Research

Published and Accepted Papers

1. Crane, Alan D., Sébastien Michenaud, and James P. Weston. (2016). "The effect of institutional ownership on payout policy: Evidence from index thresholds." Review of Financial Studies, 29(6), 1377--1408.

2. Crane, Alan D. and Andrew Koch. (2018). "Shareholder Litigation and Ownership Structure: Evidence from a Natural Experiment." Management Science, 64(1), 5--23.

3. Crane, Alan D. and Kevin Crotty. (2018). "Passive versus Active Fund Performance: Do Index Funds Have Skill?" Journal of Financial and Quantitative Analysis, 53(1), 33--64.

4. Crane, Alan D., Andrew Koch, and Chisehn Wei. (2018). "Choosing the Precision of Performance Metrics" Journal of Financial and Quantitative Analysis, 53(4), 1911-1935.

5. Crane, Alan D., Andrew Koch, and Sébastien Michenaud. "Institutional Investor Cliques and Governance" Forthcoming - Journal of Financial Economics

6. Back, Kerry, Alan D. Crane, and Kevin Crotty. "Skewness Consequences of Seeking Alpha" Forthcoming - Review of Financial Studies

7. Crane, Alan D., Kevin Crotty, Sébastien Michenaud, and Patricia Naranjo. "The Causal Effects of Short-Selling Bans: Evidence from Eligibility Thresholds" Forthcoming - Review of Asset Pricing Studies

8. Crane, Alan D. and Kevin Crotty. "How Skilled are Security Analysts?" Forthcoming - Journal of Finance

Working Papers

"Hedge Funds and Public Information Acquisition" with Kevin Crotty and Tarik Umar

https://ssrn.com/abstract=3127825

"The Litigation Environment of a Firm and its Impact on Financial Policy.''

http://ssrn.com/abstract=1830604

"Is There a Disposition Effect in Corporate Investment Decisions?: Evidence from Real Estate Investment Trusts'' with Jay C. Hartzell

http://ssrn.com/abstract=1031010