Publications

2023 | 2022 | 2021 | 2020 | 2019

2023

Dombrowski, N., Drobetz, W., & Momtaz, P. P. (2023). Performance measurement of crypto funds. Economics Letters228, 111118.

https://doi.org/10.1016/j.econlet.2023.111118

Audretsch, D. B., Drobetz, W., Ernst, E. E., Momtaz, P. P., & Vismara, S. (2023). A Hurdle-Rate Theory of Inventive Procyclicality. Available at SSRN 4433491.

https://dx.doi.org/10.2139/ssrn.4433491

Momtaz, P. P. (2023). Emotions in New Venture Teams: Affects as Signals, Emotional Diversity, and Valuation Effects in Initial Coin Offerings (ICOs). Emotional Diversity, and Valuation Effects in Initial Coin Offerings (ICOs)(March 25, 2023).

https://dx.doi.org/10.2139/ssrn.4400030

Audretsch, D., Fisch, C., Franzoni, C., Momtaz, P. P., & Vismara, S. (2023). Academic Freedom and Innovation: A Research Note. arXiv preprint arXiv:2303.06097.

https://doi.org/10.48550/arXiv.2303.06097

Audretsch, D., Momtaz, P. P., Motuzenko, H., & Vismara, S. (2023). The Economic Costs of the Russia-Ukraine War: A Synthetic Control Study of (Lost) Entrepreneurship. arXiv preprint arXiv:2303.02773.

https://doi.org/10.48550/arXiv.2303.02773

Hornuf, L., Momtaz, P. P., Nam, R. J., & Yuan, Y. (2023). Cybercrime on the Ethereum Blockchain.

https://dx.doi.org/10.2139/ssrn.4538046

Momtaz, P. P. (2023). Essays in Innovation and Entrepreneurial Finance (Doctoral dissertation, UCLA).

Dombrowski, N., Drobetz, W., Hornuf, L., & Momtaz, P. P. (2023). The Financial and Non-Financial Performance of Token-Based Crowdfunding: Certification Arbitrage, Investor Choice, and the Optimal Timing of ICOs.

https://dx.doi.org/10.2139/ssrn.4431384

Bellavitis, C., Fisch, C., & Momtaz, P. P. (2023). The rise of decentralized autonomous organizations (DAOs): a first empirical glimpse. Venture Capital25(2), 187-203.

https://doi.org/10.1080/13691066.2022.2116797

Momtaz, P. P. (2023). The economics of PIPEs, revisited. Small Business Economics60(1), 59-83.

https://doi.org/10.1007/s11187-022-00634-5

Hahn, S., Momtaz, P. P., & Wieandt, A. (2023). The economics of banking regulation in Europe: does the post-GFC bail-in regime effectively eliminate implicit government guarantees?. The European Journal of Finance29(7), 700-725.

https://doi.org/10.1080/1351847X.2022.2058882

Momtaz, P. P. (2023). Security tokens. In The Emerald Handbook on Cryptoassets: Investment Opportunities and Challenges (pp. 61-78). Emerald Publishing Limited.

https://doi.org/10.1108/978-1-80455-320-620221005

 

2022

Momtaz, P. P., Nam, R. J., & Fisch, C. (2022). Blockchain investors. Available at SSRN 4163004.

Cumming, D. J., Dombrowski, N., Drobetz, W., & Momtaz, P. P. (2022). Decentralized finance, crypto funds, and value creation in tokenized firms. Crypto Funds, and Value Creation in Tokenized Firms (May 7, 2022).

https://dx.doi.org/10.2139/ssrn.4102295

Momtaz, P. P. (2022). Is Decentralized Finance (DeFi) Efficient?. Available at SSRN 4095397.

https://dx.doi.org/10.2139/ssrn.4095397

Faust, L., Kolbe, M., Mansouri, S., & Momtaz, P. P. (2022). The crowdfunding of altruism. Journal of Risk and Financial Management15(3), 138.

https://doi.org/10.3390/jrfm15030138

Giudici, G., Grassi, L., & Momtaz, P. P. (2022). SCALING UP THE FINTECH BUSINESS: COMPETITION, REGULATION & DATA MANAGEMENT. Journal of Economics and Business121, 1-5.

https://dx.doi.org/10.1016/j.jeconbus.2022.106085

Momtaz, P. P. (2022). Some very simple economics of web3 and the metaverse. FinTech1(3), 225-234.

