Welcome! I am a tenure-track assistant professor of finance at the University of Delaware (since 2022).
I obtained my Ph.D. in Finance from Boston College in 2022, where I was advised by Phil Strahan. I also hold an M.Sc. in Finance from Bocconi University and a bachelor's degree in Accounting from Lanzhou University.
My current research focuses on the housing market, banking, and the political economy of finance.
Email: songz@udel.edu
Publications
Do CEOs Affect Employee Political Choices? (with Ilona Babenko and Viktar Fedaseyeu) Review of Financial Studies, 2020.
Media: Harvard Business Review, New York Times, and Washington Post
Banks as Lenders of First Resort: Evidence from the COVID-19 Crisis (with Lei Li and Philip E. Strahan) Review of Corporate Finance Studies, 2020.
Executives in Politics (with Ilona Babenko and Viktar Fedaseyeu), Management Science, 2023.
GSE Restrictions, Credit Supply, and Rental Market Spillovers (with Natee Amornsiripanitch, Philip E. Strahan, and Xiang Zheng) Accepted at Management Science
Working Papers
Homes for Homeowners, Not Corporations (with Natee Amornsiripanitch, Francesco Mazzola, and John Orellana)
The Political View of Economic Data (with Jack Bao and Nancy Xu)
Aging and Housing Returns (with Natee Amornsiripanitch and Philip E. Strahan) R&R JFE
Media: MarketWatch, CNBC, New York Times, Homes.com
When Science and Technology Collide with Politics: Patent Examiner Political Ideology and Green Innovation (with Tao Shu, Fei Xie, and Wenrui Zhang)
2026 HKU ESGRI Best Working Paper Award
Ideological Shifts in the Supreme Court and Firm Value: Evidence from Ruth Bader Ginsburg’s Death (with Tor-Erik Bakke, Hamed Mahmudi, and Aazam Virani) R&R Review of Finance
Climate Change, the Partisan Divide, and Exposure to Climate Risk
Runner-up prize in the 2nd Annual FIASI-Gabelli School Student Research Competition on ESG (2022)
Best PhD Paper in Financial Institution SWFA 2022
Downsides of Corporate Political Connections: Evidence from Mass Shootings
Teaching
FINC312 Intermediate Financial Management, University of Delaware (Eval: 4.54/5.00)