Mark Humphery-Jenner

Honours Coordinator
Associate Professor

Mark’s research spans corporate finance, venture capital, and law. He has published and forthcoming papers in finance journals including the Journal of Financial Economics, Journal of Financial and Quantitative analysis, Review of Finance, Journal of Financial Intermediation, and Journal of Corporate Finance. Mark has also published leading management journals, such as Strategic Management Journal and Journal of International Business Studies. He has worked in industry, after working in investment banking, he has consulted for hedge funds. He has also been teaching in various capacities since 2006 and has been an assistant professor in finance since 2012.

Journal articles
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Hsu P-H; Huang P; Humphery-Jenner M; Powell R, 2021, 'Cross-border Mergers and Acquisitions for Innovation', Journal of International Money and Finance: theoretical and empirical research in international economics and finance, vol. 112, pp. 102320 - 102320, http://dx.doi.org/10.1016/j.jimonfin.2020.102320
2021
Banerjee S; Dai L; Humphery-Jenner M; Nanda V, 2020, 'Governance, Board Inattention, and the Appointment of Overconfident CEOs', Journal of Banking & Finance, pp. 105733 - 105733, http://dx.doi.org/10.1016/j.jbankfin.2019.105733
2020
Humphery-Jenner M; Powell R; Zhang EJ, 2019, 'Practice makes progress: Evidence from divestitures', Journal of Banking and Finance, vol. 105, pp. 1 - 19, http://dx.doi.org/10.1016/j.jbankfin.2019.04.004
2019
Banerjee S; Humphery-Jenner ML; Nanda V; Tham M, 2018, 'Executive Overconfidence and Securities Class Actions', Journal of Financial and Quantitative Analysis, vol. 53, pp. 2685 - 2719, http://dx.doi.org/10.1017/S0022109018001291
2018
Humphery-Jenner ML; Karpavicius S; Suchard , 2018, 'Underwriter relationships and shelf offerings', Journal of Corporate Finance, vol. 49, pp. 283 - 307, http://dx.doi.org/10.1016/j.jcorpfin.2018.01.004
2018
Banerjee S; Humphery-Jenner ML; Nanda V, 2018, 'Does CEO Bias Escalate Repurchase Activity?', Journal of Banking and Finance, vol. 93, pp. 105 - 126, http://dx.doi.org/10.1016/j.jbankfin.2018.02.003
2018
Humphery-Jenner ML; Sautner Z; Suchard J-A, 2017, 'Cross-Border Mergers and Acquisitions: The Role of Private Equity Firms', Strategic Management Journal, vol. 38, pp. 1688 - 1700, http://dx.doi.org/10.1002/smj.2623
2017
Banerjee S; Humphery-Jenner M, 2016, 'Directors’ duties of care and the value of auditing', Finance Research Letters, vol. 19, pp. 1 - 14, http://dx.doi.org/10.1016/j.frl.2016.05.004
2016
Humphery-Jenner ML; Lisic L; Nanda V; Silveri S, 2016, 'Executive overconfidence and compensation structure', Journal of Financial Economics, vol. 119, pp. 533 - 558, http://dx.doi.org/10.1016/j.jfineco.2016.01.022
2016
Banerjee S; Humphery-Jenner ML; Nanda V, 2015, 'Restraining Overconfident CEOs through Improved Governance: Evidence from the Sarbanes-Oxley Act', The Review of Financial Studies, vol. 28, pp. 2812 - 2858, http://dx.doi.org/10.1093/rfs/hhv034
2015
Humphery-Jenner ML; Powell R, 2014, 'Firm size, sovereign governance, and value creation: Evidence from the acquirer size effect', Journal of Corporate Finance, vol. 26, pp. 57 - 77, http://dx.doi.org/10.1016/j.jcorpfin.2014.02.009
2014
Humphery-Jenner ML, 2014, 'Barristers operating as corporations', Journal of Corporate Law Studies, vol. 14, pp. 277 - 286, http://dx.doi.org/10.5235/14735970.14.1.277
2014
Humphery-Jenner M, 2014, 'Takeover defenses, innovation, and value creation: Evidence from acquisition decisions', Strategic Management Journal, vol. 35, pp. 668 - 690, http://dx.doi.org/10.1002/smj.2121
