Zhou Z., Wu K., 2023. Does Climate Risk Exposure Affects Corporate Leverage Adjustment Speed? International Evidence, Journal of Cleaner Production, 389(2): 136036. [PDF]
Wu K., Liu Y., Sun H., Xu Y., 2023. It Pays to Have Guanxi: How Social Capital Affects Household Income? International Studies of Economics, in press. [PDF]
Kopyrina O., Wu K., Ying Z., 2023. Greening through Central Inspection: The Role of Legitimacy Pressure and Risk-Taking, Pacific-Basin Finance Journal, 77(2): 101894. [PDF]
Liu J., Wu K., Zhou M., 2023. News Tone, Investor Sentiment, and Liquidity Premium, International Review of Economics and Finance, 84(3): 167-181. [PDF]
Liu J., Wu K., 2022. Purifying Political Ecology: How Anti-Corruption Campaign Affects Capital Structure Decisions? Pacific-Basin Finance Journal, 75(10), 101845.[PDF]
Zhang H., Liang S., Qiu Y., Cai Y., Chan G., Wang S., Zhou D., Zhou Y., and Li Z., 2022. Using Agrophotovoltaics to Reduce Carbon Emissions and Global Rural Poverty, The Innovation, 3(6), 100311. [PDF]
Wang, S., Wu, K., Lai, S., 2022. Acquisition for Innovations? M&A Intensity and Intra-Firm R&D Reallocations, Research in International Business and Finance, 62(12), 101721. [PDF]
Liu, J., Wu, K., Jiang, F., and Shen Z. 2022. How Is Illiquidity Priced in the Chinese Stock Market? Accounting and Finance, in press. [PDF]
Wu, K., Liu Y., Feng W., 2022. The Effect of Index Option Trading on Stock Market Volatility in China: An Empirical Investigation, Journal of Risk and Financial Management, 15(4), 150. [PDF]
Rehman, O., Liu, X., Wu, K., Li, J., 2022. Customer Concentration, Leverage Adjustments, and Firm Value, Accounting and Finance, in press. [PDF]
Zhang, H., Huang Y., Wu, K., Wang S., Nygaard C., Qiu, Y., 2022. Do Political Connections Affect Corporate Poverty Alleviation Decisions? Evidence from China, China Economic Review, 73(6), 101785. [PDF]
Wu, K., Xu, M., Jin, Z., 2022. Thirst for Money: External Guarantees and Stock Price Crash Risk, Pacific-Basin Finance Journal, 72(4), 101724. [PDF]
Huang, Y. Liang, B., Wu, K. 2021. Are Mutual Fund Manager Skills Transferable to Private Funds? International Review of Economics and Finance, 76(11), 614-638. [PDF]
Huang, D., Li, J. Wu, K. 2021. The Effect of Oil Supply Shocks on Industry Returns,Journal of Commodity Markets, 24(12),100172. [PDF]
Wu, K., Lai, S. 2020. Intangible Intensity and Stock Price Crash Risk, Journal of Corporate Finance, 64(10), 101682. [PDF]
Zhang, H., Wu, K., Qiu, Y., Chan, G., Wang, S., Zhou, D., Ren, X. 2020. Solar Photovoltaic Interventions Have Reduced Rural Poverty in China, Nature Communications, 11:1169. [PDF]
Zhang, H., Xu, Z., Wu, K., Zhou, D., Wei, G. 2019. Multi-dimensional Poverty Measurement for Photovoltaic Poverty Alleviation Areas: Evidence from Pilot Counties in China. Journal of Cleaner Production, 241(12), 118382. [PDF]
Chen, H., Han, Q., Li, Y., Wu, K. 2013. Does Index Futures Trading Reduce Volatility in the Chinese Stock Market? A Panel Data Evaluation Approach. Journal of Futures Markets, 33(12), 1167-1190. [PDF]
Does Shale Gas Development Promote Local Innovation? [PDF] (Revised and resubmitted, Energy Economics) with Zixuan Jiang
