Volume dependent extension of Kerr-Newman black hole thermodynamics

We show that the Hawking--Bekenstein entropy formula is modified by a factor of $8/3$ if one also considers a work term in the 1st law of thermodynamics by a pressure stemming from the Hawking radiation. We give an intuitive definition for the corresponding thermodynamical volume by the implicit definition $\epsilon=Mc^2/V$, which is the average energy density of the Hawking radiation. This volume scales as $V \sim M^5$, agreeing with other suggestions. As a result the corresponding Smarr relation describes an extensive entropy and a stable effective equation of state $S(E,V)\sim E^{3/4}V^{1/4}$. These results pertain for charged and rotating Kerr-Newman black holes.