Massimiliano Barbi

University of Bologna - Department of Management

Associate Professor of Finance

via Capo di Lucca 34

Bologna, 40126

Italy

http://www.sites.google.com/site/massimilianobarbifinance/

SCHOLARLY PAPERS

21

DOWNLOADS
Rank 15,738

SSRN RANKINGS

Top 15,738

in Total Papers Downloads

3,880

SSRN CITATIONS
Rank 35,219

SSRN RANKINGS

Top 35,219

in Total Papers Citations

12

CROSSREF CITATIONS

11

Scholarly Papers (21)

1.
Downloads 696 ( 45,646)
Citation 5

Crowdfunding Practices In and Outside the US

Number of pages: 46 Posted: 21 Feb 2015 Last Revised: 22 May 2016
Massimiliano Barbi and Marco Bigelli
University of Bologna - Department of Management and University of Bologna - Department of Management
Downloads 696 (45,016)
Citation 5

Abstract:

Loading...

Crowdfunding, Entrepreneurship, Kickstarter, Geography, Start-up

Crowdfunding Practices in and Outside the US

Research in International Business and Finance, Vol. 42, pp. 208-223, 2017
Posted: 10 May 2017 Last Revised: 26 Jun 2017
Massimiliano Barbi and Marco Bigelli
University of Bologna - Department of Management and University of Bologna - Department of Management

Abstract:

Loading...

Kickstarter, Entrepreneurial finance, Geography, New Ventures

2.

Equity Warrant: Dilution Effect and Implications for Pricing

Number of pages: 8 Posted: 17 Dec 2008 Last Revised: 08 Jan 2009
Massimiliano Barbi
University of Bologna - Department of Management
Downloads 578 (58,040)

Abstract:

Loading...

Warrant pricing, dilution effect

Interest Rate Risk Estimation: A New Duration-Based Approach

Number of pages: 21 Posted: 28 Apr 2009
Emanuele Bajo, Massimiliano Barbi and David Hillier
University of Bologna - Department of Economics, University of Bologna - Department of Management and University of Strathclyde - Department of Accounting and Finance
Downloads 461 (76,167)
Citation 2

Abstract:

Loading...

Duration, Interest Rate Risk, Hedging, Fixed Income

Interest Rate Risk Estimation: A New Duration-Based Approach

Applied Economics, Vol. 45, pp. 2697-2704, 2013
Posted: 14 Feb 2012 Last Revised: 19 Feb 2016
Emanuele Bajo, Massimiliano Barbi and David Hillier
University of Bologna - Department of Economics, University of Bologna - Department of Management and University of Strathclyde - Department of Accounting and Finance

Abstract:

Loading...

Duration, Interest Rate Risk, Hedging, Fixed Income

4.
Downloads 335 (111,120)
Citation 1

The Risk-Shifting Effect and the Value of a Warrant

Number of pages: 23 Posted: 27 Feb 2007 Last Revised: 28 Sep 2009
Emanuele Bajo and Massimiliano Barbi
University of Bologna - Department of Economics and University of Bologna - Department of Management
Downloads 335 (110,403)
Citation 1

Abstract:

Loading...

Warrant pricing, CEV models, risk-shifting

The Risk-Shifting Effect and the Value of a Warrant

Quantitative Finance, Vol. 10, pp. 1203-1213, 2010
Posted: 25 Sep 2009 Last Revised: 28 Oct 2010
Emanuele Bajo and Massimiliano Barbi
University of Bologna - Department of Economics and University of Bologna - Department of Management

Abstract:

Loading...

warrant pricing, CEV models, risk shifting

5.

Sull'Impiego dell'Approccio DCF per la Misurazione del Valore

Number of pages: 27 Posted: 17 Dec 2008
Massimiliano Barbi
University of Bologna - Department of Management
Downloads 305 (123,272)
Citation 1

Abstract:

Loading...

Valutazione d'Impresa, Flussi di Cassa, Costo del Capitale, WACC

Optimal Corporate Hedging Using Options with Basis and Production Risk

Number of pages: 29 Posted: 28 Sep 2012
Emanuele Bajo, Massimiliano Barbi and Silvia Romagnoli
University of Bologna - Department of Economics, University of Bologna - Department of Management and University of Bologna - Department of Statistics
Downloads 213 (175,515)

Abstract:

Loading...

Risk management, Option hedging, Expected shortfall

Optimal Corporate Hedging Using Options with Basis and Production Risk

North American Journal of Economics and Finance, Vol. 30, pp. 56-71, 2014
Posted: 29 Aug 2014 Last Revised: 13 May 2015
Emanuele Bajo, Massimiliano Barbi and Silvia Romagnoli
University of Bologna - Department of Economics, University of Bologna - Department of Management and University of Bologna - Department of Statistics

Abstract:

Loading...

