Fenghua Song
Joseph F. Bradley Fellow of Finance
Associate Professor of Finance
Smeal College of Business
Pennsylvania State University
Fenghua Song
Joseph F. Bradley Fellow of Finance
Associate Professor of Finance
Smeal College of Business
Pennsylvania State University
Bailout Addiction (revise & resubmit)
Purpose, Profit and Social Pressure (w/ Anjan Thakor and Robert Quinn), Journal of Financial Intermediation (2023; lead article)
Market Freeze and Bank Capital Structure Heterogeneity (w/ Anjan Thakor), Management Science (2023)
Ethics, Capital and Talent Competition in Banking (w/ Anjan Thakor), Journal of Financial Intermediation (2022; lead article) (summary at See Far (p.20))
Bank Culture (w/ Anjan Thakor), Journal of Financial Intermediation (2019) (summaries at See Far / Oxford Business Law)
Correlated Leverage and Its Ramifications (w/ Anand Goel and Anjan Thakor), Journal of Financial Intermediation (2014)
Debt Maturity Structure and Credit Quality (w/ Radha Gopalan and Vijay Yerramilli), Journal of Financial and Quantitative Analysis (2014; lead article)
Duration of Executive Compensation (w/ Radha Gopalan, Todd Milbourn and Anjan Thakor), Journal of Finance (2014) (summaries at See Far / Harvard Law School forum)
Notes on Financial System Development and Political Intervention (w/ Anjan Thakor), World Bank Economic Review (2013) (summaries at World Bank Policy Research / Let's Talk Development: a blog hosted by the World Bank's Chief Economist / getAbstract)
Strategic Flexibility and the Optimality of Pay for Sector Performance (w/ Radha Gopalan and Todd Milbourn), 2010, Review of Financial Studies (2010) (summary at Harvard Law School forum)
Financial System Architecture and the Co-evolution of Banks and Capital Markets (w/ Anjan Thakor), The Economic Journal (2010) (summary at VoxEU)
Relationship Banking, Fragility, and the Asset-Liability Matching Problem (w/ Anjan Thakor), Review of Financial Studies (2007)
Information Control, Career Concerns, and Corporate Governance (w/ Anjan Thakor), Journal of Finance (2006)
The Effect of Taxes on the Pricing of Defaultable Debt (w/ Kian Guan Lim and Mitch Warachka), Journal of Risk (2003; lead article)