Chishen Wei - Research

Published Papers

Trust in financial markets: Evidence from reactions to earnings news (with Lei Zhang)

Forthcoming at Management Science 2023

SSRN version

Peer effects in equity research (with Kenny Phua & Mandy Tham)

Journal of Financial & Quantitative Analysis 58-2, 647-667, 2023

Final version SSRN version

Winner of 2016 CFA best paper award Asian FA (Bangkok, Thailand)

Corporate actions and the exploitation of retail investors in China: An analysis of stock splits (with Sheridan Titman & Bin Zhao)

Journal of Financial Economics 145, 762-787, 2022

Final version SSRN version

NBER Working paper W29212

Trust and Local Bias (with Lei Zhang)

Journal of Financial & Quantitative Analysis 55, 2211-2245, 2020

Final version SSRN version

Are overconfident CEOs better leaders? Evidence from stakeholder commitments (with Kenny Phua & Mandy Tham)

Journal of Financial Economics 127, 519-545, 2018

Final version SSRN version

Winner of 23rd SFM conference best paper award (first prize)

Winner of 2015 CAFM conference outstanding paper award

Media mentions and features:

Harvard Business Review Online, June 18, 2018.

Wall Street Journal November 2, 2018

Forbes Online October 1, 2018

Business Insider, December 21, 2018

Ladders, June 20, 2018

Can being overconfident make you a better leader? (with Kenny Phua & Mandy Tham)

Harvard Business Review Online, June 18, 2018

Choosing the precision of performance metrics (with Alan D. Crane & Andrew W. Koch)

Journal of Financial & Quantitative Analysis 53, 1911-1935, 2018

Final version SSRN version

House Prices and Fundamental Values (with John Krainer)

Federal Reserve Bank of San Francisco Economic Letter 2004-27

Working Papers

Sociability, golf courses, and the performance of institutional investors (with Lei Zhang)

Reject & resubmit Review of Finance

Presented at Singapore Scholars Symposium, FMA, Nanyang Technological University

Media mentions: Twitter mentions, Bloomberg coverage

Powerful blockholders and CEO turnover (with Lei Zhang)

Reject & resubmit Review of Financial Studies

Presented at EFA, Research Conference (CAF-Hyderabad, India), Nanyang Technological University

The Geography of Initial Public Offerings (with Shahram Amini, Andrew MacKinlay, & Johan Sulaeman)

Presented at the Eastern Finance Association, EFMA, 11th Annual Hedge Fund and Private Equity Research Conference, HKUST, NUS, SMU-Singapore, University of Denver Summer Conference, Virginia Tech

The Economics of financial scams: Evidence from initial coin offerings (with Kenny Phua, Bo Sang, & Gloria Yu)

Presented AFA, ABFER, FMCG, Global AI Finance Research Conference, Hong Kong Polytechnic University, Massey University, Monash University, Nanyang Technological University, SMU-Singapore, University of Adelaide, University of Melbourne, University of Queensland, University of Sydney, University of Technology Sydney, UWA Blockchain and Cryptocurrency Conference, and Vietnam Symposium in Banking and Finance.

Does the speculative frenzy in bitcoin spread to the stock market? (with Qingjie Du, Yang Wang, K.C. John Wei, & Haifeng You)

Presented at the CICF, HK-Poly U, FMA, FMA-Asia, Frontiers in Finance Conference, National Taiwan University, SFM Conference (Kaohsiung, Taiwan), SMU-Singapore, SMU Finance Summer Camp, University of Sydney, Wuhan University

How well do traders condition on the uniqueness of their signal? (with Nicholas Hirschey)

Presented at 12th Annual Hedge Fund and Private Equity Research Conference, Singapore Symposium, CICF, 6th Winter MFS conference, LBS, NUS, SMU-Singapore

Older Papers

The Informational role of overconfident CEOs (with Lei Zhang)

Presented at EFA, SMU Finance Summer Camp, Nanyang Technological University, University of Queensland, PBC School of Finance (Tsinghua)

Media mentions: Wall Street Journal 2016

Shareholder monitoring and securities class action lawsuits (with Lei Zhang)

Presented at Nanyang Technological University, CICF-Xiamen, FMA