Publications

“Regulator Supervisory Power and Bank Loan Contracting,” (with Zhongda He, Guannan Qiao, and Wenrui Zhang), Journal of Banking and Finance, 2021, 106062.

“Monitoring the Monitor: Distracted Institutional Investors and Board Governance,” (with Claire Liu, Angie Low and Ronald Masulis), Review of Financial Studies, 2020, 33, 4489-4531.

· Best Paper Award at 2017 FMA annual meeting

· Best Paper Award at 2016 International Conference on Asia-Pacific Financial Markets

· Media coverage: Harvard Law School Forum on Corporate Governance

“Do Outside Directors with Government Experience Create Value?” (with Jun-Koo Kang), Financial Management, 2018, 47, 209-251. (lead article)

· Pearson Prize for the best paper in Financial Management

· Invited presentation at the 2018 FMA Meeting as the top paper on Financial Management

· Best paper award at 2011 International Conference on Asia-Pacific Financial Markets

“Who Captures the Power of the Pen?” (with Jiaxing You and Bohui Zhang), Review of Financial Studies, 2018, 31, 43-96.

· Best paper award at 2014 MIT Asia Conference in Accounting

· Media coverage: VoxChina

“Friendly Boards and Innovation,” (with Jun-Koo Kang, Wei-Lin Liu, and Angie Low), Journal of Empirical Finance, 2018, 45, 1-25. (lead article)

“CEOs’ Early-life Experiences and Corporate Policy: Evidence from China’s Great Famine,” Pacific Basin Finance Journal, 2017, 46, 57-77.

“Monitoring Role of Customer Firms in Suppliers and its Effect on Supplier Value: Evidence from Block Acquisitions of Suppliers by Customer,” (with Jun-Koo Kang, Wei-Lin Liu, and Sangho Yi), Journal of Financial Intermediation, 2015, 24(4), 537-563.