My research examines behavioral finance and corporate governance. In behavioral finance, I study investor behavior and investment biases, with particular interest in how physiology and cognition shape financial decisions. I examine these questions in both traditional financial markets and sports betting markets. In corporate governance, my work studies how culture and board composition shape firm behavior.
The SAD Side of Investment Biases with Robert Durand and Joye Khoo
Do female directors reduce corporate misconduct? with David Carter and Matthew Wynter
Retail Clienteles, Lottery Demand, and the MAX Effect with Andy Fodor
Local Culture and Firm Risk Taking: The Role of Religion in Mergers and Acquisitions with Nomalia Manna and Nathan Mauck
27. Fodor, A., Onuk, C., & Shank, C. (2026). Do Economically Meaningful Quote Differences Convey Private Information?. Finance Research Letters
26. Carter, D., Donker, H., Fodor, A., Jiraporn, P., & Shank, C. (2026). Do Shareholders Vote For Women Directors? The Role of Political Beliefs, Religiosity, and Social Capital. Applied Economics Letters.
25. Hupka, Y., Carter, D., & Shank, C. (2026). Socially Responsible Corporate Networks. Corporate Governance: An International Review.
24. Donker, H., Nofsinger, J., & Shank, C. (2025). CEOS, Parenthood, and Corporate Misconduct. Journal of Behavioral and Experimental Finance.
23. Krieger, K., & Shank, C. (2025). Do Sportsbooks Accurately Price Money Line Odds?. Journal of Prediction Markets.
22. Fodor, A., Patterson, F., & Shank, C. (2025). Anchoring Bias in the NFL Gambling Market. Economics Letters.
21. Mathers, A., & Shank, C. (2025). Local Vibrancy and Innovation Spillover. International Review of Economics and Finance.
20. Patterson, F., Shank, C., & Sipic, T. (2025). Do CEOs with daughters have greater board gender diversity?. International Journal of Accounting and Information Management.
19. Choi, N., Nofsinger, J., & Shank, C. (2024). Do Unhealthy Cities Produce Unhealthy Returns?. International Journal of Corporate Governance.
18. Boulton, T., & Shank, C. (2024). Terror Threat and Investor Sentiment: International Evidence . Global Finance Journal.
17. Carter, D., & Shank, C. (2023). Do Religiosity and Political Beliefs Affect Female Representation and Firm Performance?. International Review of Financial Analysis.
16. Donker, H., Nofsinger, J., & Shank, C. (2023). CEO Narcissism and Corporate Misconduct. Economics Letters.
15. Nofsinger, J., & Shank, C. (2023). Momentum Trading in the NFL Gambling Market. Finance Research Letters.
14. Shank, C. (2023). Close But No Cigar: Does Winning the Game Moderate or Amplify Failing to Cover the Spread in Future NFL Games. Applied Economics Letters.
13. Shank, C. (2022). Information Asymmetry in the NFL Gambling Market: Inside Information Versus Informed Bettors. Journal of Behavioral and Experimental Finance.
12. Nofsinger, J., Patterson, F., & Shank, C. (2022). Manager See Manager do: The Impact of Geographic Spillover on Corporate Social Responsibility. International Journal of Managerial Finance.
11. Durand, R., Patterson, F., & Shank, C. (2021). Behavioral Biases in the NFL Gambling Market: Overreaction to News and the Recency Bias. Journal of Behavioral and Experimental Finance.
10. Nofsinger, J., Patterson, F., & Shank, C. (2020). On The Physiology of Investment Biases: The Role of Testosterone and Cortisol. Journal of Behavioral Finance
9. Shank, C., Dupoyet, B., Durand, R., & Patterson, F. (2020). The Relationship between Psychopathy and Financial Risk and Time Preferences. Studies in Economics and Finance.
8. Nofsinger, J., & Shank, C. (2019). DEEP Sleep: The Impact of Sleep on Financial Risk Taking. Review of Financial Economics.
7. Shank, C. (2019). NFL Betting Market Efficiency, Divisional Rivals, and Profitable Strategies. Studies in Economics and Finance.
6. Shank, C. (2019). NFL Betting Biases, Profitable Strategies and the Wisdom of the Crowd. International Journal of Sport Finance.
5. Nofsinger, J., Patterson, F., & Shank, C. (2018). Decision Making, Financial Risk Aversion, and Behavioral Biases: The Role of Testosterone and Stress. Journal of Economics and Human Biology.
4. Shank, C. (2018). Deconstructing the Corporate Psychopath: An Examination of Deceptive Behavior. Review of Behavioral Finance.
3. Dupoyet, B., & Shank, C. (2018). Oil Prices Volatility or Direction: Which Matters More to Financial Markets?. Journal of Financial Markets and Portfolio Management.
2. Shank, C. (2018). Is the NFL Betting Market Still Inefficient?. Journal of Economics and Finance.
1. Shank, C., & Vianna, A. (2016). Are US-Dollar-Hedged-ETF Investors Aggressive on Exchange Rates? A Panel VAR approach. Research in International Business and Finance.