Skip to main content Start main content

Selected Recent Publications

Year Publications Author(s)
1 Forthcoming Option Trading and Stock Price Informativeness. Journal of Financial and Quantitative Analysis. Forthcoming Jie CAO, Amit GOYAL, Sai KE and Xintong ZHAN
2 Forthcoming Carbon Emissions, Mutual Fund Trading, and the Liquidity of Corporate Bonds. Management Science. Forthcoming Jie CAO, Yi LI, Xintong ZHAN, Weiming Elaine ZHANG and Linyu (Lucy) ZHOU
3 Forthcoming Noise Trading and Asset Pricing Factors. Management Science. Forthcoming Shiyang HUANG, Yang SONG and Hong XIANG
4 Forthcoming Dynamic trading with realization utility. Journal of Finance. Forthcoming Min DAI, Cong QIN and Neng WANG
5 Forthcoming Directors’ Incentives from Potential Regulatory Penalties: Evidence from their Voting. Management Science. Forthcoming Wenzhi DING, Chen LIN, Thomas SCHMID and Michael S. WEISBACH
6 Forthcoming Takeover Threats and Mandatory Disclosure Avoidance: Evidence from Contract Redactions. Management Science. Forthcoming Dichu BAO, Lixin (Nancy) SU, Chris X. ZHAO and Gaoguang ZHOU
7 2025 Economic Links from Bonds and Cross-Stock Return Predictability. Journal of Financial Economics. 171 Jian FENG, Xiaolin HUO, Xin LIU, Yifei MAO and Hong XIANG
8 2025 Extracting Extrapolative Beliefs from Market Prices: An Augmented Present-Value Approach. Journal of Financial Economics, 164 Stefano CASSELLA, Te-Feng CHEN, Huseyin GULEN and Yan LIU
9 2025 Local Agglomeration and Household Mortgage Debt. Management Science. 71(6), 5001-5021. Fengqin CHEN, Walid SAFFAR and Longfei SHANG
10 2025 LIBOR Discontinuation and the Cost of Bank Loans. Management Science. 71(5), 4413-4432. Jeong-Bon KIM, Chong WANG and Feng (Harry) WU
11 2025 Directors: Older and Wiser, or Too Old to Govern? Journal of Financial and Quantitative Analysis.60(1), 169-208. Ronald MASULIS, Cong WANG, Fei XIE and
Shuran ZHANG
12 2024 The Real Effects of Supply Chain Transparency Regulation: Evidence from Section 1502 of the Dodd–Frank Act. Journal of Accounting Research, 62(2) 551-587. Bok BAIK, Omri EVEN-TOV, Russell HAN and David PARK
13 2024 Do Women Receive Worse Financial Advice? Journal of Finance.79(5), 3261-3307. Utpal BHATTACHARYA, Amit KUMAR, Sujata VISARIA and Jing ZHAO
14 2024 When Myopic Managers Must Mark to Market. Management Science.70(9), 6234-6254. Adam KOLASINSKI and Nan YANG
15 2024 Replicating and Digesting Anomalies in the Chinese A-shares Market. Management Science. 70(8), 5066-5090. Zhibing LI, Laura Xiaolei LIU, Xiaoyu LIU and K.C. John WEI
16 2024 Say on Pay Laws and Insider Trading. The Accounting Review. 99(4), 83-110. Thomas BOURVEAU; Francois BROCHET,
Fabrizio FERRI and Chengzhu SUN
17 2024 CEO Overconfidence and Bonus Target Ratcheting. The Accounting Review. 99(5), 333-362. Sunyoung KIM and Jongwon PARK
18 2024 Government Subsidies and Income Smoothing. Contemporary Accounting Research. 41(3),1477-1512. Kostas PAPPAS, Martin WALKER, Alice Liang XU and Cheng (Colin) ZENG
19 2024 Firm-Level Political Risk and Bank Loan Contracting. Contemporary Accounting Research. 41(3), 1577-1607. Walid SAFFAR, Yang WANG and K. C. John WEI
20 2024 The Influence of Labor Market Power in the Audit Profession. The Accounting Review.99(5), 65–95. Daniel AOBDIA, Qin LI, Ke NA and Hong WU
