Welcome! I am a tenure-track assistant professor of finance at the University of Delaware.
I obtained a Ph.D. in finance from Boston College, an MSc in finance from Bocconi University, and an undergraduate degree from Lanzhou University.
My research focuses on the political economy of finance, banking, and the housing market.
Email: songz@udel.edu
University of Delaware Finance Seminars
Publications
Do CEOs Affect Employee Political Choices? (with Ilona Babenko and Viktar Fedaseyeu) Review of Financial Studies, 33(4), 1781-1817, 2020.
Media coverage: Harvard Business Review, Harvard Law School Forum On Corporate Governance and Financial Regulation, 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, 9(3), 472-500, 2020.
Executives in Politics (with Ilona Babenko and Viktar Fedaseyeu), Management Science, Forthcoming.
Working Papers
Housing Speculation, GSEs, and Credit Market Spillovers (with Natee Amornsiripanitch, Philip E. Strahan, and Xiang Zheng)
MFA 2024, EasternFA 2024, Wharton Financial Regulation Conference, American Bankers Association, FIRS 2024, AREUEA 2024, The Mortgage Market Research Conference at FRBP
Politicization of the Supreme Court and Firm Value: Evidence from Ruth Bader Ginsburg's Death (with Tor-Erik Bakke, Hamed Mahmudi, and Aazam Virani)
FRA 2022 early idea, AFA 2024
Climate Change, the Partisan Divide, and Exposure to Climate Risk
SWFA 2022, NFA 2022, FMA 2022, MFA 2023
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
Dauphine Finance Ph.D. Workshop 2021
Teaching
Fall 2022: FINC312 Intermediate Financial Management, University of Delaware
Fall 2023: FINC312 Intermediate Financial Management, University of Delaware