Research Interests:Institutional Investor, Asset Pricing, Corporate Finance
Education experience:
2009-2014,Ph.D. in Finance, Nanyang Business School, Nanyang Technological University, Singapore
2005-2009,B.B.A in Financial Management, School of Management, Xiamen University, China
Working experience:
2014-2017,Assistant Professor, Department of Finance, School of Management, Xiamen University
2017-2020,Associate Professor, Department of Finance, School of Management, Xiamen University
2020-present,Professor, Department of Accounting and Finance, School of Management, Xi'an Jiaotong University
Academic Publications:
1. “Rarity, the WTA-WTP Disparity, and Price Adjustments in the NFT Market”, with Yuanyuan Liu, Bingrui Huangfu, and Xi Zhao, International Journal of Research in Marketing (ABS 4), 2024, forthcoming, .
2. “Uncovering Interfirm Links through Textual Topic Similarity: A Comomentum Analysis in Financial Markets”, with Zhiyu Zhang, Yao Ge, Zhe Shen, British Accounting Review (ABS 3), 2024, forthcoming.
3. “Institutional Investor Cliques and Stock Price Efficiency: Evidence from China”, with Xiaodong Guo, Caiji Pang, Xiangkun Yao, Journal of Financial Markets (ABS 3), 2024 (71), 10093.
4. “Local Labor Market and Corporate Investment”, with Yao Ge and Hao Zheng, Journal of Empirical Finance (ABS 3), 2024 (79), 101554.
5. “Options Trading and Earnings Management”, with Xin Dai and Chongwu Xia, Accounting Horizons (ABS 3), 2024, 38 (3): 13–34.
6. “Local Labor Market and the Cross Section of Stock Returns”, with Yao Ge and Hao Zheng, Journal of International Money and Finance (ABS 3), 2023 (138), 102925.
7. “Production Similarity and the Cross-section of Stock Returns: A Machine Learning Approach”, with Yao Ge, Zhe Shen, and Zhiyu Zhang, Accounting and Finance, 2023.63(5), 4849-4882.
8. “Dancing in Shackles: Clawback and Corporate Innovation”, with Xin Deng, Shengmin Hung, and Yen-Teik Lee, Journal of Accounting and Public Policy (ABS 3), 2022.41, 1-17.
9. “The Real Effects of Institutional Spatial Concentration”, with Xiaoran Huang and Lei Zhang, Financial Management (ABS 3), 2021.50, 1113-1167.
10. “Individual Commitment and Team Performance: Evidence from Mutual Fund Managers”, with Jiang Luo, Journal of Financial and Quantitative Analysis (FT50, ABS4), 2020.55:2073–98.
11. “Does Corporate Hedging Affect Firm Value? Evidence from the IPO Market”, with Chongwu Xia and Lei Zhang, Journal of Futures Market (ABS 3), 2020.40(6), 595-927
12. “Mutual Fund Herding and Stock Price Crashes”, with Xin Deng and Shengmin Hung, Journal of Banking and Finance (ABS 3), 2018.94 (9): 166-184(JBF Most Cited Papers in 2018)
13. “Shadows in The Sun: Crash Risk behind Earnings Transparency”, with Shengmin Hung, Journal of Banking and Finance (ABS 3), 2017 (83), 1-18.