2014
Dutt T; Humphery-Jenner M, 2013, 'Stock return volatility, operating performance and stock returns: International evidence on drivers of the 'low volatility' anomaly', Journal of Banking and Finance, vol. 37, pp. 999 - 1017, http://dx.doi.org/10.1016/j.jbankfin.2012.11.001
2013
Humphery-Jenner M; Suchard JC, 2013, 'Foreign VCs and venture success: Evidence from China', Journal of Corporate Finance, vol. 21, pp. 16 - 35, http://dx.doi.org/10.1016/j.jcorpfin.2013.01.003
2013
Humphery-Jenner M, 2013, 'Strong financial laws without strong enforcement: Is good law always better than no law?', Journal of Empirical Legal Studies, vol. 10, pp. 288 - 324, http://dx.doi.org/10.1111/jels.12011
2013
Humphery-Jenner M, 2013, 'Diversification in Private Equity Funds: On Knowledge-Sharing, Risk-Aversion and Limited-Attention', Journal of Financial and Quantitative Analysis, vol. 48, pp. 1545 - 1572, http://dx.doi.org/10.1017/S0022109013000501
2013
Humphery-Jenner M; Suchard JC, 2013, 'Foreign venture capitalists and the internationalization of entrepreneurial companies: Evidence from China', Journal of International Business Studies, vol. 44, pp. 607 - 621, http://dx.doi.org/10.1057/jibs.2013.22
2013
Humphery-Jenner M, 2012, 'Internal and external discipline following securities class actions', Journal of Financial Intermediation, vol. 21, pp. 151 - 179, http://dx.doi.org/10.1016/j.jfi.2011.09.001
2012
Humphery-Jenner M, 2012, 'Balanced Budget Rules and Expenditure Limits: Lessons from the US and Australia and Implications for the EU', German Law Journal, vol. 13, pp. 607 - 636, http://www.germanlawjournal.com/index.php?pageID=11&artID=1434
2012
Humphery-Jenner M, 2012, 'Stimulating Venture Activity through Government Investment in Venture Funds', European Business Organization Law Review, vol. 13, pp. 103 - 124, http://dx.doi.org/10.1017/S1566752912000055
2012
Humphery-Jenner M, 2012, 'The Desirability of ‘Weak’ Form Legal Harmonization: Perspectives from Statutory Interpretation and Legal Coherence', German Law Journal, vol. 13, pp. 807 - 828, http://www.germanlawjournal.com/index.php?pageID=11&artID=1443
2012
Humphery-Jenner M, 2012, 'The Governance and Performance of Chinese Companies Listed Abroad: An Analysis of China's Merits Review Approach to Overseas Listings', Journal of Corporate Law Studies, vol. 12, pp. 333 - 365, http://dx.doi.org/10.5235/JCLS.12.2.333
2012
Humphery-Jenner M, 2012, 'Does deference promote principled interpretations of statutes?', Legisprudence, vol. 6, pp. 99 - 131, http://dx.doi.org/10.5235/175214612800902507
2012
Humphery-Jenner M, 2012, 'The impact of the EU takeover directive on takeover performance and empire building', Journal of Corporate Finance, vol. 18, pp. 254 - 272, http://dx.doi.org/10.1016/j.jcorpfin.2011.12.004
2012
Harford J; Humphery-Jenner M; Powell RG, 2012, 'The Sources of Value Destruction in Acquisitions by Entrenched Managers', Journal of Financial Economics, vol. 106, pp. 247 - 261, http://dx.doi.org/10.1016/j.jfineco.2012.05.016
2012
Humphery-Jenner M, 2012, 'Private Equity Fund Size, Investment Size, and Value Creation', Review of Finance, vol. 16, pp. 799 - 835, http://dx.doi.org/10.1093/rof/rfr011
2012
Humphery-Jenner M, 2011, 'Securities Fraud Compensation: A Legislative Scheme Drawing on China, the US, and the UK', Legal Issues of Economic Integration, vol. 38, pp. 143 - 162
2011