21 2024 The Smart Beta Mirage. Journal of Financial and Quantitative Analysis. 59(6), 2515-2546. Shiyang HUANG, Yang SONG and Hong XIANG
22 2024 Common Institutional Ownership and Stock Price Crash Risk. Contemporary Accounting Research, 41(1), 679-711. Shenglan CHEN, Hui MA, Qiang WU and Hao ZHANG
23 2024 Is Conservatism Demanded by Performance Measurement in Compensation Contracts? Evidence from Earnings Measures Used in Bonus Formulas. Review of Accounting Studies, 29 , 809-851. Ke NA, Ivy Xiying ZHANG and Yong ZHANG
24 2024 Demand Uncertainty, Inventory, and the Cost Structure. Contemporary Accounting Research, 41(1), 226-254. Xin CHANG, Wing Chun KWOK and George WONG
25 2024 A q Theory of Internal Capital Markets. Journal of Finance, 79(2), 1147-1197. Min DAI, Xavier GIROUD, Wei JIANG and Neng WANG
26 2024 Foreign Labor and Audit Quality: Evidence from Newly Hired H-1B Visa Holders. Contemporary Accounting Research, 41(2), 842-871. Tracie FROST, Jing JIAO, longfei SHANG and Lixin (Nancy) SU
27 2024 Corporate Tax Benefits from Hometown-Connected Politicians. The Accounting Review, 99(3), 59–86. Chunfang CAO, C. S. Agnes CHENG, Changyuan XIA, Jing XIE and Cheng (Colin) ZENG
28 2024 Accounting-Driven Bank Monitoring and Firms’ Debt Structure: Evidence from IFRS 9 Adoption. Management Science, 70(1), 54-77. Xiao LI, Jeffrey NG and Walid SAFFAR
29 2023 Mutual Funds' Reporting Frequency and Firms' Responses to Undervaluation: The Role of Share Repurchase. Contemporary Accounting Research, 40(4), 2616-2642. Thomas BOURVEAU, Xinlei LI, Daniele MACCIOCCHI and Chengzhu SUN
30 2023 ESG Preference, Mutual Fund Trading, and Stock Return Patterns. Journal of Financial and Quantitative Analysis, 58, 1843-1877. Jie CAO, Sheridan TITMAN, Xintong ZHAN and Weiming ZHANG
31 2023 Peer Effects in Equity Research. Journal of Financial & Quantitative Analysis, 58(2), 647-667. Kenny PHUA, Mandy THAM and Chishen WEI
32 2023 Customer Referencing and Capital Market Benefits: Evidence from the Cost of Equity. Contemporary Accounting Research, 40(2), 1448-1486. Jiao JING, Linda A. MYERS, Jeffery NG and Lixin (Nancy) SU
33 2023 The Differential Timeliness of Stock Price in Incorporating Bad versus Good News and the Earnings-return Asymmetry. The Accounting Review, 98(6), 97–124. Zhuo CHENG (June), Jing Fang (Bob) and Linda A. MYERS
34 2023 Leveraged Exchange-Traded Funds with Market Closure and Frictions. Management Science, 69(4), 1935-2545. Min DAI , Steven KOU , H. METE SONER, Chen YANG
35 2023 Insider Trading in News Deserts. The Accounting Review, 98(6), 299–325. Hangsoo KYUNG and Jonathan Sangwook NAM
36 2023 Does Public Firms’ Mandatory IFRS Reporting Crowd Out Private Firms’ Capital Investment? Journal of Accounting Research, 61(4), 1263-1312. Jiancheng LIU, Wei SHI, Cheng (Colin) ZENG and Guochang ZHANG
37 2023 Trust in Financial Markets: Evidence from Reactions to Earnings News. Management Science, 69(10), 6393–6415. Chishen WEI and Lei ZHANG
38 2023 Do Prime Brokers Matter in the Search for Informed Hedge Fund Managers? Management Science, 69(8), 4363-4971. George O. ARAGON, Ji-Woong CHUNG and Byoung Uk KANG
39 2023 The Effect of Organization Capital on the Cost of Bank Loans. Journal of Financial and Quantitative Analysis, 58(6), 2579-2616. Anna DANIELOVA; Bill B. FRANCIS, Haimeng TENG and Qiang WU
