舒涛

教授

校长讲座教授;深圳高等金融研究院资本市场和资产管理研究中心主任

教育背景

德克萨斯大学奥斯汀分校金融学博士

德克萨斯大学奥斯汀分校统计学硕士

中南财经大学金融学学士

 

研究领域

资产定价、行为金融学、公司财务、公司并购

Publications

1. Is the Chinese Anti-Corruption Campaign Authentic? Evidence from Corporate Investigations, with John Griffin and Clark Liu, Management Science, Forthcoming.

2. Life is Too Short? Bereaved Managers and Investment Decisions, with Clark Liu, Johan Sulaeman, and P. Eric Yeung, Review of Finance, Forthcoming.

3. The Role of External Regulators in Mergers and Acquisitions:  Evidence from SEC Comment Letters, with Tingting Liu, Erin Towery, and Jasmine Wang, Review of Accounting Studies, Forthcoming.

4. Unique Bidder-Target Relatedness and Synergies Creation in Mergers and Acquisitions, with Tingting Liu, Zhongjin (Gene) Lu, and Fengrong Wei, Journal of Corporate Finance, Forthcoming.

5. Patent Quality, Firm Value, and Investor Underreaction: Evidence from Patent Examiner Busyness, with Xuan Tian and Xintong Zhan, Journal of Financial Economics 2022, 143, 1043-1069.

6. Expectation Management in Mergers and Acquisitions, with Jie (Jack) He, Tingting Liu, and Jeffry Netter, Management Science 2020, 66, 1205-1226.

7. The Convergence and Divergence of Investors’ Opinions around Earnings News: Evidence from a Social Network, with Robert Giannini and Paul Irvine, Journal of Financial Markets 2019, 42, 94-120.

8. Nonlocal Disadvantage: A Direct Examination of Social Media Sentiment, with Robert Giannini and Paul Irvine, Review of Asset Pricing Studies 2018, 8, 293-336.

9. Price Impact or Trading Volume: Why is the Amihud (2002) Measure Priced? with Xiaoxia Lou, Review of Financial Studies 2017, 30, 4481-4520.

10. Can Managers Use Discretionary Accruals to Ease Financial Constraints? Evidence from Discretionary Accruals Prior to Investment, with James Linck and Jeffry Netter, Accounting Review 2013, 88, 2117-2143.

11. Institutional Investor Participation and Stock Market Anomalies, Journal of Business Finance and Accounting 2013, 40, 695-718.

12. Local Religious Beliefs and Mutual Fund Risk-Taking Behaviors,  with Johan Sulaeman and P. Eric Yeung, Management Science 2012, 58, 1779-1796. Lead Article.

13. Examining the Dark Side of Financial Markets: Do Institutions Trade on Information from Investment Bank Connections?  with John Griffin and Selim Topaloglu, Review of Financial Studies 2012, 25, 2155-2188.

14. Who Drove and Burst the Tech Bubble? with John Griffin, Jeffery Harris, and Selim Topaloglu, Journal of Finance 2011, 66, 1251-1290.

15. Default Risk, Shareholder Advantage, and Stock Returns, with Lorenzo Garlappi, and Hong Yan., Review of Financial Studies 2008, 21, 2743-2778.

 

Working Papers

1. The Employee Clientele of Corporate Leverage: Evidence from Family Labor Income Diversification, with Jie (Jack) He, Xiao (Shaun) Ren, and Huan Yang

2. Workplace Inequality in Pay Growth: Evidence from US Individual-level Data, with Jie (Jack) He and Lei Li

3. The Disappearing IPO Puzzle: New Insights from Proprietary U.S. Census Data on Private Firms, with Thomas Chemmanur, Jie (Jack) He, and Xiao (Shaun) Ren

4. Risks in Mergers and Acquisitions, Evidence from Acquirer’s Risk-Factor Disclosure, with Feng Guo, Tingting Liu, and Xinyan Yan 

5. Winner’s Curse in Takeovers? Evidence from Investment Bank Valuation Disagreement, with Tingting Liu and Jasmine Wang

6. Similarity Breeds Trust: Political Homophily and CEO-Board Communication, with Sudipto Dasgupta, Ran Guo, and Xiao (Shaun) Ren

7. Dividend Policy in the Era of Big Data, with Clark Liu, Yancheng Qiu, and Shujing Wang 

8. Market-Based Innovation Policy: Evidence from High-Tech Incubators in China, with Yue Pan, Vincent Yao, and Pengdong Zhang

9. Growing Pains or Confidence? CEO Relative Age, Stress, and Firm Performance, with Sean Cao, Jasmine Wang, and Qinxi Wu

10. Aggregate Attention, with Paul Irvine and Siyi Shen