Research

Working Papers

1) The Effect of Carbon Pricing on Firm Performance: Worldwide Evidence (with Frank Weikai Li and Hong Zhang) 

• Conferences: ABFER 2024, CICF (Scheduled)

• Seminars: HKIMR; University of Manchester; Lancaster University; SAIF; Zhejiang University

2) Consumers' Reaction to Corporate ESG Performance: Evidence from Store Visits  (with Frank Weikai Li and Roni Michaely)

• Conferences: European Winter Finance Conference (EWFC) 2024, Finance Down Under Conference 2024 (Scheduled), NTHU Symposium on Sustainable Finance, FMA European Conference 2023, FMA Annual Conference 2023

• Seminars: Singapore Management University, Southwestern University of Finance and Economics, Lingnan University, University of Manitoba

• 2023 FMA European Conference Best Paper Award in Corporate Finance & Financial Institutions 

3) Major Customers and Carbon Footprints along the Supply Chain (with Saiying Deng, Frank Weikai Li & Xiaoling Pu )

• Conferences: FMA European Conference 2023, 7th Shanghai-Edinburgh-London Green Finance Conference

• Seminars: UNC Greensboro

Selected Publications (FT 50)

1) Is Carbon Risk Priced in the Cross-Section of Corporate Bond Returns? (with Frank Weikai Li & Quan Wen)

     2021 GRASFI Best Asset Pricing Paper Prize 

     Journal of Financial and Quantitative Analysis, Accepted.

2) The Effects of a U.S. Approach to Enforcement: Evidence from China (with Kai Li, Rafael Rogo & Ray Zhang).

     Journal of Financial and Quantitative Analysis, 2024, 59(1): 121-156.

3) Do Board Secretaries Influence Management Earnings Forecasts? (with Lu Xing & Wenxuan Hou). 

Journal of Business Ethics, 2019, 54(2): 537-574.

Other Publications

4) Board Gender Diversity Reform and Corporate Carbon Emissions (with Raul Barroso, Siyue (Sarina) Guo & Oskar Kowalewski)

 Journal of Corporate Finance, 2024, 87: 102616.

5) Climate Change Concerns and Mortgage Lending (with Frank Weikai Li)

Journal of Empirical Finance, 2024, 75: 101445.

6) Lawyers in the Boardroom and Firms’ Environmental Performance (with Xianda Liu, Jiafu An, Wenxuan Hou & Ruoran Zhao) 

Journal of International Financial Markets, Institutions & Money, 2023, 89: 101874.

7) Do women drive corporate social responsibility? Evidence from gender diversity reforms around the world (with Rong Ding, Wenxuan Hou, 

Xianda Liu & Ziwei Xu)

International Review of Law and Economics, 2022, 72: 106097.

8) Cyber-attack Risks and Initial Coin Offerings: Evidence from the World (with Jiafu An, Wenxuan Hou & Xianda Liu)

Finance Research Letters, 2021, 41: 101858.

9) The International Experience of CEOs and IPO Location Choices (with Wenxuan Hou & William Rees)

Economic Modelling, 2020, 87:461-470.

10) The Legacy of Wars around the World: Evidence from Military Director (with Jiafu An, Wenxuan Hou & Xianda Liu)

Journal of International Financial Markets, Institutions & Money, 2020, 64: 101172.

11) Initial Coin Offerings and Entrepreneurial Finance: The Role of Founders’ Characteristics Authors (with Jiafu An, Wenxuan Hou & Xinyu Xu) 

Journal of Alternative Investment, 2019, 21(4): 26-40.

12) Athletes in Boardrooms: Evidence from the World (with Yizhe Dong, Wenxuan Hou & Lucy Liu) 

Journal of International Financial Markets, Institutions & Money, 2018, 59: 165-183.

13) CEO Publicity and Corporate Tax Avoidance: Evidence from S&P 500 Firms (with Rong Ding, Wenxuan Hou & John Zhang) 

Journal of Business Research, 2018, 87: 90-101.