Andy Naranjo
- Full Professor
- Director, International Business Center
- Director, Fintech Research Center
Location
- Warrington College of Business
- Eugene F. Brigham Finance, Insurance and Real Estate Department
- International Business Center
- Fintech Research Center
- Stuzin Hall 309B
Expertise and interest areas
- Asset Pricing
- Capital Market Linkages and Flows
- Corporate Finance
- Financial Economics
- Information Flows and Processing
- International Finance
- Real Estate Finance
News
University of Florida Warrington College of Business launches FinTech Research Center – February 20, 2024 – With $600,000 in funding, the UF Warrington College of Business is advancing research and educational opportunities in the growing field of financial technology (commonly referred…
Level Up! – September 11, 2023 – Joshua Green is the Chief Financial Officer and Executive Vice President of Corporate Development of Survios, a Los Angeles-based gaming company focused on creating immersive…
Retail investors play a losing game with complex options, according to research – April 25, 2023 – GAINESVILLE, Fla. – In 2018, the Robinhood fintech app made a change that lowered the barrier to investing in the stock market – reducing the…
MSF program No. 6 in the nation, according to QS – October 17, 2022 – GAINESVILLE, Fla. – The William R. Hough Master of Science in Finance (MSF) program remained in the nation’s top 10 graduate finance programs on QS’…
3 top finance textbooks share the same home – UF’s Warrington College of Business – January 5, 2022 – What do some of the world’s leading finance textbooks have in common? Besides critical lessons on topics ranging from financial management to investments to real…
Courses taught
- Advanced DBA Research (FIN7978)
- Advanced DBA Research (MAN7978)
- Advanced Research (FIN7979)
- DBA Doctoral Dissertation/Defense (FIN7986)
- Honors Thesis (FIN4970)
- Independent Research (FIN4905)
- Individual Work in Finance (FIN6905)
- International Finance (FIN6626)
- International Finance (FIN6638)
- Intl Bus and Fin (FIN7931)
- Research for Doctoral Dissertation (FIN7980)
- Special Projects (FIN2951)
- Special Topics (GEB6930)
Education
- PhD – Financial and International Economics, Claremont Graduate University, 1994
- MA – Economics, Claremont Graduate University, 1988
- BS – Economics, University of California at Riverside, 1986
PhD students advised
- Averil Rescober — 2025 — Current
- Blake Jackson — 2020 — Current
- Brian Bailey — 2025 — Current
- Gary Andresen — 2025 — Current
- Hector Garcia — 2025 — Current
- Jans Veldkamp — 2025 — Current
- Dennis Vanegas — 2024 — 2026
- Divesh Pandey — 2024 — 2025
- Charles Williams — 2023 — 2024
- Chris Chatwin — 2023 — 2024
- Geoffrey Poyen — 2023 — 2024
- Guillermo Rodriguez — 2023 — 2024
- Matthew Son — 2023 — 2024
- Minmo Gahng — 2023 — 2024
- Seth Ruhter — 2023 — 2024
- Nicholas Sougiannis — 2022 — 2023
- Sachin Jaitly — 2022 — 2023
- Steve Francis — 2022 — 2023
- Tanya Petrova — 2022 — 2023
- Vincent Montanti — 2022 — 2023
- Joseph Leonard Smith — 2021 — 2022
- Neill Russell Sandifer — 2021 — 2022
- Yeshwanth Sampath — 2021 — 2022
- Yi Chen — 2021 — 2022
- Zhenhao Piao — 2021 — 2022
Professional service
- Book/Textbook Reviewer/Referee, Journal of Banking and Finance — 2016 to Present
- Book/Textbook Reviewer/Referee, Journal of Finance — 2000 to Present
- Book/Textbook Reviewer/Referee, Journal of Financial and Quantitative Analysis — 2000 to Present
- Book/Textbook Reviewer/Referee, Journal of Financial Intermediation — 2024 to Present
- Book/Textbook Reviewer/Referee, Journal of Real Estate Finance and Economics — 2013 to Present
- Book/Textbook Reviewer/Referee, Real Estate Economics — 2015 to Present
- Book/Textbook Reviewer/Referee, Review of Financial Studies — 2000 to Present
- Committee Member, Bretton Woods Accounting and Finance Conference — 2022 to Present
- Editor, Managerial Finance — 2019 to Present
- Editorial Review Board Member, Journal of Real Estate Research — 2024 to Present
- Editorial Review Board Member, Journal of Risk and Financial Management — 2020 to Present
Book chapter publications
- “Performance Manipulation in Private Equity”
- Status: Accepted
- Published Year: 2023
- Authors: Andy Naranjo, David Ling, Jackson Blake
Journal article publications
- u0022Overlapping Real Asset Networks and Corporate Investment”
- Status: Working Paper
- Authors: Andy Naranjo, David Ling, Chongyu Wang, Jeff Cohen
- “Betting on Elusive Returns: Retail Trading in Complex Options”
- Status: Working Paper
- Authors: Andy Naranjo, Mahendrarajah Nimalendran, Yanbin Wu
- “Catering and Return Manipulation in Private Equity”
- Status: Working Paper
- Journal: Journal of Financial Economics
- Authors: Andy Naranjo, David Ling, Jackson Blake
- “Cyber Security Breaches: Firm Disclosures and Stock Market Responses”
- Status: Working Paper
- Authors: Andy Naranjo, Svetlana Petrova
- “Implied Asset Return Profiles, Firm Fundamentals, and Stock Returns”
- Status: 1st Revise and Resubmit
- Journal: Management Science
- Authors: Andy Naranjo, Jongsub Lee, Stace Sirmans
- “Security Comes at a Cost: The Economic Consequences of U.S. Government Interventions in Foreign Investments”
- Status: Working Paper
- Authors: Andy Naranjo, Yuehua Tang, Sichong Chen
- “The Need for Speed: Internet Infrastructure Location and Real Asset Values”
- Status: Working Paper
- Authors: Andy Naranjo, David Ling, Ben Scheick
- “Trading ahead of the Disclosure: Cyber Security Breaches and Informed Trading”
- Status: Working Paper
- Authors: Andy Naranjo, Svetlana Petrova
- “Show Me the Receipts: B2B Payment Timeliness and Expected Returns”
- Status: Accepted
- Journal: Journal of Financial Economics
- Accepted Year: 2025
- Authors: Andy Naranjo, Atanas Mihov, Mihail Velikov, Paul Lieberman
- “Inter-firm Relationships and the Special Role of Common Banks”
- Status: Published
- Journal: Journal of Financial Intermediation
- Published Year: 2024
- Authors: Andy Naranjo, Nitish Kumar, Emanuela Giocomini
- What are the odds? Underdog Brands are Consumer Favorites
- Status: Published
- Journal: Economic Letters
- Published Year: 2022
- Authors: Michael Ryngaert, Andy Naranjo, Rick Borghesi
- CDS Momentum: Slow Moving Credit Ratings and Cross-Market Spillovers
- Status: Accepted
- Journal: The Review of Asset Pricing Studies
- Accepted Year: 2021
- Authors: Andy Naranjo, Jongsub Lee, Stace Sirmans
- Private Equity Real Estate Fund Performance: A Comparison to REITs and Open-end Core Funds
- Status: Accepted
- Journal: Journal of Portfolio Management
- Published Year: 2021
- Authors: Andy Naranjo, David Ling, Thomas Arnold
- There’s No Place like Home: Local Asset Concentrations and Information Asymmetries
- Status: Published
- Journal: Real Estate Economics
- Published Year: 2021
- Authors: David Ling, Andy Naranjo, Benjamin Scheick