• Publications
  • Influence
Corporate Governance and Risk Taking
Better investor protection could lead corporations to undertake riskier but value-enhancing investments. For example, better investor protection mitigates the taking of private benefits leading toExpand
  • 760
  • 78
  • PDF
Corporate Governance in China
type="main"> Since the death of Mao Tse Tung in 1976, China has achieved unprecedented economic growth. Per capita GDP has increased from one of the lowest in the world to a level that is firmly inExpand
  • 38
  • 4
Corporate Governance and Corporate Risk Taking: Theory and Evidence
This paper examines the relationship between investor protection and corporate insiders' incentive to take value-enhancing risks. In a poor investor protection environment corporations are often runExpand
  • 19
  • 2
Mobile Wallet and Entrepreneurial Growth
With the rapid development of smartphone and financial technology, mobile payment has been growing fast in recent years. The total transaction value worldwide through mobile wallet payments hasExpand
  • 6
  • 2
  • PDF
The Information Content of Stock Markets: Why Do Emerging Markets Have So Little Firm-Specific Risk?
Stock prices in emerging economies move in step much more than in advanced economies. Emerging markets' prices capitalize less firm specific information, and appear subject to more economy-wideExpand
  • 13
  • 1
  • PDF
What determines bank-specific variations in bank stock returns? Global evidence
This paper examines how bank regulation and supervision measures affect the synchronicity of bank stock returns, a measure that is negatively related to variations in bank-specific fundamentals andExpand
  • 15
  • 1
\video Browsing Using Clustoring and Scene Transitions on Compressed Sequence," in Spie/is&t 6 Summary and Future Work Abe, \content Oriented Visual Interface Using Video Icons for Visual Database
Information technology { coding of moving pictures and associated audio for digital storage media at up to about 1.5 Mbits/s{part-I, II, III and IV. 1995. 23] K. B. at. el., \The iso/mpeg-audioExpand
  • 1
Speed and Tobin's Q
Slow execution of investment projects often means substantial revenue losses for companies. However, accelerating investments generally results in higher investment costs. Our paper integrates thisExpand
  • 10
  • PDF
Required Line of Business Reporting and Share Price Accuracy
The adjustment of prices after the arrival of new information is one of the most debated issues in finance. We use post-IPO market to examine this subject. The unique setting of immediate aftermarketExpand