Published Papers
Trust in financial markets: Evidence from reactions to earnings news (with Lei Zhang)
Forthcoming at Management Science 2023
Peer effects in equity research (with Kenny Phua & Mandy Tham)
Journal of Financial & Quantitative Analysis 58-2, 647-667, 2023
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
Trust and Local Bias (with Lei Zhang)
Journal of Financial & Quantitative Analysis 55, 2211-2245, 2020
Are overconfident CEOs better leaders? Evidence from stakeholder commitments (with Kenny Phua & Mandy Tham)
Journal of Financial Economics 127, 519-545, 2018
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
House Prices and Fundamental Values (with John Krainer)
Federal Reserve Bank of San Francisco Economic Letter 2004-27
Working Papers
Reject & resubmit Review of Finance
Presented at Singapore Scholars Symposium, FMA, Nanyang Technological University
Media mentions: Twitter mentions, Bloomberg coverage
Reject & resubmit Review of Financial Studies
Presented at EFA, Research Conference (CAF-Hyderabad, India), Nanyang Technological University
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
Presented at 12th Annual Hedge Fund and Private Equity Research Conference, Singapore Symposium, CICF, 6th Winter MFS conference, LBS, NUS, SMU-Singapore
Older Papers
Presented at EFA, SMU Finance Summer Camp, Nanyang Technological University, University of Queensland, PBC School of Finance (Tsinghua)
Media mentions: Wall Street Journal 2016
Presented at Nanyang Technological University, CICF-Xiamen, FMA