Zhang, H., Wang D., Sun, C., Wu, K., Lin C., 2023. Does Political Inspection Promote Corporate Green Innovation?, Energy Economics, 123(7): 1-11. [PDF]
Liu, J., Wu, K., Jiang, F., and Shen Z. 2023. How Is Illiquidity Priced in the Chinese Stock Market? Accounting and Finance,75(S1): 1285-1320. [PDF]
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]
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]
Supplier Concentration and Speed of Capital Structure Adjustment [PDF] (Revised and resubmitted, Pacific-Basin Finance Journal) with Yi Liu and Sirui Ruan
Does Shale Gas Development Promote Local Innovation? [PDF] (Revised and resubmitted, Energy Economics) with Zixuan Jiang
Supplier Concentration and Analyst Forecasting Bias [PDF] (Revised and resubmitted, China Journal of Accounting Research) with Xiaotong Jia
Manager Sentiment, Deal Characteristics, and Takeover Performance [PDF] (Revised and resubmitted, British Accounting Review) with Suwei An and Xiaofen Tan
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 and Yuzi Chen
Cheap Money Talk: Banking Liberalization and Corporate Innovation in China [PDF] with Haoan Yan and Yi Liu
Hedging Through Tax Avoidance: How Firms Manage Exposure to Tax Policy Risk [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
From Promise to Peril: Corporate Liquidity Effect of Performance Commitment in Acquisitions [PDF] with Yufei Lu and Zixuan Jiang
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
Double-Dipping Trick: Uncovering Major Shareholder Tunneling Behind Performance Commitment Clauses [PDF] with Maobin Xu and Yuzi Chen
The Power of Title: Firm Innovation under Intergovernmental Competition [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
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
Talents at Large: How Natural Disasters Affect Regional Innovation? [PDF] with Ziyang Zhan and Huiming Zhang
Innovation Overload? [PDF] with Byoung-Hyoun Hwang and Hugh Hoikwang Kim
Building Sustainable Business through Protecting Minority Shareholders: An Insight from China [PDF] with Olga Kopyrina and Zhanyu Ying
From Red Tape to Innovation: How Does Government Financing Reform Affect Corporate R&D Activities? [PDF] with Dingyao Guo
Banking Liberalization and Analyst Forecast Accuracy [PDF] with Linghao Zhang
Corporate Digital Transformation and Financial Distress: Pennies from Heaven or Hidden Risk? [PDF] with Yufei Lu
Workplace Anti-Discrimination and Corporate Organizational Capital [PDF] with Kehan Zhang
Non-Controlling Large Shareholders and Corporate Internal Control: The Role of Exit Threat and Supervisory Incentive [PDF] with Zihang Yan, Jiahao Xie and Ruihui Wang
Do Performance Commitment Clauses Affect Accounting Information Quality? The Case of Bidder Fraud [PDF] with Zihan Zhou
Beyond the Minimum: The Unintended Consequences of Minimum Wage Policy on Corporate Executive Compensation [PDF] with Jiming Liu and Xiangli Liu
Speed for Safety: The Establishment Bankruptcy Courts and Bank Credit Risk in China with Yue Zhang
Corporate Climate Risk Exposure and Financial Fraud: A Cross-Country Study with Dan JR Yao and Zihan Zhou
Works in Progress
Environmental Court and Green Finance with Ziyang Zhan
Firm-level Climate Risk and Corporate Social Responsibilities with Tanveer Bagh