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Non-Recourse Mortgage Law and Housing Speculation
Borrowers in states with non-recourse mortgage law face limited liability on their mortgage loans Using a regress

Tong-yob Nam, Seungjoon Oh*

ARTICLE | Journal of Banking & Finance |

Keywords: Non-recourse mortgage law, limited liability, housing speculation, state border discontinuity, originate-to-distribute

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Cross-Listing, Foreign Independent Directors and Firm Value
This paper examines how cross-listing affects firm value through changes in the foreign independent director compos

Seungjoon Oh, Keli Ding, Heungju Park

ARTICLE | Journal of Business Research | Vol.136, 2021

Keywords: Cross-Listing, firm value, corporate board, listed firms

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Policy Uncertainty and Peer Effects: Evidence from Corporate Investment in China
This study investigates whether economic policy uncertainty (EPU) magnifies peer effects in corporate investment in

Hyun Joong Im, Jia Liu, Young Joon Park*

ARTICLE | International Review of Financial Analysis | Vol.77, 2021

Keywords: Corporate investment policy, peer effects, economic policy uncertainty, underinvestment, information cascade

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The Misallocation of Finance
We estimate real losses arising from the cross-sectional misallocation of financial liabilities Extending a product

Toni Whited*, Jake Zhao

ARTICLE | Journal of Finance | Issue 5, Vol.76, 2021

Keywords: Corporate finance, tax benefits, agency costs, firm, productivity, debt, turnover, dynamics, markets, inputs

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Flight to Housing in China
We empirically detect the flight to safety vis-a-vis housing in China: Great economic uncertainty causes the price

Feng Dong, Jianfeng Liu, Zhiwei Xu, Bo Zhao

ARTICLE | Journal of Economic Dynamics and Control | Vol.130, 2021

Keywords: Heterogeneous households, store of value, housing policy, aggregate and distributional effects, consumption risk sharing

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How Country Reputation Differentials Influence Market Reaction to International Acquisitions
This study investigates the influence of country reputation differentials on market reaction to international acquis

Chengguang Li*, Oded Shenkar, William E. Newburry and Yinuo Tang

ARTICLE | Journal of Management Studies | Issue 6, Vol.58, 2021

Keywords: Country reputation, international acquisitions, international business, market reactions, social identity theory

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Market Integration, Systemic Risk and Diagnostic Tests in Large Mixed Panel
This study investigates an AR (autoregressive)-filtered version of several conventional diagnostic tests for cross-se

Cindy S.H. Wang, Cheng Hsiao,Hao-Hsiang Yang

ARTICLE | Econometric Reviews | Issue 8, Vol.40, 2021

Keywords: Autoregressive (AR) approximation, cross-sectional dependence, diagnostic tests, CD and Schott testsmarket integrationsystemic risk

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Persuasive Effects of Message Framing and Narrative Format on Promoting COVID-19 Vaccination: A Study on Chinese College Students
During a public health crisis, the provision and dissemination of health-related information are important for the

Weiming Ye, Qian Li, Shubin Yu*

ARTICLE | International Journal of Environmental Research and Public Health | Vol.18, 2021

Keywords: COVID-19, message framing, narrative framing, health belief model, health behavior, vaccination

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Managing Competitive Levers in A Collaborative Distribution Channel
This paper studies a distribution channel where a national brand manufacturer and a dominant retailer collaborate

Ehsan Bolandifar*, Zhong Cheng, Kaijie Zhu

ARTICLE | European Journal of Operational Research | Issue 3, Vol.293, 2021

Keywords: OR in marketing, asymmetric retail channel, store brand, dominant retailer

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Flight to Quality and Implicit Guarantee: Evidence from Chinese Trust Products
We investigate the existence of alleged implicit guarantee in the primary market of Chinese trust products by tes

Heungju Park, Sungbin Sohn*

ARTICLE | International Review of Economics and Finance | Vol.75, 2021

Keywords: Chinese shadow banking, flight-to-quality, implicit guarantee, credit spread, trust product

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