Education
- PhD, University of Alabama
- MA, University of Alabama
- MS, Auburn University
Professional Certifications
Chartered Financial Analyst
SAS Certificates in Programming and Data Mining
Areas of Instruction
Investments and Financial Derivatives, Corporate Finance, Corporate Control and Governance, International Finance, Financial Markets and Institutions
Research Interests
Corporate Finance and Investments: Initial Public Offerings, Mergers and Acquisitions, Executive Compensation, Innovations and Patents, Insider Trading, and Securities Class Action Litigations
Selected Publications
Law Firm Market Share and Securities Class Action Litigation Outcomes, (with Agnes Cheng, Qin Lian, and Zishang Liu), Quarterly Review of Economics and Finance, 2022, Vol. 84, p. 596-609
New Institutional Investors in the IPO secondary market: Sentiment or Fundamentals? (with Xudong Fu, Janet Hamilton, Qin Lian, and Tiang Tang), Journal of Financial Research, 2021, Vol. 4, p. 299-341
How Does the Primary Market Value Innovations of Newly Public Firms? (with Qin Lian), Journal of Accounting, Auditing and Finance, 2019, Vol. 34, p. 3-29 (lead article)
Effect of Real Earning Management: Evidence from Patents (with Qin Lian and Zhaohui Randall Xu), Advances in Quantitative Analysis of Finance and Accounting, 2016, Vol. 14, p. 111-139
CEO Stock Ownership Guidelines: Do They (not) Meet Expectations, (with Bradley Benson, and Qin Lian), 2016, Journal of Banking and Finance, 2016, Vol. 69, p.52-71
An Empirical Study of Executive Option Grants around Initial Public Offerings (with Xudong Fu, Qin Lian, and Tian Tang), Quarterly Review of Economics and Finance, 2015, Vol. 57, p.207-221
Evolution of Integer Price Clustering of IPOs in the Aftermarket, Nankai Business Review International, 2014, Vol. 5, p. 365-381. (Highly Commended paper in the 2015 Emerald Literati Network Awards for Excellence.)
Common Advisors in Mergers and Acquisitions: Determinants and Consequences (with Anup Agrawal, Tommy Cooper, and Qin Lian), Journal of Law and Economics, 2013, Vol. 56, p. 691-740. (Digest published in Finance and Accounting Memos (FAMe jagazine), 2015. Featured on Harvard Law School’s Corporate Governance Blog, 2011)
Professional Service
Ad Hoc Reviewer: Financial Review, Review of Quantitative Finance and Accounting, Advances in Accounting, International Review of Economics and Finance, Quarterly Review of Economics and Finance, Managerial and Decision Economics.
Honors, Awards and Distinctions
Atkinson School Faculty Member of the Year, Willamette University, 2017
Best Paper in Corporate Finance (Semifinalist), Financial Management Association, 2015
Highly Commended Paper of 2014, Nankai Business Review International, Emerald Group Publishing
Faculty Research Award, Louisiana Tech University, 2009, 2012, 2013
Summer Research Grant, Louisiana Tech University, 2008, 2009, 2013, 2014