Research

We live in a world full of mysteries. I'm personally interested in digging into cool economic stuff and exploring interesting phenomena. I love discussing economic phenomena with friends who are also into that economic geekery. Give me a shout if you're into the same kind of economic stuff, and maybe we can have a blast on our research adventure together. 

 Publications

Do insider profit from public environmental information? Evidence from insider trading (with El Ghoul, S., Guedhami, O., and Kim, Y.), Global Finance Journal, 2024. (Link)

Institutional investors and corporate environmental costs: The roles of investment horizon and investor origin (with Drobetz, W., El Ghoul, S., and Guedhami, O.), European Financial Management, 2023. (Link)

• Best Paper Award, SFIC conference 2022.

Firm inflexibility and the implied cost of equity (with El Ghoul, S., Guedhami, O., and Saadi, S.), Finance Research Letters (2023). (Link)

Zombie firms: Prevalence, determinants, and corporate policies (with El Ghoul, S., and Guedhami, O.), Finance Research Letters (2021). (Link)

Other Professional Publications

Determinants of zombie banks in emerging markets and developing economies, (with Wezel, T., and Sheldon, H.), IMF Working Paper Series No.2024/036 (2024). (Link) (Media coverage)

 Working Papers

Blessing or curse? The impact of political connection on facility-level environmental regulatory enforcement (Job Market Paper).

Human capital-driven corporate social responsibility: Evidence from the Confucian Academies (with Yu, Z. and Zhang, X.). (Link)

Inflexibility and debt concentration (with El Ghoul, S., Guedhami, O., and Saadi, S.).