Due to the health concerns of the ongoing COVID-19 outbreak, we have decided to move the conference online. Thank you for your understanding.
CONFERENCE HOST:
The School of Accounting and Finance is the longest established accounting school in Hong Kong with over 80 full-time academic and teaching staff in the areas of accounting, finance, economics, and law. During the past few years, faculty members were successful in publishing their research papers in top-tier refereed journals, including Journal of Finance, Journal of Financial and Quantitative Analysis, Journal of Financial Economics, Review of Financial Studies, The Accounting Review, Journal of Accounting and Economics, Journal of Accounting Research, Review of Accounting Studies, and Contemporary Accounting Research. The School has maintained an excellent network with overseas and Chinese Mainland institutions for collaborative work. More information about the School is available at http://www.af.polyu.edu.hk.
The Hong Kong Polytechnic University (PolyU) is one of the world’s leading universities. It has been ranked 66th in the QS World University Rankings 2022. According to the UTD Top 100 Worldwide Business School Rankings based on research contributions for the period 2016–2020, the Faculty of Business has been ranked 59th in the world. PolyU will celebrate its 85th Anniversary in 2022: https://www.polyu.edu.hk/85anniversary/
The HKSAR is an international city located strategically at the heart of Asia and is the gateway to Chinese Mainland, with excellent transport links to major international cities. PolyU campus is located near the harbour connecting Kowloon and the Hong Kong Island, and in the vicinity of Tsim Sha Tsui, which is one of the most popular areas for visitors in Hong Kong.
2022 Asian Finance Association (AsianFA) Annual Conference
June 27 - 29, 2022 (Mon-Wed) Hong Kong SAR, China
The Asian Finance Association (AsianFA) invites submission of research papers on finance to the Association's 2022 Annual Conference. The conference will be hosted by the School of Accounting and Finance, Faculty of Business, The Hong Kong Polytechnic University, in Hong Kong during June 27 - 29, 2022. The conference provides an open platform for finance scholars worldwide to present their recent research and exchange ideas and information on new developments in finance research. The majority of the sessions will include papers selected through open competition. In addition, there will be several invited sessions where leading researchers in different areas will be invited to present their latest work. A doctoral consortium will be held as part of the 2022 AsianFA Annual Conference.
KEYNOTE SPEAKER:
Professor Wei Xiong, Trumbull-Adams Professor of Finance, Professor of Economics, Department of Economics and Bendheim Center for Finance, Princeton University;
Academic Dean, School of Management and Economics, Chinese University of Hong Kong, Shenzhen
TOPICS:
The theme of the conference is on frontiers of finance research in the post-pandemic world. Papers in all areas of finance are welcome, including corporate finance, asset pricing, market microstructure, behavioral finance, financial institutions, financial crisis, international finance, and emerging capital markets. Accepted papers are eligible for several categories of best paper awards.
DOCTORAL CONSORTIUM:
Doctoral students are welcome to present their dissertations at the consortium which will be led by leading scholars. A travel grant of USD1000 will be awarded to selected doctoral presenters at the consortium.
CONFERENCE SPECIAL ISSUES:
Pacific Basin Finance Journal (PBFJ) Special Issue, edited by Steven Wang, Robin Chou, Walid Saffar, and Shaojun Zhang
International Review of Finance (IRF) Special Issue on the theme "ESG, Carbon Finance, and Sustainable Investing", edited by Dragon Tang
Authors will be given the details on how to submit their 2022 AsianFA Conference papers, including the doctoral consortium, for potential publication in the special issue when they receive the AsianFA conference paper acceptance decisions. The submission deadline to both PBFJ/ IRF Special Issue is August 31, 2022. All submitted papers will go through the normal review process for the PBFJ/ IRF. For enquiries, please send email to James Chia (jchia@hawaii.edu) for PBFJ or Dragon Tang (yjtang@hku.hk) for IRF.
BEST PAPER AWARDS:
The conference will offer multiple categories of best paper awards. The awards in each category will be decided on by an Award Committee. These awards include:
- Three best paper awards sponsored by the Asian Finance Association (USD1000 each).
- Four best paper awards sponsored by the Pacific-Basin Finance Journal (USD1000 each).
- Two best doctoral paper awards for the doctoral consortium sponsored by the School of Accounting and Finance, Faculty of Business, The Hong Kong Polytechnic University (USD1000 each).
- More awards to be announced.
PAPER SUBMISSION PROCEDURE:
- Paper status: only completed papers (both conference and doctoral consortium) will be considered.
- Submission format: a blind copy of the manuscript and a separate file for the cover page containing the paper title, the abstract and author information. Only PDF or MS-Word versions are accepted.
- Submission for Conference: https://editorialexpress.com/conference/AsianFA2022/
- Submission for Doctoral Consortium: email to asianfa.dc@polyu.edu.hk
- Submission deadline: February 20, 2022
- Decision communication: April 15, 2022
ENQUIRES:
Please send email to
asianfa.conf@polyu.edu.hk (AsianFA Annual Conference)
asianfa.dc@polyu.edu.hk (AsianFA Doctoral Consortium)
Professor Wei Xiong is Trumbull-Adams Professor of Finance and Professor of Economics in the Department of Economics and Bendheim Center for Finance, Princeton University. His research interests center on capital market imperfections, behavioral finance, digital economy, and China’s financial system. He has received various awards, including 2018 China Economics Prize, 2014 Inaugural Sun Yefang Financial Innovation Award, 2013 NASDAQ OMX Award by Western Finance Association, and 2012 Smith Breeden Award (first prize) by American Finance Association. He received his Ph.D. in finance from Duke University in 2001, M.A. in physics from Columbia University in 1995, and B.S. in physics from University of Science and Technology of China in 1993. He is Research Associate of the National Bureau of Economic Research and Co-Editor of Journal of Finance (the flagship journal of American Finance Association), as well as Academic Dean of School of Management and Economics, Chinese University of Hong Kong, Shenzhen.