Risk management, Option hedging, Expected shortfall

7.

Bolstering Family Control: Evidence from Loyalty Shares

European Corporate Governance Institute - Finance Working Paper No. 619/2019
Number of pages: 51 Posted: 01 Aug 2019 Last Revised: 01 May 2020
Emanuele Bajo, Massimiliano Barbi, Marco Bigelli and Ettore Croci
University of Bologna - Department of Economics, University of Bologna - Department of Management, University of Bologna - Department of Management and Catholic University of the Sacred Heart of Milan
Downloads 212 (176,587)
Citation 2

Abstract:

Loading...

Loyalty shares, Family firms, Long-term shareholders; Control-enhancing mechanisms

The Role of Institutional Investors in Public-to-Private Transactions

ECGI - Finance Working Paper No. 350
Number of pages: 40 Posted: 21 Feb 2013
Emanuele Bajo, Massimiliano Barbi, Marco Bigelli and David Hillier
University of Bologna - Department of Economics, University of Bologna - Department of Management, University of Bologna - Department of Management and University of Strathclyde - Department of Accounting and Finance
Downloads 211 (177,079)
Citation 5

Abstract:

Loading...

Public-to-private transactions, delisting, family firms, tender offer

The Role of Institutional Investors in Public-to-Private Transactions

Journal of Banking and Finance, Vol. 37, pp. 4327-4336, 2013
Posted: 06 Jul 2013 Last Revised: 19 Oct 2013
Emanuele Bajo, Massimiliano Barbi, Marco Bigelli and David Hillier
University of Bologna - Department of Economics, University of Bologna - Department of Management, University of Bologna - Department of Management and University of Strathclyde - Department of Accounting and Finance

Abstract:

Loading...

Public-to-private transactions, Delisting, Family firms, Tender offer

9.

Out of Sight, Out of Mind: Financial Illiteracy, Inattention, and Sluggish Mortgage Refinancing

Number of pages: 56 Posted: 29 Nov 2014 Last Revised: 03 Mar 2015
Emanuele Bajo and Massimiliano Barbi
University of Bologna - Department of Economics and University of Bologna - Department of Management
Downloads 191 (194,339)
Citation 8

Abstract:

Loading...

Mortgage Refinancing, Financial Literacy, Household Finance

Optimal Hedge Ratio Under a Subjective Re-Weighting of the Original Measure

Number of pages: 25 Posted: 27 Jan 2012 Last Revised: 09 Apr 2015
Massimiliano Barbi and Silvia Romagnoli
University of Bologna - Department of Management and University of Bologna - Department of Statistics
Downloads 160 (226,777)
Citation 2

Abstract:

Loading...

Risk management, Spectral risk measures, Expected shortfall, Risk aversion

Optimal Hedge Ratio Under a Subjective Re-Weighting of the Original Measure

Applied Economics, Vol. 48, pp. 1271-1280, 2016
Posted: 22 Sep 2015 Last Revised: 19 Feb 2016
Massimiliano Barbi and Silvia Romagnoli
University of Bologna - Department of Management and University of Bologna - Department of Statistics

Abstract:

Loading...

Risk management, Spectral risk measures, Expected shortfall, Risk aversion

11.
Downloads 156 (231,309)
Citation 1

On the Risk-Neutral Value of Debt Tax Shields

Number of pages: 14 Posted: 17 Dec 2008 Last Revised: 17 Nov 2009
Massimiliano Barbi
University of Bologna - Department of Management
Downloads 156 (231,758)
Citation 1

Abstract:

Loading...

Value of tax shields, Leverage policy, WACC, APV

On the Risk-Neutral Value of Debt Tax Shields

Applied Financial Economics, Vol. 22, pp. 251-258, 2012
Posted: 11 Aug 2011 Last Revised: 17 Oct 2011
Massimiliano Barbi
University of Bologna - Department of Management

Abstract:

Loading...

Value of Tax Shields, Leverage Policy, WACC, APV

Skewness, Basis Risk, and Optimal Futures Demand

Number of pages: 38 Posted: 29 Sep 2016 Last Revised: 07 Dec 2017
Massimiliano Barbi and Silvia Romagnoli
University of Bologna - Department of Management and University of Bologna - Department of Statistics
Downloads 141 (252,050)

Abstract:

Loading...

