Working Papers

• “IPO Statistics for 2016 and Earlier Years”,  January 2018.
  • IPOs 2016 Underpricing
  • IPOs 2016 Tech Stock IPOs
  • IPOs 2016 Age
  • IPOs 2016 Price Revisions
  • IPOs 2016 Sales
  • IPOs 2016 Underwriting
  • IPOs 2016 Foreign
  • IPOs 2016 Long run Returns
  • IPOs 2016 VC-backed IPOs
  • IPOs 2016 Turnover
• “Multiple Bookrunners in IPOs”, with Wendy Y. Hu, December 2007.
• “Pre-IPO Analyst Coverage: Hype or Information Production”, with Chunxin Jia, Zhen Xie, and Donghang Zhang, March 2018.
• “Corporate Cash Shortfalls and Financing Decisions” with Rongbing Huang, August 2017.
  Internet Appendix
• “The Puzzle of Frequent and Large Issues of Debt and Equity” with Rongbing Huang, May 2017.
  Internet Appendix
• “The Speed of Adjustment to the Target Market Value Leverage is Slower Than You Think”, with Qie “Ellie” Yin, January 2018.
• “Closed-end Fund IPOs:  Sold, Not Bought”, with Diana Shao, February 2018.
  Internet Appendix