1. “The Reputational Costs of High Carbon Emissions? Evidence from Social Media Sentiment,” with Satish Sahoo, Zheng Wang, and Gaole Zhang, Working Paper (August 2025).
2. "From Listings to Delistings: How Do Customer Information Shocks Affect Analysts' Forecasts for Suppliers?" with Ilona Bastiaansen and Stephannie Larocque, Working Paper (September 2025).
3. “Wisdom of Crowds along the Supply Chain: Causal Evidence from Trade Credit,” with Jeong-Bon Kim, Albert Mensah, and Wei Tang, Working Paper (April 2024).
4. “Lost in Aggregation: Measuring Sentiment at Document and Topic Levels,” with Richard M. Crowley, Working Paper (August 2023).
5. "Internal Frictions and the Role of Managerial Reporting Quality in Investment Efficiency,” with Philip Berger, Feng Li, and Lisa Yao Liu, Working Paper (August 2025).
6. “Analyst Consensus Recommendation and Investor Trading: A Regression Discontinuity Design Analysis,” With Stacey Choy and Albert Mensah, Work in Progress.
1. “Do buy-side analysts in earnings conference calls manipulate stock prices?” with Gang Hu, Michael Jung, Bonnie Yu, and Frank Zhang, Journal of Corporate Finance 89 (December 2024).
Featured in Harvard Law School Forum on Corporate Governance (September 26, 2024).
2. “Language and Management Forecasts around the World,” with Yuyan Guan, Zheng Wang, and Xiangang Xin, Contemporary Accounting Research 39 (Spring 2022): 50-86.
3. “Regulations and Brain Drain: Evidence from the Career Choices of Wall Street Star Analysts,” with Yuyan Guan, Congcong Li, and Hai Lu, Management Science 65(12) (December 2019): 5449-5956.
Featured in CATO Institute Research Briefs in Economic Policy No. 204 (March 4, 2020).
4. “The Effect of Financial Reporting Quality on Corporate Investment Efficiency: Evidence from the Adoption of SFAS No. 123R” with Baohua Xin and Yiwei Dou, Management Science 65(5) (May 2019): 2249-2266.
5. “Buy-Side Analysts and Earnings Conference Calls,” with Michael Jung and Frank Zhang, Journal of Accounting Research (June 2018): 913-952.
Featured in The Columbia Law School Blue Sky Blog (August 29, 2018).
6. “Analyst Interest as an Early Indicator of Firm Fundamental Changes and Stock Returns,” with Michael Jung and Frank Zhang, Accounting Review 90 (May 2015): 1049-1078.
7. “Analyst Following along the Supply Chain,” with Yuyan Guan and Yue Zhang, Review of Accounting Studies 20 (March 2015): 210-241.
8. “CEO Optimism and Analyst Forecast Bias,” with Frank Zhang, Journal of Accounting, Auditing and Finance 29 (July 2014): 366-391.
9. “Financial Reporting Policy Committee of the American Accounting Association’s Financial Accounting and Reporting Section: Accounting Standard Setting for Private Companies,” with D. Bens, M. Bradshaw, C. Frost, E. Gordon, S. McVay, G. Miller, R. Pfeiffer, M. Plumlee, C. Shakespeare, and W. Thomas, Accounting Horizon 28(1) (March 2014): 175-192.
10. “Conflict-of-Interest Reforms and Investment Bank Analysts’ Research Biases,” with Yuyan Guan and Hai Lu, Journal of Accounting, Auditing and Finance 27 (October 2012): 443-470.
11. “Accounting Adjustments and the Valuation of Financial Statement Note Information in 10-K Filings,” with Gus De Franco and Yibin Zhou, Accounting Review (September 2011): 1577-1604.
12. “The Impact of Excluding Nonfinancial Risk Exposure on the Usefulness of Foreign Exchange Sensitivity-Analysis Disclosures,” with Visarut Sribunnak, Journal of Accounting, Auditing and Finance 21 (Winter 2006): 1-25.
13. “Employee Stock Options, Equity Valuation, and the Valuation of Option Grants Using a Warrant-Pricing Model,” with Feng Li, Journal of Accounting Research 43 (March 2005): 97-131.
14. “Employee Stock Options, EPS Dilution and Stock Repurchases,” with Daniel Bens, Venky Nagar, and Douglas Skinner, Journal of Accounting and Economics 36 (December 2003): 51-90.
Featured in Chicago Booth Review (September 1, 2003).
15. “Earnings Management Using the Valuation Allowance for Deferred Tax Assets Under SFAS 109,” with Catherine Schrand, Contemporary Accounting Research 20 (Fall 2003): 579-611.
16. “Anomalous Stock Returns Around Internet Firms’ Earnings Announcements,” with Brett Trueman and Xiao-Jun Zhang, Journal of Accounting and Economics 34 (January 2003): 249-271.
17. “Estimating Exchange Rate Exposures: Issues in Model Structure,” with Gordon Bodnar, Financial Management 32 (Spring 2003): 35-65.
18. “Real Investment Implications of Employee Stock Option Exercises,” with Daniel Bens and Venky Nagar, Journal of Accounting Research 40 (May 2002): 359-393.
19. “Back to Basics: Forecasting the Revenues of Internet Firms,” with Brett Trueman and Xiao-Jun Zhang, Review of Accounting Studies 6 (June/September 2001): 305-329.
20. “The Eyeballs Have It: Searching for the Value in Internet Stocks,” with Brett Trueman and Xiao-Jun Zhang, Journal of Accounting Research 38 (Supplement 2000): 137-162.
21. “The Association between SFAS No. 119 Derivatives Disclosures and the Foreign Exchange Risk Exposure of Manufacturing Firms,” Journal of Accounting Research 38 (Autumn 2000): 387-417.