Richard Sias
Contact Information
- 520.621.3462 office
- 520.621.1261 fax
- sias@email.arizona.edu
- McClelland Hall 315Q
Curriculum Vitae
SSRN Author Page
Department Head
Professor
Tyler Family Endowed Chair in Finance
- Ph.D. Finance, The University of Texas at Austin, 1992
Current Courses
- FIN 521, Investment Analysis, Fall
Research Interests
- Investments
- Asset Pricing
- Investor Behavior
- Valuation
Publications
- “Why does Financial Strength Forecast Stock Returns? Evidence from Subsequent Demand by Institutional Investors,” with Nicole Choi, The Review of Financial Studies, Volume 25,
number 5, 2012, pp. 1550-1587.
- “Portfolio Diversification,” with James Bennett,
Journal of Investment Management, Volume 9, number 3, 2011, pp. 74-98.
- “Insider Trades and Demand by Institutional and Individual Investors,” with David Whidbee, Review of Financial Studies, Volume 23, number 4, 2010, pp. 1544-1595.
- “Style Timing with Insiders,” with Heather Knewtson and David Whidbee, Financial Analysts Journal, Volume 66, number 4, 2010, pp.46-66.
- “Why Susie Owns Starbucks: The Name Letter Effect in Security Selection,” with Heather Knewtson, Journal of Business Research, Volume 63, number 12, 2010, pp. 1324-1327.
- “Institutional Industry Herding,” with Nicole Choi, Journal of Financial Economics, Volume 94, number 3, 2009, pp. 469-491.
- “Reconcilable Differences: Momentum Trading by Institutions,” Financial Review, Volume 42, number 1, 2007, pp. 1-22 (lead article).
- “Window-dressing, Tax-loss Selling and Momentum Profit Seasonality,” Financial Analysts Journal, Volume 63, number 2, 2007, pp. 48-54.
- “Why Company-Specific Risk Changes Over Time,” with James Bennett, Financial Analysts Journal, Volume 62, number 5, 2006, pp. 89-100.
Reprinted in “Risk Management – Foundations for a Changing Financial World,” edited by Walter Haslett Jr., CFA Institute, John Wiley & Sons, Hoboken, NJ, 2010.
- “Changes in Institutional Ownership and Stock Returns: Assessment and Methodology,” with Laura T. Starks and Sheridan Titman, Journal of Business, Volume 79, number 6, 2006, 2869-2910.
- “Informed Trading and Order Type,” with Jack Cooney, Journal of Banking and Finance, Volume 28, number 7, 2004, pp. 1711-1743.
- “Institutional Herding,” Review of Financial Studies, Volume 17, number 1, Spring 2004, pp. 165-206.
- “Greener Pastures and the Impact of Dynamic Institutional Preferences,” with James Bennett and Laura Starks, Review of Financial Studies, Volume 16, number 4, Winter 2003, pp. 1203-1239.
- “Voting with Their Feet: Changes in Institutional Ownership Around Forced CEO Turnover,” with Robert Parrino and Laura Starks, Journal of Financial Economics, Volume 68, number 1, April 2003, pp. 3-46 (lead article).