CONFERENCE ORGANIZING COMMITTEE CO-CHAIRS:
- Nancy Su, Professor and Head, School of Accounting and Finance, Faculty of Business, The Hong Kong Polytechnic University (nancy.su@polyu.edu.hk)
- Shaojun Zhang, Associate Professor of Finance, School of Accounting and Finance, Faculty of Business, The Hong Kong Polytechnic University (shaojun.zhang@polyu.edu.hk)
CONFERENCE PROGRAM COMMITTEE CO-CHAIRS:
- Robin Chou, Professor and Associate Dean, College of Commerce, National Chengchi University (rchou@nccu.edu.tw)
- Bohui Zhang, Presidential Chair Professor and Executive Associate Dean, School of Management and Economics, The Chinese University of Hong Kong, Shenzhen (bohuizhang@cuhk.edu.cn)
| Paper ID | Paper Title | Author(s) |
|---|---|---|
| 1 | Natural disasters and firm leasing | Jiawei Wang, University of Iowa |
| 3 | Families in corporate venture capital | Mario Daniele Amore, Bocconi University |
| 11 | Tobin Tax Policy, Housing Speculation, and Property Market Dynamics | Sumit Agarwal, National University of Singapore Kwong Wing Chau, University of Hong Kong Maggie Hu, The Chinese University of Hong Kong Wayne Wan, University of Cambridge |
| 12 | Evading Capital Controls via Cryptocurrencies: Evidence from the Blockchain | Maggie Hu, The Chinese University of Hong Kong Adrian Lee, Deakin University Talis Putnins, University of Technology Sydney |
| 13 | CEO Overconfidence and the COVID-19 Pandemic | Maggie Hu, The Chinese University of Hong Kong Desmond Tsang, McGill University Wayne Wan, University of Cambridge |
| 15 | Something in the Air: Does Air Pollution Affect Fund Managers’ Carbon Divestment? | Thanh Huynh, Monash University Frank Weikai Li, Singapore Management University Ying Xia, Monash University |
| 20 | CEO Hometown Favoritism in Corporate Environmental Policies | Wei Li, Shanghai University of Finance and Economics Qiping Xu, University of Illinois Urbana Champaign Qifei Zhu, Nanyang Technological University |
| 25 | Capital structure as an investment decision | Liuren Wu, Baruch College, The City University of New York Yang Xu, Baruch College, The City University of New York |
| 27 | Testing for Jumps in a Discretely Observed Price Process with Endogenous Sampling Times | Yifan Li, University of Manchester Ingmar Nolte, Lancaster University Sandra Nolte, Lancaster University Management School Shifan Yu, Lancaster University |
| 31 | Insider Stock Pledging and Stock Price Informativeness: Evidence from India | Amanjot Singh, King's University College at the University of Western Ontario |
| 32 | Volatility Information Transfer along the Supply Chain | Wenli Huang, Hong Kong Polytechnic University Gang Li, The Hong Kong Polytechnic University Shaojun Zhang, Hong Kong Polytechnic University |
| 33 | Asset Pricing with Panel Trees under Global Split Criteria | Xin He, City University of Hong Kong Will Cong, Cornell University Guanhao Feng, City University of Hong Kong Jingyu He, City University of Hong Kong |
| 43 | Factorization Asset Pricing | Qian Qi, Peking University |
| 48 | Extrapolation in China’s Stock Market: Returns, Price Crash Risk and Price Informativeness | Li Siyang, PBC School of Finance Yang Siyuang, PBC School of Finance |
| 49 | “Buy the Rumor, Sell the News”: Liquidity Provision by Bond Funds Following Corporate News Events | Alan Huang, University of Waterloo Russell Wermers, University of Maryland jinming xue, Southern Methodist University |
| 54 | Climate Risk and Corporate Payout Policies around the World | Lin Mi, University of Queensland |
| 57 | Informational Role of Analyst and Investor Days | Kotaro Miwa, Kyushu University |
| 58 | Self-Policing, Indeterminacy, and Minimum Salary | Kentaro Asai, Australian National University |
| 59 | Trade Secrets Laws and Technology Spillovers | Yanzhi Wang, National Taiwan University |
| 60 | Identifying S-Shaped Consumption Utility and Solving the Equity Premium Puzzle | Gaosheng Ju, Fudan University Qi Li, Texas A&M University |
| 62 | How Does the Equity Market Stabilize the Economy via Bank Lending? | Yunqi Zhang, Nankai University |
| 63 | Mutual Fund Flows and Capital Supply in Municipal Financing | Manuel Adelino, Duke University Sophia Chiyoung Cheong, City University of Hong Kong Jaewon Choi, University of Illinois Urbana-Champaign Ji Yeol Jimmy Oh, Hanyang University |
| 69 | Do Short Sellers Use Textual Information? Evidence from Annual Reports | Hung Wan Kot, University of Macau Frank Weikai Li, Singapore Management University Morris Liu, University of Macau K. C. John Wei, Hong Kong Polytechnic University |
| 72 | The Real Impact of FinTech: Evidence from Mobile Payment Technology | Sumit Agarwal, National University of Singapore Wenlan Qian, National University of Singapore Yuan Ren, Zhejiang University Hsin-Tien Tsai, National University of Singapore Bernard Yeung, National University of Singapore |
| 73 | The Effect of Wealth Shocks on Shirking: Evidence from the Housing Market | Quanlin Gu, Central University of Finance and Economics Jia He, Nankai University Wenlan Qian, National University of Singapore Yuan Ren, Zhejiang University |
| 79 | Nonlinear Incentives in the Consumer Credit Market: Evidence from a Natural Field Experiment | Chen Chen, Monash University Difang Huang, Monash University |
| 80 | Birth order and fund manager’s trading behavior: Role of sibling rivalry | Vikas Agarwal, Georgia State University Alexander Cochardt, University of St. Gallen Stephan Heller, University of St. Gallen Vitaly Orlov, University of St. Gallen |
| 86 | Financial Development, Firm Growth, and Aggregate Productivity Divergence in Europe | Xiaomei Sui, University of Rochester |
| 88 | Ultimate government control and stock price crash risk: Evidence from China | Lingxia Sun, Sun Yat-sen University |
| 89 | Incentivizing Investors for a Greener Economy | Nam Nguyen, University of Texas at Dallas |
| 92 | The Impact of the Deposit Channel on the International Transmission of Monetary Shocks | Sergey Sarkisyan, University of Pennsylvania Tasaneeya Viratyosin, University of Pennsylvania |
| 93 | Comparing Search and Intermediation Frictions Across Markets | Gabor Pinter, Bank of England Semih Üslü, Johns Hopkins University |
| 95 | Do Mutual Funds Walk the Talk? A Textual Analysis of Risk Disclosure by Mutual Funds | Nan Xu, Nankai University |
| 97 | Investor-firm Interactions and Corporate Securities Fraud | Lawrence Kryzanowski, Concordia University Mingyang Li, Zhongnan University of Economics and Law Sheng Xu, Zhongnan University of Economics and Law Jie Zhang, Trent University |
| 98 | Does Social Media Analyst Coverage Affect IPO Underpricing? | Yuqi Han, Temple University Chi Zhang, University of Massachusetts Lowell |
| 101 | The Externalities of Political Connections in the Product Market | Shu LIU, Zhongnan University of Economics and Law Rui Zhu, Singapore Management University |
| 103 | Competitive Corporate Social Responsibility | Neal Stoughton, Wirtschaftsuniversität Wien Keith K.P. Wong, The University of Hong Kong Long Yi, Hong Kong Baptist University |
| 105 | The Mitigation of Reputational Risk via Responsive CSR: Evidence from Securities Class Action Lawsuits | Daewoung Choi, Louisiana State University in Shreveport Douglas Cook, University of Alabama M. Tony Via, Kent State University Weiwei Zhang, James Madison University |
| 106 | Individualistic CEO and Corporate Innovation: Evidence from U.S. Frontier Culture | Lei Gao, George Mason University Jianlei Han, Macquarie University Zheyao Pan, Macquarie University Huixuan Zhang, Macquarie University |
| 110 | Is firm-level political risk priced in the equity option market? | Thang Ho, Lancaster University Anastasios Kagkadis, Lancaster University Management School George Wang, Lancaster University Management School |
| 111 | Dual Trading and Price Discovery at Market Close: Theory and Evidence | Jiaheng Yu, MIT |
