Working Papers

“How Management Risk Affects Corporate Debt” (with Yihui Pan and Tracy Yue Wang), Review of Financial Studies, forthcoming.

“The Liquidity Cost of Private Equity Investments: Evidence from Secondary Market Transactions” (with Taylor D. Nadauld, Berk A. Sensoy, and Keith Vorkink), Journal of Financial Economics, forthcoming.

“Measuring Institutional Investors’ Skill at Making Private Equity Investments” (with Daniel R. Cavagnaro, Berk A. Sensoy, and Yingdi Wang), under revision for The Journal of Finance.

“The Economics of PIPEs” (with Jongha Lim and Michael W. Schwert).

“Price Risk, Production Flexibility, and Liquidity Management:  Evidence from Electricity Generating Firms” (with Chen Lin and Thomas Schmid).

“Corporate Liquidity, Acquisitions, and Macroeconomic Conditions” (with Isil Erel, Yeejin Jang, and Bernadette A. Minton).