Humphery-Jenner M; Powell RG, 2011, 'Firm size, takeover profitability, and the effectiveness of the market for corporate control: Does the absence of anti-takeover provisions make a difference?', Journal of Corporate Finance, vol. 17, pp. 418 - 437, http://dx.doi.org/10.1016/j.jcorpfin.2011.01.002
2011
Humphery-Jenner M, 2011, 'Optimal VWAP trading under noisy conditions', Journal of Banking and Finance, vol. 35, pp. 2319 - 2329, http://dx.doi.org/10.1016/j.jbankfin.2011.01.028
2011
Humphery-Jenner M, 2009, 'Should Common Law Doctrines Dynamically Guide the Interpretation of Statutes?', Legisprudence:International Journal for the Study of Legislation, vol. 3, pp. 171 - 189, http://www.ingentaconnect.com/content/hart/legis/2009/00000003/00000002/art00002
2009
Humphery M, 2009, 'When Does 'Fraud on the Market' Induce a Right to Damages?', Monash University Law Review, vol. 35, pp. 422 - 445
2009
Book Chapters
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Humphery-Jenner M; Wu E, 2013, 'Trading Costs and Execution Strategies in Emerging Markets', in Baker HK; Kiymaz H (ed.), Market Microstructure in Emerging and Developed Markets: Price Discovery, Information Flows, and Transaction Costs, edn. Robert W Kolb Series in Finance, John Wiley & Sons, Hoboken, NJ, pp. 425 - 443, http://dx.doi.org/10.1002/9781118681145.ch23
2013
  • Discovery Early Career Researcher Award (DECRA) 2014, Executive Overconfidence ($369,000)
Humphery-Jenner M, 2021, Christian Porter's defamation action: a slightly technical overview, https://newsroom.unsw.edu.au/news/business-law/christian-porters-defamation-action-slightly-technical-overview
2021
Humphery-Jenner M, 2021, 3 useful things to know about stocks and market manipulation, https://www.businessthink.unsw.edu.au/articles/market-manipulation-stocks
2021

Bringing Economics to the Marriage Equality Debate

20/05/2016
Humphery-Jenner M, 2020, What we know suggests the economic impact of Wuhan coronavirus will be limited, https://theconversation.com/what-we-know-suggests-the-economic-impact-of-wuhan-coronavirus-will-be-limited-130598
2020
Humphery-Jenner M, 2019, Good governance may be Uber's savior
2019
Humphery-Jenner M, 2019, Why bank shares are climbing despite the royal commission, https://theconversation.com/why-bank-shares-are-climbing-despite-the-royal-commission-111175
2019
Humphery-Jenner M, 2019, Litigation is the real reason financial reports are becoming harder to read, https://theconversation.com/litigation-is-the-real-reason-financial-reports-are-becoming-harder-to-read-127102
2019
Humphery-Jenner M, 2019, Honest brokers. Why mortgage broker commissions aren’t the problem, https://theconversation.com/honest-brokers-why-mortgage-broker-commissions-arent-the-problem-111631
2019
Humphery-Jenner M, 2019, Going up. Monday showed what the market thinks of Morrison, https://theconversation.com/going-up-monday-showed-what-the-market-thinks-of-morrison-117396#comment_1926362
2019
Humphery-Jenner M, 2019, The real reasons the share market surged on Monday, https://thenewdaily.com.au/money/finance-news/2019/05/21/why-stock-market-surged/
2019
Humphery-Jenner M, 2019, Why Australia’s first securities class action judgment (sort of) cleared Myer, https://theconversation.com/why-australias-first-securities-class-action-judgment-sort-of-cleared-myer-125925
2019
Humphery-Jenner M, 2019, Four questions about mortgages the ACCC inquiry should put to the big four banks, https://theconversation.com/four-questions-about-mortgages-the-accc-inquiry-should-put-to-the-big-four-banks-125224
2019
Humphery-Jenner M, 2018, Better than the alternative. What the market thought of ScoMo, https://theconversation.com/better-than-the-alternative-what-the-market-thought-of-scomo-102349