| 113 | Why does option open interest predict stock returns? | YI ZHOU, San Francisco State University |
| 114 | Mandatory Retirement of Subnational Leaders as a Corporate Governance Mechanism | Hua Cheng, Nankai University Yongjin Wang, Nankai University |
| 115 | Nowcasting firms’ fundamentals: Evidence from the cloud | Ran Chang, Shanghai Jiao Tong University Zhi Da, University of Notre Dame |
| 116 | Machine Forecast Disagreement and Equity Returns | Ran Chang, Shanghai Jiao Tong University |
| 117 | The Effect of Intellectual Property Rights Protection on Stock Price Synchronicity: Evidence from the Agreement on Trade-Related Aspects of Intellectual Property Rights | Fangfang Hou, Xiamen University Jeffrey Ng, The Hong Kong Polytechnic University Tharindra Ranasinghe, American University |
| 118 | ESG and the Market Return | Ran Chang, Shanghai Jiao Tong University Liya Chu, East China University of Science and Technology (ECUST) Jun Tu, Singapore Management University Bohui Zhang, The Chinese University of Hong Kong, Shenzhen Guofu Zhou, Washington University in St. Louis |
| 121 | Joint News, Attention Spillover, and Market Returns | Li Guo, Fudan University Lin Peng, Baruch College, Baruch College, The City University of New York Yubo Tao, University of Macau Jun Tu, Singapore Management University |
| 122 | Feedback, Flow-induced Fire Sales, and Option Returns | Han Xiao, Pennsylvania State University |
| 124 | Organizational Capital, Tobin’s Q, and the Cross Section of Stock Returns | Kai Wang, Stevens Institute of Technology |
| 125 | Liquidity Shocks and the Negative Premium of Liquidity Volatility Around the World | Frank Feng, Shanghai University of Finance and Economics Wenjin Kang, Shanghai University of Finance and Econo Huiping Zhang |
| 127 | Organized Labor and Capital Markets: Evidence from the U.S. Municipal Bond Market | Yunhui Han, University of Utah |
| 128 | Does Death Teach Us Wisdom? Evidence from Trading during the COVID-19 Pandemic in India | Pulak Ghosh, Indian Institute of Management Bangalore Jayanta Kumar Seal, Indian Institute of Foreign Trade Hong Zhang, PBC School of Finance, Tsinghua University jian zhang, Hong Kong University |
| 129 | Information Specialization, Strategic Complementarity, and Market Efficiency: Evidence from Institutional Investors | Massimo Massa, INSEAD Hong Zhang, PBC School of Finance, Tsinghua University Yijun Zhou, Baruch College, The City University of New York |
| 130 | Policy Uncertainty Discourages Green Investment: Evidence from China | Mengyu Wang, Pbcsf, Tsinghua University Jeffrey Wurgler, New York University Hong Zhang, PBC School of Finance, Tsinghua University |
| 131 | Rank-and-File Employee Stock Options and Workplace Safety | Yangyang Chen, City University of Hong Kong Emmanuel Ofosu, City University of Hong Kong Madhu Veeraraghavan, TA PAI Management Institute Leon Zolotoy, University of Melbourne |
| 136 | Why is there so much side-by-side management in the ETF industry? | Mancy Luo, Erasmus University David Schumacher, McGill University |
| 140 | Volatility Uncertainty, Disasters, and the Puzzle of VIX Futures Contango | Gurdip Bakshi, Temple University John Crosby, University of Maryland Xiaohui Gao, Temple University jinming xue, Southern Methodist University |
| 143 | Who Listens to Corporate Conference Calls? The Effect of “Soft Information” on Institutional Trading | Alan Huang, University of Waterloo Russell Wermers, University of Maryland |
| 146 | Outsourcing Climate Change | Rui Dai, WRDS, The Wharton School Rui Duan, WU Vienna University of Economics and Business Hao Liang, Singapore Management University Lilian Ng, York University |
| 147 | These Stocks are on Fire: The Impact of Social Media on Mutual Funds’ Performance, Flows, and Trading | Sha Liu, Southwestern University of Finance and Economimcs |
| 151 | Individual Investors’ Trading Behavior and Gender Difference in Tolerance of Sex Crimes: Evidence from a Natural Experiment | Huasheng Gao, Fanhai International School of Finance, Fudan University Zhengkai Liu, Fudan University Chloe (Chunliu) Yang, Fudan University |
| 153 | Aggregating diverse information from institutions and individuals | Li Guo, Fudan University Bo SANG, Singapore Management University |
| 154 | Can Retail Investors Learn from Insiders? | Ekkehart Boehmer, Singapore Management University Bo SANG, Singapore Management University Zhe Zhang, Singapore Management University |
| 155 | The Voice of Retail Investors and Corporate Earnings Quality | Guilong Cai, Sun Yat-sen University Bingxuan Lin, University of Rhode Island Rui Lu, Sun Yat-sen University Yanan Zhang, Sun Yat-sen University |
| 157 | International Pecking Order | Egemen Eren, Bank for International Settlements Semyon Malamud, Ecole Polytechnique Federale de Lausanne Haonan Zhou, Princeton University |
| 162 | A Psychological Perspective on Household Financial Distress: The Role of Emotional Support | Da Ke, University of South Carolina |
| 163 | Intrahousehold Disagreement about Macroeconomic Expectations | Da Ke, University of South Carolina |
| 164 | Corporate investment, financing, and exit model with an earnings-based borrowing constraint | Michi Nishihara, Osaka University Takashi Shibata, Tokyo Metropolitan University Chuanqian Zhang, Cotsakos College of Business, William Paterson University |
| 165 | Corporate Tax Cuts for Small firms: What Do Firms Do? | Wei Cui, University of British Columbia Mengying Wei, University of International Business and Economics Weisi Xie, Shanghai Jiao Tong University Jing Xing, Shanghai Jiao Tong University |
| 172 | Technology and Cryptocurrency Valuation | Jinfei Sheng, University of California, Irvine Yukun Liu, University of Rochester Wanyi Wang, University of California, Irvine |
| 173 | Partisan Return Gap: The Polarized Stock Market in the Time of a Pandemic | Jinfei Sheng, University of California, Irvine Zheng Sun, University of California, Irvine Wanyi Wang, University of California, Irvine |
| 174 | Shareholder Litigation and Corporate Culture | Cheng Jiang, Temple University |
| 175 | An Unintended Consequence of Holding Dollar Assets | Robert Czech, Bank of England Shiyang Huang, The University of Hong Kong Dong Lou, London School of Economics Tianyu Wang, Tsinghua University |
| 176 | FX Option Volume | Robert Czech, Bank of England Shiyang Huang, The University of Hong Kong Tianyu Wang, Tsinghua University |
| 177 | Trust in DeFi: An Empirical Study of the Decentralized Exchange | Jianlei Han, Macquarie University Shiyang Huang, The University of Hong Kong Zhuo Zhong, University of Melbourne |
| 178 | Biased Judges? Judge Characteristics and Bankruptcy Outcomes | Donghyun Kang, Copenhagen Business School |
| 179 | Forecasting Option Returns with News | Jie Cao, Chinese University of Hong Kong Bing Han, University of Toronto Gang Li, Chinese University of Hong Kong Ruijing Yang, Chinese University of Hong Kong Xintong Zhan, Fudan University |
| 181 | When MIDAS Meets LASSO: Forecasting Tail Risk Using Effective Macroeconomic Variables | Sherry Luo, Lancaster University Xiaohan Xue, University of Reading |
| 182 | Work from Home, Managerial Sentiment, and Corporate Liquidity Management under COVID-19 | Lilian Ng, York University Jing Yu, University of Sydney Linyang Yu, York University |
| 183 | Earnings Announcements in China: Overnight-Intraday Disparity | Ole-Kristian Hope, University of Toronto Danqi Hu, Peking University Junhao Liu, University of Toronto |
| 186 | Proxy Voting and CEO Pay: Evidence from the Rejection of Inevitable Disclosure Doctrine | Xiaohui Li, Hong Kong Polytechnic University Yao Shen, City Univeristy of New York Jing Xie, Hong Kong Polytechnic University |