40 2023 Ending at the Wrong Time: The Financial Reporting Consequences of a Uniform Fiscal Year-end. The Accounting Review, 98(3), 367–396. Zhe LI, Kangtao YE, Cheng (Colin) ZENG and Bo ZHANG
41 2023 Implied Volatility Changes and Corporate Bond Returns. Management Science, 69(3), 1375-1397. Jie CAO, Amit GOYAL, Xiao XIAO and Xintong ZHAN
42 2023 Exchange-Traded Funds and Real Investment. The Review of Financial Studies, 36(3), 1043-1093. Constantinos ANTONIOU, Weikai LI, Xuewen LIU, Avanidhar SUBRAHMANYAM and Chengzhu SUN
43 2023 The Real Effects of Risk Disclosures: Evidence from Climate Change Reporting in 10-Ks. Review of Accounting Studies, 28, 2271–2318. Chong WANG, Jeong-Bon KIM and Feng (Harry) WU
44 2022 The Unintended Consequence of Land Finance: Evidence from Corporate Tax Avoidance. Management Science, 68(11), 7793-8514. Tao CHEN, Youchao TAN, Jinghua WANG and Cheng (Colin) ZENG
45 2022 Financial Reporting Quality and Auditor Dismissal Decisions at Companies with Common Directors and Auditors. Contemporary Accounting Research, 39(3), 1871-1904. Yangyang FAN, Joshua L. GUNN, Chan LI and Jun SHAO
46 2022 Employee Turnover and Firm Performance: Large-sample Archival Evidence. Management Science, 68(8). Qin LI, Ben LOURIE, Alexander NEKRASOV and Terry SHEVLIN
47 2022 Do Firms Redact Information from Material Contracts to Conceal Bad News? The Accounting Review, 97(5), 29-57. Dichu BAO, Yongtae KIM and Lixin (Nancy) SU
48 2022 Top Management Team Incentive Dispersion and Earnings Quality. Contemporary Accounting Research, 39(3), 1945-1985. Taejin KIM, Hangsoo KYUNG and Jeff NG
49 2022 Activist-appointed Directors. Journal of Financial and Quantitative Analysis, 57(4), 1346-1376. Jun-Koo KANG, Hyemin KIM, Jungmin KIM and Angie LOW
50 2022 Cross-listings, Antitakeover Defenses, and Insulation Hypothesis. Journal of Financial Economics, 145(1), 259-276. Albert TSANG, Nan YANG and Lingyi ZHENG
51 2022 Deposit Supply and Bank Transparency. Management Science, 68(5), 3175-3973. Liangliang JIANG, Ross LEVINE, Chen LIN and Wensi XIE
52 2022 Social Capital, Trusting, and Trustworthiness: Evidence from Peer-to-Peer Lending. Journal of Financial and Quantitative Analysis, 57(4), 1409-1453. Iftekhar HASAN, Qing HE and Haitian LU
53 2022 Insider Sales Under the Threat of Short Sellers: New Theory and New Tests. The Accounting Review, 97(2), 427-451. Kemin WANG, Rencheng WANG, K. C. John WEI, Bohui ZHANG and Yi ZHOU
54 2022 On the Fast Track: Information Acquisition Costs and Information Production. Journal of Financial Economics, 143(2), 794-823. Deqiu CHEN, Yujing MA, Xiumin MARTIN and Roni MICHAELY
55 2022 Valuation of New Trademarks. Management Science, 68(1), 1-808. Po-Hsuan HSU, Dongmei LI, Qin LI, Siew Hong TEOH and Kevin TSENG
56 2022 A Frog in Every Pan: Information Discreteness and Lead-lag Returns Puzzles. Journal of Financial Economics, 145(2), 83-102. Shiyang HUANG, Charles M.C. LEE, Yang SONG and Hong XIANG

Your browser is not the latest version. If you continue to browse our website, Some pages may not function properly.

You are recommended to upgrade to a newer version or switch to a different browser. A list of the web browsers that we support can be found here