https://doi.org/10.3390/fintech1030018
 

Mansouri, S., & Momtaz, P. P. (2022). Financing sustainable entrepreneurship: ESG measurement, valuation, and performance. Journal of Business Venturing37(6), 106258.

https://doi.org/10.1016/j.jbusvent.2022.106258

Colombo, M. G., Fisch, C., Momtaz, P. P., & Vismara, S. (2022). The CEO beauty premium: Founder CEO attractiveness and firm valuation in initial coin offerings. Strategic Entrepreneurship Journal16(3), 491-521.

https://doi.org/10.1002/sej.1417

Kolbe, M., Mansouri, S., & Momtaz, P. P. (2022). Why do video pitches matter in crowdfunding?. Journal of Economics and Business122, 106081.

https://doi.org/10.1016/j.jeconbus.2022.106081

 

 

2021

Barg, J. A., Drobetz, W., & Momtaz, P. P. (2021). Valuing start-up firms: A reverse-engineering approach for fair-value multiples from venture capital transactions. Finance Research Letters43, 102008.

https://doi.org/10.1016/j.frl.2021.102008

Momtaz, P. P. (2021). An Empirical Equilibrium Model of the Brokered Market for Patents. SSRN.

Momtaz, P. P. (2021). Token offerings research database (tord).

Bernardo, A., Momtaz, P. P., & Welch, I. (2021). The discount for lack of marketability in private investments in public equity.

Momtaz, P. P. (2021). Econometric models of duration data in entrepreneurship with an application to start-ups' time-to-funding by venture capitalists (VCs). Journal of Applied Statistics48(13-15), 2673-2694.

https://doi.org/10.1080/02664763.2021.1896686

Dissanaike, G., Drobetz, W., Momtaz, P. P., & Rocholl, J. (2021). The economics of law enforcement: Quasi-experimental evidence from corporate takeover law. Journal of Corporate Finance67, 101849.

https://doi.org/10.1016/j.jcorpfin.2020.101849

Momtaz, P. P. (2021). CEO emotions and firm valuation in initial coin offerings: an artificial emotional intelligence approach. Strategic Management Journal42(3), 558-578.

https://doi.org/10.1002/smj.3235

Momtaz, P. P. (2021). Entrepreneurial finance and moral hazard: evidence from token offerings. Journal of Business Venturing36(5), 106001.

https://doi.org/10.1016/j.jbusvent.2020.106001

Momtaz, P. P. (2021). The pricing and performance of cryptocurrency. The European Journal of Finance27(4-5), 367-380.

https://doi.org/10.1080/1351847X.2019.1647259

Momtaz, P. P. (2021). Initial coin offerings, asymmetric information, and loyal CEOs. Small business economics57(2), 975-997.

https://doi.org/10.1007/s11187-020-00335-x

 

 

2020

Fisch, C., & Momtaz, P. P. (2020). Institutional investors and post-ICO performance: an empirical analysis of investor returns in initial coin offerings (ICOs). Journal of Corporate Finance64, 101679.

https://doi.org/10.1016/j.jcorpfin.2020.101679

Drobetz, W., & Momtaz, P. P. (2020). Antitakeover provisions and firm value: New evidence from the M&A market. Journal of Corporate Finance62, 101594.

https://doi.org/10.1016/j.jcorpfin.2020.101594

Momtaz, P. P. (2020). Initial coin offerings. Plos one15(5), e0233018.

https://doi.org/10.1371/journal.pone.0233018

Drobetz, W., & Momtaz, P. P. (2020). Corporate governance convergence in the European M&A market. Finance Research Letters32, 101091.

https://doi.org/10.1016/j.frl.2019.01.003

Dissanaike, G., Drobetz, W., & Momtaz, P. P. (2020). Competition policy and the profitability of corporate acquisitions. Journal of Corporate Finance62, 101510.

https://doi.org/10.1016/j.jcorpfin.2019.101510

 

 

 

2019

Momtaz, P. P., Rennertseder, K., & Schröder, H. (2019). Token offerings: A revolution in corporate finance?. Available at SSRN 3346964.

https://dx.doi.org/10.2139/ssrn.3346964

Momtaz, P. P. (2019). Token sales and initial coin offerings: introduction. The Journal of Alternative Investments21(4), 7-12.

Drobetz, W., Momtaz, P. P., & Schröder, H. (2019). Investor sentiment and initial coin offerings. The Journal of Alternative Investments21(4), 41-55.