Publications

• “Initial Public Offerings: Motives, Mechanisms, and Pricing,” with Donghang Zhang, 2022, The Oxford Research Encyclopedia of Economics and Finance, https://doi.org/10.1093/acrefore/9780190625979.013.776.
• “Seasoned Equity Issuers’ Prospectus Filings: How Informative Is Their Tone?” with Hong Qian and Santhosh Ramalingegowda, 2022, The Financial Review 57(2), 369-395.
• “The Puzzle of Frequent and Large Issues of Debt and Equity,” with Jay R. Ritter, 2022, Journal of Financial and Quantitative Analysis 57(1), 170–206.
• “Corporate Cash Shortfalls and Financing Decisions,” with Jay R. Ritter, 2021, Review of Financial Studies 34(4), 1789–1833. 
• “Relationship Banking and Loan Syndicate Structure: The Role of Private Equity Sponsors,” with Donghang Zhang and Yijia Zhao, 2018, The Financial Review, 53(3), 461–498. 
• “Private Equity Firms’ Reputational Concerns and the Costs of Debt Financing,” with Jay R. Ritter and Donghang Zhang, 2016, Journal of Financial and Quantitative Analysis, 51(1), 29–54.
• “Managing Underwriters and the Marketing of Seasoned Equity Offerings,” with Donghang Zhang, 2011, Journal of Financial and Quantitative Analysis, 46(1), 141–170. 
• “Intangible Investments and the Pricing of Corporate SGA Expenses,” with Gim Seow, and Joe Z. Shangguan, 2011, Journal of Business & Economic Studies, 17(2), 47–66.
• “Speed of Issuance, Lender Specialization, and the Rise of the 144A Debt Market,” with Gabriel Ramirez, 2010, Financial Management, 39(2), 643–673.
• “Corporate Governance and Investor Reactions to Seasoned Equity Offerings,” with James Tompkins, 2010, Managerial Finance, 36(7), 603–628.
• “Testing Theories of Capital Structure and Estimating the Speed of Adjustment,” with Jay R. Ritter, 2009, Journal of Financial and Quantitative Analysis, 44(2), 237–271.
• “Do Firms Become More Conservative After Financial Restatements?” with Joe Z. Shangguan and Gopala Vasudevan, 2009, International Journal of Accounting and Finance 1(4), 375–394.
• “The Networking Function of Investment Banks: Evidence from Private Investments in Public Equity,” with Joe Z. Shangguan and Donghang Zhang, 2008, Journal of Corporate Finance, 14(5), 738–752.
• “Information Opacity, Credit Risk, and the Design of Loan Contracts for Private Firms,” with Lucy Ackert and Gabriel Ramirez, 2007, Financial Markets, Institutions & Instruments 16(5), 221–242.