2018
Humphery-Jenner M, 2018, Pole Studio Consolidation
2018
Humphery-Jenner M, 2018, TPG bid for Fairfax: what usually happens when private equity meets media?, https://theconversation.com/tpg-bid-for-fairfax-what-usually-happens-when-private-equity-meets-media-77313
2018
Humphery-Jenner M, 2018, FactCheck: do bank profits ‘belong to everyday Australians’?, https://theconversation.com/factcheck-do-bank-profits-belong-to-everyday-australians-88156
2018
Humphery-Jenner M, 2018, Think twice before forcing change at the top of a company, http://www.scmp.com/business/companies/article/2127938/think-twice-forcing-change-top-company
2018
Humphery-Jenner M, 2017, Why mass deportations are costly and hurt the economy, https://theconversation.com/why-mass-deportations-are-costly-and-hurt-the-economy-73504
2017
Humphery-Jenner M, 2017, Why religious exemptions on same-sex marriage are a backward step, http://www.abc.net.au/news/2017-11-13/religious-exemptions-on-same-sex-marriage-are-a-backward-step/9145124
2017
Humphery-Jenner M, 2017, Same-sex marriage: Religious exemptions bad for business, Australia's reputation, http://www.abc.net.au/news/2017-10-03/same-sex-marriage-exemptions-would-be-bad-for-buisness/9007896
2017
Humphery-Jenner M, 2017, Explainer: what exactly must companies disclose to investors?, https://theconversation.com/explainer-what-exactly-must-companies-disclose-to-investors-82979
2017
Humphery-Jenner M, 2017, The value of foreign VCs to Chinese firms, https://cpianalysis.org/2017/05/08/the-value-of-foreign-vcs-to-chinese-firms/
2017
Humphery-Jenner M, 2017, What’s behind the rise in shareholder class actions, https://theconversation.com/whats-behind-the-rise-in-shareholder-class-actions-72356
2017
Humphery-Jenner M, 2017, Disappearing votes: why investors should steer clear of Snapchat’s dual-class shares, https://theconversation.com/disappearing-votes-why-investors-should-steer-clear-of-snapchats-dual-class-shares-71710
2017
Humphery-Jenner M, 2017, Too big, too expensive and too silly: why video game movies fail, https://theconversation.com/too-big-too-expensive-and-too-silly-why-video-game-movies-fail-71336
2017
Humphery-Jenner M, 2017, Sorry, Slater and Gordon is not an argument against listed law firms, https://www.lawyersweekly.com.au/biglaw/21146-sorry-slater-and-gordon-is-not-an-argument-against-listed-law-firms#ccomment-content-21146
2017
Humphery-Jenner M, 2016, Brexit harms startups but it may not be fatal
2016
Humphery-Jenner M, 2016, Why Australia legalising same-sex marriage makes good business sense
2016
Humphery-Jenner M, 2016, Seven ways to tell whether a private equity-backed IPO should be avoided
2016
Humphery-Jenner M, 2016, How 18C actually protects free speech
2016
Humphery-Jenner M, 2016, Is your company advertising in games? Here are the three key reasons why it should
2016
Humphery-Jenner M, 2016, Private equity isn’t all bad: how PE funds help companies expand overseas
2016
Humphery-Jenner M, 2016, What went wrong with Pokémon Go? Three lessons from its plummeting player numbers
2016
Humphery-Jenner M, 2016, The problems with AT&T’s bid for Time Warner
2016
Humphery-Jenner M, 2016, What’s behind the Trump bump in markets
2016
Humphery-Jenner M, 2016, Fixing an ailing Obamacare: four ways to address rising costs and less choice
2016
Humphery-Jenner M, 2016, Politicians who tweet-shame risk economic damage
2016
Humphery-Jenner M, 2021, Should Short Selling be Banned, https://www.businessthink.unsw.edu.au/articles/GameStop-stock-shares-short-selling
2021

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