Seleccted Publications

[1] "The Industry Expertise Channel of Mortgage Lending", with Zhanbing Xiao and Yucheng Zheng (Download). Forthcoming, Journal of Financial and Quantitative Analysis.

[2] "The Color of Hedge Fund Activism," with Bo Huang and Chengsi Zhang (Download), Forthcoming, Management Science (Audio)

[3] "Bank Geographic Diversification and Systemic Risk: A Gravity-Deregulation Approach," with Saiying Deng and Cong Xia (Download), Review of Financial Studies, 33(10), 2020 (Audio)

[4] "Gender Diversity: From Wall Street to Main Street," with Xinming Li and Daxuan Zhao (Download), Journal of Business Ethics, 188(1), 2023 (Audio)

[5] "Debt Renegotiation and Debt Overhang: Evidence from Lender Mergers" (Download) ,  Journal of Financial and Quantitative Analysis, 156(3), 2021

[6] "Collateral, Ease of Repossession, and Leases: Evidence from Anti-Recharacterization Laws" (Download), Management Science, 66(7), 2020

[7] "The Causal Effect of Limits to Arbitrage on Asset Pricing Anomalies", with David Hirshleifer and Liang Ma (Download) (NBER Working Paper Version), Journal of Finance, 75(6), 2020 (Audio)

[8] "Shareholder-Creditor Conflict and Payout Policy: Evidence from Mergers between Lenders and Shareholders",  Review of Financial Studies, 31(8), 2018  (Download)(Audio).

[9] "Corporate Innovation along the Supply Chain," with Xuan Tian and Wenyu Wang (Download), Management Science, 65(6), 2019 (Featured article of the issue) (Audio)

[10] "Bank Capital and Credit Supply: Evidence from Syndicated Loans." (with Donghang Zhang and Yijia Zhao),  Journal of Financial and Quantitative Analysis, 54(2), 2019  (Download)

[11] "Optimal Capital Structure, Bargaining, and the Supplier Market Structure,"  Journal of Financial Economics, 106(2), 2012 

[12] "Debt-Equity Simultaneous Holdings and Distress Resolution," with Ha Diep Nguyen, Jun Wang, Wei Wang, and Wenyu Wang (Download) Review of Corporate Finance Studies, 2024

[13] "Agree to Disagree: Within-Syndicate Conflict and Syndicated Loan Contracting," with Luca Lin and Zhanbing Xiao (Download), Journal of Financial Intermediation, 57, 2024.  

[14] "Political Influence and Banks: Evidence from Mortgage Lending", with Tim Zhang (Download), Journal of Financial Intermediation, 52, 2022

[15] "Asset Fire Sales by Banks: Evidence from Commercial REO Sales." Review of Corporate Finance Studies, 5(1), 2016 (Download)

[16] "Credit Constraints, Inelastic Supply, and the Housing Boom," Review of Economic Dynamics, 14 (1), 2014

[17] "Venture Capital and Corporate Social Responsibility", with Cheng Cheng, Zijie Deng, and Bo Huang (Download), forthcoming, Journal of Corporate Finance.

[18] "Banking Deregulation and Credit Supply: Distinguishing the Balance Sheet and the Competition Channels" (Download), Journal of Financial Intermediation, 35, 2018.