Welcome
Şenay Ağca Associate Professor of
Finance Department of Finance George Washington
University Funger Hall 505 Washington, DC 20052 Ph: (202) 994-9209 Fax: (202) 994-5014 Email: sagca@gwu.edu
Research:
Publications:
Ağca, Ş. and S. Islam.
“Can Collateralized Debt Obligations Equity Be Short on
Correlation?” Journal of
Alternative Investments, Spring 2010, 85-96.
Ağca, Ş., D. Agrawal and S. Islam
“Implied Correlations: Smiles or Smirks?” Journal of Derivatives,
Winter 2008, 7-35.[Lead Article]
Ağca, Ş. and S. Mansi. “Managerial Ownership, Takeover Defenses, and Debt
Financing.” Journal of Financial Research, Summer 2008, Vol. 31, 85-112. [Lead Article] [2008
Outstanding Paper Award]
Ağca, Ş. and A. Mozumdar. “The Impact of Capital
Market Imperfections on the Investment-Cash Flow Sensitivity.” Journal of Banking and Finance, 2008,
32, 207-216
Ağca, Ş. "The
Performance of Minimum M-Square Portfolios." International Journal of
Revenue Management, 2007, Vol. 1, No. 4, 327-345.
Ağca, Ş. "The
Performance of Alternative Risk Measures and Immunization Strategies under a
Heath-Jarrow-Morton Framework." Journal of
Financial and Quantitative Analysis, September 2005, Vol. 40, No. 3,
645-669.
Ağca, Ş. and D. M.
Chance.
"Two Extensions for Fitting Discrete Time Term Structure Models with
Normally Distributed Factors." Applied Mathematical
Finance, September 2004, Vol. 11, No. 3, 187-205.
Ağca, Ş., and D. M.
Chance “Speed and Accuracy Comparison of Bivariate
Normal Distribution Approximations for Option Pricing.” Journal of
Computational Finance, Summer 2003, Vol. 6, No. 4,
pp. 1-96.
Ağca. Ş.,
B. Ekşioğlu, and J. B. Ghosh.
“Lagrangian Solutions of
Maximum Dispersion Problems.” Naval Research Logistics,
March 2000, Vol. 47, pp. 97-114.
Working Papers:
“Investment-Cash
Flow Sensitivity: Fact or Fiction?” (with Abon Mozumdar)
“How
Does Sovereign Debt Affect Corporate Borrowing Costs in Emerging
Markets?” (with Oya Celasun)
“Credit Market
Reforms and Corporate Borrowing: International Evidence” (with Gianni
DeNicolo and Enrica Detragiache)
“Bank
Ownership, Proximity to Borrowers and Lending Behavior – Evidence from
Syndicated Loans” (with Hein Bogaard and Oya Celasun)
“The Reach of Corporate
Governance Beyond the Grave: Impact on Recoveries on Defaulted Debt”
(with Meghana Ayyagari,
Mark Carey, and Ugur Lel)
“Financing Choices Constrained
by the Amount of Debt Firms Can Support” (with Abon
Mozumdar)
Teaching:
Money and Capital Markets, Fixed Income Security Valuation, International
Finance, Computer Based Financial Analysis.
Updated:
October 2010