2023 | 2022 | 2021 | 2020 | 2019


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

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).

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

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

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.

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

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

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.

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



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).

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

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

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

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

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

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




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.

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.

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.

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

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

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

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




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.

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

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

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

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





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