August 2012<\/li><li>Featured in <em>Bloomberg Brief<\/em>, July 2011<\/li><li>Featured in <em>OpRisk &amp; Compliance<\/em>, March 2008<\/li><\/ul><\/li><li>&#8220;<a rel=\"noreferrer noopener\" href=\"https:\/\/papers.ssrn.com\/sol3\/papers.cfm?abstract_id=1755597\" data-type=\"URL\" data-id=\"https:\/\/papers.ssrn.com\/sol3\/papers.cfm?abstract_id=1755597\" target=\"_blank\">The Dynamics of Operational Loss Clustering<\/a>,&#8221; (with Y. Yildirim), <em>Journal of Banking and Finance<\/em>, 32(12), 2655-2666), 2008<\/li><li>&#8220;Aggregation Issues in Operational Risk,&#8221; (with R. Giacometti, S.T. Rachev, and M. Bertocchi), <em>Journal of Operational Risk<\/em>, 3(3), 3-23, 2008<ul><li>Lead paper<\/li><\/ul><\/li><li>&#8220;Heavy-Tailed Distributional Model for Operational Losses,&#8221; (with R. Giacometti, S.T. Rachev, M. Bertocchi, and G. Consigli), <em>Journal of Operational Risk<\/em>, 2(1), 55-90, 2007<\/li><li>&#8220;Modelling Catastrophe Claims with Left-Truncated Severity Distributions,&#8221; (with K. Burnecki, S.T. Rachev, S. Truck, and R. Weron), <em>Computational Statistics<\/em>, 21(3), 537-555, 2006<\/li><li>&#8220;A Note on the Estimation of the Frequency and Severity Distribution of Operational Losses,&#8221; (with C. Menn, S.T. Rachev, and S. Truck), <em>Mathematical Scientist<\/em>, 30(2), 87-97, 2006<\/li><li>&#8220;Applying Robust Methods to Operational Risk Modelling,&#8221; (with S.T. Rachev), <em>Journal of Operational Risk<\/em>, 1(1), 27-41, 2006<\/li><li>&#8220;Treatment of Missing Data in the Field of Operational Risk: The Impacts on Parameter Estimates, EL and UL Figures,&#8221; (with M. Moscadelli and S.T. Rachev), <em>Operational Risk<\/em>, 6(6), 28-34, 2005<\/li><\/ul>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;How do Banking Analysts Behave around Unanticipated News? Evidence from Operational Risk Event Announcements,&#8221; (with H. Gya, A. Barakat, and K. Amess), European Journal of Finance, 27(14), 1351-1391, 2021.&nbsp; &#8220;Business Complexity and Risk Management: Evidence from Operational Risk Events in U.S. Bank Holding Companies&nbsp;,&#8221; (with A. Ozdagli and J. Wang), Journal of Monetary Economics, 117, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":20,"menu_order":1,"comment_status":"closed","ping_status":"closed","template":"","meta":[],"_links":{"self":[{"href":"https:\/\/annac.expressions.syr.edu\/index.php?rest_route=\/wp\/v2\/pages\/67"}],"collection":[{"href":"https:\/\/annac.expressions.syr.edu\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/annac.expressions.syr.edu\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/annac.expressions.syr.edu\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/annac.expressions.syr.edu\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=67"}],"version-history":[{"count":4,"href":"https:\/\/annac.expressions.syr.edu\/index.php?rest_route=\/wp\/v2\/pages\/67\/revisions"}],"predecessor-version":[{"id":102,"href":"https:\/\/annac.expressions.syr.edu\/index.php?rest_route=\/wp\/v2\/pages\/67\/revisions\/102"}],"up":[{"embeddable":true,"href":"https:\/\/annac.expressions.syr.edu\/index.php?rest_route=\/wp\/v2\/pages\/20"}],"wp:attachment":[{"href":"https:\/\/annac.expressions.syr.edu\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=67"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}