Research

I like to think of myself as a bit of a finance aficionado. My curiosity knows no bounds, guiding me through a plethora of research endeavors across various disciplines, many of which take me down various rabbit holes. But to me, venturing into rabbit holes of research is like stumbling upon a treasure trove of fun surprises! 


Selected working papers

Intangible Liabilities, with Arnt Verriest, 2023 [Link], R&R at Management Science

Measuring Business Social Responsibility: The Case of Sin Stocks, with Patrick Schwarz, 2023 [Link]

The Brand Premium, with Young Dae Kang, [Link], R&R  at Review of Financial Studies

From Personal Finance to Corporate Finance: How CEOs’ Personal Financial Risk Appetite AffectsThat of Their Firms , with E. Zajac and D. Zhang, 2023 [Link]

Publications (in finance, economics, strategy, management, and international business)

CEO Wealth and Cross-border Acquisitions by SMEs, with G. Benito, D. Zhang, F. Zilja, International Business Review, 2023 [Link]

Zero Leverage Puzzle: Do Labor Laws Matter?, with Arnt Verriest, European Financial Management, 2023 [Link][ungated version]

An alternative to shareholder capitalism? A review of Alex Edmans’ “Grow the Pie: How Great Companies Deliver Both Purpose and Profit, Journal of International Financial Management & Accounting, 2023 [Link][ungated version]

Employee Satisfaction and Long-Run Stock Returns, 1984-2020, with Y. Kang, Financial Analysts Journal, 2022 [Link][ungated version]

Bankruptcy Reform, Credit Availability, and Financial Distress, Finance, 2022 [Link]

Taking Changes? The Effect of CEO Risk Propensity on Firms' Risky Internationalization Decisions, with E.Zajac, F. Zilja, Journal of International Business Studies, 2022  [Link]

Sovereign to Corporate Risk Spillovers, with P. Augustin, J. Breckenfelder, J. Schnitzler, Journal of Money, Credit, and Banking, 2018  [Link]

Wages and Human Capital in Finance: International Evidence, 1970-2011, with E. Grant, A. Reshef, Review of Finance, 2018  [Link]

Managerial Risk-taking and Internationalization, with F. Zilja, Academy of Management, 2017  [Link]

Finance and Employment: Evidence from US Banking Reforms, Journal of Banking & Finance, 2014  [Link]

Information Acquisition, Foreign Bank Entry, and Credit Allocation, Quarterly Review of Economics and Finance, 2014 [Link]

Bank Deregulation and Relative Wages in Finance, Applied Economics Letters, 2014  [Link]