Dallas 24/FT 50 Publications
[1] "The Color of Hedge Fund Activism," with Bo Huang and Chengsi Zhang (Download), Forthcoming, Management Science
[2] "Bank Geographic Diversification and Systemic Risk: A Gravity-Deregulation Approach," with Saiying Deng and Cong Xia (Download), Review of Financial Studies, 33(10), 2020
[3] "Gender Diversity: From Wall Street to Main Street," with Daxuan Zhao (Download) Forthcoming, Journal of Business Ethics
[4] "Debt Renegotiation and Debt Overhang: Evidence from Lender Mergers" (Download) , Journal of Financial and Quantitative Analysis, 156(3), 2021
[5] "Collateral, Ease of Repossession, and Leases: Evidence from Anti-Recharacterization Laws" (Download), Management Science, 66(7), 2020
[6] "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
[7] "Shareholder-Creditor Conflict and Payout Policy: Evidence from Mergers between Lenders and Shareholders", Review of Financial Studies, 31(8), 2018 (Download).
[8] "Corporate Innovation along the Supply Chain," with Xuan Tian and Wenyu Wang (Download), Management Science, 65(6), 2019 (Featured article of the issue)
[9] "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)
[10] "Optimal Capital Structure, Bargaining, and the Supplier Market Structure," Journal of Financial Economics, 106(2), 2012
Other Peer-Reviewed Publications
[11] "Debt-Equity Simultaneous Holdings and Distress Resolution," with Ha Diep Nguyen, Jun Wang, Wei Wang, and Wenyu Wang (Download) Forthcoming, Review of Corporate Finance Studies
[12] "Does Good News Cover Bad News?" with Qingbing Men, Junhua Yang, and Daxuan Zhao (Download) Forthcoming, Journal of Business Finance and Accounting
[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] "Inside Job: Evidence from the Chinese Housing Market," with Weida Kuang, Daxuan Zhao, and Xiaoxia Zhou (Download). Forthcoming, Journal of Policy Analysis and Management, 43(1), 2024
[15] "Political Influence and Banks: Evidence from Mortgage Lending", with Tim Zhang (Download), Journal of Financial Intermediation, 52, 2022
[16] Access to Public Capital Markets and Bank Lending," with Daxuan Zhao (Download), Real Estate Economics, 52(1), 2024
[17] "Banking Relationship, Information Reusability, and Acquisition Loans," with Zeguang Li (Download), Journal of Banking and Finance, 138, 2022.
[18] "Option Compensation, Risky Mortgage Lending, and the Financial Crisis," with Xinming Li, Tao Ma, and Daxuan Zhao (Download), Journal of Corporate Finance, 70, 2021.
[19] "Asset Fire Sales by Banks: Evidence from Commercial REO Sales." Review of Corporate Finance Studies, 5(1), 2016 (Download)
[20] "Credit Constraints, Inelastic Supply, and the Housing Boom," Review of Economic Dynamics, 14 (1), 2014
[21] "Venture Capital and Corporate Social Responsibility", with Cheng Cheng, Zijie Deng, and Bo Huang (Download), forthcoming, Journal of Corporate Finance.
[22] "The JOBS Act and Mergers and Acquisitions", with Ming Liu and Shu Zhang (Download), Journal of Corporate Finance, 72, 2022.
[23] "The Dark Side of Shareholder Litigation: Evidence from Corporate Takeovers", with Yijia Zhao (Download), Financial Management, 50, 2021
[24] "Debt Incentives and Bank Risk Taking", with Mingming Qiu (Download), Real Estate Economics, 49(3), 2021.
[25] "The Economic Consequences of FAS 123R: Evidence from Private Loan Contracts", with Xinming Li, Ming Liu, and Tao Ma (Download), Journal of Corporate Finance, 64, 2020.
[26] "Banking Deregulation and Credit Supply: Distinguishing the Balance Sheet and the Competition Channels" (Download), Journal of Financial Intermediation, 35, 2018.
[27] "Shareholder Litigation, Shareholder-Creditor Conflict, and the Cost of Bank Loans," (Download), Journal of Corporate Finance, 45, 2017.
[28] "Capital Structure along the Supply Chain: How Does Customer Leverage Affect Firm Leverage?" with Liying Wang (Download), Quarterly Journal of Finance, 7(4), 2017.
[29] "A Direct Test of the Free Cash Flow Hypothesis: Evidence from Real Estate Transactions." with Peng Liu, Journal of Real Estate Finance and Economics, 52(4), 2016.
[30] "Percentage Rents and Stand-Alone Property: Share Contracting as a Barrier to Entry," with Tim Riddiough, Journal of Real Estate Research, 36 (1), 2014 (Lead Article) .
[31] "An Intertemporal Capital Asset Pricing Model with Owner-Occupied Housing," Real Estate Economics, 38(3), 2010.
[32] "Optimal Timing of Real Estate Development under Asymmetric Duopoly," with Sing Tien Foo, Journal of Real Estate Finance and Economics 34(3), 2007.
[33] "Inflation Hedging Characteristics of Chinese Real Estate Market", with Sing Tien Foo Journal of Real Estate Portfolio Management 10(2), 2004.
[34] "Intensity and Timing Options in Real Estate Development", with Sing Tien Foo Forthcoming International Real Estate Review