Research

Publications

Influencing Control: Jawboning in Risk Arbitrage,” with Wei Jiang and Danqing Mei, (2017). Journal of Finance, forthcoming

Outsourcing Corporate Governance: Conflicts of Interest Within the Proxy Advisory Industry,” (2016). Management Science, forthcoming

Appraisal: Shareholder Remedy or Litigation Arbitrage?” with Wei Jiang, Danqing Mei, and Randall Thomas, Journal of Law and Economics 59(3), 697-729, August 2016.

The Value of Access to Rail Transit in a Congested City: Evidence from Housing Prices in Beijing,” (2017). Real Estate Economics, forthcoming

Working Papers

The Benefits of Friendship in Hedge Fund Activism,” with Ellen He (2018).

  • Presented at 4th Conference on Recent Advances in Mutual and Hedge Fund Research (Humboldt & ESMT), EFA, 9th Annual Hedge Fund Research Conference, CEPR Annual Spring Symposium in Financial Economics (Imperial College), Consortium on Institutional Investing and Hedge Funds (Cambridge University), The Role of Hedge Funds and other Collective Investments in the Modern World (Manchester), FMA, FMA Europe
  • Coverage: Seeking Alpha

Picking Friends Before Picking (Proxy) Fights: How Mutual Fund Voting Shapes Proxy Contests,” with Alon Brav and Wei Jiang (2017), Columbia Business School Research Paper No. 18-16.

Investor Ideology,” with Patrick Bolton, Enrichetta Ravina, and Howard Rosenthal (2018), Columbia Business School Research Paper No. 18-21.

Activist M&A Arbitrage in Acquirers,” with Wei Jiang and Danqing Mei (2018).

 “Seeking Out Non-Public Information: Sell-Side Analysts and the Freedom of Information Act,” with April Klein and Bobo Zhang (2018). R&R at The Accounting Review

  • Presented at TAU Finance Conference, LBS Accounting Symposium, EFA, American Accounting Association

Acquiring and Trading on Complex Information: How Hedge Funds Use the Freedom of Information Act,” with April Klein (2015). This paper was previously circulated under the title “Costs and Benefits of Acquiring Information: How Hedge Fund Managers Trade on the Freedom of Information Act.”

  • Presented at EFA, American Law & Economics Association, Annual Hedge Fund Research Conference (Paris), EFMA, FMA
  • Winner for the 2015 EFMA Conference Best Paper Award
  • Semi-finalist for the 2015 FMA Conference Best Paper Award
  • Coverage: Barclay’s Insider Report

Other Publications

Activist Arbitrage in M&A Acquirers,” with Wei Jiang, and Danqing Mei, Harvard Law School Forum on Corporate Governance, April 6, 2018.

Investor Ideology,” with Patrick Bolton, Enrichetta Ravina, and Howard Rosenthal, Harvard Law School Forum on Corporate Governance, March 14, 2018.

Picking Friends Before Picking (Proxy) Fights: How Mutual Fund Voting Shapes Proxy Contests,” with Alon Brav, and Wei Jiang, Harvard Law School Forum on Corporate Governance, February 12, 2018.

Outsourcing Corporate Governance,” Harvard Law School Forum on Corporate Governance, September 18, 2016.

Influencing Control: Jawboning in Risk Arbitrage,” with Wei Jiang, and Danqing Mei, Harvard Law School Forum on Corporate Governance, May 30, 2016.

Reforming the Delaware Law to Address Appraisal Arbitrage,” with Wei Jiang, Danqing Mei, and Randall Thomas, Harvard Law School Forum on Corporate Governance, May 12, 2016.

Conflicts of Interest within the Proxy Advisory Industry,” Ethical Boardroom Magazine (London), Winter Edition 2014, pp 94-95.

Conflicts of Interest and Competition in the Proxy Advisory Industry,” Columbia Law School Blue Sky Blog, December 18, 2013.

Selected Media Citations