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), The Journal of Finance, forthcoming.

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

“Price Risk and Liquidity Management:  Evidence from the Electricity Industry” (with Chen Lin and Thomas Schmid).

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

“The Real Effect of Climate Change:  Evidence from New Investments in Power Plants” (with Chen Lin and Thomas Schmid).

“Selecting Directors Using Machine Learning” (with Léa H. Stern, Isil Erel, and Chenhao Tan).