User profiles for John B. McDermott

John B. McDermott

Fairfield University
Verified email at fairfield.edu
Cited by 1145

The liquidity effects of revisions to the S&P 500 index: An empirical analysis

SP Hegde, JB McDermott - Journal of Financial Markets, 2003 - Elsevier
We study liquidity effects following S&P 500 index revisions. Using a recent sample of S&P
500 additions, we find a sustained increase in the liquidity of the added stocks. Further, the …

Information asymmetry and investment–cash flow sensitivity

A Ascioglu, SP Hegde, JB McDermott - Journal of Banking & Finance, 2008 - Elsevier
Models of capital market imperfections predict that information asymmetry decreases firm
investment and increases the sensitivity of investment expenditures to fluctuations in internal …

The market liquidity of DIAMONDS, Q's, and their underlying stocks

SP Hegde, JB McDermott - Journal of Banking & Finance, 2004 - Elsevier
We investigate the market liquidity effects of the introduction of index-tracking stocks for the
Dow Jones Industrial Average (DIAMONDS) and the NASDAQ 100 index (Q's). Our main …

Earnings management and market liquidity

…, SP Hegde, GV Krishnan, JB McDermott - Review of Quantitative …, 2012 - Springer
The main purpose of this paper is to argue the extent that earnings management lowers
disclosure quality. It should increase information asymmetry and impair trading liquidity. Using a …

Auditor compensation, disclosure quality, and market liquidity: Evidence from the stock market

A Ascioglu, SP Hegde, JB McDermott - Journal of Accounting and Public …, 2005 - Elsevier
Previous studies on the effects of auditor compensation on disclosure quality have focused
on accounting measures, such as earnings management, discretionary accruals, and …

Quantitative use of model compound information: Monte Carlo simulation of the reactions of complex macromolecules

JB McDermott, C Libanati, C LaMarca… - Industrial & engineering …, 1990 - ACS Publications
A Monte Carlo simulation of complex depolymerization reactions was developed. Transition
probabilities derived through analysis of simple prototype reaction sequences were used to …

Two strategies for PCB soil remediation: biodegradation and surfactant extraction

JB McDermott, R Unterman, MJ Brennan… - Environmental …, 1989 - Wiley Online Library
Two strategies for the cleanup of PCB‐contaminated soils are being developed: biodegradation
by selected bacteria and extraction with aqueous surfactant solutions. Extensive …

Biological approaches for polychlorinated biphenyl degradation

…, RE Brooks, DP Mobley, JB McDermott… - … : reducing risks from …, 1988 - Springer
The accumulation of xenobiotic compounds in our environment has had a profound effect
on our physical, social, economic, and political well-being. Some of these substances have …

Firm Characteristics as Cross‐sectional Determinants of Adverse Selection

SP Hegde, JB McDermott - Journal of Business Finance & …, 2004 - Wiley Online Library
We analyze the role of firm characteristics in determining the extent of adverse selection,
and therefore liquidity, in securities markets. After controlling for the effects of the well‐…

Stock market volatility in an emerging market: Further evidence from the Athens Stock Exchange

GE Chortareas, JB McDermott… - Journal of Business …, 2000 - Wiley Online Library
We investigate the time series properties of the daily and weekly returns from the Athens Stock
Exchange (ASE) index for the years 1987 to 1997. We investigate whether important time‐…