| 187 | Social Contagion and the Survival of Diverse Investment Styles | David Hirshleifer, Marshall School of Business, University of Southern California Andrew Lo, Massachusetts Institute of Technology Ruixun Zhang, Peking University |
| 190 | CEO Neuroticism and Corporate Cash Holdings: Evidence from CEOs’ Tweets | Dien Giau Bui, Yuan Ze University Robin K. Chou, Department of Finance, National Chengchi University Chih-Yung Lin, National Yang Ming Chiao Tung University Chienlin Lu, National Ilan University |
| 193 | Employee Disclosure and Expected Crash Risk: Evidence from Staggered Initiation of Employee Reviews on Social Media | Shenglan Chen, Zhejiang University of Technology Hui Ma, Tongji University Xuedan Tao, Tongji University Huabing Wang, West Texas A&M University |
| 195 | Tax-Loss Harvesting with Cryptocurrencies | Lin William Cong, Cornell University Wayne Landsman, University of North Carolina Edward Maydew, University of North Carolina at Chapel H Daniel Rabetti, Tel Aviv University |
| 197 | Optimal Shadow Banking | Jinfan Zhang, The Chinese University of Hong Kong, Shenzhen Zehao Liu, Renmin University of China Ting Yang, North China University of Technology |
| 199 | Profiting from Private Information on Rivals’ Cyberattacks: Evidence from Informed Trading by Insiders Connected to Rival Firms | Jun-Koo Kang, Nanyang Business School Nanyang Technological University Jungmin Kim, Hong Kong Polytechnic University Fangbo Si, Jinan University |
| 200 | Dancing with Family Owners: Is Shareholder Activism Effective in Family Firms? | Jun-Koo Kang, Nanyang Business School Nanyang Technological University Hyemin Kim, Hanyang University Jungmin Kim, Hong Kong Polytechnic University |
| 201 | Tunneling Through TrademarksP0F | Sojung Kim, Korea University Business School Woochan Kim, Korea University Business School |
| 203 | Volatility forecasting with machine learning and intraday commonality | Chao Zhang, University of Oxford Yihuang Zhang, University of Oxford Mihai Cucuringu, University of Oxford Zhongmin Qian, University of Oxford |
| 204 | The long-run risk premium in the ICAPM: International evidence | Ryuta Sakemoto, Okayama University |
| 205 | Timing the market when avoiding corporate taxes: Evidence from industry-level tax avoidance sentiment | Zeyu Sun, University of International Business and Economics Qiang Wu, The Hong Kong Polytechnic University Jing Xie, Hong Kong Polytechnic University |
| 207 | How Does Declining Worker Power Affect Investment Sensitivity to Minimum Wage? | Sreedhar Bharath, Arizona State University Duckki Cho, Peking University Michael Hertzel, Arizona State University |
| 208 | The Conduits of Price Discovery: A Machine Learning Approach | Amy Kwan, University of Sydney Richard Philip, University of Sydney Andriy Shkilko, Wilfrid Laurier University |
| 209 | Who Benefits from Securities Exchange Innovation? | Andriy Shkilko, Wilfrid Laurier University Konstantin Sokolov, University of Memphis Eduard Yelagin, University of Memphis |
| 210 | On the Effects of Continuous Trading | Ivan Indriawan, Auckland University of Technology Roberto Pascual, Universidad de las Islas Baleares Andriy Shkilko, Wilfrid Laurier University |
| 211 | Who Gains from Housing Market Stimulus? Evidence from Housing Assistance Grants with Threshold Prices | Sumit Agarwal, National University of Singapore Maggie Hu, CUHK Adrian Lee, Deakin University |
| 212 | Signaling Before the Deadline: Management Earnings Forecasts before the Performance Shares Award Evaluation Date | C.S. Agnes Cheng, University of Oklahoma Jing Xie, Hong Kong Polytechnic University Lingyi Zheng, Hong Kong Polytechnic University |
| 216 | News disagreement, trading volume, and equity prices | Hang Wang, UNSW |
| 217 | The U.S. Dollar and Variance Risk Premia Imbalances | Mads Kjær, Aarhus University, CREATES Anders Posselt, Aarhus University |
| 218 | Greenwashing with Style: The Effect of ESG-Related Fund Name Changes on Fund Flows | Alexander Cochardt, University of St. Gallen Stephan Heller, University of St. Gallen Vitaly Orlov, University of St. Gallen |
| 222 | Currency Risk Under Capital Controls | Xiang Fang, The University of Hong Kong Sining Liu, University of Hong Kong Yang Liu, University of Hong Kong |
| 225 | Borrower Investment Efficiency and Private Debt Renegotiation | Sang Woo Sohn, Emory University |
| 230 | Power Grab: Activists, Short Sellers, and Disagreement | Tao Li, University of Florida Pedro Saffi, University of Cambridge Daheng Yang, Columbia Business School |
| 231 | Main Street’s Pain, Wall Street’s Gain | Nancy Xu, Boston College Yang You, University of Hong Kong |
| 234 | Portfolio Similarity: Institutional Ownership and Asset Prices | Audra Boone, Texas Christian University Hursit Celil, Peking University Srinivasan Selvam, Peking University |
| 235 | The Effect of Institutional Investor Portfolio Diversification on Corporate Diversification | Audra Boone, Texas Christian University Hursit Celil, Peking University Seungjoon Oh, Peking University Srinivasan Selvam, Peking University |
| 236 | Interpretable and Arbitrage-Free Deep Learning for Corporate Bond Pricing | Guanhao Feng, City University of Hong Kong Liang Jiang, Fudan University Junye Li, Fudan University |
| 237 | Contagion of Investor Sentiment in Online Investment Communities: Evidence from Dynamic Visuals on StockTwits | Shijia Wu, The Chinese Univeristy of Hong Kong - Shenzhen |
| 238 | Local Agglomeration and Household Mortgage Debt | Walid Saffar, The Hongkong Polytechnic University Longfei Shang, Southwestern University of Finance and Economics |
| 239 | Active Mutual Fund Common Owners’ Returns and Proxy Voting Behavior | Ben Charoenwong, National University of Singapore Zhenghui Ni, NUS Business School, National University of Singapore Qiaozhi Ye, National University of Singapore |
| 242 | Extrapolation and Cognitive Dissonance in the Market for Credit Risk | Arben Kita, University of Southampton |
| 243 | Impact Investing and Venture Capital Industry: Experimental Evidence | Ye Zhang, Stockholm School of Economics Finance Department |
| 247 | A cultural explanation of the dividend payout of multinational firms | John Zhang, Macau University of Science and Technology |
| 251 | “Doing Good” for the Customers? Evidence from Offshore Sales | Izidin El Kalak, Cardiff University Woon Sau Leung, University of Edinburgh Qingwei Wang, Cardiff University |
| 254 | Pricing Errors and Cross-sectional Predictability of Corporate Bond Returns: the Role of Investor Sentiment | Xu Guo, Shenzhen University Hai Lin, Victoria University of Wellington Chunchi Wu, State University of New York at Buffalo Guofu Zhou, Washington University in St. Louis |
| 256 | Market Responses to Government Control of Privatised Firms: Quasi-Experimental Evidence from Chinese Listed Firms | Sarmistha Pal, University of Surrey |
| 258 | Employment Protection and VC Investment: The Impact of Wrongful Discharge Laws | Wei Wang, Cleveland State University Chris Yung, University of Virginia |
| 260 | Glassdoor Best Places to Work: How Do They Work for Shareholders? | Greg Filbeck, Penn State University Xin (Jessica) Zhao, Penn State University at Erie |
| 262 | The Joint Term Structure of Exchange Rate Puzzles in an Uncertain World | Huichou Huang, City University of Hong Kong |
| 264 | Climate policy uncertainty and firm pollutant emissions | Jiawei Wang, University of Iowa |
| 267 | Managerial Agency and Corporate Social Responsibility: Evidence from Shareholder-Creditor Mergers | Hien Nguyen, Ho Chi Minh City University of Technology Hieu Phan, University of Massachusetts Lowell Hong Vo, International University |
| 268 | Climate Risk and Bank Loan Contracting: International Evidence | ZHEN QI, University of Manitoba |
| 270 | Soft Information Mutual Fund Managers | Honghui Chen, University of Central Florida Yuanyu Qu, University of International Business and Economics Tao Shen, Tsinghua University Qinghai Wang, University of Central Florida |
