• Publications
  • Influence
Reputation Concerns of Independent Directors: Evidence from Individual Director Voting
Using a unique dataset of board proposal voting by individual independent directors of public companies in China from 2004 to 2009, we analyze the effects of career concerns and current reputationExpand
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How Does Hedge Fund Activism Reshape Corporate Innovation?
This paper studies how hedge fund activism reshapes corporate innovation. Firms targeted by hedge fund activists experience an improvement in innovation efficiency during the five-year periodExpand
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The Real Effects of Hedge Fund Activism: Productivity, Risk, and Product Market Competition
This paper studies the long-term effect of hedge fund activism on the productivity of target firms using plant-level information from the U.S. Census Bureau. A typical target firm improves itsExpand
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Hedge Fund Activism
This paper examines the causes and consequences of hedge fund activism. Hedge funds target profitable and healthy firms, with above-average cash holdings. The target firms earn significantly higherExpand
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Do Financial Experts on the Board Matter? An Empirical Test From the United Kingdom’s Non-Life Insurance Industry
We examine the relation between board-level financial expertise and six measures of performance using panel data drawn from the United Kingdom’s non-life insurance industry. We find thatExpand
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When Shareholders are Creditors: Effects of the Simultaneous Holding of Equity and Debt by Institutional Investors
This paper provides a comprehensive analysis of a new and increasingly important phenomenon: the simultaneous holding of both equity and debt claims of the same company by non-bank institutionalExpand
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Managerial risk incentives and accounting conservatism
We provide empirical evidence of the effect of managerial risk incentives on financial reporting conservatism. We hypothesize that firms use greater accounting conservatism as a means of addressingExpand
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To FinTech and Beyond
FinTech is about the introduction of new technologies into the financial sector, and it is now revolutionizing the financial industry. In 2017, when the academic finance community was not activelyExpand
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PERFORMANCE EVALUATION OF UWB ON-BODY COMMUNICATION UNDER WIMAX OFF-BODY EMI EXISTENCE
A study of UWB on-body communication system performance, with the WiMax ofi-body electromagnetic interference (EMI) existence, is presented. Firstly, a compact UWB antenna with good on-bodyExpand
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MACHINE LEARNING AND OPTIMIZATION FOR HEALTHCARE AND ENERGY SYSTEMS
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