Financial Intermediation; Corporate Finance; Investment Banking; Sustainable Finance
ESG Lending
with Sehoon Kim, Jongsub Lee and Junho Oh
Journal of Financial Economics, forthcoming
Customers as Friendly Shareholders: Uncovering the Complex Mutual Fund-Broker Relationship
with Yuehua Tang and Kelsey Wei
Management Science 2024, vol. 70, 2568-2589
The Decline of Secured Debt
with Efraim Benmelech and Raghuram Rajan
Journal of Finance 2024, vol. 79, 35-93
- WFA Charles River Associate Award for Best Paper on Corporate Finance
Inter-Firm Relationships and the Special Role of Common Banks
with Emanuela Giacomini and Andy Naranjo
Journal of Financial Intermediation 2024, vol. 58
The Secured Credit Premium and the Issuance of Secured Debt
with Efraim Benmelech and Raghuram Rajan
Journal of Financial Economics 2022, vol. 146, 143-171
Prime (Information) Brokerage
with Kevin Mullally, Sugata Ray and Yuehua Tang
Journal of Financial Economics 2020, vol. 137, 371-391
- First Prize, Chicago Quantitative Alliance (CQA) Academic Competition
- Yihong Xia Best Paper Award, China International Conference in Finance
Political Interference and Crowding Out in Bank Lending
Journal of Financial Intermediation 2020, vol. 43
Sustainable Private Capital Markets
with Sehoon Kim, Jongsub Lee and Junho Oh
Book chapter in Climate Change and Climate Finance: Current Experience and Future Directions, edited by Fariborz Moshirian and Cyn-Young Park, Asian Development Bank (September 2023), 165-179
Low Interest Rates, Technology, and the Desertification of Banking
with Christopher James
Debt and Assets
with Efraim Benmelech and Raghuram Rajan
How did the Big Banks Grow Bigger?
with Indraneel Chakraborty and Mark Flannery
- China International Conference in Finance
Charles River Associates Award for Best Paper on Corporate Finance, Western Finance Association (WFA) 2020 Meeting
Yihong Xia Best Paper Award, China International Conference in Finance 2018
First Prize, Chicago Quantitative Alliance (CQA) Academic Competition 2017
Eugene F. Fama PhD Fellowship, Chicago Booth, 2014-2015
Katherine Dusak Miller PhD Fellowship in Finance, Chicago Booth, 2013-2014
CRSP Summer Paper Award, Chicago Booth, 2011
Chicago Booth PhD Fellowship, 2010-2015
L.H. Penny Scholarship in Accounting, UCLA Anderson, 2009
Dean’s List and Faculty Scholar, UCLA Anderson, 2008
UCLA Anderson Fellowship Award, 2007-2009
National Talent Search Examination (NTSE) Scholarship, India, 2000-2004
"For Corporations, Secured Debt Is Out” Kellogg Insight, August 23, 2024.
"Business school sustainability research: What is read most?” Financial Times, July 5, 2023.
“Sourcing sustainability: the maturation of ESG lending,” Financier Worldwide Magazine Cover Story, December 2022 issue.
“Sustainability-linked loans: A strong ESG commitment or a vehicle for greenwashing?” Principles of Responsible Investment (PRI) Academic Blog, July 20, 2022.
“Secured Credit Spreads,” Harvard Law School bankruptcy Roundtable, July 28, 2020.
“New study highlights the real cost of political interference in banking,” Warrington College of Business Newsroom, February 11, 2020.
“The Decline in Secured Debt,” Warrington College of Business Newsroom, January 30, 2020.
“The Decline in Secured Debt,” Harvard Law School Forum on Corporate Governance, January 27, 2020.
“Secrets don’t make friends: New research shows hedge funds gain information advantage from unique relationships with investment banks,” Warrington College of Business Newsroom, September 24, 2019.
“Prime Brokers And Hedge Funds Prefer A Friends-With-Informational-Advantage Relationship,” Dealbreaker, July 6, 2017.
“Who benefits and who suffers from politically based lending?” Chicago Booth Review, February 27, 2015.