Does Political Inspection Promote Corporate Green Innovation? [PDF] (Revised and resubmitted, Energy Economics) with Huiming Zhang, Dayu Wan, Chuanwang Sun, and Caixia Lin
中小股东的声音:网络投票政策与企业内部薪酬差距 [PDF] 与刘继明、刘向丽合作
数字生态下企业共同富裕研究:基于多重分配视角 [PDF] 与余俊焱合作
低碳试点城市政策、分析师预测行为与市场预期 [PDF] 与孙玉莹、林潜润、洪永淼合作
Blessing or Curse? Government Subsidy Dependence and Stock Price Crash Risk [PDF] with Xiaoxing Liu and Obaid Rehman
Do Intangible Assets Really Foster Corporate Tax Avoidance? [PDF] with Weimian Ai and Yi Liu
Political Uncertainty, Monetary Policy Contraction and Capital Structure Dynamics [PDF] with Yi Liu and Seiwai Lai
Political Uncertainty and Corporate Innovations: Does Firm-Level Risk Matter? [PDF] with Obaid Ur Rehman and Jia Liu
Central Judicial Inspector: Establishment of Circuit Tribunals and Corporate Innovation in China [PDF] with Minli Sun
Cheap Money Talk: Banking Liberalization and Corporate Innovation in China [PDF] with Haoan Yan and Yi Liu
Hedging-Motivated Tax Avoidance [PDF] with Yuying Sun,Yao Yue, and Shouyang Wang
How Do Natural Disasters Impede Corporate Earnings Management? [PDF] with Huiming Zhang, Shouyang Wang, Yueming Qiu, and Mark Seasholes
The Cost of Capital and Corporate Employment [PDF] with Soku Byoun and Zhaoxia Xu
Investment Incentives and Corporate Social Responsibilities: Does Managerial Long-Termism Matter? [PDF] with Olga Kopyrina and Zhanyu Ying
Understanding the Information Content of Alternative Cost-of-Equity Proxies [PDF] with Soku Byoun
Trusting the Theft: Relative Performance Evaluation and Corporate Tax Avoidance [PDF] with Ke Shi
Informativeness of Incentive Contracts: Relative Performance Evaluation and Stock Price Crash Risk [PDF] with Suwei An and Xiaofen Tan
Corporate Liquidity Effect of Performance Commitment in Acquisitions [PDF] with Yufei Lu
How Does COVID-19 Pandemic Affect Corporate Financial Flexibility? [PDF] with Obaid Rehman and Jia Liu
Does Political Turnover Matter in Executive Compensation? [PDF] with Jiming Liu
Why Do M&A Bidders Adopt Performance Commitment Clauses? A Tunneling Perspective [PDF] with Maobin Xu and Yuzi Chen
Manager Sentiment, Deal Characteristics, and Takeover Performance [PDF] with Suwei An and Xiaofen Tan
The Power of Title: Intellectual Property Support and Firm Innovation [PDF] with Maobin Xu
Racing to Accomplishment: Relative Performance Evaluation and Corporate Innovation [PDF] with Ke Shi
Market Liquidity and Price Disparity: Evidence from Chinese Cross-Listed Firms [PDF] with Jun Liu and Botao Fan
Supplier Concentration and Speed of Capital Structure Adjustment [PDF] with Yi Liu and Sirui Ruan
Does Economic Policy Uncertainty Drive Global ETF Flows? [PDF] with Yuying Sun, Qianrun Lin, and Ke Shi
Mutual Fund Advisory Misconduct: Investor Flows and Firm Reactions [PDF] with Bing Liang and Yuying Sun
Natural Disasters and Regional Innovation [PDF] with Ziyang Zhan
Innovation Overload? [PDF] with Byoung-Hyoun Hwang and Hugh Hoikwang Kim
Supplier Concentration and Analyst Forecasting Bias [PDF] with Xiaotong Jia
Minority Shareholder Protection and ESG Disclosure [PDF] with Olga Kopyrina
Works in Progress
Workplace Labor Protection and Organizational Capital with Kehan Zhang
Firm Digitization and Financial Distress with Yufei Lu