| 273 | Does a Financial Crisis Impair Corporate Innovation? | Masami Imai, Wesleyan University Michiru Sawada, Nihon University |
| 274 | Dissecting Climate Risks: Are they Reflected in Stock Prices? | Renato Faccini, Danmarks Nationalbank Rastin Matin, Danmarks Nationalbank George Skiadopoulos, Queen Mary University of London and University of Piraeus |
| 276 | SMEs Amidst the Pandemic and Reopening: Digital Edge and Transformation | Lin William Cong, Cornell University Xiaohan Yang, Peking University Xiaobo Zhang, Peking University |
| 278 | Entrepreneurial Optimism and Venture Capital: A Quantitative Analysis | Richard Fu, University of Alabama, Birmingham Ajay Subramanian, Georgia State University |
| 283 | Speaking With One Voice: Shareholder Collaboration on Activism | Shaoting Pi, University of Cambridge |
| 284 | Surviving the Fintech Disruption | Wei Jiang, Columbia University Yuehua Tang, University of Florida Rachel Xiao, Georgia State University Vincent Yao, Georgia State University |
| 288 | Economic Links from Bonds and Cross-stock Return Predictability | Jian Feng, University of Hong Kong Xiaolin Huo, Renmin University of China Xin Liu, Renmin University of China Yifei Mao, Cornell University |
| 289 | Geographic Proximity in Short Selling | Xiaolin Huo, Renmin University of China Xin Liu, Renmin University of China Vesa Pursiainen, University of St. Gallen |
| 290 | Socially Responsible Customers and Intangible Investment | Buen Sin Low, Nanyang Technological University Shaojun Zhang, Hong Kong Polytechnic University |
| 292 | Advisor- hedge fund connections and their role in M&A | Lijie Yu, The University of Manchester |
| 299 | Learning Through Social Networks: How Workers Optimize the Use of Fintech for Remittances | Sumit Agarwal, National University of Singapore Sangheum Cho, KAIST Hyun-Soo Choi, Korea Advanced Institute of Science and Technology Leora Klapper, The World Bank |
| 307 | Political Connections and Corporate Litigation: Evidence from a Quasi-Natural Experiment | Siyang Tian, Southwestern University of Finance and Economics |
| 311 | Retail Investor Trading Activities and the Cross-Section of Option Returns | Qingjie Du, Hong Kong Polytechnic University |
| 312 | Opioid Epidemic and Corporate Innovation | Chong Chen, Central University of Finance and Economics Qianqian Huang, City University of Hong Kong Chang Shi, City University of Hong Kong Tao Yuan, Nanjing University |
| 315 | Physical Climate Change Exposure and Stock Returns | Cheng Sun, Guanghua School of Management, Peking University Jiangmin Xu, Guanghua School of Management, Peking University Yihui You, Guanghua School of Management, Peking University |
| 316 | Does Firms’ Equity Financing Benefit Debtholders? Evidence from Private Placements of Equity | Jun-Koo Kang, Nanyang Business School Nanyang Technological University Jee Youn Koh, Nanyang Technological University James Park, Korea University |
| 318 | Problem Loan Reporting of Banks | Seong Jin Ahn, Korea Advanced Institute of Science and Technology Yong Kyu Gam, University College Dublin |
| 319 | Green credit policy and corporate cash holdings: Evidence from China | Xiaoqi Chen, Xiamen University Weiping Li, Sun Yat-sen University Tao Yuan, Nanjing University |
| 320 | Collateral Constraint and China's Credit Boom in the Global Financial Crisis: Loan-level Anatomy | Wei Li, East China Normal University Suhua Tian, Fudan University Yongqin Wang, Fudan University |
| 329 | Risk-based capital and leverage ratios adjustments by banks: Experience from Canada and the U.S. | Helyoth Hessou, University of Sherbrooke Van Son Lai, Laval University |
| 330 | National Auditor Inspection Programs and Corporate Innovation: International Evidence | Yuan Huang, Hong Kong Polytechnic University |
| 331 | Prices Are Less Elastic at More Aggregate Levels | Jiacui Li, University of Utah Zihan Lin, Stanford University |
| 332 | Alpha Go Everywhere: Machine Learning and International Stock Returns | Darwin Choi, The Chinese University of Hong Kong Wenxi Jiang, The Chinese University of Hong Kong Chao Zhang, University of Oxford |
| 333 | Like A Duck to Water: Do Credit Rating Analysts Outperform in Bond Fund Management? | Xiaolu Hu, RMIT University Haoyi LUO, The University of Melbourne Zijin Xu, The University of Melbourne |
| 335 | Economic uncertainty and stock market volatility | Ying Jiang, University of Nottingham Ningbo China Xiaoquan Liu, Nottingham University Business School China Zhenyu Lu, University of Nottingham Ningbo China |
| 337 | Patient VCs vs. Deep-Pocketed Incumbents: VC Financing Strategies in the Presence of Competitive Threats | Roham Rezaei, UNSW Business School |
| 339 | Public sector union and government financing | Qian He, Lingnan University Sibo Liu, Hong Kong Baptist University Lai Wei, Lingnan University |
| 340 | Collateral Quality and House Prices | Jing Zhou, Fudan University |
| 344 | What Drives the ESG of Multinationals? Evidence from Chinese Multinational Corporations | Dongxu Li, Xiamen University Xiaoxue Hu, Xiamen University |
| 348 | Why Does Options Market Information Predict Stock Returns? | Dmitriy Muravyev, Michigan State University Neil Pearson, University of Illinois at Urbana-Champai Joshua Pollet, University of Illinois at Urbana-Champai |
| 349 | Retail Derivatives and Sentiment: A Sentiment Measure Constructed from Issuances of Retail Structured Equity Products | Brian Henderson, George Washington University Neil Pearson, University of Illinois at Urbana-Champai Li Wang, Case Western Reserve University |
| 351 | Pricing and Constructing International Government Bond Portfolios | Otto Randl, Vienna University of Economics and Business Giorgia Simion, WU Vienna University of Economics and Business Josef Zechner, Vienna University of Economics and Busin |
| 353 | How Does Access to Credit Impact Consumer Expenditure and Savings？ | Sumit Agarwal, National University of Singapore Shashwat Alok, Indian School of Business Pulak Ghosh, Indian Institute of Management Xiaoyu Zhang, National University of Singapore |
| 361 | Cashless Payment and Financial Inclusion | Shumiao Ouyang, Princeton University |
| 363 | How Does BigTech Credit Affect Monetary Policy Transmission? | Xiang Li, Halle Institute for Economic Research |
| 366 | Assessing Asset Pricing Models Using Exchange-Traded Fund Flows | K.C. John Wei, Hong Kong Polytechnic University Linti Zhang, The Hong Kong Polytechnic University |
| 368 | Social Ties and Predictable Returns | Lin Peng, Baruch College, The City University of New York Sheridan Titman, UNIV OF TEXAS-AUSTIN Muhammed Yonac, Baruch College, The City University of New York Dexin Zhou, Baruch College, The City University of New York |
| 372 | Sticky Leverage and Debt Overhang: Evidence from Foreign-Denominated Debt in Latin America | Guojun Chen, National University of Singapore Jinyu Liu, University of International Business and Economics Shaowen Luo, Virginia Tech |
| 374 | Firms’ demands on inventor executives around IPOs | yanying lyu, Tilburg university |
| 375 | What is in a promise? The dark side of M&A performance commitment | Johnny Chan, Western Kentucky University Shaojing Ke, Renmin University of China Qinyang Li, Southwest University Nianhang Xu, Renmin University of China |
| 378 | Proximity to Stars, Peer Pressure, and Innovation | Yolanda Yulong Wang, Shenzhen University Long Yi, Hong Kong Baptist University |
| 380 | Diligent Prices: Textual Changes to 10-Ks and Option Volatility Smirk | Hua Cheng, Nankai University |
| 381 | Do Retail Investors Trade on ESG? | Ran Chang, Shanghai Jiao Tong University Xiaoyan Zhang, PBC School of Finance, Tsinghua University Xinran Zhang, PBC School of Finance, Tsinghua University |
