Research Interests
Information Aggregation in Financial Markets, Socially Responsible Investing, Corporate Finance
Publications
The Source of Information and Investment-Price Sensitivity
(with Alex Edmans and Sudarshan Jayaraman), Journal of Financial Economics 126(1), 74-96, October 2017
(with Eitan Goldman and Jordan Martel), Journal of Financial Economics 145(1), 239-258, July 2022
Voluntary Precision Disclosure and Endogenous Market Feedback
Management Science 69(9), 5618-5637, September 2023
Securities Markets Where Some Investors Receive Information About Cash Flow Betas
(with Shiyang Huang, Avanidhar Subrahmanyam, and Liyan Yang), Management Science 71(7), 5419-6318, July 2025
In Short Supply: Efficiency Implications of Rational Attention Allocation
(with Ankit Kalda and Xiaoying Li), Management Science (accepted)
Responsible Investors and Stock Market Feedback
(with Hui Chen), The Accounting Review (accepted)
Working Papers
Externalities of Responsible Investments, Revise and resubmit at Journal of Finance
(with Alessio Piccolo and Michele Bisceglia)
Socially Responsible Divestment, Revise and resubmit at Journal of Accounting Research
(with Alex Edmans and Doron Levit)
The Effect of Secondary Market Closure on Primary Market Funding Time: Evidence from Peer-to-Peer Lending, Revise and resubmit at Journal of Financial Markets
(with Craig Holden, Mingfeng Lin, Kai Lu, Zaiyan Wei, and Jun Yang)
(with Alessio Piccolo)
Market Feedback: Who Learns What
(with Itay Goldstein and Liyan Yang)
Dirty Money: How Banks Influence Financial Crime
(with Janet Gao, Joseph Pacelli, and Yufeng Wu)