Papers


Published and Forthcoming Papers

  1. “Truth in Mutual Fund Advertising: Evidence on Future Performance and Fund Flows” (with Prem C. Jain), Journal of Finance, April 2000.

 

  1. “Accounting Standards, the Institutional Environment and Issuer Incentives: Effect on Timely Loss Recognition in China” (with Ray Ball and Ashok Robin), Asia-Pacific Journal of Accounting and Economics, December 2000.

 

  1. “Earnings Skewness and Analyst Forecast Bias” (with Zhaoyang Gu), Journal of Accounting and Economics, April 2003, lead article.

SSRN Link

Summarized and commented by M. Krishnan in International Journal of Forecasting 20 (Oct-Dec 2004): 734-735.

 

  1. “Incentives versus Standards: Properties of Accounting Income in Four East Asian Countries” (with Ray Ball and Ashok Robin), Journal of Accounting and Economics, December, 2003.

SSRN Link  

Presented at the 2002 Journal of Accounting and Economics Annual Conference.  

 

  1. “Jinan Qingqi Motorcycle Co., Ltd: A Case Study” (with Ray Ball), Journal of Accounting Education, 2004.

 

  1. “Asymmetric Sensitivity of CEO Cash Compensation to Stock Returns” (with Andrew Leone and Jerry Zimmerman), Journal of Accounting and Economics, October 2006. 

SSRN Link

Presented at the 2004 Journal of Accounting and Economics Annual Conference.

 

  1. “Why do Managers Voluntarily Issue Cash Flow Forecasts?” (with Charles Wasley), Journal of Accounting Research, May 2006.

SSRN Link

Presented at the 2005 Journal of Accounting Research Annual Conference.

 

  1. “Discussion of ‘Will Harmonizing Accounting Standards Really Harmonize Accounting? Evidence from Non-U.S. Firms Adopting US GAAP’ ” Journal of Accounting, Auditing and Finance, 2008.

 

  1. “What Determine Financial Analysts’ Career Outcomes During Mergers?”  (with Amy Zang), Journal of Accounting and Economics, March 2009.

SSRN Link

Presented at the 2007 Journal of Accounting and Economics Annual Conference.

 

  1. “Unintended Consequences of Granting Small Firms Exemptions from Securities Regulation: Evidence from the Sarbanes-Oxley Act” (with Feng Gao and Jerry Zimmerman). Journal of Accounting Research, May 2009. 

SSRN Link

Presented at the 2008 Journal of Accounting Research Annual Conference


  1.  “The Voluntary Adoption of Internationally Recognized Accounting Standards and Firm Internal Performance Evaluation” (with Ivy Zhang). The Accounting Review, July 2009.

SSRN Link

Featured in Harvard Law School Forum on Corporate Governance and Financial Regulation, 2009.

 

  1. “Why Do Mutual Fund Advisory Contracts Change? Performance, Growth, and Spillover Effects” (with Jerry Warner), Journal of Finance, February 2011.

SSRN Link   

 

  1. “Soft-Talk Management Cash Flow Forecasts: Bias, Quality, and Stock Price Effects” (with Michael Dambra and Charles Wasley), Contemporary Accounting Research, June 2013.  

SSRN Link

 

  1. “The Adoption of Internationally Recognized Accounting Standards: Implications for the Credit Markets” (with Ivy Zhang). Journal of Accounting, Auditing and Finance, April 2014.
  1.  “Do Analyst Stock Recommendations Piggyback on Recent Corporate News? An Analysis of Regular-Hour and After-Hours Revisions” (with Edward Li, K. Ramesh, and Min Shen), Journal of Accounting Research, 2015.
        SSRN Link

 

  1. “Quarter-end Repo Borrowing Dynamics and Bank Risk Opacity” (With Edward Owens), Review of Accounting Studies, 2015.

SSRN Link

Winner of the Best Paper Award at the 2014 Review of Accounting Studies Annual Conference.

  

  1.  “Idiosyncratic Shocks to Firm Underlying Economics and Abnormal Accruals” (with Edward Owens and Jerry Zimmerman), The Accounting Review, 2017.

SSRN Link

 

  1.  “Mandatory IFRS Adoption and the Role of Accounting Earnings in CEO Turnover” (with Ivy Zhang), Contemporary Accounting Research, 2018.

SSRN Link

  

  1. “Is Silence Golden? Real Effects of Mandatory Disclosure” (with Sudarshan Jayaraman), Review of Financial Studies, Forthcoming.

SSRN Link

 

 

 

Working Papers

 

 

20.  “Should I Stay or Should I Grow? Feedback Effects of Voluntary Disclosure” (with Sudarshan Jayaraman)

  

21.  “Price Discovery in Good and Bad Times: An Analysis of the Annual Corporate Disclosure Cycle” (with Edward Li, K. Ramesh, and Min Shen) 

 

22.  “Good Buffer, Bad Buffer” (with Sudarshan Jayaraman and Bryce Schonberger)

  

23.  “Having My Cake and Eating It Too: Why Do Firms Adopt Mark-to-Market Pension Accounting?” (with Jaewoo Kim and Charlie Wasley)

  

24.  “Global Expertise of Financial Analysts” (with Guang Ma and Stanimir Markov)
 
 

25.  “Accounting Integration and Comparability: Evidence from Relative Performance Evaluation around IFRS Adoption” (with Ivy Zhang)

 

26.  “What does it take to become a superstar? Evidence from Institutional Investor rankings of financial analysts” (with Andrew Leone).