| 382 | Merger Waves in Digital Era: Evidence from Data Breach Notifiation Law | Yuan Sun, Hong Kong Polytechnic University Lai Wei, Lingnan University Wensi Xie, The Chinese University of Hong Kong |
| 383 | State-owned banks and credit allocation in India: Evidence from an asset quality review | Abhiman Das, Indian Institute of Management, Ahmedabad Sanket Mohapatra, Indian Institute of Management, Ahmedabad Akshita Nigania, Indian Institute of Management Ahmedabad |
| 384 | Greenwashing and Bank Loan Contracting: Does Environmental Disclosure Quality Matter to Creditors? | Mohammad Rahaman, Saint Mary's University |
| 386 | Two Risk Factors in the Long Run: A Key to Decipher Asset Pricing Puzzles | Nan Li, Shanghai Jiao Tong University |
| 387 | Does Uncertain Credit Information Quality Matter for Bond Funds? | Nan Yang, Hong Kong Polytechnic University |
| 389 | Managing China's Stock Markets: the Economics of the National Team | Tri Vi Dang, Columbia University Wei Li, East China Normal University Yongqin Wang, 复旦大学 |
| 391 | Banks Incentive Pay, Diversification and Systemic Risk | Shuo Zhao, Tilburg University |
| 392 | Markup Shocks and Asset Prices | Alexandre Corhay, University of Toronto Jun Li, Shanghai Jiao Tong University Jincheng Tong, University of Toronto |
| 393 | CEOs’ Names and Financial Misstatements | Ran An, Xiamen University Feng Tian, The Hong Kong Polytechnic University Yinglei Zhang, The Chinese University of Hong Kong |
| 395 | Knowledge is Power: A Field Experiment in the Chinese and US Stock Markets | Sonia Man Lai Wong, Lingnan University Yuan Xue, Huazhong University of Science and Technology Bohui Zhang, The Chinese University of Hong Kong, Shenzhen Xiaofeng Zhao, Lingnan University |
| 398 | The Crowding Out Effect of Fiscal Expansion on Corporate Borrowing | Zefeng Chen, Peking University Masazumi Hattori, Hitotsubashi University Mai Li, Guanghua School of Management, Peking University Haonan Zhou, Princeton University |
| 402 | Intergenerational Influences of Personal Bankruptcy: Evidence from Singapore | Sumit Agarwal, National University of Singapore Tien Foo Sing, National University of Singapore Xiaoyu Zhang, National University of Singapore |
| 403 | Risk-Taking Incentive in Performance-Vested Restricted Stock Grants and Corporate Innovation | Shunji Mei, The University of Queensland RONGHONG HUANG, University of Queensland Kelvin Jui Keng Tan, The University of Queensland |
| 404 | Minimum Wage, State Ownership, and Industrial Pollution | Tao Chen, Nanyang Technological University Xi Xiong, Wuhan University Kunru Zou, Renmin University of China |
| 405 | Trademark protection and CEO risk-taking incentives | Tao Chen, Nanyang Technological University Yangyang Chen, City University of Hong Kong Bin Yang, Jinan University Tao Yuan, Nanjing University |
| 409 | Institutional Investors’ Attention and Management Guidance Behavior | Yubin Li, Harbin Institute of Technology Shenzhen Jia Liu, University of Portsmouth Yang Liu, Southwestern University of Finance and Economics |
| 410 | Stock Market and Demand for Skill | Yao Lu, Tsinghua University Liu Yang, University of Maryland Yeqing Zhang, Central University of Finance and Economics |
| 411 | Political Relations and Intellectual Collaboration: Evidence from U.S. Multinational Corporations | Chong Chen, Central University of Finance and Economics Yaxuan Qi, City University of Hong Kong Bohui Zhang, The Chinese University of Hong Kong, Shenzhen |
| 412 | The Price of Losing Trust: The Case of YouTube Creators | Sung Kwan Lee, Chinese University of Hong Kong, Shenzhen |
| 414 | Distracted Investors under Institutional Cross-Blockholding: Evidence from Corporate Social Responsibility | Tao Chen, Nanyang Technological University Jimmy Qu, Nanyang Technological University |
| 415 | The Impact of Cash Flow Uncertainty on Investment-Cash Flow Sensitivity in China: The Debt Financing Channel | Sai Ding, University of Glasgow |
| 416 | CSR disclosure and corporate innovation: Evidence from China | Jianfu Shen, The Hong Kong Polytechnic University |
| 418 | Do institutional investors exploit expectation errors in value/glamour stocks? | Jianfu Shen, The Hong Kong Polytechnic University |
| 419 | Which Expectation? Toward a Unified Framework of Expectation-based Asset Pricing | Yingguang Zhang, Peking University |
| 422 | Information Diffusion into Multi-(Secretive)-Segment Firms | C.S. Agnes Cheng, University of Oklahoma Chengwei Wang, Sungkyunkwan University SKKGSB |
| 423 | Green or Brown: Which Overpriced Stock to Short Sell? | Weiming Zhang, Chinese University of Hong Kong |
| 425 | Directors’ Personal Experience and Corporate Environmental Performance | Qianqian Huang, City University of Hong Kong Feng Jiang, State University of New York at Buffalo Yuhai Xuan, University of California, Irvine Xunan ZHOU, City University of Hong Kong |
| 427 | Rainy Day Liquidity | Jingzhi Huang, Pennsylvania State University Xin Li, Michigan Technological University Mehmet Saglam, University of Cincinnati Tong Yu, University of Cincinnati |
| 429 | Regularized Mimicking Portfolios | dan Luo, Temple University Oleg Rytchkov, Temple University Xun Zhong, Fordham University |
| 431 | The Effect of ESG-motivated Turnover on Firm Financial Risk | Daewoung Choi, Louisiana State University Shreveport Yong Kyu Gam, University College Dublin MIN JUNG KANG, UNIVERSITY OF MICHIGAN-FLINT Hojong Shin, California State University, Long Beach |
| 433 | Instrumented Expected Profitability Premium | Te-Feng Chen, Hong Kong Polytechnic University Ye Gong, Hong Kong Polytechnic University K. C. John Wei, Hong Kong Polytechnic University |
| 435 | The Bundled Design of Institutional Loan Deals – An Information Asymmetry Perspective | Shibin Tang, University of Toronto |
| 445 | Mutual Risk Sharing and Fintech: The Case of Xiang Hu Bao | Hanming Fang, University of Pennsylvania Xiao Qin, Shanghai Jiao Tong University Wenfeng Wu, Shanghai Jiao Tong University Tong Yu, University of Cincinnati |
| 449 | Rating Agency Beliefs and Credit Market Distortions | Chen Wang, University of Notre Dame Gregory Weitzner, McGill University |
| 451 | Sustainable Mutual Fund Performance and Flow in the Recent Years Through the COVID-19 Pandemic | Fei Fang, Clark University Sitikantha Parida, Clark University |
| 456 | The Role of Financial Reporting Quality in Private Placements | C.S. Agnes Cheng, University of Oklahoma Jiajia Fu, University of Texas Rio Grande Valley Zhi LI, The Hong Kong Polytechnic University Jing Xie, Hong Kong Polytechnic University |
| 457 | The Effect of Institutional Investor Distraction on Analyst Forecasts | Zhi LI, The Hong Kong Polytechnic University Jing Xie, Hong Kong Polytechnic University |
| 461 | Can A Sell-by-Plan Mandate Mitigate Opportunistic Insider Selling? | Pengfei Ye, Virginia Polytechnic Institute and State University Qingsheng Zeng, Shanghai University of Finance and Economics Cheng Zhang, East China Normal University |
| 462 | Happiness and Innovation around the World | Yuna Heo, Rutgers University Fangfang Hou, Xiamen University Seongkyu (Gilbert) Park, Hong Kong Polytechnic University |
| 464 | Value Relevance of Abnormal Carbon Emissions: Evidence from the United States | Le Luo, Macquarie University |
| 465 | FinTech Mergers | Xiaoyu Wang, Georgia State University Alan Zhang, Florida International University |
| 466 | Term Structure of Equity in the Cross Section | Sipeng CHEN, The Hong Kong Polytechnic University Gang Li, The Hong Kong Polytechnic University K.C. John Wei, Hong Kong Polytechnic University Linti Zhang, The Hong Kong Polytechnic University |
| 467 | Security-Cost Efficiency of Competing Proof-of-Work Cryptocurrencies | Kohei Kawaguchi, Hong Kong University of Science and Technology Shunya Noda, University of Tokyo |
