Todd Griffith

Journal Articles

Academic Journal

• Griffith, T., Bickmore, E., Blau, B., Whitby, R., (2025). Corporate lobbying, political action committees, and market concentration. The Journal of Financial Research
• Griffith, T., Blau, B., Baig, A., Sabah, N., (2025). Price clustering and the informational efficiency of stock prices. The Journal of Financial Research
• Griffith, T., Blau, B., Whitby, R., (2025). Corporate lobbying and tax avoidance. Applied Economics
• Griffith, T., Blau, B., Whitby, R., (2025). Financial development and mortality rates. Applied Economics, 57:3
• Griffith, T., Baig, A., Blau, B., Whitby, R., (2024). Political Protection: The Case of Large-Scale Oil Spills and the Stock Prices of Energy Firms. International Review of Finance, 25:1
• Griffith, T., Cox, J., Van Ness, R., (2024). Market structure and price clustering: Maker‐taker versus taker‐maker. Journal of Financial Research, 47:3, 767-787.
• Griffith, T., Blau, B., Whitby, R., (2023). Airline Disasters and the Performance of Tourism and Hospitality Stocks. Public Choice, 28:2
• Griffith, T., Blau, B., Voges, R., (2023). Daily short selling around reverse stock splits. Journal of Financial Markets, 65
• Griffith, T., Blau, B., Whitby, R., (2023). Industry regulation and the comovement of stock returns. Journal of Empirical Finance, 73, 206-219.
• Griffith, T., Blau, B., Whitby, R., Woodward, D., (2023). Anchor Reversion: The Case of the 52-Week High and Asset Prices. Journal of Behavioral Finance
• Griffith, T., Davis, R., Van Ness, R., (2023). Modern OTC market structure and liquidity: The tale of three tiers. Journal of Financial Markets, 64
• Griffith, T., Shang, D., (2023). Cryptocurrency regulation and market quality. Journal of International Financial Markets, Institutions and Money, 84
• Griffith, T., Baig, A., Berkowitz, J., DeLisle, R., (2023). COVID-19 Intensity Across U.S. States and the Liquidity of U.S. Equity Markets. The Financial Review, 58:2, 235-259.
• Griffith, T., Blau, B., Whitby, R., (2022). Pharmaceutical Innovation and Access to Financial Markets. Plos one
• Griffith, T., Blau, B., Whitby, R., (2022). Lobbying and lending by banks around the financial crisis. Public Choice, 192
• Griffith, T., Baig, A., Breeze, S., Cox, J., (2021). Settling down: T+2 settlement cycle and liquidi. European Financial Management
• Griffith, T., Blau, B., Larsen, D., Whitby, R., (2021). Corporate lobbying and the value of firms: The case of defense firms and the 9/11 terrorist attacks. International Review of Finance
• Griffith, T., Blau, B., Whitby, R., (2021). Inflation and Bitcoin: A descriptive time-series analysis. Economics Letters, 203
• Griffith, T., Davis, R., Roseman, B., Yildiz, S., (2021). The effects of exchange listing on market quality: Evidence from over-the-counter uplistings. The Financial Review, 56:4
• Griffith, T., Blau, B., Whitby, R., (2021). Income inequality and the volatility of stock prices. Applied Economics, 53:38
• Griffith, T., Battalio, R., Van Ness, R., (2021). Do (Should) Brokers Route Limit Orders to Options Exchanges That Purchase Order Flow?. Journal of Financial and Quantitative Analysis, 56:1
• Griffith, T., Blau, B., Whitby, R., (2021). On the Ethics of “Non-Corporate” Insider Trading. Journal of Business Ethics
• Griffith, T., Blau, B., Whitby, R., (2021). Price Clustering, Preferences for Round Prices, and Expected Returns. Journal of Behavioral Finance
• Griffith, T., Blau, B., Whitby, R., (2020). Opacity and the Comovement in the Stock Prices of Banks. Accounting and Finance, 60:4
• Griffith, T., Blau, B., Whitby, R., (2020). Comovement in the Cryptocurrency Market . Economics Bulletin, 40:1
• Griffith, T., Baig, A., Blau, B., (2020). Firm Opacity and the Clustering of Stock Prices: the Case of Financial Intermediaries. Journal of Financial Services Research
• Griffith, T., Liebenberg, A., (2020). The Effect of Incidental Reinsurance Assumption on Insurer Performance. North American Actuarial Journal , 25:4
• Griffith, T., Roseman, B., Shang, D., (2020). The effects of an increase in equity tick size on stock and option transaction costs. Journal of Banking and Finance, 114
• Griffith, T., Cox, J., (2019). When Elections Fail to Resolve Uncertainty: The Case of the 2016 U.S. Presidential Election. The Journal of Financial Research, 42:4
• Griffith, T., Van Ness, R., (2019). Order Cancellations, Fees, and Execution Quality in U.S. Equity Options. The Review of Financial Studies, 33:4
• Griffith, T., Roseman, B., (2019). Making cents of tick sizes: The effect of the 2016 U.S. SEC tick size pilot on limit order book liquidity. Journal of Banking and Finance, 101
• Griffith, T., Blau, B., Whitby, R., (2019). Information in stock prices: the case of the 2016 U.S. presidential election. Applied Economics, 51:40
• Griffith, T., Blau, B., Whitby, R., (2018). The Maximum Bid-Ask Spread. Journal of Financial Markets, 41, 1-16.
• Griffith, T., Van Ness, R.A, Van Ness, B.F, (2017). High-Frequency Trading Patterns around Short-Term Volatility Spikes. The Journal of Trading, 12:3
• Griffith, T., Blau, B., Brough, T., (2017). Bank opacity and the efficiency of stock prices. Journal of Banking and Finance, 76, 32-47.
• Griffith, T., Blau, B., (2016). Price clustering and the stability of stock prices. Journal of Business Research, 69:10, 3933-3942.
• Griffith, T., Box, T., (2016). Price Clustering Asymmetries in Limit Order Flows. Financial Management, 45:4, 1041-1066.

Books

• Griffith, T., Blau, B., Whitby, R., (2024). Personal Finance and Economic Decision-Making. MyEducator *

Magazine/Trade Publications

• Griffith, T., (2022). Opinion: Is Bitcoin really money?. DeseretNews *

An asterisk (*) at the end of a publication indicates that it has not been peer-reviewed.