Associate Professor of Finance
School of Business
University of California, Riverside
Anderson Hall 0129
900 University Avenue
Riverside, CA 92521
Research interests: institutional investors, hedge funds, mutual funds, and corporate finance.
Business Ties and Information Advantage: Evidence from Mutual Fund Trading, with Ying Duan and Edith Hotchkiss. Contemporary Accounting Research 35, 866-897, 2018.
Why do IPO Issuers Grant Overallotment Options to Underwriters? with Kenji Kutsuna and Richard Smith. Journal of Corporate Finance 44, 34-47, 2017.
Short Selling Meets Hedge Fund 13F: An Anatomy of Informed Demand, with Massimo Massa and Hong Zhang. Journal of Financial Economics 122, 544-567, 2016.
The Role of Mutual Funds in Corporate Governance: Evidence from Mutual Fundsˊ Proxy Voting and Trading Behavior, with Ying Duan. Journal of Financial and Quantitative Analysis 51, 489-513, 2016.
Mutual Fund Herding in Response to Hedge Fund Herding and the Impacts on Stock Prices, with Pengfei Ye. Journal of Banking & Finance 49, 131-148, 2014.
Hedge Funds and Equity Prices. Review of Finance 17, 1141-1177, 2013.
Public Pension Fund Ownership and Firm Performance, with Pengfei Ye. Review of Quantitative Finance and Accounting 40, 571-590, 2013.
Dual-Class IPOs: A Theoretical Analysis, with Thomas Chemmanur. Journal of Banking & Finance 36, 305-319, 2012.
Corporate Disclosure, Market Valuation, and Firm Performance. Financial Management 40, 647-676, 2011.
Institutional Trading, Information Production, and the SEO Discount: A Model of Seasoned Equity Offerings, with Thomas Chemmanur. Journal of Economics & Management Strategy 20, 299-338, 2011.
Stakeholder Welfare and Firm Value. Journal of Banking & Finance 34, 2549-2561, 2010.
A Theory of Contractual Provisions in Leasing, with Thomas Chemmanur and An Yan. Journal of Financial Intermediation 19, 116-142, 2010.
Debt Issues and Capital Structure with Soft Information. Managerial Finance 36, 4-21, 2010. Lead article.
When Mutual Fund Managers Write Confidently, with Qianzhou Du, Pengfei Ye, and Weiguo Fan.
Conflict of Interest and Proxy Voting by Institutional Investors, with Ying Duan and Kinsun Tam.
Coverage: Columbia Law School Blue Sky Blog
Corporate Pensions and Financial Distress, with Ying Duan, Pouyan Foroughi and Edith Hotchkiss.