Publications

• Huiming Zhang,  Zhidong Xu, Kai Wu, Dequn Zhou, Guo Wei, 2019, Multi-dimensional Poverty Measurement for Photovoltaic Poverty Alleviation Areas: Evidence from Pilot Counties in China​​​, Journal of Cleaner Production, 241
  [PDF]
  
  
• 陈海强、韩乾, 吴锴，融资约束抑制技术效率提升吗?——基于制造业微观数据的实证研究, 《金融研究》, 2015(10): 148-162 [PDF]​​

• Haiqiang Chen, Qian Han and Yingxing Li, Kai Wu, 2013, Does Index Futures Trading Reduce Chinese Stock Market Volatility? A Panel Data Evaluation Approach, Journal of Futures Markets, 33(12): 1167-1190 [PDF]

 

• 陈海强、韩乾, 吴锴，现金流波动, 盈利稳定性与公司价值——基于沪深上市公司的实证研究, 《金融研究》, 2012(9): 181-194 [PDF]

Working Papers

• Economic Consequences of Mutual Fund Advisory Misconduct  [PDF]  (under review)

• Understanding the Effects of Alternative Cost-of-Equity Proxies on Corporate Investment and Financing   [PDF]  (under review)

            with Soku Byoun
​

• Are Mutual Fund Manager Skills Transferable to Private Funds?   [PDF]  (under review)          
      with Ying Sophie Huang and Bing Liang​

 

• Acquisition for Innovations? R&D Outsourcing through M&A Activities   [PDF] (under review) 

             with Shuxun Wang and Seiwai Lai

• Intangible Intensity and Stock Price Crash Risk  [PDF]  (under review) 
     with Seiwai Lai

 

• The Effect of Oil Supply Shocks on Industry Returns  [PDF]  (under review) 

           with Dayong Huang

• Innovation Overload?  [PDF]  (under review) 

           with Byoung-Hyoun Hwang and Hugh Hoikwang Kim​
 ​

• Economic Policy Uncertainty and Global ETF Flows   [PDF]  (under review) 
     with Yuying Sun, Seiwai Lai and Yindi Shen

 

• Solar Photovoltaic Interventions Have Reduced Rural Poverty in China  [PDF] (under review)
    with Huiming Zhang, Yueming Qiu, Gabriel Chan, Shouyang Wang, Dequn Zhou and Xianqiang Ren

 

• Political Connections and Corporate Targeted Poverty Alleviation: Evidence from China  [PDF] (under review) 
    with Huiming Zhang, Jiying Huang, Jianping Li and Yueming Qiu

 

• Managerial Sentiment, Deal Characteristics, and Takeover Performance [PDF] (under review)
    with Suwei An and Xiaofen Tan​
  
  
• Cost of Capital and Human Capital Investment  [PDF] 
    with Soku Byoun

 

• How Should Mutual Funds Manage Liquidity During Distress? [PDF]

          with Scott Yonker and David Ng
​

• CEO Social Status and Firm Acquisitions [PDF]

 

• 并购行为特征、商誉减值与股价崩盘风险  (审稿中) ​

           与徐茂宾、金泽俊合作
​

• 信息不对称、对外担保与股价崩盘风险
     与金泽俊、徐茂宾合作
  
  
• 利率市场化、所有制性质与企业创新  (审稿中) 
     与金泽俊合作

Works in Progress

• Dual-holders and Deal Characteristics
• Independent RIAs​​
• Patent Model City Policy
• Secondary Loan Market​