| 471 | A dynamic term structure perspective of green premiums: evidence from municipal bond market | Chen ZHANG, NUS (chongqing) research institute |
| 475 | Can Machines Understand Human Decisions? Dissecting Stock Forecasting Skill | Sean Cao, Georgia State University Xuxi Guo, Georgia State University Houping Xiao, Georgia State University Baozhong Yang, Georgia State University |
| 483 | Intangible Customer Capital and Bank Resilience | Joel Houston, University of Florida Hongyu Shan, Fordham University Yu Shan, Concordia University |
| 484 | Cutting Operational Costs by Integrating Fintech into Traditional Banking Firms | Linda Allen, Baruch College, The City University of New York Yu Shan, Concordia University Yi Tang, Fordham University Alev Yildirim, Southern Connecticut State University |
| 488 | Out-of-Sample Equity Premium Prediction: The Role of Option-Implied Constraints | Yunqi Wang, Southern University of Science and Technology Ti Zhou, Southern University of Science and Technology |
| 491 | Alternative Investments in the Fintech Era: The Risk and Return of Non-fungible Token (NFT) | De-Rong Kong, National Taiwan University Tse-Chun Lin, University of Hong Kong |
| 492 | The effect of labor market immobility on syndicated-loan structures | Daphne LAU |
| 493 | Do Short-Sale Constraints Inhibit Information Acquisition? Evidence from Two Natural Experiments | Lixin (Nancy) Su, Hong Kong Polytechnic University Sonia Man Lai Wong, Lingnan University Yuan Xue, Huazhong University of Science and Technology Xiaofeng Zhao, Lingnan University |
| 499 | Too Much to Learn: The Unintended Consequences of RegTech Development on Mergers and Acquisitions | Ming Gu, Xiamen University Dongxu Li, Xiamen University Xiaoran Ni, Xiamen University |
| 500 | Climate Vulnerability and Stock Price Crash Risk Worldwide | Xiaoran Ni, Xiamen University Yi Si, Xi'an Jiaotong Univertisty Bohui Zhang, The Chinese University of Hong Kong, Shenzhen |
| 505 | A Model of Stock Buybacks | Alvin Chen, Stockholm School of Economics |
| 507 | Shared Analyst Coverage and Intra-analyst Information Spillover: Evidence from Management Earnings Forecasts | Mingming Ji, The Hong Kong Polytechnic University Liangliang Jiang, Hong Kong Polytechnic University |
| 509 | FinTech Credit, Information Spillover and the Riskiness of Bank Loans | Chunbo Liu, Southwestern University of Finance and Economics Yu Wu, Southwestern University of Finance & Eco Song Zhang, Boston College |
| 511 | Does the Nature of Political Connection Matter for Corporate Social Responsibility Engagement? Evidence from China | Erin So, Hong Kong Baptist University |
| 512 | DO WOMEN RECEIVE WORSE FINANCIAL ADVICE | Utpal Bhattacharya, Hong Kong University of Science and Technology Amit Kumar, Hong Kong University of Science and Technology Sujata Visaria, Hong Kong University of Science and Tech Jing Zhao, Hong Kong Polytechnic University |
| 513 | Fund Skills Analysis via Machine Learning | Mengchuan Wang, the University of Melbourne |
| 514 | Institutional Visitors and Corporate Social Responsibilities | Lewis Tam, University of Macau Shaohua Tian, Macau University of Science and Technology |
| 515 | Does Mobile Payment Adoption Reduce Corruption? Cross-country Evidence | Lin Tang, the University of Hong Kong Yuhai Xuan, University of California, Irvine Hong Zou, The University of Hong Kong |
| 517 | The Value-Add of Venture Capital Due-diligence for Venture Performance | Juanita Gonzalez-uribe, London School of Economics and Political Science Robyn Klingler-Vidra, King's College of London Su Wang, University of Amsterdam Xiang Yin, London School of Economics |
| 518 | Present Bias and the Value of Sophistication | Subas Acharya, University of Texas at Dallas |
| 519 | Value of payouts in the course of corporate governance reform | Hiroshi Moriyasu, Nagasaki University Shinya Shinozaki, Saga University Konari Uchida, Kyushu University |
| 524 | Executive Fiduciary Duties and Workplace Safety | Sichen Shen, Wuhan University Vijay Yerramilli, University of Houston Hong Zou, The University of Hong Kong |
| 525 | Abnormal Downside Tail Risk as a Predictor of the Risky Bond Returns: Evidence from Korean Corporate Bond Market | Jisu Ahn, Shinhan Asset Management Injun Hwang, Korea University Business School Baeho Kim, Korea University Business School |
| 526 | Firm Foreign Activity and Exchange Rate Risk | Amir Akbari, McMaster University Francesca Carrieri, McGill University |
| 532 | Politically Polarized Depositors | Jinoug Jeung, Emory University |
| 533 | Home Not So Sweet Home: An Examination of Retail Investors’ Local Information Advantage Using Online Stock Forum Posts | Jiaxing You, Xiamen University Shuyi Zhu, Xiamen University Jingjing Xia, Wenzhou-Kean University |
| 535 | Arbitrage and Corporate Decisions | Zhen Lai Yunqi Zhang, Nankai University |
| 539 | Does Financial Disclosure Predict Corporate Innovation? Evidence from MD&A Textual Tones | Xun Xiong Long Zhao, Hunan University |
| 545 | The effects of taxation on corporate social responsibility in an emerging market: Evidence from a Korean tax reform | Jiyoon Lee, Yonsei University Hyejin Park, Korea Capital Market Institute Jewon Shin, Yonsei University |
| 546 | Greed versus Fear：Which Affects Stock Returns? Evidence from Chinese Option Markets | Huaigang Long, Zhejiang University of Finance and Economics Yanjian Zhu, Zhejiang University |
| 547 | Do Investors Value Corporate Workforce Equality? | Yanru HAN, The Chinese University of Hong Kong |
| 548 | Difference Is Good: Evidence from the Effect of Ethnicity Diversity on Corporate Interstate Investments | YING MAO, Lingnan University Zheng Wang, City University of Hong Kong Hong Zou, The University of Hong Kong |
| 549 | Media Climate Change Concern and Stock Returns | Liya Chu, East China University of Science and Technology (ECUST) Jun Tu, Singapore Management University LUYING WANG, Singapre Management University |
| 551 | Growing Up with Finance: Special Economic Zoning and Household Finances in China | DONGNI DUAN, University of Glasgow |
| 553 | CFO Gender and Financial Statement Comparability | Fangjun WANG, Xi'an Jiaotong University Zhichao Zhang, Xi'an Jiaotong University Li-Chin Ho, University of Texas at Arlington Muhammad Usman, Nanjing Audit University |
| 556 | Does Non-punitive Regulation Diminish Stock Price Crash Risk? | Jing Lu, Chongqing University Yuhang Qiu, Chongqing University |
| 559 | The effect of compensation benchmarking – Evidence from share repurchases | yuyuan chang, South China University of Technology David Reeb, National University of Singapore Yao Shen, Baruch College, The City University of New York Jing Xie, Hong Kong Polytechnic University |
| 560 | Unveiling the Dividend Puzzle: A Field Experiment | Xiaoqiao Wang, The Chinese University of Hong Kong, Shenzhen Jing Xie, Hong Kong Polytechnic University Bohui Zhang, The Chinese University of Hong Kong, Shenzhen Xiaofeng Zhao, Lingnan University |
| 561 | Disclosure Clientele and Return Co-movement: Evidence from Management Earnings Forecasts | Jing Xie, Hong Kong Polytechnic University |
| 562 | What drives firms’ choice between green and non-green bonds? | Shuyu Li, The University of Manchester Marie Dutordoir, The University of Manchester Joao Quariguasi frota net, The University of Manchester |
| 568 | Regulation-induced CSR | Jing Xu, University of Technology Sydney |
| 569 | The Coming Battle of Digital Currencies | Lin William Cong, Cornell University Simon Mayer, University of Chicago, Booth School of Business |
| 570 | Nominal Exchange Rates and Heterogeneous Beliefs | Benjamin Croitoru, McGill University Feng Jiao, University of Lethbridge Lei Lu, University of Manitoba |
| 571 | Endogenous Limits to Arbitrage and Price Informativeness | Di Cui, Central University of Finance and Economics Oyvind Norli, BI Norwegian Business School Johann Reindl, Oslo Metropolitan University |
