The Decline of Too Big to Fail

Berndt, A., Duffie, D., and Zhu, Y. (2025). Forthcoming in the American Economic Review
 

Polarized Corporate Boards

Hoang, T., Ngo, P. T. H., and Zhang L. (2025). Journal of Corporate Finance 91, 102697
 

Common lender, Ex-banker Director, and Corporate Investment

Asai, K., Hoang, T., and Yamada, T. (2024). Journal of Financial and Quantitative Analysis 59, 3959-3993
 

Uncertainty Risk Resolution Before Earnings Announcements

Gao, C., Hu, G. X., & Zhang, X. (2025). Forthcoming in Management Science
 

Managerial Ownership in a Private Firm Framework

Gao, C. & Johnston, M. (2025). Forthcoming in the Review of Corporate Finance Studies
 

The Decline of Too Big to Fail

Berndt, A., Duffie, D., and Zhu, Y. (2025). Forthcoming in the American Economic Review
 

Polarized Corporate Boards

Hoang, T., Ngo, P. T. H., and Zhang L. (2025). Journal of Corporate Finance 91, 102697
 

Common lender, Ex-banker Director, and Corporate Investment

Asai, K., Hoang, T., and Yamada, T. (2024). Journal of Financial and Quantitative Analysis 59, 3959-3993
 

Complementarity of Sovereign and Corporate Debt Issuance: Mind the Gap

van Bekkum, S., Grundy, B., and Verwijmeren, P (2024). Review of Finance 28, 1187-1213
 

What Can Volatility Smiles Tell Us About the Too Big to Fail Problem?

Ngo, P. T. H., and Puente, D. (2024). Journal of Financial and Quantitative Analysis 59, 863-895
 

Why Momentum Concentrates Among Overvalued Stocks?

Favilukis, J. and Zhang, T. (2024). Review of Finance 28, 389-412
 

A Liberalization Spillover: From Equities to Loans

Liu, X.Wei, S-J, and Zhou, Y., (2024). Journal of Financial and Quantitative Analysis 59, 395-433
 

Intermediary frictions and asset pricing, 2024

Grundy, B., Verwijmeren, P. and Yang, A. (2024). Journal of Financial Intermediation 58, 101085
 

Bank Lobbying as a Financial Safety Net: Evidence from the Postcrisis U.S. Banking Sector

Kentaro, A. (2024). The Review of Corporate Finance Studies 13, 739-774
 

Dividend Hibernation and Future Earnings: When No Dividend News is Good News

Drienko, J., and Khorsand, B. (2023). Journal of Corporate Finance 83, 102502
 

Cheaper Is Not Better: On the ‘Superior’ Performance of High-Fee Mutual Funds

Sheng, J., Simutin, M., and Zhang, T. (2023). The Review of Asset Pricing Studies 13, 375-404
 

De facto bank bailouts

Ngo, P. T. H., and Puente, D. (2024). Journal of Financial and Quantitative Analysis 57, 3081-3113