Optimal hedging, Skew-normal distribution, Basis risk

Skewness, Basis Risk, and Optimal Futures Demand

International Review of Economics and Finance, Vol. 58, pp. 14-29, 2018
Posted: 06 Mar 2018 Last Revised: 02 Dec 2018
Massimiliano Barbi and Silvia Romagnoli
University of Bologna - Department of Management and University of Bologna - Department of Statistics

Abstract:

Loading...

Optimal hedging, Skew-normal distribution, Basis risk

13.

Time Value vs. Cost of Forcing Call: New Evidence on Convertible Bond Call Policy

Number of pages: 33 Posted: 23 May 2010 Last Revised: 07 Jul 2010
Emanuele Bajo and Massimiliano Barbi
University of Bologna - Department of Economics and University of Bologna - Department of Management
Downloads 117 (289,048)

Abstract:

Loading...

Convertible Bonds, Call Delay, Call Policy, Fixed Income

14.

Where Should I Publish to Get Promoted? A Finance Journal Ranking Based on Business School Promotions

Journal of Banking and Finance 114, 105780, 2020
Number of pages: 32 Posted: 24 Mar 2020
Emanuele Bajo, Massimiliano Barbi and David Hillier
University of Bologna - Department of Economics, University of Bologna - Department of Management and University of Strathclyde - Department of Accounting and Finance
Downloads 104 (313,523)
Citation 2

Abstract:

Loading...

Journal Ranking, Research Assessment, Finance Journals

15.

Diamonds and Precious Metals for Reduction of Portfolio Tail Risk

Applied Economics, Vol. 52, pp. 2841-2861, 2020
Posted: 05 Dec 2019 Last Revised: 08 Jun 2020
Massimiliano Barbi, Hélyette Geman and Silvia Romagnoli
University of Bologna - Department of Management, University of London - Economics, Mathematics and Statistics and University of Bologna - Department of Statistics

Abstract:

Loading...

Diamonds, Precious metals, Diversification, Copula functions, Tail dependence

16.

Human Capital, Investor Trust, and Equity Crowdfunding

Research in International Business and Finance, Vol. 49, pp. 1-12, 2019
Posted: 14 Feb 2019 Last Revised: 06 Aug 2019
Massimiliano Barbi and Sara Mattioli
University of Bologna - Department of Management and affiliation not provided to SSRN

Abstract:

Loading...

Crowdcube, Entrepreneurial Finance, Education, Gender Differences

17.

Financial Illiteracy and Mortgage Refinancing Decisions

Journal of Banking and Finance, Vol. 94, pp. 279-296, 2018
Posted: 15 Aug 2018 Last Revised: 30 Aug 2018
Massimiliano Barbi and Emanuele Bajo
University of Bologna - Department of Management and University of Bologna - Department of Economics

Abstract:

Loading...

Mortgage refinancing, Financial literacy, Household finance

18.

Do Firms Get What They Pay For? A Second Thought on Over-Allotment Option in IPOs

Quarterly Review of Economics and Finance, Vol. 63, pp. 219-232, 2017
Posted: 19 Feb 2016 Last Revised: 17 Mar 2017
Emanuele Bajo, Massimiliano Barbi and Giovanni Petrella
University of Bologna - Department of Economics, University of Bologna - Department of Management and Università Cattolica del Sacro Cuore

Abstract:

Loading...

Over-Allotment Option; IPO; Price Stabilization; Underpricing

19.

A Generalized Approach to Optimal Hedging with Option Contracts

European Journal of Finance, Vol. 21, pp. 714-733, 2015
Posted: 22 Nov 2013 Last Revised: 13 May 2015
Emanuele Bajo, Massimiliano Barbi and Silvia Romagnoli
University of Bologna - Department of Economics, University of Bologna - Department of Management and University of Bologna - Department of Statistics

Abstract:

Loading...

Optimal hedge ratio, Option hedging, Spectral risk measures, Copula function.

20.

A Copula-Based Quantile Risk Measure Approach to Estimate the Optimal Hedge Ratio

Journal of Futures Markets, Vol. 34, pp. 658-675, 2014
Posted: 10 Feb 2013 Last Revised: 08 Jan 2015
Massimiliano Barbi and Silvia Romagnoli
University of Bologna - Department of Management and University of Bologna - Department of Statistics

Abstract:

Loading...

Optimal hedge ratio, Quantile risk measures, Copula function

21.

The Role of Time Value in Convertible Bond Call Policy

Journal of Banking and Finance, Vol. 36, pp. 550-563, 2012
Posted: 05 Sep 2011 Last Revised: 28 Jan 2012
Emanuele Bajo and Massimiliano Barbi
University of Bologna - Department of Economics and University of Bologna - Department of Management

Abstract:

Loading...

Convertible bonds, Time value, Call policy, Fixed income