Research Output

Sha, Yezhou, and Xi Wu. "Downward Pressure, Investment Style and Performance Persistence of Institutional Investors." International Review of Economics & Finance (2024): 103466. Article link.

Su, Shunyu, and Yezhou Sha. "Good (Bad) News and the Probability of Informed Trading: Evidence from Illegal Insider Trading." Emerging Markets Finance and Trade 60.5 (2024): 1077-1086. Article link. 

Sha, Yezhou, Ziwen Bu, and Zilong Wang. "What drives the distress risk–return puzzle? A perspective on limits of arbitrage." International Journal of Finance & Economics 28.4 (2023): 3574-3592. Article link. 

Sha, Yezhou, Zixuan Zhang, and Lanlan Liu. "Is illegal insider trading a sure thing? Some new evidence." Emerging Markets Finance and Trade 56.12 (2020): 2929-2944. Article link. 

Sha, Yezhou. "The devil in the style: Mutual fund style drift, performance and common risk factors." Economic Modelling 86 (2020): 264-273. Article link. 

Featured in China's leading IB research report. Article link. 

Sha, Yezhou, and Ran Gao. "Which is the best: A comparison of asset pricing factor models in Chinese mutual fund industry." Economic Modelling 83 (2019): 8-16. Article link. 

Sha, Yezhou, Zilong Wang, and Zhichao Yin. "House purchase restriction and stock market participation: Unveiling the role of nonpecuniary consideration." Journal of Economic Behavior & Organization 224 (2024): 390-406. Article link.

Qiu, Hua, Yezhou Sha, and Yixing Zhang. "Energy affordability and subjective well-being in China: Causal inference, heterogeneity, and the mediating role of disaster risk." Energy Economics 129 (2024): 107180. Article link.

Sha, Yezhou, Yong Zhang, and Xiaomeng Lu. "Household investment diversification amid Covid-19 pandemic: Evidence from Chinese investors." Finance Research Letters 47 (2022): 102820. Article link. 

Sha, Yezhou, Chenlei Kang, and Zilong Wang. "Economic policy uncertainty and mergers and acquisitions: Evidence from China." Economic Modelling 89 (2020): 590-600. Article link. 

Sha, Yezhou. "Rating manipulation and creditworthiness for platform economy: Evidence from peer-to-peer lending." International Review of Financial Analysis 84 (2022): 102393.  Article link. 

Sha, Yezhou, et al. "Political freedom and earnings management." Journal of International Financial Markets, Institutions and Money 75 (2021): 101443. Article link. 

Sha, Yezhou, and Weijia Song. "Can Bitcoin hedge Belt and Road equity markets?." Finance Research Letters 42 (2021): 102129. Article link. 

Xie, Haixia, Yezhou Sha, and Lingyi Li. "Synthesization of macroeconomic policies and stock return synchronicity: Evidence from countries along the Belt and Road Initiative." Pacific-Basin Finance Journal 85 (2024): 102398. Article link. 

Sha, Yezhou, et al. "Capital market opening and green innovation——Evidence from Shanghai-Hong Kong stock connect and the Shenzhen-Hong Kong stock connect." Energy Economics 111 (2022): 106048. Article link.