Leonard Kostovetsky

Leonard Kostovetsky

Assc Professor

Zicklin School of Business

Department: Bert Wasserman Dept Eco & Fin

Areas of expertise:

Email Address: leonard.kostovetsky@baruch.cuny.edu

> View CV

Education

Ph.D., Economics, Princeton University Princeton United States

M.S., Economics, Princeton University Princeton United States

B.A., Economics, Princeton University Princeton United States

SemesterCourse PrefixCourse NumberCourse Name
Fall 2023FIN3610Corporate Finance
Fall 2023FIN3610Corporate Finance
Fall 2023FIN3610Corporate Finance
Fall 2022FIN3610Corporate Finance
Fall 2022FIN3610Corporate Finance

Journal Articles

Kostovetsky, L., & Benedetti, H. (2021). Digital Tulips? Returns to investors in initial coin offerings. JOURNAL OF CORPORATE FINANCE, 66.

Kostovetsky, L., & Warner, J. B. (2020). Measuring Innovation and Product Differentiation: Evidence from Mutual Funds. JOURNAL OF FINANCE, 75(2). 779-823.

Kostovetsky, L., Knyazeva, A., & Knyazeva, D. (2018). Investor heterogeneity and trading. EUROPEAN FINANCIAL MANAGEMENT, 24(4). 680-718.

Kostovetsky, L. (2017). Brain Drain: Are Mutual Funds Losing Their Best Minds?. QUARTERLY JOURNAL OF FINANCE, 7(3).

Kostovetsky, L. (2016). Whom Do You Trust?: Investor-Advisor Relationships and Mutual Fund Flows. REVIEW OF FINANCIAL STUDIES, 29(4). 898-936.

Kostovetsky, L., & Warner, J. B. (2015). You're Fired! New Evidence on Portfolio Manager Turnover and Performance. JOURNAL OF FINANCIAL AND QUANTITATIVE ANALYSIS, 50(4). 729-755.

Kostovetsky, L. (2015). Political capital and moral hazard. JOURNAL OF FINANCIAL ECONOMICS, 116(1). 144-159.

Kostovetsky, L., & Di Giuli, A. (2014). Are red or blue companies more likely to go green? Politics and corporate social responsibility. JOURNAL OF FINANCIAL ECONOMICS, 111(1). 158-180.

(2012). Red and blue investing: Values and finance. JOURNAL OF FINANCIAL ECONOMICS, 103(1). 1-19.

(2003). Index mutual funds and exchange-traded funds - A comparison of two methods of passive investment. JOURNAL OF PORTFOLIO MANAGEMENT, 29(4). 80-+.

Research Currently in Progess

Kostovetsky, L., & Manconi, A.(n.d.). How Much Labor Do You Need to Manage Capital?.

Kostovetsky, L., & Manconi, A.(n.d.). Common Institutional Ownership and Diffusion of Innovation. In Progress.

Kostovetsky, L., & Ratushny, V.(n.d.). Returns to Specialization: Evidence from Health Mutual Fund Managers.

Kostovetsky, L., & Warner, J.(n.d.). Investor Heterogeneity and the Market for Fund Benchmarks: Evidence from Passive ETFs.

Kostovetsky, L.(n.d.). One Hundred Years of Mutual Funds. In Progress.

Work in Progress

Kostovetsky, L.(n.d.). A Taxonomy of Investment Strategies. In Progress.

Work in Progress

Kostovetsky, L.(n.d.). Revealed Preferences of ESG Funds. In Progress.

Work in Progress

College

Committee NamePosition RoleStart DateEnd Date
Oral Exam Committee for Chang-Shu ChungCommittee Member5/20/2024
Oral Exam Committee for Yukun LiuCommittee Member5/20/2024
Oral Exam Committee for Richard IeongCommittee Member5/14/2024
Committee on Screening Papers for 2024 Baruch ESG ConferenceCommittee Member12/21/2023
Admissions committee for PhD in financeCommittee Member5/1/2023
Search committee for junior positions in finance and entrepreneurshipCommittee Member3/1/2023