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.
Hyperbolic Mutual Funds, 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.