| 572 | Trust, but verify: The economics of scams in initial coin offerings | Kenny Phua, University of Technology Sydney Bo Sang, Singapore Management University Chishen Wei, Singapore Management University Gloria (Yang) Yu, Singapore Management Univesity |
| 573 | The strategic use of corporate philanthropy: Evidence from bank donations | Seungho Choi, Queensland University of Technology Jonghyeon Park, UNSW Simon Xu, UC Berkeley |
| 574 | Incorporating Release Lag in Detecting Misstatements | Min Zhu, University of Queensland Business School |
| 575 | Environmental regulation, pollution, and shareholder wealth | Seungho Choi, Queensland University of Technology Jonghyeon Park, UNSW Simon Xu, UC Berkeley |
| 576 | Covid-19 and Firm Communication: How Mobility Constraints Affect the Conference Call Sentiment? | Wenyao Hu, Saint Mary's University Heng (Emily) WANG, Oklahoma State University |
| 579 | Retail investor attention and equity mispricing: Evidence from celebrity endorsements | Xiaoran Ni, Xiamen University Xuanying Yu, Zhongnan University of Economics and Law Yong Huang, Zhongnan University of Economics and Law |
| 580 | Do Local Newspapers Matter to Institutional Investors? | Byoung Uk Kang, Hong Kong Polytechnic University Jonathan Nam, Hong Kong Polytechnic University |
| 585 | Do Labor Mobility Restrictions affect Debt Maturity? | Mong Shan Ee, Deakin University Iftekhar Hasan, Fordham University He Huang, University of Sydney |
| 586 | Credit Reallocation Effects of the Minimum Wage | Tse-Chun Lin, University of Hong Kong Xiaoran Ni, Xiamen University Yuchao Peng, Central University of Finance and Economics, |
| 588 | Ambiguity and Market Underreactions to Earnings News | Xiaobo Liang, University of Hawaii at Manoa Qianqiu Liu, Shidler College of Business, University of Hawaii S. Ghon Rhee, University of Hawaii |
| 589 | Wrongful Discharge Laws and Trade Receivables | Tongxia Li, Beijing Normal University Tze Chuan Ang, Deakin University Chun Lu, Macau University of Science and Technology |
| 591 | The Public Availability of Retail Order Flow Data and Market Quality | Vinh Duc Anh Hua, Deakin University Harminder Singh, Deakin University Xiangkang Yin, Deakin University |
| 592 | The Sino-U.S. Tech War, Domestic Product Substitution, and Firm Innovation: Evidence from the Entity List Policy | Wang Lixuan, Wuhan University |
| 594 | Fund Flows, Asset Size, and Performance: The Strange Case of Japanese Mutual Funds | Toshiki Honda, Hitotsubashi University |
| 595 | The Role of Short Sellers in the Lifecycle of Securities Litigation | Chun Kiat Lee, The University of Queensland Chelsea Liu, The University of Adelaide Lily Nguyen, The University of Queensland Kelvin Jui Keng Tan, The University of Queensland |
| 597 | What Do Questions Reveal? Skill Acquisition, Detection, and Recognition in the Capital Markets | Ling Cen, The Chinese University of Hong Kong Yanru HAN, The Chinese University of Hong Kong Jarrad Harford, University of Washington |
| 598 | Expected Macroeconomic Conditions and Equity Premium Prediction | Yizhe Deng, Ping An Bank Yunqi Wang, Southern University of Science and Technology Ti Zhou, Southern University of Science and Technology |
| 600 | Value Premium, Network Adoption, and Factor Pricing of Crypto Assets | Lin William Cong, Cornell University George Andrew Karolyi, Cornell University Ke Tang, Tsinghua University Weiyi Zhao, Tsinghua University |
| 604 | Disaster Recovery, Jump Propagation and the Multi-horizon UIP Pattern | Jianfeng XU, City University of Hong Kong |
| 605 | The Effects of Mandatory ESG Disclosure around the World | Philipp Krueger, University of Geneva Zacharias Sautner, Frankfurt School of Finance & Management Dragon Yongjun Tang, University of Hong Kong Rui Zhong, University of Western Australia |
| 606 | Heterogeneity of Heterogeneous Belief across Financial Markets and Stock Price Crash Risk | Michael Gallmeyer, University of Virginia Yiming Ma, Central University of Finance and Economics Yangru Wu, Rutgers University Rui Zhong, University of Western Australia |
| 607 | Climate Laws and Cross-border Mergers and Acquisitions | Tong Li, The University of Hong Kong Dragon Yongjun Tang, University of Hong Kong Fei Xie, University of Delaware |
| 608 | Bank Concentration, Bank Capital and Misallocation | Yu Yi, LSE |
| 609 | Does the Threat of Securities Class Actions Add Value for Shareholders? Evidence from China’s 2020 Adoption of Securities Class Actions | Warren Bailey, Cornell University Hui Ma, Tongji University Rongli Yuan, Renmin University of China Hong Zou, University of Hong Kong |
| 611 | No News is Bad News: Latent Strategic Disclosure on Online Interactive Platforms | Yuqin Huang, Central University of Finance and Economics Maobin Xu, The Chinese University of Hong Kong, Shenzhen Tong Li, The University of Hong Kong |
| 616 | Can Chinese firms benefit from issuing carbon-neutral bonds? | Moran Wang |
| 617 | Bank Loan Announcement Effects—Evidence from a Comprehensive 8-K Sample | Steven Wei Ho, Columbia University Clark Liu, Tsinghua University Shujing Wang, Tongji University |
| 622 | Organizational Capital and Stock Price Crash Risk | Zhe Shen, Xiamen University Sowahfio Sowah, Xiamen University Norvald Instefjord, University of Essex Shan Li, Xiamen University |
| 623 | Incomplete-Market Equilibrium with Unhedgeable Fundamentals and Heterogenous Agents | Paolo Guasoni, Dublin City University Marko Hans Weber, National University of Singapore |
| 627 | Government Speculation on Spillover Effect in the Housing Market: Evidence from House Purchase Restrictions in China | Qing YU |
| 628 | Mutual Fund Dual Holdings and Shareholder-Creditor Conflicts | Rex Renjie, VU University Amsterdam Patrick Verwijmeren, Erasmus University Rotterdam Shuo Xia, Halle Institute for Economics Research |
| 630 | The Social Geography of Misconduct | Vicente Corral, Universidad de los Andes |
| 631 | Optimal Consumption and Investment with Cointegrated Stock and Housing Markets | Hong Liu, Washington University in St. Louis |
| 632 | Optimal Tax-Timing with Transaction Costs | Hong Liu, Washington University in St. Louis |
| 637 | Gender Equality and Cross-border Mergers and Acquisitions: The Evidence with RECP Targets | Yenn-Ru CHEN, National Chengchi University Yu-Lin Huang, National Taichung University of Science and Technology Ting-Yu Chang, National Chengchi University |
| 639 | Robust portfolio optimization under ambiguity and the under-diversification puzzle | Somayyeh Lotfi, University of Cyprus Stavros Zenios, University of Cyprus |
| 641 | Disclosure Deregulation of Quarterly Reporting | Vanessa Behrmann, University of Bremen Lars Hornuf, University of Bremen Jochen Zimmermann, University of Bremen |
| 643 | How Does Inside Information Impact Debt Renegotiation? The Role of Inside Trading | Yan Ge, University of Bristol Xiang Li, Loughborough University Huainan Zhao, Loughborough University |
| 646 | Outsourced Fund and Risk-taking: A Tale of Two Contracts | JUNG HOON LEE, Vanderbilt University Saurin Patel, Western University Shyam Venkatesan, Western University |
| 649 | Are Foreign Investors Really Underperform Domestic Investors in Trading Activities? A Machine Learning Approach and Evidence from Indonesia | Aurelius Aaron, The Hong Kong Polytechnic University Shuqi Wang, The Hong Kong Polytechnic University |
| 654 | The Externality of Corporate Frauds: Evidence from Active Mutual Fund Ownership | Vikas Agarwal, Georgia State University Wayne Lee, University of Arkansas Yuchen Luo, The University of Arakansas Hong Zou, The University of Hong Kong |
| 657 | How does Fed communication affect uncertainty and risk aversion? | Frankie Chau, Durham University Business School Rataporn Deesomsak, Durham University Business School Raja Shaikh, University of Durham |
